logical plumbing solutions limited

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logical plumbing solutions limited Company Information

Share LOGICAL PLUMBING SOLUTIONS LIMITED

Company Number

12661090

Directors

Clare Barker

Clare Barker

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Shareholders

albemarle holdings limited

logical group holdings limited

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Group Structure

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Industry

Plumbing, heat and air-conditioning installation

 

Registered Address

grove barn 11 silica court, kirk sandall, doncaster, south yorkshire, DN3 1EG

Website

lhps.co.uk

logical plumbing solutions limited Estimated Valuation

£1.2m

Pomanda estimates the enterprise value of LOGICAL PLUMBING SOLUTIONS LIMITED at £1.2m based on a Turnover of £2.3m and 0.51x industry multiple (adjusted for size and gross margin).

logical plumbing solutions limited Estimated Valuation

£206.4k

Pomanda estimates the enterprise value of LOGICAL PLUMBING SOLUTIONS LIMITED at £206.4k based on an EBITDA of £48.1k and a 4.29x industry multiple (adjusted for size and gross margin).

logical plumbing solutions limited Estimated Valuation

£663.3k

Pomanda estimates the enterprise value of LOGICAL PLUMBING SOLUTIONS LIMITED at £663.3k based on Net Assets of £234.7k and 2.83x industry multiple (adjusted for liquidity).

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Logical Plumbing Solutions Limited Overview

Logical Plumbing Solutions Limited is a live company located in doncaster, DN3 1EG with a Companies House number of 12661090. It operates in the plumbing, heat and air-conditioning installation sector, SIC Code 43220. Founded in June 2020, it's largest shareholder is albemarle holdings limited with a 51% stake. Logical Plumbing Solutions Limited is a young, small sized company, Pomanda has estimated its turnover at £2.3m with unknown growth in recent years.

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Logical Plumbing Solutions Limited Health Check

Pomanda's financial health check has awarded Logical Plumbing Solutions Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

5 Strong

positive_score

2 Regular

positive_score

4 Weak

size

Size

annual sales of £2.3m, make it larger than the average company (£427.8k)

£2.3m - Logical Plumbing Solutions Limited

£427.8k - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Logical Plumbing Solutions Limited

- - Industry AVG

production

Production

with a gross margin of 27.4%, this company has a comparable cost of product (27.4%)

27.4% - Logical Plumbing Solutions Limited

27.4% - Industry AVG

profitability

Profitability

an operating margin of 1.3% make it less profitable than the average company (5.6%)

1.3% - Logical Plumbing Solutions Limited

5.6% - Industry AVG

employees

Employees

with 15 employees, this is above the industry average (4)

15 - Logical Plumbing Solutions Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £33.4k, the company has an equivalent pay structure (£33.4k)

£33.4k - Logical Plumbing Solutions Limited

£33.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £155.6k, this is more efficient (£120.1k)

£155.6k - Logical Plumbing Solutions Limited

£120.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 73 days, this is later than average (55 days)

73 days - Logical Plumbing Solutions Limited

55 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 93 days, this is slower than average (46 days)

93 days - Logical Plumbing Solutions Limited

46 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 2 days, this is less than average (12 days)

2 days - Logical Plumbing Solutions Limited

12 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (20 weeks)

3 weeks - Logical Plumbing Solutions Limited

20 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 71.4%, this is a higher level of debt than the average (61.8%)

71.4% - Logical Plumbing Solutions Limited

61.8% - Industry AVG

LOGICAL PLUMBING SOLUTIONS LIMITED financials

EXPORTms excel logo

Logical Plumbing Solutions Limited's latest turnover from September 2023 is estimated at £2.3 million and the company has net assets of £234.7 thousand. According to their latest financial statements, Logical Plumbing Solutions Limited has 15 employees and maintains cash reserves of £36 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Sep 2023Sep 2022Sep 2021
Turnover2,333,2532,321,0691,373,673
Other Income Or Grants
Cost Of Sales1,693,9551,667,603968,596
Gross Profit639,299653,466405,077
Admin Expenses609,696524,579279,560
Operating Profit29,603128,887125,517
Interest Payable925261
Interest Receivable4,5953,51287
Pre-Tax Profit33,272132,137125,604
Tax-8,318-25,106-23,865
Profit After Tax24,954107,031101,739
Dividends Paid
Retained Profit24,954107,031101,739
Employee Costs500,682506,799231,421
Number Of Employees15157
EBITDA*48,130132,675131,076

* Earnings Before Interest, Tax, Depreciation and Amortisation

Sep 2023Sep 2022Sep 2021
Tangible Assets54,92010,75613,274
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets54,92010,75613,274
Stock & work in progress11,17015,000
Trade Debtors470,736502,535269,795
Group Debtors
Misc Debtors247,555185,602105,100
Cash36,001139,046173,093
misc current assets
total current assets765,462842,183547,988
total assets820,382852,939561,262
Bank overdraft10,1226,331
Bank loan
Trade Creditors 433,844473,688300,744
Group/Directors Accounts77,360
other short term finances
hp & lease commitments
other current liabilities127,96283,746155,257
total current liabilities571,928641,125456,001
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions13,7302,0442,522
total long term liabilities13,7302,0442,522
total liabilities585,658643,169458,523
net assets234,724209,770102,739
total shareholders funds234,724209,770102,739
Sep 2023Sep 2022Sep 2021
Operating Activities
Operating Profit29,603128,887125,517
Depreciation18,5273,7885,559
Amortisation
Tax-8,318-25,106-23,865
Stock-3,83015,000
Debtors30,154313,242374,895
Creditors-39,844172,944300,744
Accruals and Deferred Income44,216-71,511155,257
Deferred Taxes & Provisions11,686-4782,522
Cash flow from operations29,546-119,718190,839
Investing Activities
capital expenditure-62,691-1,270-18,833
Change in Investments
cash flow from investments-62,691-1,270-18,833
Financing Activities
Bank loans
Group/Directors Accounts-77,36077,360
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue1,000
interest3,6703,25187
cash flow from financing-73,69080,6111,087
cash and cash equivalents
cash-103,045-34,047173,093
overdraft3,7916,331
change in cash-106,836-40,378173,093

logical plumbing solutions limited 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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Logical Plumbing Solutions Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for logical plumbing solutions limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in DN3 area or any other competitors across 12 key performance metrics.

logical plumbing solutions limited Ownership

LOGICAL PLUMBING SOLUTIONS LIMITED group structure

Logical Plumbing Solutions Limited has no subsidiary companies.

Ultimate parent company

1 parent

LOGICAL PLUMBING SOLUTIONS LIMITED

12661090

LOGICAL PLUMBING SOLUTIONS LIMITED Shareholders

albemarle holdings limited 51%
logical group holdings limited 29%
lesley horton 10%
andrew horton 10%

logical plumbing solutions limited directors

Logical Plumbing Solutions Limited currently has 4 directors. The longest serving directors include Mrs Clare Barker (Jun 2020) and Mrs Clare Barker (Jun 2020).

officercountryagestartendrole
Mrs Clare Barker51 years Jun 2020- Director
Mrs Clare BarkerUnited Kingdom52 years Jun 2020- Director
Mr Darryl BarkerUnited Kingdom52 years Jun 2020- Director
Mr Andrew HortonEngland55 years Sep 2022- Director

P&L

September 2023

turnover

2.3m

+1%

operating profit

29.6k

0%

gross margin

27.4%

-2.68%

turnover

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

Balance Sheet

September 2023

net assets

234.7k

+0.12%

total assets

820.4k

-0.04%

cash

36k

-0.74%

net assets

Total assets minus all liabilities

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logical plumbing solutions limited company details

company number

12661090

Type

Private limited with Share Capital

industry

43220 - Plumbing, heat and air-conditioning installation

incorporation date

June 2020

age

5

incorporated

UK

ultimate parent company

accounts

Small Company

last accounts submitted

September 2023

previous names

N/A

accountant

LEESING MARRISON LEE & CO

auditor

-

address

grove barn 11 silica court, kirk sandall, doncaster, south yorkshire, DN3 1EG

Bank

-

Legal Advisor

-

logical plumbing solutions 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 did not find charges/mortgages relating to logical plumbing solutions limited.

logical plumbing solutions 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.

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logical plumbing solutions limited Companies House Filings - See Documents

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