Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Registered Address
1417/1419 london road, london, SW16 4AH
Website
-
lar development ltdEstimated Valuation
£1.7m
Pomanda estimates the enterprise value of LAR DEVELOPMENT LTD at £1.7m based on a Turnover of £716.6k and 2.33x industry multiple (adjusted for size and gross margin).
lar development ltdEstimated Valuation
£18.3k
Pomanda estimates the enterprise value of LAR DEVELOPMENT LTD at £18.3k based on an EBITDA of £4k and a 4.53x industry multiple (adjusted for size and gross margin).
lar development ltdEstimated Valuation
£684.3k
Pomanda estimates the enterprise value of LAR DEVELOPMENT LTD at £684.3k based on Net Assets of £406.6k and 1.68x industry multiple (adjusted for liquidity).
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Lar Development LtdOverview
Lar Development Ltd is a live company located in london, SW16 4AH with a Companies House number of 08604351. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in July 2013, it's largest shareholder is
carrodina investments ltd
with a 50% stake. Lar Development Ltd is a established,
small sized company, Pomanda has estimated its turnover at
£716.6k with
declining
growth in recent years.
Pomanda's financial health check has awarded Lar Development Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
1 Strong
3 Regular
6 Weak
Size
annual sales of £716.6k, make it in line with the average company (£823.5k)
£716.6k - Lar Development Ltd
£823.5k - Industry AVG
Growth
3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (2.4%)
-2% - Lar Development Ltd
2.4% - Industry AVG
Production
with a gross margin of 29.8%, this company has a higher cost of product (72.9%)
29.8% - Lar Development Ltd
72.9% - Industry AVG
Profitability
an operating margin of 0.6% make it less profitable than the average company (25.9%)
0.6% - Lar Development Ltd
25.9% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Lar Development Ltd
4 - Industry AVG
Pay Structure
on an average salary of £31.2k, the company has an equivalent pay structure (£31.2k)
£31.2k - Lar Development Ltd
£31.2k - Industry AVG
Efficiency
resulting in sales per employee of £716.6k, this is more efficient (£175.7k)
£716.6k - Lar Development Ltd
£175.7k - Industry AVG
Debtor Days
it gets paid by customers after 139 days, this is later than average (32 days)
139 days - Lar Development Ltd
32 days - Industry AVG
Creditor Days
its suppliers are paid after 13 days, this is quicker than average (35 days)
13 days - Lar Development Ltd
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Lar Development Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Lar Development Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 61.6%, this is a similar level of debt than the average (68.1%)
61.6% - Lar Development Ltd
68.1% - Industry AVG
LAR DEVELOPMENT LTD financials
EXPORT
Lar Development Ltd's latest turnover from July 2023 is estimated at £716.6 thousand and the company has net assets of £406.6 thousand. According to their latest financial statements, Lar Development Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jul 2023
Jul 2022
Jul 2021
Jul 2020
Jul 2019
Jul 2018
Jul 2017
Jul 2016
Jul 2015
Jul 2014
Turnover
716,620
727,116
691,063
755,475
33,538
4,463
6,273
1,380
Other Income Or Grants
Cost Of Sales
503,092
522,467
505,113
538,245
23,922
3,029
4,479
1,005
Gross Profit
213,528
204,649
185,949
217,230
9,616
1,435
1,794
375
Admin Expenses
209,487
190,411
175,755
-153,680
-21,945
-39,809
-28,834
-17,813
-15,804
-2,863
Operating Profit
4,041
14,238
10,194
370,910
31,561
39,809
28,834
19,248
17,598
3,238
Interest Payable
9,274
18,478
9,180
Interest Receivable
13
25
12
20
17
5
Pre-Tax Profit
4,041
14,238
10,194
370,910
22,299
21,356
19,665
19,268
17,615
3,243
Tax
-1,010
-2,705
-1,937
-70,473
-4,237
-4,058
-3,736
-3,853
-3,523
-681
Profit After Tax
3,031
11,533
8,257
300,437
18,062
17,298
15,929
15,414
14,092
2,562
Dividends Paid
Retained Profit
3,031
11,533
8,257
300,437
18,062
17,298
15,929
15,414
14,092
2,562
Employee Costs
31,195
30,311
27,657
27,611
28,263
26,250
26,357
25,200
Number Of Employees
1
1
1
1
1
1
1
1
EBITDA*
4,041
14,238
10,194
370,910
31,561
39,809
28,834
19,248
17,598
3,238
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jul 2023
Jul 2022
Jul 2021
Jul 2020
Jul 2019
Jul 2018
Jul 2017
Jul 2016
Jul 2015
Jul 2014
Tangible Assets
785,000
785,000
785,000
785,000
492,888
492,888
492,888
492,888
492,888
492,888
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
785,000
785,000
785,000
785,000
492,888
492,888
492,888
492,888
492,888
492,888
Stock & work in progress
Trade Debtors
274,204
275,359
267,226
263,254
4,141
Group Debtors
Misc Debtors
Cash
3,338
6,476
2,916
4,987
1,887
misc current assets
total current assets
274,204
275,359
267,226
263,254
4,141
3,338
6,476
2,916
4,987
1,887
total assets
1,059,204
1,060,359
1,052,226
1,048,254
497,029
496,226
499,364
495,804
497,875
494,775
Bank overdraft
Bank loan
Trade Creditors
18,359
17,765
14,476
12,105
12,044
5,033
5,233
1,041
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
9,597
11,060
total current liabilities
18,359
17,765
14,476
12,105
12,044
9,597
11,060
5,033
5,233
1,041
loans
274,796
293,769
hp & lease commitments
Accruals and Deferred Income
other liabilities
634,230
639,010
645,699
652,355
401,628
146,438
146,438
458,603
475,888
491,072
provisions
total long term liabilities
634,230
639,010
645,699
652,355
401,628
421,234
440,207
458,603
475,888
491,072
total liabilities
652,589
656,775
660,175
664,460
413,672
430,831
451,267
463,636
481,121
492,113
net assets
406,615
403,584
392,051
383,794
83,357
65,395
48,097
32,168
16,754
2,662
total shareholders funds
406,615
403,584
392,051
383,794
83,357
65,395
48,097
32,168
16,754
2,662
Jul 2023
Jul 2022
Jul 2021
Jul 2020
Jul 2019
Jul 2018
Jul 2017
Jul 2016
Jul 2015
Jul 2014
Operating Activities
Operating Profit
4,041
14,238
10,194
370,910
31,561
39,809
28,834
19,248
17,598
3,238
Depreciation
Amortisation
Tax
-1,010
-2,705
-1,937
-70,473
-4,237
-4,058
-3,736
-3,853
-3,523
-681
Stock
Debtors
-1,155
8,133
3,972
259,113
4,141
Creditors
594
3,289
2,371
61
12,044
-5,033
-200
4,192
1,041
Accruals and Deferred Income
-9,597
-1,463
11,060
Deferred Taxes & Provisions
Cash flow from operations
4,780
6,689
6,656
41,385
25,630
34,288
31,125
15,195
18,267
3,598
Investing Activities
capital expenditure
-292,112
-492,888
Change in Investments
cash flow from investments
-292,112
-492,888
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
-274,796
-18,973
293,769
Hire Purchase and Lease Commitments
other long term liabilities
-4,780
-6,689
-6,656
250,727
255,190
-312,165
-17,285
-15,184
491,072
share issue
-100
100
interest
-9,261
-18,453
-9,168
20
17
5
cash flow from financing
-4,780
-6,689
-6,656
250,727
-28,967
-37,426
-27,564
-17,265
-15,167
491,177
cash and cash equivalents
cash
-3,338
-3,138
3,560
-2,071
3,100
1,887
overdraft
change in cash
-3,338
-3,138
3,560
-2,071
3,100
1,887
lar development ltd 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 lar development ltd. Get real-time insights into lar development ltd's credit score, group structure and payment trends.
Perform a competitor analysis for lar development ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in SW16 area or any other competitors across 12 key performance metrics.
lar development ltd Ownership
LAR DEVELOPMENT LTD group structure
Lar Development Ltd has no subsidiary companies.
Ultimate parent company
LAR DEVELOPMENT LTD
08604351
LAR DEVELOPMENT LTD Shareholders
The largest shareholders in Lar Development Ltd include Carrodina Investments Ltd and Shujat Khan.
carrodina investments ltd
50%
shujat khan
50%
lar development ltd directors
Lar Development Ltd currently has 1 director, Mr Shujat Khan serving since Aug 2013.
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
July 2013
age
12
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
July 2023
previous names
N/A
accountant
-
auditor
-
address
1417/1419 london road, london, SW16 4AH
Bank
-
Legal Advisor
-
lar development 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 lar development ltd. Currently there are 2 open charges and 2 have been satisfied in the past.
lar development 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 LAR DEVELOPMENT LTD. This can take several minutes, an email will notify you when this has completed.
lar development ltdCompanies House Filings - See Documents
