letsbid4lets limited

letsbid4lets limited Company Information

Share LETSBID4LETS LIMITED
Live 
Established

Company Number

08317219

Industry

Other business support service activities n.e.c.

 

Directors

Spencer Rose

Shareholders

spencer rose

bryn cole

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Group Structure

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Contact

Registered Address

lynton house, 7-12 tavistock square, london, WC1H 9BQ

letsbid4lets limited Estimated Valuation

£0

Pomanda estimates the enterprise value of LETSBID4LETS LIMITED at £0 based on a Turnover of £0 and 0.53x industry multiple (adjusted for size and gross margin).

letsbid4lets limited Estimated Valuation

£0

Pomanda estimates the enterprise value of LETSBID4LETS LIMITED at £0 based on an EBITDA of £-8 and a 3.89x industry multiple (adjusted for size and gross margin).

letsbid4lets limited Estimated Valuation

£0

Pomanda estimates the enterprise value of LETSBID4LETS LIMITED at £0 based on Net Assets of £-242.8k and 2.35x industry multiple (adjusted for liquidity).

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Letsbid4lets Limited Overview

Letsbid4lets Limited is a live company located in london, WC1H 9BQ with a Companies House number of 08317219. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in December 2012, it's largest shareholder is spencer rose with a 57% stake. Letsbid4lets Limited is a established, unknown sized company, Pomanda has estimated its turnover at £0 with unknown growth in recent years.

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Letsbid4lets Limited Health Check

There is insufficient data available to calculate a health check for Letsbid4Lets Limited. Company Health Check FAQs

Health Check Image
Health Rating0out of 5
positive_score

0 Strong

positive_score

0 Regular

positive_score

2 Weak

size

Size

There is insufficient data available for this Key Performance Indicator!

- - Letsbid4lets Limited

- - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

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production

Production

There is insufficient data available for this Key Performance Indicator!

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profitability

Profitability

There is insufficient data available for this Key Performance Indicator!

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- - Industry AVG

employees

Employees

There is insufficient data available for this Key Performance Indicator!

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paystructure

Pay Structure

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efficiency

Efficiency

There is insufficient data available for this Key Performance Indicator!

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debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

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creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

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stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

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cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (22 weeks)

- - Letsbid4lets Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 91391.4%, this is a higher level of debt than the average (62.3%)

- - Letsbid4lets Limited

- - Industry AVG

LETSBID4LETS LIMITED financials

EXPORTms excel logo

Letsbid4Lets Limited's latest turnover from December 2023 is estimated at 0 and the company has net assets of -£242.8 thousand. According to their latest financial statements, we estimate that Letsbid4Lets Limited has no employees and maintains cash reserves of £165 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013
Turnover001,7491,8751,8511,82802,274153261,60934,954
Other Income Or Grants00000000000
Cost Of Sales001,4761,5751,5401,52601,879128219,80429,446
Gross Profit0027330031230103952541,8055,508
Admin Expenses9627330031310,62740,79222,00912,561199,5675,508
Operating Profit-9-600-1-10,326-40,792-21,614-12,536-157,7620
Interest Payable00000011000
Interest Receivable9600123146450
Pre-Tax Profit00000-10,324-40,790-21,614-12,490-157,7170
Tax00000000000
Profit After Tax00000-10,324-40,790-21,614-12,490-157,7170
Dividends Paid00000000000
Retained Profit00000-10,324-40,790-21,614-12,490-157,7170
Employee Costs0048,86246,46345,97044,277042,00241,67141,56141,070
Number Of Employees00111101111
EBITDA*-9-600-1-5,327-35,792-16,614-7,536-152,7620

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013
Tangible Assets1111115,00010,00015,00020,00025,000
Intangible Assets00000000000
Investments & Other00000000000
Debtors (Due After 1 year)00000000000
Total Fixed Assets1111115,00010,00015,00020,00025,000
Stock & work in progress00000000000
Trade Debtors000000000184100
Group Debtors00000000000
Misc Debtors1001001001001001004511424200
Cash1651651651651651653467395218,1850
misc current assets00000000000
total current assets26526526526526526539185329418,369100
total assets2662662662662662665,39110,85315,29438,36925,100
Bank overdraft000000022000
Bank loan00000000000
Trade Creditors 00600600600600074348195,98625,000
Group/Directors Accounts00000000000
other short term finances00000000000
hp & lease commitments00000000000
other current liabilities243,101243,101242,501242,501242,501242,501237,902201,809185,35300
total current liabilities243,101243,101243,101243,101243,101243,101237,902202,574185,401195,98625,000
loans00000000000
hp & lease commitments00000000000
Accruals and Deferred Income00000000000
other liabilities00000000000
provisions00000000000
total long term liabilities00000000000
total liabilities243,101243,101243,101243,101243,101243,101237,902202,574185,401195,98625,000
net assets-242,835-242,835-242,835-242,835-242,835-242,835-232,511-191,721-170,107-157,617100
total shareholders funds-242,835-242,835-242,835-242,835-242,835-242,835-232,511-191,721-170,107-157,617100
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013
Operating Activities
Operating Profit-9-600-1-10,326-40,792-21,614-12,536-157,7620
Depreciation000004,9995,0005,0005,0005,0000
Amortisation00000000000
Tax00000000000
Stock00000000000
Debtors0000055-69-1285884100
Creditors0-600000600-743695-195,938170,98625,000
Accruals and Deferred Income06000004,59936,09316,456185,35300
Deferred Taxes & Provisions00000000000
Cash flow from operations-9-600-1-183-373665-18,17918,14024,900
Investing Activities
capital expenditure0000000000-25,000
Change in Investments00000000000
cash flow from investments0000000000-25,000
Financing Activities
Bank loans00000000000
Group/Directors Accounts00000000000
Other Short Term Loans 00000000000
Long term loans00000000000
Hire Purchase and Lease Commitments00000000000
other long term liabilities00000000000
share issue0000000000100
interest9600122046450
cash flow from financing960012204645100
cash and cash equivalents
cash00000-181-393687-18,13318,1850
overdraft000000-2222000
change in cash00000-181-371665-18,13318,1850

letsbid4lets limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Letsbid4lets Limited Competitor Analysis

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Perform a competitor analysis for letsbid4lets limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other established companies, companies in WC1H area or any other competitors across 12 key performance metrics.

letsbid4lets limited Ownership

LETSBID4LETS LIMITED group structure

Letsbid4Lets Limited has no subsidiary companies.

Ultimate parent company

LETSBID4LETS LIMITED

08317219

LETSBID4LETS LIMITED Shareholders

spencer rose 57%
bryn cole 38%
anthony codling 5%

letsbid4lets limited directors

Letsbid4Lets Limited currently has 1 director, Mr Spencer Rose serving since Dec 2012.

officercountryagestartendrole
Mr Spencer Rose57 years Dec 2012- Director

P&L

December 2023

turnover

0

0%

operating profit

-8.7

0%

gross margin

0%

0%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

-242.8k

0%

total assets

266

0%

cash

165

0%

net assets

Total assets minus all liabilities

letsbid4lets limited company details

company number

08317219

Type

Private limited with Share Capital

industry

82990 - Other business support service activities n.e.c.

incorporation date

December 2012

age

12

incorporated

UK

ultimate parent company

None

accounts

Dormant

last accounts submitted

December 2023

previous names

auctionlets.com limited (February 2017)

auctionlets residential limited (July 2013)

accountant

BSG VALENTINE (UK) LLP

auditor

-

address

lynton house, 7-12 tavistock square, london, WC1H 9BQ

Bank

-

Legal Advisor

-

letsbid4lets 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 letsbid4lets limited.

letsbid4lets limited Capital Raised & Share Issues BETA

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letsbid4lets limited Companies House Filings - See Documents

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