lateral property ventures limited
lateral property ventures limited Company Information
Company Number
01941407
Next Accounts
Jan 2026
Shareholders
lateral property group ltd
Group Structure
View All
Industry
Buying and selling of own real estate
Registered Address
suite 1, tilcon house, low moor lane, knaresborough, north yorkshire, HG5 9JN
Website
www.lateralproperty.co.uklateral property ventures limited Estimated Valuation
Pomanda estimates the enterprise value of LATERAL PROPERTY VENTURES LIMITED at £16.2m based on a Turnover of £6.7m and 2.41x industry multiple (adjusted for size and gross margin).
lateral property ventures limited Estimated Valuation
Pomanda estimates the enterprise value of LATERAL PROPERTY VENTURES LIMITED at £0 based on an EBITDA of £0 and a 5.16x industry multiple (adjusted for size and gross margin).
lateral property ventures limited Estimated Valuation
Pomanda estimates the enterprise value of LATERAL PROPERTY VENTURES LIMITED at £4m based on Net Assets of £2.5m and 1.58x industry multiple (adjusted for liquidity).
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Lateral Property Ventures Limited Overview
Lateral Property Ventures Limited is a live company located in knaresborough, HG5 9JN with a Companies House number of 01941407. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in August 1985, it's largest shareholder is lateral property group ltd with a 100% stake. Lateral Property Ventures Limited is a mature, mid sized company, Pomanda has estimated its turnover at £6.7m with healthy growth in recent years.
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Lateral Property Ventures Limited Health Check
Pomanda's financial health check has awarded Lateral Property Ventures Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
4 Weak
Size
annual sales of £6.7m, make it larger than the average company (£786.3k)
- Lateral Property Ventures Limited
£786.3k - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a faster rate (3.3%)
- Lateral Property Ventures Limited
3.3% - Industry AVG
Production
with a gross margin of 26%, this company has a higher cost of product (70.3%)
- Lateral Property Ventures Limited
70.3% - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- Lateral Property Ventures Limited
- - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - Lateral Property Ventures Limited
4 - Industry AVG
Pay Structure
on an average salary of £40.5k, the company has an equivalent pay structure (£40.5k)
- Lateral Property Ventures Limited
£40.5k - Industry AVG
Efficiency
resulting in sales per employee of £3.4m, this is more efficient (£185k)
- Lateral Property Ventures Limited
£185k - Industry AVG
Debtor Days
it gets paid by customers after 137 days, this is later than average (24 days)
- Lateral Property Ventures Limited
24 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (33 days)
- Lateral Property Ventures Limited
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Lateral Property Ventures Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Lateral Property Ventures Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 0.1%, this is a lower level of debt than the average (64.6%)
0.1% - Lateral Property Ventures Limited
64.6% - Industry AVG
LATERAL PROPERTY VENTURES LIMITED financials
Lateral Property Ventures Limited's latest turnover from April 2024 is estimated at £6.7 million and the company has net assets of £2.5 million. According to their latest financial statements, Lateral Property Ventures Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 935,333 | 9,091,702 | |||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 850,801 | 10,011,875 | |||||||||||||
| Gross Profit | 84,532 | -920,173 | |||||||||||||
| Admin Expenses | 119,282 | 169,668 | |||||||||||||
| Operating Profit | -34,750 | -1,089,841 | |||||||||||||
| Interest Payable | 517,997 | ||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | -34,750 | -1,089,841 | |||||||||||||
| Tax | -517,997 | ||||||||||||||
| Profit After Tax | -34,750 | -1,607,838 | |||||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | -34,750 | -1,607,838 | |||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 2 | 3 | 3 | 3 | 3 | 3 | 3 | ||||||||
| EBITDA* | -34,750 | -1,089,841 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,500 | 7,580,529 | 9,250,000 | 8,670,901 | 4,013 | ||||||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | 2,500 | 2,500 | 2,500 | 2,500 | 2,500 | 2,500 | 2,500 | ||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 2,500 | 2,500 | 2,500 | 2,500 | 7,583,029 | 9,252,500 | 8,673,401 | 6,513 | |||||||
| Stock & work in progress | 800,000 | 9,115,832 | 1,659,249 | 1,684,418 | 1,641,555 | 8,734,271 | |||||||||
| Trade Debtors | 2,550,950 | 2,550,950 | 2,550,979 | 2,554,131 | 2,556,101 | 2,599,501 | 2,614,128 | 3,146,159 | 2,000 | 43,479 | 100,870 | 99,032 | 47,891 | 34,231 | |
| Group Debtors | 4,063,510 | 3,522,616 | 1,979,052 | 1,934,360 | 2,107,557 | 2,052,552 | 2,587,404 | ||||||||
| Misc Debtors | 15,442 | 557,490 | 90,333 | 183,045 | 341,546 | 318,956 | 262,066 | ||||||||
| Cash | 238,504 | 209,171 | 75,560 | 29,943 | 216,887 | 895,195 | 51,922 | ||||||||
| misc current assets | |||||||||||||||
| total current assets | 2,550,950 | 2,550,950 | 2,550,979 | 2,554,131 | 2,556,101 | 2,599,501 | 2,614,128 | 3,146,159 | 4,317,456 | 5,091,277 | 11,304,256 | 3,907,467 | 4,449,440 | 4,956,149 | 11,669,894 |
| total assets | 2,550,950 | 2,550,950 | 2,550,979 | 2,554,131 | 2,556,101 | 2,599,501 | 2,614,128 | 3,148,659 | 4,319,956 | 5,093,777 | 11,306,756 | 11,490,496 | 13,701,940 | 13,629,550 | 11,676,407 |
| Bank overdraft | |||||||||||||||
| Bank loan | 181,872 | 297,278 | 234,224 | 232,960 | 223,292 | ||||||||||
| Trade Creditors | 3,050 | 3,050 | 2,050 | 2,572 | 2,072 | 650 | 1,401 | 96,496 | 25,987 | 228,624 | 148,258 | 166,191 | 147,502 | 158,681 | 111,437 |
| Group/Directors Accounts | 608,592 | 1,071,382 | 341,000 | 4,282 | 11,683 | 12,329 | 29,000 | ||||||||
| other short term finances | 533,618 | 433,618 | 733,618 | ||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 17,732 | 191,376 | 1,036,573 | 354,210 | 179,439 | 195,876 | 267,983 | ||||||||
| total current liabilities | 3,050 | 3,050 | 2,050 | 2,572 | 2,072 | 650 | 1,401 | 96,496 | 1,185,929 | 1,925,000 | 2,441,321 | 821,961 | 572,848 | 599,846 | 631,712 |
| loans | 4,088,820 | 4,969,027 | 6,419,913 | 6,655,402 | 6,890,864 | ||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 76,791 | 80,130 | 49,203 | ||||||||||||
| total long term liabilities | 4,088,820 | 5,045,818 | 6,500,043 | 6,704,605 | 6,890,864 | ||||||||||
| total liabilities | 3,050 | 3,050 | 2,050 | 2,572 | 2,072 | 650 | 1,401 | 96,496 | 1,185,929 | 1,925,000 | 6,530,141 | 5,867,779 | 7,072,891 | 7,304,451 | 7,522,576 |
| net assets | 2,547,900 | 2,547,900 | 2,548,929 | 2,551,559 | 2,554,029 | 2,598,851 | 2,612,727 | 3,052,163 | 3,134,027 | 3,168,777 | 4,776,615 | 5,622,717 | 6,629,049 | 6,325,099 | 4,153,831 |
| total shareholders funds | 2,547,900 | 2,547,900 | 2,548,929 | 2,551,559 | 2,554,029 | 2,598,851 | 2,612,727 | 3,052,163 | 3,134,027 | 3,168,777 | 4,776,615 | 5,622,717 | 6,629,049 | 6,325,099 | 4,153,831 |
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | -34,750 | -1,089,841 | |||||||||||||
| Depreciation | 18,510 | ||||||||||||||
| Amortisation | |||||||||||||||
| Tax | -517,997 | ||||||||||||||
| Stock | -800,000 | -8,315,832 | 7,456,583 | -25,169 | 42,863 | -7,092,716 | 8,734,271 | ||||||||
| Debtors | -29 | -3,152 | -1,970 | -43,400 | -14,627 | -532,031 | -932,793 | -3,154 | 1,969,242 | -105,411 | -329,860 | 128,736 | -464,302 | 2,883,701 | |
| Creditors | 1,000 | -522 | 500 | 1,422 | -751 | -95,095 | 70,509 | -202,637 | 80,366 | -17,933 | 18,689 | -11,179 | 47,244 | 111,437 | |
| Accruals and Deferred Income | -17,732 | -173,644 | -845,197 | 682,363 | 174,771 | -16,437 | -72,107 | 267,983 | |||||||
| Deferred Taxes & Provisions | -76,791 | -3,339 | 30,927 | 49,203 | |||||||||||
| Cash flow from operations | 392,123 | 3,973,921 | |||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | -2,500 | 2,500 | |||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | -181,872 | -115,406 | 63,054 | 1,264 | 9,668 | 223,292 | |||||||||
| Group/Directors Accounts | -608,592 | -462,790 | 730,382 | 336,718 | -7,401 | -646 | -16,671 | 29,000 | |||||||
| Other Short Term Loans | -533,618 | 100,000 | -300,000 | 733,618 | |||||||||||
| Long term loans | -4,088,820 | -880,207 | -1,450,886 | -235,489 | -235,462 | 6,890,864 | |||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | -517,997 | ||||||||||||||
| cash flow from financing | -362,790 | -4,358,307 | |||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -238,504 | 29,333 | 133,611 | 45,617 | -186,944 | -678,308 | 843,273 | 51,922 | |||||||
| overdraft | |||||||||||||||
| change in cash | -238,504 | 29,333 | 133,611 | 45,617 | -186,944 | -678,308 | 843,273 | 51,922 |
lateral property ventures limited Credit Report and Business Information
Lateral Property Ventures Limited Competitor Analysis
Perform a competitor analysis for lateral property ventures limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other mid companies, companies in HG5 area or any other competitors across 12 key performance metrics.
lateral property ventures limited Ownership
LATERAL PROPERTY VENTURES LIMITED group structure
Lateral Property Ventures Limited has 1 subsidiary company.
Ultimate parent company
1 parent
LATERAL PROPERTY VENTURES LIMITED
01941407
1 subsidiary
lateral property ventures limited directors
Lateral Property Ventures Limited currently has 2 directors. The longest serving directors include Mr Philip Lunn (Mar 2003) and Mr Steven Redshaw (Jan 2010).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Philip Lunn | United Kingdom | 52 years | Mar 2003 | - | Director |
| Mr Steven Redshaw | United Kingdom | 50 years | Jan 2010 | - | Director |
P&L
April 2024turnover
6.7m
+6%
operating profit
0
0%
gross margin
26%
-1.27%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2024net assets
2.5m
0%
total assets
2.6m
0%
cash
0
0%
net assets
Total assets minus all liabilities
lateral property ventures limited company details
company number
01941407
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
August 1985
age
40
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
April 2024
previous names
lunn property ventures limited (January 2010)
jack lunn (developments) limited (January 2006)
accountant
-
auditor
-
address
suite 1, tilcon house, low moor lane, knaresborough, north yorkshire, HG5 9JN
Bank
BARCLAYS BANK PLC
Legal Advisor
-
lateral property ventures 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 33 charges/mortgages relating to lateral property ventures limited. Currently there are 6 open charges and 27 have been satisfied in the past.
lateral property ventures 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.
Click to start generating capital raising & share issue transactions for LATERAL PROPERTY VENTURES LIMITED. This can take several minutes, an email will notify you when this has completed.
lateral property ventures limited Companies House Filings - See Documents
| date | description | view/download |
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