lace partners limited
lace partners limited Company Information
Company Number
09308880
Website
www.lacepartners.co.ukRegistered 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
View All
Shareholders
lace bidco limited 100%
lace partners limited Estimated Valuation
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
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
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
8 Strong
2 Regular
1 Weak
Size
annual sales of £9.8m, make it larger than the average company (£258.2k)
- Lace Partners Limited
£258.2k - Industry AVG
Growth
3 year (CAGR) sales growth of 26%, show it is growing at a faster rate (4.1%)
- Lace Partners Limited
4.1% - Industry AVG
Production
with a gross margin of 55.1%, this company has a comparable cost of product (55.1%)
- Lace Partners Limited
55.1% - Industry AVG
Profitability
an operating margin of 22.4% make it more profitable than the average company (9.8%)
- Lace Partners Limited
9.8% - Industry AVG
Employees
with 43 employees, this is above the industry average (3)
43 - Lace Partners Limited
3 - Industry AVG
Pay Structure
on an average salary of £39.6k, the company has an equivalent pay structure (£39.6k)
- Lace Partners Limited
£39.6k - Industry AVG
Efficiency
resulting in sales per employee of £227.5k, this is more efficient (£105.8k)
- Lace Partners Limited
£105.8k - Industry AVG
Debtor Days
it gets paid by customers after 116 days, this is later than average (76 days)
- Lace Partners Limited
76 days - Industry AVG
Creditor Days
its suppliers are paid after 46 days, this is slower than average (30 days)
- Lace Partners Limited
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Lace Partners Limited
- - Industry AVG
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
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
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 House, Pomanda Estimates
| Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 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 | 43 | 31 | 25 | 28 | 23 | 12 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 20,042 | 26,228 | 29,339 | 38,882 | 16,503 | 1,805 | 340 | 403 |
| Intangible Assets | 7,500 | 10,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 27,542 | 36,228 | 29,339 | 38,882 | 16,503 | 1,805 | 340 | 403 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 3,109,788 | 1,471,367 | 983,974 | 1,405,396 | 1,066,824 | 726,034 | 121,440 | 183,770 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 98,497 | 85,618 | 70,544 | 85,632 | 83,678 | 0 | 0 | 0 |
| Cash | 1,769,677 | 701,001 | 641,321 | 87,070 | 27,139 | 39,329 | 102,672 | 66,625 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 4,977,962 | 2,257,986 | 1,695,839 | 1,578,098 | 1,177,641 | 765,363 | 224,112 | 250,395 |
| total assets | 5,005,504 | 2,294,214 | 1,725,178 | 1,616,980 | 1,194,144 | 767,168 | 224,452 | 250,798 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 560,897 | 285,906 | 223,449 | 319,442 | 500,252 | 244,410 | 110,544 | 149,302 |
| Group/Directors Accounts | 0 | 0 | 0 | 1,875 | 2,777 | 2,777 | 2,777 | 0 |
| other short term finances | 0 | 80,600 | 74,499 | 0 | 0 | 5,329 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,463,623 | 682,918 | 608,398 | 746,681 | 435,184 | 353,433 | 47,540 | 0 |
| total current liabilities | 2,024,520 | 1,049,424 | 906,346 | 1,067,998 | 938,213 | 605,949 | 160,861 | 149,302 |
| loans | 0 | 64,794 | 145,357 | 207,843 | 377,611 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 4,716 | 4,716 | 4,716 | 7,388 | 0 | 0 | 0 | 0 |
| total long term liabilities | 4,716 | 69,510 | 150,073 | 215,231 | 377,611 | 0 | 0 | 0 |
| total liabilities | 2,029,236 | 1,118,934 | 1,056,419 | 1,283,229 | 1,315,824 | 605,949 | 160,861 | 149,302 |
| net assets | 2,976,268 | 1,175,280 | 668,759 | 333,751 | -121,680 | 161,219 | 63,591 | 101,496 |
| total shareholders funds | 2,976,268 | 1,175,280 | 668,759 | 333,751 | -121,680 | 161,219 | 63,591 | 101,496 |
| Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 8,861 | 8,770 | 7,828 | 931 | 1,745 | 301 | 99 | 90 |
| Amortisation | 2,500 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 1,651,300 | 502,467 | -436,510 | 340,526 | 424,468 | 604,594 | -62,330 | 183,770 |
| Creditors | 274,991 | 62,457 | -95,993 | -180,810 | 255,842 | 133,866 | -38,758 | 149,302 |
| Accruals and Deferred Income | 780,705 | 74,520 | -138,283 | 311,497 | 81,751 | 305,893 | 47,540 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | -2,672 | 7,388 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | -1,875 | -902 | 0 | 0 | 2,777 | 0 |
| Other Short Term Loans | -80,600 | 6,101 | 74,499 | 0 | -5,329 | 5,329 | 0 | 0 |
| Long term loans | -64,794 | -80,563 | -62,486 | -169,768 | 377,611 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 1,068,676 | 59,680 | 554,251 | 59,931 | -12,190 | -63,343 | 36,047 | 66,625 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 1,068,676 | 59,680 | 554,251 | 59,931 | -12,190 | -63,343 | 36,047 | 66,625 |
lace partners limited Credit Report and Business Information
Lace Partners Limited Competitor Analysis
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 directors
Lace Partners Limited currently has 3 directors. The longest serving directors include Mr Aaron Alburey (Nov 2014) and Mrs Cathy Acratopulo (Aug 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Aaron Alburey | England | 51 years | Nov 2014 | - | Director |
| Mrs Cathy Acratopulo | England | 52 years | Aug 2017 | - | Director |
| Ms Rebecca Roberts | United Kingdom | 46 years | Apr 2024 | - | Director |
P&L
November 2022turnover
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 2022net assets
3m
+1.53%
total assets
5m
+1.18%
cash
1.8m
+1.52%
net assets
Total assets minus all liabilities
Similar Companies
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
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.
lace partners limited Companies House Filings - See Documents
| date | description | view/download |
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