lofthouse developments limited
lofthouse developments limited Company Information
Company Number
10441181
Next Accounts
Jan 2025
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Directors
Shareholders
jacob samuel lofthouse
Group Structure
View All
Contact
Registered Address
1 spinnaker close, hull, east yorkshire, HU9 1UL
Website
-lofthouse developments limited Estimated Valuation
Pomanda estimates the enterprise value of LOFTHOUSE DEVELOPMENTS LIMITED at £269k based on a Turnover of £114k and 2.36x industry multiple (adjusted for size and gross margin).
lofthouse developments limited Estimated Valuation
Pomanda estimates the enterprise value of LOFTHOUSE DEVELOPMENTS LIMITED at £0 based on an EBITDA of £-2.7k and a 4.66x industry multiple (adjusted for size and gross margin).
lofthouse developments limited Estimated Valuation
Pomanda estimates the enterprise value of LOFTHOUSE DEVELOPMENTS LIMITED at £30.5k based on Net Assets of £17.8k and 1.71x industry multiple (adjusted for liquidity).
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Lofthouse Developments Limited Overview
Lofthouse Developments Limited is a dissolved company that was located in east yorkshire, HU9 1UL with a Companies House number of 10441181. It operated in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in October 2016, it's largest shareholder was jacob samuel lofthouse with a 100% stake. The last turnover for Lofthouse Developments Limited was estimated at £114k.
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Lofthouse Developments Limited Health Check
Pomanda's financial health check has awarded Lofthouse Developments Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £114k, make it smaller than the average company (£661.8k)
- Lofthouse Developments Limited
£661.8k - Industry AVG
Growth
3 year (CAGR) sales growth of -19%, show it is growing at a slower rate (1.1%)
- Lofthouse Developments Limited
1.1% - Industry AVG
Production
with a gross margin of 26.7%, this company has a higher cost of product (70.1%)
- Lofthouse Developments Limited
70.1% - Industry AVG
Profitability
an operating margin of -2.4% make it less profitable than the average company (36%)
- Lofthouse Developments Limited
36% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
- Lofthouse Developments Limited
4 - Industry AVG
Pay Structure
on an average salary of £28.1k, the company has an equivalent pay structure (£28.1k)
- Lofthouse Developments Limited
£28.1k - Industry AVG
Efficiency
resulting in sales per employee of £114k, this is less efficient (£136.6k)
- Lofthouse Developments Limited
£136.6k - Industry AVG
Debtor Days
it gets paid by customers after 107 days, this is later than average (36 days)
- Lofthouse Developments Limited
36 days - Industry AVG
Creditor Days
its suppliers are paid after 68 days, this is slower than average (44 days)
- Lofthouse Developments Limited
44 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Lofthouse Developments Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Lofthouse Developments Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 46.7%, this is a lower level of debt than the average (66%)
46.7% - Lofthouse Developments Limited
66% - Industry AVG
LOFTHOUSE DEVELOPMENTS LIMITED financials
Lofthouse Developments Limited's latest turnover from October 2021 is estimated at £114 thousand and the company has net assets of £17.8 thousand. According to their latest financial statements, we estimate that Lofthouse Developments Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 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 | 2 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | |
|---|---|---|---|---|---|
| Tangible Assets | 0 | 104,954 | 104,954 | 0 | 285,327 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 104,954 | 104,954 | 0 | 285,327 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 33,446 | 1,099 | 18,142 | 61,114 | 52 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 33,446 | 1,099 | 18,142 | 61,114 | 52 |
| total assets | 33,446 | 106,053 | 123,096 | 61,114 | 285,379 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 15,628 | 85,543 | 105,191 | 35,249 | 292,384 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 15,628 | 85,543 | 105,191 | 35,249 | 292,384 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 15,628 | 85,543 | 105,191 | 35,249 | 292,384 |
| net assets | 17,818 | 20,510 | 17,905 | 25,865 | -7,005 |
| total shareholders funds | 17,818 | 20,510 | 17,905 | 25,865 | -7,005 |
| Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 0 | 0 | |||
| Amortisation | 0 | 0 | |||
| Tax | |||||
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | 32,347 | -17,043 | -42,972 | 61,062 | 52 |
| Creditors | -69,915 | -19,648 | 69,942 | -257,135 | 292,384 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 |
lofthouse developments limited Credit Report and Business Information
Lofthouse Developments Limited Competitor Analysis
Perform a competitor analysis for lofthouse developments limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other undefined companies, companies in HU9 area or any other competitors across 12 key performance metrics.
lofthouse developments limited Ownership
LOFTHOUSE DEVELOPMENTS LIMITED group structure
Lofthouse Developments Limited has no subsidiary companies.
Ultimate parent company
LOFTHOUSE DEVELOPMENTS LIMITED
10441181
lofthouse developments limited directors
Lofthouse Developments Limited currently has 1 director, Mr Jacob Lofthouse serving since Oct 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jacob Lofthouse | United Kingdom | 33 years | Oct 2016 | - | Director |
P&L
October 2021turnover
114k
+211%
operating profit
-2.7k
0%
gross margin
26.8%
-7%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2021net assets
17.8k
-0.13%
total assets
33.4k
-0.68%
cash
0
0%
net assets
Total assets minus all liabilities
lofthouse developments limited company details
company number
10441181
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
October 2016
age
9
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
October 2021
previous names
N/A
accountant
D H TUCK & CO LIMITED
auditor
-
address
1 spinnaker close, hull, east yorkshire, HU9 1UL
Bank
-
Legal Advisor
-
lofthouse developments 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 did not find charges/mortgages relating to lofthouse developments limited.
lofthouse developments 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 LOFTHOUSE DEVELOPMENTS LIMITED. This can take several minutes, an email will notify you when this has completed.
lofthouse developments limited Companies House Filings - See Documents
| date | description | view/download |
|---|
