lex vehicle finance 2 limited
lex vehicle finance 2 limited Company Information
Company Number
04753662
Next Accounts
Apr 2025
Shareholders
acl autolease holdings ltd
Group Structure
View All
Industry
Renting and leasing of cars and light motor vehicles
Registered Address
1 more london place, london, SE1 2AF
Website
-lex vehicle finance 2 limited Estimated Valuation
Pomanda estimates the enterprise value of LEX VEHICLE FINANCE 2 LIMITED at £0 based on a Turnover of £0 and 0.62x industry multiple (adjusted for size and gross margin).
lex vehicle finance 2 limited Estimated Valuation
Pomanda estimates the enterprise value of LEX VEHICLE FINANCE 2 LIMITED at £11.4k based on an EBITDA of £4k and a 2.85x industry multiple (adjusted for size and gross margin).
lex vehicle finance 2 limited Estimated Valuation
Pomanda estimates the enterprise value of LEX VEHICLE FINANCE 2 LIMITED at £20.2m based on Net Assets of £9m and 2.24x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Lex Vehicle Finance 2 Limited Overview
Lex Vehicle Finance 2 Limited is a dissolved company that was located in london, SE1 2AF with a Companies House number of 04753662. It operated in the renting and leasing of cars and light motor vehicles sector, SIC Code 77110. Founded in May 2003, it's largest shareholder was acl autolease holdings ltd with a 100% stake. The last turnover for Lex Vehicle Finance 2 Limited was estimated at £0.
Upgrade for unlimited company reports & a free credit check
Lex Vehicle Finance 2 Limited Health Check
Pomanda's financial health check has awarded Lex Vehicle Finance 2 Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 2 areas for improvement. Company Health Check FAQs
1 Strong
0 Regular
2 Weak
Size
There is insufficient data available for this Key Performance Indicator!
- - Lex Vehicle Finance 2 Limited
- - Industry AVG
Growth
3 year (CAGR) sales growth of -100%, show it is growing at a slower rate (9.2%)
- - Lex Vehicle Finance 2 Limited
- - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
- - Lex Vehicle Finance 2 Limited
- - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- - Lex Vehicle Finance 2 Limited
- - Industry AVG
Employees
with 1 employees, this is below the industry average (58)
- Lex Vehicle Finance 2 Limited
- - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Lex Vehicle Finance 2 Limited
- - Industry AVG
Efficiency
There is insufficient data available for this Key Performance Indicator!
- Lex Vehicle Finance 2 Limited
- - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Lex Vehicle Finance 2 Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Lex Vehicle Finance 2 Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Lex Vehicle Finance 2 Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Lex Vehicle Finance 2 Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 0%, this is a lower level of debt than the average (79.8%)
- - Lex Vehicle Finance 2 Limited
- - Industry AVG
LEX VEHICLE FINANCE 2 LIMITED financials
Lex Vehicle Finance 2 Limited's latest turnover from December 2016 is 0 and the company has net assets of £9 million. According to their latest financial statements, we estimate that Lex Vehicle Finance 2 Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 16,000 | 363,000 | 909,000 | 1,702,000 | 4,075,000 | 6,000,000 | 6,122,000 | |
| Other Income Or Grants | ||||||||
| Cost Of Sales | 347,000 | 1,088,000 | 3,241,000 | |||||
| Gross Profit | 3,728,000 | 4,912,000 | 2,881,000 | |||||
| Admin Expenses | 1,275,000 | |||||||
| Operating Profit | 4,000 | 114,000 | 677,000 | 1,528,000 | 2,364,000 | 3,728,000 | 4,912,000 | 1,606,000 |
| Interest Payable | 90,000 | 175,000 | 186,000 | 298,000 | 755,000 | 1,231,000 | 1,675,000 | |
| Interest Receivable | ||||||||
| Pre-Tax Profit | 4,000 | 24,000 | 502,000 | 1,342,000 | 2,066,000 | 2,973,000 | 3,681,000 | -69,000 |
| Tax | -1,000 | -5,000 | -108,000 | -312,000 | -506,000 | -798,000 | -248,000 | 19,000 |
| Profit After Tax | 3,000 | 19,000 | 394,000 | 1,030,000 | 1,560,000 | 2,175,000 | 3,433,000 | -50,000 |
| Dividends Paid | ||||||||
| Retained Profit | 3,000 | 19,000 | 394,000 | 1,030,000 | 1,560,000 | 2,175,000 | 3,433,000 | -50,000 |
| Employee Costs | ||||||||
| Number Of Employees | ||||||||
| EBITDA* | 4,000 | 114,000 | 677,000 | 1,528,000 | 2,364,000 | 3,728,000 | 4,912,000 | 1,606,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,807,000 | 5,062,000 | 15,717,000 | 19,472,000 | ||||
| Intangible Assets | ||||||||
| Investments & Other | ||||||||
| Debtors (Due After 1 year) | ||||||||
| Total Fixed Assets | 1,807,000 | 5,062,000 | 15,717,000 | 19,472,000 | ||||
| Stock & work in progress | ||||||||
| Trade Debtors | 2,296,000 | |||||||
| Group Debtors | 9,028,000 | 9,129,000 | 8,711,000 | 6,361,000 | 4,680,000 | |||
| Misc Debtors | 55,000 | 271,000 | ||||||
| Cash | ||||||||
| misc current assets | 14,000 | 689,000 | 3,211,000 | 3,886,000 | 12,250,000 | 16,005,000 | 17,153,000 | |
| total current assets | 9,028,000 | 9,143,000 | 9,400,000 | 9,572,000 | 8,566,000 | 12,305,000 | 16,276,000 | 19,449,000 |
| total assets | 9,028,000 | 9,143,000 | 9,400,000 | 9,572,000 | 10,373,000 | 17,367,000 | 31,993,000 | 38,921,000 |
| Bank overdraft | ||||||||
| Bank loan | ||||||||
| Trade Creditors | 1,200,000 | 401,000 | ||||||
| Group/Directors Accounts | ||||||||
| other short term finances | ||||||||
| hp & lease commitments | ||||||||
| other current liabilities | 1,000 | 119,000 | 395,000 | 961,000 | 2,792,000 | 11,346,000 | 26,947,000 | 38,107,000 |
| total current liabilities | 1,000 | 119,000 | 395,000 | 961,000 | 2,792,000 | 11,346,000 | 28,147,000 | 38,508,000 |
| loans | ||||||||
| hp & lease commitments | ||||||||
| Accruals and Deferred Income | ||||||||
| other liabilities | ||||||||
| provisions | ||||||||
| total long term liabilities | ||||||||
| total liabilities | 1,000 | 119,000 | 395,000 | 961,000 | 2,792,000 | 11,346,000 | 28,147,000 | 38,508,000 |
| net assets | 9,027,000 | 9,024,000 | 9,005,000 | 8,611,000 | 7,581,000 | 6,021,000 | 3,846,000 | 413,000 |
| total shareholders funds | 9,027,000 | 9,024,000 | 9,005,000 | 8,611,000 | 7,581,000 | 6,021,000 | 3,846,000 | 413,000 |
| Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | 4,000 | 114,000 | 677,000 | 1,528,000 | 2,364,000 | 3,728,000 | 4,912,000 | 1,606,000 |
| Depreciation | ||||||||
| Amortisation | ||||||||
| Tax | -1,000 | -5,000 | -108,000 | -312,000 | -506,000 | -798,000 | -248,000 | 19,000 |
| Stock | ||||||||
| Debtors | -101,000 | 418,000 | 2,350,000 | 1,681,000 | 4,625,000 | -216,000 | -2,025,000 | 2,296,000 |
| Creditors | -1,200,000 | 799,000 | 401,000 | |||||
| Accruals and Deferred Income | -118,000 | -276,000 | -566,000 | -1,831,000 | -8,554,000 | -15,601,000 | -11,160,000 | 38,107,000 |
| Deferred Taxes & Provisions | ||||||||
| Cash flow from operations | -14,000 | -585,000 | -2,347,000 | -2,296,000 | -11,321,000 | -13,655,000 | -3,672,000 | 37,837,000 |
| 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 | ||||||||
| share issue | ||||||||
| interest | -90,000 | -175,000 | -186,000 | -298,000 | -755,000 | -1,231,000 | -1,675,000 | |
| cash flow from financing | -90,000 | -175,000 | -186,000 | -298,000 | -755,000 | -1,231,000 | -1,212,000 | |
| cash and cash equivalents | ||||||||
| cash | ||||||||
| overdraft | ||||||||
| change in cash |
lex vehicle finance 2 limited Credit Report and Business Information
Lex Vehicle Finance 2 Limited Competitor Analysis
Perform a competitor analysis for lex vehicle finance 2 limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other undefined companies, companies in SE1 area or any other competitors across 12 key performance metrics.
lex vehicle finance 2 limited Ownership
LEX VEHICLE FINANCE 2 LIMITED group structure
Lex Vehicle Finance 2 Limited has no subsidiary companies.
Ultimate parent company
2 parents
LEX VEHICLE FINANCE 2 LIMITED
04753662
lex vehicle finance 2 limited directors
Lex Vehicle Finance 2 Limited currently has 2 directors. The longest serving directors include Mrs Carol Parkes (Jul 2009) and Mr Andrew Hartley (Dec 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Carol Parkes | 59 years | Jul 2009 | - | Director | |
| Mr Andrew Hartley | United Kingdom | 56 years | Dec 2014 | - | Director |
P&L
December 2016turnover
0
-100%
operating profit
4k
-96%
gross margin
0%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2016net assets
9m
0%
total assets
9m
-0.01%
cash
0
0%
net assets
Total assets minus all liabilities
lex vehicle finance 2 limited company details
company number
04753662
Type
Private limited with Share Capital
industry
77110 - Renting and leasing of cars and light motor vehicles
incorporation date
May 2003
age
22
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2016
previous names
N/A
accountant
-
auditor
-
address
1 more london place, london, SE1 2AF
Bank
-
Legal Advisor
-
lex vehicle finance 2 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 lex vehicle finance 2 limited.
lex vehicle finance 2 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 LEX VEHICLE FINANCE 2 LIMITED. This can take several minutes, an email will notify you when this has completed.
lex vehicle finance 2 limited Companies House Filings - See Documents
| date | description | view/download |
|---|
