lowes financial management limited
lowes financial management limited Company Information
Company Number
01115681
Next Accounts
Sep 2025
Shareholders
lowes group plc
Group Structure
View All
Industry
Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
Registered Address
fernwood house clayton road, newcastle upon tyne, jesmond, NE2 1TL
Website
https://www.lowes.co.uklowes financial management limited Estimated Valuation
Pomanda estimates the enterprise value of LOWES FINANCIAL MANAGEMENT LIMITED at £12m based on a Turnover of £7.8m and 1.54x industry multiple (adjusted for size and gross margin).
lowes financial management limited Estimated Valuation
Pomanda estimates the enterprise value of LOWES FINANCIAL MANAGEMENT LIMITED at £1.5m based on an EBITDA of £280.1k and a 5.31x industry multiple (adjusted for size and gross margin).
lowes financial management limited Estimated Valuation
Pomanda estimates the enterprise value of LOWES FINANCIAL MANAGEMENT LIMITED at £3m based on Net Assets of £2.2m and 1.34x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Lowes Financial Management Limited Overview
Lowes Financial Management Limited is a live company located in jesmond, NE2 1TL with a Companies House number of 01115681. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in May 1973, it's largest shareholder is lowes group plc with a 100% stake. Lowes Financial Management Limited is a mature, mid sized company, Pomanda has estimated its turnover at £7.8m with low growth in recent years.
Upgrade for unlimited company reports & a free credit check
Lowes Financial Management Limited Health Check
Pomanda's financial health check has awarded Lowes Financial Management Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs
6 Strong
1 Regular
4 Weak
Size
annual sales of £7.8m, make it larger than the average company (£5.5m)
£7.8m - Lowes Financial Management Limited
£5.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (4.9%)
- Lowes Financial Management Limited
4.9% - Industry AVG
Production
with a gross margin of 54.9%, this company has a comparable cost of product (53.9%)
54.9% - Lowes Financial Management Limited
53.9% - Industry AVG
Profitability
an operating margin of 2.8% make it less profitable than the average company (9.1%)
2.8% - Lowes Financial Management Limited
9.1% - Industry AVG
Employees
with 64 employees, this is above the industry average (14)
64 - Lowes Financial Management Limited
14 - Industry AVG
Pay Structure
on an average salary of £48.2k, the company has a lower pay structure (£82.9k)
£48.2k - Lowes Financial Management Limited
£82.9k - Industry AVG
Efficiency
resulting in sales per employee of £121.8k, this is less efficient (£223.8k)
£121.8k - Lowes Financial Management Limited
£223.8k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (33 days)
0 days - Lowes Financial Management Limited
33 days - Industry AVG
Creditor Days
its suppliers are paid after 23 days, this is quicker than average (46 days)
23 days - Lowes Financial Management Limited
46 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Lowes Financial Management Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 91 weeks, this is more cash available to meet short term requirements (29 weeks)
91 weeks - Lowes Financial Management Limited
29 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 28.4%, this is a lower level of debt than the average (70.8%)
28.4% - Lowes Financial Management Limited
70.8% - Industry AVG
LOWES FINANCIAL MANAGEMENT LIMITED financials
Lowes Financial Management Limited's latest turnover from December 2023 is £7.8 million and the company has net assets of £2.2 million. According to their latest financial statements, Lowes Financial Management Limited has 64 employees and maintains cash reserves of £1.5 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 7,793,375 | 8,233,410 | 8,595,856 | 7,730,660 | 8,411,836 | 8,721,819 | 8,649,632 | 6,614,419 | 6,605,531 | 6,599,187 | 5,768,679 | 4,209,638 | 3,750,886 | 3,524,511 | 2,670,027 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 3,514,954 | 3,337,593 | 3,462,067 | 3,032,438 | 3,124,495 | 4,294,556 | 4,530,430 | 3,211,263 | 3,558,325 | 3,581,586 | 3,046,985 | 2,186,996 | 1,876,704 | 1,913,172 | 1,447,775 |
| Gross Profit | 4,278,421 | 4,895,817 | 5,133,789 | 4,698,222 | 5,287,341 | 4,427,263 | 4,119,202 | 3,403,156 | 3,047,206 | 3,017,601 | 2,721,694 | 2,022,642 | 1,874,182 | 1,611,339 | 1,222,252 |
| Admin Expenses | 4,058,718 | 4,871,342 | 4,402,070 | 4,094,925 | 4,438,034 | 3,643,815 | 3,622,380 | 3,275,853 | 2,567,392 | 2,413,726 | 2,051,791 | 1,850,637 | 1,540,139 | 1,326,650 | 1,106,994 |
| Operating Profit | 219,703 | 24,475 | 731,719 | 603,297 | 849,307 | 783,448 | 496,822 | 127,303 | 479,814 | 603,875 | 669,903 | 172,005 | 334,043 | 284,689 | 115,258 |
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Interest Receivable | 45,380 | 15,172 | 2,591 | 7,248 | 10,438 | 7,971 | 2,320 | 4,124 | 9,895 | 8,706 | 8,292 | 2,849 | 6,481 | 3,694 | 3,037 |
| Pre-Tax Profit | 265,083 | 39,647 | 734,310 | 610,545 | 859,745 | 791,419 | 499,142 | 131,427 | 489,709 | 612,581 | 678,195 | 174,854 | 340,524 | 288,383 | 118,295 |
| Tax | -63,123 | 3,029 | -139,168 | -119,983 | -118,027 | -152,840 | -98,086 | -27,558 | 86,987 | -130,764 | -170,454 | -16,635 | -112,960 | -78,542 | -26,990 |
| Profit After Tax | 201,960 | 42,676 | 595,142 | 490,562 | 741,718 | 638,579 | 401,056 | 103,869 | 576,696 | 481,817 | 507,741 | 158,219 | 227,564 | 209,841 | 91,305 |
| Dividends Paid | 0 | 0 | 800,000 | 400,000 | 600,000 | 400,000 | 100,000 | 300,000 | 405,000 | 450,000 | 750,000 | 200,000 | 150,000 | 50,000 | 100,000 |
| Retained Profit | 201,960 | 42,676 | -204,858 | 90,562 | 141,718 | 238,579 | 301,056 | -196,131 | 171,696 | 31,817 | -242,259 | -41,781 | 77,564 | 159,841 | -8,695 |
| Employee Costs | 3,087,444 | 2,524,342 | 1,739,841 | 1,963,499 | 1,525,081 | 1,454,387 | 1,177,599 | 984,330 | 1,024,595 | 817,742 | 783,107 | 764,509 | 687,280 | 557,010 | |
| Number Of Employees | 64 | 61 | 50 | 53 | 52 | 49 | 44 | 42 | 36 | 34 | 34 | 23 | 22 | 21 | 19 |
| EBITDA* | 280,111 | 97,653 | 748,859 | 626,498 | 877,136 | 817,891 | 544,344 | 188,211 | 513,271 | 637,548 | 695,783 | 187,945 | 349,795 | 311,876 | 209,668 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 190,659 | 232,763 | 52,030 | 90,889 | 93,595 | 118,323 | 144,456 | 200,821 | 103,002 | 95,175 | 85,844 | 49,213 | 55,891 | 44,733 | 41,430 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 113,226 | 105,298 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 303,885 | 338,061 | 52,030 | 90,889 | 93,595 | 118,323 | 144,456 | 200,821 | 103,002 | 95,175 | 85,844 | 49,213 | 55,891 | 44,733 | 41,430 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 21,188 | 32,466 | 7,686 | 16,455 | 28,735 | 50,766 | 69,664 | 102,445 | 36,450 | 31,480 | 65,218 | 46,058 | 39,400 | 29,750 | 13,396 |
| Group Debtors | 319,541 | 555,701 | 6,235 | 4,897 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 953,955 | 802,203 | 776,195 | 308,032 | 534,494 | 203,120 | 117,967 | 74,100 | 116,022 | 88,783 | 49,991 | 50,399 | 33,024 | 28,521 | 19,458 |
| Cash | 1,504,117 | 1,124,935 | 1,875,634 | 1,967,104 | 1,785,620 | 1,945,003 | 1,861,025 | 1,317,660 | 1,707,666 | 1,603,839 | 1,488,942 | 887,230 | 1,079,356 | 859,902 | 617,258 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,798,801 | 2,515,305 | 2,665,750 | 2,296,488 | 2,348,849 | 2,198,889 | 2,048,656 | 1,494,205 | 1,860,138 | 1,724,102 | 1,604,151 | 983,687 | 1,151,780 | 918,173 | 650,112 |
| total assets | 3,102,686 | 2,853,366 | 2,717,780 | 2,387,377 | 2,442,444 | 2,317,212 | 2,193,112 | 1,695,026 | 1,963,140 | 1,819,277 | 1,689,995 | 1,032,900 | 1,207,671 | 962,906 | 691,542 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 225,257 | 141,297 | 26,055 | 20,927 | 45,967 | 511,001 | 154,716 | 19,299 | 22,192 | 21,869 | 18,057 | 12,339 | 16,546 | 17,952 | 2,799 |
| Group/Directors Accounts | 239,115 | 90,993 | 70,080 | 202,812 | 35,834 | 56,067 | 75,435 | 88,903 | 171,320 | 126,020 | 116,646 | 60,559 | 29,957 | 26,525 | 36,114 |
| other short term finances | 0 | 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 | 0 |
| other current liabilities | 386,002 | 383,844 | 637,489 | 306,415 | 596,849 | 129,112 | 569,514 | 488,188 | 486,011 | 565,593 | 477,710 | 328,570 | 487,955 | 322,780 | 216,821 |
| total current liabilities | 850,374 | 616,134 | 733,624 | 530,154 | 678,650 | 696,180 | 799,665 | 596,390 | 679,523 | 713,482 | 612,413 | 401,468 | 534,458 | 367,257 | 255,734 |
| loans | 0 | 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 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 31,838 | 218,718 | 8,318 | 13,753 | 10,886 | 9,842 | 20,836 | 27,081 | 15,931 | 9,805 | 13,409 | 0 | 0 | 0 | 0 |
| total long term liabilities | 31,838 | 218,718 | 8,318 | 13,753 | 10,886 | 9,842 | 20,836 | 27,081 | 15,931 | 9,805 | 13,409 | 0 | 0 | 0 | 0 |
| total liabilities | 882,212 | 834,852 | 741,942 | 543,907 | 689,536 | 706,022 | 820,501 | 623,471 | 695,454 | 723,287 | 625,822 | 401,468 | 534,458 | 367,257 | 255,734 |
| net assets | 2,220,474 | 2,018,514 | 1,975,838 | 1,843,470 | 1,752,908 | 1,611,190 | 1,372,611 | 1,071,555 | 1,267,686 | 1,095,990 | 1,064,173 | 631,432 | 673,213 | 595,649 | 435,808 |
| total shareholders funds | 2,220,474 | 2,018,514 | 1,975,838 | 1,843,470 | 1,752,908 | 1,611,190 | 1,372,611 | 1,071,555 | 1,267,686 | 1,095,990 | 1,064,173 | 631,432 | 673,213 | 595,649 | 435,808 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 219,703 | 24,475 | 731,719 | 603,297 | 849,307 | 783,448 | 496,822 | 127,303 | 479,814 | 603,875 | 669,903 | 172,005 | 334,043 | 284,689 | 115,258 |
| Depreciation | 60,408 | 73,178 | 17,140 | 23,201 | 27,829 | 34,443 | 47,522 | 60,908 | 33,457 | 33,673 | 25,880 | 15,940 | 15,752 | 12,187 | 11,076 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 15,000 | 83,334 |
| Tax | -63,123 | 3,029 | -139,168 | -119,983 | -118,027 | -152,840 | -98,086 | -27,558 | 86,987 | -130,764 | -170,454 | -16,635 | -112,960 | -78,542 | -26,990 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -95,686 | 600,254 | 460,732 | -233,845 | 309,343 | 66,255 | 11,086 | 24,073 | 32,209 | 5,054 | 18,752 | 24,033 | 14,153 | 25,417 | 32,854 |
| Creditors | 83,960 | 115,242 | 5,128 | -25,040 | -465,034 | 356,285 | 135,417 | -2,893 | 323 | 3,812 | 5,718 | -4,207 | -1,406 | 15,153 | 2,799 |
| Accruals and Deferred Income | 2,158 | -253,645 | 331,074 | -290,434 | 467,737 | -440,402 | 81,326 | 2,177 | -79,582 | 87,883 | 149,140 | -159,385 | 165,175 | 105,959 | 216,821 |
| Deferred Taxes & Provisions | -186,880 | 210,400 | -5,435 | 2,867 | 1,044 | -10,994 | -6,245 | 11,150 | 6,126 | -3,604 | 13,409 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 211,912 | -427,575 | 479,726 | 427,753 | 453,513 | 503,685 | 645,670 | 147,014 | 494,916 | 589,821 | 674,844 | -16,315 | 386,451 | 329,029 | 369,444 |
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 7,928 | 105,298 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 148,122 | 20,913 | -132,732 | 166,978 | -20,233 | -19,368 | -13,468 | -82,417 | 45,300 | 9,374 | 56,087 | 30,602 | 3,432 | -9,589 | 36,114 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | 45,380 | 15,172 | 2,591 | 7,248 | 10,438 | 7,971 | 2,320 | 4,124 | 9,895 | 8,706 | 8,292 | 2,849 | 6,481 | 3,037 | |
| cash flow from financing | 193,502 | 36,085 | 207,085 | 174,226 | -9,795 | -11,397 | -11,148 | -78,293 | 55,195 | 18,080 | 739,379 | 33,451 | 9,913 | 483,654 | |
| cash and cash equivalents | |||||||||||||||
| cash | 379,182 | -750,699 | -91,470 | 181,484 | -159,383 | 83,978 | 543,365 | -390,006 | 103,827 | 114,897 | 601,712 | -192,126 | 219,454 | 242,644 | 617,258 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 379,182 | -750,699 | -91,470 | 181,484 | -159,383 | 83,978 | 543,365 | -390,006 | 103,827 | 114,897 | 601,712 | -192,126 | 219,454 | 242,644 | 617,258 |
lowes financial management limited Credit Report and Business Information
Lowes Financial Management Limited Competitor Analysis
Perform a competitor analysis for lowes financial management limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mid companies, companies in NE2 area or any other competitors across 12 key performance metrics.
lowes financial management limited Ownership
LOWES FINANCIAL MANAGEMENT LIMITED group structure
Lowes Financial Management Limited has no subsidiary companies.
Ultimate parent company
2 parents
LOWES FINANCIAL MANAGEMENT LIMITED
01115681
lowes financial management limited directors
Lowes Financial Management Limited currently has 2 directors. The longest serving directors include Mr Ian Lowes (Jan 2002) and Mr Barry Hopper (Apr 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ian Lowes | United Kingdom | 55 years | Jan 2002 | - | Director |
| Mr Barry Hopper | Wales | 56 years | Apr 2023 | - | Director |
P&L
December 2023turnover
7.8m
-5%
operating profit
219.7k
+798%
gross margin
54.9%
-7.68%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
2.2m
+0.1%
total assets
3.1m
+0.09%
cash
1.5m
+0.34%
net assets
Total assets minus all liabilities
lowes financial management limited company details
company number
01115681
Type
Private limited with Share Capital
industry
64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
incorporation date
May 1973
age
52
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
kenneth j. lowes (estate planning & investment services) limited (January 1984)
accountant
-
auditor
UNW LLP
address
fernwood house clayton road, newcastle upon tyne, jesmond, NE2 1TL
Bank
BARCLAYS BANK PLC
Legal Advisor
-
lowes financial management 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 2 charges/mortgages relating to lowes financial management limited. Currently there are 0 open charges and 2 have been satisfied in the past.
lowes financial management 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.
Click to start generating capital raising & share issue transactions for LOWES FINANCIAL MANAGEMENT LIMITED. This can take several minutes, an email will notify you when this has completed.
lowes financial management limited Companies House Filings - See Documents
| date | description | view/download |
|---|
