lach associates limited
lach associates limited Company Information
Group Structure
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Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Registered Address
the oakley kidderminster road, droitwich, worcestershire, WR9 9AY
Website
-lach associates limited Estimated Valuation
Pomanda estimates the enterprise value of LACH ASSOCIATES LIMITED at £333k based on a Turnover of £102.7k and 3.24x industry multiple (adjusted for size and gross margin).
lach associates limited Estimated Valuation
Pomanda estimates the enterprise value of LACH ASSOCIATES LIMITED at £52.2k based on an EBITDA of £8k and a 6.51x industry multiple (adjusted for size and gross margin).
lach associates limited Estimated Valuation
Pomanda estimates the enterprise value of LACH ASSOCIATES LIMITED at £0 based on Net Assets of £-44.2k and 1.76x industry multiple (adjusted for liquidity).
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Lach Associates Limited Overview
Lach Associates Limited is a live company located in worcestershire, WR9 9AY with a Companies House number of 11087671. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in November 2017, it's largest shareholder is philip leslie mousley with a 100% stake. Lach Associates Limited is a young, micro sized company, Pomanda has estimated its turnover at £102.7k with declining growth in recent years.
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Lach Associates Limited Health Check
Pomanda's financial health check has awarded Lach Associates Limited a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 8 areas for improvement. Company Health Check FAQs
0 Strong
2 Regular
8 Weak
Size
annual sales of £102.7k, make it smaller than the average company (£850.4k)
- Lach Associates Limited
£850.4k - Industry AVG
Growth
3 year (CAGR) sales growth of -10%, show it is growing at a slower rate (2.9%)
- Lach Associates Limited
2.9% - Industry AVG
Production
with a gross margin of 73%, this company has a comparable cost of product (73%)
- Lach Associates Limited
73% - Industry AVG
Profitability
an operating margin of 7.6% make it less profitable than the average company (26.6%)
- Lach Associates Limited
26.6% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Lach Associates Limited
4 - Industry AVG
Pay Structure
on an average salary of £32.1k, the company has an equivalent pay structure (£32.1k)
- Lach Associates Limited
£32.1k - Industry AVG
Efficiency
resulting in sales per employee of £102.7k, this is less efficient (£179.7k)
- Lach Associates Limited
£179.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Lach Associates Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 11 days, this is quicker than average (36 days)
- Lach Associates Limited
36 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Lach Associates Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (12 weeks)
5 weeks - Lach Associates Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 130.9%, this is a higher level of debt than the average (67.7%)
130.9% - Lach Associates Limited
67.7% - Industry AVG
LACH ASSOCIATES LIMITED financials
Lach Associates Limited's latest turnover from November 2023 is estimated at £102.7 thousand and the company has net assets of -£44.2 thousand. According to their latest financial statements, Lach Associates Limited has 1 employee and maintains cash reserves of £10.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 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 | 1 | 1 | 1 | 1 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 700 | 934 | 1,246 | 1,661 | 2,215 | 805 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 131,985 | 131,985 | 131,984 | 173,885 | 173,886 | 41,901 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 132,685 | 132,919 | 133,230 | 175,546 | 176,101 | 42,706 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 10,535 | 10,664 | 16,186 | 12,647 | 11,212 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 10,535 | 10,664 | 16,186 | 12,647 | 11,212 | 0 |
| total assets | 143,220 | 143,583 | 149,416 | 188,193 | 187,313 | 42,706 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 876 | 768 | 0 | 0 | 0 | 0 |
| 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 | 104,564 | 104,301 | 108,935 | 108,574 | 108,351 | 42,712 |
| total current liabilities | 105,440 | 105,069 | 108,935 | 108,574 | 108,351 | 42,712 |
| loans | 81,995 | 81,850 | 81,850 | 81,850 | 81,851 | 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 | 81,995 | 81,850 | 81,850 | 81,850 | 81,851 | 0 |
| total liabilities | 187,435 | 186,919 | 190,785 | 190,424 | 190,202 | 42,712 |
| net assets | -44,215 | -43,336 | -41,369 | -2,231 | -2,889 | -6 |
| total shareholders funds | -44,215 | -43,336 | -41,369 | -2,231 | -2,889 | -6 |
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 234 | 312 | 415 | 554 | 738 | 269 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Creditors | 108 | 768 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 263 | -4,634 | 361 | 223 | 65,639 | 42,712 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 1 | -41,901 | -1 | 131,985 | 41,901 |
| 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 | 145 | 0 | 0 | -1 | 81,851 | 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 | -129 | -5,522 | 3,539 | 1,435 | 11,212 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -129 | -5,522 | 3,539 | 1,435 | 11,212 | 0 |
lach associates limited Credit Report and Business Information
Lach Associates Limited Competitor Analysis
Perform a competitor analysis for lach associates limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in WR9 area or any other competitors across 12 key performance metrics.
lach associates limited Ownership
LACH ASSOCIATES LIMITED group structure
Lach Associates Limited has no subsidiary companies.
Ultimate parent company
LACH ASSOCIATES LIMITED
11087671
lach associates limited directors
Lach Associates Limited currently has 1 director, Mr Philip Mousley serving since Nov 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Philip Mousley | 65 years | Nov 2017 | - | Director |
P&L
November 2023turnover
102.7k
+12%
operating profit
7.8k
0%
gross margin
73%
+0.88%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2023net assets
-44.2k
+0.02%
total assets
143.2k
0%
cash
10.5k
-0.01%
net assets
Total assets minus all liabilities
lach associates limited company details
company number
11087671
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
November 2017
age
8
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
November 2023
previous names
lach property management limited (January 2021)
accountant
ORMEROD RUTTER LIMITED
auditor
-
address
the oakley kidderminster road, droitwich, worcestershire, WR9 9AY
Bank
BARCLAYS BANK PLC
Legal Advisor
-
lach associates 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 found 2 charges/mortgages relating to lach associates limited. Currently there are 2 open charges and 0 have been satisfied in the past.
lach associates 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.
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lach associates limited Companies House Filings - See Documents
| date | description | view/download |
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