lendlock group limited
lendlock group limited Company Information
Company Number
04756823
Next Accounts
Apr 2025
Shareholders
michael john duffell
valerie ann duffell
Group Structure
View All
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
+1Registered Address
guilden sutton lane no 86, guilden sutton, chester, cheshire, CH3 7EX
Website
www.lendlockgroup.co.uklendlock group limited Estimated Valuation
Pomanda estimates the enterprise value of LENDLOCK GROUP LIMITED at £71.7m based on a Turnover of £44.8m and 1.6x industry multiple (adjusted for size and gross margin).
lendlock group limited Estimated Valuation
Pomanda estimates the enterprise value of LENDLOCK GROUP LIMITED at £54.5m based on an EBITDA of £6.3m and a 8.6x industry multiple (adjusted for size and gross margin).
lendlock group limited Estimated Valuation
Pomanda estimates the enterprise value of LENDLOCK GROUP LIMITED at £90.1m based on Net Assets of £52.8m and 1.71x industry multiple (adjusted for liquidity).
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Lendlock Group Limited Overview
Lendlock Group Limited is a live company located in chester, CH3 7EX with a Companies House number of 04756823. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in May 2003, it's largest shareholder is michael john duffell with a 50% stake. Lendlock Group Limited is a mature, large sized company, Pomanda has estimated its turnover at £44.8m with healthy growth in recent years.
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Lendlock Group Limited Health Check
Pomanda's financial health check has awarded Lendlock Group Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 4 areas for improvement. Company Health Check FAQs
7 Strong
1 Regular
4 Weak
Size
annual sales of £44.8m, make it larger than the average company (£19.1m)
£44.8m - Lendlock Group Limited
£19.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 10%, show it is growing at a faster rate (6.9%)
10% - Lendlock Group Limited
6.9% - Industry AVG
Production
with a gross margin of 31.8%, this company has a comparable cost of product (34%)
31.8% - Lendlock Group Limited
34% - Industry AVG
Profitability
an operating margin of 12.3% make it more profitable than the average company (5.3%)
12.3% - Lendlock Group Limited
5.3% - Industry AVG
Employees
with 437 employees, this is above the industry average (106)
437 - Lendlock Group Limited
106 - Industry AVG
Pay Structure
on an average salary of £33.6k, the company has a lower pay structure (£45k)
£33.6k - Lendlock Group Limited
£45k - Industry AVG
Efficiency
resulting in sales per employee of £102.5k, this is less efficient (£190.8k)
£102.5k - Lendlock Group Limited
£190.8k - Industry AVG
Debtor Days
it gets paid by customers after 61 days, this is later than average (45 days)
61 days - Lendlock Group Limited
45 days - Industry AVG
Creditor Days
its suppliers are paid after 30 days, this is quicker than average (44 days)
30 days - Lendlock Group Limited
44 days - Industry AVG
Stock Days
it holds stock equivalent to 112 days, this is more than average (44 days)
112 days - Lendlock Group Limited
44 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 54 weeks, this is more cash available to meet short term requirements (15 weeks)
54 weeks - Lendlock Group Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 24.8%, this is a lower level of debt than the average (62.5%)
24.8% - Lendlock Group Limited
62.5% - Industry AVG
LENDLOCK GROUP LIMITED financials
Lendlock Group Limited's latest turnover from July 2023 is £44.8 million and the company has net assets of £52.8 million. According to their latest financial statements, Lendlock Group Limited has 437 employees and maintains cash reserves of £15.2 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 44,782,150 | 33,893,940 | 35,884,877 | 31,885,704 | 30,047,876 | 28,077,564 | 26,492,724 | 25,130,837 | 26,417,118 | 26,362,009 | 25,657,588 | 23,854,522 | 19,667,978 | ||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 30,527,059 | 24,573,088 | 28,226,708 | 23,410,912 | 21,315,407 | 18,986,979 | 17,894,436 | 17,959,808 | 18,612,681 | 18,856,029 | 19,457,775 | 16,552,965 | 13,213,164 | ||
| Gross Profit | 14,255,091 | 9,320,852 | 7,658,169 | 8,474,792 | 8,732,469 | 9,090,585 | 8,598,288 | 7,171,029 | 7,804,437 | 7,505,980 | 6,199,813 | 7,301,557 | 6,454,814 | ||
| Admin Expenses | 8,771,393 | 4,168,340 | 4,090,735 | 4,566,258 | 3,091,748 | 2,768,974 | 2,926,165 | 4,225,957 | 3,573,937 | 3,988,876 | 3,887,603 | 6,348,003 | 5,770,550 | ||
| Operating Profit | 5,483,698 | 5,152,512 | 3,567,434 | 3,908,534 | 5,640,721 | 6,321,611 | 5,672,123 | 2,945,072 | 4,230,500 | 3,517,104 | 2,312,210 | 953,554 | 684,264 | ||
| Interest Payable | 35,189 | 34,394 | 56,198 | 109,550 | 126,296 | 142,823 | 150,238 | 159,669 | 209,497 | 322,479 | 424,290 | 462,183 | 510,152 | ||
| Interest Receivable | 699,636 | 4,227 | 4,895 | 35,737 | 3,690 | 55,488 | 7,438 | 5,838 | 4,356 | 7,936 | 1,854 | 424 | 7,375 | ||
| Pre-Tax Profit | 6,148,145 | -445 | -2,703 | 5,127,559 | 3,516,131 | -1,936,137 | 5,518,115 | 6,234,276 | 5,529,323 | 2,791,241 | 4,018,661 | 3,202,561 | 1,889,774 | 491,795 | 181,487 |
| Tax | -478,372 | -845,028 | -530,810 | 185,167 | -1,009,712 | -1,222,196 | -1,213,941 | -688,033 | -878,608 | -854,204 | -411,211 | -91,387 | -96,135 | ||
| Profit After Tax | 5,669,773 | -445 | -2,703 | 4,282,531 | 2,985,321 | -1,750,970 | 4,508,403 | 5,012,080 | 4,315,382 | 2,103,208 | 3,140,053 | 2,348,357 | 1,478,563 | 400,408 | 85,352 |
| Dividends Paid | |||||||||||||||
| Retained Profit | 5,669,773 | -445 | -2,703 | 4,282,531 | 2,985,321 | -1,750,970 | 4,508,403 | 5,012,080 | 4,315,382 | 2,103,208 | 3,140,053 | 2,348,357 | 1,478,563 | 390,376 | -77,626 |
| Employee Costs | 14,689,008 | 11,420,090 | 12,433,364 | 10,289,170 | 8,451,780 | 7,759,012 | 6,697,500 | 6,095,818 | 5,797,161 | 5,655,684 | 5,877,585 | 8,812,752 | 7,489,393 | ||
| Number Of Employees | 437 | 8 | 7 | 392 | 387 | 393 | 339 | 337 | 296 | 273 | 286 | 292 | 284 | 272 | 221 |
| EBITDA* | 6,338,928 | 6,129,761 | 4,579,797 | 4,878,284 | 6,405,757 | 8,270,469 | 6,244,435 | 3,593,849 | 5,923,907 | 5,214,005 | 4,021,969 | 1,438,441 | 1,314,567 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 15,534,586 | 9,017,954 | 9,448,860 | 9,517,933 | 9,559,687 | 10,853,611 | 9,098,029 | 9,361,770 | 9,347,807 | 8,379,135 | 8,570,864 | 8,642,793 | 8,520,180 | ||
| Intangible Assets | 25,224 | 171,564 | 317,904 | 464,244 | 610,584 | 1,141,817 | 2,283,634 | 3,425,451 | 3,328,074 | ||||||
| Investments & Other | 945,000 | 3,665,001 | 3,665,001 | 777,877 | 777,877 | 777,877 | 540,377 | 540,377 | 535,033 | 200 | 200 | ||||
| Debtors (Due After 1 year) | 19,752,079 | ||||||||||||||
| Total Fixed Assets | 36,231,665 | 3,665,001 | 3,665,001 | 9,821,055 | 10,398,301 | 10,613,714 | 10,564,308 | 12,004,572 | 9,633,062 | 9,361,770 | 9,347,807 | 9,520,952 | 10,854,498 | 12,068,444 | 11,848,454 |
| Stock & work in progress | 9,398,885 | 7,409,484 | 7,512,804 | 6,543,946 | 5,618,948 | 5,291,500 | 4,854,577 | 4,180,186 | 4,115,174 | 5,168,702 | 5,112,907 | 5,425,482 | 5,501,133 | ||
| Trade Debtors | 7,561,375 | 5,158,203 | 7,213,954 | 6,725,323 | 5,834,871 | 5,914,033 | 5,772,956 | 4,688,375 | 5,345,708 | 5,325,074 | 5,884,663 | 5,380,550 | 4,062,179 | ||
| Group Debtors | 32,841 | 5,940 | 3,491,145 | 3,989,305 | 1,193,088 | 2,561,297 | 137,604 | 21,731 | 132,978 | 71,685 | 218,767 | 640,716 | |||
| Misc Debtors | 1,905,544 | 3,332 | 11,864 | 7,028,599 | 5,058,491 | 976,813 | 4,291,712 | 3,059,029 | 1,805,353 | 606,806 | 507,899 | 418,435 | 324,226 | 278,933 | 252,422 |
| Cash | 15,155,486 | 159,453 | 138,199 | 15,368,305 | 9,148,348 | 10,364,057 | 10,293,808 | 8,986,766 | 9,070,687 | 7,873,046 | 5,211,584 | 3,578,297 | 2,248,483 | 937,016 | 884,333 |
| misc current assets | |||||||||||||||
| total current assets | 34,021,290 | 195,626 | 156,003 | 34,964,591 | 28,933,597 | 28,101,284 | 30,028,644 | 24,444,416 | 24,064,870 | 17,486,017 | 15,202,096 | 14,623,486 | 13,641,964 | 12,240,748 | 11,340,783 |
| total assets | 70,252,955 | 3,860,627 | 3,821,004 | 44,785,646 | 39,331,898 | 38,714,998 | 40,592,952 | 36,448,988 | 33,697,932 | 26,847,787 | 24,549,903 | 24,144,438 | 24,496,462 | 24,309,192 | 23,189,237 |
| Bank overdraft | 72,143 | 736,265 | 224,000 | 773,294 | 5,065 | 238,033 | |||||||||
| Bank loan | 224,000 | 224,000 | 224,000 | 224,000 | 224,000 | 223,805 | 1,194,043 | 1,449,063 | 1,454,154 | 1,084,004 | |||||
| Trade Creditors | 2,583,123 | 7,368 | 1,515,632 | 2,863,402 | 3,328,970 | 2,371,951 | 2,396,341 | 2,179,134 | 2,134,701 | 2,031,395 | 1,377,374 | 2,069,556 | 1,826,717 | 1,880,606 | |
| Group/Directors Accounts | 6,326,198 | 8,106,337 | 7,280,196 | 8,131,464 | 1,029,462 | 1,221,553 | 1,138,721 | 2,298,369 | 2,202,321 | 180,115 | |||||
| other short term finances | |||||||||||||||
| hp & lease commitments | 23,528 | 57,756 | 57,757 | 72,904 | 15,702 | 15,000 | 28,750 | ||||||||
| other current liabilities | 11,685,974 | 199,221 | 151,785 | 10,297,344 | 7,927,444 | 3,054,774 | 2,205,828 | 3,026,454 | 3,051,302 | 3,351,180 | 3,365,823 | 3,979,817 | 2,462,352 | 2,499,422 | 4,797,007 |
| total current liabilities | 14,341,240 | 199,221 | 159,153 | 12,549,241 | 11,038,374 | 12,991,698 | 12,965,873 | 12,999,895 | 13,585,900 | 7,512,637 | 6,847,641 | 7,705,657 | 8,532,373 | 8,011,364 | 7,941,732 |
| loans | 561,792 | 1,033,795 | 1,257,796 | 1,629,038 | 1,943,906 | 2,280,439 | 4,240,676 | 7,525,554 | 7,601,660 | 9,489,402 | 11,308,526 | 12,894,818 | 10,876,903 | ||
| hp & lease commitments | 10,627 | 55,482 | 114,542 | 15,000 | 30,000 | ||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 69,876 | 109,805 | 233,333 | ||||||||||||
| provisions | 2,502,946 | 805,542 | 871,938 | 1,009,066 | 763,766 | 692,686 | 587,769 | 154,051 | 105,291 | 94,121 | 133,662 | 111,339 | 110,858 | ||
| total long term liabilities | 3,064,738 | 1,909,213 | 2,239,539 | 2,648,731 | 2,763,154 | 3,087,667 | 4,828,445 | 7,679,605 | 7,706,951 | 9,583,523 | 11,457,188 | 13,269,490 | 10,987,761 | ||
| total liabilities | 17,405,978 | 199,221 | 159,153 | 14,458,454 | 13,277,913 | 15,640,429 | 15,729,027 | 16,087,562 | 18,414,345 | 15,192,242 | 14,554,592 | 17,289,180 | 19,989,561 | 21,280,854 | 18,929,493 |
| net assets | 52,846,977 | 3,661,406 | 3,661,851 | 30,327,192 | 26,053,985 | 23,074,569 | 24,863,925 | 20,361,426 | 15,283,587 | 11,655,545 | 9,995,311 | 6,855,258 | 4,506,901 | 3,028,338 | 2,637,962 |
| total shareholders funds | 52,846,977 | 3,661,406 | 3,661,851 | 30,327,192 | 26,053,985 | 23,074,569 | 24,863,925 | 20,361,426 | 15,283,587 | 11,655,545 | 9,995,311 | 6,855,258 | 4,506,901 | 3,028,338 | 2,637,962 |
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 5,483,698 | 5,152,512 | 3,567,434 | 3,908,534 | 5,640,721 | 6,321,611 | 5,672,123 | 2,945,072 | 4,230,500 | 3,517,104 | 2,312,210 | 953,554 | 684,264 | ||
| Depreciation | 855,230 | 790,458 | 830,909 | 866,023 | 823,410 | 765,036 | 1,948,858 | 572,312 | 648,777 | 551,590 | 555,084 | 567,941 | 529,195 | 530,421 | |
| Amortisation | 25,224 | 146,340 | 146,340 | 146,340 | 1,141,817 | 1,141,817 | 1,141,818 | -44,308 | 99,882 | ||||||
| Tax | -478,372 | -845,028 | -530,810 | 185,167 | -1,009,712 | -1,222,196 | -1,213,941 | -688,033 | -878,608 | -854,204 | -411,211 | -91,387 | -96,135 | ||
| Stock | 9,398,885 | -7,409,484 | -103,320 | 968,858 | 924,998 | 327,448 | 436,923 | 674,391 | 65,012 | -1,053,528 | 55,795 | -312,575 | -75,651 | 5,501,133 | |
| Debtors | 29,182,825 | 18,369 | -12,168,998 | -85,643 | 1,079,164 | -2,922,607 | 3,949,738 | 26,544 | 4,706,821 | -442,553 | -1,149 | -404,087 | 402,324 | 922,933 | 4,955,317 |
| Creditors | 2,583,123 | -7,368 | -1,508,264 | -1,347,770 | -465,568 | 957,019 | -24,390 | 217,207 | 44,433 | 103,306 | 654,021 | -692,182 | 242,839 | -53,889 | 1,880,606 |
| Accruals and Deferred Income | 11,486,753 | 47,436 | -10,145,559 | 2,369,900 | 4,872,670 | 848,946 | -820,626 | -24,848 | -299,878 | -14,643 | -613,994 | 1,517,465 | -37,070 | -2,297,585 | 4,797,007 |
| Deferred Taxes & Provisions | 2,502,946 | -805,542 | -66,396 | -137,128 | 245,300 | 71,080 | 104,917 | 433,718 | 48,760 | 11,170 | -39,541 | 22,323 | 481 | 110,858 | |
| Cash flow from operations | -16,148,332 | 6,429,430 | 6,270,939 | 9,112,325 | 344,923 | 6,882,082 | -172,445 | 3,420,780 | 6,151,173 | 5,493,835 | 3,749,101 | -1,851,221 | -2,449,547 | ||
| Investing Activities | |||||||||||||||
| capital expenditure | -1,014,973 | 1,168,559 | -4,178,478 | -820,586 | -1,160,198 | -1,532,363 | -395,322 | -485,089 | -1,648,016 | -859,773 | |||||
| Change in Investments | -2,720,001 | 2,887,124 | 237,500 | 5,344 | 535,033 | -200 | 200 | ||||||||
| cash flow from investments | 2,720,001 | -1,252,473 | 1,168,559 | -4,183,822 | -1,355,619 | -1,160,198 | -1,532,363 | -395,322 | -484,889 | -1,648,016 | -859,973 | ||||
| Financing Activities | |||||||||||||||
| Bank loans | -224,000 | 195 | -970,238 | -255,020 | -5,091 | 370,150 | 1,084,004 | ||||||||
| Group/Directors Accounts | -6,326,198 | -1,780,139 | 826,141 | -851,268 | 7,102,002 | -192,091 | 82,832 | -1,159,648 | 96,048 | 2,022,206 | 180,115 | ||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | 561,792 | -1,033,795 | -224,001 | -371,242 | -314,868 | -336,533 | -1,960,237 | -3,284,878 | -76,106 | -1,887,742 | -1,819,124 | -1,586,292 | 2,017,915 | 10,876,903 | |
| Hire Purchase and Lease Commitments | -23,528 | -44,855 | -44,856 | -74,207 | 187,446 | -15,702 | -14,298 | -28,750 | 58,750 | ||||||
| other long term liabilities | -69,876 | -39,929 | 109,805 | -233,333 | 233,333 | ||||||||||
| share issue | |||||||||||||||
| interest | 664,447 | -30,167 | -51,303 | -73,813 | -122,606 | -87,335 | -142,800 | -153,831 | -205,141 | -314,543 | -422,436 | -461,759 | -502,777 | ||
| cash flow from financing | 44,742,037 | -27,766,309 | -326,949 | -6,913,698 | -2,252,062 | 286,891 | -2,645,635 | 2,986,984 | -864,807 | -2,995,991 | -3,562,633 | -2,179,854 | 4,240,595 | 14,353,833 | |
| cash and cash equivalents | |||||||||||||||
| cash | 14,996,033 | 21,254 | -15,230,106 | 6,219,957 | -1,215,709 | 70,249 | 1,307,042 | -83,921 | 1,197,641 | 2,661,462 | 1,633,287 | 1,329,814 | 1,311,467 | 52,683 | 884,333 |
| overdraft | 72,143 | -736,265 | 512,265 | 224,000 | -773,294 | 768,229 | 5,065 | -238,033 | 238,033 | ||||||
| change in cash | 14,923,890 | 21,254 | -14,493,841 | 5,707,692 | -1,439,709 | 70,249 | 1,307,042 | -83,921 | 1,970,935 | 1,893,233 | 1,628,222 | 1,567,847 | 1,073,434 | 52,683 | 884,333 |
lendlock group limited Credit Report and Business Information
Lendlock Group Limited Competitor Analysis
Perform a competitor analysis for lendlock group limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other large companies, companies in CH3 area or any other competitors across 12 key performance metrics.
lendlock group limited Ownership
LENDLOCK GROUP LIMITED group structure
Lendlock Group Limited has 3 subsidiary companies.
Ultimate parent company
LENDLOCK GROUP LIMITED
04756823
3 subsidiaries
lendlock group limited directors
Lendlock Group Limited currently has 9 directors. The longest serving directors include Mrs Valerie Duffell (May 2003) and Mr Michael Duffell (May 2003).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Valerie Duffell | 84 years | May 2003 | - | Director | |
| Mr Michael Duffell | 90 years | May 2003 | - | Director | |
| Mr Matthew Duffell | United Kingdom | 49 years | Feb 2015 | - | Director |
| Mr Andrew Duffell | England | 55 years | Feb 2015 | - | Director |
| Mr Denys Taylor | 54 years | Jul 2016 | - | Director | |
| Mr Mark Gwinnett | England | 56 years | Jul 2016 | - | Director |
| Ms Victoria Moody | England | 53 years | Jul 2016 | - | Director |
| Mr David Duffell | England | 53 years | May 2021 | - | Director |
| Mr Hilene Henry | United Kingdom | 67 years | Nov 2024 | - | Director |
P&L
July 2023turnover
44.8m
0%
operating profit
5.5m
0%
gross margin
31.9%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
52.8m
+13.43%
total assets
70.3m
+17.2%
cash
15.2m
+94.05%
net assets
Total assets minus all liabilities
lendlock group limited company details
company number
04756823
Type
Private limited with Share Capital
industry
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
70100 - Activities of head offices
incorporation date
May 2003
age
22
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
July 2023
previous names
N/A
accountant
-
auditor
SEDULO AUDIT LIMITED
address
guilden sutton lane no 86, guilden sutton, chester, cheshire, CH3 7EX
Bank
SANTANDER UK PLC
Legal Advisor
-
lendlock group 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 lendlock group limited. Currently there are 2 open charges and 1 have been satisfied in the past.
lendlock group 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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lendlock group limited Companies House Filings - See Documents
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