lovell powerminster limited

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lovell powerminster limited Company Information

Share LOVELL POWERMINSTER LIMITED

Company Number

01870042

Directors

John Morgan

Patrick Boyle

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Shareholders

morgan sindall property services limited

Group Structure

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Industry

Specialised construction activities (other than scaffold erection) n.e.c.

 +1

Registered Address

kent house 14-17 market place, london, W1W 8AJ

lovell powerminster limited Estimated Valuation

£3.6m

Pomanda estimates the enterprise value of LOVELL POWERMINSTER LIMITED at £3.6m based on a Turnover of £8.1m and 0.45x industry multiple (adjusted for size and gross margin).

lovell powerminster limited Estimated Valuation

£9.3m

Pomanda estimates the enterprise value of LOVELL POWERMINSTER LIMITED at £9.3m based on an EBITDA of £2m and a 4.62x industry multiple (adjusted for size and gross margin).

lovell powerminster limited Estimated Valuation

£37.5m

Pomanda estimates the enterprise value of LOVELL POWERMINSTER LIMITED at £37.5m based on Net Assets of £16.4m and 2.29x industry multiple (adjusted for liquidity).

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Lovell Powerminster Limited Overview

Lovell Powerminster Limited is a live company located in london, W1W 8AJ with a Companies House number of 01870042. It operates in the other specialised construction activities n.e.c. sector, SIC Code 43999. Founded in December 1984, it's largest shareholder is morgan sindall property services limited with a 100% stake. Lovell Powerminster Limited is a mature, mid sized company, Pomanda has estimated its turnover at £8.1m with healthy growth in recent years.

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Lovell Powerminster Limited Health Check

Pomanda's financial health check has awarded Lovell Powerminster Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

5 Strong

positive_score

3 Regular

positive_score

3 Weak

size

Size

annual sales of £8.1m, make it larger than the average company (£6.1m)

£8.1m - Lovell Powerminster Limited

£6.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 6%, show it is growing at a slower rate (9.3%)

6% - Lovell Powerminster Limited

9.3% - Industry AVG

production

Production

with a gross margin of 25%, this company has a comparable cost of product (24.9%)

25% - Lovell Powerminster Limited

24.9% - Industry AVG

profitability

Profitability

an operating margin of 25% make it more profitable than the average company (6.3%)

25% - Lovell Powerminster Limited

6.3% - Industry AVG

employees

Employees

with 46 employees, this is above the industry average (31)

46 - Lovell Powerminster Limited

31 - Industry AVG

paystructure

Pay Structure

There is insufficient data available for this Key Performance Indicator!

- - Lovell Powerminster Limited

- - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £175.8k, this is equally as efficient (£179.7k)

£175.8k - Lovell Powerminster Limited

£179.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 477 days, this is later than average (56 days)

477 days - Lovell Powerminster Limited

56 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 25 days, this is quicker than average (39 days)

25 days - Lovell Powerminster Limited

39 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 0 days, this is less than average (14 days)

0 days - Lovell Powerminster Limited

14 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 21 weeks, this is average cash available to meet short term requirements (21 weeks)

21 weeks - Lovell Powerminster Limited

21 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 13.3%, this is a lower level of debt than the average (59.9%)

13.3% - Lovell Powerminster Limited

59.9% - Industry AVG

LOVELL POWERMINSTER LIMITED financials

EXPORTms excel logo

Lovell Powerminster Limited's latest turnover from December 2023 is £8.1 million and the company has net assets of £16.4 million. According to their latest financial statements, we estimate that Lovell Powerminster Limited has 46 employees and maintains cash reserves of £1 million 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 2010
Turnover8,085,0008,282,0007,774,0006,728,0009,140,0006,622,0006,444,0005,799,0004,641,0003,805,0003,715,0003,420,00012,974,00023,585,000
Other Income Or Grants
Cost Of Sales6,067,0005,083,0004,866,0004,421,0005,410,0004,767,0004,542,0004,075,0003,621,0002,737,0001,994,0002,311,00012,472,00022,664,000
Gross Profit2,018,0003,199,0002,908,0002,307,0003,730,0001,855,0001,902,0001,724,0001,020,0001,068,0001,721,0001,109,000502,000921,000
Admin Expenses300,000314,0002,822,000
Operating Profit2,018,0003,199,0002,908,0002,307,0003,730,0001,855,0001,902,0001,724,0001,020,0001,068,0001,421,000795,000502,000-1,901,000
Interest Payable3,000
Interest Receivable28,0008,0006,0008,00010,0006,00011,0006,0006,0004,00012,000
Pre-Tax Profit2,046,0003,207,0002,905,0002,313,0003,738,0001,865,0001,908,0002,035,0002,776,0001,074,0001,425,000807,000502,000-1,901,000
Tax-481,000-609,000-550,000-439,000-727,000-337,000-366,000-349,000-209,000-230,000-335,000-45,000-285,000495,000
Profit After Tax1,565,0002,598,0002,355,0001,874,0003,011,0001,528,0001,542,0001,686,0002,567,000844,0001,090,000762,000217,000-1,406,000
Dividends Paid1,800,0004,800,000
Retained Profit1,565,0002,598,0002,355,0001,874,0003,011,0001,528,0001,542,000-114,000-2,233,000844,0001,090,000762,000217,000-1,406,000
Employee Costs519,00010,062,000
Number Of Employees46515350624544382924252454199
EBITDA*2,018,0003,199,0002,908,0002,307,0003,730,0001,855,0001,902,0001,724,0001,020,0001,068,0001,421,000845,000544,000-1,857,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010
Tangible Assets1,039,0001,039,0001,039,0001,034,0001,036,0001,027,0001,027,0001,060,0001,188,0001,470,000
Intangible Assets
Investments & Other1,033,0001,034,0001,027,0001,027,0001,027,0001,027,0001,027,0001,027,0001,027,0001,027,0001,027,0001,027,000
Debtors (Due After 1 year)6,194,0005,786,0006,0006,0006,000
Total Fixed Assets7,227,0006,820,0001,033,0001,033,0001,033,0001,034,0001,036,0001,027,0001,027,0001,027,0001,027,0001,060,0001,188,0001,470,000
Stock & work in progress10,00050,00020,0005,00016,000
Trade Debtors10,583,0009,217,0001,456,0001,323,000275,000159,000123,000121,000840,000524,000402,000661,000778,0001,624,000
Group Debtors5,290,0005,228,0003,347,0002,632,000975,00019,0003,100,0003,100,0003,400,000
Misc Debtors3,0003,00012,00019,00042,0006,000453,00081,000130,000114,000336,000364,0001,547,000
Cash1,048,000698,000482,00077,0001,905,0001,477,0002,541,0001,612,000960,0001,558,0001,049,000349,0002,141,0001,967,000
misc current assets5,652,0004,336,0003,644,0001,159,00033,00090,000172,000
total current assets11,644,0009,968,00012,912,00010,964,0009,195,0005,485,0003,645,0002,186,0001,900,0005,312,0004,665,0004,779,0003,373,0005,310,000
total assets18,871,00016,788,00013,945,00011,997,00010,228,0006,519,0004,681,0003,213,0002,927,0006,339,0005,692,0005,839,0004,561,0006,780,000
Bank overdraft
Bank loan
Trade Creditors 431,00036,000153,000153,000170,000106,000207,000217,0001,455,000
Group/Directors Accounts1,200,0001,200,000
other short term finances
hp & lease commitments
other current liabilities2,073,0001,950,0001,741,0002,148,0002,253,0001,555,0001,245,0001,166,000766,000728,000989,0003,325,0002,799,0003,997,000
total current liabilities2,504,0001,986,0001,741,0002,148,0002,253,0001,555,0001,245,0001,319,000919,0002,098,0002,295,0003,532,0003,016,0005,452,000
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities2,504,0001,986,0001,741,0002,148,0002,253,0001,555,0001,245,0001,319,000919,0002,098,0002,295,0003,532,0003,016,0005,452,000
net assets16,367,00014,802,00012,204,0009,849,0007,975,0004,964,0003,436,0001,894,0002,008,0004,241,0003,397,0002,307,0001,545,0001,328,000
total shareholders funds16,367,00014,802,00012,204,0009,849,0007,975,0004,964,0003,436,0001,894,0002,008,0004,241,0003,397,0002,307,0001,545,0001,328,000
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010
Operating Activities
Operating Profit2,018,0003,199,0002,908,0002,307,0003,730,0001,855,0001,902,0001,724,0001,020,0001,068,0001,421,000795,000502,000-1,901,000
Depreciation50,00042,00044,000
Amortisation
Tax-481,000-609,000-550,000-439,000-727,000-337,000-366,000-349,000-209,000-230,000-335,000-45,000-285,000495,000
Stock-40,00030,00020,000-5,000-11,00016,000
Debtors1,774,0008,242,000207,0002,910,000814,0001,729,000530,000-366,000-2,814,000138,000-781,0003,255,000-2,029,0003,171,000
Creditors395,00036,000-153,000-17,00064,000-101,000-10,000-1,238,0001,455,000
Accruals and Deferred Income123,000209,000-407,000-105,000698,000310,00079,000400,00038,000-261,000-2,336,000526,000-1,198,0003,997,000
Deferred Taxes & Provisions
Cash flow from operations321,000-5,437,0001,724,000-1,142,0002,898,00083,000932,0002,141,0003,646,000503,000-570,000-1,939,000-148,000919,000
Investing Activities
capital expenditure1,039,000-5,0002,000-1,036,0001,027,00033,00078,000240,000-1,514,000
Change in Investments-1,0007,0001,027,000-1,027,0001,027,000
cash flow from investments1,0001,032,000-5,0002,000-1,036,0001,060,00078,000240,000-2,541,000
Financing Activities
Bank loans
Group/Directors Accounts-1,200,0001,200,000
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue2,734,000
interest28,0008,000-3,0006,0008,00010,0006,00011,0006,0006,0004,00012,000
cash flow from financing28,0008,000-3,0006,0008,00010,0006,00011,000-1,194,0006,0001,204,00012,0002,734,000
cash and cash equivalents
cash350,000216,000405,000-1,828,000428,000-1,064,000929,000652,000-598,000509,000700,000-1,792,000174,0001,967,000
overdraft
change in cash350,000216,000405,000-1,828,000428,000-1,064,000929,000652,000-598,000509,000700,000-1,792,000174,0001,967,000

lovell powerminster 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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Lovell Powerminster Limited Competitor Analysis

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Perform a competitor analysis for lovell powerminster limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other mid companies, companies in W 1 area or any other competitors across 12 key performance metrics.

lovell powerminster limited Ownership

LOVELL POWERMINSTER LIMITED group structure

Lovell Powerminster Limited has 1 subsidiary company.

LOVELL POWERMINSTER LIMITED Shareholders

morgan sindall property services limited 100%

lovell powerminster limited directors

Lovell Powerminster Limited currently has 5 directors. The longest serving directors include Mr John Morgan (Dec 2013) and Mr Patrick Boyle (Apr 2023).

officercountryagestartendrole
Mr John Morgan69 years Dec 2013- Director
Mr Patrick BoyleEngland57 years Apr 2023- Director
Mr Simon ButlerUnited Kingdom47 years Sep 2023- Director
Ms Joanne Jamieson49 years Apr 2024- Director
Culdip GangotraUnited Kingdom55 years May 2024- Director

P&L

December 2023

turnover

8.1m

-2%

operating profit

2m

-37%

gross margin

25%

-35.38%

turnover

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

Balance Sheet

December 2023

net assets

16.4m

+0.11%

total assets

18.9m

+0.12%

cash

1m

+0.5%

net assets

Total assets minus all liabilities

lovell powerminster limited company details

company number

01870042

Type

Private limited with Share Capital

industry

43999 - Specialised construction activities (other than scaffold erection) n.e.c.

43210 - Electrical installation

incorporation date

December 1984

age

41

incorporated

UK

ultimate parent company

accounts

Full Accounts

last accounts submitted

December 2023

previous names

powerminster gleeson services limited (July 2010)

powerminster limited (November 2007)

accountant

-

auditor

ERNST & YOUNG LLP

address

kent house 14-17 market place, london, W1W 8AJ

Bank

HSBC BANK PLC

Legal Advisor

-

lovell powerminster 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 1 charges/mortgages relating to lovell powerminster limited. Currently there are 0 open charges and 1 have been satisfied in the past.

lovell powerminster 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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lovell powerminster limited Companies House Filings - See Documents

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