larrytech limited
larrytech limited Company Information
Company Number
04790585
Next Accounts
Apr 2025
Directors
Shareholders
lawrence hardcastle
Group Structure
View All
Industry
Computer consultancy activities
Registered Address
wilson field ltd, the manor house, south, sheffield, S11 9PS
Website
larrytech.comlarrytech limited Estimated Valuation
Pomanda estimates the enterprise value of LARRYTECH LIMITED at £85.5k based on a Turnover of £159.1k and 0.54x industry multiple (adjusted for size and gross margin).
larrytech limited Estimated Valuation
Pomanda estimates the enterprise value of LARRYTECH LIMITED at £0 based on an EBITDA of £-51.7k and a 3.79x industry multiple (adjusted for size and gross margin).
larrytech limited Estimated Valuation
Pomanda estimates the enterprise value of LARRYTECH LIMITED at £0 based on Net Assets of £-78k and 2.29x industry multiple (adjusted for liquidity).
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Larrytech Limited Overview
Larrytech Limited is a dissolved company that was located in south, S11 9PS with a Companies House number of 04790585. It operated in the information technology consultancy activities sector, SIC Code 62020. Founded in June 2003, it's largest shareholder was lawrence hardcastle with a 100% stake. The last turnover for Larrytech Limited was estimated at £159.1k.
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Larrytech Limited Health Check
Pomanda's financial health check has awarded Larrytech Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £159.1k, make it in line with the average company (£140.5k)
- Larrytech Limited
£140.5k - Industry AVG
Growth
3 year (CAGR) sales growth of -23%, show it is growing at a slower rate (5.2%)
- Larrytech Limited
5.2% - Industry AVG
Production
with a gross margin of 29.5%, this company has a higher cost of product (57.6%)
- Larrytech Limited
57.6% - Industry AVG
Profitability
an operating margin of -32.5% make it less profitable than the average company (12.9%)
- Larrytech Limited
12.9% - Industry AVG
Employees
with 1 employees, this is below the industry average (22)
- Larrytech Limited
22 - Industry AVG
Pay Structure
on an average salary of £55.3k, the company has an equivalent pay structure (£55.3k)
- Larrytech Limited
£55.3k - Industry AVG
Efficiency
resulting in sales per employee of £159.1k, this is more efficient (£122.8k)
- Larrytech Limited
£122.8k - Industry AVG
Debtor Days
it gets paid by customers after 88 days, this is later than average (61 days)
- Larrytech Limited
61 days - Industry AVG
Creditor Days
its suppliers are paid after 440 days, this is slower than average (37 days)
- Larrytech Limited
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Larrytech Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Larrytech Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 236.1%, this is a higher level of debt than the average (58.8%)
236.1% - Larrytech Limited
58.8% - Industry AVG
LARRYTECH LIMITED financials
Larrytech Limited's latest turnover from March 2017 is estimated at £159.1 thousand and the company has net assets of -£78 thousand. According to their latest financial statements, we estimate that Larrytech Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 357,104 | 351,907 | 298,945 | 250,422 | 210,086 | 158,587 | ||
| Other Income Or Grants | ||||||||
| Cost Of Sales | 126,471 | 102,185 | 105,632 | 122,175 | 102,719 | 73,345 | ||
| Gross Profit | 230,633 | 249,722 | 193,313 | 128,247 | 107,367 | 85,242 | ||
| Admin Expenses | 196,165 | 203,341 | 162,465 | 119,543 | 91,280 | 85,775 | ||
| Operating Profit | 34,468 | 46,381 | 30,848 | 8,704 | 16,087 | -533 | ||
| Interest Payable | 3,927 | 1,955 | 2,617 | 1,912 | 1,933 | 1,543 | ||
| Interest Receivable | 4 | 4 | 3 | |||||
| Pre-Tax Profit | 30,545 | 44,430 | 28,234 | 6,792 | 14,154 | -2,076 | ||
| Tax | -6,109 | -8,885 | -5,647 | -1,540 | -2,053 | |||
| Profit After Tax | 24,436 | 35,545 | 22,587 | 5,252 | 12,101 | -2,076 | ||
| Dividends Paid | 36,000 | 29,750 | 20,750 | 11,373 | 10,396 | |||
| Retained Profit | -11,564 | 5,795 | 1,837 | -6,121 | 1,705 | -2,076 | ||
| Employee Costs | ||||||||
| Number Of Employees | ||||||||
| EBITDA* | 42,033 | 50,760 | 34,522 | 12,604 | 17,764 | 1,341 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 18,839 | 14,224 | 15,978 | 6,399 | 4,285 | 5,713 | 2,792 | 2,722 |
| Intangible Assets | 8,995 | 11,241 | 13,487 | 15,733 | 17,979 | 5,225 | 5,971 | |
| Investments & Other | ||||||||
| Debtors (Due After 1 year) | ||||||||
| Total Fixed Assets | 18,839 | 23,219 | 27,219 | 19,886 | 20,018 | 23,692 | 8,017 | 8,693 |
| Stock & work in progress | ||||||||
| Trade Debtors | 38,508 | 44,479 | 37,075 | 62,628 | 50,529 | 49,066 | 33,333 | 26,829 |
| Group Debtors | 33,510 | |||||||
| Misc Debtors | 12,962 | 5,848 | 642 | 445 | 438 | 875 | 5,951 | |
| Cash | 178 | 606 | 227 | 15 | 14 | 809 | 160 | |
| misc current assets | ||||||||
| total current assets | 38,508 | 57,619 | 77,039 | 63,497 | 50,989 | 49,518 | 35,017 | 32,940 |
| total assets | 57,347 | 80,838 | 104,258 | 83,383 | 71,007 | 73,210 | 43,034 | 41,633 |
| Bank overdraft | 23,024 | 18,714 | 4,965 | 20,867 | 3,690 | 4,480 | ||
| Bank loan | ||||||||
| Trade Creditors | 135,369 | 91,391 | 28,767 | 17,301 | 32,996 | 25,670 | 4,636 | 8,925 |
| Group/Directors Accounts | ||||||||
| other short term finances | ||||||||
| hp & lease commitments | ||||||||
| other current liabilities | 24,657 | 37,682 | 29,577 | 24,855 | 27,535 | 23,136 | ||
| total current liabilities | 135,369 | 91,391 | 76,448 | 73,697 | 67,538 | 71,392 | 35,861 | 36,541 |
| loans | 27,772 | |||||||
| hp & lease commitments | ||||||||
| Accruals and Deferred Income | ||||||||
| other liabilities | 15,669 | |||||||
| provisions | 3,195 | 1,279 | 857 | 1,142 | 376 | |||
| total long term liabilities | 15,669 | 30,967 | 1,279 | 857 | 1,142 | 376 | ||
| total liabilities | 135,369 | 107,060 | 107,415 | 74,976 | 68,395 | 72,534 | 36,237 | 36,541 |
| net assets | -78,022 | -26,222 | -3,157 | 8,407 | 2,612 | 676 | 6,797 | 5,092 |
| total shareholders funds | -78,022 | -26,222 | -3,157 | 8,407 | 2,612 | 676 | 6,797 | 5,092 |
| Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | 34,468 | 46,381 | 30,848 | 8,704 | 16,087 | -533 | ||
| Depreciation | 2,472 | 5,319 | 2,133 | 1,428 | 1,654 | 931 | 1,128 | |
| Amortisation | 2,246 | 2,246 | 2,246 | 2,246 | 2,246 | 746 | 746 | |
| Tax | -6,109 | -8,885 | -5,647 | -1,540 | -2,053 | |||
| Stock | ||||||||
| Debtors | -18,933 | -18,992 | 13,163 | 12,296 | 1,470 | 15,296 | 1,428 | 32,780 |
| Creditors | 43,978 | 62,624 | 11,466 | -15,695 | 7,326 | 21,034 | -4,289 | 8,925 |
| Accruals and Deferred Income | -24,657 | -13,025 | 8,105 | 4,722 | -2,680 | 4,399 | 23,136 | |
| Deferred Taxes & Provisions | -3,195 | 1,916 | 422 | -285 | 766 | 376 | ||
| Cash flow from operations | 23,118 | 22,411 | 39,168 | 14,888 | 14,769 | 622 | ||
| 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 | -27,772 | 27,772 | ||||||
| Hire Purchase and Lease Commitments | ||||||||
| other long term liabilities | -15,669 | 15,669 | ||||||
| share issue | ||||||||
| interest | -3,923 | -1,951 | -2,614 | -1,912 | -1,933 | -1,543 | ||
| cash flow from financing | 23,849 | -1,951 | -2,515 | -1,912 | -1,933 | 5,625 | ||
| cash and cash equivalents | ||||||||
| cash | -178 | -428 | 379 | 212 | 1 | -795 | 649 | 160 |
| overdraft | -23,024 | 4,310 | 13,749 | -15,902 | 17,177 | -790 | 4,480 | |
| change in cash | -178 | 22,596 | -3,931 | -13,537 | 15,903 | -17,972 | 1,439 | -4,320 |
larrytech limited Credit Report and Business Information
Larrytech Limited Competitor Analysis
Perform a competitor analysis for larrytech limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other undefined companies, companies in S11 area or any other competitors across 12 key performance metrics.
larrytech limited Ownership
LARRYTECH LIMITED group structure
Larrytech Limited has no subsidiary companies.
Ultimate parent company
LARRYTECH LIMITED
04790585
larrytech limited directors
Larrytech Limited currently has 1 director, Mr Lawrence Hardcastle serving since Jun 2003.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Lawrence Hardcastle | England | 38 years | Jun 2003 | - | Director |
P&L
March 2017turnover
159.1k
-10%
operating profit
-51.7k
0%
gross margin
29.5%
-4.27%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2017net assets
-78k
+1.98%
total assets
57.3k
-0.29%
cash
0
-1%
net assets
Total assets minus all liabilities
larrytech limited company details
company number
04790585
Type
Private limited with Share Capital
industry
62020 - Computer consultancy activities
incorporation date
June 2003
age
22
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2017
previous names
N/A
accountant
-
auditor
-
address
wilson field ltd, the manor house, south, sheffield, S11 9PS
Bank
-
Legal Advisor
-
larrytech 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 larrytech limited.
larrytech 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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larrytech limited Companies House Filings - See Documents
| date | description | view/download |
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