lm10 property ltd
lm10 property ltd Company Information
Company Number
12216374
Next Accounts
Oct 2025
Shareholders
mnk holdings ltd
Group Structure
View All
Industry
Buying and selling of own real estate
Registered Address
lakeside house 15 mariner court, wakefield, west yorkshire, WF4 3FL
Website
-lm10 property ltd Estimated Valuation
Pomanda estimates the enterprise value of LM10 PROPERTY LTD at £56.8k based on a Turnover of £19.2k and 2.96x industry multiple (adjusted for size and gross margin).
lm10 property ltd Estimated Valuation
Pomanda estimates the enterprise value of LM10 PROPERTY LTD at £60.5k based on an EBITDA of £9.7k and a 6.25x industry multiple (adjusted for size and gross margin).
lm10 property ltd Estimated Valuation
Pomanda estimates the enterprise value of LM10 PROPERTY LTD at £98.8k based on Net Assets of £61.7k and 1.6x industry multiple (adjusted for liquidity).
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Lm10 Property Ltd Overview
Lm10 Property Ltd is a live company located in west yorkshire, WF4 3FL with a Companies House number of 12216374. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in September 2019, it's largest shareholder is mnk holdings ltd with a 100% stake. Lm10 Property Ltd is a young, micro sized company, Pomanda has estimated its turnover at £19.2k with high growth in recent years.
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Lm10 Property Ltd Health Check
Pomanda's financial health check has awarded Lm10 Property Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
5 Weak
Size
annual sales of £19.2k, make it smaller than the average company (£813.6k)
£19.2k - Lm10 Property Ltd
£813.6k - Industry AVG
Growth
3 year (CAGR) sales growth of 19%, show it is growing at a faster rate (3%)
19% - Lm10 Property Ltd
3% - Industry AVG
Production
with a gross margin of 67.8%, this company has a comparable cost of product (67.8%)
67.8% - Lm10 Property Ltd
67.8% - Industry AVG
Profitability
an operating margin of 50.3% make it more profitable than the average company (25.2%)
50.3% - Lm10 Property Ltd
25.2% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - Lm10 Property Ltd
4 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- - Lm10 Property Ltd
- - Industry AVG
Efficiency
resulting in sales per employee of £9.6k, this is less efficient (£189.5k)
£9.6k - Lm10 Property Ltd
£189.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Lm10 Property Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Lm10 Property Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Lm10 Property Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (8 weeks)
0 weeks - Lm10 Property Ltd
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 91.2%, this is a higher level of debt than the average (64.1%)
91.2% - Lm10 Property Ltd
64.1% - Industry AVG
LM10 PROPERTY LTD financials
Lm10 Property Ltd's latest turnover from January 2024 is £19.2 thousand and the company has net assets of £61.7 thousand. According to their latest financial statements, Lm10 Property Ltd has 2 employees and maintains cash reserves of £6.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Apr 2020 | |
|---|---|---|---|---|---|
| Turnover | 19,235 | 17,400 | 17,400 | 11,480 | |
| Other Income Or Grants | |||||
| Cost Of Sales | |||||
| Gross Profit | |||||
| Admin Expenses | |||||
| Operating Profit | 9,674 | -2,843 | -2,740 | 2,665 | |
| Interest Payable | 2,642 | 3,278 | 2,441 | 1,630 | |
| Interest Receivable | 8,048 | 7,367 | 3,395 | 0 | |
| Pre-Tax Profit | 19,080 | -1,754 | 32,214 | 32,585 | |
| Tax | -4,498 | -3,421 | -6,460 | -6,191 | |
| Profit After Tax | 14,582 | -5,175 | 25,754 | 26,394 | |
| Dividends Paid | 0 | 0 | 0 | 0 | |
| Retained Profit | 14,582 | -5,175 | 25,754 | 26,394 | |
| Employee Costs | 0 | 0 | 7,681 | ||
| Number Of Employees | 2 | 2 | 3 | 2 | 1 |
| EBITDA* | 9,674 | -2,843 | -2,740 | 2,665 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Apr 2020 | |
|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 103,450 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 274,681 | 166,000 | 169,000 | 135,000 | 0 |
| Debtors (Due After 1 year) | 0 | 38,000 | 0 | 0 | 0 |
| Total Fixed Assets | 274,681 | 204,000 | 169,000 | 135,000 | 103,450 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 11,712 |
| Group Debtors | 0 | 0 | 20,100 | 100 | 0 |
| Misc Debtors | 418,662 | 391,674 | 369,191 | 240 | 0 |
| Cash | 6,609 | 4,961 | 681 | 9,962 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 425,271 | 396,635 | 389,972 | 10,302 | 11,712 |
| total assets | 699,952 | 600,635 | 558,972 | 145,302 | 115,162 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 37,146 |
| Group/Directors Accounts | 515,696 | 436,058 | 319,617 | 33,465 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 28,047 | 23,950 | 96,737 | 1,433 | 0 |
| total current liabilities | 543,743 | 460,008 | 416,354 | 34,898 | 37,146 |
| loans | 77,913 | 77,913 | 77,913 | 77,913 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 77,913 |
| provisions | 16,638 | 15,638 | 12,454 | 5,994 | 0 |
| total long term liabilities | 94,551 | 93,551 | 90,367 | 83,907 | 77,913 |
| total liabilities | 638,294 | 553,559 | 506,721 | 118,805 | 115,059 |
| net assets | 61,658 | 47,076 | 52,251 | 26,497 | 103 |
| total shareholders funds | 61,658 | 47,076 | 52,251 | 26,497 | 103 |
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Apr 2020 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | 9,674 | -2,843 | -2,740 | 2,665 | |
| Depreciation | 0 | 0 | 0 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | |
| Tax | -4,498 | -3,421 | -6,460 | -6,191 | |
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | -11,012 | 40,383 | 388,951 | -11,372 | 11,712 |
| Creditors | 0 | 0 | 0 | -37,146 | 37,146 |
| Accruals and Deferred Income | 4,097 | -72,787 | 95,304 | 1,433 | 0 |
| Deferred Taxes & Provisions | 1,000 | 3,184 | 6,460 | 5,994 | 0 |
| Cash flow from operations | 21,285 | -116,250 | -296,387 | -21,873 | |
| Investing Activities | |||||
| capital expenditure | 0 | 0 | 0 | ||
| Change in Investments | 108,681 | -3,000 | 34,000 | 135,000 | 0 |
| cash flow from investments | -108,681 | 3,000 | -34,000 | ||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 79,638 | 116,441 | 286,152 | 33,465 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 77,913 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | -77,913 | 77,913 |
| share issue | |||||
| interest | 5,406 | 4,089 | 954 | -1,630 | |
| cash flow from financing | 85,044 | 120,530 | 287,106 | 31,835 | |
| cash and cash equivalents | |||||
| cash | 1,648 | 4,280 | -9,281 | 9,962 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 1,648 | 4,280 | -9,281 | 9,962 | 0 |
lm10 property ltd Credit Report and Business Information
Lm10 Property Ltd Competitor Analysis
Perform a competitor analysis for lm10 property ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in WF4 area or any other competitors across 12 key performance metrics.
lm10 property ltd Ownership
LM10 PROPERTY LTD group structure
Lm10 Property Ltd has no subsidiary companies.
lm10 property ltd directors
Lm10 Property Ltd currently has 3 directors. The longest serving directors include Mr Nathan Hibbert (Sep 2019) and Mr Matthew Hibbert (Feb 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nathan Hibbert | England | 46 years | Sep 2019 | - | Director |
| Mr Matthew Hibbert | England | 43 years | Feb 2022 | - | Director |
| Mr Matthew Hibbert | England | 43 years | Feb 2022 | - | Director |
P&L
January 2024turnover
19.2k
+11%
operating profit
9.7k
-440%
gross margin
67.8%
-1.41%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2024net assets
61.7k
+0.31%
total assets
700k
+0.17%
cash
6.6k
+0.33%
net assets
Total assets minus all liabilities
Similar Companies
lm10 property ltd company details
company number
12216374
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
September 2019
age
6
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
January 2024
previous names
N/A
accountant
-
auditor
LAKEVIEW SOUTHERN AUDIT LIMITED
address
lakeside house 15 mariner court, wakefield, west yorkshire, WF4 3FL
Bank
-
Legal Advisor
-
lm10 property 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 lm10 property ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
lm10 property 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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lm10 property ltd Companies House Filings - See Documents
| date | description | view/download |
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