lagpor developments limited
lagpor developments limited Company Information
Company Number
NI644519
Next Accounts
Sep 2025
Shareholders
lagan homes limited
jw & j porter ltd
Group Structure
View All
Industry
Development of building projects
+1Registered Address
lagan house clarendon road, belfast, BT1 3BG
Website
lagan-homes.comlagpor developments limited Estimated Valuation
Pomanda estimates the enterprise value of LAGPOR DEVELOPMENTS LIMITED at £2m based on a Turnover of £1.1m and 1.81x industry multiple (adjusted for size and gross margin).
lagpor developments limited Estimated Valuation
Pomanda estimates the enterprise value of LAGPOR DEVELOPMENTS LIMITED at £4 based on an EBITDA of £0 and a 5.3x industry multiple (adjusted for size and gross margin).
lagpor developments limited Estimated Valuation
Pomanda estimates the enterprise value of LAGPOR DEVELOPMENTS LIMITED at £0 based on Net Assets of £-47 and 1.49x industry multiple (adjusted for liquidity).
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Lagpor Developments Limited Overview
Lagpor Developments Limited is a live company located in belfast, BT1 3BG with a Companies House number of NI644519. It operates in the development of building projects sector, SIC Code 41100. Founded in March 2017, it's largest shareholder is lagan homes limited with a 50% stake. Lagpor Developments Limited is a young, small sized company, Pomanda has estimated its turnover at £1.1m with rapid growth in recent years.
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Lagpor Developments Limited Health Check
Pomanda's financial health check has awarded Lagpor Developments Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 4 areas for improvement. Company Health Check FAQs
1 Strong
4 Regular
4 Weak
Size
annual sales of £1.1m, make it smaller than the average company (£1.7m)
- Lagpor Developments Limited
£1.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 35%, show it is growing at a faster rate (3.8%)
- Lagpor Developments Limited
3.8% - Industry AVG
Production
with a gross margin of 48.7%, this company has a comparable cost of product (48.7%)
- Lagpor Developments Limited
48.7% - Industry AVG
Profitability
an operating margin of 0% make it less profitable than the average company (15.4%)
- Lagpor Developments Limited
15.4% - Industry AVG
Employees
with 5 employees, this is similar to the industry average (5)
- Lagpor Developments Limited
5 - Industry AVG
Pay Structure
on an average salary of £43.1k, the company has an equivalent pay structure (£43.1k)
- Lagpor Developments Limited
£43.1k - Industry AVG
Efficiency
resulting in sales per employee of £216.4k, this is equally as efficient (£237.9k)
- Lagpor Developments Limited
£237.9k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Lagpor Developments Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Lagpor Developments Limited
- - Industry AVG
Stock Days
it holds stock equivalent to 1486 days, this is more than average (272 days)
- Lagpor Developments Limited
272 days - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Lagpor Developments Limited
- - 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 (68.9%)
100% - Lagpor Developments Limited
68.9% - Industry AVG
LAGPOR DEVELOPMENTS LIMITED financials
Lagpor Developments Limited's latest turnover from December 2023 is estimated at £1.1 million and the company has net assets of -£47. According to their latest financial statements, we estimate that Lagpor Developments Limited has 5 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|---|
| 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 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | |||||||
| Intangible Assets | |||||||
| Investments & Other | |||||||
| Debtors (Due After 1 year) | |||||||
| Total Fixed Assets | |||||||
| Stock & work in progress | 2,259,707 | 2,259,707 | 2,230,510 | 2,097,803 | |||
| Trade Debtors | |||||||
| Group Debtors | |||||||
| Misc Debtors | 10 | 10 | 10 | 10 | |||
| Cash | 10 | 10 | |||||
| misc current assets | |||||||
| total current assets | 2,259,717 | 2,259,717 | 2,230,520 | 2,097,813 | 10 | 10 | |
| total assets | 2,259,717 | 2,259,717 | 2,230,520 | 2,097,813 | 10 | 10 | |
| Bank overdraft | 7 | 7 | 7 | 6 | |||
| Bank loan | |||||||
| Trade Creditors | 47,771 | 87,992 | |||||
| Group/Directors Accounts | 2,259,757 | 2,259,757 | 2,182,831 | 2,009,848 | |||
| other short term finances | |||||||
| hp & lease commitments | |||||||
| other current liabilities | |||||||
| total current liabilities | 2,259,764 | 2,259,764 | 2,230,609 | 2,097,846 | |||
| loans | |||||||
| hp & lease commitments | |||||||
| Accruals and Deferred Income | |||||||
| other liabilities | |||||||
| provisions | |||||||
| total long term liabilities | |||||||
| total liabilities | 2,259,764 | 2,259,764 | 2,230,609 | 2,097,846 | |||
| net assets | -47 | -47 | -89 | -33 | 10 | 10 | |
| total shareholders funds | -47 | -47 | -89 | -33 | 10 | 10 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | |||||||
| Amortisation | |||||||
| Tax | |||||||
| Stock | 29,197 | 132,707 | 2,097,803 | ||||
| Debtors | 10 | ||||||
| Creditors | -47,771 | -40,221 | 87,992 | ||||
| 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 | 76,926 | 172,983 | 2,009,848 | ||||
| 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 | -10 | 10 | 10 | ||||
| overdraft | 1 | 6 | |||||
| change in cash | -1 | -16 | 10 | 10 |
lagpor developments limited Credit Report and Business Information
Lagpor Developments Limited Competitor Analysis
Perform a competitor analysis for lagpor developments limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in BT1 area or any other competitors across 12 key performance metrics.
lagpor developments limited Ownership
LAGPOR DEVELOPMENTS LIMITED group structure
Lagpor Developments Limited has no subsidiary companies.
Ultimate parent company
LAGPOR DEVELOPMENTS LIMITED
NI644519
lagpor developments limited directors
Lagpor Developments Limited currently has 4 directors. The longest serving directors include Mr William Porter (Jul 2017) and Mr Conor Mulligan (Jul 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr William Porter | Northern Ireland | 63 years | Jul 2017 | - | Director |
| Mr Conor Mulligan | Northern Ireland | 55 years | Jul 2017 | - | Director |
| Mr Sean McCann | Northern Ireland | 58 years | Jul 2017 | - | Director |
| Mr Richard Stack | Northern Ireland | 48 years | May 2024 | - | Director |
P&L
December 2023turnover
1.1m
+9%
operating profit
0.8
0%
gross margin
48.8%
+1.13%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-47
0%
total assets
2.3m
0%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
lagpor developments limited company details
company number
NI644519
Type
Private limited with Share Capital
industry
41100 - Development of building projects
68100 - Buying and selling of own real estate
incorporation date
March 2017
age
8
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
N/A
accountant
BMK ACCOUNTING LIMITED
auditor
-
address
lagan house clarendon road, belfast, BT1 3BG
Bank
-
Legal Advisor
-
lagpor developments 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 lagpor developments limited.
lagpor developments 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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lagpor developments limited Companies House Filings - See Documents
| date | description | view/download |
|---|
