lara letting limited
lara letting limited Company Information
Group Structure
View All
Industry
Management of real estate on a fee or contract basis
Registered Address
259 perth road, dundee, DD2 1JP
Website
www.laraletting.netlara letting limited Estimated Valuation
Pomanda estimates the enterprise value of LARA LETTING LIMITED at £572.8k based on a Turnover of £366.1k and 1.56x industry multiple (adjusted for size and gross margin).
lara letting limited Estimated Valuation
Pomanda estimates the enterprise value of LARA LETTING LIMITED at £0 based on an EBITDA of £-55.7k and a 4.12x industry multiple (adjusted for size and gross margin).
lara letting limited Estimated Valuation
Pomanda estimates the enterprise value of LARA LETTING LIMITED at £5.9k based on Net Assets of £3.2k and 1.82x industry multiple (adjusted for liquidity).
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Lara Letting Limited Overview
Lara Letting Limited is a live company located in dundee, DD2 1JP with a Companies House number of SC348953. It operates in the management of real estate on a fee or contract basis sector, SIC Code 68320. Founded in September 2008, it's largest shareholder is robert paul allan with a 100% stake. Lara Letting Limited is a established, micro sized company, Pomanda has estimated its turnover at £366.1k with declining growth in recent years.
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Lara Letting Limited Health Check
Pomanda's financial health check has awarded Lara Letting Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £366.1k, make it in line with the average company (£413.8k)
- Lara Letting Limited
£413.8k - Industry AVG
Growth
3 year (CAGR) sales growth of -9%, show it is growing at a slower rate (6.1%)
- Lara Letting Limited
6.1% - Industry AVG
Production
with a gross margin of 15.3%, this company has a higher cost of product (57.9%)
- Lara Letting Limited
57.9% - Industry AVG
Profitability
an operating margin of -15.2% make it less profitable than the average company (7.8%)
- Lara Letting Limited
7.8% - Industry AVG
Employees
with 3 employees, this is below the industry average (6)
3 - Lara Letting Limited
6 - Industry AVG
Pay Structure
on an average salary of £40k, the company has an equivalent pay structure (£40k)
- Lara Letting Limited
£40k - Industry AVG
Efficiency
resulting in sales per employee of £122k, this is more efficient (£100.9k)
- Lara Letting Limited
£100.9k - Industry AVG
Debtor Days
it gets paid by customers after 82 days, this is later than average (45 days)
- Lara Letting Limited
45 days - Industry AVG
Creditor Days
its suppliers are paid after 430 days, this is slower than average (30 days)
- Lara Letting Limited
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Lara Letting Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Lara Letting Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.1%, this is a higher level of debt than the average (60.6%)
99.1% - Lara Letting Limited
60.6% - Industry AVG
LARA LETTING LIMITED financials
Lara Letting Limited's latest turnover from March 2024 is estimated at £366.1 thousand and the company has net assets of £3.2 thousand. According to their latest financial statements, Lara Letting Limited has 3 employees and maintains cash reserves of 0 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 | Sep 2010 | 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 | 3 | 2 | 2 | 3 | 3 | ||||||||||
| 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 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 286,373 | 286,373 | 286,373 | 88,263 | 52,043 | 88,654 | 4,124 | 5,499 | 7,330 | 9,772 | 13,028 | 825 | |||
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 286,373 | 286,373 | 286,373 | 88,263 | 52,043 | 88,654 | 4,124 | 5,499 | 7,330 | 9,772 | 13,028 | 825 | |||
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 82,670 | 82,087 | 132,993 | 269,377 | 100,347 | 60,028 | 55,994 | 20,500 | 7,500 | 5,000 | 10,000 | 2,313 | |||
| Group Debtors | |||||||||||||||
| Misc Debtors | 23,494 | 20,500 | 11,521 | 22,191 | 3,636 | ||||||||||
| Cash | 49,082 | 46,870 | 33,300 | 26,081 | 43,669 | 61,780 | 35,547 | 24,445 | 26,140 | ||||||
| misc current assets | |||||||||||||||
| total current assets | 82,670 | 82,087 | 132,993 | 269,377 | 100,347 | 60,028 | 105,076 | 70,364 | 53,800 | 58,102 | 73,360 | 70,416 | 45,547 | 24,445 | 28,453 |
| total assets | 369,043 | 368,460 | 419,366 | 357,640 | 152,390 | 148,682 | 109,200 | 75,863 | 61,130 | 67,874 | 86,388 | 70,416 | 45,547 | 25,270 | 28,453 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 365,817 | 309,539 | 343,670 | 249,665 | 63,341 | 81,072 | 74,285 | 41,150 | 31,435 | 34,347 | 27,722 | 20,265 | 23,390 | ||
| Group/Directors Accounts | 8,985 | 9,059 | |||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 45,359 | 36,929 | |||||||||||||
| total current liabilities | 365,817 | 309,539 | 343,670 | 249,665 | 63,341 | 81,072 | 74,285 | 54,344 | 45,988 | 41,150 | 31,435 | 34,347 | 27,722 | 20,265 | 23,390 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 97 | 376 | 770 | 1,318 | |||||||||||
| total long term liabilities | 97 | 376 | 770 | 1,318 | |||||||||||
| total liabilities | 365,817 | 309,539 | 343,670 | 249,665 | 63,341 | 81,072 | 74,285 | 54,441 | 46,364 | 41,920 | 32,753 | 34,347 | 27,722 | 20,265 | 23,390 |
| net assets | 3,226 | 58,921 | 75,696 | 107,975 | 89,049 | 67,610 | 34,915 | 21,422 | 14,766 | 25,954 | 53,635 | 36,069 | 17,825 | 5,005 | 5,063 |
| total shareholders funds | 3,226 | 58,921 | 75,696 | 107,975 | 89,049 | 67,610 | 34,915 | 21,422 | 14,766 | 25,954 | 53,635 | 36,069 | 17,825 | 5,005 | 5,063 |
| 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 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 1,831 | 2,442 | 3,256 | 4,342 | 275 | ||||||||||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | |||||||||||||||
| Debtors | 583 | -50,906 | -136,384 | 169,030 | 40,319 | 4,034 | 32,500 | 2,994 | -11,521 | 2,330 | 21,055 | -1,364 | 10,000 | -2,313 | 2,313 |
| Creditors | 56,278 | -34,131 | 94,005 | 186,324 | -17,731 | 6,787 | 74,285 | -41,150 | 9,715 | -2,912 | 6,625 | 27,722 | -3,125 | 23,390 | |
| Accruals and Deferred Income | -45,359 | 8,430 | 36,929 | ||||||||||||
| Deferred Taxes & Provisions | -97 | -279 | -394 | -548 | 1,318 | ||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -8,985 | -74 | 9,059 | ||||||||||||
| 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 | -49,082 | 2,212 | 13,570 | 7,219 | -17,588 | -18,111 | 26,233 | 35,547 | -1,695 | 26,140 | |||||
| overdraft | |||||||||||||||
| change in cash | -49,082 | 2,212 | 13,570 | 7,219 | -17,588 | -18,111 | 26,233 | 35,547 | -1,695 | 26,140 |
lara letting limited Credit Report and Business Information
Lara Letting Limited Competitor Analysis
Perform a competitor analysis for lara letting limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in DD2 area or any other competitors across 12 key performance metrics.
lara letting limited Ownership
LARA LETTING LIMITED group structure
Lara Letting Limited has no subsidiary companies.
Ultimate parent company
LARA LETTING LIMITED
SC348953
lara letting limited directors
Lara Letting Limited currently has 1 director, Mr Robert Allan serving since Sep 2008.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Robert Allan | 64 years | Sep 2008 | - | Director |
P&L
March 2024turnover
366.1k
+44%
operating profit
-55.7k
0%
gross margin
15.4%
-8.7%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
3.2k
-0.95%
total assets
369k
0%
cash
0
0%
net assets
Total assets minus all liabilities
lara letting limited company details
company number
SC348953
Type
Private limited with Share Capital
industry
68320 - Management of real estate on a fee or contract basis
incorporation date
September 2008
age
17
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
259 perth road, dundee, DD2 1JP
Bank
-
Legal Advisor
-
lara letting 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 lara letting limited.
lara letting 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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lara letting limited Companies House Filings - See Documents
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