lanthorne properties ltd
lanthorne properties ltd Company Information
Company Number
10417235
Next Accounts
64 days late
Shareholders
rachel louise parkin
jeremy parkin
Group Structure
View All
Industry
Other business support service activities n.e.c.
Registered Address
133 high street, broadstairs, CT10 1NG
Website
-lanthorne properties ltd Estimated Valuation
Pomanda estimates the enterprise value of LANTHORNE PROPERTIES LTD at £128.4k based on a Turnover of £322.3k and 0.4x industry multiple (adjusted for size and gross margin).
lanthorne properties ltd Estimated Valuation
Pomanda estimates the enterprise value of LANTHORNE PROPERTIES LTD at £0 based on an EBITDA of £-2.1k and a 2.92x industry multiple (adjusted for size and gross margin).
lanthorne properties ltd Estimated Valuation
Pomanda estimates the enterprise value of LANTHORNE PROPERTIES LTD at £0 based on Net Assets of £-1.4k and 2.13x industry multiple (adjusted for liquidity).
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Lanthorne Properties Ltd Overview
Lanthorne Properties Ltd is a live company located in broadstairs, CT10 1NG with a Companies House number of 10417235. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in October 2016, it's largest shareholder is rachel louise parkin with a 50% stake. Lanthorne Properties Ltd is a young, micro sized company, Pomanda has estimated its turnover at £322.3k with healthy growth in recent years.
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Lanthorne Properties Ltd Health Check
Pomanda's financial health check has awarded Lanthorne Properties Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £322.3k, make it smaller than the average company (£3.7m)
- Lanthorne Properties Ltd
£3.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a faster rate (4.4%)
- Lanthorne Properties Ltd
4.4% - Industry AVG
Production
with a gross margin of 17.6%, this company has a higher cost of product (38.2%)
- Lanthorne Properties Ltd
38.2% - Industry AVG
Profitability
an operating margin of -0.7% make it less profitable than the average company (6.3%)
- Lanthorne Properties Ltd
6.3% - Industry AVG
Employees
with 2 employees, this is below the industry average (23)
2 - Lanthorne Properties Ltd
23 - Industry AVG
Pay Structure
on an average salary of £48.3k, the company has an equivalent pay structure (£48.3k)
- Lanthorne Properties Ltd
£48.3k - Industry AVG
Efficiency
resulting in sales per employee of £161.2k, this is equally as efficient (£152.5k)
- Lanthorne Properties Ltd
£152.5k - Industry AVG
Debtor Days
it gets paid by customers after 116 days, this is later than average (41 days)
- Lanthorne Properties Ltd
41 days - Industry AVG
Creditor Days
its suppliers are paid after 143 days, this is slower than average (33 days)
- Lanthorne Properties Ltd
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Lanthorne Properties Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Lanthorne Properties Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 101.3%, this is a higher level of debt than the average (61.9%)
101.3% - Lanthorne Properties Ltd
61.9% - Industry AVG
LANTHORNE PROPERTIES LTD financials
Lanthorne Properties Ltd's latest turnover from April 2023 is estimated at £322.3 thousand and the company has net assets of -£1.4 thousand. According to their latest financial statements, Lanthorne Properties Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | |
|---|---|---|---|---|---|---|
| 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 | 2 | 2 | 2 | 2 | 2 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | ||||||
| Intangible Assets | ||||||
| Investments & Other | ||||||
| Debtors (Due After 1 year) | ||||||
| Total Fixed Assets | ||||||
| Stock & work in progress | 394,757 | |||||
| Trade Debtors | 103,271 | 79,368 | 90,325 | 105,728 | 736,444 | |
| Group Debtors | ||||||
| Misc Debtors | 15,688 | |||||
| Cash | ||||||
| misc current assets | 7,634 | |||||
| total current assets | 103,271 | 79,368 | 90,325 | 105,728 | 736,444 | 418,079 |
| total assets | 103,271 | 79,368 | 90,325 | 105,728 | 736,444 | 418,079 |
| Bank overdraft | ||||||
| Bank loan | ||||||
| Trade Creditors | 104,628 | 78,611 | 75,650 | 28,288 | 763,916 | |
| Group/Directors Accounts | ||||||
| other short term finances | ||||||
| hp & lease commitments | ||||||
| other current liabilities | 443,951 | |||||
| total current liabilities | 104,628 | 78,611 | 75,650 | 28,288 | 763,916 | 443,951 |
| loans | ||||||
| hp & lease commitments | ||||||
| Accruals and Deferred Income | ||||||
| other liabilities | ||||||
| provisions | ||||||
| total long term liabilities | ||||||
| total liabilities | 104,628 | 78,611 | 75,650 | 28,288 | 763,916 | 443,951 |
| net assets | -1,357 | 757 | 14,675 | 77,440 | -27,472 | -25,872 |
| total shareholders funds | -1,357 | 757 | 14,675 | 77,440 | -27,472 | -25,872 |
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | ||||||
| Amortisation | ||||||
| Tax | ||||||
| Stock | -394,757 | 394,757 | ||||
| Debtors | 23,903 | -10,957 | -15,403 | -630,716 | 720,756 | 15,688 |
| Creditors | 26,017 | 2,961 | 47,362 | -735,628 | 763,916 | |
| Accruals and Deferred Income | -443,951 | 443,951 | ||||
| Deferred Taxes & Provisions | ||||||
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | ||||||
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | ||||||
| Group/Directors Accounts | ||||||
| Other Short Term Loans | ||||||
| Long term loans | ||||||
| Hire Purchase and Lease Commitments | ||||||
| other long term liabilities | ||||||
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | ||||||
| overdraft | ||||||
| change in cash |
lanthorne properties ltd Credit Report and Business Information
Lanthorne Properties Ltd Competitor Analysis
Perform a competitor analysis for lanthorne properties ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in CT10 area or any other competitors across 12 key performance metrics.
lanthorne properties ltd Ownership
LANTHORNE PROPERTIES LTD group structure
Lanthorne Properties Ltd has no subsidiary companies.
Ultimate parent company
LANTHORNE PROPERTIES LTD
10417235
lanthorne properties ltd directors
Lanthorne Properties Ltd currently has 2 directors. The longest serving directors include Mr Jeremy Parkin (Oct 2016) and Mrs Rachel Parkin (Oct 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jeremy Parkin | 64 years | Oct 2016 | - | Director | |
| Mrs Rachel Parkin | England | 54 years | Oct 2016 | - | Director |
P&L
April 2023turnover
322.3k
+32%
operating profit
-2.1k
0%
gross margin
17.7%
+6.4%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
-1.4k
-2.79%
total assets
103.3k
+0.3%
cash
0
0%
net assets
Total assets minus all liabilities
lanthorne properties ltd company details
company number
10417235
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
October 2016
age
9
incorporated
UK
ultimate parent company
accounts
Dormant
last accounts submitted
April 2023
previous names
N/A
accountant
KRESTON REEVES LLP
auditor
-
address
133 high street, broadstairs, CT10 1NG
Bank
-
Legal Advisor
-
lanthorne properties 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 lanthorne properties ltd.
lanthorne properties 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.
Click to start generating capital raising & share issue transactions for LANTHORNE PROPERTIES LTD. This can take several minutes, an email will notify you when this has completed.
lanthorne properties ltd Companies House Filings - See Documents
| date | description | view/download |
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