loc8me limited
loc8me limited Company Information
Company Number
11089628
Website
loc8me.co.ukRegistered Address
6 forest road, loughborough, LE11 3NP
Industry
Management of real estate on a fee or contract basis
Telephone
01482333744
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
raffaele roberto russo 86%
james biddle 10%
View Allloc8me limited Estimated Valuation
Pomanda estimates the enterprise value of LOC8ME LIMITED at £989k based on a Turnover of £495.4k and 2x industry multiple (adjusted for size and gross margin).
loc8me limited Estimated Valuation
Pomanda estimates the enterprise value of LOC8ME LIMITED at £2.9m based on an EBITDA of £439.5k and a 6.7x industry multiple (adjusted for size and gross margin).
loc8me limited Estimated Valuation
Pomanda estimates the enterprise value of LOC8ME LIMITED at £1.7m based on Net Assets of £930.8k and 1.8x industry multiple (adjusted for liquidity).
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Loc8me Limited Overview
Loc8me Limited is a live company located in loughborough, LE11 3NP with a Companies House number of 11089628. It operates in the management of real estate on a fee or contract basis sector, SIC Code 68320. Founded in November 2017, it's largest shareholder is raffaele roberto russo with a 86% stake. Loc8me Limited is a young, micro sized company, Pomanda has estimated its turnover at £495.4k with rapid growth in recent years.
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Loc8me Limited Health Check
Pomanda's financial health check has awarded Loc8Me Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
4 Weak
Size
annual sales of £495.4k, make it smaller than the average company (£1m)
- Loc8me Limited
£1m - Industry AVG
Growth
3 year (CAGR) sales growth of 77%, show it is growing at a faster rate (3.6%)
- Loc8me Limited
3.6% - Industry AVG
Production
with a gross margin of 42.6%, this company has a comparable cost of product (42.6%)
- Loc8me Limited
42.6% - Industry AVG
Profitability
an operating margin of 85.7% make it more profitable than the average company (8.5%)
- Loc8me Limited
8.5% - Industry AVG
Employees
with 21 employees, this is above the industry average (11)
21 - Loc8me Limited
11 - Industry AVG
Pay Structure
on an average salary of £41.1k, the company has an equivalent pay structure (£41.1k)
- Loc8me Limited
£41.1k - Industry AVG
Efficiency
resulting in sales per employee of £23.6k, this is less efficient (£95.8k)
- Loc8me Limited
£95.8k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is earlier than average (32 days)
- Loc8me Limited
32 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (33 days)
- Loc8me Limited
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Loc8me Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (25 weeks)
0 weeks - Loc8me Limited
25 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 59.6%, this is a lower level of debt than the average (81.8%)
59.6% - Loc8me Limited
81.8% - Industry AVG
LOC8ME LIMITED financials
Loc8Me Limited's latest turnover from March 2023 is estimated at £495.4 thousand and the company has net assets of £930.8 thousand. According to their latest financial statements, Loc8Me Limited has 21 employees and maintains cash reserves of £8.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|
| 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 | 21 | 15 | 9 | 1 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 68,910 | 15,286 | 31,944 | 0 | 0 |
| Intangible Assets | 6,250 | 0 | 0 | 0 | 0 |
| Investments & Other | 1,515,770 | 1,515,370 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,590,930 | 1,530,656 | 31,944 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 2,135 | 3,261 | 140,930 | 0 | 100 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 700,064 | 657,011 | 0 | 0 | 0 |
| Cash | 8,307 | 29,981 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 100 | 0 |
| total current assets | 710,506 | 690,253 | 140,930 | 100 | 100 |
| total assets | 2,301,436 | 2,220,909 | 172,874 | 100 | 100 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 166,667 | 166,667 | 0 | 0 | 0 |
| Trade Creditors | 181 | 0 | 73,144 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 463,740 | 356,568 | 0 | 0 | 0 |
| total current liabilities | 630,588 | 523,235 | 73,144 | 0 | 0 |
| loans | 597,222 | 763,889 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 142,862 | 277,020 | 20,313 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 740,084 | 1,040,909 | 20,313 | 0 | 0 |
| total liabilities | 1,370,672 | 1,564,144 | 93,457 | 0 | 0 |
| net assets | 930,764 | 656,765 | 79,417 | 100 | 100 |
| total shareholders funds | 930,764 | 656,765 | 79,417 | 100 | 100 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 15,207 | 0 | 0 | ||
| Amortisation | 0 | 0 | 0 | ||
| Tax | |||||
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | 41,927 | 519,342 | 140,930 | -100 | 100 |
| Creditors | 181 | -73,144 | 73,144 | 0 | 0 |
| Accruals and Deferred Income | 107,172 | 356,568 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 400 | 1,515,370 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 166,667 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -166,667 | 763,889 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -134,158 | 256,707 | 20,313 | 0 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | -21,674 | 29,981 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | -21,674 | 29,981 | 0 | 0 | 0 |
loc8me limited Credit Report and Business Information
Loc8me Limited Competitor Analysis
Perform a competitor analysis for loc8me limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in LE11 area or any other competitors across 12 key performance metrics.
loc8me limited Ownership
LOC8ME LIMITED group structure
Loc8Me Limited has 12 subsidiary companies.
Ultimate parent company
LOC8ME LIMITED
11089628
12 subsidiaries
loc8me limited directors
Loc8Me Limited currently has 3 directors. The longest serving directors include Mr Raffaele Russo (Nov 2017) and Mr James Biddle (Aug 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Raffaele Russo | England | 39 years | Nov 2017 | - | Director |
| Mr James Biddle | England | 33 years | Aug 2020 | - | Director |
| Mrs Helen Russo | England | 41 years | Jan 2021 | - | Director |
P&L
March 2023turnover
495.4k
+4%
operating profit
424.3k
0%
gross margin
42.6%
-8.02%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
930.8k
+0.42%
total assets
2.3m
+0.04%
cash
8.3k
-0.72%
net assets
Total assets minus all liabilities
loc8me limited company details
company number
11089628
Type
Private limited with Share Capital
industry
68320 - Management of real estate on a fee or contract basis
incorporation date
November 2017
age
7
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
6 forest road, loughborough, LE11 3NP
last accounts submitted
March 2023
loc8me 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 1 charges/mortgages relating to loc8me limited. Currently there are 1 open charges and 0 have been satisfied in the past.
loc8me limited Companies House Filings - See Documents
| date | description | view/download |
|---|
