Pomanda estimates the enterprise value of LABTECH INDUSTRIES LTD at £747.2k based on a Turnover of £1.2m and 0.63x industry multiple (adjusted for size and gross margin).
labtech industries ltdEstimated Valuation
£200.6k
Pomanda estimates the enterprise value of LABTECH INDUSTRIES LTD at £200.6k based on an EBITDA of £53.5k and a 3.75x industry multiple (adjusted for size and gross margin).
labtech industries ltdEstimated Valuation
£321k
Pomanda estimates the enterprise value of LABTECH INDUSTRIES LTD at £321k based on Net Assets of £146.2k and 2.2x industry multiple (adjusted for liquidity).
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Labtech Industries LtdOverview
Labtech Industries Ltd is a live company located in leicester, LE8 9EQ with a Companies House number of 11855825. It operates in the manufacture of medical and dental instruments and supplies sector, SIC Code 32500. Founded in March 2019, it's largest shareholder is
jasdeep singh johal
with a 33.3% stake. Labtech Industries Ltd is a young,
small sized company, Pomanda has estimated its turnover at
£1.2m with
high
growth in recent years.
Pomanda's financial health check has awarded Labtech Industries Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
2 Strong
2 Regular
6 Weak
Size
annual sales of £1.2m, make it smaller than the average company (£8.8m)
£1.2m - Labtech Industries Ltd
£8.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 19%, show it is growing at a faster rate (6.3%)
19% - Labtech Industries Ltd
6.3% - Industry AVG
Production
with a gross margin of 34.5%, this company has a higher cost of product (43.6%)
34.5% - Labtech Industries Ltd
43.6% - Industry AVG
Profitability
an operating margin of 4.5% make it less profitable than the average company (7.4%)
4.5% - Labtech Industries Ltd
7.4% - Industry AVG
Employees
with 13 employees, this is below the industry average (52)
13 - Labtech Industries Ltd
52 - Industry AVG
Pay Structure
on an average salary of £35.6k, the company has an equivalent pay structure (£35.6k)
£35.6k - Labtech Industries Ltd
£35.6k - Industry AVG
Efficiency
resulting in sales per employee of £90.9k, this is less efficient (£131k)
£90.9k - Labtech Industries Ltd
£131k - Industry AVG
Debtor Days
it gets paid by customers after 58 days, this is later than average (29 days)
58 days - Labtech Industries Ltd
29 days - Industry AVG
Creditor Days
its suppliers are paid after 46 days, this is slower than average (30 days)
46 days - Labtech Industries Ltd
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Labtech Industries Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Labtech Industries Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 47.8%, this is a similar level of debt than the average (45.8%)
47.8% - Labtech Industries Ltd
45.8% - Industry AVG
LABTECH INDUSTRIES LTD financials
EXPORT
Labtech Industries Ltd's latest turnover from March 2024 is estimated at £1.2 million and the company has net assets of £146.2 thousand. According to their latest financial statements, Labtech Industries Ltd has 13 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Turnover
1,181,762
839,939
663,896
694,922
395,445
Other Income Or Grants
Cost Of Sales
773,634
547,597
435,494
455,279
254,574
Gross Profit
408,129
292,342
228,402
239,643
140,871
Admin Expenses
354,593
224,982
196,616
202,371
145,347
Operating Profit
53,536
67,360
31,786
37,272
-4,476
Interest Payable
Interest Receivable
Pre-Tax Profit
53,536
67,360
31,786
37,272
-4,476
Tax
-13,384
-12,798
-6,039
-7,082
Profit After Tax
40,152
54,562
25,747
30,190
-4,476
Dividends Paid
Retained Profit
40,152
54,562
25,747
30,190
-4,476
Employee Costs
462,386
340,516
288,555
355,079
308,851
Number Of Employees
13
10
9
11
10
EBITDA*
53,536
67,360
31,786
37,272
-4,476
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Tangible Assets
87,212
120,183
97,802
120,593
123,125
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
87,212
120,183
97,802
120,593
123,125
Stock & work in progress
Trade Debtors
189,855
127,197
93,437
79,269
8,288
Group Debtors
Misc Debtors
2,783
391
217
240
Cash
misc current assets
total current assets
192,638
127,588
93,654
79,509
8,288
total assets
279,850
247,771
191,456
200,102
131,413
Bank overdraft
Bank loan
Trade Creditors
97,757
90,419
95,448
169,588
133,489
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
97,757
90,419
95,448
169,588
133,489
loans
hp & lease commitments
Accruals and Deferred Income
3,300
3,024
2,880
4,800
2,400
other liabilities
32,618
48,305
41,667
provisions
total long term liabilities
35,918
51,329
44,547
4,800
2,400
total liabilities
133,675
141,748
139,995
174,388
135,889
net assets
146,175
106,023
51,461
25,714
-4,476
total shareholders funds
146,175
106,023
51,461
25,714
-4,476
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Operating Activities
Operating Profit
53,536
67,360
31,786
37,272
-4,476
Depreciation
Amortisation
Tax
-13,384
-12,798
-6,039
-7,082
Stock
Debtors
65,050
33,934
14,145
71,221
8,288
Creditors
7,338
-5,029
-74,140
36,099
133,489
Accruals and Deferred Income
276
144
-1,920
2,400
2,400
Deferred Taxes & Provisions
Cash flow from operations
-17,284
15,743
-64,458
-2,532
123,125
Investing Activities
capital expenditure
32,971
-22,381
22,791
2,532
-123,125
Change in Investments
cash flow from investments
32,971
-22,381
22,791
2,532
-123,125
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-15,687
6,638
41,667
share issue
interest
cash flow from financing
-15,687
6,638
41,667
cash and cash equivalents
cash
overdraft
change in cash
labtech industries ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for labtech industries ltd. Get real-time insights into labtech industries ltd's credit score, group structure and payment trends.
Perform a competitor analysis for labtech industries ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in LE8 area or any other competitors across 12 key performance metrics.
labtech industries ltd Ownership
LABTECH INDUSTRIES LTD group structure
Labtech Industries Ltd has no subsidiary companies.
Ultimate parent company
LABTECH INDUSTRIES LTD
11855825
LABTECH INDUSTRIES LTD Shareholders
The largest shareholders in Labtech Industries Ltd include Jasdeep Singh Johal and Akash Bhatt.
jasdeep singh johal
33.33%
akash bhatt
33.33%
jeetpal panesar
33.33%
labtech industries ltd directors
Labtech Industries Ltd currently has 3 directors.
The longest serving directors include
Mr Akash Bhatt (Mar 2019) and
Dr Jeetpal Panesar (Mar 2019).
32500 - Manufacture of medical and dental instruments and supplies
86230 - Dental practice activities
incorporation date
March 2019
age
6
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
7 the chase, great glen, leicester, LE8 9EQ
Bank
-
Legal Advisor
-
labtech industries 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 1 charges/mortgages relating to labtech industries ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
labtech industries ltd 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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labtech industries ltdCompanies House Filings - See Documents
