lichfield machine tools 1990 limited
lichfield machine tools 1990 limited Company Information
Company Number
01217291
Next Accounts
Feb 2026
Shareholders
craig wilkins
ian gower & craig wilkins & karl bourne
View AllGroup Structure
View All
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
+1Registered Address
london road bassetts pole, sutton coldfield, west midlands, B75 5SA
Website
-lichfield machine tools 1990 limited Estimated Valuation
Pomanda estimates the enterprise value of LICHFIELD MACHINE TOOLS 1990 LIMITED at £155.2k based on a Turnover of £77.6k and 2x industry multiple (adjusted for size and gross margin).
lichfield machine tools 1990 limited Estimated Valuation
Pomanda estimates the enterprise value of LICHFIELD MACHINE TOOLS 1990 LIMITED at £55.1k based on an EBITDA of £11.4k and a 4.82x industry multiple (adjusted for size and gross margin).
lichfield machine tools 1990 limited Estimated Valuation
Pomanda estimates the enterprise value of LICHFIELD MACHINE TOOLS 1990 LIMITED at £14.8m based on Net Assets of £7.1m and 2.07x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Lichfield Machine Tools 1990 Limited Overview
Lichfield Machine Tools 1990 Limited is a live company located in west midlands, B75 5SA with a Companies House number of 01217291. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in June 1975, it's largest shareholder is craig wilkins with a 64.3% stake. Lichfield Machine Tools 1990 Limited is a mature, micro sized company, Pomanda has estimated its turnover at £77.6k with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Lichfield Machine Tools 1990 Limited Health Check
Pomanda's financial health check has awarded Lichfield Machine Tools 1990 Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
5 Weak
Size
annual sales of £77.6k, make it smaller than the average company (£5.8m)
- Lichfield Machine Tools 1990 Limited
£5.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -17%, show it is growing at a slower rate (7.1%)
- Lichfield Machine Tools 1990 Limited
7.1% - Industry AVG
Production
with a gross margin of 60.7%, this company has a comparable cost of product (60.7%)
- Lichfield Machine Tools 1990 Limited
60.7% - Industry AVG
Profitability
an operating margin of -90.1% make it less profitable than the average company (20.8%)
- Lichfield Machine Tools 1990 Limited
20.8% - Industry AVG
Employees
with 1 employees, this is below the industry average (33)
- Lichfield Machine Tools 1990 Limited
33 - Industry AVG
Pay Structure
on an average salary of £40.6k, the company has an equivalent pay structure (£40.6k)
- Lichfield Machine Tools 1990 Limited
£40.6k - Industry AVG
Efficiency
resulting in sales per employee of £77.6k, this is less efficient (£213k)
- Lichfield Machine Tools 1990 Limited
£213k - Industry AVG
Debtor Days
it gets paid by customers after 45 days, this is near the average (41 days)
- Lichfield Machine Tools 1990 Limited
41 days - Industry AVG
Creditor Days
its suppliers are paid after 227 days, this is slower than average (45 days)
- Lichfield Machine Tools 1990 Limited
45 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Lichfield Machine Tools 1990 Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 13 weeks, this is more cash available to meet short term requirements (8 weeks)
13 weeks - Lichfield Machine Tools 1990 Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 7.2%, this is a lower level of debt than the average (66.1%)
7.2% - Lichfield Machine Tools 1990 Limited
66.1% - Industry AVG
LICHFIELD MACHINE TOOLS 1990 LIMITED financials
Lichfield Machine Tools 1990 Limited's latest turnover from May 2024 is estimated at £77.6 thousand and the company has net assets of £7.1 million. According to their latest financial statements, we estimate that Lichfield Machine Tools 1990 Limited has 1 employee and maintains cash reserves of £24 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 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 | 1 | 2 | 2 | 2 | |||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,058,991 | 2,123,754 | 2,201,272 | 2,282,349 | 2,363,425 | 2,444,502 | 2,512,194 | 2,589,546 | 2,646,237 | 1,273,906 | 1,305,963 | 1,329,748 | 1,352,926 | 1,430,505 | 1,578,081 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 5,317,212 | 4,026,414 | 4,026,414 | 4,026,414 | 4,026,414 | 4,628,843 | 4,601,849 | 4,482,884 | 4,482,884 | 4,071,559 | 4,071,557 | 4,071,557 | 4,071,557 | 4,071,657 | 3,925,230 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10,000 | 12,500 | 15,000 | 17,500 | 20,000 | 22,500 | 25,000 | 27,500 |
| Total Fixed Assets | 7,376,203 | 6,150,168 | 6,227,686 | 6,308,763 | 6,389,839 | 7,073,345 | 7,114,043 | 7,082,430 | 7,141,621 | 5,360,465 | 5,395,020 | 5,421,305 | 5,446,983 | 5,527,162 | 5,530,811 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 9,683 | 27,261 | 17,160 | 25,851 | 24,135 | 14,870 | 13,472 | 18,310 | 385,874 | 48,831 | 24,803 | 24,568 | 75,069 | 98,833 | 575,256 |
| Group Debtors | 0 | 0 | 0 | 1,658 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 273,930 | 188,049 | 156,105 | 143,719 | 52,047 | 227 | 227 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 24,042 | 23,709 | 1,000 | 1,000 | 1,000 | 1,001 | 1,001 | 1,000 | 1,000 | 3,089 | 1,000 | 1,001 | 1,001 | 1,001 | 3,016 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 1,345 | 1,375 | 1,378 | 710 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 307,655 | 239,019 | 174,265 | 172,228 | 77,182 | 17,443 | 16,075 | 20,688 | 387,584 | 51,920 | 25,803 | 25,569 | 76,070 | 99,834 | 578,272 |
| total assets | 7,683,858 | 6,389,187 | 6,401,951 | 6,480,991 | 6,467,021 | 7,090,788 | 7,130,118 | 7,103,118 | 7,529,205 | 5,412,385 | 5,420,823 | 5,446,874 | 5,523,053 | 5,626,996 | 6,109,083 |
| 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 | 19,031 | 44,804 | 114 | 26 | 36 | 355 | 26 | 665,303 | 1,070,004 | 838,048 | 986,549 | 1,150,039 | 1,461,324 | 1,820,381 | 2,544,515 |
| Group/Directors Accounts | 0 | 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 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 73,298 | 52,573 | 33,306 | 68,110 | 61,490 | 548,589 | 592,427 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 92,329 | 97,377 | 33,420 | 68,136 | 61,526 | 548,944 | 592,453 | 665,303 | 1,070,004 | 838,048 | 986,549 | 1,150,039 | 1,461,324 | 1,820,381 | 2,544,515 |
| 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 | 458,756 | 259,855 | 259,855 | 259,855 | 259,855 | 298,064 | 657,400 | 229,900 | 96,000 | 90,000 | 97,000 | 112,000 | 120,000 | 127,000 | 162,800 |
| total long term liabilities | 458,756 | 259,855 | 259,855 | 259,855 | 259,855 | 298,064 | 657,400 | 229,900 | 96,000 | 90,000 | 97,000 | 112,000 | 120,000 | 127,000 | 162,800 |
| total liabilities | 551,085 | 357,232 | 293,275 | 327,991 | 321,381 | 847,008 | 1,249,853 | 895,203 | 1,166,004 | 928,048 | 1,083,549 | 1,262,039 | 1,581,324 | 1,947,381 | 2,707,315 |
| net assets | 7,132,773 | 6,031,955 | 6,108,676 | 6,153,000 | 6,145,640 | 6,243,780 | 5,880,265 | 6,207,915 | 6,363,201 | 4,484,337 | 4,337,274 | 4,184,835 | 3,941,729 | 3,679,615 | 3,401,768 |
| total shareholders funds | 7,132,773 | 6,031,955 | 6,108,676 | 6,153,000 | 6,145,640 | 6,243,780 | 5,880,265 | 6,207,915 | 6,363,201 | 4,484,337 | 4,337,274 | 4,184,835 | 3,941,729 | 3,679,615 | 3,401,768 |
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 81,374 | 77,518 | 81,077 | 81,076 | 81,077 | 8,192 | 77,817 | 77,771 | 11,246 | 32,059 | 32,059 | 31,724 | 126,129 | 122,576 | 238,352 |
| Amortisation | 0 | 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 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 68,303 | 42,045 | 2,037 | 95,046 | 61,085 | 1,398 | -14,611 | -370,064 | 334,543 | 21,528 | -2,265 | -53,001 | -26,264 | -478,923 | 602,756 |
| Creditors | -25,773 | 44,690 | 88 | -10 | -319 | 329 | -665,277 | -404,701 | 231,956 | -148,501 | -163,490 | -311,285 | -359,057 | -724,134 | 2,544,515 |
| Accruals and Deferred Income | 20,725 | 19,267 | -34,804 | 6,620 | -487,099 | -43,838 | 592,427 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 198,901 | 0 | 0 | 0 | -38,209 | -359,336 | 427,500 | 133,900 | 6,000 | -7,000 | -15,000 | -8,000 | -7,000 | -35,800 | 162,800 |
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 1,290,798 | 0 | 0 | 0 | -602,429 | 26,994 | 118,965 | 0 | 411,325 | 2 | 0 | 0 | -100 | 146,427 | 3,925,230 |
| 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 | 0 | 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 | 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 | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 333 | 22,709 | 0 | 0 | -1 | 0 | 1 | 0 | -2,089 | 2,089 | -1 | 0 | 0 | -2,015 | 3,016 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 333 | 22,709 | 0 | 0 | -1 | 0 | 1 | 0 | -2,089 | 2,089 | -1 | 0 | 0 | -2,015 | 3,016 |
lichfield machine tools 1990 limited Credit Report and Business Information
Lichfield Machine Tools 1990 Limited Competitor Analysis
Perform a competitor analysis for lichfield machine tools 1990 limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in B75 area or any other competitors across 12 key performance metrics.
lichfield machine tools 1990 limited Ownership
LICHFIELD MACHINE TOOLS 1990 LIMITED group structure
Lichfield Machine Tools 1990 Limited has 2 subsidiary companies.
Ultimate parent company
LICHFIELD MACHINE TOOLS 1990 LIMITED
01217291
2 subsidiaries
lichfield machine tools 1990 limited directors
Lichfield Machine Tools 1990 Limited currently has 2 directors. The longest serving directors include Mrs Sian Wilkins (Oct 1991) and Mr Craig Wilkins (Oct 1991).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Sian Wilkins | United Kingdom | 77 years | Oct 1991 | - | Director |
| Mr Craig Wilkins | 53 years | Oct 1991 | - | Director |
P&L
May 2024turnover
77.6k
-60%
operating profit
-69.9k
0%
gross margin
60.7%
+2.08%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2024net assets
7.1m
+0.18%
total assets
7.7m
+0.2%
cash
24k
+0.01%
net assets
Total assets minus all liabilities
lichfield machine tools 1990 limited company details
company number
01217291
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
77390 - Renting and leasing of other machinery, equipment and tangible goods n.e.c.
incorporation date
June 1975
age
50
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
May 2024
previous names
lichfield machine tools limited (June 1990)
accountant
CROMBIES ACCOUNTANTS LIMITED
auditor
-
address
london road bassetts pole, sutton coldfield, west midlands, B75 5SA
Bank
LLOYDS TSB BANK PLC
Legal Advisor
-
lichfield machine tools 1990 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 4 charges/mortgages relating to lichfield machine tools 1990 limited. Currently there are 4 open charges and 0 have been satisfied in the past.
lichfield machine tools 1990 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 LICHFIELD MACHINE TOOLS 1990 LIMITED. This can take several minutes, an email will notify you when this has completed.
lichfield machine tools 1990 limited Companies House Filings - See Documents
| date | description | view/download |
|---|
