lew castings limited
lew castings limited Company Information
Company Number
09864389
Next Accounts
Dec 2024
Industry
Other manufacturing n.e.c.
Directors
Shareholders
steven paul cummings
Group Structure
View All
Contact
Registered Address
riverside house irwell street, manchester, M3 5EN
Website
-lew castings limited Estimated Valuation
Pomanda estimates the enterprise value of LEW CASTINGS LIMITED at £1.6m based on a Turnover of £2.1m and 0.73x industry multiple (adjusted for size and gross margin).
lew castings limited Estimated Valuation
Pomanda estimates the enterprise value of LEW CASTINGS LIMITED at £7k based on an EBITDA of £1.4k and a 5.05x industry multiple (adjusted for size and gross margin).
lew castings limited Estimated Valuation
Pomanda estimates the enterprise value of LEW CASTINGS LIMITED at £0 based on Net Assets of £-1.1k and 2.09x industry multiple (adjusted for liquidity).
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Lew Castings Limited Overview
Lew Castings Limited is a dissolved company that was located in manchester, M3 5EN with a Companies House number of 09864389. It operated in the other manufacturing n.e.c. sector, SIC Code 32990. Founded in November 2015, it's largest shareholder was steven paul cummings with a 100% stake. The last turnover for Lew Castings Limited was estimated at £2.1m.
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Lew Castings Limited Health Check
Pomanda's financial health check has awarded Lew Castings Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
7 Weak
Size
annual sales of £2.1m, make it smaller than the average company (£8.5m)
- Lew Castings Limited
£8.5m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Lew Castings Limited
- - Industry AVG
Production
with a gross margin of 31.8%, this company has a comparable cost of product (31.8%)
- Lew Castings Limited
31.8% - Industry AVG
Profitability
an operating margin of 0.1% make it less profitable than the average company (5.6%)
- Lew Castings Limited
5.6% - Industry AVG
Employees
with 42 employees, this is below the industry average (66)
42 - Lew Castings Limited
66 - Industry AVG
Pay Structure
on an average salary of £34.3k, the company has an equivalent pay structure (£34.3k)
- Lew Castings Limited
£34.3k - Industry AVG
Efficiency
resulting in sales per employee of £50.9k, this is less efficient (£134.3k)
- Lew Castings Limited
£134.3k - Industry AVG
Debtor Days
it gets paid by customers after 47 days, this is near the average (58 days)
- Lew Castings Limited
58 days - Industry AVG
Creditor Days
its suppliers are paid after 14 days, this is quicker than average (47 days)
- Lew Castings Limited
47 days - Industry AVG
Stock Days
it holds stock equivalent to 14 days, this is less than average (58 days)
- Lew Castings Limited
58 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (11 weeks)
5 weeks - Lew Castings Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 100.3%, this is a higher level of debt than the average (56.5%)
100.3% - Lew Castings Limited
56.5% - Industry AVG
LEW CASTINGS LIMITED financials
Lew Castings Limited's latest turnover from November 2017 is estimated at £2.1 million and the company has net assets of -£1.1 thousand. According to their latest financial statements, Lew Castings Limited has 42 employees and maintains cash reserves of £38.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2017 | Nov 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 | 42 | 28 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2017 | Nov 2016 | |
|---|---|---|
| Tangible Assets | 544 | 0 |
| Intangible Assets | 0 | 0 |
| Investments & Other | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 |
| Total Fixed Assets | 544 | 0 |
| Stock & work in progress | 58,133 | 0 |
| Trade Debtors | 277,663 | 229,954 |
| Group Debtors | 0 | 0 |
| Misc Debtors | 8,420 | 0 |
| Cash | 38,424 | 34,545 |
| misc current assets | 0 | 0 |
| total current assets | 382,640 | 264,499 |
| total assets | 383,184 | 264,499 |
| Bank overdraft | 0 | 0 |
| Bank loan | 0 | 0 |
| Trade Creditors | 58,472 | 93,643 |
| Group/Directors Accounts | 0 | 0 |
| other short term finances | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| other current liabilities | 325,852 | 173,155 |
| total current liabilities | 384,324 | 266,798 |
| loans | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 |
| other liabilities | 0 | 0 |
| provisions | 0 | 0 |
| total long term liabilities | 0 | 0 |
| total liabilities | 384,324 | 266,798 |
| net assets | -1,140 | -2,299 |
| total shareholders funds | -1,140 | -2,299 |
| Nov 2017 | Nov 2016 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | 136 | 0 |
| Amortisation | 0 | 0 |
| Tax | ||
| Stock | 58,133 | 0 |
| Debtors | 56,129 | 229,954 |
| Creditors | -35,171 | 93,643 |
| Accruals and Deferred Income | 152,697 | 173,155 |
| Deferred Taxes & Provisions | 0 | 0 |
| Cash flow from operations | ||
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | 0 | 0 |
| cash flow from investments | ||
| Financing Activities | ||
| Bank loans | 0 | 0 |
| Group/Directors Accounts | 0 | 0 |
| Other Short Term Loans | 0 | 0 |
| Long term loans | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 |
| other long term liabilities | 0 | 0 |
| share issue | ||
| interest | ||
| cash flow from financing | ||
| cash and cash equivalents | ||
| cash | 3,879 | 34,545 |
| overdraft | 0 | 0 |
| change in cash | 3,879 | 34,545 |
lew castings limited Credit Report and Business Information
Lew Castings Limited Competitor Analysis
Perform a competitor analysis for lew castings limited by selecting its closest rivals, whether from the MANUFACTURING sector, other undefined companies, companies in M 3 area or any other competitors across 12 key performance metrics.
lew castings limited Ownership
LEW CASTINGS LIMITED group structure
Lew Castings Limited has no subsidiary companies.
Ultimate parent company
LEW CASTINGS LIMITED
09864389
lew castings limited directors
Lew Castings Limited currently has 1 director, Mr Steven Cummings serving since Aug 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Steven Cummings | 56 years | Aug 2018 | - | Director |
P&L
November 2017turnover
2.1m
+12%
operating profit
1.2k
0%
gross margin
31.9%
-1.55%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2017net assets
-1.1k
-0.5%
total assets
383.2k
+0.45%
cash
38.4k
+0.11%
net assets
Total assets minus all liabilities
lew castings limited company details
company number
09864389
Type
Private limited with Share Capital
industry
32990 - Other manufacturing n.e.c.
incorporation date
November 2015
age
9
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
November 2017
previous names
N/A
accountant
-
auditor
-
address
riverside house irwell street, manchester, M3 5EN
Bank
-
Legal Advisor
-
lew castings 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 lew castings limited.
lew castings 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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lew castings limited Companies House Filings - See Documents
| date | description | view/download |
|---|
