lance house services limited

1.5

lance house services limited Company Information

Share LANCE HOUSE SERVICES LIMITED
Dissolved 

Company Number

04327598

Website

-

Registered Address

189 castelnau, london, SW13 9ER

Industry

Tax consultancy

 

Accounting, and auditing activities

 

Telephone

-

Next Accounts Due

September 2024

Group Structure

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Directors

Richard Hartley21 Years

Shareholders

richard hartley 81%

karen lynn aldred 19%

lance house services limited Estimated Valuation

£2.5k

Pomanda estimates the enterprise value of LANCE HOUSE SERVICES LIMITED at £2.5k based on a Turnover of £2.4k and 1.04x industry multiple (adjusted for size and gross margin).

lance house services limited Estimated Valuation

£0

Pomanda estimates the enterprise value of LANCE HOUSE SERVICES LIMITED at £0 based on an EBITDA of £-28.2k and a 5.04x industry multiple (adjusted for size and gross margin).

lance house services limited Estimated Valuation

£0

Pomanda estimates the enterprise value of LANCE HOUSE SERVICES LIMITED at £0 based on Net Assets of £-28k and 0.97x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Lance House Services Limited Overview

Lance House Services Limited is a dissolved company that was located in london, SW13 9ER with a Companies House number of 04327598. It operated in the accounting and auditing activities sector, SIC Code 69201. Founded in November 2001, it's largest shareholder was richard hartley with a 81% stake. The last turnover for Lance House Services Limited was estimated at £2.4k.

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Lance House Services Limited Health Check

Pomanda's financial health check has awarded Lance House Services Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £2.4k, make it smaller than the average company (£154.8k)

£2.4k - Lance House Services Limited

£154.8k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -46%, show it is growing at a slower rate (2.9%)

-46% - Lance House Services Limited

2.9% - Industry AVG

production

Production

with a gross margin of 45.9%, this company has a higher cost of product (77.2%)

45.9% - Lance House Services Limited

77.2% - Industry AVG

profitability

Profitability

an operating margin of -1178.7% make it less profitable than the average company (18.7%)

-1178.7% - Lance House Services Limited

18.7% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (3)

1 - Lance House Services Limited

3 - Industry AVG

paystructure

Pay Structure

on an average salary of £26.3k, the company has an equivalent pay structure (£26.3k)

£26.3k - Lance House Services Limited

£26.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £2.4k, this is less efficient (£67.2k)

£2.4k - Lance House Services Limited

£67.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 0 days, this is earlier than average (99 days)

0 days - Lance House Services Limited

99 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 7900 days, this is slower than average (33 days)

7900 days - Lance House Services Limited

33 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Lance House Services Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Lance House Services Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 467550%, this is a higher level of debt than the average (51.3%)

467550% - Lance House Services Limited

51.3% - Industry AVG

LANCE HOUSE SERVICES LIMITED financials

EXPORTms excel logo

Lance House Services Limited's latest turnover from November 2021 is estimated at £2.4 thousand and the company has net assets of -£28 thousand. According to their latest financial statements, we estimate that Lance House Services Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015Nov 2014Nov 2013Nov 2012Nov 2011Nov 2010Nov 2009
Turnover2,3942,39525,75615,5888,4004,47617,2088,4533,24515,6461,9127230
Other Income Or Grants0000000000000
Cost Of Sales1,2961,14710,6616,3033,9132,1536,4782,9651,0796,4535601970
Gross Profit1,0981,24815,0949,2854,4862,32310,7315,4882,1679,1931,3525260
Admin Expenses29,31815,2613,359-1,964-7,9675,8977,593-17,25010,09918,4685,1842,8698,064
Operating Profit-28,220-14,01311,73511,24912,453-3,5743,13822,738-7,932-9,275-3,832-2,343-8,064
Interest Payable0000000000000
Interest Receivable00001611771000
Pre-Tax Profit-28,220-14,01311,73511,24912,454-3,5683,14922,744-7,925-9,274-3,832-2,343-8,064
Tax00-2,230-2,137-2,3660-630-4,77600000
Profit After Tax-28,220-14,0139,5059,11210,088-3,5682,51917,968-7,925-9,274-3,832-2,343-8,064
Dividends Paid0000000000000
Retained Profit-28,220-14,0139,5059,11210,088-3,5682,51917,968-7,925-9,274-3,832-2,343-8,064
Employee Costs26,28622,38330,09321,80825,78631,05537,46437,49840,81031,02134,67527,2980
Number Of Employees1111111111110
EBITDA*-28,220-14,01311,73511,24912,453-3,5743,78122,738-7,932-7,225-1,782-293-6,014

* Earnings Before Interest, Tax, Depreciation and Amortisation

Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015Nov 2014Nov 2013Nov 2012Nov 2011Nov 2010Nov 2009
Tangible Assets0000000643002,0504,1006,150
Intangible Assets0000000000000
Investments & Other0000000000000
Debtors (Due After 1 year)0000000000000
Total Fixed Assets0000000643002,0504,1006,150
Stock & work in progress0000000000000
Trade Debtors61,60115,1958,7453,7861,5005,0001,92003,993001,912
Group Debtors0000000000000
Misc Debtors004,5520000000000
Cash000005244,49502,694244000
misc current assets0000000000000
total current assets61,60119,7478,7453,7862,0249,4951,9202,6944,237001,912
total assets61,60119,7478,7453,7862,0249,4952,5632,6944,2372,0504,1008,062
Bank overdraft0000000000000
Bank loan0000000000000
Trade Creditors 28,0531,4285,5614,0648,21616,44320,34615,93334,03227,65016,18914,40716,026
Group/Directors Accounts0000000000000
other short term finances0000000000000
hp & lease commitments0000000000000
other current liabilities0000000000000
total current liabilities28,0531,4285,5614,0648,21616,44320,34615,93334,03227,65016,18914,40716,026
loans0000000000000
hp & lease commitments0000000000000
Accruals and Deferred Income0000100000000
other liabilities0000000000000
provisions0000000000000
total long term liabilities0000100000000
total liabilities28,0531,4285,5614,0648,21716,44320,34615,93334,03227,65016,18914,40716,026
net assets-28,04717314,1864,681-4,431-14,419-10,851-13,370-31,338-23,413-14,139-10,307-7,964
total shareholders funds-28,04717314,1864,681-4,431-14,419-10,851-13,370-31,338-23,413-14,139-10,307-7,964
Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015Nov 2014Nov 2013Nov 2012Nov 2011Nov 2010Nov 2009
Operating Activities
Operating Profit-28,220-14,01311,73511,24912,453-3,5743,13822,738-7,932-9,275-3,832-2,343-8,064
Depreciation000000643002,0502,0502,0502,050
Amortisation0000000000000
Tax00-2,230-2,137-2,3660-630-4,77600000
Stock0000000000000
Debtors-1,595-18,14611,0024,9592,286-3,5003,0801,920-3,9933,9930-1,9121,912
Creditors26,625-4,1331,497-4,152-8,227-3,9034,413-18,0996,38211,4611,782-1,61916,026
Accruals and Deferred Income000-1100000000
Deferred Taxes & Provisions0000000000000
Cash flow from operations0000-425-3,9774,484-2,0572,443243008,100
Investing Activities
capital expenditure0000000-6430000-8,200
Change in Investments0000000000000
cash flow from investments0000000-6430000-8,200
Financing Activities
Bank loans0000000000000
Group/Directors Accounts0000000000000
Other Short Term Loans 0000000000000
Long term loans0000000000000
Hire Purchase and Lease Commitments0000000000000
other long term liabilities0000000000000
share issue0000-1000000000100
interest00001611771000
cash flow from financing0000-9961177100100
cash and cash equivalents
cash0000-524-3,9714,495-2,6942,450244000
overdraft0000000000000
change in cash0000-524-3,9714,495-2,6942,450244000

lance house 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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Lance House Services Limited Competitor Analysis

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competitor_analysis_table_img

Perform a competitor analysis for lance house services limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other undefined companies, companies in SW13 area or any other competitors across 12 key performance metrics.

lance house services limited Ownership

LANCE HOUSE SERVICES LIMITED group structure

Lance House Services Limited has no subsidiary companies.

Ultimate parent company

LANCE HOUSE SERVICES LIMITED

04327598

LANCE HOUSE SERVICES LIMITED Shareholders

richard hartley 81%
karen lynn aldred 19%

lance house services limited directors

Lance House Services Limited currently has 1 director, Mr Richard Hartley serving since Dec 2002.

officercountryagestartendrole
Mr Richard Hartley76 years Dec 2002- Director

P&L

November 2021

turnover

2.4k

0%

operating profit

-28.2k

0%

gross margin

45.9%

-11.98%

turnover

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

Balance Sheet

November 2021

net assets

-28k

-163.12%

total assets

6

-1%

cash

0

0%

net assets

Total assets minus all liabilities

lance house services limited company details

company number

04327598

Type

Private limited with Share Capital

industry

69203 - Tax consultancy

69201 - Accounting, and auditing activities

incorporation date

November 2001

age

23

incorporated

UK

accounts

Micro-Entity Accounts

ultimate parent company

None

previous names

N/A

last accounts submitted

November 2021

address

189 castelnau, london, SW13 9ER

accountant

-

auditor

-

lance house 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 lance house services limited.

charges

lance house services limited Companies House Filings - See Documents

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