lm10 ltd.

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lm10 ltd. Company Information

Share LM10 LTD.

Company Number

05098791

Shareholders

mnk holdings ltd

Group Structure

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Industry

Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.

 

Registered Address

lakeside house 15 mariner court, wakefield, west yorkshire, WF4 3FL

lm10 ltd. Estimated Valuation

£225.6k

Pomanda estimates the enterprise value of LM10 LTD. at £225.6k based on a Turnover of £174.5k and 1.29x industry multiple (adjusted for size and gross margin).

lm10 ltd. Estimated Valuation

£433.5k

Pomanda estimates the enterprise value of LM10 LTD. at £433.5k based on an EBITDA of £97.2k and a 4.46x industry multiple (adjusted for size and gross margin).

lm10 ltd. Estimated Valuation

£414.2k

Pomanda estimates the enterprise value of LM10 LTD. at £414.2k based on Net Assets of £308.9k and 1.34x industry multiple (adjusted for liquidity).

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Lm10 Ltd. Overview

Lm10 Ltd. is a live company located in west yorkshire, WF4 3FL with a Companies House number of 05098791. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in April 2004, it's largest shareholder is mnk holdings ltd with a 100% stake. Lm10 Ltd. is a mature, micro sized company, Pomanda has estimated its turnover at £174.5k with declining growth in recent years.

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Lm10 Ltd. Health Check

Pomanda's financial health check has awarded Lm10 Ltd. a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

3 Strong

positive_score

1 Regular

positive_score

5 Weak

size

Size

annual sales of £174.5k, make it smaller than the average company (£5.3m)

£174.5k - Lm10 Ltd.

£5.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -27%, show it is growing at a slower rate (6.3%)

-27% - Lm10 Ltd.

6.3% - Industry AVG

production

Production

with a gross margin of 54.7%, this company has a comparable cost of product (54.7%)

54.7% - Lm10 Ltd.

54.7% - Industry AVG

profitability

Profitability

an operating margin of 51.8% make it more profitable than the average company (9.3%)

51.8% - Lm10 Ltd.

9.3% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (12)

2 - Lm10 Ltd.

12 - Industry AVG

paystructure

Pay Structure

on an average salary of £16.8k, the company has a lower pay structure (£79.6k)

£16.8k - Lm10 Ltd.

£79.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £87.3k, this is less efficient (£213k)

£87.3k - Lm10 Ltd.

£213k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Lm10 Ltd.

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Lm10 Ltd.

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Lm10 Ltd.

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 13 weeks, this is less cash available to meet short term requirements (29 weeks)

13 weeks - Lm10 Ltd.

29 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 16.3%, this is a lower level of debt than the average (68.5%)

16.3% - Lm10 Ltd.

68.5% - Industry AVG

LM10 LTD. financials

EXPORTms excel logo

Lm10 Ltd.'s latest turnover from January 2024 is £174.5 thousand and the company has net assets of £308.9 thousand. According to their latest financial statements, Lm10 Ltd. has 2 employees and maintains cash reserves of £13.5 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jan 2024Jan 2023Jan 2022Jan 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Turnover174,542374,745522,407440,8381,041,888674,498609,73300000000
Other Income Or Grants000000000000000
Cost Of Sales79,118163,73721,00015,000420,134280,309244,98600000000
Gross Profit95,424211,008501,407425,838621,755394,189364,74700000000
Admin Expenses5,006-99,280268,721157,009581,371299,970374,8152-29,876000000
Operating Profit90,418310,288232,686268,82940,38494,219-10,068-229,876000000
Interest Payable8331,7933,0922,35600000000000
Interest Receivable14710200231722000000
Pre-Tax Profit89,732308,505229,596266,47340,38494,242-10,051029,878000000
Tax-21,266-61,947-34,351-62,428-7,673-17,90600-5,975000000
Profit After Tax68,466246,558195,245204,04532,71176,336-10,051023,902000000
Dividends Paid69,667158,60069,011226,06300000000000
Retained Profit-1,20187,958126,234-22,01832,71176,336-10,051023,902000000
Employee Costs33,57916,282199,86579,452416,964209,259269,80100000000
Number Of Employees236863400000000
EBITDA*97,220324,248250,135291,00840,38494,219-4,910-229,876000000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jan 2024Jan 2023Jan 2022Jan 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Tangible Assets27,20655,83869,79886,91762,09422,1301,3131,6411,641000000
Intangible Assets00000024,15028,98028,980000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets27,20655,83869,79886,91762,09422,13025,46330,62130,621000000
Stock & work in progress000000000000000
Trade Debtors0000115,089101,083000000000
Group Debtors326,072336,542244,18754,70400000000000
Misc Debtors2,37609000000000000
Cash13,54842,25956,19964,877006,041633633000000
misc current assets000000000000000
total current assets341,996378,801300,395119,581115,089101,0836,041633633000000
total assets369,202434,639370,193206,498177,183123,21331,50431,25431,254000000
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 000054,28533,02621000000000
Group/Directors Accounts1,01600000000000000
other short term finances000000000000000
hp & lease commitments24,7057,4796,5265,57300000000000
other current liabilities27,80978,42496,10949,8210017,2407,1497,349000000
total current liabilities53,53085,903102,63555,39454,28533,02617,4507,1497,349000000
loans000000000000000
hp & lease commitments024,70532,18338,70900000000000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions6,80213,96013,26216,51400000000000
total long term liabilities6,80238,66545,44555,22300000000000
total liabilities60,332124,568148,080110,61754,28533,02617,4507,1497,349000000
net assets308,870310,071222,11395,881122,89890,18714,05424,10523,905000000
total shareholders funds308,870310,071222,11395,881122,89890,18714,05424,10523,905000000
Jan 2024Jan 2023Jan 2022Jan 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Operating Activities
Operating Profit90,418310,288232,686268,82940,38494,219-10,068-229,876000000
Depreciation6,80213,96017,44922,1790032800000000
Amortisation0000004,83000000000
Tax-21,266-61,947-34,351-62,428-7,673-17,90600-5,975000000
Stock000000000000000
Debtors-8,09492,346189,492-60,38514,006101,083000000000
Creditors000-54,28521,25932,81621000000000
Accruals and Deferred Income-50,615-17,68546,28849,8210-17,24010,091-2007,349000000
Deferred Taxes & Provisions-7,158698-3,25216,51400000000000
Cash flow from operations26,275152,96869,328301,01539,964-9,1945,391-20231,250000000
Investing Activities
capital expenditure0000-39,9643,33300-30,621000000
Change in Investments000000000000000
cash flow from investments0000-39,9643,33300-30,621000000
Financing Activities
Bank loans000000000000000
Group/Directors Accounts1,01600000000000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments-7,479-6,525-5,57344,28200000000000
other long term liabilities000000000000000
share issue00-2-4,9990-20302003000000
interest-686-1,783-3,090-2,3560231722000000
cash flow from financing-7,149-8,308-8,66536,9270-180172025000000
cash and cash equivalents
cash-28,711-13,940-8,67864,8770-6,0415,4080633000000
overdraft000000000000000
change in cash-28,711-13,940-8,67864,8770-6,0415,4080633000000

lm10 ltd. 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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Lm10 Ltd. Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for lm10 ltd. by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in WF4 area or any other competitors across 12 key performance metrics.

lm10 ltd. Ownership

LM10 LTD. group structure

Lm10 Ltd. has no subsidiary companies.

Ultimate parent company

1 parent

LM10 LTD.

05098791

LM10 LTD. Shareholders

mnk holdings ltd 100%

lm10 ltd. directors

Lm10 Ltd. currently has 4 directors. The longest serving directors include Mr Nathan Hibbert (Jan 2017) and Mr Matthew Hibbert (Feb 2022).

officercountryagestartendrole
Mr Nathan HibbertEngland46 years Jan 2017- Director
Mr Matthew HibbertEngland43 years Feb 2022- Director
Mr Matthew HibbertEngland43 years Feb 2022- Director
Miss Kalie HartleyEngland38 years Aug 2024- Director

P&L

January 2024

turnover

174.5k

-53%

operating profit

90.4k

-71%

gross margin

54.7%

-2.91%

turnover

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

Balance Sheet

January 2024

net assets

308.9k

0%

total assets

369.2k

-0.15%

cash

13.5k

-0.68%

net assets

Total assets minus all liabilities

lm10 ltd. company details

company number

05098791

Type

Private limited with Share Capital

industry

64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.

incorporation date

April 2004

age

21

incorporated

UK

ultimate parent company

accounts

Full Accounts

last accounts submitted

January 2024

previous names

lm1o ltd. (July 2018)

lakeside mortgage & insurance services limited (June 2018)

accountant

-

auditor

LAKEVIEW SOUTHERN LIMITED

address

lakeside house 15 mariner court, wakefield, west yorkshire, WF4 3FL

Bank

-

Legal Advisor

-

lm10 ltd. 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 lm10 ltd..

lm10 ltd. 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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lm10 ltd. Companies House Filings - See Documents

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