luxury venues limited

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luxury venues limited Company Information

Share LUXURY VENUES LIMITED

Company Number

09477478

Directors

Gurdeep Heer

Shareholders

gurdeep singh heer

Group Structure

View All

Industry

Other reservation service and related activities (not including activities of tourist guides)

 

Registered Address

2 lyon close, wigston, leicestershire, LE18 2BJ

luxury venues limited Estimated Valuation

£81.9k

Pomanda estimates the enterprise value of LUXURY VENUES LIMITED at £81.9k based on a Turnover of £138.1k and 0.59x industry multiple (adjusted for size and gross margin).

luxury venues limited Estimated Valuation

£66.6k

Pomanda estimates the enterprise value of LUXURY VENUES LIMITED at £66.6k based on an EBITDA of £15.5k and a 4.29x industry multiple (adjusted for size and gross margin).

luxury venues limited Estimated Valuation

£7.5k

Pomanda estimates the enterprise value of LUXURY VENUES LIMITED at £7.5k based on Net Assets of £3.1k and 2.43x industry multiple (adjusted for liquidity).

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Luxury Venues Limited Overview

Luxury Venues Limited is a live company located in leicestershire, LE18 2BJ with a Companies House number of 09477478. It operates in the other reservation service activities n.e.c. sector, SIC Code 79909. Founded in March 2015, it's largest shareholder is gurdeep singh heer with a 100% stake. Luxury Venues Limited is a established, micro sized company, Pomanda has estimated its turnover at £138.1k with rapid growth in recent years.

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Luxury Venues Limited Health Check

Pomanda's financial health check has awarded Luxury Venues Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2.5out of 5
positive_score

3 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £138.1k, make it smaller than the average company (£1.4m)

£138.1k - Luxury Venues Limited

£1.4m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 54%, show it is growing at a faster rate (-0.9%)

54% - Luxury Venues Limited

-0.9% - Industry AVG

production

Production

with a gross margin of 17.3%, this company has a higher cost of product (38.8%)

17.3% - Luxury Venues Limited

38.8% - Industry AVG

profitability

Profitability

an operating margin of 11.3% make it more profitable than the average company (5.7%)

11.3% - Luxury Venues Limited

5.7% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (11)

2 - Luxury Venues Limited

11 - Industry AVG

paystructure

Pay Structure

on an average salary of £32.6k, the company has an equivalent pay structure (£32.6k)

£32.6k - Luxury Venues Limited

£32.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £69k, this is less efficient (£110.7k)

£69k - Luxury Venues Limited

£110.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 121 days, this is later than average (31 days)

121 days - Luxury Venues Limited

31 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 112 days, this is slower than average (33 days)

112 days - Luxury Venues Limited

33 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Luxury Venues Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Luxury Venues Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 94.1%, this is a higher level of debt than the average (67.6%)

94.1% - Luxury Venues Limited

67.6% - Industry AVG

LUXURY VENUES LIMITED financials

EXPORTms excel logo

Luxury Venues Limited's latest turnover from March 2023 is estimated at £138.1 thousand and the company has net assets of £3.1 thousand. According to their latest financial statements, Luxury Venues Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016
Turnover138,06273,53942,94038,12121,50038,83389,9317,588
Other Income Or Grants
Cost Of Sales114,12457,20337,32231,95419,00333,65379,9216,512
Gross Profit23,93816,3365,6196,1672,4985,18010,0101,076
Admin Expenses8,40028,56811,9867,051-9,01920,00816,461-26,293
Operating Profit15,538-12,232-6,367-88411,517-14,828-6,45127,369
Interest Payable
Interest Receivable816
Pre-Tax Profit15,538-12,232-6,367-88411,517-14,828-6,44327,385
Tax-2,952-2,188-5,477
Profit After Tax12,586-12,232-6,367-8849,329-14,828-6,44321,908
Dividends Paid
Retained Profit12,586-12,232-6,367-8849,329-14,828-6,44321,908
Employee Costs65,16431,02531,42631,17028,15028,61926,63324,456
Number Of Employees21111111
EBITDA*15,538-12,232-6,367-88411,517-14,828-6,45132,664

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016
Tangible Assets5,95611,31618,51818,43522,52516,37618,79821,180
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets5,95611,31618,51818,43522,52516,37618,79821,180
Stock & work in progress
Trade Debtors45,80241,75520,3108,3103,9785,79821,616
Group Debtors
Misc Debtors
Cash6,592
misc current assets
total current assets45,80241,75520,3108,3103,9785,79821,6166,592
total assets51,75853,07138,82826,74526,50322,17440,41427,772
Bank overdraft
Bank loan
Trade Creditors 35,06343,83412,59414,16012,25718,42621,1895,114
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities35,06343,83412,59414,16012,25718,42621,1895,114
loans
hp & lease commitments
Accruals and Deferred Income650
other liabilities12,49516,60420,000
provisions1,1312,1503,5193,5034,2803,1113,760
total long term liabilities13,62618,75423,5193,5034,2803,1113,760650
total liabilities48,68962,58836,11317,66316,53721,53724,9495,764
net assets3,069-9,5172,7159,0829,96663715,46522,008
total shareholders funds3,069-9,5172,7159,0829,96663715,46522,008
Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016
Operating Activities
Operating Profit15,538-12,232-6,367-88411,517-14,828-6,45127,369
Depreciation5,295
Amortisation
Tax-2,952-2,188-5,477
Stock
Debtors4,04721,44512,0004,332-1,820-15,81821,616
Creditors-8,77131,240-1,5661,903-6,169-2,76316,0755,114
Accruals and Deferred Income-650650
Deferred Taxes & Provisions-1,019-1,36916-7771,169-6493,760
Cash flow from operations-1,251-3,806-19,917-4,0906,149-2,422-8,88232,951
Investing Activities
capital expenditure5,3607,202-834,090-6,1492,4222,382-26,475
Change in Investments
cash flow from investments5,3607,202-834,090-6,1492,4222,382-26,475
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-4,109-3,39620,000
share issue-100100
interest816
cash flow from financing-4,109-3,39620,000-92116
cash and cash equivalents
cash-6,5926,592
overdraft
change in cash-6,5926,592

luxury venues 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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Luxury Venues Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for luxury venues limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in LE18 area or any other competitors across 12 key performance metrics.

luxury venues limited Ownership

LUXURY VENUES LIMITED group structure

Luxury Venues Limited has no subsidiary companies.

Ultimate parent company

LUXURY VENUES LIMITED

09477478

LUXURY VENUES LIMITED Shareholders

gurdeep singh heer 100%

luxury venues limited directors

Luxury Venues Limited currently has 1 director, Mr Gurdeep Heer serving since Mar 2015.

officercountryagestartendrole
Mr Gurdeep HeerEngland34 years Mar 2015- Director

P&L

March 2023

turnover

138.1k

+88%

operating profit

15.5k

0%

gross margin

17.4%

-21.95%

turnover

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

Balance Sheet

March 2023

net assets

3.1k

-1.32%

total assets

51.8k

-0.02%

cash

0

0%

net assets

Total assets minus all liabilities

luxury venues limited company details

company number

09477478

Type

Private limited with Share Capital

industry

79909 - Other reservation service and related activities (not including activities of tourist guides)

incorporation date

March 2015

age

10

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2023

previous names

N/A

accountant

-

auditor

-

address

2 lyon close, wigston, leicestershire, LE18 2BJ

Bank

-

Legal Advisor

-

luxury venues 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 luxury venues limited.

luxury venues 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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luxury venues limited Companies House Filings - See Documents

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