20/30 labs limited

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20/30 labs limited Company Information

Share 20/30 LABS LIMITED

Company Number

06178552

Shareholders

mett lindsay-smart

Group Structure

View All

Industry

Technical testing and analysis

 

Registered Address

1-2 charterhouse mews, london, EC1M 6BB

20/30 labs limited Estimated Valuation

£4.4m

Pomanda estimates the enterprise value of 20/30 LABS LIMITED at £4.4m based on a Turnover of £4.5m and 0.96x industry multiple (adjusted for size and gross margin).

20/30 labs limited Estimated Valuation

£0

Pomanda estimates the enterprise value of 20/30 LABS LIMITED at £0 based on an EBITDA of £-799.4k and a 6.22x industry multiple (adjusted for size and gross margin).

20/30 labs limited Estimated Valuation

£3.7m

Pomanda estimates the enterprise value of 20/30 LABS LIMITED at £3.7m based on Net Assets of £1.4m and 2.58x industry multiple (adjusted for liquidity).

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20/30 Labs Limited Overview

20/30 Labs Limited is a live company located in london, EC1M 6BB with a Companies House number of 06178552. It operates in the technical testing and analysis sector, SIC Code 71200. Founded in March 2007, it's largest shareholder is mett lindsay-smart with a 100% stake. 20/30 Labs Limited is a established, small sized company, Pomanda has estimated its turnover at £4.5m with declining growth in recent years.

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20/30 Labs Limited Health Check

Pomanda's financial health check has awarded 20/30 Labs Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

4 Strong

positive_score

5 Regular

positive_score

3 Weak

size

Size

annual sales of £4.5m, make it in line with the average company (£4.5m)

£4.5m - 20/30 Labs Limited

£4.5m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -5%, show it is growing at a slower rate (3.3%)

-5% - 20/30 Labs Limited

3.3% - Industry AVG

production

Production

with a gross margin of 45%, this company has a comparable cost of product (45%)

45% - 20/30 Labs Limited

45% - Industry AVG

profitability

Profitability

an operating margin of -21.4% make it less profitable than the average company (5.4%)

-21.4% - 20/30 Labs Limited

5.4% - Industry AVG

employees

Employees

with 45 employees, this is above the industry average (36)

45 - 20/30 Labs Limited

36 - Industry AVG

paystructure

Pay Structure

on an average salary of £44.7k, the company has an equivalent pay structure (£44.7k)

£44.7k - 20/30 Labs Limited

£44.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £100.3k, this is equally as efficient (£99.3k)

£100.3k - 20/30 Labs Limited

£99.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 62 days, this is near the average (56 days)

62 days - 20/30 Labs Limited

56 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 76 days, this is slower than average (28 days)

76 days - 20/30 Labs Limited

28 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 49 days, this is more than average (21 days)

49 days - 20/30 Labs Limited

21 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 32 weeks, this is more cash available to meet short term requirements (15 weeks)

32 weeks - 20/30 Labs Limited

15 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 49.8%, this is a lower level of debt than the average (58.9%)

49.8% - 20/30 Labs Limited

58.9% - Industry AVG

20/30 LABS LIMITED financials

EXPORTms excel logo

20/30 Labs Limited's latest turnover from September 2023 is estimated at £4.5 million and the company has net assets of £1.4 million. According to their latest financial statements, 20/30 Labs Limited has 45 employees and maintains cash reserves of £805.2 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Sep 2023Sep 2022Sep 2021Sep 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover4,515,7295,530,3625,344,1305,252,5973,877,2693,366,6382,800,3513,244,3222,633,3612,475,6401,680,4951,832,6071,283,661972,125
Other Income Or Grants00000000000000
Cost Of Sales2,485,0592,963,8612,757,7962,733,2211,974,7011,845,7531,476,1531,521,6581,221,1751,090,741750,825890,815640,605470,639
Gross Profit2,030,6712,566,5012,586,3342,519,3761,902,5671,520,8851,324,1981,722,6641,412,1871,384,899929,669941,791643,056501,487
Admin Expenses2,996,6262,877,013242,2872,087,9492,078,5511,489,8751,465,1791,461,7821,441,7851,157,9021,000,782856,254521,981176,920
Operating Profit-965,955-310,5122,344,047431,427-175,98431,010-140,981260,882-29,598226,997-71,11385,537121,075324,567
Interest Payable007,7277,7270000000000
Interest Receivable50,56646,5351,7602602773262551,1061,167547359504407107
Pre-Tax Profit-915,389-263,9772,338,080423,960-175,70731,336-140,726261,989-28,431227,544-70,75486,041121,482324,674
Tax00-444,235-80,5520-5,9540-52,3980-52,3350-22,371-34,015-90,909
Profit After Tax-915,389-263,9771,893,845343,408-175,70725,382-140,726209,591-28,431175,209-70,75463,67087,467233,765
Dividends Paid00000000000000
Retained Profit-915,389-263,9771,893,845343,408-175,70725,382-140,726209,591-28,431175,209-70,75463,67087,467233,765
Employee Costs2,012,1432,537,0302,647,4282,196,0871,784,5661,440,5031,103,6881,346,4351,089,0001,077,640754,402826,808546,228413,833
Number Of Employees4560665245383039303123251713
EBITDA*-799,373-152,2002,494,046565,050-112,786105,979-63,480378,70776,750322,715-21,220236,260149,686360,147

* Earnings Before Interest, Tax, Depreciation and Amortisation

Sep 2023Sep 2022Sep 2021Sep 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets511,171583,140622,245343,543210,531255,265298,477336,893319,467287,153166,891150,723113,359136,090
Intangible Assets5,4690000000000000
Investments & Other00000000000000
Debtors (Due After 1 year)000145,7130000000000
Total Fixed Assets516,640583,140622,245489,256210,531255,265298,477336,893319,467287,153166,891150,723113,359136,090
Stock & work in progress339,276106,129139,89231,9997,4107,4105,3794,9635,0665,1224,7834,2903,3102,969
Trade Debtors770,0981,091,4131,046,4821,103,800787,755751,968624,866712,675511,749508,918365,905359,323225,434164,206
Group Debtors00000000000000
Misc Debtors432,590301,607132,307104,4440000069,103121,103165,295113,055134,474
Cash805,2161,121,0933,015,387504,99915,51958,39971,989132,229310,315156,50962,35481,205120,29042,683
misc current assets00000000000000
total current assets2,347,1802,620,2424,334,0681,745,242810,684817,777702,234849,867827,130739,652554,145610,113462,089344,332
total assets2,863,8203,203,3824,956,3132,234,4981,021,2151,073,0421,000,7111,186,7601,146,5971,026,805721,036760,836575,448480,422
Bank overdraft00000000000000
Bank loan00024,1660000000000
Trade Creditors 518,800265,351305,663518,920627,916447,905383,832414,650565,973371,254329,708315,924242,268215,703
Group/Directors Accounts00000000000000
other short term finances00000000000000
hp & lease commitments00000000000000
other current liabilities782,958477,5581,918,594728,6290000000000
total current liabilities1,301,758742,9092,224,2571,271,715627,916447,905383,832414,650565,973371,254329,708315,924242,268215,703
loans000229,1670000000000
hp & lease commitments00000000000000
Accruals and Deferred Income00000000000000
other liabilities00010,24213,33333,55241,29549,41382,535133,36165,89748,0843,58820,710
provisions124,154107,176114,7820035,91245,29351,68036,66332,33310,78311,4267,8609,744
total long term liabilities124,154107,176114,782239,40913,33369,46486,588101,093119,198165,69476,68059,51011,44830,454
total liabilities1,425,912850,0852,339,0391,511,124641,249517,369470,420515,743685,171536,948406,388375,434253,716246,157
net assets1,437,9082,353,2972,617,274723,374379,966555,673530,291671,017461,426489,857314,648385,402321,732234,265
total shareholders funds1,437,9082,353,2972,617,274723,374379,966555,673530,291671,017461,426489,857314,648385,402321,732234,265
Sep 2023Sep 2022Sep 2021Sep 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit-965,955-310,5122,344,047431,427-175,98431,010-140,981260,882-29,598226,997-71,11385,537121,075324,567
Depreciation164,956158,312149,999133,62363,19874,96977,501117,825106,34895,71849,893150,72328,61135,580
Amortisation1,6260000000000000
Tax00-444,235-80,5520-5,9540-52,3980-52,3350-22,371-34,015-90,909
Stock233,147-33,763107,89324,58902,031416-103-563394939803412,969
Debtors-190,332214,231-175,168566,20235,787127,102-87,809200,926-66,27291,013-37,610186,12939,809298,680
Creditors253,449-40,312-213,257-108,996180,01164,073-30,818-151,323194,71941,54613,78473,65626,565215,703
Accruals and Deferred Income305,400-1,441,0361,189,965728,6290000000000
Deferred Taxes & Provisions16,978-7,606114,7820-35,912-9,381-6,38715,0174,33021,550-6433,566-1,8849,744
Cash flow from operations-266,361-1,821,6223,208,576513,340-4,47425,584-13,292-10,820342,127242,12429,038104,002100,202193,036
Investing Activities
capital expenditure-100,082-119,207-428,701-266,635-18,464-31,757-39,085-135,251-138,662-215,980-66,061-188,087-5,880-171,670
Change in Investments00000000000000
cash flow from investments-100,082-119,207-428,701-266,635-18,464-31,757-39,085-135,251-138,662-215,980-66,061-188,087-5,880-171,670
Financing Activities
Bank loans00-24,16624,1660000000000
Group/Directors Accounts00000000000000
Other Short Term Loans 00000000000000
Long term loans00-229,167229,1670000000000
Hire Purchase and Lease Commitments00000000000000
other long term liabilities00-10,242-3,091-20,219-7,743-8,118-33,122-50,82667,46417,81344,496-17,12220,710
share issue00550000000000500
interest50,56646,535-5,967-7,4672773262551,1061,167547359504407107
cash flow from financing50,56646,535-269,487242,775-19,942-7,417-7,863-32,016-49,65968,01118,17245,000-16,71521,317
cash and cash equivalents
cash-315,877-1,894,2942,510,388489,480-42,880-13,590-60,240-178,086153,80694,155-18,851-39,08577,60742,683
overdraft00000000000000
change in cash-315,877-1,894,2942,510,388489,480-42,880-13,590-60,240-178,086153,80694,155-18,851-39,08577,60742,683

20/30 labs 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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20/30 Labs Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for 20/30 labs limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in EC1M area or any other competitors across 12 key performance metrics.

20/30 labs limited Ownership

20/30 LABS LIMITED group structure

20/30 Labs Limited has 1 subsidiary company.

Ultimate parent company

20/30 LABS LIMITED

06178552

1 subsidiary

20/30 LABS LIMITED Shareholders

mett lindsay-smart 100%

20/30 labs limited directors

20/30 Labs Limited currently has 5 directors. The longest serving directors include Mrs Mett Lindsay-Smart (Mar 2007) and Mr Anthony Laughton (Mar 2021).

officercountryagestartendrole
Mrs Mett Lindsay-Smart46 years Mar 2007- Director
Mr Anthony LaughtonEngland41 years Mar 2021- Director
Ms Britt SchuursEngland36 years Aug 2024- Director
Joep BruinsEngland52 years Aug 2024- Director
Mr Vincent BremmerNetherlands50 years Jan 2025- Director

P&L

September 2023

turnover

4.5m

-18%

operating profit

-966k

0%

gross margin

45%

-3.1%

turnover

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

Balance Sheet

September 2023

net assets

1.4m

-0.39%

total assets

2.9m

-0.11%

cash

805.2k

-0.28%

net assets

Total assets minus all liabilities

20/30 labs limited company details

company number

06178552

Type

Private limited with Share Capital

industry

71200 - Technical testing and analysis

incorporation date

March 2007

age

18

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

September 2023

previous names

N/A

accountant

ANSTEYBOND

auditor

-

address

1-2 charterhouse mews, london, EC1M 6BB

Bank

-

Legal Advisor

-

20/30 labs 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 1 charges/mortgages relating to 20/30 labs limited. Currently there are 0 open charges and 1 have been satisfied in the past.

20/30 labs 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.

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20/30 labs limited Companies House Filings - See Documents

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