life enhancement group ltd

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life enhancement group ltd Company Information

Share LIFE ENHANCEMENT GROUP LTD

Company Number

10619512

Shareholders

megan stachini

clare poole

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Group Structure

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Industry

Other social work activities without accommodation n.e.c.

 

Registered Address

26 wood end road, kempston, bedford, MK43 9BB

life enhancement group ltd Estimated Valuation

£445k

Pomanda estimates the enterprise value of LIFE ENHANCEMENT GROUP LTD at £445k based on a Turnover of £810.9k and 0.55x industry multiple (adjusted for size and gross margin).

life enhancement group ltd Estimated Valuation

£82k

Pomanda estimates the enterprise value of LIFE ENHANCEMENT GROUP LTD at £82k based on an EBITDA of £14.4k and a 5.71x industry multiple (adjusted for size and gross margin).

life enhancement group ltd Estimated Valuation

£24.2k

Pomanda estimates the enterprise value of LIFE ENHANCEMENT GROUP LTD at £24.2k based on Net Assets of £10.1k and 2.4x industry multiple (adjusted for liquidity).

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Life Enhancement Group Ltd Overview

Life Enhancement Group Ltd is a live company located in bedford, MK43 9BB with a Companies House number of 10619512. It operates in the other social work activities without accommodation n.e.c. sector, SIC Code 88990. Founded in February 2017, it's largest shareholder is megan stachini with a 33.3% stake. Life Enhancement Group Ltd is a young, small sized company, Pomanda has estimated its turnover at £810.9k with high growth in recent years.

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Life Enhancement Group Ltd Health Check

Pomanda's financial health check has awarded Life Enhancement Group Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2.5out of 5
positive_score

4 Strong

positive_score

2 Regular

positive_score

4 Weak

size

Size

annual sales of £810.9k, make it larger than the average company (£449.6k)

£810.9k - Life Enhancement Group Ltd

£449.6k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 26%, show it is growing at a faster rate (6.9%)

26% - Life Enhancement Group Ltd

6.9% - Industry AVG

production

Production

with a gross margin of 74.2%, this company has a comparable cost of product (74.2%)

74.2% - Life Enhancement Group Ltd

74.2% - Industry AVG

profitability

Profitability

an operating margin of 1.8% make it less profitable than the average company (3.5%)

1.8% - Life Enhancement Group Ltd

3.5% - Industry AVG

employees

Employees

with 25 employees, this is above the industry average (13)

25 - Life Enhancement Group Ltd

13 - Industry AVG

paystructure

Pay Structure

on an average salary of £24.8k, the company has an equivalent pay structure (£24.8k)

£24.8k - Life Enhancement Group Ltd

£24.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £32.4k, this is less efficient (£40.4k)

£32.4k - Life Enhancement Group Ltd

£40.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 5 days, this is earlier than average (13 days)

5 days - Life Enhancement Group Ltd

13 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Life Enhancement Group Ltd

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Life Enhancement Group Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 12 weeks, this is less cash available to meet short term requirements (231 weeks)

12 weeks - Life Enhancement Group Ltd

231 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 88.8%, this is a higher level of debt than the average (13%)

88.8% - Life Enhancement Group Ltd

13% - Industry AVG

LIFE ENHANCEMENT GROUP LTD financials

EXPORTms excel logo

Life Enhancement Group Ltd's latest turnover from February 2024 is estimated at £810.9 thousand and the company has net assets of £10.1 thousand. According to their latest financial statements, Life Enhancement Group Ltd has 25 employees and maintains cash reserves of £18.3 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018
Turnover810,889714,304664,777406,774572,648262,94912,611
Other Income Or Grants
Cost Of Sales209,105170,27788,64581,27778,25626,338944
Gross Profit601,785544,027576,132325,497494,392236,61111,667
Admin Expenses587,412553,995651,007246,306481,196232,873518
Operating Profit14,373-9,968-74,87579,19113,1963,73811,149
Interest Payable3,7782,409325
Interest Receivable1,3601,443137161049131
Pre-Tax Profit11,956-10,934-75,06379,20713,3003,82811,180
Tax-2,989-15,049-2,527-727-2,124
Profit After Tax8,967-10,934-75,06364,15810,7733,1019,056
Dividends Paid
Retained Profit8,967-10,934-75,06364,15810,7733,1019,056
Employee Costs621,196534,865471,933305,507303,854169,63420,854
Number Of Employees252321141481
EBITDA*14,373-2,707-64,64289,42423,4296,71011,149

* Earnings Before Interest, Tax, Depreciation and Amortisation

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018
Tangible Assets7,26117,49427,7278,916
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets7,26117,49427,7278,916
Stock & work in progress
Trade Debtors12,1089,5789,2686,21030,2709,616818
Group Debtors
Misc Debtors59,12827,70310,000101,987333
Cash18,27633,54338,59516,23416,07211,67212,467
misc current assets
total current assets89,51270,82457,863124,43146,34521,29113,288
total assets89,51270,82465,124141,92574,07230,20713,288
Bank overdraft23,24230,303
Bank loan
Trade Creditors 922
Group/Directors Accounts
other short term finances
hp & lease commitments3,9744,5216,2716,2711,750
other current liabilities50,46927,58434,50140,11230,14412,6513,307
total current liabilities73,71161,86139,02246,38336,41514,4014,229
loans5,7417,87010,000
hp & lease commitments4,0758,45214,7243,646
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities5,7417,87014,0758,45214,7243,646
total liabilities79,45269,73153,09754,83551,13918,0474,229
net assets10,0601,09312,02787,09022,93312,1609,059
total shareholders funds10,0601,09312,02787,09022,93312,1609,059
Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018
Operating Activities
Operating Profit14,373-9,968-74,87579,19113,1963,73811,149
Depreciation7,26110,23310,23310,2332,972
Amortisation
Tax-2,989-15,049-2,527-727-2,124
Stock
Debtors33,95518,013-88,92977,92420,6548,798821
Creditors-922922
Accruals and Deferred Income22,885-6,917-5,6119,96817,4939,3443,307
Deferred Taxes & Provisions
Cash flow from operations314-27,63718,6766,41917,7415,60712,433
Investing Activities
capital expenditure-29,044-11,888
Change in Investments
cash flow from investments-29,044-11,888
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans-2,129-2,13010,000
Hire Purchase and Lease Commitments-3,974-4,622-6,127-6,27215,5995,396
other long term liabilities
share issue-13
interest-2,418-966-188161049131
cash flow from financing-8,521-7,7183,685-6,25715,7035,48734
cash and cash equivalents
cash-15,267-5,05222,3611624,400-79512,467
overdraft-7,06130,303
change in cash-8,206-35,35522,3611624,400-79512,467

life enhancement group ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Life Enhancement Group Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for life enhancement group ltd by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other small companies, companies in MK43 area or any other competitors across 12 key performance metrics.

life enhancement group ltd Ownership

LIFE ENHANCEMENT GROUP LTD group structure

Life Enhancement Group Ltd has no subsidiary companies.

Ultimate parent company

LIFE ENHANCEMENT GROUP LTD

10619512

LIFE ENHANCEMENT GROUP LTD Shareholders

megan stachini 33.33%
clare poole 33.33%
donna elvery 33.33%

life enhancement group ltd directors

Life Enhancement Group Ltd currently has 2 directors. The longest serving directors include Mrs Megan Stachini (Feb 2017) and Mrs Clare Poole (May 2018).

officercountryagestartendrole
Mrs Megan StachiniEngland34 years Feb 2017- Director
Mrs Clare PooleEngland57 years May 2018- Director

P&L

February 2024

turnover

810.9k

+14%

operating profit

14.4k

0%

gross margin

74.3%

-2.56%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

February 2024

net assets

10.1k

+8.2%

total assets

89.5k

+0.26%

cash

18.3k

-0.46%

net assets

Total assets minus all liabilities

life enhancement group ltd company details

company number

10619512

Type

Private limited with Share Capital

industry

88990 - Other social work activities without accommodation n.e.c.

incorporation date

February 2017

age

8

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

February 2024

previous names

N/A

accountant

CDS ACCOUNTING SERVICES

auditor

-

address

26 wood end road, kempston, bedford, MK43 9BB

Bank

-

Legal Advisor

-

life enhancement group 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 life enhancement group ltd.

life enhancement group 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.

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life enhancement group ltd Companies House Filings - See Documents

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