lichfield studio glass limited
lichfield studio glass limited Company Information
Company Number
02452782
Next Accounts
Jun 2025
Shareholders
michael hagan
mrs julie hagan
Group Structure
View All
Industry
Manufacture of flat glass
Registered Address
10 woodville place, widnes, WA8 7PS
lichfield studio glass limited Estimated Valuation
Pomanda estimates the enterprise value of LICHFIELD STUDIO GLASS LIMITED at £32.4k based on a Turnover of £72.5k and 0.45x industry multiple (adjusted for size and gross margin).
lichfield studio glass limited Estimated Valuation
Pomanda estimates the enterprise value of LICHFIELD STUDIO GLASS LIMITED at £0 based on an EBITDA of £-8.3k and a 2.93x industry multiple (adjusted for size and gross margin).
lichfield studio glass limited Estimated Valuation
Pomanda estimates the enterprise value of LICHFIELD STUDIO GLASS LIMITED at £63.4k based on Net Assets of £29.6k and 2.14x industry multiple (adjusted for liquidity).
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Lichfield Studio Glass Limited Overview
Lichfield Studio Glass Limited is a live company located in widnes, WA8 7PS with a Companies House number of 02452782. It operates in the manufacture of flat glass sector, SIC Code 23110. Founded in December 1989, it's largest shareholder is michael hagan with a 98.1% stake. Lichfield Studio Glass Limited is a mature, micro sized company, Pomanda has estimated its turnover at £72.5k with healthy growth in recent years.
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Lichfield Studio Glass Limited Health Check
Pomanda's financial health check has awarded Lichfield Studio Glass Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
6 Weak
Size
annual sales of £72.5k, make it smaller than the average company (£17.5m)
- Lichfield Studio Glass Limited
£17.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 10%, show it is growing at a similar rate (9.2%)
- Lichfield Studio Glass Limited
9.2% - Industry AVG
Production
with a gross margin of 23.5%, this company has a higher cost of product (32%)
- Lichfield Studio Glass Limited
32% - Industry AVG
Profitability
an operating margin of -11.4% make it less profitable than the average company (5.2%)
- Lichfield Studio Glass Limited
5.2% - Industry AVG
Employees
with 2 employees, this is below the industry average (119)
2 - Lichfield Studio Glass Limited
119 - Industry AVG
Pay Structure
on an average salary of £41.7k, the company has an equivalent pay structure (£41.7k)
- Lichfield Studio Glass Limited
£41.7k - Industry AVG
Efficiency
resulting in sales per employee of £36.2k, this is less efficient (£149.5k)
- Lichfield Studio Glass Limited
£149.5k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (50 days)
- Lichfield Studio Glass Limited
50 days - Industry AVG
Creditor Days
its suppliers are paid after 6 days, this is quicker than average (52 days)
- Lichfield Studio Glass Limited
52 days - Industry AVG
Stock Days
it holds stock equivalent to 1 days, this is less than average (33 days)
- Lichfield Studio Glass Limited
33 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 1577 weeks, this is more cash available to meet short term requirements (13 weeks)
1577 weeks - Lichfield Studio Glass Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 3.8%, this is a lower level of debt than the average (50.4%)
3.8% - Lichfield Studio Glass Limited
50.4% - Industry AVG
LICHFIELD STUDIO GLASS LIMITED financials
Lichfield Studio Glass Limited's latest turnover from September 2023 is estimated at £72.5 thousand and the company has net assets of £29.6 thousand. According to their latest financial statements, Lichfield Studio Glass Limited has 2 employees and maintains cash reserves of £29.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | |||||||||||||||
| Tax | |||||||||||||||
| Profit After Tax | |||||||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | |||||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 2 | 2 | 2 | 2 | 2 | 2 | 2 | ||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 947 | 104 | 211 | 430 | 724 | 1,018 | 1,313 | 1,607 | |||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 947 | 104 | 211 | 430 | 724 | 1,018 | 1,313 | 1,607 | |||||||
| Stock & work in progress | 200 | 200 | 200 | 200 | 200 | 200 | 200 | 200 | 200 | 500 | 500 | 500 | 500 | 500 | 3,000 |
| Trade Debtors | 118 | 214 | 270 | 101 | 586 | 16,709 | 4,546 | 2,432 | 2,572 | 4,959 | 5,990 | 10,568 | 11,531 | 42,227 | 39,602 |
| Group Debtors | |||||||||||||||
| Misc Debtors | |||||||||||||||
| Cash | 29,483 | 41,585 | 24,632 | 18,871 | 24,888 | 31,820 | 12,227 | 15,439 | 12,218 | 4,368 | 2,819 | 591 | 2,081 | ||
| misc current assets | |||||||||||||||
| total current assets | 29,801 | 41,999 | 25,102 | 19,172 | 25,674 | 48,729 | 16,973 | 18,071 | 14,990 | 9,827 | 9,309 | 11,659 | 14,112 | 42,727 | 42,602 |
| total assets | 30,748 | 41,999 | 25,102 | 19,172 | 25,674 | 48,729 | 16,973 | 18,071 | 15,094 | 10,038 | 9,739 | 12,383 | 15,130 | 44,040 | 44,209 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 972 | 5,993 | 3,620 | 3,090 | 3,218 | 18,620 | 16,312 | 17,703 | 16,410 | 11,945 | 15,665 | 15,936 | 15,916 | 22,341 | 23,208 |
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | |||||||||||||||
| total current liabilities | 972 | 5,993 | 3,620 | 3,090 | 3,218 | 18,620 | 16,312 | 17,703 | 16,410 | 11,945 | 15,665 | 15,936 | 15,916 | 22,341 | 23,208 |
| loans | 24,928 | ||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 42 | 2,533 | 24,928 | ||||||||||||
| provisions | 180 | 21 | 9 | 46 | 51 | ||||||||||
| total long term liabilities | 180 | 21 | 42 | 2,542 | 24,974 | 24,979 | |||||||||
| total liabilities | 1,152 | 5,993 | 3,620 | 3,090 | 3,218 | 18,620 | 16,312 | 17,703 | 16,431 | 11,987 | 15,665 | 15,936 | 18,458 | 47,315 | 48,187 |
| net assets | 29,596 | 36,006 | 21,482 | 16,082 | 22,456 | 30,109 | 661 | 368 | -1,337 | -1,949 | -5,926 | -3,553 | -3,328 | -3,275 | -3,978 |
| total shareholders funds | 29,596 | 36,006 | 21,482 | 16,082 | 22,456 | 30,109 | 661 | 368 | -1,337 | -1,949 | -5,926 | -3,553 | -3,328 | -3,275 | -3,978 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 104 | 107 | 219 | 294 | 294 | 295 | 294 | 294 | |||||||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | -300 | -2,500 | 3,000 | ||||||||||||
| Debtors | -96 | -56 | 169 | -485 | -16,123 | 12,163 | 2,114 | -140 | -2,387 | -1,031 | -4,578 | -963 | -30,696 | 2,625 | 39,602 |
| Creditors | -5,021 | 2,373 | 530 | -128 | -15,402 | 2,308 | -1,391 | 1,293 | 4,465 | -3,720 | -271 | 20 | -6,425 | -867 | 23,208 |
| Accruals and Deferred Income | |||||||||||||||
| Deferred Taxes & Provisions | 180 | -21 | 21 | -9 | -37 | -5 | 51 | ||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -24,928 | 24,928 | |||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -42 | 42 | -2,533 | -22,395 | 24,928 | ||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -12,102 | 16,953 | 5,761 | -6,017 | -6,932 | 19,593 | -3,212 | 3,221 | 7,850 | 1,549 | 2,228 | -1,490 | 2,081 | ||
| overdraft | |||||||||||||||
| change in cash | -12,102 | 16,953 | 5,761 | -6,017 | -6,932 | 19,593 | -3,212 | 3,221 | 7,850 | 1,549 | 2,228 | -1,490 | 2,081 |
lichfield studio glass limited Credit Report and Business Information
Lichfield Studio Glass Limited Competitor Analysis
Perform a competitor analysis for lichfield studio glass limited by selecting its closest rivals, whether from the MANUFACTURING sector, other micro companies, companies in WA8 area or any other competitors across 12 key performance metrics.
lichfield studio glass limited Ownership
LICHFIELD STUDIO GLASS LIMITED group structure
Lichfield Studio Glass Limited has no subsidiary companies.
Ultimate parent company
LICHFIELD STUDIO GLASS LIMITED
02452782
lichfield studio glass limited directors
Lichfield Studio Glass Limited currently has 2 directors. The longest serving directors include Mr Michael Hagan (Nov 1992) and Mrs Julie Hagan (Nov 1992).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Hagan | England | 84 years | Nov 1992 | - | Director |
| Mrs Julie Hagan | England | 76 years | Nov 1992 | - | Director |
P&L
September 2023turnover
72.5k
+6%
operating profit
-8.3k
0%
gross margin
23.5%
-12.3%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
29.6k
-0.18%
total assets
30.7k
-0.27%
cash
29.5k
-0.29%
net assets
Total assets minus all liabilities
lichfield studio glass limited company details
company number
02452782
Type
Private limited with Share Capital
industry
23110 - Manufacture of flat glass
incorporation date
December 1989
age
36
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
September 2023
previous names
N/A
accountant
WALKER BEGLEY LIMITED
auditor
-
address
10 woodville place, widnes, WA8 7PS
Bank
-
Legal Advisor
-
lichfield studio glass 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 2 charges/mortgages relating to lichfield studio glass limited. Currently there are 2 open charges and 0 have been satisfied in the past.
lichfield studio glass 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 LICHFIELD STUDIO GLASS LIMITED. This can take several minutes, an email will notify you when this has completed.
lichfield studio glass limited Companies House Filings - See Documents
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