lofts inc ltd
lofts inc ltd Company Information
Company Number
11257463
Next Accounts
Dec 2024
Industry
Buying and selling of own real estate
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Directors
Shareholders
sion o'connor
keith duncan macrae
Group Structure
View All
Contact
Registered Address
170 holland park avenue, london, W11 4UH
Website
loftsinc.comlofts inc ltd Estimated Valuation
Pomanda estimates the enterprise value of LOFTS INC LTD at £217.4m based on a Turnover of £46.4m and 4.69x industry multiple (adjusted for size and gross margin).
lofts inc ltd Estimated Valuation
Pomanda estimates the enterprise value of LOFTS INC LTD at £0 based on an EBITDA of £-250.1k and a 10.13x industry multiple (adjusted for size and gross margin).
lofts inc ltd Estimated Valuation
Pomanda estimates the enterprise value of LOFTS INC LTD at £0 based on Net Assets of £-859.1k and 1.67x industry multiple (adjusted for liquidity).
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Lofts Inc Ltd Overview
Lofts Inc Ltd is a live company located in london, W11 4UH with a Companies House number of 11257463. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in March 2018, it's largest shareholder is sion o'connor with a 50% stake. Lofts Inc Ltd is a young, large sized company, Pomanda has estimated its turnover at £46.4m with rapid growth in recent years.
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Lofts Inc Ltd Health Check
Pomanda's financial health check has awarded Lofts Inc Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
5 Weak
Size
annual sales of £46.4m, make it larger than the average company (£847.5k)
- Lofts Inc Ltd
£847.5k - Industry AVG
Growth
3 year (CAGR) sales growth of 378%, show it is growing at a faster rate (2%)
- Lofts Inc Ltd
2% - Industry AVG
Production
with a gross margin of 29.6%, this company has a higher cost of product (70.5%)
- Lofts Inc Ltd
70.5% - Industry AVG
Profitability
an operating margin of -0.5% make it less profitable than the average company (36.7%)
- Lofts Inc Ltd
36.7% - Industry AVG
Employees
with 88 employees, this is above the industry average (4)
- Lofts Inc Ltd
4 - Industry AVG
Pay Structure
on an average salary of £33.2k, the company has an equivalent pay structure (£33.2k)
- Lofts Inc Ltd
£33.2k - Industry AVG
Efficiency
resulting in sales per employee of £526.7k, this is more efficient (£184.9k)
- Lofts Inc Ltd
£184.9k - Industry AVG
Debtor Days
it gets paid by customers after 107 days, this is later than average (28 days)
- Lofts Inc Ltd
28 days - Industry AVG
Creditor Days
its suppliers are paid after 7 days, this is quicker than average (33 days)
- Lofts Inc Ltd
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Lofts Inc Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Lofts Inc Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 104.9%, this is a higher level of debt than the average (63.3%)
104.9% - Lofts Inc Ltd
63.3% - Industry AVG
LOFTS INC LTD financials
Lofts Inc Ltd's latest turnover from March 2023 is estimated at £46.4 million and the company has net assets of -£859.1 thousand. According to their latest financial statements, we estimate that Lofts Inc Ltd has 88 employees and maintains cash reserves of 0 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 | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 3,800,581 | 3,765,174 | 3,784,282 | 3,803,391 | 3,692,358 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 3,800,581 | 3,765,174 | 3,784,282 | 3,803,391 | 3,692,358 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 13,663,049 | 13,318,158 | 180,690 | 18,694 | 52,897 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 2,157 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 13,663,049 | 13,318,158 | 180,690 | 20,851 | 52,897 |
| total assets | 17,463,630 | 17,083,332 | 3,964,972 | 3,824,242 | 3,745,255 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 681,856 | 253,634 | 1,297,345 | 1,109,595 | 944,985 |
| 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 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 681,856 | 253,634 | 1,297,345 | 1,109,595 | 944,985 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 1,680 | 1,680 | 1,680 | 27,355 | 840 |
| other liabilities | 17,639,183 | 17,437,056 | 3,081,292 | 3,065,350 | 3,014,257 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 17,640,863 | 17,438,736 | 3,082,972 | 3,092,705 | 3,015,097 |
| total liabilities | 18,322,719 | 17,692,370 | 4,380,317 | 4,202,300 | 3,960,082 |
| net assets | -859,089 | -609,038 | -415,345 | -378,058 | -214,827 |
| total shareholders funds | -859,089 | -609,038 | -415,345 | -378,058 | -214,827 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | |||||
| Amortisation | |||||
| Tax | |||||
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | 344,891 | 13,137,468 | 159,839 | -32,046 | 52,897 |
| Creditors | 428,222 | -1,043,711 | 187,750 | 164,610 | 944,985 |
| Accruals and Deferred Income | 0 | 0 | -25,675 | 26,515 | 840 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 202,127 | 14,355,764 | 15,942 | 51,093 | 3,014,257 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 |
lofts inc ltd Credit Report and Business Information
Lofts Inc Ltd Competitor Analysis
Perform a competitor analysis for lofts inc ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other large companies, companies in W11 area or any other competitors across 12 key performance metrics.
lofts inc ltd Ownership
LOFTS INC LTD group structure
Lofts Inc Ltd has no subsidiary companies.
Ultimate parent company
LOFTS INC LTD
11257463
lofts inc ltd directors
Lofts Inc Ltd currently has 1 director, Mr Keith MacRae serving since Mar 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Keith MacRae | United Kingdom | 56 years | Mar 2018 | - | Director |
P&L
March 2023turnover
46.4m
+14%
operating profit
-250.1k
0%
gross margin
29.6%
+1.78%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-859.1k
+0.41%
total assets
17.5m
+0.02%
cash
0
0%
net assets
Total assets minus all liabilities
lofts inc ltd company details
company number
11257463
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
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
March 2018
age
6
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2023
previous names
N/A
accountant
JENNER ACCOUNTANTS LIMITED
auditor
-
address
170 holland park avenue, london, W11 4UH
Bank
-
Legal Advisor
-
lofts inc 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 found 8 charges/mortgages relating to lofts inc ltd. Currently there are 2 open charges and 6 have been satisfied in the past.
lofts inc 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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lofts inc ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
