parkfield house woodville road, altrincham, cheshire, WA14 2AL
Website
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laitt medical ltd.Estimated Valuation
£154k
Pomanda estimates the enterprise value of LAITT MEDICAL LTD. at £154k based on a Turnover of £423.5k and 0.36x industry multiple (adjusted for size and gross margin).
laitt medical ltd.Estimated Valuation
£205.7k
Pomanda estimates the enterprise value of LAITT MEDICAL LTD. at £205.7k based on an EBITDA of £79.4k and a 2.59x industry multiple (adjusted for size and gross margin).
laitt medical ltd.Estimated Valuation
£266.5k
Pomanda estimates the enterprise value of LAITT MEDICAL LTD. at £266.5k based on Net Assets of £132.8k and 2.01x industry multiple (adjusted for liquidity).
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Laitt Medical Ltd.Overview
Laitt Medical Ltd. is a live company located in cheshire, WA14 2AL with a Companies House number of 07213761. It operates in the specialists medical practice activities sector, SIC Code 86220. Founded in April 2010, it's largest shareholder is
roger laitt
with a 50% stake. Laitt Medical Ltd. is a established,
micro sized company, Pomanda has estimated its turnover at
£423.5k with
rapid
growth in recent years.
Pomanda's financial health check has awarded Laitt Medical Ltd. a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
5 Strong
2 Regular
3 Weak
Size
annual sales of £423.5k, make it in line with the average company (£488.2k)
£423.5k - Laitt Medical Ltd.
£488.2k - Industry AVG
Growth
3 year (CAGR) sales growth of 46%, show it is growing at a faster rate (7.6%)
46% - Laitt Medical Ltd.
7.6% - Industry AVG
Production
with a gross margin of 30.1%, this company has a higher cost of product (52.8%)
30.1% - Laitt Medical Ltd.
52.8% - Industry AVG
Profitability
an operating margin of 18.7% make it more profitable than the average company (14.7%)
18.7% - Laitt Medical Ltd.
14.7% - Industry AVG
Employees
with 2 employees, this is below the industry average (11)
2 - Laitt Medical Ltd.
11 - Industry AVG
Pay Structure
on an average salary of £30.5k, the company has an equivalent pay structure (£30.5k)
£30.5k - Laitt Medical Ltd.
£30.5k - Industry AVG
Efficiency
resulting in sales per employee of £211.7k, this is more efficient (£72.7k)
£211.7k - Laitt Medical Ltd.
£72.7k - Industry AVG
Debtor Days
it gets paid by customers after 153 days, this is later than average (37 days)
153 days - Laitt Medical Ltd.
37 days - Industry AVG
Creditor Days
its suppliers are paid after 56 days, this is slower than average (34 days)
56 days - Laitt Medical Ltd.
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Laitt Medical Ltd.
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Laitt Medical Ltd.
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 25.7%, this is a lower level of debt than the average (29.4%)
25.7% - Laitt Medical Ltd.
29.4% - Industry AVG
LAITT MEDICAL LTD. financials
EXPORT
Laitt Medical Ltd.'s latest turnover from March 2024 is estimated at £423.5 thousand and the company has net assets of £132.8 thousand. According to their latest financial statements, Laitt Medical Ltd. has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
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
Turnover
423,457
240,679
168,550
135,625
132,555
155,486
189,438
239,149
10,665
14,087
15,191
10,840
13,501
34,731
Other Income Or Grants
Cost Of Sales
296,047
166,738
108,863
90,772
82,925
96,961
109,761
131,700
6,264
7,473
8,129
5,033
6,833
18,454
Gross Profit
127,410
73,942
59,687
44,853
49,630
58,526
79,676
107,449
4,400
6,614
7,062
5,808
6,668
16,277
Admin Expenses
48,057
48,214
30,715
25,667
41,636
96,257
91,955
83,367
12,891
26,376
-22,397
-19,917
8,263
-16,477
Operating Profit
79,353
25,728
28,972
19,186
7,994
-37,731
-12,279
24,082
-8,491
-19,762
29,459
25,725
-1,595
32,754
Interest Payable
Interest Receivable
74
339
441
428
295
235
118
Pre-Tax Profit
79,353
25,728
28,972
19,186
7,994
-37,731
-12,279
24,156
-8,152
-19,321
29,887
26,020
-1,360
32,872
Tax
-19,838
-4,888
-5,505
-3,645
-1,519
-4,831
-6,874
-6,245
-9,204
Profit After Tax
59,515
20,840
23,467
15,541
6,475
-37,731
-12,279
19,325
-8,152
-19,321
23,013
19,775
-1,360
23,668
Dividends Paid
Retained Profit
59,515
20,840
23,467
15,541
6,475
-37,731
-12,279
19,325
-8,152
-19,321
23,013
19,775
-1,360
23,668
Employee Costs
60,923
58,902
53,946
78,600
77,299
79,400
73,676
80,179
29,077
29,888
29,852
28,856
26,637
24,234
Number Of Employees
2
2
2
3
3
3
3
3
1
1
1
1
1
1
EBITDA*
79,353
25,728
28,972
19,186
7,994
-37,731
-12,279
24,082
-7,219
-19,341
30,267
26,191
-1,210
32,754
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
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
Tangible Assets
1,020
1,741
523
466
1,023
1,584
936
1,868
340
761
549
771
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
1,020
1,741
523
466
1,023
1,584
936
1,868
340
761
549
771
Stock & work in progress
Trade Debtors
177,654
92,491
72,174
44,761
36,099
55,519
71,826
85,949
906
781
720
747
954
3,501
Group Debtors
Misc Debtors
1,607
1,243
Cash
59,396
76,348
100,075
70,941
46,937
47,142
misc current assets
791
782
total current assets
177,654
92,491
72,174
44,761
37,706
56,762
72,617
86,731
60,302
77,129
100,795
71,688
47,891
50,643
total assets
178,674
94,232
72,697
44,761
38,172
57,785
74,201
87,667
62,170
77,469
101,556
72,237
48,662
50,643
Bank overdraft
Bank loan
Trade Creditors
45,898
20,971
20,276
15,807
24,759
50,847
29,532
30,719
24,447
31,594
36,360
30,054
26,254
26,875
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
45,898
20,971
20,276
15,807
24,759
50,847
29,532
30,719
24,447
31,594
36,360
30,054
26,254
26,875
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
45,898
20,971
20,276
15,807
24,759
50,847
29,532
30,719
24,447
31,594
36,360
30,054
26,254
26,875
net assets
132,776
73,261
52,421
28,954
13,413
6,938
44,669
56,948
37,723
45,875
65,196
42,183
22,408
23,768
total shareholders funds
132,776
73,261
52,421
28,954
13,413
6,938
44,669
56,948
37,723
45,875
65,196
42,183
22,408
23,768
Mar 2024
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
Operating Activities
Operating Profit
79,353
25,728
28,972
19,186
7,994
-37,731
-12,279
24,082
-8,491
-19,762
29,459
25,725
-1,595
32,754
Depreciation
1,272
421
808
466
385
Amortisation
Tax
-19,838
-4,888
-5,505
-3,645
-1,519
-4,831
-6,874
-6,245
-9,204
Stock
Debtors
85,163
20,317
27,413
7,055
-19,056
-15,064
-14,123
85,043
125
61
-27
-207
-2,547
3,501
Creditors
24,927
695
4,469
-8,952
-26,088
21,315
-1,187
6,272
-7,147
-4,766
6,306
3,800
-621
26,875
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations
-721
1,218
523
-466
-557
-1,352
657
-59,520
-14,491
-24,168
29,726
23,953
716
46,924
Investing Activities
capital expenditure
721
-1,218
-523
466
557
561
-648
932
-2,800
-1,020
-244
-1,156
Change in Investments
cash flow from investments
721
-1,218
-523
466
557
561
-648
932
-2,800
-1,020
-244
-1,156
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
-100
100
interest
74
339
441
428
295
235
118
cash flow from financing
-26
339
441
428
295
235
218
cash and cash equivalents
cash
-59,396
-16,952
-23,727
29,134
24,004
-205
47,142
overdraft
change in cash
-59,396
-16,952
-23,727
29,134
24,004
-205
47,142
laitt medical ltd. 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 laitt medical ltd.. Get real-time insights into laitt medical ltd.'s credit score, group structure and payment trends.
Perform a competitor analysis for laitt medical ltd. by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other micro companies, companies in WA14 area or any other competitors across 12 key performance metrics.
laitt medical ltd. Ownership
LAITT MEDICAL LTD. group structure
Laitt Medical Ltd. has no subsidiary companies.
Ultimate parent company
LAITT MEDICAL LTD.
07213761
LAITT MEDICAL LTD. Shareholders
The largest shareholders in Laitt Medical Ltd. include Roger Laitt and Jane Laitt.
roger laitt
50%
jane laitt
50%
laitt medical ltd. directors
Laitt Medical Ltd. currently has 2 directors.
The longest serving directors include
Dr Roger Laitt (Apr 2010) and
Mrs. Jane Laitt (Apr 2010).
parkfield house woodville road, altrincham, cheshire, WA14 2AL
Bank
-
Legal Advisor
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laitt medical 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 laitt medical ltd..
laitt medical 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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laitt medical ltd.Companies House Filings - See Documents
