lta operations limited
lta operations limited Company Information
Company Number
07475460
Next Accounts
Sep 2025
Shareholders
lawn tennis association ltd
Group Structure
View All
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.uklta operations limited Estimated Valuation
Pomanda estimates the enterprise value of LTA OPERATIONS LIMITED at £269.2m based on a Turnover of £93m and 2.9x industry multiple (adjusted for size and gross margin).
lta operations limited Estimated Valuation
Pomanda estimates the enterprise value of LTA OPERATIONS LIMITED at £54.7m based on an EBITDA of £4.9m and a 11.26x industry multiple (adjusted for size and gross margin).
lta operations limited Estimated Valuation
Pomanda estimates the enterprise value of LTA OPERATIONS LIMITED at £0 based on Net Assets of £-29.6m and 1.87x industry multiple (adjusted for liquidity).
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Lta Operations Limited Overview
Lta Operations Limited is a live company located in london, SW15 5JQ with a Companies House number of 07475460. It operates in the other sports activities sector, SIC Code 93199. Founded in December 2010, it's largest shareholder is lawn tennis association ltd with a 100% stake. Lta Operations Limited is a established, large sized company, Pomanda has estimated its turnover at £93m with high growth in recent years.
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Lta Operations Limited Health Check
Pomanda's financial health check has awarded Lta Operations Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
4 Weak
Size
annual sales of £93m, make it larger than the average company (£621.3k)
£93m - Lta Operations Limited
£621.3k - Industry AVG
Growth
3 year (CAGR) sales growth of 26%, show it is growing at a faster rate (8.9%)
26% - Lta Operations Limited
8.9% - Industry AVG
Production
with a gross margin of 100%, this company has a lower cost of product (41%)
100% - Lta Operations Limited
41% - Industry AVG
Profitability
an operating margin of 0.2% make it less profitable than the average company (1.5%)
0.2% - Lta Operations Limited
1.5% - Industry AVG
Employees
with 582 employees, this is above the industry average (15)
- Lta Operations Limited
15 - Industry AVG
Pay Structure
on an average salary of £28.9k, the company has an equivalent pay structure (£28.9k)
- Lta Operations Limited
£28.9k - Industry AVG
Efficiency
resulting in sales per employee of £159.8k, this is more efficient (£69.7k)
- Lta Operations Limited
£69.7k - Industry AVG
Debtor Days
it gets paid by customers after 129 days, this is later than average (16 days)
129 days - Lta Operations Limited
16 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Lta Operations Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Lta Operations Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (65 weeks)
4 weeks - Lta Operations Limited
65 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 130.4%, this is a higher level of debt than the average (38.4%)
130.4% - Lta Operations Limited
38.4% - Industry AVG
LTA OPERATIONS LIMITED financials
Lta Operations Limited's latest turnover from December 2023 is £93 million and the company has net assets of -£29.6 million. According to their latest financial statements, we estimate that Lta Operations Limited has 582 employees and maintains cash reserves of £9.2 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 | 92,979,000 | 79,784,000 | 60,650,000 | 47,000,000 | 77,372,000 | 65,472,000 | 62,088,000 | 65,919,000 | 64,944,000 | 65,836,000 | 52,308,000 | 53,776,000 | |
| Other Income Or Grants | |||||||||||||
| Cost Of Sales | |||||||||||||
| Gross Profit | 92,979,000 | 79,784,000 | |||||||||||
| Admin Expenses | 92,818,000 | 86,324,000 | |||||||||||
| Operating Profit | 161,000 | -6,540,000 | -2,511,000 | -3,621,000 | 6,627,000 | -4,620,000 | -6,881,000 | -1,204,000 | 1,258,000 | -3,132,000 | -4,106,000 | -5,171,000 | |
| Interest Payable | 282,000 | 287,000 | 12,000 | ||||||||||
| Interest Receivable | 240,000 | 31,000 | 6,000 | 14,000 | 44,000 | 12,000 | 6,000 | 15,000 | 14,000 | 28,000 | 48,000 | 41,000 | |
| Pre-Tax Profit | 416,000 | -6,796,000 | -2,517,000 | -3,607,000 | 6,671,000 | -4,608,000 | -6,875,000 | -1,189,000 | 1,272,000 | -3,104,000 | -4,058,000 | -5,130,000 | |
| Tax | -968,000 | -1,919,000 | -60,000 | 201,000 | -691,000 | -656,000 | -314,000 | -2,128,000 | -917,000 | -1,100,000 | -657,000 | -867,000 | |
| Profit After Tax | -552,000 | -8,715,000 | -2,577,000 | -3,406,000 | 5,980,000 | -5,264,000 | -7,189,000 | -3,317,000 | 355,000 | -4,204,000 | -4,715,000 | -5,997,000 | |
| Dividends Paid | |||||||||||||
| Retained Profit | -552,000 | -8,715,000 | -2,577,000 | -3,406,000 | 5,980,000 | -5,264,000 | -7,189,000 | -3,317,000 | 355,000 | -4,204,000 | -4,715,000 | -5,997,000 | |
| Employee Costs | |||||||||||||
| Number Of Employees | |||||||||||||
| EBITDA* | 4,859,000 | -2,737,000 | 310,000 | -1,560,000 | 8,188,000 | -2,770,000 | -4,996,000 | 463,000 | 2,785,000 | -843,000 | -1,718,000 | -2,614,000 |
* 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 | 4,431,000 | 5,042,000 | 4,402,000 | 4,582,000 | 4,243,000 | 4,308,000 | 20,691,000 | 20,049,000 | 4,020,000 | 3,320,000 | 3,536,000 | 4,144,000 | |
| Intangible Assets | 10,585,000 | 10,711,000 | 8,762,000 | 6,382,000 | 3,148,000 | 1,599,000 | 2,241,000 | 1,630,000 | 528,000 | ||||
| Investments & Other | 11,548,000 | 332,000 | 332,000 | 332,000 | |||||||||
| Debtors (Due After 1 year) | 10,172,000 | 11,750,000 | 13,542,000 | 15,637,000 | 15,026,000 | 15,366,000 | 16,778,000 | 15,367,000 | 14,155,000 | 15,268,000 | 15,709,000 | 15,793,000 | |
| Total Fixed Assets | 36,736,000 | 27,835,000 | 27,038,000 | 26,933,000 | 22,417,000 | 21,273,000 | 22,932,000 | 21,679,000 | 18,175,000 | 18,588,000 | 19,245,000 | 20,465,000 | |
| Stock & work in progress | 397,000 | 227,000 | 173,000 | 348,000 | 459,000 | ||||||||
| Trade Debtors | 32,914,000 | 28,880,000 | 3,335,000 | 487,000 | 1,863,000 | 1,801,000 | 627,000 | 1,007,000 | 1,365,000 | 2,385,000 | 871,000 | 1,250,000 | |
| Group Debtors | 7,131,000 | 4,744,000 | 35,974,000 | 39,975,000 | 37,039,000 | 33,191,000 | 29,052,000 | 31,626,000 | 26,083,000 | 16,721,000 | 20,100,000 | 26,053,000 | |
| Misc Debtors | 8,970,000 | 11,006,000 | 10,426,000 | 9,092,000 | 9,958,000 | 5,673,000 | 6,797,000 | 8,033,000 | 6,306,000 | 4,356,000 | 2,371,000 | 2,956,000 | |
| Cash | 9,227,000 | 22,907,000 | 23,558,000 | 11,804,000 | 12,219,000 | 12,823,000 | 3,614,000 | 4,556,000 | 7,322,000 | 14,899,000 | 12,146,000 | 10,655,000 | |
| misc current assets | 2,031,000 | 3,083,000 | 2,860,000 | 1,625,000 | 1,440,000 | 2,055,000 | 2,287,000 | 2,039,000 | |||||
| total current assets | 60,670,000 | 67,764,000 | 73,466,000 | 61,706,000 | 61,538,000 | 56,571,000 | 42,950,000 | 46,847,000 | 42,516,000 | 40,416,000 | 37,775,000 | 42,953,000 | |
| total assets | 97,406,000 | 95,599,000 | 100,504,000 | 88,639,000 | 83,955,000 | 77,844,000 | 65,882,000 | 68,526,000 | 60,691,000 | 59,004,000 | 57,020,000 | 63,418,000 | |
| Bank overdraft | |||||||||||||
| Bank loan | |||||||||||||
| Trade Creditors | 696,000 | 315,000 | 725,000 | 673,000 | 919,000 | 613,000 | 165,000 | 464,000 | 163,000 | 125,000 | 403,000 | ||
| Group/Directors Accounts | 97,415,000 | 95,804,000 | 92,786,000 | 92,106,000 | 87,748,000 | 88,817,000 | 54,921,000 | 51,773,000 | 48,687,000 | 53,266,000 | |||
| other short term finances | 1,855,000 | 1,192,000 | |||||||||||
| hp & lease commitments | |||||||||||||
| other current liabilities | 15,398,000 | 13,895,000 | 12,963,000 | 9,547,000 | 9,077,000 | 8,250,000 | 80,784,000 | 75,940,000 | 10,168,000 | 12,022,000 | 8,642,000 | 6,149,000 | |
| total current liabilities | 115,364,000 | 111,206,000 | 106,474,000 | 102,326,000 | 97,744,000 | 97,680,000 | 80,949,000 | 76,404,000 | 65,252,000 | 63,920,000 | 57,732,000 | 59,415,000 | |
| loans | 11,619,000 | 13,406,000 | 14,312,000 | ||||||||||
| hp & lease commitments | |||||||||||||
| Accruals and Deferred Income | |||||||||||||
| other liabilities | |||||||||||||
| provisions | 25,000 | 37,000 | 53,000 | 4,071,000 | 563,000 | 495,000 | |||||||
| total long term liabilities | 11,644,000 | 13,443,000 | 14,365,000 | 4,071,000 | 563,000 | 495,000 | |||||||
| total liabilities | 127,008,000 | 124,649,000 | 120,839,000 | 106,397,000 | 98,307,000 | 98,175,000 | 80,949,000 | 76,404,000 | 65,252,000 | 63,920,000 | 57,732,000 | 59,415,000 | |
| net assets | -29,602,000 | -29,050,000 | -20,335,000 | -17,758,000 | -14,352,000 | -20,331,000 | -15,067,000 | -7,878,000 | -4,561,000 | -4,916,000 | -712,000 | 4,003,000 | |
| total shareholders funds | -29,602,000 | -29,050,000 | -20,335,000 | -17,758,000 | -14,352,000 | -20,331,000 | -15,067,000 | -7,878,000 | -4,561,000 | -4,916,000 | -712,000 | 4,003,000 |
| 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 | 161,000 | -6,540,000 | -2,511,000 | -3,621,000 | 6,627,000 | -4,620,000 | -6,881,000 | -1,204,000 | 1,258,000 | -3,132,000 | -4,106,000 | -5,171,000 | |
| Depreciation | 1,140,000 | 1,064,000 | 954,000 | 989,000 | 862,000 | 831,000 | 1,822,000 | 1,667,000 | 1,527,000 | 2,289,000 | 1,860,000 | 2,217,000 | |
| Amortisation | 3,558,000 | 2,739,000 | 1,867,000 | 1,072,000 | 699,000 | 1,019,000 | 63,000 | 528,000 | 340,000 | ||||
| Tax | -968,000 | -1,919,000 | -60,000 | 201,000 | -691,000 | -656,000 | -314,000 | -2,128,000 | -917,000 | -1,100,000 | -657,000 | -867,000 | |
| Stock | 170,000 | 54,000 | -175,000 | -111,000 | 459,000 | ||||||||
| Debtors | 2,807,000 | -6,897,000 | -1,914,000 | 1,305,000 | 7,855,000 | 2,777,000 | -2,779,000 | 8,124,000 | 9,179,000 | -321,000 | -7,001,000 | 46,052,000 | |
| Creditors | 381,000 | -410,000 | 52,000 | -246,000 | 306,000 | 448,000 | -299,000 | 301,000 | 38,000 | -278,000 | 403,000 | ||
| Accruals and Deferred Income | 1,503,000 | 932,000 | 3,416,000 | 470,000 | 827,000 | -72,534,000 | 4,844,000 | 65,772,000 | -1,854,000 | 3,380,000 | 2,493,000 | 6,149,000 | |
| Deferred Taxes & Provisions | -12,000 | -16,000 | -4,018,000 | 3,508,000 | 68,000 | 495,000 | |||||||
| Cash flow from operations | 2,786,000 | 2,693,000 | 1,789,000 | 1,179,000 | 384,000 | -77,794,000 | 2,014,000 | 56,284,000 | -9,127,000 | 1,480,000 | 7,522,000 | -43,384,000 | |
| Investing Activities | |||||||||||||
| capital expenditure | |||||||||||||
| Change in Investments | 11,216,000 | 332,000 | |||||||||||
| cash flow from investments | |||||||||||||
| Financing Activities | |||||||||||||
| Bank loans | |||||||||||||
| Group/Directors Accounts | 1,611,000 | 3,018,000 | 680,000 | 4,358,000 | -1,069,000 | 88,817,000 | -54,921,000 | 3,148,000 | 3,086,000 | -4,579,000 | 53,266,000 | ||
| Other Short Term Loans | 663,000 | 1,192,000 | |||||||||||
| Long term loans | -1,787,000 | -906,000 | 14,312,000 | ||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||
| other long term liabilities | |||||||||||||
| share issue | |||||||||||||
| interest | -42,000 | -256,000 | -6,000 | 14,000 | 44,000 | 12,000 | 6,000 | 15,000 | 14,000 | 28,000 | 48,000 | 41,000 | |
| cash flow from financing | 445,000 | 3,048,000 | 14,986,000 | 4,372,000 | -1,026,000 | 88,829,000 | 6,000 | -54,906,000 | 3,162,000 | 3,114,000 | -4,531,000 | 63,307,000 | |
| cash and cash equivalents | |||||||||||||
| cash | -13,680,000 | -651,000 | 11,754,000 | -415,000 | -604,000 | 9,209,000 | -942,000 | -2,766,000 | -7,577,000 | 2,753,000 | 1,491,000 | 10,655,000 | |
| overdraft | |||||||||||||
| change in cash | -13,680,000 | -651,000 | 11,754,000 | -415,000 | -604,000 | 9,209,000 | -942,000 | -2,766,000 | -7,577,000 | 2,753,000 | 1,491,000 | 10,655,000 |
lta operations limited Credit Report and Business Information
Lta Operations Limited Competitor Analysis
Perform a competitor analysis for lta operations limited by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other large companies, companies in SW15 area or any other competitors across 12 key performance metrics.
lta operations limited Ownership
LTA OPERATIONS LIMITED group structure
Lta Operations Limited has 1 subsidiary company.
Ultimate parent company
1 parent
LTA OPERATIONS LIMITED
07475460
1 subsidiary
lta operations limited directors
Lta Operations Limited currently has 2 directors. The longest serving directors include Mr Simon Steele (Nov 2016) and Mr Scott Lloyd (Jan 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Simon Steele | 53 years | Nov 2016 | - | Director | |
| Mr Scott Lloyd | 49 years | Jan 2018 | - | Director |
P&L
December 2023turnover
93m
+17%
operating profit
161k
-102%
gross margin
100%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-29.6m
+0.02%
total assets
97.4m
+0.02%
cash
9.2m
-0.6%
net assets
Total assets minus all liabilities
lta operations limited company details
company number
07475460
Type
Private limited with Share Capital
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
Audit Exemption Subsidiary
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
the national tennis centre, 100 priory lane, london, SW15 5JQ
Bank
-
Legal Advisor
-
lta operations 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 1 charges/mortgages relating to lta operations limited. Currently there are 1 open charges and 0 have been satisfied in the past.
lta operations 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.
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lta operations limited Companies House Filings - See Documents
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