lrtt limited
lrtt limited Company Information
Company Number
04633192
Next Accounts
Sep 2025
Shareholders
resource international group investments ag
Group Structure
View All
Industry
Other education n.e.c.
Registered Address
eden house, hartlebury trading estate, kidderminster, worcestershire, DY10 4JB
Website
lrtt.orglrtt limited Estimated Valuation
Pomanda estimates the enterprise value of LRTT LIMITED at £7.1m based on a Turnover of £8.4m and 0.84x industry multiple (adjusted for size and gross margin).
lrtt limited Estimated Valuation
Pomanda estimates the enterprise value of LRTT LIMITED at £2.9m based on an EBITDA of £635.3k and a 4.51x industry multiple (adjusted for size and gross margin).
lrtt limited Estimated Valuation
Pomanda estimates the enterprise value of LRTT LIMITED at £6.6m based on Net Assets of £3m and 2.22x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Lrtt Limited Overview
Lrtt Limited is a live company located in kidderminster, DY10 4JB with a Companies House number of 04633192. It operates in the other education n.e.c. sector, SIC Code 85590. Founded in January 2003, it's largest shareholder is resource international group investments ag with a 100% stake. Lrtt Limited is a mature, mid sized company, Pomanda has estimated its turnover at £8.4m with low growth in recent years.
Upgrade for unlimited company reports & a free credit check
Lrtt Limited Health Check
Pomanda's financial health check has awarded Lrtt Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
6 Weak
Size
annual sales of £8.4m, make it larger than the average company (£500.1k)
£8.4m - Lrtt Limited
£500.1k - Industry AVG
Growth
3 year (CAGR) sales growth of 3%, show it is growing at a slower rate (6.4%)
3% - Lrtt Limited
6.4% - Industry AVG
Production
with a gross margin of 49.8%, this company has a comparable cost of product (57%)
49.8% - Lrtt Limited
57% - Industry AVG
Profitability
an operating margin of 2.7% make it less profitable than the average company (4.7%)
2.7% - Lrtt Limited
4.7% - Industry AVG
Employees
with 81 employees, this is above the industry average (12)
81 - Lrtt Limited
12 - Industry AVG
Pay Structure
on an average salary of £50.9k, the company has a higher pay structure (£29.5k)
£50.9k - Lrtt Limited
£29.5k - Industry AVG
Efficiency
resulting in sales per employee of £103.8k, this is more efficient (£53.8k)
£103.8k - Lrtt Limited
£53.8k - Industry AVG
Debtor Days
it gets paid by customers after 105 days, this is later than average (18 days)
105 days - Lrtt Limited
18 days - Industry AVG
Creditor Days
its suppliers are paid after 73 days, this is slower than average (24 days)
73 days - Lrtt Limited
24 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Lrtt Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 10 weeks, this is less cash available to meet short term requirements (111 weeks)
10 weeks - Lrtt Limited
111 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 54.8%, this is a higher level of debt than the average (24.6%)
54.8% - Lrtt Limited
24.6% - Industry AVG
LRTT LIMITED financials
Lrtt Limited's latest turnover from December 2023 is £8.4 million and the company has net assets of £3 million. According to their latest financial statements, Lrtt Limited has 81 employees and maintains cash reserves of £676.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 8,408,997 | 6,416,045 | 5,183,493 | 7,600,418 | 8,593,654 | 9,153,450 | 7,686,929 | 6,390,206 | 5,295,361 | ||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 4,219,348 | 2,927,929 | 2,157,634 | 3,110,085 | 3,560,309 | 4,494,401 | 4,383,700 | 3,512,196 | 2,907,273 | ||||||
| Gross Profit | 4,189,649 | 3,488,116 | 3,025,859 | 4,490,333 | 5,033,345 | 4,659,049 | 3,303,229 | 2,878,010 | 2,388,088 | ||||||
| Admin Expenses | 3,961,788 | 3,443,760 | 3,252,281 | 3,334,742 | 3,560,395 | 3,063,754 | 2,639,371 | 1,419,991 | 1,677,153 | ||||||
| Operating Profit | 227,861 | 44,356 | -226,422 | 1,155,591 | 1,472,950 | 1,595,295 | 663,858 | 1,458,019 | 710,935 | ||||||
| Interest Payable | 15,266 | 50 | 3,822 | 23 | |||||||||||
| Interest Receivable | 1,675 | 28,796 | 84,906 | 36,683 | 31,500 | ||||||||||
| Pre-Tax Profit | 214,270 | 73,152 | -141,516 | 1,192,274 | 1,504,450 | 1,595,245 | 660,036 | 1,457,996 | 710,935 | ||||||
| Tax | -182,032 | 255,646 | 92,735 | -108,284 | -10,100 | -366,712 | -61,748 | -44,772 | -116,485 | ||||||
| Profit After Tax | 32,238 | 328,798 | -48,781 | 1,083,990 | 1,494,350 | 1,228,533 | 598,288 | 1,413,224 | 594,450 | ||||||
| Dividends Paid | 750,000 | 700,000 | 1,000,000 | 500,000 | |||||||||||
| Retained Profit | 32,238 | 328,798 | -798,781 | 383,990 | 1,494,350 | 228,533 | 598,288 | 1,413,224 | 94,450 | ||||||
| Employee Costs | 4,119,684 | 2,867,693 | 2,886,963 | 3,313,768 | 3,156,869 | 4,511,230 | 4,024,583 | ||||||||
| Number Of Employees | 81 | 70 | 61 | 61 | 62 | 52 | 45 | 45 | 41 | ||||||
| EBITDA* | 635,306 | 291,425 | 25,835 | 1,418,599 | 1,682,718 | 1,815,210 | 857,490 | 1,658,768 | 867,374 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 461,772 | 423,522 | 453,333 | 559,198 | 606,231 | 590,252 | 681,049 | 711,170 | 893,203 | 612,067 | 339,675 | 281,029 | 228,459 | 236,993 | 102,405 |
| Intangible Assets | 2,153,395 | 2,429,284 | 1,260,388 | 577,126 | 691,784 | 101,447 | 88,976 | 8,200 | 22,403 | 77,270 | 15,500 | ||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 2,615,167 | 2,852,806 | 1,713,721 | 1,136,324 | 1,298,015 | 691,699 | 770,025 | 719,370 | 893,203 | 634,470 | 416,945 | 296,529 | 228,459 | 236,993 | 102,405 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 2,433,752 | 1,831,834 | 1,410,705 | 2,083,548 | 2,203,206 | 2,854,012 | 1,142,555 | 1,949,925 | 1,679,514 | 2,410,945 | 1,571,694 | 756,240 | 349,076 | 187,064 | 473,333 |
| Group Debtors | 390,000 | 2,003,618 | 1,416,722 | 2,996,767 | 1,849,187 | 442,918 | 789,344 | 1,729,051 | 180,494 | ||||||
| Misc Debtors | 486,628 | 811,802 | 688,939 | 193,231 | 445,300 | 137,977 | 224,652 | 84,514 | 82,005 | ||||||
| Cash | 676,359 | 633,622 | 583,130 | 633,585 | 122,371 | 436,285 | 836,837 | 777,565 | 713,126 | 1,377,770 | 82,880 | 3,510 | 142,027 | 76,038 | 67,985 |
| misc current assets | |||||||||||||||
| total current assets | 3,986,739 | 5,280,876 | 4,099,496 | 5,907,131 | 4,620,064 | 3,871,192 | 2,993,388 | 2,727,490 | 4,206,205 | 4,051,214 | 1,654,574 | 759,750 | 491,103 | 263,102 | 541,318 |
| total assets | 6,601,906 | 8,133,682 | 5,813,217 | 7,043,455 | 5,918,079 | 4,562,891 | 3,763,413 | 3,446,860 | 5,099,408 | 4,685,684 | 2,071,519 | 1,056,279 | 719,562 | 500,095 | 643,723 |
| Bank overdraft | 75 | 19,182 | |||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 851,188 | 843,150 | 651,048 | 503,232 | 854,049 | 591,251 | 1,040,894 | 2,080,600 | 64,816 | 91,731 | 1,495,134 | 761,289 | 635,179 | 319,477 | 445,270 |
| Group/Directors Accounts | 1,329,566 | 2,736,682 | 470,531 | 658,754 | 635,285 | 196,486 | 350,000 | 697,944 | |||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 1,260,159 | 1,506,842 | 1,949,349 | 2,331,276 | 1,252,007 | 2,132,050 | 1,030,532 | 1,453,783 | 1,572,990 | ||||||
| total current liabilities | 3,440,913 | 5,086,674 | 3,071,003 | 3,493,262 | 2,741,341 | 2,919,787 | 2,071,426 | 2,080,600 | 1,868,599 | 2,381,847 | 1,495,134 | 761,289 | 635,179 | 319,477 | 445,270 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | 8,466 | 12,767 | 17,069 | 21,371 | 32,316 | 56,094 | 103,650 | 114,204 | |||||||
| other liabilities | 232,455 | 486,274 | 986,981 | 1,635,379 | |||||||||||
| provisions | 166,428 | 80,380 | 100,082 | 104,978 | 104,568 | 41,506 | 62,689 | 57,653 | 79,154 | 31,212 | 33,589 | 16,111 | 2,195 | 3,748 | |
| total long term liabilities | 174,894 | 93,147 | 117,151 | 126,349 | 136,884 | 97,600 | 295,144 | 647,577 | 1,180,339 | 1,666,591 | 33,589 | 16,111 | 2,195 | 3,748 | |
| total liabilities | 3,615,807 | 5,179,821 | 3,188,154 | 3,619,611 | 2,878,225 | 3,017,387 | 2,366,570 | 2,728,177 | 3,048,938 | 4,048,438 | 1,528,723 | 777,400 | 635,179 | 321,672 | 449,018 |
| net assets | 2,986,099 | 2,953,861 | 2,625,063 | 3,423,844 | 3,039,854 | 1,545,504 | 1,396,843 | 718,683 | 2,050,470 | 637,246 | 542,796 | 278,879 | 84,383 | 178,423 | 194,705 |
| total shareholders funds | 2,986,099 | 2,953,861 | 2,625,063 | 3,423,844 | 3,039,854 | 1,545,504 | 1,396,843 | 718,683 | 2,050,470 | 637,246 | 542,796 | 278,879 | 84,383 | 178,423 | 194,705 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 227,861 | 44,356 | -226,422 | 1,155,591 | 1,472,950 | 1,595,295 | 663,858 | 1,458,019 | 710,935 | ||||||
| Depreciation | 131,556 | 157,125 | 159,249 | 148,350 | 185,527 | 201,792 | 191,992 | 248,355 | 178,346 | 101,572 | 76,245 | 59,549 | 75,903 | 49,936 | 32,276 |
| Amortisation | 275,889 | 89,944 | 93,008 | 114,658 | 24,241 | 18,123 | 1,640 | 22,403 | 54,867 | 32,463 | |||||
| Tax | -182,032 | 255,646 | 92,735 | -108,284 | -10,100 | -366,712 | -61,748 | -44,772 | -116,485 | ||||||
| Stock | |||||||||||||||
| Debtors | -1,336,874 | 1,130,888 | -1,757,180 | 775,853 | 1,062,786 | 1,278,356 | 206,626 | -1,543,154 | 819,635 | 1,101,750 | 815,454 | 407,164 | 162,012 | -286,269 | 473,333 |
| Creditors | 8,038 | 192,102 | 147,816 | -350,817 | 262,798 | -449,643 | -1,039,706 | 2,015,784 | -26,915 | -1,403,403 | 733,845 | 126,110 | 315,702 | -125,793 | 445,270 |
| Accruals and Deferred Income | -250,984 | -446,809 | -386,229 | 1,068,324 | -903,821 | 1,157,612 | 926,882 | -1,464,337 | -5,003 | 1,572,990 | |||||
| Deferred Taxes & Provisions | 86,048 | -19,702 | -4,896 | 410 | 63,062 | -21,183 | 5,036 | -21,501 | 47,942 | -2,377 | 17,478 | 16,111 | -2,195 | -1,553 | 3,748 |
| Cash flow from operations | 1,633,250 | -858,226 | 1,632,441 | 1,252,379 | 31,871 | 856,928 | 481,328 | 810,385 | -183,651 | ||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -1,407,116 | 2,266,151 | -188,223 | 23,469 | 438,799 | 196,486 | -350,000 | -347,944 | 697,944 | ||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -232,455 | -253,819 | -500,707 | -648,398 | 1,635,379 | ||||||||||
| share issue | |||||||||||||||
| interest | -13,591 | 28,796 | 84,906 | 36,683 | 31,500 | -50 | -3,822 | -23 | |||||||
| cash flow from financing | -1,420,707 | 2,294,947 | -103,317 | 60,152 | 470,299 | -115,891 | -177,769 | -996,365 | 2,333,323 | ||||||
| cash and cash equivalents | |||||||||||||||
| cash | 42,737 | 50,492 | -50,455 | 511,214 | -313,914 | -400,552 | 59,272 | 64,439 | -664,644 | 1,294,890 | 79,370 | -138,517 | 65,989 | 8,053 | 67,985 |
| overdraft | -75 | 75 | -19,182 | 19,182 | |||||||||||
| change in cash | 42,737 | 50,567 | -50,530 | 511,214 | -313,914 | -400,552 | 59,272 | 64,439 | -645,462 | 1,275,708 | 79,370 | -138,517 | 65,989 | 8,053 | 67,985 |
lrtt limited Credit Report and Business Information
Lrtt Limited Competitor Analysis
Perform a competitor analysis for lrtt limited by selecting its closest rivals, whether from the EDUCATION sector, other mid companies, companies in DY10 area or any other competitors across 12 key performance metrics.
lrtt limited Ownership
LRTT LIMITED group structure
Lrtt Limited has no subsidiary companies.
Ultimate parent company
RESOURCE INTERNATIONAL GROUP INVESTMENTS
#0102513
1 parent
LRTT LIMITED
04633192
lrtt limited directors
Lrtt Limited currently has 3 directors. The longest serving directors include Mr Ian Fitzpatrick (Feb 2012) and Mr Stephan Bruinsma (Dec 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ian Fitzpatrick | United Kingdom | 61 years | Feb 2012 | - | Director |
| Mr Stephan Bruinsma | United Kingdom | 49 years | Dec 2017 | - | Director |
| Mr Jonathan Price | United Kingdom | 43 years | Dec 2017 | - | Director |
P&L
December 2023turnover
8.4m
+31%
operating profit
227.9k
+414%
gross margin
49.9%
-8.35%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
3m
+0.01%
total assets
6.6m
-0.19%
cash
676.4k
+0.07%
net assets
Total assets minus all liabilities
lrtt limited company details
company number
04633192
Type
Private limited with Share Capital
industry
85590 - Other education n.e.c.
incorporation date
January 2003
age
22
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
lufthansa resource technical training limited (January 2012)
aviation training limited (February 2003)
accountant
-
auditor
AFFORD BOND HOLDINGS LIMITED
address
eden house, hartlebury trading estate, kidderminster, worcestershire, DY10 4JB
Bank
CITIBANK N.A.
Legal Advisor
-
lrtt 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 3 charges/mortgages relating to lrtt limited. Currently there are 0 open charges and 3 have been satisfied in the past.
lrtt 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 LRTT LIMITED. This can take several minutes, an email will notify you when this has completed.
lrtt limited Companies House Filings - See Documents
| date | description | view/download |
|---|
