lorien resourcing limited
lorien resourcing limited Company Information
Company Number
01333388
Website
www.lorien.co.ukRegistered Address
first floor, mulberry house, parkland square, luton, LU1 3LU
Industry
Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.
Telephone
02076541000
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
lorien ltd 100%
lorien resourcing limited Estimated Valuation
Pomanda estimates the enterprise value of LORIEN RESOURCING LIMITED at £128.8m based on a Turnover of £566.7m and 0.23x industry multiple (adjusted for size and gross margin).
lorien resourcing limited Estimated Valuation
Pomanda estimates the enterprise value of LORIEN RESOURCING LIMITED at £39.2m based on an EBITDA of £8.8m and a 4.44x industry multiple (adjusted for size and gross margin).
lorien resourcing limited Estimated Valuation
Pomanda estimates the enterprise value of LORIEN RESOURCING LIMITED at £48.6m based on Net Assets of £30.9m and 1.58x industry multiple (adjusted for liquidity).
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Lorien Resourcing Limited Overview
Lorien Resourcing Limited is a live company located in luton, LU1 3LU with a Companies House number of 01333388. It operates in the other activities of employment placement agencies sector, SIC Code 78109. Founded in October 1977, it's largest shareholder is lorien ltd with a 100% stake. Lorien Resourcing Limited is a mature, mega sized company, Pomanda has estimated its turnover at £566.7m with low growth in recent years.
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Lorien Resourcing Limited Health Check
Pomanda's financial health check has awarded Lorien Resourcing Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
5 Weak
Size
annual sales of £566.7m, make it larger than the average company (£7.3m)
£566.7m - Lorien Resourcing Limited
£7.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 3%, show it is growing at a similar rate (3%)
3% - Lorien Resourcing Limited
3% - Industry AVG
Production
with a gross margin of 6.9%, this company has a higher cost of product (27.1%)
6.9% - Lorien Resourcing Limited
27.1% - Industry AVG
Profitability
an operating margin of 1.4% make it less profitable than the average company (4.9%)
1.4% - Lorien Resourcing Limited
4.9% - Industry AVG
Employees
with 349 employees, this is above the industry average (35)
349 - Lorien Resourcing Limited
35 - Industry AVG
Pay Structure
on an average salary of £67.7k, the company has a higher pay structure (£52.7k)
£67.7k - Lorien Resourcing Limited
£52.7k - Industry AVG
Efficiency
resulting in sales per employee of £1.6m, this is more efficient (£200.6k)
£1.6m - Lorien Resourcing Limited
£200.6k - Industry AVG
Debtor Days
it gets paid by customers after 24 days, this is earlier than average (50 days)
24 days - Lorien Resourcing Limited
50 days - Industry AVG
Creditor Days
its suppliers are paid after 41 days, this is slower than average (10 days)
41 days - Lorien Resourcing Limited
10 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Lorien Resourcing Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (12 weeks)
1 weeks - Lorien Resourcing Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 77.8%, this is a higher level of debt than the average (68.6%)
77.8% - Lorien Resourcing Limited
68.6% - Industry AVG
lorien resourcing limited Credit Report and Business Information
Lorien Resourcing Limited Competitor Analysis
Perform a competitor analysis for lorien resourcing limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
lorien resourcing limited Ownership
LORIEN RESOURCING LIMITED group structure
Lorien Resourcing Limited has no subsidiary companies.
Ultimate parent company
2 parents
LORIEN RESOURCING LIMITED
01333388
lorien resourcing limited directors
Lorien Resourcing Limited currently has 2 directors. The longest serving directors include Mrs Julia Robertson (Nov 2014) and Mr Timothy Briant (Feb 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Julia Robertson | United Kingdom | 65 years | Nov 2014 | - | Director |
| Mr Timothy Briant | United Kingdom | 54 years | Feb 2020 | - | Director |
LORIEN RESOURCING LIMITED financials
Lorien Resourcing Limited's latest turnover from December 2022 is £566.7 million and the company has net assets of £30.9 million. According to their latest financial statements, Lorien Resourcing Limited has 349 employees and maintains cash reserves of £2.6 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Jan 2021 | Jan 2020 | Jan 2019 | Dec 2017 | Dec 2016 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 566,722,000 | 375,560,000 | 367,869,000 | 487,362,000 | 525,947,000 | 469,550,000 | 488,962,000 | 422,530,000 | 304,605,000 | 295,803,000 | 214,684,000 | 203,059,000 | 203,505,000 | 165,322,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 527,591,000 | 348,651,000 | 349,192,000 | 459,718,000 | 496,177,000 | 442,310,000 | 459,593,000 | 395,267,000 | 282,847,000 | 275,119,000 | 196,326,000 | 186,931,000 | 187,782,000 | 153,690,000 |
| Gross Profit | 39,131,000 | 26,909,000 | 18,677,000 | 27,644,000 | 29,770,000 | 27,240,000 | 29,369,000 | 27,263,000 | 21,758,000 | 20,684,000 | 18,358,000 | 16,128,000 | 15,723,000 | 11,632,000 |
| Admin Expenses | 31,385,000 | 20,987,000 | 14,884,000 | 19,229,000 | 19,587,000 | 17,489,000 | 17,188,000 | 18,227,000 | 14,876,000 | 15,275,000 | 13,890,000 | 12,467,000 | 11,752,000 | 9,430,000 |
| Operating Profit | 7,746,000 | 5,922,000 | 3,793,000 | 8,415,000 | 10,183,000 | 9,751,000 | 12,181,000 | 9,036,000 | 6,882,000 | 5,409,000 | 4,468,000 | 3,661,000 | 3,971,000 | 2,202,000 |
| Interest Payable | 30,000 | 42,000 | 89,000 | 98,000 | 177,000 | 136,000 | 139,000 | 532,000 | 778,000 | 630,000 | 431,000 | 632,000 | 692,000 | 494,000 |
| Interest Receivable | 1,000 | 1,000 | 1,000 | 2,000 | 4,000 | 0 | 0 | 0 | 1,000 | 1,000 | 0 | 0 | 0 | 1,000 |
| Pre-Tax Profit | 7,717,000 | 5,881,000 | 3,705,000 | 8,319,000 | 10,010,000 | 9,615,000 | 12,042,000 | 8,504,000 | 6,105,000 | 4,780,000 | 4,037,000 | 3,029,000 | 3,279,000 | 1,709,000 |
| Tax | -1,591,000 | -1,145,000 | -743,000 | -1,674,000 | -2,209,000 | -1,785,000 | -2,161,000 | -1,771,000 | -1,359,000 | -1,150,000 | -968,000 | -884,000 | -1,051,000 | -369,000 |
| Profit After Tax | 6,126,000 | 4,736,000 | 2,962,000 | 6,645,000 | 7,801,000 | 7,830,000 | 9,881,000 | 6,733,000 | 4,746,000 | 3,630,000 | 3,069,000 | 2,145,000 | 2,228,000 | 1,340,000 |
| Dividends Paid | 0 | 0 | 0 | 10,125,000 | 22,500,000 | 0 | 0 | 0 | 0 | 2,500,000 | 2,600,000 | 2,000,000 | 1,200,000 | 600,000 |
| Retained Profit | 6,126,000 | 4,736,000 | 2,962,000 | -3,480,000 | -14,699,000 | 7,830,000 | 9,881,000 | 6,733,000 | 4,746,000 | 1,130,000 | 469,000 | 145,000 | 1,028,000 | 740,000 |
| Employee Costs | 23,613,000 | 15,575,000 | 11,088,000 | 14,171,000 | 15,383,000 | 13,496,000 | 13,306,000 | 12,305,000 | 10,816,000 | 10,398,000 | 8,982,000 | 8,347,000 | 7,783,000 | 6,027,000 |
| Number Of Employees | 349 | 239 | 198 | 238 | 241 | 227 | 222 | 211 | 197 | 181 | 175 | 165 | 155 | 149 |
| EBITDA* | 8,836,000 | 6,890,000 | 4,755,000 | 9,335,000 | 10,330,000 | 9,839,000 | 12,272,000 | 9,117,000 | 6,963,000 | 5,549,000 | 4,805,000 | 4,048,000 | 4,336,000 | 2,546,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Jan 2021 | Jan 2020 | Jan 2019 | Dec 2017 | Dec 2016 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,743,000 | 1,549,000 | 2,324,000 | 2,951,000 | 495,000 | 214,000 | 183,000 | 177,000 | 203,000 | 186,000 | 226,000 | 466,000 | 731,000 | 964,000 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 246,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 34,788,000 | 21,748,000 | 0 | 0 | 0 | 0 | 0 | 91,000 | 0 | 0 | 145,000 | 171,000 | 326,000 |
| Total Fixed Assets | 1,743,000 | 36,337,000 | 24,072,000 | 2,951,000 | 495,000 | 214,000 | 183,000 | 423,000 | 294,000 | 186,000 | 226,000 | 611,000 | 902,000 | 1,290,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 38,189,000 | 28,275,000 | 35,465,000 | 45,324,000 | 58,627,000 | 69,855,000 | 74,803,000 | 76,653,000 | 51,746,000 | 44,695,000 | 29,867,000 | 28,704,000 | 38,853,000 | 29,699,000 |
| Group Debtors | 61,310,000 | 985,000 | 357,000 | 17,814,000 | 7,220,000 | 32,825,000 | 17,562,000 | 16,604,000 | 16,892,000 | 14,841,000 | 16,405,000 | 15,755,000 | 14,851,000 | 14,027,000 |
| Misc Debtors | 35,333,000 | 15,251,000 | 6,257,000 | 7,792,000 | 14,524,000 | 372,000 | 431,000 | 391,000 | 494,000 | 595,000 | 602,000 | 563,000 | 470,000 | 421,000 |
| Cash | 2,628,000 | 3,800,000 | 7,031,000 | 9,404,000 | 1,306,000 | 7,107,000 | 3,222,000 | 2,893,000 | 215,000 | 4,592,000 | 3,846,000 | 2,818,000 | 1,759,000 | 2,521,000 |
| misc current assets | 26,000 | 0 | 0 | 0 | 62,000 | 248,000 | 231,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 137,486,000 | 48,311,000 | 49,110,000 | 80,334,000 | 81,739,000 | 110,407,000 | 96,249,000 | 96,541,000 | 69,347,000 | 64,723,000 | 50,720,000 | 47,840,000 | 55,933,000 | 46,668,000 |
| total assets | 139,229,000 | 84,648,000 | 73,182,000 | 83,285,000 | 82,234,000 | 110,621,000 | 96,432,000 | 96,964,000 | 69,641,000 | 64,909,000 | 50,946,000 | 48,451,000 | 56,835,000 | 47,958,000 |
| Bank overdraft | 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 |
| Trade Creditors | 59,883,000 | 25,501,000 | 19,802,000 | 20,649,000 | 23,853,000 | 22,910,000 | 41,125,000 | 46,045,000 | 30,097,000 | 32,313,000 | 19,711,000 | 19,820,000 | 23,293,000 | 18,351,000 |
| Group/Directors Accounts | 22,170,000 | 18,277,000 | 18,515,000 | 19,418,000 | 8,020,000 | 16,884,000 | 18,057,000 | 25,833,000 | 38,000 | 0 | 0 | 0 | 0 | 454,000 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 23,259,000 | 20,835,000 | 20,300,000 | 20,275,000 | 24,802,000 | 21,729,000 |
| hp & lease commitments | 473,000 | 598,000 | 715,000 | 716,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 24,857,000 | 14,818,000 | 12,844,000 | 23,800,000 | 29,642,000 | 35,159,000 | 9,279,000 | 7,022,000 | 4,965,000 | 5,270,000 | 4,368,000 | 3,610,000 | 4,239,000 | 3,830,000 |
| total current liabilities | 107,383,000 | 59,194,000 | 51,876,000 | 64,583,000 | 61,515,000 | 74,953,000 | 68,461,000 | 78,900,000 | 58,359,000 | 58,418,000 | 44,379,000 | 43,705,000 | 52,334,000 | 44,364,000 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,268,000 | 0 | 0 | 0 |
| hp & lease commitments | 587,000 | 371,000 | 968,000 | 1,348,000 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 377,000 | 327,000 | 318,000 | 296,000 | 181,000 | 431,000 | 564,000 | 538,000 | 489,000 | 444,000 | 382,000 | 298,000 | 198,000 | 319,000 |
| total long term liabilities | 964,000 | 698,000 | 1,286,000 | 1,644,000 | 181,000 | 431,000 | 564,000 | 538,000 | 489,000 | 444,000 | 1,650,000 | 298,000 | 198,000 | 319,000 |
| total liabilities | 108,347,000 | 59,892,000 | 53,162,000 | 66,227,000 | 61,696,000 | 75,384,000 | 69,025,000 | 79,438,000 | 58,848,000 | 58,862,000 | 46,029,000 | 44,003,000 | 52,532,000 | 44,683,000 |
| net assets | 30,882,000 | 24,756,000 | 20,020,000 | 17,058,000 | 20,538,000 | 35,237,000 | 27,407,000 | 17,526,000 | 10,793,000 | 6,047,000 | 4,917,000 | 4,448,000 | 4,303,000 | 3,275,000 |
| total shareholders funds | 30,882,000 | 24,756,000 | 20,020,000 | 17,058,000 | 20,538,000 | 35,237,000 | 27,407,000 | 17,526,000 | 10,793,000 | 6,047,000 | 4,917,000 | 4,448,000 | 4,303,000 | 3,275,000 |
| Dec 2022 | Dec 2021 | Jan 2021 | Jan 2020 | Jan 2019 | Dec 2017 | Dec 2016 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 7,746,000 | 5,922,000 | 3,793,000 | 8,415,000 | 10,183,000 | 9,751,000 | 12,181,000 | 9,036,000 | 6,882,000 | 5,409,000 | 4,468,000 | 3,661,000 | 3,971,000 | 2,202,000 |
| Depreciation | 1,090,000 | 968,000 | 962,000 | 920,000 | 147,000 | 88,000 | 91,000 | 81,000 | 81,000 | 140,000 | 337,000 | 387,000 | 365,000 | 344,000 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -1,591,000 | -1,145,000 | -743,000 | -1,674,000 | -2,209,000 | -1,785,000 | -2,161,000 | -1,771,000 | -1,359,000 | -1,150,000 | -968,000 | -884,000 | -1,051,000 | -369,000 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 55,533,000 | 8,369,000 | -7,103,000 | -9,441,000 | 80,371,000 | 10,256,000 | 23,573,000 | 24,425,000 | 9,092,000 | 13,257,000 | 1,707,000 | -9,178,000 | 9,872,000 | 44,473,000 |
| Creditors | 34,382,000 | 4,852,000 | -847,000 | -3,204,000 | 23,853,000 | -18,215,000 | 11,028,000 | 15,948,000 | -2,216,000 | 12,602,000 | -109,000 | -3,473,000 | 4,942,000 | 18,351,000 |
| Accruals and Deferred Income | 10,039,000 | -8,982,000 | -10,956,000 | -5,842,000 | 29,642,000 | 25,880,000 | 4,314,000 | 2,057,000 | -305,000 | 902,000 | 758,000 | -629,000 | 409,000 | 3,830,000 |
| Deferred Taxes & Provisions | 50,000 | 31,000 | 22,000 | 115,000 | 181,000 | -133,000 | 75,000 | 49,000 | 45,000 | 62,000 | 84,000 | 100,000 | -121,000 | 319,000 |
| Cash flow from operations | -3,817,000 | -6,723,000 | -666,000 | 8,171,000 | -18,574,000 | 5,330,000 | 1,955,000 | 975,000 | -5,964,000 | 4,708,000 | 2,863,000 | 8,340,000 | -1,357,000 | -19,796,000 |
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 246,000 | 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 |
| Group/Directors Accounts | 3,893,000 | -1,141,000 | -903,000 | 11,398,000 | 8,020,000 | -1,173,000 | 18,019,000 | 25,795,000 | 38,000 | 0 | 0 | 0 | -454,000 | 454,000 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | -23,259,000 | -23,259,000 | 2,424,000 | 535,000 | 25,000 | -4,527,000 | 3,073,000 | 21,729,000 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,268,000 | 1,268,000 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 91,000 | -1,095,000 | -381,000 | 2,064,000 | 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 |
| share issue | ||||||||||||||
| interest | -29,000 | -41,000 | -88,000 | -96,000 | -173,000 | -136,000 | -139,000 | -532,000 | -777,000 | -629,000 | -431,000 | -632,000 | -692,000 | -493,000 |
| cash flow from financing | 3,955,000 | 685,000 | -1,372,000 | 13,366,000 | 43,084,000 | -1,309,000 | 1,354,000 | 2,004,000 | 1,685,000 | -1,362,000 | 862,000 | -5,159,000 | 1,927,000 | 24,225,000 |
| cash and cash equivalents | ||||||||||||||
| cash | -1,172,000 | -5,604,000 | -2,373,000 | 8,098,000 | 1,306,000 | 3,885,000 | 3,007,000 | 2,678,000 | -4,377,000 | 746,000 | 1,028,000 | 1,059,000 | -762,000 | 2,521,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -1,172,000 | -5,604,000 | -2,373,000 | 8,098,000 | 1,306,000 | 3,885,000 | 3,007,000 | 2,678,000 | -4,377,000 | 746,000 | 1,028,000 | 1,059,000 | -762,000 | 2,521,000 |
P&L
December 2022turnover
566.7m
+51%
operating profit
7.7m
+31%
gross margin
7%
-3.63%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
30.9m
+0.25%
total assets
139.2m
+0.64%
cash
2.6m
-0.31%
net assets
Total assets minus all liabilities
lorien resourcing limited company details
company number
01333388
Type
Private limited with Share Capital
industry
78109 - Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.
incorporation date
October 1977
age
47
accounts
Full Accounts
ultimate parent company
previous names
lorien holdings limited (March 2009)
lorien group plc (March 1995)
incorporated
UK
address
first floor, mulberry house, parkland square, luton, LU1 3LU
last accounts submitted
December 2022
lorien resourcing 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 17 charges/mortgages relating to lorien resourcing limited. Currently there are 0 open charges and 17 have been satisfied in the past.
lorien resourcing limited Companies House Filings - See Documents
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