
Group Structure
View All
Industry
Non-trading company
Registered Address
suit 3, unit a39 kent road, bridgend industrial estate, bridgend, CF31 3TU
Website
lettslet.co.ukPomanda 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).
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).
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 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.
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
0 Strong
3 Regular
5 Weak
Size
annual sales of £154.4k, make it smaller than the average company (£3.8m)
- Letts Solutions Ltd
£3.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 4%, show it is growing at a slower rate (5.9%)
- Letts Solutions Ltd
5.9% - Industry AVG
Production
with a gross margin of 36.1%, this company has a comparable cost of product (36.1%)
- Letts Solutions Ltd
36.1% - Industry AVG
Profitability
an operating margin of 0% make it less profitable than the average company (4.9%)
- Letts Solutions Ltd
4.9% - Industry AVG
Employees
with 1 employees, this is below the industry average (41)
1 - Letts Solutions Ltd
41 - Industry AVG
Pay Structure
on an average salary of £42.5k, the company has an equivalent pay structure (£42.5k)
- Letts Solutions Ltd
£42.5k - Industry AVG
Efficiency
resulting in sales per employee of £154.4k, this is equally as efficient (£154.4k)
- Letts Solutions Ltd
£154.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Letts Solutions Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Letts Solutions Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Letts Solutions Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Letts Solutions Ltd
- - Industry AVG
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'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 House, Pomanda Estimates
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
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Turnover | ||||||||||
Other Income Or Grants | ||||||||||
Cost Of Sales | ||||||||||
Gross Profit | ||||||||||
Admin Expenses | ||||||||||
Operating Profit | ||||||||||
Interest Payable | ||||||||||
Interest Receivable | ||||||||||
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Tax | ||||||||||
Profit After Tax | ||||||||||
Dividends Paid | ||||||||||
Retained Profit | ||||||||||
Employee Costs | ||||||||||
Number Of Employees | 1 | 1 | 1 | 1 | 1 | |||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | ||||||||||
Intangible Assets | ||||||||||
Investments & Other | 1 | 1 | 1 | |||||||
Debtors (Due After 1 year) | ||||||||||
Total Fixed Assets | 1 | 1 | 1 | |||||||
Stock & work in progress | ||||||||||
Trade Debtors | ||||||||||
Group Debtors | ||||||||||
Misc Debtors | ||||||||||
Cash | 1 | 1 | 1 | 1 | 1 | 1 | ||||
misc current assets | ||||||||||
total current assets | 1 | 1 | 1 | 1 | 1 | 1 | ||||
total assets | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |
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 | ||||||||||
provisions | 1 | |||||||||
total long term liabilities | 1 | |||||||||
total liabilities | 1 | |||||||||
net assets | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | ||
total shareholders funds | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
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Operating Activities | ||||||||||
Operating Profit | ||||||||||
Depreciation | ||||||||||
Amortisation | ||||||||||
Tax | ||||||||||
Stock | ||||||||||
Debtors | ||||||||||
Creditors | ||||||||||
Accruals and Deferred Income | ||||||||||
Deferred Taxes & Provisions | 1 | |||||||||
Cash flow from operations | ||||||||||
Investing Activities | ||||||||||
capital expenditure | ||||||||||
Change in Investments | -1 | 1 | ||||||||
cash flow from investments | ||||||||||
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 | ||||||||||
interest | ||||||||||
cash flow from financing | ||||||||||
cash and cash equivalents | ||||||||||
cash | 1 | -1 | 1 | |||||||
overdraft | ||||||||||
change in cash | 1 | -1 | 1 |
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 group structure
Letts Solutions Ltd has no subsidiary companies.
Ultimate parent company
LETTS SOLUTIONS LTD
08804426
Letts Solutions Ltd currently has 1 director, Mr Oliver Nolan serving since Dec 2021.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Oliver Nolan | Ireland | 49 years | Dec 2021 | - | Director |
P&L
December 2023turnover
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 2023net assets
0
-1%
total assets
1
0%
cash
1
0%
net assets
Total assets minus all liabilities
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
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
-
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.
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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