latium it limited
latium it limited Company Information
Company Number
08258035
Website
latiumenterprises.comRegistered Address
hamilton house church street, altrincham, WA14 4DR
Industry
Computer consultancy activities
Computer facilities management activities
Telephone
01618207600
Next Accounts Due
September 2024
Group Structure
View All
Directors
Timothy Halpin5 Years
Shareholders
vitapod limited 100%
latium it limited Estimated Valuation
Pomanda estimates the enterprise value of LATIUM IT LIMITED at £2.9m based on a Turnover of £4.3m and 0.68x industry multiple (adjusted for size and gross margin).
latium it limited Estimated Valuation
Pomanda estimates the enterprise value of LATIUM IT LIMITED at £0 based on an EBITDA of £-3 and a 4.79x industry multiple (adjusted for size and gross margin).
latium it limited Estimated Valuation
Pomanda estimates the enterprise value of LATIUM IT LIMITED at £0 based on Net Assets of £-453.8k and 2.27x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Latium It Limited Overview
Latium It Limited is a live company located in altrincham, WA14 4DR with a Companies House number of 08258035. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in October 2012, it's largest shareholder is vitapod limited with a 100% stake. Latium It Limited is a established, small sized company, Pomanda has estimated its turnover at £4.3m with rapid growth in recent years.
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Latium It Limited Health Check
Pomanda's financial health check has awarded Latium It Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
4 Weak
Size
annual sales of £4.3m, make it larger than the average company (£2.4m)
- Latium It Limited
£2.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 82%, show it is growing at a faster rate (5.8%)
- Latium It Limited
5.8% - Industry AVG
Production
with a gross margin of 28.2%, this company has a higher cost of product (46.8%)
- Latium It Limited
46.8% - Industry AVG
Profitability
an operating margin of 0% make it less profitable than the average company (6.9%)
- Latium It Limited
6.9% - Industry AVG
Employees
with 17 employees, this is similar to the industry average (17)
- Latium It Limited
17 - Industry AVG
Pay Structure
on an average salary of £54.1k, the company has an equivalent pay structure (£54.1k)
- Latium It Limited
£54.1k - Industry AVG
Efficiency
resulting in sales per employee of £250.7k, this is more efficient (£144.4k)
- Latium It Limited
£144.4k - Industry AVG
Debtor Days
it gets paid by customers after 110 days, this is later than average (62 days)
- Latium It Limited
62 days - Industry AVG
Creditor Days
its suppliers are paid after 207 days, this is slower than average (35 days)
- Latium It Limited
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Latium It Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Latium It Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 135.2%, this is a higher level of debt than the average (59.7%)
135.2% - Latium It Limited
59.7% - Industry AVG
LATIUM IT LIMITED financials
Latium It Limited's latest turnover from December 2022 is estimated at £4.3 million and the company has net assets of -£453.8 thousand. According to their latest financial statements, we estimate that Latium It Limited has 17 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 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 | 1 | 1 | 1 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 385,192 | 319,771 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 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 |
| Total Fixed Assets | 0 | 0 | 0 | 385,192 | 319,771 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 1,288,454 | 1,288,399 | 1,324,767 | 54,127 | 13,287 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,288,454 | 1,288,399 | 1,324,767 | 54,127 | 13,287 | 0 | 0 | 0 | 0 | 0 |
| total assets | 1,288,454 | 1,288,399 | 1,324,767 | 439,319 | 333,058 | 0 | 0 | 0 | 0 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,742,238 | 1,742,180 | 1,778,548 | 1,306,736 | 862,772 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 1,742,238 | 1,742,180 | 1,778,548 | 1,306,736 | 862,772 | 0 | 0 | 0 | 0 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 1,742,238 | 1,742,180 | 1,778,548 | 1,306,736 | 862,772 | 0 | 0 | 0 | 0 | 0 |
| net assets | -453,784 | -453,781 | -453,781 | -867,417 | -529,714 | 0 | 0 | 0 | 0 | 0 |
| total shareholders funds | -453,784 | -453,781 | -453,781 | -867,417 | -529,714 | 0 | 0 | 0 | 0 | 0 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | ||||||||||
| Depreciation | 0 | 0 | 0 | |||||||
| Amortisation | 0 | 0 | 0 | 0 | ||||||
| Tax | ||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 55 | -36,368 | 1,270,640 | 40,840 | 13,287 | 0 | 0 | 0 | 0 | 0 |
| Creditors | 58 | -36,368 | 471,812 | 443,964 | 862,772 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | 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 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 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 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||
| interest | ||||||||||
| cash flow from financing | ||||||||||
| cash and cash equivalents | ||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
latium it limited Credit Report and Business Information
Latium It Limited Competitor Analysis
Perform a competitor analysis for latium it limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in WA14 area or any other competitors across 12 key performance metrics.
latium it limited Ownership
LATIUM IT LIMITED group structure
Latium It Limited has no subsidiary companies.
Ultimate parent company
2 parents
LATIUM IT LIMITED
08258035
latium it limited directors
Latium It Limited currently has 1 director, Mr Timothy Halpin serving since Nov 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Timothy Halpin | England | 42 years | Nov 2018 | - | Director |
P&L
December 2022turnover
4.3m
+34%
operating profit
-3
0%
gross margin
28.3%
+0.01%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
-453.8k
0%
total assets
1.3m
0%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
latium it limited company details
company number
08258035
Type
Private limited with Share Capital
industry
62020 - Computer consultancy activities
62030 - Computer facilities management activities
incorporation date
October 2012
age
12
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
December 2022
address
hamilton house church street, altrincham, WA14 4DR
accountant
-
auditor
-
latium it 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 latium it limited.
latium it limited Companies House Filings - See Documents
| date | description | view/download |
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