limitear ltd
limitear ltd Company Information
Company Number
06849403
Next Accounts
Jun 2025
Shareholders
the era foundation
damian mcclaughlin
View AllGroup Structure
View All
Industry
Manufacture of electronic components
Registered Address
boundary house boston road, london, W7 2QE
Website
www.limitear.comlimitear ltd Estimated Valuation
Pomanda estimates the enterprise value of LIMITEAR LTD at £82.8k based on a Turnover of £134.4k and 0.62x industry multiple (adjusted for size and gross margin).
limitear ltd Estimated Valuation
Pomanda estimates the enterprise value of LIMITEAR LTD at £0 based on an EBITDA of £-133.5k and a 3.65x industry multiple (adjusted for size and gross margin).
limitear ltd Estimated Valuation
Pomanda estimates the enterprise value of LIMITEAR LTD at £0 based on Net Assets of £-577k and 2.23x industry multiple (adjusted for liquidity).
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Limitear Ltd Overview
Limitear Ltd is a live company located in london, W7 2QE with a Companies House number of 06849403. It operates in the manufacture of electronic components sector, SIC Code 26110. Founded in March 2009, it's largest shareholder is the era foundation with a 9.3% stake. Limitear Ltd is a established, micro sized company, Pomanda has estimated its turnover at £134.4k with declining growth in recent years.
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Limitear Ltd Health Check
Pomanda's financial health check has awarded Limitear Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 9 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
9 Weak
Size
annual sales of £134.4k, make it smaller than the average company (£18.8m)
- Limitear Ltd
£18.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -44%, show it is growing at a slower rate (6.4%)
- Limitear Ltd
6.4% - Industry AVG
Production
with a gross margin of 18.4%, this company has a higher cost of product (30.3%)
- Limitear Ltd
30.3% - Industry AVG
Profitability
an operating margin of -99.4% make it less profitable than the average company (6.4%)
- Limitear Ltd
6.4% - Industry AVG
Employees
with 1 employees, this is below the industry average (90)
1 - Limitear Ltd
90 - Industry AVG
Pay Structure
on an average salary of £47.5k, the company has an equivalent pay structure (£47.5k)
- Limitear Ltd
£47.5k - Industry AVG
Efficiency
resulting in sales per employee of £134.4k, this is less efficient (£176.1k)
- Limitear Ltd
£176.1k - Industry AVG
Debtor Days
it gets paid by customers after 104 days, this is later than average (52 days)
- Limitear Ltd
52 days - Industry AVG
Creditor Days
its suppliers are paid after 143 days, this is slower than average (40 days)
- Limitear Ltd
40 days - Industry AVG
Stock Days
it holds stock equivalent to 5 days, this is less than average (96 days)
- Limitear Ltd
96 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 8 weeks, this is less cash available to meet short term requirements (15 weeks)
8 weeks - Limitear Ltd
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1287%, this is a higher level of debt than the average (42.7%)
1287% - Limitear Ltd
42.7% - Industry AVG
LIMITEAR LTD financials
Limitear Ltd's latest turnover from September 2023 is estimated at £134.4 thousand and the company has net assets of -£577 thousand. According to their latest financial statements, Limitear Ltd has 1 employee and maintains cash reserves of £7.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Mar 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 | 1 | 1 | 1 | 1 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 331 | 441 | 588 | 784 | 1,045 | 709 | 1,102 | 1,313 | 3,025 | 5,933 | 8,966 | 2,666 | 3,554 | |
| Intangible Assets | ||||||||||||||
| Investments & Other | ||||||||||||||
| Debtors (Due After 1 year) | ||||||||||||||
| Total Fixed Assets | 331 | 441 | 588 | 784 | 1,045 | 709 | 1,102 | 1,313 | 3,025 | 5,933 | 8,966 | 2,666 | 3,554 | |
| Stock & work in progress | 1,680 | 1,680 | 1,680 | 4,789 | 8,193 | 2,218 | 2,218 | 2,218 | 6,218 | 3,996 | 5,262 | 7,436 | ||
| Trade Debtors | 38,335 | 12,711 | 13,466 | 189,662 | 192,934 | 210,877 | 202,554 | 179,955 | 3,943 | 9,953 | 13,768 | 4,995 | 5,830 | |
| Group Debtors | ||||||||||||||
| Misc Debtors | 931 | 890 | 912 | 120,295 | 11,741 | 8,555 | 19,771 | 7,635 | ||||||
| Cash | 7,329 | 50,644 | 16,959 | 46,090 | 41,515 | 166,227 | 31,233 | 32,963 | 27,974 | 24,728 | 67,197 | 22,179 | 25,460 | |
| misc current assets | 390 | 3,113 | ||||||||||||
| total current assets | 48,275 | 65,925 | 32,105 | 241,453 | 242,642 | 377,104 | 236,395 | 218,249 | 154,430 | 52,640 | 93,516 | 52,207 | 46,361 | |
| total assets | 48,606 | 66,366 | 32,693 | 242,237 | 243,687 | 377,813 | 237,497 | 219,562 | 157,455 | 58,573 | 102,482 | 54,873 | 49,915 | |
| Bank overdraft | ||||||||||||||
| Bank loan | ||||||||||||||
| Trade Creditors | 43,249 | 39,011 | 37,270 | 413,921 | 426,950 | 225,113 | 421,272 | 156,657 | 99,129 | 61,691 | 17,218 | 20,284 | 13,849 | |
| Group/Directors Accounts | 222,180 | 141,000 | ||||||||||||
| other short term finances | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| other current liabilities | 103,711 | 21,565 | 45,215 | 1,345 | 500 | |||||||||
| total current liabilities | 43,249 | 39,011 | 37,270 | 413,921 | 426,950 | 447,293 | 421,272 | 297,657 | 202,840 | 83,256 | 62,433 | 21,629 | 14,349 | |
| loans | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| Accruals and Deferred Income | 3,465 | 3,465 | 14,315 | 17,645 | ||||||||||
| other liabilities | 578,861 | 510,737 | 463,672 | 10,706 | ||||||||||
| provisions | ||||||||||||||
| total long term liabilities | 582,326 | 514,202 | 463,672 | 25,021 | 17,645 | |||||||||
| total liabilities | 625,575 | 553,213 | 500,942 | 438,942 | 426,950 | 447,293 | 421,272 | 315,302 | 202,840 | 83,256 | 62,433 | 21,629 | 14,349 | |
| net assets | -576,969 | -486,847 | -468,249 | -196,705 | -183,263 | -69,480 | -183,775 | -95,740 | -45,385 | -24,683 | 40,049 | 33,244 | 35,566 | |
| total shareholders funds | -576,969 | -486,847 | -468,249 | -196,705 | -183,263 | -69,480 | -183,775 | -95,740 | -45,385 | -24,683 | 40,049 | 33,244 | 35,566 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 110 | 147 | 196 | 261 | 251 | 393 | 211 | 2,181 | 2,908 | 3,033 | 1,300 | 888 | 2,132 | |
| Amortisation | ||||||||||||||
| Tax | ||||||||||||||
| Stock | -3,109 | -3,404 | 8,193 | -2,218 | -4,000 | 2,222 | -1,266 | -2,174 | 7,436 | |||||
| Debtors | 25,665 | 135 | -177,108 | -2,360 | -17,943 | 8,323 | 22,599 | 55,717 | 102,544 | -629 | -2,443 | 11,301 | 13,465 | |
| Creditors | 4,238 | 1,741 | -376,651 | -13,029 | 201,837 | -196,159 | 264,615 | 57,528 | 37,438 | 44,473 | -3,066 | 6,435 | 13,849 | |
| Accruals and Deferred Income | 3,465 | -14,315 | 14,315 | -17,645 | -86,066 | 82,146 | -23,650 | 43,870 | 845 | 500 | ||||
| Deferred Taxes & Provisions | ||||||||||||||
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | ||||||||||||||
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | ||||||||||||||
| Group/Directors Accounts | -222,180 | 222,180 | -141,000 | 141,000 | ||||||||||
| Other Short Term Loans | ||||||||||||||
| Long term loans | ||||||||||||||
| Hire Purchase and Lease Commitments | ||||||||||||||
| other long term liabilities | 68,124 | 47,065 | 452,966 | 10,706 | ||||||||||
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | -43,315 | 33,685 | -29,131 | 4,575 | -124,712 | 134,994 | -1,730 | 4,989 | 3,246 | -42,469 | 45,018 | -3,281 | 25,460 | |
| overdraft | ||||||||||||||
| change in cash | -43,315 | 33,685 | -29,131 | 4,575 | -124,712 | 134,994 | -1,730 | 4,989 | 3,246 | -42,469 | 45,018 | -3,281 | 25,460 |
limitear ltd Credit Report and Business Information
Limitear Ltd Competitor Analysis
Perform a competitor analysis for limitear ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other micro companies, companies in W 7 area or any other competitors across 12 key performance metrics.
limitear ltd Ownership
LIMITEAR LTD group structure
Limitear Ltd has no subsidiary companies.
Ultimate parent company
LIMITEAR LTD
06849403
limitear ltd directors
Limitear Ltd currently has 4 directors. The longest serving directors include Mr Richard Glover (Mar 2009) and Mr Shane Ambridge (Mar 2009).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Richard Glover | United Kingdom | 74 years | Mar 2009 | - | Director |
| Mr Shane Ambridge | England | 55 years | Mar 2009 | - | Director |
| Mr Stephen Wheatley | 69 years | Jun 2010 | - | Director | |
| Mr Frederick Cahill | 71 years | Jan 2013 | - | Director |
P&L
September 2023turnover
134.4k
+64%
operating profit
-133.6k
0%
gross margin
18.4%
-3.39%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
-577k
+0.19%
total assets
48.6k
-0.27%
cash
7.3k
-0.86%
net assets
Total assets minus all liabilities
limitear ltd company details
company number
06849403
Type
Private limited with Share Capital
industry
26110 - Manufacture of electronic components
incorporation date
March 2009
age
16
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
September 2023
previous names
N/A
accountant
-
auditor
-
address
boundary house boston road, london, W7 2QE
Bank
-
Legal Advisor
-
limitear 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 limitear ltd.
limitear 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.
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limitear ltd Companies House Filings - See Documents
| date | description | view/download |
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