east london lift accommodation services no2 limited

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east london lift accommodation services no2 limited Company Information

Share EAST LONDON LIFT ACCOMMODATION SERVICES NO2 LIMITED
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EstablishedSmallHealthy

Company Number

05611479

Website

-

Registered Address

challenge house, international drive, tewkesbury, gloucestershire, GL20 8UQ

Industry

Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

 

Telephone

-

Next Accounts Due

September 2025

Group Structure

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Directors

Paul Andrews15 Years

Neil Rae11 Years

View All

Shareholders

east london lift holdco no.2 ltd 100%

east london lift accommodation services no2 limited Estimated Valuation

£9.3m

Pomanda estimates the enterprise value of EAST LONDON LIFT ACCOMMODATION SERVICES NO2 LIMITED at £9.3m based on a Turnover of £3.2m and 2.9x industry multiple (adjusted for size and gross margin).

east london lift accommodation services no2 limited Estimated Valuation

£10.2m

Pomanda estimates the enterprise value of EAST LONDON LIFT ACCOMMODATION SERVICES NO2 LIMITED at £10.2m based on an EBITDA of £1.6m and a 6.35x industry multiple (adjusted for size and gross margin).

east london lift accommodation services no2 limited Estimated Valuation

£4m

Pomanda estimates the enterprise value of EAST LONDON LIFT ACCOMMODATION SERVICES NO2 LIMITED at £4m based on Net Assets of £2.5m and 1.6x industry multiple (adjusted for liquidity).

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East London Lift Accommodation Services No2 Limited Overview

East London Lift Accommodation Services No2 Limited is a live company located in tewkesbury, GL20 8UQ with a Companies House number of 05611479. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in November 2005, it's largest shareholder is east london lift holdco no.2 ltd with a 100% stake. East London Lift Accommodation Services No2 Limited is a established, small sized company, Pomanda has estimated its turnover at £3.2m with healthy growth in recent years.

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East London Lift Accommodation Services No2 Limited Health Check

Pomanda's financial health check has awarded East London Lift Accommodation Services No2 Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

5 Strong

positive_score

1 Regular

positive_score

4 Weak

size

Size

annual sales of £3.2m, make it larger than the average company (£921.2k)

£3.2m - East London Lift Accommodation Services No2 Limited

£921.2k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (2.8%)

14% - East London Lift Accommodation Services No2 Limited

2.8% - Industry AVG

production

Production

with a gross margin of 50.2%, this company has a higher cost of product (73.1%)

50.2% - East London Lift Accommodation Services No2 Limited

73.1% - Industry AVG

profitability

Profitability

an operating margin of 50.2% make it more profitable than the average company (23.9%)

50.2% - East London Lift Accommodation Services No2 Limited

23.9% - Industry AVG

employees

Employees

with 16 employees, this is above the industry average (4)

16 - East London Lift Accommodation Services No2 Limited

4 - Industry AVG

paystructure

Pay Structure

There is insufficient data available for this Key Performance Indicator!

- - East London Lift Accommodation Services No2 Limited

- - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £200.7k, this is equally as efficient (£200.8k)

£200.7k - East London Lift Accommodation Services No2 Limited

£200.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 60 days, this is later than average (31 days)

60 days - East London Lift Accommodation Services No2 Limited

31 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 10 days, this is quicker than average (35 days)

10 days - East London Lift Accommodation Services No2 Limited

35 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - East London Lift Accommodation Services No2 Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 76 weeks, this is more cash available to meet short term requirements (14 weeks)

76 weeks - East London Lift Accommodation Services No2 Limited

14 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 93.1%, this is a higher level of debt than the average (67.8%)

93.1% - East London Lift Accommodation Services No2 Limited

67.8% - Industry AVG

EAST LONDON LIFT ACCOMMODATION SERVICES NO2 LIMITED financials

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East London Lift Accommodation Services No2 Limited's latest turnover from December 2023 is £3.2 million and the company has net assets of £2.5 million. According to their latest financial statements, we estimate that East London Lift Accommodation Services No2 Limited has 16 employees and maintains cash reserves of £6.4 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover3,211,0002,946,0002,291,0002,177,0001,325,0001,746,0001,233,0001,038,0001,042,0001,112,0001,250,0003,788,0003,755,0003,533,0003,630,000
Other Income Or Grants000000000000000
Cost Of Sales1,598,0001,601,0001,259,0001,289,000737,000911,000691,000554,000596,000725,000787,0001,261,0001,352,0001,192,0001,484,000
Gross Profit1,613,0001,345,0001,032,000888,000588,000835,000542,000484,000446,000387,000463,0002,527,0002,403,0002,341,0002,146,000
Admin Expenses000-72,0000000000255,000221,000222,000199,000
Operating Profit1,613,0001,345,0001,032,000960,000588,000835,000542,000484,000446,000387,000463,0002,272,0002,182,0002,119,0001,947,000
Interest Payable1,740,0001,796,0001,854,0001,924,0001,973,0002,018,0002,126,0002,196,0002,219,0002,260,0002,305,0002,325,0002,347,0002,359,0002,418,000
Interest Receivable2,035,0001,929,0001,893,0001,975,0001,876,0001,916,0001,972,0002,034,0002,091,0002,149,0002,245,00014,00012,0009,00021,000
Pre-Tax Profit1,908,0001,478,0001,071,0001,011,000491,000733,000388,000322,000318,000276,000403,000-39,000-153,000-231,000-450,000
Tax-478,000157,000-1,104,000-446,000-151,000-124,000-64,000-134,00032,000-54,00039,00021,000-34,000130,00087,000
Profit After Tax1,430,0001,635,000-33,000565,000340,000609,000324,000188,000350,000222,000442,000-18,000-187,000-101,000-363,000
Dividends Paid712,000238,0000263,000261,000318,000378,00056,000203,0002,450,00000000
Retained Profit718,0001,397,000-33,000302,00079,000291,000-54,000132,000147,000-2,228,000442,000-18,000-187,000-101,000-363,000
Employee Costs0000263,7750000000000
Number Of Employees16161515912986778565
EBITDA*1,613,0001,345,0001,032,000960,000588,000835,000542,000484,000446,000387,000463,0003,079,0002,986,0002,923,0002,748,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets0000000000030,483,00031,290,00032,094,00032,898,000
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)28,897,00029,273,00029,674,00029,812,00029,851,00030,438,00031,412,00032,558,00033,295,00034,716,00034,366,0000000
Total Fixed Assets28,897,00029,273,00029,674,00029,812,00029,851,00030,438,00031,412,00032,558,00033,295,00034,716,00034,366,00030,483,00031,290,00032,094,00032,898,000
Stock & work in progress000000000000000
Trade Debtors529,000437,0009,000206,000252,000851,0007,00054,00083,000181,00052,000475,000802,000245,000358,000
Group Debtors0000007,00000187,000106,000453,000315,000246,000246,000
Misc Debtors103,000184,000277,00079,0003,0002,000679,000627,000576,000335,000593,0008,00042,00040,00071,000
Cash6,442,0006,086,0005,485,0005,035,0004,498,0004,265,0003,908,0003,647,0003,117,0005,066,0002,462,0003,758,0003,203,0003,591,0003,322,000
misc current assets00000000002,380,0000000
total current assets7,074,0006,707,0005,771,0005,320,0004,753,0005,118,0004,601,0004,328,0003,776,0005,769,0005,593,0004,694,0004,362,0004,122,0003,997,000
total assets35,971,00035,980,00035,445,00035,132,00034,604,00035,556,00036,013,00036,886,00037,071,00040,485,00039,959,00035,177,00035,652,00036,216,00036,895,000
Bank overdraft0000000717,00000589,0000000
Bank loan992,000952,000761,000753,000819,000781,000764,0000682,000592,0000557,000520,000427,000325,000
Trade Creditors 48,00015,00046,00057,00040,000387,00088,00051,00033,000146,000115,00085,000110,00097,000155,000
Group/Directors Accounts47,00042,00038,00038,00037,00036,00009,00033,0002,450,000031,00031,00028,00028,000
other short term finances162,000156,000125,000124,000134,000128,000125,000117,000112,00097,00097,00092,00086,00071,00055,000
hp & lease commitments000000000000000
other current liabilities3,134,0002,761,0002,281,0001,830,000471,000358,000466,000388,000386,000353,000402,000487,000429,000427,000437,000
total current liabilities4,383,0003,926,0003,251,0002,802,0001,501,0001,690,0001,443,0001,282,0001,246,0003,638,0001,203,0001,252,0001,176,0001,050,0001,000,000
loans26,910,00027,486,00034,985,00038,546,00038,428,00039,549,00041,649,00043,554,00041,994,00043,745,00039,816,00034,943,00035,593,00036,199,00036,697,000
hp & lease commitments000000000000000
Accruals and Deferred Income306,000328,000343,000353,000365,000374,000382,000364,000332,000298,000269,0000000
other liabilities000000000000000
provisions1,879,0002,031,000848,00001,365,0001,214,0001,091,0001,027,000893,000925,000871,000291,000174,00071,000201,000
total long term liabilities29,095,00029,845,00036,176,00038,899,00040,158,00041,137,00043,122,00044,945,00043,219,00044,968,00040,956,00035,234,00035,767,00036,270,00036,898,000
total liabilities33,478,00033,771,00039,427,00041,701,00041,659,00042,827,00044,565,00046,227,00044,465,00048,606,00042,159,00036,486,00036,943,00037,320,00037,898,000
net assets2,493,0002,209,000-3,982,000-6,569,000-7,055,000-7,271,000-8,552,000-9,341,000-7,394,000-8,121,000-2,200,000-1,309,000-1,291,000-1,104,000-1,003,000
total shareholders funds2,493,0002,209,000-3,982,000-6,569,000-7,055,000-7,271,000-8,552,000-9,341,000-7,394,000-8,121,000-2,200,000-1,309,000-1,291,000-1,104,000-1,003,000
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit1,613,0001,345,0001,032,000960,000588,000835,000542,000484,000446,000387,000463,0002,272,0002,182,0002,119,0001,947,000
Depreciation00000000000807,000804,000804,000801,000
Amortisation000000000000000
Tax-478,000157,000-1,104,000-446,000-151,000-124,000-64,000-134,00032,000-54,00039,00021,000-34,000130,00087,000
Stock000000000000000
Debtors-365,000-66,000-137,000-9,000-1,185,000-814,000-1,134,000-715,000-1,465,000302,00034,181,000-223,000628,000-144,000675,000
Creditors33,000-31,000-11,00017,000-347,000299,00037,00018,000-113,00031,00030,000-25,00013,000-58,000155,000
Accruals and Deferred Income351,000465,000441,0001,347,000104,000-116,00096,00034,00067,000-20,000184,00058,0002,000-10,000437,000
Deferred Taxes & Provisions-152,0001,183,000848,000-1,365,000151,000123,00064,000134,000-32,00054,000580,000117,000103,000-130,000201,000
Cash flow from operations1,732,0003,185,0001,343,000522,0001,530,0001,831,0001,809,0001,251,0001,865,00096,000-32,885,0003,473,0002,442,0002,999,0002,953,000
Investing Activities
capital expenditure000000000030,483,000000-33,699,000
Change in Investments000000000000000
cash flow from investments000000000030,483,000000-33,699,000
Financing Activities
Bank loans40,000191,0008,000-66,00038,00017,000764,000-682,00090,000592,000-557,00037,00093,000102,000325,000
Group/Directors Accounts5,0004,00001,0001,00036,000-9,000-24,000-2,417,0002,450,000-31,00003,000028,000
Other Short Term Loans 6,00031,0001,000-10,0006,0003,0008,0005,00015,00005,0006,00015,00016,00055,000
Long term loans-576,000-7,499,000-3,561,000118,000-1,121,000-2,100,000-1,905,0001,560,000-1,751,0003,929,0004,873,000-650,000-606,000-498,00036,697,000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue-434,0004,794,0002,620,000184,000137,000990,000843,000-2,079,000580,000-3,693,000-1,333,000000-640,000
interest295,000133,00039,00051,000-97,000-102,000-154,000-162,000-128,000-111,000-60,000-2,311,000-2,335,000-2,350,000-2,397,000
cash flow from financing-664,000-2,346,000-893,000278,000-1,036,000-1,156,000-453,000-1,382,000-3,611,0003,167,0002,897,000-2,918,000-2,830,000-2,730,00034,068,000
cash and cash equivalents
cash356,000601,000450,000537,000233,000357,000261,000530,000-1,949,0002,604,000-1,296,000555,000-388,000269,0003,322,000
overdraft000000-717,000717,0000-589,000589,0000000
change in cash356,000601,000450,000537,000233,000357,000978,000-187,000-1,949,0003,193,000-1,885,000555,000-388,000269,0003,322,000

east london lift accommodation services no2 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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East London Lift Accommodation Services No2 Limited Competitor Analysis

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Perform a competitor analysis for east london lift accommodation services no2 limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.

east london lift accommodation services no2 limited Ownership

EAST LONDON LIFT ACCOMMODATION SERVICES NO2 LIMITED group structure

East London Lift Accommodation Services No2 Limited has no subsidiary companies.

Ultimate parent company

2 parents

EAST LONDON LIFT ACCOMMODATION SERVICES NO2 LIMITED

05611479

EAST LONDON LIFT ACCOMMODATION SERVICES NO2 LIMITED Shareholders

east london lift holdco no.2 ltd 100%

east london lift accommodation services no2 limited directors

East London Lift Accommodation Services No2 Limited currently has 4 directors. The longest serving directors include Mr Paul Andrews (Sep 2008) and Mr Neil Rae (Jul 2012).

officercountryagestartendrole
Mr Paul AndrewsEngland54 years Sep 2008- Director
Mr Neil RaeUnited Kingdom52 years Jul 2012- Director
Mr Alan RitchieUnited Kingdom57 years Sep 2019- Director
Ms Philippa RobinsonUnited Kingdom68 years Jan 2022- Director

P&L

December 2023

turnover

3.2m

+9%

operating profit

1.6m

+20%

gross margin

50.3%

+10.03%

turnover

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

Balance Sheet

December 2023

net assets

2.5m

+0.13%

total assets

36m

0%

cash

6.4m

+0.06%

net assets

Total assets minus all liabilities

east london lift accommodation services no2 limited company details

company number

05611479

Type

Private limited with Share Capital

industry

68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

incorporation date

November 2005

age

19

accounts

Small Company

previous names

N/A

incorporated

UK

address

challenge house, international drive, tewkesbury, gloucestershire, GL20 8UQ

last accounts submitted

December 2023

east london lift accommodation services no2 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 3 charges/mortgages relating to east london lift accommodation services no2 limited. Currently there are 3 open charges and 0 have been satisfied in the past.

charges

east london lift accommodation services no2 limited Companies House Filings - See Documents

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