low cost funeral limited
low cost funeral limited Company Information
Company Number
10119791
Next Accounts
Sep 2025
Shareholders
darwin bereavement properties (guernsey) limited
Group Structure
View All
Industry
Funeral and related activities
Registered Address
the pool house bicester road, stratton audley, bicester, oxfordshire, OX27 9BS
Website
www.low-cost-funeral.co.uklow cost funeral limited Estimated Valuation
Pomanda estimates the enterprise value of LOW COST FUNERAL LIMITED at £7.5m based on a Turnover of £9.1m and 0.82x industry multiple (adjusted for size and gross margin).
low cost funeral limited Estimated Valuation
Pomanda estimates the enterprise value of LOW COST FUNERAL LIMITED at £0 based on an EBITDA of £-2.7m and a 5.73x industry multiple (adjusted for size and gross margin).
low cost funeral limited Estimated Valuation
Pomanda estimates the enterprise value of LOW COST FUNERAL LIMITED at £70.6m based on Net Assets of £24.2m and 2.92x industry multiple (adjusted for liquidity).
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Low Cost Funeral Limited Overview
Low Cost Funeral Limited is a live company located in bicester, OX27 9BS with a Companies House number of 10119791. It operates in the funeral and related activities sector, SIC Code 96030. Founded in April 2016, it's largest shareholder is darwin bereavement properties (guernsey) limited with a 100% stake. Low Cost Funeral Limited is a young, mid sized company, Pomanda has estimated its turnover at £9.1m with healthy growth in recent years.
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Low Cost Funeral Limited Health Check
Pomanda's financial health check has awarded Low Cost Funeral Limited a 4 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
3 Regular
3 Weak
Size
annual sales of £9.1m, make it larger than the average company (£1.8m)
£9.1m - Low Cost Funeral Limited
£1.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a faster rate (4.2%)
6% - Low Cost Funeral Limited
4.2% - Industry AVG
Production
with a gross margin of 70.3%, this company has a comparable cost of product (62.8%)
70.3% - Low Cost Funeral Limited
62.8% - Industry AVG
Profitability
an operating margin of -31.9% make it less profitable than the average company (13%)
-31.9% - Low Cost Funeral Limited
13% - Industry AVG
Employees
with 64 employees, this is above the industry average (14)
64 - Low Cost Funeral Limited
14 - Industry AVG
Pay Structure
on an average salary of £36.8k, the company has an equivalent pay structure (£32.6k)
£36.8k - Low Cost Funeral Limited
£32.6k - Industry AVG
Efficiency
resulting in sales per employee of £142.2k, this is equally as efficient (£124k)
£142.2k - Low Cost Funeral Limited
£124k - Industry AVG
Debtor Days
it gets paid by customers after 9 days, this is earlier than average (21 days)
9 days - Low Cost Funeral Limited
21 days - Industry AVG
Creditor Days
its suppliers are paid after 66 days, this is slower than average (27 days)
66 days - Low Cost Funeral Limited
27 days - Industry AVG
Stock Days
it holds stock equivalent to 0 days, this is less than average (6 days)
0 days - Low Cost Funeral Limited
6 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (18 weeks)
5 weeks - Low Cost Funeral Limited
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 58.8%, this is a higher level of debt than the average (46.1%)
58.8% - Low Cost Funeral Limited
46.1% - Industry AVG
LOW COST FUNERAL LIMITED financials
Low Cost Funeral Limited's latest turnover from December 2023 is £9.1 million and the company has net assets of £24.2 million. According to their latest financial statements, Low Cost Funeral Limited has 64 employees and maintains cash reserves of £452.3 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 | Dec 2016 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 9,098,547 | 13,727,385 | 11,456,914 | 7,664,579 | ||||
| Other Income Or Grants | ||||||||
| Cost Of Sales | 2,705,309 | 5,392,557 | 5,392,768 | 5,068,682 | ||||
| Gross Profit | 6,393,238 | 8,334,828 | 6,064,146 | 2,595,897 | ||||
| Admin Expenses | 9,293,961 | 8,614,028 | 5,107,420 | 1,131,523 | ||||
| Operating Profit | -2,900,723 | -279,200 | 956,726 | 1,464,374 | ||||
| Interest Payable | ||||||||
| Interest Receivable | 13,494 | 36,240 | 36,829 | |||||
| Pre-Tax Profit | -2,900,723 | -265,706 | 992,966 | 1,501,203 | ||||
| Tax | -61,510 | -24,867 | -184,576 | -286,509 | ||||
| Profit After Tax | -2,962,233 | -290,573 | 808,390 | 1,214,694 | ||||
| Dividends Paid | 2,000,000 | |||||||
| Retained Profit | -2,962,233 | -290,573 | -1,191,610 | 1,214,694 | ||||
| Employee Costs | 2,354,955 | 3,681,702 | 1,472,833 | 389,115 | ||||
| Number Of Employees | 64 | 75 | 35 | 11 | 7 | 5 | 5 | 4 |
| EBITDA* | -2,735,246 | -279,200 | 1,020,273 | 1,483,769 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 216,438 | 360,122 | 160,328 | 75,047 | 19,349 | 28,309 | 27,322 | 7,050 |
| Intangible Assets | 24,958 | 50,859 | 69,762 | 29,225 | 10,929 | 12,577 | ||
| Investments & Other | 56,342,062 | 57,550,994 | 7,250,004 | 4 | 55,000 | 63,889 | ||
| Debtors (Due After 1 year) | 809,642 | 773,402 | ||||||
| Total Fixed Assets | 56,583,458 | 57,961,975 | 8,289,736 | 877,678 | 30,278 | 95,886 | 91,211 | 7,050 |
| Stock & work in progress | 6,672 | 2,993 | 8,424 | |||||
| Trade Debtors | 241,659 | 349,201 | 729,401 | 583,232 | 297,040 | 327,876 | 34,847 | 4,550 |
| Group Debtors | 663,382 | 346,918 | 173,059 | 180,212 | 67,868 | |||
| Misc Debtors | 760,076 | 985,867 | 475,979 | 44,229 | 456,186 | 3,515 | 15,890 | 7,665 |
| Cash | 452,337 | 429,617 | 898,213 | 1,196,771 | 709,103 | 100,066 | 7,117 | 41,656 |
| misc current assets | ||||||||
| total current assets | 2,124,126 | 2,114,596 | 2,285,076 | 2,004,444 | 1,462,329 | 431,457 | 125,722 | 53,871 |
| total assets | 58,707,584 | 60,076,571 | 10,574,812 | 2,882,122 | 1,492,607 | 527,343 | 216,933 | 60,921 |
| Bank overdraft | ||||||||
| Bank loan | ||||||||
| Trade Creditors | 490,761 | 189,282 | 430,732 | 177,773 | 357,953 | 278,146 | 162,219 | 31,073 |
| Group/Directors Accounts | 1,373,354 | 180,907 | 50,000 | 38,479 | ||||
| other short term finances | ||||||||
| hp & lease commitments | ||||||||
| other current liabilities | 2,627,948 | 2,088,410 | 2,267,344 | 954,406 | 607,911 | 153,485 | 94,807 | 59,044 |
| total current liabilities | 4,492,063 | 2,458,599 | 2,748,076 | 1,132,179 | 965,864 | 470,110 | 257,026 | 90,117 |
| loans | ||||||||
| hp & lease commitments | ||||||||
| Accruals and Deferred Income | ||||||||
| other liabilities | 1,340,438 | 10,609,652 | ||||||
| provisions | 28,676,824 | 25,964,819 | 32,662 | 14,259 | 5,753 | 4,812 | 4,645 | 1,269 |
| total long term liabilities | 30,017,262 | 36,574,471 | 32,662 | 14,259 | 5,753 | 4,812 | 4,645 | 1,269 |
| total liabilities | 34,509,325 | 39,033,070 | 2,780,738 | 1,146,438 | 971,617 | 474,922 | 261,671 | 91,386 |
| net assets | 24,198,259 | 21,043,501 | 7,794,074 | 1,735,684 | 520,990 | 52,421 | -44,738 | -30,465 |
| total shareholders funds | 24,198,259 | 21,043,501 | 7,794,074 | 1,735,684 | 520,990 | 52,421 | -44,738 | -30,465 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | -2,900,723 | -279,200 | 956,726 | 1,464,374 | ||||
| Depreciation | 152,954 | 47,174 | 14,051 | 19,327 | 13,870 | 8,017 | 786 | |
| Amortisation | 12,523 | 16,373 | 5,344 | 2,723 | 313 | |||
| Tax | -61,510 | -24,867 | -184,576 | -286,509 | ||||
| Stock | 3,679 | -5,431 | 8,424 | |||||
| Debtors | -16,869 | -506,095 | 607,006 | 827,849 | 421,835 | 212,786 | 106,390 | 12,215 |
| Creditors | 301,479 | -241,450 | 252,959 | -180,180 | 79,807 | 115,927 | 131,146 | 31,073 |
| Accruals and Deferred Income | 539,538 | -178,934 | 1,312,938 | 346,495 | 454,426 | 58,678 | 35,763 | 59,044 |
| Deferred Taxes & Provisions | 2,712,005 | 25,932,157 | 18,403 | 8,506 | 941 | 167 | 3,376 | 1,269 |
| Cash flow from operations | 769,456 | 1,804,567 | 544,232 | |||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | -1,208,932 | 50,300,990 | 7,250,000 | 4 | -55,000 | -8,889 | 63,889 | |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | ||||||||
| Group/Directors Accounts | 1,192,447 | 130,907 | 50,000 | -38,479 | 38,479 | |||
| Other Short Term Loans | ||||||||
| Long term loans | ||||||||
| Hire Purchase and Lease Commitments | ||||||||
| other long term liabilities | -9,269,214 | 10,609,652 | ||||||
| share issue | ||||||||
| interest | 13,494 | 36,240 | 36,829 | |||||
| cash flow from financing | -1,959,776 | 24,294,053 | 7,336,240 | 36,829 | ||||
| cash and cash equivalents | ||||||||
| cash | 22,720 | -468,596 | -298,558 | 487,668 | 609,037 | 92,949 | -34,539 | 41,656 |
| overdraft | ||||||||
| change in cash | 22,720 | -468,596 | -298,558 | 487,668 | 609,037 | 92,949 | -34,539 | 41,656 |
low cost funeral limited Credit Report and Business Information
Low Cost Funeral Limited Competitor Analysis
Perform a competitor analysis for low cost funeral limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other mid companies, companies in OX27 area or any other competitors across 12 key performance metrics.
low cost funeral limited Ownership
LOW COST FUNERAL LIMITED group structure
Low Cost Funeral Limited has 5 subsidiary companies.
Ultimate parent company
DARWIN BEREAVEMENT PROPERTIES LTD
#0122260
1 parent
LOW COST FUNERAL LIMITED
10119791
5 subsidiaries
low cost funeral limited directors
Low Cost Funeral Limited currently has 5 directors. The longest serving directors include Mr Anthony Esse (May 2021) and Mr Anthony Esse (May 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Anthony Esse | United Kingdom | 63 years | May 2021 | - | Director |
| Mr Anthony Esse | United Kingdom | 63 years | May 2021 | - | Director |
| Mr Christopher Penney | United Kingdom | 60 years | May 2021 | - | Director |
| Mrs Catherine Gray | England | 59 years | Feb 2023 | - | Director |
| Mr Paul Underwood | England | 63 years | Jan 2025 | - | Director |
P&L
December 2023turnover
9.1m
-34%
operating profit
-2.9m
+939%
gross margin
70.3%
+15.73%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
24.2m
+0.15%
total assets
58.7m
-0.02%
cash
452.3k
+0.05%
net assets
Total assets minus all liabilities
low cost funeral limited company details
company number
10119791
Type
Private limited with Share Capital
industry
96030 - Funeral and related activities
incorporation date
April 2016
age
9
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
BUZZACOTT LLP
address
the pool house bicester road, stratton audley, bicester, oxfordshire, OX27 9BS
Bank
-
Legal Advisor
-
low cost funeral 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 2 charges/mortgages relating to low cost funeral limited. Currently there are 2 open charges and 0 have been satisfied in the past.
low cost funeral 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 LOW COST FUNERAL LIMITED. This can take several minutes, an email will notify you when this has completed.
low cost funeral limited Companies House Filings - See Documents
| date | description | view/download |
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