Pomanda estimates the enterprise value of LK EVENTS LTD at £16.6k based on a Turnover of £48k and 0.35x industry multiple (adjusted for size and gross margin).
lk events ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of LK EVENTS LTD at £0 based on an EBITDA of £-1.8k and a 2.99x industry multiple (adjusted for size and gross margin).
lk events ltdEstimated Valuation
£21.6k
Pomanda estimates the enterprise value of LK EVENTS LTD at £21.6k based on Net Assets of £8.3k and 2.61x industry multiple (adjusted for liquidity).
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Lk Events LtdOverview
Lk Events Ltd is a live company located in torrington, EX38 7HZ with a Companies House number of 11354880. It operates in the management consultancy activities other than financial management sector, SIC Code 70229. Founded in May 2018, it's largest shareholder is
elizabeth paterson & kim pearman
with a 100% stake. Lk Events Ltd is a young,
micro sized company, Pomanda has estimated its turnover at
£48k with
rapid
growth in recent years.
Pomanda's financial health check has awarded Lk Events Ltd 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 Rating1out of 5
1 Strong
2 Regular
5 Weak
Size
annual sales of £48k, make it smaller than the average company (£496k)
£48k - Lk Events Ltd
£496k - Industry AVG
Growth
3 year (CAGR) sales growth of 65%, show it is growing at a faster rate (11.5%)
65% - Lk Events Ltd
11.5% - Industry AVG
Production
with a gross margin of 24.9%, this company has a higher cost of product (59.1%)
24.9% - Lk Events Ltd
59.1% - Industry AVG
Profitability
an operating margin of -3.8% make it less profitable than the average company (7.8%)
-3.8% - Lk Events Ltd
7.8% - Industry AVG
Employees
with 1 employees, this is below the industry average (5)
1 - Lk Events Ltd
5 - Industry AVG
Pay Structure
on an average salary of £52k, the company has an equivalent pay structure (£52k)
£52k - Lk Events Ltd
£52k - Industry AVG
Efficiency
resulting in sales per employee of £48k, this is less efficient (£121.3k)
£48k - Lk Events Ltd
£121.3k - Industry AVG
Debtor Days
it gets paid by customers after 63 days, this is near the average (61 days)
63 days - Lk Events Ltd
61 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Lk Events Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Lk Events Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Lk Events Ltd
- - Industry AVG
Debt Level
There is insufficient data available for this Key Performance Indicator!
- - Lk Events Ltd
- - Industry AVG
LK EVENTS LTD financials
EXPORT
Lk Events Ltd's latest turnover from May 2024 is £48 thousand and the company has net assets of £8.3 thousand. According to their latest financial statements, we estimate that Lk Events Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
May 2024
May 2023
May 2022
May 2021
May 2020
May 2019
Turnover
48,034
57,502
17,318
10,632
17,367
37,068
Other Income Or Grants
Cost Of Sales
36,064
42,324
12,917
7,900
12,856
26,913
Gross Profit
11,970
15,178
4,401
2,732
4,511
10,155
Admin Expenses
13,797
9,302
1,310
4,470
-2,466
8,590
Operating Profit
-1,827
5,876
3,091
-1,738
6,977
1,565
Interest Payable
Interest Receivable
Pre-Tax Profit
-913
4,813
3,091
-1,738
6,977
1,568
Tax
-914
-406
-587
-1,326
-300
Profit After Tax
-1,827
4,407
2,504
-1,738
5,651
1,268
Dividends Paid
Retained Profit
-1,827
4,407
2,504
-1,738
5,651
1,268
Employee Costs
52,048
47,716
47,219
45,316
41,243
4,005
Number Of Employees
1
1
1
1
1
1
EBITDA*
-1,827
5,876
3,091
-1,738
6,977
1,565
* Earnings Before Interest, Tax, Depreciation and Amortisation
May 2024
May 2023
May 2022
May 2021
May 2020
May 2019
Tangible Assets
137
10,035
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
137
10,035
Stock & work in progress
Trade Debtors
8,291
12,118
7,685
5,303
6,782
Group Debtors
Misc Debtors
3,878
Cash
misc current assets
total current assets
8,291
12,118
7,685
9,181
6,782
total assets
8,291
12,118
7,685
9,181
6,919
10,035
Bank overdraft
Bank loan
Trade Creditors
4,000
300
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
4,000
300
loans
hp & lease commitments
Accruals and Deferred Income
500
other liabilities
7,967
provisions
total long term liabilities
8,467
total liabilities
4,000
8,767
net assets
8,291
12,118
7,685
5,181
6,919
1,268
total shareholders funds
8,291
12,118
7,685
5,181
6,919
1,268
May 2024
May 2023
May 2022
May 2021
May 2020
May 2019
Operating Activities
Operating Profit
-1,827
5,876
3,091
-1,738
6,977
1,565
Depreciation
Amortisation
Tax
-914
-406
-587
-1,326
-300
Stock
Debtors
-3,827
4,433
-1,496
2,399
6,782
Creditors
-4,000
4,000
-300
300
Accruals and Deferred Income
-500
500
Deferred Taxes & Provisions
Cash flow from operations
1,086
1,037
-137
-1,931
2,065
Investing Activities
capital expenditure
137
9,898
-10,035
Change in Investments
cash flow from investments
137
9,898
-10,035
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-7,967
7,967
share issue
-2,000
26
interest
cash flow from financing
-2,000
26
-7,967
7,967
cash and cash equivalents
cash
overdraft
change in cash
lk events ltd 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 lk events ltd. Get real-time insights into lk events ltd's credit score, group structure and payment trends.
Perform a competitor analysis for lk events ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in EX38 area or any other competitors across 12 key performance metrics.
lk events ltd Ownership
LK EVENTS LTD group structure
Lk Events Ltd has no subsidiary companies.
Ultimate parent company
LK EVENTS LTD
11354880
LK EVENTS LTD Shareholders
The sole shareholder of Lk Events Ltd is Elizabeth Paterson & Kim Pearman.
elizabeth paterson & kim pearman
100%
lk events ltd directors
Lk Events Ltd currently has 2 directors.
The longest serving directors include
Miss Elizabeth Paterson (May 2018) and
Ms Kim Pearman (Mar 2019).
70229 - Management consultancy activities (other than financial management)
incorporation date
May 2018
age
7
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
May 2024
previous names
N/A
accountant
-
auditor
-
address
3 the stables st. giles, torrington, EX38 7HZ
Bank
-
Legal Advisor
-
lk events 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 lk events ltd.
lk events 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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lk events ltdCompanies House Filings - See Documents
