Other engineering activities (not including engineering design for industrial process and production or engineering related scientific and technical consulting activities)
Pomanda estimates the enterprise value of LPS LOCKSMITHS LIMITED at £550.2k based on a Turnover of £1.5m and 0.37x industry multiple (adjusted for size and gross margin).
lps locksmiths limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of LPS LOCKSMITHS LIMITED at £0 based on an EBITDA of £-88.6k and a 2.91x industry multiple (adjusted for size and gross margin).
lps locksmiths limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of LPS LOCKSMITHS LIMITED at £0 based on Net Assets of £-222.3k and 2.04x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Lps Locksmiths LimitedOverview
Lps Locksmiths Limited is a live company located in hull, HU2 0PY with a Companies House number of 08570770. It operates in the other engineering activities sector, SIC Code 71129. Founded in June 2013, it's largest shareholder is
benjamin william thomas hicks
with a 40% stake. Lps Locksmiths Limited is a established,
small sized company, Pomanda has estimated its turnover at
£1.5m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Lps Locksmiths Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
2 Strong
1 Regular
7 Weak
Size
annual sales of £1.5m, make it smaller than the average company (£3.7m)
£1.5m - Lps Locksmiths Limited
£3.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a slower rate (10.8%)
6% - Lps Locksmiths Limited
10.8% - Industry AVG
Production
with a gross margin of 19.8%, this company has a higher cost of product (34.5%)
19.8% - Lps Locksmiths Limited
34.5% - Industry AVG
Profitability
an operating margin of -5.9% make it less profitable than the average company (6.3%)
-5.9% - Lps Locksmiths Limited
6.3% - Industry AVG
Employees
with 8 employees, this is below the industry average (26)
8 - Lps Locksmiths Limited
26 - Industry AVG
Pay Structure
on an average salary of £55.2k, the company has an equivalent pay structure (£55.2k)
£55.2k - Lps Locksmiths Limited
£55.2k - Industry AVG
Efficiency
resulting in sales per employee of £186.6k, this is more efficient (£130.7k)
£186.6k - Lps Locksmiths Limited
£130.7k - Industry AVG
Debtor Days
it gets paid by customers after 128 days, this is later than average (68 days)
128 days - Lps Locksmiths Limited
68 days - Industry AVG
Creditor Days
its suppliers are paid after 142 days, this is slower than average (28 days)
142 days - Lps Locksmiths Limited
28 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Lps Locksmiths Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Lps Locksmiths Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 134.7%, this is a higher level of debt than the average (56.2%)
134.7% - Lps Locksmiths Limited
56.2% - Industry AVG
LPS LOCKSMITHS LIMITED financials
EXPORT
Lps Locksmiths Limited's latest turnover from June 2024 is estimated at £1.5 million and the company has net assets of -£222.3 thousand. According to their latest financial statements, Lps Locksmiths Limited has 8 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jun 2024
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Jun 2018
Jun 2017
Jun 2016
Jun 2015
Jun 2014
Turnover
1,493,105
1,077,084
1,299,094
1,263,241
710,683
1,451,424
686,898
501,862
510,529
290,126
233,796
Other Income Or Grants
Cost Of Sales
1,197,275
868,261
1,072,658
1,051,820
592,500
1,189,096
565,307
403,172
416,050
226,801
187,202
Gross Profit
295,831
208,823
226,436
211,421
118,183
262,328
121,590
98,690
94,479
63,325
46,595
Admin Expenses
384,454
167,550
150,513
310,811
234,947
288,934
111,948
97,122
87,092
66,661
40,340
Operating Profit
-88,623
41,273
75,923
-99,390
-116,764
-26,606
9,642
1,568
7,387
-3,336
6,255
Interest Payable
Interest Receivable
5
12
7
Pre-Tax Profit
-88,623
41,273
75,923
-99,390
-116,764
-26,606
9,642
1,568
7,393
-3,324
6,262
Tax
-10,318
-14,425
-1,832
-298
-1,478
-1,315
Profit After Tax
-88,623
30,955
61,498
-99,390
-116,764
-26,606
7,810
1,270
5,914
-3,324
4,947
Dividends Paid
Retained Profit
-88,623
30,955
61,498
-99,390
-116,764
-26,606
7,810
1,270
5,914
-3,324
4,947
Employee Costs
441,742
594,544
507,818
374,638
318,547
381,177
187,790
133,689
138,455
93,665
46,325
Number Of Employees
8
11
10
8
7
8
4
3
3
2
1
EBITDA*
-88,623
41,273
75,923
-99,390
-116,764
-26,606
9,642
1,568
24,507
-488
9,453
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jun 2024
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Jun 2018
Jun 2017
Jun 2016
Jun 2015
Jun 2014
Tangible Assets
112,953
379,963
432,556
334,614
354,682
489,190
359,228
136,675
64,536
12,096
14,260
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
112,953
379,963
432,556
334,614
354,682
489,190
359,228
136,675
64,536
12,096
14,260
Stock & work in progress
8,110
5,210
6,575
Trade Debtors
527,643
187,440
289,049
204,440
95,131
306,318
130,581
113,617
130,504
73,322
57,051
Group Debtors
Misc Debtors
Cash
5
2,000
2,991
misc current assets
total current assets
527,643
187,440
289,049
204,440
95,131
306,318
130,581
113,617
138,619
80,532
66,617
total assets
640,596
567,403
721,605
539,054
449,813
795,508
489,809
250,292
203,155
92,628
80,877
Bank overdraft
Bank loan
Trade Creditors
466,900
479,830
674,148
604,744
387,216
550,289
283,760
176,936
158,432
90,905
75,830
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
466,900
479,830
674,148
604,744
387,216
550,289
283,760
176,936
158,432
90,905
75,830
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
396,009
221,263
212,102
160,453
189,350
255,208
189,432
64,549
37,086
provisions
total long term liabilities
396,009
221,263
212,102
160,453
189,350
255,208
189,432
64,549
37,086
total liabilities
862,909
701,093
886,250
765,197
576,566
805,497
473,192
241,485
195,518
90,905
75,830
net assets
-222,313
-133,690
-164,645
-226,143
-126,753
-9,989
16,617
8,807
7,637
1,723
5,047
total shareholders funds
-222,313
-133,690
-164,645
-226,143
-126,753
-9,989
16,617
8,807
7,637
1,723
5,047
Jun 2024
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Jun 2018
Jun 2017
Jun 2016
Jun 2015
Jun 2014
Operating Activities
Operating Profit
-88,623
41,273
75,923
-99,390
-116,764
-26,606
9,642
1,568
7,387
-3,336
6,255
Depreciation
17,120
2,848
3,198
Amortisation
Tax
-10,318
-14,425
-1,832
-298
-1,478
-1,315
Stock
-8,110
2,900
-1,365
6,575
Debtors
340,203
-101,609
84,609
109,309
-211,187
175,737
16,964
-16,887
57,182
16,271
57,051
Creditors
-12,930
-194,318
69,404
217,528
-163,073
266,529
106,824
18,504
67,527
15,075
75,830
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations
-441,756
-61,754
46,293
8,829
-68,650
64,186
97,670
44,771
30,474
-319
20,342
Investing Activities
capital expenditure
267,010
52,593
-97,942
20,068
134,508
-129,962
-222,553
-72,139
-69,560
-684
-17,458
Change in Investments
cash flow from investments
267,010
52,593
-97,942
20,068
134,508
-129,962
-222,553
-72,139
-69,560
-684
-17,458
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
174,746
9,161
51,649
-28,897
-65,858
65,776
124,883
27,463
37,086
share issue
-100
100
interest
5
12
7
cash flow from financing
174,746
9,161
51,649
-28,897
-65,858
65,776
124,883
27,363
37,091
12
107
cash and cash equivalents
cash
-5
-1,995
-991
2,991
overdraft
change in cash
-5
-1,995
-991
2,991
lps locksmiths limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for lps locksmiths limited. Get real-time insights into lps locksmiths limited's credit score, group structure and payment trends.
Perform a competitor analysis for lps locksmiths limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in HU2 area or any other competitors across 12 key performance metrics.
lps locksmiths limited Ownership
LPS LOCKSMITHS LIMITED group structure
Lps Locksmiths Limited has no subsidiary companies.
Ultimate parent company
LPS LOCKSMITHS LIMITED
08570770
LPS LOCKSMITHS LIMITED Shareholders
The largest shareholders in Lps Locksmiths Limited include Benjamin William Thomas Hicks and Beverley Jane Hardy.
benjamin william thomas hicks
40%
beverley jane hardy
40%
abigail hicks
10%
danielle hicks
10%
lps locksmiths limited directors
Lps Locksmiths Limited currently has 2 directors.
The longest serving directors include
Beverley Hardy (Jun 2013) and
Mr Ben Hicks (Jun 2013).
71129 - Other engineering activities (not including engineering design for industrial process and production or engineering related scientific and technical consulting activities)
incorporation date
June 2013
age
12
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
June 2024
previous names
N/A
accountant
-
auditor
-
address
7b bromley street, hull, HU2 0PY
Bank
-
Legal Advisor
-
lps locksmiths 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 lps locksmiths limited. Currently there are 2 open charges and 2 have been satisfied in the past.
lps locksmiths 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 LPS LOCKSMITHS LIMITED. This can take several minutes, an email will notify you when this has completed.
lps locksmiths limitedCompanies House Filings - See Documents
