lth (praed street) limited
lth (praed street) limited Company Information
Company Number
09058268
Next Accounts
Mar 2025
Industry
Hotels and similar accommodation
Directors
Shareholders
lth (paddington) ltd
Group Structure
View All
Contact
Registered Address
8-14 talbot square, london, W2 1TS
lth (praed street) limited Estimated Valuation
Pomanda estimates the enterprise value of LTH (PRAED STREET) LIMITED at £1.5m based on a Turnover of £1.4m and 1.12x industry multiple (adjusted for size and gross margin).
lth (praed street) limited Estimated Valuation
Pomanda estimates the enterprise value of LTH (PRAED STREET) LIMITED at £18.1m based on an EBITDA of £4m and a 4.48x industry multiple (adjusted for size and gross margin).
lth (praed street) limited Estimated Valuation
Pomanda estimates the enterprise value of LTH (PRAED STREET) LIMITED at £144.4m based on Net Assets of £66.9m and 2.16x industry multiple (adjusted for liquidity).
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Lth (praed Street) Limited Overview
Lth (praed Street) Limited is a live company located in london, W2 1TS with a Companies House number of 09058268. It operates in the hotels and similar accommodation sector, SIC Code 55100. Founded in May 2014, it's largest shareholder is lth (paddington) ltd with a 100% stake. Lth (praed Street) Limited is a established, small sized company, Pomanda has estimated its turnover at £1.4m with unknown growth in recent years.
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Lth (praed Street) Limited Health Check
Pomanda's financial health check has awarded Lth (Praed Street) Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
3 Weak
Size
annual sales of £1.4m, make it smaller than the average company (£5.1m)
- Lth (praed Street) Limited
£5.1m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Lth (praed Street) Limited
- - Industry AVG
Production
with a gross margin of 62.9%, this company has a comparable cost of product (62.9%)
- Lth (praed Street) Limited
62.9% - Industry AVG
Profitability
an operating margin of 243.9% make it more profitable than the average company (9%)
- Lth (praed Street) Limited
9% - Industry AVG
Employees
with 13 employees, this is below the industry average (79)
13 - Lth (praed Street) Limited
79 - Industry AVG
Pay Structure
on an average salary of £22.9k, the company has an equivalent pay structure (£22.9k)
- Lth (praed Street) Limited
£22.9k - Industry AVG
Efficiency
resulting in sales per employee of £104.1k, this is more efficient (£68.6k)
- Lth (praed Street) Limited
£68.6k - Industry AVG
Debtor Days
it gets paid by customers after 12 days, this is later than average (8 days)
- Lth (praed Street) Limited
8 days - Industry AVG
Creditor Days
its suppliers are paid after 457 days, this is slower than average (49 days)
- Lth (praed Street) Limited
49 days - Industry AVG
Stock Days
it holds stock equivalent to 0 days, this is less than average (8 days)
- Lth (praed Street) Limited
8 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 10 weeks, this is more cash available to meet short term requirements (8 weeks)
10 weeks - Lth (praed Street) Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 39.2%, this is a lower level of debt than the average (76%)
39.2% - Lth (praed Street) Limited
76% - Industry AVG
LTH (PRAED STREET) LIMITED financials
Lth (Praed Street) Limited's latest turnover from June 2023 is estimated at £1.4 million and the company has net assets of £66.9 million. According to their latest financial statements, Lth (Praed Street) Limited has 13 employees and maintains cash reserves of £996.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 5,244,930 | 5,316,750 | 4,956,928 | 4,276,870 | 4,113,060 | 2,317,492 | |||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Cost Of Sales | 1,240,646 | 1,220,442 | 1,211,625 | 920,450 | 863,991 | 441,670 | |||
| Gross Profit | 4,004,284 | 4,096,308 | 3,745,303 | 3,356,420 | 3,249,069 | 1,875,822 | |||
| Admin Expenses | 2,078,871 | 1,921,917 | 2,057,032 | 2,298,957 | 2,064,311 | ||||
| Operating Profit | 1,925,413 | 2,174,391 | 1,688,271 | 1,057,463 | 1,184,758 | ||||
| Interest Payable | 71,810 | 388,397 | 0 | 0 | 11 | 0 | |||
| Interest Receivable | 0 | 14 | 0 | 258 | 0 | 0 | |||
| Pre-Tax Profit | 1,153,803 | 1,786,008 | 1,688,271 | 1,057,721 | 1,184,769 | 1,127,744 | |||
| Tax | -262,046 | -497,292 | -372,086 | -10,863 | -250,448 | -397,580 | |||
| Profit After Tax | 891,757 | 1,288,716 | 1,316,185 | 1,046,858 | 934,321 | 730,164 | |||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Retained Profit | 891,757 | 1,288,716 | 1,316,185 | 1,046,858 | 934,321 | 730,164 | |||
| Employee Costs | |||||||||
| Number Of Employees | 13 | 9 | 27 | 27 | 24 | 17 | 21 | ||
| EBITDA* | 2,647,065 | 2,680,841 | 2,574,227 | 2,366,457 | 2,478,855 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 61,527,324 | 58,570,067 | 59,188,432 | 60,326,470 | 61,000,000 | 50,360,817 | 50,838,858 | 51,159,408 | 46,381,760 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 388,216 | 1,164,649 | 1,941,082 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 33,872 | 0 | 45,485,388 | 44,746,895 | 40,228,451 | 0 | 0 | 8,747,145 | 4,480,737 |
| Total Fixed Assets | 61,561,196 | 58,570,067 | 104,673,820 | 105,073,365 | 101,228,451 | 50,360,817 | 51,227,074 | 61,071,202 | 52,803,579 |
| Stock & work in progress | 1,149 | 1,043 | 500 | 500 | 500 | 500 | 500 | 500 | 500 |
| Trade Debtors | 46,263 | 55,477 | 247,522 | 3,046 | 43,462 | 93,898 | 102,653 | 85,734 | 104,683 |
| Group Debtors | 47,354,775 | 45,621,935 | 1,200 | 0 | 0 | 14,208,318 | 10,879,671 | 0 | 0 |
| Misc Debtors | 84,708 | 348,151 | 1,235,938 | 85,398 | 74,709 | 57,505 | 44,804 | 134,372 | 101,892 |
| Cash | 996,236 | 2,019,239 | 103,648 | 430,374 | 568,234 | 112,279 | 280,368 | 350,940 | 165,512 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 48,483,131 | 48,045,845 | 1,588,808 | 519,318 | 686,905 | 14,472,500 | 11,307,996 | 571,546 | 372,587 |
| total assets | 110,044,327 | 106,615,912 | 106,262,628 | 105,592,683 | 101,915,356 | 64,833,317 | 62,535,070 | 61,642,748 | 53,176,166 |
| Bank overdraft | 88,889 | 28,088,889 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 629,858 | 403,246 | 368,559 | 291,489 | 213,685 | 152,531 | 156,813 | 165,877 | 147,620 |
| Group/Directors Accounts | 3,480,265 | 3,455,505 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 631,692 | 695,320 | 1,124,399 | 301,656 | 807,349 | 835,434 | 296,959 | 524,204 | 551,420 |
| total current liabilities | 4,830,704 | 32,642,960 | 1,492,958 | 593,145 | 1,021,034 | 987,965 | 453,772 | 690,081 | 699,040 |
| loans | 28,076,433 | 177,778 | 31,208,113 | 30,943,666 | 27,733,079 | 3,012,768 | 2,575,017 | 2,497,211 | 167,001 |
| 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 | 0 |
| provisions | 10,266,734 | 10,426,890 | 10,421,629 | 7,086,708 | 7,083,836 | 5,214,989 | 5,616,406 | 6,293,954 | 5,918,913 |
| total long term liabilities | 38,343,167 | 10,604,668 | 41,629,742 | 38,030,374 | 34,816,915 | 8,227,757 | 8,191,423 | 8,791,165 | 6,085,914 |
| total liabilities | 43,173,871 | 43,247,628 | 43,122,700 | 38,623,519 | 35,837,949 | 9,215,722 | 8,645,195 | 9,481,246 | 6,784,954 |
| net assets | 66,870,456 | 63,368,284 | 63,139,928 | 66,969,164 | 66,077,407 | 55,617,595 | 53,889,875 | 52,161,502 | 46,391,212 |
| total shareholders funds | 66,870,456 | 63,368,284 | 63,139,928 | 66,969,164 | 66,077,407 | 55,617,595 | 53,889,875 | 52,161,502 | 46,391,212 |
| Jun 2023 | Jun 2022 | Jun 2021 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | 1,925,413 | 2,174,391 | 1,688,271 | 1,057,463 | 1,184,758 | ||||
| Depreciation | 748,693 | 715,094 | 1,185,725 | 721,652 | 506,450 | 497,740 | 532,561 | 517,664 | 241,497 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 388,216 | 776,433 | 776,433 | 0 |
| Tax | -262,046 | -497,292 | -372,086 | -10,863 | -250,448 | -397,580 | |||
| Stock | 106 | 543 | 500 | 0 | 0 | 0 | 0 | 0 | 500 |
| Debtors | 1,494,055 | -944,485 | 46,970,048 | 4,488,717 | 25,986,901 | 3,332,593 | 2,059,877 | 4,279,939 | 4,687,312 |
| Creditors | 226,612 | 34,687 | 368,559 | 77,804 | 61,154 | -4,282 | -9,064 | 18,257 | 147,620 |
| Accruals and Deferred Income | -63,628 | -429,079 | 1,124,399 | -505,693 | -28,085 | 538,475 | -227,245 | -27,216 | 551,420 |
| Deferred Taxes & Provisions | -160,156 | 5,261 | 10,421,629 | 2,872 | 1,868,847 | -401,417 | -677,548 | 375,041 | 5,918,913 |
| Cash flow from operations | -2,528,715 | -21,901,436 | -997,676 | -618,140 | -1,685,450 | ||||
| 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 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 24,760 | 3,455,505 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 27,898,655 | -31,030,335 | 31,208,113 | 3,210,587 | 24,720,311 | 437,751 | 77,806 | 2,330,210 | 167,001 |
| 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 | 0 | 0 |
| share issue | |||||||||
| interest | -71,810 | -388,383 | 0 | 258 | -11 | 0 | |||
| cash flow from financing | 3,138,777 | 33,503,024 | 849,286 | 759,579 | 7,166,168 | 45,828,049 | |||
| cash and cash equivalents | |||||||||
| cash | -1,023,003 | 1,915,591 | 103,648 | -137,860 | 455,955 | -168,089 | -70,572 | 185,428 | 165,512 |
| overdraft | -28,000,000 | 28,088,889 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 26,976,997 | -26,173,298 | 103,648 | -137,860 | 455,955 | -168,089 | -70,572 | 185,428 | 165,512 |
lth (praed street) limited Credit Report and Business Information
Lth (praed Street) Limited Competitor Analysis
Perform a competitor analysis for lth (praed street) limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in W 2 area or any other competitors across 12 key performance metrics.
lth (praed street) limited Ownership
LTH (PRAED STREET) LIMITED group structure
Lth (Praed Street) Limited has no subsidiary companies.
Ultimate parent company
AURO TRADING INVESTMENTS EST
#0067463
2 parents
LTH (PRAED STREET) LIMITED
09058268
lth (praed street) limited directors
Lth (Praed Street) Limited currently has 1 director, Mr Koolesh Shah serving since May 2014.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Koolesh Shah | England | 59 years | May 2014 | - | Director |
P&L
June 2023turnover
1.4m
+29%
operating profit
3.3m
0%
gross margin
63%
+5.6%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
66.9m
+0.06%
total assets
110m
+0.03%
cash
996.2k
-0.51%
net assets
Total assets minus all liabilities
lth (praed street) limited company details
company number
09058268
Type
Private limited with Share Capital
industry
55100 - Hotels and similar accommodation
incorporation date
May 2014
age
11
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
June 2023
previous names
N/A
accountant
GERALD EDELMAN LLP
auditor
-
address
8-14 talbot square, london, W2 1TS
Bank
-
Legal Advisor
-
lth (praed street) 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 found 5 charges/mortgages relating to lth (praed street) limited. Currently there are 4 open charges and 1 have been satisfied in the past.
lth (praed street) 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 LTH (PRAED STREET) LIMITED. This can take several minutes, an email will notify you when this has completed.
lth (praed street) limited Companies House Filings - See Documents
| date | description | view/download |
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