lace partners limited

5

lace partners limited Company Information

Share LACE PARTNERS LIMITED
Live 
EstablishedMidHigh

Company Number

09308880

Registered Address

unit 441 metal box factory, great guildford street, london, SE1 0HS

Industry

Management consultancy activities (other than financial management)

 

Telephone

-

Next Accounts Due

74 days late

Group Structure

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Directors

Aaron Alburey9 Years

Cathy Acratopulo7 Years

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Shareholders

lace bidco limited 100%

lace partners limited Estimated Valuation

£7.6m

Pomanda estimates the enterprise value of LACE PARTNERS LIMITED at £7.6m based on a Turnover of £9.8m and 0.77x industry multiple (adjusted for size and gross margin).

lace partners limited Estimated Valuation

£12.2m

Pomanda estimates the enterprise value of LACE PARTNERS LIMITED at £12.2m based on an EBITDA of £2.2m and a 5.53x industry multiple (adjusted for size and gross margin).

lace partners limited Estimated Valuation

£7.7m

Pomanda estimates the enterprise value of LACE PARTNERS LIMITED at £7.7m based on Net Assets of £3m and 2.58x industry multiple (adjusted for liquidity).

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Lace Partners Limited Overview

Lace Partners Limited is a live company located in london, SE1 0HS with a Companies House number of 09308880. It operates in the management consultancy activities other than financial management sector, SIC Code 70229. Founded in November 2014, it's largest shareholder is lace bidco limited with a 100% stake. Lace Partners Limited is a established, mid sized company, Pomanda has estimated its turnover at £9.8m with high growth in recent years.

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Lace Partners Limited Health Check

Pomanda's financial health check has awarded Lace Partners Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 1 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

8 Strong

positive_score

2 Regular

positive_score

1 Weak

size

Size

annual sales of £9.8m, make it larger than the average company (£258.2k)

£9.8m - Lace Partners Limited

£258.2k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 26%, show it is growing at a faster rate (4.1%)

26% - Lace Partners Limited

4.1% - Industry AVG

production

Production

with a gross margin of 55.1%, this company has a comparable cost of product (55.1%)

55.1% - Lace Partners Limited

55.1% - Industry AVG

profitability

Profitability

an operating margin of 22.4% make it more profitable than the average company (9.8%)

22.4% - Lace Partners Limited

9.8% - Industry AVG

employees

Employees

with 43 employees, this is above the industry average (3)

43 - Lace Partners Limited

3 - Industry AVG

paystructure

Pay Structure

on an average salary of £39.6k, the company has an equivalent pay structure (£39.6k)

£39.6k - Lace Partners Limited

£39.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £227.5k, this is more efficient (£105.8k)

£227.5k - Lace Partners Limited

£105.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 116 days, this is later than average (76 days)

116 days - Lace Partners Limited

76 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 46 days, this is slower than average (30 days)

46 days - Lace Partners Limited

30 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Lace Partners Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 45 weeks, this is more cash available to meet short term requirements (28 weeks)

45 weeks - Lace Partners Limited

28 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 40.5%, this is a lower level of debt than the average (54.8%)

40.5% - Lace Partners Limited

54.8% - Industry AVG

LACE PARTNERS LIMITED financials

EXPORTms excel logo

Lace Partners Limited's latest turnover from November 2022 is estimated at £9.8 million and the company has net assets of £3 million. According to their latest financial statements, Lace Partners Limited has 43 employees and maintains cash reserves of £1.8 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015
Turnover9,782,7064,891,5093,432,2964,840,7823,905,0462,556,512668,1291,054,237
Other Income Or Grants00000000
Cost Of Sales4,394,2302,211,5441,415,1982,011,5031,424,227870,774233,829364,519
Gross Profit5,388,4772,679,9652,017,0982,829,2792,480,8181,685,738434,300689,719
Admin Expenses3,201,1082,044,1611,590,8272,247,6882,751,0421,565,391472,417563,141
Operating Profit2,187,369635,804426,271581,591-270,224120,347-38,117126,578
Interest Payable6,54311,14013,04519,75912,92417300
Interest Receivable37,060671364428249355212167
Pre-Tax Profit2,217,886625,335413,590562,260-282,899120,528-37,905126,745
Tax-421,398-118,814-78,582-106,8290-22,9000-25,349
Profit After Tax1,796,488506,521335,008455,431-282,89997,628-37,905101,396
Dividends Paid00000000
Retained Profit1,796,488506,521335,008455,431-282,89997,628-37,905101,396
Employee Costs1,704,0521,228,798855,7911,179,3321,082,995502,917299,793420,503
Number Of Employees43312528231268
EBITDA*2,198,730644,574434,099582,522-268,479120,648-38,018126,668

* Earnings Before Interest, Tax, Depreciation and Amortisation

Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015
Tangible Assets20,04226,22829,33938,88216,5031,805340403
Intangible Assets7,50010,000000000
Investments & Other00000000
Debtors (Due After 1 year)00000000
Total Fixed Assets27,54236,22829,33938,88216,5031,805340403
Stock & work in progress00000000
Trade Debtors3,109,7881,471,367983,9741,405,3961,066,824726,034121,440183,770
Group Debtors00000000
Misc Debtors98,49785,61870,54485,63283,678000
Cash1,769,677701,001641,32187,07027,13939,329102,67266,625
misc current assets00000000
total current assets4,977,9622,257,9861,695,8391,578,0981,177,641765,363224,112250,395
total assets5,005,5042,294,2141,725,1781,616,9801,194,144767,168224,452250,798
Bank overdraft00000000
Bank loan00000000
Trade Creditors 560,897285,906223,449319,442500,252244,410110,544149,302
Group/Directors Accounts0001,8752,7772,7772,7770
other short term finances080,60074,499005,32900
hp & lease commitments00000000
other current liabilities1,463,623682,918608,398746,681435,184353,43347,5400
total current liabilities2,024,5201,049,424906,3461,067,998938,213605,949160,861149,302
loans064,794145,357207,843377,611000
hp & lease commitments00000000
Accruals and Deferred Income00000000
other liabilities00000000
provisions4,7164,7164,7167,3880000
total long term liabilities4,71669,510150,073215,231377,611000
total liabilities2,029,2361,118,9341,056,4191,283,2291,315,824605,949160,861149,302
net assets2,976,2681,175,280668,759333,751-121,680161,21963,591101,496
total shareholders funds2,976,2681,175,280668,759333,751-121,680161,21963,591101,496
Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015
Operating Activities
Operating Profit2,187,369635,804426,271581,591-270,224120,347-38,117126,578
Depreciation8,8618,7707,8289311,7453019990
Amortisation2,5000000000
Tax-421,398-118,814-78,582-106,8290-22,9000-25,349
Stock00000000
Debtors1,651,300502,467-436,510340,526424,468604,594-62,330183,770
Creditors274,99162,457-95,993-180,810255,842133,866-38,758149,302
Accruals and Deferred Income780,70574,520-138,283311,49781,751305,89347,5400
Deferred Taxes & Provisions00-2,6727,3880000
Cash flow from operations1,181,728160,270555,079273,242-355,354-67,08733,09466,851
Investing Activities
capital expenditure-2,675-15,6591,715-23,310-16,443-1,766-36-493
Change in Investments00000000
cash flow from investments-2,675-15,6591,715-23,310-16,443-1,766-36-493
Financing Activities
Bank loans00000000
Group/Directors Accounts00-1,875-902002,7770
Other Short Term Loans -80,6006,10174,4990-5,3295,32900
Long term loans-64,794-80,563-62,486-169,768377,611000
Hire Purchase and Lease Commitments00000000
other long term liabilities00000000
share issue4,500000000100
interest30,517-10,469-12,681-19,331-12,675182212167
cash flow from financing-110,377-84,931-2,543-190,001359,6075,5112,989267
cash and cash equivalents
cash1,068,67659,680554,25159,931-12,190-63,34336,04766,625
overdraft00000000
change in cash1,068,67659,680554,25159,931-12,190-63,34336,04766,625

lace partners 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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Lace Partners Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for lace partners limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other mid companies, companies in SE1 area or any other competitors across 12 key performance metrics.

lace partners limited Ownership

LACE PARTNERS LIMITED group structure

Lace Partners Limited has no subsidiary companies.

Ultimate parent company

LACE PARTNERS LIMITED

09308880

LACE PARTNERS LIMITED Shareholders

lace bidco limited 100%

lace partners limited directors

Lace Partners Limited currently has 3 directors. The longest serving directors include Mr Aaron Alburey (Nov 2014) and Mrs Cathy Acratopulo (Aug 2017).

officercountryagestartendrole
Mr Aaron AlbureyEngland51 years Nov 2014- Director
Mrs Cathy AcratopuloEngland52 years Aug 2017- Director
Ms Rebecca RobertsUnited Kingdom46 years Apr 2024- Director

P&L

November 2022

turnover

9.8m

+100%

operating profit

2.2m

0%

gross margin

55.1%

+0.54%

turnover

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

Balance Sheet

November 2022

net assets

3m

+1.53%

total assets

5m

+1.18%

cash

1.8m

+1.52%

net assets

Total assets minus all liabilities

lace partners limited company details

company number

09308880

Type

Private limited with Share Capital

industry

70229 - Management consultancy activities (other than financial management)

incorporation date

November 2014

age

10

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

November 2022

previous names

N/A

accountant

-

auditor

-

address

unit 441 metal box factory, great guildford street, london, SE1 0HS

Bank

-

Legal Advisor

-

lace partners 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 3 charges/mortgages relating to lace partners limited. Currently there are 2 open charges and 1 have been satisfied in the past.

charges

lace partners limited Companies House Filings - See Documents

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