Living Rooms Ltd

POWER SEARCH PRICING

SOLUTIONS

living rooms ltd Company Information

Live

MatureSmallRapid

Company Number

02472118

Website

www.living-rooms.co.uk

Registered Address

5 richbell place, london, WC1N 3LA

Industry

Hotels and similar accommodation

Telephone

02077926670

Next Accounts Due

June 2025

Group Structure

View All

Directors

Peter Lowy32 Years

Rakesh Bhalla32 Years

View All

Shareholders

peter michael lowy 51%

tracy lowy 49%

living rooms ltd Estimated Valuation

£9.8m

Pomanda estimates the enterprise value of LIVING ROOMS LTD at £9.8m based on an EBITDA of £1.9m and a 5.1x industry multiple (adjusted for size and gross margin).

Edit your figures and get a professional valuation report.

Living Rooms Ltd is a live company located in london, WC1N 3LA with a Companies House number of 02472118. It operates in the hotels and similar accommodation sector, SIC Code 55100. Founded in February 1990, it's largest shareholder is peter michael lowy with a 51% stake. Living Rooms Ltd is a mature, small sized company, Pomanda has estimated its turnover at £4.7m with rapid growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Living Rooms Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 3 areas for improvement. Company Health Check FAQs

Health Rating4out of 5

3 Strong

5 Regular

3 Weak

Size

annual sales of £4.7m, make it in line with the average company (£5.1m)

Growth

3 year (CAGR) sales growth of 40%, show it is growing at a faster rate (3.7%)

EXPORT

Living Rooms Ltd's latest turnover from September 2023 is estimated at £4.7 million and the company has net assets of -£3 million. According to their latest financial statements, Living Rooms Ltd has 81 employees and maintains cash reserves of £397.5 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Sep 2023	Sep 2022	Sep 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2012	Mar 2011	Mar 2010	Sep 2009
Turnover	4,712,339	2,260,262	1,037,054	1,703,984	8,145,471	7,467,164	6,576,225	4,545,674	3,411,806	2,663,298	2,342,346	2,248,414	2,017,867	913,014	1,600,565
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	1,741,497	901,695	570,574	690,118	6,531,062	6,127,120	5,408,676	5,123,013	3,289,223	1,918,546	1,535,559	1,428,275	1,281,757	550,724	1,150,751
Gross Profit	2,970,843	1,358,568	466,480	1,013,865	1,614,409	1,340,044	1,167,549	-577,339	122,583	744,752	806,787	820,139	736,110	362,290	449,814
Admin Expenses	1,533,538	-816,734	2,859,462	1,535,270	1,367,443	1,432,979	818,865	2,081,318	936,705	502,841	513,134	329,522	396,957	92,927	231,261
Operating Profit	1,437,305	2,175,302	-2,392,982	-521,405	246,966	-92,935	348,684	-2,658,657	-814,122	241,911	293,653	490,617	339,153	269,363	218,553
Interest Payable	37,963	57,292	63,385	61,443	55,165	76,612	101,733	75,849	6,826	2,629	0	0	0	0	0
Interest Receivable	20,256	10,283	491	296	0	0	0	0	0	0	0	0	0	0	0
Pre-Tax Profit	1,419,599	2,128,293	-2,455,876	-582,553	191,801	-169,547	246,951	-2,734,506	-820,948	239,282	293,653	364,389	243,317	186,475	151,162
Tax	-354,900	-404,376	0	0	-53,211	0	21,109	0	-8,119	-12,990	0	0	0	0	0
Profit After Tax	1,064,699	1,723,917	-2,455,876	-582,553	138,590	-169,547	268,060	-2,734,506	-829,067	226,292	293,653	364,389	243,317	186,475	151,162
Dividends Paid	0	0	0	0	0	0	0	0	0	0	1,000	350,000	525,000	0	0
Retained Profit	1,064,699	1,723,917	-2,455,876	-582,553	138,590	-169,547	268,060	-2,734,506	-829,067	226,292	292,653	14,389	-281,683	186,475	151,162
Employee Costs	1,801,745	1,464,589	863,900	955,284	930,879	759,401	703,534	534,959	337,185	295,266	539,585	481,182	489,966	213,805	473,492
Number Of Employees	81	71	47	50	50	43	41	32	20	22	15	17	15	18	18
EBITDA*	1,912,459	2,646,386	-1,687,966	-29,491	652,229	347,297	772,337	-2,197,120	-762,134	299,158	322,748	516,622	365,301	278,108	227,668

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Sep 2023	Sep 2022	Sep 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2012	Mar 2011	Mar 2010	Sep 2009
Tangible Assets	3,319,963	3,553,441	3,578,074	4,168,436	4,093,293	4,328,512	4,504,200	4,252,955	2,321,495	474,651	203,667	182,034	183,032	63,846	63,805
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Investments & Other	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2
Debtors (Due After 1 year)	0	0	0	240,299	240,299	152,000	152,000	0	0	0	0	0	0	0	0
Total Fixed Assets	3,319,965	3,553,443	3,578,076	4,408,737	4,333,594	4,480,514	4,656,202	4,252,957	2,321,497	474,653	203,669	182,036	183,034	63,848	63,807
Stock & work in progress	91,483	83,923	79,035	67,505	83,676	76,639	96,129	97,007	2,546	2,375	3,354	1,333	1,859	1,932	1,928
Trade Debtors	0	1,356	2,546	7,335	24,872	1,224	35,632	2,414	36,277	13,112	20,324	0	1,949	4,981	12,441
Group Debtors	89,340	136,072	230,459	0	28,735	3,735	0	0	0	227,296	969,701	683,944	532,840	641,635	641,635
Misc Debtors	490,005	775,771	703,430	1,032,861	626,256	941,783	647,575	275,014	511,774	143,768	35,673	40,241	26,850	98,036	106,188
Cash	397,458	412,792	501,229	481,084	109,913	5,903	327,084	392,483	40,665	505,095	337,304	499,661	220,427	111,109	121,545
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	1,068,286	1,409,914	1,516,699	1,588,785	873,452	1,029,284	1,106,420	766,918	591,262	891,646	1,366,356	1,225,179	783,925	857,693	883,737
total assets	4,388,251	4,963,357	5,094,775	5,997,522	5,207,046	5,509,798	5,762,622	5,019,875	2,912,759	1,366,299	1,570,025	1,407,215	966,959	921,541	947,544
Bank overdraft	11,980	23,025	84,499	353,033	0	24,787	201,971	267,970	432,103	0	57,811	0	0	62,826	274,137
Bank loan	186,350	376,875	812,500	307,326	256,410	187,500	140,000	0	0	55,440	0	0	0	0	0
Trade Creditors	398,950	1,044,589	1,062,673	371,723	525,564	743,215	506,732	910,301	493,827	186,880	58,732	130,868	66,523	225,537	107,571
Group/Directors Accounts	3,324,989	3,681,825	4,735,060	4,806,538	4,346,120	4,528,943	4,533,556	3,434,074	758,799	0	876,000	875,000	564,696	15,000	30,000
other short term finances	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	1,318	93,310	102,196	240,439	236,487	0	0	0	0	0	0	0
other current liabilities	3,232,689	3,810,211	4,189,128	2,705,774	1,826,823	1,597,529	1,307,660	1,472,209	1,315,769	451,875	227,960	344,478	293,260	294,014	398,147
total current liabilities	7,154,958	8,936,525	10,883,860	8,545,712	7,048,227	7,184,170	6,930,358	6,321,041	3,000,498	694,195	1,220,503	1,350,346	924,479	597,377	809,855
loans	0	92,000	0	520,833	576,923	812,500	1,115,262	1,322,524	26,445	83,300	0	0	0	0	0
hp & lease commitments	0	0	0	0	39,042	144,517	0	0	0	0	0	0	0	0	0
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other liabilities	0	0	0	0	0	0	178,843	342,960	117,960	0	0	0	0	0	0
provisions	233,762	0	0	264,186	293,510	257,857	257,858	21,109	21,109	12,990	0	0	0	0	0
total long term liabilities	233,762	92,000	0	785,019	909,475	1,214,874	1,551,963	1,686,593	165,514	96,290	0	0	0	0	0
total liabilities	7,388,720	9,028,525	10,883,860	9,330,731	7,957,702	8,399,044	8,482,321	8,007,634	3,166,012	790,485	1,220,503	1,350,346	924,479	597,377	809,855
net assets	-3,000,469	-4,065,168	-5,789,085	-3,333,209	-2,750,656	-2,889,246	-2,719,699	-2,987,759	-253,253	575,814	349,522	56,869	42,480	324,164	137,689
total shareholders funds	-3,000,469	-4,065,168	-5,789,085	-3,333,209	-2,750,656	-2,889,246	-2,719,699	-2,987,759	-253,253	575,814	349,522	56,869	42,480	324,164	137,689

	Sep 2023	Sep 2022	Sep 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2012	Mar 2011	Mar 2010	Sep 2009
Operating Activities
Operating Profit	1,437,305	2,175,302	-2,392,982	-521,405	246,966	-92,935	348,684	-2,658,657	-814,122	241,911	293,653	490,617	339,153	269,363	218,553
Depreciation	475,154	471,084	705,016	491,914	405,263	440,232	423,653	461,537	51,988	57,247	29,095	26,005	26,148	8,745	9,115
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	-354,900	-404,376	0	0	-53,211	0	21,109	0	-8,119	-12,990	0	0	0	0	0
Stock	7,560	4,888	11,530	-16,171	7,037	-19,490	-878	94,461	171	-979	2,021	-526	-73	4	1,928
Debtors	-333,854	-23,236	-344,060	360,333	-178,580	263,535	557,779	-270,623	163,875	-641,522	301,513	162,546	-183,013	-15,612	760,264
Creditors	-645,639	-18,084	690,950	-153,841	-217,651	236,483	-403,569	416,474	306,947	128,148	-72,136	64,345	-159,014	117,966	107,571
Accruals and Deferred Income	-577,522	-378,917	1,483,354	878,951	229,294	289,869	-164,549	156,440	863,894	223,915	-116,518	51,218	-754	-104,133	398,147
Deferred Taxes & Provisions	233,762	0	-264,186	-29,324	35,653	-1	236,749	0	8,119	12,990	0	0	0	0	0
Cash flow from operations	894,454	1,863,357	554,682	322,133	817,857	629,603	-94,824	-1,448,044	244,661	1,293,722	-169,440	470,165	388,619	307,549	-28,806
Investing Activities
capital expenditure	-241,676	-446,451	-114,654	-567,057	-170,044	-264,544	-674,898	-2,392,997	-1,898,832	-328,231	-50,728	-25,007	-145,334	-8,786	-72,920
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	2
cash flow from investments	-241,676	-446,451	-114,654	-567,057	-170,044	-264,544	-674,898	-2,392,997	-1,898,832	-328,231	-50,728	-25,007	-145,334	-8,786	-72,922
Financing Activities
Bank loans	-190,525	-435,625	505,174	50,916	68,910	47,500	140,000	0	-55,440	55,440	0	0	0	0	0
Group/Directors Accounts	-356,836	-1,053,235	-71,478	460,418	-182,823	-4,613	1,099,482	2,675,275	758,799	-876,000	1,000	310,304	549,696	-15,000	30,000
Other Short Term Loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long term loans	-92,000	92,000	-520,833	-56,090	-235,577	-302,762	-207,262	1,296,079	-56,855	83,300	0	0	0	0	0
Hire Purchase and Lease Commitments	0	0	-1,318	-131,034	-114,361	6,274	3,952	236,487	0	0	0	0	0	0	0
other long term liabilities	0	0	0	0	0	-178,843	-164,117	225,000	117,960	0	0	0	0	0	0
share issue	0	0	0	0	0	0	0	0	0	0	0	0	-1	0	-13,473
interest	-17,707	-47,009	-62,894	-61,147	-55,165	-76,612	-101,733	-75,849	-6,826	-2,629	0	0	0	0	0
cash flow from financing	-657,068	-1,443,869	-151,349	263,063	-519,016	-509,056	770,322	4,356,992	757,638	-739,889	1,000	310,304	549,695	-15,000	16,527
cash and cash equivalents
cash	-15,334	-88,437	20,145	371,171	104,010	-321,181	-65,399	351,818	-464,430	167,791	-162,357	279,234	109,318	-10,436	121,545
overdraft	-11,045	-61,474	-268,534	353,033	-24,787	-177,184	-65,999	-164,133	432,103	-57,811	57,811	0	-62,826	-211,311	274,137
change in cash	-4,289	-26,963	288,679	18,138	128,797	-143,997	600	515,951	-896,533	225,602	-220,168	279,234	172,144	200,875	-152,592

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for living rooms ltd. Get real-time insights into living rooms ltd's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for living rooms ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in WC1N area or any other competitors across 12 key performance metrics.

LIVING ROOMS LTD group structure

Living Rooms Ltd has 1 subsidiary company.

Ultimate parent company

LOWY HOLDINGS LIMITED

07088365

1 parent

LIVING ROOMS LTD

02472118

1 subsidiary

WESTMINSTER APARTMENT SERVICES LTD

03597846

LIVING ROOMS LTD Shareholders

peter michael lowy	51%
tracy lowy	49%

Living Rooms Ltd currently has 5 directors. The longest serving directors include Mr Peter Lowy (Jun 1992) and Mr Rakesh Bhalla (Jun 1992).

officer	country	age	start	end	role
Mr Peter Lowy	England	79 years	Jun 1992	-	Director
Mr Rakesh Bhalla		67 years	Jun 1992	-	Director
Mr Simon Perkins		60 years	Nov 2003	-	Director
Ms Tracy Lowy	England	57 years	Aug 2008	-	Director
Mr Stephen Lowy	England	43 years	Aug 2017	-	Director

P&L

September 2023

turnover

4.7m

+108%

operating profit

1.4m

gross margin

63.1%

+4.89%

turnover

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

Balance Sheet

September 2023

net assets

-3m

-0.26%

total assets

4.4m

-0.12%

cash

397.5k

-0.04%

net assets

Total assets minus all liabilities

Similar Companies

qmk paddington limited

h l p leisure limited

3.5

lse lets limited

doyle hotels (uk) limited

rose diamond d leicester 2005 ltd

company number

02472118

Type

Private limited with Share Capital

industry

55100 - Hotels and similar accommodation

incorporation date

February 1990

ultimate parent company

LOWY HOLDINGS LIMITED

previous names

westminster apartment services limited (August 2008)

address

5 richbell place, london, WC1N 3LA

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 4 charges/mortgages relating to living rooms ltd. Currently there are 2 open charges and 2 have been satisfied in the past.

living rooms ltd Company Information

living rooms ltd Estimated Valuation

living rooms ltd Estimated Valuation

living rooms ltd Estimated Valuation

Living Rooms Ltd Overview

Living Rooms Ltd Health Check

LIVING ROOMS LTD financials

living rooms ltd Credit Report and Business Information

Living Rooms Ltd Competitor Analysis

living rooms ltd Ownership

living rooms ltd directors

living rooms ltd company details

living rooms ltd Charges & Mortgages

living rooms ltd Companies House Filings - See Documents