laurenko limited

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laurenko limited Company Information

Share LAURENKO LIMITED

Company Number

09393217

Shareholders

laurence keith kovacs

Group Structure

View All

Industry

Manufacture of other non-metallic mineral products n.e.c.

 

Registered Address

church court stourbridge road, halesowen, west midlands, B63 3TT

Website

-

laurenko limited Estimated Valuation

£55.5k

Pomanda estimates the enterprise value of LAURENKO LIMITED at £55.5k based on a Turnover of £144.4k and 0.38x industry multiple (adjusted for size and gross margin).

laurenko limited Estimated Valuation

£2.4k

Pomanda estimates the enterprise value of LAURENKO LIMITED at £2.4k based on an EBITDA of £944 and a 2.51x industry multiple (adjusted for size and gross margin).

laurenko limited Estimated Valuation

£0

Pomanda estimates the enterprise value of LAURENKO LIMITED at £0 based on Net Assets of £-44.6k and 1.78x industry multiple (adjusted for liquidity).

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Laurenko Limited Overview

Laurenko Limited is a live company located in west midlands, B63 3TT with a Companies House number of 09393217. It operates in the manufacture of other non-metallic mineral products n.e.c. sector, SIC Code 23990. Founded in January 2015, it's largest shareholder is laurence keith kovacs with a 100% stake. Laurenko Limited is a established, micro sized company, Pomanda has estimated its turnover at £144.4k with healthy growth in recent years.

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Laurenko Limited Health Check

Pomanda's financial health check has awarded Laurenko Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

2 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £144.4k, make it smaller than the average company (£30.4m)

£144.4k - Laurenko Limited

£30.4m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 14%, show it is growing at a similar rate (13.6%)

14% - Laurenko Limited

13.6% - Industry AVG

production

Production

with a gross margin of 15.6%, this company has a higher cost of product (23.3%)

15.6% - Laurenko Limited

23.3% - Industry AVG

profitability

Profitability

an operating margin of 0.7% make it less profitable than the average company (4.7%)

0.7% - Laurenko Limited

4.7% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (65)

1 - Laurenko Limited

65 - Industry AVG

paystructure

Pay Structure

on an average salary of £52.3k, the company has an equivalent pay structure (£52.3k)

£52.3k - Laurenko Limited

£52.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £144.4k, this is less efficient (£356.6k)

£144.4k - Laurenko Limited

£356.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 1 days, this is earlier than average (45 days)

1 days - Laurenko Limited

45 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 137 days, this is slower than average (37 days)

137 days - Laurenko Limited

37 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Laurenko Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Laurenko Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 3290.1%, this is a higher level of debt than the average (60.8%)

3290.1% - Laurenko Limited

60.8% - Industry AVG

LAURENKO LIMITED financials

EXPORTms excel logo

Laurenko Limited's latest turnover from March 2024 is estimated at £144.4 thousand and the company has net assets of -£44.6 thousand. According to their latest financial statements, Laurenko 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 2016
Turnover144,355113,921102,99898,39373,85199,61278,48618,4225
Other Income Or Grants
Cost Of Sales121,85897,67587,76884,25761,73482,93763,97815,3584
Gross Profit22,49716,24615,23014,13612,11716,67514,5083,0631
Admin Expenses21,55334,6596,93640,46810,8757,50533,203-623
Operating Profit944-18,4138,294-26,3321,2429,170-18,6953,6861
Interest Payable
Interest Receivable
Pre-Tax Profit944-18,4138,294-26,3321,2429,170-18,6953,6861
Tax-236-1,576-236-1,742-737
Profit After Tax708-18,4136,718-26,3321,0067,428-18,6952,9491
Dividends Paid
Retained Profit708-18,4136,718-26,3321,0067,428-18,6952,9491
Employee Costs52,29550,64348,21946,43542,70542,30341,72343,60942,908
Number Of Employees111111111
EBITDA*944-18,4138,294-26,3321,2429,170-18,6953,6861

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016
Tangible Assets7981,4312,0912,7877801,0404,7216,667
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets7981,4312,0912,7877801,0404,7216,667
Stock & work in progress
Trade Debtors6014489,8914,4421,70511,8651,8962,7971
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets6014489,8914,4421,70511,8651,8962,7971
total assets1,3991,87911,9827,2292,48512,9056,6179,4641
Bank overdraft
Bank loan
Trade Creditors 46,02943,71729,40725,3729,79621,22222,3626,514
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities46,02943,71729,40725,3729,79621,22222,3626,514
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities3,5009,50015,500
provisions
total long term liabilities3,5009,50015,500
total liabilities46,02947,21738,90740,8729,79621,22222,3626,514
net assets-44,630-45,338-26,925-33,643-7,311-8,317-15,7452,9501
total shareholders funds-44,630-45,338-26,925-33,643-7,311-8,317-15,7452,9501
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016
Operating Activities
Operating Profit944-18,4138,294-26,3321,2429,170-18,6953,6861
Depreciation
Amortisation
Tax-236-1,576-236-1,742-737
Stock
Debtors153-9,4435,4492,737-10,1609,969-9012,7961
Creditors2,31214,3104,03515,576-11,426-1,14015,8486,514
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations2,8675,3405,304-13,493-260-3,681-1,9466,667
Investing Activities
capital expenditure633660696-2,0072603,6811,946-6,667
Change in Investments
cash flow from investments633660696-2,0072603,6811,946-6,667
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-3,500-6,000-6,00015,500
share issue
interest
cash flow from financing-3,500-6,000-6,00015,500
cash and cash equivalents
cash
overdraft
change in cash

laurenko 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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Laurenko Limited Competitor Analysis

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Perform a competitor analysis for laurenko limited by selecting its closest rivals, whether from the MANUFACTURING sector, other micro companies, companies in B63 area or any other competitors across 12 key performance metrics.

laurenko limited Ownership

LAURENKO LIMITED group structure

Laurenko Limited has no subsidiary companies.

Ultimate parent company

LAURENKO LIMITED

09393217

LAURENKO LIMITED Shareholders

laurence keith kovacs 100%

laurenko limited directors

Laurenko Limited currently has 1 director, Laurence Kovacs serving since Jan 2015.

officercountryagestartendrole
Laurence KovacsEngland70 years Jan 2015- Director

P&L

March 2024

turnover

144.4k

+27%

operating profit

944

0%

gross margin

15.6%

+9.28%

turnover

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

Balance Sheet

March 2024

net assets

-44.6k

-0.02%

total assets

1.4k

-0.26%

cash

0

0%

net assets

Total assets minus all liabilities

laurenko limited company details

company number

09393217

Type

Private limited with Share Capital

industry

23990 - Manufacture of other non-metallic mineral products n.e.c.

incorporation date

January 2015

age

10

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2024

previous names

N/A

accountant

NICKLIN ACCOUNTANCY SERVICES LTD

auditor

-

address

church court stourbridge road, halesowen, west midlands, B63 3TT

Bank

-

Legal Advisor

-

laurenko 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 laurenko limited.

laurenko 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.

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laurenko limited Companies House Filings - See Documents

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