laycock mechanical services limited
laycock mechanical services limited Company Information
Company Number
03462417
Website
www.lmsnorthwest.co.ukRegistered Address
117/118 woodward road, knowsley industrial park, liverpool, L33 7UY
Industry
Plumbing, heat and air-conditioning installation
Telephone
-
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
rowson & crierie ltd 100%
laycock mechanical services limited Estimated Valuation
Pomanda estimates the enterprise value of LAYCOCK MECHANICAL SERVICES LIMITED at £2.6m based on a Turnover of £4.7m and 0.55x industry multiple (adjusted for size and gross margin).
laycock mechanical services limited Estimated Valuation
Pomanda estimates the enterprise value of LAYCOCK MECHANICAL SERVICES LIMITED at £222.8k based on an EBITDA of £38.1k and a 5.85x industry multiple (adjusted for size and gross margin).
laycock mechanical services limited Estimated Valuation
Pomanda estimates the enterprise value of LAYCOCK MECHANICAL SERVICES LIMITED at £0 based on Net Assets of £-76.9k and 3.13x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Laycock Mechanical Services Limited Overview
Laycock Mechanical Services Limited is a live company located in liverpool, L33 7UY with a Companies House number of 03462417. It operates in the plumbing, heat and air-conditioning installation sector, SIC Code 43220. Founded in November 1997, it's largest shareholder is rowson & crierie ltd with a 100% stake. Laycock Mechanical Services Limited is a mature, small sized company, Pomanda has estimated its turnover at £4.7m with high growth in recent years.
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Laycock Mechanical Services Limited Health Check
Pomanda's financial health check has awarded Laycock Mechanical Services Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
3 Weak
Size
annual sales of £4.7m, make it larger than the average company (£446k)
- Laycock Mechanical Services Limited
£446k - Industry AVG
Growth
3 year (CAGR) sales growth of 21%, show it is growing at a faster rate (9.1%)
- Laycock Mechanical Services Limited
9.1% - Industry AVG
Production
with a gross margin of 27.7%, this company has a comparable cost of product (27.7%)
- Laycock Mechanical Services Limited
27.7% - Industry AVG
Profitability
an operating margin of 0.6% make it less profitable than the average company (6.1%)
- Laycock Mechanical Services Limited
6.1% - Industry AVG
Employees
with 11 employees, this is above the industry average (5)
11 - Laycock Mechanical Services Limited
5 - Industry AVG
Pay Structure
on an average salary of £35.7k, the company has an equivalent pay structure (£35.7k)
- Laycock Mechanical Services Limited
£35.7k - Industry AVG
Efficiency
resulting in sales per employee of £429.7k, this is more efficient (£119.3k)
- Laycock Mechanical Services Limited
£119.3k - Industry AVG
Debtor Days
it gets paid by customers after 62 days, this is near the average (53 days)
- Laycock Mechanical Services Limited
53 days - Industry AVG
Creditor Days
its suppliers are paid after 116 days, this is slower than average (46 days)
- Laycock Mechanical Services Limited
46 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Laycock Mechanical Services Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (19 weeks)
0 weeks - Laycock Mechanical Services Limited
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 106.7%, this is a higher level of debt than the average (63.5%)
106.7% - Laycock Mechanical Services Limited
63.5% - Industry AVG
LAYCOCK MECHANICAL SERVICES LIMITED financials
Laycock Mechanical Services Limited's latest turnover from December 2023 is estimated at £4.7 million and the company has net assets of -£76.9 thousand. According to their latest financial statements, Laycock Mechanical Services Limited has 11 employees and maintains cash reserves of £16.3 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 | |||||||||||||||
| 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 | 11 | 11 | 11 | 11 | 11 | 11 | 12 | 12 | |||||||
| EBITDA* |
* 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 | 9,757 | 21,181 | 32,783 | 44,385 | 11,817 | 23,628 | 38,741 | 28,378 | 27,108 | 32,672 | 28,400 | 27,733 | 44,893 | 47,804 | 54,557 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 8,582 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 9,757 | 21,181 | 41,365 | 44,385 | 11,817 | 23,628 | 38,741 | 28,378 | 27,108 | 32,672 | 28,400 | 27,733 | 44,893 | 47,804 | 54,557 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 805,509 | 454,340 | 487,077 | 470,839 | 689,048 | 1,175,306 | 711,355 | 1,325,831 | 1,053,555 | 1,297,809 | 768,421 | 871,274 | 489,602 | 473,728 | 317,054 |
| Group Debtors | 271,076 | 290,294 | 305,074 | 310,696 | 336,114 | 314,329 | 381,504 | 341,504 | 264,240 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 48,851 | 59,314 | 42,065 | 55,056 | 92,142 | 79,859 | 16,892 | 35,978 | 28,784 | 0 | 0 | 0 | 0 | 44,324 | 0 |
| Cash | 16,299 | 1,121 | 4,823 | 30,197 | 47,424 | 2,266 | 45,771 | 268,847 | 56,628 | 28,432 | 339,629 | 17,450 | 52,723 | 279,245 | 199,362 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 155,000 | 155,000 |
| total current assets | 1,141,735 | 805,069 | 839,039 | 866,788 | 1,164,728 | 1,571,760 | 1,155,522 | 1,972,160 | 1,403,207 | 1,326,241 | 1,108,050 | 888,724 | 542,325 | 952,297 | 671,416 |
| total assets | 1,151,492 | 826,250 | 880,404 | 911,173 | 1,176,545 | 1,595,388 | 1,194,263 | 2,000,538 | 1,430,315 | 1,358,913 | 1,136,450 | 916,457 | 587,218 | 1,000,101 | 725,973 |
| Bank overdraft | 10,000 | 76,349 | 0 | 0 | 0 | 0 | 0 | 0 | 1,535 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,092,644 | 737,588 | 855,596 | 570,887 | 873,164 | 953,795 | 565,863 | 1,248,524 | 320,562 | 871,049 | 655,267 | 690,561 | 399,786 | 635,792 | 424,303 |
| Group/Directors Accounts | 3,500 | 3,000 | 2,500 | 2,000 | 1,500 | 1,000 | 500 | 790 | 790 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 28,420 | 33,020 | 37,619 | 42,218 | 0 | 0 | 0 | 101 | 1,208 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 79,614 | 44,176 | 76,576 | 95,369 | 54,405 | 96,771 | 81,385 | 120,460 | 501,313 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 1,214,178 | 894,133 | 972,291 | 710,474 | 929,069 | 1,051,566 | 647,748 | 1,369,875 | 825,408 | 871,049 | 655,267 | 690,561 | 399,786 | 635,792 | 424,303 |
| loans | 14,167 | 24,167 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 101 | 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 | 1,598 | 3,261 | 0 | 0 | 0 | 954 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 343 | 0 | 1,615 |
| total long term liabilities | 14,167 | 24,167 | 0 | 0 | 0 | 0 | 0 | 0 | 101 | 1,598 | 3,261 | 0 | 343 | 0 | 2,569 |
| total liabilities | 1,228,345 | 918,300 | 972,291 | 710,474 | 929,069 | 1,051,566 | 647,748 | 1,369,875 | 825,509 | 872,647 | 658,528 | 690,561 | 400,129 | 635,792 | 426,872 |
| net assets | -76,853 | -92,050 | -91,887 | 200,699 | 247,476 | 543,822 | 546,515 | 630,663 | 604,806 | 486,266 | 477,922 | 225,896 | 187,089 | 364,309 | 299,101 |
| total shareholders funds | -76,853 | -92,050 | -91,887 | 200,699 | 247,476 | 543,822 | 546,515 | 630,663 | 604,806 | 486,266 | 477,922 | 225,896 | 187,089 | 364,309 | 299,101 |
| 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 | |||||||||||||||
| Depreciation | 11,424 | 11,602 | 11,602 | 1,940 | 11,810 | 15,113 | 15,274 | 5,926 | 11,279 | 7,625 | 11,885 | 14,332 | 6,269 | 20,355 | 18,592 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 321,488 | -38,850 | 6,207 | -280,713 | -452,190 | 459,743 | -593,562 | 356,734 | 48,770 | 529,388 | -102,853 | 381,672 | -28,450 | 200,998 | 317,054 |
| Creditors | 355,056 | -118,008 | 284,709 | -302,277 | -80,631 | 387,932 | -682,661 | 927,962 | -550,487 | 215,782 | -35,294 | 290,775 | -236,006 | 211,489 | 424,303 |
| Accruals and Deferred Income | 35,438 | -32,400 | -18,793 | 40,964 | -42,366 | 15,386 | -39,075 | -380,853 | 501,313 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -343 | 343 | -1,615 | 1,615 |
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 500 | 500 | 500 | 500 | 500 | 500 | -290 | 0 | 790 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -10,000 | 24,167 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | -4,600 | -4,599 | -4,599 | 42,218 | 0 | 0 | -101 | -1,208 | 1,309 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,598 | -1,663 | 3,261 | 0 | 0 | -954 | 954 |
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 15,178 | -3,702 | -25,374 | -17,227 | 45,158 | -43,505 | -223,076 | 212,219 | 28,196 | -311,197 | 322,179 | -35,273 | -226,522 | 79,883 | 199,362 |
| overdraft | -66,349 | 76,349 | 0 | 0 | 0 | 0 | 0 | -1,535 | 1,535 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 81,527 | -80,051 | -25,374 | -17,227 | 45,158 | -43,505 | -223,076 | 213,754 | 26,661 | -311,197 | 322,179 | -35,273 | -226,522 | 79,883 | 199,362 |
laycock mechanical services limited Credit Report and Business Information
Laycock Mechanical Services Limited Competitor Analysis
Perform a competitor analysis for laycock mechanical services limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in L33 area or any other competitors across 12 key performance metrics.
laycock mechanical services limited Ownership
LAYCOCK MECHANICAL SERVICES LIMITED group structure
Laycock Mechanical Services Limited has no subsidiary companies.
Ultimate parent company
1 parent
LAYCOCK MECHANICAL SERVICES LIMITED
03462417
laycock mechanical services limited directors
Laycock Mechanical Services Limited currently has 2 directors. The longest serving directors include Mr David Rowson (Jun 2014) and Mr Leslie Crierie (Jun 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Rowson | England | 58 years | Jun 2014 | - | Director |
| Mr Leslie Crierie | England | 56 years | Jun 2014 | - | Director |
P&L
December 2023turnover
4.7m
+63%
operating profit
26.7k
0%
gross margin
27.7%
-3.82%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-76.9k
-0.17%
total assets
1.2m
+0.39%
cash
16.3k
+13.54%
net assets
Total assets minus all liabilities
laycock mechanical services limited company details
company number
03462417
Type
Private limited with Share Capital
industry
43220 - Plumbing, heat and air-conditioning installation
incorporation date
November 1997
age
27
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
JOHNSTONE HOWELL & CO
auditor
-
address
117/118 woodward road, knowsley industrial park, liverpool, L33 7UY
Bank
-
Legal Advisor
-
laycock mechanical services 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 laycock mechanical services limited. Currently there are 2 open charges and 0 have been satisfied in the past.
laycock mechanical services limited Companies House Filings - See Documents
| date | description | view/download |
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