lomo topco limited
lomo topco limited Company Information
Company Number
11544292
Next Accounts
111 days late
Industry
Other business support service activities n.e.c.
Shareholders
investec investments (uk) limited
sc lowy primary investments limited
View AllGroup Structure
View All
Contact
Registered Address
2 & 3 threadneedle walk, 2&3 threadneedle walk, london, EC2R 8HP
Website
investec.comlomo topco limited Estimated Valuation
Pomanda estimates the enterprise value of LOMO TOPCO LIMITED at £95.1m based on a Turnover of £73.5m and 1.29x industry multiple (adjusted for size and gross margin).
lomo topco limited Estimated Valuation
Pomanda estimates the enterprise value of LOMO TOPCO LIMITED at £79.6m based on an EBITDA of £8.7m and a 9.2x industry multiple (adjusted for size and gross margin).
lomo topco limited Estimated Valuation
Pomanda estimates the enterprise value of LOMO TOPCO LIMITED at £0 based on Net Assets of £-3.5m and 2.37x industry multiple (adjusted for liquidity).
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Lomo Topco Limited Overview
Lomo Topco Limited is a live company located in london, EC2R 8HP with a Companies House number of 11544292. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in August 2018, it's largest shareholder is investec investments (uk) limited with a 49.9% stake. Lomo Topco Limited is a young, large sized company, Pomanda has estimated its turnover at £73.5m with rapid growth in recent years.
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Lomo Topco Limited Health Check
Pomanda's financial health check has awarded Lomo Topco Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 4 areas for improvement. Company Health Check FAQs
7 Strong
1 Regular
4 Weak
Size
annual sales of £73.5m, make it larger than the average company (£3.5m)
£73.5m - Lomo Topco Limited
£3.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 35%, show it is growing at a faster rate (3.7%)
35% - Lomo Topco Limited
3.7% - Industry AVG
Production
with a gross margin of 43.6%, this company has a comparable cost of product (38.7%)
43.6% - Lomo Topco Limited
38.7% - Industry AVG
Profitability
an operating margin of 1.2% make it less profitable than the average company (6.5%)
1.2% - Lomo Topco Limited
6.5% - Industry AVG
Employees
with 1053 employees, this is above the industry average (22)
1053 - Lomo Topco Limited
22 - Industry AVG
Pay Structure
on an average salary of £26.2k, the company has a lower pay structure (£47.4k)
£26.2k - Lomo Topco Limited
£47.4k - Industry AVG
Efficiency
resulting in sales per employee of £69.8k, this is less efficient (£149.5k)
£69.8k - Lomo Topco Limited
£149.5k - Industry AVG
Debtor Days
it gets paid by customers after 10 days, this is earlier than average (42 days)
10 days - Lomo Topco Limited
42 days - Industry AVG
Creditor Days
its suppliers are paid after 47 days, this is slower than average (34 days)
47 days - Lomo Topco Limited
34 days - Industry AVG
Stock Days
it holds stock equivalent to 18 days, this is less than average (32 days)
18 days - Lomo Topco Limited
32 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (25 weeks)
3 weeks - Lomo Topco Limited
25 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 105.7%, this is a higher level of debt than the average (62.4%)
105.7% - Lomo Topco Limited
62.4% - Industry AVG
LOMO TOPCO LIMITED financials
Lomo Topco Limited's latest turnover from January 2023 is £73.5 million and the company has net assets of -£3.5 million. According to their latest financial statements, Lomo Topco Limited has 1,053 employees and maintains cash reserves of £2.9 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2023 | Jan 2022 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|
| Turnover | 73,472,000 | 53,052,000 | 29,649,000 | 67,251,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 |
| Cost Of Sales | 41,450,000 | 29,979,000 | 22,475,000 | 35,579,000 |
| Gross Profit | 32,022,000 | 23,073,000 | 7,174,000 | 31,672,000 |
| Admin Expenses | 31,136,000 | 19,342,000 | 15,702,000 | 31,995,000 |
| Operating Profit | 886,000 | 3,731,000 | -8,528,000 | -323,000 |
| Interest Payable | 3,170,000 | 3,041,000 | 2,996,000 | 3,076,000 |
| Interest Receivable | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | -2,284,000 | 690,000 | -11,524,000 | -3,399,000 |
| Tax | -14,000 | 134,000 | 26,000 | -701,000 |
| Profit After Tax | -2,298,000 | 824,000 | -11,498,000 | -4,100,000 |
| Dividends Paid | 0 | 0 | 0 | 0 |
| Retained Profit | -2,298,000 | 824,000 | -11,498,000 | -4,100,000 |
| Employee Costs | 27,639,000 | 18,816,000 | 18,168,000 | 23,313,000 |
| Number Of Employees | 1,053 | 818 | 868 | 880 |
| EBITDA* | 8,653,000 | 9,816,000 | -2,366,000 | 6,463,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2023 | Jan 2022 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|
| Tangible Assets | 30,109,000 | 23,046,000 | 22,139,000 | 22,871,000 |
| Intangible Assets | 16,638,000 | 19,729,000 | 22,530,000 | 25,236,000 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 46,747,000 | 42,775,000 | 44,669,000 | 48,107,000 |
| Stock & work in progress | 2,106,000 | 1,581,000 | 1,121,000 | 1,524,000 |
| Trade Debtors | 2,184,000 | 1,730,000 | 291,000 | 2,003,000 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 5,430,000 | 6,139,000 | 3,196,000 | 3,547,000 |
| Cash | 2,910,000 | 7,993,000 | 3,487,000 | 4,058,000 |
| misc current assets | 1,189,000 | 0 | 0 | 0 |
| total current assets | 13,819,000 | 17,443,000 | 8,095,000 | 11,132,000 |
| total assets | 60,566,000 | 60,218,000 | 52,764,000 | 59,239,000 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 554,000 | 421,000 | 480,000 | 416,000 |
| Trade Creditors | 5,370,000 | 6,888,000 | 4,656,000 | 4,087,000 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| other short term finances | 25,134,000 | 21,123,000 | 103,000 | 96,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 16,108,000 | 17,210,000 | 9,817,000 | 10,405,000 |
| total current liabilities | 47,166,000 | 45,642,000 | 15,056,000 | 15,004,000 |
| loans | 16,872,000 | 15,750,000 | 39,706,000 | 34,735,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 |
| total long term liabilities | 16,872,000 | 15,750,000 | 39,706,000 | 34,735,000 |
| total liabilities | 64,038,000 | 61,392,000 | 54,762,000 | 49,739,000 |
| net assets | -3,472,000 | -1,174,000 | -1,998,000 | 9,500,000 |
| total shareholders funds | -3,472,000 | -1,174,000 | -1,998,000 | 9,500,000 |
| Jan 2023 | Jan 2022 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | 886,000 | 3,731,000 | -8,528,000 | -323,000 |
| Depreciation | 5,057,000 | 3,284,000 | 3,456,000 | 3,862,000 |
| Amortisation | 2,710,000 | 2,801,000 | 2,706,000 | 2,924,000 |
| Tax | -14,000 | 134,000 | 26,000 | -701,000 |
| Stock | 525,000 | 1,581,000 | -403,000 | 1,524,000 |
| Debtors | -255,000 | 7,869,000 | -2,063,000 | 5,550,000 |
| Creditors | -1,518,000 | 6,888,000 | 569,000 | 4,087,000 |
| Accruals and Deferred Income | -1,102,000 | 17,210,000 | -588,000 | 10,405,000 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 |
| Cash flow from operations | 5,749,000 | 24,598,000 | 107,000 | 13,180,000 |
| Investing Activities | ||||
| capital expenditure | 0 | 0 | 0 | 0 |
| Change in Investments | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | 0 |
| Financing Activities | ||||
| Bank loans | 133,000 | 421,000 | 64,000 | 416,000 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 4,011,000 | 21,123,000 | 7,000 | 96,000 |
| Long term loans | 1,122,000 | 15,750,000 | 4,971,000 | 34,735,000 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 |
| share issue | ||||
| interest | -3,170,000 | -3,041,000 | -2,996,000 | -3,076,000 |
| cash flow from financing | 2,096,000 | 32,255,000 | 2,046,000 | 45,771,000 |
| cash and cash equivalents | ||||
| cash | -5,083,000 | 7,993,000 | -571,000 | 4,058,000 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | -5,083,000 | 7,993,000 | -571,000 | 4,058,000 |
lomo topco limited Credit Report and Business Information
Lomo Topco Limited Competitor Analysis
Perform a competitor analysis for lomo topco limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other large companies, companies in EC2R area or any other competitors across 12 key performance metrics.
lomo topco limited Ownership
LOMO TOPCO LIMITED group structure
Lomo Topco Limited has 1 subsidiary company.
lomo topco limited directors
Lomo Topco Limited currently has 7 directors. The longest serving directors include Miss Victoria Hart (Aug 2018) and Mr Steve Torr (Aug 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Miss Victoria Hart | United Kingdom | 50 years | Aug 2018 | - | Director |
| Mr Steve Torr | United Kingdom | 50 years | Aug 2018 | - | Director |
| Mr Gregory Betz | United Kingdom | 44 years | Dec 2018 | - | Director |
| Mr Ross Butler | United Kingdom | 43 years | Jul 2019 | - | Director |
| Mr Stephen Cramer | 59 years | Oct 2021 | - | Director | |
| Mr Michel Lowy | United Kingdom | 54 years | Feb 2024 | - | Director |
| Mr David Campbell | United Kingdom | 65 years | May 2024 | - | Director |
P&L
January 2023turnover
73.5m
+38%
operating profit
886k
-76%
gross margin
43.6%
+0.21%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2023net assets
-3.5m
+1.96%
total assets
60.6m
+0.01%
cash
2.9m
-0.64%
net assets
Total assets minus all liabilities
Similar Companies
lomo topco limited company details
company number
11544292
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
August 2018
age
7
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
January 2023
previous names
N/A
accountant
-
auditor
ERNST & YOUNG LLP
address
2 & 3 threadneedle walk, 2&3 threadneedle walk, london, EC2R 8HP
Bank
BARCLAYS BANK PLC
Legal Advisor
HOGAN LOVELLS
lomo topco limited 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 2 charges/mortgages relating to lomo topco limited. Currently there are 1 open charges and 1 have been satisfied in the past.
lomo topco limited 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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lomo topco limited Companies House Filings - See Documents
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