lord browns furniture ltd

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lord browns furniture ltd Company Information

Share LORD BROWNS FURNITURE LTD

Company Number

05591106

Directors

Helen Lord

Andrew Brown

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Shareholders

mrs helen ashley lord

mr daniel david anthony lord

Group Structure

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Industry

Repair of furniture and home furnishings

 +1

Registered Address

c/o macmahon leggate accountants, first floor kingsway house, burnley, BB11 1BJ

lord browns furniture ltd Estimated Valuation

£164.3k

Pomanda estimates the enterprise value of LORD BROWNS FURNITURE LTD at £164.3k based on a Turnover of £492.9k and 0.33x industry multiple (adjusted for size and gross margin).

lord browns furniture ltd Estimated Valuation

£284.4k

Pomanda estimates the enterprise value of LORD BROWNS FURNITURE LTD at £284.4k based on an EBITDA of £78.1k and a 3.64x industry multiple (adjusted for size and gross margin).

lord browns furniture ltd Estimated Valuation

£743.8k

Pomanda estimates the enterprise value of LORD BROWNS FURNITURE LTD at £743.8k based on Net Assets of £401.2k and 1.85x industry multiple (adjusted for liquidity).

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Lord Browns Furniture Ltd Overview

Lord Browns Furniture Ltd is a live company located in burnley, BB11 1BJ with a Companies House number of 05591106. It operates in the repair of furniture and home furnishings sector, SIC Code 95240. Founded in October 2005, it's largest shareholder is mrs helen ashley lord with a 51% stake. Lord Browns Furniture Ltd is a mature, micro sized company, Pomanda has estimated its turnover at £492.9k with low growth in recent years.

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Lord Browns Furniture Ltd Health Check

Pomanda's financial health check has awarded Lord Browns Furniture Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

4 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £492.9k, make it smaller than the average company (£2.5m)

£492.9k - Lord Browns Furniture Ltd

£2.5m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (12.9%)

2% - Lord Browns Furniture Ltd

12.9% - Industry AVG

production

Production

with a gross margin of 54.3%, this company has a comparable cost of product (54.3%)

54.3% - Lord Browns Furniture Ltd

54.3% - Industry AVG

profitability

Profitability

an operating margin of 11.9% make it more profitable than the average company (3.3%)

11.9% - Lord Browns Furniture Ltd

3.3% - Industry AVG

employees

Employees

with 8 employees, this is below the industry average (17)

8 - Lord Browns Furniture Ltd

17 - Industry AVG

paystructure

Pay Structure

on an average salary of £31k, the company has an equivalent pay structure (£31k)

£31k - Lord Browns Furniture Ltd

£31k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £61.6k, this is less efficient (£128.8k)

£61.6k - Lord Browns Furniture Ltd

£128.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 1 days, this is earlier than average (37 days)

1 days - Lord Browns Furniture Ltd

37 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 30 days, this is quicker than average (86 days)

30 days - Lord Browns Furniture Ltd

86 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 527 days, this is more than average (40 days)

527 days - Lord Browns Furniture Ltd

40 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 90 weeks, this is more cash available to meet short term requirements (14 weeks)

90 weeks - Lord Browns Furniture Ltd

14 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 27.6%, this is a lower level of debt than the average (59.2%)

27.6% - Lord Browns Furniture Ltd

59.2% - Industry AVG

LORD BROWNS FURNITURE LTD financials

EXPORTms excel logo

Lord Browns Furniture Ltd's latest turnover from March 2024 is estimated at £492.9 thousand and the company has net assets of £401.2 thousand. According to their latest financial statements, Lord Browns Furniture Ltd has 8 employees and maintains cash reserves of £97 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Turnover492,881902,985535,543464,378550,380614,138603,268709,085446,767404,593543,175566,919458,725617,479322,532
Other Income Or Grants000000000000000
Cost Of Sales225,359528,431262,506276,742300,938345,473314,993377,679220,510198,052285,689330,770266,557312,515162,444
Gross Profit267,522374,554273,037187,635249,442268,665288,275331,405226,256206,541257,487236,149192,168304,963160,088
Admin Expenses209,010298,113158,891190,123249,093263,118210,265247,791194,057148,814168,510203,187169,106284,090288,191
Operating Profit58,51276,441114,146-2,4883495,54778,01083,61432,19957,72788,97732,96223,06220,873-128,103
Interest Payable3,0783,8882,9231,52500000000000
Interest Receivable5,4196,08144110426046333799109111112851078831
Pre-Tax Profit60,85278,635111,664-3,9096096,01078,34783,71432,30857,83889,08833,04723,16920,961-128,072
Tax-15,213-14,941-21,2160-116-1,142-14,886-16,743-6,461-12,146-20,490-7,931-6,024-5,8690
Profit After Tax45,63963,69490,448-3,9094934,86863,46166,97125,84645,69268,59825,11617,14515,092-128,072
Dividends Paid000000000000000
Retained Profit45,63963,69490,448-3,9094934,86863,46166,97125,84645,69268,59825,11617,14515,092-128,072
Employee Costs248,197266,555152,076128,054185,103210,388178,827196,06196,64482,886105,865106,418117,821162,78776,383
Number Of Employees8108699997577793
EBITDA*78,055102,256135,31816,46218,70914,28684,52591,35946,01963,27694,20338,58426,37228,288-122,173

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Tangible Assets112,84965,56296,310124,89355,33572,71031,15534,04038,45637,05516,76420,81016,89710,8327,014
Intangible Assets000000000000005,000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets112,84965,56296,310124,89355,33572,71031,15534,04038,45637,05516,76420,81016,89710,83212,014
Stock & work in progress325,515326,050220,776202,958228,122192,727229,738238,872194,281149,215136,38085,44071,68357,17943,752
Trade Debtors1,740000000006,8687,0043,2246,3643,7701,207
Group Debtors000000000000000
Misc Debtors17,1087,78216,28652,92265,51353,6878,9038,4817,032000000
Cash96,960109,466176,719176,39631,06238,29985,26149,63929,79213,74830,50014,21619,89022,79012,291
misc current assets000000000000000
total current assets441,323443,298413,781432,276324,697284,713323,902296,992231,105169,831173,884102,88097,93783,73957,250
total assets554,172508,860510,091557,169380,032357,423355,057331,032269,561206,886190,648123,690114,83494,57169,264
Bank overdraft000000000000000
Bank loan9,5009,5009,5007,50000000000000
Trade Creditors 18,53621,17616,72661,64030,72027,97619,73126,27227,066156,215192,669194,309210,569207,451197,236
Group/Directors Accounts000000062,14181,930000000
other short term finances000000000000000
hp & lease commitments16,7036,17220,42214,25100000000000
other current liabilities10,99957,727109,135209,690134,595110,830129,477101,23183,548000000
total current liabilities55,73894,575155,783293,081165,315138,806149,208189,644192,544156,215192,669194,309210,569207,451197,236
loans12,89322,83434,03342,50000000000000
hp & lease commitments41,5212,05215,19320,18700000000000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions42,83833,85613,23309,40713,8005,9004,9007,5007,00000000
total long term liabilities97,25258,74262,45962,6879,40713,8005,9004,9007,5007,00000000
total liabilities152,990153,317218,242355,768174,722152,606155,108194,544200,044163,215192,669194,309210,569207,451197,236
net assets401,182355,543291,849201,401205,310204,817199,949136,48869,51743,671-2,021-70,619-95,735-112,880-127,972
total shareholders funds401,182355,543291,849201,401205,310204,817199,949136,48869,51743,671-2,021-70,619-95,735-112,880-127,972
Mar 2024Mar 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Operating Activities
Operating Profit58,51276,441114,146-2,4883495,54778,01083,61432,19957,72788,97732,96223,06220,873-128,103
Depreciation19,54325,81521,17218,95018,3608,7396,5157,74513,8205,5495,2265,6223,3102,415930
Amortisation00000000000005,0005,000
Tax-15,213-14,941-21,2160-116-1,142-14,886-16,743-6,461-12,146-20,490-7,931-6,024-5,8690
Stock-535105,27417,818-25,16435,395-37,011-9,13444,59145,06612,83550,94013,75714,50413,42743,752
Debtors11,066-8,504-36,636-12,59111,82644,7844221,449164-1363,780-3,1402,5942,5631,207
Creditors-2,6404,450-44,91430,9202,7448,245-6,541-794-129,149-36,454-1,640-16,2603,11810,215197,236
Accruals and Deferred Income-46,728-51,408-100,55575,09523,765-18,64728,24617,68383,548000000
Deferred Taxes & Provisions8,98220,62313,233-9,407-4,3937,9001,000-2,6005007,00000000
Cash flow from operations11,925-35,790684150,825-6,5122,869101,05642,865-50,7738,97717,3533,7766,36816,64430,104
Investing Activities
capital expenditure-66,8304,9337,411-88,508-985-50,294-3,630-3,329-15,221-25,840-1,180-9,535-9,375-6,233-17,944
Change in Investments000000000000000
cash flow from investments-66,8304,9337,411-88,508-985-50,294-3,630-3,329-15,221-25,840-1,180-9,535-9,375-6,233-17,944
Financing Activities
Bank loans002,0007,50000000000000
Group/Directors Accounts000000-62,141-19,78981,930000000
Other Short Term Loans 000000000000000
Long term loans-9,941-11,199-8,46742,50000000000000
Hire Purchase and Lease Commitments50,000-27,3911,17734,43800000000000
other long term liabilities000000000000000
share issue00000000000000100
interest2,3412,193-2,482-1,42126046333799109111112851078831
cash flow from financing42,400-36,397-7,77283,017260463-61,804-19,69082,0391111128510788131
cash and cash equivalents
cash-12,506-67,253323145,334-7,237-46,96235,62219,84716,044-16,75216,284-5,674-2,90010,49912,291
overdraft000000000000000
change in cash-12,506-67,253323145,334-7,237-46,96235,62219,84716,044-16,75216,284-5,674-2,90010,49912,291

lord browns furniture 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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Lord Browns Furniture Ltd Competitor Analysis

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Perform a competitor analysis for lord browns furniture ltd by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other micro companies, companies in BB11 area or any other competitors across 12 key performance metrics.

lord browns furniture ltd Ownership

LORD BROWNS FURNITURE LTD group structure

Lord Browns Furniture Ltd has no subsidiary companies.

Ultimate parent company

LORD BROWNS FURNITURE LTD

05591106

LORD BROWNS FURNITURE LTD Shareholders

mrs helen ashley lord 51%
mr daniel david anthony lord 49%

lord browns furniture ltd directors

Lord Browns Furniture Ltd currently has 3 directors. The longest serving directors include Mrs Helen Lord (Oct 2005) and Mr Andrew Brown (Oct 2005).

officercountryagestartendrole
Mrs Helen LordUnited Kingdom39 years Oct 2005- Director
Mr Andrew Brown66 years Oct 2005- Director
Mr Daniel LordEngland52 years Jan 2012- Director

P&L

March 2024

turnover

492.9k

-45%

operating profit

58.5k

0%

gross margin

54.3%

+30.85%

turnover

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

Balance Sheet

March 2024

net assets

401.2k

+0.13%

total assets

554.2k

+0.09%

cash

97k

-0.11%

net assets

Total assets minus all liabilities

lord browns furniture ltd company details

company number

05591106

Type

Private limited with Share Capital

industry

95240 - Repair of furniture and home furnishings

47599 - Retail sale of furniture, lighting equipment and other household articles (other than musical instruments) n.e.c., in specialised stores

incorporation date

October 2005

age

20

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

lulu browns limited (April 2023)

accountant

-

auditor

-

address

c/o macmahon leggate accountants, first floor kingsway house, burnley, BB11 1BJ

Bank

-

Legal Advisor

-

lord browns furniture 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 found 1 charges/mortgages relating to lord browns furniture ltd. Currently there are 0 open charges and 1 have been satisfied in the past.

lord browns furniture 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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lord browns furniture ltd Companies House Filings - See Documents

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