Lbg Medical Ltd

POWER SEARCH PRICING

SOLUTIONS

lbg medical ltd Company Information

Live

MatureSmallHealthy

Company Number

01498237

Website

www.lbgmedical.com

Registered Address

emerald place emerald way, stone business park, stone, staffordshire, ST15 0SR

Industry

Manufacture of medical and dental instruments and supplies

Telephone

08456780182

Next Accounts Due

September 2024

Group Structure

View All

Directors

Andrew Barnes10 Years

Samuel Wright6 Years

View All

Shareholders

hampstead limited 96%

andrew barnes 2%

View All

lbg medical ltd Estimated Valuation

£4.1m

Pomanda estimates the enterprise value of LBG MEDICAL LTD at £4.1m based on a Turnover of £4.1m and 1.02x industry multiple (adjusted for size and gross margin).

Edit your figures and get a professional valuation report.

Lbg Medical Ltd is a live company located in stone, ST15 0SR with a Companies House number of 01498237. It operates in the manufacture of medical and dental instruments and supplies sector, SIC Code 32500. Founded in May 1980, it's largest shareholder is hampstead limited with a 96% stake. Lbg Medical Ltd is a mature, small sized company, Pomanda has estimated its turnover at £4.1m with healthy growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Lbg Medical Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs

Health Rating2out of 5

2 Strong

4 Regular

6 Weak

Size

annual sales of £4.1m, make it smaller than the average company (£14.7m)

Growth

3 year (CAGR) sales growth of 6%, show it is growing at a faster rate (4.2%)

EXPORT

Lbg Medical Ltd's latest turnover from December 2022 is estimated at £4.1 million and the company has net assets of £901 thousand. According to their latest financial statements, Lbg Medical Ltd has 44 employees and maintains cash reserves of £48.1 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	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	4,086,577	3,686,497	3,580,757	3,458,466	3,281,070	3,605,044	3,143,555	2,955,216	4,143,031	4,015,433	4,161,117	3,442,729	5,306,175	1,709,193
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	2,551,573	2,301,587	2,190,328	2,067,021	1,993,761	2,171,148	1,831,193	1,689,972	2,408,872	2,393,821	2,468,632	2,025,910	3,110,142	0
Gross Profit	1,535,004	1,384,910	1,390,429	1,391,445	1,287,309	1,433,895	1,312,361	1,265,244	1,734,159	1,621,612	1,692,486	1,416,819	2,196,033	0
Admin Expenses	1,653,392	1,474,378	1,497,289	1,380,632	1,094,329	1,175,947	1,237,990	1,319,015	629,245	1,267,580	1,685,747	2,070,470	2,220,192	-178,452
Operating Profit	-118,388	-89,468	-106,860	10,813	192,980	257,948	74,371	-53,771	1,104,914	354,032	6,739	-653,651	-24,159	178,452
Interest Payable	0	0	2,411	5,752	6,571	7,096	7,537	4,099	0	0	1,956	1,956	349	349
Interest Receivable	6,432	514	90	729	654	321	178	542	441	181	79	80	80	0
Pre-Tax Profit	-111,956	-88,954	-109,182	5,790	187,063	251,173	67,013	-57,328	1,105,356	354,213	4,862	-655,528	-24,429	178,103
Tax	0	0	0	-1,100	-35,542	-47,723	-13,402	0	-232,125	-81,469	-1,167	0	0	-49,869
Profit After Tax	-111,956	-88,954	-109,182	4,690	151,521	203,450	53,610	-57,328	873,231	272,744	3,695	-655,528	-24,429	128,234
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	-111,956	-88,954	-109,182	4,690	151,521	203,450	53,610	-57,328	873,231	272,744	3,695	-655,528	-24,429	128,234
Employee Costs	1,990,762	1,936,915	2,040,909	1,990,786	1,961,429	2,074,989	1,881,422	1,666,378	1,186,427	1,152,432	1,153,738	964,858	1,588,442	0
Number Of Employees	44	44	46	46	47	51	47	42	31	31	32	27	45	0
EBITDA*	-65,051	-34,300	-48,755	49,966	231,236	308,801	149,623	25,313	1,194,847	447,306	82,090	-555,634	16,144	197,957

* Earnings Before Interest, Tax, Depreciation and Amortisation

	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	229,497	275,293	310,531	272,655	292,613	318,247	347,319	363,144	369,240	416,829	473,584	550,636	237,986	249,939
Intangible Assets	16,460	24,001	23,350	18,904	5,823	8,985	22,333	47,888	84,277	204,921	241,088	220,321	914,629	850,507
Investments & Other	0	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
Total Fixed Assets	245,957	299,294	333,881	291,559	298,436	327,232	369,652	411,032	453,517	621,750	714,672	770,957	1,152,615	1,100,446
Stock & work in progress	456,050	372,302	395,552	397,720	396,101	347,303	368,271	310,179	335,779	340,005	407,016	325,573	249,675	238,137
Trade Debtors	477,946	418,074	440,920	422,914	358,224	424,233	417,607	378,582	801,680	652,075	623,757	531,374	849,666	670,923
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	1,382,801	1,382,801	1,260,649	1,258,417	1,304,453	1,235,434	866,247	636,292	0	0	0	0	0	0
Cash	48,114	319,442	91,720	87,581	106,869	67,442	61,155	81,194	135,652	40,831	31,553	0	31,865	0
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	2,364,911	2,492,619	2,188,841	2,166,632	2,165,647	2,074,412	1,713,280	1,406,247	1,273,111	1,032,911	1,062,326	856,947	1,131,206	909,060
total assets	2,610,868	2,791,913	2,522,722	2,458,191	2,464,083	2,401,644	2,082,932	1,817,279	1,726,628	1,654,661	1,776,998	1,627,904	2,283,821	2,009,506
Bank overdraft	0	0	0	13,154	12,404	12,004	11,904	10,904	0	0	0	60,197	0	10,751
Bank loan	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	245,451	214,697	215,430	227,798	264,505	387,933	223,193	190,773	730,358	919,916	1,071,550	957,050	1,433,980	1,155,241
Group/Directors Accounts	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
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other current liabilities	1,090,103	1,134,858	1,160,208	915,592	877,063	830,440	867,704	679,517	0	0	0	71,625	30,756	0
total current liabilities	1,335,554	1,349,555	1,375,638	1,156,544	1,153,972	1,230,377	1,102,801	881,194	730,358	919,916	1,071,550	1,088,872	1,464,736	1,165,992
loans	0	0	0	65,906	78,975	91,302	103,140	115,220	0	0	0	0	0	0
hp & lease commitments	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
other liabilities	333,343	388,431	0	0	0	0	0	0	126,215	142,086	167,258	0	0	21,415
provisions	40,951	40,951	45,154	34,918	35,003	35,353	35,829	33,313	25,175	21,000	16,878	21,415	21,415	0
total long term liabilities	374,294	429,382	45,154	100,824	113,978	126,655	138,969	148,533	151,390	163,086	184,136	21,415	21,415	21,415
total liabilities	1,709,848	1,778,937	1,420,792	1,257,368	1,267,950	1,357,032	1,241,770	1,029,727	881,748	1,083,002	1,255,686	1,110,287	1,486,151	1,187,407
net assets	901,020	1,012,976	1,101,930	1,200,823	1,196,133	1,044,612	841,162	787,552	844,880	571,659	521,312	517,617	797,670	822,099
total shareholders funds	901,020	1,012,976	1,101,930	1,200,823	1,196,133	1,044,612	841,162	787,552	844,880	571,659	521,312	517,617	797,670	822,099

	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	-118,388	-89,468	-106,860	10,813	192,980	257,948	74,371	-53,771	1,104,914	354,032	6,739	-653,651	-24,159	178,452
Depreciation	45,796	47,627	50,416	33,374	34,319	37,505	38,358	41,698	53,011	57,107	65,086	80,917	38,556	18,246
Amortisation	7,541	7,541	7,689	5,779	3,937	13,348	36,894	37,386	36,922	36,167	10,265	17,100	1,747	1,259
Tax	0	0	0	-1,100	-35,542	-47,723	-13,402	0	-232,125	-81,469	-1,167	0	0	-49,869
Stock	83,748	-23,250	-2,168	1,619	48,798	-20,968	58,092	-25,600	-4,226	-67,011	81,443	75,898	11,538	238,137
Debtors	59,872	99,306	20,238	18,654	3,010	375,813	268,980	213,194	149,605	28,318	92,383	-318,292	178,743	670,923
Creditors	30,754	-733	-12,368	-36,707	-123,428	164,740	32,420	-539,585	-189,558	-151,634	114,500	-476,930	278,739	1,155,241
Accruals and Deferred Income	-44,755	-25,350	244,616	38,529	46,623	-37,264	188,187	679,517	0	0	-71,625	40,869	30,756	0
Deferred Taxes & Provisions	0	-4,203	10,236	-85	-350	-476	2,516	8,138	4,175	4,122	-4,537	0	21,415	0
Cash flow from operations	-222,672	-140,642	175,659	30,330	66,731	33,233	32,272	-14,211	631,960	257,018	-54,565	-749,301	156,773	394,269
Investing Activities
capital expenditure	0	-20,581	-100,427	-32,276	-9,460	-8,433	-33,872	-36,599	78,300	-352	-19,066	283,641	-92,472	-1,119,951
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	0	-20,581	-100,427	-32,276	-9,460	-8,433	-33,872	-36,599	78,300	-352	-19,066	283,641	-92,472	-1,119,951
Financing Activities
Bank loans	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
Other Short Term Loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long term loans	0	0	-65,906	-13,069	-12,327	-11,838	-12,080	115,220	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
other long term liabilities	-55,088	388,431	0	0	0	0	0	-126,215	-15,871	-25,172	167,258	0	-21,415	21,415
share issue	0	0	10,289	0	0	0	0	0	-600,010	-222,397	0	375,475	0	693,865
interest	6,432	514	-2,321	-5,023	-5,917	-6,775	-7,359	-3,557	441	181	-1,877	-1,876	-269	-349
cash flow from financing	-48,656	388,945	-57,938	-18,092	-18,244	-18,613	-19,439	-14,552	-615,440	-247,388	165,381	373,599	-21,684	714,931
cash and cash equivalents
cash	-271,328	227,722	4,139	-19,288	39,427	6,287	-20,039	-54,458	94,821	9,278	31,553	-31,865	31,865	0
overdraft	0	0	-13,154	750	400	100	1,000	10,904	0	0	-60,197	60,197	-10,751	10,751
change in cash	-271,328	227,722	17,293	-20,038	39,027	6,187	-21,039	-65,362	94,821	9,278	91,750	-92,062	42,616	-10,751

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for lbg medical ltd. Get real-time insights into lbg medical ltd's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for lbg medical ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.

LBG MEDICAL LTD group structure

Lbg Medical Ltd has 1 subsidiary company.

Ultimate parent company

HAMPSTEAD LTD

#0093201

1 parent

LBG MEDICAL LTD

01498237

1 subsidiary

RX LABORATORIES LIMITED

03993177

LBG MEDICAL LTD Shareholders

hampstead limited	96%
andrew barnes	2%
samuel wright	2%

Lbg Medical Ltd currently has 3 directors. The longest serving directors include Mr Andrew Barnes (Jun 2014) and Mr Samuel Wright (Aug 2017).

officer	age	start	end	role
Mr Andrew Barnes	41 years	Jun 2014	-	Director
Mr Samuel Wright	34 years	Aug 2017	-	Director
Mr Paul Fenelon	59 years	Apr 2020	-	Director

P&L

December 2022

turnover

4.1m

+11%

operating profit

-118.4k

gross margin

37.6%

-0.01%

turnover

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

Balance Sheet

December 2022

net assets

901k

-0.11%

total assets

2.6m

-0.06%

cash

48.1k

-0.85%

net assets

Total assets minus all liabilities

Similar Companies

Agree?

sheffield precision medical ltd

3.5

minta medical limited

interfurn medical systems ltd

mahr impex uk ltd

isopharm limited

company number

01498237

Type

Private limited with Share Capital

industry

32500 - Manufacture of medical and dental instruments and supplies

incorporation date

May 1980

age

accounts

Total Exemption Full

ultimate parent company

HAMPSTEAD LTD

previous names

langer (uk) ltd (January 2015)

langer biomechanics group (uk) limited (December 2005)

incorporated

address

emerald place emerald way, stone business park, stone, staffordshire, ST15 0SR

last accounts submitted

December 2022

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 lbg medical ltd. Currently there are 4 open charges and 4 have been satisfied in the past.

lbg medical ltd Company Information

lbg medical ltd Estimated Valuation

lbg medical ltd Estimated Valuation

lbg medical ltd Estimated Valuation

Lbg Medical Ltd Overview

Lbg Medical Ltd Health Check

LBG MEDICAL LTD financials

lbg medical ltd Credit Report and Business Information

Lbg Medical Ltd Competitor Analysis

lbg medical ltd Ownership

lbg medical ltd directors

lbg medical ltd company details

lbg medical ltd Charges & Mortgages

lbg medical ltd Companies House Filings - See Documents