langley search and selection ltd

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langley search and selection ltd Company Information

Share LANGLEY SEARCH AND SELECTION LTD

Company Number

04357515

Shareholders

eniibukun micheal oluwabusayo babatunde

nathan ramsay

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Group Structure

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Industry

Temporary employment agency activities

 

Registered Address

pendragon house 65 london road, st albans, hertfordshire, AL1 1LJ

langley search and selection ltd Estimated Valuation

£391k

Pomanda estimates the enterprise value of LANGLEY SEARCH AND SELECTION LTD at £391k based on a Turnover of £2m and 0.19x industry multiple (adjusted for size and gross margin).

langley search and selection ltd Estimated Valuation

£63.1k

Pomanda estimates the enterprise value of LANGLEY SEARCH AND SELECTION LTD at £63.1k based on an EBITDA of £21k and a 3x industry multiple (adjusted for size and gross margin).

langley search and selection ltd Estimated Valuation

£167.1k

Pomanda estimates the enterprise value of LANGLEY SEARCH AND SELECTION LTD at £167.1k based on Net Assets of £107.3k and 1.56x industry multiple (adjusted for liquidity).

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Langley Search And Selection Ltd Overview

Langley Search And Selection Ltd is a live company located in hertfordshire, AL1 1LJ with a Companies House number of 04357515. It operates in the temporary employment agency activities sector, SIC Code 78200. Founded in January 2002, it's largest shareholder is eniibukun micheal oluwabusayo babatunde with a 33.3% stake. Langley Search And Selection Ltd is a mature, small sized company, Pomanda has estimated its turnover at £2m with low growth in recent years.

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Langley Search And Selection Ltd Health Check

Pomanda's financial health check has awarded Langley Search And Selection Ltd a 3.5 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

Health Check Image
Health Rating3.5out of 5
positive_score

3 Strong

positive_score

3 Regular

positive_score

5 Weak

size

Size

annual sales of £2m, make it smaller than the average company (£16.6m)

£2m - Langley Search And Selection Ltd

£16.6m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 3%, show it is growing at a slower rate (6%)

3% - Langley Search And Selection Ltd

6% - Industry AVG

production

Production

with a gross margin of 18.4%, this company has a comparable cost of product (18.4%)

18.4% - Langley Search And Selection Ltd

18.4% - Industry AVG

profitability

Profitability

an operating margin of 1% make it less profitable than the average company (2.6%)

1% - Langley Search And Selection Ltd

2.6% - Industry AVG

employees

Employees

with 6 employees, this is below the industry average (56)

6 - Langley Search And Selection Ltd

56 - Industry AVG

paystructure

Pay Structure

on an average salary of £52.6k, the company has an equivalent pay structure (£52.6k)

£52.6k - Langley Search And Selection Ltd

£52.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £338.2k, this is more efficient (£244.8k)

£338.2k - Langley Search And Selection Ltd

£244.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 24 days, this is earlier than average (46 days)

24 days - Langley Search And Selection Ltd

46 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 20 days, this is slower than average (4 days)

20 days - Langley Search And Selection Ltd

4 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Langley Search And Selection Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (6 weeks)

2 weeks - Langley Search And Selection Ltd

6 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 77.9%, this is a similar level of debt than the average (71.2%)

77.9% - Langley Search And Selection Ltd

71.2% - Industry AVG

LANGLEY SEARCH AND SELECTION LTD financials

EXPORTms excel logo

Langley Search And Selection Ltd's latest turnover from December 2023 is estimated at £2 million and the company has net assets of £107.3 thousand. According to their latest financial statements, Langley Search And Selection Ltd has 6 employees and maintains cash reserves of £16.6 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover2,029,2532,399,1902,357,0991,844,8902,450,5403,680,2133,279,9853,759,0057,422,36819,010,97313,477,79513,654,30410,460,3099,162,6940
Other Income Or Grants000000000000000
Cost Of Sales1,655,0571,972,5791,975,8981,543,7232,029,8843,039,6342,704,8603,109,2936,130,80515,629,59511,056,47511,259,5498,611,5627,407,5960
Gross Profit374,196426,611381,200301,166420,656640,579575,125649,7121,291,5633,381,3772,421,3192,394,7551,848,7471,755,0980
Admin Expenses353,740340,429293,542371,678357,961578,062347,076938,3511,314,8713,386,8192,376,7602,353,0061,939,0091,643,474-264,864
Operating Profit20,45686,18287,658-70,51262,69562,517228,049-288,639-23,308-5,44244,55941,749-90,262111,624264,864
Interest Payable32,54729,57517,73210,8418,70515,51620,11232,80823,13524,08243,79633,43920,2356,5100
Interest Receivable6,7826,5424081101177478376567021911361721460
Pre-Tax Profit-5,30963,14970,335-81,24254,10747,074208,015-321,410-45,787-28,8219558,446-110,326105,260264,864
Tax0-11,998-13,3640-10,280-8,944-39,523000-220-2,0270-29,473-74,162
Profit After Tax-5,30951,15156,971-81,24243,82738,130168,492-321,410-45,787-28,8217356,419-110,32675,787190,702
Dividends Paid000000000000000
Retained Profit-5,30951,15156,971-81,24243,82738,130168,492-321,410-45,787-28,8217356,419-110,32675,787190,702
Employee Costs315,616306,932185,502176,084173,610166,631164,066528,824397,7582,335,5241,677,6431,783,4891,311,8231,184,2620
Number Of Employees6644444131060434735330
EBITDA*21,01986,18289,313-68,50965,68468,152234,892-279,413-8,8108,62058,31771,008-54,323151,000334,450

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets2,253001,6553,2633,9419,57616,41921,64515,60329,13633,31059,26654,52390,576
Intangible Assets000000000000000
Investments & Other000000011111100
Debtors (Due After 1 year)000000000000000
Total Fixed Assets2,253001,6553,2633,9419,57616,42021,64615,60429,13733,31159,26754,52390,576
Stock & work in progress000000000000000
Trade Debtors138,745232,665220,571132,243211,170341,018343,895331,3411,000,8631,037,6081,417,7111,331,7171,041,419820,220650,994
Group Debtors00000063,95963,95963,959000000
Misc Debtors264,22257,66265,6698,0622,3983,83056,9932,327139,125000000
Cash16,630241,730132,086194,19026,2964,90614,72816,30813,568248,65532,31444,16010,27858,3780
misc current assets63,95963,95963,95963,95963,95963,959000000000
total current assets483,556596,016482,285398,454303,823413,713479,575413,9351,217,5151,286,2631,450,0251,375,8771,051,697878,598650,994
total assets485,809596,016482,285400,109307,086417,654489,151430,3551,239,1611,301,8671,479,1621,409,1881,110,964933,121741,570
Bank overdraft246,929331,685290,939276,47278,962178,949251,746284,525711,8340740,971606,584422,312200,3100
Bank loan000000000000000
Trade Creditors 92,81791,03399,76780,073108,088175,859162,337143,073271,3161,099,371498,192552,921434,969450,827532,227
Group/Directors Accounts00000012,6275,5580000000
other short term finances000000000000000
hp & lease commitments00000000008,68210,41910,41900
other current liabilities38,74460,67030,10239,05834,28820,92529,603108,38997,816000000
total current liabilities378,490483,388420,808395,603221,338375,733456,313541,5451,080,9661,099,3711,247,8451,169,924867,700651,137532,227
loans00000029,04753,5110000000
hp & lease commitments000000000008,68219,10100
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions000000001,48600005,4958,641
total long term liabilities00000029,04753,5111,486008,68219,1015,4958,641
total liabilities378,490483,388420,808395,603221,338375,733485,360595,0561,082,4521,099,3711,247,8451,178,606886,801656,632540,868
net assets107,319112,62861,4774,50685,74841,9213,791-164,701156,709202,496231,317230,582224,163276,489200,702
total shareholders funds107,319112,62861,4774,50685,74841,9213,791-164,701156,709202,496231,317230,582224,163276,489200,702
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit20,45686,18287,658-70,51262,69562,517228,049-288,639-23,308-5,44244,55941,749-90,262111,624264,864
Depreciation56301,6552,0032,9895,6356,8439,22614,49814,06213,75829,25935,93939,37669,586
Amortisation000000000000000
Tax0-11,998-13,3640-10,280-8,944-39,523000-220-2,0270-29,473-74,162
Stock000000000000000
Debtors112,6404,087145,935-73,263-131,280-119,99967,220-806,320166,339-380,10385,994290,298221,199169,226650,994
Creditors1,784-8,73419,694-28,015-67,77113,52219,264-128,243-828,055601,179-54,729117,952-15,858-81,400532,227
Accruals and Deferred Income-21,92630,568-8,9564,77013,363-8,678-78,78610,57397,816000000
Deferred Taxes & Provisions0000000-1,4861,486000-5,495-3,1468,641
Cash flow from operations-111,76391,931-59,248-18,491132,276184,05168,627407,751-903,902989,902-82,626-103,365-296,875-132,245150,162
Investing Activities
capital expenditure-2,81600-395-2,31100-4,000-20,540-529-9,584-3,303-40,682-3,323-160,162
Change in Investments000000-100000100
cash flow from investments-2,81600-395-2,31101-4,000-20,540-529-9,584-3,303-40,683-3,323-160,162
Financing Activities
Bank loans000000000000000
Group/Directors Accounts00000-12,6277,0695,5580000000
Other Short Term Loans 000000000000000
Long term loans00000-29,047-24,46453,5110000000
Hire Purchase and Lease Commitments000000000-8,682-10,419-10,41929,52000
other long term liabilities000000000000000
share issue00000000000058,000010,000
interest-25,765-23,033-17,324-10,731-8,588-15,442-20,034-32,771-22,479-23,380-43,605-33,303-20,063-6,3640
cash flow from financing-25,765-23,033-17,324-10,731-8,588-57,116-37,42926,298-22,479-32,062-54,024-43,72267,457-6,36410,000
cash and cash equivalents
cash-225,100109,644-62,104167,89421,390-9,822-1,5802,740-235,087216,341-11,84633,882-48,10058,3780
overdraft-84,75640,74614,467197,510-99,987-72,797-32,779-427,309711,834-740,971134,387184,272222,002200,3100
change in cash-140,34468,898-76,571-29,616121,37762,97531,199430,049-946,921957,312-146,233-150,390-270,102-141,9320

langley search and selection ltd 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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Langley Search And Selection Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for langley search and selection ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in AL1 area or any other competitors across 12 key performance metrics.

langley search and selection ltd Ownership

LANGLEY SEARCH AND SELECTION LTD group structure

Langley Search And Selection Ltd has no subsidiary companies.

Ultimate parent company

LANGLEY SEARCH AND SELECTION LTD

04357515

LANGLEY SEARCH AND SELECTION LTD Shareholders

eniibukun micheal oluwabusayo babatunde 33.33%
nathan ramsay 33.33%
wisanka amarasinghe 33.33%

langley search and selection ltd directors

Langley Search And Selection Ltd currently has 3 directors. The longest serving directors include Mr Eniibukun Babatunde (Jun 2018) and Mr Wisanka Amarasinghe (Jun 2018).

officercountryagestartendrole
Mr Eniibukun BabatundeUnited Kingdom34 years Jun 2018- Director
Mr Wisanka AmarasingheUnited Kingdom51 years Jun 2018- Director
Mr Nathan RamsayUnited Kingdom49 years Jun 2018- Director

P&L

December 2023

turnover

2m

-15%

operating profit

20.5k

0%

gross margin

18.5%

+3.7%

turnover

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

Balance Sheet

December 2023

net assets

107.3k

-0.05%

total assets

485.8k

-0.18%

cash

16.6k

-0.93%

net assets

Total assets minus all liabilities

langley search and selection ltd company details

company number

04357515

Type

Private limited with Share Capital

industry

78200 - Temporary employment agency activities

incorporation date

January 2002

age

23

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

-

address

pendragon house 65 london road, st albans, hertfordshire, AL1 1LJ

Bank

-

Legal Advisor

-

langley search and selection 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 found 3 charges/mortgages relating to langley search and selection ltd. Currently there are 2 open charges and 1 have been satisfied in the past.

langley search and selection 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.

Click to start generating capital raising & share issue transactions for LANGLEY SEARCH AND SELECTION LTD. This can take several minutes, an email will notify you when this has completed.

langley search and selection ltd Companies House Filings - See Documents

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