leat solutions ltd

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leat solutions ltd Company Information

Share LEAT SOLUTIONS LTD

Company Number

06926530

Shareholders

jonathan peter leat

jayne ann leat

Group Structure

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Industry

Repair of other equipment

 +1

Registered Address

high trees newcastle road, loggerheads, market drayton, shropshire, TF9 4PH

Website

-

leat solutions ltd Estimated Valuation

£93.9k

Pomanda estimates the enterprise value of LEAT SOLUTIONS LTD at £93.9k based on a Turnover of £171.3k and 0.55x industry multiple (adjusted for size and gross margin).

leat solutions ltd Estimated Valuation

£172.3k

Pomanda estimates the enterprise value of LEAT SOLUTIONS LTD at £172.3k based on an EBITDA of £35.8k and a 4.81x industry multiple (adjusted for size and gross margin).

leat solutions ltd Estimated Valuation

£125k

Pomanda estimates the enterprise value of LEAT SOLUTIONS LTD at £125k based on Net Assets of £39.8k and 3.14x industry multiple (adjusted for liquidity).

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Leat Solutions Ltd Overview

Leat Solutions Ltd is a live company located in market drayton, TF9 4PH with a Companies House number of 06926530. It operates in the repair of other equipment sector, SIC Code 33190. Founded in June 2009, it's largest shareholder is jonathan peter leat with a 50% stake. Leat Solutions Ltd is a established, micro sized company, Pomanda has estimated its turnover at £171.3k with healthy growth in recent years.

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Leat Solutions Ltd Health Check

Pomanda's financial health check has awarded Leat Solutions Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

3 Strong

positive_score

3 Regular

positive_score

5 Weak

size

Size

annual sales of £171.3k, make it smaller than the average company (£7.3m)

£171.3k - Leat Solutions Ltd

£7.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 12%, show it is growing at a faster rate (9.7%)

12% - Leat Solutions Ltd

9.7% - Industry AVG

production

Production

with a gross margin of 29.9%, this company has a comparable cost of product (29.9%)

29.9% - Leat Solutions Ltd

29.9% - Industry AVG

profitability

Profitability

an operating margin of 20.2% make it more profitable than the average company (5.9%)

20.2% - Leat Solutions Ltd

5.9% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (30)

2 - Leat Solutions Ltd

30 - Industry AVG

paystructure

Pay Structure

on an average salary of £48.3k, the company has an equivalent pay structure (£48.3k)

£48.3k - Leat Solutions Ltd

£48.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £85.6k, this is less efficient (£174.2k)

£85.6k - Leat Solutions Ltd

£174.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 39 days, this is earlier than average (59 days)

39 days - Leat Solutions Ltd

59 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 17 days, this is quicker than average (35 days)

17 days - Leat Solutions Ltd

35 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Leat Solutions Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 7 weeks, this is less cash available to meet short term requirements (13 weeks)

7 weeks - Leat Solutions Ltd

13 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 55.1%, this is a similar level of debt than the average (57.3%)

55.1% - Leat Solutions Ltd

57.3% - Industry AVG

LEAT SOLUTIONS LTD financials

EXPORTms excel logo

Leat Solutions Ltd's latest turnover from March 2024 is estimated at £171.3 thousand and the company has net assets of £39.8 thousand. According to their latest financial statements, Leat Solutions Ltd has 2 employees and maintains cash reserves of £6.7 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover171,281190,265133,623122,556110,60394,588134,322129,838129,53899,51590,64488,41286,72831,9010
Other Income Or Grants000000000000000
Cost Of Sales120,009129,58491,48783,64974,33562,88785,54179,42782,85463,56257,46957,23855,49319,8280
Gross Profit51,27260,68042,13638,90736,26831,70248,78250,41146,68535,95333,17531,17531,23512,0730
Admin Expenses16,65534,88756,88528,00649,71124,79645,72048,85361,08622,24531,22832,04835,898-2440
Operating Profit34,61725,793-14,74910,901-13,4436,9063,0621,558-14,40113,7081,947-873-4,66312,3170
Interest Payable000000000000000
Interest Receivable9626968411101265911619301819140
Pre-Tax Profit35,57926,489-14,66510,912-13,4337,0323,1211,569-14,39513,7271,977-855-4,64412,3310
Tax-8,895-5,0330-2,0730-1,336-593-3140-2,883-45500-3,4530
Profit After Tax26,68421,456-14,6658,839-13,4335,6962,5281,255-14,39510,8441,522-855-4,6448,8780
Dividends Paid000000000000000
Retained Profit26,68421,456-14,6658,839-13,4335,6962,5281,255-14,39510,8441,522-855-4,6448,8780
Employee Costs96,62593,28088,69183,68782,30081,90379,45678,07480,74840,20839,21839,42038,60536,4910
Number Of Employees222222222111110
EBITDA*35,82225,820-14,71810,958-13,3877,0698,0876,559-9,40018,8127,3664,54675717,4000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets57,32181031881441825,10610,10714,6873265,74511,16415,2440
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets57,32181031881441825,10610,10714,6873265,74511,16415,2440
Stock & work in progress000000000000000
Trade Debtors18,63826,8649,4527,1336,38810516,62113,62610,88517,93314,41312,39213,4107,4170
Group Debtors000000000000000
Misc Debtors5,9911,9238,5467,8456,5275,3213624,9846,885000000
Cash6,66429,9782,78819,5492,62417,35816,1947,3551,3349046,6555,1522,0485,6000
misc current assets000000000000000
total current assets31,29358,76520,78634,52715,53922,78433,17725,96519,10418,83721,06817,54415,45813,0170
total assets88,61458,84620,78634,55815,62722,92833,35931,07129,21133,52421,39423,28926,62228,2610
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 5,8007,46110,68310,9554281,37525733476914,74216,32818,66120,0551,6650
Group/Directors Accounts16,62021,2148,2655,1883,91010611,68810,1409,155000013,3520
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities25,87417,03010,16812,07413,77610,48916,14616,87115,81600001,0650
total current liabilities48,29445,70529,11628,21718,11411,97028,09127,34525,74014,74216,32818,66120,05516,0820
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions51015061729351,0212,0212,937651,1492,2333,2010
total long term liabilities51015061729351,0212,0212,937651,1492,2333,2010
total liabilities48,80445,72029,11628,22318,13111,99928,12628,36627,76117,67916,39319,81022,28819,2830
net assets39,81013,126-8,3306,335-2,50410,9295,2332,7051,45015,8455,0013,4794,3348,9780
total shareholders funds39,81013,126-8,3306,335-2,50410,9295,2332,7051,45015,8455,0013,4794,3348,9780
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit34,61725,793-14,74910,901-13,4436,9063,0621,558-14,40113,7081,947-873-4,66312,3170
Depreciation1,205273157561635,0255,0015,0015,1045,4195,4195,4205,0830
Amortisation000000000000000
Tax-8,895-5,0330-2,0730-1,336-593-3140-2,883-45500-3,4530
Stock000000000000000
Debtors-4,15810,7893,0202,0637,489-11,557-1,627840-1633,5202,021-1,0185,9937,4170
Creditors-1,661-3,222-27210,527-9471,118-77-435-13,973-1,586-2,333-1,39418,3901,6650
Accruals and Deferred Income8,8446,862-1,906-1,7023,287-5,657-7251,05515,816000-1,0651,0650
Deferred Taxes & Provisions49515-6-11-12-6-986-1,000-9162,872-1,084-1,084-9683,2010
Cash flow from operations38,76313,653-19,92215,636-18,54812,7457,3335,025-8,31013,6951,4733,08611,12112,4610
Investing Activities
capital expenditure-58,445-108000-125-1010-421-19,46500-1,340-20,3270
Change in Investments000000000000000
cash flow from investments-58,445-108000-125-1010-421-19,46500-1,340-20,3270
Financing Activities
Bank loans000000000000000
Group/Directors Accounts-4,59412,9493,0771,2783,804-11,5821,5489859,155000-13,35213,3520
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue00000000000001000
interest9626968411101265911619301819140
cash flow from financing-3,63213,6453,1611,2893,814-11,4561,6079969,161193018-13,33313,4660
cash and cash equivalents
cash-23,31427,190-16,76116,925-14,7341,1648,8396,021430-5,7511,5033,104-3,5525,6000
overdraft000000000000000
change in cash-23,31427,190-16,76116,925-14,7341,1648,8396,021430-5,7511,5033,104-3,5525,6000

leat solutions 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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Leat Solutions Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for leat solutions ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other micro companies, companies in TF9 area or any other competitors across 12 key performance metrics.

leat solutions ltd Ownership

LEAT SOLUTIONS LTD group structure

Leat Solutions Ltd has no subsidiary companies.

Ultimate parent company

LEAT SOLUTIONS LTD

06926530

LEAT SOLUTIONS LTD Shareholders

jonathan peter leat 50%
jayne ann leat 50%

leat solutions ltd directors

Leat Solutions Ltd currently has 2 directors. The longest serving directors include Mr Jonathan Leat (Jun 2009) and Mrs Jayne Leat (Jun 2009).

officercountryagestartendrole
Mr Jonathan LeatEngland53 years Jun 2009- Director
Mrs Jayne LeatEngland59 years Jun 2009- Director

P&L

March 2024

turnover

171.3k

-10%

operating profit

34.6k

0%

gross margin

30%

-6.14%

turnover

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

Balance Sheet

March 2024

net assets

39.8k

+2.03%

total assets

88.6k

+0.51%

cash

6.7k

-0.78%

net assets

Total assets minus all liabilities

leat solutions ltd company details

company number

06926530

Type

Private limited with Share Capital

industry

33190 - Repair of other equipment

33200 - Installation of industrial machinery and equipment

incorporation date

June 2009

age

16

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

leat renovation ltd (July 2010)

accountant

-

auditor

-

address

high trees newcastle road, loggerheads, market drayton, shropshire, TF9 4PH

Bank

-

Legal Advisor

-

leat solutions 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 leat solutions ltd.

leat solutions 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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leat solutions ltd Companies House Filings - See Documents

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