lampada digital solutions ltd
lampada digital solutions ltd Company Information
Company Number
10889500
Website
lampada.co/contact-usRegistered Address
university secretary, venn build, cottingham road, hull, HU6 7RX
Industry
Computer consultancy activities
Telephone
441482935350
Next Accounts Due
April 2025
Group Structure
View All
Shareholders
university of hull 100%
lampada digital solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of LAMPADA DIGITAL SOLUTIONS LTD at £1.8m based on a Turnover of £3.2m and 0.58x industry multiple (adjusted for size and gross margin).
lampada digital solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of LAMPADA DIGITAL SOLUTIONS LTD at £1.6m based on an EBITDA of £391.3k and a 4.19x industry multiple (adjusted for size and gross margin).
lampada digital solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of LAMPADA DIGITAL SOLUTIONS LTD at £618k based on Net Assets of £278k and 2.22x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Lampada Digital Solutions Ltd Overview
Lampada Digital Solutions Ltd is a live company located in hull, HU6 7RX with a Companies House number of 10889500. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in July 2017, it's largest shareholder is university of hull with a 100% stake. Lampada Digital Solutions Ltd is a young, small sized company, Pomanda has estimated its turnover at £3.2m with high growth in recent years.
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Lampada Digital Solutions Ltd Health Check
Pomanda's financial health check has awarded Lampada Digital Solutions Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
5 Weak
Size
annual sales of £3.2m, make it larger than the average company (£891.8k)
- Lampada Digital Solutions Ltd
£891.8k - Industry AVG
Growth
3 year (CAGR) sales growth of 29%, show it is growing at a faster rate (5.7%)
- Lampada Digital Solutions Ltd
5.7% - Industry AVG
Production
with a gross margin of 26.4%, this company has a higher cost of product (49.6%)
- Lampada Digital Solutions Ltd
49.6% - Industry AVG
Profitability
an operating margin of 12.2% make it more profitable than the average company (7.5%)
- Lampada Digital Solutions Ltd
7.5% - Industry AVG
Employees
with 33 employees, this is above the industry average (9)
33 - Lampada Digital Solutions Ltd
9 - Industry AVG
Pay Structure
on an average salary of £54k, the company has an equivalent pay structure (£54k)
- Lampada Digital Solutions Ltd
£54k - Industry AVG
Efficiency
resulting in sales per employee of £95.7k, this is less efficient (£123.9k)
- Lampada Digital Solutions Ltd
£123.9k - Industry AVG
Debtor Days
it gets paid by customers after 147 days, this is later than average (65 days)
- Lampada Digital Solutions Ltd
65 days - Industry AVG
Creditor Days
its suppliers are paid after 202 days, this is slower than average (30 days)
- Lampada Digital Solutions Ltd
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Lampada Digital Solutions Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (18 weeks)
2 weeks - Lampada Digital Solutions Ltd
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 82.3%, this is a higher level of debt than the average (56.8%)
82.3% - Lampada Digital Solutions Ltd
56.8% - Industry AVG
LAMPADA DIGITAL SOLUTIONS LTD financials
Lampada Digital Solutions Ltd's latest turnover from July 2023 is estimated at £3.2 million and the company has net assets of £278 thousand. According to their latest financial statements, Lampada Digital Solutions Ltd has 33 employees and maintains cash reserves of £65.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | |
|---|---|---|---|---|---|---|
| Turnover | 511,575 | |||||
| Other Income Or Grants | ||||||
| Cost Of Sales | ||||||
| Gross Profit | ||||||
| Admin Expenses | ||||||
| Operating Profit | 76,697 | |||||
| Interest Payable | 0 | |||||
| Interest Receivable | 0 | |||||
| Pre-Tax Profit | 76,697 | |||||
| Tax | 0 | |||||
| Profit After Tax | 76,697 | |||||
| Dividends Paid | 0 | |||||
| Retained Profit | 76,697 | |||||
| Employee Costs | 123,819 | |||||
| Number Of Employees | 33 | 25 | 25 | 23 | 13 | 5 |
| EBITDA* | 83,182 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 16,412 | 7,976 | 4,809 | 12,550 | 22,187 | 12,970 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 208,001 | 163,097 | 1 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 224,413 | 171,073 | 4,810 | 12,550 | 22,187 | 12,970 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 1,279,784 | 1,248,747 | 542,949 | 368,711 | 234,269 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 97,775 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 46,580 |
| Cash | 65,756 | 710,141 | 372,972 | 382,404 | 109,665 | 17,761 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,345,540 | 1,958,888 | 915,921 | 751,115 | 343,934 | 162,116 |
| total assets | 1,569,953 | 2,129,961 | 920,731 | 763,665 | 366,121 | 175,086 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,287,857 | 2,156,104 | 1,298,397 | 1,215,496 | 695,477 | 69,928 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 19,770 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 8,591 |
| total current liabilities | 1,287,857 | 2,156,104 | 1,298,397 | 1,215,496 | 695,477 | 98,289 |
| 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 | 4,103 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 4,103 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 1,291,960 | 2,156,104 | 1,298,397 | 1,215,496 | 695,477 | 98,289 |
| net assets | 277,993 | -26,143 | -377,666 | -451,831 | -329,356 | 76,797 |
| total shareholders funds | 277,993 | -26,143 | -377,666 | -451,831 | -329,356 | 76,797 |
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | 76,697 | |||||
| Depreciation | 5,216 | 2,883 | 10,064 | 14,625 | 14,335 | 6,485 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | |||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 31,037 | 705,798 | 174,238 | 134,442 | 89,914 | 144,355 |
| Creditors | -868,247 | 857,707 | 82,901 | 520,019 | 625,549 | 69,928 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | -8,591 | 8,591 |
| Deferred Taxes & Provisions | 4,103 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 17,346 | |||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 44,904 | 163,096 | 1 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | -19,770 | 19,770 |
| 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 | 0 | |||||
| cash flow from financing | 19,870 | |||||
| cash and cash equivalents | ||||||
| cash | -644,385 | 337,169 | -9,432 | 272,739 | 91,904 | 17,761 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -644,385 | 337,169 | -9,432 | 272,739 | 91,904 | 17,761 |
lampada digital solutions ltd Credit Report and Business Information
Lampada Digital Solutions Ltd Competitor Analysis
Perform a competitor analysis for lampada digital solutions ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in HU6 area or any other competitors across 12 key performance metrics.
lampada digital solutions ltd Ownership
LAMPADA DIGITAL SOLUTIONS LTD group structure
Lampada Digital Solutions Ltd has 1 subsidiary company.
Ultimate parent company
1 parent
LAMPADA DIGITAL SOLUTIONS LTD
10889500
1 subsidiary
lampada digital solutions ltd directors
Lampada Digital Solutions Ltd currently has 3 directors. The longest serving directors include Mr Jeremy Hartley (Mar 2019) and Professor Kevin Kerrigan (Mar 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jeremy Hartley | England | 47 years | Mar 2019 | - | Director |
| Professor Kevin Kerrigan | England | 56 years | Mar 2023 | - | Director |
| Professor Fiona Matthews | England | 56 years | Mar 2024 | - | Director |
P&L
July 2023turnover
3.2m
-5%
operating profit
386.1k
0%
gross margin
26.5%
-4.73%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
278k
-11.63%
total assets
1.6m
-0.26%
cash
65.8k
-0.91%
net assets
Total assets minus all liabilities
lampada digital solutions ltd company details
company number
10889500
Type
Private limited with Share Capital
industry
62020 - Computer consultancy activities
incorporation date
July 2017
age
7
incorporated
UK
ultimate parent company
accounts
Audited Abridged
last accounts submitted
July 2023
previous names
digit hull ltd (April 2018)
accountant
SADOFSKYS
auditor
-
address
university secretary, venn build, cottingham road, hull, HU6 7RX
Bank
LLOYDS TSB BANK PLC
Legal Advisor
-
lampada digital solutions 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 lampada digital solutions ltd.
lampada digital solutions ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
