lasertech engineering limited Company Information
Company Number
06852495
Next Accounts
Dec 2024
Industry
Manufacture of metal structures and parts of structures
Directors
Shareholders
stephen albert charles dudman
Group Structure
View All
Contact
Registered Address
unit q, chantry industrial estate, pulborough, west sussex, RH20 4AD
lasertech engineering limited Estimated Valuation
Pomanda estimates the enterprise value of LASERTECH ENGINEERING LIMITED at £456.1k based on a Turnover of £862.5k and 0.53x industry multiple (adjusted for size and gross margin).
lasertech engineering limited Estimated Valuation
Pomanda estimates the enterprise value of LASERTECH ENGINEERING LIMITED at £498.9k based on an EBITDA of £130.3k and a 3.83x industry multiple (adjusted for size and gross margin).
lasertech engineering limited Estimated Valuation
Pomanda estimates the enterprise value of LASERTECH ENGINEERING LIMITED at £58k based on Net Assets of £28.9k and 2.01x industry multiple (adjusted for liquidity).
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Lasertech Engineering Limited Overview
Lasertech Engineering Limited is a live company located in pulborough, RH20 4AD with a Companies House number of 06852495. It operates in the manufacture of metal structures and parts of structures sector, SIC Code 25110. Founded in March 2009, it's largest shareholder is stephen albert charles dudman with a 100% stake. Lasertech Engineering Limited is a established, small sized company, Pomanda has estimated its turnover at £862.5k with low growth in recent years.
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Lasertech Engineering Limited Health Check
Pomanda's financial health check has awarded Lasertech Engineering Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 9 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
9 Weak
Size
annual sales of £862.5k, make it smaller than the average company (£12.9m)
- Lasertech Engineering Limited
£12.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (7.1%)
- Lasertech Engineering Limited
7.1% - Industry AVG
Production
with a gross margin of 24.2%, this company has a comparable cost of product (24.2%)
- Lasertech Engineering Limited
24.2% - Industry AVG
Profitability
an operating margin of 3.4% make it less profitable than the average company (6.4%)
- Lasertech Engineering Limited
6.4% - Industry AVG
Employees
with 9 employees, this is below the industry average (76)
9 - Lasertech Engineering Limited
76 - Industry AVG
Pay Structure
on an average salary of £40.7k, the company has an equivalent pay structure (£40.7k)
- Lasertech Engineering Limited
£40.7k - Industry AVG
Efficiency
resulting in sales per employee of £95.8k, this is less efficient (£162k)
- Lasertech Engineering Limited
£162k - Industry AVG
Debtor Days
it gets paid by customers after 93 days, this is later than average (66 days)
- Lasertech Engineering Limited
66 days - Industry AVG
Creditor Days
its suppliers are paid after 29 days, this is quicker than average (57 days)
- Lasertech Engineering Limited
57 days - Industry AVG
Stock Days
it holds stock equivalent to 12 days, this is less than average (38 days)
- Lasertech Engineering Limited
38 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (12 weeks)
0 weeks - Lasertech Engineering Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 97.1%, this is a higher level of debt than the average (55.9%)
97.1% - Lasertech Engineering Limited
55.9% - Industry AVG
LASERTECH ENGINEERING LIMITED financials
Lasertech Engineering Limited's latest turnover from March 2023 is estimated at £862.5 thousand and the company has net assets of £28.9 thousand. According to their latest financial statements, Lasertech Engineering Limited has 9 employees and maintains cash reserves of £105 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 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 | 9 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | ||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 742,519 | 486,504 | 547,935 | 631,095 | 125,930 | 187,526 | 251,094 | 303,625 | 351,312 | 366,929 | 414,569 | 462,209 | 508,212 | 549,179 |
Intangible Assets | 0 | 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 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 742,519 | 486,504 | 547,935 | 631,095 | 125,930 | 187,526 | 251,094 | 303,625 | 351,312 | 366,929 | 414,569 | 462,209 | 508,212 | 549,179 |
Stock & work in progress | 21,509 | 26,000 | 31,547 | 19,709 | 31,587 | 44,973 | 57,429 | 16,719 | 31,540 | 38,899 | 28,704 | 11,550 | 10,740 | 10,505 |
Trade Debtors | 219,857 | 191,598 | 211,515 | 161,179 | 107,921 | 132,507 | 175,355 | 82,865 | 135,040 | 81,221 | 80,051 | 62,201 | 99,563 | 76,644 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 17,200 | 9,400 | 26,100 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 105 | 15,273 | 91,120 | 22,005 | 23,522 | 38,532 | 3,853 | 642 | 17,463 | 1,276 | 3,464 | 16,675 | 16,378 | 0 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 258,671 | 242,271 | 360,282 | 202,893 | 163,030 | 216,012 | 236,637 | 100,226 | 184,043 | 121,396 | 112,219 | 90,426 | 126,681 | 87,149 |
total assets | 1,001,190 | 728,775 | 908,217 | 833,988 | 288,960 | 403,538 | 487,731 | 403,851 | 535,355 | 488,325 | 526,788 | 552,635 | 634,893 | 636,328 |
Bank overdraft | 109,640 | 9,037 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 7,370 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 52,651 | 60,280 | 128,709 | 104,086 | 59,646 | 92,702 | 106,765 | 78,947 | 769,636 | 728,085 | 644,881 | 609,723 | 668,020 | 581,240 |
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 | 85,519 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 510,613 | 459,251 | 600,574 | 620,968 | 625,856 | 680,459 | 715,830 | 694,433 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 672,904 | 528,568 | 736,653 | 810,573 | 685,502 | 773,161 | 822,595 | 773,380 | 769,636 | 728,085 | 644,881 | 609,723 | 668,020 | 581,240 |
loans | 24,337 | 33,603 | 42,630 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 335,908 | 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 | 275,043 | 154,106 | 246,801 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 16,254 | 81,270 | 149,064 | 247,413 |
provisions | 0 | 0 | 0 | 10,900 | 10,900 | 20,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 299,380 | 187,709 | 289,431 | 346,808 | 10,900 | 20,000 | 0 | 0 | 0 | 0 | 16,254 | 81,270 | 149,064 | 247,413 |
total liabilities | 972,284 | 716,277 | 1,026,084 | 1,157,381 | 696,402 | 793,161 | 822,595 | 773,380 | 769,636 | 728,085 | 661,135 | 690,993 | 817,084 | 828,653 |
net assets | 28,906 | 12,498 | -117,867 | -323,393 | -407,442 | -389,623 | -334,864 | -369,529 | -234,281 | -239,760 | -134,347 | -138,358 | -182,191 | -192,325 |
total shareholders funds | 28,906 | 12,498 | -117,867 | -323,393 | -407,442 | -389,623 | -334,864 | -369,529 | -234,281 | -239,760 | -134,347 | -138,358 | -182,191 | -192,325 |
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||
Operating Profit | ||||||||||||||
Depreciation | 101,280 | 61,431 | 83,150 | 20,328 | 63,596 | 63,588 | 52,531 | 52,666 | 50,617 | 47,640 | 47,640 | 47,640 | 47,167 | 34,392 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | ||||||||||||||
Stock | -4,491 | -5,547 | 11,838 | -11,878 | -13,386 | -12,456 | 40,710 | -14,821 | -7,359 | 10,195 | 17,154 | 810 | 235 | 10,505 |
Debtors | 36,059 | -36,617 | 76,436 | 53,258 | -24,586 | -42,848 | 92,490 | -52,175 | 53,819 | 1,170 | 17,850 | -37,362 | 22,919 | 76,644 |
Creditors | -7,629 | -68,429 | 24,623 | 44,440 | -33,056 | -14,063 | 27,818 | -690,689 | 41,551 | 83,204 | 35,158 | -58,297 | 86,780 | 581,240 |
Accruals and Deferred Income | 51,362 | -141,323 | -20,394 | -4,888 | -54,603 | -35,371 | 21,397 | 694,433 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | -10,900 | 0 | -9,100 | 20,000 | 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 | 0 |
cash flow from investments | ||||||||||||||
Financing Activities | ||||||||||||||
Bank loans | 0 | -7,370 | 7,370 | 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 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | -9,266 | -9,027 | 42,630 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | -421,427 | 421,427 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 120,937 | -92,695 | 246,801 | 0 | 0 | 0 | 0 | 0 | 0 | -16,254 | -65,016 | -67,794 | -98,349 | 247,413 |
share issue | ||||||||||||||
interest | ||||||||||||||
cash flow from financing | ||||||||||||||
cash and cash equivalents | ||||||||||||||
cash | -15,168 | -75,847 | 69,115 | -1,517 | -15,010 | 34,679 | 3,211 | -16,821 | 16,187 | -2,188 | -13,211 | 297 | 16,378 | 0 |
overdraft | 100,603 | 9,037 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | -115,771 | -84,884 | 69,115 | -1,517 | -15,010 | 34,679 | 3,211 | -16,821 | 16,187 | -2,188 | -13,211 | 297 | 16,378 | 0 |
lasertech engineering limited Credit Report and Business Information
Lasertech Engineering Limited Competitor Analysis
Perform a competitor analysis for lasertech engineering limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in RH20 area or any other competitors across 12 key performance metrics.
lasertech engineering limited Ownership
LASERTECH ENGINEERING LIMITED group structure
Lasertech Engineering Limited has no subsidiary companies.
Ultimate parent company
LASERTECH ENGINEERING LIMITED
06852495
lasertech engineering limited directors
Lasertech Engineering Limited currently has 1 director, Mr Stephen Dudman serving since Mar 2009.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Stephen Dudman | United Kingdom | 65 years | Mar 2009 | - | Director |
P&L
March 2023turnover
862.5k
+8%
operating profit
29k
0%
gross margin
24.2%
+5.31%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
28.9k
+1.31%
total assets
1m
+0.37%
cash
105
-0.99%
net assets
Total assets minus all liabilities
lasertech engineering limited company details
company number
06852495
Type
Private limited with Share Capital
industry
25110 - Manufacture of metal structures and parts of structures
incorporation date
March 2009
age
15
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
N/A
accountant
CARPENTER BOX
auditor
-
address
unit q, chantry industrial estate, pulborough, west sussex, RH20 4AD
Bank
-
Legal Advisor
-
lasertech engineering 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 lasertech engineering limited. Currently there are 1 open charges and 0 have been satisfied in the past.
lasertech engineering 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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lasertech engineering limited Companies House Filings - See Documents
date | description | view/download |
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