latcom limited
latcom limited Company Information
Company Number
03126380
Website
www.latcom.co.ukRegistered Address
c/o dickinsons brandon house, first floor, 90 the broadway, chesham, HP5 1EG
Industry
Other business support service activities n.e.c.
Telephone
01442291800
Next Accounts Due
September 2025
Group Structure
View All
Directors
Steven Horn10 Years
Shareholders
peter david wiltshire 47.5%
stephen anthony smith 47.5%
View Alllatcom limited Estimated Valuation
Pomanda estimates the enterprise value of LATCOM LIMITED at £849.6k based on a Turnover of £1.5m and 0.57x industry multiple (adjusted for size and gross margin).
latcom limited Estimated Valuation
Pomanda estimates the enterprise value of LATCOM LIMITED at £545.5k based on an EBITDA of £124.2k and a 4.39x industry multiple (adjusted for size and gross margin).
latcom limited Estimated Valuation
Pomanda estimates the enterprise value of LATCOM LIMITED at £615.3k based on Net Assets of £239.9k and 2.57x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Latcom Limited Overview
Latcom Limited is a live company located in chesham, HP5 1EG with a Companies House number of 03126380. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in November 1995, it's largest shareholder is peter david wiltshire with a 47.5% stake. Latcom Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.5m with rapid growth in recent years.
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Latcom Limited Health Check
Pomanda's financial health check has awarded Latcom Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
4 Weak
Size
annual sales of £1.5m, make it smaller than the average company (£4.4m)
- Latcom Limited
£4.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 33%, show it is growing at a faster rate (6.3%)
- Latcom Limited
6.3% - Industry AVG
Production
with a gross margin of 37.6%, this company has a comparable cost of product (37.6%)
- Latcom Limited
37.6% - Industry AVG
Profitability
an operating margin of 8.2% make it more profitable than the average company (5.7%)
- Latcom Limited
5.7% - Industry AVG
Employees
with 5 employees, this is below the industry average (26)
5 - Latcom Limited
26 - Industry AVG
Pay Structure
on an average salary of £51.9k, the company has an equivalent pay structure (£51.9k)
- Latcom Limited
£51.9k - Industry AVG
Efficiency
resulting in sales per employee of £295.7k, this is more efficient (£165k)
- Latcom Limited
£165k - Industry AVG
Debtor Days
it gets paid by customers after 79 days, this is later than average (40 days)
- Latcom Limited
40 days - Industry AVG
Creditor Days
its suppliers are paid after 10 days, this is quicker than average (31 days)
- Latcom Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Latcom Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 26 weeks, this is average cash available to meet short term requirements (24 weeks)
26 weeks - Latcom Limited
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 48.4%, this is a lower level of debt than the average (61.7%)
48.4% - Latcom Limited
61.7% - Industry AVG
LATCOM LIMITED financials
Latcom Limited's latest turnover from December 2023 is estimated at £1.5 million and the company has net assets of £239.9 thousand. According to their latest financial statements, Latcom Limited has 5 employees and maintains cash reserves of £106.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,754,137 | 1,540,775 | 1,836,208 | 1,881,356 | 1,741,451 | 2,580,649 | 3,335,814 | 2,136,512 | 1,957,391 | 1,190,215 | 1,160,052 | ||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Cost Of Sales | 1,165,506 | 961,094 | 1,297,279 | 1,385,768 | 1,250,253 | 2,015,816 | 2,778,482 | 1,658,148 | 1,497,551 | 847,466 | 871,240 | ||||
| Gross Profit | 588,631 | 579,681 | 538,929 | 495,588 | 491,198 | 564,833 | 557,332 | 478,364 | 459,840 | 342,749 | 288,812 | ||||
| Admin Expenses | 552,507 | 458,631 | 507,211 | 447,672 | 443,381 | 424,589 | 434,018 | 406,597 | 358,734 | 324,660 | 317,749 | ||||
| Operating Profit | 36,124 | 121,050 | 31,718 | 47,916 | 47,817 | 140,244 | 123,314 | 71,767 | 101,106 | 18,089 | -28,937 | ||||
| Interest Payable | 9,963 | 13,203 | 10,611 | 0 | 0 | 0 | 0 | 0 | 5 | 5 | 694 | ||||
| Interest Receivable | 1 | 1 | 4 | 258 | 169 | 277 | 259 | 1,117 | 807 | 1,768 | 692 | ||||
| Pre-Tax Profit | 4,986 | 107,848 | 21,111 | 48,174 | 47,986 | 140,521 | 123,573 | 72,884 | 101,908 | 19,852 | -28,939 | ||||
| Tax | -14,636 | -18,119 | -3,159 | -10,599 | -11,690 | -28,636 | -25,310 | -15,193 | -21,246 | -5,101 | 7,223 | ||||
| Profit After Tax | -9,650 | 89,729 | 17,952 | 37,575 | 36,296 | 111,885 | 98,263 | 57,691 | 80,662 | 14,751 | -21,716 | ||||
| Dividends Paid | 21,060 | 21,060 | 21,060 | 21,060 | 22,930 | 26,325 | 15,795 | 50,000 | 0 | 55,170 | 0 | ||||
| Retained Profit | -30,710 | 68,669 | -3,108 | 16,515 | 13,366 | 85,560 | 82,468 | 7,691 | 80,662 | -40,419 | -21,716 | ||||
| Employee Costs | 394,281 | 349,825 | 341,173 | 314,044 | 300,442 | 288,312 | 306,815 | 276,777 | 251,101 | 220,480 | 210,148 | ||||
| Number Of Employees | 5 | 5 | 7 | 8 | 12 | 13 | 13 | 12 | 12 | 10 | 12 | 11 | 7 | 7 | 7 |
| EBITDA* | 44,660 | 131,831 | 47,139 | 61,330 | 63,395 | 160,302 | 134,144 | 85,388 | 114,561 | 20,049 | -18,491 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 12,317 | 9,919 | 9,645 | 8,132 | 344,422 | 398,284 | 406,420 | 40,263 | 46,766 | 60,220 | 32,543 | 40,923 | 40,584 | 36,592 | 31,683 |
| Intangible Assets | 1,687 | 2,250 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 261,000 | 282,176 | 282,176 | 0 | 0 | 2,023 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 418 | 943 | 1,175 | 1,655 | 0 | 0 | 0 | 2,819 | 2,545 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 14,422 | 13,112 | 10,820 | 9,787 | 605,422 | 680,460 | 688,596 | 43,082 | 49,311 | 62,243 | 32,543 | 40,923 | 40,584 | 36,592 | 31,683 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 834 | 1,800 | 5,050 |
| Trade Debtors | 322,695 | 163,264 | 96,220 | 77,562 | 209,614 | 270,791 | 250,652 | 359,294 | 200,745 | 335,677 | 464,334 | 512,890 | 345,567 | 193,907 | 79,393 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 21,472 | 18,390 | 15,322 | 28,685 | 34,499 | 27,822 | 119,107 | 33,886 | 27,898 | 27,785 | 59,342 | 79,451 | 72,146 | 43,243 | 55,769 |
| Cash | 106,162 | 119,598 | 99,874 | 73,371 | 15,252 | 16,564 | 14,714 | 312,549 | 400,390 | 302,655 | 123,593 | 54,026 | 90,137 | 182,561 | 240,949 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 450,329 | 301,252 | 211,416 | 179,618 | 259,365 | 315,177 | 384,473 | 705,729 | 629,033 | 666,117 | 647,269 | 646,367 | 508,684 | 421,511 | 381,161 |
| total assets | 464,751 | 314,364 | 222,236 | 189,405 | 864,787 | 995,637 | 1,073,069 | 748,811 | 678,344 | 728,360 | 679,812 | 687,290 | 549,268 | 458,103 | 412,844 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 10,000 | 10,000 | 10,000 | 3,687 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 26,962 | 23,144 | 4,460 | 3,463 | 40,780 | 25,408 | 19,060 | 31,941 | 17,673 | 26,370 | 34,604 | 49,133 | 29,681 | 30,643 | 8,080 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,261 | 14,669 | 41,212 | 21,618 | 20,474 | 4,826 |
| other short term finances | 0 | 0 | 0 | 0 | 100,000 | 196,381 | 379,365 | 0 | 0 | 1,600 | 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 | 172,074 | 108,220 | 74,429 | 76,463 | 94,213 | 112,386 | 79,533 | 123,084 | 83,400 | 133,224 | 151,195 | 199,141 | 108,784 | 98,461 | 50,995 |
| total current liabilities | 209,036 | 141,364 | 88,889 | 83,613 | 234,993 | 334,175 | 477,958 | 155,025 | 101,073 | 163,455 | 200,468 | 289,486 | 160,083 | 149,578 | 63,901 |
| loans | 15,833 | 25,833 | 35,833 | 46,313 | 0 | 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 |
| 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 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 1,157 | 2,115 | 4,433 | 0 | 0 | 0 | 0 | 928 | 0 | 0 | 0 |
| total long term liabilities | 15,833 | 25,833 | 35,833 | 46,313 | 1,157 | 2,115 | 4,433 | 0 | 0 | 0 | 0 | 928 | 0 | 0 | 0 |
| total liabilities | 224,869 | 167,197 | 124,722 | 129,926 | 236,150 | 336,290 | 482,391 | 155,025 | 101,073 | 163,455 | 200,468 | 290,414 | 160,083 | 149,578 | 63,901 |
| net assets | 239,882 | 147,167 | 97,514 | 59,479 | 628,637 | 659,347 | 590,678 | 593,786 | 577,271 | 564,905 | 479,344 | 396,876 | 389,185 | 308,525 | 348,943 |
| total shareholders funds | 239,882 | 147,167 | 97,514 | 59,479 | 628,637 | 659,347 | 590,678 | 593,786 | 577,271 | 564,905 | 479,344 | 396,876 | 389,185 | 308,525 | 348,943 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 36,124 | 121,050 | 31,718 | 47,916 | 47,817 | 140,244 | 123,314 | 71,767 | 101,106 | 18,089 | -28,937 | ||||
| Depreciation | 2,817 | 3,083 | 2,766 | 2,705 | 8,536 | 10,781 | 15,421 | 13,414 | 15,578 | 20,058 | 10,830 | 13,621 | 13,455 | 1,960 | 10,446 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -14,636 | -18,119 | -3,159 | -10,599 | -11,690 | -28,636 | -25,310 | -15,193 | -21,246 | -5,101 | 7,223 | ||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -834 | -966 | -3,250 | 5,050 |
| Debtors | 161,988 | 69,880 | 4,815 | -136,211 | -54,500 | -71,146 | -26,240 | 164,811 | -132,274 | -160,214 | -68,665 | 174,628 | 180,563 | 101,988 | 135,162 |
| Creditors | 3,818 | 18,684 | 997 | -37,317 | 15,372 | 6,348 | -12,881 | 14,268 | -8,697 | -8,234 | -14,529 | 19,452 | -962 | 22,563 | 8,080 |
| Accruals and Deferred Income | 63,854 | 33,791 | -2,034 | -17,750 | -18,173 | 32,853 | -43,551 | 39,684 | -49,824 | -17,971 | -47,946 | 90,357 | 10,323 | 47,466 | 50,995 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | -1,157 | -958 | -2,318 | 4,433 | 0 | 0 | 0 | -928 | 928 | 0 | 0 | 0 |
| Cash flow from operations | 80,765 | 221,741 | 18,221 | -60,128 | 125,458 | 265,675 | 114,096 | 7,138 | -76,921 | -13,761 | -92,405 | ||||
| Investing Activities | |||||||||||||||
| capital expenditure | 0 | -225 | -678,827 | -7,073 | -2,124 | -43,325 | -2,450 | -16,797 | -15,298 | -18,976 | -10,345 | ||||
| Change in Investments | 0 | 0 | 0 | -261,000 | -21,176 | 0 | 282,176 | 0 | -2,023 | 2,023 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 21,176 | -225 | -961,003 | -7,073 | -101 | -45,348 | -2,450 | -16,797 | -15,298 | -18,976 | -10,345 | ||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 6,313 | 3,687 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2,261 | -12,408 | -26,543 | 19,594 | 1,144 | 15,648 | 4,826 |
| Other Short Term Loans | 0 | 0 | 0 | -100,000 | -96,381 | -182,984 | 379,365 | 0 | -1,600 | 1,600 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -10,000 | -10,000 | -10,480 | 46,313 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | -9,962 | -13,202 | -10,607 | 258 | 169 | 277 | 259 | 1,117 | 802 | 1,763 | -2 | ||||
| cash flow from financing | -106,343 | -196,186 | 368,758 | 258 | -4,692 | -10,530 | -26,284 | 20,711 | 1,944 | 17,412 | 375,483 | ||||
| cash and cash equivalents | |||||||||||||||
| cash | -13,436 | 19,724 | 26,503 | 58,119 | -1,312 | 1,850 | -297,835 | -87,841 | 97,735 | 179,062 | 69,567 | -36,111 | -92,424 | -58,388 | 240,949 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -13,436 | 19,724 | 26,503 | 58,119 | -1,312 | 1,850 | -297,835 | -87,841 | 97,735 | 179,062 | 69,567 | -36,111 | -92,424 | -58,388 | 240,949 |
latcom limited Credit Report and Business Information
Latcom Limited Competitor Analysis
Perform a competitor analysis for latcom limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in HP5 area or any other competitors across 12 key performance metrics.
latcom limited Ownership
LATCOM LIMITED group structure
Latcom Limited has no subsidiary companies.
Ultimate parent company
LATCOM LIMITED
03126380
latcom limited directors
Latcom Limited currently has 1 director, Mr Steven Horn serving since Jun 2014.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Steven Horn | United Kingdom | 49 years | Jun 2014 | - | Director |
P&L
December 2023turnover
1.5m
+78%
operating profit
121.4k
0%
gross margin
37.6%
-3.02%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
239.9k
+0.63%
total assets
464.8k
+0.48%
cash
106.2k
-0.11%
net assets
Total assets minus all liabilities
latcom limited company details
company number
03126380
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
November 1995
age
29
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
latcom plc (May 2020)
latcom limited (June 2001)
accountant
-
auditor
-
address
c/o dickinsons brandon house, first floor, 90 the broadway, chesham, HP5 1EG
Bank
BARCLAYS BANK PLC
Legal Advisor
-
latcom 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 4 charges/mortgages relating to latcom limited. Currently there are 1 open charges and 3 have been satisfied in the past.
latcom limited Companies House Filings - See Documents
| date | description | view/download |
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