lyncolec limited
lyncolec limited Company Information
Company Number
12346240
Registered Address
c/o the eurotech group plc, salterton industrial estate, sal, exmouth, devon, EX8 4RZ
Industry
Manufacture of electronic components
Telephone
-
Next Accounts Due
March 2025
Group Structure
View All
Shareholders
the eurotech group plc 100%
lyncolec limited Estimated Valuation
Pomanda estimates the enterprise value of LYNCOLEC LIMITED at £0 based on a Turnover of £0 and 0.87x industry multiple (adjusted for size and gross margin).
lyncolec limited Estimated Valuation
Pomanda estimates the enterprise value of LYNCOLEC LIMITED at £0 based on an EBITDA of £0 and a 4.88x industry multiple (adjusted for size and gross margin).
lyncolec limited Estimated Valuation
Pomanda estimates the enterprise value of LYNCOLEC LIMITED at £0 based on Net Assets of £-503k and 2.17x industry multiple (adjusted for liquidity).
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Lyncolec Limited Overview
Lyncolec Limited is a live company located in exmouth, EX8 4RZ with a Companies House number of 12346240. It operates in the manufacture of electronic components sector, SIC Code 26110. Founded in December 2019, it's largest shareholder is the eurotech group plc with a 100% stake. Lyncolec Limited is a young, unknown sized company, Pomanda has estimated its turnover at £0 with declining growth in recent years.
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Lyncolec Limited Health Check
There is insufficient data available to calculate a health check for Lyncolec Limited. Company Health Check FAQs
0 Strong
0 Regular
2 Weak
Size
There is insufficient data available for this Key Performance Indicator!
- - Lyncolec Limited
- - Industry AVG
Growth
3 year (CAGR) sales growth of -100%, show it is growing at a slower rate (6%)
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- - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Employees
with 1 employees, this is below the industry average (90)
- Lyncolec Limited
- - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Efficiency
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Debt Level
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
LYNCOLEC LIMITED financials
Lyncolec Limited's latest turnover from June 2023 is 0 and the company has net assets of -£503 thousand. According to their latest financial statements, we estimate that Lyncolec Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | |
|---|---|---|---|---|
| Turnover | 0 | 642,000 | 1,742,000 | 902,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 |
| Cost Of Sales | 0 | 849,000 | 1,677,000 | 1,064,000 |
| Gross Profit | 0 | -207,000 | 65,000 | -162,000 |
| Admin Expenses | 0 | 0 | 114,000 | 85,000 |
| Operating Profit | 0 | -207,000 | -49,000 | -247,000 |
| Interest Payable | 0 | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 0 | -207,000 | -49,000 | -247,000 |
| Tax | 0 | 0 | 4,000 | -4,000 |
| Profit After Tax | 0 | -207,000 | -45,000 | -251,000 |
| Dividends Paid | 0 | 0 | 0 | 0 |
| Retained Profit | 0 | -207,000 | -45,000 | -251,000 |
| Employee Costs | 0 | 0 | 0 | |
| Number Of Employees | 21 | 41 | 39 | |
| EBITDA* | 0 | -151,000 | 49,000 | -247,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | |
|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 414,000 | 418,000 |
| Intangible Assets | 0 | 0 | 69,000 | 76,000 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 483,000 | 494,000 |
| Stock & work in progress | 0 | 0 | 432,000 | 395,000 |
| Trade Debtors | 0 | 0 | 261,000 | 378,000 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 35,000 | 59,000 |
| Cash | 0 | 1,000 | 1,000 | 1,000 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 0 | 1,000 | 729,000 | 833,000 |
| total assets | 0 | 1,000 | 1,212,000 | 1,327,000 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 105,000 | 222,000 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 122,000 | 225,000 |
| total current liabilities | 0 | 0 | 227,000 | 447,000 |
| loans | 503,000 | 504,000 | 1,281,000 | 1,127,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 4,000 |
| total long term liabilities | 503,000 | 504,000 | 1,281,000 | 1,131,000 |
| total liabilities | 503,000 | 504,000 | 1,508,000 | 1,578,000 |
| net assets | -503,000 | -503,000 | -296,000 | -251,000 |
| total shareholders funds | -503,000 | -503,000 | -296,000 | -251,000 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | 0 | -207,000 | -49,000 | -247,000 |
| Depreciation | 0 | 46,000 | 80,000 | 0 |
| Amortisation | 0 | 10,000 | 18,000 | 0 |
| Tax | 0 | 0 | 4,000 | -4,000 |
| Stock | 0 | -432,000 | 37,000 | 395,000 |
| Debtors | 0 | -296,000 | -141,000 | 437,000 |
| Creditors | 0 | -105,000 | -117,000 | 222,000 |
| Accruals and Deferred Income | 0 | -122,000 | -103,000 | 225,000 |
| Deferred Taxes & Provisions | 0 | 0 | -4,000 | 4,000 |
| Cash flow from operations | 0 | 350,000 | -67,000 | -632,000 |
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | -1,000 | -777,000 | 154,000 | 1,127,000 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 |
| share issue | ||||
| interest | 0 | 0 | 0 | 0 |
| cash flow from financing | -1,000 | -777,000 | 154,000 | 1,127,000 |
| cash and cash equivalents | ||||
| cash | -1,000 | 0 | 0 | 1,000 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | -1,000 | 0 | 0 | 1,000 |
lyncolec limited Credit Report and Business Information
Lyncolec Limited Competitor Analysis
Perform a competitor analysis for lyncolec limited by selecting its closest rivals, whether from the MANUFACTURING sector, other young companies, companies in EX8 area or any other competitors across 12 key performance metrics.
lyncolec limited Ownership
LYNCOLEC LIMITED group structure
Lyncolec Limited has no subsidiary companies.
lyncolec limited directors
Lyncolec Limited currently has 3 directors. The longest serving directors include Mr David Douglas (Dec 2019) and Mr Simon Beckett (Dec 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Douglas | England | 63 years | Dec 2019 | - | Director |
| Mr Simon Beckett | England | 64 years | Dec 2020 | - | Director |
| Mr Jeremy Wakeford | England | 61 years | Dec 2020 | - | Director |
P&L
June 2023turnover
0
-100%
operating profit
0
-100%
gross margin
0%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
-503k
0%
total assets
0
-1%
cash
0
-1%
net assets
Total assets minus all liabilities
Similar Companies
lyncolec limited company details
company number
12346240
Type
Private limited with Share Capital
industry
26110 - Manufacture of electronic components
incorporation date
December 2019
age
5
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
June 2023
previous names
curzon 2020 limited (January 2020)
accountant
-
auditor
PKF FRANCIS CLARK
address
c/o the eurotech group plc, salterton industrial estate, sal, exmouth, devon, EX8 4RZ
Bank
-
Legal Advisor
-
lyncolec 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 1 charges/mortgages relating to lyncolec limited. Currently there are 1 open charges and 0 have been satisfied in the past.
lyncolec limited Companies House Filings - See Documents
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