london bags limited Company Information
Group Structure
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Industry
Other personal service activities n.e.c.
Registered Address
220 the vale, london, NW11 8SR
Website
www.lfbags.co.uklondon bags limited Estimated Valuation
Pomanda estimates the enterprise value of LONDON BAGS LIMITED at £11.7k based on a Turnover of £22k and 0.53x industry multiple (adjusted for size and gross margin).
london bags limited Estimated Valuation
Pomanda estimates the enterprise value of LONDON BAGS LIMITED at £0 based on an EBITDA of £-1.2k and a 3.16x industry multiple (adjusted for size and gross margin).
london bags limited Estimated Valuation
Pomanda estimates the enterprise value of LONDON BAGS LIMITED at £0 based on Net Assets of £-1.2k and 2.41x industry multiple (adjusted for liquidity).
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London Bags Limited Overview
London Bags Limited is a dissolved company that was located in london, NW11 8SR with a Companies House number of 06556693. It operated in the other service activities n.e.c. sector, SIC Code 96090. Founded in April 2008, it's largest shareholder was pei tzu tu with a 100% stake. The last turnover for London Bags Limited was estimated at £22k.
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London Bags Limited Health Check
Pomanda's financial health check has awarded London Bags Limited 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
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1 Strong
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1 Regular
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6 Weak
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Size
annual sales of £22k, make it smaller than the average company (£784.5k)
- London Bags Limited
£784.5k - Industry AVG
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Growth
3 year (CAGR) sales growth of 19%, show it is growing at a faster rate (3.6%)
- London Bags Limited
3.6% - Industry AVG
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Production
with a gross margin of 18.5%, this company has a higher cost of product (39.6%)
- London Bags Limited
39.6% - Industry AVG
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Profitability
an operating margin of -5.7% make it less profitable than the average company (7.1%)
- London Bags Limited
7.1% - Industry AVG
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Employees
with 1 employees, this is below the industry average (15)
1 - London Bags Limited
15 - Industry AVG
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Pay Structure
on an average salary of £27.1k, the company has an equivalent pay structure (£27.1k)
- London Bags Limited
£27.1k - Industry AVG
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Efficiency
resulting in sales per employee of £22k, this is less efficient (£68.5k)
- London Bags Limited
£68.5k - Industry AVG
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Debtor Days
There is insufficient data available for this Key Performance Indicator!
- London Bags Limited
- - Industry AVG
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Creditor Days
its suppliers are paid after 24 days, this is quicker than average (41 days)
- London Bags Limited
41 days - Industry AVG
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Stock Days
There is insufficient data available for this Key Performance Indicator!
- London Bags Limited
- - Industry AVG
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Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - London Bags Limited
- - Industry AVG
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Debt Level
There is insufficient data available for this Key Performance Indicator!
- - London Bags Limited
- - Industry AVG
LONDON BAGS LIMITED financials
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London Bags Limited's latest turnover from March 2022 is estimated at £22 thousand and the company has net assets of -£1.2 thousand. According to their latest financial statements, London Bags Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | |||||||||||||
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 | 1 | 1 | 1 | 1 | |||||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 0 | 0 | 0 | 0 | 0 | 354 | 472 | 630 | 0 | 0 | 0 | 0 | 0 |
Intangible Assets | 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 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 354 | 472 | 630 | 0 | 0 | 0 | 0 | 0 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 0 | 477 | 651 | 351 | 750 | 1,265 | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 0 | 0 | 0 | 0 | 0 | 0 | 7,989 | 4,631 | 0 | 0 | 0 | 0 | 0 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 0 | 477 | 651 | 351 | 750 | 1,265 | 7,990 | 4,631 | 0 | 0 | 0 | 0 | 0 |
total assets | 0 | 477 | 651 | 351 | 750 | 1,619 | 8,462 | 5,261 | 0 | 0 | 0 | 0 | 0 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 1,206 | 438 | 614 | 1,005 | 2,081 | 1,377 | 6,924 | 4,372 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 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 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 1,206 | 438 | 614 | 1,005 | 2,081 | 1,377 | 6,924 | 4,372 | 0 | 0 | 0 | 0 | 0 |
loans | 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 |
Accruals and Deferred Income | 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 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total liabilities | 1,206 | 438 | 614 | 1,005 | 2,081 | 1,377 | 6,924 | 4,372 | 0 | 0 | 0 | 0 | 0 |
net assets | -1,206 | 39 | 37 | -654 | -1,331 | 242 | 1,538 | 889 | 0 | 0 | 0 | 0 | 0 |
total shareholders funds | -1,206 | 39 | 37 | -654 | -1,331 | 242 | 1,538 | 889 | 0 | 0 | 0 | 0 | 0 |
Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||
Operating Profit | |||||||||||||
Depreciation | 0 | 0 | 0 | 0 | 158 | 0 | |||||||
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
Tax | |||||||||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | -477 | -174 | 300 | -399 | -515 | 1,264 | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
Creditors | 768 | -176 | -391 | -1,076 | 704 | -5,547 | 2,552 | 4,372 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 |
cash flow from investments | |||||||||||||
Financing Activities | |||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 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 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 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 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | |||||||||||||
interest | |||||||||||||
cash flow from financing | |||||||||||||
cash and cash equivalents | |||||||||||||
cash | 0 | 0 | 0 | 0 | 0 | -7,989 | 3,358 | 4,631 | 0 | 0 | 0 | 0 | 0 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 0 | 0 | 0 | 0 | 0 | -7,989 | 3,358 | 4,631 | 0 | 0 | 0 | 0 | 0 |
london bags limited Credit Report and Business Information
London Bags Limited Competitor Analysis
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Perform a competitor analysis for london bags limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other undefined companies, companies in NW11 area or any other competitors across 12 key performance metrics.
london bags limited Ownership
LONDON BAGS LIMITED group structure
London Bags Limited has no subsidiary companies.
Ultimate parent company
LONDON BAGS LIMITED
06556693
london bags limited directors
London Bags Limited currently has 1 director, Ms Pei-Tzu Tu serving since Apr 2014.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Ms Pei-Tzu Tu | United Kingdom | 41 years | Apr 2014 | - | Director |
P&L
March 2022turnover
22k
+62%
operating profit
-1.2k
0%
gross margin
18.5%
+6.42%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2022net assets
-1.2k
-31.92%
total assets
0
-1%
cash
0
0%
net assets
Total assets minus all liabilities
london bags limited company details
company number
06556693
Type
Private limited with Share Capital
industry
96090 - Other personal service activities n.e.c.
incorporation date
April 2008
age
17
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2022
previous names
N/A
accountant
-
auditor
-
address
220 the vale, london, NW11 8SR
Bank
-
Legal Advisor
-
london bags 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 did not find charges/mortgages relating to london bags limited.
london bags 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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london bags limited Companies House Filings - See Documents
date | description | view/download |
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