ludgate resources limited
ludgate resources limited Company Information
Company Number
13185347
Next Accounts
Dec 2025
Shareholders
brian anthony kingham & alistair kynoch rae
Group Structure
View All
Industry
Activities of financial services holding companies
Registered Address
3 castlegate, grantham, lincolnshire, NG31 6SF
Website
-ludgate resources limited Estimated Valuation
Pomanda estimates the enterprise value of LUDGATE RESOURCES LIMITED at £8.7m based on a Turnover of £6.3m and 1.39x industry multiple (adjusted for size and gross margin).
ludgate resources limited Estimated Valuation
Pomanda estimates the enterprise value of LUDGATE RESOURCES LIMITED at £4.8m based on an EBITDA of £930.5k and a 5.13x industry multiple (adjusted for size and gross margin).
ludgate resources limited Estimated Valuation
Pomanda estimates the enterprise value of LUDGATE RESOURCES LIMITED at £8.7k based on Net Assets of £5.3k and 1.67x industry multiple (adjusted for liquidity).
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Ludgate Resources Limited Overview
Ludgate Resources Limited is a live company located in lincolnshire, NG31 6SF with a Companies House number of 13185347. It operates in the activities of financial services holding companies sector, SIC Code 64205. Founded in February 2021, it's largest shareholder is brian anthony kingham & alistair kynoch rae with a 100% stake. Ludgate Resources Limited is a startup, mid sized company, Pomanda has estimated its turnover at £6.3m with unknown growth in recent years.
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Ludgate Resources Limited Health Check
Pomanda's financial health check has awarded Ludgate Resources Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
5 Weak
Size
annual sales of £6.3m, make it smaller than the average company (£11.5m)
£6.3m - Ludgate Resources Limited
£11.5m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Ludgate Resources Limited
- - Industry AVG
Production
with a gross margin of 76.7%, this company has a comparable cost of product (76.7%)
76.7% - Ludgate Resources Limited
76.7% - Industry AVG
Profitability
an operating margin of 14.9% make it more profitable than the average company (7.1%)
14.9% - Ludgate Resources Limited
7.1% - Industry AVG
Employees
with 31 employees, this is below the industry average (64)
- Ludgate Resources Limited
64 - Industry AVG
Pay Structure
on an average salary of £78.9k, the company has an equivalent pay structure (£78.9k)
- Ludgate Resources Limited
£78.9k - Industry AVG
Efficiency
resulting in sales per employee of £201.9k, this is equally as efficient (£202.2k)
- Ludgate Resources Limited
£202.2k - Industry AVG
Debtor Days
it gets paid by customers after 153 days, this is later than average (43 days)
153 days - Ludgate Resources Limited
43 days - Industry AVG
Creditor Days
its suppliers are paid after 433 days, this is slower than average (47 days)
433 days - Ludgate Resources Limited
47 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Ludgate Resources Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 7 weeks, this is less cash available to meet short term requirements (28 weeks)
7 weeks - Ludgate Resources Limited
28 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 100%, this is a higher level of debt than the average (56.7%)
100% - Ludgate Resources Limited
56.7% - Industry AVG
LUDGATE RESOURCES LIMITED financials
Ludgate Resources Limited's latest turnover from March 2024 is £6.3 million and the company has net assets of £5.3 thousand. According to their latest financial statements, we estimate that Ludgate Resources Limited has 31 employees and maintains cash reserves of £1.4 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|---|
| Turnover | 6,259,096 | 5,457,614 | 4,586,282 | |
| Other Income Or Grants | ||||
| Cost Of Sales | ||||
| Gross Profit | ||||
| Admin Expenses | ||||
| Operating Profit | ||||
| Interest Payable | ||||
| Interest Receivable | ||||
| Pre-Tax Profit | 1,092,550 | -607,233 | -137,465 | |
| Tax | -344,208 | -2,273 | 3,779 | |
| Profit After Tax | 748,342 | -609,506 | -133,686 | |
| Dividends Paid | ||||
| Retained Profit | 748,342 | -609,506 | -133,686 | |
| Employee Costs | ||||
| Number Of Employees | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|---|
| Tangible Assets | 17,246,807 | 16,408,669 | 15,362,322 | |
| Intangible Assets | 1,453,812 | 1,602,681 | 2,124,516 | |
| Investments & Other | ||||
| Debtors (Due After 1 year) | ||||
| Total Fixed Assets | 18,700,619 | 18,011,350 | 17,486,838 | |
| Stock & work in progress | ||||
| Trade Debtors | 2,633,220 | 2,387,537 | 1,951,695 | |
| Group Debtors | ||||
| Misc Debtors | ||||
| Cash | 1,381,873 | 1,183,013 | 1,228,032 | 100 |
| misc current assets | 56,869 | 46,050 | 44,769 | |
| total current assets | 5,775,091 | 5,516,383 | 5,348,816 | 100 |
| total assets | 24,475,710 | 23,527,733 | 22,835,654 | 100 |
| Bank overdraft | ||||
| Bank loan | ||||
| Trade Creditors | 1,736,637 | 1,741,066 | 1,440,084 | |
| Group/Directors Accounts | ||||
| other short term finances | ||||
| hp & lease commitments | ||||
| other current liabilities | ||||
| total current liabilities | 9,361,856 | 9,220,840 | 9,452,976 | |
| loans | ||||
| hp & lease commitments | ||||
| Accruals and Deferred Income | ||||
| other liabilities | ||||
| provisions | ||||
| total long term liabilities | 15,108,604 | 15,049,985 | 13,516,264 | |
| total liabilities | 24,470,460 | 24,270,825 | 22,969,240 | |
| net assets | 5,250 | -743,092 | -133,586 | 100 |
| total shareholders funds | 5,250 | -743,092 | -133,586 | 100 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | ||||
| Amortisation | ||||
| Tax | -344,208 | -2,273 | 3,779 | |
| Stock | ||||
| Debtors | 245,683 | 435,842 | 1,951,695 | |
| Creditors | -4,429 | 300,982 | 1,440,084 | |
| Accruals and Deferred Income | ||||
| Deferred Taxes & Provisions | ||||
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | ||||
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | ||||
| Group/Directors Accounts | ||||
| Other Short Term Loans | ||||
| Long term loans | ||||
| Hire Purchase and Lease Commitments | ||||
| other long term liabilities | ||||
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | 198,860 | -45,019 | 1,227,932 | 100 |
| overdraft | ||||
| change in cash | 198,860 | -45,019 | 1,227,932 | 100 |
ludgate resources limited Credit Report and Business Information
Ludgate Resources Limited Competitor Analysis
Perform a competitor analysis for ludgate resources limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mid companies, companies in NG31 area or any other competitors across 12 key performance metrics.
ludgate resources limited Ownership
LUDGATE RESOURCES LIMITED group structure
Ludgate Resources Limited has no subsidiary companies.
Ultimate parent company
LUDGATE RESOURCES LIMITED
13185347
ludgate resources limited directors
Ludgate Resources Limited currently has 2 directors. The longest serving directors include Mr Brian Kingham (Feb 2021) and Mr Alistair Rae (Jan 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Brian Kingham | United Kingdom | 80 years | Feb 2021 | - | Director |
| Mr Alistair Rae | England | 66 years | Jan 2024 | - | Director |
P&L
March 2024turnover
6.3m
+15%
operating profit
930.5k
0%
gross margin
76.7%
+1.08%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
5.3k
-1.01%
total assets
24.5m
+0.04%
cash
1.4m
+0.17%
net assets
Total assets minus all liabilities
Similar Companies
ludgate resources limited company details
company number
13185347
Type
Private limited with Share Capital
industry
64205 - Activities of financial services holding companies
incorporation date
February 2021
age
4
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
HUMPHREY & CO AUDIT SERVICES LTD
address
3 castlegate, grantham, lincolnshire, NG31 6SF
Bank
-
Legal Advisor
-
ludgate resources 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 ludgate resources limited. Currently there are 1 open charges and 0 have been satisfied in the past.
ludgate resources 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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ludgate resources limited Companies House Filings - See Documents
| date | description | view/download |
|---|
