lether's travel ltd
lether's travel ltd Company Information
Group Structure
View All
Industry
Urban, suburban or metropolitan area passenger land transport other than railway transportation by underground, metro and similar systems
Registered Address
27 south end avenue, leeds, west yorkshire, LS13 2AD
Website
-lether's travel ltd Estimated Valuation
Pomanda estimates the enterprise value of LETHER'S TRAVEL LTD at £97.9k based on a Turnover of £656k and 0.15x industry multiple (adjusted for size and gross margin).
lether's travel ltd Estimated Valuation
Pomanda estimates the enterprise value of LETHER'S TRAVEL LTD at £36.9k based on an EBITDA of £38.6k and a 0.96x industry multiple (adjusted for size and gross margin).
lether's travel ltd Estimated Valuation
Pomanda estimates the enterprise value of LETHER'S TRAVEL LTD at £171.5k based on Net Assets of £70.1k and 2.45x industry multiple (adjusted for liquidity).
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Lether's Travel Ltd Overview
Lether's Travel Ltd is a live company located in west yorkshire, LS13 2AD with a Companies House number of 14277898. It operates in the other urban, suburban or metropolitan passenger land transport (not underground, metro or similar) sector, SIC Code 49319. Founded in August 2022, it's largest shareholder is simon lether with a 100% stake. Lether's Travel Ltd is a startup, small sized company, Pomanda has estimated its turnover at £656k with unknown growth in recent years.
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Lether's Travel Ltd Health Check
Pomanda's financial health check has awarded Lether'S Travel Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
4 Weak
Size
annual sales of £656k, make it smaller than the average company (£32.7m)
- Lether's Travel Ltd
£32.7m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Lether's Travel Ltd
- - Industry AVG
Production
with a gross margin of -0.9%, this company has a higher cost of product (6.4%)
- Lether's Travel Ltd
6.4% - Industry AVG
Profitability
an operating margin of 5.9% make it more profitable than the average company (3.2%)
- Lether's Travel Ltd
3.2% - Industry AVG
Employees
with 4 employees, this is below the industry average (496)
4 - Lether's Travel Ltd
496 - Industry AVG
Pay Structure
on an average salary of £38k, the company has an equivalent pay structure (£38k)
- Lether's Travel Ltd
£38k - Industry AVG
Efficiency
resulting in sales per employee of £164k, this is more efficient (£71k)
- Lether's Travel Ltd
£71k - Industry AVG
Debtor Days
it gets paid by customers after 28 days, this is later than average (7 days)
- Lether's Travel Ltd
7 days - Industry AVG
Creditor Days
its suppliers are paid after 33 days, this is slower than average (7 days)
- Lether's Travel Ltd
7 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Lether's Travel Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Lether's Travel Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 60%, this is a similar level of debt than the average (64.1%)
60% - Lether's Travel Ltd
64.1% - Industry AVG
LETHER'S TRAVEL LTD financials
Lether'S Travel Ltd's latest turnover from August 2024 is estimated at £656 thousand and the company has net assets of £70.1 thousand. According to their latest financial statements, Lether'S Travel Ltd has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2024 | Aug 2023 | |
|---|---|---|
| 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 | 4 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2024 | Aug 2023 | |
|---|---|---|
| Tangible Assets | 114,600 | 38,954 |
| Intangible Assets | 0 | 0 |
| Investments & Other | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 |
| Total Fixed Assets | 114,600 | 38,954 |
| Stock & work in progress | 0 | 0 |
| Trade Debtors | 51,262 | 52,989 |
| Group Debtors | 0 | 0 |
| Misc Debtors | 9,328 | 20,654 |
| Cash | 0 | 0 |
| misc current assets | 0 | 0 |
| total current assets | 60,590 | 73,643 |
| total assets | 175,190 | 112,597 |
| Bank overdraft | 0 | 0 |
| Bank loan | 0 | 0 |
| Trade Creditors | 61,641 | 63,846 |
| Group/Directors Accounts | 0 | 0 |
| other short term finances | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| other current liabilities | 0 | 0 |
| total current liabilities | 61,641 | 63,846 |
| loans | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| Accruals and Deferred Income | 0 | 675 |
| other liabilities | 43,486 | 6,983 |
| provisions | 0 | 0 |
| total long term liabilities | 43,486 | 7,658 |
| total liabilities | 105,127 | 71,504 |
| net assets | 70,063 | 41,093 |
| total shareholders funds | 70,063 | 41,093 |
| Aug 2024 | Aug 2023 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | ||
| Amortisation | ||
| Tax | ||
| Stock | 0 | 0 |
| Debtors | -13,053 | 73,643 |
| Creditors | -2,205 | 63,846 |
| Accruals and Deferred Income | -675 | 675 |
| Deferred Taxes & Provisions | 0 | 0 |
| Cash flow from operations | ||
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | 0 | 0 |
| cash flow from investments | ||
| Financing Activities | ||
| Bank loans | 0 | 0 |
| Group/Directors Accounts | 0 | 0 |
| Other Short Term Loans | 0 | 0 |
| Long term loans | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 |
| other long term liabilities | 36,503 | 6,983 |
| share issue | ||
| interest | ||
| cash flow from financing | ||
| cash and cash equivalents | ||
| cash | 0 | 0 |
| overdraft | 0 | 0 |
| change in cash | 0 | 0 |
lether's travel ltd Credit Report and Business Information
Lether's Travel Ltd Competitor Analysis
Perform a competitor analysis for lether's travel ltd by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other small companies, companies in LS13 area or any other competitors across 12 key performance metrics.
lether's travel ltd Ownership
LETHER'S TRAVEL LTD group structure
Lether'S Travel Ltd has no subsidiary companies.
Ultimate parent company
LETHER'S TRAVEL LTD
14277898
lether's travel ltd directors
Lether'S Travel Ltd currently has 1 director, Mr Simon Lether serving since Aug 2022.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Simon Lether | England | 49 years | Aug 2022 | - | Director |
P&L
August 2024turnover
656k
+22%
operating profit
38.6k
0%
gross margin
-0.9%
-88.28%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2024net assets
70.1k
+0.7%
total assets
175.2k
+0.56%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
lether's travel ltd company details
company number
14277898
Type
Private limited with Share Capital
industry
49319 - Urban, suburban or metropolitan area passenger land transport other than railway transportation by underground, metro and similar systems
incorporation date
August 2022
age
3
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
August 2024
previous names
N/A
accountant
-
auditor
-
address
27 south end avenue, leeds, west yorkshire, LS13 2AD
Bank
-
Legal Advisor
-
lether's travel 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 lether's travel ltd.
lether's travel 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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lether's travel ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
