lt management services limited
lt management services limited Company Information
Company Number
02159755
Next Accounts
4 days late
Directors
Shareholders
lt pub management plc
Group Structure
View All
Industry
Management of real estate on a fee or contract basis
Registered Address
31 haverscroft industrial estate, new road, attleborough, norfolk, NR17 1YE
Website
www.ltmanagementservices.comlt management services limited Estimated Valuation
Pomanda estimates the enterprise value of LT MANAGEMENT SERVICES LIMITED at £8m based on a Turnover of £3.9m and 2.08x industry multiple (adjusted for size and gross margin).
lt management services limited Estimated Valuation
Pomanda estimates the enterprise value of LT MANAGEMENT SERVICES LIMITED at £0 based on an EBITDA of £-536.7k and a 5.49x industry multiple (adjusted for size and gross margin).
lt management services limited Estimated Valuation
Pomanda estimates the enterprise value of LT MANAGEMENT SERVICES LIMITED at £0 based on Net Assets of £-1.6m and 1.82x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Lt Management Services Limited Overview
Lt Management Services Limited is a live company located in attleborough, NR17 1YE with a Companies House number of 02159755. It operates in the management of real estate on a fee or contract basis sector, SIC Code 68320. Founded in August 1987, it's largest shareholder is lt pub management plc with a 100% stake. Lt Management Services Limited is a mature, small sized company, Pomanda has estimated its turnover at £3.9m with declining growth in recent years.
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Lt Management Services Limited Health Check
Pomanda's financial health check has awarded Lt Management Services Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 5 areas for improvement. Company Health Check FAQs
6 Strong
1 Regular
5 Weak
Size
annual sales of £3.9m, make it larger than the average company (£335.6k)
£3.9m - Lt Management Services Limited
£335.6k - Industry AVG
Growth
3 year (CAGR) sales growth of -13%, show it is growing at a slower rate (3.4%)
-13% - Lt Management Services Limited
3.4% - Industry AVG
Production
with a gross margin of 36%, this company has a higher cost of product (75.9%)
36% - Lt Management Services Limited
75.9% - Industry AVG
Profitability
an operating margin of -13.9% make it less profitable than the average company (7.7%)
-13.9% - Lt Management Services Limited
7.7% - Industry AVG
Employees
with 10 employees, this is above the industry average (6)
10 - Lt Management Services Limited
6 - Industry AVG
Pay Structure
on an average salary of £40.3k, the company has an equivalent pay structure (£40.3k)
- Lt Management Services Limited
£40.3k - Industry AVG
Efficiency
resulting in sales per employee of £386.1k, this is more efficient (£97k)
£386.1k - Lt Management Services Limited
£97k - Industry AVG
Debtor Days
it gets paid by customers after 7 days, this is earlier than average (49 days)
7 days - Lt Management Services Limited
49 days - Industry AVG
Creditor Days
its suppliers are paid after 178 days, this is slower than average (34 days)
178 days - Lt Management Services Limited
34 days - Industry AVG
Stock Days
it holds stock equivalent to 0 days, this is less than average (16 days)
0 days - Lt Management Services Limited
16 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 27 weeks, this is less cash available to meet short term requirements (49 weeks)
27 weeks - Lt Management Services Limited
49 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 129%, this is a higher level of debt than the average (55.3%)
129% - Lt Management Services Limited
55.3% - Industry AVG
LT MANAGEMENT SERVICES LIMITED financials
Lt Management Services Limited's latest turnover from June 2023 is £3.9 million and the company has net assets of -£1.6 million. According to their latest financial statements, Lt Management Services Limited has 10 employees and maintains cash reserves of £3.5 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Dec 2018 | Jan 2018 | Jan 2017 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 3,860,767 | 3,051,963 | 1,946,000 | 5,907,000 | 9,019,000 | 11,880,000 | 13,255,000 | 12,369,000 | 9,935,000 | 22,310,000 | 16,985,000 | 17,057,000 | 9,238,000 | 19,963,000 |
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | 2,470,195 | 1,610,033 | 1,078,000 | 2,770,000 | 3,884,000 | 6,875,000 | 9,505,000 | 7,986,000 | 5,411,000 | 18,103,000 | 13,641,000 | 14,393,000 | 8,130,000 | 18,576,000 |
| Gross Profit | 1,390,572 | 1,441,930 | 868,000 | 3,137,000 | 5,135,000 | 5,005,000 | 3,750,000 | 4,383,000 | 4,524,000 | 4,207,000 | 3,344,000 | 2,664,000 | 1,108,000 | 1,387,000 |
| Admin Expenses | 1,927,263 | 1,995,365 | 1,705,000 | |||||||||||
| Operating Profit | -536,691 | -553,435 | -837,000 | |||||||||||
| Interest Payable | 27,082 | 24,848 | ||||||||||||
| Interest Receivable | 352 | 26 | ||||||||||||
| Pre-Tax Profit | -563,421 | -578,257 | -837,000 | -1,363,000 | -62,000 | 160,000 | 71,000 | 574,000 | 553,000 | 626,000 | 504,000 | 933,000 | 843,000 | -605,000 |
| Tax | 850,627 | -287,044 | 369,000 | 188,000 | ||||||||||
| Profit After Tax | 287,206 | -865,301 | -468,000 | -1,363,000 | -62,000 | 160,000 | 71,000 | 574,000 | 553,000 | 626,000 | 504,000 | 1,121,000 | 843,000 | -605,000 |
| Dividends Paid | ||||||||||||||
| Retained Profit | 287,206 | -865,301 | -468,000 | -1,363,000 | -62,000 | 160,000 | 71,000 | 574,000 | 553,000 | 626,000 | 504,000 | 1,121,000 | 843,000 | -605,000 |
| Employee Costs | 7,000 | 921,000 | 727,000 | 855,000 | 2,132,000 | 1,394,000 | 2,537,000 | 4,123,000 | 3,769,000 | 4,010,000 | 2,026,000 | 5,955,000 | ||
| Number Of Employees | 10 | 13 | 9 | 66 | 689 | |||||||||
| EBITDA* | -536,691 | -553,435 | -837,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Dec 2018 | Jan 2018 | Jan 2017 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 8,000 | 10,000 | 8,000 | |||||||||||
| Intangible Assets | ||||||||||||||
| Investments & Other | 1,120,627 | 270,000 | ||||||||||||
| Debtors (Due After 1 year) | ||||||||||||||
| Total Fixed Assets | 1,120,627 | 270,000 | 8,000 | 10,000 | 8,000 | |||||||||
| Stock & work in progress | 2,962 | 12,795 | 4,000 | 16,000 | 80,000 | 132,000 | 148,000 | 194,000 | 154,000 | 567,000 | 432,000 | 624,000 | 246,000 | |
| Trade Debtors | 77,115 | 150,895 | 157,000 | 315,000 | 1,437,000 | 2,034,000 | 1,739,000 | 1,199,000 | 806,000 | 1,589,000 | 1,021,000 | 1,452,000 | 817,000 | 1,228,000 |
| Group Debtors | 785,000 | 1,230,000 | 1,491,000 | 1,502,000 | 1,600,000 | 1,594,000 | 1,488,000 | 1,930,000 | 387,000 | |||||
| Misc Debtors | 853,587 | 826,215 | 981,000 | 685,000 | 1,160,000 | 1,718,000 | 1,386,000 | 1,119,000 | 1,580,000 | 1,952,000 | 1,151,000 | 1,291,000 | 462,000 | 946,000 |
| Cash | 3,538,995 | 6,921,776 | 263,000 | 1,284,000 | 2,073,000 | 1,403,000 | 719,000 | 1,469,000 | 761,000 | 2,855,000 | 1,287,000 | 908,000 | 453,000 | 263,000 |
| misc current assets | ||||||||||||||
| total current assets | 4,472,659 | 7,911,681 | 1,405,000 | 2,300,000 | 5,535,000 | 6,517,000 | 5,483,000 | 5,483,000 | 4,901,000 | 8,557,000 | 5,379,000 | 6,205,000 | 2,365,000 | 2,437,000 |
| total assets | 5,593,286 | 8,181,681 | 1,405,000 | 2,300,000 | 5,543,000 | 6,527,000 | 5,491,000 | 5,483,000 | 4,901,000 | 8,557,000 | 5,379,000 | 6,205,000 | 2,365,000 | 2,437,000 |
| Bank overdraft | 744,203 | 736,968 | ||||||||||||
| Bank loan | 250,000 | |||||||||||||
| Trade Creditors | 1,210,858 | 542,403 | 571,000 | 1,013,000 | 4,037,000 | 3,812,000 | 2,546,000 | 2,056,000 | 1,258,000 | 3,402,000 | 1,219,000 | 1,254,000 | 799,000 | 1,009,000 |
| Group/Directors Accounts | 504,892 | 620,458 | 388,000 | 337,000 | 289,000 | 1,130,000 | 1,633,000 | 1,941,000 | 1,235,000 | 1,990,000 | 860,000 | 275,000 | ||
| other short term finances | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| other current liabilities | 4,244,632 | 7,443,605 | 242,000 | 278,000 | 432,000 | 738,000 | 625,000 | 870,000 | 1,366,000 | 2,676,000 | 2,297,000 | 2,732,000 | 1,328,000 | 1,758,000 |
| total current liabilities | 6,704,585 | 9,343,434 | 1,451,000 | 1,628,000 | 4,758,000 | 5,680,000 | 4,804,000 | 4,867,000 | 3,859,000 | 8,068,000 | 3,516,000 | 4,846,000 | 2,127,000 | 3,042,000 |
| loans | 513,248 | 750,000 | 1,000,000 | 1,250,000 | ||||||||||
| hp & lease commitments | ||||||||||||||
| Accruals and Deferred Income | ||||||||||||||
| other liabilities | ||||||||||||||
| provisions | ||||||||||||||
| total long term liabilities | 513,248 | 750,000 | 1,000,000 | 1,250,000 | ||||||||||
| total liabilities | 7,217,833 | 10,093,434 | 2,451,000 | 2,878,000 | 4,758,000 | 5,680,000 | 4,804,000 | 4,867,000 | 3,859,000 | 8,068,000 | 3,516,000 | 4,846,000 | 2,127,000 | 3,042,000 |
| net assets | -1,624,547 | -1,911,753 | -1,046,000 | -578,000 | 785,000 | 847,000 | 687,000 | 616,000 | 1,042,000 | 489,000 | 1,863,000 | 1,359,000 | 238,000 | -605,000 |
| total shareholders funds | -1,624,547 | -1,911,753 | -1,046,000 | -578,000 | 785,000 | 847,000 | 687,000 | 616,000 | 1,042,000 | 489,000 | 1,863,000 | 1,359,000 | 238,000 | -605,000 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Dec 2018 | Jan 2018 | Jan 2017 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | -536,691 | -553,435 | -837,000 | |||||||||||
| Depreciation | 1,000 | |||||||||||||
| Amortisation | ||||||||||||||
| Tax | 850,627 | -287,044 | 369,000 | 188,000 | ||||||||||
| Stock | -9,833 | 8,795 | -12,000 | 16,000 | -68,000 | -16,000 | 148,000 | 40,000 | -413,000 | 135,000 | -192,000 | 378,000 | 246,000 | |
| Debtors | -46,408 | -160,890 | 138,000 | 1,000,000 | -1,234,000 | 366,000 | 4,616,000 | -166,000 | -1,149,000 | 1,475,000 | -1,013,000 | 3,007,000 | -508,000 | 2,174,000 |
| Creditors | 668,455 | -28,597 | -442,000 | 1,013,000 | 1,491,000 | 1,266,000 | 2,546,000 | 798,000 | -2,144,000 | 2,183,000 | -35,000 | 455,000 | -210,000 | 1,009,000 |
| Accruals and Deferred Income | -3,198,973 | 7,201,605 | -36,000 | 278,000 | -193,000 | 113,000 | 625,000 | -496,000 | -1,310,000 | 379,000 | -435,000 | 1,404,000 | -430,000 | 1,758,000 |
| Deferred Taxes & Provisions | ||||||||||||||
| Cash flow from operations | -2,160,341 | 6,484,624 | -1,072,000 | |||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 850,627 | 270,000 | ||||||||||||
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | -250,000 | 250,000 | ||||||||||||
| Group/Directors Accounts | -115,566 | 232,458 | 51,000 | 337,000 | -1,344,000 | -503,000 | 1,633,000 | 706,000 | -755,000 | 1,990,000 | -860,000 | 860,000 | -275,000 | 275,000 |
| Other Short Term Loans | ||||||||||||||
| Long term loans | -236,752 | -250,000 | -250,000 | 1,250,000 | ||||||||||
| Hire Purchase and Lease Commitments | ||||||||||||||
| other long term liabilities | ||||||||||||||
| share issue | ||||||||||||||
| interest | -26,730 | -24,822 | ||||||||||||
| cash flow from financing | -379,048 | -292,816 | 51,000 | 2,372,000 | -1,184,000 | -503,000 | 2,249,000 | -294,000 | -755,000 | -10,000 | -860,000 | 860,000 | -275,000 | 275,000 |
| cash and cash equivalents | ||||||||||||||
| cash | -3,382,781 | 6,658,776 | -1,021,000 | 1,284,000 | 1,354,000 | 684,000 | 719,000 | 708,000 | -2,094,000 | 1,568,000 | 379,000 | 455,000 | 190,000 | 263,000 |
| overdraft | 7,235 | 736,968 | ||||||||||||
| change in cash | -3,390,016 | 5,921,808 | -1,021,000 | 1,284,000 | 1,354,000 | 684,000 | 719,000 | 708,000 | -2,094,000 | 1,568,000 | 379,000 | 455,000 | 190,000 | 263,000 |
lt management services limited Credit Report and Business Information
Lt Management Services Limited Competitor Analysis
Perform a competitor analysis for lt management services limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in NR17 area or any other competitors across 12 key performance metrics.
lt management services limited Ownership
LT MANAGEMENT SERVICES LIMITED group structure
Lt Management Services Limited has no subsidiary companies.
Ultimate parent company
BURAC TRADE & INVEST CORP
#0083223
2 parents
LT MANAGEMENT SERVICES LIMITED
02159755
lt management services limited directors
Lt Management Services Limited currently has 1 director, Mr William Buchanan serving since Nov 2008.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr William Buchanan | 59 years | Nov 2008 | - | Director |
P&L
June 2023turnover
3.9m
+27%
operating profit
-536.7k
-3%
gross margin
36.1%
-23.76%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
-1.6m
-0.15%
total assets
5.6m
-0.32%
cash
3.5m
-0.49%
net assets
Total assets minus all liabilities
lt management services limited company details
company number
02159755
Type
Private limited with Share Capital
industry
68320 - Management of real estate on a fee or contract basis
incorporation date
August 1987
age
38
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
June 2023
previous names
london town management services limited (February 2011)
jonathan alexander limited (November 2008)
accountant
-
auditor
LOVEWELL BLAKE LLP
address
31 haverscroft industrial estate, new road, attleborough, norfolk, NR17 1YE
Bank
-
Legal Advisor
-
lt management services 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 5 charges/mortgages relating to lt management services limited. Currently there are 1 open charges and 4 have been satisfied in the past.
lt management services 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 LT MANAGEMENT SERVICES LIMITED. This can take several minutes, an email will notify you when this has completed.
lt management services limited Companies House Filings - See Documents
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