lawrence group limited(the)

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lawrence group limited(the) Company Information

Share LAWRENCE GROUP LIMITED(THE)

Company Number

01056067

Shareholders

l & j collins 1985 settlement

lawrence & jill collins 1992 settlement jason

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Group Structure

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Industry

Activities of head offices

 

Registered Address

63-66 hatton garden, london, EC1N 8LE

lawrence group limited(the) Estimated Valuation

£33m

Pomanda estimates the enterprise value of LAWRENCE GROUP LIMITED(THE) at £33m based on a Turnover of £51.7m and 0.64x industry multiple (adjusted for size and gross margin).

lawrence group limited(the) Estimated Valuation

£1.5m

Pomanda estimates the enterprise value of LAWRENCE GROUP LIMITED(THE) at £1.5m based on an EBITDA of £289.5k and a 5.05x industry multiple (adjusted for size and gross margin).

lawrence group limited(the) Estimated Valuation

£49m

Pomanda estimates the enterprise value of LAWRENCE GROUP LIMITED(THE) at £49m based on Net Assets of £23.3m and 2.11x industry multiple (adjusted for liquidity).

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Lawrence Group Limited(the) Overview

Lawrence Group Limited(the) is a live company located in london, EC1N 8LE with a Companies House number of 01056067. It operates in the activities of head offices sector, SIC Code 70100. Founded in May 1972, it's largest shareholder is l & j collins 1985 settlement with a 19.5% stake. Lawrence Group Limited(the) is a mature, large sized company, Pomanda has estimated its turnover at £51.7m with low growth in recent years.

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Lawrence Group Limited(the) Health Check

Pomanda's financial health check has awarded Lawrence Group Limited(The) a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

5 Strong

positive_score

0 Regular

positive_score

7 Weak

size

Size

annual sales of £51.7m, make it larger than the average company (£20.9m)

£51.7m - Lawrence Group Limited(the)

£20.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (8.6%)

2% - Lawrence Group Limited(the)

8.6% - Industry AVG

production

Production

with a gross margin of 5%, this company has a higher cost of product (33.4%)

5% - Lawrence Group Limited(the)

33.4% - Industry AVG

profitability

Profitability

an operating margin of 0.5% make it less profitable than the average company (5.7%)

0.5% - Lawrence Group Limited(the)

5.7% - Industry AVG

employees

Employees

with 16 employees, this is below the industry average (113)

16 - Lawrence Group Limited(the)

113 - Industry AVG

paystructure

Pay Structure

on an average salary of £92.9k, the company has a higher pay structure (£49k)

£92.9k - Lawrence Group Limited(the)

£49k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £3.2m, this is more efficient (£196.9k)

£3.2m - Lawrence Group Limited(the)

£196.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 63 days, this is later than average (44 days)

63 days - Lawrence Group Limited(the)

44 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 0 days, this is quicker than average (42 days)

0 days - Lawrence Group Limited(the)

42 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 3 days, this is less than average (47 days)

3 days - Lawrence Group Limited(the)

47 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 187 weeks, this is more cash available to meet short term requirements (16 weeks)

187 weeks - Lawrence Group Limited(the)

16 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 3.2%, this is a lower level of debt than the average (54.7%)

3.2% - Lawrence Group Limited(the)

54.7% - Industry AVG

LAWRENCE GROUP LIMITED(THE) financials

EXPORTms excel logo

Lawrence Group Limited(The)'s latest turnover from February 2024 is £51.7 million and the company has net assets of £23.3 million. According to their latest financial statements, Lawrence Group Limited(The) has 16 employees and maintains cash reserves of £2.1 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011Feb 2010
Turnover51,740,86063,700,57052,500,59848,264,22134,610,71277,571,59356,885,06736,130,52534,852,41533,103,90950,888,60499,401,206228,180,191245,744,579207,792,408
Other Income Or Grants
Cost Of Sales49,149,32261,056,29550,210,44943,969,08232,455,02675,533,21955,004,21033,754,37432,723,70630,752,64148,672,39695,477,143220,051,507237,541,548201,710,639
Gross Profit2,591,5382,644,2752,290,1494,295,1392,155,6862,038,3741,880,8572,376,1512,128,7092,351,2682,216,2083,924,0638,128,6848,203,0316,081,769
Admin Expenses2,315,4011,862,4502,141,2593,001,7942,535,1981,807,8822,313,608265,2811,546,9101,676,7342,519,9941,587,0253,040,3832,746,3652,535,540
Operating Profit276,137781,825148,8901,293,345-379,512230,492-432,7512,110,870581,799674,534-303,7862,337,0385,088,3015,456,6663,546,229
Interest Payable77,36255,89931,46762,11683,24473,37849,84438,17254,828134,211445,036452,797413,634
Interest Receivable179,99423,97815,045306,199192,620207,133132,014175,23894,74988,56886,55566,97771,27945,717
Pre-Tax Profit456,131805,80371,5281,252,491-104,780527,774-308,8672,169,5061,474,672867,055-269,7852,289,6124,710,4435,075,3333,178,402
Tax-128,647-76,29558,267-101,386-12,736-22,97531,765-44,192-269,968-157,516-555,804-1,214,986-1,388,635-882,549
Profit After Tax327,484729,508129,7951,151,105-117,516504,799-277,1022,125,3141,204,704709,539-269,7851,733,8083,495,4573,686,6982,295,853
Dividends Paid303,914235,944235,944235,944235,944235,944235,944235,944335,82099,87699,87699,876199,75299,876
Retained Profit23,570493,564-106,149915,161-353,460268,855-513,0461,889,370868,884609,663-369,6611,733,8083,395,5813,486,9462,195,977
Employee Costs1,486,0541,458,9331,408,6143,759,6421,514,6421,511,2061,606,1351,350,4111,159,6431,088,0242,010,7621,235,0582,267,7542,017,1751,909,452
Number Of Employees161617181818181918182020252423
EBITDA*289,549793,096166,1661,314,080-357,952245,568-293,6212,155,018623,557714,396-254,9712,388,8215,122,9625,479,7513,577,271

* Earnings Before Interest, Tax, Depreciation and Amortisation

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011Feb 2010
Tangible Assets65,35461,56938,37553,05570,17152,28864,45474,52276,05699,2355,068,6962,934,8462,094,7232,001,7832,034,739
Intangible Assets5,50012,500
Investments & Other9,436,3209,547,2929,842,3939,584,0028,661,4728,435,3927,994,0697,913,6446,442,1976,574,84657,80757,80766,36570,09850,155
Debtors (Due After 1 year)842,668764,048
Total Fixed Assets9,501,6749,608,8619,880,7689,637,0578,731,6438,487,6808,058,5237,993,6667,373,4217,438,1295,126,5032,992,6532,161,0882,071,8812,084,894
Stock & work in progress462,33590,701435,413933,622117,843557,7363,663,1583,879,3294,212,8313,507,8494,013,4727,117,45612,913,42611,089,8976,674,007
Trade Debtors8,997,0229,865,1586,192,9854,037,3817,541,5385,524,625383,695241,230284,989239,668505,914296,844925,4632,921,4213,036,748
Group Debtors667,016508,466455,131455,1311,415,7501,456,323296,837
Misc Debtors2,985,8193,413,3013,580,7003,330,6033,136,6606,249,0424,889,8353,367,3302,542,8891,368,658453,861441,962322,805106,315107,329
Cash2,080,4401,076,7753,970,1365,435,8032,835,5651,562,9884,233,9276,227,9466,652,5839,397,32910,380,71610,043,8135,116,5944,543,2775,378,191
misc current assets
total current assets14,525,61614,445,93514,846,25014,245,87514,086,73714,349,52214,586,36515,172,15813,990,12914,513,50415,353,96317,900,07519,278,28818,660,91015,196,275
total assets24,027,29024,054,79624,727,01823,882,93222,818,38022,837,20222,644,88823,165,82421,363,55021,951,63320,480,46620,892,72821,439,37620,732,79117,281,169
Bank overdraft82,37172,109622,931238,285411,6351,579,2241,372,9942,695,601
Bank loan
Trade Creditors 128,735133,703178,751156,20391,835137,213245,584183,894250,261204,100436,652328,138318,444301,991137,957
Group/Directors Accounts794,587141,599141,599471,496480,975404,969
other short term finances
hp & lease commitments
other current liabilities447,591493,6991,620,111634,157650,520283,240274,184229,628229,694517,490509,816487,5811,280,2454,182,4453,135,203
total current liabilities576,326627,4021,798,862790,360742,355420,453519,768495,893552,0642,139,1081,326,3521,368,9533,649,4096,338,4056,373,730
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions199,000199,000193,326251,593150,207137,471114,496146,261177,18647,109
total long term liabilities199,000199,000193,326251,593150,207137,471114,496146,261177,18647,109
total liabilities775,326826,4021,992,1881,041,953892,562557,924634,264642,154729,2502,186,2171,326,3521,368,9533,649,4096,338,4056,373,730
net assets23,251,96423,228,39422,734,83022,840,97921,925,81822,279,27822,010,62422,523,67020,634,30019,765,41619,154,11419,523,77517,789,96714,394,38610,907,439
total shareholders funds23,251,96423,228,39422,734,83022,840,97921,925,81822,279,27822,010,62422,523,67020,634,30019,765,41619,154,11419,523,77517,789,96714,394,38610,907,439
Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011Feb 2010
Operating Activities
Operating Profit276,137781,825148,8901,293,345-379,512230,492-432,7512,110,870581,799674,534-303,7862,337,0385,088,3015,456,6663,546,229
Depreciation13,41211,27117,27620,73521,56015,076133,63026,14829,25839,86248,81551,78334,66123,08531,042
Amortisation5,50018,00012,500
Tax-128,647-76,29558,267-101,386-12,736-22,97531,765-44,192-269,968-157,516-555,804-1,214,986-1,388,635-882,549
Stock371,634-344,712-498,209815,779-439,893-3,105,422-216,171-333,502704,982-505,623-3,103,984-5,795,9701,823,5294,415,8906,674,007
Debtors-1,295,6182,837,7582,564,251-3,256,879-1,095,4695,539,5181,624,3971,097,5001,595,0091,412,599220,969-509,462-1,779,468-116,3413,144,077
Creditors-4,968-45,04822,54864,368-45,378-108,37161,690-66,36746,161-232,552108,5149,69416,453164,034137,957
Accruals and Deferred Income-46,108-1,126,412985,954-16,363367,2809,05644,556-66-287,7967,67422,235-792,664-2,902,2001,047,2423,135,203
Deferred Taxes & Provisions5,674-58,267101,38612,73622,975-31,765-30,925130,07747,109
Cash flow from operations1,033,810-2,942,031-891,3743,803,1851,499,312-2,287,843-1,595,6011,249,470-2,057,960-527,8652,758,7937,355,479978,1681,002,843-3,850,202
Investing Activities
capital expenditure146,442-2,556,071-117,807-592,904-2,182,665-893,472-125,265-82-42,166
Change in Investments-110,972-295,101258,391922,530226,080441,32380,4251,471,447-132,6496,517,039-8,558-3,73319,94350,155
cash flow from investments110,972295,101-258,391-922,530-226,080-441,32366,017-4,027,51814,842-7,109,943-2,182,665-884,914-121,532-20,025-92,321
Financing Activities
Bank loans
Group/Directors Accounts-794,587652,988-329,897-9,47976,006404,969
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue-2011,63918,711,462
interest179,99423,978-77,362-40,854274,732130,504123,88958,636125,39456,57733,740-47,656-378,059-381,518-367,917
cash flow from financing179,99423,978-77,362-40,854274,732130,303123,88958,636-669,193711,20433,740-377,553-387,538-305,5118,748,514
cash and cash equivalents
cash1,003,665-2,893,361-1,465,6672,600,2381,272,577-2,670,939-1,994,019-424,637-2,744,746-983,387336,9034,927,219573,317-834,9145,378,191
overdraft-82,37110,262-550,822384,646-173,350-1,167,589206,230-1,322,6072,695,601
change in cash1,003,665-2,893,361-1,465,6672,600,2381,272,577-2,670,939-1,911,648-434,899-2,193,924-1,368,033510,2536,094,808367,087487,6932,682,590

lawrence group limited(the) Credit Report and Business Information

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High Risk20 - 30
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Lawrence Group Limited(the) Competitor Analysis

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Perform a competitor analysis for lawrence group limited(the) by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other large companies, companies in EC1N area or any other competitors across 12 key performance metrics.

lawrence group limited(the) Ownership

LAWRENCE GROUP LIMITED(THE) group structure

Lawrence Group Limited(The) has 4 subsidiary companies.

LAWRENCE GROUP LIMITED(THE) Shareholders

l & j collins 1985 settlement 19.54%
lawrence & jill collins 1992 settlement jason 13.51%
lawrence & jill collins 1992 settlement dean 13.51%
lawrence & jill collins 1992 settlement nicole 13.51%
lawrence & jill collins 1992 settlement sheldon 13.51%
lawrence michael collins 13.22%
jill collins 13.22%

lawrence group limited(the) directors

Lawrence Group Limited(The) currently has 4 directors. The longest serving directors include Mr Sheldon Collins (May 1991) and Ms Jill Collins (May 1991).

officercountryagestartendrole
Mr Sheldon CollinsUnited Kingdom59 years May 1991- Director
Ms Jill CollinsEngland81 years May 1991- Director
Mr Lawrence CollinsEngland85 years May 1991- Director
Mr Jason CollinsUnited Kingdom57 years Feb 1994- Director

P&L

February 2024

turnover

51.7m

-19%

operating profit

276.1k

-65%

gross margin

5.1%

+20.66%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

February 2024

net assets

23.3m

0%

total assets

24m

0%

cash

2.1m

+0.93%

net assets

Total assets minus all liabilities

lawrence group limited(the) company details

company number

01056067

Type

Private limited with Share Capital

industry

70100 - Activities of head offices

incorporation date

May 1972

age

53

incorporated

UK

ultimate parent company

None

accounts

Group

last accounts submitted

February 2024

previous names

lawrence hatton garden gems limited (July 1984)

accountant

-

auditor

KBSP PARTNERS LLP

address

63-66 hatton garden, london, EC1N 8LE

Bank

LLOYDS TSB BANK PLC

Legal Advisor

-

lawrence group limited(the) 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 7 charges/mortgages relating to lawrence group limited(the). Currently there are 7 open charges and 0 have been satisfied in the past.

lawrence group limited(the) 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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lawrence group limited(the) Companies House Filings - See Documents

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