letify limited

letify limited Company Information

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Company Number

11101644

Industry

Real estate agencies

 

Directors

Joshua Reuben

Joel Reuben

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Shareholders

joshua reuben

jordan reuben

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Group Structure

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Contact

Registered Address

27 mortimer street, london, W1T 3BL

Website

-

letify limited Estimated Valuation

£215.9k

Pomanda estimates the enterprise value of LETIFY LIMITED at £215.9k based on a Turnover of £147.9k and 1.46x industry multiple (adjusted for size and gross margin).

letify limited Estimated Valuation

£0

Pomanda estimates the enterprise value of LETIFY LIMITED at £0 based on an EBITDA of £0 and a 5.04x industry multiple (adjusted for size and gross margin).

letify limited Estimated Valuation

£0

Pomanda estimates the enterprise value of LETIFY LIMITED at £0 based on Net Assets of £-241.6k and 1.98x industry multiple (adjusted for liquidity).

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Letify Limited Overview

Letify Limited is a live company located in london, W1T 3BL with a Companies House number of 11101644. It operates in the real estate agencies sector, SIC Code 68310. Founded in December 2017, it's largest shareholder is joshua reuben with a 33.3% stake. Letify Limited is a young, micro sized company, Pomanda has estimated its turnover at £147.9k with healthy growth in recent years.

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Letify Limited Health Check

Pomanda's financial health check has awarded Letify Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

1 Strong

positive_score

1 Regular

positive_score

5 Weak

size

Size

annual sales of £147.9k, make it smaller than the average company (£551.7k)

£147.9k - Letify Limited

£551.7k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 5%, show it is growing at a slower rate (6.6%)

5% - Letify Limited

6.6% - Industry AVG

production

Production

with a gross margin of 38.7%, this company has a higher cost of product (82.4%)

38.7% - Letify Limited

82.4% - Industry AVG

profitability

Profitability

There is insufficient data available for this Key Performance Indicator!

- - Letify Limited

- - Industry AVG

employees

Employees

with 3 employees, this is below the industry average (14)

3 - Letify Limited

14 - Industry AVG

paystructure

Pay Structure

on an average salary of £38.1k, the company has an equivalent pay structure (£38.1k)

£38.1k - Letify Limited

£38.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £49.3k, this is less efficient (£75.1k)

£49.3k - Letify Limited

£75.1k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Letify Limited

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 973 days, this is slower than average (38 days)

973 days - Letify Limited

38 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Letify Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Letify Limited

- - Industry AVG

debtlevel

Debt Level

There is insufficient data available for this Key Performance Indicator!

- - Letify Limited

- - Industry AVG

LETIFY LIMITED financials

EXPORTms excel logo

Letify Limited's latest turnover from May 2024 is estimated at £147.9 thousand and the company has net assets of -£241.6 thousand. According to their latest financial statements, Letify Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

May 2024May 2023May 2022May 2021May 2020May 2019
Turnover147,885147,825143,999127,092137,912205,140
Other Income Or Grants000000
Cost Of Sales90,60886,73475,69777,35080,146124,607
Gross Profit57,27761,09068,30249,74157,76680,533
Admin Expenses57,27761,09068,30251,227120,967257,413
Operating Profit000-1,486-63,201-176,880
Interest Payable000000
Interest Receivable000000
Pre-Tax Profit000-1,486-63,201-176,880
Tax000000
Profit After Tax000-1,486-63,201-176,880
Dividends Paid000000
Retained Profit000-1,486-63,201-176,880
Employee Costs114,397117,163121,048111,810114,250188,019
Number Of Employees333335
EBITDA*000-1,486-63,201-176,880

* Earnings Before Interest, Tax, Depreciation and Amortisation

May 2024May 2023May 2022May 2021May 2020May 2019
Tangible Assets000000
Intangible Assets000000
Investments & Other000000
Debtors (Due After 1 year)000000
Total Fixed Assets000000
Stock & work in progress000000
Trade Debtors000035,30759,834
Group Debtors000000
Misc Debtors000000
Cash000000
misc current assets000000
total current assets000035,30759,834
total assets000035,30759,834
Bank overdraft000000
Bank loan000000
Trade Creditors 241,567241,567241,567241,567275,388236,714
Group/Directors Accounts000000
other short term finances000000
hp & lease commitments000000
other current liabilities000000
total current liabilities241,567241,567241,567241,567275,388236,714
loans000000
hp & lease commitments000000
Accruals and Deferred Income000000
other liabilities000000
provisions000000
total long term liabilities000000
total liabilities241,567241,567241,567241,567275,388236,714
net assets-241,567-241,567-241,567-241,567-240,081-176,880
total shareholders funds-241,567-241,567-241,567-241,567-240,081-176,880
May 2024May 2023May 2022May 2021May 2020May 2019
Operating Activities
Operating Profit000-1,486-63,201-176,880
Depreciation000000
Amortisation000000
Tax000000
Stock000000
Debtors000-35,307-24,52759,834
Creditors000-33,82138,674236,714
Accruals and Deferred Income000000
Deferred Taxes & Provisions000000
Cash flow from operations000000
Investing Activities
capital expenditure000000
Change in Investments000000
cash flow from investments000000
Financing Activities
Bank loans000000
Group/Directors Accounts000000
Other Short Term Loans 000000
Long term loans000000
Hire Purchase and Lease Commitments000000
other long term liabilities000000
share issue000000
interest000000
cash flow from financing000000
cash and cash equivalents
cash000000
overdraft000000
change in cash000000

letify limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for letify limited. Get real-time insights into letify limited's credit score, group structure and payment trends.

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Letify Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for letify limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in W1T area or any other competitors across 12 key performance metrics.

letify limited Ownership

LETIFY LIMITED group structure

Letify Limited has no subsidiary companies.

Ultimate parent company

LETIFY LIMITED

11101644

LETIFY LIMITED Shareholders

joshua reuben 33.33%
jordan reuben 33.33%
joel reuben 33.33%

letify limited directors

Letify Limited currently has 3 directors. The longest serving directors include Mr Joshua Reuben (Dec 2017) and Mr Joel Reuben (Dec 2017).

officercountryagestartendrole
Mr Joshua ReubenEngland33 years Dec 2017- Director
Mr Joel ReubenEngland35 years Dec 2017- Director
Mr Jordan ReubenEngland29 years Dec 2017- Director

P&L

May 2024

turnover

147.9k

0%

operating profit

0

0%

gross margin

38.8%

-6.28%

turnover

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

Balance Sheet

May 2024

net assets

-241.6k

0%

total assets

0

0%

cash

0

0%

net assets

Total assets minus all liabilities

letify limited company details

company number

11101644

Type

Private limited with Share Capital

industry

68310 - Real estate agencies

incorporation date

December 2017

age

8

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

May 2024

previous names

N/A

accountant

-

auditor

-

address

27 mortimer street, london, W1T 3BL

Bank

-

Legal Advisor

-

letify 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 letify limited.

letify 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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letify limited Companies House Filings - See Documents

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