Lanchester Wine Cellars Limited

POWER SEARCH PRICING

SOLUTIONS

lanchester wine cellars limited Company Information

Live

MatureLargeHigh

Company Number

01517126

Website

www.lanchesterwines.co.uk

Registered Address

greencroft estate, greencroft parkway, annfield plain, durham, DH9 7XP

Industry

Wholesale of wine, beer, spirits and other alcoholic beverages

Operation of warehousing and storage facilities for land transport activities of division 49

Telephone

01207521234

Next Accounts Due

March 2025

Group Structure

View All

Directors

Anthony Cleary33 Years

Veronica Cleary33 Years

View All

Shareholders

mr anthony austin cleary 75%

veronica anne cleary 25%

lanchester wine cellars limited Estimated Valuation

£34.3m

Pomanda estimates the enterprise value of LANCHESTER WINE CELLARS LIMITED at £34.3m based on a Turnover of £60.2m and 0.57x industry multiple (adjusted for size and gross margin).

Edit your figures and get a professional valuation report.

Lanchester Wine Cellars Limited is a live company located in annfield plain, DH9 7XP with a Companies House number of 01517126. It operates in the wholesale of wine, beer, spirits and other alcoholic beverages sector, SIC Code 46342. Founded in September 1980, it's largest shareholder is mr anthony austin cleary with a 75% stake. Lanchester Wine Cellars Limited is a mature, large sized company, Pomanda has estimated its turnover at £60.2m with high growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Lanchester Wine Cellars Limited a 3 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

Health Rating3out of 5

5 Strong

1 Regular

6 Weak

Size

annual sales of £60.2m, make it larger than the average company (£18.1m)

Growth

3 year (CAGR) sales growth of 16%, show it is growing at a faster rate (6.3%)

EXPORT

Lanchester Wine Cellars Limited's latest turnover from June 2023 is £60.2 million and the company has net assets of £6.1 million. According to their latest financial statements, Lanchester Wine Cellars Limited has 249 employees and maintains cash reserves of £32.6 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Jun 2023	Jun 2022	Jun 2021	Jun 2020	Jun 2019	Jun 2018	Jun 2017	Jun 2016	Jun 2015	Jun 2014	Jun 2013	Jun 2012	Jun 2011	Jun 2010
Turnover	60,203,963	51,360,854	38,179,258	38,605,561	38,083,038	35,528,947	29,255,483	35,043,053	31,212,454	28,921,926	24,294,405	12,424,068	11,182,294	11,728,052
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	51,674,442	43,406,555	26,560,741	25,626,309	26,845,353	24,563,728	22,101,150	27,033,045	24,777,186	23,406,720	19,766,045	9,286,882	8,879,323	9,115,837
Gross Profit	8,529,521	7,954,299	11,618,517	12,979,252	11,237,685	10,965,219	7,154,333	8,010,008	6,435,268	5,515,206	4,528,360	3,137,186	2,302,971	2,612,215
Admin Expenses	6,755,254	6,788,361	10,404,092	12,143,868	10,496,628	10,099,076	7,619,755	6,429,882	4,993,544	4,745,265	4,235,039	2,843,921	2,082,947	2,282,361
Operating Profit	1,774,267	1,165,938	1,214,425	835,384	741,057	866,143	-465,422	1,580,126	1,441,724	769,941	293,321	293,265	220,024	329,854
Interest Payable	1,591,737	709,309	311,446	433,235	556,228	391,522	281,753	273,460	115,422	71,103	40,654	10,773	16,265	19,898
Interest Receivable	248	460	16,440	113	2,282	2,093	440	1,290	0	0	0	0	0	0
Pre-Tax Profit	414,846	653,178	1,145,396	448,360	481,656	475,714	-746,735	1,307,956	1,326,302	698,838	252,667	282,492	203,759	309,956
Tax	-456,932	-212,149	-408,160	-259,775	-219,871	-265,061	160,107	-295,692	-277,030	-156,543	-67,384	-71,922	-57,269	-80,933
Profit After Tax	-42,086	441,029	737,236	188,585	261,785	210,653	-586,628	1,012,264	1,049,272	542,295	185,283	210,570	146,490	229,023
Dividends Paid	73,000	48,000	40,000	50,000	40,000	40,000	40,000	40,000	40,000	50,000	60,000	20,000	40,000	40,000
Retained Profit	-225,774	254,501	627,667	100,276	201,806	156,459	-589,715	972,264	1,009,272	492,295	125,283	190,570	106,490	189,023
Employee Costs	8,050,119	7,420,110	6,888,912	6,604,110	5,713,247	5,313,072	3,684,670	3,533,143	2,544,894	2,296,050	2,054,485	1,623,522	1,339,379	1,184,612
Number Of Employees	249	254	254	242	221	214	137	134	94	85	75	51	53	49
EBITDA*	2,979,852	3,318,695	3,136,389	2,417,099	2,165,247	2,180,913	375,483	2,287,185	1,822,204	1,081,094	559,080	447,131	365,537	436,778

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Jun 2023	Jun 2022	Jun 2021	Jun 2020	Jun 2019	Jun 2018	Jun 2017	Jun 2016	Jun 2015	Jun 2014	Jun 2013	Jun 2012	Jun 2011	Jun 2010
Tangible Assets	35,633,290	26,306,450	16,995,323	16,277,858	13,720,478	12,766,912	11,974,190	9,834,932	6,151,770	2,431,285	2,053,174	838,270	521,859	466,121
Intangible Assets	3,245,151	3,950,607	4,718,415	5,151,817	5,336,184	6,034,309	1,861,371	2,079,529	172,857	216,071	259,286	302,500	0	0
Investments & Other	628,541	484,721	288,632	110,192	48,898	62,405	76,599	7,622	2,000	2,000	2,000	2,000	2,000	2,000
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	39,506,982	30,741,778	22,002,370	21,539,867	19,105,560	18,863,626	13,912,160	11,922,083	6,326,627	2,649,356	2,314,460	1,142,770	523,859	468,121
Stock & work in progress	17,316,927	13,468,586	8,503,264	9,299,550	8,167,067	8,430,082	6,640,969	6,450,925	6,865,620	6,547,932	5,411,694	3,645,906	3,293,140	3,729,262
Trade Debtors	7,875,704	8,125,521	5,575,290	5,279,509	4,780,593	4,991,663	3,910,423	4,672,922	5,014,845	4,631,904	4,052,919	2,196,192	1,900,165	1,806,497
Group Debtors	20,000	55,989	85,335	273,012	629,239	49,773	155,065	230,532	148,325	27,331	0	463,034	716,943	536,619
Misc Debtors	2,137,731	2,370,420	1,396,163	1,664,943	2,722,202	1,996,728	1,596,423	1,545,629	1,679,585	1,190,713	734,657	285,547	486,565	308,402
Cash	32,598	222,481	818,067	1,245,922	283,222	474,476	155,311	952,118	133,416	88,826	26,667	3,223	776	321,446
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	27,382,960	24,242,997	16,378,119	17,762,936	16,582,323	15,942,722	12,458,191	13,852,126	13,841,791	12,486,706	10,225,937	6,593,902	6,397,589	6,702,226
total assets	66,889,942	54,984,775	38,380,489	39,302,803	35,687,883	34,806,348	26,370,351	25,774,209	20,168,418	15,136,062	12,540,397	7,736,672	6,921,448	7,170,347
Bank overdraft	16,908,696	6,136,017	20,181	654,749	1,787,129	306,461	0	66,310	174,494	13,299	70,716	1,287,467	1,357,747	2,338,606
Bank loan	0	0	3,697,194	3,775,608	6,038,411	5,960,168	3,478,985	4,156,607	3,222,574	3,392,108	2,234,321	483,326	0	0
Trade Creditors	7,094,964	5,556,321	2,854,035	2,993,748	3,294,804	3,310,130	2,562,448	3,236,003	2,714,789	1,718,168	2,165,232	1,183,201	1,325,695	1,186,764
Group/Directors Accounts	4,686,139	2,871,155	13,750,422	13,398,670	2,135,150	8,759,467	6,342,613	5,436,496	2,933,002	2,569,744	2,213,613	882,711	435,417	205,262
other short term finances	0	199,980	189,055	105,021	105,021	0	0	0	0	2,305	0	0	0	0
hp & lease commitments	825,430	219,440	289,532	425,679	450,004	534,604	486,754	187,274	110,031	88,747	74,687	47,643	79,644	26,934
other current liabilities	5,666,416	8,065,111	1,680,802	2,381,581	1,689,049	1,885,537	2,104,162	2,180,129	2,905,294	3,155,609	1,869,372	493,435	811,673	605,968
total current liabilities	35,181,645	23,048,024	22,481,221	23,735,056	15,499,568	20,756,367	14,974,962	15,262,819	12,060,184	10,939,980	8,627,941	4,377,783	4,010,176	4,363,534
loans	20,359,505	22,082,312	8,005,886	8,611,104	13,851,720	7,651,826	4,995,204	4,492,435	3,237,500	422,825	693,003	283,334	0	0
hp & lease commitments	3,671,124	2,536,365	942,669	801,185	473,494	789,195	1,069,054	213,541	127,879	109,286	26,784	21,000	22,620	24,267
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	1,224,383	749,703	775,371	677,352	488,776	436,441	315,071	199,639	109,344	39,732	60,725	47,893	44,498	32,947
total long term liabilities	25,255,012	25,368,380	9,723,926	10,089,641	14,813,990	8,877,462	6,379,329	4,905,615	3,474,723	571,843	780,512	352,227	67,118	57,214
total liabilities	60,436,657	48,416,404	32,205,147	33,824,697	30,313,558	29,633,829	21,354,291	20,168,434	15,534,907	11,511,823	9,408,453	4,730,010	4,077,294	4,420,748
net assets	6,130,995	6,356,769	6,102,268	5,474,601	5,374,325	5,172,519	5,016,060	5,605,775	4,633,511	3,624,239	3,131,944	3,006,662	2,844,154	2,749,599
total shareholders funds	6,130,995	6,356,769	6,102,268	5,474,601	5,374,325	5,172,519	5,016,060	5,605,775	4,633,511	3,624,239	3,131,944	3,006,662	2,844,154	2,749,599

	Jun 2023	Jun 2022	Jun 2021	Jun 2020	Jun 2019	Jun 2018	Jun 2017	Jun 2016	Jun 2015	Jun 2014	Jun 2013	Jun 2012	Jun 2011	Jun 2010
Operating Activities
Operating Profit	1,774,267	1,165,938	1,214,425	835,384	741,057	866,143	-465,422	1,580,126	1,441,724	769,941	293,321	293,265	220,024	329,854
Depreciation	362,069	1,313,168	1,158,989	779,680	633,384	598,034	381,913	366,149	337,266	267,939	222,545	153,866	145,513	106,924
Amortisation	843,516	839,589	762,975	802,035	790,806	716,736	458,992	340,910	43,214	43,214	43,214	0	0	0
Tax	-456,932	-212,149	-408,160	-259,775	-219,871	-265,061	160,107	-295,692	-277,030	-156,543	-67,384	-71,922	-57,269	-80,933
Stock	3,848,341	4,965,322	-796,286	1,132,483	-263,015	1,789,113	190,044	-414,695	317,688	1,136,238	1,765,788	352,766	-436,122	3,729,262
Debtors	-518,495	3,495,142	-160,676	-914,570	1,093,870	1,376,253	-787,172	-393,672	992,807	1,062,372	1,842,803	-158,900	452,155	2,651,518
Creditors	1,538,643	2,702,286	-139,713	-301,056	-15,326	747,682	-673,555	521,214	996,621	-447,064	982,031	-142,494	138,931	1,186,764
Accruals and Deferred Income	-2,398,695	6,384,309	-700,779	692,532	-196,488	-218,625	-75,967	-725,165	-250,315	1,286,237	1,375,937	-318,238	205,705	605,968
Deferred Taxes & Provisions	474,680	-25,668	98,019	188,576	52,335	121,370	115,432	90,295	69,612	-20,993	12,832	3,395	11,551	32,947
Cash flow from operations	-1,192,298	3,707,009	2,942,718	2,519,463	955,042	-599,087	498,628	2,686,204	1,050,597	-455,879	-746,095	-275,994	648,422	-4,199,256
Investing Activities
capital expenditure	0	0	0	0	0	-7,314,244	-1,647,114	-6,166,488	-3,873,619	-627,870	-1,292,246	-815,260	-188,715	-217,148
Change in Investments	143,820	196,089	178,440	61,294	-13,507	-14,194	68,977	5,622	0	0	0	0	0	2,000
cash flow from investments	-143,820	-196,089	-178,440	-61,294	13,507	-7,300,050	-1,716,091	-6,172,110	-3,873,619	-627,870	-1,292,246	-815,260	-188,715	-219,148
Financing Activities
Bank loans	0	-3,697,194	-78,414	-2,262,803	78,243	2,481,183	-677,622	934,033	-169,534	1,157,787	1,750,995	483,326	0	0
Group/Directors Accounts	1,814,984	-10,879,267	351,752	11,263,520	-6,624,317	2,416,854	906,117	2,503,494	363,258	356,131	1,330,902	447,294	230,155	205,262
Other Short Term Loans	-199,980	10,925	84,034	0	105,021	0	0	0	-2,305	2,305	0	0	0	0
Long term loans	-1,722,807	14,076,426	-605,218	-5,240,616	6,199,894	2,656,622	502,769	1,254,935	2,814,675	-270,178	409,669	283,334	0	0
Hire Purchase and Lease Commitments	1,740,749	1,523,604	5,337	303,366	-400,301	-232,009	1,154,993	162,905	39,877	96,562	32,828	-33,621	51,063	51,201
other long term liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0	0
share issue	0	0	0	0	0	0	0	0	0	0	-1	-28,062	-11,935	2,560,576
interest	-1,591,489	-708,849	-295,006	-433,122	-553,946	-389,429	-281,313	-272,170	-115,422	-71,103	-40,654	-10,773	-16,265	-19,898
cash flow from financing	41,457	325,645	-537,515	3,630,345	-1,195,406	6,933,221	1,604,944	4,583,197	2,930,549	1,271,504	3,483,739	1,141,498	253,018	2,797,141
cash and cash equivalents
cash	-189,883	-595,586	-427,855	962,700	-191,254	319,165	-796,807	818,702	44,590	62,159	23,444	2,447	-320,670	321,446
overdraft	10,772,679	6,115,836	-634,568	-1,132,380	1,480,668	306,461	-66,310	-108,184	161,195	-57,417	-1,216,751	-70,280	-980,859	2,338,606
change in cash	-10,962,562	-6,711,422	206,713	2,095,080	-1,671,922	12,704	-730,497	926,886	-116,605	119,576	1,240,195	72,727	660,189	-2,017,160

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for lanchester wine cellars limited. Get real-time insights into lanchester wine cellars limited'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 lanchester wine cellars limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other large companies, companies in DH9 area or any other competitors across 12 key performance metrics.

LANCHESTER WINE CELLARS LIMITED group structure

Lanchester Wine Cellars Limited has 6 subsidiary companies.

Ultimate parent company

LANCHESTER WINE CELLARS LIMITED

01517126

6 subsidiaries

PARVERRE MARKETING LIMITED

03241733

SPICERS OF HYTHE LIMITED

02984046

UNIVERSAL WINES & SPIRITS LIMITED

05327331

THE WINE FUSION LIMITED

06471268

BON BONS (WHOLESALE) LIMITED

06734747

LANCHESTER WINE SALES LIMITED

08045646

LANCHESTER WINE CELLARS LIMITED Shareholders

mr anthony austin cleary	75%
veronica anne cleary	25%

Lanchester Wine Cellars Limited currently has 4 directors. The longest serving directors include Mr Anthony Cleary (Aug 1991) and Mrs Veronica Cleary (Aug 1991).

officer	country	age	start	end	role
Mr Anthony Cleary		71 years	Aug 1991	-	Director
Mrs Veronica Cleary		70 years	Aug 1991	-	Director
Mr Mark Satchwell		59 years	May 2007	-	Director
Miss Caroline Cleary	England	33 years	Jul 2023	-	Director

P&L

June 2023

turnover

60.2m

+17%

operating profit

1.8m

+52%

gross margin

14.2%

-8.52%

turnover

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

Balance Sheet

June 2023

net assets

6.1m

-0.04%

total assets

66.9m

+0.22%

cash

32.6k

-0.85%

net assets

Total assets minus all liabilities

Similar Companies

metals & alloys international limited

greencroft bottling company limited

4.5

deckers restaurants limited

4.5

kic inventories limited

cartwright rentals limited

3.5

company number

01517126

Type

Private limited with Share Capital

industry

46342 - Wholesale of wine, beer, spirits and other alcoholic beverages

52103 - Operation of warehousing and storage facilities for land transport activities of division 49

incorporation date

September 1980

ultimate parent company

None

previous names

N/A

address

greencroft estate, greencroft parkway, annfield plain, durham, DH9 7XP

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 16 charges/mortgages relating to lanchester wine cellars limited. Currently there are 13 open charges and 3 have been satisfied in the past.

lanchester wine cellars limited Company Information

lanchester wine cellars limited Estimated Valuation

lanchester wine cellars limited Estimated Valuation

lanchester wine cellars limited Estimated Valuation

Lanchester Wine Cellars Limited Overview

Lanchester Wine Cellars Limited Health Check

LANCHESTER WINE CELLARS LIMITED financials

lanchester wine cellars limited Credit Report and Business Information

Lanchester Wine Cellars Limited Competitor Analysis

lanchester wine cellars limited Ownership

lanchester wine cellars limited directors

lanchester wine cellars limited company details

lanchester wine cellars limited Charges & Mortgages

lanchester wine cellars limited Companies House Filings - See Documents