l b corporation limited
l b corporation limited Company Information
Company Number
11750099
Website
-Registered Address
73 cornhill, london, EC3V 3QQ
Industry
Holiday centres and villages
Telephone
-
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
susan walker 100%
l b corporation limited Estimated Valuation
Pomanda estimates the enterprise value of L B CORPORATION LIMITED at £1.1m based on a Turnover of £1.1m and 1.01x industry multiple (adjusted for size and gross margin).
l b corporation limited Estimated Valuation
Pomanda estimates the enterprise value of L B CORPORATION LIMITED at £0 based on an EBITDA of £-134.2k and a 8.3x industry multiple (adjusted for size and gross margin).
l b corporation limited Estimated Valuation
Pomanda estimates the enterprise value of L B CORPORATION LIMITED at £0 based on Net Assets of £-703.9k and 1.89x industry multiple (adjusted for liquidity).
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L B Corporation Limited Overview
L B Corporation Limited is a live company located in london, EC3V 3QQ with a Companies House number of 11750099. It operates in the holiday centres and villages sector, SIC Code 55201. Founded in January 2019, it's largest shareholder is susan walker with a 100% stake. L B Corporation Limited is a young, small sized company, Pomanda has estimated its turnover at £1.1m with declining growth in recent years.
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L B Corporation Limited Health Check
Pomanda's financial health check has awarded L B Corporation Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
8 Weak
Size
annual sales of £1.1m, make it smaller than the average company (£7.6m)
- L B Corporation Limited
£7.6m - Industry AVG
Growth
3 year (CAGR) sales growth of -46%, show it is growing at a slower rate (7.7%)
- L B Corporation Limited
7.7% - Industry AVG
Production
with a gross margin of 64.3%, this company has a comparable cost of product (64.3%)
- L B Corporation Limited
64.3% - Industry AVG
Profitability
an operating margin of -20.8% make it less profitable than the average company (16.7%)
- L B Corporation Limited
16.7% - Industry AVG
Employees
with 15 employees, this is below the industry average (70)
15 - L B Corporation Limited
70 - Industry AVG
Pay Structure
on an average salary of £20.7k, the company has an equivalent pay structure (£20.7k)
- L B Corporation Limited
£20.7k - Industry AVG
Efficiency
resulting in sales per employee of £74.6k, this is less efficient (£100.1k)
- L B Corporation Limited
£100.1k - Industry AVG
Debtor Days
it gets paid by customers after 5 days, this is earlier than average (10 days)
- L B Corporation Limited
10 days - Industry AVG
Creditor Days
its suppliers are paid after 22 days, this is quicker than average (72 days)
- L B Corporation Limited
72 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- L B Corporation Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (5 weeks)
2 weeks - L B Corporation Limited
5 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 120%, this is a higher level of debt than the average (55.8%)
120% - L B Corporation Limited
55.8% - Industry AVG
L B CORPORATION LIMITED financials
L B Corporation Limited's latest turnover from March 2023 is estimated at £1.1 million and the company has net assets of -£703.9 thousand. According to their latest financial statements, L B Corporation Limited has 15 employees and maintains cash reserves of £113.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 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 | 15 | 13 | 8 | 8 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 3,298,841 | 3,337,643 | 3,309,020 | 2,953,553 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 10 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 3,298,841 | 3,337,643 | 3,309,020 | 2,953,553 | 10 |
| Stock & work in progress | 0 | 0 | 160,061 | 617,462 | 0 |
| Trade Debtors | 15,367 | 10,000 | 82,000 | 482,600 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 82,222 | 17,813 | 33,244 | 40,970 | 0 |
| Cash | 113,897 | 9,756 | 1,808 | 4,303 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 211,486 | 37,569 | 277,113 | 1,145,335 | 0 |
| total assets | 3,510,327 | 3,375,212 | 3,586,133 | 4,098,888 | 10 |
| Bank overdraft | 498,250 | 439,120 | 358,317 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 24,444 | 18,748 | 178,252 | 520,325 | 0 |
| 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 | 2,307,301 | 1,812,570 | 1,718,847 | 987,120 | 0 |
| total current liabilities | 2,829,995 | 2,270,438 | 2,255,416 | 1,507,445 | 0 |
| loans | 1,384,259 | 1,388,759 | 1,390,833 | 2,760,000 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 1,384,259 | 1,388,759 | 1,390,833 | 2,760,000 | 0 |
| total liabilities | 4,214,254 | 3,659,197 | 3,646,249 | 4,267,445 | 0 |
| net assets | -703,927 | -283,985 | -60,116 | -168,557 | 10 |
| total shareholders funds | -703,927 | -283,985 | -60,116 | -168,557 | 10 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 98,188 | 97,862 | 85,248 | 63,174 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||
| Stock | 0 | -160,061 | -457,401 | 617,462 | 0 |
| Debtors | 69,776 | -87,431 | -408,326 | 523,570 | 0 |
| Creditors | 5,696 | -159,504 | -342,073 | 520,325 | 0 |
| Accruals and Deferred Income | 494,731 | 93,723 | 731,727 | 987,120 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | -10 | 10 |
| 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 | -4,500 | -2,074 | -1,369,167 | 2,760,000 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 104,141 | 7,948 | -2,495 | 4,303 | 0 |
| overdraft | 59,130 | 80,803 | 358,317 | 0 | 0 |
| change in cash | 45,011 | -72,855 | -360,812 | 4,303 | 0 |
l b corporation limited Credit Report and Business Information
L B Corporation Limited Competitor Analysis
Perform a competitor analysis for l b corporation limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in EC3V area or any other competitors across 12 key performance metrics.
l b corporation limited Ownership
L B CORPORATION LIMITED group structure
L B Corporation Limited has no subsidiary companies.
Ultimate parent company
L B CORPORATION LIMITED
11750099
l b corporation limited directors
L B Corporation Limited currently has 2 directors. The longest serving directors include Mrs Susan Walker (Jan 2019) and Mrs Lucy James (May 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Susan Walker | England | 75 years | Jan 2019 | - | Director |
| Mrs Lucy James | United Kingdom | 38 years | May 2022 | - | Director |
P&L
March 2023turnover
1.1m
+37%
operating profit
-232.4k
0%
gross margin
64.3%
+0.99%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-703.9k
+1.48%
total assets
3.5m
+0.04%
cash
113.9k
+10.67%
net assets
Total assets minus all liabilities
l b corporation limited company details
company number
11750099
Type
Private limited with Share Capital
industry
55201 - Holiday centres and villages
incorporation date
January 2019
age
5
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
-
address
73 cornhill, london, EC3V 3QQ
Bank
-
Legal Advisor
-
l b corporation 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 l b corporation limited.
l b corporation limited Companies House Filings - See Documents
| date | description | view/download |
|---|
