richard lefton furnishings limited
richard lefton furnishings limited Company Information
Company Number
07687881
Next Accounts
2001 days late
Directors
Shareholders
mr richard stuart lefton
mrs allison roth
Group Structure
View All
Industry
Retail sale of furniture, lighting equipment and other household articles (other than musical instruments) n.e.c., in specialised stores
Registered Address
the town hall 83 burnley road, padiham, burnley, lancashire, BB12 8BS
Website
leftonsgroup.comrichard lefton furnishings limited Estimated Valuation
Pomanda estimates the enterprise value of RICHARD LEFTON FURNISHINGS LIMITED at £441.5k based on a Turnover of £1.2m and 0.37x industry multiple (adjusted for size and gross margin).
richard lefton furnishings limited Estimated Valuation
Pomanda estimates the enterprise value of RICHARD LEFTON FURNISHINGS LIMITED at £0 based on an EBITDA of £-40.3k and a 3.88x industry multiple (adjusted for size and gross margin).
richard lefton furnishings limited Estimated Valuation
Pomanda estimates the enterprise value of RICHARD LEFTON FURNISHINGS LIMITED at £0 based on Net Assets of £-99.2k and 2.13x industry multiple (adjusted for liquidity).
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Richard Lefton Furnishings Limited Overview
Richard Lefton Furnishings Limited is a live company located in burnley, BB12 8BS with a Companies House number of 07687881. It operates in the retail of furniture, lighting, and similar (not musical instruments or scores) in specialised store sector, SIC Code 47599. Founded in June 2011, it's largest shareholder is mr richard stuart lefton with a 95% stake. Richard Lefton Furnishings Limited is a established, small sized company, Pomanda has estimated its turnover at £1.2m with declining growth in recent years.
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Richard Lefton Furnishings Limited Health Check
Pomanda's financial health check has awarded Richard Lefton Furnishings Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
7 Weak
Size
annual sales of £1.2m, make it in line with the average company (£1m)
- Richard Lefton Furnishings Limited
£1m - Industry AVG
Growth
3 year (CAGR) sales growth of -24%, show it is growing at a slower rate (6.7%)
- Richard Lefton Furnishings Limited
6.7% - Industry AVG
Production
with a gross margin of 43.1%, this company has a comparable cost of product (43.1%)
- Richard Lefton Furnishings Limited
43.1% - Industry AVG
Profitability
an operating margin of -5.1% make it less profitable than the average company (3.6%)
- Richard Lefton Furnishings Limited
3.6% - Industry AVG
Employees
with 12 employees, this is below the industry average (16)
12 - Richard Lefton Furnishings Limited
16 - Industry AVG
Pay Structure
on an average salary of £27k, the company has an equivalent pay structure (£27k)
- Richard Lefton Furnishings Limited
£27k - Industry AVG
Efficiency
resulting in sales per employee of £99k, this is less efficient (£136.8k)
- Richard Lefton Furnishings Limited
£136.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Richard Lefton Furnishings Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 101 days, this is slower than average (44 days)
- Richard Lefton Furnishings Limited
44 days - Industry AVG
Stock Days
it holds stock equivalent to 165 days, this is more than average (84 days)
- Richard Lefton Furnishings Limited
84 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (19 weeks)
0 weeks - Richard Lefton Furnishings Limited
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 115.5%, this is a higher level of debt than the average (66.1%)
115.5% - Richard Lefton Furnishings Limited
66.1% - Industry AVG
RICHARD LEFTON FURNISHINGS LIMITED financials
Richard Lefton Furnishings Limited's latest turnover from November 2017 is estimated at £1.2 million and the company has net assets of -£99.2 thousand. According to their latest financial statements, Richard Lefton Furnishings Limited has 12 employees and maintains cash reserves of £107 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 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 | 12 | 13 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 69,146 | 75,986 | 5,043 | 6,340 | 8,116 | 7,238 |
| Intangible Assets | 214,272 | 227,664 | 241,056 | 254,448 | 206,952 | 206,952 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 283,418 | 303,650 | 246,099 | 260,788 | 215,068 | 214,190 |
| Stock & work in progress | 307,081 | 327,313 | 314,230 | 285,296 | 259,582 | 282,110 |
| Trade Debtors | 0 | 0 | 0 | 98,912 | 15,194 | 4,780 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 48,047 | 55,885 | 99,061 | 0 | 0 | 0 |
| Cash | 107 | 191 | 1 | 18,767 | 152,257 | 41,473 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 355,235 | 383,389 | 413,292 | 402,975 | 427,033 | 328,363 |
| total assets | 638,653 | 687,039 | 659,391 | 663,763 | 642,101 | 542,553 |
| Bank overdraft | 14,803 | 6,912 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 189,014 | 213,161 | 410,118 | 349,622 | 395,581 | 552,960 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 4,079 | 4,078 | 0 | 0 | 0 | 0 |
| other current liabilities | 266,953 | 353,702 | 0 | 0 | 0 | 0 |
| total current liabilities | 474,849 | 577,853 | 410,118 | 349,622 | 395,581 | 552,960 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 11,919 | 15,998 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 242,417 | 121,083 | 291,000 | 295,000 | 245,000 | 0 |
| provisions | 8,717 | 10,085 | 2,815 | 2,445 | 1,104 | 0 |
| total long term liabilities | 263,053 | 147,166 | 293,815 | 297,445 | 246,104 | 0 |
| total liabilities | 737,902 | 725,019 | 703,933 | 647,067 | 641,685 | 552,960 |
| net assets | -99,249 | -37,980 | -44,542 | 16,696 | 416 | -10,407 |
| total shareholders funds | -99,249 | -37,980 | -44,542 | 16,696 | 416 | -10,407 |
| Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 6,840 | 6,537 | 2,199 | 2,125 | 1,498 | 1,852 |
| Amortisation | 13,392 | 13,392 | 13,392 | 13,392 | 0 | 0 |
| Tax | ||||||
| Stock | -20,232 | 13,083 | 28,934 | 25,714 | -22,528 | 282,110 |
| Debtors | -7,838 | -43,176 | 149 | 83,718 | 10,414 | 4,780 |
| Creditors | -24,147 | -196,957 | 60,496 | -45,959 | -157,379 | 552,960 |
| Accruals and Deferred Income | -86,749 | 353,702 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | -1,368 | 7,270 | 370 | 1,341 | 1,104 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | -4,078 | 20,076 | 0 | 0 | 0 | 0 |
| other long term liabilities | 121,334 | -169,917 | -4,000 | 50,000 | 245,000 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | -84 | 190 | -18,766 | -133,490 | 110,784 | 41,473 |
| overdraft | 7,891 | 6,912 | 0 | 0 | 0 | 0 |
| change in cash | -7,975 | -6,722 | -18,766 | -133,490 | 110,784 | 41,473 |
richard lefton furnishings limited Credit Report and Business Information
Richard Lefton Furnishings Limited Competitor Analysis
Perform a competitor analysis for richard lefton furnishings limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in BB12 area or any other competitors across 12 key performance metrics.
richard lefton furnishings limited Ownership
RICHARD LEFTON FURNISHINGS LIMITED group structure
Richard Lefton Furnishings Limited has no subsidiary companies.
Ultimate parent company
RICHARD LEFTON FURNISHINGS LIMITED
07687881
richard lefton furnishings limited directors
Richard Lefton Furnishings Limited currently has 1 director, Mr Richard Lefton serving since Jun 2011.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Richard Lefton | England | 59 years | Jun 2011 | - | Director |
P&L
November 2017turnover
1.2m
-17%
operating profit
-60.6k
0%
gross margin
43.1%
+3.67%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2017net assets
-99.2k
+1.61%
total assets
638.7k
-0.07%
cash
107
-0.44%
net assets
Total assets minus all liabilities
richard lefton furnishings limited company details
company number
07687881
Type
Private limited with Share Capital
industry
47599 - Retail sale of furniture, lighting equipment and other household articles (other than musical instruments) n.e.c., in specialised stores
incorporation date
June 2011
age
14
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
November 2017
previous names
N/A
accountant
-
auditor
-
address
the town hall 83 burnley road, padiham, burnley, lancashire, BB12 8BS
Bank
-
Legal Advisor
-
richard lefton furnishings 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 richard lefton furnishings limited.
richard lefton furnishings 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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richard lefton furnishings limited Companies House Filings - See Documents
| date | description | view/download |
|---|
