laen limited

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laen limited Company Information

Share LAEN LIMITED

Company Number

04619588

Directors

Frank Neal

Susan Neal

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Shareholders

frank anthony neal

mark james neal

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Group Structure

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Industry

Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

 

Registered Address

c/o gaswise services limited, horsleys fields hardwick road, kings lynn, norfolk, PE30 5DD

laen limited Estimated Valuation

£1.3m

Pomanda estimates the enterprise value of LAEN LIMITED at £1.3m based on a Turnover of £390.5k and 3.33x industry multiple (adjusted for size and gross margin).

laen limited Estimated Valuation

£1.9m

Pomanda estimates the enterprise value of LAEN LIMITED at £1.9m based on an EBITDA of £284.4k and a 6.51x industry multiple (adjusted for size and gross margin).

laen limited Estimated Valuation

£25.4m

Pomanda estimates the enterprise value of LAEN LIMITED at £25.4m based on Net Assets of £14.5m and 1.75x industry multiple (adjusted for liquidity).

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Laen Limited Overview

Laen Limited is a live company located in kings lynn, PE30 5DD with a Companies House number of 04619588. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in December 2002, it's largest shareholder is frank anthony neal with a 23.8% stake. Laen Limited is a mature, micro sized company, Pomanda has estimated its turnover at £390.5k with declining growth in recent years.

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Laen Limited Health Check

Pomanda's financial health check has awarded Laen Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

3 Strong

positive_score

4 Regular

positive_score

3 Weak

size

Size

annual sales of £390.5k, make it smaller than the average company (£1m)

£390.5k - Laen Limited

£1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -78%, show it is growing at a slower rate (5.7%)

-78% - Laen Limited

5.7% - Industry AVG

production

Production

with a gross margin of 72.3%, this company has a comparable cost of product (72.3%)

72.3% - Laen Limited

72.3% - Industry AVG

profitability

Profitability

an operating margin of 72.8% make it more profitable than the average company (27.9%)

72.8% - Laen Limited

27.9% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (4)

2 - Laen Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £34.3k, the company has an equivalent pay structure (£34.3k)

£34.3k - Laen Limited

£34.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £195.2k, this is equally as efficient (£198.5k)

£195.2k - Laen Limited

£198.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 31 days, this is near the average (31 days)

31 days - Laen Limited

31 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Laen Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Laen Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 1340 weeks, this is more cash available to meet short term requirements (10 weeks)

1340 weeks - Laen Limited

10 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 1.3%, this is a lower level of debt than the average (69%)

1.3% - Laen Limited

69% - Industry AVG

LAEN LIMITED financials

EXPORTms excel logo

Laen Limited's latest turnover from September 2024 is estimated at £390.5 thousand and the company has net assets of £14.5 million. According to their latest financial statements, we estimate that Laen Limited has 2 employees and maintains cash reserves of £4.9 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Sep 2024Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Turnover390,452385,288264,07035,499,942133,493165,249114,26672,172149,69818,694,53413,075,8488,162,7941,754,969352,872248,897
Other Income Or Grants
Cost Of Sales108,006106,07275,22110,885,77138,49251,06731,41818,76139,8016,354,7434,840,9272,848,600600,973118,55381,264
Gross Profit282,446279,216188,84924,614,17195,001114,18382,84853,411109,89712,339,7908,234,9215,314,1941,153,996234,319167,633
Admin Expenses-1,968-693,895-643,99424,089,558-493,734-707,704-158,084-382,396-244,58511,991,9807,430,7384,772,077-409,374-2,177,955-357,567-7,253,746
Operating Profit284,414973,111832,843524,613588,735821,887240,932435,807354,482347,810804,183542,1171,563,3702,412,274525,2007,253,746
Interest Payable
Interest Receivable259,632289,92462,0562,0423,14820,17724,4498,8659,46820,16021,39723,29822,79515,86710,1594,605
Pre-Tax Profit544,0471,263,035894,899526,656591,883842,064265,380444,673363,950367,970825,580565,4161,586,1662,428,141535,3607,258,351
Tax-136,012-315,759-170,031-100,065-112,458-159,992-50,422-84,488-72,790-73,594-173,372-130,046-380,680-631,317-149,901-2,032,338
Profit After Tax408,035947,276724,868426,591479,425682,072214,958360,185291,160294,376652,208435,3701,205,4861,796,824385,4595,226,013
Dividends Paid
Retained Profit408,035947,276724,868426,591479,425682,072214,958360,185291,160294,376652,208435,3701,205,4861,796,824385,4595,226,013
Employee Costs68,51095,76161,2877,213,75027,76257,23827,38025,99353,2002,974,1562,010,2531,209,141292,93071,81249,018
Number Of Employees2322541211211279501232
EBITDA*284,414973,111832,843524,613588,735821,887240,932435,807354,482347,810804,183542,1171,563,3702,412,274525,2007,253,746

* Earnings Before Interest, Tax, Depreciation and Amortisation

Sep 2024Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Tangible Assets9,302,7368,191,7806,942,1937,451,6296,497,2036,197,2035,981,2865,972,5425,724,9024,338,1054,262,1573,985,2573,693,3853,620,9073,496,1403,452,266
Intangible Assets
Investments & Other524,140524,140524,140524,140524,1403,5003,5003,5003,5003,0503,0503,0002,0002,000
Debtors (Due After 1 year)
Total Fixed Assets9,826,8768,715,9207,466,3337,451,6297,021,3436,721,3435,984,7865,976,0425,728,4024,341,6054,265,2073,988,3073,696,3853,622,9073,496,1403,454,266
Stock & work in progress
Trade Debtors34,15235,00725,4285,100,80612,38813,9009,7625,80211,4282,007,4111,445,120930,601177,5148,91817,67531,073
Group Debtors300,0001,005,0072,696,5941,873,5701,403,588882,869
Misc Debtors3,1146,1403,8984,0136,5764,8214,8434,7215,367
Cash4,856,6665,528,6225,516,0904,084,5992,210,6083,169,9393,349,6613,742,6603,831,6104,232,5724,326,2324,993,1174,125,0442,221,7401,841,959
misc current assets
total current assets4,893,9325,569,7695,845,4165,104,8195,108,5704,925,9235,058,1144,763,7724,642,3245,839,0215,677,6925,256,8335,170,6314,133,9622,239,4151,873,032
total assets14,720,80814,285,68913,311,74912,556,44812,129,91311,647,26611,042,90010,739,81410,370,72610,180,6269,942,8999,245,1408,867,0167,756,8695,735,5555,327,298
Bank overdraft
Bank loan
Trade Creditors 106,321182,890239,539193,988251,234346,573122,08399,285
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities188,402161,318134,654104,277101,055178,76190,73381,830
total current liabilities188,402161,318134,654106,321104,277101,055178,76190,73381,830182,890239,539193,988251,234346,573122,08399,285
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities188,402161,318134,654106,321104,277101,055178,76190,73381,830182,890239,539193,988251,234346,573122,08399,285
net assets14,532,40614,124,37113,177,09512,450,12712,025,63611,546,21110,864,13910,649,08110,288,8969,997,7369,703,3609,051,1528,615,7827,410,2965,613,4725,228,013
total shareholders funds14,532,40614,124,37113,177,09512,450,12712,025,63611,546,21110,864,13910,649,08110,288,8969,997,7369,703,3609,051,1528,615,7827,410,2965,613,4725,228,013
Sep 2024Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Operating Activities
Operating Profit284,414973,111832,843524,613588,735821,887240,932435,807354,482347,810804,183542,1171,563,3702,412,274525,2007,253,746
Depreciation
Amortisation
Tax-136,012-315,759-170,031-100,065-112,458-159,992-50,422-84,488-72,790-73,594-173,372-130,046-380,680-631,317-149,901-2,032,338
Stock
Debtors-3,881-288,179-4,775,4934,080,848-1,691,344827,140474,064514,447-1,107,747562,291514,519753,087168,596-8,757-13,39831,073
Creditors-106,321106,321-182,890-56,64945,551-57,246-95,339224,49022,79899,285
Accruals and Deferred Income27,08426,664134,654-104,2773,222-77,70688,0288,90381,830
Deferred Taxes & Provisions
Cash flow from operations179,367972,1955,466,638-3,654,2562,170,843-242,951-195,526-154,2251,288,379-344,724161,843-398,262918,7552,014,204411,4955,289,620
Investing Activities
capital expenditure-1,110,956-1,249,587509,436-954,426-300,000-215,917-8,744-247,640-1,386,797-75,948-276,900-291,872-72,478-124,767-43,874-3,452,266
Change in Investments524,140-524,140520,640450501,0002,000-2,0002,000
cash flow from investments-1,110,956-1,249,587-14,704-430,286-300,000-736,557-8,744-247,640-1,386,797-76,398-276,900-291,922-73,478-126,767-41,874-3,454,266
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue2,100-2,1001002,000
interest259,632289,92462,0562,0423,14820,17724,4498,8659,46820,16021,39723,29822,79515,86710,1594,605
cash flow from financing259,632289,92464,156-583,14820,17724,5498,8659,46820,16021,39723,29822,79515,86710,1596,605
cash and cash equivalents
cash-671,95612,5325,516,090-4,084,5991,873,991-959,331-179,722-392,999-88,950-400,962-93,660-666,885868,0731,903,304379,7811,841,959
overdraft
change in cash-671,95612,5325,516,090-4,084,5991,873,991-959,331-179,722-392,999-88,950-400,962-93,660-666,885868,0731,903,304379,7811,841,959

laen 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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Laen Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for laen limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in PE30 area or any other competitors across 12 key performance metrics.

laen limited Ownership

LAEN LIMITED group structure

Laen Limited has 1 subsidiary company.

Ultimate parent company

LAEN LIMITED

04619588

1 subsidiary

LAEN LIMITED Shareholders

frank anthony neal 23.81%
mark james neal 23.81%
paul anthony neal 23.81%
susan barbara neal 23.81%
angela jayne neal 2.38%
jodie marie neal 2.38%

laen limited directors

Laen Limited currently has 4 directors. The longest serving directors include Mr Frank Neal (Dec 2002) and Mrs Susan Neal (Dec 2002).

officercountryagestartendrole
Mr Frank Neal75 years Dec 2002- Director
Mrs Susan NealEngland74 years Dec 2002- Director
Mr Paul Neal55 years Apr 2003- Director
Mr Mark Neal52 years Apr 2003- Director

P&L

September 2024

turnover

390.5k

+1%

operating profit

284.4k

0%

gross margin

72.4%

-0.18%

turnover

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

Balance Sheet

September 2024

net assets

14.5m

+0.03%

total assets

14.7m

+0.03%

cash

4.9m

-0.12%

net assets

Total assets minus all liabilities

laen limited company details

company number

04619588

Type

Private limited with Share Capital

industry

68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

incorporation date

December 2002

age

23

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

September 2024

previous names

N/A

accountant

ROBERT POLA

auditor

-

address

c/o gaswise services limited, horsleys fields hardwick road, kings lynn, norfolk, PE30 5DD

Bank

LLOYDS TSB BANK PLC

Legal Advisor

-

laen 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 laen limited.

laen 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.

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laen limited Companies House Filings - See Documents

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