lydgate ltd
lydgate ltd Company Information
Company Number
10363822
Website
-Registered Address
unit 2c swallowgate business par, holbrook lane, coventry, CV6 4BL
Industry
Wholesale of other intermediate products
Telephone
01484222484
Next Accounts Due
844 days late
Group Structure
View All
Directors
Raj Kumar8 Years
Shareholders
raj kumar 100%
lydgate ltd Estimated Valuation
Pomanda estimates the enterprise value of LYDGATE LTD at £1.1m based on a Turnover of £3.3m and 0.33x industry multiple (adjusted for size and gross margin).
lydgate ltd Estimated Valuation
Pomanda estimates the enterprise value of LYDGATE LTD at £1.4m based on an EBITDA of £458k and a 3.04x industry multiple (adjusted for size and gross margin).
lydgate ltd Estimated Valuation
Pomanda estimates the enterprise value of LYDGATE LTD at £4m based on Net Assets of £1.7m and 2.27x industry multiple (adjusted for liquidity).
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Lydgate Ltd Overview
Lydgate Ltd is a live company located in coventry, CV6 4BL with a Companies House number of 10363822. It operates in the wholesale of other intermediate products sector, SIC Code 46760. Founded in September 2016, it's largest shareholder is raj kumar with a 100% stake. Lydgate Ltd is a young, small sized company, Pomanda has estimated its turnover at £3.3m with rapid growth in recent years.
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Lydgate Ltd Health Check
Pomanda's financial health check has awarded Lydgate Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 5 areas for improvement. Company Health Check FAQs
6 Strong
1 Regular
5 Weak
Size
annual sales of £3.3m, make it smaller than the average company (£14.2m)
- Lydgate Ltd
£14.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 112%, show it is growing at a faster rate (4.2%)
- Lydgate Ltd
4.2% - Industry AVG
Production
with a gross margin of 16.9%, this company has a higher cost of product (23.8%)
- Lydgate Ltd
23.8% - Industry AVG
Profitability
an operating margin of 14% make it more profitable than the average company (4.6%)
- Lydgate Ltd
4.6% - Industry AVG
Employees
with 45 employees, this is above the industry average (26)
45 - Lydgate Ltd
26 - Industry AVG
Pay Structure
on an average salary of £41.2k, the company has an equivalent pay structure (£41.2k)
- Lydgate Ltd
£41.2k - Industry AVG
Efficiency
resulting in sales per employee of £72.6k, this is less efficient (£385.4k)
- Lydgate Ltd
£385.4k - Industry AVG
Debtor Days
it gets paid by customers after 19 days, this is earlier than average (57 days)
- Lydgate Ltd
57 days - Industry AVG
Creditor Days
its suppliers are paid after 26 days, this is quicker than average (31 days)
- Lydgate Ltd
31 days - Industry AVG
Stock Days
it holds stock equivalent to 91 days, this is more than average (58 days)
- Lydgate Ltd
58 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 81 weeks, this is more cash available to meet short term requirements (16 weeks)
81 weeks - Lydgate Ltd
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 10.2%, this is a lower level of debt than the average (44.2%)
10.2% - Lydgate Ltd
44.2% - Industry AVG
LYDGATE LTD financials
Lydgate Ltd's latest turnover from September 2020 is estimated at £3.3 million and the company has net assets of £1.7 million. According to their latest financial statements, Lydgate Ltd has 45 employees and maintains cash reserves of £310.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2020 | Sep 2019 | Sep 2018 | Sep 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 | 45 | 35 | 16 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | |
|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 201,780 | 164,502 |
| Intangible Assets | 769,715 | 498,015 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 769,715 | 498,015 | 201,780 | 164,502 |
| Stock & work in progress | 684,145 | 597,045 | 421,475 | 304,741 |
| Trade Debtors | 174,540 | 98,016 | 69,035 | 41,225 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 |
| Cash | 310,445 | 280,050 | 176,965 | 139,269 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 1,169,130 | 975,111 | 667,475 | 485,235 |
| total assets | 1,938,845 | 1,473,126 | 869,255 | 649,737 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 197,001 | 102,501 | 49,444 | 36,920 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 |
| total current liabilities | 197,001 | 102,501 | 49,444 | 36,920 |
| loans | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 |
| total liabilities | 197,001 | 102,501 | 49,444 | 36,920 |
| net assets | 1,741,844 | 1,370,625 | 819,811 | 612,817 |
| total shareholders funds | 1,741,844 | 1,370,625 | 819,811 | 612,817 |
| Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 0 | 0 | ||
| Amortisation | 0 | 0 | 0 | 0 |
| Tax | ||||
| Stock | 87,100 | 175,570 | 116,734 | 304,741 |
| Debtors | 76,524 | 28,981 | 27,810 | 41,225 |
| Creditors | 94,500 | 53,057 | 12,524 | 36,920 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | 30,395 | 103,085 | 37,696 | 139,269 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | 30,395 | 103,085 | 37,696 | 139,269 |
lydgate ltd Credit Report and Business Information
Lydgate Ltd Competitor Analysis
Perform a competitor analysis for lydgate ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in CV6 area or any other competitors across 12 key performance metrics.
lydgate ltd Ownership
LYDGATE LTD group structure
Lydgate Ltd has no subsidiary companies.
Ultimate parent company
LYDGATE LTD
10363822
lydgate ltd directors
Lydgate Ltd currently has 1 director, Mr Raj Kumar serving since Sep 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Raj Kumar | United Kingdom | 68 years | Sep 2016 | - | Director |
P&L
September 2020turnover
3.3m
+30%
operating profit
458k
0%
gross margin
16.9%
+5.47%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2020net assets
1.7m
+0.27%
total assets
1.9m
+0.32%
cash
310.4k
+0.11%
net assets
Total assets minus all liabilities
lydgate ltd company details
company number
10363822
Type
Private limited with Share Capital
industry
46760 - Wholesale of other intermediate products
incorporation date
September 2016
age
8
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
September 2020
previous names
N/A
accountant
-
auditor
-
address
unit 2c swallowgate business par, holbrook lane, coventry, CV6 4BL
Bank
-
Legal Advisor
-
lydgate 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 lydgate ltd.
lydgate ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
