load restraint limited

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load restraint limited Company Information

Share LOAD RESTRAINT LIMITED

Company Number

01717696

Shareholders

mr urban frederick gregory

mrs lynda louise gregory

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Group Structure

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Industry

Other manufacturing n.e.c.

 

Registered Address

unit 2, holt road ind est, holt rd, cromer, norfolk, NR27 9JW

load restraint limited Estimated Valuation

£252.9k

Pomanda estimates the enterprise value of LOAD RESTRAINT LIMITED at £252.9k based on a Turnover of £385.9k and 0.66x industry multiple (adjusted for size and gross margin).

load restraint limited Estimated Valuation

£20.3k

Pomanda estimates the enterprise value of LOAD RESTRAINT LIMITED at £20.3k based on an EBITDA of £4.6k and a 4.39x industry multiple (adjusted for size and gross margin).

load restraint limited Estimated Valuation

£287.8k

Pomanda estimates the enterprise value of LOAD RESTRAINT LIMITED at £287.8k based on Net Assets of £134.4k and 2.14x industry multiple (adjusted for liquidity).

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Load Restraint Limited Overview

Load Restraint Limited is a live company located in cromer, norfolk, NR27 9JW with a Companies House number of 01717696. It operates in the other manufacturing n.e.c. sector, SIC Code 32990. Founded in April 1983, it's largest shareholder is mr urban frederick gregory with a 41% stake. Load Restraint Limited is a mature, micro sized company, Pomanda has estimated its turnover at £385.9k with low growth in recent years.

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Load Restraint Limited Health Check

Pomanda's financial health check has awarded Load Restraint Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

3 Strong

positive_score

3 Regular

positive_score

6 Weak

size

Size

annual sales of £385.9k, make it smaller than the average company (£14.1m)

£385.9k - Load Restraint Limited

£14.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 4%, show it is growing at a slower rate (6.4%)

4% - Load Restraint Limited

6.4% - Industry AVG

production

Production

with a gross margin of 30.2%, this company has a comparable cost of product (30.2%)

30.2% - Load Restraint Limited

30.2% - Industry AVG

profitability

Profitability

an operating margin of -0.9% make it less profitable than the average company (6.4%)

-0.9% - Load Restraint Limited

6.4% - Industry AVG

employees

Employees

with 5 employees, this is below the industry average (70)

5 - Load Restraint Limited

70 - Industry AVG

paystructure

Pay Structure

on an average salary of £42.8k, the company has an equivalent pay structure (£42.8k)

£42.8k - Load Restraint Limited

£42.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £77.2k, this is less efficient (£185.8k)

£77.2k - Load Restraint Limited

£185.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 47 days, this is near the average (53 days)

47 days - Load Restraint Limited

53 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 23 days, this is quicker than average (40 days)

23 days - Load Restraint Limited

40 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 16 days, this is less than average (68 days)

16 days - Load Restraint Limited

68 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 98 weeks, this is more cash available to meet short term requirements (12 weeks)

98 weeks - Load Restraint Limited

12 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 28.9%, this is a lower level of debt than the average (47.7%)

28.9% - Load Restraint Limited

47.7% - Industry AVG

LOAD RESTRAINT LIMITED financials

EXPORTms excel logo

Load Restraint Limited's latest turnover from December 2023 is estimated at £385.9 thousand and the company has net assets of £134.4 thousand. According to their latest financial statements, Load Restraint Limited has 5 employees and maintains cash reserves of £97.8 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover385,926343,685307,916344,850378,931336,093349,641282,389183,589246,647237,767134,824114,616111,797
Other Income Or Grants
Cost Of Sales269,245240,910216,558245,525266,491235,274240,652193,023125,639169,710162,79592,44678,31276,278
Gross Profit116,681102,77591,35899,326112,440100,819108,98989,36657,94976,93674,97242,37936,30435,519
Admin Expenses120,155128,14295,67670,823114,327100,297117,465111,78134,590-10,54717,07215,62919,76739,241-5,165
Operating Profit-3,474-25,367-4,31828,503-1,887522-8,476-22,41523,35987,48357,90026,75016,537-3,7225,165
Interest Payable
Interest Receivable5,1983,7743081046576804412625052881047141
Pre-Tax Profit1,724-21,593-4,01028,607-1,2301,201-8,035-22,15323,86487,77158,00426,82116,578-3,7225,165
Tax-431-5,435-228-4,773-18,432-13,341-6,437-4,310-1,446
Profit After Tax1,293-21,593-4,01023,172-1,230973-8,035-22,15319,09169,33944,66320,38412,268-3,7223,719
Dividends Paid
Retained Profit1,293-21,593-4,01023,172-1,230973-8,035-22,15319,09169,33944,66320,38412,268-3,7223,719
Employee Costs214,067202,451196,015228,474225,484220,554177,628171,75466,91666,09263,56463,45131,30730,241
Number Of Employees55566655222211
EBITDA*4,622-19,7713,00038,0814,5388,620-1,110-22,41534,54997,24058,26328,51818,529-1,0918,642

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets25,77018,61924,21531,53341,11137,77425,39132,75740,03541,95419,9255,8626,3428,33410,965
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets25,77018,61924,21531,53341,11137,77425,39132,75740,03541,95419,9255,8626,3428,33410,965
Stock & work in progress12,09414,27310,17612,85511,47014,45810,83512,25112,57413,6319,9849,4259,7117,57212,317
Trade Debtors50,48938,51438,93634,97148,92130,09761,24934,77536,23853,41055,73230,88819,84022,10914,094
Group Debtors
Misc Debtors2,7112,4092,082446416428446332
Cash97,814100,203115,458131,06476,87498,23683,01793,192116,74985,19329,88711,85616,3825441
misc current assets
total current assets163,108155,399166,652179,336137,681143,219155,547140,550165,561152,23495,60352,16945,93329,73526,452
total assets188,878174,018190,867210,869178,792180,993180,938173,307205,596194,188115,52858,03152,27538,06937,417
Bank overdraft
Bank loan
Trade Creditors 17,11217,44110,07517,24017,01622,45822,06415,50137,07245,11038,11620,62929,25724,56920,195
Group/Directors Accounts4,65310,65313,40313,403
other short term finances
hp & lease commitments
other current liabilities34,76520,46522,26329,69919,35919,71222,23514,117
total current liabilities51,87737,90632,33846,93936,37542,17044,29929,61837,07245,11038,11625,28239,91037,97233,598
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions2,6423,0463,8705,2616,9202,0968852,6822,327
total long term liabilities2,6423,0463,8705,2616,9202,0968852,6822,327
total liabilities54,51940,95236,20852,20043,29544,26645,18429,61839,75447,43738,11625,28239,91037,97233,598
net assets134,359133,066154,659158,669135,497136,727135,754143,689165,842146,75177,41232,74912,365973,819
total shareholders funds134,359133,066154,659158,669135,497136,727135,754143,689165,842146,75177,41232,74912,365973,819
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit-3,474-25,367-4,31828,503-1,887522-8,476-22,41523,35987,48357,90026,75016,537-3,7225,165
Depreciation8,0965,5967,3189,5786,4258,0987,36611,1909,7573631,7681,9922,6313,477
Amortisation
Tax-431-5,435-228-4,773-18,432-13,341-6,437-4,310-1,446
Stock-2,1794,097-2,6791,385-2,9883,623-1,416-323-1,0573,647559-2862,139-4,74512,317
Debtors12,277-955,601-13,92018,812-31,17026,588-1,131-17,172-2,32224,84411,048-2,2698,01514,094
Creditors-3297,366-7,165224-5,4423946,563-21,571-8,0386,99417,487-8,6284,6884,37420,195
Accruals and Deferred Income14,300-1,798-7,43610,340-353-2,5238,11814,117
Deferred Taxes & Provisions-404-824-1,391-1,6594,8241,211885-2,6823552,327
Cash flow from operations7,660-19,029-15,91454,086-12,25735,021-10,716-31,09740,32286,80437,0062,69119,03713980
Investing Activities
capital expenditure-15,247-9,762-20,4817,278-9,271-31,786-14,426-1,288-14,442
Change in Investments
cash flow from investments-15,247-9,762-20,4817,278-9,271-31,786-14,426-1,288-14,442
Financing Activities
Bank loans
Group/Directors Accounts-4,653-6,000-2,75013,403
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue100100
interest5,1983,7743081046576804412625052881047141
cash flow from financing5,1983,774308104657680541262505288-4,549-5,929-2,70913,503
cash and cash equivalents
cash-2,389-15,255-15,60654,190-21,36215,219-10,175-23,55731,55655,30618,031-4,52616,3281341
overdraft
change in cash-2,389-15,255-15,60654,190-21,36215,219-10,175-23,55731,55655,30618,031-4,52616,3281341

load restraint 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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Load Restraint Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for load restraint limited by selecting its closest rivals, whether from the MANUFACTURING sector, other micro companies, companies in NR27 area or any other competitors across 12 key performance metrics.

load restraint limited Ownership

LOAD RESTRAINT LIMITED group structure

Load Restraint Limited has no subsidiary companies.

Ultimate parent company

LOAD RESTRAINT LIMITED

01717696

LOAD RESTRAINT LIMITED Shareholders

mr urban frederick gregory 41%
mrs lynda louise gregory 39%
nathan gregory 20%

load restraint limited directors

Load Restraint Limited currently has 3 directors. The longest serving directors include Mr Urban Gregory (Jun 1991) and Mrs Lynda Gregory (Jun 1991).

officercountryagestartendrole
Mr Urban Gregory81 years Jun 1991- Director
Mrs Lynda Gregory73 years Jun 1991- Director
Mr Nathan GregoryUnited Kingdom46 years Apr 2018- Director

P&L

December 2023

turnover

385.9k

+12%

operating profit

-3.5k

0%

gross margin

30.3%

+1.1%

turnover

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

Balance Sheet

December 2023

net assets

134.4k

+0.01%

total assets

188.9k

+0.09%

cash

97.8k

-0.02%

net assets

Total assets minus all liabilities

load restraint limited company details

company number

01717696

Type

Private limited with Share Capital

industry

32990 - Other manufacturing n.e.c.

incorporation date

April 1983

age

42

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

-

address

unit 2, holt road ind est, holt rd, cromer, norfolk, NR27 9JW

Bank

LLOYDS TSB BANK PLC

Legal Advisor

-

load restraint 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 did not find charges/mortgages relating to load restraint limited.

load restraint limited 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.

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load restraint limited Companies House Filings - See Documents

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