lincoln utc
lincoln utc Company Information
Group Structure
View All
Industry
Technical and vocational secondary education
Registered Address
lincoln utc lindum road, lincoln, lincs, LN2 1PF
Website
www.lincolnutc.co.uklincoln utc Estimated Valuation
Pomanda estimates the enterprise value of LINCOLN UTC at £2.6m based on a Turnover of £3.5m and 0.73x industry multiple (adjusted for size and gross margin).
lincoln utc Estimated Valuation
Pomanda estimates the enterprise value of LINCOLN UTC at £894k based on an EBITDA of £190.4k and a 4.7x industry multiple (adjusted for size and gross margin).
lincoln utc Estimated Valuation
Pomanda estimates the enterprise value of LINCOLN UTC at £26.3m based on Net Assets of £10m and 2.63x industry multiple (adjusted for liquidity).
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Lincoln Utc Overview
Lincoln Utc is a live company located in lincs, LN2 1PF with a Companies House number of 07898536. It operates in the technical and vocational secondary education sector, SIC Code 85320. Founded in January 2012, it's largest shareholder is unknown. Lincoln Utc is a established, small sized company, Pomanda has estimated its turnover at £3.5m with healthy growth in recent years.
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Lincoln Utc Health Check
Pomanda's financial health check has awarded Lincoln Utc a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 2 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
2 Weak
Size
annual sales of £3.5m, make it larger than the average company (£764.4k)
£3.5m - Lincoln Utc
£764.4k - Industry AVG
Growth
3 year (CAGR) sales growth of 11%, show it is growing at a faster rate (8.9%)
11% - Lincoln Utc
8.9% - Industry AVG
Production
with a gross margin of 55%, this company has a comparable cost of product (55%)
55% - Lincoln Utc
55% - Industry AVG
Profitability
an operating margin of 2.2% make it as profitable than the average company (2.2%)
2.2% - Lincoln Utc
2.2% - Industry AVG
Employees
with 49 employees, this is above the industry average (16)
49 - Lincoln Utc
16 - Industry AVG
Pay Structure
on an average salary of £50.8k, the company has a higher pay structure (£36.4k)
£50.8k - Lincoln Utc
£36.4k - Industry AVG
Efficiency
resulting in sales per employee of £72.4k, this is equally as efficient (£66.2k)
£72.4k - Lincoln Utc
£66.2k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Lincoln Utc
- - Industry AVG
Creditor Days
its suppliers are paid after 14 days, this is quicker than average (27 days)
14 days - Lincoln Utc
27 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Lincoln Utc
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 109 weeks, this is more cash available to meet short term requirements (80 weeks)
109 weeks - Lincoln Utc
80 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 3.6%, this is a lower level of debt than the average (26.9%)
3.6% - Lincoln Utc
26.9% - Industry AVG
LINCOLN UTC financials
Lincoln Utc's latest turnover from August 2024 is £3.5 million and the company has net assets of £10 million. According to their latest financial statements, Lincoln Utc has 49 employees and maintains cash reserves of £786.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2024 | Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Jan 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 3,546,895 | 3,283,735 | 2,874,578 | 2,563,316 | 2,036,315 | 1,644,028 | 1,753,714 | 1,733,973 | 4,023,786 | 7,565,389 | 2,606,203 | 489,527 | |
| Other Income Or Grants | |||||||||||||
| Cost Of Sales | |||||||||||||
| Gross Profit | |||||||||||||
| Admin Expenses | |||||||||||||
| Operating Profit | |||||||||||||
| Interest Payable | |||||||||||||
| Interest Receivable | |||||||||||||
| Pre-Tax Profit | 88,524 | 222,139 | 26,957 | 131,884 | 27,572 | -335,803 | -457,719 | -552,160 | 1,757,101 | 5,843,849 | 2,346,255 | 405,043 | |
| Tax | |||||||||||||
| Profit After Tax | 88,524 | 222,139 | 26,957 | 131,884 | 27,572 | -335,803 | -457,719 | -552,160 | 1,757,101 | 5,843,849 | 2,346,255 | 405,043 | |
| Dividends Paid | |||||||||||||
| Retained Profit | 88,524 | 222,139 | 26,957 | 131,884 | 27,572 | -335,803 | -457,719 | -552,160 | 1,757,101 | 5,843,849 | 2,346,255 | 405,043 | |
| Employee Costs | 2,487,709 | 2,178,403 | 2,219,123 | 1,857,797 | 1,507,536 | 1,338,674 | 1,542,793 | 1,524,285 | 1,459,932 | 787,103 | 166,062 | ||
| Number Of Employees | 49 | 49 | 46 | 44 | 40 | 36 | 37 | 32 | 32 | 32 | 3 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2024 | Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Jan 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 9,475,173 | 9,503,082 | 9,249,900 | 9,190,645 | 9,187,962 | 9,198,785 | 9,446,003 | 9,702,074 | 9,982,060 | 8,478,869 | 2,751,298 | 405,043 | |
| Intangible Assets | |||||||||||||
| Investments & Other | |||||||||||||
| Debtors (Due After 1 year) | |||||||||||||
| Total Fixed Assets | 9,475,173 | 9,503,082 | 9,249,900 | 9,190,645 | 9,187,962 | 9,198,785 | 9,446,003 | 9,702,074 | 9,982,060 | 8,478,869 | 2,751,298 | 405,043 | |
| Stock & work in progress | 3,289 | 3,339 | 3,409 | ||||||||||
| Trade Debtors | 763 | 163 | 332 | 593 | 320 | ||||||||
| Group Debtors | |||||||||||||
| Misc Debtors | 110,029 | 95,100 | 94,546 | 65,235 | 104,269 | 53,879 | 70,896 | 63,393 | 63,337 | 385,082 | 459,929 | 67,461 | |
| Cash | 786,872 | 764,564 | 953,707 | 460,509 | 214,719 | 122,975 | 359,179 | 674,979 | 702,608 | 514,037 | 146,620 | 82,013 | |
| misc current assets | |||||||||||||
| total current assets | 896,901 | 859,664 | 1,049,016 | 525,744 | 318,988 | 176,854 | 433,527 | 742,043 | 769,947 | 899,439 | 606,549 | 149,474 | |
| total assets | 10,372,074 | 10,362,746 | 10,298,916 | 9,716,389 | 9,506,950 | 9,375,639 | 9,879,530 | 10,444,117 | 10,752,007 | 9,378,308 | 3,357,847 | 554,517 | |
| Bank overdraft | |||||||||||||
| Bank loan | |||||||||||||
| Trade Creditors | 65,203 | 45,482 | 49,878 | 1,244 | 68,976 | 31,353 | 30,223 | 35,905 | 100,721 | 3,987 | |||
| Group/Directors Accounts | |||||||||||||
| other short term finances | 441,689 | 213,049 | |||||||||||
| hp & lease commitments | |||||||||||||
| other current liabilities | 307,229 | 349,146 | 502,059 | 162,123 | 111,836 | 134,720 | 350,938 | 78,435 | 61,989 | 771,174 | 606,549 | 149,474 | |
| total current liabilities | 372,432 | 394,628 | 551,937 | 163,367 | 180,812 | 166,073 | 381,161 | 556,029 | 375,759 | 775,161 | 606,549 | 149,474 | |
| loans | |||||||||||||
| hp & lease commitments | |||||||||||||
| Accruals and Deferred Income | |||||||||||||
| other liabilities | |||||||||||||
| provisions | |||||||||||||
| total long term liabilities | 122,000 | 904,000 | 682,000 | 287,000 | 99,000 | 107,000 | 87,000 | 7,000 | |||||
| total liabilities | 372,432 | 394,628 | 673,937 | 1,067,367 | 862,812 | 453,073 | 480,161 | 663,029 | 462,759 | 782,161 | 606,549 | 149,474 | |
| net assets | 9,999,642 | 9,968,118 | 9,624,979 | 8,649,022 | 8,644,138 | 8,922,566 | 9,399,369 | 9,781,088 | 10,289,248 | 8,596,147 | 2,751,298 | 405,043 | |
| total shareholders funds | 9,999,642 | 9,968,118 | 9,624,979 | 8,649,022 | 8,644,138 | 8,922,566 | 9,399,369 | 9,781,088 | 10,289,248 | 8,596,147 | 2,751,298 | 405,043 |
| Aug 2024 | Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Jan 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | |||||||||||||
| Depreciation | 111,121 | 71,990 | 22,321 | 25,160 | 69,336 | 260,527 | 259,445 | 261,613 | 280,338 | 403,067 | |||
| Amortisation | |||||||||||||
| Tax | |||||||||||||
| Stock | -3,289 | -50 | -70 | 3,409 | |||||||||
| Debtors | 14,929 | -209 | 30,074 | -39,034 | 50,390 | -17,180 | 7,334 | -205 | -321,472 | -74,527 | 392,468 | 67,461 | |
| Creditors | 19,721 | -4,396 | 48,634 | -67,732 | 37,623 | 1,130 | -5,682 | -64,816 | 96,734 | 3,987 | |||
| Accruals and Deferred Income | -41,917 | -152,913 | 339,936 | 50,287 | -22,884 | -216,218 | 272,503 | 16,446 | -709,185 | 164,625 | 457,075 | 149,474 | |
| Deferred Taxes & Provisions | |||||||||||||
| Cash flow from operations | |||||||||||||
| Investing Activities | |||||||||||||
| capital expenditure | 22,908 | 22,713 | -1,341,819 | ||||||||||
| Change in Investments | |||||||||||||
| cash flow from investments | 22,908 | 22,713 | -1,341,819 | ||||||||||
| Financing Activities | |||||||||||||
| Bank loans | |||||||||||||
| Group/Directors Accounts | |||||||||||||
| Other Short Term Loans | -441,689 | 228,640 | 213,049 | ||||||||||
| Long term loans | |||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||
| other long term liabilities | |||||||||||||
| share issue | |||||||||||||
| interest | |||||||||||||
| cash flow from financing | -57,000 | 121,000 | 949,000 | -127,000 | -306,000 | -141,000 | -365,689 | 272,640 | 149,049 | 1,000 | |||
| cash and cash equivalents | |||||||||||||
| cash | 22,308 | -189,143 | 493,198 | 245,790 | 91,744 | -236,204 | -315,800 | -27,629 | 188,571 | 367,417 | 64,607 | 82,013 | |
| overdraft | |||||||||||||
| change in cash | 22,308 | -189,143 | 493,198 | 245,790 | 91,744 | -236,204 | -315,800 | -27,629 | 188,571 | 367,417 | 64,607 | 82,013 |
lincoln utc Credit Report and Business Information
Lincoln Utc Competitor Analysis
Perform a competitor analysis for lincoln utc by selecting its closest rivals, whether from the EDUCATION sector, other small companies, companies in LN2 area or any other competitors across 12 key performance metrics.
lincoln utc Ownership
LINCOLN UTC group structure
Lincoln Utc has no subsidiary companies.
Ultimate parent company
LINCOLN UTC
07898536
lincoln utc directors
Lincoln Utc currently has 10 directors. The longest serving directors include Mr Neil Main (Jan 2012) and Mr Andrew Ogg (Mar 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Neil Main | England | 74 years | Jan 2012 | - | Director |
| Mr Andrew Ogg | England | 60 years | Mar 2017 | - | Director |
| Mr Joseph Hallett | England | 53 years | Sep 2018 | - | Director |
| Mr Miles Fielding | England | 38 years | Sep 2019 | - | Director |
| Mr Phil Hatherley | England | 54 years | Jan 2021 | - | Director |
| Mrs Gemma Gibbs | England | 44 years | Jun 2021 | - | Director |
| Mr Jason Green | England | 40 years | Jul 2023 | - | Director |
| Mrs Helen Brierton | England | 49 years | Jul 2023 | - | Director |
| Professor Abigail Moriarty | United Kingdom | 51 years | Jun 2024 | - | Director |
| Mr Stuart Hamer | England | 50 years | Sep 2024 | - | Director |
P&L
August 2024turnover
3.5m
+8%
operating profit
79.2k
0%
gross margin
55%
-1.43%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2024net assets
10m
0%
total assets
10.4m
0%
cash
786.9k
+0.03%
net assets
Total assets minus all liabilities
lincoln utc company details
company number
07898536
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
85320 - Technical and vocational secondary education
incorporation date
January 2012
age
13
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
August 2024
previous names
N/A
accountant
-
auditor
STREETS AUDIT LLP
address
lincoln utc lindum road, lincoln, lincs, LN2 1PF
Bank
LLOYDS TSB BANK PLC
Legal Advisor
BROWNE JACOBSON LLP
lincoln utc 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 lincoln utc.
lincoln utc 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 LINCOLN UTC. This can take several minutes, an email will notify you when this has completed.
lincoln utc Companies House Filings - See Documents
| date | description | view/download |
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