laundry & linen hire ltd
laundry & linen hire ltd Company Information
Company Number
08225935
Next Accounts
Jun 2025
Shareholders
ahmad jamshidzadeh
jorge filipe nobrega joao
View AllGroup Structure
View All
Industry
Washing and (dry-)cleaning of textile and fur products
Registered Address
unit 11 10-12 lombard rd, jubilee centre, south wimbledon, SW19 3TZ
Website
www.stalbridge-linen.comlaundry & linen hire ltd Estimated Valuation
Pomanda estimates the enterprise value of LAUNDRY & LINEN HIRE LTD at £1.1m based on a Turnover of £2.3m and 0.46x industry multiple (adjusted for size and gross margin).
laundry & linen hire ltd Estimated Valuation
Pomanda estimates the enterprise value of LAUNDRY & LINEN HIRE LTD at £0 based on an EBITDA of £-111.4k and a 2.61x industry multiple (adjusted for size and gross margin).
laundry & linen hire ltd Estimated Valuation
Pomanda estimates the enterprise value of LAUNDRY & LINEN HIRE LTD at £0 based on Net Assets of £-6k and 2.32x industry multiple (adjusted for liquidity).
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Laundry & Linen Hire Ltd Overview
Laundry & Linen Hire Ltd is a live company located in south wimbledon, SW19 3TZ with a Companies House number of 08225935. It operates in the washing and (dry-)cleaning of textile and fur products sector, SIC Code 96010. Founded in September 2012, it's largest shareholder is ahmad jamshidzadeh with a 25% stake. Laundry & Linen Hire Ltd is a established, small sized company, Pomanda has estimated its turnover at £2.3m with rapid growth in recent years.
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Laundry & Linen Hire Ltd Health Check
Pomanda's financial health check has awarded Laundry & Linen Hire Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
5 Weak
Size
annual sales of £2.3m, make it larger than the average company (£726.1k)
- Laundry & Linen Hire Ltd
£726.1k - Industry AVG
Growth
3 year (CAGR) sales growth of 52%, show it is growing at a faster rate (7.7%)
- Laundry & Linen Hire Ltd
7.7% - Industry AVG
Production
with a gross margin of 28.7%, this company has a higher cost of product (44.5%)
- Laundry & Linen Hire Ltd
44.5% - Industry AVG
Profitability
an operating margin of -4.9% make it less profitable than the average company (8.1%)
- Laundry & Linen Hire Ltd
8.1% - Industry AVG
Employees
with 24 employees, this is below the industry average (38)
24 - Laundry & Linen Hire Ltd
38 - Industry AVG
Pay Structure
on an average salary of £25.8k, the company has an equivalent pay structure (£25.8k)
- Laundry & Linen Hire Ltd
£25.8k - Industry AVG
Efficiency
resulting in sales per employee of £94.9k, this is more efficient (£57.8k)
- Laundry & Linen Hire Ltd
£57.8k - Industry AVG
Debtor Days
it gets paid by customers after 88 days, this is later than average (43 days)
- Laundry & Linen Hire Ltd
43 days - Industry AVG
Creditor Days
its suppliers are paid after 123 days, this is slower than average (29 days)
- Laundry & Linen Hire Ltd
29 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Laundry & Linen Hire Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Laundry & Linen Hire Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 100.9%, this is a higher level of debt than the average (55.6%)
100.9% - Laundry & Linen Hire Ltd
55.6% - Industry AVG
LAUNDRY & LINEN HIRE LTD financials
Laundry & Linen Hire Ltd's latest turnover from September 2023 is estimated at £2.3 million and the company has net assets of -£6 thousand. According to their latest financial statements, Laundry & Linen Hire Ltd has 24 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 24 | 24 | 24 | 29 | 34 | 35 | 34 | 33 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 142,244 | 165,581 | 141,348 | 158,740 | 174,276 | 181,472 | 202,102 | 187,932 | 39,297 | 12,177 | 13,530 |
| Intangible Assets | 32,400 | 64,800 | 97,200 | 129,600 | 162,000 | ||||||
| Investments & Other | |||||||||||
| Debtors (Due After 1 year) | |||||||||||
| Total Fixed Assets | 142,244 | 165,581 | 141,348 | 158,740 | 174,276 | 181,472 | 234,502 | 252,732 | 136,497 | 141,777 | 175,530 |
| Stock & work in progress | 10,000 | 15,000 | 30,000 | 30,000 | 20,000 | 17,500 | 7,000 | 7,500 | 6,500 | ||
| Trade Debtors | 550,104 | 680,113 | 234,435 | 152,193 | 233,865 | 286,926 | 302,232 | 351,104 | 272,077 | 256,104 | 172,528 |
| Group Debtors | |||||||||||
| Misc Debtors | 35,690 | 61,816 | 19,200 | 26,906 | 3,315 | 3,349 | 21,006 | 10,295 | |||
| Cash | 348,944 | 307,748 | 134,625 | 150,771 | 148,386 | 159,988 | 174,854 | 108,864 | 22,669 | ||
| misc current assets | |||||||||||
| total current assets | 550,104 | 680,113 | 629,069 | 536,757 | 417,690 | 494,603 | 473,933 | 531,941 | 453,931 | 393,474 | 211,992 |
| total assets | 692,348 | 845,694 | 770,417 | 695,497 | 591,966 | 676,075 | 708,435 | 784,673 | 590,428 | 535,251 | 387,522 |
| Bank overdraft | |||||||||||
| Bank loan | 10,000 | 2,500 | |||||||||
| Trade Creditors | 550,179 | 600,486 | 57,144 | 44,534 | 56,564 | 93,125 | 92,338 | 165,806 | 24,539 | 32,098 | 8,642 |
| Group/Directors Accounts | 319,996 | 319,995 | 319,996 | 319,996 | 319,997 | 299,996 | |||||
| other short term finances | 20,000 | ||||||||||
| hp & lease commitments | |||||||||||
| other current liabilities | 222,927 | 202,922 | 146,576 | 171,017 | 152,008 | 240,240 | 511,866 | 491,622 | 379,125 | ||
| total current liabilities | 550,179 | 600,486 | 610,067 | 569,951 | 523,136 | 584,138 | 584,343 | 706,042 | 536,405 | 523,720 | 387,767 |
| loans | 37,500 | 47,500 | |||||||||
| hp & lease commitments | |||||||||||
| Accruals and Deferred Income | 98,996 | 80,728 | |||||||||
| other liabilities | 17,733 | 27,615 | |||||||||
| provisions | 31,460 | 31,460 | 26,856 | 30,161 | 33,112 | 34,480 | 37,249 | 36,110 | 6,932 | 239 | |
| total long term liabilities | 148,189 | 139,803 | 64,356 | 77,661 | 33,112 | 34,480 | 37,249 | 36,110 | 6,932 | 239 | |
| total liabilities | 698,368 | 740,289 | 674,423 | 647,612 | 556,248 | 618,618 | 621,592 | 742,152 | 543,337 | 523,959 | 387,767 |
| net assets | -6,020 | 105,405 | 95,994 | 47,885 | 35,718 | 57,457 | 86,843 | 42,521 | 47,091 | 11,292 | -245 |
| total shareholders funds | -6,020 | 105,405 | 95,994 | 47,885 | 35,718 | 57,457 | 86,843 | 42,521 | 47,091 | 11,292 | -245 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | |||||||||||
| Depreciation | 17,392 | 19,885 | 20,594 | 23,511 | 28,710 | 29,223 | 4,366 | 1,353 | 200 | ||
| Amortisation | 32,400 | 32,400 | 32,400 | 32,400 | 32,400 | ||||||
| Tax | |||||||||||
| Stock | -10,000 | -5,000 | -15,000 | 10,000 | 2,500 | 10,500 | -500 | 1,000 | 6,500 | ||
| Debtors | -130,009 | 409,988 | 56,116 | -39,056 | -60,767 | 8,285 | -48,906 | 82,376 | -5,033 | 94,287 | 182,823 |
| Creditors | -50,307 | 543,342 | 12,610 | -12,030 | -36,561 | 787 | -73,468 | 141,267 | -7,559 | 23,456 | 8,642 |
| Accruals and Deferred Income | 18,268 | -142,199 | 20,005 | 56,346 | -24,441 | 19,009 | -88,232 | -271,626 | 20,244 | 112,497 | 379,125 |
| Deferred Taxes & Provisions | 4,604 | -3,305 | -2,951 | -1,368 | -2,769 | 1,139 | 29,178 | 6,693 | 239 | ||
| Cash flow from operations | |||||||||||
| Investing Activities | |||||||||||
| capital expenditure | |||||||||||
| Change in Investments | |||||||||||
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | -10,000 | 7,500 | 2,500 | ||||||||
| Group/Directors Accounts | -319,996 | 1 | -1 | -1 | 20,001 | 299,996 | |||||
| Other Short Term Loans | -20,000 | 20,000 | |||||||||
| Long term loans | -37,500 | -10,000 | 47,500 | ||||||||
| Hire Purchase and Lease Commitments | |||||||||||
| other long term liabilities | -9,882 | 27,615 | |||||||||
| share issue | |||||||||||
| interest | |||||||||||
| cash flow from financing | |||||||||||
| cash and cash equivalents | |||||||||||
| cash | -348,944 | 41,196 | 173,123 | -16,146 | 2,385 | -11,602 | -14,866 | 65,990 | 86,195 | 22,669 | |
| overdraft | |||||||||||
| change in cash | -348,944 | 41,196 | 173,123 | -16,146 | 2,385 | -11,602 | -14,866 | 65,990 | 86,195 | 22,669 |
laundry & linen hire ltd Credit Report and Business Information
Laundry & Linen Hire Ltd Competitor Analysis
Perform a competitor analysis for laundry & linen hire ltd by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other small companies, companies in SW19 area or any other competitors across 12 key performance metrics.
laundry & linen hire ltd Ownership
LAUNDRY & LINEN HIRE LTD group structure
Laundry & Linen Hire Ltd has no subsidiary companies.
Ultimate parent company
LAUNDRY & LINEN HIRE LTD
08225935
laundry & linen hire ltd directors
Laundry & Linen Hire Ltd currently has 4 directors. The longest serving directors include Mr Khalid Abdo (Sep 2012) and Mr Jorge Joao (Sep 2012).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Khalid Abdo | United Kingdom | 46 years | Sep 2012 | - | Director |
| Mr Jorge Joao | United Kingdom | 52 years | Sep 2012 | - | Director |
| Miss Samiah Abdo | United Kingdom | 43 years | Sep 2012 | - | Director |
| Mr Ahmad Jamshidzadeh | England | 71 years | May 2014 | - | Director |
P&L
September 2023turnover
2.3m
+8%
operating profit
-111.4k
0%
gross margin
28.8%
+35.14%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
-6k
-1.06%
total assets
692.3k
-0.18%
cash
0
0%
net assets
Total assets minus all liabilities
laundry & linen hire ltd company details
company number
08225935
Type
Private limited with Share Capital
industry
96010 - Washing and (dry-)cleaning of textile and fur products
incorporation date
September 2012
age
13
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
September 2023
previous names
N/A
accountant
BALLARDS NEWMAN
auditor
-
address
unit 11 10-12 lombard rd, jubilee centre, south wimbledon, SW19 3TZ
Bank
-
Legal Advisor
-
laundry & linen hire ltd 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 laundry & linen hire ltd.
laundry & linen hire 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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laundry & linen hire ltd Companies House Filings - See Documents
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