latesco limited
latesco limited Company Information
Company Number
12782679
Website
-Registered Address
12 greendale road, nuneaton, warwickshire, CV11 6RN
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Telephone
-
Next Accounts Due
April 2025
Group Structure
View All
Directors
Darryl Norton4 Years
Shareholders
augemus limited 100%
latesco limited Estimated Valuation
Pomanda estimates the enterprise value of LATESCO LIMITED at £216.1k based on a Turnover of £228.8k and 0.94x industry multiple (adjusted for size and gross margin).
latesco limited Estimated Valuation
Pomanda estimates the enterprise value of LATESCO LIMITED at £49.4k based on an EBITDA of £13.7k and a 3.62x industry multiple (adjusted for size and gross margin).
latesco limited Estimated Valuation
Pomanda estimates the enterprise value of LATESCO LIMITED at £36k based on Net Assets of £19.3k and 1.86x industry multiple (adjusted for liquidity).
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Latesco Limited Overview
Latesco Limited is a live company located in warwickshire, CV11 6RN with a Companies House number of 12782679. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in July 2020, it's largest shareholder is augemus limited with a 100% stake. Latesco Limited is a startup, micro sized company, Pomanda has estimated its turnover at £228.8k with unknown growth in recent years.
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Latesco Limited Health Check
Pomanda's financial health check has awarded Latesco Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
4 Weak
Size
annual sales of £228.8k, make it smaller than the average company (£18.8m)
- Latesco Limited
£18.8m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Latesco Limited
- - Industry AVG
Production
with a gross margin of 20.6%, this company has a higher cost of product (34.9%)
- Latesco Limited
34.9% - Industry AVG
Profitability
an operating margin of 6% make it more profitable than the average company (4.6%)
- Latesco Limited
4.6% - Industry AVG
Employees
with 1 employees, this is below the industry average (106)
1 - Latesco Limited
106 - Industry AVG
Pay Structure
on an average salary of £42.8k, the company has an equivalent pay structure (£42.8k)
- Latesco Limited
£42.8k - Industry AVG
Efficiency
resulting in sales per employee of £228.8k, this is more efficient (£185.1k)
- Latesco Limited
£185.1k - Industry AVG
Debtor Days
it gets paid by customers after 6 days, this is earlier than average (45 days)
- Latesco Limited
45 days - Industry AVG
Creditor Days
its suppliers are paid after 450 days, this is slower than average (45 days)
- Latesco Limited
45 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Latesco Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Latesco Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 92.1%, this is a higher level of debt than the average (69.4%)
92.1% - Latesco Limited
69.4% - Industry AVG
LATESCO LIMITED financials
Latesco Limited's latest turnover from July 2023 is estimated at £228.8 thousand and the company has net assets of £19.3 thousand. According to their latest financial statements, Latesco Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jul 2021 | |
|---|---|---|---|
| Turnover | |||
| Other Income Or Grants | |||
| Cost Of Sales | |||
| Gross Profit | |||
| Admin Expenses | |||
| Operating Profit | |||
| Interest Payable | |||
| Interest Receivable | |||
| Pre-Tax Profit | |||
| Tax | |||
| Profit After Tax | |||
| Dividends Paid | |||
| Retained Profit | |||
| Employee Costs | |||
| Number Of Employees | 1 | 1 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | Jul 2022 | Jul 2021 | |
|---|---|---|---|
| Tangible Assets | 239,988 | 219,988 | 165,811 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 239,988 | 219,988 | 165,811 |
| Stock & work in progress | 0 | 0 | 0 |
| Trade Debtors | 3,861 | 19,692 | 25,516 |
| Group Debtors | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 3,861 | 19,692 | 25,516 |
| total assets | 243,849 | 239,680 | 191,327 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 224,234 | 230,318 | 189,723 |
| Group/Directors Accounts | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 |
| total current liabilities | 224,234 | 230,318 | 189,723 |
| loans | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 300 | 300 | 250 |
| other liabilities | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 |
| total long term liabilities | 300 | 300 | 250 |
| total liabilities | 224,534 | 230,618 | 189,973 |
| net assets | 19,315 | 9,062 | 1,354 |
| total shareholders funds | 19,315 | 9,062 | 1,354 |
| Jul 2023 | Jul 2022 | Jul 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | |||
| Amortisation | |||
| Tax | |||
| Stock | 0 | 0 | 0 |
| Debtors | -15,831 | -5,824 | 25,516 |
| Creditors | -6,084 | 40,595 | 189,723 |
| Accruals and Deferred Income | 0 | 50 | 250 |
| Deferred Taxes & Provisions | 0 | 0 | 0 |
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 0 | 0 | 0 |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 |
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 |
latesco limited Credit Report and Business Information
Latesco Limited Competitor Analysis
Perform a competitor analysis for latesco limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in CV11 area or any other competitors across 12 key performance metrics.
latesco limited Ownership
LATESCO LIMITED group structure
Latesco Limited has 1 subsidiary company.
Ultimate parent company
AUGEMUS LTD
#0124554
1 parent
LATESCO LIMITED
12782679
1 subsidiary
latesco limited directors
Latesco Limited currently has 1 director, Mr Darryl Norton serving since Jul 2020.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Darryl Norton | England | 63 years | Jul 2020 | - | Director |
P&L
July 2023turnover
228.8k
-6%
operating profit
13.7k
0%
gross margin
20.7%
+1.21%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
19.3k
+1.13%
total assets
243.8k
+0.02%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
latesco limited company details
company number
12782679
Type
Private limited with Share Capital
industry
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
incorporation date
July 2020
age
4
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
July 2023
previous names
N/A
accountant
BEASLEY & CO
auditor
-
address
12 greendale road, nuneaton, warwickshire, CV11 6RN
Bank
-
Legal Advisor
-
latesco 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 latesco limited.
latesco limited Companies House Filings - See Documents
| date | description | view/download |
|---|
