local market enterprises limited
local market enterprises limited Company Information
Company Number
10001558
Website
http://digitalmist.comRegistered Address
28&29a station street, walsall, WS2 9JZ
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Telephone
-
Next Accounts Due
March 2025
Group Structure
View All
Directors
Jordan Burnett6 Years
Shareholders
ms marion nicole durville 50%
mrs joan burnett 50%
local market enterprises limited Estimated Valuation
Pomanda estimates the enterprise value of LOCAL MARKET ENTERPRISES LIMITED at £660.9k based on a Turnover of £555.4k and 1.19x industry multiple (adjusted for size and gross margin).
local market enterprises limited Estimated Valuation
Pomanda estimates the enterprise value of LOCAL MARKET ENTERPRISES LIMITED at £0 based on an EBITDA of £-93.1k and a 4.45x industry multiple (adjusted for size and gross margin).
local market enterprises limited Estimated Valuation
Pomanda estimates the enterprise value of LOCAL MARKET ENTERPRISES LIMITED at £0 based on Net Assets of £-92.9k and 1.84x industry multiple (adjusted for liquidity).
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Local Market Enterprises Limited Overview
Local Market Enterprises Limited is a live company located in walsall, WS2 9JZ with a Companies House number of 10001558. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in February 2016, it's largest shareholder is ms marion nicole durville with a 50% stake. Local Market Enterprises Limited is a young, small sized company, Pomanda has estimated its turnover at £555.4k with high growth in recent years.
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Local Market Enterprises Limited Health Check
Pomanda's financial health check has awarded Local Market Enterprises Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
5 Weak
Size
annual sales of £555.4k, make it smaller than the average company (£18.8m)
- Local Market Enterprises Limited
£18.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 23%, show it is growing at a faster rate (8.2%)
- Local Market Enterprises Limited
8.2% - Industry AVG
Production
with a gross margin of 34.8%, this company has a comparable cost of product (34.8%)
- Local Market Enterprises Limited
34.8% - Industry AVG
Profitability
an operating margin of -16.8% make it less profitable than the average company (4.6%)
- Local Market Enterprises Limited
4.6% - Industry AVG
Employees
with 3 employees, this is below the industry average (107)
3 - Local Market Enterprises Limited
107 - Industry AVG
Pay Structure
on an average salary of £42.8k, the company has an equivalent pay structure (£42.8k)
- Local Market Enterprises Limited
£42.8k - Industry AVG
Efficiency
resulting in sales per employee of £185.1k, this is equally as efficient (£185.1k)
- Local Market Enterprises Limited
£185.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Local Market Enterprises Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Local Market Enterprises Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Local Market Enterprises Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (14 weeks)
0 weeks - Local Market Enterprises Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 243.4%, this is a higher level of debt than the average (69.6%)
243.4% - Local Market Enterprises Limited
69.6% - Industry AVG
LOCAL MARKET ENTERPRISES LIMITED financials
Local Market Enterprises Limited's latest turnover from June 2023 is estimated at £555.4 thousand and the company has net assets of -£92.9 thousand. According to their latest financial statements, Local Market Enterprises Limited has 3 employees and maintains cash reserves of £201 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 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 | 3 | 2 | 2 | 2 | 2 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 64,500 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 64,500 | 64,500 | 64,500 | 64,500 | 0 | 64,500 | 64,500 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 64,500 | 64,500 | 64,500 | 64,500 | 64,500 | 64,500 | 64,500 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 120 | 125 | 120 | 120 | 0 | 120 | 120 |
| Cash | 201 | 2,703 | 2,098 | 2,108 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 321 | 2,828 | 2,218 | 2,228 | 120 | 120 | 120 |
| total assets | 64,821 | 67,328 | 66,718 | 66,728 | 64,620 | 64,620 | 64,620 |
| Bank overdraft | 0 | 0 | 0 | 0 | 32 | 32 | 32 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 1 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 157,770 | 133,555 | 116,662 | 95,418 | 0 | 77,489 | 77,489 |
| total current liabilities | 157,770 | 133,555 | 116,662 | 95,419 | 70,311 | 70,311 | 77,521 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 157,770 | 133,555 | 116,662 | 95,419 | 70,311 | 70,311 | 77,521 |
| net assets | -92,949 | -66,227 | -49,944 | -28,691 | -5,691 | -5,691 | -12,901 |
| total shareholders funds | -92,949 | -66,227 | -49,944 | -28,691 | -5,691 | -5,691 | -12,901 |
| Jun 2023 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 120 | 5 | 0 | 120 | -120 | 0 | 120 |
| Creditors | 0 | 0 | -1 | 1 | 0 | 0 | 0 |
| Accruals and Deferred Income | 157,770 | 16,893 | 21,244 | 95,418 | -77,489 | 0 | 77,489 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 64,500 | 0 | 0 | 64,500 | -64,500 | 0 | 64,500 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | 201 | 605 | -10 | 2,108 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | -32 | 0 | 0 | 32 |
| change in cash | 201 | 605 | -10 | 2,140 | 0 | 0 | -32 |
local market enterprises limited Credit Report and Business Information
Local Market Enterprises Limited Competitor Analysis
Perform a competitor analysis for local market enterprises limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in WS2 area or any other competitors across 12 key performance metrics.
local market enterprises limited Ownership
LOCAL MARKET ENTERPRISES LIMITED group structure
Local Market Enterprises Limited has 3 subsidiary companies.
Ultimate parent company
LOCAL MARKET ENTERPRISES LIMITED
10001558
3 subsidiaries
local market enterprises limited directors
Local Market Enterprises Limited currently has 1 director, Mr Jordan Burnett serving since Jan 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jordan Burnett | 36 years | Jan 2018 | - | Director |
P&L
June 2023turnover
555.4k
0%
operating profit
-93.1k
0%
gross margin
34.9%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
-92.9k
0%
total assets
64.8k
0%
cash
201
0%
net assets
Total assets minus all liabilities
local market enterprises limited company details
company number
10001558
Type
Private limited with Share Capital
industry
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
incorporation date
February 2016
age
8
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
birwood group limited (August 2016)
last accounts submitted
June 2023
address
28&29a station street, walsall, WS2 9JZ
accountant
PINK ACCOUNTANTS
auditor
-
local market enterprises 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 local market enterprises limited.
local market enterprises limited Companies House Filings - See Documents
| date | description | view/download |
|---|
