lomond property lettings limited Company Information
Company Number
SC373580
Next Accounts
Sep 2025
Industry
Management of real estate on a fee or contract basis
Real estate agencies
Shareholders
chianti bidco limited
Group Structure
View All
Contact
Registered Address
1 wemyss place, edinburgh, EH3 6DH
lomond property lettings limited Estimated Valuation
Pomanda estimates the enterprise value of LOMOND PROPERTY LETTINGS LIMITED at £3.4m based on a Turnover of £1.3m and 2.57x industry multiple (adjusted for size and gross margin).
lomond property lettings limited Estimated Valuation
Pomanda estimates the enterprise value of LOMOND PROPERTY LETTINGS LIMITED at £0 based on an EBITDA of £-7m and a 8.29x industry multiple (adjusted for size and gross margin).
lomond property lettings limited Estimated Valuation
Pomanda estimates the enterprise value of LOMOND PROPERTY LETTINGS LIMITED at £0 based on Net Assets of £-26.5m and 1.97x industry multiple (adjusted for liquidity).
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Lomond Property Lettings Limited Overview
Lomond Property Lettings Limited is a live company located in edinburgh, EH3 6DH with a Companies House number of SC373580. It operates in the real estate agencies sector, SIC Code 68310. Founded in February 2010, it's largest shareholder is chianti bidco limited with a 100% stake. Lomond Property Lettings Limited is a established, small sized company, Pomanda has estimated its turnover at £1.3m with declining growth in recent years.
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Lomond Property Lettings Limited Health Check
Pomanda's financial health check has awarded Lomond Property Lettings Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
7 Weak
Size
annual sales of £1.3m, make it larger than the average company (£618.4k)
£1.3m - Lomond Property Lettings Limited
£618.4k - Industry AVG
Growth
3 year (CAGR) sales growth of -59%, show it is growing at a slower rate (4.8%)
-59% - Lomond Property Lettings Limited
4.8% - Industry AVG
Production
with a gross margin of 88.1%, this company has a comparable cost of product (77.2%)
88.1% - Lomond Property Lettings Limited
77.2% - Industry AVG
Profitability
an operating margin of -545.1% make it less profitable than the average company (6.5%)
-545.1% - Lomond Property Lettings Limited
6.5% - Industry AVG
Employees
with 81 employees, this is above the industry average (13)
81 - Lomond Property Lettings Limited
13 - Industry AVG
Pay Structure
on an average salary of £65.5k, the company has a higher pay structure (£41.5k)
£65.5k - Lomond Property Lettings Limited
£41.5k - Industry AVG
Efficiency
resulting in sales per employee of £16.4k, this is less efficient (£95.2k)
£16.4k - Lomond Property Lettings Limited
£95.2k - Industry AVG
Debtor Days
it gets paid by customers after 89 days, this is later than average (41 days)
89 days - Lomond Property Lettings Limited
41 days - Industry AVG
Creditor Days
its suppliers are paid after 780 days, this is slower than average (36 days)
780 days - Lomond Property Lettings Limited
36 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Lomond Property Lettings Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (44 weeks)
0 weeks - Lomond Property Lettings Limited
44 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 140.5%, this is a higher level of debt than the average (52.9%)
140.5% - Lomond Property Lettings Limited
52.9% - Industry AVG
LOMOND PROPERTY LETTINGS LIMITED financials
Lomond Property Lettings Limited's latest turnover from December 2023 is £1.3 million and the company has net assets of -£26.5 million. According to their latest financial statements, Lomond Property Lettings Limited has 81 employees and maintains cash reserves of £304 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Oct 2012 | Oct 2011 | Oct 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 1,331,000 | 47,000 | 7,000 | 19,907,000 | 22,211,000 | 23,080,000 | 21,596,000 | 18,500,000 | 17,211,000 | 14,209,000 | 8,503,000 | 2,061,928 | 1,115,451 | |
Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
Cost Of Sales | 159,000 | 0 | 0 | 911,000 | 1,039,000 | 1,671,000 | 1,957,000 | 2,306,000 | 2,284,000 | 1,870,000 | 373,000 | 0 | ||
Gross Profit | 1,172,000 | 47,000 | 7,000 | 18,996,000 | 21,172,000 | 21,409,000 | 19,639,000 | 16,194,000 | 14,927,000 | 12,339,000 | 8,130,000 | 2,061,928 | ||
Admin Expenses | 8,428,000 | 6,006,000 | 4,722,000 | 15,926,000 | 26,323,000 | 22,889,000 | 18,524,000 | 14,606,000 | 14,253,000 | 12,531,000 | 8,808,000 | 2,633,810 | ||
Operating Profit | -7,256,000 | -5,959,000 | -4,715,000 | 3,070,000 | -5,151,000 | -1,480,000 | 1,115,000 | 1,588,000 | 674,000 | -192,000 | -678,000 | -571,882 | -398,651 | |
Interest Payable | 0 | 0 | 0 | 1,410,000 | 1,512,000 | 1,496,000 | 1,356,000 | 584,000 | 843,000 | 690,000 | 588,000 | 239,174 | 133,349 | |
Interest Receivable | 0 | 0 | 0 | 44,000 | 64,000 | 38,000 | 65,000 | 86,000 | 91,000 | 73,000 | 47,000 | 1,229 | 1,345 | |
Pre-Tax Profit | -7,256,000 | -5,959,000 | -4,715,000 | 1,704,000 | -6,599,000 | -2,938,000 | -457,000 | 1,090,000 | -101,000 | -1,245,000 | -1,376,000 | -809,827 | -530,655 | |
Tax | 0 | -60,000 | 0 | 61,000 | -20,000 | 39,000 | -9,000 | 74,000 | -154,000 | 19,000 | 16,000 | -1,870 | -6,341 | |
Profit After Tax | -7,256,000 | -6,019,000 | -4,715,000 | 1,765,000 | -6,619,000 | -2,899,000 | -466,000 | 1,164,000 | -255,000 | -1,226,000 | -1,360,000 | -811,697 | -536,996 | |
Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
Retained Profit | -7,256,000 | -6,019,000 | -4,715,000 | 1,765,000 | -7,007,000 | -2,879,000 | -776,000 | 712,000 | -592,000 | -1,420,000 | -1,518,000 | -813,914 | -536,996 | |
Employee Costs | 5,306,000 | 4,036,000 | 3,365,000 | 10,058,000 | 10,880,000 | 11,301,000 | 10,587,000 | 9,028,000 | 8,234,000 | 7,184,000 | 4,474,000 | 1,149,153 | 563,680 | |
Number Of Employees | 81 | 61 | 35 | 334 | 360 | 379 | 394 | 349 | 298 | 285 | 166 | 42 | 27 | |
EBITDA* | -6,971,000 | -5,838,000 | -4,700,000 | 4,340,000 | -3,319,000 | 3,420,000 | 2,989,000 | 3,074,000 | 2,009,000 | 1,809,000 | 158,000 | -362,887 | -292,596 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Oct 2012 | Oct 2011 | Oct 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 729,000 | 578,000 | 142,000 | 433,000 | 409,000 | 590,000 | 885,000 | 728,000 | 784,000 | 958,000 | 1,092,000 | 253,598 | 364,979 | 0 |
Intangible Assets | 5,000 | 0 | 0 | 15,991,000 | 17,145,000 | 25,139,000 | 28,939,000 | 21,540,000 | 18,285,000 | 19,098,000 | 13,996,000 | 5,736,490 | 2,325,402 | 0 |
Investments & Other | 52,198,000 | 42,588,000 | 41,677,000 | 27,000 | 27,000 | 27,000 | 27,000 | 24,000 | 15,000 | 15,000 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 172,500 | 0 | 0 |
Total Fixed Assets | 52,932,000 | 43,166,000 | 41,819,000 | 16,451,000 | 17,581,000 | 25,756,000 | 29,851,000 | 22,292,000 | 19,084,000 | 20,071,000 | 15,088,000 | 6,162,588 | 2,690,381 | 0 |
Stock & work in progress | 0 | 0 | 0 | 9,000 | 2,000 | 1,000 | 4,000 | 11,000 | 7,000 | 17,000 | 14,000 | 0 | 0 | 0 |
Trade Debtors | 325,000 | 8,000 | 10,000 | 1,270,000 | 1,500,000 | 1,496,000 | 1,182,000 | 1,045,000 | 661,000 | 759,000 | 796,000 | 280,522 | 140,478 | 0 |
Group Debtors | 11,146,000 | 11,469,000 | 11,846,000 | 0 | 114,000 | 114,000 | 113,000 | 112,000 | 112,000 | 612,000 | 97,000 | 25,589 | 0 | 0 |
Misc Debtors | 704,000 | 532,000 | 453,000 | 948,000 | 1,194,000 | 1,071,000 | 758,000 | 714,000 | 654,000 | 445,000 | 499,000 | 901,338 | 73,400 | 0 |
Cash | 304,000 | 128,000 | 6,530,000 | 2,055,000 | 921,000 | 846,000 | 841,000 | 654,000 | 839,000 | 908,000 | 3,488,000 | 3,104,170 | 1,679,724 | 0 |
misc current assets | 0 | 0 | 0 | 12,728,000 | 13,861,000 | 14,191,000 | 11,765,000 | 8,722,000 | 8,157,000 | 7,742,000 | 2,250,000 | 0 | 0 | 0 |
total current assets | 12,479,000 | 12,137,000 | 18,839,000 | 17,010,000 | 17,592,000 | 17,719,000 | 14,663,000 | 11,258,000 | 10,430,000 | 10,483,000 | 7,144,000 | 4,311,619 | 1,893,602 | 0 |
total assets | 65,411,000 | 55,303,000 | 60,658,000 | 33,461,000 | 35,173,000 | 43,475,000 | 44,514,000 | 33,550,000 | 29,514,000 | 30,554,000 | 22,232,000 | 10,474,207 | 4,583,983 | 0 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 340,000 | 448,000 | 311,000 | 668,000 | 745,000 | 812,000 | 739,000 | 670,000 | 26,964,000 | 578,000 | 361,000 | 93,729 | 74,411 | 0 |
Group/Directors Accounts | 87,644,000 | 68,745,000 | 67,389,000 | 25,920,000 | 24,760,000 | 24,525,000 | 23,646,000 | 17,323,000 | 0 | 16,248,000 | 13,705,000 | 6,262,822 | 3,063,277 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 145,000 | 1,397,000 | 1,735,000 | 856,000 | 0 | 1,838,000 | 0 | 4,207,001 | 1,684,710 | 0 |
hp & lease commitments | 0 | 0 | 0 | 7,000 | 117,000 | 179,000 | 177,000 | 85,000 | 0 | 57,000 | 45,000 | 9,144 | 4,229 | 0 |
other current liabilities | 3,891,000 | 5,319,000 | 6,148,000 | 15,230,000 | 15,784,000 | 16,205,000 | 13,803,000 | 10,034,000 | 0 | 9,041,000 | 4,121,000 | 493,741 | 123,366 | 0 |
total current liabilities | 91,875,000 | 74,512,000 | 73,848,000 | 41,825,000 | 41,551,000 | 43,118,000 | 40,100,000 | 28,968,000 | 26,964,000 | 27,762,000 | 18,232,000 | 11,066,437 | 4,949,993 | 0 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 1,050,000 | 376,000 | 55,000 | 0 | 0 | 497,500 | 90,000 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 7,000 | 119,000 | 214,000 | 94,000 | 51,000 | 111,000 | 99,000 | 22,178 | 5,985 | 0 |
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 | 140,000 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 13,000 | 17,000 | 30,000 | 12,000 | 38,000 | 20,000 | 18,000 | 11,784 | 0 | 0 |
total long term liabilities | 0 | 0 | 0 | 0 | 20,000 | 136,000 | 1,294,000 | 482,000 | 144,000 | 131,000 | 257,000 | 531,462 | 95,985 | 0 |
total liabilities | 91,875,000 | 74,512,000 | 73,848,000 | 41,825,000 | 41,571,000 | 43,254,000 | 41,394,000 | 29,450,000 | 27,108,000 | 27,893,000 | 18,489,000 | 11,597,899 | 5,045,978 | 0 |
net assets | -26,464,000 | -19,209,000 | -13,190,000 | -8,364,000 | -8,520,000 | -1,513,000 | 1,366,000 | 2,061,000 | 1,349,000 | 1,861,000 | 3,281,000 | -1,275,909 | -461,995 | 0 |
total shareholders funds | -26,464,000 | -19,209,000 | -13,190,000 | -8,364,000 | -8,520,000 | -1,513,000 | 1,366,000 | 2,061,000 | 1,349,000 | 1,861,000 | 3,281,000 | -1,275,909 | -461,995 | 0 |
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Oct 2012 | Oct 2011 | Oct 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||
Operating Profit | -7,256,000 | -5,959,000 | -4,715,000 | 3,070,000 | -5,151,000 | -1,480,000 | 1,115,000 | 1,588,000 | 674,000 | -192,000 | -678,000 | -571,882 | -398,651 | |
Depreciation | 285,000 | 121,000 | 15,000 | 155,000 | 240,000 | 448,000 | 234,000 | 364,000 | 284,000 | 621,000 | 212,000 | 47,177 | 11,743 | |
Amortisation | 0 | 0 | 0 | 1,115,000 | 1,592,000 | 4,452,000 | 1,640,000 | 1,122,000 | 1,051,000 | 1,380,000 | 624,000 | 161,818 | 94,312 | |
Tax | 0 | -60,000 | 0 | 61,000 | -20,000 | 39,000 | -9,000 | 74,000 | -154,000 | 19,000 | 16,000 | -1,870 | -6,341 | |
Stock | 0 | 0 | -9,000 | 7,000 | 1,000 | -3,000 | -7,000 | 4,000 | -10,000 | 3,000 | 14,000 | 0 | 0 | 0 |
Debtors | 166,000 | -300,000 | 10,091,000 | -590,000 | 127,000 | 628,000 | 182,000 | 444,000 | -389,000 | 424,000 | 12,051 | 1,166,071 | 213,878 | 0 |
Creditors | -108,000 | 137,000 | -357,000 | -77,000 | -67,000 | 73,000 | 69,000 | -26,294,000 | 26,386,000 | 217,000 | 267,271 | 19,318 | 74,411 | 0 |
Accruals and Deferred Income | -1,428,000 | -829,000 | -9,082,000 | -554,000 | -421,000 | 2,402,000 | 3,769,000 | 10,034,000 | -9,041,000 | 4,920,000 | 3,627,259 | 370,375 | 123,366 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | -13,000 | -4,000 | -13,000 | 18,000 | -26,000 | 18,000 | 2,000 | 6,216 | 11,784 | 0 | 0 |
Cash flow from operations | -8,673,000 | -6,290,000 | -24,221,000 | 4,340,000 | -3,959,000 | 5,296,000 | 6,661,000 | -13,586,000 | 19,617,000 | 6,540,000 | 4,048,695 | -1,129,351 | -315,038 | |
Investing Activities | ||||||||||||||
capital expenditure | 0 | 0 | -1,919,000 | -6,741,000 | -2,752,000 | -1,951,000 | -2,015,000 | -509,000 | ||||||
Change in Investments | 9,610,000 | 911,000 | 41,650,000 | 0 | 0 | 0 | 3,000 | 9,000 | 0 | 15,000 | 0 | 0 | 0 | 0 |
cash flow from investments | 0 | 0 | -1,919,000 | -6,744,000 | -2,761,000 | -1,951,000 | -2,030,000 | -509,000 | ||||||
Financing Activities | ||||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 18,899,000 | 1,356,000 | 41,469,000 | 1,160,000 | 235,000 | 879,000 | 6,323,000 | 17,323,000 | -16,248,000 | 2,543,000 | 7,442,178 | 3,199,545 | 3,063,277 | 0 |
Other Short Term Loans | 0 | 0 | 0 | -145,000 | -1,252,000 | -338,000 | 879,000 | 856,000 | -1,838,000 | 1,838,000 | -4,207,001 | 2,522,291 | 1,684,710 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | -1,050,000 | 674,000 | 321,000 | 55,000 | 0 | -497,500 | 407,500 | 90,000 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | -7,000 | -117,000 | -174,000 | -93,000 | 212,000 | 128,000 | -117,000 | 24,000 | 112,678 | 21,108 | 10,214 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -140,000 | 140,000 | 0 | 0 | 0 |
share issue | ||||||||||||||
interest | 0 | 0 | 0 | -1,366,000 | -1,448,000 | -1,458,000 | -1,291,000 | -498,000 | -752,000 | -617,000 | -541,000 | -237,945 | -132,004 | |
cash flow from financing | 18,900,000 | 1,356,000 | 41,351,000 | -2,077,000 | -2,639,000 | -2,060,000 | 6,878,000 | 18,130,000 | -18,820,000 | 3,648,000 | 8,524,264 | 5,912,499 | 4,791,198 | |
cash and cash equivalents | ||||||||||||||
cash | 176,000 | -6,402,000 | 4,475,000 | 1,134,000 | 75,000 | 5,000 | 187,000 | -185,000 | -69,000 | -2,580,000 | 383,830 | 1,424,446 | 1,679,724 | 0 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 176,000 | -6,402,000 | 4,475,000 | 1,134,000 | 75,000 | 5,000 | 187,000 | -185,000 | -69,000 | -2,580,000 | 383,830 | 1,424,446 | 1,679,724 | 0 |
lomond property lettings limited Credit Report and Business Information
Lomond Property Lettings Limited Competitor Analysis
Perform a competitor analysis for lomond property lettings limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in EH3 area or any other competitors across 12 key performance metrics.
lomond property lettings limited Ownership
LOMOND PROPERTY LETTINGS LIMITED group structure
Lomond Property Lettings Limited has 13 subsidiary companies.
Ultimate parent company
2 parents
LOMOND PROPERTY LETTINGS LIMITED
SC373580
13 subsidiaries
lomond property lettings limited directors
Lomond Property Lettings Limited currently has 5 directors. The longest serving directors include Mr Stuart Pender (Jul 2010) and Mr Stuart Pender (Jul 2010).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Stuart Pender | England | 59 years | Jul 2010 | - | Director |
Mr Stuart Pender | Scotland | 59 years | Jul 2010 | - | Director |
Mr Robert Hamilton | England | 60 years | Oct 2010 | - | Director |
Mr Ian Sutherland | England | 54 years | Jul 2023 | - | Director |
Mr Edward Phillips | England | 46 years | Aug 2023 | - | Director |
P&L
December 2023turnover
1.3m
+2732%
operating profit
-7.3m
+22%
gross margin
88.1%
-11.95%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-26.5m
+0.38%
total assets
65.4m
+0.18%
cash
304k
+1.38%
net assets
Total assets minus all liabilities
lomond property lettings limited company details
company number
SC373580
Type
Private limited with Share Capital
industry
68320 - Management of real estate on a fee or contract basis
68310 - Real estate agencies
incorporation date
February 2010
age
14
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
December 2023
previous names
dmws 932 limited (July 2010)
accountant
-
auditor
-
address
1 wemyss place, edinburgh, EH3 6DH
Bank
BANK OF SCOTLAND
Legal Advisor
-
lomond property lettings 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 42 charges/mortgages relating to lomond property lettings limited. Currently there are 14 open charges and 28 have been satisfied in the past.
lomond property lettings 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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lomond property lettings limited Companies House Filings - See Documents
date | description | view/download |
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