laurence catering events limited

Dissolved 

laurence catering events limited Company Information

Share LAURENCE CATERING EVENTS LIMITED

Company Number

05451929

Shareholders

stephen vaughan laurence

Group Structure

View All

Industry

Event catering activities

 

Registered Address

6 cross keys drive, thrapston, kettering, northamptonshire, NN14 4FF

Website

-

laurence catering events limited Estimated Valuation

£22k

Pomanda estimates the enterprise value of LAURENCE CATERING EVENTS LIMITED at £22k based on a Turnover of £60.2k and 0.36x industry multiple (adjusted for size and gross margin).

laurence catering events limited Estimated Valuation

£0

Pomanda estimates the enterprise value of LAURENCE CATERING EVENTS LIMITED at £0 based on an EBITDA of £-24.2k and a 2.82x industry multiple (adjusted for size and gross margin).

laurence catering events limited Estimated Valuation

£2

Pomanda estimates the enterprise value of LAURENCE CATERING EVENTS LIMITED at £2 based on Net Assets of £1 and 3x industry multiple (adjusted for liquidity).

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Laurence Catering Events Limited Overview

Laurence Catering Events Limited is a dissolved company that was located in kettering, NN14 4FF with a Companies House number of 05451929. It operated in the event catering activities sector, SIC Code 56210. Founded in May 2005, it's largest shareholder was stephen vaughan laurence with a 100% stake. The last turnover for Laurence Catering Events Limited was estimated at £60.2k.

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Laurence Catering Events Limited Health Check

Pomanda's financial health check has awarded Laurence Catering Events Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £60.2k, make it smaller than the average company (£517.8k)

£60.2k - Laurence Catering Events Limited

£517.8k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (-1.6%)

14% - Laurence Catering Events Limited

-1.6% - Industry AVG

production

Production

with a gross margin of 19%, this company has a higher cost of product (43.1%)

19% - Laurence Catering Events Limited

43.1% - Industry AVG

profitability

Profitability

an operating margin of -40.2% make it less profitable than the average company (6.1%)

-40.2% - Laurence Catering Events Limited

6.1% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (10)

2 - Laurence Catering Events Limited

10 - Industry AVG

paystructure

Pay Structure

on an average salary of £17.7k, the company has an equivalent pay structure (£17.7k)

£17.7k - Laurence Catering Events Limited

£17.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £30.1k, this is less efficient (£50.5k)

£30.1k - Laurence Catering Events Limited

£50.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 76 days, this is later than average (34 days)

76 days - Laurence Catering Events Limited

34 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 94 days, this is slower than average (29 days)

94 days - Laurence Catering Events Limited

29 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Laurence Catering Events Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Laurence Catering Events Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 100%, this is a higher level of debt than the average (87.1%)

100% - Laurence Catering Events Limited

87.1% - Industry AVG

LAURENCE CATERING EVENTS LIMITED financials

EXPORTms excel logo

Laurence Catering Events Limited's latest turnover from March 2023 is estimated at £60.2 thousand and the company has net assets of £1. According to their latest financial statements, Laurence Catering Events Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2023Mar 2022Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover60,22581,05240,89538,74343,44219,18743,81253,392188,828323,061262,809307,957313,146
Other Income Or Grants
Cost Of Sales48,81470,69434,60832,04533,51115,09333,47540,647145,793245,416196,351225,106240,921
Gross Profit11,41110,3586,2876,6989,9314,09310,33712,74543,03577,64566,45882,85172,225
Admin Expenses35,630-19,54323,07410,613-3,707-19,4127,493-8,99246,61668,94462,74672,402119,861
Operating Profit-24,21929,901-16,787-3,91513,63823,5052,84421,737-3,5818,7013,71210,449-47,636
Interest Payable
Interest Receivable391751717
Pre-Tax Profit-24,21929,901-16,787-3,91513,63823,5072,85321,754-3,5768,7013,71210,465-47,619
Tax-5,681-2,591-4,466-570-4,351-2,088-965-2,930
Profit After Tax-24,21924,220-16,787-3,91511,04719,0412,28217,403-3,5766,6132,7477,535-47,619
Dividends Paid
Retained Profit-24,21924,220-16,787-3,91511,04719,0412,28217,403-3,5766,6132,7477,535-47,619
Employee Costs35,46433,34834,75734,79135,23818,43818,03718,89136,53837,18356,03946,57967,204
Number Of Employees2222211122334
EBITDA*-24,21929,901-16,787-3,91513,63823,5054,86633,3373,97716,0738,86515,602-42,483

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2023Mar 2022Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets4,2106,7008,37510,46813,04817,08716,83627,68033,37738,93341,93442,127
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets4,2106,7008,37510,46813,04817,08716,83627,68033,37738,93341,93442,127
Stock & work in progress500388500
Trade Debtors12,70436,5093,8835,3946,19689773155721,87947,13538,11343,05838,200
Group Debtors
Misc Debtors7,800
Cash2,1165,0041,805316,653
misc current assets936801
total current assets12,70436,50911,6835,3947,1321,6982,8475,56124,18447,52638,61443,05844,853
total assets12,70440,71918,38313,76917,60014,74619,93422,39751,86480,90377,54784,99286,980
Bank overdraft
Bank loan
Trade Creditors 12,60915,62611,6122,2112,12710,32034,54839,29386,163111,626114,883125,075134,598
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities12,60915,62611,6122,2112,12710,32034,54839,29386,163111,626114,883125,075134,598
loans
hp & lease commitments
Accruals and Deferred Income94873
other liabilities12,000
provisions
total long term liabilities9487312,000
total liabilities12,70316,49923,6122,2112,12710,32034,54839,29386,163111,626114,883125,075134,598
net assets124,220-5,22911,55815,4734,426-14,614-16,896-34,299-30,723-37,336-40,083-47,618
total shareholders funds124,220-5,22911,55815,4734,426-14,614-16,896-34,299-30,723-37,336-40,083-47,618
Mar 2023Mar 2022Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit-24,21929,901-16,787-3,91513,63823,5052,84421,737-3,5818,7013,71210,449-47,636
Depreciation2,02211,6007,5587,3725,1535,1535,153
Amortisation
Tax-5,681-2,591-4,466-570-4,351-2,088-965-2,930
Stock-500112-112500
Debtors-23,80536,5096,289-8025,299166174-21,322-25,2569,022-4,9454,85838,200
Creditors-3,01715,6269,40184-8,193-24,228-4,745-46,870-25,463-3,257-10,192-9,523134,598
Accruals and Deferred Income-779873
Deferred Taxes & Provisions
Cash flow from operations-4,2104,210-13,675-3,029-2,445-5,355-6233,9383,6581,8182,153-1,70953,915
Investing Activities
capital expenditure4,210-4,2101,6752,0932,5804,039-2,273-756-1,861-1,816-2,152-4,960-47,280
Change in Investments
cash flow from investments4,210-4,2101,6752,0932,5804,039-2,273-756-1,861-1,816-2,152-4,960-47,280
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities12,000
share issue-11
interest391751717
cash flow from financing12,000291751718
cash and cash equivalents
cash-2,116-2,8883,1991,80221-6,6536,653
overdraft
change in cash-2,116-2,8883,1991,80221-6,6536,653

laurence catering 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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Laurence Catering Events Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for laurence catering events limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other undefined companies, companies in NN14 area or any other competitors across 12 key performance metrics.

laurence catering events limited Ownership

LAURENCE CATERING EVENTS LIMITED group structure

Laurence Catering Events Limited has no subsidiary companies.

Ultimate parent company

LAURENCE CATERING EVENTS LIMITED

05451929

LAURENCE CATERING EVENTS LIMITED Shareholders

stephen vaughan laurence 100%

laurence catering events limited directors

Laurence Catering Events Limited currently has 1 director, Mr Stephen Laurence serving since May 2005.

officercountryagestartendrole
Mr Stephen LaurenceUnited Kingdom61 years May 2005- Director

P&L

March 2023

turnover

60.2k

-26%

operating profit

-24.2k

0%

gross margin

19%

+48.25%

turnover

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

Balance Sheet

March 2023

net assets

1

-1%

total assets

12.7k

-0.69%

cash

0

0%

net assets

Total assets minus all liabilities

laurence catering events limited company details

company number

05451929

Type

Private limited with Share Capital

industry

56210 - Event catering activities

incorporation date

May 2005

age

20

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2023

previous names

N/A

accountant

-

auditor

-

address

6 cross keys drive, thrapston, kettering, northamptonshire, NN14 4FF

Bank

-

Legal Advisor

-

laurence catering 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 found 1 charges/mortgages relating to laurence catering events limited. Currently there are 1 open charges and 0 have been satisfied in the past.

laurence catering 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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laurence catering events limited Companies House Filings - See Documents

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