langford properties limited
langford properties limited Company Information
Company Number
02588751
Website
-Registered Address
14 streamside, taunton, somerset, TA1 2LY
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Telephone
-
Next Accounts Due
April 2025
Group Structure
View All
Directors
Fiona Willcox33 Years
Shareholders
f.d. willcox 55.1%
p. willcox 29.5%
View Alllangford properties limited Estimated Valuation
Pomanda estimates the enterprise value of LANGFORD PROPERTIES LIMITED at £189.2k based on a Turnover of £58.6k and 3.23x industry multiple (adjusted for size and gross margin).
langford properties limited Estimated Valuation
Pomanda estimates the enterprise value of LANGFORD PROPERTIES LIMITED at £86.2k based on an EBITDA of £12.3k and a 7.01x industry multiple (adjusted for size and gross margin).
langford properties limited Estimated Valuation
Pomanda estimates the enterprise value of LANGFORD PROPERTIES LIMITED at £2.6m based on Net Assets of £1.6m and 1.62x industry multiple (adjusted for liquidity).
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Langford Properties Limited Overview
Langford Properties Limited is a live company located in somerset, TA1 2LY with a Companies House number of 02588751. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in March 1991, it's largest shareholder is f.d. willcox with a 55.1% stake. Langford Properties Limited is a mature, micro sized company, Pomanda has estimated its turnover at £58.6k with healthy growth in recent years.
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Langford Properties Limited Health Check
Pomanda's financial health check has awarded Langford Properties Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
5 Weak
Size
annual sales of £58.6k, make it smaller than the average company (£836.7k)
- Langford Properties Limited
£836.7k - Industry AVG
Growth
3 year (CAGR) sales growth of 5%, show it is growing at a faster rate (2.4%)
- Langford Properties Limited
2.4% - Industry AVG
Production
with a gross margin of 72.8%, this company has a comparable cost of product (72.8%)
- Langford Properties Limited
72.8% - Industry AVG
Profitability
an operating margin of 20.8% make it less profitable than the average company (26.2%)
- Langford Properties Limited
26.2% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Langford Properties Limited
4 - Industry AVG
Pay Structure
on an average salary of £31.2k, the company has an equivalent pay structure (£31.2k)
- Langford Properties Limited
£31.2k - Industry AVG
Efficiency
resulting in sales per employee of £58.6k, this is less efficient (£179k)
- Langford Properties Limited
£179k - Industry AVG
Debtor Days
it gets paid by customers after 9 days, this is earlier than average (32 days)
- Langford Properties Limited
32 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (35 days)
- Langford Properties Limited
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Langford Properties Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 22 weeks, this is more cash available to meet short term requirements (14 weeks)
22 weeks - Langford Properties Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 11.3%, this is a lower level of debt than the average (68.2%)
11.3% - Langford Properties Limited
68.2% - Industry AVG
LANGFORD PROPERTIES LIMITED financials
Langford Properties Limited's latest turnover from July 2023 is estimated at £58.6 thousand and the company has net assets of £1.6 million. According to their latest financial statements, Langford Properties Limited has 1 employee and maintains cash reserves of £44.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 100,955 | 98,488 | 100,247 | ||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | 65,869 | 55,372 | 74,323 | ||||||||||||
| Interest Payable | 12,976 | 14,548 | 14,255 | ||||||||||||
| Interest Receivable | 90 | 220 | 273 | ||||||||||||
| Pre-Tax Profit | 52,983 | 41,044 | 60,341 | ||||||||||||
| Tax | -10,597 | -8,248 | -12,029 | ||||||||||||
| Profit After Tax | 42,386 | 32,796 | 48,312 | ||||||||||||
| Dividends Paid | 25,000 | 25,000 | 25,000 | ||||||||||||
| Retained Profit | 17,386 | 7,796 | 23,312 | ||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 1 | 1 | 1 | 1 | 1 | 1 | 1 | ||||||||
| EBITDA* | 66,060 | 55,490 | 74,422 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 231 | 32 | 217 | 608 | 991 | 639 | 73 | 73 | 1,310,166 | 1,310,137 | 1,310,197 | 1,310,000 | 1,310,000 | 1,300,000 | 1,217,187 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 1,692,000 | 1,154,368 | 1,154,368 | 1,154,368 | 1,154,368 | 1,150,000 | 1,150,000 | 1,310,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 85,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,692,231 | 1,154,400 | 1,154,585 | 1,154,976 | 1,155,359 | 1,150,639 | 1,150,073 | 1,310,073 | 1,395,166 | 1,310,137 | 1,310,197 | 1,310,000 | 1,310,000 | 1,300,000 | 1,217,187 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 1,455 | 1,457 | 1,141 | 1,814 | 1,003 | 831 | 1,104 | 1,140 | 9,619 | 6,327 | 2 | 88,028 | 87,518 | 89,685 | 90,421 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 87,842 | 87,403 | 87,217 | 87,038 | 87,138 | 86,637 | 86,639 | 86,606 | 0 | 86,760 | 86,940 | 0 | 0 | 0 | 0 |
| Cash | 44,550 | 36,704 | 56,155 | 49,005 | 46,279 | 45,364 | 48,171 | 17,180 | 26,668 | 27,092 | 72,260 | 59,691 | 52,642 | 26,116 | 40,516 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 133,847 | 125,564 | 144,513 | 137,857 | 134,420 | 132,832 | 135,914 | 104,926 | 36,287 | 120,179 | 159,202 | 147,719 | 140,160 | 115,801 | 130,937 |
| total assets | 1,826,078 | 1,279,964 | 1,299,098 | 1,292,833 | 1,289,779 | 1,283,471 | 1,285,987 | 1,414,999 | 1,431,453 | 1,430,316 | 1,469,399 | 1,457,719 | 1,450,160 | 1,415,801 | 1,348,124 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 42,890 | 48,517 | 34,967 | 35,674 | 158,276 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 17,376 | 16,622 | 15,809 | 31,890 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 29 | 2,848 | 682 | 175 | 645 | 582 | 108 | 31 | 48 | 642 | 469 | 35,729 | 32,204 | 25,131 | 25,291 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 16,366 | 13,489 | 1,447 | 0 | 0 | 0 | 0 |
| other short term finances | 81,876 | 72,241 | 54,669 | 34,892 | 23,114 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 22,391 | 25,068 | 23,448 | 22,927 | 21,448 | 22,216 | 22,677 | 19,751 | 28,937 | 25,808 | 21,991 | 0 | 0 | 0 | 0 |
| total current liabilities | 104,296 | 100,157 | 96,175 | 74,616 | 61,016 | 54,688 | 65,675 | 68,299 | 80,318 | 75,613 | 182,183 | 35,729 | 32,204 | 25,131 | 25,291 |
| loans | 0 | 0 | 40,001 | 67,761 | 89,822 | 105,731 | 117,588 | 254,199 | 266,535 | 287,495 | 227,831 | 0 | 0 | 0 | 233,643 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 385,917 | 397,959 | 409,476 | 188,239 |
| provisions | 102,195 | 7 | 42 | 116 | 189 | 123 | 15 | 15 | 33 | 27 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 102,195 | 7 | 40,043 | 67,877 | 90,011 | 105,854 | 117,603 | 254,214 | 266,568 | 287,522 | 227,831 | 385,917 | 397,959 | 409,476 | 421,882 |
| total liabilities | 206,491 | 100,164 | 136,218 | 142,493 | 151,027 | 160,542 | 183,278 | 322,513 | 346,886 | 363,135 | 410,014 | 421,646 | 430,163 | 434,607 | 447,173 |
| net assets | 1,619,587 | 1,179,800 | 1,162,880 | 1,150,340 | 1,138,752 | 1,122,929 | 1,102,709 | 1,092,486 | 1,084,567 | 1,067,181 | 1,059,385 | 1,036,073 | 1,019,997 | 981,194 | 900,951 |
| total shareholders funds | 1,619,587 | 1,179,800 | 1,162,880 | 1,150,340 | 1,138,752 | 1,122,929 | 1,102,709 | 1,092,486 | 1,084,567 | 1,067,181 | 1,059,385 | 1,036,073 | 1,019,997 | 981,194 | 900,951 |
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 65,869 | 55,372 | 74,323 | ||||||||||||
| Depreciation | 103 | 185 | 391 | 543 | 399 | 190 | 80 | 92 | 191 | 118 | 99 | 0 | 187 | 186 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -10,597 | -8,248 | -12,029 | ||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 437 | 502 | -494 | 711 | 673 | -275 | -3 | -6,873 | 1,532 | 6,145 | -1,086 | 510 | -2,167 | -736 | 90,421 |
| Creditors | -2,819 | 2,166 | 507 | -470 | 63 | 474 | 77 | -17 | -594 | 173 | -35,260 | 3,525 | 7,073 | -160 | 25,291 |
| Accruals and Deferred Income | -2,677 | 1,620 | 521 | 1,479 | -768 | -461 | 2,926 | -9,186 | 3,129 | 3,817 | 21,991 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 102,188 | -35 | -74 | -73 | 66 | 108 | 0 | -18 | 6 | 27 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 56,472 | 45,114 | 50,210 | ||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 537,632 | 0 | 0 | 0 | 4,368 | 0 | -160,000 | 1,310,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | -17,376 | 754 | 813 | -16,081 | 31,890 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -16,366 | 2,877 | 12,042 | 1,447 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 9,635 | 17,572 | 19,777 | 11,778 | 23,114 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | -40,001 | -27,760 | -22,061 | -15,909 | -11,857 | -136,611 | -12,336 | -20,960 | 59,664 | 227,831 | 0 | 0 | -233,643 | 233,643 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -385,917 | -12,042 | -11,517 | 221,237 | 188,239 |
| share issue | |||||||||||||||
| interest | -12,886 | -14,328 | -13,982 | ||||||||||||
| cash flow from financing | -30,969 | 57,378 | -170,621 | ||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 7,846 | -19,451 | 7,150 | 2,726 | 915 | -2,807 | 30,991 | -9,488 | -424 | -45,168 | 12,569 | 7,049 | 26,526 | -14,400 | 40,516 |
| overdraft | 0 | 0 | 0 | 0 | 0 | -42,890 | -5,627 | 13,550 | -707 | -122,602 | 158,276 | 0 | 0 | 0 | 0 |
| change in cash | 7,846 | -19,451 | 7,150 | 2,726 | 915 | 40,083 | 36,618 | -23,038 | 283 | 77,434 | -145,707 | 7,049 | 26,526 | -14,400 | 40,516 |
langford properties limited Credit Report and Business Information
Langford Properties Limited Competitor Analysis
Perform a competitor analysis for langford properties limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in TA1 area or any other competitors across 12 key performance metrics.
langford properties limited Ownership
LANGFORD PROPERTIES LIMITED group structure
Langford Properties Limited has no subsidiary companies.
Ultimate parent company
LANGFORD PROPERTIES LIMITED
02588751
langford properties limited directors
Langford Properties Limited currently has 1 director, Mrs Fiona Willcox serving since Jul 1991.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Fiona Willcox | 64 years | Jul 1991 | - | Director |
P&L
July 2023turnover
58.6k
+9%
operating profit
12.2k
0%
gross margin
72.9%
+2%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
1.6m
+0.37%
total assets
1.8m
+0.43%
cash
44.6k
+0.21%
net assets
Total assets minus all liabilities
langford properties limited company details
company number
02588751
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
March 1991
age
33
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
dailyfirst limited (June 1992)
last accounts submitted
July 2023
address
14 streamside, taunton, somerset, TA1 2LY
accountant
BJP FINANCE LTD
auditor
-
langford properties 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 21 charges/mortgages relating to langford properties limited. Currently there are 18 open charges and 3 have been satisfied in the past.
langford properties limited Companies House Filings - See Documents
| date | description | view/download |
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