lateral design concepts limited
lateral design concepts limited Company Information
Company Number
04400617
Next Accounts
4118 days late
Shareholders
stephen michael greenwood
isabel mary greenwood
View AllGroup Structure
View All
Industry
Engineering design activities for industrial process and production
+1Registered Address
stanmore house, 64-68 blackburn street, manchester, M26 2JS
Website
http://lateraldc.co.uklateral design concepts limited Estimated Valuation
Pomanda estimates the enterprise value of LATERAL DESIGN CONCEPTS LIMITED at £1.7m based on a Turnover of £3.3m and 0.51x industry multiple (adjusted for size and gross margin).
lateral design concepts limited Estimated Valuation
Pomanda estimates the enterprise value of LATERAL DESIGN CONCEPTS LIMITED at £793.2k based on an EBITDA of £207.4k and a 3.82x industry multiple (adjusted for size and gross margin).
lateral design concepts limited Estimated Valuation
Pomanda estimates the enterprise value of LATERAL DESIGN CONCEPTS LIMITED at £1.9m based on Net Assets of £794.7k and 2.38x industry multiple (adjusted for liquidity).
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Lateral Design Concepts Limited Overview
Lateral Design Concepts Limited is a live company located in manchester, M26 2JS with a Companies House number of 04400617. It operates in the other manufacturing n.e.c. sector, SIC Code 32990. Founded in March 2002, it's largest shareholder is stephen michael greenwood with a 45.9% stake. Lateral Design Concepts Limited is a mature, small sized company, Pomanda has estimated its turnover at £3.3m with unknown growth in recent years.
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Lateral Design Concepts Limited Health Check
Pomanda's financial health check has awarded Lateral Design Concepts Limited 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
3 Strong
3 Regular
5 Weak
Size
annual sales of £3.3m, make it in line with the average company (£3.5m)
- Lateral Design Concepts Limited
£3.5m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Lateral Design Concepts Limited
- - Industry AVG
Production
with a gross margin of 22.1%, this company has a higher cost of product (36%)
- Lateral Design Concepts Limited
36% - Industry AVG
Profitability
an operating margin of 2% make it less profitable than the average company (10.5%)
- Lateral Design Concepts Limited
10.5% - Industry AVG
Employees
with 15 employees, this is below the industry average (66)
- Lateral Design Concepts Limited
66 - Industry AVG
Pay Structure
on an average salary of £41.6k, the company has an equivalent pay structure (£41.6k)
- Lateral Design Concepts Limited
£41.6k - Industry AVG
Efficiency
resulting in sales per employee of £222.2k, this is more efficient (£152.5k)
- Lateral Design Concepts Limited
£152.5k - Industry AVG
Debtor Days
it gets paid by customers after 125 days, this is later than average (60 days)
- Lateral Design Concepts Limited
60 days - Industry AVG
Creditor Days
its suppliers are paid after 132 days, this is slower than average (43 days)
- Lateral Design Concepts Limited
43 days - Industry AVG
Stock Days
it holds stock equivalent to 20 days, this is less than average (35 days)
- Lateral Design Concepts Limited
35 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (20 weeks)
0 weeks - Lateral Design Concepts Limited
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 61.1%, this is a similar level of debt than the average (62.1%)
61.1% - Lateral Design Concepts Limited
62.1% - Industry AVG
LATERAL DESIGN CONCEPTS LIMITED financials
Lateral Design Concepts Limited's latest turnover from March 2012 is estimated at £3.3 million and the company has net assets of £794.7 thousand. According to their latest financial statements, we estimate that Lateral Design Concepts Limited has 15 employees and maintains cash reserves of £6.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|
| Turnover | |||
| Other Income Or Grants | |||
| Cost Of Sales | |||
| Gross Profit | |||
| Admin Expenses | |||
| Operating Profit | |||
| Interest Payable | |||
| Interest Receivable | |||
| Pre-Tax Profit | |||
| Tax | |||
| Profit After Tax | |||
| Dividends Paid | |||
| Retained Profit | |||
| Employee Costs | |||
| Number Of Employees | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|
| Tangible Assets | 636,351 | 691,707 | 720,894 |
| Intangible Assets | 38,842 | 42,245 | 26,799 |
| Investments & Other | |||
| Debtors (Due After 1 year) | |||
| Total Fixed Assets | 675,193 | 733,952 | 747,693 |
| Stock & work in progress | 144,642 | 66,101 | 20,150 |
| Trade Debtors | 1,146,342 | 1,009,882 | 812,593 |
| Group Debtors | |||
| Misc Debtors | 70,562 | 157,985 | 45,673 |
| Cash | 6,619 | 415 | 301 |
| misc current assets | |||
| total current assets | 1,368,165 | 1,234,383 | 878,717 |
| total assets | 2,043,358 | 1,968,335 | 1,626,410 |
| Bank overdraft | |||
| Bank loan | |||
| Trade Creditors | 943,642 | 862,454 | 710,827 |
| Group/Directors Accounts | |||
| other short term finances | |||
| hp & lease commitments | |||
| other current liabilities | |||
| total current liabilities | 943,642 | 862,454 | 710,827 |
| loans | |||
| hp & lease commitments | |||
| Accruals and Deferred Income | 33,563 | 39,486 | 46,455 |
| other liabilities | 201,577 | 250,396 | 372,051 |
| provisions | 69,920 | 70,112 | 62,330 |
| total long term liabilities | 305,060 | 359,994 | 480,836 |
| total liabilities | 1,248,702 | 1,222,448 | 1,191,663 |
| net assets | 794,656 | 745,887 | 434,747 |
| total shareholders funds | 794,656 | 745,887 | 434,747 |
| Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | 138,150 | 151,811 | 111,908 |
| Amortisation | 3,403 | 3,405 | 1,743 |
| Tax | |||
| Stock | 78,541 | 45,951 | 20,150 |
| Debtors | 49,037 | 309,601 | 858,266 |
| Creditors | 81,188 | 151,627 | 710,827 |
| Accruals and Deferred Income | -5,923 | -6,969 | 46,455 |
| Deferred Taxes & Provisions | -192 | 7,782 | 62,330 |
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | |||
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | |||
| Group/Directors Accounts | |||
| Other Short Term Loans | |||
| Long term loans | |||
| Hire Purchase and Lease Commitments | |||
| other long term liabilities | -48,819 | -121,655 | 372,051 |
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | 6,204 | 114 | 301 |
| overdraft | |||
| change in cash | 6,204 | 114 | 301 |
lateral design concepts limited Credit Report and Business Information
Lateral Design Concepts Limited Competitor Analysis
Perform a competitor analysis for lateral design concepts limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in M26 area or any other competitors across 12 key performance metrics.
lateral design concepts limited Ownership
LATERAL DESIGN CONCEPTS LIMITED group structure
Lateral Design Concepts Limited has no subsidiary companies.
Ultimate parent company
LATERAL DESIGN CONCEPTS LIMITED
04400617
lateral design concepts limited directors
Lateral Design Concepts Limited currently has 3 directors. The longest serving directors include Ms Isabel Greenwood (Mar 2002) and Mr Stephen Greenwood (Mar 2002).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Isabel Greenwood | 75 years | Mar 2002 | - | Director | |
| Mr Stephen Greenwood | United Kingdom | 73 years | Mar 2002 | - | Director |
| Mr Bryce Greenwood | United Kingdom | 42 years | Aug 2007 | - | Director |
P&L
March 2012turnover
3.3m
+10%
operating profit
65.9k
0%
gross margin
22.1%
-5.26%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2012net assets
794.7k
+0.07%
total assets
2m
+0.04%
cash
6.6k
+14.95%
net assets
Total assets minus all liabilities
lateral design concepts limited company details
company number
04400617
Type
Private limited with Share Capital
industry
71121 - Engineering design activities for industrial process and production
32990 - Other manufacturing n.e.c.
incorporation date
March 2002
age
23
incorporated
UK
ultimate parent company
accounts
Total Exemption Small
last accounts submitted
March 2012
previous names
N/A
accountant
-
auditor
-
address
stanmore house, 64-68 blackburn street, manchester, M26 2JS
Bank
-
Legal Advisor
-
lateral design concepts 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 5 charges/mortgages relating to lateral design concepts limited. Currently there are 5 open charges and 0 have been satisfied in the past.
lateral design concepts 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.
Click to start generating capital raising & share issue transactions for LATERAL DESIGN CONCEPTS LIMITED. This can take several minutes, an email will notify you when this has completed.
lateral design concepts limited Companies House Filings - See Documents
| date | description | view/download |
|---|
