laundrapp limited
laundrapp limited Company Information
Company Number
08971706
Next Accounts
1559 days late
Shareholders
dominic anthony charles perks
martin hughes
View AllGroup Structure
View All
Industry
Business and domestic software development
Registered Address
2nd floor 110 cannon street, london, EC4N 6EU
Website
laundrapp.comlaundrapp limited Estimated Valuation
Pomanda estimates the enterprise value of LAUNDRAPP LIMITED at £4.3m based on a Turnover of £4.5m and 0.95x industry multiple (adjusted for size and gross margin).
laundrapp limited Estimated Valuation
Pomanda estimates the enterprise value of LAUNDRAPP LIMITED at £0 based on an EBITDA of £-8m and a 5.83x industry multiple (adjusted for size and gross margin).
laundrapp limited Estimated Valuation
Pomanda estimates the enterprise value of LAUNDRAPP LIMITED at £0 based on Net Assets of £-556.7k and 2.38x industry multiple (adjusted for liquidity).
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Laundrapp Limited Overview
Laundrapp Limited is a live company located in london, EC4N 6EU with a Companies House number of 08971706. It operates in the business and domestic software development sector, SIC Code 62012. Founded in April 2014, it's largest shareholder is dominic anthony charles perks with a 10% stake. Laundrapp Limited is a established, small sized company, Pomanda has estimated its turnover at £4.5m with rapid growth in recent years.
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Laundrapp Limited Health Check
Pomanda's financial health check has awarded Laundrapp Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 2 areas for improvement. Company Health Check FAQs
8 Strong
2 Regular
2 Weak
Size
annual sales of £4.8m, make it larger than the average company (£1.3m)
- Laundrapp Limited
£1.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 212%, show it is growing at a faster rate (7.2%)
- Laundrapp Limited
7.2% - Industry AVG
Production
with a gross margin of 73.6%, this company has a comparable cost of product (73.6%)
- Laundrapp Limited
73.6% - Industry AVG
Profitability
an operating margin of -112.5% make it less profitable than the average company (4.9%)
- Laundrapp Limited
4.9% - Industry AVG
Employees
with 96 employees, this is above the industry average (36)
96 - Laundrapp Limited
36 - Industry AVG
Pay Structure
on an average salary of £58.8k, the company has an equivalent pay structure (£58.8k)
- Laundrapp Limited
£58.8k - Industry AVG
Efficiency
resulting in sales per employee of £50.4k, this is less efficient (£108.1k)
- Laundrapp Limited
£108.1k - Industry AVG
Debtor Days
it gets paid by customers after 18 days, this is earlier than average (66 days)
- Laundrapp Limited
66 days - Industry AVG
Creditor Days
its suppliers are paid after 142 days, this is slower than average (43 days)
- Laundrapp Limited
43 days - Industry AVG
Stock Days
it holds stock equivalent to 0 days, this is less than average (14 days)
- Laundrapp Limited
14 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 63 weeks, this is more cash available to meet short term requirements (20 weeks)
63 weeks - Laundrapp Limited
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 43.3%, this is a lower level of debt than the average (61.3%)
43.3% - Laundrapp Limited
61.3% - Industry AVG
LAUNDRAPP LIMITED financials
Laundrapp Limited's latest turnover from December 2018 is estimated at £4.5 million and the company has net assets of -£556.7 thousand. According to their latest financial statements, Laundrapp Limited has 96 employees and maintains cash reserves of £1.5 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2018 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | |
|---|---|---|---|---|---|
| Turnover | 158,712 | ||||
| Other Income Or Grants | |||||
| Cost Of Sales | |||||
| Gross Profit | |||||
| Admin Expenses | |||||
| Operating Profit | |||||
| Interest Payable | |||||
| Interest Receivable | |||||
| Pre-Tax Profit | -2,140,231 | ||||
| Tax | 57,148 | ||||
| Profit After Tax | -2,083,083 | ||||
| Dividends Paid | |||||
| Retained Profit | -2,083,083 | ||||
| Employee Costs | 241,407 | ||||
| Number Of Employees | 96 | 96 | 73 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2018 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | |
|---|---|---|---|---|---|
| Tangible Assets | 75,691 | 97,608 | 206,201 | 183,364 | 52,593 |
| Intangible Assets | 567,722 | 318,284 | 439,099 | 542,244 | 483,141 |
| Investments & Other | |||||
| Debtors (Due After 1 year) | |||||
| Total Fixed Assets | 643,413 | 415,892 | 645,300 | 725,608 | 535,734 |
| Stock & work in progress | 2,499 | 2,425 | 5,407 | 4,923 | 3,587 |
| Trade Debtors | 123,687 | 247,308 | 167,554 | 68,217 | 332,333 |
| Group Debtors | |||||
| Misc Debtors | 708,733 | 545,464 | 473,517 | 326,117 | |
| Cash | 1,462,599 | 1,362,701 | 1,495,738 | 3,594,352 | 2,845,438 |
| misc current assets | |||||
| total current assets | 2,297,518 | 2,157,898 | 2,142,216 | 3,993,609 | 3,181,358 |
| total assets | 2,940,931 | 2,573,790 | 2,787,516 | 4,719,217 | 3,717,092 |
| Bank overdraft | |||||
| Bank loan | |||||
| Trade Creditors | 343,934 | 496,525 | 236,704 | 160,941 | 180,387 |
| Group/Directors Accounts | |||||
| other short term finances | |||||
| hp & lease commitments | |||||
| other current liabilities | 713,671 | 619,083 | 1,244,711 | 777,546 | |
| total current liabilities | 1,057,605 | 1,115,608 | 1,481,415 | 938,487 | 180,387 |
| loans | 2,440,060 | ||||
| hp & lease commitments | |||||
| Accruals and Deferred Income | |||||
| other liabilities | |||||
| provisions | |||||
| total long term liabilities | 2,440,060 | ||||
| total liabilities | 3,497,665 | 1,115,608 | 1,481,415 | 938,487 | 180,387 |
| net assets | -556,734 | 1,458,182 | 1,306,101 | 3,780,730 | 3,536,705 |
| total shareholders funds | -556,734 | 1,458,182 | 1,306,101 | 3,780,730 | 3,536,705 |
| Dec 2018 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 27,103 | 70,313 | 76,340 | 49,864 | 3,336 |
| Amortisation | 243,785 | 472,258 | 355,109 | 271,122 | |
| Tax | 57,148 | ||||
| Stock | -2,908 | -2,982 | 484 | 1,336 | 3,587 |
| Debtors | 191,349 | 151,701 | 246,737 | 62,001 | 332,333 |
| Creditors | 107,230 | 259,821 | 75,763 | -19,446 | 180,387 |
| Accruals and Deferred Income | -531,040 | -625,628 | 467,165 | 777,546 | |
| Deferred Taxes & Provisions | |||||
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | |||||
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | |||||
| Group/Directors Accounts | |||||
| Other Short Term Loans | |||||
| Long term loans | 2,440,060 | ||||
| Hire Purchase and Lease Commitments | |||||
| other long term liabilities | |||||
| share issue | |||||
| interest | |||||
| cash flow from financing | 5,619,788 | ||||
| cash and cash equivalents | |||||
| cash | -33,139 | -133,037 | -2,098,614 | 748,914 | 2,845,438 |
| overdraft | |||||
| change in cash | -33,139 | -133,037 | -2,098,614 | 748,914 | 2,845,438 |
laundrapp limited Credit Report and Business Information
Laundrapp Limited Competitor Analysis
Perform a competitor analysis for laundrapp limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in EC4N area or any other competitors across 12 key performance metrics.
laundrapp limited Ownership
LAUNDRAPP LIMITED group structure
Laundrapp Limited has no subsidiary companies.
Ultimate parent company
LAUNDRAPP LIMITED
08971706
laundrapp limited directors
Laundrapp Limited currently has 4 directors. The longest serving directors include Mr Matthew Siebert (Sep 2017) and Mr Christopher Samler (May 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Matthew Siebert | Uk | 57 years | Sep 2017 | - | Director |
| Mr Christopher Samler | 67 years | May 2018 | - | Director | |
| Mr Robert Guenther | Germany | 41 years | Apr 2019 | - | Director |
| Mr Roel Janssen | 42 years | Aug 2019 | - | Director |
P&L
December 2018turnover
4.5m
+33%
operating profit
-8.3m
0%
gross margin
72.7%
-0.61%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2018net assets
-556.7k
-1.43%
total assets
2.9m
+0.06%
cash
1.5m
-0.02%
net assets
Total assets minus all liabilities
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laundrapp limited company details
company number
08971706
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
incorporation date
April 2014
age
11
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2018
previous names
N/A
accountant
CROWE UK LLP
auditor
-
address
2nd floor 110 cannon street, london, EC4N 6EU
Bank
-
Legal Advisor
-
laundrapp 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 laundrapp limited.
laundrapp limited Capital Raised & Share Issues BETA
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laundrapp limited Companies House Filings - See Documents
| date | description | view/download |
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