lg rock limited
lg rock limited Company Information
Company Number
10988470
Next Accounts
Sep 2025
Industry
Non-trading company
Directors
Shareholders
lighthouse group limited
Group Structure
View All
Contact
Registered Address
1st floor, cloister house, riverside, manchester, M3 5FS
Website
-lg rock limited Estimated Valuation
Pomanda estimates the enterprise value of LG ROCK LIMITED at £4.4k based on a Turnover of £11k and 0.4x industry multiple (adjusted for size and gross margin).
lg rock limited Estimated Valuation
Pomanda estimates the enterprise value of LG ROCK LIMITED at £0 based on an EBITDA of £-3.7k and a 7.48x industry multiple (adjusted for size and gross margin).
lg rock limited Estimated Valuation
Pomanda estimates the enterprise value of LG ROCK LIMITED at £0 based on Net Assets of £-3.2k and 1.2x industry multiple (adjusted for liquidity).
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Lg Rock Limited Overview
Lg Rock Limited is a live company located in manchester, M3 5FS with a Companies House number of 10988470. It operates in the non-trading company sector, SIC Code 74990. Founded in September 2017, it's largest shareholder is lighthouse group limited with a 100% stake. Lg Rock Limited is a young, micro sized company, Pomanda has estimated its turnover at £11k with declining growth in recent years.
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Lg Rock Limited Health Check
Pomanda's financial health check has awarded Lg Rock Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
7 Weak
Size
annual sales of £11k, make it smaller than the average company (£4.1m)
- Lg Rock Limited
£4.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -66%, show it is growing at a slower rate (6.2%)
- Lg Rock Limited
6.2% - Industry AVG
Production
with a gross margin of 19.5%, this company has a higher cost of product (36.3%)
- Lg Rock Limited
36.3% - Industry AVG
Profitability
an operating margin of -33.9% make it less profitable than the average company (5.2%)
- Lg Rock Limited
5.2% - Industry AVG
Employees
with 1 employees, this is below the industry average (42)
- Lg Rock Limited
42 - Industry AVG
Pay Structure
on an average salary of £41.8k, the company has an equivalent pay structure (£41.8k)
- Lg Rock Limited
£41.8k - Industry AVG
Efficiency
resulting in sales per employee of £11k, this is less efficient (£153.6k)
- Lg Rock Limited
£153.6k - Industry AVG
Debtor Days
it gets paid by customers after 47 days, this is near the average (40 days)
- Lg Rock Limited
40 days - Industry AVG
Creditor Days
its suppliers are paid after 193 days, this is slower than average (41 days)
- Lg Rock Limited
41 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Lg Rock Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Lg Rock Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 317.6%, this is a higher level of debt than the average (43.1%)
317.6% - Lg Rock Limited
43.1% - Industry AVG
LG ROCK LIMITED financials
Lg Rock Limited's latest turnover from December 2023 is estimated at £11 thousand and the company has net assets of -£3.2 thousand. According to their latest financial statements, we estimate that Lg Rock Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Sep 2019 | Sep 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 | 1 | 2 | 2 | 1 | 1 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Sep 2019 | Sep 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 5,043 | 5,370 | 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 | 0 | 0 | 5,043 | 5,370 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 1,437 | 3,276 | 75,827 | 75,900 | 89,208 | 22,547 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 41 | 38 | 38 | 36 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,478 | 3,314 | 75,865 | 75,936 | 89,208 | 22,547 |
| total assets | 1,478 | 3,314 | 80,908 | 81,306 | 89,208 | 22,547 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 4,694 | 2,795 | 89,443 | 88,541 | 82,857 | 670,125 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 0 |
| total current liabilities | 4,694 | 2,795 | 89,443 | 88,541 | 82,857 | 670,125 |
| 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 | 4,694 | 2,795 | 89,443 | 88,541 | 82,857 | 670,125 |
| net assets | -3,216 | 519 | -8,535 | -7,235 | 6,351 | -647,578 |
| total shareholders funds | -3,216 | 519 | -8,535 | -7,235 | 6,351 | -647,578 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Sep 2019 | Sep 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 0 | 0 | 0 | 0 | ||
| Amortisation | 0 | 0 | 0 | 0 | ||
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -1,836 | -72,551 | -71 | -13,272 | 66,661 | 22,547 |
| Creditors | 1,899 | -86,648 | 902 | 5,684 | -587,268 | 670,125 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 0 | 0 | 0 | 0 | 0 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 |
lg rock limited Credit Report and Business Information
Lg Rock Limited Competitor Analysis
Perform a competitor analysis for lg rock limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in M 3 area or any other competitors across 12 key performance metrics.
lg rock limited Ownership
LG ROCK LIMITED group structure
Lg Rock Limited has no subsidiary companies.
Ultimate parent company
FORAFRIC CORP LTD
#0106127
1 parent
LG ROCK LIMITED
10988470
lg rock limited directors
Lg Rock Limited currently has 1 director, Mr Michael Elbaz serving since Mar 2022.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Elbaz | United Kingdom | 40 years | Mar 2022 | - | Director |
P&L
December 2023turnover
11k
-71%
operating profit
-3.7k
0%
gross margin
19.6%
+7.29%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-3.2k
-7.2%
total assets
1.5k
-0.55%
cash
0
0%
net assets
Total assets minus all liabilities
lg rock limited company details
company number
10988470
Type
Private limited with Share Capital
industry
74990 - Non-trading company
incorporation date
September 2017
age
7
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
December 2023
previous names
forafric services limited (May 2023)
accountant
-
auditor
-
address
1st floor, cloister house, riverside, manchester, M3 5FS
Bank
-
Legal Advisor
-
lg rock 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 did not find charges/mortgages relating to lg rock limited.
lg rock limited 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 LG ROCK LIMITED. This can take several minutes, an email will notify you when this has completed.
lg rock limited Companies House Filings - See Documents
| date | description | view/download |
|---|
