laser limited

3.5

laser limited Company Information

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Company Number

10034244

Registered Address

alexandra house, 43 alexandra street, nottingham, nottinghamshire, NG5 1AY

Industry

Manufacture of other fabricated metal products n.e.c.

 

Telephone

02083337491

Next Accounts Due

September 2024

Group Structure

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Directors

Robert Smith8 Years

Catherine Smith8 Years

Shareholders

quickits holdings limited 100%

laser limited Estimated Valuation

£2.8m

Pomanda estimates the enterprise value of LASER LIMITED at £2.8m based on a Turnover of £4.9m and 0.58x industry multiple (adjusted for size and gross margin).

laser limited Estimated Valuation

£1.4m

Pomanda estimates the enterprise value of LASER LIMITED at £1.4m based on an EBITDA of £321.6k and a 4.46x industry multiple (adjusted for size and gross margin).

laser limited Estimated Valuation

£298.2k

Pomanda estimates the enterprise value of LASER LIMITED at £298.2k based on Net Assets of £581.4k and 0.51x industry multiple (adjusted for liquidity).

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Laser Limited Overview

Laser Limited is a live company located in nottingham, NG5 1AY with a Companies House number of 10034244. It operates in the manufacture of other fabricated metal products n.e.c. sector, SIC Code 25990. Founded in March 2016, it's largest shareholder is quickits holdings limited with a 100% stake. Laser Limited is a young, small sized company, Pomanda has estimated its turnover at £4.9m with high growth in recent years.

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Laser Limited Health Check

Pomanda's financial health check has awarded Laser Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

4 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £4.9m, make it smaller than the average company (£12.3m)

£4.9m - Laser Limited

£12.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 17%, show it is growing at a faster rate (2.9%)

17% - Laser Limited

2.9% - Industry AVG

production

Production

with a gross margin of 30.2%, this company has a comparable cost of product (30.2%)

30.2% - Laser Limited

30.2% - Industry AVG

profitability

Profitability

an operating margin of 4.5% make it less profitable than the average company (6.4%)

4.5% - Laser Limited

6.4% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (77)

2 - Laser Limited

77 - Industry AVG

paystructure

Pay Structure

on an average salary of £38.5k, the company has an equivalent pay structure (£38.5k)

£38.5k - Laser Limited

£38.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £2.4m, this is more efficient (£149.4k)

£2.4m - Laser Limited

£149.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 150 days, this is later than average (63 days)

150 days - Laser Limited

63 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 57 days, this is slower than average (49 days)

57 days - Laser Limited

49 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 7 days, this is less than average (76 days)

7 days - Laser Limited

76 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (13 weeks)

1 weeks - Laser Limited

13 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 77.3%, this is a higher level of debt than the average (47.5%)

77.3% - Laser Limited

47.5% - Industry AVG

LASER LIMITED financials

EXPORTms excel logo

Laser Limited's latest turnover from December 2022 is estimated at £4.9 million and the company has net assets of £581.4 thousand. According to their latest financial statements, Laser Limited has 2 employees and maintains cash reserves of £32.5 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016
Turnover4,898,6953,756,8434,413,3403,056,8632,238,9221,504,792316,564
Other Income Or Grants0000000
Cost Of Sales3,421,3552,647,2353,098,1552,143,7971,572,5061,042,090219,006
Gross Profit1,477,3401,109,6081,315,186913,066666,416462,70297,558
Admin Expenses1,258,0471,007,5701,282,794823,751521,984369,82956,683
Operating Profit219,293102,03832,39289,315144,43292,87340,875
Interest Payable001,7492,49856300
Interest Receivable1,45093166868190
Pre-Tax Profit220,743102,13130,65886,885143,93892,89140,875
Tax-41,941-19,405-5,825-16,508-27,348-17,649-8,175
Profit After Tax178,80282,72624,83370,377116,59075,24232,700
Dividends Paid0000000
Retained Profit178,80282,72624,83370,377116,59075,24232,700
Employee Costs77,03872,6981,304,771857,924621,115439,24399,639
Number Of Employees22362418133
EBITDA*321,581232,27576,36995,709145,52593,16341,046

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016
Tangible Assets288,315390,603511,99818,79025,1841,1581,448
Intangible Assets0000000
Investments & Other0000000
Debtors (Due After 1 year)0000000
Total Fixed Assets288,315390,603511,99818,79025,1841,1581,448
Stock & work in progress74,32457,81439,50830,93027,66423,98120,173
Trade Debtors2,018,5571,496,5471,044,396746,912582,078388,22877,610
Group Debtors0000000
Misc Debtors149,86690,645266,886213,76296,09230,512100
Cash32,50850,37323,8757,24310,9607,290198
misc current assets0000000
total current assets2,275,2551,695,3791,374,665998,847716,794450,01198,081
total assets2,563,5702,085,9821,886,6631,017,637741,978451,16999,529
Bank overdraft00057,34716,66700
Bank loan0000000
Trade Creditors 539,519589,491842,888619,302435,560316,68858,776
Group/Directors Accounts889,094482,83127,1810000
other short term finances0000000
hp & lease commitments93,47593,475116,9630000
other current liabilities114,22553,8566,92442,40954,92826,4397,953
total current liabilities1,636,3131,219,653993,956719,058507,155343,12766,729
loans0000000
hp & lease commitments272,635366,110475,5850000
Accruals and Deferred Income0000000
other liabilities00005,40600
provisions73,25297,65197,2803,5704,78500
total long term liabilities345,887463,761572,8653,57010,19100
total liabilities1,982,2001,683,4141,566,821722,628517,346343,12766,729
net assets581,370402,568319,842295,009224,632108,04232,800
total shareholders funds581,370402,568319,842295,009224,632108,04232,800
Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016
Operating Activities
Operating Profit219,293102,03832,39289,315144,43292,87340,875
Depreciation102,288130,23743,9776,3941,093290171
Amortisation0000000
Tax-41,941-19,405-5,825-16,508-27,348-17,649-8,175
Stock16,51018,3068,5783,2663,6833,80820,173
Debtors581,231275,910350,608282,504259,430341,03077,710
Creditors-49,972-253,397223,586183,742118,872257,91258,776
Accruals and Deferred Income60,36946,932-35,485-12,51928,48918,4867,953
Deferred Taxes & Provisions-24,39937193,710-1,2154,78500
Cash flow from operations-332,103-287,440-6,831-36,5617,2107,0741,717
Investing Activities
capital expenditure0-8,842-537,1850-25,1190-1,619
Change in Investments0000000
cash flow from investments0-8,842-537,1850-25,1190-1,619
Financing Activities
Bank loans0000000
Group/Directors Accounts406,263455,65027,1810000
Other Short Term Loans 0000000
Long term loans0000000
Hire Purchase and Lease Commitments-93,475-132,963592,5480000
other long term liabilities000-5,4065,40600
share issue000000100
interest1,45093-1,733-2,430-495190
cash flow from financing314,238322,780617,996-7,8364,91119100
cash and cash equivalents
cash-17,86526,49816,632-3,7173,6707,092198
overdraft00-57,34740,68016,66700
change in cash-17,86526,49873,979-44,397-12,9977,092198

laser limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Laser Limited Competitor Analysis

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Perform a competitor analysis for laser limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in NG5 area or any other competitors across 12 key performance metrics.

laser limited Ownership

LASER LIMITED group structure

Laser Limited has no subsidiary companies.

Ultimate parent company

1 parent

LASER LIMITED

10034244

LASER LIMITED Shareholders

quickits holdings limited 100%

laser limited directors

Laser Limited currently has 2 directors. The longest serving directors include Mr Robert Smith (Mar 2016) and Mrs Catherine Smith (Mar 2016).

officercountryagestartendrole
Mr Robert SmithEngland53 years Mar 2016- Director
Mrs Catherine SmithUnited Kingdom48 years Mar 2016- Director

P&L

December 2022

turnover

4.9m

+30%

operating profit

219.3k

0%

gross margin

30.2%

+2.11%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2022

net assets

581.4k

+0.44%

total assets

2.6m

+0.23%

cash

32.5k

-0.35%

net assets

Total assets minus all liabilities

laser limited company details

company number

10034244

Type

Private limited with Share Capital

industry

25990 - Manufacture of other fabricated metal products n.e.c.

incorporation date

March 2016

age

8

incorporated

UK

accounts

Total Exemption Full

ultimate parent company

previous names

N/A

last accounts submitted

December 2022

address

alexandra house, 43 alexandra street, nottingham, nottinghamshire, NG5 1AY

accountant

HOBSON WRIGHT VIGAR

auditor

-

laser 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 laser limited.

charges

laser limited Companies House Filings - See Documents

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