l c contracting ltd

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l c contracting ltd Company Information

Share L C CONTRACTING LTD

Company Number

08379823

Shareholders

lee philip cramp

Group Structure

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Industry

Other business support service activities n.e.c.

 

Registered Address

12 paget close, birmingham, B24 0LD

l c contracting ltd Estimated Valuation

£48.6k

Pomanda estimates the enterprise value of L C CONTRACTING LTD at £48.6k based on a Turnover of £123.8k and 0.39x industry multiple (adjusted for size and gross margin).

l c contracting ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of L C CONTRACTING LTD at £0 based on an EBITDA of £-24.5k and a 2.87x industry multiple (adjusted for size and gross margin).

l c contracting ltd Estimated Valuation

£40.8k

Pomanda estimates the enterprise value of L C CONTRACTING LTD at £40.8k based on Net Assets of £19.2k and 2.13x industry multiple (adjusted for liquidity).

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L C Contracting Ltd Overview

L C Contracting Ltd is a live company located in birmingham, B24 0LD with a Companies House number of 08379823. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in January 2013, it's largest shareholder is lee philip cramp with a 100% stake. L C Contracting Ltd is a established, micro sized company, Pomanda has estimated its turnover at £123.8k with declining growth in recent years.

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L C Contracting Ltd Health Check

Pomanda's financial health check has awarded L C Contracting Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

1 Strong

positive_score

1 Regular

positive_score

8 Weak

size

Size

annual sales of £123.8k, make it smaller than the average company (£4m)

£123.8k - L C Contracting Ltd

£4m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -8%, show it is growing at a slower rate (8%)

-8% - L C Contracting Ltd

8% - Industry AVG

production

Production

with a gross margin of 17.1%, this company has a higher cost of product (38.4%)

17.1% - L C Contracting Ltd

38.4% - Industry AVG

profitability

Profitability

an operating margin of -19.8% make it less profitable than the average company (5.6%)

-19.8% - L C Contracting Ltd

5.6% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (24)

2 - L C Contracting Ltd

24 - Industry AVG

paystructure

Pay Structure

on an average salary of £49.8k, the company has an equivalent pay structure (£49.8k)

£49.8k - L C Contracting Ltd

£49.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £61.9k, this is less efficient (£153.8k)

£61.9k - L C Contracting Ltd

£153.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 115 days, this is later than average (39 days)

115 days - L C Contracting Ltd

39 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 23 days, this is quicker than average (33 days)

23 days - L C Contracting Ltd

33 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - L C Contracting Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - L C Contracting Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 50.9%, this is a lower level of debt than the average (60.3%)

50.9% - L C Contracting Ltd

60.3% - Industry AVG

L C CONTRACTING LTD financials

EXPORTms excel logo

L C Contracting Ltd's latest turnover from January 2024 is estimated at £123.8 thousand and the company has net assets of £19.2 thousand. According to their latest financial statements, L C Contracting Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014
Turnover123,813170,385146,326158,17681,94167,10791,60519,6021,5871,5501,548
Other Income Or Grants
Cost Of Sales102,695140,759122,851133,06967,74755,92475,92616,0331,3141,2941,289
Gross Profit21,11829,62623,47525,10714,19411,18315,6793,569273256259
Admin Expenses45,64222,52714,9855,93831,1664,044-3,783-9,3279,838-1,632-13,920
Operating Profit-24,5247,0998,49019,169-16,9727,13919,46212,896-9,5651,88814,179
Interest Payable950625828861
Interest Receivable15515546661247537
Pre-Tax Profit-24,5246,1497,86519,169-16,8177,29419,50912,134-10,3021,96314,216
Tax-1,168-1,494-3,642-1,386-3,707-2,427-412-3,270
Profit After Tax-24,5244,9816,37115,527-16,8175,90815,8029,707-10,3021,55110,946
Dividends Paid
Retained Profit-24,5244,9816,37115,527-16,8175,90815,8029,707-10,3021,55110,946
Employee Costs99,54794,83590,16085,42484,33781,67338,65638,49738,15737,92637,973
Number Of Employees22222211111
EBITDA*-24,5247,0998,49019,169-16,9727,13919,46212,896-9,5651,88814,179

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors39,01267,07661,19361,86020,85134,044
Group Debtors
Misc Debtors
Cash41,26918,48034,06415,52114,611
misc current assets
total current assets39,01267,07661,19361,86020,85141,26934,04418,48034,06415,52114,611
total assets39,01267,07661,19361,86020,85141,26934,04418,48034,06415,52114,611
Bank overdraft
Bank loan
Trade Creditors 6,6827,7435649,5384,0565406,3406,578504504480
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities1,9347,1154,8642,5193,184
total current liabilities6,6827,7432,4989,5384,0567,6556,3406,5785,3683,0233,664
loans20,00026,500
hp & lease commitments
Accruals and Deferred Income
other liabilities13,18015,65920,000
provisions
total long term liabilities13,18015,65920,00020,00026,500
total liabilities19,86223,40222,49829,5384,0567,6556,3406,57831,8683,0233,664
net assets19,15043,67438,69532,32216,79533,61427,70411,9022,19612,49810,947
total shareholders funds19,15043,67438,69532,32216,79533,61427,70411,9022,19612,49810,947
Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014
Operating Activities
Operating Profit-24,5247,0998,49019,169-16,9727,13919,46212,896-9,5651,88814,179
Depreciation
Amortisation
Tax-1,168-1,494-3,642-1,386-3,707-2,427-412-3,270
Stock
Debtors-28,0645,883-66741,00920,851-34,04434,044
Creditors-1,0617,179-8,9745,4823,516-5,800-2386,07424480
Accruals and Deferred Income-1,9341,934-7,1157,115-4,8642,345-6653,184
Deferred Taxes & Provisions
Cash flow from operations2,4795,293623-20,000-41,42241,112-18,52711,679-7,22083514,573
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans-20,00020,000-26,50026,500
Hire Purchase and Lease Commitments
other long term liabilities-2,47915,659-20,00020,000
share issue-22-22-11
interest-950-62515515546-762-7377537
cash flow from financing-2,479-5,293-62320,00015315746-27,26325,7637538
cash and cash equivalents
cash-41,26941,269-18,480-15,58418,54391014,611
overdraft
change in cash-41,26941,269-18,480-15,58418,54391014,611

l c contracting ltd 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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L C Contracting Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for l c contracting ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in B24 area or any other competitors across 12 key performance metrics.

l c contracting ltd Ownership

L C CONTRACTING LTD group structure

L C Contracting Ltd has no subsidiary companies.

Ultimate parent company

L C CONTRACTING LTD

08379823

L C CONTRACTING LTD Shareholders

lee philip cramp 100%

l c contracting ltd directors

L C Contracting Ltd currently has 2 directors. The longest serving directors include Mr Lee Cramp (Jan 2013) and Ms Magdalena Przegalinska (Sep 2017).

officercountryagestartendrole
Mr Lee CrampEngland49 years Jan 2013- Director
Ms Magdalena PrzegalinskaEngland42 years Sep 2017- Director

P&L

January 2024

turnover

123.8k

-27%

operating profit

-24.5k

0%

gross margin

17.1%

-1.91%

turnover

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

Balance Sheet

January 2024

net assets

19.2k

-0.56%

total assets

39k

-0.42%

cash

0

0%

net assets

Total assets minus all liabilities

l c contracting ltd company details

company number

08379823

Type

Private limited with Share Capital

industry

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

incorporation date

January 2013

age

12

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

January 2024

previous names

N/A

accountant

-

auditor

-

address

12 paget close, birmingham, B24 0LD

Bank

-

Legal Advisor

-

l c contracting 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 l c contracting ltd.

l c contracting 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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l c contracting ltd Companies House Filings - See Documents

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