layforce ltd

layforce ltd Company Information

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Company Number

10068938

Industry

Computer consultancy activities

 

Buying and selling of own real estate

 

Shareholders

nicholas maximilian mlinaric

rewa mlinaric

Group Structure

View All

Contact

Registered Address

the plaza 535 kings road, london, SW10 0SZ

layforce ltd Estimated Valuation

£3.2m

Pomanda estimates the enterprise value of LAYFORCE LTD at £3.2m based on a Turnover of £2.5m and 1.31x industry multiple (adjusted for size and gross margin).

layforce ltd Estimated Valuation

£261.5k

Pomanda estimates the enterprise value of LAYFORCE LTD at £261.5k based on an EBITDA of £62.3k and a 4.2x industry multiple (adjusted for size and gross margin).

layforce ltd Estimated Valuation

£511.6k

Pomanda estimates the enterprise value of LAYFORCE LTD at £511.6k based on Net Assets of £261.4k and 1.96x industry multiple (adjusted for liquidity).

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Layforce Ltd Overview

Layforce Ltd is a live company located in london, SW10 0SZ with a Companies House number of 10068938. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in March 2016, it's largest shareholder is nicholas maximilian mlinaric with a 51% stake. Layforce Ltd is a young, small sized company, Pomanda has estimated its turnover at £2.5m with rapid growth in recent years.

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Layforce Ltd Health Check

Pomanda's financial health check has awarded Layforce Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

4 Strong

positive_score

2 Regular

positive_score

4 Weak

size

Size

annual sales of £2.5m, make it larger than the average company (£1m)

£2.5m - Layforce Ltd

£1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 40%, show it is growing at a faster rate (6.3%)

40% - Layforce Ltd

6.3% - Industry AVG

production

Production

with a gross margin of 24.4%, this company has a higher cost of product (56.4%)

24.4% - Layforce Ltd

56.4% - Industry AVG

profitability

Profitability

an operating margin of 2.5% make it less profitable than the average company (16.7%)

2.5% - Layforce Ltd

16.7% - Industry AVG

employees

Employees

with 7 employees, this is similar to the industry average (7)

7 - Layforce Ltd

7 - Industry AVG

paystructure

Pay Structure

on an average salary of £48.5k, the company has an equivalent pay structure (£48.5k)

£48.5k - Layforce Ltd

£48.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £352.1k, this is more efficient (£166.6k)

£352.1k - Layforce Ltd

£166.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 113 days, this is later than average (43 days)

113 days - Layforce Ltd

43 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 96 days, this is slower than average (29 days)

96 days - Layforce Ltd

29 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Layforce Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Layforce Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 66%, this is a higher level of debt than the average (57.9%)

66% - Layforce Ltd

57.9% - Industry AVG

LAYFORCE LTD financials

EXPORTms excel logo

Layforce Ltd's latest turnover from March 2024 is estimated at £2.5 million and the company has net assets of £261.4 thousand. According to their latest financial statements, we estimate that Layforce Ltd has 7 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017
Turnover2,464,7262,381,2451,950,754895,305630,5282,136,6462,009,2680
Other Income Or Grants00000000
Cost Of Sales1,863,0611,767,6261,447,209678,145476,1051,574,7011,470,8880
Gross Profit601,665613,619503,545217,160154,423561,945538,3800
Admin Expenses539,345563,034413,089101,137152,366553,192539,2721,453
Operating Profit62,32050,58590,456116,0232,0578,753-892-1,453
Interest Payable00000000
Interest Receivable00000000
Pre-Tax Profit62,32050,58590,456116,0232,0578,753-892-1,453
Tax-15,580-9,611-17,187-22,044-391-1,66300
Profit After Tax46,74040,97473,26993,9791,6667,090-892-1,453
Dividends Paid00000000
Retained Profit46,74040,97473,26993,9791,6667,090-892-1,453
Employee Costs339,682323,162264,86242,13843,63446,07843,99245,126
Number Of Employees77611111
EBITDA*62,32050,58590,456116,0232,0578,753-892-1,453

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017
Tangible Assets3955267641,107169,658163,853255255
Intangible Assets00000000
Investments & Other00000000
Debtors (Due After 1 year)00000000
Total Fixed Assets3955267641,107169,658163,853255255
Stock & work in progress00000000
Trade Debtors767,228762,235663,749443,653278,1441,004,033974,841975,733
Group Debtors00000000
Misc Debtors000120,8830000
Cash00000000
misc current assets00000000
total current assets767,228762,235663,749564,536278,1441,004,033974,841975,733
total assets767,623762,761664,513565,643447,8021,167,886975,096975,988
Bank overdraft00000000
Bank loan00000000
Trade Creditors 494,199538,473473,586444,390441,3901,163,140977,440977,440
Group/Directors Accounts00000000
other short term finances00000000
hp & lease commitments00000000
other current liabilities00000000
total current liabilities494,199538,473473,586444,390441,3901,163,140977,440977,440
loans00000000
hp & lease commitments00000000
Accruals and Deferred Income0009000000
other liabilities00000000
provisions12,0509,65417,26719,9620000
total long term liabilities12,0509,65417,26720,8620000
total liabilities506,249548,127490,853465,252441,3901,163,140977,440977,440
net assets261,374214,634173,660100,3916,4124,746-2,344-1,452
total shareholders funds261,374214,634173,660100,3916,4124,746-2,344-1,452
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017
Operating Activities
Operating Profit62,32050,58590,456116,0232,0578,753-892-1,453
Depreciation00000000
Amortisation00000000
Tax-15,580-9,611-17,187-22,044-391-1,66300
Stock00000000
Debtors4,99398,48699,213286,392-725,88929,192-892975,733
Creditors-44,27464,88729,1963,000-721,750185,7000977,440
Accruals and Deferred Income00-9009000000
Deferred Taxes & Provisions2,396-7,613-2,69519,9620000
Cash flow from operations-131-238-343-168,5515,805163,5980254
Investing Activities
capital expenditure131238343168,551-5,805-163,5980-255
Change in Investments00000000
cash flow from investments131238343168,551-5,805-163,5980-255
Financing Activities
Bank loans00000000
Group/Directors Accounts00000000
Other Short Term Loans 00000000
Long term loans00000000
Hire Purchase and Lease Commitments00000000
other long term liabilities00000000
share issue00000001
interest00000000
cash flow from financing00000001
cash and cash equivalents
cash00000000
overdraft00000000
change in cash00000000

layforce ltd 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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Layforce Ltd Competitor Analysis

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Perform a competitor analysis for layforce ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in SW10 area or any other competitors across 12 key performance metrics.

layforce ltd Ownership

LAYFORCE LTD group structure

Layforce Ltd has no subsidiary companies.

Ultimate parent company

LAYFORCE LTD

10068938

LAYFORCE LTD Shareholders

nicholas maximilian mlinaric 51%
rewa mlinaric 49%

layforce ltd directors

Layforce Ltd currently has 1 director, Mr Nicholas Mlinaric serving since Mar 2016.

officercountryagestartendrole
Mr Nicholas MlinaricEngland47 years Mar 2016- Director

P&L

March 2024

turnover

2.5m

+4%

operating profit

62.3k

0%

gross margin

24.5%

-5.27%

turnover

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

Balance Sheet

March 2024

net assets

261.4k

+0.22%

total assets

767.6k

+0.01%

cash

0

0%

net assets

Total assets minus all liabilities

layforce ltd company details

company number

10068938

Type

Private limited with Share Capital

industry

62020 - Computer consultancy activities

68100 - Buying and selling of own real estate

incorporation date

March 2016

age

8

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2024

previous names

nmm property limited (October 2020)

accountant

-

auditor

-

address

the plaza 535 kings road, london, SW10 0SZ

Bank

-

Legal Advisor

-

layforce 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 did not find charges/mortgages relating to layforce ltd.

layforce ltd 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.

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layforce ltd Companies House Filings - See Documents

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