lanrig development company limited
lanrig development company limited Company Information
Company Number
SC180414
Next Accounts
97 days late
Shareholders
st enoch estates limited
gercin limited
View AllGroup Structure
View All
Industry
Development of building projects
Registered Address
mitchells roberton george house, 36 north hanover street, glasgow, G1 2AD
Website
-lanrig development company limited Estimated Valuation
Pomanda estimates the enterprise value of LANRIG DEVELOPMENT COMPANY LIMITED at £218.1k based on a Turnover of £460.2k and 0.47x industry multiple (adjusted for size and gross margin).
lanrig development company limited Estimated Valuation
Pomanda estimates the enterprise value of LANRIG DEVELOPMENT COMPANY LIMITED at £0 based on an EBITDA of £-48.7k and a 3.75x industry multiple (adjusted for size and gross margin).
lanrig development company limited Estimated Valuation
Pomanda estimates the enterprise value of LANRIG DEVELOPMENT COMPANY LIMITED at £595.4k based on Net Assets of £421.4k and 1.41x industry multiple (adjusted for liquidity).
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Lanrig Development Company Limited Overview
Lanrig Development Company Limited is a live company located in glasgow, G1 2AD with a Companies House number of SC180414. It operates in the development of building projects sector, SIC Code 41100. Founded in November 1997, it's largest shareholder is st enoch estates limited with a 22.2% stake. Lanrig Development Company Limited is a mature, micro sized company, Pomanda has estimated its turnover at £460.2k with low growth in recent years.
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Lanrig Development Company Limited Health Check
Pomanda's financial health check has awarded Lanrig Development Company Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
5 Weak
Size
annual sales of £460.2k, make it smaller than the average company (£2.2m)
- Lanrig Development Company Limited
£2.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a similar rate (2.3%)
- Lanrig Development Company Limited
2.3% - Industry AVG
Production
with a gross margin of 25.9%, this company has a comparable cost of product (25.9%)
- Lanrig Development Company Limited
25.9% - Industry AVG
Profitability
an operating margin of -10.6% make it less profitable than the average company (8.4%)
- Lanrig Development Company Limited
8.4% - Industry AVG
Employees
with 4 employees, this is below the industry average (6)
4 - Lanrig Development Company Limited
6 - Industry AVG
Pay Structure
on an average salary of £46k, the company has an equivalent pay structure (£46k)
- Lanrig Development Company Limited
£46k - Industry AVG
Efficiency
resulting in sales per employee of £115k, this is less efficient (£270.9k)
- Lanrig Development Company Limited
£270.9k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Lanrig Development Company Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 3 days, this is quicker than average (30 days)
- Lanrig Development Company Limited
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Lanrig Development Company Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 705 weeks, this is more cash available to meet short term requirements (14 weeks)
705 weeks - Lanrig Development Company Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 5.4%, this is a lower level of debt than the average (73.9%)
5.4% - Lanrig Development Company Limited
73.9% - Industry AVG
LANRIG DEVELOPMENT COMPANY LIMITED financials
Lanrig Development Company Limited's latest turnover from March 2023 is estimated at £460.2 thousand and the company has net assets of £421.4 thousand. According to their latest financial statements, Lanrig Development Company Limited has 4 employees and maintains cash reserves of £327.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| 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 | Nov 2009 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 4 | 4 | 4 | 4 | 5 | 5 | 5 | 5 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| 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 | Nov 2009 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | |||||||||||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | 104,147 | 105,104 | 135,942 | 136,604 | 199,897 | 206,516 | 194,299 | 271,827 | 235,486 | 221,500 | 221,500 | 221,500 | 221,500 | 200,000 | |
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 104,147 | 105,104 | 135,942 | 136,604 | 199,897 | 206,516 | 194,299 | 271,827 | 235,486 | 221,500 | 221,500 | 221,500 | 221,500 | 200,000 | |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 67,852 | 57,008 | 16,651 | 19,238 | 3,957 | 37,000 | |||||||||
| Group Debtors | |||||||||||||||
| Misc Debtors | 14,063 | 14,064 | 14,064 | 49,479 | 48,163 | 60,459 | 58,700 | 66,384 | |||||||
| Cash | 327,301 | 327,050 | 296,236 | 289,328 | 182,992 | 132,841 | 125,657 | 82,620 | 118,662 | 101,136 | 99,271 | 116,645 | 95,974 | 129,057 | 129,057 |
| misc current assets | 150,180 | 150,180 | 150,180 | 150,180 | 387,180 | 150,180 | |||||||||
| total current assets | 341,364 | 341,114 | 310,300 | 338,807 | 231,155 | 193,300 | 184,357 | 149,004 | 186,514 | 308,324 | 266,102 | 286,063 | 250,111 | 516,237 | 316,237 |
| total assets | 445,511 | 446,218 | 446,242 | 475,411 | 431,052 | 399,816 | 378,656 | 420,831 | 422,000 | 529,824 | 487,602 | 507,563 | 471,611 | 516,237 | 516,237 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 3,168 | 3,480 | 3,240 | 480 | 59,095 | 17,440 | 23,295 | 14,530 | 11,440 | 7,191 | 7,190 | ||||
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 20,949 | 20,829 | 18,509 | 17,776 | 15,656 | 12,624 | 13,040 | 11,566 | |||||||
| total current liabilities | 24,117 | 24,309 | 21,749 | 18,256 | 15,656 | 12,624 | 13,040 | 11,566 | 59,095 | 17,440 | 23,295 | 14,530 | 11,440 | 7,191 | 7,190 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | |||||||||||||||
| total liabilities | 24,117 | 24,309 | 21,749 | 18,256 | 15,656 | 12,624 | 13,040 | 11,566 | 59,095 | 17,440 | 23,295 | 14,530 | 11,440 | 7,191 | 7,190 |
| net assets | 421,394 | 421,909 | 424,493 | 457,155 | 415,396 | 387,192 | 365,616 | 409,265 | 362,905 | 512,384 | 464,307 | 493,033 | 460,171 | 509,046 | 509,047 |
| total shareholders funds | 421,394 | 421,909 | 424,493 | 457,155 | 415,396 | 387,192 | 365,616 | 409,265 | 362,905 | 512,384 | 464,307 | 493,033 | 460,171 | 509,046 | 509,047 |
| 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 | Nov 2009 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | |||||||||||||||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | |||||||||||||||
| Debtors | -1 | -35,415 | 1,316 | -12,296 | 1,759 | -7,684 | -1,468 | 10,844 | 40,357 | -2,587 | 15,281 | 3,957 | 37,000 | ||
| Creditors | -312 | 240 | 2,760 | 480 | -59,095 | 41,655 | -5,855 | 8,765 | 3,090 | 11,440 | 7,191 | 7,190 | |||
| Accruals and Deferred Income | 120 | 2,320 | 733 | 2,120 | 3,032 | -416 | 1,474 | 11,566 | |||||||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | -957 | -30,838 | -662 | -63,293 | -6,619 | 12,217 | -77,528 | 36,341 | 13,986 | 221,500 | 200,000 | ||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| 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 | 251 | 30,814 | 6,908 | 106,336 | 50,151 | 7,184 | 43,037 | -36,042 | 17,526 | 1,865 | -17,374 | 20,671 | 95,974 | 129,057 | 129,057 |
| overdraft | |||||||||||||||
| change in cash | 251 | 30,814 | 6,908 | 106,336 | 50,151 | 7,184 | 43,037 | -36,042 | 17,526 | 1,865 | -17,374 | 20,671 | 95,974 | 129,057 | 129,057 |
lanrig development company limited Credit Report and Business Information
Lanrig Development Company Limited Competitor Analysis
Perform a competitor analysis for lanrig development company limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in G 1 area or any other competitors across 12 key performance metrics.
lanrig development company limited Ownership
LANRIG DEVELOPMENT COMPANY LIMITED group structure
Lanrig Development Company Limited has no subsidiary companies.
Ultimate parent company
LANRIG DEVELOPMENT COMPANY LIMITED
SC180414
lanrig development company limited directors
Lanrig Development Company Limited currently has 2 directors. The longest serving directors include Mr Jonathan Gerber (Oct 2008) and Mr David Gerber (Jan 2009).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jonathan Gerber | United Kingdom | 59 years | Oct 2008 | - | Director |
| Mr David Gerber | England | 50 years | Jan 2009 | - | Director |
P&L
March 2023turnover
460.2k
+1%
operating profit
-48.7k
0%
gross margin
26%
+5.57%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
421.4k
0%
total assets
445.5k
0%
cash
327.3k
0%
net assets
Total assets minus all liabilities
lanrig development company limited company details
company number
SC180414
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
November 1997
age
28
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
-
address
mitchells roberton george house, 36 north hanover street, glasgow, G1 2AD
Bank
-
Legal Advisor
-
lanrig development company 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 lanrig development company limited.
lanrig development company 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 LANRIG DEVELOPMENT COMPANY LIMITED. This can take several minutes, an email will notify you when this has completed.
lanrig development company limited Companies House Filings - See Documents
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