lmc software ltd

lmc software ltd Company Information

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Company Number

10904934

Industry

Business and domestic software development

 

Directors

Sam Hussain

Vishal Shah

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Shareholders

sam hussain

northern venture trust plc

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Group Structure

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Contact

Registered Address

lion court 25 procter street, london, WC1V 6NY

lmc software ltd Estimated Valuation

£974.2k

Pomanda estimates the enterprise value of LMC SOFTWARE LTD at £974.2k based on a Turnover of £1.1m and 0.87x industry multiple (adjusted for size and gross margin).

lmc software ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of LMC SOFTWARE LTD at £0 based on an EBITDA of £-1.8m and a 5.38x industry multiple (adjusted for size and gross margin).

lmc software ltd Estimated Valuation

£1.5m

Pomanda estimates the enterprise value of LMC SOFTWARE LTD at £1.5m based on Net Assets of £658.2k and 2.35x industry multiple (adjusted for liquidity).

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Lmc Software Ltd Overview

Lmc Software Ltd is a live company located in london, WC1V 6NY with a Companies House number of 10904934. It operates in the business and domestic software development sector, SIC Code 62012. Founded in August 2017, it's largest shareholder is sam hussain with a 27.2% stake. Lmc Software Ltd is a young, small sized company, Pomanda has estimated its turnover at £1.1m with rapid growth in recent years.

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Lmc Software Ltd Health Check

Pomanda's financial health check has awarded Lmc Software Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

4 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £1.1m, make it smaller than the average company (£4.5m)

£1.1m - Lmc Software Ltd

£4.5m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 39%, show it is growing at a faster rate (10.1%)

39% - Lmc Software Ltd

10.1% - Industry AVG

production

Production

with a gross margin of 72.3%, this company has a comparable cost of product (72.3%)

72.3% - Lmc Software Ltd

72.3% - Industry AVG

profitability

Profitability

an operating margin of -164.5% make it less profitable than the average company (3.6%)

-164.5% - Lmc Software Ltd

3.6% - Industry AVG

employees

Employees

with 23 employees, this is below the industry average (41)

23 - Lmc Software Ltd

41 - Industry AVG

paystructure

Pay Structure

on an average salary of £72.3k, the company has an equivalent pay structure (£72.3k)

£72.3k - Lmc Software Ltd

£72.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £48.4k, this is less efficient (£121.8k)

£48.4k - Lmc Software Ltd

£121.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 0 days, this is earlier than average (57 days)

0 days - Lmc Software Ltd

57 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 25 days, this is quicker than average (41 days)

25 days - Lmc Software Ltd

41 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Lmc Software Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 138 weeks, this is more cash available to meet short term requirements (17 weeks)

138 weeks - Lmc Software Ltd

17 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 33.5%, this is a lower level of debt than the average (62.1%)

33.5% - Lmc Software Ltd

62.1% - Industry AVG

LMC SOFTWARE LTD financials

EXPORTms excel logo

Lmc Software Ltd's latest turnover from December 2023 is estimated at £1.1 million and the company has net assets of £658.2 thousand. According to their latest financial statements, Lmc Software Ltd has 23 employees and maintains cash reserves of £884.5 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Mar 2022Mar 2021Mar 2020Mar 2019Aug 2018
Turnover1,113,445725,205438,3441,283,571410,179281,3380
Other Income Or Grants0000000
Cost Of Sales308,847206,027118,151354,108106,40571,9530
Gross Profit804,598519,178320,193929,463303,774209,3840
Admin Expenses2,636,2381,728,828619,9161,204,548580,060306,339128,823
Operating Profit-1,831,640-1,209,650-299,723-275,085-276,286-96,955-128,823
Interest Payable392806622305000
Interest Receivable87,08345,7101,43728927157635
Pre-Tax Profit-1,744,948-1,164,746-298,907-275,101-276,015-96,379-128,788
Tax0000000
Profit After Tax-1,744,948-1,164,746-298,907-275,101-276,015-96,379-128,788
Dividends Paid0000000
Retained Profit-1,744,948-1,164,746-298,907-275,101-276,015-96,379-128,788
Employee Costs1,661,9821,080,237604,309735,872229,807181,0610
Number Of Employees23161013430
EBITDA*-1,822,745-1,205,139-295,991-272,878-275,850-96,955-128,823

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Mar 2022Mar 2021Mar 2020Mar 2019Aug 2018
Tangible Assets42,79027,36015,5178,3305,0791,489461
Intangible Assets0000000
Investments & Other0000000
Debtors (Due After 1 year)006,2506,250000
Total Fixed Assets42,79027,36021,76714,5805,0791,489461
Stock & work in progress0000000
Trade Debtors5603688,6400000
Group Debtors0000000
Misc Debtors61,28250,3165,03102,40922,1611,297
Cash884,5262,432,938204,210179,057398,248144,0589,454
misc current assets0000100
total current assets946,3682,483,622217,881179,057400,658166,21910,751
total assets989,1582,510,982239,648193,637405,737167,70811,212
Bank overdraft01,9781,9410000
Bank loan0000000
Trade Creditors 21,79733,25116,9410045,6440
Group/Directors Accounts0000000
other short term finances0000000
hp & lease commitments0000000
other current liabilities309,166131,58473,48922,67419,681059,900
total current liabilities330,963166,81392,37122,67419,68145,64459,900
loans04,9896,47810,000000
hp & lease commitments0000000
Accruals and Deferred Income0000000
other liabilities0000000
provisions0000000
total long term liabilities04,9896,47810,000000
total liabilities330,963171,80298,84932,67419,68145,64459,900
net assets658,1952,339,180140,799160,963386,056122,064-48,688
total shareholders funds658,1952,339,180140,799160,963386,056122,064-48,688
Dec 2023Dec 2022Mar 2022Mar 2021Mar 2020Mar 2019Aug 2018
Operating Activities
Operating Profit-1,831,640-1,209,650-299,723-275,085-276,286-96,955-128,823
Depreciation8,8954,5113,7322,20743600
Amortisation0000000
Tax0000000
Stock0000000
Debtors11,15844,43413,6713,841-19,75220,8641,297
Creditors-11,45433,25116,9410-45,64445,6440
Accruals and Deferred Income177,582108,91050,8152,99319,681-59,90059,900
Deferred Taxes & Provisions0000000
Cash flow from operations-1,667,775-1,107,412-241,906-273,726-282,061-132,075-70,220
Investing Activities
capital expenditure-24,325-23,541-10,919-5,458-4,026-1,028-461
Change in Investments0000000
cash flow from investments-24,325-23,541-10,919-5,458-4,026-1,028-461
Financing Activities
Bank loans0000000
Group/Directors Accounts0000000
Other Short Term Loans 0000000
Long term loans-4,989-5,011-3,52210,000000
Hire Purchase and Lease Commitments0000000
other long term liabilities0000000
share issue63,9633,342,963278,74350,008540,007267,13180,100
interest86,69144,904815-1627157635
cash flow from financing145,6653,382,856276,03659,992540,278267,70780,135
cash and cash equivalents
cash-1,548,4122,253,88125,153-219,191254,190134,6049,454
overdraft-1,9781,9781,9410000
change in cash-1,546,4342,251,90323,212-219,191254,190134,6049,454

lmc software 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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Lmc Software Ltd Competitor Analysis

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Perform a competitor analysis for lmc software ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in WC1V area or any other competitors across 12 key performance metrics.

lmc software ltd Ownership

LMC SOFTWARE LTD group structure

Lmc Software Ltd has no subsidiary companies.

Ultimate parent company

LMC SOFTWARE LTD

10904934

LMC SOFTWARE LTD Shareholders

sam hussain 27.21%
northern venture trust plc 12.92%
northern 3 vct plc 12.65%
northern 2 vct plc 12.2%
hannah hussain 4.69%
zara hussain 4.69%
arlene adams 3.78%
tahira hussain 2.01%
mnl (oxford capital) nominees limited 1.9%
fazalabbas fazel 1.66%

lmc software ltd directors

Lmc Software Ltd currently has 5 directors. The longest serving directors include Sam Hussain (Aug 2017) and Mr Vishal Shah (Mar 2019).

officercountryagestartendrole
Sam HussainUnited Kingdom35 years Aug 2017- Director
Mr Vishal ShahUnited Kingdom45 years Mar 2019- Director
Mr Adam HurstUnited Kingdom36 years Jul 2021- Director
Mrs Arlene AdamsScotland51 years Aug 2022- Director
Mr Henry HamiltonUnited Kingdom31 years Jun 2024- Director

P&L

December 2023

turnover

1.1m

+54%

operating profit

-1.8m

0%

gross margin

72.3%

+0.94%

turnover

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

Balance Sheet

December 2023

net assets

658.2k

-0.72%

total assets

989.2k

-0.61%

cash

884.5k

-0.64%

net assets

Total assets minus all liabilities

lmc software ltd company details

company number

10904934

Type

Private limited with Share Capital

industry

62012 - Business and domestic software development

incorporation date

August 2017

age

7

incorporated

UK

ultimate parent company

None

accounts

Small Company

last accounts submitted

December 2023

previous names

N/A

accountant

KNAV

auditor

-

address

lion court 25 procter street, london, WC1V 6NY

Bank

-

Legal Advisor

-

lmc software 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 lmc software ltd.

lmc software 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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lmc software ltd Companies House Filings - See Documents

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