luff group limited
luff group limited Company Information
Company Number
03289104
Website
www.luff.co.ukRegistered Address
1 liverpool terrace, worthing, BN11 1TA
Industry
Activities of head offices
Telephone
01189781558
Next Accounts Due
537 days late
Group Structure
View All
Shareholders
pye properties limited 100%
luff group limited Estimated Valuation
Pomanda estimates the enterprise value of LUFF GROUP LIMITED at £10.1k based on a Turnover of £5.9k and 1.71x industry multiple (adjusted for size and gross margin).
luff group limited Estimated Valuation
Pomanda estimates the enterprise value of LUFF GROUP LIMITED at £0 based on an EBITDA of £-11.9m and a 4.71x industry multiple (adjusted for size and gross margin).
luff group limited Estimated Valuation
Pomanda estimates the enterprise value of LUFF GROUP LIMITED at £75.9m based on Net Assets of £24.6m and 3.09x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Luff Group Limited Overview
Luff Group Limited is a live company located in worthing, BN11 1TA with a Companies House number of 03289104. It operates in the activities of head offices sector, SIC Code 70100. Founded in December 1996, it's largest shareholder is pye properties limited with a 100% stake. Luff Group Limited is a mature, micro sized company, Pomanda has estimated its turnover at £5.9k with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Luff Group Limited Health Check
Pomanda's financial health check has awarded Luff Group Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £5.9k, make it smaller than the average company (£16.8m)
- Luff Group Limited
£16.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -91%, show it is growing at a slower rate (-0.5%)
- Luff Group Limited
-0.5% - Industry AVG
Production
with a gross margin of 31.4%, this company has a comparable cost of product (31.4%)
- Luff Group Limited
31.4% - Industry AVG
Profitability
an operating margin of -201269% make it less profitable than the average company (4.1%)
- Luff Group Limited
4.1% - Industry AVG
Employees
with 1 employees, this is below the industry average (120)
- Luff Group Limited
120 - Industry AVG
Pay Structure
on an average salary of £40.1k, the company has an equivalent pay structure (£40.1k)
- Luff Group Limited
£40.1k - Industry AVG
Efficiency
resulting in sales per employee of £5.9k, this is less efficient (£150.3k)
- Luff Group Limited
£150.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Luff Group Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 98 days, this is slower than average (46 days)
- Luff Group Limited
46 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Luff Group Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (18 weeks)
2 weeks - Luff Group Limited
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 9.6%, this is a lower level of debt than the average (59.1%)
9.6% - Luff Group Limited
59.1% - Industry AVG
LUFF GROUP LIMITED financials
Luff Group Limited's latest turnover from April 2021 is estimated at £5.9 thousand and the company has net assets of £24.6 million. According to their latest financial statements, we estimate that Luff Group Limited has 1 employee and maintains cash reserves of £102.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 2,851,473 | 3,902,136 | 9,539,070 | 3,743,199 | 3,520,375 | 2,341,932 | ||||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Cost Of Sales | 2,108,884 | 2,167,236 | 6,626,863 | 1,644,416 | 1,063,241 | 814,146 | ||||||
| Gross Profit | 742,589 | 1,734,900 | 2,912,207 | 2,098,783 | 2,457,134 | 1,527,786 | ||||||
| Admin Expenses | -1,310,459 | 57,432 | -272,026 | 714,164 | 830,619 | 841,327 | ||||||
| Operating Profit | 2,053,048 | 1,677,468 | 3,184,233 | 1,384,619 | 1,626,515 | 686,459 | ||||||
| Interest Payable | 0 | 0 | 1,202 | 32,849 | 51,736 | 30,628 | ||||||
| Interest Receivable | 23,106 | 250,238 | 43,857 | 23,756 | 12,350 | |||||||
| Pre-Tax Profit | 2,076,154 | 1,927,706 | 3,514,521 | 1,320,627 | 1,451,365 | 668,181 | ||||||
| Tax | -625,736 | -265,875 | -542,190 | -295,471 | -399,671 | -188,845 | ||||||
| Profit After Tax | 1,450,418 | 1,661,831 | 2,972,331 | 1,025,156 | 1,051,694 | 479,336 | ||||||
| Dividends Paid | 0 | 3,500,000 | 2,000,000 | 0 | 0 | 0 | ||||||
| Retained Profit | 1,450,418 | -1,838,169 | 972,331 | 1,025,156 | 1,051,694 | 479,336 | ||||||
| Employee Costs | 962,443 | 1,122,820 | 1,151,204 | 0 | 0 | 1,196,838 | 1,175,180 | 1,001,794 | ||||
| Number Of Employees | 15 | 18 | 17 | 19 | 19 | 18 | ||||||
| EBITDA* | 2,067,606 | 1,694,390 | 3,204,526 | 1,541,055 | 1,780,726 | 845,076 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 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 | 0 | 51,166 | 55,781 | 0 | 0 | 0 | 0 | 0 | 0 | 6,365,720 | 10,316,524 | 12,031,569 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,092,487 | 1,229,048 | 1,365,609 |
| Investments & Other | 6,378,513 | 11,626,001 | 12,718,000 | 11,593,000 | 15,932,646 | 15,932,646 | 15,932,646 | 15,932,646 | 15,932,646 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 6,378,513 | 11,677,167 | 12,773,781 | 11,756,232 | 15,932,646 | 15,932,646 | 15,932,646 | 15,932,646 | 15,932,646 | 7,458,207 | 11,545,572 | 13,397,178 |
| Stock & work in progress | 0 | 0 | 13,159,758 | 13,202,709 | 0 | 0 | 0 | 0 | 0 | 15,241,064 | 14,798,446 | 15,697,582 |
| Trade Debtors | 0 | 136,599 | 93,174 | 102,173 | 0 | 0 | 265,260 | 318,979 | 321,500 | 274,691 | 235,128 | 180,518 |
| Group Debtors | 20,721,003 | 3,128,931 | 2,110,707 | 264,390 | 264,390 | 264,390 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 1,159,949 | 2,048,270 | 0 | 0 | 0 | 0 | 0 | 0 | 2,020,191 | 3,787,729 | 795,752 |
| Cash | 102,787 | 4,981,245 | 5,135,225 | 6,538,283 | 7,404 | 7,404 | 6,534 | 944 | 824 | 4,607,453 | 3,587,480 | 634,832 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 20,823,790 | 25,413,924 | 22,547,134 | 25,387,269 | 271,794 | 271,794 | 271,794 | 319,923 | 322,324 | 22,143,399 | 22,408,783 | 17,308,684 |
| total assets | 27,202,303 | 37,091,091 | 35,320,915 | 37,143,501 | 16,204,440 | 16,204,440 | 16,204,440 | 16,252,569 | 16,254,970 | 29,601,606 | 33,954,355 | 30,705,862 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 584,000 | 333,332 |
| Trade Creditors | 1,092 | 82,655 | 90,833 | 163,209 | 0 | 0 | 1,350 | 4,110 | 3,135 | 257,696 | 207,759 | 243,009 |
| Group/Directors Accounts | 2,560,829 | 2,445,562 | 2,397,688 | 2,270,807 | 2,750 | 1,350 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,124,656 | 1,304,656 | 1,418,231 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 40,465 | 3,564,312 | 3,278,004 | 1,500 | 2,150 | 1,400 | 0 | 0 | 0 | 1,720,256 | 5,062,010 | 1,674,053 |
| total current liabilities | 2,602,386 | 6,092,529 | 5,766,525 | 5,845,713 | 4,900 | 2,750 | 1,350 | 4,110 | 3,135 | 3,102,608 | 7,158,425 | 3,668,625 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 728,088 | 1,500,089 |
| hp & lease commitments | 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 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 463,704 | 469,950 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 463,704 | 469,950 | 375,179 | 0 | 0 | 0 | 0 | 0 | 0 | 728,088 | 1,500,089 |
| total liabilities | 2,602,386 | 6,556,233 | 6,236,475 | 6,220,892 | 4,900 | 2,750 | 1,350 | 4,110 | 3,135 | 3,102,608 | 7,886,513 | 5,168,714 |
| net assets | 24,599,917 | 30,534,858 | 29,084,440 | 30,922,609 | 16,199,540 | 16,201,690 | 16,203,090 | 16,248,459 | 16,251,835 | 26,498,998 | 26,067,842 | 25,537,148 |
| total shareholders funds | 24,599,917 | 30,534,858 | 29,084,440 | 30,922,609 | 16,199,540 | 16,201,690 | 16,203,090 | 16,248,459 | 16,251,835 | 26,498,998 | 26,067,842 | 25,537,148 |
| Apr 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 | 2,053,048 | 1,677,468 | 3,184,233 | 1,384,619 | 1,626,515 | 686,459 | ||||||
| Depreciation | 0 | 14,558 | 16,922 | 20,293 | 0 | 0 | 0 | 0 | 0 | 19,875 | 17,650 | 22,056 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 136,561 | 136,561 | 136,561 |
| Tax | -625,736 | -265,875 | -542,190 | -295,471 | -399,671 | -188,845 | ||||||
| Stock | 0 | -13,159,758 | -42,951 | 13,202,709 | 0 | 0 | 0 | 0 | -15,241,064 | 442,618 | -899,136 | 15,697,582 |
| Debtors | 16,295,524 | 173,328 | 3,987,761 | 0 | 0 | -870 | -53,719 | -2,521 | -1,973,382 | -1,727,975 | 3,046,587 | 976,270 |
| Creditors | -81,563 | -8,178 | -72,376 | 163,209 | 0 | -1,350 | -2,760 | 975 | -254,561 | 49,937 | -35,250 | 243,009 |
| Accruals and Deferred Income | -3,523,847 | 286,308 | 3,276,504 | -650 | 750 | 1,400 | 0 | 0 | -1,720,256 | -3,341,754 | 3,387,957 | 1,674,053 |
| Deferred Taxes & Provisions | -463,704 | -6,246 | 469,950 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 14,700,184 | 1,157,783 | -10,377,814 | -760,876 | 2,586,311 | -14,100,559 | ||||||
| Investing Activities | ||||||||||||
| capital expenditure | 3,263,193 | 1,029,225 | -4,048 | |||||||||
| Change in Investments | -5,247,488 | -1,091,999 | 1,125,000 | -4,339,646 | 0 | 0 | 0 | 0 | 15,932,646 | 0 | 0 | 0 |
| cash flow from investments | 3,263,193 | 1,029,225 | -4,048 | |||||||||
| Financing Activities | ||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -584,000 | 250,668 | 333,332 |
| Group/Directors Accounts | 115,267 | 47,874 | 126,881 | 2,268,057 | 1,400 | 1,350 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,124,656 | -180,000 | -113,575 | 1,418,231 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -728,088 | -772,001 | 1,500,089 |
| Hire Purchase and Lease Commitments | 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 |
| share issue | ||||||||||||
| interest | 23,106 | 250,238 | 11,008 | -27,980 | -18,278 | |||||||
| cash flow from financing | 70,980 | 377,119 | -2,075,080 | -1,183,888 | 28,291,186 | |||||||
| cash and cash equivalents | ||||||||||||
| cash | -4,878,458 | -153,980 | -1,403,058 | 6,530,879 | 0 | 870 | 5,590 | 120 | -4,606,629 | 1,019,973 | 2,952,648 | 634,832 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -4,878,458 | -153,980 | -1,403,058 | 6,530,879 | 0 | 870 | 5,590 | 120 | -4,606,629 | 1,019,973 | 2,952,648 | 634,832 |
luff group limited Credit Report and Business Information
Luff Group Limited Competitor Analysis
Perform a competitor analysis for luff group limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
luff group limited Ownership
LUFF GROUP LIMITED group structure
Luff Group Limited has 7 subsidiary companies.
Ultimate parent company
2 parents
LUFF GROUP LIMITED
03289104
7 subsidiaries
luff group limited directors
Luff Group Limited currently has 2 directors. The longest serving directors include Mr George Palmer (Mar 2021) and Mr Rupert Spice (Mar 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr George Palmer | England | 38 years | Mar 2021 | - | Director |
| Mr Rupert Spice | England | 45 years | Mar 2021 | - | Director |
P&L
April 2021turnover
5.9k
-100%
operating profit
-11.9m
0%
gross margin
31.4%
+20.56%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2021net assets
24.6m
-0.19%
total assets
27.2m
-0.27%
cash
102.8k
-0.98%
net assets
Total assets minus all liabilities
Similar Companies
luff group limited company details
company number
03289104
Type
Private limited with Share Capital
industry
70100 - Activities of head offices
incorporation date
December 1996
age
28
accounts
Group
ultimate parent company
previous names
shelfco (no. 1269) limited (May 1997)
incorporated
UK
address
1 liverpool terrace, worthing, BN11 1TA
last accounts submitted
April 2021
luff group 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 1 charges/mortgages relating to luff group limited. Currently there are 0 open charges and 1 have been satisfied in the past.
luff group limited Companies House Filings - See Documents
| date | description | view/download |
|---|
