Pomanda estimates the enterprise value of LANCING COMMERCIAL CONTRACTORS LTD at £590.3k based on a Turnover of £1.9m and 0.31x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of LANCING COMMERCIAL CONTRACTORS LTD at £0 based on an EBITDA of £-82.5k and a 3.08x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of LANCING COMMERCIAL CONTRACTORS LTD at £601.3k based on Net Assets of £281.9k and 2.13x industry multiple (adjusted for liquidity).
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Lancing Commercial Contractors LtdOverview
Lancing Commercial Contractors Ltd is a live company located in norfolk, NR27 9HG with a Companies House number of 07917147. It operates in the other specialised construction activities n.e.c. sector, SIC Code 43999. Founded in January 2012, it's largest shareholder is
carl frederick paddock
with a 75% stake. Lancing Commercial Contractors Ltd is a established,
small sized company, Pomanda has estimated its turnover at
£1.9m with
rapid
growth in recent years.
Pomanda's financial health check has awarded Lancing Commercial Contractors Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 8 areas for improvement. Company Health Check FAQs
Health Rating2.5out of 5
3 Strong
1 Regular
8 Weak
Size
annual sales of £1.9m, make it smaller than the average company (£6.7m)
£1.9m - Lancing Commercial Contractors Ltd
£6.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 51%, show it is growing at a faster rate (10.1%)
51% - Lancing Commercial Contractors Ltd
10.1% - Industry AVG
Production
with a gross margin of 14.6%, this company has a higher cost of product (25%)
14.6% - Lancing Commercial Contractors Ltd
25% - Industry AVG
Profitability
an operating margin of -5% make it less profitable than the average company (6.3%)
-5% - Lancing Commercial Contractors Ltd
6.3% - Industry AVG
Employees
with 5 employees, this is below the industry average (29)
5 - Lancing Commercial Contractors Ltd
29 - Industry AVG
Pay Structure
on an average salary of £48.1k, the company has an equivalent pay structure (£48.1k)
£48.1k - Lancing Commercial Contractors Ltd
£48.1k - Industry AVG
Efficiency
resulting in sales per employee of £383.6k, this is more efficient (£193.4k)
£383.6k - Lancing Commercial Contractors Ltd
£193.4k - Industry AVG
Debtor Days
it gets paid by customers after 96 days, this is later than average (55 days)
96 days - Lancing Commercial Contractors Ltd
55 days - Industry AVG
Creditor Days
its suppliers are paid after 130 days, this is slower than average (36 days)
130 days - Lancing Commercial Contractors Ltd
36 days - Industry AVG
Stock Days
it holds stock equivalent to 37 days, this is more than average (12 days)
37 days - Lancing Commercial Contractors Ltd
12 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 16 weeks, this is less cash available to meet short term requirements (20 weeks)
16 weeks - Lancing Commercial Contractors Ltd
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 68.8%, this is a higher level of debt than the average (60.5%)
68.8% - Lancing Commercial Contractors Ltd
60.5% - Industry AVG
LANCING COMMERCIAL CONTRACTORS LTD financials
EXPORT
Lancing Commercial Contractors Ltd's latest turnover from January 2024 is estimated at £1.9 million and the company has net assets of £281.9 thousand. According to their latest financial statements, Lancing Commercial Contractors Ltd has 5 employees and maintains cash reserves of £182.9 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jan 2024
Jan 2023
Jan 2022
Jan 2021
Jan 2020
Jan 2019
Jan 2018
Jan 2017
Jan 2016
Jan 2015
Jan 2014
Jan 2013
Turnover
1,917,886
1,183,175
538,670
556,329
533,389
822,363
152,586
894,419
695,757
277,719
553,861
83,136
Other Income Or Grants
Cost Of Sales
1,638,565
1,014,801
461,889
480,018
455,229
701,538
129,172
749,577
578,701
235,764
465,215
69,817
Gross Profit
279,321
168,375
76,780
76,311
78,159
120,825
23,414
144,841
117,056
41,955
88,646
13,319
Admin Expenses
374,689
25,444
139,615
6,315
242,080
145,813
-211,043
64,955
-104,993
72,645
41,630
7,721
Operating Profit
-95,368
142,931
-62,835
69,996
-163,921
-24,988
234,457
79,886
222,049
-30,690
47,016
5,598
Interest Payable
Interest Receivable
8,643
4,650
410
139
521
968
471
96
205
68
97
41
Pre-Tax Profit
-86,725
147,581
-62,425
70,135
-163,400
-24,020
234,927
79,983
222,254
-30,622
47,113
5,638
Tax
-28,040
-13,326
-44,636
-15,996
-44,451
-10,836
-1,353
Profit After Tax
-86,725
119,541
-62,425
56,809
-163,400
-24,020
190,291
63,986
177,803
-30,622
36,277
4,285
Dividends Paid
Retained Profit
-86,725
119,541
-62,425
56,809
-163,400
-24,020
190,291
63,986
177,803
-30,622
36,277
4,285
Employee Costs
240,581
91,165
86,154
83,835
85,392
83,887
40,779
122,125
78,307
38,165
74,018
37,063
Number Of Employees
5
2
2
2
2
2
1
3
2
1
2
1
EBITDA*
-82,502
166,750
-46,699
83,931
-141,333
-19,223
234,457
79,886
223,727
-28,835
47,016
5,598
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jan 2024
Jan 2023
Jan 2022
Jan 2021
Jan 2020
Jan 2019
Jan 2018
Jan 2017
Jan 2016
Jan 2015
Jan 2014
Jan 2013
Tangible Assets
47,041
79,714
52,081
42,245
68,187
17,779
33,038
43,048
17,534
5,712
Intangible Assets
Investments & Other
-419,197
Debtors (Due After 1 year)
419,197
422,601
Total Fixed Assets
47,041
79,714
52,081
42,245
68,187
17,779
455,639
43,048
17,534
5,712
Stock & work in progress
167,342
60,000
10,000
25,185
Trade Debtors
505,185
426,213
197,331
189,428
181,253
419,197
302,771
204,015
66,909
145,727
15,772
Group Debtors
Misc Debtors
Cash
182,935
146,328
119,413
208,595
69,157
69,886
188,210
77,136
4,749
22,430
16,214
misc current assets
3,259
total current assets
855,462
572,541
316,744
398,023
310,410
499,083
188,210
306,030
306,336
71,658
168,157
31,986
total assets
902,503
652,255
368,825
440,268
378,597
516,862
643,849
349,078
323,870
77,370
168,157
31,986
Bank overdraft
Bank loan
Trade Creditors
583,673
232,317
109,845
120,732
110,942
70,323
50,000
95,255
136,126
67,429
127,594
27,700
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
25,061
151,828
total current liabilities
583,673
232,317
109,845
120,732
110,942
95,384
201,828
95,255
136,126
67,429
127,594
27,700
loans
hp & lease commitments
Accruals and Deferred Income
2,094
other liabilities
27,992
36,167
provisions
8,938
15,146
9,896
8,027
12,955
3,378
total long term liabilities
36,930
51,313
9,896
8,027
12,955
3,378
2,094
total liabilities
620,603
283,630
119,741
128,759
123,897
98,762
201,828
97,349
136,126
67,429
127,594
27,700
net assets
281,900
368,625
249,084
311,509
254,700
418,100
442,021
251,729
187,744
9,941
40,563
4,286
total shareholders funds
281,900
368,625
249,084
311,509
254,700
418,100
442,021
251,729
187,744
9,941
40,563
4,286
Jan 2024
Jan 2023
Jan 2022
Jan 2021
Jan 2020
Jan 2019
Jan 2018
Jan 2017
Jan 2016
Jan 2015
Jan 2014
Jan 2013
Operating Activities
Operating Profit
-95,368
142,931
-62,835
69,996
-163,921
-24,988
234,457
79,886
222,049
-30,690
47,016
5,598
Depreciation
12,866
23,819
16,136
13,935
22,588
5,765
1,678
1,855
Amortisation
Tax
-28,040
-13,326
-44,636
-15,996
-44,451
-10,836
-1,353
Stock
167,342
-60,000
50,000
10,000
-25,185
25,185
Debtors
78,972
228,882
7,903
8,175
-237,944
-3,404
119,830
98,756
137,106
-78,818
129,955
15,772
Creditors
351,356
122,472
-10,887
9,790
40,619
20,323
-45,255
-40,871
68,697
-60,165
99,894
27,700
Accruals and Deferred Income
-25,061
-126,767
149,734
2,094
Deferred Taxes & Provisions
-6,208
5,250
1,869
-4,928
9,577
3,378
Cash flow from operations
16,332
37,550
-63,620
127,292
71,746
-128,885
174,470
-48,458
85,682
-10,182
6,119
16,173
Investing Activities
capital expenditure
19,807
-51,452
-25,972
12,007
-72,996
9,494
10,010
-25,514
-13,500
-7,567
Change in Investments
419,197
-419,197
cash flow from investments
19,807
-51,452
-25,972
12,007
-492,193
428,691
10,010
-25,514
-13,500
-7,567
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-8,175
36,167
share issue
99
1
-1
1
interest
8,643
4,650
410
139
521
968
471
96
205
68
97
41
cash flow from financing
468
40,817
410
139
521
1,067
472
95
205
68
97
42
cash and cash equivalents
cash
36,607
26,915
-89,182
139,438
-729
-118,324
188,210
-77,136
72,387
-17,681
6,216
16,214
overdraft
change in cash
36,607
26,915
-89,182
139,438
-729
-118,324
188,210
-77,136
72,387
-17,681
6,216
16,214
lancing commercial contractors ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for lancing commercial contractors ltd. Get real-time insights into lancing commercial contractors ltd's credit score, group structure and payment trends.
Perform a competitor analysis for lancing commercial contractors ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in NR27 area or any other competitors across 12 key performance metrics.
lancing commercial contractors ltd Ownership
LANCING COMMERCIAL CONTRACTORS LTD group structure
Lancing Commercial Contractors Ltd has no subsidiary companies.
Ultimate parent company
LANCING COMMERCIAL CONTRACTORS LTD
07917147
LANCING COMMERCIAL CONTRACTORS LTD Shareholders
The largest shareholders in Lancing Commercial Contractors Ltd include Carl Frederick Paddock and Andrew Paddock.
carl frederick paddock
75%
andrew paddock
25%
lancing commercial contractors ltd directors
Lancing Commercial Contractors Ltd currently has 2 directors.
The longest serving directors include
Mr Carl Paddock (Jan 2018) and
Mr Andrew Paddock (Mar 2023).
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 lancing commercial contractors ltd.
lancing commercial contractors ltd 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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lancing commercial contractors ltdCompanies House Filings - See Documents
