lawn tennis association limited
lawn tennis association limited Company Information
Group Structure
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Industry
Other sports activities (not including activities of racehorse owners) n.e.c.
Registered Address
the national tennis centre, 100 priory lane, london, SW15 5JQ
Website
http://lta.org.uklawn tennis association limited Estimated Valuation
Pomanda estimates the enterprise value of LAWN TENNIS ASSOCIATION LIMITED at £197.8m based on a Turnover of £108.5m and 1.82x industry multiple (adjusted for size and gross margin).
lawn tennis association limited Estimated Valuation
Pomanda estimates the enterprise value of LAWN TENNIS ASSOCIATION LIMITED at £4m based on an EBITDA of £565k and a 7.09x industry multiple (adjusted for size and gross margin).
lawn tennis association limited Estimated Valuation
Pomanda estimates the enterprise value of LAWN TENNIS ASSOCIATION LIMITED at £286m based on Net Assets of £152.8m and 1.87x industry multiple (adjusted for liquidity).
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Lawn Tennis Association Limited Overview
Lawn Tennis Association Limited is a live company located in london, SW15 5JQ with a Companies House number of 07459469. It operates in the other sports activities sector, SIC Code 93199. Founded in December 2010, it's largest shareholder is unknown. Lawn Tennis Association Limited is a established, mega sized company, Pomanda has estimated its turnover at £108.5m with rapid growth in recent years.
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Lawn Tennis Association Limited Health Check
Pomanda's financial health check has awarded Lawn Tennis Association Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
4 Weak
Size
annual sales of £108.5m, make it larger than the average company (£621.3k)
£108.5m - Lawn Tennis Association Limited
£621.3k - Industry AVG
Growth
3 year (CAGR) sales growth of 32%, show it is growing at a faster rate (8.9%)
32% - Lawn Tennis Association Limited
8.9% - Industry AVG
Production
with a gross margin of 41%, this company has a comparable cost of product (41%)
41% - Lawn Tennis Association Limited
41% - Industry AVG
Profitability
an operating margin of -4.9% make it less profitable than the average company (1.5%)
-4.9% - Lawn Tennis Association Limited
1.5% - Industry AVG
Employees
with 351 employees, this is above the industry average (15)
351 - Lawn Tennis Association Limited
15 - Industry AVG
Pay Structure
on an average salary of £71.8k, the company has a higher pay structure (£28.9k)
£71.8k - Lawn Tennis Association Limited
£28.9k - Industry AVG
Efficiency
resulting in sales per employee of £309k, this is more efficient (£69.7k)
£309k - Lawn Tennis Association Limited
£69.7k - Industry AVG
Debtor Days
it gets paid by customers after 14 days, this is near the average (16 days)
14 days - Lawn Tennis Association Limited
16 days - Industry AVG
Creditor Days
its suppliers are paid after 4 days, this is quicker than average (30 days)
4 days - Lawn Tennis Association Limited
30 days - Industry AVG
Stock Days
it holds stock equivalent to 3 days, this is less than average (15 days)
3 days - Lawn Tennis Association Limited
15 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 28 weeks, this is less cash available to meet short term requirements (65 weeks)
28 weeks - Lawn Tennis Association Limited
65 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 21.1%, this is a lower level of debt than the average (38.4%)
21.1% - Lawn Tennis Association Limited
38.4% - Industry AVG
LAWN TENNIS ASSOCIATION LIMITED financials
Lawn Tennis Association Limited's latest turnover from December 2023 is £108.5 million and the company has net assets of £152.8 million. According to their latest financial statements, Lawn Tennis Association Limited has 351 employees and maintains cash reserves of £15.7 million 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 | Sep 2013 | Sep 2012 | Sep 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 108,451,000 | 79,570,000 | 59,367,000 | 47,071,000 | 77,302,000 | 64,479,000 | 60,638,000 | 64,478,000 | 63,515,000 | 64,345,000 | 58,408,000 | 60,244,000 | |
| Other Income Or Grants | |||||||||||||
| Cost Of Sales | |||||||||||||
| Gross Profit | |||||||||||||
| Admin Expenses | |||||||||||||
| Operating Profit | -5,291,000 | -9,458,000 | -5,648,000 | -5,243,000 | 8,739,000 | -6,335,000 | -7,542,000 | -1,880,000 | 781,000 | -3,002,000 | -25,393,000 | -989,000 | |
| Interest Payable | 282,000 | 287,000 | 12,000 | 210,000 | 250,000 | ||||||||
| Interest Receivable | 270,000 | 944,000 | 709,000 | 770,000 | 982,000 | 1,433,000 | 1,754,000 | 1,262,000 | 1,526,000 | 939,000 | 892,000 | ||
| Pre-Tax Profit | -1,172,000 | -15,584,000 | -1,381,000 | -1,665,000 | 15,730,000 | -8,488,000 | -3,138,000 | 1,577,000 | 2,372,000 | -339,000 | 8,796,000 | 324,000 | |
| Tax | -993,000 | -851,000 | -1,265,000 | -120,000 | -1,324,000 | -350,000 | -441,000 | -2,623,000 | -1,207,000 | -1,578,000 | -964,000 | -1,344,000 | |
| Profit After Tax | -2,165,000 | -16,435,000 | -2,646,000 | -1,785,000 | 14,406,000 | -8,838,000 | -3,579,000 | -1,046,000 | 1,165,000 | -1,917,000 | 7,832,000 | -1,020,000 | |
| Dividends Paid | |||||||||||||
| Retained Profit | -2,205,000 | -16,435,000 | -2,646,000 | -1,785,000 | 14,406,000 | -8,838,000 | -3,579,000 | -1,046,000 | 1,165,000 | -1,917,000 | 7,832,000 | -1,020,000 | |
| Employee Costs | 25,206,000 | 22,200,000 | 20,383,000 | 19,187,000 | 19,930,000 | 17,994,000 | 15,936,000 | 15,871,000 | 15,575,000 | 15,078,000 | 12,989,000 | 12,603,000 | |
| Number Of Employees | 351 | 326 | 312 | 328 | 279 | 282 | 275 | 300 | 296 | 294 | 324 | ||
| EBITDA* | 565,000 | -4,284,000 | -1,533,000 | -2,031,000 | 11,245,000 | -3,509,000 | -4,676,000 | 806,000 | 3,384,000 | 337,000 | -22,114,000 | 2,482,000 |
* 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 | Sep 2013 | Sep 2012 | Sep 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 34,708,000 | 34,308,000 | 124,478,000 | 126,744,000 | 128,621,000 | 118,607,000 | 132,032,000 | 103,909,000 | 34,389,000 | 34,466,000 | 35,619,000 | 36,895,000 | |
| Intangible Assets | 10,585,000 | 10,730,000 | 9,151,000 | 7,140,000 | 3,926,000 | 2,637,000 | 3,125,000 | 3,190,000 | 1,820,000 | 2,080,000 | 528,000 | ||
| Investments & Other | 72,292,000 | 62,865,000 | 72,456,000 | 71,896,000 | 75,229,000 | 66,206,000 | 77,661,000 | 45,762,000 | 42,655,000 | 42,488,000 | 35,693,000 | 33,739,000 | |
| Debtors (Due After 1 year) | 17,951,000 | 18,742,000 | 19,547,000 | 21,241,000 | 20,732,000 | 27,785,000 | 34,036,000 | 39,647,000 | 19,917,000 | ||||
| Total Fixed Assets | 135,536,000 | 126,645,000 | 133,629,000 | 133,884,000 | 132,547,000 | 121,244,000 | 135,157,000 | 107,099,000 | 106,649,000 | 113,070,000 | 110,959,000 | 91,079,000 | |
| Stock & work in progress | 591,000 | 227,000 | 173,000 | 349,000 | 459,000 | ||||||||
| Trade Debtors | 4,161,000 | 3,347,000 | 3,505,000 | 613,000 | 1,863,000 | 1,805,000 | 627,000 | 1,007,000 | 1,365,000 | 2,385,000 | 874,000 | 1,347,000 | |
| Group Debtors | 28,754,000 | 25,762,000 | 35,831,000 | 39,770,000 | 33,383,000 | 34,754,000 | 37,433,000 | 31,434,000 | 21,750,000 | 25,453,000 | 20,819,000 | ||
| Misc Debtors | 6,950,000 | 7,170,000 | 5,504,000 | 4,948,000 | 42,769,000 | 6,235,000 | 6,505,000 | 8,474,000 | 6,746,000 | 4,433,000 | 3,174,000 | 4,154,000 | |
| Cash | 15,675,000 | 27,303,000 | 27,122,000 | 13,912,000 | 14,900,000 | 13,562,000 | 5,698,000 | 7,167,000 | 14,294,000 | 18,400,000 | 13,319,000 | 14,864,000 | |
| misc current assets | 2,031,000 | 1,256,000 | 22,111,000 | ||||||||||
| total current assets | 58,162,000 | 63,809,000 | 72,135,000 | 59,592,000 | 59,991,000 | 54,985,000 | 47,584,000 | 54,081,000 | 53,839,000 | 46,968,000 | 44,076,000 | 63,295,000 | |
| total assets | 193,698,000 | 190,454,000 | 205,764,000 | 193,476,000 | 192,538,000 | 176,229,000 | 182,741,000 | 161,180,000 | 160,488,000 | 160,038,000 | 155,035,000 | 154,374,000 | |
| Bank overdraft | |||||||||||||
| Bank loan | |||||||||||||
| Trade Creditors | 702,000 | 335,000 | 735,000 | 686,000 | 989,000 | 613,000 | 165,000 | 464,000 | 163,000 | 125,000 | 408,000 | ||
| Group/Directors Accounts | 6,059,000 | ||||||||||||
| other short term finances | 1,855,000 | 1,192,000 | 14,312,000 | ||||||||||
| hp & lease commitments | |||||||||||||
| other current liabilities | 25,802,000 | 19,568,000 | 18,586,000 | 14,334,000 | 14,943,000 | 13,701,000 | 11,918,000 | 16,064,000 | 14,798,000 | 15,250,000 | 12,335,000 | 10,620,000 | |
| total current liabilities | 28,359,000 | 21,095,000 | 33,633,000 | 15,020,000 | 15,932,000 | 14,314,000 | 12,083,000 | 16,528,000 | 14,961,000 | 15,375,000 | 12,743,000 | 16,679,000 | |
| loans | 7,150,000 | 7,150,000 | |||||||||||
| hp & lease commitments | |||||||||||||
| Accruals and Deferred Income | 418,000 | 218,000 | |||||||||||
| other liabilities | 4,490,000 | 6,256,000 | |||||||||||
| provisions | 944,000 | 993,000 | 1,472,000 | 8,830,000 | 1,560,000 | 990,000 | 800,000 | 576,000 | 117,000 | ||||
| total long term liabilities | 12,584,000 | 14,399,000 | 736,000 | 4,415,000 | 780,000 | 495,000 | 400,000 | 288,000 | 117,000 | 418,000 | 218,000 | ||
| total liabilities | 40,943,000 | 35,494,000 | 34,369,000 | 19,435,000 | 16,712,000 | 14,809,000 | 12,483,000 | 16,816,000 | 15,078,000 | 15,793,000 | 12,743,000 | 16,897,000 | |
| net assets | 152,755,000 | 154,960,000 | 171,395,000 | 174,041,000 | 175,826,000 | 161,420,000 | 170,258,000 | 144,364,000 | 145,410,000 | 144,245,000 | 142,292,000 | 137,477,000 | |
| total shareholders funds | 152,755,000 | 154,960,000 | 171,395,000 | 174,041,000 | 175,826,000 | 161,420,000 | 170,258,000 | 144,364,000 | 145,410,000 | 144,245,000 | 142,292,000 | 137,477,000 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Sep 2013 | Sep 2012 | Sep 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | -5,291,000 | -9,458,000 | -5,648,000 | -5,243,000 | 8,739,000 | -6,335,000 | -7,542,000 | -1,880,000 | 781,000 | -3,002,000 | -25,393,000 | -989,000 | |
| Depreciation | 2,282,000 | 2,065,000 | 1,878,000 | 1,791,000 | 1,547,000 | 1,547,000 | 1,465,000 | 2,426,000 | 2,343,000 | 3,339,000 | 2,751,000 | 3,131,000 | |
| Amortisation | 3,574,000 | 3,109,000 | 2,237,000 | 1,421,000 | 959,000 | 1,279,000 | 1,401,000 | 260,000 | 260,000 | 528,000 | 340,000 | ||
| Tax | -993,000 | -851,000 | -1,265,000 | -120,000 | -1,324,000 | -350,000 | -441,000 | -2,623,000 | -1,207,000 | -1,578,000 | -964,000 | -1,344,000 | |
| Stock | 364,000 | 54,000 | -176,000 | -110,000 | 459,000 | ||||||||
| Debtors | 2,795,000 | -9,366,000 | -2,185,000 | 1,208,000 | 23,941,000 | -463,000 | -5,028,000 | -20,416,000 | 4,726,000 | -6,544,000 | 22,911,000 | 46,237,000 | |
| Creditors | 367,000 | -400,000 | 49,000 | -303,000 | 376,000 | 448,000 | -299,000 | 301,000 | 38,000 | -283,000 | 408,000 | ||
| Accruals and Deferred Income | 6,234,000 | 982,000 | 4,252,000 | -609,000 | 1,242,000 | 1,783,000 | -4,146,000 | 1,266,000 | -870,000 | 3,333,000 | 1,497,000 | 10,838,000 | |
| Deferred Taxes & Provisions | -49,000 | -479,000 | -7,358,000 | 7,270,000 | 570,000 | 190,000 | 224,000 | 459,000 | 117,000 | ||||
| Cash flow from operations | 2,965,000 | 4,280,000 | -3,494,000 | 3,109,000 | -12,291,000 | -975,000 | -4,310,000 | 20,625,000 | -3,264,000 | 8,353,000 | -44,084,000 | -34,261,000 | |
| Investing Activities | |||||||||||||
| capital expenditure | 1,368,000 | -5,908,000 | -3,039,000 | ||||||||||
| Change in Investments | 9,427,000 | -9,591,000 | 560,000 | -3,333,000 | 9,023,000 | -11,455,000 | 31,899,000 | 3,107,000 | 167,000 | 6,795,000 | 1,954,000 | 33,739,000 | |
| cash flow from investments | -9,427,000 | 9,591,000 | 1,201,000 | -6,795,000 | -7,862,000 | -36,778,000 | |||||||
| Financing Activities | |||||||||||||
| Bank loans | |||||||||||||
| Group/Directors Accounts | -6,059,000 | 6,059,000 | |||||||||||
| Other Short Term Loans | 663,000 | -13,120,000 | 14,312,000 | ||||||||||
| Long term loans | 7,150,000 | ||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||
| other long term liabilities | -1,766,000 | 6,256,000 | |||||||||||
| share issue | |||||||||||||
| interest | -12,000 | 657,000 | 697,000 | 770,000 | 982,000 | 1,433,000 | 1,754,000 | 1,262,000 | 1,526,000 | 729,000 | 642,000 | ||
| cash flow from financing | -1,115,000 | 943,000 | 15,009,000 | 770,000 | 982,000 | 1,433,000 | 31,227,000 | 1,262,000 | 5,396,000 | -8,347,000 | 145,198,000 | ||
| cash and cash equivalents | |||||||||||||
| cash | -11,628,000 | 181,000 | 13,210,000 | -988,000 | 1,338,000 | 7,864,000 | -1,469,000 | -7,127,000 | -4,106,000 | 5,081,000 | -1,545,000 | 14,864,000 | |
| overdraft | |||||||||||||
| change in cash | -11,628,000 | 181,000 | 13,210,000 | -988,000 | 1,338,000 | 7,864,000 | -1,469,000 | -7,127,000 | -4,106,000 | 5,081,000 | -1,545,000 | 14,864,000 |
lawn tennis association limited Credit Report and Business Information
Lawn Tennis Association Limited Competitor Analysis
Perform a competitor analysis for lawn tennis association limited by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other mega companies, companies in SW15 area or any other competitors across 12 key performance metrics.
lawn tennis association limited Ownership
LAWN TENNIS ASSOCIATION LIMITED group structure
Lawn Tennis Association Limited has 6 subsidiary companies.
Ultimate parent company
LAWN TENNIS ASSOCIATION LIMITED
07459469
6 subsidiaries
lawn tennis association limited directors
Lawn Tennis Association Limited currently has 13 directors. The longest serving directors include Mr Simon Steele (Nov 2016) and Mrs Sandra Procter (Jan 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Simon Steele | 53 years | Nov 2016 | - | Director | |
| Mrs Sandra Procter | 73 years | Jan 2017 | - | Director | |
| Mr Scott Lloyd | 49 years | Jan 2018 | - | Director | |
| Ms Sara Bennison | England | 57 years | Jun 2018 | - | Director |
| Sir David Tanner Cbe | 77 years | Aug 2018 | - | Director | |
| Mrs Rachel Baillache | 56 years | Sep 2018 | - | Director | |
| Lord Evan Davies | United Kingdom | 72 years | Sep 2018 | - | Director |
| Mr Anil Jhingan | 54 years | Aug 2021 | - | Director | |
| Mr Sanjay Bhandari | 56 years | Aug 2021 | - | Director | |
| Mr Richard Cutler | 46 years | Jan 2023 | - | Director |
P&L
December 2023turnover
108.5m
+36%
operating profit
-5.3m
-44%
gross margin
41%
-1.42%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
152.8m
-0.01%
total assets
193.7m
+0.02%
cash
15.7m
-0.43%
net assets
Total assets minus all liabilities
lawn tennis association limited company details
company number
07459469
Type
Private Ltd By Guarantee w/o Share Cap
industry
93199 - Other sports activities (not including activities of racehorse owners) n.e.c.
incorporation date
December 2010
age
15
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
lta clg limited (June 2011)
accountant
-
auditor
PRICEWATERHOUSECOOPERS LLP
address
the national tennis centre, 100 priory lane, london, SW15 5JQ
Bank
-
Legal Advisor
-
lawn tennis association 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 3 charges/mortgages relating to lawn tennis association limited. Currently there are 1 open charges and 2 have been satisfied in the past.
lawn tennis association 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 LAWN TENNIS ASSOCIATION LIMITED. This can take several minutes, an email will notify you when this has completed.
lawn tennis association limited Companies House Filings - See Documents
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