lit architecture ltd
lit architecture ltd Company Information
Company Number
10656419
Website
-Registered Address
637 green lanes, london, N8 0RE
Industry
Architectural activities
Telephone
-
Next Accounts Due
December 2024
Group Structure
View All
Directors
Rosica Toteva7 Years
Shareholders
rosica ivanova toteva 100%
lit architecture ltd Estimated Valuation
Pomanda estimates the enterprise value of LIT ARCHITECTURE LTD at £32.1k based on a Turnover of £60.7k and 0.53x industry multiple (adjusted for size and gross margin).
lit architecture ltd Estimated Valuation
Pomanda estimates the enterprise value of LIT ARCHITECTURE LTD at £0 based on an EBITDA of £-672 and a 5.44x industry multiple (adjusted for size and gross margin).
lit architecture ltd Estimated Valuation
Pomanda estimates the enterprise value of LIT ARCHITECTURE LTD at £4.1k based on Net Assets of £1.3k and 3.24x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Lit Architecture Ltd Overview
Lit Architecture Ltd is a live company located in london, N8 0RE with a Companies House number of 10656419. It operates in the architectural activities sector, SIC Code 71111. Founded in March 2017, it's largest shareholder is rosica ivanova toteva with a 100% stake. Lit Architecture Ltd is a young, micro sized company, Pomanda has estimated its turnover at £60.7k with declining growth in recent years.
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Lit Architecture Ltd Health Check
Pomanda's financial health check has awarded Lit Architecture Ltd 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
2 Regular
7 Weak
Size
annual sales of £60.7k, make it smaller than the average company (£549.2k)
- Lit Architecture Ltd
£549.2k - Industry AVG
Growth
3 year (CAGR) sales growth of -4%, show it is growing at a slower rate (2.2%)
- Lit Architecture Ltd
2.2% - Industry AVG
Production
with a gross margin of 48.8%, this company has a comparable cost of product (48.8%)
- Lit Architecture Ltd
48.8% - Industry AVG
Profitability
an operating margin of -2.4% make it less profitable than the average company (9.4%)
- Lit Architecture Ltd
9.4% - Industry AVG
Employees
with 2 employees, this is below the industry average (8)
2 - Lit Architecture Ltd
8 - Industry AVG
Pay Structure
on an average salary of £48.1k, the company has an equivalent pay structure (£48.1k)
- Lit Architecture Ltd
£48.1k - Industry AVG
Efficiency
resulting in sales per employee of £30.4k, this is less efficient (£83.7k)
- Lit Architecture Ltd
£83.7k - Industry AVG
Debtor Days
it gets paid by customers after 15 days, this is earlier than average (80 days)
- Lit Architecture Ltd
80 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (25 days)
- Lit Architecture Ltd
25 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Lit Architecture Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 48 weeks, this is more cash available to meet short term requirements (32 weeks)
48 weeks - Lit Architecture Ltd
32 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 97.5%, this is a higher level of debt than the average (52.4%)
97.5% - Lit Architecture Ltd
52.4% - Industry AVG
LIT ARCHITECTURE LTD financials
Lit Architecture Ltd's latest turnover from March 2023 is estimated at £60.7 thousand and the company has net assets of £1.3 thousand. According to their latest financial statements, Lit Architecture Ltd has 2 employees and maintains cash reserves of £45.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 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
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 2,290 | 978 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 2,290 | 978 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 2,638 | 3,472 | 0 | 9,113 | 2,508 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 45,600 | 36,834 | 35,664 | 17,863 | 17,330 | 10,431 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 1 |
| total current assets | 48,238 | 40,306 | 35,664 | 26,976 | 19,838 | 10,432 |
| total assets | 50,528 | 41,284 | 35,664 | 26,976 | 19,838 | 10,432 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 2 | 173 | 120 | 192 | 48 | 0 |
| Group/Directors Accounts | 0 | 0 | 30,856 | 22,148 | 14,203 | 5,761 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 49,260 | 40,101 | 3,821 | 3,961 | 4,903 | 4,190 |
| total current liabilities | 49,262 | 40,274 | 34,797 | 26,301 | 19,154 | 9,951 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 49,262 | 40,274 | 34,797 | 26,301 | 19,154 | 9,951 |
| net assets | 1,266 | 1,010 | 867 | 675 | 684 | 481 |
| total shareholders funds | 1,266 | 1,010 | 867 | 675 | 684 | 481 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 763 | 326 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -834 | 3,472 | -9,113 | 6,605 | 2,508 | 0 |
| Creditors | -171 | 53 | -72 | 144 | 48 | 0 |
| Accruals and Deferred Income | 9,159 | 36,280 | -140 | -942 | 713 | 4,190 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | -30,856 | 8,708 | 7,945 | 8,442 | 5,761 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 8,766 | 1,170 | 17,801 | 533 | 6,899 | 10,431 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 8,766 | 1,170 | 17,801 | 533 | 6,899 | 10,431 |
lit architecture ltd Credit Report and Business Information
Lit Architecture Ltd Competitor Analysis
Perform a competitor analysis for lit architecture ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in N 8 area or any other competitors across 12 key performance metrics.
lit architecture ltd Ownership
LIT ARCHITECTURE LTD group structure
Lit Architecture Ltd has no subsidiary companies.
Ultimate parent company
LIT ARCHITECTURE LTD
10656419
lit architecture ltd directors
Lit Architecture Ltd currently has 1 director, Miss Rosica Toteva serving since Jun 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Miss Rosica Toteva | England | 42 years | Jun 2017 | - | Director |
P&L
March 2023turnover
60.7k
+2%
operating profit
-1.4k
0%
gross margin
48.9%
+10.83%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
1.3k
+0.25%
total assets
50.5k
+0.22%
cash
45.6k
+0.24%
net assets
Total assets minus all liabilities
lit architecture ltd company details
company number
10656419
Type
Private limited with Share Capital
industry
71111 - Architectural activities
incorporation date
March 2017
age
7
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
lit home architecture ltd (May 2020)
accountant
E JOHNSON & ASSOCIATES
auditor
-
address
637 green lanes, london, N8 0RE
Bank
-
Legal Advisor
-
lit architecture 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 lit architecture ltd.
lit architecture ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
