lagan building solutions limitedEstimated Valuation
£5.9m
Pomanda estimates the enterprise value of LAGAN BUILDING SOLUTIONS LIMITED at £5.9m based on a Turnover of £14.5m and 0.41x industry multiple (adjusted for size and gross margin).
lagan building solutions limitedEstimated Valuation
£7.3m
Pomanda estimates the enterprise value of LAGAN BUILDING SOLUTIONS LIMITED at £7.3m based on an EBITDA of £1.4m and a 5.05x industry multiple (adjusted for size and gross margin).
lagan building solutions limitedEstimated Valuation
£21.1m
Pomanda estimates the enterprise value of LAGAN BUILDING SOLUTIONS LIMITED at £21.1m based on Net Assets of £8m and 2.62x industry multiple (adjusted for liquidity).
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Lagan Building Solutions LimitedOverview
Lagan Building Solutions Limited is a live company located in belfast, BT1 3BG with a Companies House number of NI042009. It operates in the non-specialised wholesale trade sector, SIC Code 46900. Founded in November 2001, it's largest shareholder is
mr peter gerard lagan
with a 100% stake. Lagan Building Solutions Limited is a mature,
mid sized company, Pomanda has estimated its turnover at
£14.5m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Lagan Building Solutions Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 2 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
5 Strong
5 Regular
2 Weak
Size
annual sales of £14.5m, make it in line with the average company (£15.2m)
£14.5m - Lagan Building Solutions Limited
£15.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a similar rate (7.8%)
6% - Lagan Building Solutions Limited
7.8% - Industry AVG
Production
with a gross margin of 25.4%, this company has a comparable cost of product (27.4%)
25.4% - Lagan Building Solutions Limited
27.4% - Industry AVG
Profitability
an operating margin of 9% make it more profitable than the average company (5%)
9% - Lagan Building Solutions Limited
5% - Industry AVG
Employees
with 23 employees, this is below the industry average (37)
23 - Lagan Building Solutions Limited
37 - Industry AVG
Pay Structure
on an average salary of £52.9k, the company has an equivalent pay structure (£44.1k)
£52.9k - Lagan Building Solutions Limited
£44.1k - Industry AVG
Efficiency
resulting in sales per employee of £629.7k, this is more efficient (£370.9k)
£629.7k - Lagan Building Solutions Limited
£370.9k - Industry AVG
Debtor Days
it gets paid by customers after 51 days, this is near the average (50 days)
51 days - Lagan Building Solutions Limited
50 days - Industry AVG
Creditor Days
its suppliers are paid after 40 days, this is slower than average (32 days)
40 days - Lagan Building Solutions Limited
32 days - Industry AVG
Stock Days
it holds stock equivalent to 132 days, this is more than average (72 days)
132 days - Lagan Building Solutions Limited
72 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 52 weeks, this is more cash available to meet short term requirements (16 weeks)
52 weeks - Lagan Building Solutions Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 22.4%, this is a lower level of debt than the average (46.6%)
22.4% - Lagan Building Solutions Limited
46.6% - Industry AVG
LAGAN BUILDING SOLUTIONS LIMITED financials
EXPORT
Lagan Building Solutions Limited's latest turnover from March 2024 is £14.5 million and the company has net assets of £8 million. According to their latest financial statements, Lagan Building Solutions Limited has 23 employees and maintains cash reserves of £2.3 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Turnover
14,482,683
15,999,702
14,926,729
12,046,829
11,677,400
13,697,303
9,773,508
10,498,643
8,681,068
13,737,485
8,356,964
9,227,750
6,824,449
7,732,709
6,924,345
Other Income Or Grants
Cost Of Sales
10,808,258
12,015,123
11,126,132
9,018,252
8,572,991
10,037,571
7,218,598
7,632,706
6,236,353
9,924,043
6,042,306
6,618,253
5,399,261
6,135,368
5,527,767
Gross Profit
3,674,425
3,984,579
3,800,597
3,028,577
3,104,409
3,659,732
2,554,911
2,865,936
2,444,715
3,813,442
2,314,658
2,609,496
1,425,188
1,597,341
1,396,578
Admin Expenses
2,366,885
2,285,914
2,204,856
1,824,286
2,057,866
2,837,500
1,739,882
3,423,294
2,124,634
3,288,120
1,923,753
2,309,352
1,299,028
1,333,111
1,380,935
Operating Profit
1,307,540
1,698,665
1,595,741
1,204,291
1,046,543
822,232
815,029
-557,358
320,081
525,322
390,905
300,144
126,160
264,230
15,643
Interest Payable
50,121
2
3,789
5,883
36,399
46,891
69,340
52,253
Interest Receivable
75,193
956
3,763
2,372
1,364
8,035
10,598
6,633
4,806
1,150
4,742
1,914
Pre-Tax Profit
1,332,612
1,699,621
1,595,739
1,200,502
1,040,660
825,995
817,400
-555,994
328,116
535,920
397,538
268,551
80,419
199,632
-34,696
Tax
-191,827
-255,461
-312,377
-227,611
-214,206
-156,939
-155,306
-65,623
-112,543
-91,434
-64,452
-17,080
-36,686
-40,027
Profit After Tax
1,140,785
1,444,160
1,283,362
972,891
826,454
669,056
662,094
-555,994
262,493
423,377
306,104
204,099
63,339
162,946
-74,723
Dividends Paid
55,000
130,002
162,324
72,001
96,391
11,092
37,859
90,214
Retained Profit
1,085,785
1,314,158
1,121,038
900,890
730,063
669,056
662,094
-555,994
262,493
423,377
306,104
204,099
52,247
125,087
-164,937
Employee Costs
1,217,162
1,174,008
1,130,148
1,076,204
1,029,580
730,572
571,426
594,572
1,017,283
1,513,491
959,672
1,041,056
718,946
689,492
689,682
Number Of Employees
23
23
24
23
22
20
16
17
30
46
29
32
19
15
14
EBITDA*
1,439,161
1,803,159
1,725,209
1,322,223
1,168,443
919,713
897,417
-481,932
379,353
580,912
459,595
368,556
205,717
355,149
112,712
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Tangible Assets
339,776
341,460
199,746
191,141
297,971
298,023
253,340
209,667
178,694
171,233
132,900
192,790
187,999
163,467
200,903
Intangible Assets
Investments & Other
1
1
1
1
1
1
1
1
1
1
1
Debtors (Due After 1 year)
Total Fixed Assets
339,777
341,461
199,747
191,142
297,972
298,023
253,341
209,668
178,695
171,234
132,901
192,791
187,999
163,467
200,903
Stock & work in progress
3,921,795
4,092,636
4,165,274
2,217,339
2,190,858
2,372,451
1,922,180
2,022,690
1,603,398
1,476,954
1,240,100
995,488
1,479,973
2,138,260
1,984,043
Trade Debtors
2,033,074
2,192,004
2,370,167
2,163,833
2,673,448
2,621,584
1,906,342
1,661,869
1,485,666
1,807,937
1,028,676
1,333,590
921,685
1,117,727
1,180,323
Group Debtors
1,555,032
1,438,190
787,736
46,136
46,136
Misc Debtors
219,835
270,935
73,732
771,787
45,968
37,307
38,742
113,039
Cash
2,295,252
1,739,130
1,811,062
2,422,962
1,533,991
683,592
319,892
628,706
462,667
2,751,342
1,487,824
1,165,352
757,222
935,422
422,751
misc current assets
3,144
22,115
30,197
total current assets
10,024,988
9,736,039
9,207,971
7,644,172
6,520,598
5,677,627
4,148,414
4,313,265
3,551,731
6,036,233
3,756,600
3,494,430
3,196,187
4,230,151
3,700,156
total assets
10,364,765
10,077,500
9,407,718
7,835,314
6,818,570
5,975,650
4,401,755
4,522,933
3,730,426
6,207,467
3,889,501
3,687,221
3,384,186
4,393,618
3,901,059
Bank overdraft
194,531
371,890
443,850
460,595
770,242
1,119,973
1,946,155
1,628,383
Bank loan
Trade Creditors
1,198,464
1,245,167
1,907,009
1,540,533
1,262,505
2,933,500
2,022,107
2,814,163
1,472,018
4,032,828
2,318,028
2,415,790
955,392
1,007,067
985,330
Group/Directors Accounts
3,932
other short term finances
17,995
hp & lease commitments
24,229
24,231
65,914
other current liabilities
876,509
1,316,526
1,404,521
1,269,732
1,021,616
234,429
390,333
320,483
total current liabilities
2,269,504
2,933,583
3,755,380
3,288,855
3,054,363
2,933,500
2,022,107
2,814,163
1,472,018
4,032,828
2,318,028
2,415,790
2,334,023
3,371,718
3,000,110
loans
hp & lease commitments
9,199
19,443
22,030
Accruals and Deferred Income
174,252
other liabilities
2,262
14,117
26,368
provisions
52,914
45,959
17,402
5,140
21,951
36,511
27,727
21,371
23,581
6,189
total long term liabilities
52,914
45,959
17,402
5,140
21,951
29,957
36,511
27,727
21,371
200,095
20,306
26,368
9,199
19,443
22,030
total liabilities
2,322,418
2,979,542
3,772,782
3,293,995
3,076,314
2,963,457
2,058,618
2,841,890
1,493,389
4,232,923
2,338,334
2,442,158
2,343,222
3,391,161
3,022,140
net assets
8,042,347
7,097,958
5,634,936
4,541,319
3,742,256
3,012,193
2,343,137
1,681,043
2,237,037
1,974,544
1,551,167
1,245,063
1,040,964
1,002,457
878,919
total shareholders funds
8,042,347
7,097,958
5,634,936
4,541,319
3,742,256
3,012,193
2,343,137
1,681,043
2,237,037
1,974,544
1,551,167
1,245,063
1,040,964
1,002,457
878,919
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Operating Activities
Operating Profit
1,307,540
1,698,665
1,595,741
1,204,291
1,046,543
822,232
815,029
-557,358
320,081
525,322
390,905
300,144
126,160
264,230
15,643
Depreciation
131,621
104,494
129,468
117,932
121,900
97,481
82,388
75,426
59,272
55,590
68,690
68,412
79,557
90,919
97,069
Amortisation
Tax
-191,827
-255,461
-312,377
-227,611
-214,206
-156,939
-155,306
-65,623
-112,543
-91,434
-64,452
-17,080
-36,686
-40,027
Stock
-170,841
-72,638
1,947,935
26,481
-181,593
450,271
-100,510
419,292
126,444
236,854
244,612
-484,485
-658,287
154,217
1,984,043
Debtors
-93,188
669,494
249,879
216,204
143,968
715,242
244,473
176,203
-322,271
779,261
-304,914
374,598
-197,477
-136,893
1,293,362
Creditors
-46,703
-661,842
366,476
278,028
-1,670,995
911,393
-792,056
1,342,145
-2,560,810
1,714,800
-97,762
1,460,398
-51,675
21,737
985,330
Accruals and Deferred Income
-440,017
-87,995
134,789
248,116
1,021,616
-174,252
174,252
-234,429
-155,904
69,850
320,483
Deferred Taxes & Provisions
6,955
28,557
12,262
-16,811
21,951
-36,511
8,784
6,356
-2,210
17,392
6,189
Cash flow from operations
1,031,598
229,562
-271,455
1,361,260
364,434
472,143
-185,124
271,074
-2,227,715
1,358,698
336,890
1,639,960
836,822
392,726
-1,898,907
Investing Activities
capital expenditure
-142,164
-126,061
-106,399
-66,733
-93,923
-8,800
-73,203
-76,525
-78,936
-20,006
Change in Investments
1
-1
1
cash flow from investments
-1
-142,163
-126,061
-106,399
-66,733
-93,923
-8,800
-73,204
-76,525
-78,936
-20,006
Financing Activities
Bank loans
Group/Directors Accounts
-3,932
3,932
Other Short Term Loans
-17,995
17,995
Long term loans
Hire Purchase and Lease Commitments
-33,428
-10,246
-44,270
87,944
other long term liabilities
-2,262
-11,855
-12,251
26,368
share issue
-141,396
148,864
-27,421
-101,827
-13,740
-1,549
1,043,856
interest
25,072
956
-2
-3,789
-5,883
3,763
2,372
1,364
8,035
10,598
6,633
-31,593
-45,741
-64,598
-50,339
cash flow from financing
-116,324
149,820
-45,418
-87,621
-5,883
3,763
2,372
1,364
5,773
-1,257
-5,618
-38,653
-73,659
-106,485
1,081,461
cash and cash equivalents
cash
556,122
-71,932
-611,900
888,971
850,399
363,700
-308,814
166,039
-2,288,675
1,263,518
322,472
408,130
-178,200
512,671
422,751
overdraft
-177,359
-71,960
-16,745
-309,647
770,242
-1,119,973
-826,182
317,772
1,628,383
change in cash
733,481
28
-595,155
1,198,618
80,157
363,700
-308,814
166,039
-2,288,675
1,263,518
322,472
1,528,103
647,982
194,899
-1,205,632
lagan building solutions limited 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 lagan building solutions limited. Get real-time insights into lagan building solutions limited's credit score, group structure and payment trends.
Lagan Building Solutions Limited Competitor Analysis
Perform a competitor analysis for lagan building solutions limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mid companies, companies in BT1 area or any other competitors across 12 key performance metrics.
lagan building solutions limited Ownership
LAGAN BUILDING SOLUTIONS LIMITED group structure
Lagan Building Solutions Limited has no subsidiary companies.
Ultimate parent company
LAGAN BUILDING SOLUTIONS LIMITED
NI042009
LAGAN BUILDING SOLUTIONS LIMITED Shareholders
The sole shareholder of Lagan Building Solutions Limited is Mr Peter Gerard Lagan.
mr peter gerard lagan
100%
lagan building solutions limited directors
Lagan Building Solutions Limited currently has 2 directors.
The longest serving directors include
Mr Peter Lagan (Mar 2002) and
Mr Kevin Fisher (Sep 2018).
lagan building solutions 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 2 charges/mortgages relating to lagan building solutions limited. Currently there are 0 open charges and 2 have been satisfied in the past.
lagan building solutions 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.
Click to start generating capital raising & share issue transactions for LAGAN BUILDING SOLUTIONS LIMITED. This can take several minutes, an email will notify you when this has completed.
lagan building solutions limitedCompanies House Filings - See Documents
