lonrho holdings limited
lonrho holdings limited Company Information
Company Number
08502829
Next Accounts
154 days late
Shareholders
lonrho africa holdings limited
Group Structure
View All
Industry
Activities of head offices
Registered Address
20-22 wenlock road, london, N1 7GU
Website
www.lonrho.comlonrho holdings limited Estimated Valuation
Pomanda estimates the enterprise value of LONRHO HOLDINGS LIMITED at £31.5m based on a Turnover of £42m and 0.75x industry multiple (adjusted for size and gross margin).
lonrho holdings limited Estimated Valuation
Pomanda estimates the enterprise value of LONRHO HOLDINGS LIMITED at £3.7m based on an EBITDA of £638.2k and a 5.78x industry multiple (adjusted for size and gross margin).
lonrho holdings limited Estimated Valuation
Pomanda estimates the enterprise value of LONRHO HOLDINGS LIMITED at £118.4m based on Net Assets of £55.3m and 2.14x industry multiple (adjusted for liquidity).
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Lonrho Holdings Limited Overview
Lonrho Holdings Limited is a live company located in london, N1 7GU with a Companies House number of 08502829. It operates in the activities of head offices sector, SIC Code 70100. Founded in April 2013, it's largest shareholder is lonrho africa holdings limited with a 100% stake. Lonrho Holdings Limited is a established, large sized company, Pomanda has estimated its turnover at £42m with declining growth in recent years.
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Lonrho Holdings Limited Health Check
Pomanda's financial health check has awarded Lonrho Holdings Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
6 Strong
1 Regular
3 Weak
Size
annual sales of £42m, make it larger than the average company (£18.7m)
£42m - Lonrho Holdings Limited
£18.7m - Industry AVG
Growth
3 year (CAGR) sales growth of -28%, show it is growing at a slower rate (3.4%)
-28% - Lonrho Holdings Limited
3.4% - Industry AVG
Production
with a gross margin of 15.8%, this company has a higher cost of product (33.4%)
15.8% - Lonrho Holdings Limited
33.4% - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- - Lonrho Holdings Limited
- - Industry AVG
Employees
with 372 employees, this is above the industry average (108)
372 - Lonrho Holdings Limited
108 - Industry AVG
Pay Structure
on an average salary of £10.3k, the company has a lower pay structure (£47k)
£10.3k - Lonrho Holdings Limited
£47k - Industry AVG
Efficiency
resulting in sales per employee of £112.8k, this is less efficient (£195.8k)
£112.8k - Lonrho Holdings Limited
£195.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Lonrho Holdings Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 51 days, this is slower than average (45 days)
51 days - Lonrho Holdings Limited
45 days - Industry AVG
Stock Days
it holds stock equivalent to 45 days, this is in line with average (50 days)
45 days - Lonrho Holdings Limited
50 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 188 weeks, this is more cash available to meet short term requirements (16 weeks)
188 weeks - Lonrho Holdings Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 14.8%, this is a lower level of debt than the average (57.1%)
14.8% - Lonrho Holdings Limited
57.1% - Industry AVG
LONRHO HOLDINGS LIMITED financials
Lonrho Holdings Limited's latest turnover from December 2022 is £42 million and the company has net assets of £55.3 million. According to their latest financial statements, Lonrho Holdings Limited has 372 employees and maintains cash reserves of £30.6 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 | Dec 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 41,959,158 | 104,638,882 | 85,547,161 | 110,779,967 | 196,434,182 | 129,936,714 | 100,114,112 | 153,071,876 | 201,216,227 | 72,225,523 |
| Other Income Or Grants | ||||||||||
| Cost Of Sales | 35,338,226 | 90,340,401 | 74,579,576 | 87,010,249 | 159,440,779 | 93,006,489 | 70,140,738 | 114,151,506 | 144,638,596 | 53,211,857 |
| Gross Profit | 6,620,932 | 14,298,481 | 10,967,585 | 23,769,717 | 36,993,402 | 36,930,225 | 29,973,374 | 38,920,370 | 56,577,631 | 19,013,666 |
| Admin Expenses | 6,620,932 | 12,673,654 | 13,242,343 | 19,917,133 | 36,836,317 | 58,349,182 | 65,985,685 | 70,664,306 | 278,867,102 | |
| Operating Profit | 1,624,827 | -2,274,758 | 3,852,584 | 157,085 | -28,375,808 | -27,065,315 | -14,086,675 | -259,853,436 | ||
| Interest Payable | 478,622 | 243,724 | 1,056,138 | 1,090,354 | 5,733,585 | 2,082,833 | 456,447 | 4,100,805 | 2,232,315 | 7,658,282 |
| Interest Receivable | 638,162 | 974,896 | 568,689 | 1,744,566 | 1,256,676 | 6,889,369 | 2,890,833 | 894,721 | 846,740 | 6,205,849 |
| Pre-Tax Profit | -14,837,269 | -2,924,689 | -16,491,998 | 2,326,089 | -21,834,747 | 6,729,152 | -24,648,155 | -23,784,670 | -16,472,943 | -260,513,633 |
| Tax | -478,622 | -1,624,827 | 1,381,103 | 4,361,416 | 549,796 | -2,403,268 | -2,206,162 | 461,858 | 18,023,371 | |
| Profit After Tax | -15,315,890 | -4,549,517 | -15,110,894 | 6,687,505 | -21,284,951 | 4,325,883 | -26,854,317 | -23,784,670 | -16,011,085 | -242,490,262 |
| Dividends Paid | 304,298 | |||||||||
| Retained Profit | -34,540,523 | -14,785,929 | -25,184,824 | 2,907,611 | -19,321,395 | 3,845,230 | -26,930,392 | -25,424,993 | -17,550,612 | -242,490,262 |
| Employee Costs | 3,828,973 | 16,085,791 | 17,141,929 | 16,137,239 | 18,535,972 | 18,344,949 | 18,942,564 | 29,674,918 | 35,563,082 | 14,062,191 |
| Number Of Employees | 372 | 837 | 957 | 1,106 | 899 | 779 | 830 | 2,557 | 3,809 | 4,373 |
| EBITDA* | 638,162 | 15,842,066 | 2,924,689 | 10,612,779 | 14,923,029 | -18,029,669 | -6,337,608 | -1,693,480 | -255,892,256 |
* 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 | Dec 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,834,716 | 27,297,100 | 49,719,717 | 58,661,045 | 60,320,452 | 60,482,256 | 55,686,573 | 64,941,843 | 101,608,806 | 87,211,989 |
| Intangible Assets | 1,276,324 | 2,680,965 | 12,104,964 | 23,551,646 | 23,955,388 | 24,593,447 | 21,148,726 | 20,653,146 | 21,091,525 | 17,957,351 |
| Investments & Other | 16,167,031 | 14,623,445 | 12,866,177 | 14,687,401 | 2,966,907 | |||||
| Debtors (Due After 1 year) | 159,540 | 1,056,137 | 1,624,827 | 3,997,964 | 1,570,845 | 3,364,575 | 1,673,640 | 1,043,841 | ||
| Total Fixed Assets | 2,951,499 | 28,921,927 | 60,199,853 | 79,813,912 | 84,275,840 | 85,075,702 | 76,835,298 | 85,594,989 | 122,700,330 | 105,169,340 |
| Stock & work in progress | 4,387,364 | 22,260,134 | 19,010,480 | 26,313,876 | 31,416,902 | 33,004,886 | 9,813,617 | 9,767,372 | 23,246,863 | 17,561,233 |
| Trade Debtors | 18,035,584 | 21,528,963 | 40,343,098 | 31,573,987 | 46,383,081 | 11,791,556 | 14,240,978 | 24,247,556 | ||
| Group Debtors | 7,019,783 | 4,555,450 | ||||||||
| Misc Debtors | 1,196,553 | 2,274,758 | 5,686,895 | 2,356,267 | 3,879,802 | 23,262,749 | 15,318,297 | 35,716,643 | ||
| Cash | 30,631,780 | 39,158,339 | 50,938,337 | 44,777,204 | 53,487,276 | 79,227,749 | 79,726,131 | 93,722,039 | 18,705,257 | 53,740,014 |
| misc current assets | 12,922,782 | 3,087,172 | 1,299,862 | 1,453,805 | 2,120,641 | 2,243,051 | 3,803,728 | 6,113,928 | ||
| total current assets | 62,779,196 | 87,253,229 | 99,114,469 | 113,033,365 | 125,510,525 | 160,858,768 | 109,014,835 | 147,107,068 | 81,517,974 | 107,017,891 |
| total assets | 65,730,695 | 116,175,156 | 159,314,322 | 192,847,277 | 209,786,365 | 245,934,470 | 185,850,133 | 232,702,057 | 204,218,304 | 212,187,231 |
| Bank overdraft | 1,356,094 | 1,218,621 | 1,056,138 | 7,341,717 | 13,666,353 | 12,657,214 | 380,373 | 5,619,276 | 3,895,161 | |
| Bank loan | 863,964 | 1,825,789 | 1,789,442 | 4,310,676 | 6,469,928 | |||||
| Trade Creditors | 4,945,756 | 18,116,825 | 21,935,169 | 29,221,487 | 29,767,515 | 37,410,879 | 12,780,525 | 30,867,880 | 21,784,312 | 43,837,063 |
| Group/Directors Accounts | ||||||||||
| other short term finances | 1,543,585 | 2,762,206 | 3,489,132 | 3,298,774 | 4,886,645 | 380,372 | 298,240 | 384,881 | 2,640,786 | |
| hp & lease commitments | 239,310 | 324,965 | 1,137,379 | 1,453,805 | 149,120 | 307,905 | 528,157 | |||
| other current liabilities | 1,914,485 | 731,171 | 1,787,309 | 436,141 | 6,833,175 | 10,013,617 | 13,160,896 | 11,556,812 | 39,796,780 | 12,015,580 |
| total current liabilities | 8,455,648 | 21,935,169 | 28,678,203 | 41,942,284 | 54,429,783 | 64,968,357 | 28,527,957 | 44,661,497 | 72,203,833 | 69,386,677 |
| loans | 2,393,106 | 2,924,687 | 4,387,032 | 9,595,114 | 942,506 | 961,306 | 1,065,043 | 3,504,323 | 21,091,523 | 48,326,399 |
| hp & lease commitments | 717,932 | 812,413 | 1,137,379 | 4,361,416 | 149,120 | 307,905 | 660,196 | |||
| Accruals and Deferred Income | ||||||||||
| other liabilities | 81,241 | 10,236,412 | 12,066,584 | 12,802,387 | 14,259,392 | 8,444,275 | 8,723,531 | 10,930,644 | 10,034,990 | |
| provisions | 159,540 | 2,274,758 | 6,011,860 | 9,158,972 | 10,053,408 | 10,253,944 | 13,541,270 | 15,508,498 | 16,011,084 | 14,656,366 |
| total long term liabilities | 1,276,324 | 2,680,965 | 15,435,859 | 21,443,628 | 18,300,345 | 19,867,018 | 15,975,656 | 18,416,344 | 29,481,948 | 41,526,374 |
| total liabilities | 9,731,972 | 24,616,134 | 44,114,062 | 63,385,912 | 72,730,128 | 84,835,375 | 44,503,613 | 63,077,841 | 101,685,781 | 110,913,051 |
| net assets | 55,280,791 | 81,647,575 | 96,677,228 | 110,634,586 | 118,912,975 | 140,270,768 | 123,316,850 | 151,282,433 | 88,368,871 | 98,567,373 |
| total shareholders funds | 55,280,791 | 81,647,575 | 96,677,228 | 110,634,586 | 118,912,975 | 140,270,768 | 123,316,851 | 151,282,434 | 88,368,871 | 98,567,373 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | 1,624,827 | -2,274,758 | 3,852,584 | 157,085 | -28,375,808 | -27,065,315 | -14,086,675 | -259,853,436 | ||
| Depreciation | 558,392 | 5,036,965 | 5,199,448 | 6,469,434 | 14,451,775 | 6,008,171 | 10,346,139 | 20,727,707 | 12,393,195 | 3,961,180 |
| Amortisation | 79,770 | 9,180,274 | 290,761 | 314,169 | 240,326 | |||||
| Tax | -478,622 | -1,624,827 | 1,381,103 | 4,361,416 | 549,796 | -2,403,268 | -2,206,162 | 461,858 | 18,023,371 | |
| Stock | -17,872,770 | 3,249,654 | -7,303,396 | -5,103,026 | -1,587,984 | 23,191,269 | 46,245 | -13,479,491 | 5,685,630 | 17,561,233 |
| Debtors | -12,990,603 | -7,474,206 | -15,500,377 | 4,284,512 | -9,691,105 | 32,402,658 | -21,202,572 | -1,018,284 | 3,849,210 | 35,716,643 |
| Creditors | -13,171,069 | -3,818,344 | -7,286,318 | -546,028 | -7,643,364 | 24,630,354 | -18,087,355 | 9,083,567 | -22,052,751 | 43,837,063 |
| Accruals and Deferred Income | 1,183,314 | -1,056,138 | 1,351,168 | -6,397,034 | -3,180,442 | -3,147,279 | 1,604,084 | -28,239,968 | 27,781,200 | 12,015,580 |
| Deferred Taxes & Provisions | -2,115,218 | -3,737,102 | -3,147,112 | -894,436 | -200,536 | -3,287,326 | -1,967,228 | -502,586 | 1,354,718 | 14,656,366 |
| Cash flow from operations | 16,919,940 | 9,830,207 | 18,027,304 | 7,955,211 | 15,727,572 | -17,530,003 | -11,498,820 | -3,683,295 | -220,637,752 | |
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | -16,167,031 | 1,543,586 | 1,757,268 | -1,821,224 | 14,687,401 | -2,966,907 | 2,966,907 | |||
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | -863,964 | 863,964 | -1,825,789 | 36,347 | -2,521,234 | -2,159,252 | 6,469,928 | |||
| Group/Directors Accounts | ||||||||||
| Other Short Term Loans | -1,543,585 | -1,218,621 | -726,926 | 190,358 | -1,587,871 | 4,506,273 | 82,132 | -86,641 | -2,255,905 | 2,640,786 |
| Long term loans | -531,581 | -1,462,345 | -5,208,082 | 8,652,608 | -18,800 | -103,737 | -2,439,280 | -17,587,200 | -27,234,876 | 48,326,399 |
| Hire Purchase and Lease Commitments | -180,136 | -1,137,380 | -3,540,463 | 5,815,221 | -298,240 | -317,570 | -572,543 | 1,188,353 | ||
| other long term liabilities | -81,241 | -10,155,171 | -1,830,172 | -735,803 | -1,457,005 | 5,815,117 | -279,256 | -2,207,113 | 895,654 | 10,034,990 |
| share issue | ||||||||||
| interest | 159,540 | 731,172 | -487,449 | 654,212 | -4,476,909 | 4,806,536 | 2,434,386 | -3,206,084 | -1,385,575 | -1,452,433 |
| cash flow from financing | 5,996,736 | -13,486,069 | -565,626 | 2,526,632 | -8,713,019 | 26,307,088 | -1,499,102 | 62,412,714 | -25,360,387 | 408,265,658 |
| cash and cash equivalents | ||||||||||
| cash | -8,526,559 | -11,779,998 | 6,161,133 | -8,710,072 | -25,740,473 | -498,382 | -13,995,908 | 75,016,782 | -35,034,757 | 53,740,014 |
| overdraft | 137,473 | 162,483 | -6,285,579 | -6,324,636 | 1,009,139 | 12,276,841 | 380,373 | -5,619,276 | 1,724,115 | 3,895,161 |
| change in cash | -8,664,032 | -11,942,481 | 12,446,712 | -2,385,436 | -26,749,612 | -12,775,223 | -14,376,281 | 80,636,058 | -36,758,872 | 49,844,853 |
lonrho holdings limited Credit Report and Business Information
Lonrho Holdings Limited Competitor Analysis
Perform a competitor analysis for lonrho holdings limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other large companies, companies in N 1 area or any other competitors across 12 key performance metrics.
lonrho holdings limited Ownership
LONRHO HOLDINGS LIMITED group structure
Lonrho Holdings Limited has 2 subsidiary companies.
Ultimate parent company
1 parent
LONRHO HOLDINGS LIMITED
08502829
2 subsidiaries
lonrho holdings limited directors
Lonrho Holdings Limited currently has 2 directors. The longest serving directors include Mr Sean Wallbridge (Jun 2023) and Mr Evan Edwards (Jun 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Sean Wallbridge | United States | 39 years | Jun 2023 | - | Director |
| Mr Evan Edwards | England | 38 years | Jun 2023 | - | Director |
P&L
December 2022turnover
42m
-60%
operating profit
0
-100%
gross margin
15.8%
+15.48%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
55.3m
-0.32%
total assets
65.7m
-0.43%
cash
30.6m
-0.22%
net assets
Total assets minus all liabilities
lonrho holdings limited company details
company number
08502829
Type
Private limited with Share Capital
industry
70100 - Activities of head offices
incorporation date
April 2013
age
12
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2022
previous names
fs africa limited (August 2013)
accountant
-
auditor
GRANT THORNTON UK LLP
address
20-22 wenlock road, london, N1 7GU
Bank
BARCLAYS BANK PLC
Legal Advisor
-
lonrho holdings 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 3 charges/mortgages relating to lonrho holdings limited. Currently there are 1 open charges and 2 have been satisfied in the past.
lonrho holdings limited 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 LONRHO HOLDINGS LIMITED. This can take several minutes, an email will notify you when this has completed.
lonrho holdings limited Companies House Filings - See Documents
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