lauries events limited

Dissolved 

lauries events limited Company Information

Share LAURIES EVENTS LIMITED

Company Number

04978949

Shareholders

the lauries limited

Group Structure

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Industry

Letting and operating of conference and exhibition centres

 

Registered Address

68 argyle street, birkenhead, merseyside, CH41 6AF

lauries events limited Estimated Valuation

£2.9k

Pomanda estimates the enterprise value of LAURIES EVENTS LIMITED at £2.9k based on a Turnover of £1.4k and 2.01x industry multiple (adjusted for size and gross margin).

lauries events limited Estimated Valuation

£0

Pomanda estimates the enterprise value of LAURIES EVENTS LIMITED at £0 based on an EBITDA of £-29.3k and a 4.59x industry multiple (adjusted for size and gross margin).

lauries events limited Estimated Valuation

£0

Pomanda estimates the enterprise value of LAURIES EVENTS LIMITED at £0 based on Net Assets of £-7.9k and 2.66x industry multiple (adjusted for liquidity).

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Lauries Events Limited Overview

Lauries Events Limited is a dissolved company that was located in merseyside, CH41 6AF with a Companies House number of 04978949. It operated in the letting and operating of conference and exhibition centres sector, SIC Code 68202. Founded in November 2003, it's largest shareholder was the lauries limited with a 100% stake. The last turnover for Lauries Events Limited was estimated at £1.4k.

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Lauries Events Limited Health Check

Pomanda's financial health check has awarded Lauries Events Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

1 Strong

positive_score

2 Regular

positive_score

7 Weak

size

Size

annual sales of £1.4k, make it smaller than the average company (£493.9k)

£1.4k - Lauries Events Limited

£493.9k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -86%, show it is growing at a slower rate (-4.2%)

-86% - Lauries Events Limited

-4.2% - Industry AVG

production

Production

with a gross margin of 58.4%, this company has a comparable cost of product (58.4%)

58.4% - Lauries Events Limited

58.4% - Industry AVG

profitability

Profitability

an operating margin of -2063.6% make it less profitable than the average company (2.6%)

-2063.6% - Lauries Events Limited

2.6% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (14)

1 - Lauries Events Limited

14 - Industry AVG

paystructure

Pay Structure

on an average salary of £24.9k, the company has an equivalent pay structure (£24.9k)

£24.9k - Lauries Events Limited

£24.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £1.4k, this is less efficient (£54.3k)

£1.4k - Lauries Events Limited

£54.3k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Lauries Events Limited

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 237 days, this is slower than average (41 days)

237 days - Lauries Events Limited

41 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Lauries Events Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 22 weeks, this is less cash available to meet short term requirements (52 weeks)

22 weeks - Lauries Events Limited

52 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 132.9%, this is a higher level of debt than the average (44.1%)

132.9% - Lauries Events Limited

44.1% - Industry AVG

LAURIES EVENTS LIMITED financials

EXPORTms excel logo

Lauries Events Limited's latest turnover from March 2021 is estimated at £1.4 thousand and the company has net assets of -£7.9 thousand. According to their latest financial statements, we estimate that Lauries Events Limited has 1 employee and maintains cash reserves of £14.1 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016May 2015May 2014May 2013May 2012May 2011May 2010
Turnover1,421393,710464,795557,735361,63181,581292,050229,286505,417425,768581,216501,849
Other Income Or Grants
Cost Of Sales591133,823156,269192,713160,05934,688122,468100,811243,003199,562273,899245,578
Gross Profit830259,887308,526365,022201,57346,893169,581128,475262,414226,206307,317256,271
Admin Expenses30,155246,615305,228361,954193,07547,167169,592128,485262,422226,213307,811255,078
Operating Profit-29,32513,2723,2983,0688,498-274-11-10-8-7-4941,193
Interest Payable1,1381,094
Interest Receivable282718413029311110871612
Pre-Tax Profit-29,29713,2993,4812,0607,434-243-4781,206
Tax-2,527-661-391-1,487-338
Profit After Tax-29,29710,7722,8201,6695,947-243-478868
Dividends Paid
Retained Profit-29,29710,7722,8201,6695,947-243-478868
Employee Costs24,883201,822149,984145,98674,25052,904109,78676,061157,535126,877187,594151,480
Number Of Employees186632436578
EBITDA*-29,32513,2727,0766,1249,790196-11-10-8-7-49412,726

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016May 2015May 2014May 2013May 2012May 2011May 2010
Tangible Assets3,7787,5574,74138,206
Intangible Assets
Investments & Other
Debtors (Due After 1 year)8,1121,2403,2894,428
Total Fixed Assets8,1121,2403,2898,2067,5574,74138,206
Stock & work in progress2,3723,2403,2403,4043,6203,8082,2974,072
Trade Debtors48,02868,83745,2133,44932,77633,45648,73745,12457,09456,550
Group Debtors
Misc Debtors2,00019,5002,00087,26945,490
Cash14,05342,79410,75038,27713,6399,8802,3742,1771,7311,4031,3844,966
misc current assets
total current assets16,05342,79478,278109,114148,49362,05938,39039,03754,08850,33560,77565,588
total assets24,16544,03481,567117,320156,05066,80038,39039,03754,08850,33560,775103,794
Bank overdraft
Bank loan
Trade Creditors 38417,54655,36528,21740,56664,22437,99938,64653,69744,94449,85586,698
Group/Directors Accounts59,343424
other short term finances35,000
hp & lease commitments
other current liabilities31,7225,13215,61881,33915,0462,004
total current liabilities32,10622,67870,983109,556149,95566,65237,99938,64653,69744,94449,85586,698
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities5,00010,52916,227
provisions
total long term liabilities5,00010,52916,227
total liabilities32,10622,67870,983109,556149,95566,65237,99938,64653,69749,94460,384102,925
net assets-7,94121,35610,5847,7646,095148391391391391391869
total shareholders funds-7,94121,35610,5847,7646,095148391391391391391869
Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016May 2015May 2014May 2013May 2012May 2011May 2010
Operating Activities
Operating Profit-29,32513,2723,2983,0688,498-274-11-10-8-7-4941,193
Depreciation3,7783,0561,29247011,533
Amortisation
Tax-2,527-661-391-1,487-338
Stock-2,372-868-164-216-1881,511-1,7754,072
Debtors8,872-69,577-4,448-57,21783,54316,163-680-15,2813,613-11,97054456,550
Creditors-17,162-37,81927,148-12,349-23,65826,225-647-15,0518,753-4,911-36,84386,698
Accruals and Deferred Income26,590-10,486-65,72166,29313,0422,004
Deferred Taxes & Provisions
Cash flow from operations-28,76932,017-27,710119,266-84,98812,2621864365,3205,541-36,10638,464
Investing Activities
capital expenditure723-4,108-5,21138,206-49,739
Change in Investments
cash flow from investments723-4,108-5,21138,206-49,739
Financing Activities
Bank loans
Group/Directors Accounts-59,34358,919424
Other Short Term Loans -35,00035,000
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-5,000-5,529-5,69816,227
share issue1
interest2827184-1,008-1,065311110871612
cash flow from financing2827184-95,35192,8544551110-4,992-5,522-5,68216,240
cash and cash equivalents
cash-28,74132,044-27,52724,6383,7597,50619744632819-3,5824,966
overdraft
change in cash-28,74132,044-27,52724,6383,7597,50619744632819-3,5824,966

lauries events limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Lauries Events Limited Competitor Analysis

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Perform a competitor analysis for lauries events limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other undefined companies, companies in CH41 area or any other competitors across 12 key performance metrics.

lauries events limited Ownership

LAURIES EVENTS LIMITED group structure

Lauries Events Limited has no subsidiary companies.

Ultimate parent company

1 parent

LAURIES EVENTS LIMITED

04978949

LAURIES EVENTS LIMITED Shareholders

the lauries limited 100%

lauries events limited directors

Lauries Events Limited currently has 4 directors. The longest serving directors include Mrs Paula Basnett (May 2013) and Mrs Sharon Stanton (Nov 2016).

officercountryagestartendrole
Mrs Paula BasnettUnited Kingdom58 years May 2013- Director
Mrs Sharon StantonEngland55 years Nov 2016- Director
Mrs Katherine Eugeni52 years Nov 2016- Director
Mrs Patricia CrockerEngland59 years Nov 2020- Director

P&L

March 2021

turnover

1.4k

-100%

operating profit

-29.3k

0%

gross margin

58.4%

-11.53%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2021

net assets

-7.9k

-1.37%

total assets

24.2k

-0.45%

cash

14.1k

-0.67%

net assets

Total assets minus all liabilities

lauries events limited company details

company number

04978949

Type

Private limited with Share Capital

industry

68202 - Letting and operating of conference and exhibition centres

incorporation date

November 2003

age

22

incorporated

UK

ultimate parent company

accounts

Total Exemption Full

last accounts submitted

March 2021

previous names

N/A

accountant

-

auditor

-

address

68 argyle street, birkenhead, merseyside, CH41 6AF

Bank

-

Legal Advisor

-

lauries events 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 lauries events limited.

lauries events 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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lauries events limited Companies House Filings - See Documents

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