l & d flowers limited

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l & d flowers limited Company Information

Share L & D FLOWERS LIMITED

Company Number

05729536

Directors

James Lacey

Judith Lacey

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Shareholders

simon james dobney

james alexander lacey

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Group Structure

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Industry

Growing of vegetables and melons, roots and tubers

 +2

Registered Address

the poplars herdgate lane, pinchbeck, spalding, PE11 3UP

l & d flowers limited Estimated Valuation

£4.4m

Pomanda estimates the enterprise value of L & D FLOWERS LIMITED at £4.4m based on a Turnover of £8.8m and 0.5x industry multiple (adjusted for size and gross margin).

l & d flowers limited Estimated Valuation

£1.2m

Pomanda estimates the enterprise value of L & D FLOWERS LIMITED at £1.2m based on an EBITDA of £353.7k and a 3.51x industry multiple (adjusted for size and gross margin).

l & d flowers limited Estimated Valuation

£1.3m

Pomanda estimates the enterprise value of L & D FLOWERS LIMITED at £1.3m based on Net Assets of £927.5k and 1.38x industry multiple (adjusted for liquidity).

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L & D Flowers Limited Overview

L & D Flowers Limited is a live company located in spalding, PE11 3UP with a Companies House number of 05729536. It operates in the growing of cereals (except rice), leguminous crops and oil seeds sector, SIC Code 01110. Founded in March 2006, it's largest shareholder is simon james dobney with a 33.3% stake. L & D Flowers Limited is a established, mid sized company, Pomanda has estimated its turnover at £8.8m with high growth in recent years.

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L & D Flowers Limited Health Check

Pomanda's financial health check has awarded L & D Flowers Limited a 3.5 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 Rating3.5out of 5
positive_score

4 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £8.8m, make it smaller than the average company (£11.5m)

£8.8m - L & D Flowers Limited

£11.5m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 22%, show it is growing at a faster rate (6.4%)

22% - L & D Flowers Limited

6.4% - Industry AVG

production

Production

with a gross margin of 24%, this company has a comparable cost of product (24%)

24% - L & D Flowers Limited

24% - Industry AVG

profitability

Profitability

an operating margin of 0.4% make it less profitable than the average company (5%)

0.4% - L & D Flowers Limited

5% - Industry AVG

employees

Employees

with 31 employees, this is below the industry average (90)

31 - L & D Flowers Limited

90 - Industry AVG

paystructure

Pay Structure

on an average salary of £34.6k, the company has an equivalent pay structure (£34.6k)

£34.6k - L & D Flowers Limited

£34.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £284.2k, this is more efficient (£142.8k)

£284.2k - L & D Flowers Limited

£142.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 12 days, this is earlier than average (27 days)

12 days - L & D Flowers Limited

27 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 97 days, this is slower than average (34 days)

97 days - L & D Flowers Limited

34 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 130 days, this is more than average (50 days)

130 days - L & D Flowers Limited

50 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (11 weeks)

0 weeks - L & D Flowers Limited

11 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 84.8%, this is a higher level of debt than the average (51.3%)

84.8% - L & D Flowers Limited

51.3% - Industry AVG

L & D FLOWERS LIMITED financials

EXPORTms excel logo

L & D Flowers Limited's latest turnover from April 2024 is estimated at £8.8 million and the company has net assets of £927.5 thousand. According to their latest financial statements, L & D Flowers Limited has 31 employees and maintains cash reserves of £7 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Nov 2016Nov 2015Nov 2014Nov 2013Nov 2012Nov 2011Nov 2010Nov 2009
Turnover8,811,6488,132,0807,461,8484,846,2096,154,0624,180,5883,670,5503,320,1813,520,1762,813,0162,173,6021,902,8451,540,654670,878
Other Income Or Grants
Cost Of Sales6,700,5346,528,2615,739,3783,816,1364,944,8643,317,2342,830,8922,526,8392,760,0012,147,8001,698,9201,360,4431,063,189485,370
Gross Profit2,111,1151,603,8191,722,4691,030,0731,209,198863,354839,657793,342760,175665,216474,681542,402477,465185,508
Admin Expenses2,080,1231,404,798938,9371,011,5151,008,825654,692474,355806,917706,745685,566222,471530,599438,024-49,67560,451
Operating Profit30,992199,021783,53218,558200,373208,662365,302-13,57553,430-20,350252,21011,80339,441235,183-60,451
Interest Payable148,128126,69382,74279,15073,27274,52433,76364,37531,9044,0338,2426,2882,079
Interest Receivable3,18856381822213131
Pre-Tax Profit-117,13675,516701,353-60,592127,101134,138331,540-77,95021,608-24,301243,9705,51737,376235,196-60,450
Tax-18,879-133,257-24,149-25,486-62,993-4,321-56,113-1,324-9,718-65,855
Profit After Tax-117,13656,637568,096-60,592102,952108,652268,547-77,95017,286-24,301187,8574,19327,658169,341-60,450
Dividends Paid
Retained Profit-117,13656,637568,096-60,592102,952108,652268,547-77,95017,286-24,301187,8574,19327,658169,341-60,450
Employee Costs1,073,469810,718639,417692,172451,583322,110442,838551,943947,359688,133521,927452,998374,521158,032
Number Of Employees312421241712172237282219167
EBITDA*353,729523,724997,601218,881294,402389,771584,518174,637206,808102,007385,472133,103107,396258,034-34,993

* Earnings Before Interest, Tax, Depreciation and Amortisation

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Nov 2016Nov 2015Nov 2014Nov 2013Nov 2012Nov 2011Nov 2010Nov 2009
Tangible Assets2,798,3872,751,5742,592,1711,745,0291,528,0061,965,4761,886,1762,081,4671,817,548833,149689,833650,373465,158282,453136,315
Intangible Assets3,8606,3855,6733,8622,6971,948
Investments & Other50505050505050505050505050
Debtors (Due After 1 year)
Total Fixed Assets2,802,2972,758,0092,597,8941,748,9411,530,7531,967,4741,886,2262,081,5171,817,598833,199689,883650,423465,208282,453136,315
Stock & work in progress2,388,9482,213,2641,948,6291,368,1921,483,856948,415668,278738,306525,569469,469527,762366,739337,38220,05251,180
Trade Debtors299,121233,952245,451151,663508,218282,012291,560147,217177,563109,91768,81282,82684,74375,41871,938
Group Debtors
Misc Debtors621,022469,343737,122321,612197,014109,52788,86128,201
Cash77150,01677777732,5753063063064,816305
misc current assets
total current assets3,309,0982,916,5663,081,2181,841,4742,189,0951,339,9611,048,706913,731703,139611,961596,880449,871422,431100,286123,423
total assets6,111,3955,674,5755,679,1123,590,4153,719,8483,307,4352,934,9322,995,2482,520,7371,445,1601,286,7631,100,294887,639382,739259,738
Bank overdraft613,319561,710728,834247,603544,683432,608242,059176,356132,107124,087129,50663,956
Bank loan
Trade Creditors 1,795,8641,712,5481,987,9751,028,6721,221,8461,052,309960,823919,506808,145691,487488,613545,481472,793151,110285,188
Group/Directors Accounts217,218265,416244,160244,160285,733218,728199,492165,400
other short term finances
hp & lease commitments421,798233,214237,24634,60940,79665,29879,753172,228156,136127,21988,833102,40970,32032,39715,507
other current liabilities176,535105,04372,466287,626301,743119,254223,795138,033
total current liabilities3,224,7342,877,9313,270,6811,842,6702,394,8011,888,1971,705,9221,571,5231,096,388818,706701,533777,396607,069183,507300,695
loans637,636820,726360,7831,114,394688,407736,671796,788902,006849,541
hp & lease commitments927,112601,757834,97155,37939,777145,92840,907104,392141,033220,314171,157134,706103,11960,86719,193
Accruals and Deferred Income
other liabilities79,53562,493
provisions314,922329,569224,722158,113116,412159,140122,468110,900111,891101,54285,17447,15040,60229,174
total long term liabilities1,959,2051,752,0521,420,4761,327,886844,5961,041,739960,1631,179,7911,102,465321,856256,331181,856143,72190,04119,193
total liabilities5,183,9394,629,9834,691,1573,170,5563,239,3972,929,9362,666,0852,751,3142,198,8531,140,562957,864959,252750,790273,548319,888
net assets927,4561,044,592987,955419,859480,451377,499268,847243,934321,884304,598328,899141,042136,849109,191-60,150
total shareholders funds927,4561,044,592987,955419,859480,451377,499268,847243,934321,884304,598328,899141,042136,849109,191-60,150
Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Nov 2016Nov 2015Nov 2014Nov 2013Nov 2012Nov 2011Nov 2010Nov 2009
Operating Activities
Operating Profit30,992199,021783,53218,558200,373208,662365,302-13,57553,430-20,350252,21011,80339,441235,183-60,451
Depreciation320,212322,427212,162199,30493,407180,692219,216188,212153,378122,357133,262121,30067,95522,85125,458
Amortisation2,5252,2761,9071,019622417
Tax-18,879-133,257-24,149-25,486-62,993-4,321-56,113-1,324-9,718-65,855
Stock175,684264,635580,437-115,664535,441280,137668,278212,73756,100-58,293161,02329,357317,330-31,12851,180
Debtors216,848-279,278509,298-231,957313,69311,118380,421-2,14567,64641,105-14,014-1,9179,3253,48071,938
Creditors83,316-275,427959,303-193,174169,53791,486960,823111,361116,658202,874-56,86872,688321,683-134,078285,188
Accruals and Deferred Income71,49232,577-215,160-14,117182,489-104,541223,795138,033
Deferred Taxes & Provisions-14,647104,84766,60941,701-42,72836,672122,468-99110,34916,36838,0246,54811,42829,174
Cash flow from operations101,358381,485585,361400,912-269,58396,647779,912212,448205,748338,437163,506183,575104,134114,923127,077
Investing Activities
capital expenditure-367,025-484,818-1,063,022-418,511342,692-262,357-2,105,392-452,131-1,137,777-265,673-172,722-306,515-250,660-168,989-161,773
Change in Investments5050
cash flow from investments-367,025-484,818-1,063,022-418,511342,692-262,357-2,105,442-452,131-1,137,777-265,673-172,722-306,515-250,710-168,989-161,773
Financing Activities
Bank loans
Group/Directors Accounts-48,19821,256-41,57367,00519,236199,492165,400
Other Short Term Loans
Long term loans-183,090459,943-753,611425,987-48,264-60,117796,78852,465849,541
Hire Purchase and Lease Commitments513,939-237,246982,2299,415-130,65390,566120,660-20,549-50,36487,54322,87563,67680,17558,56434,700
other long term liabilities79,53562,493
share issue300300
interest-148,128-123,505-82,179-79,150-73,272-74,524-33,763-64,375-31,823-3,951-8,240-6,286-2,066131
cash flow from financing214,058120,448146,439314,679-185,184-24,8391,083,477195,434767,35483,59214,63557,39078,10958,57735,001
cash and cash equivalents
cash-150,009150,0097-32,56832,269-4,5104,511305
overdraft51,609-167,124481,231-297,080112,075190,549242,05944,249132,107-124,087-5,41965,55063,956
change in cash-51,60917,115-331,222297,080-112,075-190,549-242,052-44,249-164,675156,3565,419-65,550-68,4664,511305

l & d flowers 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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L & D Flowers Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for l & d flowers limited by selecting its closest rivals, whether from the AGRICULTURE, FORESTRY AND FISHING sector, other mid companies, companies in PE11 area or any other competitors across 12 key performance metrics.

l & d flowers limited Ownership

L & D FLOWERS LIMITED group structure

L & D Flowers Limited has no subsidiary companies.

Ultimate parent company

L & D FLOWERS LIMITED

05729536

L & D FLOWERS LIMITED Shareholders

simon james dobney 33.33%
james alexander lacey 33.33%
judith elsie lacey 16.67%
robert alexander lacey 16.67%

l & d flowers limited directors

L & D Flowers Limited currently has 5 directors. The longest serving directors include Mr James Lacey (Mar 2006) and Mrs Judith Lacey (Mar 2006).

officercountryagestartendrole
Mr James Lacey41 years Mar 2006- Director
Mrs Judith Lacey66 years Mar 2006- Director
Mr Robert Lacey72 years Mar 2006- Director
Miss Laura CookEngland41 years Jul 2022- Director
Mr Richard StevensonEngland45 years Apr 2024- Director

P&L

April 2024

turnover

8.8m

+8%

operating profit

31k

0%

gross margin

24%

+21.48%

turnover

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

Balance Sheet

April 2024

net assets

927.5k

-0.11%

total assets

6.1m

+0.08%

cash

7

0%

net assets

Total assets minus all liabilities

l & d flowers limited company details

company number

05729536

Type

Private limited with Share Capital

industry

01110 - Growing of cereals (except rice), leguminous crops and oil seeds

01130 - Growing of vegetables and melons, roots and tubers

01190 - Growing of other non-perennial crops

incorporation date

March 2006

age

19

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

April 2024

previous names

N/A

accountant

MOORE THOMPSON

auditor

-

address

the poplars herdgate lane, pinchbeck, spalding, PE11 3UP

Bank

-

Legal Advisor

-

l & d flowers 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 l & d flowers limited. Currently there are 3 open charges and 0 have been satisfied in the past.

l & d flowers 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.

Click to start generating capital raising & share issue transactions for L & D FLOWERS LIMITED. This can take several minutes, an email will notify you when this has completed.

l & d flowers limited Companies House Filings - See Documents

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