lek property developments limited Company Information
Company Number
01055226
Next Accounts
25 days late
Shareholders
robert godwin
mr stuart thomas godwin
Group Structure
View All
Industry
Development of building projects
+1Registered Address
109 hammersmith grove, hammersmith, london, W6 0NQ
Website
-lek property developments limited Estimated Valuation
Pomanda estimates the enterprise value of LEK PROPERTY DEVELOPMENTS LIMITED at £382.8k based on a Turnover of £925.3k and 0.41x industry multiple (adjusted for size and gross margin).
lek property developments limited Estimated Valuation
Pomanda estimates the enterprise value of LEK PROPERTY DEVELOPMENTS LIMITED at £1.4m based on an EBITDA of £406.2k and a 3.52x industry multiple (adjusted for size and gross margin).
lek property developments limited Estimated Valuation
Pomanda estimates the enterprise value of LEK PROPERTY DEVELOPMENTS LIMITED at £16m based on Net Assets of £10.5m and 1.52x industry multiple (adjusted for liquidity).
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Lek Property Developments Limited Overview
Lek Property Developments Limited is a live company located in london, W6 0NQ with a Companies House number of 01055226. It operates in the development of building projects sector, SIC Code 41100. Founded in May 1972, it's largest shareholder is robert godwin with a 50% stake. Lek Property Developments Limited is a mature, small sized company, Pomanda has estimated its turnover at £925.3k with healthy growth in recent years.
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Lek Property Developments Limited Health Check
Pomanda's financial health check has awarded Lek Property Developments Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 2 areas for improvement. Company Health Check FAQs
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3 Strong
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4 Regular
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2 Weak
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Size
annual sales of £925.3k, make it smaller than the average company (£6.3m)
- Lek Property Developments Limited
£6.3m - Industry AVG
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Growth
3 year (CAGR) sales growth of 10%, show it is growing at a faster rate (4%)
- Lek Property Developments Limited
4% - Industry AVG
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Production
with a gross margin of 21.3%, this company has a comparable cost of product (21.3%)
- Lek Property Developments Limited
21.3% - Industry AVG
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Profitability
an operating margin of 43.7% make it more profitable than the average company (5.9%)
- Lek Property Developments Limited
5.9% - Industry AVG
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Employees
with 3 employees, this is below the industry average (18)
3 - Lek Property Developments Limited
18 - Industry AVG
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Pay Structure
on an average salary of £49.8k, the company has an equivalent pay structure (£49.8k)
- Lek Property Developments Limited
£49.8k - Industry AVG
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Efficiency
resulting in sales per employee of £308.4k, this is equally as efficient (£308.4k)
- Lek Property Developments Limited
£308.4k - Industry AVG
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Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Lek Property Developments Limited
- - Industry AVG
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Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Lek Property Developments Limited
- - Industry AVG
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Stock Days
There is insufficient data available for this Key Performance Indicator!
- Lek Property Developments Limited
- - Industry AVG
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Cash Balance
has cash to cover current liabilities for 14 weeks, this is average cash available to meet short term requirements (18 weeks)
14 weeks - Lek Property Developments Limited
18 weeks - Industry AVG
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Debt Level
it has a ratio of liabilities to total assets of 57.3%, this is a lower level of debt than the average (70%)
57.3% - Lek Property Developments Limited
70% - Industry AVG
LEK PROPERTY DEVELOPMENTS LIMITED financials
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Lek Property Developments Limited's latest turnover from April 2023 is estimated at £925.3 thousand and the company has net assets of £10.5 million. According to their latest financial statements, Lek Property Developments Limited has 3 employees and maintains cash reserves of £57.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | ||||||||||||||
Other Income Or Grants | ||||||||||||||
Cost Of Sales | ||||||||||||||
Gross Profit | ||||||||||||||
Admin Expenses | ||||||||||||||
Operating Profit | ||||||||||||||
Interest Payable | ||||||||||||||
Interest Receivable | ||||||||||||||
Pre-Tax Profit | ||||||||||||||
Tax | ||||||||||||||
Profit After Tax | ||||||||||||||
Dividends Paid | ||||||||||||||
Retained Profit | ||||||||||||||
Employee Costs | ||||||||||||||
Number Of Employees | 3 | 3 | 3 | 3 | 3 | 3 | 4 | |||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 4,372 | 6,718 | 756 | 1,246 | 2,905 | 4,563 | 4,532 | 0 | 6,117,828 | 6,117,828 | 4,221,287 | 0 | 3,790,767 | 2,208,569 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 17,822,153 | 17,822,153 | 11,170,000 | 11,170,000 | 11,170,000 | 11,170,000 | 11,170,000 | 10,740,000 | 0 | 0 | 0 | 3,790,767 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 6,027,907 | 5,974,123 | 5,372,203 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 17,826,525 | 17,828,871 | 17,198,663 | 17,145,369 | 16,545,108 | 11,174,563 | 11,174,532 | 10,740,000 | 6,117,828 | 6,117,828 | 4,221,287 | 3,790,767 | 3,790,767 | 2,208,569 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 150 | 150 | 150 |
Trade Debtors | 0 | 0 | 38,668 | 73,370 | 23,108 | 4,551 | 9,933 | 0 | 2,197,807 | 2,211,674 | 1,985,486 | 825,922 | 819,295 | 225,844 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 6,788,006 | 6,174,988 | 156,802 | 63,382 | 42,350 | 5,832,667 | 5,743,646 | 5,711,134 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 57,145 | 218,449 | 79,281 | 1,171 | 430,225 | 116,922 | 22,239 | 22,460 | 168,336 | 20,980 | 23,638 | 55,112 | 285,038 | 68,085 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 6,845,151 | 6,393,437 | 274,751 | 137,923 | 495,683 | 5,954,140 | 5,775,818 | 5,733,594 | 2,366,143 | 2,232,654 | 2,009,124 | 881,184 | 1,104,483 | 294,079 |
total assets | 24,671,676 | 24,222,308 | 17,473,414 | 17,283,292 | 17,040,791 | 17,128,703 | 16,950,350 | 16,473,594 | 8,483,971 | 8,350,482 | 6,230,411 | 4,671,951 | 4,895,250 | 2,502,648 |
Bank overdraft | 0 | 0 | 0 | 1,118 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 44,999 | 0 | 0 |
Bank loan | 100,000 | 1,088,750 | 15,000 | 15,000 | 15,000 | 1,624,555 | 135,457 | 135,457 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 0 | 0 | 96,247 | 61,205 | 59,904 | 1,755 | 0 | 288 | 400,126 | 406,970 | 251,257 | 477,385 | 891,810 | 203,678 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 102,351 | 192,454 | 104,123 | 192,078 | 145,711 | 113,149 | 119,401 | 199,522 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 202,351 | 1,281,204 | 215,370 | 269,401 | 220,615 | 1,739,459 | 254,858 | 335,267 | 400,126 | 406,970 | 251,257 | 522,384 | 891,810 | 203,678 |
loans | 5,850,000 | 4,530,000 | 5,622,500 | 5,637,500 | 5,652,500 | 4,530,000 | 6,104,554 | 6,188,429 | 0 | 0 | 0 | 17,506 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 6,450,500 | 6,450,500 | 0 | 0 | 0 | 0 | 0 | 0 | 3,021,744 | 3,143,714 | 1,394,748 | 0 | 62,505 | 107,504 |
provisions | 1,630,705 | 1,239,336 | 1,239,336 | 1,239,336 | 1,108,879 | 1,108,788 | 1,126,728 | 1,142,779 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 13,931,205 | 12,219,836 | 6,861,836 | 6,876,836 | 6,761,379 | 5,638,788 | 7,231,282 | 7,331,208 | 3,021,744 | 3,143,714 | 1,394,748 | 17,506 | 62,505 | 107,504 |
total liabilities | 14,133,556 | 13,501,040 | 7,077,206 | 7,146,237 | 6,981,994 | 7,378,247 | 7,486,140 | 7,666,475 | 3,421,870 | 3,550,684 | 1,646,005 | 539,890 | 954,315 | 311,182 |
net assets | 10,538,120 | 10,721,268 | 10,396,208 | 10,137,055 | 10,058,797 | 9,750,456 | 9,464,210 | 8,807,119 | 5,062,101 | 4,799,798 | 4,584,406 | 4,132,061 | 3,940,935 | 2,191,466 |
total shareholders funds | 10,538,120 | 10,721,268 | 10,396,208 | 10,137,055 | 10,058,797 | 9,750,456 | 9,464,210 | 8,807,119 | 5,062,101 | 4,799,798 | 4,584,406 | 4,132,061 | 3,940,935 | 2,191,466 |
Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||
Operating Profit | ||||||||||||||
Depreciation | 2,347 | 915 | 1,067 | 1,659 | 1,659 | 1,660 | 412 | 0 | 0 | 0 | 0 | |||
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | ||||||||||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -150 | 0 | 0 | 150 |
Debtors | 613,018 | -48,389 | 112,502 | 673,214 | -399,557 | 83,639 | 42,445 | 3,513,327 | -13,867 | 226,188 | 1,159,564 | 6,627 | 593,451 | 225,844 |
Creditors | 0 | -96,247 | 35,042 | 1,301 | 58,149 | 1,755 | -288 | -399,838 | -6,844 | 155,713 | -226,128 | -414,425 | 688,132 | 203,678 |
Accruals and Deferred Income | -90,103 | 88,331 | -87,955 | 46,367 | 32,562 | -6,252 | -80,121 | 199,522 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 391,369 | 0 | 0 | 130,457 | 91 | -17,940 | -16,051 | 1,142,779 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | ||||||||||||||
Investing Activities | ||||||||||||||
capital expenditure | ||||||||||||||
Change in Investments | 0 | 6,652,153 | 0 | 0 | 0 | 0 | 430,000 | 10,740,000 | 0 | 0 | -3,790,767 | 3,790,767 | 0 | 0 |
cash flow from investments | ||||||||||||||
Financing Activities | ||||||||||||||
Bank loans | -988,750 | 1,073,750 | 0 | 0 | -1,609,555 | 1,489,098 | 0 | 135,457 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 1,320,000 | -1,092,500 | -15,000 | -15,000 | 1,122,500 | -1,574,554 | -83,875 | 6,188,429 | 0 | 0 | -17,506 | 17,506 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 6,450,500 | 0 | 0 | 0 | 0 | 0 | -3,021,744 | -121,970 | 1,748,966 | 1,394,748 | -62,505 | -44,999 | 107,504 |
share issue | ||||||||||||||
interest | ||||||||||||||
cash flow from financing | ||||||||||||||
cash and cash equivalents | ||||||||||||||
cash | -161,304 | 139,168 | 78,110 | -429,054 | 313,303 | 94,683 | -221 | -145,876 | 147,356 | -2,658 | -31,474 | -229,926 | 216,953 | 68,085 |
overdraft | 0 | 0 | -1,118 | 1,118 | 0 | 0 | 0 | 0 | 0 | 0 | -44,999 | 44,999 | 0 | 0 |
change in cash | -161,304 | 139,168 | 79,228 | -430,172 | 313,303 | 94,683 | -221 | -145,876 | 147,356 | -2,658 | 13,525 | -274,925 | 216,953 | 68,085 |
lek property developments limited Credit Report and Business Information
Lek Property Developments Limited Competitor Analysis
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Perform a competitor analysis for lek property developments limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in W 6 area or any other competitors across 12 key performance metrics.
lek property developments limited Ownership
LEK PROPERTY DEVELOPMENTS LIMITED group structure
Lek Property Developments Limited has no subsidiary companies.
Ultimate parent company
LEK PROPERTY DEVELOPMENTS LIMITED
01055226
lek property developments limited directors
Lek Property Developments Limited currently has 5 directors. The longest serving directors include Mrs Gillian Godwin (Mar 2015) and Mr Stuart Godwin (Mar 2015).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mrs Gillian Godwin | 74 years | Mar 2015 | - | Director | |
Mr Stuart Godwin | 34 years | Mar 2015 | - | Director | |
Mr Robert Godwin | 36 years | Mar 2015 | - | Director | |
Mrs Gillian Godwin | 74 years | Mar 2015 | - | Director | |
Mr Stuart Godwin | 34 years | Mar 2015 | - | Director |
P&L
April 2023turnover
925.3k
+8%
operating profit
403.9k
0%
gross margin
21.3%
+3.21%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
10.5m
-0.02%
total assets
24.7m
+0.02%
cash
57.1k
-0.74%
net assets
Total assets minus all liabilities
lek property developments limited company details
company number
01055226
Type
Private limited with Share Capital
industry
41100 - Development of building projects
41201 - Construction of commercial buildings
incorporation date
May 1972
age
53
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
April 2023
previous names
N/A
accountant
-
auditor
-
address
109 hammersmith grove, hammersmith, london, W6 0NQ
Bank
-
Legal Advisor
-
lek property developments limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 26 charges/mortgages relating to lek property developments limited. Currently there are 10 open charges and 16 have been satisfied in the past.
lek property developments limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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lek property developments limited Companies House Filings - See Documents
date | description | view/download |
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