lacework emea ltd
lacework emea ltd Company Information
Company Number
12932858
Website
-Registered Address
280 bishopsgate, london, EC2M 4RB
Industry
Other software publishing
Telephone
-
Next Accounts Due
October 2024
Group Structure
View All
Shareholders
lacework inc 100%
lacework emea ltd Estimated Valuation
Pomanda estimates the enterprise value of LACEWORK EMEA LTD at £30.7m based on a Turnover of £27.8m and 1.11x industry multiple (adjusted for size and gross margin).
lacework emea ltd Estimated Valuation
Pomanda estimates the enterprise value of LACEWORK EMEA LTD at £10.8m based on an EBITDA of £1.4m and a 7.72x industry multiple (adjusted for size and gross margin).
lacework emea ltd Estimated Valuation
Pomanda estimates the enterprise value of LACEWORK EMEA LTD at £1.3m based on Net Assets of £738.3k and 1.75x industry multiple (adjusted for liquidity).
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Lacework Emea Ltd Overview
Lacework Emea Ltd is a live company located in london, EC2M 4RB with a Companies House number of 12932858. It operates in the other software publishing sector, SIC Code 58290. Founded in October 2020, it's largest shareholder is lacework inc with a 100% stake. Lacework Emea Ltd is a startup, large sized company, Pomanda has estimated its turnover at £27.8m with unknown growth in recent years.
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Lacework Emea Ltd Health Check
Pomanda's financial health check has awarded Lacework Emea Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
3 Weak
Size
annual sales of £27.8m, make it larger than the average company (£5.4m)
£27.8m - Lacework Emea Ltd
£5.4m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Lacework Emea Ltd
- - Industry AVG
Production
with a gross margin of 100%, this company has a lower cost of product (74.7%)
100% - Lacework Emea Ltd
74.7% - Industry AVG
Profitability
an operating margin of 4.8% make it as profitable than the average company (4.6%)
4.8% - Lacework Emea Ltd
4.6% - Industry AVG
Employees
with 97 employees, this is above the industry average (39)
97 - Lacework Emea Ltd
39 - Industry AVG
Pay Structure
on an average salary of £281.4k, the company has a higher pay structure (£81k)
£281.4k - Lacework Emea Ltd
£81k - Industry AVG
Efficiency
resulting in sales per employee of £286.7k, this is more efficient (£158.5k)
£286.7k - Lacework Emea Ltd
£158.5k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (54 days)
0 days - Lacework Emea Ltd
54 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Lacework Emea Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Lacework Emea Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (14 weeks)
5 weeks - Lacework Emea Ltd
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 95.3%, this is a higher level of debt than the average (61.9%)
95.3% - Lacework Emea Ltd
61.9% - Industry AVG
LACEWORK EMEA LTD financials
Lacework Emea Ltd's latest turnover from January 2023 is £27.8 million and the company has net assets of £738.3 thousand. According to their latest financial statements, Lacework Emea Ltd has 97 employees and maintains cash reserves of £1.5 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2023 | Jan 2022 | |
|---|---|---|
| Turnover | 27,813,647 | 16,307,859 |
| Other Income Or Grants | 0 | 0 |
| Cost Of Sales | 0 | 0 |
| Gross Profit | 27,813,647 | 16,307,859 |
| Admin Expenses | 26,489,188 | 15,531,295 |
| Operating Profit | 1,324,459 | 776,564 |
| Interest Payable | 523,243 | 249,748 |
| Interest Receivable | 0 | 0 |
| Pre-Tax Profit | 801,216 | 526,816 |
| Tax | -476,734 | -113,116 |
| Profit After Tax | 324,482 | 413,700 |
| Dividends Paid | 0 | 0 |
| Retained Profit | 324,482 | 413,700 |
| Employee Costs | 27,292,563 | 14,103,700 |
| Number Of Employees | 97 | 58 |
| EBITDA* | 1,395,571 | 814,322 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2023 | Jan 2022 | |
|---|---|---|
| Tangible Assets | 27,049 | 81,154 |
| Intangible Assets | 0 | 0 |
| Investments & Other | 56,634 | 48,226 |
| Debtors (Due After 1 year) | 14,061 | 0 |
| Total Fixed Assets | 97,744 | 129,380 |
| Stock & work in progress | 0 | 0 |
| Trade Debtors | 10,868 | 0 |
| Group Debtors | 10,659,061 | 3,225,865 |
| Misc Debtors | 3,515,782 | 135,430 |
| Cash | 1,486,852 | 1,490,213 |
| misc current assets | 0 | 0 |
| total current assets | 15,672,563 | 4,851,508 |
| total assets | 15,770,307 | 4,980,888 |
| Bank overdraft | 0 | 0 |
| Bank loan | 0 | 0 |
| Trade Creditors | 0 | 92,007 |
| Group/Directors Accounts | 7,469,866 | 0 |
| other short term finances | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| other current liabilities | 7,562,159 | 4,454,792 |
| total current liabilities | 15,032,025 | 4,546,799 |
| loans | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 |
| other liabilities | 0 | 0 |
| provisions | 0 | 20,289 |
| total long term liabilities | 0 | 20,289 |
| total liabilities | 15,032,025 | 4,567,088 |
| net assets | 738,282 | 413,800 |
| total shareholders funds | 738,282 | 413,800 |
| Jan 2023 | Jan 2022 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | 1,324,459 | 776,564 |
| Depreciation | 71,112 | 37,758 |
| Amortisation | 0 | 0 |
| Tax | -476,734 | -113,116 |
| Stock | 0 | 0 |
| Debtors | 10,838,477 | 3,361,295 |
| Creditors | -92,007 | 92,007 |
| Accruals and Deferred Income | 3,107,367 | 4,454,792 |
| Deferred Taxes & Provisions | -20,289 | 20,289 |
| Cash flow from operations | -6,924,569 | 1,906,999 |
| Investing Activities | ||
| capital expenditure | 0 | |
| Change in Investments | 8,408 | 48,226 |
| cash flow from investments | -48,226 | |
| Financing Activities | ||
| Bank loans | 0 | 0 |
| Group/Directors Accounts | 7,469,866 | 0 |
| Other Short Term Loans | 0 | 0 |
| Long term loans | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 |
| other long term liabilities | 0 | 0 |
| share issue | ||
| interest | -523,243 | -249,748 |
| cash flow from financing | 6,946,623 | -249,648 |
| cash and cash equivalents | ||
| cash | -3,361 | 1,490,213 |
| overdraft | 0 | 0 |
| change in cash | -3,361 | 1,490,213 |
lacework emea ltd Credit Report and Business Information
Lacework Emea Ltd Competitor Analysis
Perform a competitor analysis for lacework emea ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other large companies, companies in EC2M area or any other competitors across 12 key performance metrics.
lacework emea ltd Ownership
LACEWORK EMEA LTD group structure
Lacework Emea Ltd has no subsidiary companies.
Ultimate parent company
LACEWORK, INC
#0126918
1 parent
LACEWORK EMEA LTD
12932858
lacework emea ltd directors
Lacework Emea Ltd currently has 2 directors. The longest serving directors include Mr Brian Pollard (Aug 2024) and Mrs Margrit Ohlgart (Aug 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Brian Pollard | United States | 62 years | Aug 2024 | - | Director |
| Mrs Margrit Ohlgart | United States | 56 years | Aug 2024 | - | Director |
P&L
January 2023turnover
27.8m
+71%
operating profit
1.3m
+71%
gross margin
100%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2023net assets
738.3k
+0.78%
total assets
15.8m
+2.17%
cash
1.5m
0%
net assets
Total assets minus all liabilities
Similar Companies
lacework emea ltd company details
company number
12932858
Type
Private limited with Share Capital
industry
58290 - Other software publishing
incorporation date
October 2020
age
4
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
January 2023
previous names
N/A
accountant
-
auditor
UHY HACKER YOUNG (S.E.) LIMITED
address
280 bishopsgate, london, EC2M 4RB
Bank
-
Legal Advisor
-
lacework emea 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 lacework emea ltd.
lacework emea ltd Companies House Filings - See Documents
| date | description | view/download |
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