lakes edge limited
lakes edge limited Company Information
Company Number
09838925
Next Accounts
Dec 2025
Shareholders
bridget sideras
george sideras
Group Structure
View All
Industry
Other holiday and other short-stay accommodation (not including holiday centres and villages or youth hostels) n.e.c.
Registered Address
unit 3 gateway mews, london, N11 2UT
Website
https://www.lakesedge.co.uklakes edge limited Estimated Valuation
Pomanda estimates the enterprise value of LAKES EDGE LIMITED at £445.2k based on a Turnover of £690.7k and 0.64x industry multiple (adjusted for size and gross margin).
lakes edge limited Estimated Valuation
Pomanda estimates the enterprise value of LAKES EDGE LIMITED at £0 based on an EBITDA of £-18.4k and a 2.91x industry multiple (adjusted for size and gross margin).
lakes edge limited Estimated Valuation
Pomanda estimates the enterprise value of LAKES EDGE LIMITED at £0 based on Net Assets of £-1.3m and 1.9x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Lakes Edge Limited Overview
Lakes Edge Limited is a live company located in london, N11 2UT with a Companies House number of 09838925. It operates in the other holiday and other collective accommodation sector, SIC Code 55209. Founded in October 2015, it's largest shareholder is bridget sideras with a 50% stake. Lakes Edge Limited is a established, small sized company, Pomanda has estimated its turnover at £690.7k with declining growth in recent years.
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Lakes Edge Limited Health Check
Pomanda's financial health check has awarded Lakes Edge Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
6 Weak
Size
annual sales of £690.7k, make it larger than the average company (£241k)
- Lakes Edge Limited
£241k - Industry AVG
Growth
3 year (CAGR) sales growth of -28%, show it is growing at a slower rate (18.9%)
- Lakes Edge Limited
18.9% - Industry AVG
Production
with a gross margin of 68.3%, this company has a comparable cost of product (68.3%)
- Lakes Edge Limited
68.3% - Industry AVG
Profitability
an operating margin of -21.8% make it less profitable than the average company (9.1%)
- Lakes Edge Limited
9.1% - Industry AVG
Employees
with 7 employees, this is similar to the industry average (6)
7 - Lakes Edge Limited
6 - Industry AVG
Pay Structure
on an average salary of £19k, the company has an equivalent pay structure (£19k)
- Lakes Edge Limited
£19k - Industry AVG
Efficiency
resulting in sales per employee of £98.7k, this is more efficient (£63.7k)
- Lakes Edge Limited
£63.7k - Industry AVG
Debtor Days
it gets paid by customers after 23 days, this is later than average (12 days)
- Lakes Edge Limited
12 days - Industry AVG
Creditor Days
its suppliers are paid after 30 days, this is quicker than average (71 days)
- Lakes Edge Limited
71 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Lakes Edge Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (46 weeks)
0 weeks - Lakes Edge Limited
46 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 181.7%, this is a higher level of debt than the average (59.1%)
181.7% - Lakes Edge Limited
59.1% - Industry AVG
LAKES EDGE LIMITED financials
Lakes Edge Limited's latest turnover from March 2024 is estimated at £690.7 thousand and the company has net assets of -£1.3 million. According to their latest financial statements, Lakes Edge Limited has 7 employees and maintains cash reserves of £14.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|---|
| 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 | 7 | 11 | 11 | 8 | 6 | 6 | 6 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,262,293 | 1,381,111 | 1,500,904 | 1,581,150 | 1,212,775 | 375,690 | 235,761 | 136,590 |
| Intangible Assets | ||||||||
| Investments & Other | ||||||||
| Debtors (Due After 1 year) | ||||||||
| Total Fixed Assets | 1,262,293 | 1,381,111 | 1,500,904 | 1,581,150 | 1,212,775 | 375,690 | 235,761 | 136,590 |
| Stock & work in progress | ||||||||
| Trade Debtors | 44,698 | 34,804 | 7,856 | 43,858 | 40,960 | 31,824 | 12,497 | 27,461 |
| Group Debtors | ||||||||
| Misc Debtors | 243,951 | 227,227 | 13,315 | |||||
| Cash | 14,187 | 21,210 | 21,460 | 12,973 | ||||
| misc current assets | ||||||||
| total current assets | 302,836 | 283,241 | 42,631 | 43,858 | 40,960 | 31,824 | 12,497 | 40,434 |
| total assets | 1,565,129 | 1,664,352 | 1,543,535 | 1,625,008 | 1,253,735 | 407,514 | 248,258 | 177,024 |
| Bank overdraft | ||||||||
| Bank loan | ||||||||
| Trade Creditors | 18,413 | 21,406 | 45,927 | 2,621,442 | 2,020,029 | 835,730 | 470,457 | 239,450 |
| Group/Directors Accounts | ||||||||
| other short term finances | ||||||||
| hp & lease commitments | ||||||||
| other current liabilities | 2,824,771 | 2,771,399 | 2,654,997 | |||||
| total current liabilities | 2,843,184 | 2,792,805 | 2,700,924 | 2,621,442 | 2,020,029 | 835,730 | 470,457 | 239,450 |
| loans | ||||||||
| hp & lease commitments | ||||||||
| Accruals and Deferred Income | ||||||||
| other liabilities | ||||||||
| provisions | ||||||||
| total long term liabilities | ||||||||
| total liabilities | 2,843,184 | 2,792,805 | 2,700,924 | 2,621,442 | 2,020,029 | 835,730 | 470,457 | 239,450 |
| net assets | -1,278,055 | -1,128,453 | -1,157,389 | -996,434 | -766,294 | -428,216 | -222,199 | -62,426 |
| total shareholders funds | -1,278,055 | -1,128,453 | -1,157,389 | -996,434 | -766,294 | -428,216 | -222,199 | -62,426 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 132,158 | 139,053 | 139,053 | 32,496 | ||||
| Amortisation | ||||||||
| Tax | ||||||||
| Stock | ||||||||
| Debtors | 26,618 | 240,860 | -22,687 | 2,898 | 9,136 | 19,327 | -14,964 | 27,461 |
| Creditors | -2,993 | -24,521 | -2,575,515 | 601,413 | 1,184,299 | 365,273 | 231,007 | 239,450 |
| Accruals and Deferred Income | 53,372 | 116,402 | 2,654,997 | |||||
| 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 | ||||||||
| Other Short Term Loans | ||||||||
| Long term loans | ||||||||
| Hire Purchase and Lease Commitments | ||||||||
| other long term liabilities | ||||||||
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | -7,023 | -250 | 21,460 | -12,973 | 12,973 | |||
| overdraft | ||||||||
| change in cash | -7,023 | -250 | 21,460 | -12,973 | 12,973 |
lakes edge limited Credit Report and Business Information
Lakes Edge Limited Competitor Analysis
Perform a competitor analysis for lakes edge limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in N11 area or any other competitors across 12 key performance metrics.
lakes edge limited Ownership
LAKES EDGE LIMITED group structure
Lakes Edge Limited has no subsidiary companies.
Ultimate parent company
LAKES EDGE LIMITED
09838925
lakes edge limited directors
Lakes Edge Limited currently has 2 directors. The longest serving directors include Mr George Sideras (Oct 2015) and Mrs Bridget Sideras (Apr 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr George Sideras | England | 65 years | Oct 2015 | - | Director |
| Mrs Bridget Sideras | United Kingdom | 65 years | Apr 2019 | - | Director |
P&L
March 2024turnover
690.7k
+6%
operating profit
-150.5k
0%
gross margin
68.4%
+2.59%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
-1.3m
+0.13%
total assets
1.6m
-0.06%
cash
14.2k
-0.33%
net assets
Total assets minus all liabilities
Similar Companies
lakes edge limited company details
company number
09838925
Type
Private limited with Share Capital
industry
55209 - Other holiday and other short-stay accommodation (not including holiday centres and villages or youth hostels) n.e.c.
incorporation date
October 2015
age
10
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
E M COSTAS & CO
auditor
-
address
unit 3 gateway mews, london, N11 2UT
Bank
-
Legal Advisor
-
lakes edge 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 lakes edge limited.
lakes edge 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.
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lakes edge limited Companies House Filings - See Documents
| date | description | view/download |
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