lockstone london limited
lockstone london limited Company Information
Company Number
11566240
Website
-Registered Address
20-22 wenlock road, london, N1 7GU
Industry
Wholesale of watches and jewellery
Telephone
-
Next Accounts Due
July 2025
Group Structure
View All
Directors
Sam Loxton4 Years
Shareholders
sam capel loxton 100%
lockstone london limited Estimated Valuation
Pomanda estimates the enterprise value of LOCKSTONE LONDON LIMITED at £1.5m based on a Turnover of £4.2m and 0.36x industry multiple (adjusted for size and gross margin).
lockstone london limited Estimated Valuation
Pomanda estimates the enterprise value of LOCKSTONE LONDON LIMITED at £626.2k based on an EBITDA of £190.7k and a 3.28x industry multiple (adjusted for size and gross margin).
lockstone london limited Estimated Valuation
Pomanda estimates the enterprise value of LOCKSTONE LONDON LIMITED at £1.6m based on Net Assets of £933.4k and 1.67x industry multiple (adjusted for liquidity).
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Lockstone London Limited Overview
Lockstone London Limited is a live company located in london, N1 7GU with a Companies House number of 11566240. It operates in the wholesale of watches and jewellery sector, SIC Code 46480. Founded in September 2018, it's largest shareholder is sam capel loxton with a 100% stake. Lockstone London Limited is a young, small sized company, Pomanda has estimated its turnover at £4.2m with rapid growth in recent years.
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Lockstone London Limited Health Check
Pomanda's financial health check has awarded Lockstone London Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
4 Weak
Size
annual sales of £4.2m, make it smaller than the average company (£11.7m)
- Lockstone London Limited
£11.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 65%, show it is growing at a faster rate (4.9%)
- Lockstone London Limited
4.9% - Industry AVG
Production
with a gross margin of 33.3%, this company has a comparable cost of product (33.3%)
- Lockstone London Limited
33.3% - Industry AVG
Profitability
an operating margin of 4.4% make it as profitable than the average company (3.8%)
- Lockstone London Limited
3.8% - Industry AVG
Employees
with 1 employees, this is below the industry average (36)
1 - Lockstone London Limited
36 - Industry AVG
Pay Structure
on an average salary of £45.7k, the company has an equivalent pay structure (£45.7k)
- Lockstone London Limited
£45.7k - Industry AVG
Efficiency
resulting in sales per employee of £4.2m, this is more efficient (£446.7k)
- Lockstone London Limited
£446.7k - Industry AVG
Debtor Days
it gets paid by customers after 49 days, this is later than average (23 days)
- Lockstone London Limited
23 days - Industry AVG
Creditor Days
its suppliers are paid after 50 days, this is slower than average (20 days)
- Lockstone London Limited
20 days - Industry AVG
Stock Days
it holds stock equivalent to 90 days, this is less than average (126 days)
- Lockstone London Limited
126 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 10 weeks, this is less cash available to meet short term requirements (17 weeks)
10 weeks - Lockstone London Limited
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 35.1%, this is a lower level of debt than the average (50.3%)
35.1% - Lockstone London Limited
50.3% - Industry AVG
LOCKSTONE LONDON LIMITED financials
Lockstone London Limited's latest turnover from October 2023 is estimated at £4.2 million and the company has net assets of £933.4 thousand. According to their latest financial statements, Lockstone London Limited has 1 employee and maintains cash reserves of £99.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 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 | 1 | 1 | 1 | 1 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 47,926 | 27,164 | 25,131 | 24,580 | 523 |
| 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 | 47,926 | 27,164 | 25,131 | 24,580 | 523 |
| Stock & work in progress | 699,107 | 766,146 | 534,965 | 366,645 | 0 |
| Trade Debtors | 572,446 | 274,665 | 205,242 | 114,748 | 76,480 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 19,970 | 23,289 | 62,379 | 27,378 | 11,986 |
| Cash | 99,724 | 202,767 | 491,013 | 163,031 | 512,618 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,391,247 | 1,266,867 | 1,293,599 | 671,802 | 601,084 |
| total assets | 1,439,173 | 1,294,031 | 1,318,730 | 696,382 | 601,607 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 387,418 | 367,157 | 522,288 | 245,585 | 385,070 |
| Group/Directors Accounts | 0 | 0 | 0 | 14,907 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 93,195 | 89,241 | 88,067 | 64,855 | 40,145 |
| total current liabilities | 480,613 | 456,398 | 610,355 | 325,347 | 425,215 |
| loans | 25,154 | 35,802 | 56,451 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 10,000 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 25,154 | 45,802 | 56,451 | 0 | 0 |
| total liabilities | 505,767 | 502,200 | 666,806 | 325,347 | 425,215 |
| net assets | 933,406 | 791,831 | 651,924 | 371,035 | 176,392 |
| total shareholders funds | 933,406 | 791,831 | 651,924 | 371,035 | 176,392 |
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 6,138 | 4,336 | 3,593 | 3,195 | 144 |
| Amortisation | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||
| Stock | -67,039 | 231,181 | 168,320 | 366,645 | 0 |
| Debtors | 294,462 | 30,333 | 125,495 | 53,660 | 88,466 |
| Creditors | 20,261 | -155,131 | 276,703 | -139,485 | 385,070 |
| Accruals and Deferred Income | 3,954 | 1,174 | 23,212 | 24,710 | 40,145 |
| 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 | -14,907 | 14,907 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -10,648 | -20,649 | 56,451 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -10,000 | 10,000 | 0 | 0 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | -103,043 | -288,246 | 327,982 | -349,587 | 512,618 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | -103,043 | -288,246 | 327,982 | -349,587 | 512,618 |
lockstone london limited Credit Report and Business Information
Lockstone London Limited Competitor Analysis
Perform a competitor analysis for lockstone london limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in N 1 area or any other competitors across 12 key performance metrics.
lockstone london limited Ownership
LOCKSTONE LONDON LIMITED group structure
Lockstone London Limited has no subsidiary companies.
Ultimate parent company
LOCKSTONE LONDON LIMITED
11566240
lockstone london limited directors
Lockstone London Limited currently has 1 director, Mr Sam Loxton serving since Nov 2019.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Sam Loxton | England | 45 years | Nov 2019 | - | Director |
P&L
October 2023turnover
4.2m
+109%
operating profit
184.6k
0%
gross margin
33.3%
+0.34%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
933.4k
+0.18%
total assets
1.4m
+0.11%
cash
99.7k
-0.51%
net assets
Total assets minus all liabilities
lockstone london limited company details
company number
11566240
Type
Private limited with Share Capital
industry
46480 - Wholesale of watches and jewellery
incorporation date
September 2018
age
6
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
October 2023
address
20-22 wenlock road, london, N1 7GU
accountant
INSIGHT BUSINESS SERVICES LIMITED
auditor
-
lockstone london 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 did not find charges/mortgages relating to lockstone london limited.
lockstone london limited Companies House Filings - See Documents
| date | description | view/download |
|---|
