lmc plastics limited Company Information
Company Number
05849623
Website
www.exapol.co.ukRegistered Address
units 9-11, lower road trading estate, ledbury, herefordshire, HR8 2DJ
Industry
Manufacture of builders’ ware of plastic
Telephone
-
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
linthwaite holdings 100%
lmc plastics limited Estimated Valuation
Pomanda estimates the enterprise value of LMC PLASTICS LIMITED at £1.7m based on a Turnover of £4.5m and 0.39x industry multiple (adjusted for size and gross margin).
lmc plastics limited Estimated Valuation
Pomanda estimates the enterprise value of LMC PLASTICS LIMITED at £0 based on an EBITDA of £-325.6k and a 3.29x industry multiple (adjusted for size and gross margin).
lmc plastics limited Estimated Valuation
Pomanda estimates the enterprise value of LMC PLASTICS LIMITED at £0 based on Net Assets of £-507.8k and 1.86x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Lmc Plastics Limited Overview
Lmc Plastics Limited is a live company located in ledbury, HR8 2DJ with a Companies House number of 05849623. It operates in the manufacture of builders ware of plastic sector, SIC Code 22230. Founded in June 2006, it's largest shareholder is linthwaite holdings with a 100% stake. Lmc Plastics Limited is a established, small sized company, Pomanda has estimated its turnover at £4.5m with high growth in recent years.
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Lmc Plastics Limited Health Check
Pomanda's financial health check has awarded Lmc Plastics Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
4 Regular
7 Weak
Size
annual sales of £4.5m, make it smaller than the average company (£21.1m)
- Lmc Plastics Limited
£21.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 19%, show it is growing at a faster rate (12.2%)
- Lmc Plastics Limited
12.2% - Industry AVG
Production
with a gross margin of 27.9%, this company has a comparable cost of product (27.9%)
- Lmc Plastics Limited
27.9% - Industry AVG
Profitability
an operating margin of -13.6% make it less profitable than the average company (6.3%)
- Lmc Plastics Limited
6.3% - Industry AVG
Employees
with 44 employees, this is below the industry average (126)
44 - Lmc Plastics Limited
126 - Industry AVG
Pay Structure
on an average salary of £38.7k, the company has an equivalent pay structure (£38.7k)
- Lmc Plastics Limited
£38.7k - Industry AVG
Efficiency
resulting in sales per employee of £101.6k, this is less efficient (£165.6k)
- Lmc Plastics Limited
£165.6k - Industry AVG
Debtor Days
it gets paid by customers after 30 days, this is near the average (37 days)
- Lmc Plastics Limited
37 days - Industry AVG
Creditor Days
its suppliers are paid after 38 days, this is close to average (38 days)
- Lmc Plastics Limited
38 days - Industry AVG
Stock Days
it holds stock equivalent to 59 days, this is more than average (38 days)
- Lmc Plastics Limited
38 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (14 weeks)
0 weeks - Lmc Plastics Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 112.6%, this is a higher level of debt than the average (55.6%)
112.6% - Lmc Plastics Limited
55.6% - Industry AVG
LMC PLASTICS LIMITED financials
Lmc Plastics Limited's latest turnover from December 2023 is estimated at £4.5 million and the company has net assets of -£507.8 thousand. According to their latest financial statements, Lmc Plastics Limited has 44 employees and maintains cash reserves of £39.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 1,430,091 | 961,488 | 772,858 | ||||||||||||
Other Income Or Grants | |||||||||||||||
Cost Of Sales | |||||||||||||||
Gross Profit | |||||||||||||||
Admin Expenses | |||||||||||||||
Operating Profit | |||||||||||||||
Interest Payable | |||||||||||||||
Interest Receivable | |||||||||||||||
Pre-Tax Profit | |||||||||||||||
Tax | |||||||||||||||
Profit After Tax | |||||||||||||||
Dividends Paid | |||||||||||||||
Retained Profit | |||||||||||||||
Employee Costs | |||||||||||||||
Number Of Employees | 44 | 42 | 35 | 34 | 37 | 31 | 28 | 25 | |||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 2,680,935 | 1,452,352 | 1,067,944 | 956,680 | 949,576 | 337,964 | 349,300 | 296,470 | 329,260 | 365,559 | 134,811 | 63,808 | 59,574 | 86,304 | 108,122 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 2,680,935 | 1,452,352 | 1,067,944 | 956,680 | 949,576 | 337,964 | 349,300 | 296,470 | 329,260 | 365,559 | 134,811 | 63,808 | 59,574 | 86,304 | 108,122 |
Stock & work in progress | 523,575 | 865,599 | 593,716 | 341,095 | 332,305 | 195,124 | 151,163 | 133,519 | 135,373 | 60,790 | 96,303 | 60,280 | 53,135 | 26,862 | 19,846 |
Trade Debtors | 379,152 | 389,461 | 296,116 | 258,794 | 337,068 | 169,979 | 392,439 | 561,708 | 414,764 | 581,926 | 385,186 | 217,255 | 212,712 | 158,156 | 87,022 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 418,308 | 49,323 | 79,546 | 44,728 | 46,313 | 49,059 | 43,153 | 38,063 | 28,118 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 39,913 | 179,099 | 29,283 | 53,496 | 4,734 | 11,078 | 11,245 | 4,706 | 6,082 | 20,602 | 59,091 | 31,590 | 0 | 0 | 8 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 24,667 | 24,530 | 20,400 | 20,120 |
total current assets | 1,360,948 | 1,483,482 | 998,661 | 698,113 | 720,420 | 425,240 | 598,000 | 737,996 | 584,337 | 663,318 | 540,580 | 333,792 | 290,377 | 205,418 | 126,996 |
total assets | 4,041,883 | 2,935,834 | 2,066,605 | 1,654,793 | 1,669,996 | 763,204 | 947,300 | 1,034,466 | 913,597 | 1,028,877 | 675,391 | 397,600 | 349,951 | 291,722 | 235,118 |
Bank overdraft | 0 | 0 | 0 | 0 | 27,083 | 108,333 | 108,333 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 337,247 | 468,023 | 669,129 | 340,647 | 268,272 | 237,821 | 496,648 | 508,036 | 395,137 | 946,568 | 478,167 | 263,179 | 258,491 | 215,136 | 151,239 |
Group/Directors Accounts | 2,085,024 | 1,637,703 | 775,499 | 820,734 | 891,206 | 910,794 | 556,622 | 235,841 | 247,883 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 20,000 | 20,000 | 30,000 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 562,875 | 106,674 | 0 | 0 | 5,550 | 16,684 | 19,360 | 14,742 | 17,457 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 160,201 | 182,637 | 191,031 | 349,283 | 510,766 | 233,416 | 347,761 | 419,235 | 272,647 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 3,145,347 | 2,395,037 | 1,635,659 | 1,510,664 | 1,702,877 | 1,507,048 | 1,548,724 | 1,197,854 | 963,124 | 946,568 | 478,167 | 263,179 | 258,491 | 215,136 | 151,239 |
loans | 0 | 0 | 0 | 0 | 0 | 27,083 | 135,416 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 962,386 | 238,045 | 0 | 0 | 0 | 10,596 | 26,871 | 7,235 | 21,977 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,112 | 14,937 | 12,282 | 28,331 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 55,573 | 19,415 | 17,068 | 18,841 | 17,857 | 23,416 |
provisions | 441,971 | 135,778 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 21,554 | 0 | 0 | 0 | 0 |
total long term liabilities | 1,404,357 | 373,823 | 0 | 0 | 0 | 37,679 | 162,287 | 7,235 | 21,977 | 55,573 | 40,969 | 20,180 | 33,778 | 30,139 | 51,747 |
total liabilities | 4,549,704 | 2,768,860 | 1,635,659 | 1,510,664 | 1,702,877 | 1,544,727 | 1,711,011 | 1,205,089 | 985,101 | 1,002,141 | 519,136 | 283,359 | 292,269 | 245,275 | 202,986 |
net assets | -507,821 | 166,974 | 430,946 | 144,129 | -32,881 | -781,523 | -763,711 | -170,623 | -71,504 | 26,736 | 156,255 | 114,241 | 57,682 | 46,447 | 32,132 |
total shareholders funds | -507,821 | 166,974 | 430,946 | 144,129 | -32,881 | -781,523 | -763,711 | -170,623 | -71,504 | 26,736 | 156,255 | 114,241 | 57,682 | 46,447 | 32,132 |
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | |||||||||||||||
Depreciation | 284,087 | 91,927 | 43,062 | 38,316 | 67,604 | 58,547 | 49,228 | 43,930 | 43,757 | 30,855 | 42,458 | 29,470 | 37,564 | 33,918 | 30,554 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | |||||||||||||||
Stock | -342,024 | 271,883 | 252,621 | 8,790 | 137,181 | 43,961 | 17,644 | -1,854 | 74,583 | -35,513 | 36,023 | 7,145 | 26,273 | 7,016 | 19,846 |
Debtors | 358,676 | 63,122 | 72,140 | -79,859 | 164,343 | -216,554 | -164,179 | 156,889 | -139,044 | 196,740 | 167,931 | 4,543 | 54,556 | 71,134 | 87,022 |
Creditors | -130,776 | -201,106 | 328,482 | 72,375 | 30,451 | -258,827 | -11,388 | 112,899 | -551,431 | 468,401 | 214,988 | 4,688 | 43,355 | 63,897 | 151,239 |
Accruals and Deferred Income | -22,436 | -8,394 | -158,252 | -161,483 | 277,350 | -114,345 | -71,474 | 146,588 | 272,647 | 0 | -3,112 | -11,825 | 2,655 | -16,049 | 28,331 |
Deferred Taxes & Provisions | 306,193 | 135,778 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -21,554 | 21,554 | 0 | 0 | 0 | 0 |
Cash flow from operations | |||||||||||||||
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | |||||||||||||||
Financing Activities | |||||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 447,321 | 862,204 | -45,235 | -70,472 | -19,588 | 354,172 | 320,781 | -12,042 | 247,883 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | -20,000 | 0 | -10,000 | 30,000 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | -27,083 | -108,333 | 135,416 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 1,180,542 | 344,719 | 0 | -5,550 | -21,730 | -18,951 | 24,254 | -17,457 | 39,434 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -55,573 | 36,158 | 2,347 | -1,773 | 984 | -5,559 | 23,416 |
share issue | |||||||||||||||
interest | |||||||||||||||
cash flow from financing | |||||||||||||||
cash and cash equivalents | |||||||||||||||
cash | -139,186 | 149,816 | -24,213 | 48,762 | -6,344 | -167 | 6,539 | -1,376 | -14,520 | -38,489 | 27,501 | 31,590 | 0 | -8 | 8 |
overdraft | 0 | 0 | 0 | -27,083 | -81,250 | 0 | 108,333 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | -139,186 | 149,816 | -24,213 | 75,845 | 74,906 | -167 | -101,794 | -1,376 | -14,520 | -38,489 | 27,501 | 31,590 | 0 | -8 | 8 |
lmc plastics limited Credit Report and Business Information
Lmc Plastics Limited Competitor Analysis
Perform a competitor analysis for lmc plastics limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in HR8 area or any other competitors across 12 key performance metrics.
lmc plastics limited Ownership
LMC PLASTICS LIMITED group structure
Lmc Plastics Limited has no subsidiary companies.
Ultimate parent company
2 parents
LMC PLASTICS LIMITED
05849623
lmc plastics limited directors
Lmc Plastics Limited currently has 2 directors. The longest serving directors include Mr David Merrick (Dec 2013) and Mr Francis Gittus (May 2019).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr David Merrick | United Kingdom | 66 years | Dec 2013 | - | Director |
Mr Francis Gittus | 69 years | May 2019 | - | Director |
P&L
December 2023turnover
4.5m
-3%
operating profit
-609.7k
0%
gross margin
28%
-1.16%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-507.8k
-4.04%
total assets
4m
+0.38%
cash
39.9k
-0.78%
net assets
Total assets minus all liabilities
lmc plastics limited company details
company number
05849623
Type
Private limited with Share Capital
industry
22230 - Manufacture of builders’ ware of plastic
incorporation date
June 2006
age
18
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
exapol limited (August 2020)
accountant
MILNE CRAIG
auditor
-
address
units 9-11, lower road trading estate, ledbury, herefordshire, HR8 2DJ
Bank
HSBC BANK PLC
Legal Advisor
-
lmc plastics 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 2 charges/mortgages relating to lmc plastics limited. Currently there are 2 open charges and 0 have been satisfied in the past.
lmc plastics limited Companies House Filings - See Documents
date | description | view/download |
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