laxmi financial solutions limited

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laxmi financial solutions limited Company Information

Share LAXMI FINANCIAL SOLUTIONS LIMITED

Company Number

09052263

Shareholders

numbers studio limited

Group Structure

View All

Industry

Accounting, and auditing activities

 

Registered Address

130 first floor offices, queens road, brighton, BN1 3WB

laxmi financial solutions limited Estimated Valuation

£8.3k

Pomanda estimates the enterprise value of LAXMI FINANCIAL SOLUTIONS LIMITED at £8.3k based on a Turnover of £11.6k and 0.71x industry multiple (adjusted for size and gross margin).

laxmi financial solutions limited Estimated Valuation

£0

Pomanda estimates the enterprise value of LAXMI FINANCIAL SOLUTIONS LIMITED at £0 based on an EBITDA of £-2.5k and a 4.55x industry multiple (adjusted for size and gross margin).

laxmi financial solutions limited Estimated Valuation

£0

Pomanda estimates the enterprise value of LAXMI FINANCIAL SOLUTIONS LIMITED at £0 based on Net Assets of £-30k and 3.06x industry multiple (adjusted for liquidity).

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Laxmi Financial Solutions Limited Overview

Laxmi Financial Solutions Limited is a live company located in brighton, BN1 3WB with a Companies House number of 09052263. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in May 2014, it's largest shareholder is numbers studio limited with a 100% stake. Laxmi Financial Solutions Limited is a established, micro sized company, Pomanda has estimated its turnover at £11.6k with declining growth in recent years.

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Laxmi Financial Solutions Limited Health Check

Pomanda's financial health check has awarded Laxmi Financial Solutions Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

1 Strong

positive_score

1 Regular

positive_score

8 Weak

size

Size

annual sales of £11.6k, make it smaller than the average company (£181.4k)

£11.6k - Laxmi Financial Solutions Limited

£181.4k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -54%, show it is growing at a slower rate (8.4%)

-54% - Laxmi Financial Solutions Limited

8.4% - Industry AVG

production

Production

with a gross margin of 50.3%, this company has a higher cost of product (93.4%)

50.3% - Laxmi Financial Solutions Limited

93.4% - Industry AVG

profitability

Profitability

an operating margin of -21.7% make it less profitable than the average company (10.1%)

-21.7% - Laxmi Financial Solutions Limited

10.1% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (3)

1 - Laxmi Financial Solutions Limited

3 - Industry AVG

paystructure

Pay Structure

on an average salary of £34.8k, the company has an equivalent pay structure (£34.8k)

£34.8k - Laxmi Financial Solutions Limited

£34.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £11.6k, this is less efficient (£76.5k)

£11.6k - Laxmi Financial Solutions Limited

£76.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 164 days, this is later than average (78 days)

164 days - Laxmi Financial Solutions Limited

78 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 2230 days, this is slower than average (21 days)

2230 days - Laxmi Financial Solutions Limited

21 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Laxmi Financial Solutions Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Laxmi Financial Solutions Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 662.3%, this is a higher level of debt than the average (50.8%)

662.3% - Laxmi Financial Solutions Limited

50.8% - Industry AVG

LAXMI FINANCIAL SOLUTIONS LIMITED financials

EXPORTms excel logo

Laxmi Financial Solutions Limited's latest turnover from March 2024 is estimated at £11.6 thousand and the company has net assets of -£30 thousand. According to their latest financial statements, we estimate that Laxmi Financial Solutions Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015
Turnover11,64510,01583,726118,25365,50827,58824,99322,23220,59118,651
Other Income Or Grants
Cost Of Sales5,7824,92140,59554,13228,99711,51810,0688,4869,4977,378
Gross Profit5,8635,09443,13164,12036,51116,07014,92513,74511,09311,273
Admin Expenses8,39432,57465,06151,24227,21118,2839,02613,6249,57511,146
Operating Profit-2,531-27,480-21,93012,8789,300-2,2135,8991211,518127
Interest Payable
Interest Receivable142
Pre-Tax Profit-2,531-27,480-21,93012,8789,300-2,2135,8991231,523129
Tax-2,447-1,767-1,121-24-304-27
Profit After Tax-2,531-27,480-21,93010,4317,533-2,2134,778981,218102
Dividends Paid
Retained Profit-2,531-27,480-21,93010,4317,533-2,2134,778981,218102
Employee Costs34,82933,15661,26152,97628,00333,33928,07228,69027,01526,382
Number Of Employees1122111111
EBITDA*-2,531-27,480-21,93012,8789,300-2,2135,8991211,736288

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015
Tangible Assets2,9301,5329883897721,080275494
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets2,9301,5329883897721,080275494
Stock & work in progress
Trade Debtors5,2574,42739,68764,68333,66212,70210,9448,3196,6085,025
Group Debtors
Misc Debtors77512944441,694
Cash893828
misc current assets53,0591,031585791
total current assets5,33457,53739,98165,12735,35613,73311,5299,1107,5015,853
total assets5,33457,53742,91166,65936,34414,12212,30110,1907,7766,347
Bank overdraft
Bank loan
Trade Creditors 35,32833,89444,71216,02010,1396,1058,7726,4546,243
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities35,32833,89444,71216,02010,1396,1058,7726,4546,243
loans
hp & lease commitments
Accruals and Deferred Income85,0009,000
other liabilities
provisions8,808
total long term liabilities85,0009,0008,808
total liabilities35,32885,00042,89444,71224,82810,1396,1058,7726,4546,243
net assets-29,994-27,4631721,94711,5163,9836,1961,4181,322104
total shareholders funds-29,994-27,4631721,94711,5163,9836,1961,4181,322104
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015
Operating Activities
Operating Profit-2,531-27,480-21,93012,8789,300-2,2135,8991211,518127
Depreciation218161
Amortisation
Tax-2,447-1,767-1,121-24-304-27
Stock
Debtors856-35,503-25,14629,77122,6541,7582,6251,7111,5835,025
Creditors35,328-33,894-10,81828,6925,8814,034-2,6672,3182116,243
Accruals and Deferred Income-85,00076,0009,000
Deferred Taxes & Provisions-8,8088,808
Cash flow from operations-53,05950,1291,398544-43263-514704601,479
Investing Activities
capital expenditure2,930-1,398-544-599383308-8051-655
Change in Investments
cash flow from investments2,930-1,398-544-599383308-8051-655
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue-22
interest142
cash flow from financing-144
cash and cash equivalents
cash-89365828
overdraft
change in cash-89365828

laxmi financial solutions limited 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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Laxmi Financial Solutions Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for laxmi financial solutions limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in BN1 area or any other competitors across 12 key performance metrics.

laxmi financial solutions limited Ownership

LAXMI FINANCIAL SOLUTIONS LIMITED group structure

Laxmi Financial Solutions Limited has no subsidiary companies.

Ultimate parent company

LAXMI FINANCIAL SOLUTIONS LIMITED

09052263

LAXMI FINANCIAL SOLUTIONS LIMITED Shareholders

numbers studio limited 100%

laxmi financial solutions limited directors

Laxmi Financial Solutions Limited currently has 1 director, Mr Matthew Freeman serving since Apr 2022.

officercountryagestartendrole
Mr Matthew FreemanUnited Kingdom40 years Apr 2022- Director

P&L

March 2024

turnover

11.6k

+16%

operating profit

-2.5k

0%

gross margin

50.4%

-1.02%

turnover

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

Balance Sheet

March 2024

net assets

-30k

+0.09%

total assets

5.3k

-0.91%

cash

0

0%

net assets

Total assets minus all liabilities

laxmi financial solutions limited company details

company number

09052263

Type

Private limited with Share Capital

industry

69201 - Accounting, and auditing activities

incorporation date

May 2014

age

11

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2024

previous names

N/A

accountant

THE NUMBERS STUDIO

auditor

-

address

130 first floor offices, queens road, brighton, BN1 3WB

Bank

-

Legal Advisor

-

laxmi financial solutions 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 laxmi financial solutions limited.

laxmi financial solutions 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.

Click to start generating capital raising & share issue transactions for LAXMI FINANCIAL SOLUTIONS LIMITED. This can take several minutes, an email will notify you when this has completed.

laxmi financial solutions limited Companies House Filings - See Documents

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