Pomanda estimates the enterprise value of LANCROFT DEVELOPMENTS LIMITED at £143.6k based on a Turnover of £291.4k and 0.49x industry multiple (adjusted for size and gross margin).
lancroft developments limitedEstimated Valuation
£120.9k
Pomanda estimates the enterprise value of LANCROFT DEVELOPMENTS LIMITED at £120.9k based on an EBITDA of £32.2k and a 3.76x industry multiple (adjusted for size and gross margin).
lancroft developments limitedEstimated Valuation
£169.9k
Pomanda estimates the enterprise value of LANCROFT DEVELOPMENTS LIMITED at £169.9k based on Net Assets of £122.6k and 1.39x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Lancroft Developments LimitedOverview
Lancroft Developments Limited is a live company located in shrewsbury, SY1 3GA with a Companies House number of 03880210. It operates in the development of building projects sector, SIC Code 41100. Founded in November 1999, it's largest shareholder is
black lab estates ltd
with a 100% stake. Lancroft Developments Limited is a mature,
micro sized company, Pomanda has estimated its turnover at
£291.4k with
declining
growth in recent years.
Pomanda's financial health check has awarded Lancroft Developments Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
3 Strong
3 Regular
6 Weak
Size
annual sales of £291.4k, make it smaller than the average company (£2.5m)
£291.4k - Lancroft Developments Limited
£2.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -36%, show it is growing at a slower rate (4.8%)
-36% - Lancroft Developments Limited
4.8% - Industry AVG
Production
with a gross margin of 27.2%, this company has a comparable cost of product (27.2%)
27.2% - Lancroft Developments Limited
27.2% - Industry AVG
Profitability
an operating margin of 10.5% make it more profitable than the average company (6.9%)
10.5% - Lancroft Developments Limited
6.9% - Industry AVG
Employees
with 2 employees, this is below the industry average (7)
2 - Lancroft Developments Limited
7 - Industry AVG
Pay Structure
on an average salary of £48.2k, the company has an equivalent pay structure (£48.2k)
£48.2k - Lancroft Developments Limited
£48.2k - Industry AVG
Efficiency
resulting in sales per employee of £145.7k, this is less efficient (£289.8k)
£145.7k - Lancroft Developments Limited
£289.8k - Industry AVG
Debtor Days
it gets paid by customers after 6 days, this is earlier than average (28 days)
6 days - Lancroft Developments Limited
28 days - Industry AVG
Creditor Days
its suppliers are paid after 71 days, this is slower than average (31 days)
71 days - Lancroft Developments Limited
31 days - Industry AVG
Stock Days
it holds stock equivalent to 207 days, this is more than average (156 days)
207 days - Lancroft Developments Limited
156 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (11 weeks)
0 weeks - Lancroft Developments Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 77.5%, this is a similar level of debt than the average (73.7%)
77.5% - Lancroft Developments Limited
73.7% - Industry AVG
LANCROFT DEVELOPMENTS LIMITED financials
EXPORT
Lancroft Developments Limited's latest turnover from December 2023 is estimated at £291.4 thousand and the company has net assets of £122.6 thousand. According to their latest financial statements, Lancroft Developments Limited has 2 employees and maintains cash reserves of £5.6 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
291,365
254,069
234,262
1,100,414
733,375
425,808
195,213
336,210
6,314,145
7,125,588
12,361,775
5,302,808
5,296,262
4,799,655
Other Income Or Grants
Cost Of Sales
212,136
186,392
175,344
810,062
533,297
301,340
136,232
233,847
4,443,543
5,078,366
8,800,029
3,804,800
3,858,544
3,498,057
Gross Profit
79,229
67,677
58,919
290,352
200,078
124,468
58,981
102,363
1,870,601
2,047,223
3,561,746
1,498,008
1,437,718
1,301,599
Admin Expenses
48,678
58,107
35,043
214,285
198,161
255,085
2,456,106
194,500
2,061,929
1,875,498
3,551,863
1,524,028
1,284,122
1,301,415
-3,619,086
Operating Profit
30,551
9,570
23,876
76,067
1,917
-130,617
-2,397,125
-92,137
-191,328
171,725
9,883
-26,020
153,596
184
3,619,086
Interest Payable
5,063
9,750
10,443
5,986
Interest Receivable
150
404
100
65
359
4,776
6,320
1,660
172
50
117
133
29
21
14
Pre-Tax Profit
30,701
9,974
23,977
76,132
2,275
-130,903
-2,400,555
-100,920
-197,142
171,775
10,000
-25,887
153,624
206
3,619,100
Tax
-7,675
-1,895
-4,556
-14,465
-432
-36,073
-2,300
-39,942
-58
-1,013,348
Profit After Tax
23,026
8,079
19,421
61,667
1,843
-130,903
-2,400,555
-100,920
-197,142
135,702
7,700
-25,887
113,682
148
2,605,752
Dividends Paid
Retained Profit
23,026
8,079
19,421
61,667
1,843
-130,903
-2,400,555
-100,920
-197,142
135,702
7,700
-25,887
113,682
148
2,605,752
Employee Costs
96,310
92,206
90,250
88,767
86,915
86,079
84,846
126,315
125,517
987,741
1,681,865
759,993
819,705
761,302
Number Of Employees
2
2
2
2
2
2
2
3
3
25
45
21
23
22
EBITDA*
32,165
11,404
26,092
78,585
8,042
-122,610
-2,394,044
-88,259
-170,796
208,087
55,259
59,151
172,808
24,095
3,644,831
* 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
13,361
14,223
15,724
16,898
28,064
33,815
18,970
22,051
27,936
2,394,536
3,040,531
3,032,527
3,147,596
3,424,657
3,430,355
Intangible Assets
6,961
6,961
6,961
6,961
6,961
Investments & Other
1,700,000
333,738
335,161
Debtors (Due After 1 year)
Total Fixed Assets
13,361
14,223
15,724
16,898
28,064
33,815
18,970
22,051
1,727,936
2,394,536
3,047,492
3,039,488
3,154,557
3,765,356
3,772,477
Stock & work in progress
120,737
120,737
120,737
120,737
120,737
28,289
22,517
1,965
478,638
1,612,689
433,473
9,574
16,502
12,499
12,499
Trade Debtors
4,890
2,987
1,189
216,264
114,349
61,795
2,555
3,987
1,184,267
492,243
1,333,809
667,094
446,390
460,718
432,610
Group Debtors
406,782
Misc Debtors
401,476
341,968
281,450
16,694
26,604
79,861
197,755
990,053
Cash
5,567
152
22,925
57,388
73,051
22,567
1,251,161
1,276,683
51,305
17,443
2,528
44,277
8,760
2,694
5,752
misc current assets
90,707
90,025
108,222
94,390
81,179
630,097
total current assets
532,670
465,844
426,301
411,083
334,741
192,512
1,473,988
2,770,177
1,804,235
2,230,597
1,864,200
802,124
1,101,749
475,911
450,861
total assets
546,031
480,067
442,025
427,981
362,805
226,327
1,492,958
2,792,228
3,532,171
4,625,133
4,911,692
3,841,612
4,256,306
4,241,267
4,223,338
Bank overdraft
184,171
Bank loan
Trade Creditors
41,477
32,687
30,028
39,794
36,413
17,977
23,686
56,479
190,952
1,285,431
1,584,322
550,771
994,567
803,105
760,199
Group/Directors Accounts
372,171
342,171
311,723
311,404
311,404
192,814
1,132,264
other short term finances
150,000
150,000
hp & lease commitments
other current liabilities
9,770
5,622
8,766
4,696
4,568
6,959
47,528
15,847
482,665
total current liabilities
423,418
380,480
350,517
355,894
352,385
217,750
1,353,478
222,326
857,788
1,285,431
1,584,322
550,771
994,567
803,105
760,199
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
7,466
7,466
7,466
total long term liabilities
7,466
7,466
7,466
total liabilities
423,418
380,480
350,517
355,894
352,385
217,750
1,353,478
222,326
857,788
1,285,431
1,584,322
550,771
1,002,033
810,571
767,665
net assets
122,613
99,587
91,508
72,087
10,420
8,577
139,480
2,569,902
2,674,383
3,339,702
3,327,370
3,290,841
3,254,273
3,430,696
3,455,673
total shareholders funds
122,613
99,587
91,508
72,087
10,420
8,577
139,480
2,569,902
2,674,383
3,339,702
3,327,370
3,290,841
3,254,273
3,430,696
3,455,673
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
30,551
9,570
23,876
76,067
1,917
-130,617
-2,397,125
-92,137
-191,328
171,725
9,883
-26,020
153,596
184
3,619,086
Depreciation
1,614
1,834
2,216
2,518
6,125
8,007
3,081
3,878
20,532
36,362
45,376
85,171
19,212
23,911
25,745
Amortisation
Tax
-7,675
-1,895
-4,556
-14,465
-432
-36,073
-2,300
-39,942
-58
-1,013,348
Stock
92,448
5,772
20,552
-476,673
-1,134,051
1,179,216
423,899
-6,928
4,003
12,499
Debtors
61,411
62,316
49,681
92,005
-703
-58,654
-1,200,512
216,555
692,024
-841,566
666,715
220,704
-14,328
28,108
432,610
Creditors
8,790
2,659
-9,766
3,381
18,436
-5,709
-32,793
-134,473
-1,094,479
-298,891
1,033,551
-443,796
191,462
42,906
760,199
Accruals and Deferred Income
4,148
-3,144
4,070
128
-2,391
-40,569
31,681
-466,818
482,665
Deferred Taxes & Provisions
-7,466
7,466
Cash flow from operations
-23,983
-53,292
-33,841
-24,376
-68,090
-116,006
-1,215,196
-429,432
-340,583
-464,527
-4,104
-605,887
334,653
38,835
2,954,039
Investing Activities
capital expenditure
-752
-333
-1,042
8,648
-374
-22,852
2,007
2,346,068
616,594
-53,380
29,898
257,849
-18,213
-3,463,061
Change in Investments
-1,700,000
1,700,000
-333,738
-1,423
335,161
cash flow from investments
-752
-333
-1,042
8,648
-374
-22,852
1,702,007
646,068
616,594
-53,380
29,898
591,587
-16,790
-3,798,222
Financing Activities
Bank loans
Group/Directors Accounts
30,000
30,448
319
118,590
-939,450
1,132,264
Other Short Term Loans
-150,000
150,000
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
-29,867
-3,561
-468,177
-123,370
28,829
62,455
-290,105
-25,125
849,921
interest
150
404
100
65
359
-287
-3,430
-8,783
-5,814
50
117
133
29
21
14
cash flow from financing
30,150
30,852
419
65
118,949
-1,089,737
1,098,967
137,656
-473,991
-123,320
28,946
62,588
-290,076
-25,104
849,935
cash and cash equivalents
cash
5,415
-22,773
-34,463
-15,663
50,484
-1,228,594
-25,522
1,225,378
33,862
14,915
-41,749
35,517
6,066
-3,058
5,752
overdraft
-184,171
184,171
change in cash
5,415
-22,773
-34,463
-15,663
50,484
-1,228,594
-25,522
1,409,549
-150,309
14,915
-41,749
35,517
6,066
-3,058
5,752
lancroft developments limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for lancroft developments limited. Get real-time insights into lancroft developments limited's credit score, group structure and payment trends.
Perform a competitor analysis for lancroft developments limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in SY1 area or any other competitors across 12 key performance metrics.
lancroft developments limited Ownership
LANCROFT DEVELOPMENTS LIMITED group structure
Lancroft Developments Limited has no subsidiary companies.
The sole shareholder of Lancroft Developments Limited is Black Lab Estates Ltd.
black lab estates ltd
100%
lancroft developments limited directors
Lancroft Developments Limited currently has 2 directors.
The longest serving directors include
Mr Matthew Marsden (Nov 1999) and
Mrs Susan Jackson (Aug 2011).
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 lancroft developments limited.
lancroft developments limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for LANCROFT DEVELOPMENTS LIMITED. This can take several minutes, an email will notify you when this has completed.
lancroft developments limitedCompanies House Filings - See Documents
