linca workforce development ltd
linca workforce development ltd Company Information
Company Number
09373229
Next Accounts
Sep 2025
Shareholders
lincolnshire care association limited
Group Structure
View All
Industry
Other education n.e.c.
Registered Address
greetwell place lime kiln way, lincoln, LN2 4US
linca workforce development ltd Estimated Valuation
Pomanda estimates the enterprise value of LINCA WORKFORCE DEVELOPMENT LTD at £2.5m based on a Turnover of £3.9m and 0.62x industry multiple (adjusted for size and gross margin).
linca workforce development ltd Estimated Valuation
Pomanda estimates the enterprise value of LINCA WORKFORCE DEVELOPMENT LTD at £0 based on an EBITDA of £-2.3k and a 3.36x industry multiple (adjusted for size and gross margin).
linca workforce development ltd Estimated Valuation
Pomanda estimates the enterprise value of LINCA WORKFORCE DEVELOPMENT LTD at £18.4k based on Net Assets of £8.3k and 2.22x industry multiple (adjusted for liquidity).
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Linca Workforce Development Ltd Overview
Linca Workforce Development Ltd is a live company located in lincoln, LN2 4US with a Companies House number of 09373229. It operates in the other education n.e.c. sector, SIC Code 85590. Founded in January 2015, it's largest shareholder is lincolnshire care association limited with a 100% stake. Linca Workforce Development Ltd is a established, small sized company, Pomanda has estimated its turnover at £3.9m with rapid growth in recent years.
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Linca Workforce Development Ltd Health Check
Pomanda's financial health check has awarded Linca Workforce Development 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
1 Regular
4 Weak
Size
annual sales of £3.9m, make it larger than the average company (£501k)
- Linca Workforce Development Ltd
£501k - Industry AVG
Growth
3 year (CAGR) sales growth of 89%, show it is growing at a faster rate (6.4%)
- Linca Workforce Development Ltd
6.4% - Industry AVG
Production
with a gross margin of 30.8%, this company has a higher cost of product (56.6%)
- Linca Workforce Development Ltd
56.6% - Industry AVG
Profitability
an operating margin of -0.1% make it less profitable than the average company (4.8%)
- Linca Workforce Development Ltd
4.8% - Industry AVG
Employees
with 26 employees, this is above the industry average (12)
26 - Linca Workforce Development Ltd
12 - Industry AVG
Pay Structure
on an average salary of £29.6k, the company has an equivalent pay structure (£29.6k)
- Linca Workforce Development Ltd
£29.6k - Industry AVG
Efficiency
resulting in sales per employee of £151.3k, this is more efficient (£53.8k)
- Linca Workforce Development Ltd
£53.8k - Industry AVG
Debtor Days
it gets paid by customers after 126 days, this is later than average (18 days)
- Linca Workforce Development Ltd
18 days - Industry AVG
Creditor Days
its suppliers are paid after 36 days, this is slower than average (24 days)
- Linca Workforce Development Ltd
24 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Linca Workforce Development Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Linca Workforce Development Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.4%, this is a higher level of debt than the average (24.5%)
99.4% - Linca Workforce Development Ltd
24.5% - Industry AVG
LINCA WORKFORCE DEVELOPMENT LTD financials
Linca Workforce Development Ltd's latest turnover from December 2023 is estimated at £3.9 million and the company has net assets of £8.3 thousand. According to their latest financial statements, Linca Workforce Development Ltd has 26 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 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 | 26 | 26 | 25 | 24 | 21 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 1,362,467 | 90,756 | 893 | 73,116 | 228,861 | 155,141 | 194,664 | 125,480 | 84,638 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 523,075 | 365,146 | 261,179 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 413,813 | 231,890 | 230,042 | 0 | 0 | 0 | 0 | 13,482 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,362,467 | 1,027,644 | 597,929 | 564,337 | 228,861 | 155,141 | 194,664 | 125,480 | 98,120 |
| total assets | 1,362,467 | 1,027,644 | 597,929 | 564,337 | 228,861 | 155,141 | 194,664 | 125,480 | 98,120 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 269,515 | 159,296 | 7,123 | 14,297 | 59,835 | 8,739 | 21,825 | 13,276 | 98,307 |
| Group/Directors Accounts | 0 | 0 | 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 | 0 | 0 | 597,212 | 560,438 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 269,515 | 159,296 | 604,335 | 574,735 | 59,835 | 8,739 | 21,825 | 13,276 | 98,307 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 1,084,661 | 866,449 | 0 | 0 | 160,153 | 138,649 | 166,885 | 109,802 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 1,084,661 | 866,449 | 0 | 0 | 160,153 | 138,649 | 166,885 | 109,802 | 0 |
| total liabilities | 1,354,176 | 1,025,745 | 604,335 | 574,735 | 219,988 | 147,388 | 188,710 | 123,078 | 98,307 |
| net assets | 8,291 | 1,899 | -6,406 | -10,398 | 8,873 | 7,753 | 5,954 | 2,402 | -187 |
| total shareholders funds | 8,291 | 1,899 | -6,406 | -10,398 | 8,873 | 7,753 | 5,954 | 2,402 | -187 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 748,636 | 247,792 | 31,744 | 105,434 | 73,720 | -39,523 | 69,184 | 40,842 | 84,638 |
| Creditors | 110,219 | 152,173 | -7,174 | -45,538 | 51,096 | -13,086 | 8,549 | -85,031 | 98,307 |
| Accruals and Deferred Income | 218,212 | 269,237 | 36,774 | 400,285 | 21,504 | -28,236 | 57,083 | 109,802 | 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 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | -413,813 | 181,923 | 1,848 | 230,042 | 0 | 0 | 0 | -13,482 | 13,482 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -413,813 | 181,923 | 1,848 | 230,042 | 0 | 0 | 0 | -13,482 | 13,482 |
linca workforce development ltd Credit Report and Business Information
Linca Workforce Development Ltd Competitor Analysis
Perform a competitor analysis for linca workforce development ltd by selecting its closest rivals, whether from the EDUCATION sector, other small companies, companies in LN2 area or any other competitors across 12 key performance metrics.
linca workforce development ltd Ownership
LINCA WORKFORCE DEVELOPMENT LTD group structure
Linca Workforce Development Ltd has no subsidiary companies.
Ultimate parent company
1 parent
LINCA WORKFORCE DEVELOPMENT LTD
09373229
linca workforce development ltd directors
Linca Workforce Development Ltd currently has 3 directors. The longest serving directors include Mrs Melanie Weatherley (Jan 2015) and Mrs Melanie Weatherley (Jan 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Melanie Weatherley | England | 66 years | Jan 2015 | - | Director |
| Mrs Melanie Weatherley | England | 66 years | Jan 2015 | - | Director |
| Miss Caroline Dunagan | England | 63 years | Apr 2015 | - | Director |
P&L
December 2023turnover
3.9m
+458%
operating profit
-2.3k
0%
gross margin
30.8%
+3.4%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
8.3k
+3.37%
total assets
1.4m
+0.33%
cash
0
-1%
net assets
Total assets minus all liabilities
linca workforce development ltd company details
company number
09373229
Type
Private limited with Share Capital
industry
85590 - Other education n.e.c.
incorporation date
January 2015
age
10
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
greetwell place lime kiln way, lincoln, LN2 4US
Bank
-
Legal Advisor
-
linca workforce development 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 did not find charges/mortgages relating to linca workforce development ltd.
linca workforce development ltd 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.
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linca workforce development ltd Companies House Filings - See Documents
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