lubriage ltd
lubriage ltd Company Information
Group Structure
View All
Industry
Wholesale of fuels and related products (other than petroleum and petroleum products)
Registered Address
dc4 prologics park hipwell road, kettering, NN14 1UA
Website
-lubriage ltd Estimated Valuation
Pomanda estimates the enterprise value of LUBRIAGE LTD at £68.1m based on a Turnover of £57.6m and 1.18x industry multiple (adjusted for size and gross margin).
lubriage ltd Estimated Valuation
Pomanda estimates the enterprise value of LUBRIAGE LTD at £31.9m based on an EBITDA of £3.3m and a 9.52x industry multiple (adjusted for size and gross margin).
lubriage ltd Estimated Valuation
Pomanda estimates the enterprise value of LUBRIAGE LTD at £9m based on Net Assets of £5.3m and 1.71x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Lubriage Ltd Overview
Lubriage Ltd is a live company located in kettering, NN14 1UA with a Companies House number of 09736842. It operates in the wholesale of other fuels and related products sector, SIC Code 46719. Founded in August 2015, it's largest shareholder is mannol holidings ltd with a 100% stake. Lubriage Ltd is a established, large sized company, Pomanda has estimated its turnover at £57.6m with rapid growth in recent years.
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Lubriage Ltd Health Check
Pomanda's financial health check has awarded Lubriage Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 6 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
6 Weak
Size
annual sales of £57.6m, make it smaller than the average company (£109.2m)
£57.6m - Lubriage Ltd
£109.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 84%, show it is growing at a faster rate (17.5%)
84% - Lubriage Ltd
17.5% - Industry AVG
Production
with a gross margin of 8.6%, this company has a lower cost of product (6.2%)
8.6% - Lubriage Ltd
6.2% - Industry AVG
Profitability
an operating margin of 5.3% make it more profitable than the average company (2.4%)
5.3% - Lubriage Ltd
2.4% - Industry AVG
Employees
with 32 employees, this is similar to the industry average (29)
32 - Lubriage Ltd
29 - Industry AVG
Pay Structure
on an average salary of £29.9k, the company has a lower pay structure (£55.3k)
£29.9k - Lubriage Ltd
£55.3k - Industry AVG
Efficiency
resulting in sales per employee of £1.8m, this is less efficient (£2.3m)
£1.8m - Lubriage Ltd
£2.3m - Industry AVG
Debtor Days
it gets paid by customers after 247 days, this is later than average (29 days)
247 days - Lubriage Ltd
29 days - Industry AVG
Creditor Days
its suppliers are paid after 353 days, this is slower than average (25 days)
353 days - Lubriage Ltd
25 days - Industry AVG
Stock Days
it holds stock equivalent to 147 days, this is more than average (7 days)
147 days - Lubriage Ltd
7 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (11 weeks)
0 weeks - Lubriage Ltd
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 91.6%, this is a higher level of debt than the average (68.8%)
91.6% - Lubriage Ltd
68.8% - Industry AVG
LUBRIAGE LTD financials
Lubriage Ltd's latest turnover from December 2023 is £57.6 million and the company has net assets of £5.3 million. According to their latest financial statements, Lubriage Ltd has 32 employees and maintains cash reserves of £53.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 57,556,364 | 29,063,971 | 19,340,415 | 9,230,376 | 2,704,241 | |||
| Other Income Or Grants | ||||||||
| Cost Of Sales | 52,596,710 | 22,488,627 | 14,287,130 | 7,801,811 | 2,315,448 | |||
| Gross Profit | 4,959,654 | 6,575,344 | 5,053,285 | 1,428,565 | 388,793 | |||
| Admin Expenses | 1,899,336 | 2,430,944 | 2,036,224 | 843,294 | 3,874,575 | |||
| Operating Profit | 3,060,318 | 4,144,400 | 3,017,061 | 585,271 | -3,485,782 | |||
| Interest Payable | 37,431 | 3,017 | 403 | 40 | 45,412 | |||
| Interest Receivable | ||||||||
| Pre-Tax Profit | 3,022,887 | 4,141,383 | 3,016,658 | 585,231 | -3,531,194 | |||
| Tax | -614,235 | -795,785 | -525,520 | -980 | ||||
| Profit After Tax | 2,408,652 | 3,345,598 | 2,491,138 | 585,231 | -3,532,174 | |||
| Dividends Paid | ||||||||
| Retained Profit | 2,408,652 | 3,345,598 | 2,491,138 | 585,231 | -3,532,174 | |||
| Employee Costs | 957,446 | 949,076 | ||||||
| Number Of Employees | 32 | 27 | 21 | 14 | 12 | |||
| EBITDA* | 3,349,821 | 4,258,724 | 3,082,188 | 613,229 | -3,479,964 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,202,329 | 300,438 | 233,514 | 62,590 | 18,513 | |||
| Intangible Assets | 99,464 | 117,826 | 136,188 | 160,671 | 179,033 | |||
| Investments & Other | 100 | |||||||
| Debtors (Due After 1 year) | ||||||||
| Total Fixed Assets | 1,301,793 | 418,264 | 369,702 | 223,261 | 197,546 | 100 | ||
| Stock & work in progress | 21,202,731 | 14,512,151 | 3,994,782 | 783,275 | 866,785 | 19,786 | ||
| Trade Debtors | 39,079,558 | 15,144,097 | 5,658,159 | 3,332,854 | 1,541,080 | 77,583 | 670,037 | |
| Group Debtors | ||||||||
| Misc Debtors | 1,764,137 | 268,619 | 296,438 | 138,809 | 189,500 | 10,000 | 38,677 | |
| Cash | 53,939 | 28,153 | 25,207 | 202,155 | 64,904 | 21 | 5,501 | |
| misc current assets | 2,131 | |||||||
| total current assets | 62,100,365 | 29,953,020 | 9,974,586 | 4,459,224 | 2,662,269 | 87,583 | 38,698 | 695,324 |
| total assets | 63,402,158 | 30,371,284 | 10,344,288 | 4,682,485 | 2,859,815 | 87,583 | 38,698 | 695,424 |
| Bank overdraft | ||||||||
| Bank loan | ||||||||
| Trade Creditors | 50,973,220 | 21,785,448 | 8,331,644 | 6,744,527 | 1,705,571 | 88,529 | 22,117 | 695,324 |
| Group/Directors Accounts | 145,000 | |||||||
| other short term finances | ||||||||
| hp & lease commitments | 43,656 | |||||||
| other current liabilities | 6,847,525 | 5,557,850 | 2,475,823 | 888,847 | 4,690,364 | 16,481 | ||
| total current liabilities | 57,864,401 | 27,488,298 | 10,807,467 | 7,633,374 | 6,395,935 | 88,529 | 38,598 | 695,324 |
| loans | ||||||||
| hp & lease commitments | 246,686 | |||||||
| Accruals and Deferred Income | 3,000 | |||||||
| other liabilities | 567 | |||||||
| provisions | ||||||||
| total long term liabilities | 246,686 | 567 | 3,000 | |||||
| total liabilities | 58,111,087 | 27,488,865 | 10,807,467 | 7,633,374 | 6,395,935 | 91,529 | 38,598 | 695,324 |
| net assets | 5,291,071 | 2,882,419 | -463,179 | -2,950,889 | -3,536,120 | -3,946 | 100 | 100 |
| total shareholders funds | 5,291,071 | 2,882,419 | -463,179 | -2,950,889 | -3,536,120 | -3,946 | 100 | 100 |
| Dec 2023 | Dec 2022 | Dec 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | 3,060,318 | 4,144,400 | 3,017,061 | 585,271 | -3,485,782 | |||
| Depreciation | 271,141 | 95,962 | 40,644 | 9,596 | 1,227 | |||
| Amortisation | 18,362 | 18,362 | 24,483 | 18,362 | 4,591 | |||
| Tax | -614,235 | -795,785 | -525,520 | -980 | ||||
| Stock | 6,690,580 | 10,517,369 | 3,211,507 | -83,510 | 866,785 | -19,786 | 19,786 | |
| Debtors | 25,430,979 | 9,458,119 | 2,482,934 | 1,741,083 | 1,642,997 | 48,906 | -631,360 | 670,037 |
| Creditors | 29,187,772 | 13,453,804 | 1,587,117 | 5,038,956 | 1,617,042 | 66,412 | -673,207 | 695,324 |
| Accruals and Deferred Income | 1,289,675 | 3,082,027 | 1,586,976 | -3,801,517 | 4,687,364 | -13,481 | 16,481 | |
| Deferred Taxes & Provisions | ||||||||
| Cash flow from operations | 1,091,474 | 23,282 | 36,320 | 193,095 | 313,680 | |||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | -100 | 100 | ||||||
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | ||||||||
| Group/Directors Accounts | -145,000 | 145,000 | ||||||
| Other Short Term Loans | ||||||||
| Long term loans | ||||||||
| Hire Purchase and Lease Commitments | 290,342 | |||||||
| other long term liabilities | -567 | 567 | ||||||
| share issue | ||||||||
| interest | -37,431 | -3,017 | -403 | -40 | -45,412 | |||
| cash flow from financing | 107,344 | 142,550 | -3,831 | -40 | -45,412 | |||
| cash and cash equivalents | ||||||||
| cash | 25,786 | 2,946 | -176,948 | 137,251 | 64,904 | -21 | -5,480 | 5,501 |
| overdraft | ||||||||
| change in cash | 25,786 | 2,946 | -176,948 | 137,251 | 64,904 | -21 | -5,480 | 5,501 |
lubriage ltd Credit Report and Business Information
Lubriage Ltd Competitor Analysis
Perform a competitor analysis for lubriage ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other large companies, companies in NN14 area or any other competitors across 12 key performance metrics.
lubriage ltd Ownership
LUBRIAGE LTD group structure
Lubriage Ltd has no subsidiary companies.
lubriage ltd directors
Lubriage Ltd currently has 1 director, Mr Jevgenij Lyzko serving since Dec 2019.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jevgenij Lyzko | England | 36 years | Dec 2019 | - | Director |
P&L
December 2023turnover
57.6m
+98%
operating profit
3.1m
-26%
gross margin
8.7%
-61.91%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
5.3m
+0.84%
total assets
63.4m
+1.09%
cash
53.9k
+0.92%
net assets
Total assets minus all liabilities
Similar Companies
lubriage ltd company details
company number
09736842
Type
Private limited with Share Capital
industry
46719 - Wholesale of fuels and related products (other than petroleum and petroleum products)
incorporation date
August 2015
age
10
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
SHAH & CO (ACCOUNTANTS) LTD
address
dc4 prologics park hipwell road, kettering, NN14 1UA
Bank
BARCLAYS BANK PLC
Legal Advisor
-
lubriage 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 lubriage ltd.
lubriage 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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lubriage ltd Companies House Filings - See Documents
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