lumino solutions limited
lumino solutions limited Company Information
Company Number
10614934
Next Accounts
Mar 2025
Shareholders
christopher pountney
giles farrand
View AllGroup Structure
View All
Industry
Business and domestic software development
Registered Address
6-8 freeman street, grimsby, DN32 7AA
Website
-lumino solutions limited Estimated Valuation
Pomanda estimates the enterprise value of LUMINO SOLUTIONS LIMITED at £127.8k based on a Turnover of £190.3k and 0.67x industry multiple (adjusted for size and gross margin).
lumino solutions limited Estimated Valuation
Pomanda estimates the enterprise value of LUMINO SOLUTIONS LIMITED at £0 based on an EBITDA of £-13.2k and a 4.15x industry multiple (adjusted for size and gross margin).
lumino solutions limited Estimated Valuation
Pomanda estimates the enterprise value of LUMINO SOLUTIONS LIMITED at £66k based on Net Assets of £27.9k and 2.37x industry multiple (adjusted for liquidity).
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Lumino Solutions Limited Overview
Lumino Solutions Limited is a dissolved company that was located in grimsby, DN32 7AA with a Companies House number of 10614934. It operated in the business and domestic software development sector, SIC Code 62012. Founded in February 2017, it's largest shareholder was christopher pountney with a 40% stake. The last turnover for Lumino Solutions Limited was estimated at £190.3k.
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Lumino Solutions Limited Health Check
Pomanda's financial health check has awarded Lumino Solutions Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
6 Weak
Size
annual sales of £190.3k, make it smaller than the average company (£2.4m)
- Lumino Solutions Limited
£2.4m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Lumino Solutions Limited
- - Industry AVG
Production
with a gross margin of 40.7%, this company has a higher cost of product (73%)
- Lumino Solutions Limited
73% - Industry AVG
Profitability
an operating margin of -6.9% make it less profitable than the average company (4.3%)
- Lumino Solutions Limited
4.3% - Industry AVG
Employees
with 5 employees, this is below the industry average (35)
5 - Lumino Solutions Limited
35 - Industry AVG
Pay Structure
on an average salary of £61.8k, the company has an equivalent pay structure (£61.8k)
- Lumino Solutions Limited
£61.8k - Industry AVG
Efficiency
resulting in sales per employee of £38.1k, this is less efficient (£108.2k)
- Lumino Solutions Limited
£108.2k - Industry AVG
Debtor Days
it gets paid by customers after 55 days, this is near the average (64 days)
- Lumino Solutions Limited
64 days - Industry AVG
Creditor Days
its suppliers are paid after 2 days, this is quicker than average (46 days)
- Lumino Solutions Limited
46 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Lumino Solutions Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Lumino Solutions Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 3.7%, this is a lower level of debt than the average (63.8%)
3.7% - Lumino Solutions Limited
63.8% - Industry AVG
LUMINO SOLUTIONS LIMITED financials
Lumino Solutions Limited's latest turnover from December 2019 is estimated at £190.3 thousand and the company has net assets of £27.9 thousand. According to their latest financial statements, Lumino Solutions Limited has 5 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2019 | Dec 2018 | Feb 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 | 5 | 5 | 5 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2019 | Dec 2018 | Feb 2018 | |
|---|---|---|---|
| Tangible Assets | |||
| Intangible Assets | |||
| Investments & Other | |||
| Debtors (Due After 1 year) | |||
| Total Fixed Assets | |||
| Stock & work in progress | |||
| Trade Debtors | 28,950 | 55,860 | 125 |
| Group Debtors | |||
| Misc Debtors | |||
| Cash | |||
| misc current assets | |||
| total current assets | 28,950 | 55,860 | 125 |
| total assets | 28,950 | 55,860 | 125 |
| Bank overdraft | |||
| Bank loan | |||
| Trade Creditors | 642 | 14,466 | |
| Group/Directors Accounts | |||
| other short term finances | |||
| hp & lease commitments | |||
| other current liabilities | |||
| total current liabilities | 642 | 14,466 | |
| loans | |||
| hp & lease commitments | |||
| Accruals and Deferred Income | 420 | 350 | |
| other liabilities | |||
| provisions | |||
| total long term liabilities | 420 | 350 | |
| total liabilities | 1,062 | 14,816 | |
| net assets | 27,888 | 41,044 | 125 |
| total shareholders funds | 27,888 | 41,044 | 125 |
| Dec 2019 | Dec 2018 | Feb 2018 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | |||
| Amortisation | |||
| Tax | |||
| Stock | |||
| Debtors | -26,910 | 55,860 | 125 |
| Creditors | -13,824 | 14,466 | |
| Accruals and Deferred Income | 70 | 350 | |
| 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 |
lumino solutions limited Credit Report and Business Information
Lumino Solutions Limited Competitor Analysis
Perform a competitor analysis for lumino solutions limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other undefined companies, companies in DN32 area or any other competitors across 12 key performance metrics.
lumino solutions limited Ownership
LUMINO SOLUTIONS LIMITED group structure
Lumino Solutions Limited has no subsidiary companies.
Ultimate parent company
LUMINO SOLUTIONS LIMITED
10614934
lumino solutions limited directors
Lumino Solutions Limited currently has 3 directors. The longest serving directors include Mr James Greenfield (Feb 2017) and Mr Giles Farrand (Feb 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr James Greenfield | England | 47 years | Feb 2017 | - | Director |
| Mr Giles Farrand | England | 53 years | Feb 2017 | - | Director |
| Mr Christopher Pountney | England | 47 years | Feb 2017 | - | Director |
P&L
December 2019turnover
190.3k
-21%
operating profit
-13.2k
0%
gross margin
40.8%
+1.44%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2019net assets
27.9k
-0.32%
total assets
29k
-0.48%
cash
0
0%
net assets
Total assets minus all liabilities
lumino solutions limited company details
company number
10614934
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
incorporation date
February 2017
age
8
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
December 2019
previous names
lumino learning limited (May 2018)
accountant
-
auditor
-
address
6-8 freeman street, grimsby, DN32 7AA
Bank
-
Legal Advisor
-
lumino solutions 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 lumino solutions limited.
lumino solutions 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 LUMINO SOLUTIONS LIMITED. This can take several minutes, an email will notify you when this has completed.
lumino solutions limited Companies House Filings - See Documents
| date | description | view/download |
|---|
