latchbrook property & estate maintenance services limited

latchbrook property & estate maintenance services limited Company Information

Share LATCHBROOK PROPERTY & ESTATE MAINTENANCE SERVICES LIMITED
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MatureMicroLow

Company Number

03892553

Industry

Management of real estate on a fee or contract basis

 

Shareholders

mr ashley blunt

ms sara blunt

Group Structure

View All

Contact

Registered Address

c/o mcbrides accountants llp, nexus house, sidcup, kent, DA14 5DA

Website

-

latchbrook property & estate maintenance services limited Estimated Valuation

£758.1k

Pomanda estimates the enterprise value of LATCHBROOK PROPERTY & ESTATE MAINTENANCE SERVICES LIMITED at £758.1k based on a Turnover of £265.6k and 2.85x industry multiple (adjusted for size and gross margin).

latchbrook property & estate maintenance services limited Estimated Valuation

£280.1k

Pomanda estimates the enterprise value of LATCHBROOK PROPERTY & ESTATE MAINTENANCE SERVICES LIMITED at £280.1k based on an EBITDA of £35.6k and a 7.87x industry multiple (adjusted for size and gross margin).

latchbrook property & estate maintenance services limited Estimated Valuation

£481.2k

Pomanda estimates the enterprise value of LATCHBROOK PROPERTY & ESTATE MAINTENANCE SERVICES LIMITED at £481.2k based on Net Assets of £270k and 1.78x industry multiple (adjusted for liquidity).

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Latchbrook Property & Estate Maintenance Services Limited Overview

Latchbrook Property & Estate Maintenance Services Limited is a live company located in sidcup, DA14 5DA with a Companies House number of 03892553. It operates in the management of real estate on a fee or contract basis sector, SIC Code 68320. Founded in December 1999, it's largest shareholder is mr ashley blunt with a 50% stake. Latchbrook Property & Estate Maintenance Services Limited is a mature, micro sized company, Pomanda has estimated its turnover at £265.6k with low growth in recent years.

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Latchbrook Property & Estate Maintenance Services Limited Health Check

Pomanda's financial health check has awarded Latchbrook Property & Estate Maintenance Services Limited a 5 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

Health Check Image
Health Rating5out of 5
positive_score

5 Strong

positive_score

3 Regular

positive_score

3 Weak

size

Size

annual sales of £265.6k, make it in line with the average company (£329.5k)

£265.6k - Latchbrook Property & Estate Maintenance Services Limited

£329.5k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (5.3%)

2% - Latchbrook Property & Estate Maintenance Services Limited

5.3% - Industry AVG

production

Production

with a gross margin of 68.4%, this company has a comparable cost of product (68.4%)

68.4% - Latchbrook Property & Estate Maintenance Services Limited

68.4% - Industry AVG

profitability

Profitability

an operating margin of 13.3% make it more profitable than the average company (7.7%)

13.3% - Latchbrook Property & Estate Maintenance Services Limited

7.7% - Industry AVG

employees

Employees

with 4 employees, this is below the industry average (6)

4 - Latchbrook Property & Estate Maintenance Services Limited

6 - Industry AVG

paystructure

Pay Structure

on an average salary of £39.5k, the company has an equivalent pay structure (£39.5k)

£39.5k - Latchbrook Property & Estate Maintenance Services Limited

£39.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £66.4k, this is less efficient (£103.4k)

£66.4k - Latchbrook Property & Estate Maintenance Services Limited

£103.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 33 days, this is earlier than average (47 days)

33 days - Latchbrook Property & Estate Maintenance Services Limited

47 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Latchbrook Property & Estate Maintenance Services Limited

- - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 0 days, this is less than average (22 days)

0 days - Latchbrook Property & Estate Maintenance Services Limited

22 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 247 weeks, this is more cash available to meet short term requirements (50 weeks)

247 weeks - Latchbrook Property & Estate Maintenance Services Limited

50 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 18.5%, this is a lower level of debt than the average (55.7%)

18.5% - Latchbrook Property & Estate Maintenance Services Limited

55.7% - Industry AVG

LATCHBROOK PROPERTY & ESTATE MAINTENANCE SERVICES LIMITED financials

EXPORTms excel logo

Latchbrook Property & Estate Maintenance Services Limited's latest turnover from January 2024 is estimated at £265.6 thousand and the company has net assets of £270 thousand. According to their latest financial statements, Latchbrook Property & Estate Maintenance Services Limited has 4 employees and maintains cash reserves of £292.6 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Turnover265,557402,102303,687246,989475,362318,060278,090408,657592,327694,207695,1971,108,836678,615735,447844,246
Other Income Or Grants000000000000000
Cost Of Sales84,013101,68174,57760,20984,14059,91059,28280,974290,718400,580397,397653,347389,461439,375574,236
Gross Profit181,543300,421229,111186,780391,222258,150218,808327,683301,609293,627297,800455,489289,153296,071270,011
Admin Expenses146,107305,406241,797204,297391,464210,374212,899297,171255,615282,575243,540425,674298,508247,415200,697
Operating Profit35,436-4,985-12,686-17,517-24247,7765,90930,51245,99411,05254,26029,815-9,35548,65669,314
Interest Payable000000000000000
Interest Receivable13,0837,5666182602,0141,9841,174532908744537427529458158
Pre-Tax Profit48,5192,581-12,068-17,2571,77249,7607,08331,04446,90111,79654,79730,242-8,82649,11469,472
Tax-12,130-49000-337-9,454-1,346-6,209-9,380-2,477-12,603-7,2580-13,752-19,452
Profit After Tax36,3892,091-12,068-17,2571,43540,3065,73724,83537,5219,31942,19422,984-8,82635,36250,020
Dividends Paid000000000000000
Retained Profit36,3892,091-12,068-17,2571,43540,3065,73724,83537,5219,31942,19422,984-8,82635,36250,020
Employee Costs158,130158,257147,479172,484169,924166,885162,802218,359261,078201,000196,751317,963209,042231,959258,475
Number Of Employees4445555776610677
EBITDA*35,610-4,789-12,425-17,16922648,3956,73531,61347,46213,01063,91233,295-8,42748,65669,314

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Tangible Assets1,7035887841,0451,3931,8582,4773,3034,4045,87228,95610,44013,92000
Intangible Assets000000000000000
Investments & Other13600000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets1,8395887841,0451,3931,8582,4773,3034,4045,87228,95610,44013,92000
Stock & work in progress1051051151001001001005005001,0001,0001,0005005001,500
Trade Debtors24,63963,34642,68224,08773,69539,71429,49846,10039,59462,49275,388125,50169,27165,34187,883
Group Debtors000000000000000
Misc Debtors12,2605780000000000000
Cash292,563205,826226,529268,225252,729284,267244,917224,653201,088161,996135,53279,31791,646119,99663,345
misc current assets000000000000000
total current assets329,567269,855269,326292,412326,524324,081274,515271,253241,182225,488211,920205,818161,417185,837152,728
total assets331,406270,443270,110293,457327,917325,939276,992274,556245,586231,360240,876216,258175,337185,837152,728
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 00000000080,30595,960109,85288,231100,453102,706
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities61,36236,78838,54649,82567,02866,48557,84461,14557,010000000
total current liabilities61,36236,78838,54649,82567,02866,48557,84461,14557,01080,30595,960109,85288,231100,453102,706
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities00000000003,1806,86410,54800
provisions000000000000000
total long term liabilities00000000003,1806,86410,54800
total liabilities61,36236,78838,54649,82567,02866,48557,84461,14557,01080,30599,140116,71698,779100,453102,706
net assets270,044233,655231,564243,632260,889259,454219,148213,411188,576151,055141,73699,54276,55885,38450,022
total shareholders funds270,044233,655231,564243,632260,889259,454219,148213,411188,576151,055141,73699,54276,55885,38450,022
Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Operating Activities
Operating Profit35,436-4,985-12,686-17,517-24247,7765,90930,51245,99411,05254,26029,815-9,35548,65669,314
Depreciation1741962613484686198261,1011,4681,9589,6523,48092800
Amortisation000000000000000
Tax-12,130-49000-337-9,454-1,346-6,209-9,380-2,477-12,603-7,2580-13,752-19,452
Stock0-1015000-4000-500005000-1,0001,500
Debtors-27,02521,24218,595-49,60833,98110,216-16,6026,506-22,898-12,896-50,11356,2303,930-22,54287,883
Creditors00000000-80,305-15,655-13,89221,621-12,222-2,253102,706
Accruals and Deferred Income24,574-1,758-11,279-17,2035438,641-3,3014,13557,010000000
Deferred Taxes & Provisions000000000000000
Cash flow from operations75,079-28,269-42,31415,236-33,54937,36619,09023,03338,1857,77487,530-9,072-24,57956,19363,185
Investing Activities
capital expenditure-1,289000-3000021,126-28,1680-14,84800
Change in Investments13600000000000000
cash flow from investments-1,425000-3000021,126-28,1680-14,84800
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000-3,180-3,684-3,68410,54800
share issue000000000000002
interest13,0837,5666182602,0141,9841,174532908744537427529458158
cash flow from financing13,0837,5666182602,0141,9841,174532908-2,436-3,147-3,25711,077458160
cash and cash equivalents
cash86,737-20,703-41,69615,496-31,53839,35020,26423,56539,09226,46456,215-12,329-28,35056,65163,345
overdraft000000000000000
change in cash86,737-20,703-41,69615,496-31,53839,35020,26423,56539,09226,46456,215-12,329-28,35056,65163,345

latchbrook property & estate maintenance services 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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Latchbrook Property & Estate Maintenance Services Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for latchbrook property & estate maintenance services limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in DA14 area or any other competitors across 12 key performance metrics.

latchbrook property & estate maintenance services limited Ownership

LATCHBROOK PROPERTY & ESTATE MAINTENANCE SERVICES LIMITED group structure

Latchbrook Property & Estate Maintenance Services Limited has no subsidiary companies.

Ultimate parent company

LATCHBROOK PROPERTY & ESTATE MAINTENANCE SERVICES LIMITED

03892553

LATCHBROOK PROPERTY & ESTATE MAINTENANCE SERVICES LIMITED Shareholders

mr ashley blunt 50%
ms sara blunt 50%

latchbrook property & estate maintenance services limited directors

Latchbrook Property & Estate Maintenance Services Limited currently has 2 directors. The longest serving directors include Mr Ashley Blunt (Dec 1999) and Ms Sara Blunt (Dec 1999).

officercountryagestartendrole
Mr Ashley Blunt67 years Dec 1999- Director
Ms Sara Blunt57 years Dec 1999- Director

P&L

January 2024

turnover

265.6k

-34%

operating profit

35.4k

0%

gross margin

68.4%

-8.5%

turnover

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

Balance Sheet

January 2024

net assets

270k

+0.16%

total assets

331.4k

+0.23%

cash

292.6k

+0.42%

net assets

Total assets minus all liabilities

latchbrook property & estate maintenance services limited company details

company number

03892553

Type

Private limited with Share Capital

industry

68320 - Management of real estate on a fee or contract basis

incorporation date

December 1999

age

26

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

January 2024

previous names

N/A

accountant

-

auditor

-

address

c/o mcbrides accountants llp, nexus house, sidcup, kent, DA14 5DA

Bank

-

Legal Advisor

-

latchbrook property & estate maintenance 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 did not find charges/mortgages relating to latchbrook property & estate maintenance services limited.

latchbrook property & estate maintenance services 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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latchbrook property & estate maintenance services limited Companies House Filings - See Documents

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