lorica research limited
lorica research limited Company Information
Group Structure
View All
Industry
Other research and experimental development on natural sciences and engineering
Registered Address
54 king edwards road, malvern, worcestershire, WR14 4AJ
Website
www.lorica-research.comlorica research limited Estimated Valuation
Pomanda estimates the enterprise value of LORICA RESEARCH LIMITED at £37.5k based on a Turnover of £38.6k and 0.97x industry multiple (adjusted for size and gross margin).
lorica research limited Estimated Valuation
Pomanda estimates the enterprise value of LORICA RESEARCH LIMITED at £534k based on an EBITDA of £120.3k and a 4.44x industry multiple (adjusted for size and gross margin).
lorica research limited Estimated Valuation
Pomanda estimates the enterprise value of LORICA RESEARCH LIMITED at £224.1k based on Net Assets of £110.2k and 2.03x industry multiple (adjusted for liquidity).
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Lorica Research Limited Overview
Lorica Research Limited is a live company located in worcestershire, WR14 4AJ with a Companies House number of 03068784. It operates in the other research and experimental development on natural sciences and engineering sector, SIC Code 72190. Founded in June 1995, it's largest shareholder is enr dissolution ltd with a 100% stake. Lorica Research Limited is a mature, micro sized company, Pomanda has estimated its turnover at £38.6k with rapid growth in recent years.
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Lorica Research Limited Health Check
Pomanda's financial health check has awarded Lorica Research Limited a 3.5 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
4 Strong
0 Regular
5 Weak
Size
annual sales of £38.6k, make it smaller than the average company (£3.7m)
- Lorica Research Limited
£3.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 140%, show it is growing at a faster rate (4.8%)
- Lorica Research Limited
4.8% - Industry AVG
Production
with a gross margin of 27%, this company has a higher cost of product (48.8%)
- Lorica Research Limited
48.8% - Industry AVG
Profitability
an operating margin of 311.7% make it more profitable than the average company (4.2%)
- Lorica Research Limited
4.2% - Industry AVG
Employees
with 1 employees, this is below the industry average (42)
1 - Lorica Research Limited
42 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- - Lorica Research Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £38.6k, this is less efficient (£113.2k)
- Lorica Research Limited
£113.2k - Industry AVG
Debtor Days
it gets paid by customers after 15 days, this is earlier than average (53 days)
- Lorica Research Limited
53 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Lorica Research Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Lorica Research Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (36 weeks)
0 weeks - Lorica Research Limited
36 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 23.6%, this is a lower level of debt than the average (44.4%)
23.6% - Lorica Research Limited
44.4% - Industry AVG
LORICA RESEARCH LIMITED financials
Lorica Research Limited's latest turnover from June 2023 is estimated at £38.6 thousand and the company has net assets of £110.2 thousand. According to their latest financial statements, Lorica Research Limited has 1 employee and maintains cash reserves of £98 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 1 | 3 | 2 | 3 | 3 | |||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,625 | 3,257 | 4,885 | 10,212 | ||||||||||
| Intangible Assets | ||||||||||||||
| Investments & Other | ||||||||||||||
| Debtors (Due After 1 year) | ||||||||||||||
| Total Fixed Assets | 1,625 | 3,257 | 4,885 | 10,212 | ||||||||||
| Stock & work in progress | ||||||||||||||
| Trade Debtors | 1,593 | 208 | 1,183 | 636 | 10,353 | 4,337 | 4,412 | 12,476 | 4,007 | 78,108 | 80,694 | 30,964 | 46,434 | 40,558 |
| Group Debtors | 124,197 | 31,954 | 149,460 | 613,860 | 498,950 | 346,726 | 203,365 | 43,205 | 165,202 | |||||
| Misc Debtors | 18,289 | 21,449 | 20,527 | 282 | 46,888 | 36,849 | 32,917 | 25,587 | 20,990 | 2,577 | 40 | |||
| Cash | 98 | 98 | 76 | 106 | 106 | 4,105 | 4,135 | 4,165 | 551 | 605 | 800 | 47,929 | 11,668 | 17,118 |
| misc current assets | ||||||||||||||
| total current assets | 144,177 | 53,709 | 171,246 | 614,884 | 556,297 | 392,017 | 244,829 | 85,433 | 190,750 | 78,713 | 81,494 | 78,893 | 60,679 | 57,716 |
| total assets | 144,177 | 53,709 | 171,246 | 614,884 | 556,297 | 392,017 | 244,829 | 85,433 | 190,750 | 78,713 | 83,119 | 82,150 | 65,564 | 67,928 |
| Bank overdraft | ||||||||||||||
| Bank loan | ||||||||||||||
| Trade Creditors | 78 | 4,068 | 17,105 | 14,650 | 44,916 | |||||||||
| Group/Directors Accounts | 33,994 | 33,761 | 15,044 | 533,130 | 509,715 | 358,016 | 177,555 | 6,744 | 112,037 | |||||
| other short term finances | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| other current liabilities | 14,103 | 22,203 | 24,213 | 78 | ||||||||||
| total current liabilities | 33,994 | 33,761 | 29,147 | 533,130 | 509,715 | 380,219 | 201,768 | 6,744 | 112,115 | 78 | 4,068 | 17,105 | 14,650 | 44,916 |
| loans | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| Accruals and Deferred Income | ||||||||||||||
| other liabilities | ||||||||||||||
| provisions | ||||||||||||||
| total long term liabilities | ||||||||||||||
| total liabilities | 33,994 | 33,761 | 29,147 | 533,130 | 509,715 | 380,219 | 201,768 | 6,744 | 112,115 | 78 | 4,068 | 17,105 | 14,650 | 44,916 |
| net assets | 110,183 | 19,948 | 142,099 | 81,754 | 46,582 | 11,798 | 43,061 | 78,689 | 78,635 | 78,635 | 79,051 | 65,045 | 50,914 | 23,012 |
| total shareholders funds | 110,183 | 19,948 | 142,099 | 81,754 | 46,582 | 11,798 | 43,061 | 78,689 | 78,635 | 78,635 | 79,051 | 65,045 | 50,914 | 23,012 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 1,625 | 1,632 | 1,628 | 1,219 | 7,475 | |||||||||
| Amortisation | ||||||||||||||
| Tax | ||||||||||||||
| Stock | ||||||||||||||
| Debtors | 90,468 | -117,559 | -443,608 | 58,587 | 168,279 | 147,218 | 159,426 | -108,931 | 112,091 | -2,586 | 49,730 | -18,047 | 8,413 | 40,598 |
| Creditors | -78 | -3,990 | -13,037 | 2,455 | -30,266 | 44,916 | ||||||||
| Accruals and Deferred Income | -14,103 | 14,103 | -22,203 | -2,010 | 24,213 | -78 | 78 | |||||||
| Deferred Taxes & Provisions | ||||||||||||||
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | ||||||||||||||
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | ||||||||||||||
| Group/Directors Accounts | 233 | 18,717 | -518,086 | 23,415 | 151,699 | 180,461 | 170,811 | -105,293 | 112,037 | |||||
| Other Short Term Loans | ||||||||||||||
| Long term loans | ||||||||||||||
| Hire Purchase and Lease Commitments | ||||||||||||||
| other long term liabilities | ||||||||||||||
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 22 | -30 | -3,999 | -30 | -30 | 3,614 | -54 | -195 | -47,129 | 36,261 | -5,450 | 17,118 | ||
| overdraft | ||||||||||||||
| change in cash | 22 | -30 | -3,999 | -30 | -30 | 3,614 | -54 | -195 | -47,129 | 36,261 | -5,450 | 17,118 |
lorica research limited Credit Report and Business Information
Lorica Research Limited Competitor Analysis
Perform a competitor analysis for lorica research limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in WR14 area or any other competitors across 12 key performance metrics.
lorica research limited Ownership
LORICA RESEARCH LIMITED group structure
Lorica Research Limited has no subsidiary companies.
Ultimate parent company
2 parents
LORICA RESEARCH LIMITED
03068784
lorica research limited directors
Lorica Research Limited currently has 1 director, Mr Hamish Rowan serving since Jun 2014.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Hamish Rowan | Scotland | 40 years | Jun 2014 | - | Director |
P&L
June 2023turnover
38.6k
+4321%
operating profit
120.3k
0%
gross margin
27%
+13.34%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
110.2k
+4.52%
total assets
144.2k
+1.68%
cash
98
0%
net assets
Total assets minus all liabilities
Similar Companies
lorica research limited company details
company number
03068784
Type
Private limited with Share Capital
industry
72190 - Other research and experimental development on natural sciences and engineering
incorporation date
June 1995
age
30
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
June 2023
previous names
lorica logistics limited (March 1996)
accountant
-
auditor
-
address
54 king edwards road, malvern, worcestershire, WR14 4AJ
Bank
-
Legal Advisor
-
lorica research 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 lorica research limited. Currently there are 1 open charges and 1 have been satisfied in the past.
lorica research 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.
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lorica research limited Companies House Filings - See Documents
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