lac groundworks limited
lac groundworks limited Company Information
Company Number
07678559
Website
www.lac-groundworks.co.ukRegistered Address
cleveland house casthorpe road, barrowby, grantham, lincolnshire, NG32 1DW
Industry
Site preparation
Telephone
01476576409
Next Accounts Due
March 2025
Group Structure
View All
Shareholders
katie sue laccohee 100%
lac groundworks limited Estimated Valuation
Pomanda estimates the enterprise value of LAC GROUNDWORKS LIMITED at £265.7k based on a Turnover of £1.4m and 0.2x industry multiple (adjusted for size and gross margin).
lac groundworks limited Estimated Valuation
Pomanda estimates the enterprise value of LAC GROUNDWORKS LIMITED at £0 based on an EBITDA of £-11.7k and a 2.39x industry multiple (adjusted for size and gross margin).
lac groundworks limited Estimated Valuation
Pomanda estimates the enterprise value of LAC GROUNDWORKS LIMITED at £0 based on Net Assets of £-369.3k and 1.94x industry multiple (adjusted for liquidity).
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Lac Groundworks Limited Overview
Lac Groundworks Limited is a live company located in grantham, NG32 1DW with a Companies House number of 07678559. It operates in the site preparation sector, SIC Code 43120. Founded in June 2011, it's largest shareholder is katie sue laccohee with a 100% stake. Lac Groundworks Limited is a established, small sized company, Pomanda has estimated its turnover at £1.4m with high growth in recent years.
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Lac Groundworks Limited Health Check
Pomanda's financial health check has awarded Lac Groundworks Limited a 2.5 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
3 Strong
1 Regular
5 Weak
Size
annual sales of £1.4m, make it smaller than the average company (£12.9m)
- Lac Groundworks Limited
£12.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 23%, show it is growing at a faster rate (8.3%)
- Lac Groundworks Limited
8.3% - Industry AVG
Production
with a gross margin of 14.6%, this company has a higher cost of product (21.6%)
- Lac Groundworks Limited
21.6% - Industry AVG
Profitability
an operating margin of -0.9% make it less profitable than the average company (7.6%)
- Lac Groundworks Limited
7.6% - Industry AVG
Employees
with 3 employees, this is below the industry average (38)
3 - Lac Groundworks Limited
38 - Industry AVG
Pay Structure
on an average salary of £46.5k, the company has an equivalent pay structure (£46.5k)
- Lac Groundworks Limited
£46.5k - Industry AVG
Efficiency
resulting in sales per employee of £452.9k, this is more efficient (£252.4k)
- Lac Groundworks Limited
£252.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Lac Groundworks Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 116 days, this is slower than average (42 days)
- Lac Groundworks Limited
42 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Lac Groundworks Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Lac Groundworks Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 6860.6%, this is a higher level of debt than the average (57.8%)
6860.6% - Lac Groundworks Limited
57.8% - Industry AVG
lac groundworks limited Credit Report and Business Information
Lac Groundworks Limited Competitor Analysis
Perform a competitor analysis for lac groundworks limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
lac groundworks limited Ownership
LAC GROUNDWORKS LIMITED group structure
Lac Groundworks Limited has no subsidiary companies.
Ultimate parent company
LAC GROUNDWORKS LIMITED
07678559
lac groundworks limited directors
Lac Groundworks Limited currently has 3 directors. The longest serving directors include Miss Katie Laccohee (Jun 2011) and Mrs Sue Laccohee (Apr 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Miss Katie Laccohee | United Kingdom | 33 years | Jun 2011 | - | Director |
| Mrs Sue Laccohee | 56 years | Apr 2015 | - | Director | |
| Mr Philip Laccohee | 63 years | Apr 2015 | - | Director |
LAC GROUNDWORKS LIMITED financials
Lac Groundworks Limited's latest turnover from June 2023 is estimated at £1.4 million and the company has net assets of -£369.3 thousand. According to their latest financial statements, Lac Groundworks Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 3 | 3 | 3 | 3 | 2 | 2 | 2 | 2 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 5,462 | 13,770 | 23,203 | 35,358 | 26,936 | 38,511 | 40,803 | 2,909 | 3,565 | 8,931 | 16,921 | 29,808 |
| Intangible Assets | 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 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 5,462 | 13,770 | 23,203 | 35,358 | 26,936 | 38,511 | 40,803 | 2,909 | 3,565 | 8,931 | 16,921 | 29,808 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,100 | 2,985 | 3,100 |
| Trade Debtors | 0 | 0 | 0 | 5,855 | 0 | 0 | 0 | 0 | 7,040 | 6,520 | 3,510 | 3,510 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 45 | 674 | 1,162 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 8,672 | 921 | 700 | 236 | 531 | 5,118 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 0 | 0 | 0 | 5,900 | 674 | 1,162 | 8,672 | 921 | 7,740 | 9,856 | 7,026 | 11,728 |
| total assets | 5,462 | 13,770 | 23,203 | 41,258 | 27,610 | 39,673 | 49,475 | 3,830 | 11,305 | 18,787 | 23,947 | 41,536 |
| Bank overdraft | 0 | 0 | 0 | 0 | 10,059 | 11,464 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 368,976 | 362,591 | 372,121 | 376,757 | 0 | 0 | 0 | 0 | 227,425 | 198,085 | 149,093 | 120,680 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 351,232 | 342,999 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 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 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 335,192 | 263,793 | 0 | 0 | 0 | 0 |
| total current liabilities | 368,976 | 362,591 | 372,121 | 376,757 | 361,291 | 354,463 | 335,192 | 263,793 | 227,425 | 198,085 | 149,093 | 120,680 |
| loans | 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 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 5,750 | 8,750 | 11,750 | 12,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 713 | 1,786 | 3,384 | 5,962 |
| total long term liabilities | 5,750 | 8,750 | 11,750 | 12,000 | 0 | 0 | 0 | 0 | 713 | 1,786 | 3,384 | 5,962 |
| total liabilities | 374,726 | 371,341 | 383,871 | 388,757 | 361,291 | 354,463 | 335,192 | 263,793 | 228,138 | 199,871 | 152,477 | 126,642 |
| net assets | -369,264 | -357,571 | -360,668 | -347,499 | -333,681 | -314,790 | -285,717 | -259,963 | -216,833 | -181,084 | -128,530 | -85,106 |
| total shareholders funds | -369,264 | -357,571 | -360,668 | -347,499 | -333,681 | -314,790 | -285,717 | -259,963 | -216,833 | -181,084 | -128,530 | -85,106 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | ||||||||||||
| Depreciation | 11,076 | 7,865 | 12,914 | 13,520 | 538 | 8,730 | 8,191 | 8,140 | 9,823 | |||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Tax | ||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -3,100 | 115 | -115 | 3,100 |
| Debtors | 0 | 0 | -5,900 | 5,226 | -488 | 1,162 | 0 | -7,040 | 520 | 3,010 | 0 | 3,510 |
| Creditors | 6,385 | -9,530 | -4,636 | 376,757 | 0 | 0 | 0 | -227,425 | 29,340 | 48,992 | 28,413 | 120,680 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | -335,192 | 71,399 | 263,793 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -713 | -1,073 | -1,598 | -2,578 | 5,962 |
| Cash flow from operations | ||||||||||||
| Investing Activities | ||||||||||||
| capital expenditure | ||||||||||||
| Change in Investments | 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 |
| Group/Directors Accounts | 0 | 0 | 0 | -351,232 | 8,233 | 342,999 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 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 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -3,000 | -3,000 | -250 | 12,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||
| interest | ||||||||||||
| cash flow from financing | ||||||||||||
| cash and cash equivalents | ||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | -8,672 | 7,751 | 221 | 464 | -295 | -4,587 | 5,118 |
| overdraft | 0 | 0 | 0 | -10,059 | -1,405 | 11,464 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 10,059 | 1,405 | -20,136 | 7,751 | 221 | 464 | -295 | -4,587 | 5,118 |
P&L
June 2023turnover
1.4m
+34%
operating profit
-11.7k
0%
gross margin
14.7%
+11.34%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
-369.3k
+0.03%
total assets
5.5k
-0.6%
cash
0
0%
net assets
Total assets minus all liabilities
lac groundworks limited company details
company number
07678559
Type
Private limited with Share Capital
industry
43120 - Site preparation
incorporation date
June 2011
age
13
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
cleveland house casthorpe road, barrowby, grantham, lincolnshire, NG32 1DW
last accounts submitted
June 2023
lac groundworks 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 lac groundworks limited.
lac groundworks limited Companies House Filings - See Documents
| date | description | view/download |
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