lapo retail limited
lapo retail limited Company Information
Company Number
08688922
Website
-Registered Address
c/o jt maxwell limited 169, union street, oldham, united kingdom, OL1 1TD
Industry
Postal activities under universal service obligation
Telephone
-
Next Accounts Due
52 days late
Group Structure
View All
Directors
David Andrews6 Years
Shareholders
andrew crabb 50%
david andrews 50%
lapo retail limited Estimated Valuation
Pomanda estimates the enterprise value of LAPO RETAIL LIMITED at £31.5k based on a Turnover of £136.9k and 0.23x industry multiple (adjusted for size and gross margin).
lapo retail limited Estimated Valuation
Pomanda estimates the enterprise value of LAPO RETAIL LIMITED at £43.3k based on an EBITDA of £25.4k and a 1.71x industry multiple (adjusted for size and gross margin).
lapo retail limited Estimated Valuation
Pomanda estimates the enterprise value of LAPO RETAIL LIMITED at £0 based on Net Assets of £-26.9k and 2.81x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Lapo Retail Limited Overview
Lapo Retail Limited is a live company located in oldham, OL1 1TD with a Companies House number of 08688922. It operates in the postal activities under universal service obligation sector, SIC Code 53100. Founded in September 2013, it's largest shareholder is andrew crabb with a 50% stake. Lapo Retail Limited is a established, micro sized company, Pomanda has estimated its turnover at £136.9k with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Lapo Retail Limited Health Check
Pomanda's financial health check has awarded Lapo Retail Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
4 Regular
6 Weak
Size
annual sales of £136.9k, make it smaller than the average company (£309k)
- Lapo Retail Limited
£309k - Industry AVG
Growth
3 year (CAGR) sales growth of -35%, show it is growing at a slower rate (12.2%)
- Lapo Retail Limited
12.2% - Industry AVG
Production
with a gross margin of 20%, this company has a comparable cost of product (20%)
- Lapo Retail Limited
20% - Industry AVG
Profitability
an operating margin of 0.3% make it less profitable than the average company (1.7%)
- Lapo Retail Limited
1.7% - Industry AVG
Employees
with 8 employees, this is similar to the industry average (9)
8 - Lapo Retail Limited
9 - Industry AVG
Pay Structure
on an average salary of £41.5k, the company has an equivalent pay structure (£41.5k)
- Lapo Retail Limited
£41.5k - Industry AVG
Efficiency
resulting in sales per employee of £17.1k, this is less efficient (£69.5k)
- Lapo Retail Limited
£69.5k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (38 days)
- Lapo Retail Limited
38 days - Industry AVG
Creditor Days
its suppliers are paid after 13 days, this is close to average (13 days)
- Lapo Retail Limited
13 days - Industry AVG
Stock Days
it holds stock equivalent to 19 days, this is less than average (27 days)
- Lapo Retail Limited
27 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (15 weeks)
1 weeks - Lapo Retail Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 134.3%, this is a higher level of debt than the average (81.1%)
134.3% - Lapo Retail Limited
81.1% - Industry AVG
LAPO RETAIL LIMITED financials
Lapo Retail Limited's latest turnover from November 2022 is estimated at £136.9 thousand and the company has net assets of -£26.9 thousand. According to their latest financial statements, Lapo Retail Limited has 8 employees and maintains cash reserves of £1.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 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 | 8 | 9 | 8 | 6 | 6 | 9 | 9 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 37,396 | 33,374 | 38,452 | 34,941 | 12,950 | 11,236 | 13,654 | 16,441 | 19,455 |
| Intangible Assets | 12,500 | 25,000 | 37,500 | 50,000 | 62,500 | 75,000 | 87,500 | 100,000 | 112,500 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 49,896 | 58,374 | 75,952 | 84,941 | 75,450 | 86,236 | 101,154 | 116,441 | 131,955 |
| Stock & work in progress | 5,834 | 6,111 | 7,182 | 6,812 | 6,132 | 5,406 | 5,672 | 13,550 | 8,601 |
| Trade Debtors | 160 | 349 | 1,654 | 196 | 87 | 45 | 123 | 2,132 | 1,057 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 20,776 | 2,329 | 6,882 | 4,714 | 0 | 0 | 79 | 0 | 0 |
| Cash | 1,912 | 8,230 | 12,070 | 6,016 | 5,509 | 3,577 | 1,105 | 2,255 | 8,092 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 28,682 | 17,019 | 27,788 | 17,738 | 11,728 | 9,028 | 6,979 | 17,937 | 17,750 |
| total assets | 78,578 | 75,393 | 103,740 | 102,679 | 87,178 | 95,264 | 108,133 | 134,378 | 149,705 |
| Bank overdraft | 17,599 | 17,600 | 13,088 | 10,000 | 10,000 | 12,267 | 10,000 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 4,195 | 6,495 | 10,339 | 6,773 | 5,833 | 3,900 | 10,696 | 70,122 | 67,970 |
| Group/Directors Accounts | 0 | 0 | 0 | 32,256 | 31,102 | 43,791 | 23,040 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 54,737 | 39,913 | 35,687 | 16,995 | 15,292 | 15,965 | 18,150 | 0 | 0 |
| total current liabilities | 76,531 | 64,008 | 59,114 | 66,024 | 62,227 | 75,923 | 61,886 | 70,122 | 67,970 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 40,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 28,966 | 37,233 | 54,978 | 53,531 | 40,000 | 50,000 | 60,000 | 70,833 | 40,000 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 2,844 | 2,423 | 2,862 |
| total long term liabilities | 28,966 | 37,233 | 54,978 | 53,531 | 40,000 | 50,000 | 62,844 | 73,256 | 82,862 |
| total liabilities | 105,497 | 101,241 | 114,092 | 119,555 | 102,227 | 125,923 | 124,730 | 143,378 | 150,832 |
| net assets | -26,919 | -25,848 | -10,352 | -16,876 | -15,049 | -30,659 | -16,597 | -9,000 | -1,127 |
| total shareholders funds | -26,919 | -25,848 | -10,352 | -16,876 | -15,049 | -30,659 | -16,597 | -9,000 | -1,127 |
| Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 12,500 | 9,234 | 9,430 | 10,118 | 2,573 | 2,418 | 2,787 | 3,228 | 7,638 |
| Amortisation | 12,500 | 12,500 | 12,500 | 12,500 | 12,500 | 12,500 | 12,500 | 12,500 | 12,500 |
| Tax | |||||||||
| Stock | -277 | -1,071 | 370 | 680 | 726 | -266 | -7,878 | 4,949 | 8,601 |
| Debtors | 18,258 | -5,858 | 3,626 | 4,823 | 42 | -157 | -1,930 | 1,075 | 1,057 |
| Creditors | -2,300 | -3,844 | 3,566 | 940 | 1,933 | -6,796 | -59,426 | 2,152 | 67,970 |
| Accruals and Deferred Income | 14,824 | 4,226 | 18,692 | 1,703 | -673 | -2,185 | 18,150 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | -2,844 | 421 | -439 | 2,862 |
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | -32,256 | 1,154 | -12,689 | 20,751 | 23,040 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -40,000 | 40,000 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -8,267 | -17,745 | 1,447 | 13,531 | -10,000 | -10,000 | -10,833 | 30,833 | 40,000 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | -6,318 | -3,840 | 6,054 | 507 | 1,932 | 2,472 | -1,150 | -5,837 | 8,092 |
| overdraft | -1 | 4,512 | 3,088 | 0 | -2,267 | 2,267 | 10,000 | 0 | 0 |
| change in cash | -6,317 | -8,352 | 2,966 | 507 | 4,199 | 205 | -11,150 | -5,837 | 8,092 |
lapo retail limited Credit Report and Business Information
Lapo Retail Limited Competitor Analysis
Perform a competitor analysis for lapo retail limited by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other micro companies, companies in OL1 area or any other competitors across 12 key performance metrics.
lapo retail limited Ownership
LAPO RETAIL LIMITED group structure
Lapo Retail Limited has no subsidiary companies.
Ultimate parent company
LAPO RETAIL LIMITED
08688922
lapo retail limited directors
Lapo Retail Limited currently has 1 director, Mr David Andrews serving since Aug 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Andrews | United Kingdom | 49 years | Aug 2018 | - | Director |
P&L
November 2022turnover
136.9k
-43%
operating profit
360.8
0%
gross margin
20.1%
-31.17%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2022net assets
-26.9k
+0.04%
total assets
78.6k
+0.04%
cash
1.9k
-0.77%
net assets
Total assets minus all liabilities
lapo retail limited company details
company number
08688922
Type
Private limited with Share Capital
industry
53100 - Postal activities under universal service obligation
incorporation date
September 2013
age
11
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
November 2022
previous names
N/A
accountant
-
auditor
-
address
c/o jt maxwell limited 169, union street, oldham, united kingdom, OL1 1TD
Bank
-
Legal Advisor
-
lapo retail 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 did not find charges/mortgages relating to lapo retail limited.
lapo retail limited Companies House Filings - See Documents
| date | description | view/download |
|---|
