l.t property lettings ltd
l.t property lettings ltd Company Information
Company Number
11530347
Next Accounts
May 2025
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Shareholders
stuart marsh
teresa marsh
View AllGroup Structure
View All
Contact
Registered Address
the warehouse canal street, retford, nottinghamshire, DN22 6EZ
Website
ltpropertylettings.coml.t property lettings ltd Estimated Valuation
Pomanda estimates the enterprise value of L.T PROPERTY LETTINGS LTD at £771.6k based on a Turnover of £328.4k and 2.35x industry multiple (adjusted for size and gross margin).
l.t property lettings ltd Estimated Valuation
Pomanda estimates the enterprise value of L.T PROPERTY LETTINGS LTD at £19.3k based on an EBITDA of £3.9k and a 4.98x industry multiple (adjusted for size and gross margin).
l.t property lettings ltd Estimated Valuation
Pomanda estimates the enterprise value of L.T PROPERTY LETTINGS LTD at £0 based on Net Assets of £-32.3k and 1.58x industry multiple (adjusted for liquidity).
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L.t Property Lettings Ltd Overview
L.t Property Lettings Ltd is a live company located in nottinghamshire, DN22 6EZ with a Companies House number of 11530347. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in August 2018, it's largest shareholder is stuart marsh with a 51% stake. L.t Property Lettings Ltd is a young, micro sized company, Pomanda has estimated its turnover at £328.4k with rapid growth in recent years.
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L.t Property Lettings Ltd Health Check
Pomanda's financial health check has awarded L.T Property Lettings Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
6 Weak
Size
annual sales of £328.4k, make it smaller than the average company (£830.2k)
- L.t Property Lettings Ltd
£830.2k - Industry AVG
Growth
3 year (CAGR) sales growth of 77%, show it is growing at a faster rate (2.6%)
- L.t Property Lettings Ltd
2.6% - Industry AVG
Production
with a gross margin of 30.5%, this company has a higher cost of product (73.6%)
- L.t Property Lettings Ltd
73.6% - Industry AVG
Profitability
an operating margin of 1.2% make it less profitable than the average company (28.2%)
- L.t Property Lettings Ltd
28.2% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
- L.t Property Lettings Ltd
4 - Industry AVG
Pay Structure
on an average salary of £31k, the company has an equivalent pay structure (£31k)
- L.t Property Lettings Ltd
£31k - Industry AVG
Efficiency
resulting in sales per employee of £328.4k, this is more efficient (£180.2k)
- L.t Property Lettings Ltd
£180.2k - Industry AVG
Debtor Days
it gets paid by customers after 66 days, this is later than average (32 days)
- L.t Property Lettings Ltd
32 days - Industry AVG
Creditor Days
its suppliers are paid after 683 days, this is slower than average (35 days)
- L.t Property Lettings Ltd
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- L.t Property Lettings Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - L.t Property Lettings Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 104.1%, this is a higher level of debt than the average (68.3%)
104.1% - L.t Property Lettings Ltd
68.3% - Industry AVG
L.T PROPERTY LETTINGS LTD financials
L.T Property Lettings Ltd's latest turnover from August 2023 is estimated at £328.4 thousand and the company has net assets of -£32.3 thousand. According to their latest financial statements, we estimate that L.T Property Lettings Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 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
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 724,780 | 690,365 | 642,702 | 409,210 | 394,650 |
| 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 | 724,780 | 690,365 | 642,702 | 409,210 | 394,650 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 59,879 | 98,075 | 6,268 | 4,963 | 0 |
| 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 | 59,879 | 98,075 | 6,268 | 4,963 | 0 |
| total assets | 784,659 | 788,440 | 648,970 | 414,173 | 394,650 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 427,407 | 424,593 | 358,041 | 105,321 | 483,030 |
| 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 | 427,407 | 424,593 | 358,041 | 105,321 | 483,030 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 600 | 600 | 600 | 600 | 600 |
| other liabilities | 388,935 | 398,429 | 386,095 | 392,107 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 389,535 | 399,029 | 386,695 | 392,707 | 600 |
| total liabilities | 816,942 | 823,622 | 744,736 | 498,028 | 483,630 |
| net assets | -32,283 | -35,182 | -95,766 | -83,855 | -88,980 |
| total shareholders funds | -32,283 | -35,182 | -95,766 | -83,855 | -88,980 |
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | |||||
| Amortisation | |||||
| Tax | |||||
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | -38,196 | 91,807 | 1,305 | 4,963 | 0 |
| Creditors | 2,814 | 66,552 | 252,720 | -377,709 | 483,030 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 600 |
| 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 | -9,494 | 12,334 | -6,012 | 392,107 | 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 |
l.t property lettings ltd Credit Report and Business Information
L.t Property Lettings Ltd Competitor Analysis
Perform a competitor analysis for l.t property lettings ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in DN22 area or any other competitors across 12 key performance metrics.
l.t property lettings ltd Ownership
L.T PROPERTY LETTINGS LTD group structure
L.T Property Lettings Ltd has no subsidiary companies.
Ultimate parent company
L.T PROPERTY LETTINGS LTD
11530347
l.t property lettings ltd directors
L.T Property Lettings Ltd currently has 3 directors. The longest serving directors include Mrs Teresa Marsh (Aug 2018) and Mr Stuart Marsh (Aug 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Teresa Marsh | United Kingdom | 58 years | Aug 2018 | - | Director |
| Mr Stuart Marsh | United Kingdom | 60 years | Aug 2018 | - | Director |
| Mr Liam Marsh | United Kingdom | 24 years | May 2021 | - | Director |
P&L
August 2023turnover
328.4k
-30%
operating profit
3.9k
0%
gross margin
30.5%
+7.88%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
-32.3k
-0.08%
total assets
784.7k
0%
cash
0
0%
net assets
Total assets minus all liabilities
l.t property lettings ltd company details
company number
11530347
Type
Private limited with Share Capital
industry
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
August 2018
age
6
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
August 2023
previous names
N/A
accountant
-
auditor
-
address
the warehouse canal street, retford, nottinghamshire, DN22 6EZ
Bank
-
Legal Advisor
-
l.t property lettings 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 11 charges/mortgages relating to l.t property lettings ltd. Currently there are 9 open charges and 2 have been satisfied in the past.
l.t property lettings ltd Companies House Filings - See Documents
| date | description | view/download |
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