Pomanda estimates the enterprise value of LETS GO MANAGEMENT LTD at £635k based on a Turnover of £759.7k and 0.84x industry multiple (adjusted for size and gross margin).
lets go management ltdEstimated Valuation
£51.3k
Pomanda estimates the enterprise value of LETS GO MANAGEMENT LTD at £51.3k based on an EBITDA of £13.7k and a 3.73x industry multiple (adjusted for size and gross margin).
lets go management ltdEstimated Valuation
£12.1k
Pomanda estimates the enterprise value of LETS GO MANAGEMENT LTD at £12.1k based on Net Assets of £6.7k and 1.81x industry multiple (adjusted for liquidity).
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Lets Go Management LtdOverview
Lets Go Management Ltd is a live company located in chadwell st. mary, RM16 4LQ with a Companies House number of 09039492. It operates in the other amusement and recreation activities n.e.c. sector, SIC Code 93290. Founded in May 2014, it's largest shareholder is
lee eaton
with a 50% stake. Lets Go Management Ltd is a established,
small sized company, Pomanda has estimated its turnover at
£759.7k with
rapid
growth in recent years.
Pomanda's financial health check has awarded Lets Go Management Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
4 Strong
2 Regular
5 Weak
Size
annual sales of £759.7k, make it larger than the average company (£384.8k)
£759.7k - Lets Go Management Ltd
£384.8k - Industry AVG
Growth
3 year (CAGR) sales growth of 118%, show it is growing at a faster rate (17.9%)
118% - Lets Go Management Ltd
17.9% - Industry AVG
Production
with a gross margin of 61.9%, this company has a comparable cost of product (61.9%)
61.9% - Lets Go Management Ltd
61.9% - Industry AVG
Profitability
an operating margin of 1.3% make it less profitable than the average company (7.3%)
1.3% - Lets Go Management Ltd
7.3% - Industry AVG
Employees
with 2 employees, this is below the industry average (9)
2 - Lets Go Management Ltd
9 - Industry AVG
Pay Structure
on an average salary of £19.6k, the company has an equivalent pay structure (£19.6k)
£19.6k - Lets Go Management Ltd
£19.6k - Industry AVG
Efficiency
resulting in sales per employee of £379.9k, this is more efficient (£54.7k)
£379.9k - Lets Go Management Ltd
£54.7k - Industry AVG
Debtor Days
it gets paid by customers after 25 days, this is later than average (10 days)
25 days - Lets Go Management Ltd
10 days - Industry AVG
Creditor Days
its suppliers are paid after 56 days, this is slower than average (46 days)
56 days - Lets Go Management Ltd
46 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Lets Go Management Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 34 weeks, this is less cash available to meet short term requirements (80 weeks)
34 weeks - Lets Go Management Ltd
80 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 94.1%, this is a higher level of debt than the average (33%)
94.1% - Lets Go Management Ltd
33% - Industry AVG
LETS GO MANAGEMENT LTD financials
EXPORT
Lets Go Management Ltd's latest turnover from May 2024 is estimated at £759.7 thousand and the company has net assets of £6.7 thousand. According to their latest financial statements, Lets Go Management Ltd has 2 employees and maintains cash reserves of £45.7 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
May 2024
May 2023
May 2022
May 2021
May 2020
May 2019
May 2018
May 2017
May 2016
May 2015
Turnover
759,725
117,394
99,180
73,014
103,828
15,506
Other Income Or Grants
Cost Of Sales
289,801
41,910
35,760
27,953
38,864
5,968
Gross Profit
469,924
75,485
63,420
45,061
64,964
9,538
Admin Expenses
460,169
70,793
62,730
44,716
67,820
9,765
-99
-64
-1,761
1,483
Operating Profit
9,755
4,692
690
345
-2,856
-227
99
64
1,761
-1,483
Interest Payable
3,231
1,611
805
351
Interest Receivable
2,142
1,066
115
6
4
3
1
Pre-Tax Profit
8,665
4,147
-2,856
-223
102
64
1,761
-1,483
Tax
-2,166
-1,037
-19
-12
-352
Profit After Tax
6,499
3,110
-2,856
-223
83
52
1,409
-1,483
Dividends Paid
Retained Profit
6,499
3,110
-2,856
-223
83
52
1,409
-1,483
Employee Costs
39,273
38,061
35,737
34,604
34,249
19,323
Number Of Employees
2
2
2
2
2
1
EBITDA*
13,730
4,692
690
345
-2,856
-227
99
64
1,761
-1,483
* Earnings Before Interest, Tax, Depreciation and Amortisation
May 2024
May 2023
May 2022
May 2021
May 2020
May 2019
May 2018
May 2017
May 2016
May 2015
Tangible Assets
15,900
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
15,900
Stock & work in progress
Trade Debtors
52,296
568
Group Debtors
Misc Debtors
446
1,027
570
Cash
45,706
35,885
11,501
11,501
1
979
240
156
misc current assets
886
total current assets
98,002
36,771
11,501
11,501
1
568
1,425
1,267
726
total assets
113,902
36,771
11,501
11,501
1
568
1,425
1,267
726
Bank overdraft
Bank loan
Trade Creditors
44,800
Group/Directors Accounts
10,000
10,000
450
450
other short term finances
hp & lease commitments
other current liabilities
14,162
2,606
2,469
2,469
2,919
1,264
1,189
700
1,383
total current liabilities
68,962
12,606
2,919
2,919
2,919
1,264
1,189
700
1,383
loans
38,249
19,191
11,500
11,500
hp & lease commitments
Accruals and Deferred Income
4,782
730
other liabilities
provisions
total long term liabilities
38,249
23,973
11,500
11,500
730
total liabilities
107,211
36,579
14,419
14,419
2,919
730
1,264
1,189
700
1,383
net assets
6,691
192
-2,918
-2,918
-2,918
-162
161
78
26
-1,383
total shareholders funds
6,691
192
-2,918
-2,918
-2,918
-162
161
78
26
-1,383
May 2024
May 2023
May 2022
May 2021
May 2020
May 2019
May 2018
May 2017
May 2016
May 2015
Operating Activities
Operating Profit
9,755
4,692
690
345
-2,856
-227
99
64
1,761
-1,483
Depreciation
3,975
Amortisation
Tax
-2,166
-1,037
-19
-12
-352
Stock
Debtors
52,296
-568
122
-581
457
570
Creditors
44,800
Accruals and Deferred Income
6,774
4,919
-450
2,189
-534
75
489
-683
1,383
Deferred Taxes & Provisions
Cash flow from operations
10,842
8,574
690
-105
-99
-883
736
84
156
-100
Investing Activities
capital expenditure
-19,875
Change in Investments
cash flow from investments
-19,875
Financing Activities
Bank loans
Group/Directors Accounts
9,550
450
Other Short Term Loans
Long term loans
19,058
7,691
11,500
Hire Purchase and Lease Commitments
other long term liabilities
share issue
100
-100
100
interest
-1,089
-545
-690
-345
4
3
1
cash flow from financing
17,969
16,696
-690
11,605
100
-96
3
1
100
cash and cash equivalents
cash
9,821
24,384
11,500
1
-979
739
84
156
overdraft
change in cash
9,821
24,384
11,500
1
-979
739
84
156
lets go management ltd 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 lets go management ltd. Get real-time insights into lets go management ltd's credit score, group structure and payment trends.
Perform a competitor analysis for lets go management ltd by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other small companies, companies in RM16 area or any other competitors across 12 key performance metrics.
lets go management ltd Ownership
LETS GO MANAGEMENT LTD group structure
Lets Go Management Ltd has no subsidiary companies.
Ultimate parent company
LETS GO MANAGEMENT LTD
09039492
LETS GO MANAGEMENT LTD Shareholders
The largest shareholders in Lets Go Management Ltd include Lee Eaton and Tayne Eaton.
lee eaton
50%
tayne eaton
50%
lets go management ltd directors
Lets Go Management Ltd currently has 2 directors.
The longest serving directors include
Miss Tayne Eaton (Apr 2017) and
Mr Lee Eaton (Jun 2020).
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 lets go management ltd.
lets go management ltd Capital Raised & Share Issues BETA
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lets go management ltdCompanies House Filings - See Documents
