lyndhurst shoe company limited
lyndhurst shoe company limited Company Information
Company Number
03280008
Website
www.lyndhurstshoeco.comRegistered Address
1-7 fallbarn road, rawtenstall, rossendale, BB4 7NT
Industry
Non-specialised wholesale trade
Telephone
01706222464
Next Accounts Due
November 2024
Group Structure
View All
Shareholders
lsc holdings limited 100%
lyndhurst shoe company limited Estimated Valuation
Pomanda estimates the enterprise value of LYNDHURST SHOE COMPANY LIMITED at £6.6m based on a Turnover of £10.3m and 0.64x industry multiple (adjusted for size and gross margin).
lyndhurst shoe company limited Estimated Valuation
Pomanda estimates the enterprise value of LYNDHURST SHOE COMPANY LIMITED at £8.1m based on an EBITDA of £1.6m and a 5.05x industry multiple (adjusted for size and gross margin).
lyndhurst shoe company limited Estimated Valuation
Pomanda estimates the enterprise value of LYNDHURST SHOE COMPANY LIMITED at £20.8m based on Net Assets of £11.6m and 1.8x industry multiple (adjusted for liquidity).
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Lyndhurst Shoe Company Limited Overview
Lyndhurst Shoe Company Limited is a live company located in rossendale, BB4 7NT with a Companies House number of 03280008. It operates in the non-specialised wholesale trade sector, SIC Code 46900. Founded in November 1996, it's largest shareholder is lsc holdings limited with a 100% stake. Lyndhurst Shoe Company Limited is a mature, mid sized company, Pomanda has estimated its turnover at £10.3m with declining growth in recent years.
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Lyndhurst Shoe Company Limited Health Check
Pomanda's financial health check has awarded Lyndhurst Shoe Company Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
5 Weak
Size
annual sales of £10.3m, make it smaller than the average company (£14.1m)
£10.3m - Lyndhurst Shoe Company Limited
£14.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -15%, show it is growing at a slower rate (5%)
-15% - Lyndhurst Shoe Company Limited
5% - Industry AVG
Production
with a gross margin of 19.3%, this company has a higher cost of product (27.7%)
19.3% - Lyndhurst Shoe Company Limited
27.7% - Industry AVG
Profitability
an operating margin of 15.5% make it more profitable than the average company (5.7%)
15.5% - Lyndhurst Shoe Company Limited
5.7% - Industry AVG
Employees
with 10 employees, this is below the industry average (37)
10 - Lyndhurst Shoe Company Limited
37 - Industry AVG
Pay Structure
on an average salary of £19.2k, the company has a lower pay structure (£41.3k)
£19.2k - Lyndhurst Shoe Company Limited
£41.3k - Industry AVG
Efficiency
resulting in sales per employee of £1m, this is more efficient (£349.9k)
£1m - Lyndhurst Shoe Company Limited
£349.9k - Industry AVG
Debtor Days
it gets paid by customers after 60 days, this is near the average (53 days)
60 days - Lyndhurst Shoe Company Limited
53 days - Industry AVG
Creditor Days
its suppliers are paid after 18 days, this is quicker than average (35 days)
18 days - Lyndhurst Shoe Company Limited
35 days - Industry AVG
Stock Days
it holds stock equivalent to 39 days, this is less than average (78 days)
39 days - Lyndhurst Shoe Company Limited
78 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 90 weeks, this is more cash available to meet short term requirements (14 weeks)
90 weeks - Lyndhurst Shoe Company Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 44.9%, this is a similar level of debt than the average (47.5%)
44.9% - Lyndhurst Shoe Company Limited
47.5% - Industry AVG
LYNDHURST SHOE COMPANY LIMITED financials
Lyndhurst Shoe Company Limited's latest turnover from February 2023 is £10.3 million and the company has net assets of £11.6 million. According to their latest financial statements, Lyndhurst Shoe Company Limited has 10 employees and maintains cash reserves of £16.4 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 10,272,816 | 11,869,831 | 10,193,425 | 16,630,853 | 21,175,611 | 25,525,238 | 26,493,985 | 28,978,747 | 35,958,953 | 30,673,404 | 30,637,043 | 36,978,493 | 34,842,595 | 24,951,860 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Cost Of Sales | 8,292,271 | 8,729,263 | 7,324,318 | 13,835,970 | 16,415,872 | 19,151,946 | 19,741,165 | 24,611,943 | 24,652,781 | 23,892,225 | 22,461,260 | 28,451,202 | 27,990,254 | |
| Gross Profit | 1,980,545 | 3,140,568 | 2,869,107 | 2,794,883 | 4,759,739 | 6,373,292 | 6,752,820 | 4,366,804 | 11,306,172 | 6,781,179 | 8,175,783 | 8,527,291 | 6,852,341 | |
| Admin Expenses | 388,179 | 547,551 | -818,756 | -510,405 | 993,182 | 1,335,031 | 915,688 | 928,084 | 1,510,967 | 1,716,076 | 1,852,042 | 4,127,808 | 1,807,057 | |
| Operating Profit | 1,592,366 | 2,593,017 | 3,687,863 | 3,305,288 | 3,766,557 | 5,038,261 | 5,837,132 | 3,438,720 | 9,795,205 | 5,065,103 | 6,323,741 | 4,399,483 | 5,045,284 | 4,043,160 |
| Interest Payable | 3,064 | 353 | 13 | 0 | 0 | 3,000 | 7,968 | 1,109 | 6,702 | 0 | 1,860 | 1,076 | 7,222 | 1,029 |
| Interest Receivable | 253,575 | 4,331 | 11,672 | 24,918 | 4,806 | 885 | 14,014 | 44,437 | 54,197 | 247,529 | 165,252 | 94,207 | 74,064 | 28,435 |
| Pre-Tax Profit | 1,848,402 | 2,598,432 | 3,699,831 | 3,332,906 | 3,772,862 | 5,037,582 | 5,844,255 | 3,482,896 | 9,843,831 | 5,312,632 | 6,492,392 | 4,492,959 | 5,112,999 | 4,071,566 |
| Tax | -363,762 | -498,528 | -468,493 | -350,760 | -759,155 | -1,005,698 | -1,255,753 | -646,340 | -2,181,205 | -1,218,927 | -1,907,364 | -1,496,068 | -1,539,088 | -1,141,627 |
| Profit After Tax | 1,484,640 | 2,099,904 | 3,231,338 | 2,982,146 | 3,013,707 | 4,031,884 | 4,588,502 | 2,836,556 | 7,662,626 | 4,093,705 | 4,585,028 | 2,996,891 | 3,573,911 | 2,929,939 |
| Dividends Paid | 0 | 0 | 0 | 0 | 2,860,000 | 6,050,000 | 5,000,000 | 10,286,995 | 0 | 0 | 21,539,962 | 0 | 0 | 0 |
| Retained Profit | 1,484,640 | 2,099,904 | 3,231,338 | 2,982,146 | 153,707 | -2,018,116 | -411,498 | -7,450,439 | 7,662,626 | 4,093,705 | -16,954,934 | 2,996,891 | 3,573,911 | 2,929,939 |
| Employee Costs | 191,860 | 195,878 | 368,358 | 460,517 | 475,535 | 734,208 | 550,685 | 780,574 | 2,788,361 | 1,823,005 | 571,167 | 425,568 | ||
| Number Of Employees | 10 | 11 | 13 | 14 | 16 | 13 | 13 | 15 | 19 | 19 | 18 | 21 | 21 | 17 |
| EBITDA* | 1,604,220 | 2,609,811 | 3,849,213 | 3,571,408 | 4,031,529 | 5,302,100 | 6,109,194 | 3,710,743 | 9,910,152 | 5,178,928 | 6,436,636 | 4,514,960 | 5,624,492 | 4,056,223 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 68,351 | 88,002 | 97,626 | 103,917 | 58,875 | 65,856 | 67,967 | 73,369 | 75,272 | 79,519 | 80,115 | 88,555 | 86,823 | 95,871 |
| Intangible Assets | 0 | 0 | 0 | 155,059 | 412,818 | 670,577 | 928,336 | 1,186,094 | 1,443,853 | 1,701,612 | 1,804,312 | 1,907,012 | 2,009,712 | 1,550,588 |
| Investments & Other | 1,590,185 | 620,164 | 135,340 | 134,372 | 47,396 | 170,215 | 167,790 | 222,911 | 312,987 | 379,003 | 379,003 | 17,177,355 | 13,191,177 | 13,599,413 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,658,536 | 708,166 | 232,966 | 393,348 | 519,089 | 906,648 | 1,164,093 | 1,482,374 | 1,832,112 | 2,160,134 | 2,263,430 | 19,172,922 | 15,287,712 | 15,245,872 |
| Stock & work in progress | 893,239 | 1,612,534 | 1,361,726 | 770,869 | 2,034,207 | 2,791,539 | 2,430,727 | 2,951,513 | 3,823,812 | 2,377,208 | 2,134,448 | 1,810,034 | 2,348,870 | 1,041,716 |
| Trade Debtors | 1,712,209 | 2,378,965 | 1,680,710 | 2,176,195 | 4,215,112 | 4,154,490 | 4,103,053 | 3,272,754 | 4,679,592 | 2,400,603 | 2,831,406 | 3,017,531 | 3,347,625 | 1,083,958 |
| Group Debtors | 0 | 691,477 | 709,110 | 4,844,521 | 4,884,786 | 3,011,636 | 3,901,955 | 5,960,492 | 7,018,717 | 4,363,946 | 215,488 | 0 | 0 | 0 |
| Misc Debtors | 329,899 | 196,473 | 231,834 | 527,837 | 509,746 | 927,367 | 1,565,582 | 968,478 | 864,538 | 1,730,267 | 1,951,481 | 2,688,295 | 1,098,645 | 648,215 |
| Cash | 16,382,633 | 5,418,640 | 4,372,436 | 4,889,528 | 891,684 | 696,872 | 3,265,680 | 1,535,517 | 6,664,946 | 3,110,115 | 3,334,344 | 760,949 | 2,212,436 | 2,491,121 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 19,317,980 | 10,298,089 | 8,355,816 | 13,208,950 | 12,535,535 | 11,581,904 | 15,266,997 | 14,688,754 | 23,051,605 | 13,982,139 | 10,467,167 | 8,276,809 | 9,007,576 | 5,265,010 |
| total assets | 20,976,516 | 11,006,255 | 8,588,782 | 13,602,298 | 13,054,624 | 12,488,552 | 16,431,090 | 16,171,128 | 24,883,717 | 16,142,273 | 12,730,597 | 27,449,731 | 24,295,288 | 20,510,882 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 427,413 | 241,911 | 254,200 | 639,319 | 789,283 | 922,996 | 2,623,354 | 1,453,906 | 1,673,400 | 1,300,350 | 2,157,563 | 2,496,387 | 2,171,184 | 2,075,348 |
| Group/Directors Accounts | 8,445,195 | 26,100 | 40,782 | 25,242 | 569,240 | 0 | 82,481 | 136,186 | 57,881 | 0 | 1,962 | 0 | 458,469 | 615,218 |
| other short term finances | 0 | 0 | 0 | 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 |
| other current liabilities | 541,706 | 660,682 | 316,142 | 2,118,454 | 3,858,964 | 3,882,126 | 4,023,709 | 4,467,992 | 5,588,953 | 4,884,297 | 4,707,151 | 2,026,155 | 1,671,358 | 1,399,089 |
| total current liabilities | 9,414,314 | 928,693 | 611,124 | 2,783,015 | 5,217,487 | 4,805,122 | 6,729,544 | 6,058,084 | 7,320,234 | 6,184,647 | 6,866,676 | 4,522,542 | 4,301,011 | 4,089,655 |
| loans | 0 | 0 | 0 | 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 |
| 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 | 0 | 0 | 0 | 0 | 861 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 861 |
| total liabilities | 9,414,314 | 928,693 | 611,124 | 2,783,015 | 5,217,487 | 4,805,122 | 6,729,544 | 6,058,084 | 7,320,234 | 6,184,647 | 6,866,676 | 4,522,542 | 4,301,011 | 4,090,516 |
| net assets | 11,562,202 | 10,077,562 | 7,977,658 | 10,819,283 | 7,837,137 | 7,683,430 | 9,701,546 | 10,113,044 | 17,563,483 | 9,957,626 | 5,863,921 | 22,927,189 | 19,994,277 | 16,420,366 |
| total shareholders funds | 11,562,202 | 10,077,562 | 7,977,658 | 10,819,283 | 7,837,137 | 7,683,430 | 9,701,546 | 10,113,044 | 17,563,483 | 9,957,626 | 5,863,921 | 22,927,189 | 19,994,277 | 16,420,366 |
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 1,592,366 | 2,593,017 | 3,687,863 | 3,305,288 | 3,766,557 | 5,038,261 | 5,837,132 | 3,438,720 | 9,795,205 | 5,065,103 | 6,323,741 | 4,399,483 | 5,045,284 | 4,043,160 |
| Depreciation | 11,854 | 16,794 | 6,291 | 8,361 | 7,213 | 6,080 | 14,304 | 14,264 | 12,247 | 11,125 | 10,195 | 12,777 | 11,332 | 13,063 |
| Amortisation | 0 | 0 | 155,059 | 257,759 | 257,759 | 257,759 | 257,758 | 257,759 | 102,700 | 102,700 | 102,700 | 102,700 | 567,876 | 0 |
| Tax | -363,762 | -498,528 | -468,493 | -350,760 | -759,155 | -1,005,698 | -1,255,753 | -646,340 | -2,181,205 | -1,218,927 | -1,907,364 | -1,496,068 | -1,539,088 | -1,141,627 |
| Stock | -719,295 | 250,808 | 590,857 | -1,263,338 | -757,332 | 360,812 | -520,786 | -872,299 | 1,446,604 | 242,760 | 324,414 | -538,836 | 1,307,154 | 1,041,716 |
| Debtors | -1,224,807 | 645,261 | -4,926,899 | -2,061,091 | 1,516,151 | -1,477,097 | -631,134 | -2,361,123 | 4,068,031 | 3,496,441 | -707,451 | 1,259,556 | 2,714,097 | 1,732,173 |
| Creditors | 185,502 | -12,289 | -385,119 | -149,964 | -133,713 | -1,700,358 | 1,169,448 | -219,494 | 373,050 | -857,213 | -338,824 | 325,203 | 95,836 | 2,075,348 |
| Accruals and Deferred Income | -118,976 | 344,540 | -1,802,312 | -1,740,510 | -23,162 | -141,583 | -444,283 | -1,120,961 | 704,656 | 177,146 | 2,680,996 | 354,797 | 272,269 | 1,399,089 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -861 | 861 |
| Cash flow from operations | 3,251,086 | 1,547,465 | 5,529,331 | 4,654,603 | 2,356,680 | 3,570,746 | 6,730,526 | 4,957,370 | 3,292,018 | -459,267 | 7,254,481 | 2,978,172 | 431,397 | 3,616,005 |
| Investing Activities | ||||||||||||||
| capital expenditure | -4,600 | -8,838 | -11,513 | -6,869 | -11,395 | -4,051,699 | -4,622,926 | -621,048 | -6,292,377 | |||||
| Change in Investments | 970,021 | 484,824 | 968 | 86,976 | -122,819 | 2,425 | -55,121 | -90,076 | -66,016 | 0 | -16,798,352 | 3,986,178 | -408,236 | 13,599,413 |
| cash flow from investments | -7,025 | 46,283 | 78,563 | 59,147 | -11,395 | 12,746,653 | -8,609,104 | -212,812 | -19,891,790 | |||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 8,419,095 | -14,682 | 15,540 | -543,998 | 569,240 | -82,481 | -53,705 | 78,305 | 57,881 | -1,962 | 1,962 | -458,469 | -156,749 | 615,218 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 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 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 250,511 | 3,978 | 11,659 | 24,918 | 4,806 | -2,115 | 6,046 | 43,328 | 47,495 | 247,529 | 163,392 | 93,131 | 66,842 | 27,406 |
| cash flow from financing | 8,669,606 | -10,704 | -6,045,764 | -519,080 | 574,046 | -84,596 | -47,659 | 121,633 | 48,607 | 245,567 | 57,020 | -429,317 | -89,907 | 14,133,051 |
| cash and cash equivalents | ||||||||||||||
| cash | 10,963,993 | 1,046,204 | -517,092 | 3,997,844 | 194,812 | -2,568,808 | 1,730,163 | -5,129,429 | 3,554,831 | -224,229 | 2,573,395 | -1,451,487 | -278,685 | 2,491,121 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 10,963,993 | 1,046,204 | -517,092 | 3,997,844 | 194,812 | -2,568,808 | 1,730,163 | -5,129,429 | 3,554,831 | -224,229 | 2,573,395 | -1,451,487 | -278,685 | 2,491,121 |
lyndhurst shoe company limited Credit Report and Business Information
Lyndhurst Shoe Company Limited Competitor Analysis
Perform a competitor analysis for lyndhurst shoe company limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mid companies, companies in BB4 area or any other competitors across 12 key performance metrics.
lyndhurst shoe company limited Ownership
LYNDHURST SHOE COMPANY LIMITED group structure
Lyndhurst Shoe Company Limited has no subsidiary companies.
Ultimate parent company
2 parents
LYNDHURST SHOE COMPANY LIMITED
03280008
lyndhurst shoe company limited directors
Lyndhurst Shoe Company Limited currently has 4 directors. The longest serving directors include Mr Shaun Morley (Nov 1996) and Mrs Ashley Morley-Doidge (Sep 2013).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Shaun Morley | United Kingdom | 58 years | Nov 1996 | - | Director |
| Mrs Ashley Morley-Doidge | United Kingdom | 39 years | Sep 2013 | - | Director |
| Ms Rumer Morley | United Kingdom | 32 years | Sep 2013 | - | Director |
| Ms Anne Morley | 68 years | Sep 2013 | - | Director |
P&L
February 2023turnover
10.3m
-13%
operating profit
1.6m
-39%
gross margin
19.3%
-27.13%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2023net assets
11.6m
+0.15%
total assets
21m
+0.91%
cash
16.4m
+2.02%
net assets
Total assets minus all liabilities
lyndhurst shoe company limited company details
company number
03280008
Type
Private limited with Share Capital
industry
46900 - Non-specialised wholesale trade
incorporation date
November 1996
age
28
incorporated
UK
accounts
Full Accounts
ultimate parent company
previous names
N/A
last accounts submitted
February 2023
address
1-7 fallbarn road, rawtenstall, rossendale, BB4 7NT
accountant
-
auditor
DTE BUSINESS ADVISERS LIMITED
lyndhurst shoe company 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 3 charges/mortgages relating to lyndhurst shoe company limited. Currently there are 2 open charges and 1 have been satisfied in the past.
lyndhurst shoe company limited Companies House Filings - See Documents
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