lg logistics ltd
lg logistics ltd Company Information
Company Number
11405563
Website
-Registered Address
60 hinckley road, leicester, LE3 0RB
Industry
Freight transport by road
Telephone
-
Next Accounts Due
February 2025
Group Structure
View All
Shareholders
lakhvir cheema 50%
satinder cheema 50%
lg logistics ltd Estimated Valuation
Pomanda estimates the enterprise value of LG LOGISTICS LTD at £143.9k based on a Turnover of £414.8k and 0.35x industry multiple (adjusted for size and gross margin).
lg logistics ltd Estimated Valuation
Pomanda estimates the enterprise value of LG LOGISTICS LTD at £0 based on an EBITDA of £-59.7k and a 3.16x industry multiple (adjusted for size and gross margin).
lg logistics ltd Estimated Valuation
Pomanda estimates the enterprise value of LG LOGISTICS LTD at £222k based on Net Assets of £88.4k and 2.51x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Lg Logistics Ltd Overview
Lg Logistics Ltd is a live company located in leicester, LE3 0RB with a Companies House number of 11405563. It operates in the freight transport by road sector, SIC Code 49410. Founded in June 2018, it's largest shareholder is lakhvir cheema with a 50% stake. Lg Logistics Ltd is a young, micro sized company, Pomanda has estimated its turnover at £414.8k with healthy growth in recent years.
Upgrade for unlimited company reports & a free credit check
Lg Logistics Ltd Health Check
Pomanda's financial health check has awarded Lg Logistics Ltd a 2 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
1 Strong
4 Regular
5 Weak
Size
annual sales of £414.8k, make it smaller than the average company (£8.7m)
- Lg Logistics Ltd
£8.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a similar rate (8.5%)
- Lg Logistics Ltd
8.5% - Industry AVG
Production
with a gross margin of 14.5%, this company has a higher cost of product (21.5%)
- Lg Logistics Ltd
21.5% - Industry AVG
Profitability
an operating margin of -14.4% make it less profitable than the average company (5.6%)
- Lg Logistics Ltd
5.6% - Industry AVG
Employees
with 5 employees, this is below the industry average (58)
5 - Lg Logistics Ltd
58 - Industry AVG
Pay Structure
on an average salary of £39.5k, the company has an equivalent pay structure (£39.5k)
- Lg Logistics Ltd
£39.5k - Industry AVG
Efficiency
resulting in sales per employee of £83k, this is less efficient (£132.7k)
- Lg Logistics Ltd
£132.7k - Industry AVG
Debtor Days
it gets paid by customers after 57 days, this is near the average (52 days)
- Lg Logistics Ltd
52 days - Industry AVG
Creditor Days
its suppliers are paid after 78 days, this is slower than average (30 days)
- Lg Logistics Ltd
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Lg Logistics Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Lg Logistics Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 59.4%, this is a similar level of debt than the average (62.4%)
59.4% - Lg Logistics Ltd
62.4% - Industry AVG
LG LOGISTICS LTD financials
Lg Logistics Ltd's latest turnover from May 2023 is estimated at £414.9 thousand and the company has net assets of £88.4 thousand. According to their latest financial statements, Lg Logistics Ltd has 5 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 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 | 5 | 5 | 4 | 3 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 152,615 | 130,743 | 111,678 | 66,094 | 34,493 |
| 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 | 152,615 | 130,743 | 111,678 | 66,094 | 34,493 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 64,944 | 149,460 | 83,253 | 43,646 | 29,327 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 64,944 | 149,460 | 83,253 | 43,646 | 29,327 |
| total assets | 217,559 | 280,203 | 194,931 | 109,740 | 63,820 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 76,582 | 55,861 | 95,760 | 84,904 | 79,865 |
| 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 | 76,582 | 55,861 | 95,760 | 84,904 | 79,865 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 12,588 | 0 | 0 | 0 | 0 |
| other liabilities | 39,989 | 76,223 | 41,667 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 52,577 | 76,223 | 41,667 | 0 | 0 |
| total liabilities | 129,159 | 132,084 | 137,427 | 84,904 | 79,865 |
| net assets | 88,400 | 148,119 | 57,504 | 24,836 | -16,045 |
| total shareholders funds | 88,400 | 148,119 | 57,504 | 24,836 | -16,045 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | |||||
| Amortisation | |||||
| Tax | |||||
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | -84,516 | 66,207 | 39,607 | 14,319 | 29,327 |
| Creditors | 20,721 | -39,899 | 10,856 | 5,039 | 79,865 |
| Accruals and Deferred Income | 12,588 | 0 | 0 | 0 | 0 |
| 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 | -36,234 | 34,556 | 41,667 | 0 | 0 |
| 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 |
lg logistics ltd Credit Report and Business Information
Lg Logistics Ltd Competitor Analysis
Perform a competitor analysis for lg logistics ltd by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other micro companies, companies in LE3 area or any other competitors across 12 key performance metrics.
lg logistics ltd Ownership
LG LOGISTICS LTD group structure
Lg Logistics Ltd has no subsidiary companies.
Ultimate parent company
LG LOGISTICS LTD
11405563
lg logistics ltd directors
Lg Logistics Ltd currently has 2 directors. The longest serving directors include Mr Lakhvir Cheema (Jun 2018) and Mrs Satinder Cheema (Feb 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Lakhvir Cheema | England | 48 years | Jun 2018 | - | Director |
| Mrs Satinder Cheema | England | 45 years | Feb 2023 | - | Director |
P&L
May 2023turnover
414.8k
-22%
operating profit
-59.7k
0%
gross margin
14.5%
+2.12%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
88.4k
-0.4%
total assets
217.6k
-0.22%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
lg logistics ltd company details
company number
11405563
Type
Private limited with Share Capital
industry
49410 - Freight transport by road
incorporation date
June 2018
age
6
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
May 2023
previous names
N/A
accountant
-
auditor
-
address
60 hinckley road, leicester, LE3 0RB
Bank
-
Legal Advisor
-
lg logistics 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 lg logistics ltd.
lg logistics ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
