Pomanda estimates the enterprise value of LOTUS CONVENIENCE LIMITED at £169.4k based on a Turnover of £650.3k and 0.26x industry multiple (adjusted for size and gross margin).
lotus convenience limitedEstimated Valuation
£35.8k
Pomanda estimates the enterprise value of LOTUS CONVENIENCE LIMITED at £35.8k based on an EBITDA of £12.2k and a 2.95x industry multiple (adjusted for size and gross margin).
lotus convenience limitedEstimated Valuation
£375.7k
Pomanda estimates the enterprise value of LOTUS CONVENIENCE LIMITED at £375.7k based on Net Assets of £146k and 2.57x industry multiple (adjusted for liquidity).
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Lotus Convenience LimitedOverview
Lotus Convenience Limited is a live company located in romford, RM6 6YU with a Companies House number of 08876155. It operates in the retail sale in non-specialised stores with food, beverages or tobacco predominating sector, SIC Code 47110. Founded in February 2014, it's largest shareholder is
alpeshkumar patel
with a 50% stake. Lotus Convenience Limited is a established,
small sized company, Pomanda has estimated its turnover at
£650.3k with
declining
growth in recent years.
Pomanda's financial health check has awarded Lotus Convenience Limited 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 £650.3k, make it smaller than the average company (£2.9m)
£650.3k - Lotus Convenience Limited
£2.9m - Industry AVG
Growth
3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (6.2%)
-2% - Lotus Convenience Limited
6.2% - Industry AVG
Production
with a gross margin of 16.9%, this company has a higher cost of product (23.4%)
16.9% - Lotus Convenience Limited
23.4% - Industry AVG
Profitability
an operating margin of 1.9% make it less profitable than the average company (3.3%)
1.9% - Lotus Convenience Limited
3.3% - Industry AVG
Employees
with 5 employees, this is below the industry average (25)
5 - Lotus Convenience Limited
25 - Industry AVG
Pay Structure
on an average salary of £17.5k, the company has an equivalent pay structure (£17.5k)
£17.5k - Lotus Convenience Limited
£17.5k - Industry AVG
Efficiency
resulting in sales per employee of £130.1k, this is equally as efficient (£128.8k)
£130.1k - Lotus Convenience Limited
£128.8k - Industry AVG
Debtor Days
it gets paid by customers after 69 days, this is later than average (5 days)
69 days - Lotus Convenience Limited
5 days - Industry AVG
Creditor Days
its suppliers are paid after 28 days, this is close to average (30 days)
28 days - Lotus Convenience Limited
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Lotus Convenience Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Lotus Convenience Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 31.4%, this is a lower level of debt than the average (65.1%)
31.4% - Lotus Convenience Limited
65.1% - Industry AVG
LOTUS CONVENIENCE LIMITED financials
EXPORT
Lotus Convenience Limited's latest turnover from February 2024 is estimated at £650.3 thousand and the company has net assets of £146 thousand. According to their latest financial statements, Lotus Convenience Limited has 5 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Feb 2024
Feb 2023
Feb 2022
Feb 2021
Feb 2020
Feb 2019
Feb 2018
Feb 2017
Feb 2016
Feb 2015
Turnover
650,257
574,963
508,589
685,436
629,001
766,212
1,689,100
2,201,046
835,766
633,538
Other Income Or Grants
Cost Of Sales
540,463
475,679
418,751
573,429
523,612
646,051
1,410,967
1,828,878
700,097
537,103
Gross Profit
109,794
99,284
89,839
112,007
105,389
120,162
278,133
372,168
135,670
96,434
Admin Expenses
97,638
116,170
87,924
97,382
107,158
62,625
254,508
340,744
96,983
70,789
Operating Profit
12,156
-16,886
1,915
14,625
-1,769
57,537
23,625
31,424
38,687
25,645
Interest Payable
Interest Receivable
1
7
6
Pre-Tax Profit
12,156
-16,886
1,915
14,625
-1,769
57,537
23,625
31,425
38,694
25,651
Tax
-3,039
-364
-2,779
-10,932
-4,489
-6,285
-7,739
-5,387
Profit After Tax
9,117
-16,886
1,551
11,846
-1,769
46,605
19,136
25,140
30,955
20,264
Dividends Paid
Retained Profit
9,117
-16,886
1,551
11,846
-1,769
46,605
19,136
25,140
30,955
20,264
Employee Costs
87,732
102,959
66,822
46,474
33,286
84,155
158,673
205,274
81,463
51,917
Number Of Employees
5
6
4
3
2
5
10
14
6
4
EBITDA*
12,156
-16,886
1,915
14,625
-1,769
57,537
23,625
31,424
40,938
28,460
* Earnings Before Interest, Tax, Depreciation and Amortisation
Feb 2024
Feb 2023
Feb 2022
Feb 2021
Feb 2020
Feb 2019
Feb 2018
Feb 2017
Feb 2016
Feb 2015
Tangible Assets
84,275
68,727
68,655
69,111
68,691
69,614
70,766
72,207
74,009
76,260
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
84,275
68,727
68,655
69,111
68,691
69,614
70,766
72,207
74,009
76,260
Stock & work in progress
103,215
64,215
Trade Debtors
124,577
131,322
154,084
165,615
133,970
123,092
168,157
140,460
Group Debtors
Misc Debtors
4,031
2,750
2,879
Cash
523
2,246
misc current assets
total current assets
128,608
134,072
156,963
165,615
133,970
123,092
168,157
140,460
103,738
66,461
total assets
212,883
202,799
225,618
234,726
202,661
192,706
238,923
212,667
177,747
142,721
Bank overdraft
Bank loan
Trade Creditors
41,849
30,775
29,876
82,549
62,330
50,606
143,428
136,308
126,527
122,456
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
41,849
30,775
29,876
82,549
62,330
50,606
143,428
136,308
126,527
122,456
loans
hp & lease commitments
Accruals and Deferred Income
2,900
2,900
other liabilities
22,175
32,282
42,014
provisions
total long term liabilities
25,075
35,182
42,014
total liabilities
66,924
65,957
71,890
82,549
62,330
50,606
143,428
136,308
126,527
122,456
net assets
145,959
136,842
153,728
152,177
140,331
142,100
95,495
76,359
51,220
20,265
total shareholders funds
145,959
136,842
153,728
152,177
140,331
142,100
95,495
76,359
51,220
20,265
Feb 2024
Feb 2023
Feb 2022
Feb 2021
Feb 2020
Feb 2019
Feb 2018
Feb 2017
Feb 2016
Feb 2015
Operating Activities
Operating Profit
12,156
-16,886
1,915
14,625
-1,769
57,537
23,625
31,424
38,687
25,645
Depreciation
2,251
2,815
Amortisation
Tax
-3,039
-364
-2,779
-10,932
-4,489
-6,285
-7,739
-5,387
Stock
-103,215
39,000
64,215
Debtors
-5,464
-22,891
-8,652
31,645
10,878
-45,065
27,697
140,460
Creditors
11,074
899
-52,673
20,219
11,724
-92,822
7,120
9,781
4,071
122,456
Accruals and Deferred Income
2,900
Deferred Taxes & Provisions
Cash flow from operations
25,655
9,804
-42,470
420
-923
-1,152
-1,441
-2,325
-1,730
81,314
Investing Activities
capital expenditure
-15,548
-72
456
-420
923
1,152
1,441
1,802
-79,075
Change in Investments
cash flow from investments
-15,548
-72
456
-420
923
1,152
1,441
1,802
-79,075
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-10,107
-9,732
42,014
share issue
-1
1
interest
1
7
6
cash flow from financing
-10,107
-9,732
42,014
7
7
cash and cash equivalents
cash
-523
-1,723
2,246
overdraft
change in cash
-523
-1,723
2,246
lotus convenience limited 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 lotus convenience limited. Get real-time insights into lotus convenience limited's credit score, group structure and payment trends.
Perform a competitor analysis for lotus convenience limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in RM6 area or any other competitors across 12 key performance metrics.
lotus convenience limited Ownership
LOTUS CONVENIENCE LIMITED group structure
Lotus Convenience Limited has no subsidiary companies.
Ultimate parent company
LOTUS CONVENIENCE LIMITED
08876155
LOTUS CONVENIENCE LIMITED Shareholders
The largest shareholders in Lotus Convenience Limited include Alpeshkumar Patel and Bijal Alpeshkumar Patel.
alpeshkumar patel
50%
bijal alpeshkumar patel
50%
lotus convenience limited directors
Lotus Convenience Limited currently has 1 director, Alpeshkumar Patel serving since Feb 2014.
47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating
incorporation date
February 2014
age
11
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
February 2024
previous names
N/A
accountant
-
auditor
-
address
8-9 tolworth parade, east road chadwell heath, romford, RM6 6YU
Bank
-
Legal Advisor
-
lotus convenience 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 lotus convenience limited.
lotus convenience limited 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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lotus convenience limitedCompanies House Filings - See Documents
