london & argyll limited

london & argyll limited Company Information

Share LONDON & ARGYLL LIMITED
Live 
MatureSmallDeclining

Company Number

02829096

Industry

Other personal service activities n.e.c.

 

Directors

Jamie Carson

Luke Carson

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Shareholders

luke dominic james carson

jamie anthony carson

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Group Structure

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Contact

Registered Address

35 ballards lane, london, N3 1XW

london & argyll limited Estimated Valuation

£1.9m

Pomanda estimates the enterprise value of LONDON & ARGYLL LIMITED at £1.9m based on a Turnover of £2.6m and 0.74x industry multiple (adjusted for size and gross margin).

london & argyll limited Estimated Valuation

£4.4m

Pomanda estimates the enterprise value of LONDON & ARGYLL LIMITED at £4.4m based on an EBITDA of £1m and a 4.41x industry multiple (adjusted for size and gross margin).

london & argyll limited Estimated Valuation

£16m

Pomanda estimates the enterprise value of LONDON & ARGYLL LIMITED at £16m based on Net Assets of £8.1m and 1.97x industry multiple (adjusted for liquidity).

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London & Argyll Limited Overview

London & Argyll Limited is a live company located in london, N3 1XW with a Companies House number of 02829096. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in June 1993, it's largest shareholder is luke dominic james carson with a 33.3% stake. London & Argyll Limited is a mature, small sized company, Pomanda has estimated its turnover at £2.6m with declining growth in recent years.

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London & Argyll Limited Health Check

Pomanda's financial health check has awarded London & Argyll Limited a 4.5 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

Health Check Image
Health Rating4.5out of 5
positive_score

4 Strong

positive_score

3 Regular

positive_score

5 Weak

size

Size

annual sales of £2.6m, make it larger than the average company (£1.2m)

£2.6m - London & Argyll Limited

£1.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (7.8%)

-3% - London & Argyll Limited

7.8% - Industry AVG

production

Production

with a gross margin of 41.6%, this company has a comparable cost of product (41.6%)

41.6% - London & Argyll Limited

41.6% - Industry AVG

profitability

Profitability

an operating margin of 38.3% make it more profitable than the average company (6.4%)

38.3% - London & Argyll Limited

6.4% - Industry AVG

employees

Employees

with 3 employees, this is below the industry average (15)

3 - London & Argyll Limited

15 - Industry AVG

paystructure

Pay Structure

on an average salary of £34.3k, the company has an equivalent pay structure (£34.3k)

£34.3k - London & Argyll Limited

£34.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £874.5k, this is more efficient (£103.5k)

£874.5k - London & Argyll Limited

£103.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 16 days, this is earlier than average (30 days)

16 days - London & Argyll Limited

30 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 0 days, this is quicker than average (40 days)

0 days - London & Argyll Limited

40 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 1256 days, this is more than average (40 days)

1256 days - London & Argyll Limited

40 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (38 weeks)

3 weeks - London & Argyll Limited

38 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 49.1%, this is a similar level of debt than the average (47.8%)

49.1% - London & Argyll Limited

47.8% - Industry AVG

LONDON & ARGYLL LIMITED financials

EXPORTms excel logo

London & Argyll Limited's latest turnover from December 2023 is estimated at £2.6 million and the company has net assets of £8.1 million. According to their latest financial statements, London & Argyll Limited has 3 employees and maintains cash reserves of £288.2 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover2,623,3672,556,5463,224,8862,852,7752,528,9834,182,9182,003,6642,283,0412,547,4266,560,09813,229,5806,853,5905,979,8566,833,0100
Other Income Or Grants000000000000000
Cost Of Sales1,533,2521,493,5141,927,2391,725,5391,517,5042,527,8811,195,6421,339,5341,501,3943,918,2907,714,2813,924,4223,406,3833,794,9740
Gross Profit1,090,1151,063,0321,297,6461,127,2361,011,4791,655,038808,023943,5071,046,0312,641,8075,515,3002,929,1682,573,4733,038,0360
Admin Expenses84,855-573,896682,752-167,16470,1291,006,349-140,1901,201,227699,3182,433,7715,201,7172,703,3492,767,8974,297,438-5,315,658
Operating Profit1,005,2601,636,928614,8941,294,400941,350648,689948,213-257,720346,713208,036313,583225,819-194,424-1,259,4025,315,658
Interest Payable311,063174,800142,813103,09000000000000
Interest Receivable13,4847,5414852672,9343,4321,7278104,4093,6381,5052,0341,8184,4383,480
Pre-Tax Profit707,6811,469,669472,5671,191,577944,284652,121949,940-256,910351,121211,673315,088227,853-192,606-1,254,9645,319,138
Tax-176,920-279,237-89,788-226,400-179,414-123,903-180,4890-70,224-44,451-72,470-54,68500-1,489,358
Profit After Tax530,7611,190,432382,779965,177764,870528,218769,451-256,910280,897167,222242,618173,168-192,606-1,254,9643,829,779
Dividends Paid000000000000000
Retained Profit530,7611,190,432382,779965,177764,870528,218769,451-256,910280,897167,222242,618173,168-192,606-1,254,9643,829,779
Employee Costs102,89798,38693,68088,94688,755113,838108,672111,959114,9002,016,0004,134,1352,149,7411,881,9372,089,0590
Number Of Employees333334444721507869800
EBITDA*1,007,4361,638,989616,6821,295,499942,643650,210950,003-255,614347,021208,399314,010226,322-193,833-1,258,7075,316,476

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets12,32814,5044,4426,2307,3298,62210,14311,9331,7492,0572,4202,8473,3503,9414,636
Intangible Assets000000000000000
Investments & Other147147147147147147147147147247247247247247247
Debtors (Due After 1 year)000000000000000
Total Fixed Assets12,47514,6514,5896,3777,4768,76910,29012,0801,8962,3042,6673,0943,5974,1884,883
Stock & work in progress5,279,6225,262,7085,214,3495,214,3495,214,3495,214,3494,633,7693,264,7682,366,2822,292,6072,283,1572,283,1572,270,5572,270,5573,270,806
Trade Debtors121,376148,543346,937228,238102,414260,77111,50179,2000506,5991,510,380657,777578,072711,233997,780
Group Debtors000000000000000
Misc Debtors10,252,0258,185,0065,600,6167,806,5643,606,9162,936,7772,209,7242,102,3661,584,428000000
Cash288,163225,517205,400182,401350,761431,525483,804206,810441,1321,322,325132,744469,421343,994383,3491,391,956
misc current assets000000000000000
total current assets15,941,18613,821,77411,367,30213,431,5529,274,4408,843,4227,338,7985,653,1444,391,8424,121,5313,926,2813,410,3553,192,6233,365,1395,660,542
total assets15,953,66113,836,42511,371,89113,437,9299,281,9168,852,1917,349,0885,665,2244,393,7384,123,8353,928,9483,413,4493,196,2203,369,3275,665,425
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 2,2761,6081,3853,63018,600011,626001,158,5181,130,853857,972813,911794,4121,835,546
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities4,790,1933,754,3863,780,5074,037,0794,211,2734,565,0183,578,5072,675,7201,147,324000000
total current liabilities4,792,4693,755,9943,781,8924,040,7094,229,8734,565,0183,590,1332,675,7201,147,3241,158,5181,130,853857,972813,911794,4121,835,546
loans3,040,0002,490,0001,190,0003,380,00000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions000000000000000
total long term liabilities3,040,0002,490,0001,190,0003,380,00000000000000
total liabilities7,832,4696,245,9944,971,8927,420,7094,229,8734,565,0183,590,1332,675,7201,147,3241,158,5181,130,853857,972813,911794,4121,835,546
net assets8,121,1927,590,4316,399,9996,017,2205,052,0434,287,1733,758,9552,989,5043,246,4142,965,3172,798,0952,555,4772,382,3092,574,9153,829,879
total shareholders funds8,121,1927,590,4316,399,9996,017,2205,052,0434,287,1733,758,9552,989,5043,246,4142,965,3172,798,0952,555,4772,382,3092,574,9153,829,879
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit1,005,2601,636,928614,8941,294,400941,350648,689948,213-257,720346,713208,036313,583225,819-194,424-1,259,4025,315,658
Depreciation2,1762,0611,7881,0991,2931,5211,7902,106308363427503591695818
Amortisation000000000000000
Tax-176,920-279,237-89,788-226,400-179,414-123,903-180,4890-70,224-44,451-72,470-54,68500-1,489,358
Stock16,91448,359000580,5801,369,001898,48673,6759,450012,6000-1,000,2493,270,806
Debtors2,039,8522,385,996-2,087,2494,325,472511,782976,32339,659597,1381,077,829-1,003,781852,60379,705-133,161-286,547997,780
Creditors668223-2,245-14,97018,600-11,62611,6260-1,158,51827,665272,88144,06119,499-1,041,1341,835,546
Accruals and Deferred Income1,035,807-26,121-256,572-174,194-353,745986,511902,7871,528,3961,147,324000000
Deferred Taxes & Provisions000000000000000
Cash flow from operations-189,775-1,100,5012,355,326-3,445,537-83,698-55,711275,267-222,842-885,9011,185,944-338,182123,393-41,173-1,013,0451,394,078
Investing Activities
capital expenditure0-12,12300000-12,290000000-5,454
Change in Investments00000000-10000000247
cash flow from investments0-12,12300000-12,29010000000-5,701
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans550,0001,300,000-2,190,0003,380,00000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue0000000020000000100
interest-297,579-167,259-142,328-102,8232,9343,4321,7278104,4093,6381,5052,0341,8184,4383,480
cash flow from financing252,4211,132,741-2,332,3283,277,1772,9343,4321,7278104,6093,6381,5052,0341,8184,4383,580
cash and cash equivalents
cash62,64620,11722,999-168,360-80,764-52,279276,994-234,322-881,1931,189,581-336,677125,427-39,355-1,008,6071,391,956
overdraft000000000000000
change in cash62,64620,11722,999-168,360-80,764-52,279276,994-234,322-881,1931,189,581-336,677125,427-39,355-1,008,6071,391,956

london & argyll 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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London & Argyll Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for london & argyll limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other small companies, companies in N 3 area or any other competitors across 12 key performance metrics.

london & argyll limited Ownership

LONDON & ARGYLL LIMITED group structure

London & Argyll Limited has 3 subsidiary companies.

LONDON & ARGYLL LIMITED Shareholders

luke dominic james carson 33.33%
jamie anthony carson 33.33%
benjamin paul carson 33.33%

london & argyll limited directors

London & Argyll Limited currently has 3 directors. The longest serving directors include Mr Jamie Carson (Sep 2014) and Mr Luke Carson (Sep 2014).

officercountryagestartendrole
Mr Jamie CarsonUnited Kingdom44 years Sep 2014- Director
Mr Luke CarsonUnited Kingdom47 years Sep 2014- Director
Mr Benjamin Carson44 years Sep 2014- Director

P&L

December 2023

turnover

2.6m

+3%

operating profit

1m

0%

gross margin

41.6%

-0.06%

turnover

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

Balance Sheet

December 2023

net assets

8.1m

+0.07%

total assets

16m

+0.15%

cash

288.2k

+0.28%

net assets

Total assets minus all liabilities

london & argyll limited company details

company number

02829096

Type

Private limited with Share Capital

industry

96090 - Other personal service activities n.e.c.

incorporation date

June 1993

age

31

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

lakelevel limited (January 1995)

accountant

-

auditor

-

address

35 ballards lane, london, N3 1XW

Bank

HSBC BANK PLC

Legal Advisor

-

london & argyll 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 14 charges/mortgages relating to london & argyll limited. Currently there are 2 open charges and 12 have been satisfied in the past.

london & argyll 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 LONDON & ARGYLL LIMITED. This can take several minutes, an email will notify you when this has completed.

london & argyll limited Companies House Filings - See Documents

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