l c longtown ltd

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l c longtown ltd Company Information

Share L C LONGTOWN LTD

Company Number

06905045

Shareholders

david henderson

mark murray armstrong

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Group Structure

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Industry

Landscape service activities

 

Registered Address

2 punton road, stanwix, carlisle, cumbria, CA3 9BB

l c longtown ltd Estimated Valuation

£2.2m

Pomanda estimates the enterprise value of L C LONGTOWN LTD at £2.2m based on a Turnover of £5.5m and 0.4x industry multiple (adjusted for size and gross margin).

l c longtown ltd Estimated Valuation

£2.9m

Pomanda estimates the enterprise value of L C LONGTOWN LTD at £2.9m based on an EBITDA of £833.8k and a 3.44x industry multiple (adjusted for size and gross margin).

l c longtown ltd Estimated Valuation

£8.2m

Pomanda estimates the enterprise value of L C LONGTOWN LTD at £8.2m based on Net Assets of £3.1m and 2.64x industry multiple (adjusted for liquidity).

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L C Longtown Ltd Overview

L C Longtown Ltd is a live company located in carlisle, CA3 9BB with a Companies House number of 06905045. It operates in the landscape service activities sector, SIC Code 81300. Founded in May 2009, it's largest shareholder is david henderson with a 49.2% stake. L C Longtown Ltd is a established, mid sized company, Pomanda has estimated its turnover at £5.5m with declining growth in recent years.

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L C Longtown Ltd Health Check

Pomanda's financial health check has awarded L C Longtown Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

7 Strong

positive_score

2 Regular

positive_score

3 Weak

size

Size

annual sales of £5.5m, make it larger than the average company (£276.8k)

£5.5m - L C Longtown Ltd

£276.8k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (9.8%)

0% - L C Longtown Ltd

9.8% - Industry AVG

production

Production

with a gross margin of 39.8%, this company has a comparable cost of product (39.8%)

39.8% - L C Longtown Ltd

39.8% - Industry AVG

profitability

Profitability

an operating margin of 12.8% make it more profitable than the average company (5.3%)

12.8% - L C Longtown Ltd

5.3% - Industry AVG

employees

Employees

with 22 employees, this is above the industry average (4)

22 - L C Longtown Ltd

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £26.2k, the company has an equivalent pay structure (£26.2k)

£26.2k - L C Longtown Ltd

£26.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £251.1k, this is more efficient (£79.1k)

£251.1k - L C Longtown Ltd

£79.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 67 days, this is later than average (42 days)

67 days - L C Longtown Ltd

42 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 60 days, this is slower than average (44 days)

60 days - L C Longtown Ltd

44 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 123 days, this is more than average (23 days)

123 days - L C Longtown Ltd

23 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 53 weeks, this is more cash available to meet short term requirements (23 weeks)

53 weeks - L C Longtown Ltd

23 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 23.6%, this is a lower level of debt than the average (54.8%)

23.6% - L C Longtown Ltd

54.8% - Industry AVG

L C LONGTOWN LTD financials

EXPORTms excel logo

L C Longtown Ltd's latest turnover from December 2023 is estimated at £5.5 million and the company has net assets of £3.1 million. According to their latest financial statements, L C Longtown Ltd has 22 employees and maintains cash reserves of £918.6 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover5,523,1098,109,7414,181,2355,581,1537,615,5425,369,8383,385,9463,413,4961,980,5463,132,5381,919,034854,7222,263,4051,381,963
Other Income Or Grants
Cost Of Sales3,323,9755,219,7353,085,3473,920,4565,201,4743,274,2091,924,0802,037,4081,171,2701,725,1681,037,575676,1162,104,648750,018
Gross Profit2,199,1342,890,0061,095,8881,660,6962,414,0682,095,6291,461,8661,376,088809,2761,407,370881,460178,606158,757631,946
Admin Expenses1,490,5832,399,6841,055,1091,027,0561,745,9621,829,5141,410,2001,200,885555,3181,097,212817,188180,723132,855523,99617,894
Operating Profit708,551490,32240,779633,640668,106266,11551,666175,203253,958310,15864,272-2,11725,902107,950-17,894
Interest Payable1,2412,063
Interest Receivable71,12342,2282,1209907,4115,4311,4458511,4821,4431,254213826149
Pre-Tax Profit779,675532,54942,899634,630675,516271,54653,111176,054255,440311,60165,526-3,35623,977108,211-17,845
Tax-194,919-101,184-8,151-120,580-128,348-51,594-10,091-35,211-51,088-65,436-15,07170-4,620-30,299
Profit After Tax584,756431,36534,748514,050547,168219,95243,020140,843204,352246,16550,455-3,28619,35777,912-17,845
Dividends Paid
Retained Profit584,756431,36534,748514,050547,168219,95243,020140,843204,352246,16550,455-3,28619,35777,912-17,845
Employee Costs576,246517,681576,513601,491490,9281,609,5171,264,112389,647714,8001,076,858648,661108,90478,950568,925
Number Of Employees2220232520655216324828133725
EBITDA*833,763530,27688,824687,079722,046335,57791,298217,296280,724338,30277,4409,50041,854119,366-15,354

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets391,269194,947146,580162,360162,053209,388121,566127,32980,48283,82240,00832,30843,92533,4988,928
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets391,269194,947146,580162,360162,053209,388121,566127,32980,48283,82240,00832,30843,92533,4988,928
Stock & work in progress1,123,5481,036,487887,501738,045404,425453,765219,940229,651169,021167,659124,747104,308166,40168,75114,702
Trade Debtors1,023,1091,286,851712,287920,5711,477,898647,716443,006615,973251,849406,195177,617191,306371,645172,997243,906
Group Debtors
Misc Debtors442,595803,3849642924135,506
Cash918,5711,790,888622,1151,074,069905,9351,070,197377,941199,925480,843111,931465,41836,06425,75584,51919,728
misc current assets149,806149,806149,806149,806149,806135,000135,000135,000135,000
total current assets3,657,6295,067,4162,372,6732,882,7832,938,1052,306,6781,175,8871,180,5491,036,713685,785767,782331,678599,307326,267278,336
total assets4,048,8985,262,3632,519,2533,045,1433,100,1582,516,0661,297,4531,307,8781,117,195769,607807,790363,986643,232359,765287,264
Bank overdraft60
Bank loan
Trade Creditors 550,8091,992,328260,145632,875845,573809,528340,667351,973251,760372,434639,833168,886399,843273,620305,104
Group/Directors Accounts9,72711,99812,04912,17815,31124,08117,68117,363
other short term finances
hp & lease commitments6,335
other current liabilities331,092725,493155,987341,766692,794674,931156,809198,562264,970108,569139,883
total current liabilities891,6282,729,819428,181986,8191,553,6781,508,540515,157567,898516,730372,434639,833277,455539,786279,955305,104
loans
hp & lease commitments13,321
Accruals and Deferred Income
other liabilities15,80216,86233,8114,48016,412
provisions64,25224,28214,17516,17518,38126,59521,31722,0217,5477,5477,5475,9077,6056,417
total long term liabilities64,25224,28214,17516,17518,38126,59521,31722,02123,34924,40941,35810,38724,01719,738
total liabilities955,8802,754,101442,3561,002,9941,572,0591,535,135536,474589,919540,079396,843681,191287,842563,803299,693305,104
net assets3,093,0182,508,2622,076,8972,042,1491,528,099980,931760,979717,959577,116372,764126,59976,14479,42960,072-17,840
total shareholders funds3,093,0182,508,2622,076,8972,042,1491,528,099980,931760,979717,959577,116372,764126,59976,14479,42960,072-17,840
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit708,551490,32240,779633,640668,106266,11551,666175,203253,958310,15864,272-2,11725,902107,950-17,894
Depreciation125,21239,95448,04553,43953,94069,46239,63242,09326,76628,14413,16811,61715,95211,4162,540
Amortisation
Tax-194,919-101,184-8,151-120,580-128,348-51,594-10,091-35,211-51,088-65,436-15,07170-4,620-30,299
Stock87,061148,986149,456333,620-49,340233,825-9,71160,6301,36242,91220,439-62,09397,65054,04914,702
Debtors-624,5311,376,984-207,612-557,076830,223204,710-172,967364,124-154,346228,578-13,689-215,845234,154-70,909243,906
Creditors-1,441,5191,732,183-372,730-212,69836,045468,861-11,306100,213-120,674-267,399470,947-230,957126,223-31,484305,104
Accruals and Deferred Income-394,401569,506-185,779-351,02817,863518,122-41,753-66,408264,970-108,569-31,314139,883
Deferred Taxes & Provisions39,97010,107-2,000-2,206-8,2145,278-70414,4741,640-1,6981,1886,417
Cash flow from operations-619,6361,214,918-421,680224,023-141,491837,709210,122-194,390526,916-266,023419,63723,539-27,27680,86031,142
Investing Activities
capital expenditure-321,534-88,321-32,265-53,746-6,605-157,284-33,869-88,940-23,426-71,958-20,868-26,379-35,986-11,468
Change in Investments
cash flow from investments-321,534-88,321-32,265-53,746-6,605-157,284-33,869-88,940-23,426-71,958-20,868-26,379-35,986-11,468
Financing Activities
Bank loans
Group/Directors Accounts-2,271-51-129-3,133-8,7706,40031817,363
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments-19,65619,656
other long term liabilities-15,802-1,060-16,94929,331-11,93216,412
share issue15
interest71,12342,2282,1209907,4115,4311,4458511,4821,4431,254-1,239-1,92526149
cash flow from financing68,85242,1771,991-2,143-1,35911,8311,7632,412422-15,50630,585-13,170-5,16919,91754
cash and cash equivalents
cash-872,3171,168,773-451,954168,134-164,262692,256178,016-280,918368,912-353,487429,35410,309-58,76464,79119,728
overdraft-6060
change in cash-872,3171,168,773-451,954168,134-164,262692,256178,016-280,918368,912-353,487429,35410,369-58,82464,79119,728

l c longtown 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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L C Longtown Ltd Competitor Analysis

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Perform a competitor analysis for l c longtown ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other mid companies, companies in CA3 area or any other competitors across 12 key performance metrics.

l c longtown ltd Ownership

L C LONGTOWN LTD group structure

L C Longtown Ltd has no subsidiary companies.

Ultimate parent company

L C LONGTOWN LTD

06905045

L C LONGTOWN LTD Shareholders

david henderson 49.18%
mark murray armstrong 49.18%
james matthew brough 1.64%

l c longtown ltd directors

L C Longtown Ltd currently has 3 directors. The longest serving directors include Mr Mark Armstrong (May 2009) and Mr David Henderson (May 2009).

officercountryagestartendrole
Mr Mark ArmstrongEngland51 years May 2009- Director
Mr David Henderson60 years May 2009- Director
Mr James Brough41 years Aug 2024- Director

P&L

December 2023

turnover

5.5m

-32%

operating profit

708.6k

0%

gross margin

39.9%

+11.73%

turnover

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

Balance Sheet

December 2023

net assets

3.1m

+0.23%

total assets

4m

-0.23%

cash

918.6k

-0.49%

net assets

Total assets minus all liabilities

l c longtown ltd company details

company number

06905045

Type

Private limited with Share Capital

industry

81300 - Landscape service activities

incorporation date

May 2009

age

16

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

mts gibson limited (August 2012)

accountant

N B LANCASTER & CO

auditor

-

address

2 punton road, stanwix, carlisle, cumbria, CA3 9BB

Bank

CLYDESDALE BANK PLC

Legal Advisor

-

l c longtown 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 l c longtown ltd.

l c longtown 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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l c longtown ltd Companies House Filings - See Documents

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