the little laundrette company ltd

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the little laundrette company ltd Company Information

Share THE LITTLE LAUNDRETTE COMPANY LTD

Company Number

08945404

Directors

Darren Ball

Shareholders

darren mitchell ball

julie ann russell

Group Structure

View All

Industry

Washing and (dry-)cleaning of textile and fur products

 

Registered Address

20 lowesmoor, worcester, WR1 2SG

the little laundrette company ltd Estimated Valuation

£16.4k

Pomanda estimates the enterprise value of THE LITTLE LAUNDRETTE COMPANY LTD at £16.4k based on a Turnover of £35.2k and 0.47x industry multiple (adjusted for size and gross margin).

the little laundrette company ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of THE LITTLE LAUNDRETTE COMPANY LTD at £0 based on an EBITDA of £-4.4k and a 2.49x industry multiple (adjusted for size and gross margin).

the little laundrette company ltd Estimated Valuation

£15k

Pomanda estimates the enterprise value of THE LITTLE LAUNDRETTE COMPANY LTD at £15k based on Net Assets of £6.2k and 2.41x industry multiple (adjusted for liquidity).

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The Little Laundrette Company Ltd Overview

The Little Laundrette Company Ltd is a live company located in worcester, WR1 2SG with a Companies House number of 08945404. It operates in the washing and (dry-)cleaning of textile and fur products sector, SIC Code 96010. Founded in March 2014, it's largest shareholder is darren mitchell ball with a 90% stake. The Little Laundrette Company Ltd is a established, micro sized company, Pomanda has estimated its turnover at £35.2k with declining growth in recent years.

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The Little Laundrette Company Ltd Health Check

Pomanda's financial health check has awarded The Little Laundrette Company Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

1 Strong

positive_score

2 Regular

positive_score

7 Weak

size

Size

annual sales of £35.2k, make it smaller than the average company (£532k)

£35.2k - The Little Laundrette Company Ltd

£532k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -21%, show it is growing at a slower rate (5.9%)

-21% - The Little Laundrette Company Ltd

5.9% - Industry AVG

production

Production

with a gross margin of 25.4%, this company has a higher cost of product (45.7%)

25.4% - The Little Laundrette Company Ltd

45.7% - Industry AVG

profitability

Profitability

an operating margin of -12.6% make it less profitable than the average company (6.3%)

-12.6% - The Little Laundrette Company Ltd

6.3% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (21)

1 - The Little Laundrette Company Ltd

21 - Industry AVG

paystructure

Pay Structure

on an average salary of £25.7k, the company has an equivalent pay structure (£25.7k)

£25.7k - The Little Laundrette Company Ltd

£25.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £35.2k, this is less efficient (£56.8k)

£35.2k - The Little Laundrette Company Ltd

£56.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 69 days, this is later than average (46 days)

69 days - The Little Laundrette Company Ltd

46 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 97 days, this is slower than average (31 days)

97 days - The Little Laundrette Company Ltd

31 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - The Little Laundrette Company Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - The Little Laundrette Company Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 53%, this is a similar level of debt than the average (55.6%)

53% - The Little Laundrette Company Ltd

55.6% - Industry AVG

THE LITTLE LAUNDRETTE COMPANY LTD financials

EXPORTms excel logo

The Little Laundrette Company Ltd's latest turnover from August 2023 is estimated at £35.2 thousand and the company has net assets of £6.2 thousand. According to their latest financial statements, The Little Laundrette Company Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014
Turnover35,15226,24842,48270,82533,11773,587137,79699,13051,2700
Other Income Or Grants0000000000
Cost Of Sales26,21520,98241,44352,50323,96951,03998,20463,10633,8620
Gross Profit8,9375,2661,03918,3229,14722,54939,59236,02517,4080
Admin Expenses13,383960-2,47719,9503,42219,36038,19331,98323,0730
Operating Profit-4,4464,3063,516-1,6285,7253,1891,3994,042-5,6650
Interest Payable0000000000
Interest Receivable000000010190
Pre-Tax Profit-4,4464,3063,516-1,6285,7253,1891,3994,051-5,6460
Tax0-818-6680-1,088-606-266-81000
Profit After Tax-4,4463,4882,848-1,6284,6372,5831,1333,241-5,6460
Dividends Paid0000000000
Retained Profit-4,4463,4882,848-1,6284,6372,5831,1333,241-5,6460
Employee Costs25,71919,71720,16218,80420,98541,78558,58638,95119,6400
Number Of Employees1111123210
EBITDA*-4,4464,3063,516-1,6285,7253,1891,3994,0423,6760

* Earnings Before Interest, Tax, Depreciation and Amortisation

Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014
Tangible Assets5,1656,8869,18212,24315,30419,13023,91329,89137,3640
Intangible Assets0000000000
Investments & Other0000000000
Debtors (Due After 1 year)0000000000
Total Fixed Assets5,1656,8869,18212,24315,30419,13023,91329,89137,3640
Stock & work in progress000000002500
Trade Debtors6,7096,0839,51417,9505,12613,19127,34017,49100
Group Debtors0000000000
Misc Debtors1,3441,08442538756200000
Cash000000007,6960
misc current assets000005280000
total current assets8,0537,1679,93918,3375,68813,71927,34017,4917,9460
total assets13,21814,05319,12130,58020,99232,84951,25347,38245,3100
Bank overdraft0000000000
Bank loan0000000000
Trade Creditors 7,0083,39711,95326,26015,04431,53852,52549,78750,9460
Group/Directors Accounts0000000000
other short term finances0000000000
hp & lease commitments0000000000
other current liabilities0000000000
total current liabilities7,0083,39711,95326,26015,04431,53852,52549,78750,9460
loans0000000000
hp & lease commitments0000000000
Accruals and Deferred Income0000000000
other liabilities0000000000
provisions0000000000
total long term liabilities0000000000
total liabilities7,0083,39711,95326,26015,04431,53852,52549,78750,9460
net assets6,21010,6567,1684,3205,9481,311-1,272-2,405-5,6360
total shareholders funds6,21010,6567,1684,3205,9481,311-1,272-2,405-5,6360
Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014
Operating Activities
Operating Profit-4,4464,3063,516-1,6285,7253,1891,3994,042-5,6650
Depreciation000000009,3410
Amortisation0000000000
Tax0-818-6680-1,088-606-266-81000
Stock0000000-2502500
Debtors886-2,772-8,39812,649-7,503-14,1499,84917,49100
Creditors3,611-8,556-14,30711,216-16,494-20,9872,738-1,15950,9460
Accruals and Deferred Income0000000000
Deferred Taxes & Provisions0000000000
Cash flow from operations-1,721-2,296-3,061-3,061-4,354-4,255-5,978-15,16854,3720
Investing Activities
capital expenditure1,7212,2963,0613,0613,8264,7835,9787,473-46,7050
Change in Investments0000000000
cash flow from investments1,7212,2963,0613,0613,8264,7835,9787,473-46,7050
Financing Activities
Bank loans0000000000
Group/Directors Accounts0000000000
Other Short Term Loans 0000000000
Long term loans0000000000
Hire Purchase and Lease Commitments0000000000
other long term liabilities0000000000
share issue0000000-10100
interest000000010190
cash flow from financing00000000290
cash and cash equivalents
cash0000000-7,6967,6960
overdraft0000000000
change in cash0000000-7,6967,6960

the little laundrette company 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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The Little Laundrette Company Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for the little laundrette company ltd by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other micro companies, companies in WR1 area or any other competitors across 12 key performance metrics.

the little laundrette company ltd Ownership

THE LITTLE LAUNDRETTE COMPANY LTD group structure

The Little Laundrette Company Ltd has no subsidiary companies.

Ultimate parent company

THE LITTLE LAUNDRETTE COMPANY LTD

08945404

THE LITTLE LAUNDRETTE COMPANY LTD Shareholders

darren mitchell ball 90%
julie ann russell 10%

the little laundrette company ltd directors

The Little Laundrette Company Ltd currently has 1 director, Mr Darren Ball serving since Mar 2014.

officercountryagestartendrole
Mr Darren BallUnited Kingdom60 years Mar 2014- Director

P&L

August 2023

turnover

35.2k

+34%

operating profit

-4.4k

0%

gross margin

25.5%

+26.71%

turnover

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

Balance Sheet

August 2023

net assets

6.2k

-0.42%

total assets

13.2k

-0.06%

cash

0

0%

net assets

Total assets minus all liabilities

the little laundrette company ltd company details

company number

08945404

Type

Private limited with Share Capital

industry

96010 - Washing and (dry-)cleaning of textile and fur products

incorporation date

March 2014

age

11

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

August 2023

previous names

N/A

accountant

-

auditor

-

address

20 lowesmoor, worcester, WR1 2SG

Bank

-

Legal Advisor

-

the little laundrette company 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 the little laundrette company ltd.

the little laundrette company 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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the little laundrette company ltd Companies House Filings - See Documents

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