ltc otb limited
ltc otb limited Company Information
Company Number
09708551
Next Accounts
Jun 2025
Shareholders
london theatre company holdings limited
Group Structure
View All
Industry
Artistic creation
Registered Address
c/o womble bond dickinson (uk) l, 4 more london riverside, london, SE1 2AU
Website
-ltc otb limited Estimated Valuation
Pomanda estimates the enterprise value of LTC OTB LIMITED at £19.7m based on a Turnover of £26.3m and 0.75x industry multiple (adjusted for size and gross margin).
ltc otb limited Estimated Valuation
Pomanda estimates the enterprise value of LTC OTB LIMITED at £3m based on an EBITDA of £279.2k and a 10.61x industry multiple (adjusted for size and gross margin).
ltc otb limited Estimated Valuation
Pomanda estimates the enterprise value of LTC OTB LIMITED at £0 based on Net Assets of £-438.6k and 0.92x industry multiple (adjusted for liquidity).
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Ltc Otb Limited Overview
Ltc Otb Limited is a live company located in london, SE1 2AU with a Companies House number of 09708551. It operates in the artistic creation sector, SIC Code 90030. Founded in July 2015, it's largest shareholder is london theatre company holdings limited with a 100% stake. Ltc Otb Limited is a established, large sized company, Pomanda has estimated its turnover at £26.3m with rapid growth in recent years.
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Ltc Otb Limited Health Check
Pomanda's financial health check has awarded Ltc Otb Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
4 Weak
Size
annual sales of £26.3m, make it larger than the average company (£314.2k)
- Ltc Otb Limited
£314.2k - Industry AVG
Growth
3 year (CAGR) sales growth of 113%, show it is growing at a faster rate (5.8%)
- Ltc Otb Limited
5.8% - Industry AVG
Production
with a gross margin of 56.7%, this company has a comparable cost of product (56.7%)
- Ltc Otb Limited
56.7% - Industry AVG
Profitability
an operating margin of 0% make it less profitable than the average company (6.6%)
- Ltc Otb Limited
6.6% - Industry AVG
Employees
with 2 employees, this is below the industry average (5)
2 - Ltc Otb Limited
5 - Industry AVG
Pay Structure
on an average salary of £26.9k, the company has an equivalent pay structure (£26.9k)
- Ltc Otb Limited
£26.9k - Industry AVG
Efficiency
resulting in sales per employee of £13.1m, this is more efficient (£77.5k)
- Ltc Otb Limited
£77.5k - Industry AVG
Debtor Days
it gets paid by customers after 32 days, this is later than average (16 days)
- Ltc Otb Limited
16 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Ltc Otb Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Ltc Otb Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Ltc Otb Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 102.9%, this is a higher level of debt than the average (36.7%)
102.9% - Ltc Otb Limited
36.7% - Industry AVG
LTC OTB LIMITED financials
Ltc Otb Limited's latest turnover from September 2023 is estimated at £26.3 million and the company has net assets of -£438.6 thousand. According to their latest financial statements, Ltc Otb Limited has 2 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 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| 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 | 12,766,621 | 13,048,555 | 13,393,441 | 13,720,068 | 14,061,252 | 14,398,417 | 13,021,824 | 4,151,224 |
| Intangible Assets | ||||||||
| Investments & Other | ||||||||
| Debtors (Due After 1 year) | 329,741 | |||||||
| Total Fixed Assets | 12,766,621 | 13,048,555 | 13,393,441 | 13,720,068 | 14,061,252 | 14,398,417 | 13,351,565 | 4,151,224 |
| Stock & work in progress | ||||||||
| Trade Debtors | 2,326,160 | 1,601,929 | 817,182 | 298,000 | 978,295 | 27,268 | 109,196 | |
| Group Debtors | ||||||||
| Misc Debtors | 229,345 | 1,106,361 | ||||||
| Cash | ||||||||
| misc current assets | ||||||||
| total current assets | 2,326,160 | 1,601,929 | 817,182 | 298,000 | 978,295 | 27,268 | 229,345 | 1,215,557 |
| total assets | 15,092,781 | 14,650,484 | 14,210,623 | 14,018,068 | 15,039,547 | 14,425,685 | 13,580,910 | 5,366,781 |
| Bank overdraft | ||||||||
| Bank loan | ||||||||
| Trade Creditors | 138,000 | 304,500 | 123,000 | 31,165 | 156,540 | |||
| Group/Directors Accounts | 14,665,192 | 14,058,299 | 13,729,735 | 13,218,766 | 14,424,129 | 5,213,090 | ||
| other short term finances | ||||||||
| hp & lease commitments | ||||||||
| other current liabilities | 26,986 | 5,532 | 5,000 | 2,277 | 6,250 | 281,357 | 69,559 | 4,401 |
| total current liabilities | 14,692,178 | 14,201,831 | 13,734,735 | 13,525,543 | 14,553,379 | 281,357 | 100,724 | 5,374,031 |
| loans | 13,820,799 | 13,251,170 | ||||||
| hp & lease commitments | ||||||||
| Accruals and Deferred Income | 839,208 | 884,535 | 898,428 | 912,317 | 899,003 | 767,644 | 327,785 | |
| other liabilities | ||||||||
| provisions | ||||||||
| total long term liabilities | 839,208 | 884,535 | 898,428 | 912,317 | 899,003 | 14,588,443 | 13,578,955 | |
| total liabilities | 15,531,386 | 15,086,366 | 14,633,163 | 14,437,860 | 15,452,382 | 14,869,800 | 13,679,679 | 5,374,031 |
| net assets | -438,605 | -435,882 | -422,540 | -419,792 | -412,835 | -444,115 | -98,769 | -7,250 |
| total shareholders funds | -438,605 | -435,882 | -422,540 | -419,792 | -412,835 | -444,115 | -98,769 | -7,250 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 281,934 | 344,885 | 344,297 | 341,351 | 338,905 | |||
| Amortisation | ||||||||
| Tax | ||||||||
| Stock | ||||||||
| Debtors | 724,231 | 784,747 | 519,182 | -680,295 | 951,027 | -531,818 | -656,471 | 1,215,557 |
| Creditors | -138,000 | 138,000 | -304,500 | 181,500 | 123,000 | -31,165 | -125,375 | 156,540 |
| Accruals and Deferred Income | -23,873 | -13,361 | -11,166 | 9,341 | -143,748 | 651,657 | 392,943 | 4,401 |
| Deferred Taxes & Provisions | ||||||||
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | ||||||||
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | ||||||||
| Group/Directors Accounts | 606,893 | 328,564 | 510,969 | -1,205,363 | 14,424,129 | -5,213,090 | 5,213,090 | |
| Other Short Term Loans | ||||||||
| Long term loans | -13,820,799 | 569,629 | 13,251,170 | |||||
| Hire Purchase and Lease Commitments | ||||||||
| other long term liabilities | ||||||||
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | ||||||||
| overdraft | ||||||||
| change in cash |
ltc otb limited Credit Report and Business Information
Ltc Otb Limited Competitor Analysis
Perform a competitor analysis for ltc otb limited by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other large companies, companies in SE1 area or any other competitors across 12 key performance metrics.
ltc otb limited Ownership
LTC OTB LIMITED group structure
Ltc Otb Limited has no subsidiary companies.
Ultimate parent company
1 parent
LTC OTB LIMITED
09708551
ltc otb limited directors
Ltc Otb Limited currently has 2 directors. The longest serving directors include Mr Nicholas Starr (Jul 2015) and Mr Nicholas Hytner (Jul 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nicholas Starr | 67 years | Jul 2015 | - | Director | |
| Mr Nicholas Hytner | United Kingdom | 68 years | Jul 2015 | - | Director |
P&L
September 2023turnover
26.3m
+93%
operating profit
-2.7k
0%
gross margin
56.8%
-2.03%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
-438.6k
+0.01%
total assets
15.1m
+0.03%
cash
0
0%
net assets
Total assets minus all liabilities
ltc otb limited company details
company number
09708551
Type
Private limited with Share Capital
industry
90030 - Artistic creation
incorporation date
July 2015
age
10
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
September 2023
previous names
N/A
accountant
BKL AUDIT LLP
auditor
-
address
c/o womble bond dickinson (uk) l, 4 more london riverside, london, SE1 2AU
Bank
-
Legal Advisor
-
ltc otb 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 found 1 charges/mortgages relating to ltc otb limited. Currently there are 1 open charges and 0 have been satisfied in the past.
ltc otb 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.
Click to start generating capital raising & share issue transactions for LTC OTB LIMITED. This can take several minutes, an email will notify you when this has completed.
ltc otb limited Companies House Filings - See Documents
| date | description | view/download |
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