Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Registered Address
unit d10 upper lounge, pinetrees road, norwich, NR7 9BB
Website
-
lomax properties limitedEstimated Valuation
£2.9m
Pomanda estimates the enterprise value of LOMAX PROPERTIES LIMITED at £2.9m based on a Turnover of £1.2m and 2.46x industry multiple (adjusted for size and gross margin).
lomax properties limitedEstimated Valuation
£527.7k
Pomanda estimates the enterprise value of LOMAX PROPERTIES LIMITED at £527.7k based on an EBITDA of £109.6k and a 4.81x industry multiple (adjusted for size and gross margin).
lomax properties limitedEstimated Valuation
£934.5k
Pomanda estimates the enterprise value of LOMAX PROPERTIES LIMITED at £934.5k based on Net Assets of £535.3k and 1.75x industry multiple (adjusted for liquidity).
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Lomax Properties LimitedOverview
Lomax Properties Limited is a live company located in norwich, NR7 9BB with a Companies House number of 09728622. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in August 2015, it's largest shareholder is
david lomax
with a 51% stake. Lomax Properties Limited is a established,
small sized company, Pomanda has estimated its turnover at
£1.2m with
declining
growth in recent years.
Pomanda's financial health check has awarded Lomax Properties Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
2 Strong
1 Regular
7 Weak
Size
annual sales of £1.2m, make it larger than the average company (£847.4k)
£1.2m - Lomax Properties Limited
£847.4k - Industry AVG
Growth
3 year (CAGR) sales growth of -31%, show it is growing at a slower rate (2.9%)
-31% - Lomax Properties Limited
2.9% - Industry AVG
Production
with a gross margin of 30.4%, this company has a higher cost of product (73.1%)
30.4% - Lomax Properties Limited
73.1% - Industry AVG
Profitability
an operating margin of 9.3% make it less profitable than the average company (27.2%)
9.3% - Lomax Properties Limited
27.2% - Industry AVG
Employees
with 3 employees, this is below the industry average (4)
3 - Lomax Properties Limited
4 - Industry AVG
Pay Structure
on an average salary of £32.1k, the company has an equivalent pay structure (£32.1k)
£32.1k - Lomax Properties Limited
£32.1k - Industry AVG
Efficiency
resulting in sales per employee of £394.1k, this is more efficient (£180.2k)
£394.1k - Lomax Properties Limited
£180.2k - Industry AVG
Debtor Days
it gets paid by customers after 136 days, this is later than average (32 days)
136 days - Lomax Properties Limited
32 days - Industry AVG
Creditor Days
its suppliers are paid after 23 days, this is quicker than average (35 days)
23 days - Lomax Properties Limited
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Lomax Properties Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Lomax Properties Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 83.2%, this is a higher level of debt than the average (67.9%)
83.2% - Lomax Properties Limited
67.9% - Industry AVG
LOMAX PROPERTIES LIMITED financials
EXPORT
Lomax Properties Limited's latest turnover from November 2023 is estimated at £1.2 million and the company has net assets of £535.3 thousand. According to their latest financial statements, Lomax Properties Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Nov 2023
Nov 2022
Nov 2021
Nov 2020
Nov 2019
Nov 2018
Nov 2017
Nov 2016
Turnover
1,182,407
1,166,898
1,386,060
3,530,967
98,093
1,153,475
59,172
357
Other Income Or Grants
Cost Of Sales
822,974
830,886
1,008,903
2,520,767
69,177
811,789
40,284
239
Gross Profit
359,433
336,012
377,157
1,010,200
28,916
341,686
18,887
118
Admin Expenses
249,785
218,618
289,316
862,377
-86,901
286,896
-6,924
-9,807
Operating Profit
109,648
117,394
87,841
147,823
115,817
54,790
25,811
9,925
Interest Payable
Interest Receivable
Pre-Tax Profit
109,648
117,394
87,841
147,823
115,817
54,790
25,811
9,925
Tax
-27,412
-22,305
-16,690
-28,086
-22,005
-10,410
-4,904
-1,985
Profit After Tax
82,236
95,089
71,151
119,737
93,812
44,380
20,907
7,940
Dividends Paid
Retained Profit
82,236
95,089
71,151
119,737
93,812
44,380
20,907
7,940
Employee Costs
96,183
91,931
142,003
274,143
28,191
106,899
25,624
26,206
Number Of Employees
3
3
5
10
1
4
1
1
EBITDA*
109,648
117,394
87,841
147,823
115,817
54,790
25,811
9,925
* Earnings Before Interest, Tax, Depreciation and Amortisation
Nov 2023
Nov 2022
Nov 2021
Nov 2020
Nov 2019
Nov 2018
Nov 2017
Nov 2016
Tangible Assets
2,739,268
2,739,268
2,739,268
2,739,268
2,739,268
1,337,644
1,301,325
945,638
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
2,739,268
2,739,268
2,739,268
2,739,268
2,739,268
1,337,644
1,301,325
945,638
Stock & work in progress
Trade Debtors
440,825
430,452
415,077
923,171
21,324
294,053
14,701
Group Debtors
Misc Debtors
4,137
3,130
Cash
misc current assets
total current assets
440,825
430,452
419,214
926,301
21,324
294,053
14,701
total assets
3,180,093
3,169,720
3,158,482
3,665,569
2,760,592
1,631,697
1,316,026
945,638
Bank overdraft
Bank loan
Trade Creditors
53,935
54,752
46,710
54,180
23,757
11,706
6,253
420
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
53,935
54,752
46,710
54,180
23,757
11,706
6,253
420
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
2,590,906
2,661,952
2,753,845
3,324,613
2,569,796
1,546,764
1,280,926
937,278
provisions
total long term liabilities
2,590,906
2,661,952
2,753,845
3,324,613
2,569,796
1,546,764
1,280,926
937,278
total liabilities
2,644,841
2,716,704
2,800,555
3,378,793
2,593,553
1,558,470
1,287,179
937,698
net assets
535,252
453,016
357,927
286,776
167,039
73,227
28,847
7,940
total shareholders funds
535,252
453,016
357,927
286,776
167,039
73,227
28,847
7,940
Nov 2023
Nov 2022
Nov 2021
Nov 2020
Nov 2019
Nov 2018
Nov 2017
Nov 2016
Operating Activities
Operating Profit
109,648
117,394
87,841
147,823
115,817
54,790
25,811
9,925
Depreciation
Amortisation
Tax
-27,412
-22,305
-16,690
-28,086
-22,005
-10,410
-4,904
-1,985
Stock
Debtors
10,373
11,238
-507,087
904,977
-272,729
279,352
14,701
Creditors
-817
8,042
-7,470
30,423
12,051
5,453
5,833
420
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations
71,046
91,893
570,768
-754,817
378,592
-229,519
12,039
8,360
Investing Activities
capital expenditure
-1,401,624
-36,319
-355,687
-945,638
Change in Investments
cash flow from investments
-1,401,624
-36,319
-355,687
-945,638
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-71,046
-91,893
-570,768
754,817
1,023,032
265,838
343,648
937,278
share issue
interest
cash flow from financing
-71,046
-91,893
-570,768
754,817
1,023,032
265,838
343,648
937,278
cash and cash equivalents
cash
overdraft
change in cash
lomax properties limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for lomax properties limited. Get real-time insights into lomax properties limited's credit score, group structure and payment trends.
Perform a competitor analysis for lomax properties limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in NR7 area or any other competitors across 12 key performance metrics.
lomax properties limited Ownership
LOMAX PROPERTIES LIMITED group structure
Lomax Properties Limited has no subsidiary companies.
Ultimate parent company
LOMAX PROPERTIES LIMITED
09728622
LOMAX PROPERTIES LIMITED Shareholders
The largest shareholders in Lomax Properties Limited include David Lomax and Ricki Lomax.
david lomax
51%
ricki lomax
49%
lomax properties limited directors
Lomax Properties Limited currently has 4 directors.
The longest serving directors include
Mr David Lomax (Aug 2015) and
Mr Ricki Lomax (Jun 2016).
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
August 2015
age
10
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
November 2023
previous names
N/A
accountant
-
auditor
-
address
unit d10 upper lounge, pinetrees road, norwich, NR7 9BB
Bank
-
Legal Advisor
-
lomax properties 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 5 charges/mortgages relating to lomax properties limited. Currently there are 4 open charges and 1 have been satisfied in the past.
lomax properties 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 LOMAX PROPERTIES LIMITED. This can take several minutes, an email will notify you when this has completed.
lomax properties limitedCompanies House Filings - See Documents
