licensing services limited
licensing services limited Company Information
Company Number
SC135915
Next Accounts
Dec 2025
Shareholders
josephine margaret cummins
john carlisle cummins
Group Structure
View All
Industry
Publishing of learned journals
+1Registered Address
caledonia house, 89 seaward street, glasgow, G41 1HJ
Website
www.thelicensingcompany.comlicensing services limited Estimated Valuation
Pomanda estimates the enterprise value of LICENSING SERVICES LIMITED at £176.6k based on a Turnover of £259.4k and 0.68x industry multiple (adjusted for size and gross margin).
licensing services limited Estimated Valuation
Pomanda estimates the enterprise value of LICENSING SERVICES LIMITED at £13.2k based on an EBITDA of £3.6k and a 3.7x industry multiple (adjusted for size and gross margin).
licensing services limited Estimated Valuation
Pomanda estimates the enterprise value of LICENSING SERVICES LIMITED at £77.6k based on Net Assets of £46k and 1.69x industry multiple (adjusted for liquidity).
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Licensing Services Limited Overview
Licensing Services Limited is a live company located in glasgow, G41 1HJ with a Companies House number of SC135915. It operates in the publishing of learned journals sector, SIC Code 58141. Founded in January 1992, it's largest shareholder is josephine margaret cummins with a 50% stake. Licensing Services Limited is a mature, micro sized company, Pomanda has estimated its turnover at £259.4k with healthy growth in recent years.
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Licensing Services Limited Health Check
Pomanda's financial health check has awarded Licensing Services Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
4 Weak
Size
annual sales of £259.4k, make it smaller than the average company (£781.8k)
- Licensing Services Limited
£781.8k - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a slower rate (13.3%)
- Licensing Services Limited
13.3% - Industry AVG
Production
with a gross margin of 59.3%, this company has a comparable cost of product (59.3%)
- Licensing Services Limited
59.3% - Industry AVG
Profitability
an operating margin of 1.3% make it less profitable than the average company (7.7%)
- Licensing Services Limited
7.7% - Industry AVG
Employees
with 2 employees, this is below the industry average (10)
2 - Licensing Services Limited
10 - Industry AVG
Pay Structure
on an average salary of £53.1k, the company has an equivalent pay structure (£53.1k)
- Licensing Services Limited
£53.1k - Industry AVG
Efficiency
resulting in sales per employee of £129.7k, this is equally as efficient (£129.7k)
- Licensing Services Limited
£129.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Licensing Services Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Licensing Services Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Licensing Services Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 129 weeks, this is more cash available to meet short term requirements (48 weeks)
129 weeks - Licensing Services Limited
48 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 39.6%, this is a lower level of debt than the average (48.6%)
39.6% - Licensing Services Limited
48.6% - Industry AVG
LICENSING SERVICES LIMITED financials
Licensing Services Limited's latest turnover from March 2024 is estimated at £259.4 thousand and the company has net assets of £46 thousand. According to their latest financial statements, Licensing Services Limited has 2 employees and maintains cash reserves of £74.4 thousand 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 | |||||||||||||||
| 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 | 2 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | |||||||
| EBITDA* |
* 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 | 1,666 | 968 | 983 | 1,031 | 1,456 | 1,514 | 512 | 901 | 1,202 | 1,013 | 1,351 | 692 | 684 | 910 | 1,214 |
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 1,666 | 968 | 983 | 1,031 | 1,456 | 1,514 | 512 | 901 | 1,202 | 1,013 | 1,351 | 692 | 684 | 910 | 1,214 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | |||||||||||||||
| Group Debtors | |||||||||||||||
| Misc Debtors | 1,330 | ||||||||||||||
| Cash | 74,401 | 68,651 | 65,327 | 65,415 | 72,296 | 65,896 | 43,717 | 35,170 | 17,976 | 11,654 | 15,511 | 9,803 | 23,085 | 33,833 | 44,879 |
| misc current assets | |||||||||||||||
| total current assets | 74,401 | 68,651 | 65,327 | 65,415 | 73,626 | 65,896 | 43,717 | 35,170 | 17,976 | 11,654 | 15,511 | 9,803 | 23,085 | 33,833 | 44,879 |
| total assets | 76,067 | 69,619 | 66,310 | 66,446 | 75,082 | 67,410 | 44,229 | 36,071 | 19,178 | 12,667 | 16,862 | 10,495 | 23,769 | 34,743 | 46,093 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 12,441 | 16,365 | 10,256 | 23,030 | 33,985 | 44,938 | |||||||||
| Group/Directors Accounts | 24,400 | 23,543 | 27,563 | 11,507 | |||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 29,778 | 28,768 | 26,457 | 20,976 | 24,267 | 8,127 | 7,400 | 6,352 | 7,307 | ||||||
| total current liabilities | 29,778 | 28,768 | 26,457 | 20,976 | 24,267 | 32,527 | 30,943 | 33,915 | 18,814 | 12,441 | 16,365 | 10,256 | 23,030 | 33,985 | 44,938 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 317 | 184 | 196 | 196 | 277 | 288 | 128 | 180 | 240 | 203 | 270 | 138 | 136 | 191 | 85 |
| total long term liabilities | 317 | 184 | 196 | 196 | 277 | 288 | 128 | 180 | 240 | 203 | 270 | 138 | 136 | 191 | 85 |
| total liabilities | 30,095 | 28,952 | 26,653 | 21,172 | 24,544 | 32,815 | 31,071 | 34,095 | 19,054 | 12,644 | 16,635 | 10,394 | 23,166 | 34,176 | 45,023 |
| net assets | 45,972 | 40,667 | 39,657 | 45,274 | 50,538 | 34,595 | 13,158 | 1,976 | 124 | 23 | 227 | 101 | 603 | 567 | 1,070 |
| total shareholders funds | 45,972 | 40,667 | 39,657 | 45,274 | 50,538 | 34,595 | 13,158 | 1,976 | 124 | 23 | 227 | 101 | 603 | 567 | 1,070 |
| 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 | |||||||||||||||
| Depreciation | 250 | 343 | 367 | 425 | 576 | 189 | 170 | 301 | 401 | 338 | 451 | 230 | 226 | 304 | 405 |
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | |||||||||||||||
| Debtors | -1,330 | 1,330 | |||||||||||||
| Creditors | -12,441 | -3,924 | 6,109 | -12,774 | -10,955 | -10,953 | 44,938 | ||||||||
| Accruals and Deferred Income | 1,010 | 2,311 | 5,481 | -3,291 | 16,140 | 727 | 1,048 | -955 | 7,307 | ||||||
| Deferred Taxes & Provisions | 133 | -12 | -81 | -11 | 160 | -52 | -60 | 37 | -67 | 132 | 2 | -55 | 106 | 85 | |
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -24,400 | 857 | -4,020 | 16,056 | 11,507 | ||||||||||
| 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 | 5,750 | 3,324 | -88 | -6,881 | 6,400 | 22,179 | 8,547 | 17,194 | 6,322 | -3,857 | 5,708 | -13,282 | -10,748 | -11,046 | 44,879 |
| overdraft | |||||||||||||||
| change in cash | 5,750 | 3,324 | -88 | -6,881 | 6,400 | 22,179 | 8,547 | 17,194 | 6,322 | -3,857 | 5,708 | -13,282 | -10,748 | -11,046 | 44,879 |
licensing services limited Credit Report and Business Information
Licensing Services Limited Competitor Analysis
Perform a competitor analysis for licensing services limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in G41 area or any other competitors across 12 key performance metrics.
licensing services limited Ownership
LICENSING SERVICES LIMITED group structure
Licensing Services Limited has no subsidiary companies.
Ultimate parent company
LICENSING SERVICES LIMITED
SC135915
licensing services limited directors
Licensing Services Limited currently has 2 directors. The longest serving directors include Mr John Cummins (Jan 1992) and Ms Josephine Cummins (Feb 1995).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Cummins | 72 years | Jan 1992 | - | Director | |
| Ms Josephine Cummins | Scotland | 69 years | Feb 1995 | - | Director |
P&L
March 2024turnover
259.4k
+126%
operating profit
3.3k
0%
gross margin
59.3%
-2.49%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
46k
+0.13%
total assets
76.1k
+0.09%
cash
74.4k
+0.08%
net assets
Total assets minus all liabilities
licensing services limited company details
company number
SC135915
Type
Private limited with Share Capital
industry
58141 - Publishing of learned journals
82302 - Activities of conference organizers
incorporation date
January 1992
age
33
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
caledonia house, 89 seaward street, glasgow, G41 1HJ
Bank
CLYDESDALE BANK
Legal Advisor
-
licensing services 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 licensing services limited.
licensing services 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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licensing services limited Companies House Filings - See Documents
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