london gateway networks limited Company Information
Company Number
07437094
Website
http://lgnetworks.co.ukRegistered Address
dickens house guithavon street, witham, essex, CM8 1BJ
Industry
Other telecommunications activities
Telephone
01375363263
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
brett smallcombe 39.9%
stuart smallcombe 34.9%
View Alllondon gateway networks limited Estimated Valuation
Pomanda estimates the enterprise value of LONDON GATEWAY NETWORKS LIMITED at £400.9k based on a Turnover of £549.6k and 0.73x industry multiple (adjusted for size and gross margin).
london gateway networks limited Estimated Valuation
Pomanda estimates the enterprise value of LONDON GATEWAY NETWORKS LIMITED at £124.3k based on an EBITDA of £46.5k and a 2.68x industry multiple (adjusted for size and gross margin).
london gateway networks limited Estimated Valuation
Pomanda estimates the enterprise value of LONDON GATEWAY NETWORKS LIMITED at £320.4k based on Net Assets of £105.3k and 3.04x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
London Gateway Networks Limited Overview
London Gateway Networks Limited is a live company located in essex, CM8 1BJ with a Companies House number of 07437094. It operates in the other telecommunications activities sector, SIC Code 61900. Founded in November 2010, it's largest shareholder is brett smallcombe with a 39.9% stake. London Gateway Networks Limited is a established, small sized company, Pomanda has estimated its turnover at £549.6k with declining growth in recent years.
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London Gateway Networks Limited Health Check
Pomanda's financial health check has awarded London Gateway Networks Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
6 Weak
Size
annual sales of £549.6k, make it smaller than the average company (£13.4m)
- London Gateway Networks Limited
£13.4m - Industry AVG
Growth
3 year (CAGR) sales growth of -13%, show it is growing at a slower rate (4.8%)
- London Gateway Networks Limited
4.8% - Industry AVG
Production
with a gross margin of 20.2%, this company has a higher cost of product (39.1%)
- London Gateway Networks Limited
39.1% - Industry AVG
Profitability
an operating margin of -0.1% make it less profitable than the average company (4.4%)
- London Gateway Networks Limited
4.4% - Industry AVG
Employees
with 11 employees, this is below the industry average (55)
11 - London Gateway Networks Limited
55 - Industry AVG
Pay Structure
on an average salary of £62.9k, the company has an equivalent pay structure (£62.9k)
- London Gateway Networks Limited
£62.9k - Industry AVG
Efficiency
resulting in sales per employee of £50k, this is less efficient (£235k)
- London Gateway Networks Limited
£235k - Industry AVG
Debtor Days
it gets paid by customers after 10 days, this is earlier than average (39 days)
- London Gateway Networks Limited
39 days - Industry AVG
Creditor Days
its suppliers are paid after 120 days, this is slower than average (43 days)
- London Gateway Networks Limited
43 days - Industry AVG
Stock Days
it holds stock equivalent to 12 days, this is in line with average (12 days)
- London Gateway Networks Limited
12 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 63 weeks, this is more cash available to meet short term requirements (8 weeks)
63 weeks - London Gateway Networks Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 59.9%, this is a similar level of debt than the average (65.4%)
59.9% - London Gateway Networks Limited
65.4% - Industry AVG
LONDON GATEWAY NETWORKS LIMITED financials
London Gateway Networks Limited's latest turnover from December 2023 is estimated at £549.6 thousand and the company has net assets of £105.3 thousand. According to their latest financial statements, London Gateway Networks Limited has 11 employees and maintains cash reserves of £177.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 | 11 | 15 | 16 | 15 | 14 | 14 | 12 | 12 | |||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 53,945 | 93,102 | 122,285 | 63,690 | 89,445 | 73,419 | 16,736 | 22,315 | 18,576 | 8,750 | 4,699 | 6,264 | 8,352 |
Intangible Assets | 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 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 53,945 | 93,102 | 122,285 | 63,690 | 89,445 | 73,419 | 16,736 | 22,315 | 18,576 | 8,750 | 4,699 | 6,264 | 8,352 |
Stock & work in progress | 15,059 | 20,000 | 15,000 | 20,500 | 15,500 | 15,800 | 50,615 | 49,380 | 52,922 | 46,367 | 58,091 | 61,321 | 24,490 |
Trade Debtors | 16,353 | 26,789 | 82,168 | 70,005 | 45,256 | 59,729 | 67,738 | 57,481 | 80,782 | 164,642 | 125,349 | 86,403 | 64,546 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 177,541 | 127,839 | 114,105 | 121,624 | 130,043 | 51,636 | 64,264 | 10,824 | 499 | 1,196 | 1,076 | 1,413 | 25,676 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 208,953 | 174,628 | 211,273 | 212,129 | 190,799 | 127,165 | 182,617 | 117,685 | 134,203 | 212,205 | 184,516 | 149,137 | 114,712 |
total assets | 262,898 | 267,730 | 333,558 | 275,819 | 280,244 | 200,584 | 199,353 | 140,000 | 152,779 | 220,955 | 189,215 | 155,401 | 123,064 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 145,010 | 139,274 | 139,429 | 162,040 | 142,127 | 81,991 | 108,808 | 75,773 | 104,052 | 151,931 | 126,539 | 102,965 | 70,887 |
Group/Directors Accounts | 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 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 145,010 | 139,274 | 139,429 | 162,040 | 142,127 | 81,991 | 108,808 | 75,773 | 104,052 | 151,931 | 126,539 | 102,965 | 70,887 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 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 |
other liabilities | 0 | 10,540 | 21,602 | 0 | 0 | 0 | 771 | 3,720 | 5,030 | 0 | 0 | 0 | 0 |
provisions | 12,548 | 17,689 | 22,841 | 11,577 | 16,295 | 13,017 | 1,937 | 2,718 | 1,389 | 1,750 | 940 | 1,254 | 1,671 |
total long term liabilities | 12,548 | 28,229 | 44,443 | 11,577 | 16,295 | 13,017 | 2,708 | 6,438 | 6,419 | 1,750 | 940 | 1,254 | 1,671 |
total liabilities | 157,558 | 167,503 | 183,872 | 173,617 | 158,422 | 95,008 | 111,516 | 82,211 | 110,471 | 153,681 | 127,479 | 104,219 | 72,558 |
net assets | 105,340 | 100,227 | 149,686 | 102,202 | 121,822 | 105,576 | 87,837 | 57,789 | 42,308 | 67,274 | 61,736 | 51,182 | 50,506 |
total shareholders funds | 105,340 | 100,227 | 149,686 | 102,202 | 121,822 | 105,576 | 87,837 | 57,789 | 42,308 | 67,274 | 61,736 | 51,182 | 50,506 |
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||
Operating Profit | |||||||||||||
Depreciation | 47,284 | 68,416 | 57,060 | 67,322 | 60,554 | 25,682 | 5,579 | 6,522 | 5,733 | 1,768 | 1,565 | 2,088 | 3,440 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | |||||||||||||
Stock | -4,941 | 5,000 | -5,500 | 5,000 | -300 | -34,815 | 1,235 | -3,542 | 6,555 | -11,724 | -3,230 | 36,831 | 24,490 |
Debtors | -10,436 | -55,379 | 12,163 | 24,749 | -14,473 | -8,009 | 10,257 | -23,301 | -83,860 | 39,293 | 38,946 | 21,857 | 64,546 |
Creditors | 5,736 | -155 | -22,611 | 19,913 | 60,136 | -26,817 | 33,035 | -28,279 | -47,879 | 25,392 | 23,574 | 32,078 | 70,887 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | -5,141 | -5,152 | 11,264 | -4,718 | 3,278 | 11,080 | -781 | 1,329 | -361 | 810 | -314 | -417 | 1,671 |
Cash flow from operations | |||||||||||||
Investing Activities | |||||||||||||
capital expenditure | |||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | |||||||||||||
Financing Activities | |||||||||||||
Bank loans | 0 | 0 | 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 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | -10,540 | -11,062 | 21,602 | 0 | 0 | -771 | -2,949 | -1,310 | 5,030 | 0 | 0 | 0 | 0 |
share issue | |||||||||||||
interest | |||||||||||||
cash flow from financing | |||||||||||||
cash and cash equivalents | |||||||||||||
cash | 49,702 | 13,734 | -7,519 | -8,419 | 78,407 | -12,628 | 53,440 | 10,325 | -697 | 120 | -337 | -24,263 | 25,676 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 49,702 | 13,734 | -7,519 | -8,419 | 78,407 | -12,628 | 53,440 | 10,325 | -697 | 120 | -337 | -24,263 | 25,676 |
london gateway networks limited Credit Report and Business Information
London Gateway Networks Limited Competitor Analysis
Perform a competitor analysis for london gateway networks limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in CM8 area or any other competitors across 12 key performance metrics.
london gateway networks limited Ownership
LONDON GATEWAY NETWORKS LIMITED group structure
London Gateway Networks Limited has no subsidiary companies.
Ultimate parent company
LONDON GATEWAY NETWORKS LIMITED
07437094
london gateway networks limited directors
London Gateway Networks Limited currently has 4 directors. The longest serving directors include Mr Brett Smallcombe (Aug 2011) and Mr Stuart Smallcombe (Aug 2011).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Brett Smallcombe | England | 62 years | Aug 2011 | - | Director |
Mr Stuart Smallcombe | England | 51 years | Aug 2011 | - | Director |
Miss Nicola Smallcombe | England | 40 years | Aug 2024 | - | Director |
Mrs Paula Smallcombe | England | 53 years | Aug 2024 | - | Director |
P&L
December 2023turnover
549.6k
-22%
operating profit
-817.2
0%
gross margin
20.3%
+2.67%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
105.3k
+0.05%
total assets
262.9k
-0.02%
cash
177.5k
+0.39%
net assets
Total assets minus all liabilities
london gateway networks limited company details
company number
07437094
Type
Private limited with Share Capital
industry
61900 - Other telecommunications activities
incorporation date
November 2010
age
14
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
December 2023
previous names
N/A
accountant
BAVERSTOCKS LIMITED
auditor
-
address
dickens house guithavon street, witham, essex, CM8 1BJ
Bank
-
Legal Advisor
-
london gateway networks 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 did not find charges/mortgages relating to london gateway networks limited.
london gateway networks limited Companies House Filings - See Documents
date | description | view/download |
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