liberty precision tubes limited
liberty precision tubes limited Company Information
Company Number
09931306
Website
www.libertyhousegroup.comRegistered Address
c/o marble power ltd, 1st floor, 3 more london place, london, SE1 2RE
Industry
Manufacture of tubes, pipes, hollow profiles and related fittings, of steel
Telephone
02032058550
Next Accounts Due
1013 days late
Group Structure
View All
Directors
Sanjeev Gupta8 Years
Shareholders
liberty tubular solutions pte ltd 100%
liberty precision tubes limited Estimated Valuation
Pomanda estimates the enterprise value of LIBERTY PRECISION TUBES LIMITED at £6.8m based on a Turnover of £19.1m and 0.36x industry multiple (adjusted for size and gross margin).
liberty precision tubes limited Estimated Valuation
Pomanda estimates the enterprise value of LIBERTY PRECISION TUBES LIMITED at £745.1k based on an EBITDA of £263.5k and a 2.83x industry multiple (adjusted for size and gross margin).
liberty precision tubes limited Estimated Valuation
Pomanda estimates the enterprise value of LIBERTY PRECISION TUBES LIMITED at £1.8m based on Net Assets of £1.1m and 1.62x industry multiple (adjusted for liquidity).
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Liberty Precision Tubes Limited Overview
Liberty Precision Tubes Limited is a live company located in london, SE1 2RE with a Companies House number of 09931306. It operates in the manufacture of tubes, pipes, hollow profiles and related fittings, of steel sector, SIC Code 24200. Founded in December 2015, it's largest shareholder is liberty tubular solutions pte ltd with a 100% stake. Liberty Precision Tubes Limited is a young, mid sized company, Pomanda has estimated its turnover at £19.1m with declining growth in recent years.
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Liberty Precision Tubes Limited Health Check
Pomanda's financial health check has awarded Liberty Precision Tubes Limited a 3 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
3 Strong
3 Regular
6 Weak
Size
annual sales of £19.1m, make it in line with the average company (£16.6m)
£19.1m - Liberty Precision Tubes Limited
£16.6m - Industry AVG
Growth
3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (5.5%)
-2% - Liberty Precision Tubes Limited
5.5% - Industry AVG
Production
with a gross margin of 10.8%, this company has a higher cost of product (17.8%)
10.8% - Liberty Precision Tubes Limited
17.8% - Industry AVG
Profitability
an operating margin of 0.4% make it less profitable than the average company (3.1%)
0.4% - Liberty Precision Tubes Limited
3.1% - Industry AVG
Employees
with 72 employees, this is similar to the industry average (81)
72 - Liberty Precision Tubes Limited
81 - Industry AVG
Pay Structure
on an average salary of £30.1k, the company has an equivalent pay structure (£34.6k)
£30.1k - Liberty Precision Tubes Limited
£34.6k - Industry AVG
Efficiency
resulting in sales per employee of £265.8k, this is more efficient (£181.3k)
£265.8k - Liberty Precision Tubes Limited
£181.3k - Industry AVG
Debtor Days
it gets paid by customers after 29 days, this is earlier than average (69 days)
29 days - Liberty Precision Tubes Limited
69 days - Industry AVG
Creditor Days
its suppliers are paid after 25 days, this is quicker than average (57 days)
25 days - Liberty Precision Tubes Limited
57 days - Industry AVG
Stock Days
it holds stock equivalent to 10 days, this is less than average (54 days)
10 days - Liberty Precision Tubes Limited
54 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (3 weeks)
1 weeks - Liberty Precision Tubes Limited
3 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 91.1%, this is a higher level of debt than the average (54.4%)
91.1% - Liberty Precision Tubes Limited
54.4% - Industry AVG
LIBERTY PRECISION TUBES LIMITED financials
Liberty Precision Tubes Limited's latest turnover from March 2020 is £19.1 million and the company has net assets of £1.1 million. According to their latest financial statements, Liberty Precision Tubes Limited has 72 employees and maintains cash reserves of £403.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|
| Turnover | 19,140,607 | 25,525,376 | 27,432,697 | 20,035,009 | 4,945,946 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 17,068,543 | 24,304,379 | 24,468,481 | 18,529,509 | 4,874,254 |
| Gross Profit | 2,072,064 | 1,220,997 | 2,964,216 | 1,505,500 | 71,692 |
| Admin Expenses | 1,997,396 | 1,678,325 | 1,943,346 | 1,546,332 | 330,916 |
| Operating Profit | 74,668 | -457,328 | 1,020,870 | -40,832 | -259,224 |
| Interest Payable | 78,327 | 80,038 | 76,618 | 72,779 | 0 |
| Interest Receivable | 243 | 927 | 0 | 0 | 0 |
| Pre-Tax Profit | -3,416 | -536,439 | 944,252 | -113,611 | -259,224 |
| Tax | -436,739 | -18,397 | -6,638 | -15,775 | 0 |
| Profit After Tax | -440,155 | -554,836 | 937,614 | -129,386 | -259,224 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -440,155 | -554,836 | 937,614 | -129,386 | -259,224 |
| Employee Costs | 2,167,699 | 2,301,281 | 2,258,908 | 2,342,257 | 874,304 |
| Number Of Employees | 72 | 81 | 80 | 79 | 66 |
| EBITDA* | 263,477 | -275,941 | 5,685,489 | 2,997,284 | 1,487,517 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|
| Tangible Assets | 10,583,773 | 13,239,683 | 15,448,486 | 21,524,812 | 23,967,604 |
| Intangible Assets | -9,330,028 | -11,859,386 | -14,003,859 | -20,109,721 | -22,451,863 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,253,745 | 1,380,297 | 1,444,627 | 1,415,091 | 1,515,741 |
| Stock & work in progress | 510,085 | 2,881,605 | 2,153,498 | 1,824,781 | 1,073,222 |
| Trade Debtors | 1,557,220 | 1,702,159 | 1,675,512 | 1,248,652 | 933,307 |
| Group Debtors | 6,640,249 | 6,036,254 | 6,506,777 | 2,692,577 | 2,277,327 |
| Misc Debtors | 2,466,147 | 1,166,853 | 1,133,847 | 3,228,171 | 1,200,081 |
| Cash | 403,465 | 35,001 | 91,506 | 323,510 | 560 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 11,577,166 | 11,821,872 | 11,561,140 | 9,317,691 | 5,484,497 |
| total assets | 12,830,911 | 13,202,169 | 13,005,767 | 10,732,782 | 7,000,238 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,185,830 | 2,847,335 | 3,213,434 | 2,022,232 | 2,263,344 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 3,422,548 |
| other short term finances | 295,023 | 281,566 | 268,109 | 256,528 | 0 |
| hp & lease commitments | 8,566 | 8,034 | 0 | 9,149 | 0 |
| other current liabilities | 10,062,448 | 8,010,546 | 6,683,837 | 6,278,783 | 1,573,520 |
| total current liabilities | 11,551,867 | 11,147,481 | 10,165,380 | 8,566,692 | 7,259,412 |
| loans | 250,142 | 857,320 | 1,355,840 | 1,905,750 | 0 |
| hp & lease commitments | 23,740 | 32,306 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 |
| provisions | 27,820 | 91,620 | 54,826 | 31,550 | 0 |
| total long term liabilities | 138,981 | 474,470 | 705,333 | 968,650 | 0 |
| total liabilities | 11,690,848 | 11,621,951 | 10,870,713 | 9,535,342 | 7,259,412 |
| net assets | 1,140,063 | 1,580,218 | 2,135,054 | 1,197,440 | -259,174 |
| total shareholders funds | 1,140,063 | 1,580,218 | 2,135,054 | 1,197,440 | -259,174 |
| Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | 74,668 | -457,328 | 1,020,870 | -40,832 | -259,224 |
| Depreciation | 2,718,167 | 2,325,860 | 4,144,819 | 2,518,316 | 847,237 |
| Amortisation | -2,529,358 | -2,144,473 | 519,800 | 519,800 | 899,504 |
| Tax | -436,739 | -18,397 | -6,638 | -15,775 | 0 |
| Stock | -2,371,520 | 728,107 | 328,717 | 751,559 | 1,073,222 |
| Debtors | 1,758,350 | -410,870 | 2,146,736 | 2,758,685 | 4,410,715 |
| Creditors | -1,661,505 | -366,099 | 1,191,202 | -241,112 | 2,263,344 |
| Accruals and Deferred Income | 2,051,902 | 1,326,709 | 405,054 | 4,705,263 | 1,573,520 |
| Deferred Taxes & Provisions | -63,800 | 36,794 | 23,276 | 31,550 | 0 |
| Cash flow from operations | 766,505 | 385,829 | 4,822,930 | 3,966,966 | -159,556 |
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | -3,422,548 | 3,422,548 |
| Other Short Term Loans | 13,457 | 13,457 | 11,581 | 256,528 | 0 |
| Long term loans | -607,178 | -498,520 | -549,910 | 1,905,750 | 0 |
| Hire Purchase and Lease Commitments | -8,034 | 40,340 | -9,149 | 9,149 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||
| interest | -78,084 | -79,111 | -76,618 | -72,779 | 0 |
| cash flow from financing | -679,839 | -523,834 | -624,096 | 262,100 | 3,422,598 |
| cash and cash equivalents | |||||
| cash | 368,464 | -56,505 | -232,004 | 322,950 | 560 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 368,464 | -56,505 | -232,004 | 322,950 | 560 |
liberty precision tubes limited Credit Report and Business Information
Liberty Precision Tubes Limited Competitor Analysis
Perform a competitor analysis for liberty precision tubes limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in SE1 area or any other competitors across 12 key performance metrics.
liberty precision tubes limited Ownership
LIBERTY PRECISION TUBES LIMITED group structure
Liberty Precision Tubes Limited has no subsidiary companies.
Ultimate parent company
SKG GLOBAL HOLDINGS PTE LTD
#0033550
LIBERTY TUBULAR SOLUTIONS PTE LTD
#0098223
2 parents
LIBERTY PRECISION TUBES LIMITED
09931306
liberty precision tubes limited directors
Liberty Precision Tubes Limited currently has 1 director, Mr Sanjeev Gupta serving since Dec 2015.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Sanjeev Gupta | United Kingdom | 53 years | Dec 2015 | - | Director |
P&L
March 2020turnover
19.1m
-25%
operating profit
74.7k
-116%
gross margin
10.9%
+126.31%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2020net assets
1.1m
-0.28%
total assets
12.8m
-0.03%
cash
403.5k
+10.53%
net assets
Total assets minus all liabilities
liberty precision tubes limited company details
company number
09931306
Type
Private limited with Share Capital
industry
24200 - Manufacture of tubes, pipes, hollow profiles and related fittings, of steel
incorporation date
December 2015
age
9
incorporated
UK
accounts
Full Accounts
ultimate parent company
previous names
N/A
last accounts submitted
March 2020
address
c/o marble power ltd, 1st floor, 3 more london place, london, SE1 2RE
accountant
-
auditor
KING & KING
liberty precision tubes 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 found 4 charges/mortgages relating to liberty precision tubes limited. Currently there are 0 open charges and 4 have been satisfied in the past.
liberty precision tubes limited Companies House Filings - See Documents
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