lakeland minerals limited
lakeland minerals limited Company Information
Company Number
04753755
Next Accounts
Dec 2025
Shareholders
w & m thompson (quarries) limited
Group Structure
View All
Industry
Operation of gravel and sand pits; mining of clays and kaolin
Registered Address
princess way low prudhoe, northumberland, NE42 6PL
Website
http://cumbriawaste.co.uklakeland minerals limited Estimated Valuation
Pomanda estimates the enterprise value of LAKELAND MINERALS LIMITED at £247.6k based on a Turnover of £356.4k and 0.69x industry multiple (adjusted for size and gross margin).
lakeland minerals limited Estimated Valuation
Pomanda estimates the enterprise value of LAKELAND MINERALS LIMITED at £0 based on an EBITDA of £-472k and a 3.38x industry multiple (adjusted for size and gross margin).
lakeland minerals limited Estimated Valuation
Pomanda estimates the enterprise value of LAKELAND MINERALS LIMITED at £565.2k based on Net Assets of £410.5k and 1.38x industry multiple (adjusted for liquidity).
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Lakeland Minerals Limited Overview
Lakeland Minerals Limited is a live company located in northumberland, NE42 6PL with a Companies House number of 04753755. It operates in the operation of gravel and sand pits sector, SIC Code 08120. Founded in May 2003, it's largest shareholder is w & m thompson (quarries) limited with a 100% stake. Lakeland Minerals Limited is a mature, micro sized company, Pomanda has estimated its turnover at £356.4k with declining growth in recent years.
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Lakeland Minerals Limited Health Check
Pomanda's financial health check has awarded Lakeland Minerals Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
7 Weak
Size
annual sales of £356.4k, make it smaller than the average company (£15.3m)
- Lakeland Minerals Limited
£15.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -10%, show it is growing at a slower rate (8.8%)
- Lakeland Minerals Limited
8.8% - Industry AVG
Production
with a gross margin of 26.1%, this company has a comparable cost of product (26.1%)
- Lakeland Minerals Limited
26.1% - Industry AVG
Profitability
an operating margin of -144.7% make it less profitable than the average company (6.6%)
- Lakeland Minerals Limited
6.6% - Industry AVG
Employees
with 1 employees, this is below the industry average (54)
1 - Lakeland Minerals Limited
54 - Industry AVG
Pay Structure
on an average salary of £44.7k, the company has an equivalent pay structure (£44.7k)
- Lakeland Minerals Limited
£44.7k - Industry AVG
Efficiency
resulting in sales per employee of £356.4k, this is more efficient (£272.9k)
- Lakeland Minerals Limited
£272.9k - Industry AVG
Debtor Days
it gets paid by customers after 84 days, this is later than average (52 days)
- Lakeland Minerals Limited
52 days - Industry AVG
Creditor Days
its suppliers are paid after 8 days, this is quicker than average (42 days)
- Lakeland Minerals Limited
42 days - Industry AVG
Stock Days
it holds stock equivalent to 44 days, this is more than average (19 days)
- Lakeland Minerals Limited
19 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 75 weeks, this is more cash available to meet short term requirements (14 weeks)
75 weeks - Lakeland Minerals Limited
14 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 (46.9%)
32.1% - Lakeland Minerals Limited
46.9% - Industry AVG
LAKELAND MINERALS LIMITED financials
Lakeland Minerals Limited's latest turnover from March 2024 is estimated at £356.4 thousand and the company has net assets of £410.5 thousand. According to their latest financial statements, Lakeland Minerals Limited has 1 employee and maintains cash reserves of £100 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | 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 | 494,000 | 481,000 | 490,000 | 619,000 | 759,000 | 829,000 | 675,000 | 597,000 | |||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 328,000 | 289,000 | 320,000 | 410,000 | 459,000 | 512,000 | 443,000 | 364,000 | |||||||
| Gross Profit | 166,000 | 192,000 | 170,000 | 209,000 | 300,000 | 317,000 | 232,000 | 233,000 | |||||||
| Admin Expenses | 178,000 | 118,000 | 83,000 | 104,000 | 115,000 | 129,000 | 37,000 | 67,000 | |||||||
| Operating Profit | -12,000 | 74,000 | 87,000 | 105,000 | 185,000 | 188,000 | 195,000 | 166,000 | |||||||
| Interest Payable | 1,000 | 2,000 | 2,000 | 2,000 | 2,000 | 1,000 | |||||||||
| Interest Receivable | 3,000 | 1,000 | |||||||||||||
| Pre-Tax Profit | -9,000 | 73,000 | 85,000 | 104,000 | 183,000 | 186,000 | 194,000 | 166,000 | |||||||
| Tax | -13,000 | -11,000 | -16,000 | -19,000 | -36,000 | -37,000 | -38,000 | -32,000 | |||||||
| Profit After Tax | -22,000 | 62,000 | 69,000 | 85,000 | 147,000 | 149,000 | 156,000 | 134,000 | |||||||
| Dividends Paid | 150,000 | 100,000 | |||||||||||||
| Retained Profit | -22,000 | 62,000 | 69,000 | 85,000 | 147,000 | -1,000 | 56,000 | 134,000 | |||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 1 | 4 | 4 | 4 | 4 | 4 | |||||||||
| EBITDA* | 26,000 | 124,000 | 138,000 | 192,000 | 277,000 | 280,000 | 263,000 | 166,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | 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 | 269,603 | 297,000 | 335,000 | 385,000 | 253,000 | 340,000 | 364,000 | 452,000 | 358,000 | 330,000 | 341,585 | 387,864 | 300,279 | 414,191 | 363,320 |
| Intangible Assets | 65,760 | 82,000 | 82,000 | 82,000 | 82,000 | 82,000 | 82,000 | 82,000 | 82,000 | 82,000 | 82,200 | 56,049 | 11,220 | -115,808 | -160,636 |
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | 458,059 | 158,982 | 136,085 | ||||||||||||
| Total Fixed Assets | 335,363 | 379,000 | 417,000 | 467,000 | 335,000 | 422,000 | 446,000 | 534,000 | 440,000 | 412,000 | 423,785 | 443,913 | 769,558 | 457,365 | 338,769 |
| Stock & work in progress | 31,836 | 56,000 | 39,000 | 21,000 | 19,000 | 27,000 | 19,000 | 21,000 | 21,000 | 20,000 | 24,566 | 24,710 | 5,986 | 5,986 | 5,986 |
| Trade Debtors | 82,676 | 40,000 | 71,000 | 94,000 | 80,000 | 94,000 | 102,000 | 103,000 | 146,000 | 133,000 | 282,889 | 194,891 | 207,750 | 745,525 | 503,000 |
| Group Debtors | 23,360 | 24,000 | 13,000 | 14,000 | 23,000 | 79,000 | 47,000 | ||||||||
| Misc Debtors | 30,836 | 86,000 | 73,000 | 67,000 | 71,000 | 65,000 | 54,000 | 53,000 | 37,000 | 28,018 | |||||
| Cash | 100,005 | 625,000 | 568,000 | 464,000 | 562,000 | 380,000 | 294,000 | 208,000 | 171,000 | 37,000 | 4,934 | 500 | 782 | 1,585 | 857 |
| misc current assets | |||||||||||||||
| total current assets | 268,713 | 831,000 | 764,000 | 660,000 | 755,000 | 645,000 | 516,000 | 385,000 | 375,000 | 190,000 | 312,389 | 248,119 | 214,518 | 753,096 | 509,843 |
| total assets | 604,076 | 1,210,000 | 1,181,000 | 1,127,000 | 1,090,000 | 1,067,000 | 962,000 | 919,000 | 815,000 | 602,000 | 736,174 | 692,032 | 984,076 | 1,210,461 | 848,612 |
| Bank overdraft | 91,018 | 91,018 | 98,858 | 111,780 | 50,642 | ||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 6,202 | 57,000 | 39,000 | 45,000 | 48,000 | 42,000 | 46,000 | 44,000 | 23,000 | 169,000 | 306,904 | 248,405 | 177,558 | 423,738 | 225,922 |
| Group/Directors Accounts | 4,509 | 82,000 | 43,000 | 43,000 | 43,000 | 55,000 | 69,000 | 28,000 | 116,000 | ||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | 11,000 | 23,000 | 3,333 | 20,000 | |||||||||||
| other current liabilities | 57,787 | 61,000 | 79,000 | 75,000 | 85,000 | 147,000 | 152,000 | 123,000 | 95,000 | ||||||
| total current liabilities | 68,498 | 200,000 | 161,000 | 174,000 | 199,000 | 244,000 | 267,000 | 195,000 | 234,000 | 169,000 | 397,922 | 339,423 | 276,416 | 538,851 | 296,564 |
| loans | 21,496 | 52,945 | 83,260 | 110,796 | |||||||||||
| hp & lease commitments | 11,000 | 34,000 | 57,000 | 80,000 | 5,000 | ||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 90,000 | ||||||||||||||
| provisions | 125,107 | 103,000 | 91,000 | 86,000 | 82,000 | 76,000 | 72,000 | 77,000 | 70,000 | 56,000 | 47,870 | 44,343 | 4,700 | ||
| total long term liabilities | 125,107 | 103,000 | 91,000 | 86,000 | 93,000 | 110,000 | 129,000 | 157,000 | 70,000 | 56,000 | 47,870 | 155,839 | 57,645 | 83,260 | 115,796 |
| total liabilities | 193,605 | 303,000 | 252,000 | 260,000 | 292,000 | 354,000 | 396,000 | 352,000 | 304,000 | 225,000 | 445,792 | 495,262 | 334,061 | 622,111 | 412,360 |
| net assets | 410,471 | 907,000 | 929,000 | 867,000 | 798,000 | 713,000 | 566,000 | 567,000 | 511,000 | 377,000 | 290,382 | 196,770 | 650,015 | 588,350 | 436,252 |
| total shareholders funds | 410,471 | 907,000 | 929,000 | 867,000 | 798,000 | 713,000 | 566,000 | 567,000 | 511,000 | 377,000 | 290,382 | 196,770 | 650,015 | 588,350 | 436,252 |
| Mar 2024 | 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 | -12,000 | 74,000 | 87,000 | 105,000 | 185,000 | 188,000 | 195,000 | 166,000 | |||||||
| Depreciation | 27,131 | 38,000 | 50,000 | 51,000 | 87,000 | 92,000 | 92,000 | 68,000 | 39,406,000 | 46,279 | 32,415 | 47,707 | 51,833 | 48,540 | |
| Amortisation | 16,440 | -26,151 | -44,829 | -44,828 | -44,828 | -44,828 | |||||||||
| Tax | -13,000 | -11,000 | -16,000 | -19,000 | -36,000 | -37,000 | -38,000 | -32,000 | |||||||
| Stock | -24,164 | 17,000 | 18,000 | 2,000 | -8,000 | 8,000 | -2,000 | 1,000 | -4,566 | -144 | 18,724 | 5,986 | |||
| Debtors | -13,128 | -7,000 | -18,000 | 1,000 | -64,000 | 35,000 | 47,000 | -27,000 | 50,000 | -149,889 | 59,980 | -442,900 | -238,698 | 265,422 | 639,085 |
| Creditors | -50,798 | 18,000 | -6,000 | -3,000 | 6,000 | -4,000 | 2,000 | 21,000 | -146,000 | -137,904 | 58,499 | 70,847 | -246,180 | 197,816 | 225,922 |
| Accruals and Deferred Income | -3,213 | -18,000 | 4,000 | -10,000 | -62,000 | -5,000 | 29,000 | 28,000 | 95,000 | ||||||
| Deferred Taxes & Provisions | 22,107 | 12,000 | 5,000 | 4,000 | 6,000 | 4,000 | -5,000 | 7,000 | 14,000 | 8,130 | 3,527 | 39,643 | 4,700 | ||
| Cash flow from operations | 15,000 | 116,000 | 110,000 | 195,000 | 193,000 | 224,000 | 308,000 | ||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -77,491 | 39,000 | -12,000 | -14,000 | 41,000 | -88,000 | 116,000 | ||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -21,496 | -31,449 | -30,315 | -27,536 | 110,796 | ||||||||||
| Hire Purchase and Lease Commitments | -11,000 | -23,000 | -23,000 | -23,000 | 80,000 | -3,333 | -21,667 | 25,000 | |||||||
| other long term liabilities | -90,000 | 90,000 | |||||||||||||
| share issue | |||||||||||||||
| interest | 3,000 | -1,000 | -2,000 | -1,000 | -2,000 | -2,000 | -1,000 | ||||||||
| cash flow from financing | 42,000 | -12,000 | -25,000 | -13,000 | -39,000 | 16,000 | -9,000 | 116,000 | |||||||
| cash and cash equivalents | |||||||||||||||
| cash | -524,995 | 57,000 | 104,000 | -98,000 | 182,000 | 86,000 | 86,000 | 37,000 | 134,000 | 32,066 | 4,434 | -282 | -803 | 728 | 857 |
| overdraft | -91,018 | -7,840 | -12,922 | 61,138 | 50,642 | ||||||||||
| change in cash | -524,995 | 57,000 | 104,000 | -98,000 | 182,000 | 86,000 | 86,000 | 37,000 | 134,000 | 123,084 | 4,434 | 7,558 | 12,119 | -60,410 | -49,785 |
lakeland minerals limited Credit Report and Business Information
Lakeland Minerals Limited Competitor Analysis
Perform a competitor analysis for lakeland minerals limited by selecting its closest rivals, whether from the MINING AND QUARRYING sector, other micro companies, companies in NE42 area or any other competitors across 12 key performance metrics.
lakeland minerals limited Ownership
LAKELAND MINERALS LIMITED group structure
Lakeland Minerals Limited has no subsidiary companies.
Ultimate parent company
2 parents
LAKELAND MINERALS LIMITED
04753755
lakeland minerals limited directors
Lakeland Minerals Limited currently has 3 directors. The longest serving directors include Mrs Helen Hillary (Sep 2023) and Mr Ryan Molloy (Sep 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Helen Hillary | United Kingdom | 56 years | Sep 2023 | - | Director |
| Mr Ryan Molloy | United Kingdom | 47 years | Sep 2023 | - | Director |
| Mr John Thompson | United Kingdom | 58 years | Sep 2023 | - | Director |
P&L
March 2024turnover
356.4k
-28%
operating profit
-515.6k
0%
gross margin
26.2%
-22.32%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
410.5k
-0.55%
total assets
604.1k
-0.5%
cash
100k
-0.84%
net assets
Total assets minus all liabilities
lakeland minerals limited company details
company number
04753755
Type
Private limited with Share Capital
industry
08120 - Operation of gravel and sand pits; mining of clays and kaolin
incorporation date
May 2003
age
22
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
March 2024
previous names
crossco (733) limited (November 2003)
accountant
-
auditor
UNW LLP
address
princess way low prudhoe, northumberland, NE42 6PL
Bank
-
Legal Advisor
-
lakeland minerals 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 1 charges/mortgages relating to lakeland minerals limited. Currently there are 0 open charges and 1 have been satisfied in the past.
lakeland minerals 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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lakeland minerals limited Companies House Filings - See Documents
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