lbc repair ltd
lbc repair ltd Company Information
Company Number
08492839
Website
lbcrepair.co.ukRegistered Address
2nd floor 170 edmund street, birmingham, west midlands, B3 2HB
Industry
Maintenance and repair of motor vehicles
Telephone
-
Next Accounts Due
May 2024
Group Structure
View All
Directors
Anthony Blackwell10 Years
Shareholders
anthony blackwell 51.5%
alun lethbridge 48.5%
lbc repair ltd Estimated Valuation
Pomanda estimates the enterprise value of LBC REPAIR LTD at £530.7k based on a Turnover of £2.4m and 0.22x industry multiple (adjusted for size and gross margin).
lbc repair ltd Estimated Valuation
Pomanda estimates the enterprise value of LBC REPAIR LTD at £168.7k based on an EBITDA of £55.4k and a 3.05x industry multiple (adjusted for size and gross margin).
lbc repair ltd Estimated Valuation
Pomanda estimates the enterprise value of LBC REPAIR LTD at £433.4k based on Net Assets of £155.3k and 2.79x industry multiple (adjusted for liquidity).
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Lbc Repair Ltd Overview
Lbc Repair Ltd is a dissolved company that was located in west midlands, B3 2HB with a Companies House number of 08492839. It operated in the maintenance and repair of motor vehicles sector, SIC Code 45200. Founded in April 2013, it's largest shareholder was anthony blackwell with a 51.5% stake. The last turnover for Lbc Repair Ltd was estimated at £2.4m.
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Lbc Repair Ltd Health Check
Pomanda's financial health check has awarded Lbc Repair Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 5 areas for improvement. Company Health Check FAQs
6 Strong
1 Regular
5 Weak
Size
annual sales of £2.4m, make it larger than the average company (£297.7k)
- Lbc Repair Ltd
£297.7k - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a faster rate (4.5%)
- Lbc Repair Ltd
4.5% - Industry AVG
Production
with a gross margin of 27.3%, this company has a higher cost of product (39.7%)
- Lbc Repair Ltd
39.7% - Industry AVG
Profitability
an operating margin of 1% make it less profitable than the average company (5.7%)
- Lbc Repair Ltd
5.7% - Industry AVG
Employees
with 21 employees, this is above the industry average (10)
21 - Lbc Repair Ltd
10 - Industry AVG
Pay Structure
on an average salary of £27.5k, the company has an equivalent pay structure (£27.5k)
- Lbc Repair Ltd
£27.5k - Industry AVG
Efficiency
resulting in sales per employee of £115k, this is more efficient (£86.6k)
- Lbc Repair Ltd
£86.6k - Industry AVG
Debtor Days
it gets paid by customers after 115 days, this is later than average (36 days)
- Lbc Repair Ltd
36 days - Industry AVG
Creditor Days
its suppliers are paid after 143 days, this is slower than average (41 days)
- Lbc Repair Ltd
41 days - Industry AVG
Stock Days
it holds stock equivalent to 12 days, this is less than average (18 days)
- Lbc Repair Ltd
18 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (13 weeks)
3 weeks - Lbc Repair Ltd
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 85.3%, this is a higher level of debt than the average (77.5%)
85.3% - Lbc Repair Ltd
77.5% - Industry AVG
lbc repair ltd Credit Report and Business Information
Lbc Repair Ltd Competitor Analysis
Perform a competitor analysis for lbc repair ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
lbc repair ltd Ownership
LBC REPAIR LTD group structure
Lbc Repair Ltd has no subsidiary companies.
Ultimate parent company
LBC REPAIR LTD
08492839
lbc repair ltd directors
Lbc Repair Ltd currently has 1 director, Mr Anthony Blackwell serving since Apr 2014.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Anthony Blackwell | 69 years | Apr 2014 | - | Director |
LBC REPAIR LTD financials
Lbc Repair Ltd's latest turnover from April 2018 is estimated at £2.4 million and the company has net assets of £155.3 thousand. According to their latest financial statements, Lbc Repair Ltd has 21 employees and maintains cash reserves of £49.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 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 | 21 | 21 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | |
|---|---|---|---|---|---|
| Tangible Assets | 175,544 | 176,156 | 211,559 | 163,922 | 128,033 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 175,544 | 176,156 | 211,559 | 163,922 | 128,033 |
| Stock & work in progress | 61,154 | 69,004 | 65,101 | 100,155 | 76,700 |
| Trade Debtors | 766,561 | 450,297 | 365,780 | 405,773 | 184,275 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 |
| Cash | 49,705 | 114,747 | 99,425 | 23,744 | 17,482 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 877,420 | 634,048 | 530,306 | 529,672 | 278,457 |
| total assets | 1,052,964 | 810,204 | 741,865 | 693,594 | 406,490 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 688,419 | 674,489 | 686,504 | 643,883 | 395,550 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 688,419 | 674,489 | 686,504 | 643,883 | 395,550 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 209,214 | 0 | 0 | 3,688 | 5,296 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 209,214 | 0 | 0 | 3,688 | 5,296 |
| total liabilities | 897,633 | 674,489 | 686,504 | 647,571 | 400,846 |
| net assets | 155,331 | 135,715 | 55,361 | 46,023 | 5,644 |
| total shareholders funds | 155,331 | 135,715 | 55,361 | 46,023 | 5,644 |
| Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 31,578 | 28,083 | 30,928 | 15,085 | 13,807 |
| Amortisation | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||
| Stock | -7,850 | 3,903 | -35,054 | 23,455 | 76,700 |
| Debtors | 316,264 | 84,517 | -39,993 | 221,498 | 184,275 |
| Creditors | 13,930 | -12,015 | 42,621 | 248,333 | 395,550 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 209,214 | 0 | -3,688 | -1,608 | 5,296 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | -65,042 | 15,322 | 75,681 | 6,262 | 17,482 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | -65,042 | 15,322 | 75,681 | 6,262 | 17,482 |
P&L
April 2018turnover
2.4m
+31%
operating profit
23.8k
0%
gross margin
27.4%
-1.95%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2018net assets
155.3k
+0.14%
total assets
1.1m
+0.3%
cash
49.7k
-0.57%
net assets
Total assets minus all liabilities
lbc repair ltd company details
company number
08492839
Type
Private limited with Share Capital
industry
45200 - Maintenance and repair of motor vehicles
incorporation date
April 2013
age
11
accounts
Unaudited Abridged
ultimate parent company
previous names
ivor blackwell commercials ltd (June 2016)
incorporated
UK
address
2nd floor 170 edmund street, birmingham, west midlands, B3 2HB
last accounts submitted
April 2018
lbc repair 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 3 charges/mortgages relating to lbc repair ltd. Currently there are 2 open charges and 1 have been satisfied in the past.
lbc repair ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
