ltl fitness ltd
ltl fitness ltd Company Information
Company Number
09041294
Next Accounts
Feb 2025
Industry
Fitness facilities
Shareholders
james michael crowson
russell john valler
Group Structure
View All
Contact
Registered Address
61 bridge street, kington, HR5 3DJ
Website
https://www.ltlfitness.comltl fitness ltd Estimated Valuation
Pomanda estimates the enterprise value of LTL FITNESS LTD at £811.5k based on a Turnover of £706.9k and 1.15x industry multiple (adjusted for size and gross margin).
ltl fitness ltd Estimated Valuation
Pomanda estimates the enterprise value of LTL FITNESS LTD at £1.4m based on an EBITDA of £274.9k and a 5.15x industry multiple (adjusted for size and gross margin).
ltl fitness ltd Estimated Valuation
Pomanda estimates the enterprise value of LTL FITNESS LTD at £0 based on Net Assets of £-399.7k and 3.67x industry multiple (adjusted for liquidity).
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Ltl Fitness Ltd Overview
Ltl Fitness Ltd is a live company located in kington, HR5 3DJ with a Companies House number of 09041294. It operates in the fitness facilities sector, SIC Code 93130. Founded in May 2014, it's largest shareholder is james michael crowson with a 50% stake. Ltl Fitness Ltd is a established, small sized company, Pomanda has estimated its turnover at £706.9k with declining growth in recent years.
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Ltl Fitness Ltd Health Check
Pomanda's financial health check has awarded Ltl Fitness Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
4 Weak
Size
annual sales of £706.9k, make it larger than the average company (£193.3k)
- Ltl Fitness Ltd
£193.3k - Industry AVG
Growth
3 year (CAGR) sales growth of -4%, show it is growing at a slower rate (3.8%)
- Ltl Fitness Ltd
3.8% - Industry AVG
Production
with a gross margin of 82.7%, this company has a comparable cost of product (82.7%)
- Ltl Fitness Ltd
82.7% - Industry AVG
Profitability
an operating margin of 25.9% make it more profitable than the average company (1.8%)
- Ltl Fitness Ltd
1.8% - Industry AVG
Employees
with 18 employees, this is above the industry average (4)
18 - Ltl Fitness Ltd
4 - Industry AVG
Pay Structure
on an average salary of £17.6k, the company has an equivalent pay structure (£17.6k)
- Ltl Fitness Ltd
£17.6k - Industry AVG
Efficiency
resulting in sales per employee of £39.3k, this is less efficient (£62.8k)
- Ltl Fitness Ltd
£62.8k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is earlier than average (15 days)
- Ltl Fitness Ltd
15 days - Industry AVG
Creditor Days
its suppliers are paid after 1129 days, this is slower than average (114 days)
- Ltl Fitness Ltd
114 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Ltl Fitness Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (16 weeks)
2 weeks - Ltl Fitness Ltd
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 161.7%, this is a higher level of debt than the average (93.6%)
161.7% - Ltl Fitness Ltd
93.6% - Industry AVG
LTL FITNESS LTD financials
Ltl Fitness Ltd's latest turnover from May 2023 is estimated at £706.9 thousand and the company has net assets of -£399.7 thousand. According to their latest financial statements, Ltl Fitness Ltd has 18 employees and maintains cash reserves of £33.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||
| Other Income Or Grants | |||||||||
| Cost Of Sales | |||||||||
| Gross Profit | |||||||||
| Admin Expenses | |||||||||
| Operating Profit | |||||||||
| Interest Payable | |||||||||
| Interest Receivable | |||||||||
| Pre-Tax Profit | |||||||||
| Tax | |||||||||
| Profit After Tax | |||||||||
| Dividends Paid | |||||||||
| Retained Profit | |||||||||
| Employee Costs | |||||||||
| Number Of Employees | 18 | 18 | 24 | 19 | 20 | 18 | 16 | 10 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 264,972 | 318,791 | 365,370 | 446,079 | 595,400 | 658,839 | 462,696 | 270,932 | 135,894 |
| Intangible Assets | 77,792 | 93,663 | 129,106 | 210,443 | 126,766 | 109,089 | 68,617 | 73,584 | 18,444 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 342,764 | 412,454 | 494,476 | 656,522 | 722,166 | 767,928 | 531,313 | 344,516 | 154,338 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 2,451 | 0 | 9,455 | 7,278 | 3,292 | 378 | 0 | 0 | 51,668 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 714 | 0 | 0 | 0 |
| Misc Debtors | 262,635 | 270,081 | 156,895 | 135,168 | 255,905 | 121,450 | 77,710 | 22,598 | 0 |
| Cash | 33,660 | 85,466 | 214,439 | 136,420 | 137,198 | 20,082 | 65,635 | 24,406 | 57,188 |
| misc current assets | 6,779 | 6,779 | 6,423 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 305,525 | 362,326 | 387,212 | 278,866 | 396,395 | 142,624 | 143,345 | 47,004 | 108,856 |
| total assets | 648,289 | 774,780 | 881,688 | 935,388 | 1,118,561 | 910,552 | 674,658 | 391,520 | 263,194 |
| Bank overdraft | 203,088 | 204,770 | 129,405 | 161,525 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 116,230 | 182,745 | 112,586 | 101,389 | 0 |
| Trade Creditors | 379,532 | 388,974 | 271,595 | 118,244 | 183,228 | 78,358 | 72,815 | 32,205 | 60,718 |
| Group/Directors Accounts | 9,171 | 9,171 | 2,595 | 6,347 | 470 | 174,947 | 0 | 33,402 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 161,112 | 162,262 | 235,920 | 155,599 | 63,626 | 23,053 | 102,784 | 10,119 | 0 |
| total current liabilities | 752,903 | 765,177 | 639,515 | 441,715 | 363,554 | 459,103 | 288,185 | 177,115 | 60,718 |
| loans | 295,116 | 501,306 | 699,633 | 455,584 | 396,780 | 551,558 | 509,882 | 377,467 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 256,602 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 295,116 | 501,306 | 699,633 | 455,584 | 396,780 | 551,558 | 509,882 | 377,467 | 256,602 |
| total liabilities | 1,048,019 | 1,266,483 | 1,339,148 | 897,299 | 760,334 | 1,010,661 | 798,067 | 554,582 | 317,320 |
| net assets | -399,730 | -491,703 | -457,460 | 38,089 | 358,227 | -100,109 | -123,409 | -163,062 | -54,126 |
| total shareholders funds | -399,730 | -491,703 | -457,460 | 38,089 | 358,227 | -100,109 | -123,409 | -163,062 | -54,126 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 75,829 | 73,013 | 72,094 | 71,532 | 86,414 | 63,468 | 26,606 | 49,245 | 337 |
| Amortisation | 15,871 | 52,943 | 55,825 | 43,212 | 33,258 | 20,405 | 29,966 | 2,360 | 1,056 |
| Tax | |||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -4,995 | 103,731 | 23,904 | -116,751 | 136,655 | 44,832 | 55,112 | -29,070 | 51,668 |
| Creditors | -9,442 | 117,379 | 153,351 | -64,984 | 104,870 | 5,543 | 40,610 | -28,513 | 60,718 |
| Accruals and Deferred Income | -1,150 | -73,658 | 80,321 | 91,973 | 40,573 | -79,731 | 92,665 | 10,119 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | -116,230 | -66,515 | 70,159 | 11,197 | 101,389 | 0 |
| Group/Directors Accounts | 0 | 6,576 | -3,752 | 5,877 | -174,477 | 174,947 | -33,402 | 33,402 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -206,190 | -198,327 | 244,049 | 58,804 | -154,778 | 41,676 | 132,415 | 377,467 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -256,602 | 256,602 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | -51,806 | -128,973 | 78,019 | -778 | 117,116 | -45,553 | 41,229 | -32,782 | 57,188 |
| overdraft | -1,682 | 75,365 | -32,120 | 161,525 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -50,124 | -204,338 | 110,139 | -162,303 | 117,116 | -45,553 | 41,229 | -32,782 | 57,188 |
ltl fitness ltd Credit Report and Business Information
Ltl Fitness Ltd Competitor Analysis
Perform a competitor analysis for ltl fitness ltd by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other small companies, companies in HR5 area or any other competitors across 12 key performance metrics.
ltl fitness ltd Ownership
LTL FITNESS LTD group structure
Ltl Fitness Ltd has no subsidiary companies.
Ultimate parent company
LTL FITNESS LTD
09041294
ltl fitness ltd directors
Ltl Fitness Ltd currently has 2 directors. The longest serving directors include Mr James Crowson (May 2014) and Mr Russell Valler (May 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr James Crowson | England | 52 years | May 2014 | - | Director |
| Mr Russell Valler | United Kingdom | 43 years | May 2014 | - | Director |
P&L
May 2023turnover
706.9k
-20%
operating profit
183.2k
0%
gross margin
82.7%
+0.52%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
-399.7k
-0.19%
total assets
648.3k
-0.16%
cash
33.7k
-0.61%
net assets
Total assets minus all liabilities
ltl fitness ltd company details
company number
09041294
Type
Private limited with Share Capital
industry
93130 - Fitness facilities
incorporation date
May 2014
age
10
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
May 2023
previous names
N/A
accountant
MONEYPAD LTD
auditor
-
address
61 bridge street, kington, HR5 3DJ
Bank
-
Legal Advisor
-
ltl fitness 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 found 1 charges/mortgages relating to ltl fitness ltd. Currently there are 0 open charges and 1 have been satisfied in the past.
ltl fitness ltd Companies House Filings - See Documents
| date | description | view/download |
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