lasertech engineering limited

lasertech engineering limited Company Information

Share LASERTECH ENGINEERING LIMITED
Live 
EstablishedSmallLow

Company Number

06852495

Industry

Manufacture of metal structures and parts of structures

 

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

£456.1k

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

£498.9k

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

£58k

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).

Edit your figures and get a professional valuation report.

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.

View Sample
View Sample
View Sample

Upgrade for unlimited company reports & a free credit check

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

Health Check Image
Health Rating1out of 5
positive_score

1 Strong

positive_score

2 Regular

positive_score

9 Weak

size

Size

annual sales of £862.5k, make it smaller than the average company (£12.9m)

£862.5k - Lasertech Engineering Limited

£12.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (7.1%)

2% - Lasertech Engineering Limited

7.1% - Industry AVG

production

Production

with a gross margin of 24.2%, this company has a comparable cost of product (24.2%)

24.2% - Lasertech Engineering Limited

24.2% - Industry AVG

profitability

Profitability

an operating margin of 3.4% make it less profitable than the average company (6.4%)

3.4% - Lasertech Engineering Limited

6.4% - Industry AVG

employees

Employees

with 9 employees, this is below the industry average (76)

9 - Lasertech Engineering Limited

76 - Industry AVG

paystructure

Pay Structure

on an average salary of £40.7k, the company has an equivalent pay structure (£40.7k)

£40.7k - Lasertech Engineering Limited

£40.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £95.8k, this is less efficient (£162k)

£95.8k - Lasertech Engineering Limited

£162k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 93 days, this is later than average (66 days)

93 days - Lasertech Engineering Limited

66 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 29 days, this is quicker than average (57 days)

29 days - Lasertech Engineering Limited

57 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 12 days, this is less than average (38 days)

12 days - Lasertech Engineering Limited

38 days - Industry AVG

cashbalance

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

debtlevel

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

EXPORTms excel logo

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 HousePomanda Estimates

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover862,505798,144916,304803,578637,453705,877816,006586,4181,641,3201,480,2971,308,7451,169,1911,326,0741,267,902
Other Income Or Grants00000000000000
Cost Of Sales653,837614,781702,890602,702465,796513,785588,669422,2021,199,4641,096,160957,934862,323960,037913,339
Gross Profit208,668183,363213,414200,877171,657192,093227,337164,216441,856384,137350,812306,868366,036354,563
Admin Expenses179,68619,691-41,79097,136189,709246,958184,011299,509434,967489,562345,585247,717352,002546,988
Operating Profit28,982163,672255,204103,741-18,052-54,86543,326-135,2936,889-105,4255,22759,15114,034-192,425
Interest Payable9,0523,1271,52500000000000
Interest Receivable327399572323310664547125083410
Pre-Tax Profit20,257160,944253,736103,764-17,819-54,75943,331-135,2486,935-105,4135,27859,23414,075-192,425
Tax-3,849-30,579-48,210-19,71500-8,6660-1,4560-1,267-15,401-3,9410
Profit After Tax16,408130,365205,52684,049-17,819-54,75934,665-135,2485,479-105,4134,01143,83310,134-192,425
Dividends Paid00000000000000
Retained Profit16,408130,365205,52684,049-17,819-54,75934,665-135,2485,479-105,4134,01143,83310,134-192,425
Employee Costs366,417379,516365,722375,065368,604352,723351,788331,045441,881390,023361,109318,405368,067365,134
Number Of Employees910101010101010131211101212
EBITDA*130,262225,103338,354124,06945,5448,72395,857-82,62757,506-57,78552,867106,79161,201-158,033

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets742,519486,504547,935631,095125,930187,526251,094303,625351,312366,929414,569462,209508,212549,179
Intangible Assets00000000000000
Investments & Other00000000000000
Debtors (Due After 1 year)00000000000000
Total Fixed Assets742,519486,504547,935631,095125,930187,526251,094303,625351,312366,929414,569462,209508,212549,179
Stock & work in progress21,50926,00031,54719,70931,58744,97357,42916,71931,54038,89928,70411,55010,74010,505
Trade Debtors219,857191,598211,515161,179107,921132,507175,35582,865135,04081,22180,05162,20199,56376,644
Group Debtors00000000000000
Misc Debtors17,2009,40026,10000000000000
Cash10515,27391,12022,00523,52238,5323,85364217,4631,2763,46416,67516,3780
misc current assets00000000000000
total current assets258,671242,271360,282202,893163,030216,012236,637100,226184,043121,396112,21990,426126,68187,149
total assets1,001,190728,775908,217833,988288,960403,538487,731403,851535,355488,325526,788552,635634,893636,328
Bank overdraft109,6409,037000000000000
Bank loan007,37000000000000
Trade Creditors 52,65160,280128,709104,08659,64692,702106,76578,947769,636728,085644,881609,723668,020581,240
Group/Directors Accounts00000000000000
other short term finances00000000000000
hp & lease commitments00085,5190000000000
other current liabilities510,613459,251600,574620,968625,856680,459715,830694,433000000
total current liabilities672,904528,568736,653810,573685,502773,161822,595773,380769,636728,085644,881609,723668,020581,240
loans24,33733,60342,63000000000000
hp & lease commitments000335,9080000000000
Accruals and Deferred Income00000000000000
other liabilities275,043154,106246,801000000016,25481,270149,064247,413
provisions00010,90010,90020,00000000000
total long term liabilities299,380187,709289,431346,80810,90020,000000016,25481,270149,064247,413
total liabilities972,284716,2771,026,0841,157,381696,402793,161822,595773,380769,636728,085661,135690,993817,084828,653
net assets28,90612,498-117,867-323,393-407,442-389,623-334,864-369,529-234,281-239,760-134,347-138,358-182,191-192,325
total shareholders funds28,90612,498-117,867-323,393-407,442-389,623-334,864-369,529-234,281-239,760-134,347-138,358-182,191-192,325
Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit28,982163,672255,204103,741-18,052-54,86543,326-135,2936,889-105,4255,22759,15114,034-192,425
Depreciation101,28061,43183,15020,32863,59663,58852,53152,66650,61747,64047,64047,64047,16734,392
Amortisation00000000000000
Tax-3,849-30,579-48,210-19,71500-8,6660-1,4560-1,267-15,401-3,9410
Stock-4,491-5,54711,838-11,878-13,386-12,45640,710-14,821-7,35910,19517,15481023510,505
Debtors36,059-36,61776,43653,258-24,586-42,84892,490-52,17553,8191,17017,850-37,36222,91976,644
Creditors-7,629-68,42924,62344,440-33,056-14,06327,818-690,68941,55183,20435,158-58,29786,780581,240
Accruals and Deferred Income51,362-141,323-20,394-4,888-54,603-35,37121,397694,433000000
Deferred Taxes & Provisions00-10,9000-9,10020,00000000000
Cash flow from operations138,57826,936195,199102,526-13,24334,5933,206-11,88751,14114,05451,75469,645120,886336,058
Investing Activities
capital expenditure-357,295010-525,493-2,000-200-4,979-35,00000-1,637-6,200-583,571
Change in Investments00000000000000
cash flow from investments-357,295010-525,493-2,000-200-4,979-35,00000-1,637-6,200-583,571
Financing Activities
Bank loans0-7,3707,37000000000000
Group/Directors Accounts00000000000000
Other Short Term Loans 00000000000000
Long term loans-9,266-9,02742,63000000000000
Hire Purchase and Lease Commitments00-421,427421,4270000000000
other long term liabilities120,937-92,695246,801000000-16,254-65,016-67,794-98,349247,413
share issue0000000000000100
interest-8,725-2,728-1,4682323310664547125083410
cash flow from financing102,946-111,820-126,094421,45023310664547-16,242-64,966-67,711-98,308247,513
cash and cash equivalents
cash-15,168-75,84769,115-1,517-15,01034,6793,211-16,82116,187-2,188-13,21129716,3780
overdraft100,6039,037000000000000
change in cash-115,771-84,88469,115-1,517-15,01034,6793,211-16,82116,187-2,188-13,21129716,3780

lasertech engineering limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for lasertech engineering limited. Get real-time insights into lasertech engineering 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

Lasertech Engineering Limited Competitor Analysis

competitor_analysis_table_img

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 Shareholders

stephen albert charles dudman 100%

lasertech engineering limited directors

Lasertech Engineering Limited currently has 1 director, Mr Stephen Dudman serving since Mar 2009.

officercountryagestartendrole
Mr Stephen DudmanUnited Kingdom65 years Mar 2009- Director

P&L

March 2023

turnover

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 2023

net 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

None

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.

Click to start generating capital raising & share issue transactions for LASERTECH ENGINEERING LIMITED. This can take several minutes, an email will notify you when this has completed.

lasertech engineering limited Companies House Filings - See Documents

datedescriptionview/download