Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Registered Address
the old forge east street, colchester, CO1 2TP
Website
-
lmk property 2 ltdEstimated Valuation
£32.7k
Pomanda estimates the enterprise value of LMK PROPERTY 2 LTD at £32.7k based on a Turnover of £14.3k and 2.29x industry multiple (adjusted for size and gross margin).
lmk property 2 ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of LMK PROPERTY 2 LTD at £0 based on an EBITDA of £-52.4k and a 4.47x industry multiple (adjusted for size and gross margin).
lmk property 2 ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of LMK PROPERTY 2 LTD at £0 based on Net Assets of £-52.4k and 1.68x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Lmk Property 2 LtdOverview
Lmk Property 2 Ltd is a live company located in colchester, CO1 2TP with a Companies House number of 14517152. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in November 2022, it's largest shareholder is
leigh residential ltd
with a 33.3% stake. Lmk Property 2 Ltd is a startup,
micro sized company, Pomanda has estimated its turnover at
£14.3k with
unknown
growth in recent years.
Pomanda's financial health check has awarded Lmk Property 2 Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
Health Rating1out of 5
1 Strong
1 Regular
7 Weak
Size
annual sales of £14.3k, make it smaller than the average company (£845k)
£14.3k - Lmk Property 2 Ltd
£845k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Lmk Property 2 Ltd
- - Industry AVG
Production
with a gross margin of 30.5%, this company has a higher cost of product (73.1%)
30.5% - Lmk Property 2 Ltd
73.1% - Industry AVG
Profitability
an operating margin of -367% make it less profitable than the average company (27.1%)
-367% - Lmk Property 2 Ltd
27.1% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Lmk Property 2 Ltd
4 - Industry AVG
Pay Structure
on an average salary of £32.2k, the company has an equivalent pay structure (£32.2k)
£32.2k - Lmk Property 2 Ltd
£32.2k - Industry AVG
Efficiency
resulting in sales per employee of £14.3k, this is less efficient (£179.7k)
£14.3k - Lmk Property 2 Ltd
£179.7k - Industry AVG
Debtor Days
it gets paid by customers after 93 days, this is later than average (32 days)
93 days - Lmk Property 2 Ltd
32 days - Industry AVG
Creditor Days
its suppliers are paid after 187 days, this is slower than average (35 days)
187 days - Lmk Property 2 Ltd
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Lmk Property 2 Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Lmk Property 2 Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 103.4%, this is a higher level of debt than the average (67.9%)
103.4% - Lmk Property 2 Ltd
67.9% - Industry AVG
LMK PROPERTY 2 LTD financials
EXPORT
Lmk Property 2 Ltd's latest turnover from November 2023 is estimated at £14.3 thousand and the company has net assets of -£52.4 thousand. According to their latest financial statements, we estimate that Lmk Property 2 Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Nov 2023
Turnover
14,275
Other Income Or Grants
Cost Of Sales
9,915
Gross Profit
4,360
Admin Expenses
56,757
Operating Profit
-52,397
Interest Payable
Interest Receivable
Pre-Tax Profit
-52,397
Tax
Profit After Tax
-52,397
Dividends Paid
Retained Profit
-52,397
Employee Costs
32,201
Number Of Employees
1
EBITDA*
-52,397
* Earnings Before Interest, Tax, Depreciation and Amortisation
Nov 2023
Tangible Assets
1,540,941
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
1,540,941
Stock & work in progress
Trade Debtors
3,659
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets
3,659
total assets
1,544,600
Bank overdraft
Bank loan
Trade Creditors
5,100
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
5,100
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
1,591,897
provisions
total long term liabilities
1,591,897
total liabilities
1,596,997
net assets
-52,397
total shareholders funds
-52,397
Nov 2023
Operating Activities
Operating Profit
-52,397
Depreciation
Amortisation
Tax
Stock
Debtors
3,659
Creditors
5,100
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations
-50,956
Investing Activities
capital expenditure
-1,540,941
Change in Investments
cash flow from investments
-1,540,941
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
1,591,897
share issue
interest
cash flow from financing
1,591,897
cash and cash equivalents
cash
overdraft
change in cash
lmk property 2 ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for lmk property 2 ltd. Get real-time insights into lmk property 2 ltd's credit score, group structure and payment trends.
Perform a competitor analysis for lmk property 2 ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in CO1 area or any other competitors across 12 key performance metrics.
lmk property 2 ltd Ownership
LMK PROPERTY 2 LTD group structure
Lmk Property 2 Ltd has no subsidiary companies.
Ultimate parent company
LMK PROPERTY 2 LTD
14517152
LMK PROPERTY 2 LTD Shareholders
The largest shareholders in Lmk Property 2 Ltd include Leigh Residential Ltd and Savannah Tappenden.
leigh residential ltd
33.33%
savannah tappenden
33.33%
liam mcnamara
33.33%
lmk property 2 ltd directors
Lmk Property 2 Ltd currently has 2 directors.
The longest serving directors include
Mr Liam McNamara (Nov 2022) and
Mr Kevin Leigh (Nov 2022).
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2023
net assets
-52.4k
0%
total assets
1.5m
0%
cash
0
0%
net assets
Total assets minus all liabilities
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lmk property 2 ltd company details
company number
14517152
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
November 2022
age
3
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
November 2023
previous names
N/A
accountant
-
auditor
-
address
the old forge east street, colchester, CO1 2TP
Bank
-
Legal Advisor
-
lmk property 2 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 found 2 charges/mortgages relating to lmk property 2 ltd. Currently there are 2 open charges and 0 have been satisfied in the past.
lmk property 2 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.
Click to start generating capital raising & share issue transactions for LMK PROPERTY 2 LTD. This can take several minutes, an email will notify you when this has completed.
lmk property 2 ltdCompanies House Filings - See Documents
