lb estates ltd
lb estates ltd Company Information
Company Number
08364277
Next Accounts
Oct 2025
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Shareholders
lee banks
richard banks
Group Structure
View All
Contact
Registered Address
suite g7 woodland place, hurricane way, wickford, essex, SS11 8YB
Website
www.lbn.com.lblb estates ltd Estimated Valuation
Pomanda estimates the enterprise value of LB ESTATES LTD at £550.1k based on a Turnover of £222.3k and 2.47x industry multiple (adjusted for size and gross margin).
lb estates ltd Estimated Valuation
Pomanda estimates the enterprise value of LB ESTATES LTD at £18.8k based on an EBITDA of £3.8k and a 4.89x industry multiple (adjusted for size and gross margin).
lb estates ltd Estimated Valuation
Pomanda estimates the enterprise value of LB ESTATES LTD at £30.3k based on Net Assets of £17.7k and 1.71x industry multiple (adjusted for liquidity).
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Lb Estates Ltd Overview
Lb Estates Ltd is a live company located in wickford, SS11 8YB with a Companies House number of 08364277. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in January 2013, it's largest shareholder is lee banks with a 50% stake. Lb Estates Ltd is a established, micro sized company, Pomanda has estimated its turnover at £222.3k with unknown growth in recent years.
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Lb Estates Ltd Health Check
Pomanda's financial health check has awarded Lb Estates Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
7 Weak
Size
annual sales of £222.3k, make it smaller than the average company (£951.3k)
- Lb Estates Ltd
£951.3k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Lb Estates Ltd
- - Industry AVG
Production
with a gross margin of 31.3%, this company has a higher cost of product (72.8%)
- Lb Estates Ltd
72.8% - Industry AVG
Profitability
an operating margin of 1.7% make it less profitable than the average company (25.7%)
- Lb Estates Ltd
25.7% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - Lb Estates Ltd
4 - Industry AVG
Pay Structure
on an average salary of £32.6k, the company has an equivalent pay structure (£32.6k)
- Lb Estates Ltd
£32.6k - Industry AVG
Efficiency
resulting in sales per employee of £111.2k, this is less efficient (£183.1k)
- Lb Estates Ltd
£183.1k - Industry AVG
Debtor Days
it gets paid by customers after 97 days, this is later than average (32 days)
- Lb Estates Ltd
32 days - Industry AVG
Creditor Days
its suppliers are paid after 147 days, this is slower than average (38 days)
- Lb Estates Ltd
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Lb Estates Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Lb Estates Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 93.3%, this is a higher level of debt than the average (67.8%)
93.3% - Lb Estates Ltd
67.8% - Industry AVG
LB ESTATES LTD financials
Lb Estates Ltd's latest turnover from January 2024 is estimated at £222.3 thousand and the company has net assets of £17.7 thousand. According to their latest financial statements, Lb Estates Ltd has 2 employees and maintains cash reserves of 0 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 2 | 2 | 2 | 1 | |||||||
| EBITDA* |
* 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 203,741 | 208,749 | 213,798 | 209,552 | 212,405 | 213,988 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 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 | 0 |
| Total Fixed Assets | 203,741 | 208,749 | 213,798 | 209,552 | 212,405 | 213,988 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 59,617 | 58,840 | 3,048 | 0 | 0 | 3,750 | 3,550 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 3,019 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 7,702 | 2,215 | 3,978 | 24,039 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 59,617 | 58,840 | 3,048 | 7,702 | 2,215 | 10,747 | 27,589 | 0 | 0 | 0 | 0 |
| total assets | 263,358 | 267,589 | 216,846 | 217,254 | 214,620 | 224,735 | 27,589 | 0 | 0 | 0 | 0 |
| 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 | 61,539 | 64,624 | 11,372 | 0 | 0 | 5,019 | 6,000 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 44,994 | 43,172 | 45,445 | 8,686 | 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 | 0 | 0 | 0 | 1,511 | 1,217 | 3,711 | 7,325 | 0 | 0 | 0 | 0 |
| total current liabilities | 61,539 | 64,624 | 11,372 | 46,505 | 44,389 | 54,175 | 22,011 | 0 | 0 | 0 | 0 |
| loans | 0 | 0 | 0 | 156,081 | 156,081 | 156,081 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 360 | 360 | 360 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 183,717 | 187,748 | 191,914 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 184,077 | 188,108 | 192,274 | 156,081 | 156,081 | 156,081 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 245,616 | 252,732 | 203,646 | 202,586 | 200,470 | 210,256 | 22,011 | 0 | 0 | 0 | 0 |
| net assets | 17,742 | 14,857 | 13,200 | 14,668 | 14,150 | 14,479 | 5,578 | 0 | 0 | 0 | 0 |
| total shareholders funds | 17,742 | 14,857 | 13,200 | 14,668 | 14,150 | 14,479 | 5,578 | 0 | 0 | 0 | 0 |
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | |||||||||||
| Depreciation | 4,747 | 2,853 | 2,703 | 1,074 | 0 | ||||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | ||||||
| Tax | |||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 777 | 55,792 | 3,048 | 0 | -6,769 | 3,219 | 3,550 | 0 | 0 | 0 | 0 |
| Creditors | -3,085 | 53,252 | 11,372 | 0 | -5,019 | -981 | 6,000 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | -1,151 | 294 | -2,494 | -3,614 | 7,325 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 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 | 0 |
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | -44,994 | 1,822 | -2,273 | 36,759 | 8,686 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | -156,081 | 0 | 0 | 156,081 | 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 | -4,031 | -4,166 | 191,914 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||
| interest | |||||||||||
| cash flow from financing | |||||||||||
| cash and cash equivalents | |||||||||||
| cash | 0 | 0 | -7,702 | 5,487 | -1,763 | -20,061 | 24,039 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | -7,702 | 5,487 | -1,763 | -20,061 | 24,039 | 0 | 0 | 0 | 0 |
lb estates ltd Credit Report and Business Information
Lb Estates Ltd Competitor Analysis
Perform a competitor analysis for lb estates ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in SS11 area or any other competitors across 12 key performance metrics.
lb estates ltd Ownership
LB ESTATES LTD group structure
Lb Estates Ltd has no subsidiary companies.
Ultimate parent company
LB ESTATES LTD
08364277
lb estates ltd directors
Lb Estates Ltd currently has 2 directors. The longest serving directors include Mr Lee Banks (Jan 2013) and Mr Richard Banks (Jun 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Lee Banks | England | 39 years | Jan 2013 | - | Director |
| Mr Richard Banks | England | 62 years | Jun 2020 | - | Director |
P&L
January 2024turnover
222.3k
+14%
operating profit
3.8k
0%
gross margin
31.4%
+10.56%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2024net assets
17.7k
+0.19%
total assets
263.4k
-0.02%
cash
0
0%
net assets
Total assets minus all liabilities
lb estates ltd company details
company number
08364277
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
January 2013
age
12
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
January 2024
previous names
N/A
accountant
-
auditor
-
address
suite g7 woodland place, hurricane way, wickford, essex, SS11 8YB
Bank
-
Legal Advisor
-
lb estates 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 found 2 charges/mortgages relating to lb estates ltd. Currently there are 2 open charges and 0 have been satisfied in the past.
lb estates 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.
Click to start generating capital raising & share issue transactions for LB ESTATES LTD. This can take several minutes, an email will notify you when this has completed.
lb estates ltd Companies House Filings - See Documents
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