lantern trading ltd
lantern trading ltd Company Information
Company Number
04082122
Next Accounts
Feb 2025
Shareholders
ruskin mill trust ltd
Group Structure
View All
Industry
Other retail sale not in stores, stalls or markets
Registered Address
ruskin mill millbottom, nailsworth, stroud, gloucestershire, GL6 0LA
Website
rmet.org.uklantern trading ltd Estimated Valuation
Pomanda estimates the enterprise value of LANTERN TRADING LTD at £17.6k based on a Turnover of £26.1k and 0.68x industry multiple (adjusted for size and gross margin).
lantern trading ltd Estimated Valuation
Pomanda estimates the enterprise value of LANTERN TRADING LTD at £285.4k based on an EBITDA of £38k and a 7.51x industry multiple (adjusted for size and gross margin).
lantern trading ltd Estimated Valuation
Pomanda estimates the enterprise value of LANTERN TRADING LTD at £2 based on Net Assets of £1 and 2.93x industry multiple (adjusted for liquidity).
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Lantern Trading Ltd Overview
Lantern Trading Ltd is a dissolved company that was located in stroud, GL6 0LA with a Companies House number of 04082122. It operated in the other retail sale not in stores, stalls or markets sector, SIC Code 47990. Founded in October 2000, it's largest shareholder was ruskin mill trust ltd with a 100% stake. The last turnover for Lantern Trading Ltd was estimated at £26.1k.
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Lantern Trading Ltd Health Check
Pomanda's financial health check has awarded Lantern Trading Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 3 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
3 Weak
Size
annual sales of £26.1k, make it smaller than the average company (£508.7k)
£26.1k - Lantern Trading Ltd
£508.7k - Industry AVG
Growth
3 year (CAGR) sales growth of 22%, show it is growing at a faster rate (4.9%)
22% - Lantern Trading Ltd
4.9% - Industry AVG
Production
with a gross margin of 92.2%, this company has a lower cost of product (32.7%)
92.2% - Lantern Trading Ltd
32.7% - Industry AVG
Profitability
an operating margin of 145.6% make it more profitable than the average company (5.9%)
145.6% - Lantern Trading Ltd
5.9% - Industry AVG
Employees
with 1 employees, this is below the industry average (7)
- Lantern Trading Ltd
7 - Industry AVG
Pay Structure
on an average salary of £29.9k, the company has an equivalent pay structure (£29.9k)
- Lantern Trading Ltd
£29.9k - Industry AVG
Efficiency
resulting in sales per employee of £26.1k, this is less efficient (£176.6k)
- Lantern Trading Ltd
£176.6k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Lantern Trading Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Lantern Trading Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Lantern Trading Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Lantern Trading Ltd
- - Industry AVG
Debt Level
There is insufficient data available for this Key Performance Indicator!
- - Lantern Trading Ltd
- - Industry AVG
LANTERN TRADING LTD financials
Lantern Trading Ltd's latest turnover from August 2020 is £26.1 thousand and the company has net assets of £1. According to their latest financial statements, we estimate that Lantern Trading Ltd has 1 employee and maintains cash reserves of £1 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 26,084 | 86,922 | 79,815 | 14,388 | 0 | 0 | 323,808 | 46,722 | 277,771 | |||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
| Cost Of Sales | 2,043 | 56,285 | 42,630 | 14,076 | 0 | 85,309 | 258,720 | |||||
| Gross Profit | 24,041 | 30,637 | 37,185 | 312 | 0 | -38,587 | 19,051 | |||||
| Admin Expenses | -13,946 | 72,091 | 42,227 | 22,951 | ||||||||
| Operating Profit | 37,987 | -41,454 | -5,042 | -22,639 | ||||||||
| Interest Payable | 645 | 1,143 | 752 | 1,007 | 20 | 0 | 0 | 0 | 0 | |||
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Pre-Tax Profit | 37,342 | -42,597 | -5,794 | -23,646 | 2,000 | -13,752 | 310,380 | -98,160 | -83,744 | |||
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Profit After Tax | 37,342 | -42,597 | -5,794 | -23,646 | 2,000 | -13,752 | 310,380 | -98,160 | -83,744 | |||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Retained Profit | 37,342 | -42,597 | -5,794 | -23,646 | 2,000 | -13,752 | 310,380 | -98,160 | -83,744 | |||
| Employee Costs | 56,285 | 42,630 | 0 | 40,928 | ||||||||
| Number Of Employees | 1 | 1 | 1 | |||||||||
| EBITDA* | 37,987 | -41,454 | -5,042 | -22,639 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 33,785 | 35,395 | 44,617 | 56,248 | 72,705 | 59,530 | 0 | 0 |
| Intangible Assets | 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 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 33,785 | 35,395 | 44,617 | 56,248 | 72,705 | 59,530 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 37,349 | 40,512 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 3,511 | 0 | 0 | 0 | 716 | 12,015 | 30,728 | 2,839 | 10,088 |
| Group Debtors | 0 | 0 | 675 | 447 | 0 | 333 | 900 | 7,150 | 10,856 | 0 | 0 | 0 |
| Misc Debtors | 0 | 542 | 478 | 143 | 0 | 0 | 0 | 320 | 1,594 | 0 | 0 | 0 |
| Cash | 1 | 4,245 | 10,712 | 16,167 | 1,809 | 1,495 | 3,120 | 3,924 | 36,922 | 24,752 | 77,285 | 33,245 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1 | 4,787 | 11,865 | 20,268 | 1,809 | 1,828 | 4,020 | 12,110 | 98,736 | 95,992 | 80,124 | 43,333 |
| total assets | 1 | 4,787 | 11,865 | 20,268 | 35,594 | 37,223 | 48,637 | 68,358 | 171,441 | 155,522 | 80,124 | 43,333 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 38,702 | 1,074 | 4,853 | 0 | 0 | 0 | 2,588 | 5,011 | 237,553 | 44,572 | 7,781 |
| Group/Directors Accounts | 0 | 0 | 0 | 233 | 0 | 0 | 0 | 327,165 | 324,693 | 0 | 0 | 0 |
| other short term finances | 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 |
| other current liabilities | 0 | 3,427 | 5,536 | 4,135 | 900 | 4,530 | 2,192 | 2,540 | 7,512 | 0 | 0 | 0 |
| total current liabilities | 0 | 42,129 | 6,610 | 9,221 | 900 | 4,530 | 2,192 | 332,293 | 337,216 | 237,553 | 44,572 | 7,781 |
| loans | 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 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 0 | 42,129 | 6,610 | 9,221 | 900 | 4,530 | 2,192 | 332,293 | 337,216 | 237,553 | 44,572 | 7,781 |
| net assets | 1 | -37,342 | 5,255 | 11,047 | 34,694 | 32,693 | 46,445 | -263,935 | -165,775 | -82,031 | 35,552 | 35,552 |
| total shareholders funds | 1 | -37,342 | 5,255 | 11,047 | 34,694 | 32,693 | 46,445 | -263,935 | -165,775 | -82,031 | 35,552 | 35,552 |
| Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | 37,987 | -41,454 | -5,042 | -22,639 | ||||||||
| Depreciation | 0 | 0 | 0 | 0 | 1,610 | 9,222 | 11,631 | 18,468 | 24,988 | 13,818 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -37,349 | -3,163 | 40,512 | 0 | 0 |
| Debtors | -542 | -611 | -2,948 | 4,101 | -333 | -567 | -7,286 | -16,279 | -6,263 | 27,889 | -7,249 | 10,088 |
| Creditors | -38,702 | 37,628 | -3,779 | 4,853 | 0 | 0 | -2,588 | -2,423 | -232,542 | 192,981 | 36,791 | 7,781 |
| Accruals and Deferred Income | -3,427 | -2,109 | 1,401 | 3,235 | -3,630 | 2,338 | -348 | -4,972 | 7,512 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -3,600 | -5,324 | -4,472 | -18,652 | ||||||||
| Investing Activities | ||||||||||||
| capital expenditure | ||||||||||||
| Change in Investments | 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 |
| Group/Directors Accounts | 0 | 0 | -233 | 233 | 0 | 0 | -327,165 | 2,472 | 324,693 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||
| interest | -645 | -1,143 | -752 | -1,007 | -20 | 0 | 0 | 0 | 0 | |||
| cash flow from financing | -644 | -1,143 | -983 | -775 | -19 | 0 | -327,165 | 2,472 | 324,693 | |||
| cash and cash equivalents | ||||||||||||
| cash | -4,244 | -6,467 | -5,455 | 14,358 | 314 | -1,625 | -804 | -32,998 | 12,170 | -52,533 | 44,040 | 33,245 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -4,244 | -6,467 | -5,455 | 14,358 | 314 | -1,625 | -804 | -32,998 | 12,170 | -52,533 | 44,040 | 33,245 |
lantern trading ltd Credit Report and Business Information
Lantern Trading Ltd Competitor Analysis
Perform a competitor analysis for lantern trading ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other undefined companies, companies in GL6 area or any other competitors across 12 key performance metrics.
lantern trading ltd Ownership
LANTERN TRADING LTD group structure
Lantern Trading Ltd has no subsidiary companies.
lantern trading ltd directors
Lantern Trading Ltd currently has 3 directors. The longest serving directors include Mr Aonghus Gordon (Jan 2013) and Mr Christopher Harrison (Jun 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Aonghus Gordon | 69 years | Jan 2013 | - | Director | |
| Mr Christopher Harrison | 59 years | Jun 2019 | - | Director | |
| Mr Alex Griffin | 53 years | Jun 2019 | - | Director |
P&L
August 2020turnover
26.1k
-70%
operating profit
38k
-192%
gross margin
92.2%
+161.49%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2020net assets
1
-1%
total assets
1
-1%
cash
1
-1%
net assets
Total assets minus all liabilities
lantern trading ltd company details
company number
04082122
Type
Private limited with Share Capital
industry
47990 - Other retail sale not in stores, stalls or markets
incorporation date
October 2000
age
25
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
August 2020
previous names
ruskin mill trading ltd (April 2017)
the ruskin glass company limited (March 2011)
accountant
-
auditor
GRANT THORNTON UK LLP
address
ruskin mill millbottom, nailsworth, stroud, gloucestershire, GL6 0LA
Bank
LLOYDS TSB BANK PLC
Legal Advisor
-
lantern trading ltd 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 lantern trading ltd.
lantern trading ltd 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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lantern trading ltd Companies House Filings - See Documents
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