lomond motors (east) limited Company Information
Company Number
SC304405
Website
https://www.lookers.co.ukRegistered Address
520 hillington road, braehead, glasgow, G52 4UB
Industry
Sale of new cars and light motor vehicles
Maintenance and repair of motor vehicles
Telephone
01415656300
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
lomond motors limited 100%
lomond motors (east) limited Estimated Valuation
Pomanda estimates the enterprise value of LOMOND MOTORS (EAST) LIMITED at £54.1m based on a Turnover of £157.4m and 0.34x industry multiple (adjusted for size and gross margin).
lomond motors (east) limited Estimated Valuation
Pomanda estimates the enterprise value of LOMOND MOTORS (EAST) LIMITED at £20m based on an EBITDA of £4.1m and a 4.91x industry multiple (adjusted for size and gross margin).
lomond motors (east) limited Estimated Valuation
Pomanda estimates the enterprise value of LOMOND MOTORS (EAST) LIMITED at £26.5m based on Net Assets of £11.1m and 2.39x industry multiple (adjusted for liquidity).
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Lomond Motors (east) Limited Overview
Lomond Motors (east) Limited is a live company located in glasgow, G52 4UB with a Companies House number of SC304405. It operates in the sale of new cars and light motor vehicles sector, SIC Code 45111. Founded in June 2006, it's largest shareholder is lomond motors limited with a 100% stake. Lomond Motors (east) Limited is a established, mega sized company, Pomanda has estimated its turnover at £157.4m with low growth in recent years.
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Lomond Motors (east) Limited Health Check
Pomanda's financial health check has awarded Lomond Motors (East) Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
5 Weak
Size
annual sales of £157.4m, make it larger than the average company (£18.9m)
£157.4m - Lomond Motors (east) Limited
£18.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (4.7%)
2% - Lomond Motors (east) Limited
4.7% - Industry AVG
Production
with a gross margin of 9.4%, this company has a higher cost of product (21.1%)
9.4% - Lomond Motors (east) Limited
21.1% - Industry AVG
Profitability
an operating margin of 2.3% make it less profitable than the average company (4.2%)
2.3% - Lomond Motors (east) Limited
4.2% - Industry AVG
Employees
with 142 employees, this is above the industry average (40)
142 - Lomond Motors (east) Limited
40 - Industry AVG
Pay Structure
on an average salary of £43.8k, the company has a higher pay structure (£32.7k)
£43.8k - Lomond Motors (east) Limited
£32.7k - Industry AVG
Efficiency
resulting in sales per employee of £1.1m, this is more efficient (£363.6k)
£1.1m - Lomond Motors (east) Limited
£363.6k - Industry AVG
Debtor Days
it gets paid by customers after 2 days, this is earlier than average (27 days)
2 days - Lomond Motors (east) Limited
27 days - Industry AVG
Creditor Days
its suppliers are paid after 3 days, this is quicker than average (31 days)
3 days - Lomond Motors (east) Limited
31 days - Industry AVG
Stock Days
it holds stock equivalent to 40 days, this is less than average (62 days)
40 days - Lomond Motors (east) Limited
62 days - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Lomond Motors (east) Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 62.2%, this is a similar level of debt than the average (62.9%)
62.2% - Lomond Motors (east) Limited
62.9% - Industry AVG
lomond motors (east) limited Credit Report and Business Information
Lomond Motors (east) Limited Competitor Analysis
Perform a competitor analysis for lomond motors (east) limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
lomond motors (east) limited Ownership
LOMOND MOTORS (EAST) LIMITED group structure
Lomond Motors (East) Limited has no subsidiary companies.
Ultimate parent company
IMPERO JERSEY CORP LTD
#0149885
2 parents
LOMOND MOTORS (EAST) LIMITED
SC304405
lomond motors (east) limited directors
Lomond Motors (East) Limited currently has 4 directors. The longest serving directors include Mr James Robinson-Wyatt (Jun 2019) and Mr Richard Walker (Dec 2019).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr James Robinson-Wyatt | United Kingdom | 44 years | Jun 2019 | - | Director |
Mr Richard Walker | United Kingdom | 58 years | Dec 2019 | - | Director |
Mr Duncan McPhee | United Kingdom | 47 years | Feb 2021 | - | Director |
Mr Martin Reay | United Kingdom | 47 years | Jan 2024 | - | Director |
LOMOND MOTORS (EAST) LIMITED financials
Lomond Motors (East) Limited's latest turnover from December 2022 is £157.4 million and the company has net assets of £11.1 million. According to their latest financial statements, Lomond Motors (East) Limited has 142 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 157,374,000 | 138,798,000 | 117,604,000 | 149,263,000 | 158,934,000 | 148,525,000 | 129,713,000 | 137,829,000 | 127,526,000 | 107,398,000 | 82,591,000 | 80,448,000 | 76,858,399 | 73,388,520 |
Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cost Of Sales | 142,621,000 | 125,198,000 | 108,047,000 | 136,376,000 | 146,098,000 | 135,401,000 | 118,630,000 | 125,976,000 | 115,545,000 | 96,776,000 | 75,355,000 | 72,865,000 | 70,161,914 | 67,518,316 |
Gross Profit | 14,753,000 | 13,600,000 | 9,557,000 | 12,887,000 | 12,836,000 | 13,124,000 | 11,083,000 | 11,853,000 | 11,981,000 | 10,622,000 | 7,236,000 | 7,583,000 | 6,696,485 | 5,870,204 |
Admin Expenses | 11,180,000 | 10,120,000 | 8,952,000 | 11,663,000 | 11,542,000 | 11,292,000 | 10,384,000 | 10,514,000 | 9,668,000 | 8,859,000 | 8,557,000 | 6,979,000 | 5,970,278 | 5,932,156 |
Operating Profit | 3,573,000 | 3,480,000 | 605,000 | 1,224,000 | 1,294,000 | 1,832,000 | 699,000 | 1,339,000 | 2,313,000 | 1,763,000 | -1,321,000 | 604,000 | 726,207 | -61,952 |
Interest Payable | 423,000 | 406,000 | 469,000 | 559,000 | 482,000 | 348,000 | 318,000 | 312,000 | 254,000 | 286,000 | 365,000 | 264,000 | 180,864 | 126,679 |
Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Pre-Tax Profit | 3,150,000 | 3,074,000 | 136,000 | 665,000 | 812,000 | 1,484,000 | 381,000 | 1,027,000 | 2,059,000 | 1,477,000 | -1,686,000 | 340,000 | 475,343 | -188,631 |
Tax | -351,000 | -605,000 | -25,000 | -242,000 | -186,000 | 0 | 0 | 0 | 0 | 0 | 0 | 1,000 | -7,910 | 31,162 |
Profit After Tax | 2,799,000 | 2,469,000 | 111,000 | 423,000 | 626,000 | 1,484,000 | 381,000 | 1,027,000 | 2,059,000 | 1,477,000 | -1,686,000 | 341,000 | 467,433 | -157,469 |
Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Retained Profit | 2,799,000 | 2,469,000 | 111,000 | 423,000 | 626,000 | 1,484,000 | 381,000 | 1,027,000 | 2,059,000 | 1,477,000 | -1,686,000 | 341,000 | 467,433 | -157,469 |
Employee Costs | 6,213,000 | 5,961,000 | 5,577,000 | 6,345,000 | 6,005,000 | 5,788,000 | 5,006,000 | 5,102,000 | 4,655,000 | 4,094,000 | 3,421,000 | 3,347,000 | 3,116,437 | 3,120,200 |
Number Of Employees | 142 | 138 | 153 | 172 | 167 | 170 | 156 | 152 | 137 | 125 | 131 | 122 | 118 | 119 |
EBITDA* | 4,076,000 | 3,801,000 | 1,048,000 | 2,005,000 | 1,896,000 | 2,427,000 | 1,146,000 | 1,468,000 | 2,429,000 | 1,971,000 | -1,075,000 | 1,017,000 | 1,368,508 | 616,191 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 1,686,000 | 2,116,000 | 2,435,000 | 4,058,000 | 3,209,000 | 3,677,000 | 4,104,000 | 1,741,000 | 403,000 | 244,000 | 382,000 | 503,000 | 577,769 | 675,007 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 138,000 | 349,619 | 806,619 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 78,000 | 0 | 55,000 | 47,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 1,764,000 | 2,116,000 | 2,380,000 | 4,011,000 | 3,209,000 | 3,677,000 | 4,104,000 | 1,741,000 | 403,000 | 244,000 | 382,000 | 641,000 | 927,388 | 1,481,626 |
Stock & work in progress | 15,654,000 | 15,550,000 | 18,131,000 | 23,658,000 | 22,365,000 | 21,285,000 | 15,618,000 | 17,336,000 | 15,724,000 | 13,459,000 | 14,184,000 | 14,603,000 | 9,559,438 | 7,395,520 |
Trade Debtors | 928,000 | 1,508,000 | 970,000 | 3,199,000 | 1,620,000 | 4,201,000 | 2,196,000 | 2,103,000 | 1,961,000 | 1,121,000 | 1,449,000 | 2,142,000 | 2,111,993 | 2,151,232 |
Group Debtors | 10,747,000 | 8,661,000 | 4,430,000 | 1,456,000 | 1,592,000 | 34,000 | 39,000 | 3,000 | 13,000 | 117,000 | 2,000 | 151,000 | 32,714 | 161,004 |
Misc Debtors | 293,000 | 184,000 | 197,000 | 535,000 | 687,000 | 485,000 | 427,000 | 328,000 | 517,000 | 492,000 | 643,000 | 391,000 | 394,137 | 186,421 |
Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,318,000 | 0 | 0 | 0 | 0 | 0 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 27,622,000 | 25,903,000 | 23,728,000 | 28,848,000 | 26,264,000 | 26,005,000 | 18,280,000 | 19,770,000 | 19,533,000 | 15,189,000 | 16,278,000 | 17,287,000 | 12,098,282 | 9,894,177 |
total assets | 29,386,000 | 28,019,000 | 26,108,000 | 32,859,000 | 29,473,000 | 29,682,000 | 22,384,000 | 21,511,000 | 19,936,000 | 15,433,000 | 16,660,000 | 17,928,000 | 13,025,670 | 11,375,803 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 444,000 | 2,494,000 | 1,513,000 | 243,844 | 1,327,892 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 1,341,000 | 905,000 | 831,000 | 1,598,000 | 1,311,000 | 4,009,000 | 1,796,000 | 1,910,000 | 2,416,000 | 1,658,000 | 2,634,000 | 6,700,000 | 10,065,947 | 7,263,315 |
Group/Directors Accounts | 366,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 351,510 | 1,101,312 |
other short term finances | 11,340,000 | 0 | 0 | 0 | 8,582,000 | 7,975,000 | 8,197,000 | 7,747,000 | 5,518,000 | 5,626,000 | 0 | 0 | 400,000 | 400,000 |
hp & lease commitments | 244,000 | 244,000 | 244,000 | 244,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 114,947 | 125,130 |
other current liabilities | 4,529,000 | 17,876,000 | 18,330,000 | 24,404,000 | 13,622,000 | 12,503,000 | 8,739,000 | 8,583,000 | 9,758,000 | 7,520,000 | 12,824,000 | 9,321,000 | 1,387,100 | 644,243 |
total current liabilities | 17,820,000 | 19,025,000 | 19,405,000 | 26,246,000 | 23,515,000 | 24,487,000 | 18,732,000 | 18,240,000 | 17,692,000 | 15,248,000 | 17,952,000 | 17,534,000 | 12,563,348 | 10,861,892 |
loans | 0 | 1,340,000 | 1,736,000 | 2,172,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 400,000 | 800,000 |
hp & lease commitments | 463,000 | 670,000 | 868,000 | 1,086,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9,579 | 128,601 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 0 | 40,000 | 0 | 0 | 392,000 | 118,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 463,000 | 690,000 | 868,000 | 1,086,000 | 196,000 | 59,000 | 0 | 0 | 0 | 0 | 0 | 0 | 409,579 | 928,601 |
total liabilities | 18,283,000 | 19,715,000 | 20,273,000 | 27,332,000 | 23,711,000 | 24,546,000 | 18,732,000 | 18,240,000 | 17,692,000 | 15,248,000 | 17,952,000 | 17,534,000 | 12,972,927 | 11,790,493 |
net assets | 11,103,000 | 8,304,000 | 5,835,000 | 5,527,000 | 5,762,000 | 5,136,000 | 3,652,000 | 3,271,000 | 2,244,000 | 185,000 | -1,292,000 | 394,000 | 52,743 | -414,690 |
total shareholders funds | 11,103,000 | 8,304,000 | 5,835,000 | 5,527,000 | 5,762,000 | 5,136,000 | 3,652,000 | 3,271,000 | 2,244,000 | 185,000 | -1,292,000 | 394,000 | 52,743 | -414,690 |
Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||
Operating Profit | 3,573,000 | 3,480,000 | 605,000 | 1,224,000 | 1,294,000 | 1,832,000 | 699,000 | 1,339,000 | 2,313,000 | 1,763,000 | -1,321,000 | 604,000 | 726,207 | -61,952 |
Depreciation | 503,000 | 321,000 | 443,000 | 781,000 | 602,000 | 595,000 | 447,000 | 129,000 | 116,000 | 208,000 | 108,000 | 201,000 | 185,301 | 221,143 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 138,000 | 212,000 | 457,000 | 457,000 |
Tax | -351,000 | -605,000 | -25,000 | -242,000 | -186,000 | 0 | 0 | 0 | 0 | 0 | 0 | 1,000 | -7,910 | 31,162 |
Stock | 104,000 | -2,581,000 | -5,527,000 | 1,293,000 | 1,080,000 | 5,667,000 | -1,718,000 | 1,612,000 | 2,265,000 | -725,000 | -419,000 | 5,043,562 | 2,163,918 | 7,395,520 |
Debtors | 1,693,000 | 4,701,000 | 415,000 | 1,338,000 | -821,000 | 2,058,000 | 228,000 | -57,000 | 761,000 | -364,000 | -590,000 | 145,156 | 40,187 | 2,498,657 |
Creditors | 436,000 | 74,000 | -767,000 | 287,000 | -2,698,000 | 2,213,000 | -114,000 | -506,000 | 758,000 | -976,000 | -4,066,000 | -3,365,947 | 2,802,632 | 7,263,315 |
Accruals and Deferred Income | -13,347,000 | -454,000 | -6,074,000 | 10,782,000 | 1,119,000 | 3,764,000 | 156,000 | -1,175,000 | 2,238,000 | -5,304,000 | 3,503,000 | 7,933,900 | 742,857 | 644,243 |
Deferred Taxes & Provisions | -40,000 | 40,000 | 0 | -392,000 | 274,000 | 118,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | -11,023,000 | 736,000 | -706,000 | 9,809,000 | 146,000 | 797,000 | 2,678,000 | -1,768,000 | 2,399,000 | -3,220,000 | -629,000 | 397,235 | 2,701,982 | -1,339,266 |
Investing Activities | ||||||||||||||
capital expenditure | ||||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | ||||||||||||||
Financing Activities | ||||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 366,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -351,510 | -749,802 | 1,101,312 |
Other Short Term Loans | 11,340,000 | 0 | 0 | -8,582,000 | 607,000 | -222,000 | 450,000 | 2,229,000 | -108,000 | 5,626,000 | 0 | -400,000 | 0 | 400,000 |
Long term loans | -1,340,000 | -396,000 | -436,000 | 2,172,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -400,000 | -400,000 | 800,000 |
Hire Purchase and Lease Commitments | -207,000 | -198,000 | -218,000 | 1,330,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -124,526 | -129,205 | 253,731 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | ||||||||||||||
interest | -423,000 | -406,000 | -469,000 | -559,000 | -482,000 | -348,000 | -318,000 | -312,000 | -254,000 | -286,000 | -365,000 | -264,000 | -180,864 | -126,679 |
cash flow from financing | 9,736,000 | -1,000,000 | -926,000 | -6,297,000 | 125,000 | -570,000 | 132,000 | 1,917,000 | -362,000 | 5,340,000 | -365,000 | -1,539,779 | -1,459,871 | 2,171,143 |
cash and cash equivalents | ||||||||||||||
cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,318,000 | 1,318,000 | 0 | 0 | 0 | 0 | 0 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -444,000 | -2,050,000 | 981,000 | 1,269,156 | -1,084,048 | 1,327,892 |
change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,318,000 | 1,762,000 | 2,050,000 | -981,000 | -1,269,156 | 1,084,048 | -1,327,892 |
P&L
December 2022turnover
157.4m
+13%
operating profit
3.6m
+3%
gross margin
9.4%
-4.33%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
11.1m
+0.34%
total assets
29.4m
+0.05%
cash
0
0%
net assets
Total assets minus all liabilities
lomond motors (east) limited company details
company number
SC304405
Type
Private limited with Share Capital
industry
45111 - Sale of new cars and light motor vehicles
45200 - Maintenance and repair of motor vehicles
45112 - Sale of used cars and light motor vehicles
incorporation date
June 2006
age
18
accounts
Full Accounts
ultimate parent company
previous names
mm&s (5121) limited (July 2006)
incorporated
UK
address
520 hillington road, braehead, glasgow, G52 4UB
last accounts submitted
December 2022
lomond motors (east) 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 5 charges/mortgages relating to lomond motors (east) limited. Currently there are 0 open charges and 5 have been satisfied in the past.
lomond motors (east) limited Companies House Filings - See Documents
date | description | view/download |
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