langridge properties ltd

langridge properties ltd Company Information

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Company Number

10904887

Industry

Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

 

Shareholders

sam langridge

elizabeth langridge

Group Structure

View All

Contact

Registered Address

the granary high street, turvey, bedford, MK43 8DB

Website

-

langridge properties ltd Estimated Valuation

£1.2m

Pomanda estimates the enterprise value of LANGRIDGE PROPERTIES LTD at £1.2m based on a Turnover of £358k and 3.45x industry multiple (adjusted for size and gross margin).

langridge properties ltd Estimated Valuation

£331.7k

Pomanda estimates the enterprise value of LANGRIDGE PROPERTIES LTD at £331.7k based on an EBITDA of £46.6k and a 7.11x industry multiple (adjusted for size and gross margin).

langridge properties ltd Estimated Valuation

£24.3k

Pomanda estimates the enterprise value of LANGRIDGE PROPERTIES LTD at £24.3k based on Net Assets of £14k and 1.74x industry multiple (adjusted for liquidity).

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Langridge Properties Ltd Overview

Langridge Properties Ltd is a live company located in bedford, MK43 8DB with a Companies House number of 10904887. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in August 2017, it's largest shareholder is sam langridge with a 50% stake. Langridge Properties Ltd is a young, micro sized company, Pomanda has estimated its turnover at £358k with healthy growth in recent years.

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Langridge Properties Ltd Health Check

Pomanda's financial health check has awarded Langridge Properties Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

1 Strong

positive_score

4 Regular

positive_score

4 Weak

size

Size

annual sales of £358k, make it smaller than the average company (£830.9k)

£358k - Langridge Properties Ltd

£830.9k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 8%, show it is growing at a faster rate (2.6%)

8% - Langridge Properties Ltd

2.6% - Industry AVG

production

Production

with a gross margin of 72.5%, this company has a comparable cost of product (72.5%)

72.5% - Langridge Properties Ltd

72.5% - Industry AVG

profitability

Profitability

an operating margin of 13% make it less profitable than the average company (26.9%)

13% - Langridge Properties Ltd

26.9% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (4)

2 - Langridge Properties Ltd

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £31.2k, the company has an equivalent pay structure (£31.2k)

£31.2k - Langridge Properties Ltd

£31.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £179k, this is equally as efficient (£179k)

£179k - Langridge Properties Ltd

£179k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Langridge Properties Ltd

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Langridge Properties Ltd

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Langridge Properties Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 11 weeks, this is average cash available to meet short term requirements (13 weeks)

11 weeks - Langridge Properties Ltd

13 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 98%, this is a higher level of debt than the average (67.9%)

98% - Langridge Properties Ltd

67.9% - Industry AVG

LANGRIDGE PROPERTIES LTD financials

EXPORTms excel logo

Langridge Properties Ltd's latest turnover from August 2023 is estimated at £358 thousand and the company has net assets of £14 thousand. According to their latest financial statements, Langridge Properties Ltd has 2 employees and maintains cash reserves of £47.1 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018
Turnover357,975317,603273,975287,749310,660281,343
Other Income Or Grants000000
Cost Of Sales98,29987,81680,67880,35392,70274,149
Gross Profit259,676229,787193,297207,396217,959207,194
Admin Expenses213,048192,057170,667194,177201,847199,503
Operating Profit46,62837,73022,63013,21916,1127,691
Interest Payable52,39431,35615,89810,78511,8695,935
Interest Receivable1,5014153936237119
Pre-Tax Profit-4,2656,7896,7702,4694,4801,875
Tax0-1,290-1,286-469-851-356
Profit After Tax-4,2655,4995,4842,0003,6291,519
Dividends Paid000000
Retained Profit-4,2655,4995,4842,0003,6291,519
Employee Costs62,39059,60454,35154,25854,89653,252
Number Of Employees222222
EBITDA*46,62837,73022,63013,21916,1127,691

* Earnings Before Interest, Tax, Depreciation and Amortisation

Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018
Tangible Assets2,5862,5862,5862,5862,5862,586
Intangible Assets000000
Investments & Other649,739649,739479,164248,978248,978248,978
Debtors (Due After 1 year)000000
Total Fixed Assets652,325652,325481,750251,564251,564251,564
Stock & work in progress000000
Trade Debtors000000
Group Debtors000000
Misc Debtors1,00100000
Cash47,09210,07237,39139,86531,64431,644
misc current assets000000
total current assets48,09310,07237,39139,86531,64431,644
total assets700,418662,397519,141291,429283,208283,208
Bank overdraft0000175,840175,840
Bank loan000000
Trade Creditors 000000
Group/Directors Accounts000000
other short term finances000000
hp & lease commitments000000
other current liabilities220,728178,442162,935106,407102,120105,749
total current liabilities220,728178,442162,935106,407277,960281,589
loans465,724465,724343,474177,77400
hp & lease commitments000000
Accruals and Deferred Income000000
other liabilities000000
provisions000000
total long term liabilities465,724465,724343,474177,77400
total liabilities686,452644,166506,409284,181277,960281,589
net assets13,96618,23112,7327,2485,2481,619
total shareholders funds13,96618,23112,7327,2485,2481,619
Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018
Operating Activities
Operating Profit46,62837,73022,63013,21916,1127,691
Depreciation000000
Amortisation000000
Tax0-1,290-1,286-469-851-356
Stock000000
Debtors1,00100000
Creditors000000
Accruals and Deferred Income42,28615,50756,5284,287-3,629105,749
Deferred Taxes & Provisions000000
Cash flow from operations87,91351,94777,87217,03711,632113,084
Investing Activities
capital expenditure00000-2,586
Change in Investments0170,575230,18600248,978
cash flow from investments0-170,575-230,18600-251,564
Financing Activities
Bank loans000000
Group/Directors Accounts000000
Other Short Term Loans 000000
Long term loans0122,250165,700177,77400
Hire Purchase and Lease Commitments000000
other long term liabilities000000
share issue00000100
interest-50,893-30,941-15,859-10,749-11,632-5,816
cash flow from financing-50,89391,309149,841167,025-11,632-5,716
cash and cash equivalents
cash37,020-27,319-2,4748,221031,644
overdraft000-175,8400175,840
change in cash37,020-27,319-2,474184,0610-144,196

langridge properties 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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Langridge Properties Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for langridge properties ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in MK43 area or any other competitors across 12 key performance metrics.

langridge properties ltd Ownership

LANGRIDGE PROPERTIES LTD group structure

Langridge Properties Ltd has no subsidiary companies.

Ultimate parent company

LANGRIDGE PROPERTIES LTD

10904887

LANGRIDGE PROPERTIES LTD Shareholders

sam langridge 50%
elizabeth langridge 50%

langridge properties ltd directors

Langridge Properties Ltd currently has 2 directors. The longest serving directors include Mrs Elizabeth Langridge (Aug 2017) and Mr Sam Langridge (Aug 2017).

officercountryagestartendrole
Mrs Elizabeth LangridgeUnited Kingdom38 years Aug 2017- Director
Mr Sam LangridgeEngland39 years Aug 2017- Director

P&L

August 2023

turnover

358k

+13%

operating profit

46.6k

0%

gross margin

72.6%

+0.26%

turnover

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

Balance Sheet

August 2023

net assets

14k

-0.23%

total assets

700.4k

+0.06%

cash

47.1k

+3.68%

net assets

Total assets minus all liabilities

langridge properties ltd company details

company number

10904887

Type

Private limited with Share Capital

industry

68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

incorporation date

August 2017

age

8

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

August 2023

previous names

N/A

accountant

COX & CO (ACCOUNTANCY) LIMITED

auditor

-

address

the granary high street, turvey, bedford, MK43 8DB

Bank

-

Legal Advisor

-

langridge properties 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 found 15 charges/mortgages relating to langridge properties ltd. Currently there are 15 open charges and 0 have been satisfied in the past.

langridge properties 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.

Click to start generating capital raising & share issue transactions for LANGRIDGE PROPERTIES LTD. This can take several minutes, an email will notify you when this has completed.

langridge properties ltd Companies House Filings - See Documents

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