la ict services limited
la ict services limited Company Information
Company Number
07799425
Next Accounts
Dec 2025
Industry
Other information technology and computer service activities
Shareholders
lee christopher jellings
alfonzo salvatore festa
Group Structure
View All
Contact
Registered Address
chase accountancy limited, 4 station court, cannock, staffordshire, WS11 0EJ
Website
www.la-ict.comla ict services limited Estimated Valuation
Pomanda estimates the enterprise value of LA ICT SERVICES LIMITED at £410k based on a Turnover of £792.1k and 0.52x industry multiple (adjusted for size and gross margin).
la ict services limited Estimated Valuation
Pomanda estimates the enterprise value of LA ICT SERVICES LIMITED at £44.1k based on an EBITDA of £12.1k and a 3.64x industry multiple (adjusted for size and gross margin).
la ict services limited Estimated Valuation
Pomanda estimates the enterprise value of LA ICT SERVICES LIMITED at £550.8k based on Net Assets of £246.8k and 2.23x industry multiple (adjusted for liquidity).
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La Ict Services Limited Overview
La Ict Services Limited is a live company located in cannock, WS11 0EJ with a Companies House number of 07799425. It operates in the other information technology service activities sector, SIC Code 62090. Founded in October 2011, it's largest shareholder is lee christopher jellings with a 50% stake. La Ict Services Limited is a established, small sized company, Pomanda has estimated its turnover at £792.1k with healthy growth in recent years.
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La Ict Services Limited Health Check
Pomanda's financial health check has awarded La Ict Services Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
8 Weak
Size
annual sales of £792.1k, make it smaller than the average company (£6.9m)
- La Ict Services Limited
£6.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 5%, show it is growing at a slower rate (8.9%)
- La Ict Services Limited
8.9% - Industry AVG
Production
with a gross margin of 24.3%, this company has a higher cost of product (47.8%)
- La Ict Services Limited
47.8% - Industry AVG
Profitability
an operating margin of 1.5% make it less profitable than the average company (3.7%)
- La Ict Services Limited
3.7% - Industry AVG
Employees
with 9 employees, this is below the industry average (41)
9 - La Ict Services Limited
41 - Industry AVG
Pay Structure
on an average salary of £70.9k, the company has an equivalent pay structure (£70.9k)
- La Ict Services Limited
£70.9k - Industry AVG
Efficiency
resulting in sales per employee of £88k, this is less efficient (£169.9k)
- La Ict Services Limited
£169.9k - Industry AVG
Debtor Days
it gets paid by customers after 113 days, this is later than average (53 days)
- La Ict Services Limited
53 days - Industry AVG
Creditor Days
its suppliers are paid after 17 days, this is quicker than average (36 days)
- La Ict Services Limited
36 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- La Ict Services Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - La Ict Services Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 21.8%, this is a lower level of debt than the average (62.8%)
21.8% - La Ict Services Limited
62.8% - Industry AVG
LA ICT SERVICES LIMITED financials
La Ict Services Limited's latest turnover from March 2024 is estimated at £792.1 thousand and the company has net assets of £246.8 thousand. According to their latest financial statements, La Ict Services Limited has 9 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Oct 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 680,168 | 691,664 | 574,159 | 572,611 | ||||||||
| Other Income Or Grants | ||||||||||||
| Cost Of Sales | ||||||||||||
| Gross Profit | ||||||||||||
| Admin Expenses | ||||||||||||
| Operating Profit | ||||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | ||||||||
| Interest Receivable | 0 | 0 | 0 | 0 | ||||||||
| Pre-Tax Profit | 160,142 | 178,995 | 93,186 | 161,185 | ||||||||
| Tax | -27,243 | -33,808 | -16,179 | -32,237 | ||||||||
| Profit After Tax | 132,899 | 145,187 | 77,007 | 128,948 | ||||||||
| Dividends Paid | 0 | 0 | 0 | 0 | ||||||||
| Retained Profit | 132,899 | 145,187 | 77,007 | 128,948 | ||||||||
| Employee Costs | 176,166 | 172,500 | 152,726 | 159,939 | ||||||||
| Number Of Employees | 9 | 8 | 7 | 8 | 8 | 8 | 7 | 7 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Oct 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 69,752 | 54,957 | 13,461 | 1,650 | 593 | 2,595 | 8,046 | 11,861 | 14,280 | 10,655 | 1,273 | 1,047 |
| 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 | 69,752 | 54,957 | 13,461 | 1,650 | 593 | 2,595 | 8,046 | 11,861 | 14,280 | 10,655 | 1,273 | 1,047 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 245,804 | 376,736 | 344,860 | 428,807 | 351,205 | 48,932 | 238,631 | 167,676 | 191,602 | 51,958 | 37,551 | 810 |
| Group Debtors | 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 |
| Cash | 0 | 0 | 0 | 0 | 0 | 282,659 | 0 | 0 | 112,134 | 56,367 | 1,286 | 11,004 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 245,804 | 376,736 | 344,860 | 428,807 | 351,205 | 331,591 | 238,631 | 167,676 | 303,736 | 108,325 | 38,837 | 11,814 |
| total assets | 315,556 | 431,693 | 358,321 | 430,457 | 351,798 | 334,186 | 246,677 | 179,537 | 318,016 | 118,980 | 40,110 | 12,861 |
| Bank overdraft | 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 |
| Trade Creditors | 29,477 | 94,375 | 38,162 | 52,334 | 74,327 | 37,066 | 95,565 | 65,417 | 220,047 | 90,684 | 38,464 | 12,118 |
| Group/Directors Accounts | 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 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 131,210 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 29,477 | 94,375 | 38,162 | 52,334 | 74,327 | 168,276 | 95,565 | 65,417 | 220,047 | 90,684 | 38,464 | 12,118 |
| 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 | 85,852 | 156,714 | 91,249 | 0 | 22,275 | 2,000 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 39,304 | 99,642 | 0 | 0 | 0 | 0 | 0 | 0 | 2,856 | 2,131 | 255 | 209 |
| total long term liabilities | 39,304 | 99,642 | 85,852 | 156,714 | 91,249 | 0 | 22,275 | 2,000 | 2,856 | 2,131 | 255 | 209 |
| total liabilities | 68,781 | 194,017 | 124,014 | 209,048 | 165,576 | 168,276 | 117,840 | 67,417 | 222,903 | 92,815 | 38,719 | 12,327 |
| net assets | 246,775 | 237,676 | 234,307 | 221,409 | 186,222 | 165,910 | 128,837 | 112,120 | 95,113 | 26,165 | 1,391 | 534 |
| total shareholders funds | 246,775 | 237,676 | 234,307 | 221,409 | 186,222 | 165,910 | 128,837 | 112,120 | 95,113 | 26,165 | 1,391 | 534 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Oct 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | ||||||||||||
| Depreciation | 19,808 | 4,672 | 1,145 | 5,599 | 2,521 | 1,878 | 344 | 185 | ||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Tax | -27,243 | -33,808 | -16,179 | -32,237 | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -130,932 | 31,876 | -83,947 | 77,602 | 302,273 | -189,699 | 70,955 | -23,926 | 139,644 | 14,407 | 37,551 | 810 |
| Creditors | -64,898 | 56,213 | -14,172 | -21,993 | 37,261 | -58,499 | 30,148 | -154,630 | 129,363 | 52,220 | 38,464 | 12,118 |
| Accruals and Deferred Income | 0 | -85,852 | -70,862 | 65,465 | -39,961 | 108,935 | 20,275 | 2,000 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | -60,338 | 99,642 | 0 | 0 | 0 | 0 | 0 | -2,856 | 725 | 1,876 | 255 | 209 |
| 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 | 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 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||
| interest | 0 | 0 | 0 | 0 | ||||||||
| cash flow from financing | -120,001 | -110,000 | -60,000 | -60,000 | ||||||||
| cash and cash equivalents | ||||||||||||
| cash | 0 | 0 | 0 | 0 | -282,659 | 282,659 | 0 | -112,134 | 55,767 | 55,081 | 1,286 | 11,004 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | -282,659 | 282,659 | 0 | -112,134 | 55,767 | 55,081 | 1,286 | 11,004 |
la ict services limited Credit Report and Business Information
La Ict Services Limited Competitor Analysis
Perform a competitor analysis for la ict services limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in WS11 area or any other competitors across 12 key performance metrics.
la ict services limited Ownership
LA ICT SERVICES LIMITED group structure
La Ict Services Limited has no subsidiary companies.
Ultimate parent company
LA ICT SERVICES LIMITED
07799425
la ict services limited directors
La Ict Services Limited currently has 2 directors. The longest serving directors include Mr Alfonzo Festa (Oct 2011) and Mr Lee Jellings (Oct 2011).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Alfonzo Festa | England | 43 years | Oct 2011 | - | Director |
| Mr Lee Jellings | United Kingdom | 43 years | Oct 2011 | - | Director |
P&L
March 2024turnover
792.1k
-20%
operating profit
12.1k
0%
gross margin
24.4%
-5.67%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
246.8k
+0.04%
total assets
315.6k
-0.27%
cash
0
0%
net assets
Total assets minus all liabilities
la ict services limited company details
company number
07799425
Type
Private limited with Share Capital
industry
62090 - Other information technology and computer service activities
incorporation date
October 2011
age
13
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
CHASE ACCOUNTANCY LIMITED
auditor
-
address
chase accountancy limited, 4 station court, cannock, staffordshire, WS11 0EJ
Bank
-
Legal Advisor
-
la ict services 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 la ict services limited.
la ict services limited Companies House Filings - See Documents
| date | description | view/download |
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