lf (no 2) limited

0.5

lf (no 2) limited Company Information

Share LF (NO 2) LIMITED
Live 
YoungMicroDeclining

Company Number

09484256

Website

-

Registered Address

7 john feeney arcade, post & mail, birmingham, west midlands, B4 6FE

Industry

Development of building projects

 

Telephone

-

Next Accounts Due

November 2024

Group Structure

View All

Directors

Alan Chatham9 Years

Mark Billingham9 Years

Shareholders

alan chatham 50%

mark billingham 50%

lf (no 2) limited Estimated Valuation

£110.4k

Pomanda estimates the enterprise value of LF (NO 2) LIMITED at £110.4k based on a Turnover of £229.7k and 0.48x industry multiple (adjusted for size and gross margin).

lf (no 2) limited Estimated Valuation

£0

Pomanda estimates the enterprise value of LF (NO 2) LIMITED at £0 based on an EBITDA of £-3.4k and a 3.65x industry multiple (adjusted for size and gross margin).

lf (no 2) limited Estimated Valuation

£0

Pomanda estimates the enterprise value of LF (NO 2) LIMITED at £0 based on Net Assets of £-3.6k and 1.49x industry multiple (adjusted for liquidity).

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Lf (no 2) Limited Overview

Lf (no 2) Limited is a live company located in birmingham, B4 6FE with a Companies House number of 09484256. It operates in the development of building projects sector, SIC Code 41100. Founded in March 2015, it's largest shareholder is alan chatham with a 50% stake. Lf (no 2) Limited is a young, micro sized company, Pomanda has estimated its turnover at £229.7k with declining growth in recent years.

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Lf (no 2) Limited Health Check

Pomanda's financial health check has awarded Lf (No 2) Limited a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 8 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating0.5out of 5
positive_score

0 Strong

positive_score

2 Regular

positive_score

8 Weak

size

Size

annual sales of £229.7k, make it smaller than the average company (£1.9m)

£229.7k - Lf (no 2) Limited

£1.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -56%, show it is growing at a slower rate (1.9%)

-56% - Lf (no 2) Limited

1.9% - Industry AVG

production

Production

with a gross margin of 25.4%, this company has a comparable cost of product (25.4%)

25.4% - Lf (no 2) Limited

25.4% - Industry AVG

profitability

Profitability

an operating margin of -1.5% make it less profitable than the average company (8.6%)

-1.5% - Lf (no 2) Limited

8.6% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (6)

2 - Lf (no 2) Limited

6 - Industry AVG

paystructure

Pay Structure

on an average salary of £45.7k, the company has an equivalent pay structure (£45.7k)

£45.7k - Lf (no 2) Limited

£45.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £114.8k, this is less efficient (£262.3k)

£114.8k - Lf (no 2) Limited

£262.3k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Lf (no 2) Limited

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 6 days, this is quicker than average (32 days)

6 days - Lf (no 2) Limited

32 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Lf (no 2) Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (13 weeks)

1 weeks - Lf (no 2) Limited

13 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 175.8%, this is a higher level of debt than the average (74.4%)

175.8% - Lf (no 2) Limited

74.4% - Industry AVG

LF (NO 2) LIMITED financials

EXPORTms excel logo

Lf (No 2) Limited's latest turnover from February 2023 is estimated at £229.7 thousand and the company has net assets of -£3.6 thousand. According to their latest financial statements, Lf (No 2) Limited has 2 employees and maintains cash reserves of £281 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016
Turnover229,679002,619,3350000
Other Income Or Grants00000000
Cost Of Sales171,29300283,8560000
Gross Profit58,386002,335,4790000
Admin Expenses61,7453,2616,75144,0601,744453100
Operating Profit-3,359-3,261-6,7512,291,419-1,744-453-100
Interest Payable00000000
Interest Receivable13400250000
Pre-Tax Profit-3,225-3,261-6,7512,291,444-1,744-453-100
Tax001,282-186,8400000
Profit After Tax-3,225-3,261-5,4692,104,604-1,744-453-100
Dividends Paid05,000240,0001,850,0000000
Retained Profit-3,225-8,261-245,469254,604-1,744-453-100
Employee Costs91,33089,00787,67587,0940000
Number Of Employees22225555
EBITDA*-3,359-3,261-6,7512,291,419-1,744-453-100

* Earnings Before Interest, Tax, Depreciation and Amortisation

Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016
Tangible Assets00000000
Intangible Assets00000000
Investments & Other1,9790000000
Debtors (Due After 1 year)00000000
Total Fixed Assets1,9790000000
Stock & work in progress0000244,887110,20051,70535,728
Trade Debtors00000000
Group Debtors00000000
Misc Debtors2,4322,2822,2821,0184,8594,8741,0008,146
Cash2816,41014,428444,01952,1745882,28550,000
misc current assets00000000
total current assets2,7138,69216,710445,037301,920115,66254,99093,874
total assets4,6928,69216,710445,037301,920115,66254,99093,874
Bank overdraft00000000
Bank loan00000000
Trade Creditors 3,1500000000
Group/Directors Accounts0000300,000103,00054,00092,874
other short term finances00000000
hp & lease commitments00000000
other current liabilities5,1009,0258,782191,6403,12712,12500
total current liabilities8,2509,0258,782191,640303,127115,12554,00092,874
loans00000000
hp & lease commitments00000000
Accruals and Deferred Income00000000
other liabilities00000000
provisions00000000
total long term liabilities00000000
total liabilities8,2509,0258,782191,640303,127115,12554,00092,874
net assets-3,558-3337,928253,397-1,2075379901,000
total shareholders funds-3,558-3337,928253,397-1,2075379901,000
Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016
Operating Activities
Operating Profit-3,359-3,261-6,7512,291,419-1,744-453-100
Depreciation00000000
Amortisation00000000
Tax001,282-186,8400000
Stock000-244,887134,68758,49515,97735,728
Debtors15001,264-3,841-153,874-7,1468,146
Creditors3,1500000000
Accruals and Deferred Income-3,925243-182,858188,513-8,99812,12500
Deferred Taxes & Provisions00000000
Cash flow from operations-4,284-3,018-189,5912,541,820-145,414-50,697-8,841-43,874
Investing Activities
capital expenditure0000197,00049,0004,00051,000
Change in Investments1,9790000000
cash flow from investments-1,979000197,00049,0004,00051,000
Financing Activities
Bank loans00000000
Group/Directors Accounts000-300,000197,00049,000-38,87492,874
Other Short Term Loans 00000000
Long term loans00000000
Hire Purchase and Lease Commitments00000000
other long term liabilities00000000
share issue00000001,000
interest13400250000
cash flow from financing13400-299,975197,00049,000-38,87493,874
cash and cash equivalents
cash-6,129-8,018-429,591391,84551,586-1,697-47,71550,000
overdraft00000000
change in cash-6,129-8,018-429,591391,84551,586-1,697-47,71550,000

lf (no 2) 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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Lf (no 2) Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for lf (no 2) limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in B 4 area or any other competitors across 12 key performance metrics.

lf (no 2) limited Ownership

LF (NO 2) LIMITED group structure

Lf (No 2) Limited has 1 subsidiary company.

Ultimate parent company

LF (NO 2) LIMITED

09484256

1 subsidiary

LF (NO 2) LIMITED Shareholders

alan chatham 50%
mark billingham 50%

lf (no 2) limited directors

Lf (No 2) Limited currently has 2 directors. The longest serving directors include Mr Alan Chatham (Mar 2015) and Mr Mark Billingham (Mar 2015).

officercountryagestartendrole
Mr Alan ChathamUnited Kingdom68 years Mar 2015- Director
Mr Mark Billingham63 years Mar 2015- Director

P&L

February 2023

turnover

229.7k

0%

operating profit

-3.4k

0%

gross margin

25.5%

0%

turnover

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

Balance Sheet

February 2023

net assets

-3.6k

+9.68%

total assets

4.7k

-0.46%

cash

281

-0.96%

net assets

Total assets minus all liabilities

lf (no 2) limited company details

company number

09484256

Type

Private limited with Share Capital

industry

41100 - Development of building projects

incorporation date

March 2015

age

9

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

February 2023

previous names

N/A

accountant

DAINS AUDIT LIMITED

auditor

-

address

7 john feeney arcade, post & mail, birmingham, west midlands, B4 6FE

Bank

-

Legal Advisor

-

lf (no 2) 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 lf (no 2) limited.

charges

lf (no 2) limited Companies House Filings - See Documents

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