larssen engineering limited

1

larssen engineering limited Company Information

Share LARSSEN ENGINEERING LIMITED
Live 
MatureMicroDeclining

Company Number

03583345

Registered Address

28 canvey road, leigh-on-sea, SS9 2NN

Industry

Dormant Company

 

Telephone

-

Next Accounts Due

June 2025

Group Structure

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Directors

Roger Styles25 Years

Lesley Styles25 Years

Shareholders

roger styles 50%

lesley ann styles 50%

larssen engineering limited Estimated Valuation

£0

Pomanda estimates the enterprise value of LARSSEN ENGINEERING LIMITED at £0 based on a Turnover of £74.6k and 0x industry multiple (adjusted for size and gross margin).

larssen engineering limited Estimated Valuation

£0

Pomanda estimates the enterprise value of LARSSEN ENGINEERING LIMITED at £0 based on an EBITDA of £0 and a 0x industry multiple (adjusted for size and gross margin).

larssen engineering limited Estimated Valuation

£0

Pomanda estimates the enterprise value of LARSSEN ENGINEERING LIMITED at £0 based on Net Assets of £2 and 0x industry multiple (adjusted for liquidity).

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Larssen Engineering Limited Overview

Larssen Engineering Limited is a live company located in leigh-on-sea, SS9 2NN with a Companies House number of 03583345. It operates in the dormant company sector, SIC Code 99999. Founded in June 1998, it's largest shareholder is roger styles with a 50% stake. Larssen Engineering Limited is a mature, micro sized company, Pomanda has estimated its turnover at £74.6k with declining growth in recent years.

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Larssen Engineering Limited Health Check

Pomanda's financial health check has awarded Larssen Engineering Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

1 Strong

positive_score

1 Regular

positive_score

5 Weak

size

Size

annual sales of £74.6k, make it smaller than the average company (£6.8m)

£74.6k - Larssen Engineering Limited

£6.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -19%, show it is growing at a slower rate (6%)

-19% - Larssen Engineering Limited

6% - Industry AVG

production

Production

with a gross margin of 17.5%, this company has a higher cost of product (33.4%)

17.5% - Larssen Engineering Limited

33.4% - Industry AVG

profitability

Profitability

There is insufficient data available for this Key Performance Indicator!

- - Larssen Engineering Limited

- - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (60)

2 - Larssen Engineering Limited

60 - Industry AVG

paystructure

Pay Structure

on an average salary of £40.2k, the company has an equivalent pay structure (£40.2k)

£40.2k - Larssen Engineering Limited

£40.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £37.3k, this is less efficient (£177.4k)

£37.3k - Larssen Engineering Limited

£177.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 0 days, this is earlier than average (40 days)

0 days - Larssen Engineering Limited

40 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Larssen Engineering Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Larssen Engineering Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Larssen Engineering Limited

- - Industry AVG

debtlevel

Debt Level

There is insufficient data available for this Key Performance Indicator!

- - Larssen Engineering Limited

- - Industry AVG

LARSSEN ENGINEERING LIMITED financials

EXPORTms excel logo

Larssen Engineering Limited's latest turnover from September 2023 is estimated at £74.6 thousand and the company has net assets of £2. According to their latest financial statements, Larssen Engineering Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Turnover74,56658,15557,962138,02359,0542,287115,643167,149667,759467,465896,286639,738350,465410,385223,869
Other Income Or Grants000000000000000
Cost Of Sales61,47947,46447,802114,48048,9771,92195,939140,062558,835391,291727,436463,257292,367275,254163,044
Gross Profit13,08710,69110,16023,54210,07736619,70427,088108,92476,175168,850176,48158,098135,13160,825
Admin Expenses13,08710,69110,15823,54210,14927,648116,43391,61940,82299,460168,850176,48172,19646,53258,578
Operating Profit0020-72-27,282-96,729-64,53168,102-23,28500-14,09888,5992,247
Interest Payable00000000089000210574
Interest Receivable00000185550353700005
Pre-Tax Profit0020-72-27,264-96,674-64,48168,138-23,33679,25033,488-17,21979,5201,678
Tax00000000-13,6270-16,000-6,5003,365-16,000-300
Profit After Tax0020-72-27,264-96,674-64,48154,510-23,33663,25026,988-13,85463,5201,378
Dividends Paid000000000000000
Retained Profit0020-72-27,264-96,674-64,48154,510-23,33663,25026,988-13,85463,5201,378
Employee Costs80,46972,18871,37867,39167,92032,57630,75830,36561,19060,49787,22287,72258,86457,6720
Number Of Employees222221112233220
EBITDA*0020-72-27,282-96,729-59,73170,602-19,9852,2002,548-12,39690,7042,931

* Earnings Before Interest, Tax, Depreciation and Amortisation

Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Tangible Assets000000036,5006,3008,8008,50010,7008,0607,5002,805
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets000000036,5006,3008,8008,50010,7008,0607,5002,805
Stock & work in progress000000030,50034,50034,50011,50016,50016,50015,50027,500
Trade Debtors2220244322,10449,477209,787137,998217,51672,88042,93712,59732,540
Group Debtors000000000000000
Misc Debtors0002006,55600039,31532,21912,3615,84718,241
Cash0000004,78139,32770913,3411,62179,90214,13683,569740
misc current assets000000000000000
total current assets2222244333,441119,304244,996185,839269,952201,50185,934117,51379,021
total assets2222244333,441155,804251,296194,639278,452212,20193,994125,01381,826
Bank overdraft00000000002,72700018,081
Bank loan000000000000000
Trade Creditors 00000005,70662,80360,65681,25891,91522,30211,46724,945
Group/Directors Accounts000003694821,133006000012,00015,365
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities0000006,0554,9530036,54826,2174,61120,6116,020
total current liabilities000003696,10331,79262,80360,656121,133118,13226,91344,07864,411
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions000000000000000
total long term liabilities000000000000000
total liabilities000003696,10331,79262,80360,656121,133118,13226,91344,07864,411
net assets222227427,338124,012188,493133,983157,31994,06967,08180,93517,415
total shareholders funds222227427,338124,012188,493133,983157,31994,06967,08180,93517,415
Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Operating Activities
Operating Profit0020-72-27,282-96,729-64,53168,102-23,28500-14,09888,5992,247
Depreciation00000004,8002,5003,3002,2002,5481,7022,105684
Amortisation000000000000000
Tax00000000-13,6270-16,000-6,5003,365-16,000-300
Stock000000-30,500-4,000023,000-5,00001,000-12,00027,500
Debtors0000-441-28,217-20,817-160,31071,789-118,833151,73249,80136,854-32,33750,781
Creditors000000-5,706-57,0972,147-20,602-10,65769,61310,835-13,47824,945
Accruals and Deferred Income00000-6,0551,1024,9530-36,54810,33121,606-16,00014,5916,020
Deferred Taxes & Provisions000000000000000
Cash flow from operations0020369-5,120-50,01652,435-12,66718,698-160,85837,466-52,050120,154-44,685
Investing Activities
capital expenditure00000036,500-35,0000-3,6000-5,188-2,262-6,800-3,489
Change in Investments000000000000000
cash flow from investments00000036,500-35,0000-3,6000-5,188-2,262-6,800-3,489
Financing Activities
Bank loans000000000000000
Group/Directors Accounts0000-369321-21,08521,1330-6006000-12,000-3,36515,365
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue00-20000000000016,037
interest0000018555035-52000-210-569
cash flow from financing00-20-369339-21,03021,18335-6526000-12,000-3,57530,833
cash and cash equivalents
cash00000-4,781-34,54638,618-12,63211,720-78,28165,766-69,43382,829740
overdraft000000000-2,7272,72700-18,08118,081
change in cash00000-4,781-34,54638,618-12,63214,447-81,00865,766-69,433100,910-17,341

larssen engineering limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Larssen Engineering Limited Competitor Analysis

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Perform a competitor analysis for larssen engineering limited by selecting its closest rivals, whether from the ACTIVITIES OF EXTRATERRITORIAL ORGANISATIONS AND BODIES sector, other micro companies, companies in SS9 area or any other competitors across 12 key performance metrics.

larssen engineering limited Ownership

LARSSEN ENGINEERING LIMITED group structure

Larssen Engineering Limited has no subsidiary companies.

Ultimate parent company

LARSSEN ENGINEERING LIMITED

03583345

LARSSEN ENGINEERING LIMITED Shareholders

roger styles 50%
lesley ann styles 50%

larssen engineering limited directors

Larssen Engineering Limited currently has 2 directors. The longest serving directors include Mr Roger Styles (Nov 1998) and Ms Lesley Styles (Nov 1998).

officercountryagestartendrole
Mr Roger StylesEngland77 years Nov 1998- Director
Ms Lesley StylesEngland76 years Nov 1998- Director

P&L

September 2023

turnover

74.6k

+28%

operating profit

0

0%

gross margin

17.6%

-4.53%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

September 2023

net assets

2

0%

total assets

2

0%

cash

0

0%

net assets

Total assets minus all liabilities

larssen engineering limited company details

company number

03583345

Type

Private limited with Share Capital

industry

99999 - Dormant Company

incorporation date

June 1998

age

26

incorporated

UK

accounts

Micro-Entity Accounts

ultimate parent company

None

previous names

crownmex services limited (November 1998)

last accounts submitted

September 2023

address

28 canvey road, leigh-on-sea, SS9 2NN

accountant

-

auditor

-

larssen engineering 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 did not find charges/mortgages relating to larssen engineering limited.

charges

larssen engineering limited Companies House Filings - See Documents

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