loudspeaker technology limited

loudspeaker technology limited Company Information

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Company Number

01518084

Industry

Manufacture of consumer electronics

 

Shareholders

william john woodman

robert david polley

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Group Structure

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Contact

Registered Address

gypsy lane aston down, stroud, gloucestershire, GL6 8HR

loudspeaker technology limited Estimated Valuation

£7m

Pomanda estimates the enterprise value of LOUDSPEAKER TECHNOLOGY LIMITED at £7m based on a Turnover of £8.2m and 0.85x industry multiple (adjusted for size and gross margin).

loudspeaker technology limited Estimated Valuation

£6.9m

Pomanda estimates the enterprise value of LOUDSPEAKER TECHNOLOGY LIMITED at £6.9m based on an EBITDA of £1.2m and a 5.9x industry multiple (adjusted for size and gross margin).

loudspeaker technology limited Estimated Valuation

£18.3m

Pomanda estimates the enterprise value of LOUDSPEAKER TECHNOLOGY LIMITED at £18.3m based on Net Assets of £8.7m and 2.1x industry multiple (adjusted for liquidity).

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Loudspeaker Technology Limited Overview

Loudspeaker Technology Limited is a live company located in gloucestershire, GL6 8HR with a Companies House number of 01518084. It operates in the manufacture of consumer electronics sector, SIC Code 26400. Founded in September 1980, it's largest shareholder is william john woodman with a 78.5% stake. Loudspeaker Technology Limited is a mature, mid sized company, Pomanda has estimated its turnover at £8.2m with healthy growth in recent years.

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Loudspeaker Technology Limited Health Check

Pomanda's financial health check has awarded Loudspeaker Technology Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 2 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

6 Strong

positive_score

4 Regular

positive_score

2 Weak

size

Size

annual sales of £8.2m, make it in line with the average company (£8.2m)

£8.2m - Loudspeaker Technology Limited

£8.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 12%, show it is growing at a faster rate (2.9%)

12% - Loudspeaker Technology Limited

2.9% - Industry AVG

production

Production

with a gross margin of 44.1%, this company has a comparable cost of product (40%)

44.1% - Loudspeaker Technology Limited

40% - Industry AVG

profitability

Profitability

an operating margin of 12.2% make it more profitable than the average company (3.8%)

12.2% - Loudspeaker Technology Limited

3.8% - Industry AVG

employees

Employees

with 70 employees, this is above the industry average (35)

70 - Loudspeaker Technology Limited

35 - Industry AVG

paystructure

Pay Structure

on an average salary of £47.9k, the company has an equivalent pay structure (£53.4k)

£47.9k - Loudspeaker Technology Limited

£53.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £117.8k, this is less efficient (£157.9k)

£117.8k - Loudspeaker Technology Limited

£157.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 28 days, this is earlier than average (41 days)

28 days - Loudspeaker Technology Limited

41 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 25 days, this is close to average (25 days)

25 days - Loudspeaker Technology Limited

25 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 237 days, this is more than average (135 days)

237 days - Loudspeaker Technology Limited

135 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 68 weeks, this is more cash available to meet short term requirements (22 weeks)

68 weeks - Loudspeaker Technology Limited

22 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 17.1%, this is a lower level of debt than the average (38%)

17.1% - Loudspeaker Technology Limited

38% - Industry AVG

LOUDSPEAKER TECHNOLOGY LIMITED financials

EXPORTms excel logo

Loudspeaker Technology Limited's latest turnover from March 2024 is £8.2 million and the company has net assets of £8.7 million. According to their latest financial statements, Loudspeaker Technology Limited has 70 employees and maintains cash reserves of £1.9 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover8,246,53211,511,60510,379,4435,830,0565,491,1513,696,9385,147,3453,876,8754,247,7773,023,6632,245,8581,873,1092,150,1942,355,9051,798,681
Other Income Or Grants000000000000000
Cost Of Sales4,611,4136,270,3895,353,7933,833,0273,562,6022,433,8653,528,6832,500,9242,763,5861,967,1831,458,8571,213,8391,336,1631,407,9251,085,843
Gross Profit3,635,1195,241,2165,025,6501,997,0291,928,5491,263,0731,618,6631,375,9511,484,1911,056,480787,001659,271814,031947,979712,838
Admin Expenses2,626,8153,212,2862,769,659221,9832,545,65373,192620,3891,210,3271,373,814772,488385,166722,825476,687826,358-61,184
Operating Profit1,008,3042,028,9302,255,9911,775,046-617,1041,189,881998,274165,624110,377283,992401,835-63,554337,344121,621774,022
Interest Payable5,7376,23218,52632,32919,5920000000000
Interest Receivable114,3628,66401,1341,1177,6942,2991,0572,5572,5511,7821,3951,8541,550553
Pre-Tax Profit1,116,9292,031,3622,237,4651,743,851-635,5791,197,5751,000,573166,681112,934286,543403,617-62,159339,199123,171774,575
Tax-208,919-402,941-332,759-331,3320-227,539-190,109-33,336-22,587-60,174-92,8320-88,192-34,488-216,881
Profit After Tax908,0101,628,4211,904,7061,412,519-635,579970,036810,464133,34590,347226,369310,785-62,159251,00788,683557,694
Dividends Paid2,0004,0000000000000000
Retained Profit906,0101,624,4211,904,7061,412,519-635,579970,036810,464133,34590,347226,369310,785-62,159251,00788,683557,694
Employee Costs3,353,6873,876,1262,804,3312,920,7412,422,6121,859,2301,851,3821,580,6201,413,498542,479386,600275,926341,246346,862248,434
Number Of Employees70917461504140373413979106
EBITDA*1,165,4852,208,3672,402,7161,877,734-532,6971,189,8811,069,129222,005134,778305,705424,457-37,666361,205136,403789,460

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets4,860,7172,225,1921,944,5171,734,790720,712328,168326,536254,453108,50090,83891,343108,03395,76954,51557,628
Intangible Assets000000000000000
Investments & Other95959595950000000000
Debtors (Due After 1 year)0017,190177,14400000000000
Total Fixed Assets4,860,8122,225,2871,961,8021,912,029720,807328,168326,536254,453108,50090,83891,343108,03395,76954,51557,628
Stock & work in progress3,000,1883,061,9892,701,7612,054,8402,160,1492,041,5521,518,4281,040,609808,526712,581617,068504,415490,891413,033398,632
Trade Debtors641,209836,068552,945464,794407,775237,210684,263463,922544,494597,386411,382332,440418,331405,300294,526
Group Debtors000000000000000
Misc Debtors87,634247,717500,665101,978607,181127,148122,39151,21261,212000000
Cash1,922,0483,554,3342,332,8031,512,246756,1991,477,524574,177345,318500,655522,236498,116214,811343,014398,674221,360
misc current assets000000000000000
total current assets5,651,0797,700,1086,088,1744,133,8583,931,3043,883,4342,899,2591,901,0611,914,8871,832,2031,526,5661,051,6661,252,2361,217,007914,518
total assets10,511,8919,925,3958,049,9766,045,8874,652,1114,211,6023,225,7952,155,5142,023,3871,923,0411,617,9091,159,6991,348,0051,271,522972,146
Bank overdraft000000000000000
Bank loan00247,66311,22078,9600000000000
Trade Creditors 319,710465,215106,583328,418414,839325,084372,301297,431331,563413,526343,511191,569313,199496,592278,792
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments066,41118,19014,80900000000000
other current liabilities1,141,5071,263,7241,335,957854,249561,468343,664281,397110,41887,859000000
total current liabilities1,461,2171,795,3501,708,3931,208,6961,055,267668,748653,698407,849419,422413,526343,511191,569313,199496,592278,792
loans123,228120,4120406,412563,3850000000000
hp & lease commitments0066,41184,60000000000000
Accruals and Deferred Income000000000000000
other liabilities0000125,000000003,3887,90512,4223,55310,660
provisions213,797201,99491,95467,66842,46741,28340,56226,59416,23912,13600000
total long term liabilities337,025322,406158,365558,680730,85241,28340,56226,59416,23912,1363,3887,90512,4223,55310,660
total liabilities1,798,2422,117,7561,866,7581,767,3761,786,119710,031694,260434,443435,661425,662346,899199,474325,621500,145289,452
net assets8,713,6497,807,6396,183,2184,278,5112,865,9923,501,5712,531,5351,721,0711,587,7261,497,3791,271,010960,2251,022,384771,377682,694
total shareholders funds8,713,6497,807,6396,183,2184,278,5112,865,9923,501,5712,531,5351,721,0711,587,7261,497,3791,271,010960,2251,022,384771,377682,694
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit1,008,3042,028,9302,255,9911,775,046-617,1041,189,881998,274165,624110,377283,992401,835-63,554337,344121,621774,022
Depreciation157,181179,437146,725102,68884,407070,85556,38124,40121,71322,62225,88823,86114,78215,438
Amortisation000000000000000
Tax-208,919-402,941-332,759-331,3320-227,539-190,109-33,336-22,587-60,174-92,8320-88,192-34,488-216,881
Stock-61,801360,228646,921-105,309118,597523,124477,819232,08395,94595,513112,65313,52477,85814,401398,632
Debtors-354,94212,985326,884-271,040650,598-442,296291,520-90,5728,320186,00478,942-85,89113,031110,774294,526
Creditors-145,505358,632-221,835-86,42189,755-47,21774,870-34,132-81,96370,015151,942-121,630-183,393217,800278,792
Accruals and Deferred Income-122,217-72,233481,708292,781217,80462,267170,97922,55987,859000000
Deferred Taxes & Provisions11,803110,04024,28625,2011,18472113,96810,3554,10312,13600000
Cash flow from operations1,117,3901,828,6521,380,3112,154,312-993,149897,285369,49845,94017,92546,165291,972-86,929-1,269194,540158,213
Investing Activities
capital expenditure000-1,116,766-476,951-1,632-142,938-202,334-42,063-21,208-5,932-38,152-65,115-11,669-73,066
Change in Investments0000950000000000
cash flow from investments000-1,116,766-477,046-1,632-142,938-202,334-42,063-21,208-5,932-38,152-65,115-11,669-73,066
Financing Activities
Bank loans0-247,663236,443-67,74078,9600000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans2,816120,412-406,412-156,973563,3850000000000
Hire Purchase and Lease Commitments-66,411-18,190-14,80899,40900000000000
other long term liabilities000-125,000125,0000000-3,388-4,517-4,5178,869-7,10710,660
share issue00100000000000125,000
interest108,6252,432-18,526-31,195-18,4757,6942,2991,0572,5572,5511,7821,3951,8541,550553
cash flow from financing45,030-143,009-203,302-281,499748,8707,6942,2991,0572,557-837-2,735-3,12210,723-5,557136,213
cash and cash equivalents
cash-1,632,2861,221,531820,557756,047-721,325903,347228,859-155,337-21,58124,120283,305-128,203-55,660177,314221,360
overdraft000000000000000
change in cash-1,632,2861,221,531820,557756,047-721,325903,347228,859-155,337-21,58124,120283,305-128,203-55,660177,314221,360

loudspeaker technology limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Loudspeaker Technology Limited Competitor Analysis

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Perform a competitor analysis for loudspeaker technology limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in GL6 area or any other competitors across 12 key performance metrics.

loudspeaker technology limited Ownership

LOUDSPEAKER TECHNOLOGY LIMITED group structure

Loudspeaker Technology Limited has no subsidiary companies.

Ultimate parent company

LOUDSPEAKER TECHNOLOGY LIMITED

01518084

LOUDSPEAKER TECHNOLOGY LIMITED Shareholders

william john woodman 78.55%
robert david polley 18.18%
margaret-mary graham 3.27%

loudspeaker technology limited directors

Loudspeaker Technology Limited currently has 3 directors. The longest serving directors include Mr Robert Polley (Sep 1999) and Mr William Woodman (Sep 2015).

officercountryagestartendrole
Mr Robert PolleyUnited Kingdom72 years Sep 1999- Director
Mr William WoodmanUnited Kingdom44 years Sep 2015- Director
Ms Leanne WoodmanUnited Kingdom39 years Jul 2023- Director

P&L

March 2024

turnover

8.2m

-28%

operating profit

1m

-50%

gross margin

44.1%

-3.18%

turnover

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

Balance Sheet

March 2024

net assets

8.7m

+0.12%

total assets

10.5m

+0.06%

cash

1.9m

-0.46%

net assets

Total assets minus all liabilities

loudspeaker technology limited company details

company number

01518084

Type

Private limited with Share Capital

industry

26400 - Manufacture of consumer electronics

incorporation date

September 1980

age

44

incorporated

UK

ultimate parent company

None

accounts

Full Accounts

last accounts submitted

March 2024

previous names

panlight limited (December 1981)

accountant

-

auditor

GRIFFITHS MARSHALL

address

gypsy lane aston down, stroud, gloucestershire, GL6 8HR

Bank

LLOYDS TSB BANK PLC

Legal Advisor

-

loudspeaker technology 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 3 charges/mortgages relating to loudspeaker technology limited. Currently there are 0 open charges and 3 have been satisfied in the past.

charges

loudspeaker technology limited Companies House Filings - See Documents

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