litus property ltd
litus property ltd Company Information
Company Number
08580943
Next Accounts
Mar 2025
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Directors
Shareholders
john hughes
Group Structure
View All
Contact
Registered Address
17 duke street, formby, liverpool, L37 4AN
Website
-litus property ltd Estimated Valuation
Pomanda estimates the enterprise value of LITUS PROPERTY LTD at £11.5m based on a Turnover of £4.3m and 2.69x industry multiple (adjusted for size and gross margin).
litus property ltd Estimated Valuation
Pomanda estimates the enterprise value of LITUS PROPERTY LTD at £1.8m based on an EBITDA of £332.7k and a 5.31x industry multiple (adjusted for size and gross margin).
litus property ltd Estimated Valuation
Pomanda estimates the enterprise value of LITUS PROPERTY LTD at £3.4m based on Net Assets of £2m and 1.71x industry multiple (adjusted for liquidity).
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Litus Property Ltd Overview
Litus Property Ltd is a live company located in liverpool, L37 4AN with a Companies House number of 08580943. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in June 2013, it's largest shareholder is john hughes with a 100% stake. Litus Property Ltd is a established, small sized company, Pomanda has estimated its turnover at £4.3m with unknown growth in recent years.
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Litus Property Ltd Health Check
Pomanda's financial health check has awarded Litus Property Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
4 Weak
Size
annual sales of £4.3m, make it larger than the average company (£832.4k)
- Litus Property Ltd
£832.4k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Litus Property Ltd
- - Industry AVG
Production
with a gross margin of 29.9%, this company has a higher cost of product (72.8%)
- Litus Property Ltd
72.8% - Industry AVG
Profitability
an operating margin of 7.8% make it less profitable than the average company (26.3%)
- Litus Property Ltd
26.3% - Industry AVG
Employees
with 10 employees, this is above the industry average (4)
- Litus Property Ltd
4 - Industry AVG
Pay Structure
on an average salary of £31.2k, the company has an equivalent pay structure (£31.2k)
- Litus Property Ltd
£31.2k - Industry AVG
Efficiency
resulting in sales per employee of £427.6k, this is more efficient (£177.1k)
- Litus Property Ltd
£177.1k - Industry AVG
Debtor Days
it gets paid by customers after 104 days, this is later than average (33 days)
- Litus Property Ltd
33 days - Industry AVG
Creditor Days
its suppliers are paid after 1 days, this is quicker than average (36 days)
- Litus Property Ltd
36 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Litus Property Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Litus Property Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 10.4%, this is a lower level of debt than the average (67.5%)
10.4% - Litus Property Ltd
67.5% - Industry AVG
LITUS PROPERTY LTD financials
Litus Property Ltd's latest turnover from June 2023 is estimated at £4.3 million and the company has net assets of £2 million. According to their latest financial statements, we estimate that Litus Property Ltd has 10 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 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 | ||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,000,000 | 750,000 | 750,000 | 538 | 4,779,675 | 4,937,445 | 5,092,374 | 5,195,349 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,000,000 | 750,000 | 750,000 | 538 | 4,779,675 | 4,937,445 | 5,092,374 | 5,195,349 |
| Stock & work in progress | 0 | 0 | 0 | 2,684 | 0 | 0 | 0 | 0 |
| Trade Debtors | 1,226,582 | 1,226,582 | 1,226,582 | 2,915,807 | 298,866 | 361,675 | 166,196 | 24,442 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 44,069 | 30,720 | 0 | 71,775 | 126,844 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,226,582 | 1,226,582 | 1,226,582 | 2,962,560 | 329,586 | 361,675 | 237,971 | 151,286 |
| total assets | 2,226,582 | 1,976,582 | 1,976,582 | 2,963,098 | 5,109,261 | 5,299,120 | 5,330,345 | 5,346,635 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 12,807 | 12,807 | 12,328 | 522,487 | 4,684,385 | 629,045 | 503,678 | 289,273 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 12,807 | 12,807 | 12,328 | 522,487 | 4,684,385 | 629,045 | 503,678 | 289,273 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 218,236 | 217,756 | 217,755 | 0 | 0 | 4,367,816 | 4,608,061 | 4,945,126 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 218,236 | 217,756 | 217,755 | 0 | 0 | 4,367,816 | 4,608,061 | 4,945,126 |
| total liabilities | 231,043 | 230,563 | 230,083 | 522,487 | 4,684,385 | 4,996,861 | 5,111,739 | 5,234,399 |
| net assets | 1,995,539 | 1,746,019 | 1,746,499 | 2,440,611 | 424,876 | 302,259 | 218,606 | 112,236 |
| total shareholders funds | 1,995,539 | 1,746,019 | 1,746,499 | 2,440,611 | 424,876 | 302,259 | 218,606 | 112,236 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 0 | 0 | 65,716 | 181,101 | 111,328 | 5,818 | ||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | ||||||||
| Stock | 0 | 0 | 0 | 2,684 | 0 | 0 | 0 | 0 |
| Debtors | 0 | 0 | 1,226,582 | 2,616,941 | -62,809 | 195,479 | 141,754 | 24,442 |
| Creditors | 0 | 479 | 12,328 | -4,161,898 | 4,055,340 | 125,367 | 214,405 | 289,273 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 480 | 1 | 217,755 | 0 | -4,367,816 | -240,245 | -337,065 | 4,945,126 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 0 | 0 | 0 | 13,349 | 30,720 | -71,775 | -55,069 | 126,844 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 13,349 | 30,720 | -71,775 | -55,069 | 126,844 |
litus property ltd Credit Report and Business Information
Litus Property Ltd Competitor Analysis
Perform a competitor analysis for litus property ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in L37 area or any other competitors across 12 key performance metrics.
litus property ltd Ownership
LITUS PROPERTY LTD group structure
Litus Property Ltd has no subsidiary companies.
Ultimate parent company
LITUS PROPERTY LTD
08580943
litus property ltd directors
Litus Property Ltd currently has 1 director, Mr John Hughes serving since Jun 2013.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Hughes | 43 years | Jun 2013 | - | Director |
P&L
June 2023turnover
4.3m
+1%
operating profit
332.7k
0%
gross margin
30%
+2.9%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
2m
+0.14%
total assets
2.2m
+0.13%
cash
0
0%
net assets
Total assets minus all liabilities
litus property ltd company details
company number
08580943
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
June 2013
age
12
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
June 2023
previous names
N/A
accountant
-
auditor
-
address
17 duke street, formby, liverpool, L37 4AN
Bank
-
Legal Advisor
-
litus property 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 4 charges/mortgages relating to litus property ltd. Currently there are 0 open charges and 4 have been satisfied in the past.
litus property 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.
Click to start generating capital raising & share issue transactions for LITUS PROPERTY LTD. This can take several minutes, an email will notify you when this has completed.
litus property ltd Companies House Filings - See Documents
| date | description | view/download |
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