lp promotions limited

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lp promotions limited Company Information

Share LP PROMOTIONS LIMITED
Live 
EstablishedSmallDeclining

Company Number

NI605070

Registered Address

aisling house, 50 stranmillis embankment, belfast, BT9 5FL

Industry

Other personal service activities n.e.c.

 

Telephone

-

Next Accounts Due

September 2024

Group Structure

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Directors

Patrick McCormack13 Years

Patrick McCormack13 Years

Shareholders

mr patrick mccormack 50%

mrs lesley herbert 50%

lp promotions limited Estimated Valuation

£696.6k

Pomanda estimates the enterprise value of LP PROMOTIONS LIMITED at £696.6k based on a Turnover of £1.1m and 0.63x industry multiple (adjusted for size and gross margin).

lp promotions limited Estimated Valuation

£0

Pomanda estimates the enterprise value of LP PROMOTIONS LIMITED at £0 based on an EBITDA of £-82 and a 4.53x industry multiple (adjusted for size and gross margin).

lp promotions limited Estimated Valuation

£0

Pomanda estimates the enterprise value of LP PROMOTIONS LIMITED at £0 based on Net Assets of £-1.2m and 2.98x industry multiple (adjusted for liquidity).

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Lp Promotions Limited Overview

Lp Promotions Limited is a live company located in belfast, BT9 5FL with a Companies House number of NI605070. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in November 2010, it's largest shareholder is mr patrick mccormack with a 50% stake. Lp Promotions Limited is a established, small sized company, Pomanda has estimated its turnover at £1.1m with declining growth in recent years.

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Lp Promotions Limited Health Check

Pomanda's financial health check has awarded Lp Promotions Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £1.1m, make it in line with the average company (£1.1m)

£1.1m - Lp Promotions Limited

£1.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (4.5%)

-2% - Lp Promotions Limited

4.5% - Industry AVG

production

Production

with a gross margin of 19.9%, this company has a higher cost of product (41.3%)

19.9% - Lp Promotions Limited

41.3% - Industry AVG

profitability

Profitability

an operating margin of 0% make it less profitable than the average company (7%)

0% - Lp Promotions Limited

7% - Industry AVG

employees

Employees

with 6 employees, this is below the industry average (15)

6 - Lp Promotions Limited

15 - Industry AVG

paystructure

Pay Structure

on an average salary of £32.1k, the company has an equivalent pay structure (£32.1k)

£32.1k - Lp Promotions Limited

£32.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £185k, this is more efficient (£95k)

£185k - Lp Promotions Limited

£95k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 4 days, this is earlier than average (31 days)

4 days - Lp Promotions Limited

31 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 493 days, this is slower than average (43 days)

493 days - Lp Promotions Limited

43 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Lp Promotions Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Lp Promotions Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 8188.3%, this is a higher level of debt than the average (47.2%)

8188.3% - Lp Promotions Limited

47.2% - Industry AVG

lp promotions limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Lp Promotions Limited Competitor Analysis

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Perform a competitor analysis for lp promotions limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.

lp promotions limited Ownership

LP PROMOTIONS LIMITED group structure

Lp Promotions Limited has no subsidiary companies.

Ultimate parent company

LP PROMOTIONS LIMITED

NI605070

LP PROMOTIONS LIMITED Shareholders

mr patrick mccormack 50%
mrs lesley herbert 50%

lp promotions limited directors

Lp Promotions Limited currently has 2 directors. The longest serving directors include Mr Patrick McCormack (Nov 2010) and Mr Patrick McCormack (Nov 2010).

officercountryagestartendrole
Mr Patrick McCormackUnited Kingdom57 years Nov 2010- Director
Mr Patrick McCormack57 years Nov 2010- Director

LP PROMOTIONS LIMITED financials

EXPORTms excel logo

Lp Promotions Limited's latest turnover from December 2022 is estimated at £1.1 million and the company has net assets of -£1.2 million. According to their latest financial statements, we estimate that Lp Promotions Limited has 6 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011
Turnover1,109,965986,4271,115,8311,192,8751,194,6461,185,9051,294,8701,352,5451,424,0031,323,0901,150,694527,561
Other Income Or Grants000000000000
Cost Of Sales889,179801,472909,175959,531964,741948,0011,025,7811,061,6191,124,6801,031,909899,641410,127
Gross Profit220,786184,954206,656233,344229,905237,904269,089290,926299,322291,181251,053117,434
Admin Expenses220,868185,029205,487233,417228,737241,337269,5671,629,926417,793506,93955,122-334,556
Operating Profit-82-751,169-731,168-3,433-478-1,339,000-118,471-215,758195,931451,990
Interest Payable000000000000
Interest Receivable000000025738012,8172,065
Pre-Tax Profit-82-751,169-731,168-3,433-478-1,338,975-118,398-214,957198,749454,055
Tax00-2220-22200000-47,700-118,054
Profit After Tax-82-75947-73946-3,433-478-1,338,975-118,398-214,957151,049336,001
Dividends Paid000000000000
Retained Profit-82-75947-73946-3,433-478-1,338,975-118,398-214,957151,049336,001
Employee Costs192,727184,831176,000202,193197,184188,457194,327212,731236,255209,113207,199102,515
Number Of Employees666777789884
EBITDA*-82-751,169-731,168-3,433-478-1,339,000-118,471-215,758195,931451,990

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011
Tangible Assets000000000000
Intangible Assets000000000000
Investments & Other000000000000
Debtors (Due After 1 year)000000001,334,1351,258,6601,222,6720
Total Fixed Assets000000001,334,1351,258,6601,222,6720
Stock & work in progress000000000000
Trade Debtors14,68214,76414,59414,07012,52311,06111,30112,7469,40526,70725,97014,047
Group Debtors000000000000
Misc Debtors000000000000
Cash00000003559,49619,637300,875826,018
misc current assets0000001,80000000
total current assets14,68214,76414,59414,07012,52311,06113,10113,10118,90146,344326,845840,065
total assets14,68214,76414,59414,07012,52311,06113,10113,1011,353,0361,305,0041,549,517840,065
Bank overdraft000000000000
Bank loan000000000000
Trade Creditors 1,202,2101,202,2101,201,9651,201,3681,199,7481,198,2121,196,0391,198,3791,199,3391,032,9091,062,465504,062
Group/Directors Accounts000000000000
other short term finances000000000000
hp & lease commitments000000000000
other current liabilities000000000000
total current liabilities1,202,2101,202,2101,201,9651,201,3681,199,7481,198,2121,196,0391,198,3791,199,3391,032,9091,062,465504,062
loans000000000000
hp & lease commitments000000000000
Accruals and Deferred Income0001,0201,0202,0402,82000000
other liabilities000000000000
provisions000000000000
total long term liabilities0001,0201,0202,0402,82000000
total liabilities1,202,2101,202,2101,201,9651,202,3881,200,7681,200,2521,198,8591,198,3791,199,3391,032,9091,062,465504,062
net assets-1,187,528-1,187,446-1,187,371-1,188,318-1,188,245-1,189,191-1,185,758-1,185,278153,697272,095487,052336,003
total shareholders funds-1,187,528-1,187,446-1,187,371-1,188,318-1,188,245-1,189,191-1,185,758-1,185,278153,697272,095487,052336,003
Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011
Operating Activities
Operating Profit-82-751,169-731,168-3,433-478-1,339,000-118,471-215,758195,931451,990
Depreciation000000000000
Amortisation000000000000
Tax00-2220-22200000-47,700-118,054
Stock000000000000
Debtors-821705241,5471,462-240-1,445-1,330,79458,17336,7251,234,59514,047
Creditors02455971,6201,5362,173-2,340-960166,430-29,556558,403504,062
Accruals and Deferred Income00-1,0200-1,020-7802,82000000
Deferred Taxes & Provisions000000000000
Cash flow from operations00000-1,8001,447-9,166-10,214-282,039-527,961823,951
Investing Activities
capital expenditure000000000000
Change in Investments000000000000
cash flow from investments000000000000
Financing Activities
Bank loans000000000000
Group/Directors Accounts000000000000
Other Short Term Loans 000000000000
Long term loans000000000000
Hire Purchase and Lease Commitments000000000000
other long term liabilities000000000000
share issue000000-200002
interest000000025738012,8172,065
cash flow from financing000000-225738012,8172,067
cash and cash equivalents
cash000000-355-9,141-10,141-281,238-525,143826,018
overdraft000000000000
change in cash000000-355-9,141-10,141-281,238-525,143826,018

P&L

December 2022

turnover

1.1m

+13%

operating profit

-82

0%

gross margin

19.9%

+6.09%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2022

net assets

-1.2m

0%

total assets

14.7k

-0.01%

cash

0

0%

net assets

Total assets minus all liabilities

lp promotions limited company details

company number

NI605070

Type

Private limited with Share Capital

industry

96090 - Other personal service activities n.e.c.

incorporation date

November 2010

age

14

accounts

Micro-Entity Accounts

ultimate parent company

None

previous names

lp carparks limited (February 2012)

incorporated

UK

address

aisling house, 50 stranmillis embankment, belfast, BT9 5FL

last accounts submitted

December 2022

lp promotions 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 did not find charges/mortgages relating to lp promotions limited.

charges

lp promotions limited Companies House Filings - See Documents

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