lasting classics limited
lasting classics limited Company Information
Company Number
09651340
Website
www.lastingclassics.co.ukRegistered Address
st. brelades hillfarrance, taunton, TA4 1AW
Industry
Retail trade of motor vehicle parts and accessories
Telephone
01823299750
Next Accounts Due
June 2025
Group Structure
View All
Shareholders
norbsa ltd 100%
lasting classics limited Estimated Valuation
Pomanda estimates the enterprise value of LASTING CLASSICS LIMITED at £28.8k based on a Turnover of £124k and 0.23x industry multiple (adjusted for size and gross margin).
lasting classics limited Estimated Valuation
Pomanda estimates the enterprise value of LASTING CLASSICS LIMITED at £2k based on an EBITDA of £636 and a 3.17x industry multiple (adjusted for size and gross margin).
lasting classics limited Estimated Valuation
Pomanda estimates the enterprise value of LASTING CLASSICS LIMITED at £0 based on Net Assets of £-19.2k and 2.84x industry multiple (adjusted for liquidity).
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Lasting Classics Limited Overview
Lasting Classics Limited is a live company located in taunton, TA4 1AW with a Companies House number of 09651340. It operates in the retail trade of motor vehicle parts and accessories sector, SIC Code 45320. Founded in June 2015, it's largest shareholder is norbsa ltd with a 100% stake. Lasting Classics Limited is a young, micro sized company, Pomanda has estimated its turnover at £124k with high growth in recent years.
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Lasting Classics Limited Health Check
Pomanda's financial health check has awarded Lasting Classics Limited a 2 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
3 Strong
1 Regular
6 Weak
Size
annual sales of £124k, make it smaller than the average company (£1.5m)
- Lasting Classics Limited
£1.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 17%, show it is growing at a faster rate (6.8%)
- Lasting Classics Limited
6.8% - Industry AVG
Production
with a gross margin of 17%, this company has a higher cost of product (28%)
- Lasting Classics Limited
28% - Industry AVG
Profitability
an operating margin of 0.5% make it less profitable than the average company (4%)
- Lasting Classics Limited
4% - Industry AVG
Employees
with 3 employees, this is below the industry average (17)
3 - Lasting Classics Limited
17 - Industry AVG
Pay Structure
on an average salary of £28.8k, the company has an equivalent pay structure (£28.8k)
- Lasting Classics Limited
£28.8k - Industry AVG
Efficiency
resulting in sales per employee of £41.3k, this is less efficient (£172.6k)
- Lasting Classics Limited
£172.6k - Industry AVG
Debtor Days
it gets paid by customers after 21 days, this is earlier than average (39 days)
- Lasting Classics Limited
39 days - Industry AVG
Creditor Days
its suppliers are paid after 98 days, this is slower than average (45 days)
- Lasting Classics Limited
45 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Lasting Classics Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Lasting Classics Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 322%, this is a higher level of debt than the average (67.2%)
322% - Lasting Classics Limited
67.2% - Industry AVG
LASTING CLASSICS LIMITED financials
Lasting Classics Limited's latest turnover from September 2023 is estimated at £124 thousand and the company has net assets of -£19.2 thousand. According to their latest financial statements, Lasting Classics Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | |
|---|---|---|---|---|---|---|---|---|
| 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 | 3 | 3 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,290 | 1,927 | 2,568 | 3,423 | 1,189 | 1,486 | 1,759 | 2,345 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,290 | 1,927 | 2,568 | 3,423 | 1,189 | 1,486 | 1,759 | 2,345 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 7,375 | 8,747 | 4,792 | 6,822 | 3,526 | 7,660 | 1,091 | 1,216 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 71 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 7,375 | 8,747 | 4,792 | 6,822 | 3,526 | 7,660 | 1,091 | 1,287 |
| total assets | 8,665 | 10,674 | 7,360 | 10,245 | 4,715 | 9,146 | 2,850 | 3,632 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 27,898 | 30,384 | 32,287 | 33,365 | 26,482 | 28,047 | 13,864 | 10,530 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 27,898 | 30,384 | 32,287 | 33,365 | 26,482 | 28,047 | 13,864 | 10,530 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 27,898 | 30,384 | 32,287 | 33,365 | 26,482 | 28,047 | 13,864 | 10,530 |
| net assets | -19,233 | -19,710 | -24,927 | -23,120 | -21,767 | -18,901 | -11,014 | -6,898 |
| total shareholders funds | -19,233 | -19,710 | -24,927 | -23,120 | -21,767 | -18,901 | -11,014 | -6,898 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 2,155 | |||||||
| Amortisation | 0 | |||||||
| Tax | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -1,372 | 3,955 | -2,030 | 3,296 | -4,134 | 6,569 | -125 | 1,216 |
| Creditors | -2,486 | -1,903 | -1,078 | 6,883 | -1,565 | 14,183 | 3,334 | 10,530 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 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 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | -71 | 71 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -71 | 71 |
lasting classics limited Credit Report and Business Information
Lasting Classics Limited Competitor Analysis
Perform a competitor analysis for lasting classics limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in TA4 area or any other competitors across 12 key performance metrics.
lasting classics limited Ownership
LASTING CLASSICS LIMITED group structure
Lasting Classics Limited has no subsidiary companies.
lasting classics limited directors
Lasting Classics Limited currently has 3 directors. The longest serving directors include Mr Martin Neale (Jun 2015) and Mr Christopher Neale (Jun 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Martin Neale | United Kingdom | 65 years | Jun 2015 | - | Director |
| Mr Christopher Neale | United Kingdom | 36 years | Jun 2015 | - | Director |
| Mr Jonathan Neale | United Kingdom | 33 years | Jan 2018 | - | Director |
P&L
September 2023turnover
124k
+6%
operating profit
636
0%
gross margin
17.1%
+9.19%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
-19.2k
-0.02%
total assets
8.7k
-0.19%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
lasting classics limited company details
company number
09651340
Type
Private limited with Share Capital
industry
45320 - Retail trade of motor vehicle parts and accessories
incorporation date
June 2015
age
9
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
September 2023
previous names
N/A
accountant
-
auditor
-
address
st. brelades hillfarrance, taunton, TA4 1AW
Bank
-
Legal Advisor
-
lasting classics 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 lasting classics limited.
lasting classics limited Companies House Filings - See Documents
| date | description | view/download |
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