lta tennis foundation
lta tennis foundation Company Information
Company Number
08087723
Website
www.tennisfoundation.org.ukRegistered Address
the national tennis centre, 100 priory lane, london, SW15 5JQ
Industry
Other sports activities (not including activities of racehorse owners) n.e.c.
Telephone
02084877000
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
-0%
lta tennis foundation Estimated Valuation
Pomanda estimates the enterprise value of LTA TENNIS FOUNDATION at £20.3m based on a Turnover of £18.5m and 1.1x industry multiple (adjusted for size and gross margin).
lta tennis foundation Estimated Valuation
Pomanda estimates the enterprise value of LTA TENNIS FOUNDATION at £0 based on an EBITDA of £-3.3m and a 4.05x industry multiple (adjusted for size and gross margin).
lta tennis foundation Estimated Valuation
Pomanda estimates the enterprise value of LTA TENNIS FOUNDATION at £57.6m based on Net Assets of £33.8m and 1.7x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Lta Tennis Foundation Overview
Lta Tennis Foundation is a live company located in london, SW15 5JQ with a Companies House number of 08087723. It operates in the other sports activities sector, SIC Code 93199. Founded in May 2012, it's largest shareholder is unknown. Lta Tennis Foundation is a established, mid sized company, Pomanda has estimated its turnover at £18.5m with rapid growth in recent years.
Upgrade for unlimited company reports & a free credit check
Lta Tennis Foundation Health Check
Pomanda's financial health check has awarded Lta Tennis Foundation a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 3 areas for improvement. Company Health Check FAQs
7 Strong
2 Regular
3 Weak
Size
annual sales of £18.5m, make it larger than the average company (£646.3k)
£18.5m - Lta Tennis Foundation
£646.3k - Industry AVG
Growth
3 year (CAGR) sales growth of 290%, show it is growing at a faster rate (8.8%)
290% - Lta Tennis Foundation
8.8% - Industry AVG
Production
with a gross margin of 42.4%, this company has a comparable cost of product (42.4%)
42.4% - Lta Tennis Foundation
42.4% - Industry AVG
Profitability
an operating margin of -17.9% make it less profitable than the average company (2%)
-17.9% - Lta Tennis Foundation
2% - Industry AVG
Employees
with 268 employees, this is above the industry average (16)
- Lta Tennis Foundation
16 - Industry AVG
Pay Structure
on an average salary of £5k, the company has a lower pay structure (£28.5k)
- Lta Tennis Foundation
£28.5k - Industry AVG
Efficiency
resulting in sales per employee of £69k, this is equally as efficient (£69.1k)
- Lta Tennis Foundation
£69.1k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (15 days)
0 days - Lta Tennis Foundation
15 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (31 days)
0 days - Lta Tennis Foundation
31 days - Industry AVG
Stock Days
it holds stock equivalent to 6 days, this is less than average (15 days)
6 days - Lta Tennis Foundation
15 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 26 weeks, this is less cash available to meet short term requirements (66 weeks)
26 weeks - Lta Tennis Foundation
66 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 20.5%, this is a lower level of debt than the average (37.4%)
20.5% - Lta Tennis Foundation
37.4% - Industry AVG
LTA TENNIS FOUNDATION financials
Lta Tennis Foundation's latest turnover from December 2023 is £18.5 million and the company has net assets of £33.8 million. According to their latest financial statements, we estimate that Lta Tennis Foundation has 268 employees and maintains cash reserves of £4.4 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Sep 2014 | Sep 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 18,481,000 | 558,000 | 5,152,000 | 312,000 | 8,384,000 | 519,000 | 611,000 | 629,000 | 720,000 | 460,000 | 27,041,000 |
| Other Income Or Grants | |||||||||||
| Cost Of Sales | |||||||||||
| Gross Profit | |||||||||||
| Admin Expenses | |||||||||||
| Operating Profit | |||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | -3,162,000 | -4,638,000 | 4,036,000 | 155,000 | 6,373,000 | -279,000 | 448,000 | 380,000 | -217,000 | 377,000 | 27,026,000 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | -3,162,000 | -4,638,000 | 4,036,000 | 155,000 | 6,373,000 | -279,000 | 448,000 | 380,000 | -217,000 | 377,000 | 27,026,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -3,162,000 | -4,638,000 | 4,036,000 | 155,000 | 6,373,000 | -279,000 | 448,000 | 380,000 | -217,000 | 377,000 | 27,026,000 |
| Employee Costs | 1,351,000 | 0 | |||||||||
| Number Of Employees | |||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Sep 2014 | Sep 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 33,424,000 | 36,863,000 | 42,195,000 | 39,407,000 | 39,444,000 | 30,260,000 | 30,011,000 | 28,855,000 | 27,874,000 | 24,635,000 | 17,847,000 |
| Debtors (Due After 1 year) | 3,730,000 | 2,798,000 | 1,550,000 | 458,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 37,154,000 | 39,661,000 | 43,745,000 | 39,865,000 | 39,444,000 | 30,260,000 | 30,011,000 | 28,855,000 | 27,874,000 | 24,635,000 | 17,847,000 |
| Stock & work in progress | 194,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 29,000 | 31,000 | 1,000 | 95,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 4,431,000 | 1,469,000 | 1,331,000 | 611,000 | 958,000 | 70,000 | 1,027,000 | 1,050,000 | 1,048,000 | 3,042,000 | 9,024,000 |
| misc current assets | 788,000 | 621,000 | 338,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 5,442,000 | 2,121,000 | 1,670,000 | 706,000 | 958,000 | 70,000 | 1,027,000 | 1,050,000 | 1,048,000 | 3,042,000 | 9,024,000 |
| total assets | 42,596,000 | 41,782,000 | 45,415,000 | 40,571,000 | 40,402,000 | 30,330,000 | 31,038,000 | 29,905,000 | 28,922,000 | 27,677,000 | 26,871,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 7,000 | 19,000 | 3,770,000 | 2,962,000 | 2,948,000 | 1,124,000 | 437,000 | 434,000 | 785,000 | 0 | 0 |
| Group/Directors Accounts | 1,710,000 | 336,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 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 |
| other current liabilities | 7,034,000 | 4,420,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 15,000 |
| total current liabilities | 8,751,000 | 4,775,000 | 3,770,000 | 2,962,000 | 2,948,000 | 1,124,000 | 437,000 | 434,000 | 785,000 | 0 | 15,000 |
| loans | 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 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 8,751,000 | 4,775,000 | 3,770,000 | 2,962,000 | 2,948,000 | 1,124,000 | 437,000 | 434,000 | 785,000 | 0 | 15,000 |
| net assets | 33,845,000 | 37,007,000 | 41,645,000 | 37,609,000 | 37,454,000 | 29,206,000 | 30,601,000 | 29,471,000 | 28,137,000 | 27,677,000 | 26,856,000 |
| total shareholders funds | 33,845,000 | 37,007,000 | 41,645,000 | 37,609,000 | 37,454,000 | 29,206,000 | 30,601,000 | 29,471,000 | 28,137,000 | 27,677,000 | 26,856,000 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Sep 2014 | Sep 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | |||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock | 194,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 930,000 | 1,278,000 | 998,000 | 553,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Creditors | -12,000 | -3,751,000 | 808,000 | 14,000 | 1,824,000 | 687,000 | 3,000 | -351,000 | 785,000 | 0 | 0 |
| Accruals and Deferred Income | 2,614,000 | 4,420,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -15,000 | 15,000 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||||
| Investing Activities | |||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | 0 | 460,000 | -543,000 | 0 | -2,000,000 | -6,000,000 | -18,017,000 |
| Change in Investments | -3,439,000 | -5,332,000 | 2,788,000 | -37,000 | 9,184,000 | 249,000 | 1,156,000 | 981,000 | 3,239,000 | 6,788,000 | 17,847,000 |
| cash flow from investments | 3,439,000 | 5,332,000 | -2,788,000 | 37,000 | -9,184,000 | 211,000 | -1,699,000 | -981,000 | -5,239,000 | -12,788,000 | -35,864,000 |
| Financing Activities | |||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 1,374,000 | 336,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 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 |
| Hire Purchase and Lease Commitments | 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 |
| share issue | |||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from financing | 1,374,000 | 336,000 | 0 | 0 | 1,875,000 | -1,116,000 | 682,000 | 954,000 | 677,000 | 444,000 | -170,000 |
| cash and cash equivalents | |||||||||||
| cash | 2,962,000 | 138,000 | 720,000 | -347,000 | 888,000 | -957,000 | -23,000 | 2,000 | -1,994,000 | -5,982,000 | 9,024,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 2,962,000 | 138,000 | 720,000 | -347,000 | 888,000 | -957,000 | -23,000 | 2,000 | -1,994,000 | -5,982,000 | 9,024,000 |
lta tennis foundation Credit Report and Business Information
Lta Tennis Foundation Competitor Analysis
Perform a competitor analysis for lta tennis foundation by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other mid companies, companies in SW15 area or any other competitors across 12 key performance metrics.
lta tennis foundation Ownership
LTA TENNIS FOUNDATION group structure
Lta Tennis Foundation has 1 subsidiary company.
lta tennis foundation directors
Lta Tennis Foundation currently has 9 directors. The longest serving directors include Mr Simon Steele (Nov 2016) and Mr Christopher Mills (Jul 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Simon Steele | 53 years | Nov 2016 | - | Director | |
| Mr Christopher Mills | 48 years | Jul 2020 | - | Director | |
| Mr Born Barikor | England | 42 years | Jul 2020 | - | Director |
| Mrs Sandra Procter | 73 years | Oct 2020 | - | Director | |
| Mrs Cynthia Muller | 72 years | Jul 2021 | - | Director | |
| Mr Hitesh Patel | 47 years | Jul 2021 | - | Director | |
| Mr Timothy Lawler | 57 years | Jul 2021 | - | Director | |
| Mr Alexander Pitt | 44 years | Jul 2021 | - | Director | |
| Mr Oliver Scadgell | 44 years | Jul 2021 | - | Director |
P&L
December 2023turnover
18.5m
+3212%
operating profit
-3.3m
0%
gross margin
42.4%
-2.23%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
33.8m
-0.09%
total assets
42.6m
+0.02%
cash
4.4m
+2.02%
net assets
Total assets minus all liabilities
Similar Companies
lta tennis foundation company details
company number
08087723
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
93199 - Other sports activities (not including activities of racehorse owners) n.e.c.
incorporation date
May 2012
age
12
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
the lta trust (April 2022)
accountant
-
auditor
PRICEWATERHOUSECOOPERS LLP
address
the national tennis centre, 100 priory lane, london, SW15 5JQ
Bank
COUTTS & CO
Legal Advisor
FARRER & CO
lta tennis foundation 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 lta tennis foundation.
lta tennis foundation Companies House Filings - See Documents
| date | description | view/download |
|---|
