latium management services limited
latium management services limited Company Information
Company Number
04294137
Website
www.latiumenterprises.comRegistered Address
hamilton house church street, altrincham, WA14 4DR
Industry
Activities of head offices
Telephone
01618207600
Next Accounts Due
58 days late
Group Structure
View All
Shareholders
brian george kennedy 100%
latium management services limited Estimated Valuation
Pomanda estimates the enterprise value of LATIUM MANAGEMENT SERVICES LIMITED at £437.6k based on a Turnover of £634.8k and 0.69x industry multiple (adjusted for size and gross margin).
latium management services limited Estimated Valuation
Pomanda estimates the enterprise value of LATIUM MANAGEMENT SERVICES LIMITED at £1.8m based on an EBITDA of £390.9k and a 4.61x industry multiple (adjusted for size and gross margin).
latium management services limited Estimated Valuation
Pomanda estimates the enterprise value of LATIUM MANAGEMENT SERVICES LIMITED at £1.6m based on Net Assets of £553.6k and 2.83x industry multiple (adjusted for liquidity).
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Latium Management Services Limited Overview
Latium Management Services Limited is a live company located in altrincham, WA14 4DR with a Companies House number of 04294137. It operates in the activities of head offices sector, SIC Code 70100. Founded in September 2001, it's largest shareholder is brian george kennedy with a 100% stake. Latium Management Services Limited is a mature, small sized company, Pomanda has estimated its turnover at £634.8k with high growth in recent years.
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Latium Management Services Limited Health Check
Pomanda's financial health check has awarded Latium Management Services Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
5 Weak
Size
annual sales of £634.8k, make it smaller than the average company (£19.3m)
- Latium Management Services Limited
£19.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 17%, show it is growing at a faster rate (2.1%)
- Latium Management Services Limited
2.1% - Industry AVG
Production
with a gross margin of 32.8%, this company has a comparable cost of product (32.8%)
- Latium Management Services Limited
32.8% - Industry AVG
Profitability
an operating margin of 61.4% make it more profitable than the average company (6%)
- Latium Management Services Limited
6% - Industry AVG
Employees
with 5 employees, this is below the industry average (120)
5 - Latium Management Services Limited
120 - Industry AVG
Pay Structure
on an average salary of £43.3k, the company has an equivalent pay structure (£43.3k)
- Latium Management Services Limited
£43.3k - Industry AVG
Efficiency
resulting in sales per employee of £127k, this is less efficient (£173.4k)
- Latium Management Services Limited
£173.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Latium Management Services Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 55 days, this is slower than average (47 days)
- Latium Management Services Limited
47 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Latium Management Services Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (17 weeks)
3 weeks - Latium Management Services Limited
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 97.5%, this is a higher level of debt than the average (57.2%)
97.5% - Latium Management Services Limited
57.2% - Industry AVG
LATIUM MANAGEMENT SERVICES LIMITED financials
Latium Management Services Limited's latest turnover from October 2022 is estimated at £634.8 thousand and the company has net assets of £553.6 thousand. According to their latest financial statements, Latium Management Services Limited has 5 employees and maintains cash reserves of £1.5 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,159,000 | 1,110,000 | 924 | 1,525,000 | 1,568,000 | 1,272,000 | 950,000 | 1,288,000 | 1,128,000 | |||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | 63 | 334,000 | 419,000 | 1,222,000 | 127,000 | -864,000 | -3,625,000 | |||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Interest Receivable | 0 | 0 | 0 | 0 | 1,000 | 1,000 | 0 | 0 | 6,000 | |||||
| Pre-Tax Profit | -2,763,000 | 156,000 | 63 | 334,000 | 420,000 | 1,223,000 | 127,000 | -864,000 | -3,619,000 | |||||
| Tax | 0 | -35,000 | -16 | -82,000 | -79,000 | 0 | -30,000 | -30,000 | 61,000 | |||||
| Profit After Tax | -2,763,000 | 121,000 | 47 | 252,000 | 341,000 | 1,223,000 | 97,000 | -894,000 | -3,558,000 | |||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
| Retained Profit | -2,763,000 | 121,000 | 47 | 252,000 | 341,000 | 1,223,000 | 97,000 | -894,000 | -3,558,000 | |||||
| Employee Costs | 0 | 0 | 363 | 497,000 | 596,000 | 547,000 | 425,000 | 640,000 | 519,000 | |||||
| Number Of Employees | 5 | 6 | 6 | 5 | 6 | 8 | 8 | 8 | 10 | 10 | 10 | 9 | 10 | 10 |
| EBITDA* | 77 | 349,000 | 436,000 | 1,233,000 | 142,000 | -847,000 | -3,608,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,780 | 2,656 | 1,548 | 2,310 | 3,447 | 8,000 | 8,000 | 92,291 | 106,000 | 121,000 | 130,000 | 110,000 | 127,000 | 37,000 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 1 | 1 | 1 | 7,590,001 | 7,590,001 | 7,590,000 | 7,590,000 | 6,400,005 | 6,400,000 | 6,400,000 | 250,000 | 250,000 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,781 | 2,657 | 1,549 | 7,592,311 | 7,593,448 | 7,598,000 | 7,598,000 | 6,492,296 | 6,506,000 | 6,521,000 | 380,000 | 360,000 | 127,000 | 37,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 8,290 | 15,177 | 13,629 | 41,594 | 46,000 | 205,000 | 3,421,642 | 118,000 | 74,000 | 137,000 | 46,000 | 67,000 | 218,000 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 2,188,000 | 1,165,000 | 0 | 1,100,000 | 4,932,000 | 5,025,000 | 3,163,000 | 3,831,000 | 2,156,000 |
| Misc Debtors | 20,923,206 | 15,463,769 | 18,961,457 | 2,145,651 | 3,084,987 | 25,000 | 1,745,000 | 0 | 1,738,000 | 1,698,000 | 806,000 | 2,802,000 | 2,737,000 | 5,826,000 |
| Cash | 1,514,258 | 58,885 | 2,897 | 2,234 | 134,810 | 29,000 | 3,082,000 | 161,494 | 72,000 | 649,000 | 2,641,000 | 384,000 | 223,000 | 973,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 22,437,464 | 15,530,944 | 18,979,531 | 2,161,514 | 3,261,391 | 2,288,000 | 6,197,000 | 3,583,136 | 3,028,000 | 7,353,000 | 8,609,000 | 6,395,000 | 6,858,000 | 9,173,000 |
| total assets | 22,439,245 | 15,533,601 | 18,981,080 | 9,753,825 | 10,854,839 | 9,886,000 | 13,795,000 | 10,075,432 | 9,534,000 | 13,874,000 | 8,989,000 | 6,755,000 | 6,985,000 | 9,210,000 |
| Bank overdraft | 0 | 0 | 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 | 0 | 0 |
| Trade Creditors | 64,589 | 39,066 | 97,337 | 48,428 | 54,858 | 92,000 | 102,000 | 5,951,517 | 156,000 | 207,000 | 131,000 | 151,000 | 127,000 | 55,000 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 6,546,000 | 6,678,000 | 0 | 3,466,000 | 6,820,000 | 4,426,000 | 3,516,000 | 1,943,000 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 708,000 | 2,304,000 | 398,000 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 21,821,064 | 15,271,215 | 16,648,096 | 7,561,211 | 8,410,384 | 1,766,000 | 2,770,000 | 0 | 1,127,000 | 718,000 | 550,000 | 827,000 | 2,751,000 | 6,097,000 |
| total current liabilities | 21,885,653 | 15,310,281 | 16,745,433 | 7,609,639 | 8,465,242 | 8,404,000 | 9,550,000 | 5,951,517 | 5,457,000 | 10,049,000 | 5,505,000 | 4,494,000 | 4,821,000 | 6,152,000 |
| loans | 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 |
| Accruals and Deferred Income | 0 | 0 | 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 | 0 | 0 |
| provisions | 0 | 0 | 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 | 0 | 0 |
| total liabilities | 21,885,653 | 15,310,281 | 16,745,433 | 7,609,639 | 8,465,242 | 8,404,000 | 9,550,000 | 5,951,517 | 5,457,000 | 10,049,000 | 5,505,000 | 4,494,000 | 4,821,000 | 6,152,000 |
| net assets | 553,592 | 223,320 | 2,235,647 | 2,144,186 | 2,389,597 | 1,482,000 | 4,245,000 | 4,123,915 | 4,077,000 | 3,825,000 | 3,484,000 | 2,261,000 | 2,164,000 | 3,058,000 |
| total shareholders funds | 553,592 | 223,320 | 2,235,647 | 2,144,186 | 2,389,597 | 1,482,000 | 4,245,000 | 4,123,915 | 4,077,000 | 3,825,000 | 3,484,000 | 2,261,000 | 2,164,000 | 3,058,000 |
| Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 63 | 334,000 | 419,000 | 1,222,000 | 127,000 | -864,000 | -3,625,000 | |||||||
| Depreciation | 876 | 1,308 | 762 | 1,137 | 8,901 | 5,000 | 5,000 | 14 | 15,000 | 17,000 | 11,000 | 15,000 | 17,000 | 17,000 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | -35,000 | -16 | -82,000 | -79,000 | 0 | -30,000 | -30,000 | 61,000 | |||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 5,451,147 | -3,504,575 | 16,817,354 | -967,301 | 867,581 | -856,000 | -306,642 | 465,642 | -3,748,000 | 736,000 | -43,000 | -624,000 | -1,565,000 | 8,200,000 |
| Creditors | 25,523 | -58,271 | 48,909 | -6,430 | -37,142 | -10,000 | -5,849,517 | 5,795,517 | -51,000 | 76,000 | -20,000 | 24,000 | 72,000 | 55,000 |
| Accruals and Deferred Income | 6,549,849 | -1,376,881 | 9,086,885 | -849,173 | 6,644,384 | -1,004,000 | 2,770,000 | -1,127,000 | 409,000 | 168,000 | -277,000 | -1,924,000 | -3,346,000 | 6,097,000 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 4,202,936 | 4,373,000 | -135,000 | 979,000 | -1,164,000 | -2,586,000 | -5,595,000 | |||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | -7,590,000 | 0 | 1 | 0 | 1,189,995 | 5 | 0 | 6,150,000 | 0 | 250,000 | 0 | 0 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | -6,546,000 | -132,000 | 6,678,000 | -3,466,000 | -3,354,000 | 2,394,000 | 910,000 | 1,573,000 | 1,943,000 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -708,000 | -1,596,000 | 1,906,000 | 398,000 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 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 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 0 | 0 | 0 | 0 | 1,000 | 1,000 | 0 | 6,000 | ||||||
| cash flow from financing | -132,000 | 6,678,085 | -4,127,132 | -4,950,000 | 4,301,000 | 1,309,000 | 1,943,000 | 6,622,000 | ||||||
| cash and cash equivalents | ||||||||||||||
| cash | 1,455,373 | 55,988 | 663 | -132,576 | 105,810 | -3,053,000 | 2,920,506 | 89,494 | -577,000 | -1,992,000 | 2,257,000 | 161,000 | -750,000 | 973,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 1,455,373 | 55,988 | 663 | -132,576 | 105,810 | -3,053,000 | 2,920,506 | 89,494 | -577,000 | -1,992,000 | 2,257,000 | 161,000 | -750,000 | 973,000 |
latium management services limited Credit Report and Business Information
Latium Management Services Limited Competitor Analysis
Perform a competitor analysis for latium management services limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in WA14 area or any other competitors across 12 key performance metrics.
latium management services limited Ownership
LATIUM MANAGEMENT SERVICES LIMITED group structure
Latium Management Services Limited has no subsidiary companies.
Ultimate parent company
LATIUM MANAGEMENT SERVICES LIMITED
04294137
latium management services limited directors
Latium Management Services Limited currently has 4 directors. The longest serving directors include Mr Timothy Halpin (Nov 2018) and Mr Benjamin Soule (Dec 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Timothy Halpin | England | 42 years | Nov 2018 | - | Director |
| Mr Benjamin Soule | England | 60 years | Dec 2019 | - | Director |
| Mr Jordan Kennedy | England | 33 years | Sep 2020 | - | Director |
| Mr Benjamin Soule | England | 60 years | Sep 2022 | - | Director |
P&L
October 2022turnover
634.8k
+56%
operating profit
390k
0%
gross margin
32.9%
+4.1%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2022net assets
553.6k
+1.48%
total assets
22.4m
+0.44%
cash
1.5m
+24.72%
net assets
Total assets minus all liabilities
latium management services limited company details
company number
04294137
Type
Private limited with Share Capital
industry
70100 - Activities of head offices
incorporation date
September 2001
age
23
incorporated
UK
accounts
Small Company
ultimate parent company
previous names
inhoco 2398 limited (March 2002)
last accounts submitted
October 2022
address
hamilton house church street, altrincham, WA14 4DR
accountant
LOPIAN GROSS BARNETT & CO
auditor
-
latium management 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 2 charges/mortgages relating to latium management services limited. Currently there are 0 open charges and 2 have been satisfied in the past.
latium management services limited Companies House Filings - See Documents
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