Pomanda estimates the enterprise value of LIFETIME ASSETS GROUP LTD at £125k based on a Turnover of £65.4k and 1.91x industry multiple (adjusted for size and gross margin).
lifetime assets group ltdEstimated Valuation
£245.6k
Pomanda estimates the enterprise value of LIFETIME ASSETS GROUP LTD at £245.6k based on an EBITDA of £58.5k and a 4.19x industry multiple (adjusted for size and gross margin).
lifetime assets group ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of LIFETIME ASSETS GROUP LTD at £0 based on Net Assets of £-200.7k and 1.64x industry multiple (adjusted for liquidity).
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Lifetime Assets Group LtdOverview
Lifetime Assets Group Ltd is a live company located in kent, BR5 2PQ with a Companies House number of 11976115. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in May 2019, it's largest shareholder is
barry roger jennings
with a 50% stake. Lifetime Assets Group Ltd is a young,
micro sized company, Pomanda has estimated its turnover at
£65.4k with
declining
growth in recent years.
Pomanda's financial health check has awarded Lifetime Assets Group Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
Health Rating2.5out of 5
2 Strong
1 Regular
7 Weak
Size
annual sales of £65.4k, make it smaller than the average company (£701k)
£65.4k - Lifetime Assets Group Ltd
£701k - Industry AVG
Growth
3 year (CAGR) sales growth of -8%, show it is growing at a slower rate (5.1%)
-8% - Lifetime Assets Group Ltd
5.1% - Industry AVG
Production
with a gross margin of 24.9%, this company has a higher cost of product (72.3%)
24.9% - Lifetime Assets Group Ltd
72.3% - Industry AVG
Profitability
an operating margin of 89.5% make it more profitable than the average company (20.2%)
89.5% - Lifetime Assets Group Ltd
20.2% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - Lifetime Assets Group Ltd
4 - Industry AVG
Pay Structure
on an average salary of £37.8k, the company has an equivalent pay structure (£37.8k)
£37.8k - Lifetime Assets Group Ltd
£37.8k - Industry AVG
Efficiency
resulting in sales per employee of £32.7k, this is less efficient (£158.4k)
£32.7k - Lifetime Assets Group Ltd
£158.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Lifetime Assets Group Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 7 days, this is quicker than average (33 days)
7 days - Lifetime Assets Group Ltd
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Lifetime Assets Group Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 513 weeks, this is more cash available to meet short term requirements (22 weeks)
513 weeks - Lifetime Assets Group Ltd
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 161.7%, this is a higher level of debt than the average (63.9%)
161.7% - Lifetime Assets Group Ltd
63.9% - Industry AVG
LIFETIME ASSETS GROUP LTD financials
EXPORT
Lifetime Assets Group Ltd's latest turnover from May 2024 is estimated at £65.4 thousand and the company has net assets of -£200.7 thousand. According to their latest financial statements, Lifetime Assets Group Ltd has 2 employees and maintains cash reserves of £10.2 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
May 2024
May 2023
May 2022
May 2021
May 2020
Turnover
65,386
61,983
30,365
83,329
124,480
Other Income Or Grants
Cost Of Sales
49,092
46,808
22,957
65,219
96,679
Gross Profit
16,293
15,175
7,407
18,110
27,801
Admin Expenses
-42,255
-3,726
146,106
71,887
27,678
Operating Profit
58,548
18,901
-138,699
-53,777
123
Interest Payable
59,084
27,573
Interest Receivable
536
230
Pre-Tax Profit
-8,442
-138,699
-53,777
123
Tax
-23
Profit After Tax
-8,442
-138,699
-53,777
100
Dividends Paid
Retained Profit
-8,442
-138,699
-53,777
100
Employee Costs
75,572
71,168
69,711
32,892
33,678
Number Of Employees
2
2
2
1
1
EBITDA*
58,548
18,901
-138,699
-53,777
123
* Earnings Before Interest, Tax, Depreciation and Amortisation
May 2024
May 2023
May 2022
May 2021
May 2020
Tangible Assets
315,299
315,299
321,734
328,300
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
315,299
315,299
321,734
328,300
Stock & work in progress
Trade Debtors
13
37,533
38,100
Group Debtors
Misc Debtors
Cash
10,212
10,212
misc current assets
total current assets
10,212
10,212
13
37,533
38,100
total assets
325,511
325,511
321,747
365,833
38,100
Bank overdraft
Bank loan
Trade Creditors
1,034
1,034
858
810
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
1,034
1,034
858
810
loans
525,195
525,195
hp & lease commitments
Accruals and Deferred Income
other liabilities
513,265
418,700
38,000
provisions
total long term liabilities
525,195
525,195
513,265
418,700
38,000
total liabilities
526,229
526,229
514,123
419,510
38,000
net assets
-200,718
-200,718
-192,376
-53,677
100
total shareholders funds
-200,718
-200,718
-192,376
-53,677
100
May 2024
May 2023
May 2022
May 2021
May 2020
Operating Activities
Operating Profit
58,548
18,901
-138,699
-53,777
123
Depreciation
Amortisation
Tax
-23
Stock
Debtors
-13
-37,520
-567
38,100
Creditors
176
48
810
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations
58,548
19,090
-101,131
-52,400
-38,000
Investing Activities
capital expenditure
6,435
6,566
-328,300
Change in Investments
cash flow from investments
6,435
6,566
-328,300
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
525,195
Hire Purchase and Lease Commitments
other long term liabilities
-513,265
94,565
380,700
38,000
share issue
100
interest
-58,548
-27,343
cash flow from financing
-58,548
-15,313
94,565
380,700
38,000
cash and cash equivalents
cash
10,212
overdraft
change in cash
10,212
lifetime assets group 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 lifetime assets group ltd. Get real-time insights into lifetime assets group ltd's credit score, group structure and payment trends.
Perform a competitor analysis for lifetime assets group ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in BR5 area or any other competitors across 12 key performance metrics.
lifetime assets group ltd Ownership
LIFETIME ASSETS GROUP LTD group structure
Lifetime Assets Group Ltd has no subsidiary companies.
Ultimate parent company
LIFETIME ASSETS GROUP LTD
11976115
LIFETIME ASSETS GROUP LTD Shareholders
The largest shareholders in Lifetime Assets Group Ltd include Barry Roger Jennings and Tasveer Shah.
barry roger jennings
50%
tasveer shah
50%
lifetime assets group ltd directors
Lifetime Assets Group Ltd currently has 2 directors.
The longest serving directors include
Mr Tasveer Shah (May 2019) and
Mr Barry Jennings (Feb 2024).
68320 - Management of real estate on a fee or contract basis
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
68100 - Buying and selling of own real estate
incorporation date
May 2019
age
6
incorporated
UK
ultimate parent company
None
accounts
Dormant
last accounts submitted
May 2024
previous names
N/A
accountant
WAZIRA & CO
auditor
-
address
68 sayes court road, orpington, kent, BR5 2PQ
Bank
-
Legal Advisor
-
lifetime assets group 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 2 charges/mortgages relating to lifetime assets group ltd. Currently there are 2 open charges and 0 have been satisfied in the past.
lifetime assets group 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.
Click to start generating capital raising & share issue transactions for LIFETIME ASSETS GROUP LTD. This can take several minutes, an email will notify you when this has completed.
lifetime assets group ltdCompanies House Filings - See Documents
