lee projects (crank) ltd

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lee projects (crank) ltd Company Information

Share LEE PROJECTS (CRANK) LTD

Company Number

09640547

Directors

Julie Lee

John Lee

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Shareholders

julie lee

john joseph lee

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Group Structure

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Industry

Other business support service activities n.e.c.

 

Registered Address

17 st peters place, fleetwood, lancashire, FY7 6EB

Website

-

lee projects (crank) ltd Estimated Valuation

£85.9k

Pomanda estimates the enterprise value of LEE PROJECTS (CRANK) LTD at £85.9k based on a Turnover of £218.6k and 0.39x industry multiple (adjusted for size and gross margin).

lee projects (crank) ltd Estimated Valuation

£35.3k

Pomanda estimates the enterprise value of LEE PROJECTS (CRANK) LTD at £35.3k based on an EBITDA of £12.3k and a 2.88x industry multiple (adjusted for size and gross margin).

lee projects (crank) ltd Estimated Valuation

£1.2m

Pomanda estimates the enterprise value of LEE PROJECTS (CRANK) LTD at £1.2m based on Net Assets of £543.1k and 2.13x industry multiple (adjusted for liquidity).

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Lee Projects (crank) Ltd Overview

Lee Projects (crank) Ltd is a live company located in lancashire, FY7 6EB with a Companies House number of 09640547. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in June 2015, it's largest shareholder is julie lee with a 45.5% stake. Lee Projects (crank) Ltd is a established, micro sized company, Pomanda has estimated its turnover at £218.6k with declining growth in recent years.

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Lee Projects (crank) Ltd Health Check

Pomanda's financial health check has awarded Lee Projects (Crank) Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £218.6k, make it smaller than the average company (£4.3m)

£218.6k - Lee Projects (crank) Ltd

£4.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -30%, show it is growing at a slower rate (9.2%)

-30% - Lee Projects (crank) Ltd

9.2% - Industry AVG

production

Production

with a gross margin of 17%, this company has a higher cost of product (37.9%)

17% - Lee Projects (crank) Ltd

37.9% - Industry AVG

profitability

Profitability

an operating margin of 5.6% make it as profitable than the average company (5.5%)

5.6% - Lee Projects (crank) Ltd

5.5% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (25)

2 - Lee Projects (crank) Ltd

25 - Industry AVG

paystructure

Pay Structure

on an average salary of £51k, the company has an equivalent pay structure (£51k)

£51k - Lee Projects (crank) Ltd

£51k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £109.3k, this is less efficient (£157.5k)

£109.3k - Lee Projects (crank) Ltd

£157.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 26 days, this is earlier than average (38 days)

26 days - Lee Projects (crank) Ltd

38 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 299 days, this is slower than average (31 days)

299 days - Lee Projects (crank) Ltd

31 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Lee Projects (crank) Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Lee Projects (crank) Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 22.7%, this is a lower level of debt than the average (59.8%)

22.7% - Lee Projects (crank) Ltd

59.8% - Industry AVG

LEE PROJECTS (CRANK) LTD financials

EXPORTms excel logo

Lee Projects (Crank) Ltd's latest turnover from June 2024 is estimated at £218.6 thousand and the company has net assets of £543.1 thousand. According to their latest financial statements, Lee Projects (Crank) Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016
Turnover218,556250,554503,710641,3551,000,2542,612,6132,530,2073,618,5591,263,933
Other Income Or Grants
Cost Of Sales181,431206,675419,663541,640829,4392,173,9132,107,7942,991,8751,042,435
Gross Profit37,12543,87984,04799,716170,815438,700422,413626,684221,498
Admin Expenses24,84548,781109,950165,299-584,355422,609423,434635,223202,640
Operating Profit12,280-4,902-25,903-65,583755,17016,091-1,021-8,53918,858
Interest Payable
Interest Receivable2755
Pre-Tax Profit12,280-4,902-25,903-65,583755,17016,091-1,021-8,51218,913
Tax-3,070-143,482-3,057-3,782
Profit After Tax9,210-4,902-25,903-65,583611,68813,034-1,021-8,51215,130
Dividends Paid
Retained Profit9,210-4,902-25,903-65,583611,68813,034-1,021-8,51215,130
Employee Costs102,04896,76691,38085,74484,46283,79878,750497,614191,888
Number Of Employees2222222135
EBITDA*12,280-4,902-25,903-65,583755,17016,091-1,021-8,53918,858

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016
Tangible Assets686,936689,131691,325713,714321,175
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets686,936689,131691,325713,714321,175
Stock & work in progress840,454
Trade Debtors15,95230,128136,774186,286458,149981,161971,608959,56417,958
Group Debtors
Misc Debtors63582100
Cash21,898
misc current assets1,9294,648
total current assets15,95230,128136,774186,286458,212981,743973,537964,212880,410
total assets702,888719,259828,099900,000779,387981,743973,537964,212880,410
Bank overdraft
Bank loan
Trade Creditors 148,881173,185277,340323,820137,692961,741958,262956,559865,180
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities148,881173,185277,340323,820137,692961,741958,262956,559865,180
loans
hp & lease commitments
Accruals and Deferred Income10,86612,14311,92611,44411,3761,3719,6781,035
other liabilities
provisions
total long term liabilities10,86612,14311,92611,44411,3761,3719,6781,035
total liabilities159,747185,328289,266335,264149,068963,112967,940957,594865,180
net assets543,141533,931538,833564,736630,31918,6315,5976,61815,230
total shareholders funds543,141533,931538,833564,736630,31918,6315,5976,61815,230
Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016
Operating Activities
Operating Profit12,280-4,902-25,903-65,583755,17016,091-1,021-8,53918,858
Depreciation
Amortisation
Tax-3,070-143,482-3,057-3,782
Stock-840,454840,454
Debtors-14,176-106,646-49,512-271,926-523,53110,13512,044941,50618,058
Creditors-24,304-104,155-46,480186,128-824,0493,4791,70391,379865,180
Accruals and Deferred Income-1,2772174826810,005-8,3078,6431,035
Deferred Taxes & Provisions
Cash flow from operations-2,195-2,194-22,389392,539321,175-1,929-2,719-17,17721,744
Investing Activities
capital expenditure2,1952,19422,389-392,539-321,175
Change in Investments
cash flow from investments2,1952,19422,389-392,539-321,175
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue-100100
interest2755
cash flow from financing-73155
cash and cash equivalents
cash-21,89821,898
overdraft
change in cash-21,89821,898

lee projects (crank) ltd 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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Lee Projects (crank) Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for lee projects (crank) ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in FY7 area or any other competitors across 12 key performance metrics.

lee projects (crank) ltd Ownership

LEE PROJECTS (CRANK) LTD group structure

Lee Projects (Crank) Ltd has no subsidiary companies.

Ultimate parent company

LEE PROJECTS (CRANK) LTD

09640547

LEE PROJECTS (CRANK) LTD Shareholders

julie lee 45.5%
john joseph lee 45.5%
chelsey jenna lee 6.5%
ethan benjamin lee 2.5%

lee projects (crank) ltd directors

Lee Projects (Crank) Ltd currently has 3 directors. The longest serving directors include Mrs Julie Lee (Jun 2015) and Mr John Lee (Jun 2015).

officercountryagestartendrole
Mrs Julie LeeEngland56 years Jun 2015- Director
Mr John LeeEngland59 years Jun 2015- Director
Ms Chelsey LeeEngland32 years Jan 2021- Director

P&L

June 2024

turnover

218.6k

-13%

operating profit

12.3k

0%

gross margin

17%

-3%

turnover

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

Balance Sheet

June 2024

net assets

543.1k

+0.02%

total assets

702.9k

-0.02%

cash

0

0%

net assets

Total assets minus all liabilities

lee projects (crank) ltd company details

company number

09640547

Type

Private limited with Share Capital

industry

82990 - Other business support service activities n.e.c.

incorporation date

June 2015

age

10

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

June 2024

previous names

machet ltd (February 2021)

accountant

JONES HARRIS LIMITED

auditor

-

address

17 st peters place, fleetwood, lancashire, FY7 6EB

Bank

-

Legal Advisor

-

lee projects (crank) 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 lee projects (crank) ltd.

lee projects (crank) 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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lee projects (crank) ltd Companies House Filings - See Documents

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