lat properties ltd
lat properties ltd Company Information
Company Number
09906881
Next Accounts
Mar 2025
Shareholders
lat partnership llp
Group Structure
View All
Industry
Other business support service activities n.e.c.
Registered Address
10 queen street place, london, EC4R 1AG
Website
www.daulatpropertiesltd.comlat properties ltd Estimated Valuation
Pomanda estimates the enterprise value of LAT PROPERTIES LTD at £135.1k based on a Turnover of £243.9k and 0.55x industry multiple (adjusted for size and gross margin).
lat properties ltd Estimated Valuation
Pomanda estimates the enterprise value of LAT PROPERTIES LTD at £1.2m based on an EBITDA of £296.5k and a 3.98x industry multiple (adjusted for size and gross margin).
lat properties ltd Estimated Valuation
Pomanda estimates the enterprise value of LAT PROPERTIES LTD at £0 based on Net Assets of £-195.6k and 2.3x industry multiple (adjusted for liquidity).
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Lat Properties Ltd Overview
Lat Properties Ltd is a live company located in london, EC4R 1AG with a Companies House number of 09906881. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in December 2015, it's largest shareholder is lat partnership llp with a 100% stake. Lat Properties Ltd is a established, micro sized company, Pomanda has estimated its turnover at £243.9k with declining growth in recent years.
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Lat Properties Ltd Health Check
Pomanda's financial health check has awarded Lat Properties Ltd 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
2 Regular
7 Weak
Size
annual sales of £243.9k, make it smaller than the average company (£3.7m)
- Lat Properties Ltd
£3.7m - Industry AVG
Growth
3 year (CAGR) sales growth of -15%, show it is growing at a slower rate (4.7%)
- Lat Properties Ltd
4.7% - Industry AVG
Production
with a gross margin of 37.8%, this company has a comparable cost of product (37.8%)
- Lat Properties Ltd
37.8% - Industry AVG
Profitability
an operating margin of 121.6% make it more profitable than the average company (6.2%)
- Lat Properties Ltd
6.2% - Industry AVG
Employees
with 3 employees, this is below the industry average (24)
3 - Lat Properties Ltd
24 - Industry AVG
Pay Structure
on an average salary of £48.4k, the company has an equivalent pay structure (£48.4k)
- Lat Properties Ltd
£48.4k - Industry AVG
Efficiency
resulting in sales per employee of £81.3k, this is less efficient (£154.4k)
- Lat Properties Ltd
£154.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Lat Properties Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 2 days, this is quicker than average (33 days)
- Lat Properties Ltd
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Lat Properties Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (24 weeks)
0 weeks - Lat Properties Ltd
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 104.8%, this is a higher level of debt than the average (61.6%)
104.8% - Lat Properties Ltd
61.6% - Industry AVG
LAT PROPERTIES LTD financials
Lat Properties Ltd's latest turnover from June 2023 is estimated at £243.9 thousand and the company has net assets of -£195.6 thousand. According to their latest financial statements, Lat Properties Ltd has 3 employees and maintains cash reserves of £7.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 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 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | |||||||
| Intangible Assets | |||||||
| Investments & Other | 2,350,000 | 2,350,000 | 1,988,557 | 1,988,557 | 1,921,311 | 1,921,311 | 1,921,311 |
| Debtors (Due After 1 year) | |||||||
| Total Fixed Assets | 2,350,000 | 2,350,000 | 1,988,557 | 1,988,557 | 1,921,311 | 1,921,311 | 1,921,311 |
| Stock & work in progress | |||||||
| Trade Debtors | |||||||
| Group Debtors | |||||||
| Misc Debtors | 1,693,395 | 1,579,498 | 1,578,586 | 1,615,765 | 1,505,112 | 1,521,835 | 1,587,894 |
| Cash | 7,241 | 2,402 | 8,865 | 3,437 | 5,035 | 607 | 7,772 |
| misc current assets | |||||||
| total current assets | 1,700,636 | 1,581,900 | 1,587,451 | 1,619,202 | 1,510,147 | 1,522,442 | 1,595,666 |
| total assets | 4,050,636 | 3,931,900 | 3,576,008 | 3,607,759 | 3,431,458 | 3,443,753 | 3,516,977 |
| Bank overdraft | |||||||
| Bank loan | 296,208 | 140,157 | 135,635 | 140,732 | |||
| Trade Creditors | 840 | ||||||
| Group/Directors Accounts | |||||||
| other short term finances | |||||||
| hp & lease commitments | |||||||
| other current liabilities | 325,537 | 242,316 | 203,812 | 100,011 | 42,366 | 3,000 | 22,100 |
| total current liabilities | 622,585 | 382,473 | 339,447 | 240,743 | 42,366 | 3,000 | 22,100 |
| loans | 3,520,470 | 3,527,003 | 3,493,845 | 3,494,009 | 3,493,546 | 3,493,504 | 3,493,504 |
| hp & lease commitments | |||||||
| Accruals and Deferred Income | |||||||
| other liabilities | |||||||
| provisions | 103,138 | 103,138 | 12,777 | 12,777 | |||
| total long term liabilities | 3,623,608 | 3,630,141 | 3,506,622 | 3,506,786 | 3,493,546 | 3,493,504 | 3,493,504 |
| total liabilities | 4,246,193 | 4,012,614 | 3,846,069 | 3,747,529 | 3,535,912 | 3,496,504 | 3,515,604 |
| net assets | -195,557 | -80,714 | -270,061 | -139,770 | -104,454 | -52,751 | 1,373 |
| total shareholders funds | -195,557 | -80,714 | -270,061 | -139,770 | -104,454 | -52,751 | 1,373 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | |||||||
| Amortisation | |||||||
| Tax | |||||||
| Stock | |||||||
| Debtors | 113,897 | 912 | -37,179 | 110,653 | -16,723 | -66,059 | 1,587,894 |
| Creditors | 840 | ||||||
| Accruals and Deferred Income | 83,221 | 38,504 | 103,801 | 57,645 | 39,366 | -19,100 | 22,100 |
| Deferred Taxes & Provisions | 90,361 | 12,777 | |||||
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 361,443 | 67,246 | 1,921,311 | ||||
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 156,051 | 4,522 | -5,097 | 140,732 | |||
| Group/Directors Accounts | |||||||
| Other Short Term Loans | |||||||
| Long term loans | -6,533 | 33,158 | -164 | 463 | 42 | 3,493,504 | |
| Hire Purchase and Lease Commitments | |||||||
| other long term liabilities | |||||||
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | 4,839 | -6,463 | 5,428 | -1,598 | 4,428 | -7,165 | 7,772 |
| overdraft | |||||||
| change in cash | 4,839 | -6,463 | 5,428 | -1,598 | 4,428 | -7,165 | 7,772 |
lat properties ltd Credit Report and Business Information
Lat Properties Ltd Competitor Analysis
Perform a competitor analysis for lat properties ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in EC4R area or any other competitors across 12 key performance metrics.
lat properties ltd Ownership
LAT PROPERTIES LTD group structure
Lat Properties Ltd has no subsidiary companies.
lat properties ltd directors
Lat Properties Ltd currently has 3 directors. The longest serving directors include Mr Laurent Taylor (Dec 2015) and Ashlyn Taylor (Dec 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Laurent Taylor | United Kingdom | 34 years | Dec 2015 | - | Director |
| Ashlyn Taylor | England | 29 years | Dec 2015 | - | Director |
| Mr Roger Taylor | 81 years | Dec 2015 | - | Director |
P&L
June 2023turnover
243.9k
-41%
operating profit
296.5k
0%
gross margin
37.9%
-0.58%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
-195.6k
+1.42%
total assets
4.1m
+0.03%
cash
7.2k
+2.01%
net assets
Total assets minus all liabilities
Similar Companies
lat properties ltd company details
company number
09906881
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
December 2015
age
10
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
June 2023
previous names
N/A
accountant
-
auditor
-
address
10 queen street place, london, EC4R 1AG
Bank
-
Legal Advisor
-
lat properties 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 found 5 charges/mortgages relating to lat properties ltd. Currently there are 4 open charges and 1 have been satisfied in the past.
lat properties 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.
Click to start generating capital raising & share issue transactions for LAT PROPERTIES LTD. This can take several minutes, an email will notify you when this has completed.
lat properties ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
