letts solutions ltd

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letts solutions ltd Company Information

Share LETTS SOLUTIONS LTD

Company Number

08804426

Directors

Oliver Nolan

Shareholders

opera capital limited

Group Structure

View All

Industry

Non-trading company

 

Registered Address

suit 3, unit a39 kent road, bridgend industrial estate, bridgend, CF31 3TU

letts solutions ltd Estimated Valuation

£85.5k

Pomanda estimates the enterprise value of LETTS SOLUTIONS LTD at £85.5k based on a Turnover of £154.4k and 0.55x industry multiple (adjusted for size and gross margin).

letts solutions ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of LETTS SOLUTIONS LTD at £0 based on an EBITDA of £0 and a 4.38x industry multiple (adjusted for size and gross margin).

letts solutions ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of LETTS SOLUTIONS LTD at £0 based on Net Assets of £0 and 1.31x industry multiple (adjusted for liquidity).

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Letts Solutions Ltd Overview

Letts Solutions Ltd is a live company located in bridgend, CF31 3TU with a Companies House number of 08804426. It operates in the non-trading company sector, SIC Code 74990. Founded in December 2013, it's largest shareholder is opera capital limited with a 100% stake. Letts Solutions Ltd is a established, micro sized company, Pomanda has estimated its turnover at £154.4k with healthy growth in recent years.

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Letts Solutions Ltd Health Check

Pomanda's financial health check has awarded Letts Solutions Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

0 Strong

positive_score

3 Regular

positive_score

5 Weak

size

Size

annual sales of £154.4k, make it smaller than the average company (£3.8m)

£154.4k - Letts Solutions Ltd

£3.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 4%, show it is growing at a slower rate (5.9%)

4% - Letts Solutions Ltd

5.9% - Industry AVG

production

Production

with a gross margin of 36.1%, this company has a comparable cost of product (36.1%)

36.1% - Letts Solutions Ltd

36.1% - Industry AVG

profitability

Profitability

an operating margin of 0% make it less profitable than the average company (4.9%)

0% - Letts Solutions Ltd

4.9% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (41)

1 - Letts Solutions Ltd

41 - Industry AVG

paystructure

Pay Structure

on an average salary of £42.5k, the company has an equivalent pay structure (£42.5k)

£42.5k - Letts Solutions Ltd

£42.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £154.4k, this is equally as efficient (£154.4k)

£154.4k - Letts Solutions Ltd

£154.4k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Letts Solutions Ltd

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Letts Solutions Ltd

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Letts Solutions Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Letts Solutions Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 100%, this is a higher level of debt than the average (47.9%)

100% - Letts Solutions Ltd

47.9% - Industry AVG

LETTS SOLUTIONS LTD financials

EXPORTms excel logo

Letts Solutions Ltd's latest turnover from December 2023 is estimated at £154.4 thousand and the company has net assets of 0. According to their latest financial statements, Letts Solutions Ltd has 1 employee and maintains cash reserves of £1 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014
Turnover154,413150,130138,050136,092142,304
Other Income Or Grants
Cost Of Sales98,62998,54794,66892,08095,634
Gross Profit55,78451,58343,38244,01346,670
Admin Expenses55,78451,58343,38244,01346,671-1
Operating Profit-11
Interest Payable
Interest Receivable
Pre-Tax Profit-11
Tax
Profit After Tax-11
Dividends Paid
Retained Profit-11
Employee Costs42,45040,46438,23537,66337,419
Number Of Employees11111
EBITDA*-11

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014
Tangible Assets
Intangible Assets
Investments & Other111
Debtors (Due After 1 year)
Total Fixed Assets111
Stock & work in progress
Trade Debtors
Group Debtors
Misc Debtors
Cash111111
misc current assets
total current assets111111
total assets111111111
Bank overdraft
Bank loan
Trade Creditors
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions1
total long term liabilities1
total liabilities1
net assets11111111
total shareholders funds11111111
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014
Operating Activities
Operating Profit-11
Depreciation
Amortisation
Tax
Stock
Debtors
Creditors
Accruals and Deferred Income
Deferred Taxes & Provisions1
Cash flow from operations1-11
Investing Activities
capital expenditure
Change in Investments-11
cash flow from investments1-1
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue-11-11
interest
cash flow from financing-11-11
cash and cash equivalents
cash1-11
overdraft
change in cash1-11

letts solutions ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Letts Solutions Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for letts solutions ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in CF31 area or any other competitors across 12 key performance metrics.

letts solutions ltd Ownership

LETTS SOLUTIONS LTD group structure

Letts Solutions Ltd has no subsidiary companies.

Ultimate parent company

LETTS SOLUTIONS LTD

08804426

LETTS SOLUTIONS LTD Shareholders

opera capital limited 100%

letts solutions ltd directors

Letts Solutions Ltd currently has 1 director, Mr Oliver Nolan serving since Dec 2021.

officercountryagestartendrole
Mr Oliver NolanIreland49 years Dec 2021- Director

P&L

December 2023

turnover

154.4k

+3%

operating profit

-0.1

0%

gross margin

36.2%

+5.15%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

0

-1%

total assets

1

0%

cash

1

0%

net assets

Total assets minus all liabilities

letts solutions ltd company details

company number

08804426

Type

Private limited with Share Capital

industry

74990 - Non-trading company

incorporation date

December 2013

age

12

incorporated

UK

ultimate parent company

None

accounts

Small Company

last accounts submitted

December 2023

previous names

nolan transport (uk) limited (October 2016)

afstone limited (February 2016)

accountant

-

auditor

MK BRAZIL

address

suit 3, unit a39 kent road, bridgend industrial estate, bridgend, CF31 3TU

Bank

-

Legal Advisor

-

letts solutions 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 did not find charges/mortgages relating to letts solutions ltd.

letts solutions 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.

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letts solutions ltd Companies House Filings - See Documents

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