lgc limited
lgc limited Company Information
Company Number
02991879
Website
www.lgcgroup.comRegistered Address
queens road, teddington, middlesex, TW11 0LY
Industry
Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
Telephone
01463704000
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
lgc (holdings) limited 100%
lgc limited Estimated Valuation
Pomanda estimates the enterprise value of LGC LIMITED at £146m based on a Turnover of £142.5m and 1.02x industry multiple (adjusted for size and gross margin).
lgc limited Estimated Valuation
Pomanda estimates the enterprise value of LGC LIMITED at £67.3m based on an EBITDA of £8.1m and a 8.34x industry multiple (adjusted for size and gross margin).
lgc limited Estimated Valuation
Pomanda estimates the enterprise value of LGC LIMITED at £228.9m based on Net Assets of £100.9m and 2.27x industry multiple (adjusted for liquidity).
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Lgc Limited Overview
Lgc Limited is a live company located in middlesex, TW11 0LY with a Companies House number of 02991879. It operates in the other professional, scientific and technical activities n.e.c. sector, SIC Code 74909. Founded in November 1994, it's largest shareholder is lgc (holdings) limited with a 100% stake. Lgc Limited is a mature, mega sized company, Pomanda has estimated its turnover at £142.5m with low growth in recent years.
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Lgc Limited Health Check
Pomanda's financial health check has awarded Lgc Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 6 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
6 Weak
Size
annual sales of £142.5m, make it larger than the average company (£1.6m)
£142.5m - Lgc Limited
£1.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (5.5%)
2% - Lgc Limited
5.5% - Industry AVG
Production
with a gross margin of 37.7%, this company has a comparable cost of product (44.7%)
37.7% - Lgc Limited
44.7% - Industry AVG
Profitability
an operating margin of -5.1% make it less profitable than the average company (6.3%)
-5.1% - Lgc Limited
6.3% - Industry AVG
Employees
with 1008 employees, this is above the industry average (15)
1008 - Lgc Limited
15 - Industry AVG
Pay Structure
on an average salary of £58.6k, the company has a higher pay structure (£47.2k)
£58.6k - Lgc Limited
£47.2k - Industry AVG
Efficiency
resulting in sales per employee of £141.4k, this is more efficient (£111k)
£141.4k - Lgc Limited
£111k - Industry AVG
Debtor Days
it gets paid by customers after 21 days, this is earlier than average (57 days)
21 days - Lgc Limited
57 days - Industry AVG
Creditor Days
its suppliers are paid after 60 days, this is slower than average (33 days)
60 days - Lgc Limited
33 days - Industry AVG
Stock Days
it holds stock equivalent to 116 days, this is more than average (29 days)
116 days - Lgc Limited
29 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 15 weeks, this is less cash available to meet short term requirements (33 weeks)
15 weeks - Lgc Limited
33 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 57.9%, this is a higher level of debt than the average (52%)
57.9% - Lgc Limited
52% - Industry AVG
LGC LIMITED financials
Lgc Limited's latest turnover from March 2023 is £142.5 million and the company has net assets of £100.9 million. According to their latest financial statements, Lgc Limited has 1,008 employees and maintains cash reserves of £36.3 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 142,538,000 | 156,353,000 | 139,742,000 | 132,977,000 | 127,192,000 | 131,054,000 | 122,041,000 | 103,209,000 | 99,363,000 | 98,332,000 | 96,073,000 | 86,319,000 | 79,477,000 | 83,348,000 |
| Other Income Or Grants | 0 | 0 | 0 | |||||||||||
| Cost Of Sales | 88,744,000 | 95,376,000 | 86,456,000 | |||||||||||
| Gross Profit | 53,794,000 | 60,977,000 | 53,286,000 | |||||||||||
| Admin Expenses | 61,117,000 | 83,023,000 | 73,317,000 | |||||||||||
| Operating Profit | -7,323,000 | -22,046,000 | -20,031,000 | 1,421,000 | 5,345,000 | -8,570,000 | -202,000 | -2,671,000 | 7,701,000 | 6,070,000 | 6,915,000 | 6,472,000 | 8,125,000 | 7,162,000 |
| Interest Payable | 13,367,000 | 10,816,000 | 10,881,000 | 11,623,000 | 18,967,000 | 12,595,000 | 10,487,000 | 7,514,000 | 5,642,000 | 4,536,000 | 2,256,000 | 1,981,000 | 835,000 | 1,112,000 |
| Interest Receivable | 3,933,000 | 4,605,000 | 3,556,000 | 3,471,000 | 12,585,000 | 10,297,000 | 3,135,000 | 5,973,000 | 4,300,000 | 2,972,000 | 914,000 | 6,000 | 109,000 | 1,117,000 |
| Pre-Tax Profit | 23,123,000 | -28,257,000 | -27,356,000 | -6,731,000 | -640,000 | 8,064,000 | -6,859,000 | -6,387,000 | 7,437,000 | 4,252,000 | 5,582,000 | 4,488,000 | 1,961,000 | -1,021,000 |
| Tax | -1,805,000 | 4,713,000 | 384,000 | 2,577,000 | -19,000 | 974,000 | 840,000 | 253,000 | 5,166,000 | 0 | 0 | 0 | 13,000 | 0 |
| Profit After Tax | 21,318,000 | -23,544,000 | -26,972,000 | -4,154,000 | -659,000 | 9,038,000 | -6,019,000 | -6,134,000 | 12,603,000 | 4,252,000 | 5,582,000 | 4,488,000 | 1,974,000 | -1,021,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 21,318,000 | -23,544,000 | -26,972,000 | -4,154,000 | -1,108,000 | 6,262,000 | -4,255,000 | -6,134,000 | 12,603,000 | 4,252,000 | 5,582,000 | 4,488,000 | 1,974,000 | -1,021,000 |
| Employee Costs | 59,090,000 | 62,932,000 | 56,247,000 | 47,901,000 | 43,364,000 | 43,436,000 | 58,354,000 | 58,190,000 | 54,007,000 | 52,473,000 | 50,671,000 | 44,258,000 | 41,718,000 | 40,631,000 |
| Number Of Employees | 1,008 | 1,166 | 1,024 | 981 | 966 | 1,265 | 1,437 | 1,360 | 1,307 | 1,344 | 1,323 | 1,386 | 1,098 | 1,032 |
| EBITDA* | 8,062,000 | -6,918,000 | -7,738,000 | 12,621,000 | 11,419,000 | -3,493,000 | 5,815,000 | 3,332,000 | 13,705,000 | 12,313,000 | 11,949,000 | 10,597,000 | 11,359,000 | 10,409,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 36,864,000 | 41,239,000 | 43,961,000 | 43,198,000 | 18,430,000 | 18,728,000 | 16,210,000 | 14,952,000 | 15,639,000 | 16,297,000 | 15,194,000 | 14,629,000 | 13,633,000 | 10,000,000 |
| Intangible Assets | 23,672,000 | 34,705,000 | 34,160,000 | 32,393,000 | 30,979,000 | 28,047,000 | 30,675,000 | 28,779,000 | 28,750,000 | 4,929,000 | 4,744,000 | 3,820,000 | 4,070,000 | 4,320,000 |
| Investments & Other | 5,870,000 | 14,768,000 | 9,276,000 | 13,398,000 | 7,229,000 | 5,911,000 | 5,870,000 | 6,799,000 | 5,870,000 | 34,253,000 | 37,768,000 | 19,362,000 | 21,056,000 | 4,486,000 |
| Debtors (Due After 1 year) | 0 | 0 | 10,323,000 | 13,531,000 | 4,477,000 | 2,797,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 66,406,000 | 90,712,000 | 97,720,000 | 102,520,000 | 61,115,000 | 55,483,000 | 52,755,000 | 50,530,000 | 50,259,000 | 55,479,000 | 57,706,000 | 37,811,000 | 38,759,000 | 18,806,000 |
| Stock & work in progress | 28,384,000 | 12,035,000 | 13,385,000 | 12,851,000 | 10,018,000 | 5,562,000 | 7,110,000 | 4,812,000 | 4,176,000 | 3,552,000 | 1,887,000 | 2,254,000 | 1,700,000 | 1,529,000 |
| Trade Debtors | 8,269,000 | 13,505,000 | 11,373,000 | 8,762,000 | 8,234,000 | 9,526,000 | 18,121,000 | 14,619,000 | 13,059,000 | 12,816,000 | 10,048,000 | 11,361,000 | 11,484,000 | 10,622,000 |
| Group Debtors | 75,301,000 | 69,885,000 | 105,859,000 | 90,736,000 | 66,707,000 | 238,637,000 | 111,386,000 | 86,820,000 | 55,710,000 | 36,173,000 | 25,076,000 | 18,763,000 | 12,223,000 | 10,419,000 |
| Misc Debtors | 25,112,000 | 28,093,000 | 10,500,000 | 12,146,000 | 18,441,000 | 18,761,000 | 14,983,000 | 13,342,000 | 11,994,000 | 3,457,000 | 1,988,000 | 2,213,000 | 1,702,000 | 1,428,000 |
| Cash | 36,277,000 | 2,216,000 | 2,006,000 | 6,602,000 | 14,806,000 | 10,324,000 | 22,894,000 | 8,575,000 | 8,736,000 | 5,520,000 | 3,463,000 | 6,349,000 | 1,410,000 | 1,369,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 173,343,000 | 125,734,000 | 143,123,000 | 131,097,000 | 118,206,000 | 282,810,000 | 174,494,000 | 128,168,000 | 93,675,000 | 61,518,000 | 42,462,000 | 40,940,000 | 28,519,000 | 25,367,000 |
| total assets | 239,749,000 | 216,446,000 | 240,843,000 | 233,617,000 | 179,321,000 | 338,293,000 | 227,249,000 | 178,698,000 | 143,934,000 | 116,997,000 | 100,168,000 | 78,751,000 | 67,278,000 | 44,173,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5,295,000 | 8,817,000 | 2,733,000 | 2,608,000 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 14,674,000 | 13,929,000 | 9,456,000 | 16,315,000 | 12,540,000 | 10,454,000 | 14,670,000 | 11,852,000 | 11,663,000 | 11,659,000 | 5,056,000 | 6,200,000 | 4,712,000 | 2,814,000 |
| Group/Directors Accounts | 80,065,000 | 182,248,000 | 190,584,000 | 118,983,000 | 96,449,000 | 255,266,000 | 175,522,000 | 128,976,000 | 88,871,000 | 62,734,000 | 49,898,000 | 31,033,000 | 28,818,000 | 10,930,000 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 773,000 | 1,093,000 | 0 | 371,000 | 400,000 | 200,000 | 400,000 | 0 |
| hp & lease commitments | 4,556,000 | 4,410,000 | 4,281,000 | 3,471,000 | 0 | 0 | 0 | 0 | 0 | 23,000 | 115,000 | 133,000 | 15,000 | 15,000 |
| other current liabilities | 21,435,000 | 28,837,000 | 24,499,000 | 14,521,000 | 13,366,000 | 14,759,000 | 14,775,000 | 12,249,000 | 12,510,000 | 15,873,000 | 11,550,000 | 13,975,000 | 14,126,000 | 15,712,000 |
| total current liabilities | 120,730,000 | 229,424,000 | 228,820,000 | 153,290,000 | 122,355,000 | 280,479,000 | 205,740,000 | 154,170,000 | 113,044,000 | 90,660,000 | 72,314,000 | 60,358,000 | 50,804,000 | 32,079,000 |
| loans | 0 | 0 | 2,193,000 | 32,558,000 | 30,786,000 | 29,103,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 17,120,000 | 19,079,000 | 22,647,000 | 21,936,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 115,000 | 0 | 14,000 |
| Accruals and Deferred Income | 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 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,766,000 | 4,602,000 | 0 | 0 | 0 |
| total long term liabilities | 18,088,000 | 19,079,000 | 24,840,000 | 54,494,000 | 30,786,000 | 38,925,000 | 11,395,000 | 0 | 7,000 | 2,766,000 | 4,602,000 | 115,000 | 0 | 14,000 |
| total liabilities | 138,818,000 | 248,503,000 | 253,660,000 | 207,784,000 | 153,141,000 | 319,404,000 | 217,135,000 | 154,170,000 | 113,051,000 | 93,426,000 | 76,916,000 | 60,473,000 | 50,804,000 | 32,093,000 |
| net assets | 100,931,000 | -32,057,000 | -12,817,000 | 25,833,000 | 26,180,000 | 18,889,000 | 10,114,000 | 24,528,000 | 30,883,000 | 23,571,000 | 23,252,000 | 18,278,000 | 16,474,000 | 12,080,000 |
| total shareholders funds | 100,931,000 | -32,057,000 | -12,817,000 | 25,833,000 | 26,180,000 | 18,889,000 | 10,114,000 | 24,528,000 | 30,883,000 | 23,571,000 | 23,252,000 | 18,278,000 | 16,474,000 | 12,080,000 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | -7,323,000 | -22,046,000 | -20,031,000 | 1,421,000 | 5,345,000 | -8,570,000 | -202,000 | -2,671,000 | 7,701,000 | 6,070,000 | 6,915,000 | 6,472,000 | 8,125,000 | 7,162,000 |
| Depreciation | 11,217,000 | 11,328,000 | 10,443,000 | 9,980,000 | 5,906,000 | 5,066,000 | 5,722,000 | 5,753,000 | 6,004,000 | 5,872,000 | 4,748,000 | 3,875,000 | 2,984,000 | 2,997,000 |
| Amortisation | 4,168,000 | 3,800,000 | 1,850,000 | 1,220,000 | 168,000 | 11,000 | 295,000 | 250,000 | 0 | 371,000 | 286,000 | 250,000 | 250,000 | 250,000 |
| Tax | -1,805,000 | 4,713,000 | 384,000 | 2,577,000 | -19,000 | 974,000 | 840,000 | 253,000 | 5,166,000 | 0 | 0 | 0 | 13,000 | 0 |
| Stock | 16,349,000 | -1,350,000 | 534,000 | 2,833,000 | 4,456,000 | -1,548,000 | 2,298,000 | 636,000 | 624,000 | 1,665,000 | -367,000 | 554,000 | 171,000 | 1,529,000 |
| Debtors | -2,801,000 | -26,572,000 | 12,880,000 | 27,316,000 | -171,862,000 | 125,231,000 | 29,709,000 | 34,018,000 | 28,317,000 | 15,334,000 | 4,775,000 | 6,928,000 | 2,940,000 | 22,469,000 |
| Creditors | 745,000 | 4,473,000 | -6,859,000 | 3,775,000 | 2,086,000 | -4,216,000 | 2,818,000 | 189,000 | 4,000 | 6,603,000 | -1,144,000 | 1,488,000 | 1,898,000 | 2,814,000 |
| Accruals and Deferred Income | -7,402,000 | 4,338,000 | 9,978,000 | 1,155,000 | -1,393,000 | -16,000 | 2,526,000 | -261,000 | -3,363,000 | 4,323,000 | -2,425,000 | -151,000 | -1,586,000 | 15,712,000 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2,766,000 | -1,836,000 | 4,602,000 | 0 | 0 | 0 |
| Cash flow from operations | -13,948,000 | 34,528,000 | -17,649,000 | -10,021,000 | 179,499,000 | -130,434,000 | -20,008,000 | -31,141,000 | -16,195,000 | 4,404,000 | 8,574,000 | 4,452,000 | 8,573,000 | 4,937,000 |
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | -8,898,000 | 5,492,000 | -4,122,000 | 6,169,000 | 1,318,000 | 41,000 | -929,000 | 929,000 | -28,383,000 | -3,515,000 | 18,406,000 | -1,694,000 | 16,570,000 | 4,486,000 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -102,183,000 | -8,336,000 | 71,601,000 | 22,534,000 | -158,817,000 | 79,744,000 | 46,546,000 | 40,105,000 | 26,137,000 | 12,836,000 | 18,865,000 | 2,215,000 | 17,888,000 | 10,930,000 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | -773,000 | -320,000 | 1,093,000 | -371,000 | -29,000 | 200,000 | -200,000 | 400,000 | 0 |
| Long term loans | 0 | -2,193,000 | -30,365,000 | 1,772,000 | 1,683,000 | 29,103,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | -1,813,000 | -3,439,000 | 1,521,000 | 25,407,000 | 0 | 0 | 0 | 0 | -23,000 | -92,000 | -133,000 | 233,000 | -14,000 | 29,000 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | -9,434,000 | -6,211,000 | -7,325,000 | -8,152,000 | -6,382,000 | -2,298,000 | -7,352,000 | -1,541,000 | -1,342,000 | -1,564,000 | -1,342,000 | -1,975,000 | -726,000 | 5,000 |
| cash flow from financing | -1,760,000 | -15,875,000 | 23,754,000 | 45,368,000 | -155,117,000 | 108,289,000 | 28,715,000 | 39,436,000 | 19,110,000 | 7,218,000 | 16,982,000 | -2,411,000 | 19,968,000 | 24,065,000 |
| cash and cash equivalents | ||||||||||||||
| cash | 34,061,000 | 210,000 | -4,596,000 | -8,204,000 | 4,482,000 | -12,570,000 | 14,319,000 | -161,000 | 3,216,000 | 2,057,000 | -2,886,000 | 4,939,000 | 41,000 | 1,369,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -5,295,000 | -3,522,000 | 6,084,000 | 125,000 | 2,608,000 |
| change in cash | 34,061,000 | 210,000 | -4,596,000 | -8,204,000 | 4,482,000 | -12,570,000 | 14,319,000 | -161,000 | 3,216,000 | 7,352,000 | 636,000 | -1,145,000 | -84,000 | -1,239,000 |
lgc limited Credit Report and Business Information
Lgc Limited Competitor Analysis
Perform a competitor analysis for lgc limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other mega companies, companies in TW11 area or any other competitors across 12 key performance metrics.
lgc limited Ownership
LGC LIMITED group structure
Lgc Limited has 7 subsidiary companies.
Ultimate parent company
LGC SCIENCE CORPORATION SARL
#0135775
2 parents
LGC LIMITED
02991879
7 subsidiaries
lgc limited directors
Lgc Limited currently has 4 directors. The longest serving directors include Dr Julian Braybrook (Jun 2018) and Mr Euan O'Sullivan (Sep 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Dr Julian Braybrook | England | 61 years | Jun 2018 | - | Director |
| Mr Euan O'Sullivan | United Kingdom | 45 years | Sep 2021 | - | Director |
| Mr Euan O'Sullivan | United Kingdom | 45 years | Sep 2021 | - | Director |
| Mr Marcus Kaeller | 53 years | Jun 2024 | - | Director |
P&L
March 2023turnover
142.5m
-9%
operating profit
-7.3m
-67%
gross margin
37.8%
-3.23%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
100.9m
-4.15%
total assets
239.7m
+0.11%
cash
36.3m
+15.37%
net assets
Total assets minus all liabilities
lgc limited company details
company number
02991879
Type
Private limited with Share Capital
industry
74909 - Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
incorporation date
November 1994
age
30
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2023
previous names
lgc (teddington) limited (March 2002)
lgc laboratories limited (March 1996)
accountant
-
auditor
ERNST & YOUNG LLP
address
queens road, teddington, middlesex, TW11 0LY
Bank
HSBC BANK PLC
Legal Advisor
-
lgc 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 lgc limited. Currently there are 0 open charges and 14 have been satisfied in the past.
lgc limited Companies House Filings - See Documents
| date | description | view/download |
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