launch padz ltd

4.5

launch padz ltd Company Information

Share LAUNCH PADZ LTD
Live 
EstablishedMidDeclining

Company Number

06535842

Website

-

Registered Address

21 new walk, leicester, LE1 6TE

Industry

Specialised construction activities (other than scaffold erection) n.e.c.

 

Telephone

01162625992

Next Accounts Due

December 2024

Group Structure

View All

Directors

Joseph Levy7 Years

Richard Parker7 Years

Shareholders

bradgate estates ltd 100%

launch padz ltd Estimated Valuation

£2.5m - £10.1m

The estimated valuation range for launch padz ltd, derived from financial data as of March 2023 and the most recent industry multiples, is between £2.5m to £10.1m

launch padz ltd Estimated Valuation

£2.5m - £10.1m

The estimated valuation range for launch padz ltd, derived from financial data as of March 2023 and the most recent industry multiples, is between £2.5m to £10.1m

launch padz ltd Estimated Valuation

£2.5m - £10.1m

The estimated valuation range for launch padz ltd, derived from financial data as of March 2023 and the most recent industry multiples, is between £2.5m to £10.1m

Get a detailed valuation report, edit figures and unlock valuation multiples.

Launch Padz Ltd AI Business Plan

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Launch Padz Ltd Overview

Launch Padz Ltd is a live company located in leicester, LE1 6TE with a Companies House number of 06535842. It operates in the other specialised construction activities n.e.c. sector, SIC Code 43999. Founded in March 2008, it's largest shareholder is bradgate estates ltd with a 100% stake. Launch Padz Ltd is a established, mid sized company, Pomanda has estimated its turnover at £9.2m with declining growth in recent years.

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Launch Padz Ltd Health Check

Pomanda's financial health check has awarded Launch Padz Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

4 Strong

positive_score

3 Regular

positive_score

5 Weak

size

Size

annual sales of £9.2m, make it larger than the average company (£5.8m)

£9.2m - Launch Padz Ltd

£5.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -16%, show it is growing at a slower rate (6.2%)

-16% - Launch Padz Ltd

6.2% - Industry AVG

production

Production

with a gross margin of 24.1%, this company has a comparable cost of product (24.1%)

24.1% - Launch Padz Ltd

24.1% - Industry AVG

profitability

Profitability

an operating margin of 5.3% make it as profitable than the average company (5.5%)

5.3% - Launch Padz Ltd

5.5% - Industry AVG

employees

Employees

with 10 employees, this is below the industry average (29)

10 - Launch Padz Ltd

29 - Industry AVG

paystructure

Pay Structure

on an average salary of £44.6k, the company has an equivalent pay structure (£44.6k)

£44.6k - Launch Padz Ltd

£44.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £918.2k, this is more efficient (£181.8k)

£918.2k - Launch Padz Ltd

£181.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 5 days, this is earlier than average (57 days)

5 days - Launch Padz Ltd

57 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 0 days, this is quicker than average (38 days)

0 days - Launch Padz Ltd

38 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 222 days, this is more than average (13 days)

222 days - Launch Padz Ltd

13 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (19 weeks)

3 weeks - Launch Padz Ltd

19 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 52.1%, this is a lower level of debt than the average (62.9%)

52.1% - Launch Padz Ltd

62.9% - Industry AVG

launch padz ltd 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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Launch Padz Ltd Competitor Analysis

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Perform a competitor analysis for launch padz ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.

launch padz ltd Ownership

LAUNCH PADZ LTD group structure

Launch Padz Ltd has 3 subsidiary companies.

LAUNCH PADZ LTD Shareholders

bradgate estates ltd 100%

launch padz ltd directors

Launch Padz Ltd currently has 2 directors. The longest serving directors include Mr Joseph Levy (Jun 2016) and Mr Richard Parker (Jan 2017).

officercountryagestartendrole
Mr Joseph LevyEngland42 years Jun 2016- Director
Mr Richard ParkerEngland71 years Jan 2017- Director

LAUNCH PADZ LTD financials

EXPORTms excel logo

Launch Padz Ltd's latest turnover from March 2023 is estimated at £9.2 million and the company has net assets of £3.9 million. According to their latest financial statements, Launch Padz Ltd has 10 employees and maintains cash reserves of £61.7 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover9,181,97316,006,0039,115,36415,229,10315,191,37127,470,7848,382,88412,580,18912,524,65729,150,04224,168,50435,890,43131,528,8229,320,823
Other Income Or Grants00000000000000
Cost Of Sales6,970,92712,135,0527,006,06911,515,25711,403,24720,433,7156,197,2729,337,7899,431,40021,688,12217,778,74026,007,89522,260,4866,609,400
Gross Profit2,211,0463,870,9512,109,2953,713,8463,788,1247,037,0692,185,6133,242,4003,093,2567,461,9206,389,7649,882,5369,268,3372,711,423
Admin Expenses1,724,3163,607,8272,039,6593,544,3142,330,6444,987,1511,719,8092,557,6712,678,6827,327,6826,121,3369,700,3039,196,8912,709,327
Operating Profit486,730263,12469,636169,5321,457,4802,049,918465,804684,729414,574134,238268,428182,23371,4462,096
Interest Payable367,680254,469225,868220,245239,250220,348207,501216,722110,46322,12946,23924,11000
Interest Receivable1,7892862284294,8302,0825520814431627015150
Pre-Tax Profit120,8408,941-156,004-50,2851,223,0601,831,652258,359468,215304,256112,425222,458158,13871,4612,096
Tax-22,960-1,69900-232,381-348,014-51,672-93,643-63,894-25,858-53,390-41,116-20,009-587
Profit After Tax97,8807,242-156,004-50,285990,6791,483,638206,687374,572240,36286,567169,068117,02251,4521,509
Dividends Paid00000000000000
Retained Profit97,8807,242-156,004-50,285990,6791,483,638206,687374,572240,36286,567169,068117,02251,4521,509
Employee Costs445,748340,512291,759254,643167,56281,365120,0892,914,7132,804,4766,757,2715,734,8259,001,2088,414,7952,474,300
Number Of Employees10876423757418315825124671
EBITDA*489,086265,77972,597172,2101,459,4802,050,930466,472685,308415,153134,238268,428182,23371,4462,096

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets8,2704,6624,0445,5155,4691,2128501,1571,73600000
Intangible Assets00000000000000
Investments & Other10,05210,05210,05210,05252565656682000
Debtors (Due After 1 year)0000000003,7913,7913,7913,7913,981
Total Fixed Assets18,32214,71414,09615,5675,5211,2689061,2131,7423,7993,7933,7913,7913,981
Stock & work in progress4,251,9804,235,2944,224,6614,444,7554,071,2343,879,6123,860,1203,977,5103,807,8306,307,8056,256,8928,714,1948,296,6892,595,969
Trade Debtors141,10301,500000150722143,1421,148,725654,8535,763150,55820,371
Group Debtors3,136,8482,971,6543,138,4432,393,9132,045,1721,147,9211,175,334674,601000000
Misc Debtors493,855455,794454,004470,9611,381,7621,385,3472,469,701500,5311,167,32000001,700
Cash61,72622,46453,786402,460455,133832,893044,10439,09418,395107,92506,1960
misc current assets000002,37700000000
total current assets8,085,5127,685,2067,872,3947,712,0897,953,3017,248,1507,505,3055,197,4685,157,3867,474,9257,019,6708,719,9578,453,4432,618,040
total assets8,103,8347,699,9207,886,4907,727,6567,958,8227,249,4187,506,2115,198,6815,159,1287,478,7247,023,4638,723,7488,457,2342,622,021
Bank overdraft202,395194,857183,268154,480150,116159,811368,089129,313126,71800000
Bank loan00000000000000
Trade Creditors 6,2851,61110,0514,43032,251023,49814,328161,7132,548,0232,502,5424,803,7484,494,8441,558,404
Group/Directors Accounts611,982189,975190,9970001,568,274468,440000000
other short term finances00000000000000
hp & lease commitments00000000000000
other current liabilities109,01451,80848,423252,251266,579850,8831,038,571147,626674,27100000
total current liabilities929,676438,251432,739411,161448,9461,010,6942,998,432759,707962,7022,548,0232,502,5424,803,7484,494,8441,558,404
loans3,295,7983,481,1893,680,5133,387,2533,529,3103,249,6463,002,3993,140,2203,272,1280680,898741,85400
hp & lease commitments00000000000000
Accruals and Deferred Income00000000000000
other liabilities0000000004,247,1123,243,0013,008,1613,909,4271,062,106
provisions00001,03923017023134700000
total long term liabilities3,295,7983,481,1893,680,5133,387,2533,530,3493,249,8763,002,5693,140,4513,272,4754,247,1123,923,8993,750,0153,909,4271,062,106
total liabilities4,225,4743,919,4404,113,2523,798,4143,979,2954,260,5706,001,0013,900,1584,235,1776,795,1356,426,4418,553,7638,404,2712,620,510
net assets3,878,3603,780,4803,773,2383,929,2423,979,5272,988,8481,505,2101,298,523923,951683,589597,022169,98552,9631,511
total shareholders funds3,878,3603,780,4803,773,2383,929,2423,979,5272,988,8481,505,2101,298,523923,951683,589597,022169,98552,9631,511
Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit486,730263,12469,636169,5321,457,4802,049,918465,804684,729414,574134,238268,428182,23371,4462,096
Depreciation2,3562,6552,9612,6782,0001,01266857957900000
Amortisation00000000000000
Tax-22,960-1,69900-232,381-348,014-51,672-93,643-63,894-25,858-53,390-41,116-20,009-587
Stock16,68610,633-220,094373,521191,62219,492-117,390169,680-2,499,97550,913-2,457,302417,5055,700,7202,595,969
Debtors344,358-166,499729,073-562,060893,666-1,111,9172,469,331-134,608157,946493,872649,090-144,795128,29726,052
Creditors4,674-8,4405,621-27,82132,251-23,4989,170-147,385-2,386,31045,481-2,301,206308,9042,936,4401,558,404
Accruals and Deferred Income57,2063,385-203,828-14,328-584,304-187,688890,945-526,645674,27100000
Deferred Taxes & Provisions000-1,03980960-61-11634700000
Cash flow from operations166,962414,891-634,589317,561-409,4332,584,215-1,037,087-117,553981,596-390,924-277,956177,311-2,841,140-1,062,108
Investing Activities
capital expenditure-5,964-3,273-1,490-2,724-6,257-1,374-3610-2,31500000
Change in Investments00010,000-40050-262000
cash flow from investments-5,964-3,273-1,490-12,724-6,253-1,374-361-50-2,313-6-2000
Financing Activities
Bank loans00000000000000
Group/Directors Accounts422,007-1,022190,99700-1,568,2741,099,834468,440000000
Other Short Term Loans 00000000000000
Long term loans-185,391-199,324293,260-142,057279,664247,247-137,821-131,9083,272,128-680,898-60,956741,85400
Hire Purchase and Lease Commitments00000000000000
other long term liabilities00000000-4,247,1121,004,111234,840-901,2662,847,3211,062,106
share issue0000000000257,969002
interest-365,891-254,183-225,640-219,816-234,420-218,266-207,446-216,514-110,319-21,813-45,969-24,095150
cash flow from financing-129,275-454,529258,617-361,87345,244-1,539,293754,567120,018-1,085,303301,400385,884-183,5072,847,3361,062,108
cash and cash equivalents
cash39,262-31,322-348,674-52,673-377,760832,893-44,1045,01020,699-89,530107,925-6,1966,1960
overdraft7,53811,58928,7884,364-9,695-208,278238,7762,595126,71800000
change in cash31,724-42,911-377,462-57,037-368,0651,041,171-282,8802,415-106,019-89,530107,925-6,1966,1960

P&L

March 2023

turnover

9.2m

-43%

operating profit

486.7k

0%

gross margin

24.1%

-0.43%

turnover

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

Balance Sheet

March 2023

net assets

3.9m

+0.03%

total assets

8.1m

+0.05%

cash

61.7k

+1.75%

net assets

Total assets minus all liabilities

launch padz ltd company details

company number

06535842

Type

Private limited with Share Capital

industry

43999 - Specialised construction activities (other than scaffold erection) n.e.c.

incorporation date

March 2008

age

16

accounts

Total Exemption Full

ultimate parent company

previous names

N/A

incorporated

UK

address

21 new walk, leicester, LE1 6TE

last accounts submitted

March 2023

launch padz 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 found 17 charges/mortgages relating to launch padz ltd. Currently there are 7 open charges and 10 have been satisfied in the past.

charges

launch padz ltd Companies House Filings - See Documents

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