letlife one limited
letlife one limited Company Information
Company Number
12267890
Next Accounts
2 days late
Shareholders
chartway living limited
Group Structure
View All
Industry
Buying and selling of own real estate
Registered Address
4 abbey wood road, kings hill, kent, ME19 4AB
Website
-letlife one limited Estimated Valuation
Pomanda estimates the enterprise value of LETLIFE ONE LIMITED at £4m based on a Turnover of £2.1m and 1.88x industry multiple (adjusted for size and gross margin).
letlife one limited Estimated Valuation
Pomanda estimates the enterprise value of LETLIFE ONE LIMITED at £843.2k based on an EBITDA of £211.9k and a 3.98x industry multiple (adjusted for size and gross margin).
letlife one limited Estimated Valuation
Pomanda estimates the enterprise value of LETLIFE ONE LIMITED at £46.8k based on Net Assets of £29.2k and 1.6x industry multiple (adjusted for liquidity).
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Letlife One Limited Overview
Letlife One Limited is a live company located in kent, ME19 4AB with a Companies House number of 12267890. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in October 2019, it's largest shareholder is chartway living limited with a 100% stake. Letlife One Limited is a young, small sized company, Pomanda has estimated its turnover at £2.1m with unknown growth in recent years.
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Letlife One Limited Health Check
Pomanda's financial health check has awarded Letlife One Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
3 Weak
Size
annual sales of £2.1m, make it larger than the average company (£842.8k)
£2.1m - Letlife One Limited
£842.8k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Letlife One Limited
- - Industry AVG
Production
with a gross margin of 15%, this company has a higher cost of product (68.9%)
15% - Letlife One Limited
68.9% - Industry AVG
Profitability
an operating margin of 10% make it less profitable than the average company (29.8%)
10% - Letlife One Limited
29.8% - Industry AVG
Employees
with 12 employees, this is above the industry average (4)
- Letlife One Limited
4 - Industry AVG
Pay Structure
on an average salary of £34.9k, the company has an equivalent pay structure (£34.9k)
- Letlife One Limited
£34.9k - Industry AVG
Efficiency
resulting in sales per employee of £177.1k, this is equally as efficient (£188.6k)
- Letlife One Limited
£188.6k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Letlife One Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (31 days)
0 days - Letlife One Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Letlife One Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 33 weeks, this is more cash available to meet short term requirements (9 weeks)
33 weeks - Letlife One Limited
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 13%, this is a lower level of debt than the average (64.6%)
13% - Letlife One Limited
64.6% - Industry AVG
LETLIFE ONE LIMITED financials
Letlife One Limited's latest turnover from May 2023 is £2.1 million and the company has net assets of £29.2 thousand. According to their latest financial statements, we estimate that Letlife One Limited has 12 employees and maintains cash reserves of £2.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | Mar 2021 | |
|---|---|---|---|
| Turnover | 2,125,575 | 62,923 | |
| Other Income Or Grants | |||
| Cost Of Sales | 1,807,210 | ||
| Gross Profit | 318,365 | ||
| Admin Expenses | 106,420 | ||
| Operating Profit | 211,945 | -50,539 | -4,546 |
| Interest Payable | 82,908 | 44,714 | |
| Interest Receivable | |||
| Pre-Tax Profit | 129,037 | -95,253 | -4,546 |
| Tax | |||
| Profit After Tax | 129,037 | -95,253 | -4,546 |
| Dividends Paid | |||
| Retained Profit | 129,037 | -95,253 | -4,546 |
| Employee Costs | |||
| Number Of Employees | 6 | ||
| EBITDA* | 211,945 | -50,539 | -4,546 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | Mar 2021 | |
|---|---|---|---|
| Tangible Assets | |||
| Intangible Assets | |||
| Investments & Other | |||
| Debtors (Due After 1 year) | 30,001 | ||
| Total Fixed Assets | 30,001 | ||
| Stock & work in progress | 1,913,504 | 1,205,216 | |
| Trade Debtors | 5,912 | ||
| Group Debtors | 473,545 | ||
| Misc Debtors | 30,751 | 1 | |
| Cash | 2,851 | 63,688 | 20,283 |
| misc current assets | |||
| total current assets | 33,602 | 2,456,649 | 1,225,500 |
| total assets | 33,602 | 2,486,650 | 1,225,500 |
| Bank overdraft | |||
| Bank loan | |||
| Trade Creditors | 500 | 2,075 | |
| Group/Directors Accounts | 166,327 | ||
| other short term finances | 810,394 | 313,164 | |
| hp & lease commitments | |||
| other current liabilities | 3,863 | 1,773,979 | 750,554 |
| total current liabilities | 4,363 | 2,586,448 | 1,230,045 |
| loans | |||
| hp & lease commitments | |||
| Accruals and Deferred Income | |||
| other liabilities | |||
| provisions | |||
| total long term liabilities | |||
| total liabilities | 4,363 | 2,586,448 | 1,230,045 |
| net assets | 29,239 | -99,798 | -4,545 |
| total shareholders funds | 29,239 | -99,798 | -4,545 |
| May 2023 | May 2022 | Mar 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | 211,945 | -50,539 | -4,546 |
| Depreciation | |||
| Amortisation | |||
| Tax | |||
| Stock | -1,913,504 | 708,288 | 1,205,216 |
| Debtors | -478,707 | 509,457 | 1 |
| Creditors | -1,575 | 2,075 | |
| Accruals and Deferred Income | -1,770,116 | 1,023,425 | 750,554 |
| Deferred Taxes & Provisions | |||
| Cash flow from operations | 832,465 | -242,784 | -459,209 |
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | |||
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | |||
| Group/Directors Accounts | -166,327 | 166,327 | |
| Other Short Term Loans | -810,394 | 497,230 | 313,164 |
| Long term loans | |||
| Hire Purchase and Lease Commitments | |||
| other long term liabilities | |||
| share issue | |||
| interest | -82,908 | -44,714 | |
| cash flow from financing | -893,302 | 286,189 | 479,492 |
| cash and cash equivalents | |||
| cash | -60,837 | 43,405 | 20,283 |
| overdraft | |||
| change in cash | -60,837 | 43,405 | 20,283 |
letlife one limited Credit Report and Business Information
Letlife One Limited Competitor Analysis
Perform a competitor analysis for letlife one limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in ME19 area or any other competitors across 12 key performance metrics.
letlife one limited Ownership
LETLIFE ONE LIMITED group structure
Letlife One Limited has no subsidiary companies.
Ultimate parent company
2 parents
LETLIFE ONE LIMITED
12267890
letlife one limited directors
Letlife One Limited currently has 5 directors. The longest serving directors include Mr Thomas Onslow (Oct 2019) and Mr Keith Maddin (Oct 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Thomas Onslow | England | 36 years | Oct 2019 | - | Director |
| Mr Keith Maddin | England | 62 years | Oct 2019 | - | Director |
| Mr Graham Chivers | England | 44 years | Mar 2024 | - | Director |
| Mr Steve Cresswell | England | 50 years | Mar 2024 | - | Director |
| Mr Oliver Jolley | England | 34 years | Aug 2024 | - | Director |
P&L
May 2023turnover
2.1m
+3278%
operating profit
211.9k
-519%
gross margin
15%
%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
29.2k
-1.29%
total assets
33.6k
-0.99%
cash
2.9k
-0.96%
net assets
Total assets minus all liabilities
Similar Companies
letlife one limited company details
company number
12267890
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
October 2019
age
6
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
May 2023
previous names
N/A
accountant
-
auditor
CROWE UK LLP
address
4 abbey wood road, kings hill, kent, ME19 4AB
Bank
-
Legal Advisor
-
letlife one 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 found 2 charges/mortgages relating to letlife one limited. Currently there are 2 open charges and 0 have been satisfied in the past.
letlife one limited 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 LETLIFE ONE LIMITED. This can take several minutes, an email will notify you when this has completed.
letlife one limited Companies House Filings - See Documents
| date | description | view/download |
|---|
