lakeside association ltd
lakeside association ltd Company Information
Company Number
09957564
Registered Address
12, unit 12 pennywell shopping centr, sunderland, tyne and wear, SR4 9AS
Industry
Taxi operation
Telephone
01915281408
Next Accounts Due
81 days late
Group Structure
View All
Shareholders
raees iqbal malik 50%
faisal pervez 50%
lakeside association ltd Estimated Valuation
The estimated valuation range for lakeside association ltd, derived from financial data as of April 2022 and the most recent industry multiples, is between £85k to £286.6k
lakeside association ltd Estimated Valuation
The estimated valuation range for lakeside association ltd, derived from financial data as of April 2022 and the most recent industry multiples, is between £85k to £286.6k
lakeside association ltd Estimated Valuation
The estimated valuation range for lakeside association ltd, derived from financial data as of April 2022 and the most recent industry multiples, is between £85k to £286.6k
Get a detailed valuation report, edit figures and unlock valuation multiples.
Lakeside Association Ltd AI Business Plan
In just minutes, we combine Pomanda’s company and industry data with cutting edge Artificial Intelligence to build a comprehensive 27 section business plan. You then have 60 days to tailor the information, decide which sections to include or exclude, and add your own branding logos, images and color scheme to create your perfect plan.
Lakeside Association Ltd Overview
Lakeside Association Ltd is a live company located in sunderland, SR4 9AS with a Companies House number of 09957564. It operates in the taxi operation sector, SIC Code 49320. Founded in January 2016, it's largest shareholder is raees iqbal malik with a 50% stake. Lakeside Association Ltd is a young, small sized company, Pomanda has estimated its turnover at £764.5k with high growth in recent years.
Upgrade for unlimited company reports & a free credit check
Lakeside Association Ltd Health Check
Pomanda's financial health check has awarded Lakeside Association Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
3 Weak
Size
annual sales of £764.5k, make it larger than the average company (£324k)
- Lakeside Association Ltd
£324k - Industry AVG
Growth
3 year (CAGR) sales growth of 15%, show it is growing at a faster rate (-7.4%)
- Lakeside Association Ltd
-7.4% - Industry AVG
Production
with a gross margin of 45.7%, this company has a comparable cost of product (45.7%)
- Lakeside Association Ltd
45.7% - Industry AVG
Profitability
an operating margin of -0.3% make it less profitable than the average company (4.6%)
- Lakeside Association Ltd
4.6% - Industry AVG
Employees
with 1 employees, this is below the industry average (10)
1 - Lakeside Association Ltd
10 - Industry AVG
Pay Structure
on an average salary of £24.1k, the company has an equivalent pay structure (£24.1k)
- Lakeside Association Ltd
£24.1k - Industry AVG
Efficiency
resulting in sales per employee of £764.5k, this is more efficient (£72.3k)
- Lakeside Association Ltd
£72.3k - Industry AVG
Debtor Days
it gets paid by customers after 51 days, this is later than average (34 days)
- Lakeside Association Ltd
34 days - Industry AVG
Creditor Days
its suppliers are paid after 58 days, this is slower than average (23 days)
- Lakeside Association Ltd
23 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Lakeside Association Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 33 weeks, this is more cash available to meet short term requirements (28 weeks)
33 weeks - Lakeside Association Ltd
28 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 68.1%, this is a lower level of debt than the average (78.3%)
68.1% - Lakeside Association Ltd
78.3% - Industry AVG
lakeside association ltd Credit Report and Business Information
Lakeside Association Ltd Competitor Analysis
Perform a competitor analysis for lakeside association ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
lakeside association ltd Ownership
LAKESIDE ASSOCIATION LTD group structure
Lakeside Association Ltd has no subsidiary companies.
Ultimate parent company
LAKESIDE ASSOCIATION LTD
09957564
lakeside association ltd directors
Lakeside Association Ltd currently has 2 directors. The longest serving directors include Mr Faisal Pervez (Dec 2023) and Mr Raees Iqbal Malik (Dec 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Faisal Pervez | England | 31 years | Dec 2023 | - | Director |
| Mr Raees Iqbal Malik | United Kingdom | 20 years | Dec 2023 | - | Director |
LAKESIDE ASSOCIATION LTD financials
Lakeside Association Ltd's latest turnover from April 2022 is estimated at £764.5 thousand and the company has net assets of £100.2 thousand. According to their latest financial statements, Lakeside Association Ltd has 1 employee and maintains cash reserves of £118.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Jan 2018 | Jan 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 | 1 | 2 | 2 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Jan 2018 | Jan 2017 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 86,062 | 113,349 | 113,978 | 139,677 | 94,352 | 86,048 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 86,062 | 113,349 | 113,978 | 139,677 | 94,352 | 86,048 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 107,552 | 114,182 | 18,603 | 70,927 | 128,892 | 154,546 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 2,148 | 1,758 | 416 | 0 | 0 | 0 |
| Cash | 118,600 | 127,679 | 142,805 | 33,180 | 180 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 228,300 | 243,619 | 161,824 | 104,107 | 129,072 | 154,546 |
| total assets | 314,362 | 356,968 | 275,802 | 243,784 | 223,424 | 240,594 |
| Bank overdraft | 0 | 0 | 0 | 25,850 | 0 | 0 |
| Bank loan | 10,000 | 10,000 | 0 | 0 | 0 | 0 |
| Trade Creditors | 67,111 | 37,347 | 12,862 | 7,366 | 205,446 | 235,834 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 106,175 | 165,275 | 204,221 | 171,968 | 0 | 0 |
| total current liabilities | 183,286 | 212,622 | 217,083 | 205,184 | 205,446 | 235,834 |
| loans | 30,833 | 40,000 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 30,833 | 40,000 | 0 | 0 | 0 | 0 |
| total liabilities | 214,119 | 252,622 | 217,083 | 205,184 | 205,446 | 235,834 |
| net assets | 100,243 | 104,346 | 58,719 | 38,600 | 17,978 | 4,760 |
| total shareholders funds | 100,243 | 104,346 | 58,719 | 38,600 | 17,978 | 4,760 |
| Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Jan 2018 | Jan 2017 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 27,069 | 17,752 | 17,391 | 26,513 | 19,184 | |
| Amortisation | 0 | 50,000 | 0 | 0 | 0 | |
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -6,240 | 96,921 | -51,908 | -57,965 | -25,654 | 154,546 |
| Creditors | 29,764 | 24,485 | 5,496 | -198,080 | -30,388 | 235,834 |
| Accruals and Deferred Income | -59,100 | -38,946 | 32,253 | 171,968 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 10,000 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -9,167 | 40,000 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | -9,079 | -15,126 | 109,625 | 33,000 | 180 | 0 |
| overdraft | 0 | 0 | -25,850 | 25,850 | 0 | 0 |
| change in cash | -9,079 | -15,126 | 135,475 | 7,150 | 180 | 0 |
P&L
April 2022turnover
764.5k
-1%
operating profit
-2k
0%
gross margin
45.7%
-5.14%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2022net assets
100.2k
-0.04%
total assets
314.4k
-0.12%
cash
118.6k
-0.07%
net assets
Total assets minus all liabilities
lakeside association ltd company details
company number
09957564
Type
Private limited with Share Capital
industry
49320 - Taxi operation
incorporation date
January 2016
age
8
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
12, unit 12 pennywell shopping centr, sunderland, tyne and wear, SR4 9AS
last accounts submitted
April 2022
lakeside association 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 2 charges/mortgages relating to lakeside association ltd. Currently there are 1 open charges and 1 have been satisfied in the past.
lakeside association ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
