letcare limited
letcare limited Company Information
Company Number
04870899
Registered Address
manor farm tom wood ash lane, upton, pontefract, WF9 1HB
Industry
Activities of insurance agents and brokers
Telephone
08006129311
Next Accounts Due
October 2024
Group Structure
View All
Shareholders
andrew lee taylor 50%
gary anthony whiting 50%
letcare limited Estimated Valuation
Pomanda estimates the enterprise value of LETCARE LIMITED at £50.2k based on a Turnover of £43.8k and 1.15x industry multiple (adjusted for size and gross margin).
letcare limited Estimated Valuation
Pomanda estimates the enterprise value of LETCARE LIMITED at £15.1k based on an EBITDA of £3.2k and a 4.68x industry multiple (adjusted for size and gross margin).
letcare limited Estimated Valuation
Pomanda estimates the enterprise value of LETCARE LIMITED at £36.4k based on Net Assets of £21.8k and 1.67x industry multiple (adjusted for liquidity).
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Letcare Limited Overview
Letcare Limited is a live company located in pontefract, WF9 1HB with a Companies House number of 04870899. It operates in the activities of insurance agents and brokers sector, SIC Code 66220. Founded in August 2003, it's largest shareholder is andrew lee taylor with a 50% stake. Letcare Limited is a mature, micro sized company, Pomanda has estimated its turnover at £43.8k with rapid growth in recent years.
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Letcare Limited Health Check
Pomanda's financial health check has awarded Letcare Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
6 Weak
Size
annual sales of £43.8k, make it smaller than the average company (£2.7m)
- Letcare Limited
£2.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 47%, show it is growing at a faster rate (5.3%)
- Letcare Limited
5.3% - Industry AVG
Production
with a gross margin of 60.5%, this company has a higher cost of product (94.2%)
- Letcare Limited
94.2% - Industry AVG
Profitability
an operating margin of 7.4% make it less profitable than the average company (20.5%)
- Letcare Limited
20.5% - Industry AVG
Employees
with 1 employees, this is below the industry average (18)
- Letcare Limited
18 - Industry AVG
Pay Structure
on an average salary of £48.7k, the company has an equivalent pay structure (£48.7k)
- Letcare Limited
£48.7k - Industry AVG
Efficiency
resulting in sales per employee of £43.8k, this is less efficient (£111.3k)
- Letcare Limited
£111.3k - Industry AVG
Debtor Days
it gets paid by customers after 232 days, this is later than average (70 days)
- Letcare Limited
70 days - Industry AVG
Creditor Days
its suppliers are paid after 133 days, this is slower than average (98 days)
- Letcare Limited
98 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Letcare Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Letcare Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 22.5%, this is a lower level of debt than the average (58.4%)
22.5% - Letcare Limited
58.4% - Industry AVG
LETCARE LIMITED financials
Letcare Limited's latest turnover from January 2023 is estimated at £43.8 thousand and the company has net assets of £21.8 thousand. According to their latest financial statements, we estimate that Letcare Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||||||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | ||||||||||||||
| Interest Payable | ||||||||||||||
| Interest Receivable | ||||||||||||||
| Pre-Tax Profit | ||||||||||||||
| Tax | ||||||||||||||
| Profit After Tax | ||||||||||||||
| Dividends Paid | ||||||||||||||
| Retained Profit | ||||||||||||||
| Employee Costs | ||||||||||||||
| Number Of Employees | ||||||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 571 | 851 | 1,270 | 1,895 | 2,828 | 1,759 | 2,625 | 1,759 | 1,891 | 1,187 | 632 | 594 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 257 | 383 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 257 | 383 | 571 | 851 | 1,270 | 1,895 | 2,828 | 1,759 | 2,625 | 1,759 | 1,891 | 1,187 | 632 | 594 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 27,921 | 23,836 | 0 | 7,591 | 2,289 | 2,435 | 2,310 | 2,220 | 2,025 | 1,950 | 1,525 | 1,034 | 910 | 2,671 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 618 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 17,469 | 0 | 4,120 | 3,000 | 3,597 | 7,864 | 31,295 | 65,829 | 32,114 | 5,265 | 180 | 6,811 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 27,921 | 23,836 | 18,087 | 7,591 | 6,409 | 5,435 | 5,907 | 10,084 | 33,320 | 67,779 | 33,639 | 6,299 | 1,090 | 9,482 |
| total assets | 28,178 | 24,219 | 18,658 | 8,442 | 7,679 | 7,330 | 8,735 | 11,843 | 35,945 | 69,538 | 35,530 | 7,486 | 1,722 | 10,076 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 32 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 6,329 | 4,988 | 0 | 1,219 | 0 | 0 | 0 | 0 | 35,764 | 69,358 | 34,600 | 7,387 | 960 | 4,251 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 2,497 | 0 | 3,514 | 5,185 | 4,171 | 5,786 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 6,329 | 4,988 | 2,497 | 1,219 | 3,514 | 5,217 | 4,171 | 5,786 | 35,764 | 69,358 | 34,600 | 7,387 | 960 | 4,251 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 6,329 | 4,988 | 2,497 | 1,219 | 3,514 | 5,217 | 4,171 | 5,786 | 35,764 | 69,358 | 34,600 | 7,387 | 960 | 4,251 |
| net assets | 21,849 | 19,231 | 16,161 | 7,223 | 4,165 | 2,113 | 4,564 | 6,057 | 181 | 180 | 930 | 99 | 762 | 5,825 |
| total shareholders funds | 21,849 | 19,231 | 16,161 | 7,223 | 4,165 | 2,113 | 4,564 | 6,057 | 181 | 180 | 930 | 99 | 762 | 5,825 |
| Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 0 | 188 | 419 | 625 | 933 | 1,393 | 866 | 1,293 | 866 | 931 | 584 | 312 | 293 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 4,085 | 23,218 | -6,973 | 5,302 | -146 | 125 | 90 | 195 | 75 | 425 | 491 | 124 | -1,761 | 2,671 |
| Creditors | 1,341 | 4,988 | -1,219 | 1,219 | 0 | 0 | 0 | -35,764 | -33,594 | 34,758 | 27,213 | 6,427 | -3,291 | 4,251 |
| Accruals and Deferred Income | 0 | -2,497 | 2,497 | -3,514 | -1,671 | 1,014 | -1,615 | 5,786 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | -126 | 383 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 0 | -17,469 | 17,469 | -4,120 | 1,120 | -597 | -4,267 | -23,431 | -34,534 | 33,715 | 26,849 | 5,085 | -6,631 | 6,811 |
| overdraft | 0 | 0 | 0 | 0 | -32 | 32 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | -17,469 | 17,469 | -4,120 | 1,152 | -629 | -4,267 | -23,431 | -34,534 | 33,715 | 26,849 | 5,085 | -6,631 | 6,811 |
letcare limited Credit Report and Business Information
Letcare Limited Competitor Analysis
Perform a competitor analysis for letcare limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in WF9 area or any other competitors across 12 key performance metrics.
letcare limited Ownership
LETCARE LIMITED group structure
Letcare Limited has no subsidiary companies.
Ultimate parent company
LETCARE LIMITED
04870899
letcare limited directors
Letcare Limited currently has 2 directors. The longest serving directors include Mr Gary Whiting (Aug 2003) and Mr Andrew Taylor (Aug 2003).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Gary Whiting | United Kingdom | 68 years | Aug 2003 | - | Director |
| Mr Andrew Taylor | England | 53 years | Aug 2003 | - | Director |
P&L
January 2023turnover
43.8k
+20%
operating profit
3.2k
0%
gross margin
60.6%
-2.14%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2023net assets
21.8k
+0.14%
total assets
28.2k
+0.16%
cash
0
0%
net assets
Total assets minus all liabilities
letcare limited company details
company number
04870899
Type
Private limited with Share Capital
industry
66220 - Activities of insurance agents and brokers
incorporation date
August 2003
age
21
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
insure 24 limited (March 2006)
last accounts submitted
January 2023
address
manor farm tom wood ash lane, upton, pontefract, WF9 1HB
accountant
-
auditor
-
letcare 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 letcare limited.
letcare limited Companies House Filings - See Documents
| date | description | view/download |
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