lightwork group limited
lightwork group limited Company Information
Company Number
04450299
Next Accounts
42 days late
Shareholders
daniel gerard o'connell
catherine elizabeth o'connell
Group Structure
View All
Industry
Other business support service activities n.e.c.
Registered Address
2nd floor, 38 - 43 lincoln's inn fields, london, WC2A 3PE
Website
lightworkbusiness.comlightwork group limited Estimated Valuation
Pomanda estimates the enterprise value of LIGHTWORK GROUP LIMITED at £165.5k based on a Turnover of £294.6k and 0.56x industry multiple (adjusted for size and gross margin).
lightwork group limited Estimated Valuation
Pomanda estimates the enterprise value of LIGHTWORK GROUP LIMITED at £44 based on an EBITDA of £10 and a 4.04x industry multiple (adjusted for size and gross margin).
lightwork group limited Estimated Valuation
Pomanda estimates the enterprise value of LIGHTWORK GROUP LIMITED at £0 based on Net Assets of £-262.6k and 2.3x industry multiple (adjusted for liquidity).
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Lightwork Group Limited Overview
Lightwork Group Limited is a live company located in london, WC2A 3PE with a Companies House number of 04450299. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in May 2002, it's largest shareholder is daniel gerard o'connell with a 74.1% stake. Lightwork Group Limited is a mature, micro sized company, Pomanda has estimated its turnover at £294.6k with high growth in recent years.
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Lightwork Group Limited Health Check
Pomanda's financial health check has awarded Lightwork Group Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
7 Weak
Size
annual sales of £294.6k, make it smaller than the average company (£3.1m)
- Lightwork Group Limited
£3.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 22%, show it is growing at a faster rate (4.1%)
- Lightwork Group Limited
4.1% - Industry AVG
Production
with a gross margin of 38.4%, this company has a comparable cost of product (38.4%)
- Lightwork Group Limited
38.4% - Industry AVG
Profitability
an operating margin of 0% make it less profitable than the average company (6.5%)
- Lightwork Group Limited
6.5% - Industry AVG
Employees
with 4 employees, this is below the industry average (20)
4 - Lightwork Group Limited
20 - Industry AVG
Pay Structure
on an average salary of £44.8k, the company has an equivalent pay structure (£44.8k)
- Lightwork Group Limited
£44.8k - Industry AVG
Efficiency
resulting in sales per employee of £73.6k, this is less efficient (£141.4k)
- Lightwork Group Limited
£141.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Lightwork Group Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (34 days)
- Lightwork Group Limited
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Lightwork Group Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (27 weeks)
0 weeks - Lightwork Group Limited
27 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1630.3%, this is a higher level of debt than the average (60.5%)
1630.3% - Lightwork Group Limited
60.5% - Industry AVG
LIGHTWORK GROUP LIMITED financials
Lightwork Group Limited's latest turnover from March 2023 is estimated at £294.6 thousand and the company has net assets of -£262.6 thousand. According to their latest financial statements, Lightwork Group Limited has 4 employees and maintains cash reserves of £37 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | 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 | 4 | 4 | 4 | 4 | 4 | |||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 295 | 295 | 295 | 397 | 544 | 691 | 746 | 433 | 901 | 15,323 | 19,454 | 19,099 | 21,636 | 26,177 |
| Intangible Assets | 16,830 | 16,830 | 16,830 | 21,038 | 28,051 | 35,063 | 43,829 | 35,786 | 17,857 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 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 | 0 | 0 |
| Total Fixed Assets | 17,125 | 17,125 | 17,125 | 21,435 | 28,595 | 35,754 | 44,575 | 36,219 | 18,758 | 15,323 | 19,454 | 19,099 | 21,636 | 26,177 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 250 | 0 | 575 | 793 | 124 | 712 | 841 | 3,046 | 4,380 | 4,818 | 6,775 | 2,538 | 2,882 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 757 | 607 | 1,458 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 37 | 961 | 737 | 856 | 756 | 1,442 | 565 | 0 | 0 | 0 | 224 | 0 | 162 | 4,369 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 37 | 1,211 | 737 | 1,431 | 1,549 | 2,323 | 1,884 | 2,299 | 3,046 | 4,380 | 5,042 | 6,775 | 2,700 | 7,251 |
| total assets | 17,162 | 18,336 | 17,862 | 22,866 | 30,144 | 38,077 | 46,459 | 38,518 | 21,804 | 19,703 | 24,496 | 25,874 | 24,336 | 33,428 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 49,944 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 29 | 1,534 | 1,738 | 558 | 684 | 247 | 1,423 | 7,737 | 182,537 | 150,665 | 129,230 | 109,842 | 90,244 | 61,571 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 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 |
| other current liabilities | 279,768 | 279,463 | 278,518 | 276,164 | 270,512 | 260,134 | 254,440 | 164,220 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 279,797 | 280,997 | 280,256 | 276,722 | 271,196 | 260,381 | 255,863 | 221,901 | 182,537 | 150,665 | 129,230 | 109,842 | 90,244 | 61,571 |
| 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 | 279,797 | 280,997 | 280,256 | 276,722 | 271,196 | 260,381 | 255,863 | 221,901 | 182,537 | 150,665 | 129,230 | 109,842 | 90,244 | 61,571 |
| net assets | -262,635 | -262,661 | -262,394 | -253,856 | -241,052 | -222,304 | -209,404 | -183,383 | -160,733 | -130,962 | -104,734 | -83,968 | -65,908 | -28,143 |
| total shareholders funds | -262,635 | -262,661 | -262,394 | -253,856 | -241,052 | -222,304 | -209,404 | -183,383 | -160,733 | -130,962 | -104,734 | -83,968 | -65,908 | -28,143 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 0 | 0 | 102 | 147 | 115 | 132 | 468 | 4,131 | 4,845 | 4,737 | 5,288 | 6,370 | ||
| Amortisation | 0 | 0 | 4,208 | 7,013 | 8,766 | 10,957 | 3,571 | 0 | 0 | 0 | 0 | 0 | ||
| Tax | ||||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -250 | 250 | -575 | -218 | -88 | -438 | -980 | -747 | -1,334 | -438 | -1,957 | 4,237 | -344 | 2,882 |
| Creditors | -1,505 | -204 | 1,180 | -126 | 437 | -1,176 | -6,314 | -174,800 | 31,872 | 21,435 | 19,388 | 19,598 | 28,673 | 61,571 |
| Accruals and Deferred Income | 305 | 945 | 2,354 | 5,652 | 10,378 | 5,694 | 90,220 | 164,220 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 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 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 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 | 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 | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | -924 | 224 | -119 | 100 | -686 | 877 | 565 | 0 | 0 | -224 | 224 | -162 | -4,207 | 4,369 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | -49,944 | 49,944 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -924 | 224 | -119 | 100 | -686 | 877 | 50,509 | -49,944 | 0 | -224 | 224 | -162 | -4,207 | 4,369 |
lightwork group limited Credit Report and Business Information
Lightwork Group Limited Competitor Analysis
Perform a competitor analysis for lightwork group limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in WC2A area or any other competitors across 12 key performance metrics.
lightwork group limited Ownership
LIGHTWORK GROUP LIMITED group structure
Lightwork Group Limited has 3 subsidiary companies.
Ultimate parent company
LIGHTWORK GROUP LIMITED
04450299
3 subsidiaries
lightwork group limited directors
Lightwork Group Limited currently has 2 directors. The longest serving directors include Mrs Catherine O'Connell (Jul 2008) and Mr Daniel O'Connell (Aug 2008).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Catherine O'Connell | United Kingdom | 56 years | Jul 2008 | - | Director |
| Mr Daniel O'Connell | United Kingdom | 61 years | Aug 2008 | - | Director |
P&L
March 2023turnover
294.6k
+82%
operating profit
10.9
0%
gross margin
38.4%
+1.21%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-262.6k
0%
total assets
17.2k
-0.06%
cash
37
-0.96%
net assets
Total assets minus all liabilities
lightwork group limited company details
company number
04450299
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
May 2002
age
23
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
coinc limited (December 2016)
renta limited (July 2008)
accountant
-
auditor
-
address
2nd floor, 38 - 43 lincoln's inn fields, london, WC2A 3PE
Bank
-
Legal Advisor
-
lightwork group 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 lightwork group limited.
lightwork group 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 LIGHTWORK GROUP LIMITED. This can take several minutes, an email will notify you when this has completed.
lightwork group limited Companies House Filings - See Documents
| date | description | view/download |
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