ls financial solutions ltd

2.5

ls financial solutions ltd Company Information

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Company Number

09765316

Website

-

Registered Address

20-22 wenlock road, london, N1 7GU

Industry

Financial management

 

Telephone

-

Next Accounts Due

September 2024

Group Structure

View All

Directors

Tim Horrocks8 Years

Shareholders

tim horrocks 51%

donna marie horrocks 49%

ls financial solutions ltd Estimated Valuation

£90k

Pomanda estimates the enterprise value of LS FINANCIAL SOLUTIONS LTD at £90k based on a Turnover of £127.1k and 0.71x industry multiple (adjusted for size and gross margin).

ls financial solutions ltd Estimated Valuation

£8.6k

Pomanda estimates the enterprise value of LS FINANCIAL SOLUTIONS LTD at £8.6k based on an EBITDA of £1.7k and a 4.98x industry multiple (adjusted for size and gross margin).

ls financial solutions ltd Estimated Valuation

£156.1k

Pomanda estimates the enterprise value of LS FINANCIAL SOLUTIONS LTD at £156.1k based on Net Assets of £41.2k and 3.79x industry multiple (adjusted for liquidity).

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Ls Financial Solutions Ltd Overview

Ls Financial Solutions Ltd is a live company located in london, N1 7GU with a Companies House number of 09765316. It operates in the financial management sector, SIC Code 70221. Founded in September 2015, it's largest shareholder is tim horrocks with a 51% stake. Ls Financial Solutions Ltd is a young, micro sized company, Pomanda has estimated its turnover at £127.1k with high growth in recent years.

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Ls Financial Solutions Ltd Health Check

Pomanda's financial health check has awarded Ls Financial Solutions Ltd a 2.5 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

Health Check Image
Health Rating2.5out of 5
positive_score

3 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £127.1k, make it smaller than the average company (£1m)

£127.1k - Ls Financial Solutions Ltd

£1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 29%, show it is growing at a faster rate (7.1%)

29% - Ls Financial Solutions Ltd

7.1% - Industry AVG

production

Production

with a gross margin of 35.2%, this company has a higher cost of product (83.3%)

35.2% - Ls Financial Solutions Ltd

83.3% - Industry AVG

profitability

Profitability

an operating margin of 1.4% make it less profitable than the average company (9.4%)

1.4% - Ls Financial Solutions Ltd

9.4% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (6)

2 - Ls Financial Solutions Ltd

6 - Industry AVG

paystructure

Pay Structure

on an average salary of £56.1k, the company has an equivalent pay structure (£56.1k)

£56.1k - Ls Financial Solutions Ltd

£56.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £63.6k, this is less efficient (£145k)

£63.6k - Ls Financial Solutions Ltd

£145k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 180 days, this is later than average (60 days)

180 days - Ls Financial Solutions Ltd

60 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 95 days, this is slower than average (46 days)

95 days - Ls Financial Solutions Ltd

46 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Ls Financial Solutions Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Ls Financial Solutions Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 34.4%, this is a lower level of debt than the average (51.9%)

34.4% - Ls Financial Solutions Ltd

51.9% - Industry AVG

LS FINANCIAL SOLUTIONS LTD financials

EXPORTms excel logo

Ls Financial Solutions Ltd's latest turnover from December 2022 is estimated at £127.1 thousand and the company has net assets of £41.2 thousand. According to their latest financial statements, Ls Financial Solutions Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016
Turnover127,13585,33875,57358,62729,71220,75838,589
Other Income Or Grants0000000
Cost Of Sales82,45055,65749,58242,60620,16213,52225,093
Gross Profit44,68529,68125,99116,0219,5497,23613,496
Admin Expenses42,96218,50118,1292,17011,412-4702,590
Operating Profit1,72311,1807,86213,851-1,8637,70610,906
Interest Payable0000000
Interest Receivable000043290
Pre-Tax Profit1,72311,1807,86213,851-1,8207,73510,906
Tax-327-2,124-1,494-2,6320-1,470-2,181
Profit After Tax1,3969,0566,36811,219-1,8206,2658,725
Dividends Paid0000000
Retained Profit1,3969,0566,36811,219-1,8206,2658,725
Employee Costs112,24349,46749,11051,91160,01153,49652,943
Number Of Employees2111111
EBITDA*1,72311,1807,86213,851-1,8637,70610,906

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016
Tangible Assets0000000
Intangible Assets0000000
Investments & Other0000000
Debtors (Due After 1 year)0000000
Total Fixed Assets0000000
Stock & work in progress0000000
Trade Debtors62,79461,73344,43834,82916,51410,10015,204
Group Debtors0000000
Misc Debtors0000000
Cash0000011,5310
misc current assets0000000
total current assets62,79461,73344,43834,82916,51421,63115,204
total assets62,79461,73344,43834,82916,51421,63115,204
Bank overdraft0000000
Bank loan0000000
Trade Creditors 21,58521,92013,68110,4403,3446,5416,379
Group/Directors Accounts0000000
other short term finances0000000
hp & lease commitments0000000
other current liabilities0000000
total current liabilities21,58521,92013,68110,4403,3446,5416,379
loans0000000
hp & lease commitments0000000
Accruals and Deferred Income0000000
other liabilities0000000
provisions0000000
total long term liabilities0000000
total liabilities21,58521,92013,68110,4403,3446,5416,379
net assets41,20939,81330,75724,38913,17015,0908,825
total shareholders funds41,20939,81330,75724,38913,17015,0908,825
Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016
Operating Activities
Operating Profit1,72311,1807,86213,851-1,8637,70610,906
Depreciation0000000
Amortisation0000000
Tax-327-2,124-1,494-2,6320-1,470-2,181
Stock0000000
Debtors1,06117,2959,60918,3156,414-5,10415,204
Creditors-3358,2393,2417,096-3,1971626,379
Accruals and Deferred Income0000000
Deferred Taxes & Provisions0000000
Cash flow from operations0000-11,47411,502-100
Investing Activities
capital expenditure0000000
Change in Investments0000000
cash flow from investments0000000
Financing Activities
Bank loans0000000
Group/Directors Accounts0000000
Other Short Term Loans 0000000
Long term loans0000000
Hire Purchase and Lease Commitments0000000
other long term liabilities0000000
share issue0000-1000100
interest000043290
cash flow from financing0000-5729100
cash and cash equivalents
cash0000-11,53111,5310
overdraft0000000
change in cash0000-11,53111,5310

ls financial solutions 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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Ls Financial Solutions Ltd Competitor Analysis

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ls financial solutions ltd Ownership

LS FINANCIAL SOLUTIONS LTD group structure

Ls Financial Solutions Ltd has no subsidiary companies.

Ultimate parent company

LS FINANCIAL SOLUTIONS LTD

09765316

LS FINANCIAL SOLUTIONS LTD Shareholders

tim horrocks 51%
donna marie horrocks 49%

ls financial solutions ltd directors

Ls Financial Solutions Ltd currently has 1 director, Mr Tim Horrocks serving since Sep 2015.

officercountryagestartendrole
Mr Tim Horrocks46 years Sep 2015- Director

P&L

December 2022

turnover

127.1k

+49%

operating profit

1.7k

0%

gross margin

35.2%

+1.06%

turnover

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

Balance Sheet

December 2022

net assets

41.2k

+0.04%

total assets

62.8k

+0.02%

cash

0

0%

net assets

Total assets minus all liabilities

ls financial solutions ltd company details

company number

09765316

Type

Private limited with Share Capital

industry

70221 - Financial management

incorporation date

September 2015

age

9

accounts

Micro-Entity Accounts

ultimate parent company

None

previous names

N/A

incorporated

UK

address

20-22 wenlock road, london, N1 7GU

last accounts submitted

December 2022

ls financial solutions 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 ls financial solutions ltd.

charges

ls financial solutions ltd Companies House Filings - See Documents

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