lightspeed ventures ltd
lightspeed ventures ltd Company Information
Company Number
11132584
Website
http://avgwindscreens.co.ukRegistered Address
third floor 12 east passage, london, EC1A 7LP
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Telephone
03330153883
Next Accounts Due
September 2025
Group Structure
View All
Directors
Shonit Shah6 Years
Shareholders
shonit shah 50%
sanay tushar shah 50%
lightspeed ventures ltd Estimated Valuation
Pomanda estimates the enterprise value of LIGHTSPEED VENTURES LTD at £128.7k based on a Turnover of £107.7k and 1.2x industry multiple (adjusted for size and gross margin).
lightspeed ventures ltd Estimated Valuation
Pomanda estimates the enterprise value of LIGHTSPEED VENTURES LTD at £0 based on an EBITDA of £-30.4k and a 4.58x industry multiple (adjusted for size and gross margin).
lightspeed ventures ltd Estimated Valuation
Pomanda estimates the enterprise value of LIGHTSPEED VENTURES LTD at £442.5k based on Net Assets of £237.5k and 1.86x industry multiple (adjusted for liquidity).
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Lightspeed Ventures Ltd Overview
Lightspeed Ventures Ltd is a live company located in london, EC1A 7LP with a Companies House number of 11132584. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in January 2018, it's largest shareholder is shonit shah with a 50% stake. Lightspeed Ventures Ltd is a young, micro sized company, Pomanda has estimated its turnover at £107.7k with low growth in recent years.
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Lightspeed Ventures Ltd Health Check
Pomanda's financial health check has awarded Lightspeed Ventures Ltd 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 £107.7k, make it smaller than the average company (£19.4m)
- Lightspeed Ventures Ltd
£19.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (10.5%)
- Lightspeed Ventures Ltd
10.5% - Industry AVG
Production
with a gross margin of 35.9%, this company has a comparable cost of product (35.9%)
- Lightspeed Ventures Ltd
35.9% - Industry AVG
Profitability
an operating margin of -28.2% make it less profitable than the average company (4.7%)
- Lightspeed Ventures Ltd
4.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (107)
1 - Lightspeed Ventures Ltd
107 - Industry AVG
Pay Structure
on an average salary of £44.5k, the company has an equivalent pay structure (£44.5k)
- Lightspeed Ventures Ltd
£44.5k - Industry AVG
Efficiency
resulting in sales per employee of £107.7k, this is less efficient (£191.2k)
- Lightspeed Ventures Ltd
£191.2k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Lightspeed Ventures Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (44 days)
- Lightspeed Ventures Ltd
44 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Lightspeed Ventures Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (14 weeks)
0 weeks - Lightspeed Ventures Ltd
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 96%, this is a higher level of debt than the average (69.3%)
96% - Lightspeed Ventures Ltd
69.3% - Industry AVG
LIGHTSPEED VENTURES LTD financials
Lightspeed Ventures Ltd's latest turnover from December 2023 is estimated at £107.7 thousand and the company has net assets of £237.5 thousand. According to their latest financial statements, Lightspeed Ventures Ltd has 1 employee and maintains cash reserves of £36.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | 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 | 1 | 1 | 1 | 1 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 4,511,980 | 3,246,453 | 3,246,453 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 4,511,980 | 3,246,453 | 3,246,453 | 0 | 0 | 0 |
| 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 | 1,405,939 | 1,641,274 | 1,451,359 | 4,124,735 | 2,284,146 | 2,066,269 |
| Cash | 36,778 | 6,064 | 10,254 | 10,578 | 356,328 | 7,856 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,442,717 | 1,647,338 | 1,461,613 | 4,135,313 | 2,640,474 | 2,074,125 |
| total assets | 5,954,697 | 4,893,791 | 4,708,066 | 4,135,313 | 2,640,474 | 2,074,125 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 163 | 1,590 | 151 | 152 | 9,961 | 0 |
| Group/Directors Accounts | 4,941,175 | 3,719,716 | 0 | 1,426,377 | 1,822,054 | 1,771,128 |
| other short term finances | 0 | 0 | 0 | 2,412,369 | 526,382 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 775,839 | 905,653 | 4,313,199 | 12,312 | 23,780 | 4,820 |
| total current liabilities | 5,717,177 | 4,626,959 | 4,313,350 | 3,851,210 | 2,382,177 | 1,775,948 |
| 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 | 5,717,177 | 4,626,959 | 4,313,350 | 3,851,210 | 2,382,177 | 1,775,948 |
| net assets | 237,520 | 266,832 | 394,716 | 284,103 | 258,297 | 298,177 |
| total shareholders funds | 237,520 | 266,832 | 394,716 | 284,103 | 258,297 | 298,177 |
| Dec 2023 | Dec 2022 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -235,335 | -2,483,461 | -2,673,376 | 1,840,589 | 217,877 | 2,066,269 |
| Creditors | -1,427 | 1,438 | -1 | -9,809 | 9,961 | 0 |
| Accruals and Deferred Income | -129,814 | 893,341 | 4,300,887 | -11,468 | 18,960 | 4,820 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 1,265,527 | 3,246,453 | 3,246,453 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 1,221,459 | 2,293,339 | -1,426,377 | -395,677 | 50,926 | 1,771,128 |
| Other Short Term Loans | 0 | -2,412,369 | -2,412,369 | 1,885,987 | 526,382 | 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 | 30,714 | -4,514 | -324 | -345,750 | 348,472 | 7,856 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 30,714 | -4,514 | -324 | -345,750 | 348,472 | 7,856 |
lightspeed ventures ltd Credit Report and Business Information
Lightspeed Ventures Ltd Competitor Analysis
Perform a competitor analysis for lightspeed ventures ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in EC1A area or any other competitors across 12 key performance metrics.
lightspeed ventures ltd Ownership
LIGHTSPEED VENTURES LTD group structure
Lightspeed Ventures Ltd has 3 subsidiary companies.
Ultimate parent company
LIGHTSPEED VENTURES LTD
11132584
3 subsidiaries
lightspeed ventures ltd directors
Lightspeed Ventures Ltd currently has 1 director, Mr Shonit Shah serving since Jan 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Shonit Shah | England | 31 years | Jan 2018 | - | Director |
P&L
December 2023turnover
107.7k
+1311%
operating profit
-30.4k
0%
gross margin
36%
-0.32%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
237.5k
-0.11%
total assets
6m
+0.22%
cash
36.8k
+5.06%
net assets
Total assets minus all liabilities
lightspeed ventures ltd company details
company number
11132584
Type
Private limited with Share Capital
industry
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
incorporation date
January 2018
age
6
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
third floor 12 east passage, london, EC1A 7LP
Bank
-
Legal Advisor
-
lightspeed ventures ltd 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 lightspeed ventures ltd.
lightspeed ventures ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
