lmg jewellery limited
lmg jewellery limited Company Information
Company Number
03884829
Next Accounts
Sep 2025
Industry
Other business support service activities n.e.c.
Directors
Shareholders
be group holdings (uk) ltd
Group Structure
View All
Contact
Registered Address
technology business park, moy avenue, eastbourne, east sussex, BN22 8LD
lmg jewellery limited Estimated Valuation
Pomanda estimates the enterprise value of LMG JEWELLERY LIMITED at £18.7m based on a Turnover of £30.5m and 0.61x industry multiple (adjusted for size and gross margin).
lmg jewellery limited Estimated Valuation
Pomanda estimates the enterprise value of LMG JEWELLERY LIMITED at £2.5m based on an EBITDA of £551.4k and a 4.51x industry multiple (adjusted for size and gross margin).
lmg jewellery limited Estimated Valuation
Pomanda estimates the enterprise value of LMG JEWELLERY LIMITED at £4.7m based on Net Assets of £2m and 2.35x industry multiple (adjusted for liquidity).
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Lmg Jewellery Limited Overview
Lmg Jewellery Limited is a live company located in eastbourne, BN22 8LD with a Companies House number of 03884829. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in November 1999, it's largest shareholder is be group holdings (uk) ltd with a 100% stake. Lmg Jewellery Limited is a mature, large sized company, Pomanda has estimated its turnover at £30.5m with low growth in recent years.
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Lmg Jewellery Limited Health Check
Pomanda's financial health check has awarded Lmg Jewellery Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 5 areas for improvement. Company Health Check FAQs
6 Strong
1 Regular
5 Weak
Size
annual sales of £30.5m, make it larger than the average company (£4.7m)
£30.5m - Lmg Jewellery Limited
£4.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 3%, show it is growing at a slower rate (6.6%)
3% - Lmg Jewellery Limited
6.6% - Industry AVG
Production
with a gross margin of 12.2%, this company has a higher cost of product (38.2%)
12.2% - Lmg Jewellery Limited
38.2% - Industry AVG
Profitability
an operating margin of 1.8% make it less profitable than the average company (5.7%)
1.8% - Lmg Jewellery Limited
5.7% - Industry AVG
Employees
with 93 employees, this is above the industry average (26)
93 - Lmg Jewellery Limited
26 - Industry AVG
Pay Structure
on an average salary of £33.7k, the company has a lower pay structure (£53.9k)
£33.7k - Lmg Jewellery Limited
£53.9k - Industry AVG
Efficiency
resulting in sales per employee of £327.9k, this is more efficient (£170.7k)
£327.9k - Lmg Jewellery Limited
£170.7k - Industry AVG
Debtor Days
it gets paid by customers after 27 days, this is earlier than average (41 days)
27 days - Lmg Jewellery Limited
41 days - Industry AVG
Creditor Days
its suppliers are paid after 32 days, this is close to average (31 days)
32 days - Lmg Jewellery Limited
31 days - Industry AVG
Stock Days
it holds stock equivalent to 24 days, this is less than average (33 days)
24 days - Lmg Jewellery Limited
33 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (22 weeks)
4 weeks - Lmg Jewellery Limited
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 75.9%, this is a higher level of debt than the average (62.3%)
75.9% - Lmg Jewellery Limited
62.3% - Industry AVG
LMG JEWELLERY LIMITED financials
Lmg Jewellery Limited's latest turnover from December 2023 is £30.5 million and the company has net assets of £2 million. According to their latest financial statements, Lmg Jewellery Limited has 93 employees and maintains cash reserves of £444.7 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 | 30,491,202 | 30,374,720 | 23,806,371 | 27,966,806 | 39,135,657 | 41,283,812 | 44,119,920 | 36,063,319 | 39,067,880 | 41,584,235 | 48,714,297 | 41,285,260 | 36,965,291 | 28,590,484 | 27,407,438 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 26,781,109 | 26,420,560 | 20,262,679 | 23,523,010 | 33,494,815 | 36,552,916 | 39,317,973 | 31,732,946 | 34,399,083 | 37,222,486 | 42,859,161 | 36,776,668 | 32,622,664 | 24,146,998 | 23,096,859 |
| Gross Profit | 3,710,093 | 3,954,160 | 3,543,692 | 4,443,796 | 5,640,842 | 4,730,896 | 4,801,947 | 4,330,373 | 4,668,797 | 4,361,749 | 5,855,136 | 4,508,592 | 4,342,627 | 4,443,486 | 4,310,579 |
| Admin Expenses | 3,158,712 | 3,170,077 | 2,803,891 | 2,869,526 | 3,539,613 | 3,590,830 | 3,739,476 | 3,447,478 | 3,917,647 | 3,560,450 | 3,914,460 | 3,678,259 | 3,490,771 | 3,873,603 | 3,936,141 |
| Operating Profit | 551,381 | 784,083 | 739,801 | 1,574,270 | 2,101,229 | 1,140,066 | 1,062,471 | 882,895 | 751,150 | 801,299 | 1,940,676 | 830,333 | 851,856 | 569,883 | 374,438 |
| Interest Payable | 467 | 0 | 3,096 | 466 | 1,161 | 24,579 | 0 | 0 | 0 | 13,287 | 0 | 2,461 | 9,659 | 0 | 0 |
| Interest Receivable | 0 | 0 | 327 | 2,098 | 5,627 | 3,922 | 1,659 | 3,413 | 9,828 | 24,351 | 1,880 | 11,996 | 9,780 | 5,401 | 3,073 |
| Pre-Tax Profit | 565,509 | 788,736 | 737,032 | 1,575,902 | 2,105,695 | 1,119,409 | 1,064,130 | 886,308 | 760,978 | 812,363 | 1,942,556 | 839,868 | 851,977 | 575,284 | 377,511 |
| Tax | -131,592 | -80,406 | -96,889 | -250,070 | -326,640 | -155,510 | -99,626 | -123,018 | -95,268 | -167,778 | -656,511 | -195,741 | -210,344 | -153,205 | -510,478 |
| Profit After Tax | 433,917 | 708,330 | 640,143 | 1,325,832 | 1,779,055 | 963,899 | 964,504 | 763,290 | 665,710 | 644,585 | 1,286,045 | 644,127 | 641,633 | 422,079 | -132,967 |
| Dividends Paid | 250,000 | 750,000 | 750,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,100,000 | 0 | 1,200,000 | 1,000,000 | 0 | 1,800,000 | 0 | 0 | 0 |
| Retained Profit | 183,917 | -41,670 | -109,857 | 325,832 | 779,055 | -36,101 | -135,496 | 763,290 | -534,290 | -355,415 | 1,286,045 | -1,155,873 | 641,633 | 422,079 | -132,967 |
| Employee Costs | 3,133,800 | 2,985,805 | 2,570,043 | 2,600,716 | 3,501,849 | 3,670,944 | 3,604,471 | 3,631,606 | 4,047,124 | 3,906,084 | 4,108,788 | 3,886,114 | 3,543,213 | 2,884,881 | 2,768,832 |
| Number Of Employees | 93 | 93 | 82 | 86 | 113 | 120 | 122 | 125 | 148 | 145 | 146 | 138 | 129 | 107 | 98 |
| EBITDA* | 551,381 | 784,083 | 739,801 | 1,574,270 | 2,101,229 | 1,140,066 | 1,062,471 | 882,895 | 754,300 | 804,449 | 1,943,826 | 833,482 | 851,856 | 612,356 | 2,227,741 |
* 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,150 | 6,300 | 9,450 | 0 | 0 | 42,473 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,069,399 | 3,128,540 | 3,507,560 | 5,961,315 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,150 | 3,075,699 | 3,137,990 | 3,507,560 | 5,961,315 | 42,473 |
| Stock & work in progress | 1,783,752 | 1,750,619 | 1,584,775 | 1,664,665 | 1,094,199 | 663,702 | 490,296 | 474,908 | 654,819 | 1,210,956 | 1,192,411 | 1,152,153 | 705,782 | 602,846 | 634,067 |
| Trade Debtors | 2,306,216 | 2,294,759 | 2,152,907 | 1,791,438 | 2,670,876 | 2,982,253 | 3,591,691 | 3,404,986 | 3,331,499 | 4,234,334 | 6,060,337 | 4,882,172 | 3,540,743 | 3,357,647 | 3,575,467 |
| Group Debtors | 3,662,761 | 4,505,074 | 5,399,074 | 6,289,881 | 6,386,506 | 7,595,243 | 7,357,786 | 9,075,798 | 10,384,876 | 7,673,881 | 3,069,398 | 3,128,540 | 0 | 0 | 2,750,000 |
| Misc Debtors | 70,839 | 59,423 | 43,133 | 55,882 | 54,589 | 137,776 | 122,137 | 200,285 | 95,337 | 37,869 | 20,169 | 105,005 | 143,471 | 38,801 | 64,097 |
| Cash | 444,719 | 481,971 | 3,301,348 | 2,221,204 | 754,999 | 911,883 | 1,098,622 | 405,909 | 714,271 | 1,911,402 | 2,416,922 | 137,981 | 2,635,265 | 213,313 | 222 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 8,268,287 | 9,091,846 | 12,481,237 | 12,023,070 | 10,961,169 | 12,290,857 | 12,660,532 | 13,561,886 | 15,180,802 | 15,068,442 | 12,759,237 | 9,405,851 | 7,025,261 | 4,212,607 | 7,023,853 |
| total assets | 8,268,287 | 9,091,846 | 12,481,237 | 12,023,070 | 10,961,169 | 12,290,857 | 12,660,532 | 13,561,886 | 15,180,802 | 15,071,592 | 15,834,936 | 12,543,841 | 10,532,821 | 10,173,922 | 7,066,326 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 15,388 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 2,395,937 | 2,453,340 | 2,719,125 | 2,631,723 | 4,783,945 | 5,965,058 | 5,153,622 | 5,153,684 | 5,403,559 | 6,090,599 | 5,544,940 | 5,527,934 | 3,351,713 | 3,707,751 | 2,237,724 |
| Group/Directors Accounts | 710,001 | 1,685,717 | 0 | 0 | 0 | 0 | 0 | 0 | 370,000 | 0 | 79,341 | 17,396 | 0 | 4,121 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 2,607,498 | 2,351,855 | 7,914,508 | 7,433,886 | 2,337,417 | 2,999,218 | 4,195,619 | 4,396,177 | 4,843,226 | 4,947,888 | 5,254,225 | 4,796,684 | 4,673,695 | 5,083,269 | 3,856,512 |
| total current liabilities | 5,713,436 | 6,490,912 | 10,633,633 | 10,065,609 | 7,121,362 | 8,964,276 | 9,349,241 | 9,549,861 | 10,616,785 | 11,038,487 | 10,878,506 | 10,342,014 | 8,025,408 | 8,795,141 | 6,109,624 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 79,342 | 17,397 | 30,788 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 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 | 0 | 0 | 0 |
| other liabilities | 565,000 | 795,000 | 0 | 0 | 2,208,178 | 2,474,007 | 2,422,616 | 2,987,854 | 3,303,136 | 2,237,934 | 2,726,502 | 1,319,889 | 456,211 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 565,000 | 795,000 | 0 | 0 | 2,208,178 | 2,474,007 | 2,422,616 | 2,987,854 | 3,303,136 | 2,237,934 | 2,805,844 | 1,337,286 | 486,999 | 0 | 0 |
| total liabilities | 6,278,436 | 7,285,912 | 10,633,633 | 10,065,609 | 9,329,540 | 11,438,283 | 11,771,857 | 12,537,715 | 13,919,921 | 13,276,421 | 13,684,350 | 11,679,300 | 8,512,407 | 8,795,141 | 6,109,624 |
| net assets | 1,989,851 | 1,805,934 | 1,847,604 | 1,957,461 | 1,631,629 | 852,574 | 888,675 | 1,024,171 | 1,260,881 | 1,795,171 | 2,150,586 | 864,541 | 2,020,414 | 1,378,781 | 956,702 |
| total shareholders funds | 1,989,851 | 1,805,934 | 1,847,604 | 1,957,461 | 1,631,629 | 852,574 | 888,675 | 1,024,171 | 1,260,881 | 1,795,171 | 2,150,586 | 864,541 | 2,020,414 | 1,378,781 | 956,702 |
| 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 | 551,381 | 784,083 | 739,801 | 1,574,270 | 2,101,229 | 1,140,066 | 1,062,471 | 882,895 | 751,150 | 801,299 | 1,940,676 | 830,333 | 851,856 | 569,883 | 374,438 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,150 | 3,150 | 3,150 | 3,149 | 0 | 42,473 | 1,853,303 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | -131,592 | -80,406 | -96,889 | -250,070 | -326,640 | -155,510 | -99,626 | -123,018 | -95,268 | -167,778 | -656,511 | -195,741 | -210,344 | -153,205 | -510,478 |
| Stock | 33,133 | 165,844 | -79,890 | 570,466 | 430,497 | 173,406 | 15,388 | -179,911 | -556,137 | 18,545 | 40,258 | 446,371 | 102,936 | -31,221 | 634,067 |
| Debtors | -819,440 | -735,858 | -542,087 | -974,770 | -1,603,301 | -356,342 | -1,609,455 | -1,130,643 | 1,865,628 | -273,219 | 975,046 | 4,052,483 | -2,165,989 | 2,968,199 | 6,389,564 |
| Creditors | -57,403 | -265,785 | 87,402 | -2,152,222 | -1,181,113 | 811,436 | -62 | -249,875 | -687,040 | 545,659 | 17,006 | 2,176,221 | -356,038 | 1,470,027 | 2,237,724 |
| Accruals and Deferred Income | 255,643 | -5,562,653 | 480,622 | 5,096,469 | -661,801 | -1,196,401 | -200,558 | -447,049 | -104,662 | -306,337 | 457,541 | 122,989 | -409,574 | 1,226,757 | 3,856,512 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 1,404,336 | -4,554,747 | 1,832,913 | 4,672,751 | 1,104,479 | 782,527 | 2,356,292 | -1,442,161 | 1,130,667 | 746,558 | -1,561,903 | 1,938,953 | 218,957 | 787,868 | |
| 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 | -975,716 | 1,685,717 | 0 | 0 | 0 | 0 | 0 | -370,000 | 370,000 | -79,341 | 61,945 | 17,396 | -4,121 | 4,121 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -79,342 | 61,945 | -13,391 | 30,788 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -230,000 | 795,000 | 0 | -2,208,178 | -265,829 | 51,391 | -565,238 | -315,282 | 1,065,202 | -488,568 | 1,406,613 | 863,678 | 456,211 | 0 | 0 |
| share issue | |||||||||||||||
| interest | -467 | 0 | -2,769 | 1,632 | 4,466 | -20,657 | 1,659 | 3,413 | 9,828 | 11,064 | 1,880 | 9,535 | 121 | 5,401 | 3,073 |
| cash flow from financing | -1,206,183 | 2,480,717 | -2,769 | -2,206,546 | -261,363 | 30,734 | -563,579 | -1,681,869 | 1,445,030 | -636,187 | 1,532,383 | 877,218 | 482,999 | 9,522 | 1,092,742 |
| cash and cash equivalents | |||||||||||||||
| cash | -37,252 | -2,819,377 | 1,080,144 | 1,466,205 | -156,884 | -186,739 | 692,713 | -308,362 | -1,197,131 | -505,520 | 2,278,941 | -2,497,284 | 2,421,952 | 213,091 | 222 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -15,388 | 15,388 |
| change in cash | -37,252 | -2,819,377 | 1,080,144 | 1,466,205 | -156,884 | -186,739 | 692,713 | -308,362 | -1,197,131 | -505,520 | 2,278,941 | -2,497,284 | 2,421,952 | 228,479 | -15,166 |
lmg jewellery limited Credit Report and Business Information
Lmg Jewellery Limited Competitor Analysis
Perform a competitor analysis for lmg jewellery limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other large companies, companies in BN22 area or any other competitors across 12 key performance metrics.
lmg jewellery limited Ownership
LMG JEWELLERY LIMITED group structure
Lmg Jewellery Limited has no subsidiary companies.
Ultimate parent company
2 parents
LMG JEWELLERY LIMITED
03884829
lmg jewellery limited directors
Lmg Jewellery Limited currently has 1 director, Mr Colin Bassett serving since Nov 2009.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Colin Bassett | United Kingdom | 60 years | Nov 2009 | - | Director |
P&L
December 2023turnover
30.5m
0%
operating profit
551.4k
-30%
gross margin
12.2%
-6.53%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
2m
+0.1%
total assets
8.3m
-0.09%
cash
444.7k
-0.08%
net assets
Total assets minus all liabilities
lmg jewellery limited company details
company number
03884829
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
November 1999
age
25
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
loss management group limited (September 2012)
beronpace limited (October 2000)
accountant
-
auditor
PLUMMER PARSONS
address
technology business park, moy avenue, eastbourne, east sussex, BN22 8LD
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
lmg jewellery 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 3 charges/mortgages relating to lmg jewellery limited. Currently there are 0 open charges and 3 have been satisfied in the past.
lmg jewellery 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.
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lmg jewellery limited Companies House Filings - See Documents
| date | description | view/download |
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