longclose ltd
longclose ltd Company Information
Company Number
04568343
Website
www.longcloseltd.comRegistered Address
47 boutport street, barnstaple, devon, EX31 1SQ
Industry
Development of building projects
Telephone
-
Next Accounts Due
October 2024
Group Structure
View All
Directors
Timothy James Maskell21 Years
Shareholders
timothy james maskell 100%
longclose ltd Estimated Valuation
Pomanda estimates the enterprise value of LONGCLOSE LTD at £226.1k based on a Turnover of £405.3k and 0.56x industry multiple (adjusted for size and gross margin).
longclose ltd Estimated Valuation
Pomanda estimates the enterprise value of LONGCLOSE LTD at £2m based on an EBITDA of £495k and a 4.07x industry multiple (adjusted for size and gross margin).
longclose ltd Estimated Valuation
Pomanda estimates the enterprise value of LONGCLOSE LTD at £791.3k based on Net Assets of £511.2k and 1.55x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Longclose Ltd Overview
Longclose Ltd is a live company located in devon, EX31 1SQ with a Companies House number of 04568343. It operates in the development of building projects sector, SIC Code 41100. Founded in October 2002, it's largest shareholder is timothy james maskell with a 100% stake. Longclose Ltd is a mature, micro sized company, Pomanda has estimated its turnover at £405.3k with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Longclose Ltd Health Check
Pomanda's financial health check has awarded Longclose Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
4 Weak
Size
annual sales of £405.3k, make it smaller than the average company (£2m)
- Longclose Ltd
£2m - Industry AVG
Growth
3 year (CAGR) sales growth of -19%, show it is growing at a slower rate (1.9%)
- Longclose Ltd
1.9% - Industry AVG
Production
with a gross margin of 25.3%, this company has a comparable cost of product (25.3%)
- Longclose Ltd
25.3% - Industry AVG
Profitability
an operating margin of 121.7% make it more profitable than the average company (8.7%)
- Longclose Ltd
8.7% - Industry AVG
Employees
with 5 employees, this is similar to the industry average (5)
5 - Longclose Ltd
5 - Industry AVG
Pay Structure
on an average salary of £46.1k, the company has an equivalent pay structure (£46.1k)
- Longclose Ltd
£46.1k - Industry AVG
Efficiency
resulting in sales per employee of £81.1k, this is less efficient (£267.8k)
- Longclose Ltd
£267.8k - Industry AVG
Debtor Days
it gets paid by customers after 11 days, this is earlier than average (30 days)
- Longclose Ltd
30 days - Industry AVG
Creditor Days
its suppliers are paid after 1 days, this is quicker than average (31 days)
- Longclose Ltd
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Longclose Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 94 weeks, this is more cash available to meet short term requirements (13 weeks)
94 weeks - Longclose Ltd
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 32.1%, this is a lower level of debt than the average (74.5%)
32.1% - Longclose Ltd
74.5% - Industry AVG
LONGCLOSE LTD financials
Longclose Ltd's latest turnover from January 2023 is estimated at £405.3 thousand and the company has net assets of £511.2 thousand. According to their latest financial statements, Longclose Ltd has 5 employees and maintains cash reserves of £436.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 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 | 5 | 6 | 6 | 6 | 6 | 5 | 5 | 5 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 7,583 | 31,931 | 38,589 | 42,731 | 49,318 | 55,200 | 46,236 | 37,520 | 45,432 | 50,890 | 46,121 | 45,445 | 55,523 | 921,792 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 29,520 | 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 | 7,583 | 31,931 | 38,589 | 42,731 | 49,318 | 55,200 | 46,236 | 37,520 | 74,952 | 50,890 | 46,121 | 45,445 | 55,523 | 921,792 |
| Stock & work in progress | 0 | 96,466 | 87,595 | 262,372 | 246,051 | 448,747 | 1,931,501 | 949,783 | 537,551 | 179,834 | 257,649 | 487,007 | 1,044,306 | 73,233 |
| Trade Debtors | 13,261 | 9,371 | 0 | 0 | 831,472 | 0 | 0 | 7,903 | 23,355 | 91,069 | 5,768 | 27,987 | 28,956 | 424,429 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 295,428 | 36,693 | 7,741 | 87,615 | 14,704 | 3,755 | 27,643 | 8,171 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 436,128 | 48,517 | 260,221 | 132,566 | 43,166 | 24,115 | 56,148 | 140,409 | 99,517 | 528,806 | 18,761 | 68 | 112,374 | 42,295 |
| misc current assets | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 7 | 0 | 0 | 603,196 | 0 | 0 | 0 |
| total current assets | 744,827 | 191,057 | 355,567 | 482,563 | 1,135,403 | 476,627 | 2,015,302 | 1,106,273 | 660,423 | 799,709 | 885,374 | 515,062 | 1,185,636 | 539,957 |
| total assets | 752,410 | 222,988 | 394,156 | 525,294 | 1,184,721 | 531,827 | 2,061,538 | 1,143,793 | 735,375 | 850,599 | 931,495 | 560,507 | 1,241,159 | 1,461,749 |
| Bank overdraft | 0 | 10,000 | 6,667 | 207,500 | 0 | 0 | 1,603,665 | 520,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 520,001 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,573 | 14,801 | 13,216 | 31,734 | 34,301 | 6,340 | 55,696 | 16,097 | 433,573 | 285,502 | 327,223 | 146,496 | 857,453 | 988,071 |
| 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 | 9,059 | 9,743 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 237,767 | 53,824 | 61,560 | 23,269 | 77,736 | 66,356 | 93,786 | 246,554 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 239,340 | 78,625 | 81,443 | 262,503 | 641,097 | 82,439 | 1,753,147 | 782,651 | 433,573 | 285,502 | 327,223 | 146,496 | 857,453 | 988,071 |
| loans | 0 | 18,750 | 43,333 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 14,583 | 0 | 0 | 19,249 | 21,075 | 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 | 14,583 | 18,386 | 0 | 0 | 3,874 | 0 | 142,167 | 0 | 0 | 0 | 0 | 0 |
| provisions | 1,896 | 5,056 | 6,321 | 7,108 | 8,360 | 9,478 | 9,272 | 0 | 0 | 10,178 | 10,608 | 8,573 | 10,982 | 9,427 |
| total long term liabilities | 1,896 | 38,389 | 64,237 | 25,494 | 27,609 | 30,553 | 13,146 | 0 | 142,167 | 10,178 | 10,608 | 8,573 | 10,982 | 9,427 |
| total liabilities | 241,236 | 117,014 | 145,680 | 287,997 | 668,706 | 112,992 | 1,766,293 | 782,651 | 575,740 | 295,680 | 337,831 | 155,069 | 868,435 | 997,498 |
| net assets | 511,174 | 105,974 | 248,476 | 237,297 | 516,015 | 418,835 | 295,245 | 361,142 | 159,635 | 554,919 | 593,664 | 405,438 | 372,724 | 464,251 |
| total shareholders funds | 511,174 | 105,974 | 248,476 | 237,297 | 516,015 | 418,835 | 295,245 | 361,142 | 159,635 | 554,919 | 593,664 | 405,438 | 372,724 | 464,251 |
| Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 1,898 | 6,658 | 8,324 | 9,360 | 11,009 | 12,483 | 10,247 | 8,358 | 10,389 | 13,020 | 11,900 | 11,684 | 14,730 | 34,012 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||||||||
| Stock | -96,466 | 8,871 | -174,777 | 16,321 | -202,696 | -1,482,754 | 981,718 | 412,232 | 357,717 | -77,815 | -229,358 | -557,299 | 971,073 | 73,233 |
| Debtors | 262,625 | 38,323 | -79,874 | -758,561 | 842,421 | -23,888 | 11,569 | -7,281 | -67,714 | 85,301 | -22,219 | -969 | -395,473 | 424,429 |
| Creditors | -13,228 | 1,585 | -18,518 | -2,567 | 27,961 | -49,356 | 39,599 | -417,476 | 148,071 | -41,721 | 180,727 | -710,957 | -130,618 | 988,071 |
| Accruals and Deferred Income | 183,943 | -7,736 | 38,291 | -54,467 | 11,380 | -27,430 | -152,768 | 246,554 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | -3,160 | -1,265 | -787 | -1,252 | -1,118 | 206 | 9,272 | 0 | -10,178 | -430 | 2,035 | -2,409 | 1,555 | 9,427 |
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -29,520 | 29,520 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | -520,001 | 520,001 | 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 | -18,750 | -24,583 | 43,333 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | -14,583 | 14,583 | 0 | -28,308 | -2,510 | 30,818 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | -14,583 | -3,803 | 18,386 | 0 | -3,874 | 3,874 | -142,167 | 142,167 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 387,611 | -211,704 | 127,655 | 89,400 | 19,051 | -32,033 | -84,261 | 40,892 | -429,289 | 510,045 | 18,693 | -112,306 | 70,079 | 42,295 |
| overdraft | -10,000 | 3,333 | -200,833 | 207,500 | 0 | -1,603,665 | 1,083,665 | 520,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 397,611 | -215,037 | 328,488 | -118,100 | 19,051 | 1,571,632 | -1,167,926 | -479,108 | -429,289 | 510,045 | 18,693 | -112,306 | 70,079 | 42,295 |
longclose ltd Credit Report and Business Information
Longclose Ltd Competitor Analysis
Perform a competitor analysis for longclose ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in EX31 area or any other competitors across 12 key performance metrics.
longclose ltd Ownership
LONGCLOSE LTD group structure
Longclose Ltd has 1 subsidiary company.
Ultimate parent company
LONGCLOSE LTD
04568343
1 subsidiary
longclose ltd directors
Longclose Ltd currently has 1 director, Mr Timothy James Maskell serving since Oct 2002.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Timothy James Maskell | United Kingdom | 56 years | Oct 2002 | - | Director |
P&L
January 2023turnover
405.3k
-15%
operating profit
493.1k
0%
gross margin
25.4%
+8.67%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2023net assets
511.2k
+3.82%
total assets
752.4k
+2.37%
cash
436.1k
+7.99%
net assets
Total assets minus all liabilities
longclose ltd company details
company number
04568343
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
October 2002
age
22
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
January 2023
address
47 boutport street, barnstaple, devon, EX31 1SQ
accountant
-
auditor
-
longclose 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 17 charges/mortgages relating to longclose ltd. Currently there are 0 open charges and 17 have been satisfied in the past.
longclose ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
