lanzante limited

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lanzante limited Company Information

Share LANZANTE LIMITED

Company Number

02330685

Shareholders

dean lanzante limited

charlotte lanzante

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Group Structure

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Industry

Maintenance and repair of motor vehicles

 

Registered Address

lanzante london road, petersfield, hampshire, GU31 4BQ

lanzante limited Estimated Valuation

£6.9m

Pomanda estimates the enterprise value of LANZANTE LIMITED at £6.9m based on a Turnover of £17.4m and 0.4x industry multiple (adjusted for size and gross margin).

lanzante limited Estimated Valuation

£15.7m

Pomanda estimates the enterprise value of LANZANTE LIMITED at £15.7m based on an EBITDA of £3.3m and a 4.81x industry multiple (adjusted for size and gross margin).

lanzante limited Estimated Valuation

£22.2m

Pomanda estimates the enterprise value of LANZANTE LIMITED at £22.2m based on Net Assets of £7.2m and 3.09x industry multiple (adjusted for liquidity).

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Lanzante Limited Overview

Lanzante Limited is a live company located in hampshire, GU31 4BQ with a Companies House number of 02330685. It operates in the maintenance and repair of motor vehicles sector, SIC Code 45200. Founded in December 1988, it's largest shareholder is dean lanzante limited with a 89% stake. Lanzante Limited is a mature, mid sized company, Pomanda has estimated its turnover at £17.4m with healthy growth in recent years.

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Lanzante Limited Health Check

Pomanda's financial health check has awarded Lanzante Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs

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Health Rating4.5out of 5
positive_score

5 Strong

positive_score

3 Regular

positive_score

4 Weak

size

Size

annual sales of £17.4m, make it larger than the average company (£699.4k)

£17.4m - Lanzante Limited

£699.4k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 6%, show it is growing at a slower rate (9.6%)

6% - Lanzante Limited

9.6% - Industry AVG

production

Production

with a gross margin of 34.2%, this company has a comparable cost of product (34.2%)

34.2% - Lanzante Limited

34.2% - Industry AVG

profitability

Profitability

an operating margin of 15.7% make it more profitable than the average company (5.4%)

15.7% - Lanzante Limited

5.4% - Industry AVG

employees

Employees

with 14 employees, this is above the industry average (9)

14 - Lanzante Limited

9 - Industry AVG

paystructure

Pay Structure

on an average salary of £31.4k, the company has an equivalent pay structure (£31.4k)

£31.4k - Lanzante Limited

£31.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £1.2m, this is more efficient (£110.4k)

£1.2m - Lanzante Limited

£110.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 24 days, this is earlier than average (34 days)

24 days - Lanzante Limited

34 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 25 days, this is quicker than average (42 days)

25 days - Lanzante Limited

42 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 322 days, this is more than average (28 days)

322 days - Lanzante Limited

28 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (13 weeks)

2 weeks - Lanzante Limited

13 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 64.8%, this is a similar level of debt than the average (65.8%)

64.8% - Lanzante Limited

65.8% - Industry AVG

LANZANTE LIMITED financials

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Lanzante Limited's latest turnover from December 2023 is estimated at £17.4 million and the company has net assets of £7.2 million. According to their latest financial statements, Lanzante Limited has 14 employees and maintains cash reserves of £574.7 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021May 2021May 2020May 2019May 2018May 2017May 2016May 2015May 2014May 2013May 2012May 2011May 2010
Turnover17,380,82212,309,12712,003,34111,553,19314,639,63216,540,5708,784,96818,051,37729,264,5143,799,4313,637,4852,421,2571,898,9502,925,8123,327,352
Other Income Or Grants000000000000000
Cost Of Sales11,430,1858,110,5227,998,9677,640,3649,229,71310,449,2965,342,43210,713,66717,241,0572,268,0012,131,9861,413,7981,095,7301,662,6651,900,662
Gross Profit5,950,6374,198,6064,004,3743,912,8295,409,9196,091,2743,442,5377,337,71012,023,4571,531,4301,505,4981,007,459803,2201,263,1481,426,690
Admin Expenses3,227,3564,112,4253,896,8803,854,0445,662,0425,515,6371,827,5484,764,31010,360,4681,324,2291,411,3901,033,286822,0131,260,042880,953
Operating Profit2,723,28186,181107,49458,785-252,123575,6371,614,9892,573,4001,662,989207,20194,108-25,827-18,7933,106545,737
Interest Payable80,81059,81955,07156,98644,01429,941219,180196,4440000000
Interest Receivable18,8116,620358661141,3657,8694,6422,712888104195277268135
Pre-Tax Profit2,661,28332,98152,7811,865-296,022547,0601,403,6782,381,5981,665,701208,08994,211-25,632-18,5163,374545,872
Tax-665,321-6,266-10,028-3540-103,941-266,699-452,504-333,140-41,618-19,78400-877-152,844
Profit After Tax1,995,96226,71542,7531,511-296,022443,1191,136,9791,929,0941,332,561166,47174,427-25,632-18,5162,497393,028
Dividends Paid000000000000000
Retained Profit1,995,96226,71542,7531,511-296,022443,1191,136,9791,929,0941,332,561166,47174,427-25,632-18,5162,497393,028
Employee Costs439,573493,010482,676406,945441,066348,732366,998411,2597,825,042930,296880,906666,696523,126768,903951,421
Number Of Employees1417171616121315294353325213239
EBITDA*3,265,351642,126417,319586,878269,362906,9251,776,4602,600,4881,763,632279,064148,745-5,09810,57343,140574,426

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021May 2021May 2020May 2019May 2018May 2017May 2016May 2015May 2014May 2013May 2012May 2011May 2010
Tangible Assets4,945,3065,347,9753,703,6533,920,3814,250,2374,126,9103,273,2862,320,833532,019356,645336,600299,743212,462179,000198,012
Intangible Assets1,9943,4034,8125,63400000000000
Investments & Other69,16069,1600000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets5,016,4605,420,5383,708,4653,926,0154,250,2374,126,9103,273,2862,320,833532,019356,645336,600299,743212,462179,000198,012
Stock & work in progress10,109,2856,126,3976,574,9254,575,1507,026,2495,567,7694,607,0926,599,935319,523153,790186,257191,400169,385112,66972,575
Trade Debtors1,151,6261,026,302350,236597,767602,3681,767,738287,9931,361,1683,746,410375,353358,013178,302153,073279,032324,380
Group Debtors24,71667,647109,97400008,6920000000
Misc Debtors3,603,1032,909,0594,319,4834,242,912985,102282,607194,9081,809,855000006,509496
Cash574,698141,916236,35781,90850,241178,426185,4792,962,136751,303333,61021,44919,97357,93353,00254,155
misc current assets000000000000000
total current assets15,463,42810,271,32111,590,9759,497,7378,663,9607,796,5405,275,47212,741,7864,817,236862,753565,719389,675380,391451,212451,606
total assets20,479,88815,691,85915,299,44013,423,75212,914,19711,923,4508,548,75815,062,6195,349,2551,219,398902,319689,418592,853630,212649,618
Bank overdraft107,524237,237239,85186,37687,37628,72528,69100000000
Bank loan000000029,4320000000
Trade Creditors 810,266856,024322,876696,149239,207411,202237,316810,6973,353,771589,836455,914321,712210,125225,380239,777
Group/Directors Accounts00067,02668,19768,29702400000005,533
other short term finances00000005,800,0000000000
hp & lease commitments027,27424,32335,25822,29223,32623,32614,3350000000
other current liabilities11,480,1998,866,9498,969,4776,534,8116,356,6255,456,9352,722,3584,028,7830000000
total current liabilities12,397,9899,987,4849,556,5277,419,6206,773,6975,988,4853,011,69110,683,4873,353,771589,836455,914321,712210,125225,380245,310
loans818,285273,573508,694768,269926,357400,615429,103456,7700000000
hp & lease commitments0165,453011,77318,58619,46042,7869,4620000000
Accruals and Deferred Income000000000000000
other liabilities0000000025,0968,28500000
provisions60,07857,77553,36084,47357,45180,76274,16958,87045,45228,90220,50116,2295,6199,20711,180
total long term liabilities878,363496,801562,054864,5151,002,394500,837546,058525,10270,54837,18720,50116,2295,6199,20711,180
total liabilities13,276,35210,484,28510,118,5818,284,1357,776,0916,489,3223,557,74911,208,5893,424,319627,023476,415337,941215,744234,587256,490
net assets7,203,5365,207,5745,180,8595,139,6175,138,1065,434,1284,991,0093,854,0301,924,936592,375425,904351,477377,109395,625393,128
total shareholders funds7,203,5365,207,5745,180,8595,139,6175,138,1065,434,1284,991,0093,854,0301,924,936592,375425,904351,477377,109395,625393,128
Dec 2023Dec 2022Dec 2021May 2021May 2020May 2019May 2018May 2017May 2016May 2015May 2014May 2013May 2012May 2011May 2010
Operating Activities
Operating Profit2,723,28186,181107,49458,785-252,123575,6371,614,9892,573,4001,662,989207,20194,108-25,827-18,7933,106545,737
Depreciation540,661554,536309,003526,685521,485331,288161,47127,088100,64371,86354,63720,72929,36640,03428,689
Amortisation1,4091,4098221,40800000000000
Tax-665,321-6,266-10,028-3540-103,941-266,699-452,504-333,140-41,618-19,78400-877-152,844
Stock3,982,888-448,528-451,324-2,451,0991,458,480960,677-1,992,8436,280,412165,733-32,467-5,14322,01556,71640,09472,575
Debtors776,437-776,6853,192,2233,253,209-462,8751,567,444-2,696,814-566,6953,371,05717,340179,71125,229-132,468-39,335324,876
Creditors-45,758533,14883,669456,942-171,995173,886-573,381-2,543,0742,763,935133,922134,202111,587-15,255-14,397239,777
Accruals and Deferred Income2,613,250-102,5282,612,852178,186899,6902,734,577-1,306,4254,028,7830000000
Deferred Taxes & Provisions2,3034,415-4,09127,022-23,3116,59315,29913,41816,5508,4014,27210,610-3,588-1,97311,180
Cash flow from operations410,5002,296,108358,822446,564-21,8591,189,9194,334,911-2,066,606674,187394,89692,86769,85567,48225,134275,088
Investing Activities
capital expenditure-137,992-2,198,858231,947-203,871-644,812-1,184,912-1,113,924-1,815,902-276,017-91,908-91,494-108,010-62,828-21,022-226,701
Change in Investments069,1600000000000000
cash flow from investments-137,992-2,268,018231,947-203,871-644,812-1,184,912-1,113,924-1,815,902-276,017-91,908-91,494-108,010-62,828-21,022-226,701
Financing Activities
Bank loans000000-29,43229,4320000000
Group/Directors Accounts00-68,197-1,171-10068,297-24024000000-5,5335,533
Other Short Term Loans 000000-5,800,0005,800,0000000000
Long term loans544,712-235,121-417,663-158,088525,742-28,488-27,667456,7700000000
Hire Purchase and Lease Commitments-192,727168,404-16,5556,153-1,908-23,32642,31523,7970000000
other long term liabilities0000000-25,09616,8118,28500000
share issue00000000000000100
interest-61,999-53,199-54,713-56,920-43,900-28,576-211,311-191,8022,712888104195277268135
cash flow from financing289,986-119,916-557,128-210,026479,834-12,093-6,026,3356,093,34119,5239,173104195277-5,2655,768
cash and cash equivalents
cash432,782-94,441186,11631,667-128,185-7,053-2,776,6572,210,833417,693312,1611,476-37,9604,931-1,15354,155
overdraft-129,713-2,614152,475-1,00058,6513428,69100000000
change in cash562,495-91,82733,64132,667-186,836-7,087-2,805,3482,210,833417,693312,1611,476-37,9604,931-1,15354,155

lanzante 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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Lanzante Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for lanzante limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mid companies, companies in GU31 area or any other competitors across 12 key performance metrics.

lanzante limited Ownership

LANZANTE LIMITED group structure

Lanzante Limited has no subsidiary companies.

Ultimate parent company

1 parent

LANZANTE LIMITED

02330685

LANZANTE LIMITED Shareholders

dean lanzante limited 89%
charlotte lanzante 5%
alexandra pugh 5%
dean lanzante 1%

lanzante limited directors

Lanzante Limited currently has 2 directors. The longest serving directors include Mr Dean Lanzante (Jul 2007) and Mrs Alex Pugh (Jan 2023).

officercountryagestartendrole
Mr Dean Lanzante50 years Jul 2007- Director
Mrs Alex PughUnited Kingdom44 years Jan 2023- Director

P&L

December 2023

turnover

17.4m

+41%

operating profit

2.7m

0%

gross margin

34.3%

+0.37%

turnover

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

Balance Sheet

December 2023

net assets

7.2m

+0.38%

total assets

20.5m

+0.31%

cash

574.7k

+3.05%

net assets

Total assets minus all liabilities

lanzante limited company details

company number

02330685

Type

Private limited with Share Capital

industry

45200 - Maintenance and repair of motor vehicles

incorporation date

December 1988

age

37

incorporated

UK

ultimate parent company

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

sleaford limited (May 1994)

accountant

THE MAK PRACTICE

auditor

-

address

lanzante london road, petersfield, hampshire, GU31 4BQ

Bank

-

Legal Advisor

-

lanzante 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 lanzante limited.

lanzante 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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lanzante limited Companies House Filings - See Documents

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