ash & lacy perforating limited
ash & lacy perforating limited Company Information
Company Number
10805479
Website
www.ashandlacy.comRegistered Address
ash & lacy house bromford lane, west bromwich, west midlands, B70 7JJ
Industry
Manufacture of metal structures and parts of structures
Telephone
441215251444
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
ash & lacy perforating holdings ltd 100%
ash & lacy perforating limited Estimated Valuation
The estimated valuation range for ash & lacy perforating limited, derived from financial data as of December 2022 and the most recent industry multiples, is between £2.6m to £4.7m
ash & lacy perforating limited Estimated Valuation
The estimated valuation range for ash & lacy perforating limited, derived from financial data as of December 2022 and the most recent industry multiples, is between £2.6m to £4.7m
ash & lacy perforating limited Estimated Valuation
The estimated valuation range for ash & lacy perforating limited, derived from financial data as of December 2022 and the most recent industry multiples, is between £2.6m to £4.7m
Get a detailed valuation report, edit figures and unlock valuation multiples.
Ash & Lacy Perforating Limited AI Business Plan
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Ash & Lacy Perforating Limited Overview
Ash & Lacy Perforating Limited is a live company located in west midlands, B70 7JJ with a Companies House number of 10805479. It operates in the manufacture of metal structures and parts of structures sector, SIC Code 25110. Founded in June 2017, it's largest shareholder is ash & lacy perforating holdings ltd with a 100% stake. Ash & Lacy Perforating Limited is a young, mid sized company, Pomanda has estimated its turnover at £7.8m with healthy growth in recent years.
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Ash & Lacy Perforating Limited Health Check
Pomanda's financial health check has awarded Ash & Lacy Perforating Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
5 Regular
4 Weak
Size
annual sales of £7.8m, make it smaller than the average company (£13m)
- Ash & Lacy Perforating Limited
£13m - Industry AVG
Growth
3 year (CAGR) sales growth of 13%, show it is growing at a faster rate (5.7%)
- Ash & Lacy Perforating Limited
5.7% - Industry AVG
Production
with a gross margin of 24.1%, this company has a comparable cost of product (24.1%)
- Ash & Lacy Perforating Limited
24.1% - Industry AVG
Profitability
an operating margin of 6.3% make it as profitable than the average company (5.5%)
- Ash & Lacy Perforating Limited
5.5% - Industry AVG
Employees
with 54 employees, this is below the industry average (76)
54 - Ash & Lacy Perforating Limited
76 - Industry AVG
Pay Structure
on an average salary of £40.1k, the company has an equivalent pay structure (£40.1k)
- Ash & Lacy Perforating Limited
£40.1k - Industry AVG
Efficiency
resulting in sales per employee of £144.5k, this is equally as efficient (£161.4k)
- Ash & Lacy Perforating Limited
£161.4k - Industry AVG
Debtor Days
it gets paid by customers after 72 days, this is near the average (66 days)
- Ash & Lacy Perforating Limited
66 days - Industry AVG
Creditor Days
its suppliers are paid after 108 days, this is slower than average (52 days)
- Ash & Lacy Perforating Limited
52 days - Industry AVG
Stock Days
it holds stock equivalent to 22 days, this is less than average (43 days)
- Ash & Lacy Perforating Limited
43 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (12 weeks)
1 weeks - Ash & Lacy Perforating Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 68.9%, this is a higher level of debt than the average (56.5%)
68.9% - Ash & Lacy Perforating Limited
56.5% - Industry AVG
ash & lacy perforating limited Credit Report and Business Information
Ash & Lacy Perforating Limited Competitor Analysis
Perform a competitor analysis for ash & lacy perforating limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
ash & lacy perforating limited Ownership
ASH & LACY PERFORATING LIMITED group structure
Ash & Lacy Perforating Limited has no subsidiary companies.
Ultimate parent company
1 parent
ASH & LACY PERFORATING LIMITED
10805479
ash & lacy perforating limited directors
Ash & Lacy Perforating Limited currently has 4 directors. The longest serving directors include Mr Andrew Waterhouse (Jun 2017) and Mr Yisheng Tian (Jun 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Andrew Waterhouse | 51 years | Jun 2017 | - | Director | |
| Mr Yisheng Tian | 61 years | Jun 2017 | - | Director | |
| Mr Jonathan Evans | United Kingdom | 53 years | Jun 2017 | - | Director |
| Mr David Nock | United Kingdom | 55 years | Jun 2017 | - | Director |
ASH & LACY PERFORATING LIMITED financials
Ash & Lacy Perforating Limited's latest turnover from December 2022 is estimated at £7.8 million and the company has net assets of £1.4 million. According to their latest financial statements, Ash & Lacy Perforating Limited has 54 employees and maintains cash reserves of £60 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 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 | 54 | 53 | 55 | 58 | 61 | 60 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 957,327 | 397,642 | 172,355 | 173,931 | 156,927 | 114,501 |
| 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 | 957,327 | 397,642 | 172,355 | 173,931 | 156,927 | 114,501 |
| Stock & work in progress | 369,842 | 397,140 | 253,829 | 249,099 | 297,071 | 252,612 |
| Trade Debtors | 1,557,550 | 943,412 | 833,430 | 987,694 | 1,174,011 | 806,404 |
| Group Debtors | 0 | 0 | 1,416,760 | 1,275,817 | 970,173 | 777,693 |
| Misc Debtors | 1,436,772 | 1,234,284 | 242,897 | 39,796 | 22,491 | 35,980 |
| Cash | 59,993 | 114,972 | 239,512 | 37,778 | 118,310 | 52,037 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 3,424,157 | 2,689,808 | 2,986,428 | 2,590,184 | 2,582,056 | 1,924,726 |
| total assets | 4,381,484 | 3,087,450 | 3,158,783 | 2,764,115 | 2,738,983 | 2,039,227 |
| Bank overdraft | 0 | 0 | 0 | 3,739 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,767,544 | 1,472,449 | 1,000,841 | 943,419 | 1,262,523 | 1,096,278 |
| Group/Directors Accounts | 0 | 0 | 791,884 | 548,190 | 113,749 | 14,851 |
| other short term finances | 818,376 | 229,457 | 568,722 | 807,285 | 906,182 | 641,020 |
| hp & lease commitments | 25,449 | 25,449 | 0 | 0 | 0 | 0 |
| other current liabilities | 257,713 | 220,734 | 226,280 | 238,890 | 230,983 | 211,589 |
| total current liabilities | 2,869,082 | 1,948,089 | 2,587,727 | 2,541,523 | 2,513,437 | 1,963,738 |
| 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 | 52,518 | 74,778 | 0 | 0 | 0 | 0 |
| provisions | 97,213 | 59,091 | 7,033 | 4,630 | 0 | 0 |
| total long term liabilities | 149,731 | 133,869 | 7,033 | 4,630 | 0 | 0 |
| total liabilities | 3,018,813 | 2,081,958 | 2,594,760 | 2,546,153 | 2,513,437 | 1,963,738 |
| net assets | 1,362,671 | 1,005,492 | 564,023 | 217,962 | 225,546 | 75,489 |
| total shareholders funds | 1,362,671 | 1,005,492 | 564,023 | 217,962 | 225,546 | 75,489 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 83,133 | 44,472 | 40,517 | 30,946 | 20,040 | 3,558 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||
| Stock | -27,298 | 143,311 | 4,730 | -47,972 | 44,459 | 252,612 |
| Debtors | 816,626 | -315,391 | 189,780 | 136,632 | 546,598 | 1,620,077 |
| Creditors | 295,095 | 471,608 | 57,422 | -319,104 | 166,245 | 1,096,278 |
| Accruals and Deferred Income | 36,979 | -5,546 | -12,610 | 7,907 | 19,394 | 211,589 |
| Deferred Taxes & Provisions | 38,122 | 52,058 | 2,403 | 4,630 | 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 | -791,884 | 243,694 | 434,441 | 98,898 | 14,851 |
| Other Short Term Loans | 588,919 | -339,265 | -238,563 | -98,897 | 265,162 | 641,020 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 25,449 | 0 | 0 | 0 | 0 |
| other long term liabilities | -22,260 | 74,778 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | -54,979 | -124,540 | 201,734 | -80,532 | 66,273 | 52,037 |
| overdraft | 0 | 0 | -3,739 | 3,739 | 0 | 0 |
| change in cash | -54,979 | -124,540 | 205,473 | -84,271 | 66,273 | 52,037 |
P&L
December 2022turnover
7.8m
+32%
operating profit
487.7k
0%
gross margin
24.1%
+5.08%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
1.4m
+0.36%
total assets
4.4m
+0.42%
cash
60k
-0.48%
net assets
Total assets minus all liabilities
Similar Companies
ash & lacy perforating limited company details
company number
10805479
Type
Private limited with Share Capital
industry
25110 - Manufacture of metal structures and parts of structures
incorporation date
June 2017
age
7
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
ash & lacy house bromford lane, west bromwich, west midlands, B70 7JJ
last accounts submitted
December 2022
ash & lacy perforating 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 found 7 charges/mortgages relating to ash & lacy perforating limited. Currently there are 7 open charges and 0 have been satisfied in the past.
ash & lacy perforating limited Companies House Filings - See Documents
| date | description | view/download |
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