ltl security ltd
ltl security ltd Company Information
Company Number
11231804
Next Accounts
Dec 2025
Shareholders
anthony imray
lee reed
Group Structure
View All
Industry
Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
Registered Address
unit 3c, poplar court, atley way, north nelson industri, cramlington, NE23 1WR
Website
www.ltlsystems.co.ukltl security ltd Estimated Valuation
Pomanda estimates the enterprise value of LTL SECURITY LTD at £922.2k based on a Turnover of £1.5m and 0.63x industry multiple (adjusted for size and gross margin).
ltl security ltd Estimated Valuation
Pomanda estimates the enterprise value of LTL SECURITY LTD at £1.7m based on an EBITDA of £385.1k and a 4.51x industry multiple (adjusted for size and gross margin).
ltl security ltd Estimated Valuation
Pomanda estimates the enterprise value of LTL SECURITY LTD at £710.8k based on Net Assets of £309.7k and 2.3x industry multiple (adjusted for liquidity).
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Ltl Security Ltd Overview
Ltl Security Ltd is a live company located in cramlington, NE23 1WR with a Companies House number of 11231804. It operates in the other professional, scientific and technical activities n.e.c. sector, SIC Code 74909. Founded in March 2018, it's largest shareholder is anthony imray with a 50% stake. Ltl Security Ltd is a young, small sized company, Pomanda has estimated its turnover at £1.5m with rapid growth in recent years.
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Ltl Security Ltd Health Check
Pomanda's financial health check has awarded Ltl Security Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
4 Regular
4 Weak
Size
annual sales of £1.5m, make it in line with the average company (£1.7m)
- Ltl Security Ltd
£1.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 32%, show it is growing at a faster rate (8.5%)
- Ltl Security Ltd
8.5% - Industry AVG
Production
with a gross margin of 45.9%, this company has a comparable cost of product (45.9%)
- Ltl Security Ltd
45.9% - Industry AVG
Profitability
an operating margin of 26.2% make it more profitable than the average company (5.4%)
- Ltl Security Ltd
5.4% - Industry AVG
Employees
with 8 employees, this is below the industry average (17)
8 - Ltl Security Ltd
17 - Industry AVG
Pay Structure
on an average salary of £48.4k, the company has an equivalent pay structure (£48.4k)
- Ltl Security Ltd
£48.4k - Industry AVG
Efficiency
resulting in sales per employee of £183.6k, this is more efficient (£111.3k)
- Ltl Security Ltd
£111.3k - Industry AVG
Debtor Days
it gets paid by customers after 90 days, this is later than average (53 days)
- Ltl Security Ltd
53 days - Industry AVG
Creditor Days
its suppliers are paid after 19 days, this is quicker than average (32 days)
- Ltl Security Ltd
32 days - Industry AVG
Stock Days
it holds stock equivalent to 23 days, this is in line with average (28 days)
- Ltl Security Ltd
28 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (29 weeks)
1 weeks - Ltl Security Ltd
29 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 25.6%, this is a lower level of debt than the average (51.5%)
25.6% - Ltl Security Ltd
51.5% - Industry AVG
LTL SECURITY LTD financials
Ltl Security Ltd's latest turnover from March 2024 is estimated at £1.5 million and the company has net assets of £309.7 thousand. According to their latest financial statements, Ltl Security Ltd has 8 employees and maintains cash reserves of £2.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|---|
| Turnover | 182,436 | |||||
| Other Income Or Grants | ||||||
| Cost Of Sales | 75,183 | |||||
| Gross Profit | 107,253 | |||||
| Admin Expenses | 123,464 | |||||
| Operating Profit | -16,211 | |||||
| Interest Payable | 5,329 | |||||
| Interest Receivable | ||||||
| Pre-Tax Profit | -21,540 | |||||
| Tax | ||||||
| Profit After Tax | -21,540 | |||||
| Dividends Paid | ||||||
| Retained Profit | -21,540 | |||||
| Employee Costs | 108,778 | |||||
| Number Of Employees | 8 | 3 | 3 | 3 | 3 | 3 |
| EBITDA* | -16,211 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|---|
| Tangible Assets | ||||||
| Intangible Assets | ||||||
| Investments & Other | ||||||
| Debtors (Due After 1 year) | ||||||
| Total Fixed Assets | ||||||
| Stock & work in progress | 50,551 | 47,580 | ||||
| Trade Debtors | 363,005 | 260,535 | 133,539 | 140,178 | 134,795 | 96,644 |
| Group Debtors | ||||||
| Misc Debtors | 131,259 | 130,448 | ||||
| Cash | 2,550 | 2 | 11,916 | 16,230 | 3,126 | 9,144 |
| misc current assets | 3,000 | 5,190 | ||||
| total current assets | 416,106 | 308,117 | 148,455 | 292,857 | 268,369 | 105,788 |
| total assets | 416,106 | 308,117 | 148,455 | 292,857 | 268,369 | 105,788 |
| Bank overdraft | 1,997 | 14,583 | 26,612 | |||
| Bank loan | ||||||
| Trade Creditors | 41,654 | 56,100 | 97,189 | 72,563 | 101,059 | 20,853 |
| Group/Directors Accounts | 157,604 | 168,275 | 110,968 | |||
| other short term finances | ||||||
| hp & lease commitments | ||||||
| other current liabilities | 64,744 | 71,472 | 43,972 | 52,211 | 39,894 | 106,473 |
| total current liabilities | 106,398 | 287,173 | 141,161 | 307,632 | 278,533 | 127,326 |
| loans | ||||||
| hp & lease commitments | ||||||
| Accruals and Deferred Income | ||||||
| other liabilities | ||||||
| provisions | ||||||
| total long term liabilities | ||||||
| total liabilities | 106,398 | 287,173 | 141,161 | 307,632 | 278,533 | 127,326 |
| net assets | 309,708 | 20,944 | 7,294 | -14,775 | -10,164 | -21,538 |
| total shareholders funds | 309,708 | 20,944 | 7,294 | -14,775 | -10,164 | -21,538 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | -16,211 | |||||
| Depreciation | ||||||
| Amortisation | ||||||
| Tax | ||||||
| Stock | 2,971 | 47,580 | ||||
| Debtors | 102,470 | 126,996 | -137,898 | 6,194 | 168,599 | 96,644 |
| Creditors | -14,446 | -41,089 | 24,626 | -28,496 | 80,206 | 20,853 |
| Accruals and Deferred Income | -6,728 | 27,500 | -8,239 | 12,317 | -66,579 | 106,473 |
| Deferred Taxes & Provisions | ||||||
| Cash flow from operations | 14,471 | |||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | ||||||
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | ||||||
| Group/Directors Accounts | -157,604 | 157,604 | -168,275 | 57,307 | 110,968 | |
| Other Short Term Loans | ||||||
| Long term loans | ||||||
| Hire Purchase and Lease Commitments | ||||||
| other long term liabilities | ||||||
| share issue | ||||||
| interest | -5,329 | |||||
| cash flow from financing | -5,327 | |||||
| cash and cash equivalents | ||||||
| cash | 2,548 | -11,914 | -4,314 | 13,104 | -6,018 | 9,144 |
| overdraft | -1,997 | 1,997 | -14,583 | -12,029 | 26,612 | |
| change in cash | 4,545 | -13,911 | 10,269 | 25,133 | -32,630 | 9,144 |
ltl security ltd Credit Report and Business Information
Ltl Security Ltd Competitor Analysis
Perform a competitor analysis for ltl security ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in NE23 area or any other competitors across 12 key performance metrics.
ltl security ltd Ownership
LTL SECURITY LTD group structure
Ltl Security Ltd has no subsidiary companies.
Ultimate parent company
LTL SECURITY LTD
11231804
ltl security ltd directors
Ltl Security Ltd currently has 2 directors. The longest serving directors include Mr Anthony Imray (Mar 2018) and Mr Lee Reed (Mar 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Anthony Imray | 67 years | Mar 2018 | - | Director | |
| Mr Lee Reed | United Kingdom | 55 years | Mar 2018 | - | Director |
P&L
March 2024turnover
1.5m
+57%
operating profit
385.1k
0%
gross margin
45.9%
+4.07%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
309.7k
+13.79%
total assets
416.1k
+0.35%
cash
2.6k
+1274%
net assets
Total assets minus all liabilities
ltl security ltd company details
company number
11231804
Type
Private limited with Share Capital
industry
74909 - Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
incorporation date
March 2018
age
7
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
unit 3c, poplar court, atley way, north nelson industri, cramlington, NE23 1WR
Bank
-
Legal Advisor
-
ltl security 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 ltl security ltd.
ltl security ltd 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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ltl security ltd Companies House Filings - See Documents
| date | description | view/download |
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