lbs security services limited Company Information
Company Number
03684674
Website
www.lbsgroup.co.ukRegistered Address
unit 6 sterling trading estate, rainham road south, dagenham, essex, RM10 8TX
Industry
Manufacture of other fabricated metal products n.e.c.
Telephone
02085176655
Next Accounts Due
88 days late
Group Structure
View All
Directors
Laurence Bird25 Years
Shareholders
lbs assets ltd 100%
lbs security services limited Estimated Valuation
Pomanda estimates the enterprise value of LBS SECURITY SERVICES LIMITED at £1.9m based on a Turnover of £3.2m and 0.6x industry multiple (adjusted for size and gross margin).
lbs security services limited Estimated Valuation
Pomanda estimates the enterprise value of LBS SECURITY SERVICES LIMITED at £531.5k based on an EBITDA of £132k and a 4.03x industry multiple (adjusted for size and gross margin).
lbs security services limited Estimated Valuation
Pomanda estimates the enterprise value of LBS SECURITY SERVICES LIMITED at £3.5m based on Net Assets of £1.7m and 2.02x industry multiple (adjusted for liquidity).
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Lbs Security Services Limited Overview
Lbs Security Services Limited is a live company located in dagenham, RM10 8TX with a Companies House number of 03684674. It operates in the manufacture of other fabricated metal products n.e.c. sector, SIC Code 25990. Founded in December 1998, it's largest shareholder is lbs assets ltd with a 100% stake. Lbs Security Services Limited is a mature, small sized company, Pomanda has estimated its turnover at £3.2m with declining growth in recent years.
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Lbs Security Services Limited Health Check
Pomanda's financial health check has awarded Lbs Security Services Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
6 Weak
Size
annual sales of £3.2m, make it smaller than the average company (£10.6m)
- Lbs Security Services Limited
£10.6m - Industry AVG
Growth
3 year (CAGR) sales growth of -10%, show it is growing at a slower rate (0.4%)
- Lbs Security Services Limited
0.4% - Industry AVG
Production
with a gross margin of 29.2%, this company has a comparable cost of product (29.2%)
- Lbs Security Services Limited
29.2% - Industry AVG
Profitability
an operating margin of 2.5% make it less profitable than the average company (6.4%)
- Lbs Security Services Limited
6.4% - Industry AVG
Employees
with 34 employees, this is below the industry average (72)
34 - Lbs Security Services Limited
72 - Industry AVG
Pay Structure
on an average salary of £36.1k, the company has an equivalent pay structure (£36.1k)
- Lbs Security Services Limited
£36.1k - Industry AVG
Efficiency
resulting in sales per employee of £94.8k, this is less efficient (£132.2k)
- Lbs Security Services Limited
£132.2k - Industry AVG
Debtor Days
it gets paid by customers after 85 days, this is later than average (67 days)
- Lbs Security Services Limited
67 days - Industry AVG
Creditor Days
its suppliers are paid after 94 days, this is slower than average (54 days)
- Lbs Security Services Limited
54 days - Industry AVG
Stock Days
it holds stock equivalent to 14 days, this is less than average (73 days)
- Lbs Security Services Limited
73 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 52 weeks, this is more cash available to meet short term requirements (16 weeks)
52 weeks - Lbs Security Services Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 40.6%, this is a lower level of debt than the average (49.6%)
40.6% - Lbs Security Services Limited
49.6% - Industry AVG
lbs security services limited Credit Report and Business Information
Lbs Security Services Limited Competitor Analysis
Perform a competitor analysis for lbs security services limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
lbs security services limited Ownership
LBS SECURITY SERVICES LIMITED group structure
Lbs Security Services Limited has no subsidiary companies.
Ultimate parent company
LBS SECURITY SERVICES LIMITED
03684674
lbs security services limited directors
Lbs Security Services Limited currently has 1 director, Laurence Bird serving since Dec 1998.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Laurence Bird | United Kingdom | 61 years | Dec 1998 | - | Director |
LBS SECURITY SERVICES LIMITED financials
Lbs Security Services Limited's latest turnover from March 2022 is estimated at £3.2 million and the company has net assets of £1.7 million. According to their latest financial statements, Lbs Security Services Limited has 34 employees and maintains cash reserves of £921.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 5,624,504 | ||||||||||||
Other Income Or Grants | 0 | ||||||||||||
Cost Of Sales | 3,626,976 | ||||||||||||
Gross Profit | 1,997,528 | ||||||||||||
Admin Expenses | 2,434,102 | ||||||||||||
Operating Profit | -436,574 | ||||||||||||
Interest Payable | 38,308 | ||||||||||||
Interest Receivable | 0 | ||||||||||||
Pre-Tax Profit | -699,882 | ||||||||||||
Tax | 40,865 | ||||||||||||
Profit After Tax | -659,017 | ||||||||||||
Dividends Paid | 100,000 | ||||||||||||
Retained Profit | -759,017 | ||||||||||||
Employee Costs | 2,269,918 | ||||||||||||
Number Of Employees | 34 | 39 | 42 | 42 | 41 | 37 | 44 | 68 | |||||
EBITDA* | 185,527 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 166,357 | 166,371 | 250,349 | 216,099 | 163,280 | 138,767 | 118,188 | 116,194 | 153,111 | 131,378 | 240,109 | 403,394 | 283,490 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 74,523 | 149,045 | 223,568 | 298,090 | 372,612 | 496,816 |
Investments & Other | 85,644 | 85,644 | 875,718 | 875,718 | 356,994 | 107,714 | 78,841 | 73,757 | 73,407 | 58,824 | 58,824 | 58,824 | 58,823 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 252,001 | 252,015 | 1,126,067 | 1,091,817 | 520,274 | 246,481 | 197,029 | 264,474 | 375,563 | 413,770 | 597,023 | 834,830 | 839,129 |
Stock & work in progress | 93,805 | 127,304 | 150,742 | 173,926 | 190,076 | 167,453 | 276,026 | 507,882 | 396,884 | 443,593 | 473,731 | 479,814 | 405,550 |
Trade Debtors | 756,761 | 831,365 | 1,173,223 | 1,188,661 | 1,038,116 | 1,091,801 | 1,041,897 | 1,052,510 | 1,094,330 | 1,283,868 | 1,455,708 | 1,212,622 | 1,129,662 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 858,647 | 675,741 | 527,616 | 220,086 | 348,551 | 333,951 | 233,385 | 238,948 | 0 | 0 | 0 | 0 | 37,203 |
Cash | 921,122 | 1,042,659 | 428,370 | 734,363 | 196 | 579 | 5,183 | 14,071 | 14,985 | 21,908 | 6,745 | 2,437 | 21,977 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 2,630,335 | 2,677,069 | 2,279,951 | 2,317,036 | 1,576,939 | 1,593,784 | 1,556,491 | 1,813,411 | 1,506,199 | 1,749,369 | 1,936,184 | 1,694,873 | 1,594,392 |
total assets | 2,882,336 | 2,929,084 | 3,406,018 | 3,408,853 | 2,097,213 | 1,840,265 | 1,753,520 | 2,077,885 | 1,881,762 | 2,163,139 | 2,533,207 | 2,529,703 | 2,433,521 |
Bank overdraft | 50,000 | 50,000 | 0 | 18,229 | 45,102 | 3,089 | 186,028 | 441,983 | 0 | 0 | 0 | 0 | 182,357 |
Bank loan | 0 | 0 | 0 | 0 | 34,921 | 33,036 | 13,420 | 0 | 0 | 0 | 0 | 0 | 349,749 |
Trade Creditors | 588,268 | 498,371 | 661,527 | 671,279 | 617,956 | 713,799 | 661,488 | 671,363 | 1,108,782 | 1,117,236 | 1,472,649 | 1,248,908 | 666,636 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9,282 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 39,497 | 59,270 | 76,818 | 49,160 | 24,667 | 16,274 | 38,136 | 41,055 | 0 | 0 | 0 | 0 | 35,853 |
other current liabilities | 234,131 | 330,683 | 460,535 | 731,378 | 313,403 | 208,034 | 167,791 | 166,119 | 0 | 0 | 0 | 0 | 469,185 |
total current liabilities | 911,896 | 938,324 | 1,198,880 | 1,470,046 | 1,036,049 | 974,232 | 1,066,863 | 1,320,520 | 1,108,782 | 1,117,236 | 1,472,649 | 1,248,908 | 1,713,062 |
loans | 209,385 | 284,991 | 0 | 0 | 18,317 | 53,244 | 0 | 0 | 0 | 225,000 | 225,000 | 225,000 | 225,000 |
hp & lease commitments | 48,991 | 49,143 | 118,628 | 109,952 | 55,665 | 7,119 | 9,534 | 0 | 0 | 0 | 0 | 0 | 38,208 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 63,133 | 90,441 | 141,234 | 266,482 | 456,850 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10,208 | 20,084 | 10,421 |
total long term liabilities | 258,376 | 334,134 | 118,628 | 109,952 | 73,982 | 60,363 | 9,534 | 63,133 | 90,441 | 366,234 | 501,690 | 701,934 | 273,629 |
total liabilities | 1,170,272 | 1,272,458 | 1,317,508 | 1,579,998 | 1,110,031 | 1,034,595 | 1,076,397 | 1,383,653 | 1,199,223 | 1,483,470 | 1,974,339 | 1,950,842 | 1,986,691 |
net assets | 1,712,064 | 1,656,626 | 2,088,510 | 1,828,855 | 987,182 | 805,670 | 677,123 | 694,232 | 682,539 | 679,669 | 558,868 | 578,861 | 446,830 |
total shareholders funds | 1,712,064 | 1,656,626 | 2,088,510 | 1,828,855 | 987,182 | 805,670 | 677,123 | 694,232 | 682,539 | 679,669 | 558,868 | 578,861 | 446,830 |
Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||
Operating Profit | -436,574 | ||||||||||||
Depreciation | 50,886 | 52,889 | 71,256 | 58,465 | 42,391 | 32,909 | 5,605 | 36,047 | 40,740 | 40,079 | 76,923 | 124,808 | 108,359 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 74,523 | 74,522 | 74,523 | 74,522 | 74,522 | 124,204 | 513,742 |
Tax | 40,865 | ||||||||||||
Stock | -33,499 | -23,438 | -23,184 | -16,150 | 22,623 | -108,573 | -231,856 | 110,998 | -46,709 | -30,138 | -6,083 | 74,264 | 405,550 |
Debtors | 108,302 | -193,733 | 292,092 | 22,080 | -39,085 | 150,470 | -16,176 | 197,128 | -189,538 | -171,840 | 243,086 | 45,757 | 1,166,865 |
Creditors | 89,897 | -163,156 | -9,752 | 53,323 | -95,843 | 52,311 | -9,875 | -437,419 | -8,454 | -355,413 | 223,741 | 582,272 | 666,636 |
Accruals and Deferred Income | -96,552 | -129,852 | -270,843 | 417,975 | 105,369 | 40,243 | 1,672 | 166,119 | 0 | 0 | 0 | -469,185 | 469,185 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -10,208 | -9,876 | 9,663 | 10,421 |
Cash flow from operations | -199,781 | ||||||||||||
Investing Activities | |||||||||||||
capital expenditure | -72,571 | ||||||||||||
Change in Investments | 0 | -790,074 | 0 | 518,724 | 249,280 | 28,873 | 5,084 | 350 | 14,583 | 0 | 0 | 1 | 58,823 |
cash flow from investments | -131,394 | ||||||||||||
Financing Activities | |||||||||||||
Bank loans | 0 | 0 | 0 | -34,921 | 1,885 | 19,616 | 13,420 | 0 | 0 | 0 | 0 | -349,749 | 349,749 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -9,282 | 9,282 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | -75,606 | 284,991 | 0 | -18,317 | -34,927 | 53,244 | 0 | 0 | -225,000 | 0 | 0 | 0 | 225,000 |
Hire Purchase and Lease Commitments | -19,925 | -87,033 | 36,334 | 78,780 | 56,939 | -24,277 | 6,615 | 41,055 | 0 | 0 | 0 | -74,061 | 74,061 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | -63,133 | -27,308 | -50,793 | -125,248 | -190,368 | 456,850 | 0 |
share issue | |||||||||||||
interest | -38,308 | ||||||||||||
cash flow from financing | 1,825,631 | ||||||||||||
cash and cash equivalents | |||||||||||||
cash | -121,537 | 614,289 | -305,993 | 734,167 | -383 | -4,604 | -8,888 | -914 | -6,923 | 15,163 | 4,308 | -19,540 | 21,977 |
overdraft | 0 | 50,000 | -18,229 | -26,873 | 42,013 | -182,939 | -255,955 | 441,983 | 0 | 0 | 0 | -182,357 | 182,357 |
change in cash | -121,537 | 564,289 | -287,764 | 761,040 | -42,396 | 178,335 | 247,067 | -442,897 | -6,923 | 15,163 | 4,308 | 162,817 | -160,380 |
P&L
March 2022turnover
3.2m
-7%
operating profit
81.1k
0%
gross margin
29.2%
+0.42%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2022net assets
1.7m
+0.03%
total assets
2.9m
-0.02%
cash
921.1k
-0.12%
net assets
Total assets minus all liabilities
lbs security services limited company details
company number
03684674
Type
Private limited with Share Capital
industry
25990 - Manufacture of other fabricated metal products n.e.c.
incorporation date
December 1998
age
26
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
unit 6 sterling trading estate, rainham road south, dagenham, essex, RM10 8TX
last accounts submitted
March 2022
lbs security 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 5 charges/mortgages relating to lbs security services limited. Currently there are 2 open charges and 3 have been satisfied in the past.
lbs security services limited Companies House Filings - See Documents
date | description | view/download |
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