lethaby's limited
lethaby's limited Company Information
Company Number
11014738
Next Accounts
Jul 2025
Shareholders
thomas lethaby
anna lethaby
Group Structure
View All
Industry
Activities of head offices
Registered Address
1 cadogan house church street, reading, RG1 2SB
Website
lethaby.co.nzlethaby's limited Estimated Valuation
Pomanda estimates the enterprise value of LETHABY'S LIMITED at £75.3k based on a Turnover of £194.7k and 0.39x industry multiple (adjusted for size and gross margin).
lethaby's limited Estimated Valuation
Pomanda estimates the enterprise value of LETHABY'S LIMITED at £66.1k based on an EBITDA of £21.6k and a 3.06x industry multiple (adjusted for size and gross margin).
lethaby's limited Estimated Valuation
Pomanda estimates the enterprise value of LETHABY'S LIMITED at £12.5k based on Net Assets of £5.9k and 2.11x industry multiple (adjusted for liquidity).
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Lethaby's Limited Overview
Lethaby's Limited is a live company located in reading, RG1 2SB with a Companies House number of 11014738. It operates in the activities of head offices sector, SIC Code 70100. Founded in October 2017, it's largest shareholder is thomas lethaby with a 50% stake. Lethaby's Limited is a young, micro sized company, Pomanda has estimated its turnover at £194.7k with rapid growth in recent years.
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Lethaby's Limited Health Check
Pomanda's financial health check has awarded Lethaby'S Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
5 Weak
Size
annual sales of £194.7k, make it smaller than the average company (£19.9m)
- Lethaby's Limited
£19.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 71%, show it is growing at a faster rate (6.1%)
- Lethaby's Limited
6.1% - Industry AVG
Production
with a gross margin of 18.5%, this company has a higher cost of product (33%)
- Lethaby's Limited
33% - Industry AVG
Profitability
an operating margin of 11.1% make it more profitable than the average company (5.7%)
- Lethaby's Limited
5.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (110)
- Lethaby's Limited
110 - Industry AVG
Pay Structure
on an average salary of £47.5k, the company has an equivalent pay structure (£47.5k)
- Lethaby's Limited
£47.5k - Industry AVG
Efficiency
resulting in sales per employee of £194.7k, this is equally as efficient (£197.6k)
- Lethaby's Limited
£197.6k - Industry AVG
Debtor Days
it gets paid by customers after 94 days, this is later than average (45 days)
- Lethaby's Limited
45 days - Industry AVG
Creditor Days
its suppliers are paid after 66 days, this is slower than average (43 days)
- Lethaby's Limited
43 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Lethaby's Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Lethaby's Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 88.3%, this is a higher level of debt than the average (55.8%)
88.3% - Lethaby's Limited
55.8% - Industry AVG
LETHABY'S LIMITED financials
Lethaby'S Limited's latest turnover from October 2023 is estimated at £194.7 thousand and the company has net assets of £5.9 thousand. According to their latest financial statements, we estimate that Lethaby'S Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 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 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 196 | 261 | 348 | 464 | 619 | 825 |
| Intangible Assets | ||||||
| Investments & Other | ||||||
| Debtors (Due After 1 year) | ||||||
| Total Fixed Assets | 196 | 261 | 348 | 464 | 619 | 825 |
| Stock & work in progress | ||||||
| Trade Debtors | 50,383 | 38,150 | 23,956 | 3,543 | ||
| Group Debtors | ||||||
| Misc Debtors | 11,865 | 11,225 | 533 | |||
| Cash | 27,367 | 14,022 | 7,677 | |||
| misc current assets | ||||||
| total current assets | 50,383 | 38,150 | 35,821 | 38,592 | 14,022 | 11,753 |
| total assets | 50,579 | 38,411 | 36,169 | 39,056 | 14,641 | 12,578 |
| Bank overdraft | ||||||
| Bank loan | ||||||
| Trade Creditors | 29,087 | 28,402 | 21,054 | 11,353 | 94 | 96 |
| Group/Directors Accounts | 2,500 | 5,000 | ||||
| other short term finances | ||||||
| hp & lease commitments | ||||||
| other current liabilities | 11,630 | 6,218 | ||||
| total current liabilities | 29,087 | 28,402 | 21,054 | 11,353 | 14,224 | 11,314 |
| loans | 24,000 | |||||
| hp & lease commitments | ||||||
| Accruals and Deferred Income | 2,800 | 2,800 | 2,800 | 2,800 | ||
| other liabilities | 12,776 | 17,503 | 22,114 | |||
| provisions | ||||||
| total long term liabilities | 15,576 | 20,303 | 24,914 | 26,800 | ||
| total liabilities | 44,663 | 48,705 | 45,968 | 38,153 | 14,224 | 11,314 |
| net assets | 5,916 | -10,294 | -9,799 | 903 | 417 | 1,264 |
| total shareholders funds | 5,916 | -10,294 | -9,799 | 903 | 417 | 1,264 |
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 155 | 206 | 275 | |||
| Amortisation | ||||||
| Tax | ||||||
| Stock | ||||||
| Debtors | 12,233 | 2,329 | 24,596 | 11,225 | -4,076 | 4,076 |
| Creditors | 685 | 7,348 | 9,701 | 11,259 | -2 | 96 |
| Accruals and Deferred Income | -8,830 | 5,412 | 6,218 | |||
| Deferred Taxes & Provisions | ||||||
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | ||||||
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | ||||||
| Group/Directors Accounts | -2,500 | -2,500 | 5,000 | |||
| Other Short Term Loans | ||||||
| Long term loans | -24,000 | 24,000 | ||||
| Hire Purchase and Lease Commitments | ||||||
| other long term liabilities | -4,727 | -4,611 | 22,114 | |||
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | -27,367 | 13,345 | 6,345 | 7,677 | ||
| overdraft | ||||||
| change in cash | -27,367 | 13,345 | 6,345 | 7,677 |
lethaby's limited Credit Report and Business Information
Lethaby's Limited Competitor Analysis
Perform a competitor analysis for lethaby's limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in RG1 area or any other competitors across 12 key performance metrics.
lethaby's limited Ownership
LETHABY'S LIMITED group structure
Lethaby'S Limited has no subsidiary companies.
Ultimate parent company
LETHABY'S LIMITED
11014738
lethaby's limited directors
Lethaby'S Limited currently has 2 directors. The longest serving directors include Mrs. Anna Lethaby (Oct 2017) and Mr Thomas Lethaby (Oct 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs. Anna Lethaby | United Kingdom | 44 years | Oct 2017 | - | Director |
| Mr Thomas Lethaby | United Kingdom | 44 years | Oct 2017 | - | Director |
P&L
October 2023turnover
194.7k
+30%
operating profit
21.6k
0%
gross margin
18.6%
-2.44%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
5.9k
-1.57%
total assets
50.6k
+0.32%
cash
0
0%
net assets
Total assets minus all liabilities
lethaby's limited company details
company number
11014738
Type
Private limited with Share Capital
industry
70100 - Activities of head offices
incorporation date
October 2017
age
8
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
October 2023
previous names
N/A
accountant
R S ACCOUNTING SERVICES
auditor
-
address
1 cadogan house church street, reading, RG1 2SB
Bank
-
Legal Advisor
-
lethaby's 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 lethaby's limited.
lethaby's 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 LETHABY'S LIMITED. This can take several minutes, an email will notify you when this has completed.
lethaby's limited Companies House Filings - See Documents
| date | description | view/download |
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