L G P (developments) Limited

POWER SEARCH PRICING

SOLUTIONS

l g p (developments) limited Company Information

Live

EstablishedMicroDeclining

Company Number

06205919

Website

www.lspdevelopments.co.uk

Registered Address

unit 1 office 1, tower lane business park, warmley, bristol, BS30 8XT

Industry

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

Buying and selling of own real estate

Telephone

01530567070

Next Accounts Due

January 2025

Group Structure

View All

Directors

Glenn Hancock17 Years

Luigi Botta11 Years

Shareholders

mr glenn hancock 33.3%

glenn hancock & mr luigi botta 33.3%

View All

l g p (developments) limited Estimated Valuation

£1.1m

Pomanda estimates the enterprise value of L G P (DEVELOPMENTS) LIMITED at £1.1m based on a Turnover of £373.6k and 2.84x industry multiple (adjusted for size and gross margin).

Edit your figures and get a professional valuation report.

L G P (developments) Limited is a live company located in warmley, BS30 8XT with a Companies House number of 06205919. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in April 2007, it's largest shareholder is mr glenn hancock with a 33.3% stake. L G P (developments) Limited is a established, micro sized company, Pomanda has estimated its turnover at £373.6k with declining growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded L G P (Developments) Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs

Health Rating3.5out of 5

2 Strong

3 Regular

4 Weak

Size

annual sales of £373.6k, make it smaller than the average company (£825.6k)

Growth

3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (2.1%)

EXPORT

L G P (Developments) Limited's latest turnover from April 2023 is estimated at £373.6 thousand and the company has net assets of £555.9 thousand. According to their latest financial statements, L G P (Developments) Limited has 2 employees and maintains cash reserves of £20.9 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Apr 2023	Apr 2022	Apr 2021	Apr 2020	Apr 2019	Apr 2018	Apr 2017	Apr 2016	Apr 2015	Apr 2014	Apr 2013	Apr 2012	Apr 2011	Apr 2010
Turnover	373,635	348,734	327,222	386,021	353,947	0	0	0	571,244	1,874,990	1,746,896	1,698,994	1,581,554	1,514,898
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	109,719	106,720	99,973	115,546	106,155	0	0	0	204,686	718,483	638,758	614,864	561,920	528,299
Gross Profit	263,916	242,014	227,249	270,475	247,791	0	0	0	366,558	1,156,508	1,108,138	1,084,130	1,019,633	986,599
Admin Expenses	223,778	187,850	201,010	223,015	202,453	-47,754	-42,565	-30,879	350,123	1,135,108	1,092,717	1,085,159	1,015,437	1,023,219
Operating Profit	40,138	54,164	26,239	47,460	45,338	47,754	42,565	30,879	16,435	21,400	15,421	-1,029	4,196	-36,620
Interest Payable	50,290	33,051	29,868	29,868	33,052	31,828	30,604	15,914	0	0	0	0	0	0
Interest Receivable	1,690	359	41	37	192	81	28	78	80	72	53	30	28	11
Pre-Tax Profit	-8,462	21,472	-3,589	17,628	12,478	16,007	11,989	15,043	16,515	21,472	15,474	-999	4,224	-36,609
Tax	0	-4,080	0	-3,349	-2,371	-3,041	-2,278	-3,008	-3,303	-4,509	-3,559	0	-1,098	0
Profit After Tax	-8,462	17,392	-3,589	14,279	10,107	12,966	9,711	12,034	13,212	16,963	11,915	-999	3,126	-36,609
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	-8,462	17,392	-3,589	14,279	10,107	12,966	9,711	12,034	13,212	16,963	11,915	-999	3,126	-36,609
Employee Costs	68,136	66,299	63,046	68,306	66,630	0	0	0	91,922	308,976	294,510	287,128	258,018	286,595
Number Of Employees	2	2	2	2	2	0	0	0	3	10	10	10	9	10
EBITDA*	40,152	54,183	26,264	47,494	45,383	47,814	42,662	30,992	16,588	21,602	15,690	-668	4,676	-35,981

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Apr 2023	Apr 2022	Apr 2021	Apr 2020	Apr 2019	Apr 2018	Apr 2017	Apr 2016	Apr 2015	Apr 2014	Apr 2013	Apr 2012	Apr 2011	Apr 2010
Tangible Assets	43	57	76	101	940,135	940,180	600,240	600,337	600,450	600,603	550,805	551,074	517,608	518,088
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Investments & Other	1,000,000	940,000	940,000	940,000	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
Total Fixed Assets	1,000,043	940,057	940,076	940,101	940,135	940,180	600,240	600,337	600,450	600,603	550,805	551,074	517,608	518,088
Stock & work in progress	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Debtors	0	0	0	0	0	0	0	0	550	0	0	0	0	0
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	27,545	365	352	39	26	13	0	0	0	0	0	0	0	0
Cash	20,933	58,603	37,007	44,343	29,053	22,098	10,423	12,073	19,001	12,998	15,953	5,389	6,613	4,548
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	48,478	58,968	37,359	44,382	29,079	22,111	10,423	12,073	19,551	12,998	15,953	5,389	6,613	4,548
total assets	1,048,521	999,025	977,435	984,483	969,214	962,291	610,663	612,410	620,001	613,601	566,758	556,463	524,221	522,636
Bank overdraft	14,857	14,827	14,826	0	0	489,664	489,664	489,664	0	0	0	0	0	0
Bank loan	0	0	0	14,826	14,826	0	0	0	0	0	0	0	0	0
Trade Creditors	0	0	0	0	0	0	0	0	528,563	535,375	555,495	557,115	557,701	559,242
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other short term finances	0	0	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other current liabilities	1,020	5,039	842	4,301	3,311	6,478	7,816	19,274	0	0	0	0	0	0
total current liabilities	15,877	19,866	15,668	19,127	18,137	496,142	497,480	508,938	528,563	535,375	555,495	557,115	557,701	559,242
loans	476,768	474,821	474,821	474,821	474,821	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0	0
provisions	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total long term liabilities	476,768	474,821	474,821	474,821	474,821	0	0	0	0	0	0	0	0	0
total liabilities	492,645	494,687	490,489	493,948	492,958	496,142	497,480	508,938	528,563	535,375	555,495	557,115	557,701	559,242
net assets	555,876	504,338	486,946	490,535	476,256	466,149	113,183	103,472	91,438	78,226	11,263	-652	-33,480	-36,606
total shareholders funds	555,876	504,338	486,946	490,535	476,256	466,149	113,183	103,472	91,438	78,226	11,263	-652	-33,480	-36,606

	Apr 2023	Apr 2022	Apr 2021	Apr 2020	Apr 2019	Apr 2018	Apr 2017	Apr 2016	Apr 2015	Apr 2014	Apr 2013	Apr 2012	Apr 2011	Apr 2010
Operating Activities
Operating Profit	40,138	54,164	26,239	47,460	45,338	47,754	42,565	30,879	16,435	21,400	15,421	-1,029	4,196	-36,620
Depreciation	14	19	25	34	45	60	97	113	153	202	269	361	480	639
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	0	-4,080	0	-3,349	-2,371	-3,041	-2,278	-3,008	-3,303	-4,509	-3,559	0	-1,098	0
Stock	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Debtors	27,180	13	313	13	13	13	0	-550	550	0	0	0	0	0
Creditors	0	0	0	0	0	0	0	-528,563	-6,812	-20,120	-1,620	-586	-1,541	559,242
Accruals and Deferred Income	-4,019	4,197	-3,459	990	-3,167	-1,338	-11,458	19,274	0	0	0	0	0	0
Deferred Taxes & Provisions	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash flow from operations	8,953	54,287	22,492	45,122	39,832	43,422	28,926	-480,755	5,923	-3,027	10,511	-1,254	2,037	523,261
Investing Activities
capital expenditure	0	0	0	940,000	0	-340,000	0	0	0	-50,000	0	-33,827	0	-518,727
Change in Investments	60,000	0	0	940,000	0	0	0	0	0	0	0	0	0	0
cash flow from investments	-60,000	0	0	0	0	-340,000	0	0	0	-50,000	0	-33,827	0	-518,727
Financing Activities
Bank loans	0	0	-14,826	0	14,826	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Short Term Loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long term loans	1,947	0	0	0	474,821	0	0	0	0	0	0	0	0	0
Hire Purchase and Lease Commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other long term liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0	0
share issue	60,000	0	0	0	0	340,000	0	0	0	50,000	0	33,827	0	3
interest	-48,600	-32,692	-29,827	-29,831	-32,860	-31,747	-30,576	-15,836	80	72	53	30	28	11
cash flow from financing	13,347	-32,692	-44,653	-29,831	456,787	308,253	-30,576	-15,836	80	50,072	53	33,857	28	14
cash and cash equivalents
cash	-37,670	21,596	-7,336	15,290	6,955	11,675	-1,650	-6,928	6,003	-2,955	10,564	-1,224	2,065	4,548
overdraft	30	1	14,826	0	-489,664	0	0	489,664	0	0	0	0	0	0
change in cash	-37,700	21,595	-22,162	15,290	496,619	11,675	-1,650	-496,592	6,003	-2,955	10,564	-1,224	2,065	4,548

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for l g p (developments) limited. Get real-time insights into l g p (developments) limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for l g p (developments) limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in BS30 area or any other competitors across 12 key performance metrics.

L G P (DEVELOPMENTS) LIMITED group structure

L G P (Developments) Limited has no subsidiary companies.

Ultimate parent company

L G P (DEVELOPMENTS) LIMITED

06205919

L G P (DEVELOPMENTS) LIMITED Shareholders

mr glenn hancock	33.33%
glenn hancock & mr luigi botta	33.33%
mr luigi botta	33.33%

L G P (Developments) Limited currently has 2 directors. The longest serving directors include Mr Glenn Hancock (Apr 2007) and Mr Luigi Botta (Mar 2013).

officer	country	age	start	end	role
Mr Glenn Hancock	United Kingdom	59 years	Apr 2007	-	Director
Mr Luigi Botta		58 years	Mar 2013	-	Director

P&L

April 2023

turnover

373.6k

+7%

operating profit

40.1k

gross margin

70.7%

+1.78%

turnover

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

Balance Sheet

April 2023

net assets

555.9k

+0.1%

total assets

+0.05%

cash

20.9k

-0.64%

net assets

Total assets minus all liabilities

Similar Companies

consort properties limited

altavia investments ltd

1.5

nutview limited

2.5

ion steam mill limited

3.5

staines commons limited

company number

06205919

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.

68100 - Buying and selling of own real estate

incorporation date

April 2007

accounts

Total Exemption Full

ultimate parent company

None

previous names

N/A

last accounts submitted

April 2023

address

unit 1 office 1, tower lane business park, warmley, bristol, BS30 8XT

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 l g p (developments) limited. Currently there are 2 open charges and 0 have been satisfied in the past.

l g p (developments) limited Company Information

l g p (developments) limited Estimated Valuation

l g p (developments) limited Estimated Valuation

l g p (developments) limited Estimated Valuation

L G P (developments) Limited Overview

L G P (developments) Limited Health Check

L G P (DEVELOPMENTS) LIMITED financials

l g p (developments) limited Credit Report and Business Information

L G P (developments) Limited Competitor Analysis

l g p (developments) limited Ownership

l g p (developments) limited directors

l g p (developments) limited company details

l g p (developments) limited Charges & Mortgages

l g p (developments) limited Companies House Filings - See Documents