Pomanda estimates the enterprise value of LKIT LTD at £31.9k based on a Turnover of £61k and 0.52x industry multiple (adjusted for size and gross margin).
lkit ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of LKIT LTD at £0 based on an EBITDA of £-338 and a 3.24x industry multiple (adjusted for size and gross margin).
lkit ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of LKIT LTD at £0 based on Net Assets of £-9.6k and 2.17x industry multiple (adjusted for liquidity).
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Lkit LtdOverview
Lkit Ltd is a live company located in shipley, BD18 2BD with a Companies House number of 05967106. It operates in the ready-made interactive leisure and entertainment software development sector, SIC Code 62011. Founded in October 2006, it's largest shareholder is
lee kelly
with a 100% stake. Lkit Ltd is a established,
micro sized company, Pomanda has estimated its turnover at
£61k with
healthy
growth in recent years.
Pomanda's financial health check has awarded Lkit Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating1out of 5
1 Strong
1 Regular
6 Weak
Size
annual sales of £61k, make it smaller than the average company (£4.6m)
£61k - Lkit Ltd
£4.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a slower rate (10.3%)
6% - Lkit Ltd
10.3% - Industry AVG
Production
with a gross margin of 30.3%, this company has a higher cost of product (57%)
30.3% - Lkit Ltd
57% - Industry AVG
Profitability
an operating margin of -0.5% make it less profitable than the average company (5.2%)
-0.5% - Lkit Ltd
5.2% - Industry AVG
Employees
with 1 employees, this is below the industry average (31)
1 - Lkit Ltd
31 - Industry AVG
Pay Structure
on an average salary of £64.2k, the company has an equivalent pay structure (£64.2k)
£64.2k - Lkit Ltd
£64.2k - Industry AVG
Efficiency
resulting in sales per employee of £61k, this is less efficient (£141k)
£61k - Lkit Ltd
£141k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Lkit Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 82 days, this is slower than average (34 days)
82 days - Lkit Ltd
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Lkit Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Lkit Ltd
- - Industry AVG
Debt Level
There is insufficient data available for this Key Performance Indicator!
- - Lkit Ltd
- - Industry AVG
LKIT LTD financials
EXPORT
Lkit Ltd's latest turnover from October 2023 is estimated at £61 thousand and the company has net assets of -£9.6 thousand. According to their latest financial statements, Lkit Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Oct 2016
Oct 2015
Oct 2014
Oct 2013
Oct 2012
Oct 2011
Oct 2010
Oct 2009
Turnover
61,014
58,250
55,842
51,445
52,070
3,447
5,010
1,726
1,822
1,016
2,669
871
1,265
810
Other Income Or Grants
Cost Of Sales
42,558
41,513
39,824
36,186
36,967
2,419
3,394
1,123
1,212
671
1,754
535
804
534
Gross Profit
18,456
16,737
16,018
15,260
15,103
1,028
1,616
603
610
344
915
335
462
276
Admin Expenses
18,794
17,294
20,096
16,952
15,687
-478
3,681
762
1,134
-1,172
2,206
467
109
473
673
Operating Profit
-338
-557
-4,078
-1,692
-584
1,506
-2,065
-159
-524
1,516
-1,291
-132
353
-197
-673
Interest Payable
Interest Receivable
2
2
3
3
Pre-Tax Profit
-338
-557
-4,078
-1,692
-584
1,506
-2,065
-159
-524
1,516
-1,291
-130
355
-194
-670
Tax
-286
-318
-92
Profit After Tax
-338
-557
-4,078
-1,692
-584
1,220
-2,065
-159
-524
1,198
-1,291
-130
263
-194
-670
Dividends Paid
Retained Profit
-338
-557
-4,078
-1,692
-584
1,220
-2,065
-159
-524
1,198
-1,291
-130
263
-194
-670
Employee Costs
64,181
60,213
56,206
53,121
55,240
55,108
53,148
53,015
54,058
52,221
49,973
49,991
48,233
46,218
Number Of Employees
1
1
1
1
1
1
1
1
1
1
1
1
1
1
EBITDA*
-338
-557
-4,078
-1,692
-584
1,506
-2,065
-159
-524
1,516
-1,201
-132
555
-100
-545
* Earnings Before Interest, Tax, Depreciation and Amortisation
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Oct 2016
Oct 2015
Oct 2014
Oct 2013
Oct 2012
Oct 2011
Oct 2010
Oct 2009
Tangible Assets
638
90
30
232
97
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
638
90
30
232
97
Stock & work in progress
Trade Debtors
161
214
136
110
Group Debtors
Misc Debtors
Cash
789
1,197
misc current assets
total current assets
161
1,003
136
1,307
total assets
638
251
1,033
368
1,404
Bank overdraft
Bank loan
Trade Creditors
9,601
9,263
9,344
4,628
2,936
2,352
3,572
1,507
1,348
824
2,021
981
1,633
1,232
2,074
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
9,601
9,263
9,344
4,628
2,936
2,352
3,572
1,507
1,348
824
2,021
981
1,633
1,232
2,074
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
9,601
9,263
9,344
4,628
2,936
2,352
3,572
1,507
1,348
824
2,021
981
1,633
1,232
2,074
net assets
-9,601
-9,263
-8,706
-4,628
-2,936
-2,352
-3,572
-1,507
-1,348
-824
-2,021
-730
-600
-864
-670
total shareholders funds
-9,601
-9,263
-8,706
-4,628
-2,936
-2,352
-3,572
-1,507
-1,348
-824
-2,021
-730
-600
-864
-670
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Oct 2016
Oct 2015
Oct 2014
Oct 2013
Oct 2012
Oct 2011
Oct 2010
Oct 2009
Operating Activities
Operating Profit
-338
-557
-4,078
-1,692
-584
1,506
-2,065
-159
-524
1,516
-1,291
-132
353
-197
-673
Depreciation
90
202
97
128
Amortisation
Tax
-286
-318
-92
Stock
Debtors
-161
-53
78
26
110
Creditors
338
-81
4,716
1,692
584
-1,220
2,065
159
524
-1,197
1,040
-652
401
-842
2,074
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations
-638
638
1
-731
786
-968
1,419
Investing Activities
capital expenditure
638
-638
-60
-232
-225
Change in Investments
cash flow from investments
638
-638
-60
-232
-225
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
-1
1
interest
2
2
3
3
cash flow from financing
-1
2
3
3
3
cash and cash equivalents
cash
-789
789
-1,197
1,197
overdraft
change in cash
-789
789
-1,197
1,197
lkit ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for lkit ltd. Get real-time insights into lkit ltd's credit score, group structure and payment trends.
Perform a competitor analysis for lkit ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in BD18 area or any other competitors across 12 key performance metrics.
lkit ltd Ownership
LKIT LTD group structure
Lkit Ltd has no subsidiary companies.
Ultimate parent company
LKIT LTD
05967106
LKIT LTD Shareholders
The sole shareholder of Lkit Ltd is Lee Kelly.
lee kelly
100%
lkit ltd directors
Lkit Ltd currently has 1 director, Ms Wendy Bowyer serving since Jun 2019.
62012 - Business and domestic software development
62011 - Ready-made interactive leisure and entertainment software development
incorporation date
October 2006
age
19
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
October 2023
previous names
N/A
accountant
-
auditor
-
address
11 norwood terrace, shipley, BD18 2BD
Bank
-
Legal Advisor
-
lkit 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 did not find charges/mortgages relating to lkit ltd.
lkit 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.
Click to start generating capital raising & share issue transactions for LKIT LTD. This can take several minutes, an email will notify you when this has completed.
