longwater (south east) limited Company Information
Company Number
10066654
Next Accounts
Sep 2025
Shareholders
longwater construction supplies limited
christopher reveley
View AllGroup Structure
View All
Industry
Wholesale of wood, construction materials and sanitary equipment
Registered Address
william frost way, longwater business park, norwich, NR5 0JS
Website
http://longwatersupply.comlongwater (south east) limited Estimated Valuation
Pomanda estimates the enterprise value of LONGWATER (SOUTH EAST) LIMITED at £2.4m based on a Turnover of £6m and 0.39x industry multiple (adjusted for size and gross margin).
longwater (south east) limited Estimated Valuation
Pomanda estimates the enterprise value of LONGWATER (SOUTH EAST) LIMITED at £753.8k based on an EBITDA of £201k and a 3.75x industry multiple (adjusted for size and gross margin).
longwater (south east) limited Estimated Valuation
Pomanda estimates the enterprise value of LONGWATER (SOUTH EAST) LIMITED at £2.2m based on Net Assets of £1.1m and 2x industry multiple (adjusted for liquidity).
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Longwater (south East) Limited Overview
Longwater (south East) Limited is a live company located in norwich, NR5 0JS with a Companies House number of 10066654. It operates in the wholesale of wood, construction materials and sanitary equipment sector, SIC Code 46730. Founded in March 2016, it's largest shareholder is longwater construction supplies limited with a 50% stake. Longwater (south East) Limited is a young, mid sized company, Pomanda has estimated its turnover at £6m with healthy growth in recent years.
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Longwater (south East) Limited Health Check
Pomanda's financial health check has awarded Longwater (South East) Limited a 2 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
5 Regular
5 Weak
Size
annual sales of £6m, make it smaller than the average company (£20.6m)
- Longwater (south East) Limited
£20.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 10%, show it is growing at a similar rate (9.3%)
- Longwater (south East) Limited
9.3% - Industry AVG
Production
with a gross margin of 24.8%, this company has a comparable cost of product (24.8%)
- Longwater (south East) Limited
24.8% - Industry AVG
Profitability
an operating margin of 1.8% make it less profitable than the average company (4%)
- Longwater (south East) Limited
4% - Industry AVG
Employees
with 15 employees, this is below the industry average (48)
15 - Longwater (south East) Limited
48 - Industry AVG
Pay Structure
on an average salary of £42.9k, the company has an equivalent pay structure (£42.9k)
- Longwater (south East) Limited
£42.9k - Industry AVG
Efficiency
resulting in sales per employee of £400.6k, this is equally as efficient (£390.8k)
- Longwater (south East) Limited
£390.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Longwater (south East) Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 83 days, this is slower than average (35 days)
- Longwater (south East) Limited
35 days - Industry AVG
Stock Days
it holds stock equivalent to 65 days, this is in line with average (55 days)
- Longwater (south East) Limited
55 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (12 weeks)
0 weeks - Longwater (south East) Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 63%, this is a higher level of debt than the average (44.6%)
63% - Longwater (south East) Limited
44.6% - Industry AVG
LONGWATER (SOUTH EAST) LIMITED financials
Longwater (South East) Limited's latest turnover from December 2023 is estimated at £6 million and the company has net assets of £1.1 million. According to their latest financial statements, Longwater (South East) Limited has 15 employees and maintains cash reserves of £27.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | 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 | 15 | 14 | 12 | 12 | 12 | 12 | 6 | 5 |
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Mar 2017 | |
---|---|---|---|---|---|---|---|---|
Tangible Assets | 371,295 | 348,824 | 289,016 | 327,064 | 434,582 | 358,401 | 159,770 | 117,836 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 371,295 | 348,824 | 289,016 | 327,064 | 434,582 | 358,401 | 159,770 | 117,836 |
Stock & work in progress | 814,498 | 1,019,915 | 847,160 | 447,616 | 492,615 | 304,217 | 252,623 | 154,011 |
Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group Debtors | 545,206 | 528,108 | 517,155 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 1,279,796 | 2,024,099 | 1,309,346 | 1,571,250 | 1,579,901 | 961,409 | 568,309 | 480,624 |
Cash | 27,730 | 248,651 | 0 | 211,536 | 29,504 | 199,841 | 12,643 | 30,914 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 2,667,230 | 3,820,773 | 2,673,661 | 2,230,402 | 2,102,020 | 1,465,467 | 833,575 | 665,549 |
total assets | 3,038,525 | 4,169,597 | 2,962,677 | 2,557,466 | 2,536,602 | 1,823,868 | 993,345 | 783,385 |
Bank overdraft | 0 | 0 | 121,455 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 1,030,329 | 2,010,108 | 1,093,439 | 1,191,434 | 1,254,147 | 986,426 | 647,576 | 675,585 |
Group/Directors Accounts | 262,226 | 300,858 | 276,635 | 0 | 0 | 121,649 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 44,173 | 47,674 | 46,832 | 94,140 | 97,672 | 98,583 | 18,971 | 18,565 |
other current liabilities | 504,538 | 637,907 | 487,468 | 505,003 | 386,874 | 114,358 | 47,271 | 17,318 |
total current liabilities | 1,841,266 | 2,996,547 | 2,025,829 | 1,790,577 | 1,738,693 | 1,321,016 | 713,818 | 711,468 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 18,406 | 62,579 | 3,500 | 50,045 | 56,399 | 153,784 | 64,097 | 78,091 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 55,547 | 72,976 | 41,812 | 53,222 | 71,678 | 49,043 | 30,356 | 0 |
total long term liabilities | 73,953 | 135,555 | 45,312 | 103,267 | 128,077 | 202,827 | 94,453 | 78,091 |
total liabilities | 1,915,219 | 3,132,102 | 2,071,141 | 1,893,844 | 1,866,770 | 1,523,843 | 808,271 | 789,559 |
net assets | 1,123,306 | 1,037,495 | 891,536 | 663,622 | 669,832 | 300,025 | 185,074 | -6,174 |
total shareholders funds | 1,123,306 | 1,037,495 | 891,536 | 663,622 | 669,832 | 300,025 | 185,074 | -6,174 |
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Mar 2017 | |
---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||
Operating Profit | ||||||||
Depreciation | 93,872 | 88,702 | 91,445 | 108,798 | 92,032 | 86,031 | 23,394 | 2,763 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | ||||||||
Stock | -205,417 | 172,755 | 399,544 | -44,999 | 188,398 | 51,594 | 252,623 | 154,011 |
Debtors | -727,205 | 725,706 | 255,251 | -8,651 | 618,492 | 393,100 | 568,309 | 480,624 |
Creditors | -979,779 | 916,669 | -97,995 | -62,713 | 267,721 | 338,850 | 647,576 | 675,585 |
Accruals and Deferred Income | -133,369 | 150,439 | -17,535 | 118,129 | 272,516 | 67,087 | 47,271 | 17,318 |
Deferred Taxes & Provisions | -17,429 | 31,164 | -11,410 | -18,456 | 22,635 | 18,687 | 30,356 | 0 |
Cash flow from operations | ||||||||
Investing Activities | ||||||||
capital expenditure | ||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | ||||||||
Financing Activities | ||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | -38,632 | 24,223 | 276,635 | 0 | -121,649 | 121,649 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | -47,674 | 59,921 | -93,853 | -9,886 | -98,296 | 169,299 | 83,068 | 96,656 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | ||||||||
interest | ||||||||
cash flow from financing | ||||||||
cash and cash equivalents | ||||||||
cash | -220,921 | 248,651 | -211,536 | 182,032 | -170,337 | 187,198 | 12,643 | 30,914 |
overdraft | 0 | -121,455 | 121,455 | 0 | 0 | 0 | 0 | 0 |
change in cash | -220,921 | 370,106 | -332,991 | 182,032 | -170,337 | 187,198 | 12,643 | 30,914 |
longwater (south east) limited Credit Report and Business Information
Longwater (south East) Limited Competitor Analysis
Perform a competitor analysis for longwater (south east) limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mid companies, companies in NR5 area or any other competitors across 12 key performance metrics.
longwater (south east) limited Ownership
LONGWATER (SOUTH EAST) LIMITED group structure
Longwater (South East) Limited has 1 subsidiary company.
Ultimate parent company
2 parents
LONGWATER (SOUTH EAST) LIMITED
10066654
1 subsidiary
longwater (south east) limited directors
Longwater (South East) Limited currently has 4 directors. The longest serving directors include Mr Neil Carter (Mar 2016) and Mr Neil Olds (Jan 2017).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Neil Carter | England | 57 years | Mar 2016 | - | Director |
Mr Neil Olds | United Kingdom | 41 years | Jan 2017 | - | Director |
Mr Graham Turkentine | United Kingdom | 59 years | Jan 2017 | - | Director |
Mr Chris Reveley | United Kingdom | 45 years | Jan 2017 | - | Director |
P&L
December 2023turnover
6m
-27%
operating profit
107.2k
0%
gross margin
24.8%
+0.02%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
1.1m
+0.08%
total assets
3m
-0.27%
cash
27.7k
-0.89%
net assets
Total assets minus all liabilities
longwater (south east) limited company details
company number
10066654
Type
Private limited with Share Capital
industry
46730 - Wholesale of wood, construction materials and sanitary equipment
incorporation date
March 2016
age
9
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
N/A
accountant
MA PARTNERS AUDIT LLP
auditor
-
address
william frost way, longwater business park, norwich, NR5 0JS
Bank
-
Legal Advisor
-
longwater (south east) 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 5 charges/mortgages relating to longwater (south east) limited. Currently there are 5 open charges and 0 have been satisfied in the past.
longwater (south east) limited 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 LONGWATER (SOUTH EAST) LIMITED. This can take several minutes, an email will notify you when this has completed.
longwater (south east) limited Companies House Filings - See Documents
date | description | view/download |
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