Pomanda estimates the enterprise value of LBG MEDICAL LTD at £5m based on a Turnover of £6.2m and 0.82x industry multiple (adjusted for size and gross margin).
lbg medical ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of LBG MEDICAL LTD at £0 based on an EBITDA of £-142.5k and a 4.64x industry multiple (adjusted for size and gross margin).
lbg medical ltdEstimated Valuation
£1.4m
Pomanda estimates the enterprise value of LBG MEDICAL LTD at £1.4m based on Net Assets of £717.2k and 1.97x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Lbg Medical LtdOverview
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,
mid sized company, Pomanda has estimated its turnover at
£6.2m with
rapid
growth in recent years.
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 3 measures and has 8 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
3 Strong
1 Regular
8 Weak
Size
annual sales of £6.2m, make it smaller than the average company (£17.9m)
£6.2m - Lbg Medical Ltd
£17.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 37%, show it is growing at a faster rate (6.2%)
37% - Lbg Medical Ltd
6.2% - Industry AVG
Production
with a gross margin of 24.6%, this company has a higher cost of product (37.4%)
24.6% - Lbg Medical Ltd
37.4% - Industry AVG
Profitability
an operating margin of -3% make it less profitable than the average company (5.9%)
-3% - Lbg Medical Ltd
5.9% - Industry AVG
Employees
with 42 employees, this is below the industry average (89)
42 - Lbg Medical Ltd
89 - Industry AVG
Pay Structure
on an average salary of £49.8k, the company has an equivalent pay structure (£49.8k)
£49.8k - Lbg Medical Ltd
£49.8k - Industry AVG
Efficiency
resulting in sales per employee of £146.9k, this is less efficient (£181.5k)
£146.9k - Lbg Medical Ltd
£181.5k - Industry AVG
Debtor Days
it gets paid by customers after 106 days, this is later than average (50 days)
106 days - Lbg Medical Ltd
50 days - Industry AVG
Creditor Days
its suppliers are paid after 113 days, this is slower than average (35 days)
113 days - Lbg Medical Ltd
35 days - Industry AVG
Stock Days
it holds stock equivalent to 34 days, this is less than average (95 days)
34 days - Lbg Medical Ltd
95 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (11 weeks)
0 weeks - Lbg Medical Ltd
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 70.8%, this is a higher level of debt than the average (41.9%)
70.8% - Lbg Medical Ltd
41.9% - Industry AVG
LBG MEDICAL LTD financials
EXPORT
Lbg Medical Ltd's latest turnover from December 2023 is estimated at £6.2 million and the company has net assets of £717.2 thousand. According to their latest financial statements, Lbg Medical Ltd has 42 employees and maintains cash reserves of £10.1 thousand 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
6,167,744
6,155,609
2,327,034
2,403,945
2,397,504
2,180,351
2,455,326
2,238,703
2,040,302
2,827,914
2,742,231
2,818,934
2,445,442
3,708,341
1,709,193
Other Income Or Grants
Cost Of Sales
4,650,507
4,589,231
1,757,484
1,795,827
1,766,603
1,629,781
1,836,735
1,606,577
1,420,617
1,964,668
1,892,187
1,917,637
1,654,552
2,478,845
Gross Profit
1,517,236
1,566,378
569,550
608,118
630,901
550,570
618,591
632,126
619,686
863,245
850,044
901,296
790,890
1,229,496
Admin Expenses
1,702,557
1,684,766
659,018
714,978
620,088
357,590
360,643
557,755
673,457
-241,669
496,012
894,557
1,444,541
1,253,655
-178,452
Operating Profit
-185,321
-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
2,411
5,752
6,571
7,096
7,537
4,099
1,956
1,956
349
349
Interest Receivable
1,528
6,432
514
90
729
654
321
178
542
441
181
79
80
80
Pre-Tax Profit
-183,793
-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
-1,100
-35,542
-47,723
-13,402
-232,125
-81,469
-1,167
-49,869
Profit After Tax
-183,793
-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
Retained Profit
-183,793
-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
2,091,572
2,145,203
2,077,819
2,180,004
2,125,909
2,150,162
2,208,612
1,957,966
1,632,836
493,959
471,004
502,564
427,463
635,377
Number Of Employees
42
44
44
46
46
47
51
47
42
13
13
14
12
18
EBITDA*
-142,493
-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 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
186,669
221,956
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
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
Debtors (Due After 1 year)
Total Fixed Assets
203,129
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
445,855
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
1,798,251
1,860,747
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
Misc Debtors
1,382,801
1,260,649
1,258,417
1,304,453
1,235,434
866,247
636,292
Cash
10,077
48,114
319,442
91,720
87,581
106,869
67,442
61,155
81,194
135,652
40,831
31,553
31,865
misc current assets
total current assets
2,254,183
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
2,457,312
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
13,154
12,404
12,004
11,904
10,904
60,197
10,751
Bank loan
Trade Creditors
1,444,134
1,335,554
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
other short term finances
hp & lease commitments
other current liabilities
1,134,858
1,160,208
915,592
877,063
830,440
867,704
679,517
71,625
30,756
total current liabilities
1,444,134
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
65,906
78,975
91,302
103,140
115,220
hp & lease commitments
Accruals and Deferred Income
other liabilities
255,000
333,343
388,431
126,215
142,086
167,258
21,415
provisions
40,951
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
total long term liabilities
295,951
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
1,740,085
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
717,227
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
717,227
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 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
-185,321
-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
35,287
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
7,541
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
-1,100
-35,542
-47,723
-13,402
-232,125
-81,469
-1,167
-49,869
Stock
-10,195
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
-62,496
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
108,580
1,120,857
-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
-1,134,858
-25,350
244,616
38,529
46,623
-37,264
188,187
679,517
-71,625
40,869
30,756
Deferred Taxes & Provisions
-4,203
10,236
-85
-350
-476
2,516
8,138
4,175
4,122
-4,537
21,415
Cash flow from operations
38,778
-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
-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
cash flow from investments
-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
Group/Directors Accounts
Other Short Term Loans
Long term loans
-65,906
-13,069
-12,327
-11,838
-12,080
115,220
Hire Purchase and Lease Commitments
other long term liabilities
-78,343
-55,088
388,431
-126,215
-15,871
-25,172
167,258
-21,415
21,415
share issue
10,289
-600,010
-222,397
375,475
693,865
interest
1,528
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
-76,815
-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
-38,037
-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
overdraft
-13,154
750
400
100
1,000
10,904
-60,197
60,197
-10,751
10,751
change in cash
-38,037
-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
lbg medical ltd Credit Report and Business Information
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.
Perform a competitor analysis for lbg medical ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in ST15 area or any other competitors across 12 key performance metrics.
32500 - Manufacture of medical and dental instruments and supplies
incorporation date
May 1980
age
45
incorporated
UK
ultimate parent company
HAMPSTEAD LTD
accounts
Unaudited Abridged
last accounts submitted
December 2023
previous names
langer (uk) ltd (January 2015)
langer biomechanics group (uk) limited (December 2005)
See more
accountant
-
auditor
-
address
emerald place emerald way, stone business park, stone, staffordshire, ST15 0SR
Bank
-
Legal Advisor
-
lbg medical ltd 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 lbg medical ltd. Currently there are 4 open charges and 4 have been satisfied in the past.
lbg medical ltd 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 LBG MEDICAL LTD. This can take several minutes, an email will notify you when this has completed.
lbg medical ltdCompanies House Filings - See Documents
