labpak limited
labpak limited Company Information
Company Number
01264218
Website
www.labpak.co.ukRegistered Address
centaur house torbay road, castle cary, somerset, BA7 7EU
Industry
Veterinary activities
Telephone
08450702498
Next Accounts Due
October 2024
Group Structure
View All
Shareholders
undisclosed 50%
centaur services ltd 50%
labpak limited Estimated Valuation
Pomanda estimates the enterprise value of LABPAK LIMITED at £524.4k based on a Turnover of £1.2m and 0.42x industry multiple (adjusted for size and gross margin).
labpak limited Estimated Valuation
Pomanda estimates the enterprise value of LABPAK LIMITED at £364.5k based on an EBITDA of £142.8k and a 2.55x industry multiple (adjusted for size and gross margin).
labpak limited Estimated Valuation
Pomanda estimates the enterprise value of LABPAK LIMITED at £3.1m based on Net Assets of £2m and 1.58x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Labpak Limited Overview
Labpak Limited is a dissolved company that was located in somerset, BA7 7EU with a Companies House number of 01264218. It operated in the veterinary activities sector, SIC Code 75000. Founded in June 1976, it's largest shareholder was undisclosed with a 50% stake. The last turnover for Labpak Limited was estimated at £1.2m.
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Labpak Limited Health Check
Pomanda's financial health check has awarded Labpak Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 6 areas for improvement. Company Health Check FAQs
5 Strong
0 Regular
6 Weak
Size
annual sales of £1.2m, make it larger than the average company (£1m)
£1.2m - Labpak Limited
£1m - Industry AVG
Growth
3 year (CAGR) sales growth of -25%, show it is growing at a slower rate (5.4%)
-25% - Labpak Limited
5.4% - Industry AVG
Production
with a gross margin of 32.4%, this company has a higher cost of product (77.3%)
32.4% - Labpak Limited
77.3% - Industry AVG
Profitability
an operating margin of 9.1% make it more profitable than the average company (7.4%)
9.1% - Labpak Limited
7.4% - Industry AVG
Employees
with 1 employees, this is below the industry average (16)
1 - Labpak Limited
16 - Industry AVG
Pay Structure
on an average salary of £48.3k, the company has a higher pay structure (£30.3k)
£48.3k - Labpak Limited
£30.3k - Industry AVG
Efficiency
resulting in sales per employee of £1.2m, this is more efficient (£60.8k)
£1.2m - Labpak Limited
£60.8k - Industry AVG
Debtor Days
it gets paid by customers after 48 days, this is later than average (17 days)
48 days - Labpak Limited
17 days - Industry AVG
Creditor Days
its suppliers are paid after 46 days, this is quicker than average (64 days)
46 days - Labpak Limited
64 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Labpak Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 72 weeks, this is more cash available to meet short term requirements (17 weeks)
72 weeks - Labpak Limited
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 11.5%, this is a lower level of debt than the average (61.3%)
11.5% - Labpak Limited
61.3% - Industry AVG
LABPAK LIMITED financials
Labpak Limited's latest turnover from September 2020 is £1.2 million and the company has net assets of £2 million. According to their latest financial statements, Labpak Limited has 1 employee and maintains cash reserves of £354.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,236,074 | 1,510,904 | 2,040,247 | 2,901,080 | 4,246,870 | 3,941,063 | 3,317,815 | 2,564,667 | 1,865,615 | 1,561,811 | 1,070,309 | 1,233,560 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 835,090 | 1,040,165 | 1,477,449 | 2,201,388 | 3,327,470 | 2,979,800 | 2,494,880 | 1,915,856 | 1,358,747 | 1,105,053 | 755,716 | 865,457 |
| Gross Profit | 400,984 | 470,739 | 562,798 | 699,692 | 919,400 | 961,263 | 822,935 | 648,811 | 506,868 | 456,758 | 314,593 | 368,103 |
| Admin Expenses | 288,729 | 287,298 | 366,869 | 458,598 | 666,566 | 615,955 | 561,397 | 639,031 | 435,736 | 411,264 | 210,211 | 265,522 |
| Operating Profit | 112,255 | 183,441 | 195,929 | 241,094 | 252,834 | 345,308 | 261,538 | 9,780 | 71,132 | 45,494 | 104,382 | 102,581 |
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 196 |
| Pre-Tax Profit | 112,255 | 183,441 | 195,929 | 241,094 | 252,834 | 345,308 | 261,538 | 9,780 | 71,132 | 45,494 | 104,382 | 102,777 |
| Tax | 39,603 | -76,576 | -42,402 | -548 | 10,301 | -3,660 | 1,304 | -8,620 | -6,829 | -2,957 | 736 | -33,499 |
| Profit After Tax | 151,858 | 106,865 | 153,527 | 240,546 | 263,135 | 341,648 | 262,842 | 1,160 | 64,303 | 42,537 | 105,118 | 69,278 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 200,000 | 0 | 0 |
| Retained Profit | 151,858 | 106,865 | 153,527 | 240,546 | 263,135 | 341,648 | 262,842 | 1,160 | 64,303 | -157,463 | 105,118 | 69,278 |
| Employee Costs | 48,348 | 72,580 | 78,810 | 102,702 | 168,214 | 141,247 | 152,206 | 176,875 | 147,313 | 137,864 | 73,171 | 95,893 |
| Number Of Employees | 1 | 2 | 2 | 2 | 7 | 6 | 6 | 7 | 6 | 6 | 4 | 5 |
| EBITDA* | 142,788 | 226,653 | 246,652 | 277,140 | 294,329 | 383,403 | 289,519 | 26,458 | 76,198 | 57,650 | 109,594 | 109,531 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 56,126 | 91,521 | 134,733 | 152,928 | 130,210 | 78,686 | 75,773 | 42,639 | 35,707 | 17,109 | 29,265 | 15,258 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 8,009 | 7,155 | 3,482 | 7,121 | 7,669 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 64,135 | 98,676 | 138,215 | 160,049 | 137,879 | 78,686 | 75,773 | 42,639 | 35,707 | 17,109 | 29,265 | 15,258 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 162,787 | 158,875 | 198,363 | 298,691 | 497,653 | 488,829 | 401,847 | 308,469 | 244,510 | 211,604 | 180,137 | 182,046 |
| Group Debtors | 1,618,154 | 1,457,428 | 1,032,193 | 669,561 | 244,461 | 0 | 0 | 0 | 0 | 2,392 | 7,200 | 7,516 |
| Misc Debtors | 7,469 | 1,466 | 7,037 | 29,130 | 17,198 | 20,598 | 28,421 | 41,393 | 44,570 | 11,506 | 2,448 | 780 |
| Cash | 354,318 | 273,645 | 408,656 | 466,995 | 481,387 | 746,313 | 469,598 | 479,388 | 195,939 | 289,150 | 473,417 | 376,563 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,142,728 | 1,891,414 | 1,646,249 | 1,464,377 | 1,240,699 | 1,255,740 | 899,866 | 829,250 | 485,019 | 514,652 | 663,202 | 566,905 |
| total assets | 2,206,863 | 1,990,090 | 1,784,464 | 1,624,426 | 1,378,578 | 1,334,426 | 975,639 | 871,889 | 520,726 | 531,761 | 692,467 | 582,163 |
| Bank overdraft | 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 |
| Trade Creditors | 106,011 | 47,694 | 14,843 | 10,383 | 5,400 | 22,595 | 14,136 | 13,251 | 15,847 | 12,981 | 15,174 | 13,349 |
| Group/Directors Accounts | 100,721 | 89,606 | 0 | 0 | 0 | 191,066 | 187,550 | 358,029 | 51,069 | 121,835 | 106,560 | 106,224 |
| other short term finances | 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 |
| other current liabilities | 45,995 | 50,512 | 74,208 | 72,157 | 71,838 | 82,560 | 77,396 | 66,894 | 21,255 | 28,693 | 45,018 | 41,993 |
| total current liabilities | 252,727 | 187,812 | 89,051 | 82,540 | 77,238 | 296,221 | 279,082 | 438,174 | 88,171 | 163,509 | 166,752 | 161,566 |
| loans | 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 |
| Accruals and Deferred Income | 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 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 252,727 | 187,812 | 89,051 | 82,540 | 77,238 | 296,221 | 279,082 | 438,174 | 88,171 | 163,509 | 166,752 | 161,566 |
| net assets | 1,954,136 | 1,802,278 | 1,695,413 | 1,541,886 | 1,301,340 | 1,038,205 | 696,557 | 433,715 | 432,555 | 368,252 | 525,715 | 420,597 |
| total shareholders funds | 1,954,136 | 1,802,278 | 1,695,413 | 1,541,886 | 1,301,340 | 1,038,205 | 696,557 | 433,715 | 432,555 | 368,252 | 525,715 | 420,597 |
| Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | 112,255 | 183,441 | 195,929 | 241,094 | 252,834 | 345,308 | 261,538 | 9,780 | 71,132 | 45,494 | 104,382 | 102,581 |
| Depreciation | 30,533 | 43,212 | 50,723 | 36,046 | 41,495 | 38,095 | 27,981 | 16,678 | 5,066 | 12,156 | 5,212 | 6,950 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 39,603 | -76,576 | -42,402 | -548 | 10,301 | -3,660 | 1,304 | -8,620 | -6,829 | -2,957 | 736 | -33,499 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 170,641 | 380,176 | 240,211 | 238,070 | 249,885 | 79,159 | 80,406 | 60,782 | 63,578 | 35,717 | -557 | 190,342 |
| Creditors | 58,317 | 32,851 | 4,460 | 4,983 | -17,195 | 8,459 | 885 | -2,596 | 2,866 | -2,193 | 1,825 | 13,349 |
| Accruals and Deferred Income | -4,517 | -23,696 | 2,051 | 319 | -10,722 | 5,164 | 10,502 | 45,639 | -7,438 | -16,325 | 3,025 | 41,993 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 65,550 | -220,944 | -29,450 | 43,824 | 26,828 | 314,207 | 221,804 | 99 | 1,219 | 458 | 115,737 | -58,968 |
| Investing Activities | ||||||||||||
| capital expenditure | ||||||||||||
| Change in Investments | 854 | 3,673 | -3,639 | -548 | 7,669 | 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 |
| Group/Directors Accounts | 11,115 | 89,606 | 0 | 0 | -191,066 | 3,516 | -170,479 | 306,960 | -70,766 | 15,275 | 336 | 106,224 |
| Other Short Term Loans | 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 |
| Hire Purchase and Lease Commitments | 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 |
| share issue | ||||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 196 |
| cash flow from financing | 11,115 | 89,606 | 0 | 0 | -191,066 | 3,516 | -170,479 | 306,960 | -70,766 | 15,275 | 336 | 457,739 |
| cash and cash equivalents | ||||||||||||
| cash | 80,673 | -135,011 | -58,339 | -14,392 | -264,926 | 276,715 | -9,790 | 283,449 | -93,211 | -184,267 | 96,854 | 376,563 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 80,673 | -135,011 | -58,339 | -14,392 | -264,926 | 276,715 | -9,790 | 283,449 | -93,211 | -184,267 | 96,854 | 376,563 |
labpak limited Credit Report and Business Information
Labpak Limited Competitor Analysis
Perform a competitor analysis for labpak limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other undefined companies, companies in BA7 area or any other competitors across 12 key performance metrics.
labpak limited Ownership
LABPAK LIMITED group structure
Labpak Limited has no subsidiary companies.
Ultimate parent company
AMERISOURCEBERGEN CORP
#0052843
2 parents
LABPAK LIMITED
01264218
labpak limited directors
Labpak Limited currently has 3 directors. The longest serving directors include Mr James Cleary Jr (Feb 2010) and Mr John Chou (Jan 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr James Cleary Jr | United States | 61 years | Feb 2010 | - | Director |
| Mr John Chou | United States | 68 years | Jan 2019 | - | Director |
| Mr David Tinsley | 47 years | Jul 2019 | - | Director |
P&L
September 2020turnover
1.2m
-18%
operating profit
112.3k
-39%
gross margin
32.5%
+4.12%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2020net assets
2m
+0.08%
total assets
2.2m
+0.11%
cash
354.3k
+0.29%
net assets
Total assets minus all liabilities
labpak limited company details
company number
01264218
Type
Private limited with Share Capital
industry
75000 - Veterinary activities
incorporation date
June 1976
age
48
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
September 2020
previous names
N/A
accountant
-
auditor
ERNST & YOUNG LLP
address
centaur house torbay road, castle cary, somerset, BA7 7EU
Bank
HSBC BANK PLC
Legal Advisor
OSBORNE CLARKE LLP
labpak 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 8 charges/mortgages relating to labpak limited. Currently there are 0 open charges and 8 have been satisfied in the past.
labpak limited Companies House Filings - See Documents
| date | description | view/download |
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