locksmith animation limited
locksmith animation limited Company Information
Company Number
08499920
Website
www.locksmithanimation.comRegistered Address
7 savoy court, london, WC2R 0EX
Industry
Motion picture production activities
Telephone
02076376780
Next Accounts Due
2 days late
Group Structure
View All
Shareholders
rfs ii b llc 72.2%
sister group limited 16.8%
View Alllocksmith animation limited Estimated Valuation
Pomanda estimates the enterprise value of LOCKSMITH ANIMATION LIMITED at £0 based on a Turnover of £13.6m and -60.33x industry multiple (adjusted for size and gross margin).
locksmith animation limited Estimated Valuation
Pomanda estimates the enterprise value of LOCKSMITH ANIMATION LIMITED at £1.8b based on an EBITDA of £-6m and a -305.06x industry multiple (adjusted for size and gross margin).
locksmith animation limited Estimated Valuation
Pomanda estimates the enterprise value of LOCKSMITH ANIMATION LIMITED at £20m based on Net Assets of £13m and 1.53x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Locksmith Animation Limited Overview
Locksmith Animation Limited is a live company located in london, WC2R 0EX with a Companies House number of 08499920. It operates in the motion picture production activities sector, SIC Code 59111. Founded in April 2013, it's largest shareholder is rfs ii b llc with a 72.2% stake. Locksmith Animation Limited is a established, mid sized company, Pomanda has estimated its turnover at £13.6m with declining growth in recent years.
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Locksmith Animation Limited Health Check
Pomanda's financial health check has awarded Locksmith Animation Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
5 Weak
Size
annual sales of £13.6m, make it larger than the average company (£2.2m)
£13.6m - Locksmith Animation Limited
£2.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -11%, show it is growing at a slower rate (2.5%)
-11% - Locksmith Animation Limited
2.5% - Industry AVG
Production
with a gross margin of -6.2%, this company has a higher cost of product (-0.1%)
-6.2% - Locksmith Animation Limited
-0.1% - Industry AVG
Profitability
an operating margin of -44.7% make it less profitable than the average company (-0.6%)
-44.7% - Locksmith Animation Limited
-0.6% - Industry AVG
Employees
with 50 employees, this is above the industry average (11)
50 - Locksmith Animation Limited
11 - Industry AVG
Pay Structure
on an average salary of £116.5k, the company has a higher pay structure (£52.4k)
£116.5k - Locksmith Animation Limited
£52.4k - Industry AVG
Efficiency
resulting in sales per employee of £271.9k, this is equally as efficient (£290.7k)
£271.9k - Locksmith Animation Limited
£290.7k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (27 days)
0 days - Locksmith Animation Limited
27 days - Industry AVG
Creditor Days
its suppliers are paid after 3 days, this is quicker than average (11 days)
3 days - Locksmith Animation Limited
11 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Locksmith Animation Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 64 weeks, this is more cash available to meet short term requirements (11 weeks)
64 weeks - Locksmith Animation Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 39.8%, this is a lower level of debt than the average (94.2%)
39.8% - Locksmith Animation Limited
94.2% - Industry AVG
LOCKSMITH ANIMATION LIMITED financials
Locksmith Animation Limited's latest turnover from December 2022 is £13.6 million and the company has net assets of £13 million. According to their latest financial statements, Locksmith Animation Limited has 50 employees and maintains cash reserves of £8.1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Jan 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 13,596,427 | 9,905,036 | 29,531,764 | 19,176,478 | 12,131,789 | 5,716,417 | 1,562,684 | 0 | ||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Cost Of Sales | 14,440,086 | 11,951,984 | 32,491,316 | 20,295,423 | 11,504,631 | 5,312,036 | 1,906,442 | 58,635 | ||
| Gross Profit | -843,659 | -2,046,948 | -2,959,552 | -1,118,945 | 627,158 | 404,381 | -343,758 | -58,635 | ||
| Admin Expenses | 5,240,844 | 5,395,869 | 3,662,712 | 4,087,879 | 2,803,956 | 2,082,262 | 655,928 | 1,153,293 | ||
| Operating Profit | -6,084,503 | -7,442,817 | -6,622,264 | -5,206,824 | -2,176,798 | -1,677,881 | -999,686 | -1,211,928 | ||
| Interest Payable | 995,496 | 17,474 | 212,889 | 211,953 | 307,004 | 243,656 | 0 | 0 | ||
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 157 | ||
| Pre-Tax Profit | -7,079,999 | -7,460,291 | -6,835,153 | -5,418,777 | -2,483,802 | -1,921,537 | -999,686 | -1,211,771 | ||
| Tax | 2,140,822 | 1,962,139 | 6,514,937 | 4,419,056 | 2,491,876 | 1,171,485 | 0 | -987 | ||
| Profit After Tax | -4,939,177 | -5,498,152 | -320,216 | -999,721 | 8,074 | -750,052 | -999,686 | -1,212,758 | ||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Retained Profit | -4,939,177 | -5,498,152 | -320,216 | -999,721 | 8,074 | -750,052 | -999,686 | -1,212,758 | ||
| Employee Costs | 5,822,782 | 4,269,606 | 3,043,562 | 3,644,673 | 2,981,325 | 1,404,145 | ||||
| Number Of Employees | 50 | 36 | 37 | 48 | 44 | 26 | ||||
| EBITDA* | -5,970,487 | -7,348,642 | -6,521,304 | -5,091,961 | -2,096,351 | -1,646,720 | -972,533 | -1,200,255 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Jan 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 104,819 | 178,587 | 134,154 | 203,499 | 185,654 | 111,843 | 21,262 | 29,796 | 24,862 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 27,720 | 0 |
| Total Fixed Assets | 104,819 | 178,587 | 134,154 | 203,499 | 185,654 | 111,843 | 21,265 | 29,796 | 52,582 | 0 |
| Stock & work in progress | 0 | 0 | 2,130,445 | 1,632,012 | 1,548,421 | 859,182 | 1,562,684 | 1,044,526 | 181,236 | 0 |
| Trade Debtors | 6,581 | 30 | 6,931,758 | 0 | 0 | 789,064 | 400,377 | 0 | 1,583,681 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 13,478,641 | 12,252,106 | 0 | 14,381,831 | 8,525,510 | 2,607,781 | 118,144 | 63,815 | 0 | 0 |
| Cash | 8,074,563 | 12,093,043 | 5,460,111 | 3,642,692 | 7,079,923 | 7,841,387 | 1,180,895 | 573,273 | 762,161 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 21,559,785 | 24,345,179 | 14,522,314 | 19,656,535 | 17,153,854 | 12,097,414 | 3,262,100 | 1,681,614 | 2,527,078 | 0 |
| total assets | 21,664,604 | 24,523,766 | 14,656,468 | 19,860,034 | 17,339,508 | 12,209,257 | 3,283,365 | 1,711,410 | 2,579,660 | 0 |
| Bank overdraft | 0 | 0 | 0 | 728 | 207 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 127,866 | 125,640 | 16,382,543 | 50,646 | 389,493 | 180,497 | 51,133 | 218,988 | 32,362 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 11,283,303 | 6,852,077 | 2,806,312 | 70,802 | 25,024 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 6,420,457 | 6,349,973 | 0 | 9,931,216 | 7,663,399 | 5,318,783 | 251,368 | 131,871 | 0 | 0 |
| total current liabilities | 6,548,323 | 6,475,613 | 16,382,543 | 21,265,893 | 14,905,176 | 8,305,592 | 373,303 | 375,883 | 32,362 | 0 |
| loans | 0 | 0 | 0 | 0 | 2,840,470 | 4,317,875 | 2,574,221 | 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 | 2,070,951 | 79,080 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 5,959 | 5,959 | 5,959 | 5,959 | 5,959 | 5,959 | 5,959 | 5,959 | 4,972 | 0 |
| total long term liabilities | 2,076,910 | 85,039 | 5,959 | 5,959 | 2,846,429 | 4,323,834 | 2,580,180 | 5,959 | 4,972 | 0 |
| total liabilities | 8,625,233 | 6,560,652 | 16,388,502 | 21,271,852 | 17,751,605 | 12,629,426 | 2,953,483 | 381,842 | 37,334 | 0 |
| net assets | 13,039,371 | 17,963,114 | -1,732,034 | -1,411,818 | -412,097 | -420,169 | 329,882 | 1,329,568 | 2,542,326 | 0 |
| total shareholders funds | 13,039,371 | 17,963,114 | -1,732,034 | -1,411,818 | -412,097 | -420,169 | 329,882 | 1,329,568 | 2,542,326 | 0 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Jan 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | -6,084,503 | -7,442,817 | -6,622,264 | -5,206,824 | -2,176,798 | -1,677,881 | -999,686 | -1,211,928 | ||
| Depreciation | 114,016 | 94,175 | 100,960 | 114,863 | 80,447 | 31,161 | 27,153 | 11,673 | 5,695 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | 2,140,822 | 1,962,139 | 6,514,937 | 4,419,056 | 2,491,876 | 1,171,485 | 0 | -987 | ||
| Stock | 0 | -2,130,445 | 498,433 | 83,591 | 689,239 | -703,502 | 518,158 | 863,290 | 181,236 | 0 |
| Debtors | 1,233,086 | 5,320,378 | -7,450,073 | 5,856,321 | 5,128,665 | 2,878,324 | 454,706 | -1,547,586 | 1,611,401 | 0 |
| Creditors | 2,226 | -16,256,903 | 16,331,897 | -338,847 | 208,996 | 129,364 | -167,855 | 186,626 | 32,362 | 0 |
| Accruals and Deferred Income | 70,484 | 6,349,973 | -9,931,216 | 2,267,817 | 2,344,616 | 5,067,415 | 119,497 | 131,871 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 987 | 4,972 | 0 |
| Cash flow from operations | -4,990,041 | -18,483,366 | 13,345,954 | -4,683,847 | -2,868,767 | 2,546,722 | -1,993,755 | -197,462 | ||
| Investing Activities | ||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | -154,258 | -115,836 | ||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | -3 | 3 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | 0 | -154,258 | -115,833 | ||||
| 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 | -11,283,303 | 4,431,226 | 4,045,765 | 2,735,510 | 45,778 | 25,024 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | -2,840,470 | -1,477,405 | 1,743,654 | 2,574,221 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 1,991,871 | 79,080 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||
| interest | -995,496 | -17,474 | -212,889 | -211,953 | -307,004 | -243,656 | 0 | 157 | ||
| cash flow from financing | 1,011,809 | 25,254,906 | -11,496,192 | 1,378,803 | 2,261,354 | 4,235,509 | 2,619,999 | 25,181 | ||
| cash and cash equivalents | ||||||||||
| cash | -4,018,480 | 6,632,932 | 1,817,419 | -3,437,231 | -761,464 | 6,660,492 | 607,622 | -188,888 | 762,161 | 0 |
| overdraft | 0 | 0 | -728 | 521 | 207 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -4,018,480 | 6,632,932 | 1,818,147 | -3,437,752 | -761,671 | 6,660,492 | 607,622 | -188,888 | 762,161 | 0 |
locksmith animation limited Credit Report and Business Information
Locksmith Animation Limited Competitor Analysis
Perform a competitor analysis for locksmith animation limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other mid companies, companies in WC2R area or any other competitors across 12 key performance metrics.
locksmith animation limited Ownership
LOCKSMITH ANIMATION LIMITED group structure
Locksmith Animation Limited has 5 subsidiary companies.
Ultimate parent company
RFS II B LLC
#0143186
1 parent
LOCKSMITH ANIMATION LIMITED
08499920
5 subsidiaries
locksmith animation limited directors
Locksmith Animation Limited currently has 6 directors. The longest serving directors include Ms Elisabeth Murdoch (Jan 2014) and Ms Julie Lockhart (Mar 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Elisabeth Murdoch | 56 years | Jan 2014 | - | Director | |
| Ms Julie Lockhart | United Kingdom | 57 years | Mar 2015 | - | Director |
| Stacey Snider | United Kingdom | 63 years | Jan 2020 | - | Director |
| Ms Natalie Fischer | United States | 49 years | Feb 2021 | - | Director |
| Ms Britt Gardiner Currie | United Kingdom | 60 years | Oct 2022 | - | Director |
| Ms Mary Coleman | United Kingdom | 59 years | Oct 2022 | - | Director |
P&L
December 2022turnover
13.6m
+37%
operating profit
-6.1m
-18%
gross margin
-6.2%
-69.97%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
13m
-0.27%
total assets
21.7m
-0.12%
cash
8.1m
-0.33%
net assets
Total assets minus all liabilities
locksmith animation limited company details
company number
08499920
Type
Private limited with Share Capital
industry
59111 - Motion picture production activities
incorporation date
April 2013
age
11
incorporated
UK
accounts
Group
ultimate parent company
previous names
wishmaker animation ltd (January 2014)
last accounts submitted
December 2022
address
7 savoy court, london, WC2R 0EX
accountant
-
auditor
SAFFERY LLP
locksmith animation 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 found 4 charges/mortgages relating to locksmith animation limited. Currently there are 2 open charges and 2 have been satisfied in the past.
locksmith animation limited Companies House Filings - See Documents
| date | description | view/download |
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