laurich ltd

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laurich ltd Company Information

Share LAURICH LTD

Company Number

12362340

Shareholders

laurent ohayon

Group Structure

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Industry

Management consultancy activities (other than financial management)

 +2

Registered Address

unit 1608 222 marsh wall, london, E14 9EN

Website

-

laurich ltd Estimated Valuation

£149.2k

Pomanda estimates the enterprise value of LAURICH LTD at £149.2k based on a Turnover of £304.5k and 0.49x industry multiple (adjusted for size and gross margin).

laurich ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of LAURICH LTD at £0 based on an EBITDA of £-69.3k and a 3.61x industry multiple (adjusted for size and gross margin).

laurich ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of LAURICH LTD at £0 based on Net Assets of £-3.8k and 2.16x industry multiple (adjusted for liquidity).

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Laurich Ltd Overview

Laurich Ltd is a live company located in london, E14 9EN with a Companies House number of 12362340. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in December 2019, it's largest shareholder is laurent ohayon with a 100% stake. Laurich Ltd is a young, micro sized company, Pomanda has estimated its turnover at £304.5k with healthy growth in recent years.

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Laurich Ltd Health Check

Pomanda's financial health check has awarded Laurich Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

1 Strong

positive_score

3 Regular

positive_score

5 Weak

size

Size

annual sales of £304.5k, make it smaller than the average company (£4.7m)

£304.5k - Laurich Ltd

£4.7m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 5%, show it is growing at a slower rate (7.8%)

5% - Laurich Ltd

7.8% - Industry AVG

production

Production

with a gross margin of 48.9%, this company has a comparable cost of product (48.9%)

48.9% - Laurich Ltd

48.9% - Industry AVG

profitability

Profitability

an operating margin of -22.9% make it less profitable than the average company (6.1%)

-22.9% - Laurich Ltd

6.1% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (24)

2 - Laurich Ltd

24 - Industry AVG

paystructure

Pay Structure

on an average salary of £62.3k, the company has an equivalent pay structure (£62.3k)

£62.3k - Laurich Ltd

£62.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £152.2k, this is equally as efficient (£152.2k)

£152.2k - Laurich Ltd

£152.2k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Laurich Ltd

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Laurich Ltd

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Laurich Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 41 weeks, this is more cash available to meet short term requirements (18 weeks)

41 weeks - Laurich Ltd

18 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 123.7%, this is a higher level of debt than the average (61.1%)

123.7% - Laurich Ltd

61.1% - Industry AVG

LAURICH LTD financials

EXPORTms excel logo

Laurich Ltd's latest turnover from December 2023 is estimated at £304.5 thousand and the company has net assets of -£3.8 thousand. According to their latest financial statements, Laurich Ltd has 2 employees and maintains cash reserves of £15.9 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020
Turnover304,459296,573273,427262,063
Other Income Or Grants
Cost Of Sales155,657148,996133,413127,097
Gross Profit148,802147,578140,014134,966
Admin Expenses218,465142,022143,39956,487
Operating Profit-69,6635,556-3,38578,479
Interest Payable1,5631,525
Interest Receivable2,3251,55222482
Pre-Tax Profit-67,3387,109-4,72377,036
Tax-1,351-14,637
Profit After Tax-67,3385,758-4,72362,399
Dividends Paid
Retained Profit-67,3385,758-4,72362,399
Employee Costs124,510119,092115,465108,809
Number Of Employees2222
EBITDA*-69,2606,387-2,52278,872

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020
Tangible Assets14041,2352,098
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets14041,2352,098
Stock & work in progress
Trade Debtors
Group Debtors
Misc Debtors399
Cash15,90172,67216,036163,518
misc current assets15640,447
total current assets16,05772,67256,882163,518
total assets16,05873,07658,117165,616
Bank overdraft
Bank loan
Trade Creditors
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities19,8629,46510652,718
total current liabilities19,8629,46510652,718
loans50,000
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions77235399
total long term liabilities7723550,399
total liabilities19,8629,542341103,117
net assets-3,80463,53457,77662,499
total shareholders funds-3,80463,53457,77662,499
Dec 2023Dec 2022Dec 2021Dec 2020
Operating Activities
Operating Profit-69,6635,556-3,38578,479
Depreciation403831863393
Amortisation
Tax-1,351-14,637
Stock
Debtors-399399
Creditors
Accruals and Deferred Income10,3979,359-52,61252,718
Deferred Taxes & Provisions-77-158-164399
Cash flow from operations-58,94014,636-55,697117,352
Investing Activities
capital expenditure-2,491
Change in Investments
cash flow from investments-2,491
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans-50,00050,000
Hire Purchase and Lease Commitments
other long term liabilities
share issue100
interest2,3251,552-1,339-1,443
cash flow from financing2,3251,552-51,33948,657
cash and cash equivalents
cash-56,77156,636-147,482163,518
overdraft
change in cash-56,77156,636-147,482163,518

laurich ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Laurich Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for laurich ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in E14 area or any other competitors across 12 key performance metrics.

laurich ltd Ownership

LAURICH LTD group structure

Laurich Ltd has no subsidiary companies.

Ultimate parent company

LAURICH LTD

12362340

LAURICH LTD Shareholders

laurent ohayon 100%

laurich ltd directors

Laurich Ltd currently has 2 directors. The longest serving directors include Mr Laurent Ohayon (Feb 2020) and Mr Eric Billet (Jul 2020).

officercountryagestartendrole
Mr Laurent OhayonEngland50 years Feb 2020- Director
Mr Eric BilletFrance50 years Jul 2020- Director

P&L

December 2023

turnover

304.5k

+3%

operating profit

-69.7k

0%

gross margin

48.9%

-1.78%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

-3.8k

-1.06%

total assets

16.1k

-0.78%

cash

15.9k

-0.78%

net assets

Total assets minus all liabilities

laurich ltd company details

company number

12362340

Type

Private limited with Share Capital

industry

62020 - Computer consultancy activities

70229 - Management consultancy activities (other than financial management)

73110 - Advertising agencies

incorporation date

December 2019

age

6

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

N/A

accountant

WEBER & ASSOCIATES

auditor

-

address

unit 1608 222 marsh wall, london, E14 9EN

Bank

-

Legal Advisor

-

laurich 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 did not find charges/mortgages relating to laurich ltd.

laurich 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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laurich ltd Companies House Filings - See Documents

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