lochrise limited
lochrise limited Company Information
Company Number
SC403247
Next Accounts
61 days late
Industry
Public houses and bars
Shareholders
stephen william smith
paul smith
Group Structure
View All
Contact
Registered Address
2nd floor offices, 52-54 king street, stirling, scotland, FK8 1AY
Website
http://clg.co.uklochrise limited Estimated Valuation
Pomanda estimates the enterprise value of LOCHRISE LIMITED at £289k based on a Turnover of £535k and 0.54x industry multiple (adjusted for size and gross margin).
lochrise limited Estimated Valuation
Pomanda estimates the enterprise value of LOCHRISE LIMITED at £1.6m based on an EBITDA of £451.2k and a 3.55x industry multiple (adjusted for size and gross margin).
lochrise limited Estimated Valuation
Pomanda estimates the enterprise value of LOCHRISE LIMITED at £0 based on Net Assets of £-948.7k and 2.17x industry multiple (adjusted for liquidity).
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Lochrise Limited Overview
Lochrise Limited is a live company located in stirling, FK8 1AY with a Companies House number of SC403247. It operates in the public houses and bars sector, SIC Code 56302. Founded in July 2011, it's largest shareholder is stephen william smith with a 50% stake. Lochrise Limited is a established, small sized company, Pomanda has estimated its turnover at £535k with declining growth in recent years.
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Lochrise Limited Health Check
Pomanda's financial health check has awarded Lochrise Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
5 Weak
Size
annual sales of £535k, make it in line with the average company (£538.7k)
- Lochrise Limited
£538.7k - Industry AVG
Growth
3 year (CAGR) sales growth of -49%, show it is growing at a slower rate (0.7%)
- Lochrise Limited
0.7% - Industry AVG
Production
with a gross margin of 42.3%, this company has a higher cost of product (58.5%)
- Lochrise Limited
58.5% - Industry AVG
Profitability
an operating margin of 84.3% make it more profitable than the average company (7.2%)
- Lochrise Limited
7.2% - Industry AVG
Employees
with 8 employees, this is below the industry average (14)
- Lochrise Limited
14 - Industry AVG
Pay Structure
on an average salary of £14.9k, the company has an equivalent pay structure (£14.9k)
- Lochrise Limited
£14.9k - Industry AVG
Efficiency
resulting in sales per employee of £66.9k, this is more efficient (£47.1k)
- Lochrise Limited
£47.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Lochrise Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 424 days, this is slower than average (58 days)
- Lochrise Limited
58 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Lochrise Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (22 weeks)
0 weeks - Lochrise Limited
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 248.2%, this is a higher level of debt than the average (75.1%)
248.2% - Lochrise Limited
75.1% - Industry AVG
LOCHRISE LIMITED financials
Lochrise Limited's latest turnover from February 2023 is estimated at £535 thousand and the company has net assets of -£948.7 thousand. According to their latest financial statements, we estimate that Lochrise Limited has 8 employees and maintains cash reserves of £4.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 1 | 8 | 73 | 73 | 73 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 26,302 | 32,227 | 37,485 | 25,295 | 22,779 | 23,725 | 6,000 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 26,302 | 32,227 | 37,485 | 25,295 | 22,779 | 23,725 | 6,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 33,099 | 32,363 | 26,339 | 29,327 | 26,923 | 22,776 | 38,342 |
| Trade Debtors | 0 | 243,102 | 1,084,400 | 855,869 | 658,234 | 537,022 | 0 | 602,726 | 654,177 | 746,738 | 65,894 |
| Group Debtors | 635,539 | 0 | 0 | 0 | 0 | 0 | 545,150 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 21,993 | 950 | 251 | 0 | 0 |
| Cash | 4,809 | 98,354 | 92,344 | 575 | 74,251 | 222,334 | 160,520 | 74,072 | 89,414 | 129,508 | 137,534 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 640,348 | 341,456 | 1,176,744 | 856,444 | 765,584 | 791,719 | 754,002 | 707,075 | 770,765 | 899,022 | 241,770 |
| total assets | 640,348 | 341,456 | 1,176,744 | 856,444 | 791,886 | 823,946 | 791,487 | 732,370 | 793,544 | 922,747 | 247,770 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 358,983 | 1,657,238 | 1,894,130 | 1,991,622 | 1,538,985 | 1,421,183 | 766,985 | 1,024,430 | 902,061 | 1,035,300 | 433,080 |
| Group/Directors Accounts | 1,139,760 | 0 | 0 | 0 | 0 | 0 | 167,619 | 0 | 0 | 1,958 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 90,279 | 0 | 0 | 0 | 0 | 0 | 288,381 | 0 | 0 | 0 | 0 |
| total current liabilities | 1,589,022 | 1,657,238 | 1,894,130 | 1,991,622 | 1,538,985 | 1,421,183 | 1,222,985 | 1,024,430 | 902,061 | 1,037,258 | 433,080 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 64,960 | 64,960 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 111,933 | 64,960 | 64,960 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 111,933 | 64,960 | 64,960 | 64,960 | 64,960 | 0 |
| total liabilities | 1,589,022 | 1,657,238 | 1,894,130 | 1,991,622 | 1,538,985 | 1,533,116 | 1,287,945 | 1,089,390 | 967,021 | 1,102,218 | 433,080 |
| net assets | -948,674 | -1,315,782 | -717,386 | -1,135,178 | -747,099 | -709,170 | -496,458 | -357,020 | -173,477 | -179,471 | -185,310 |
| total shareholders funds | -948,674 | -1,315,782 | -717,386 | -1,135,178 | -747,099 | -709,170 | -496,458 | -357,020 | -173,477 | -179,471 | -185,310 |
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | |||||||||||
| Depreciation | 0 | 0 | 0 | 15,301 | 13,684 | 12,259 | 10,094 | 7,294 | 5,801 | 1,681 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||||||
| Stock | 0 | 0 | 0 | 0 | 736 | 6,024 | -2,988 | 2,404 | 4,147 | -15,566 | 38,342 |
| Debtors | 392,437 | -841,298 | 228,531 | 855,869 | 121,212 | -30,121 | -36,533 | -50,752 | -92,310 | 680,844 | 65,894 |
| Creditors | -1,298,255 | -236,892 | -97,492 | 1,991,622 | 117,802 | 654,198 | -257,445 | 122,369 | -133,239 | 602,220 | 433,080 |
| Accruals and Deferred Income | 90,279 | 0 | 0 | 0 | 0 | -288,381 | 288,381 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||||
| Investing Activities | |||||||||||
| capital expenditure | |||||||||||
| Change in Investments | 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 |
| Group/Directors Accounts | 1,139,760 | 0 | 0 | 0 | 0 | -167,619 | 167,619 | 0 | -1,958 | 1,958 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -64,960 | 0 | 64,960 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | -111,933 | 46,973 | 0 | 64,960 | 0 | 0 | 0 |
| share issue | |||||||||||
| interest | |||||||||||
| cash flow from financing | |||||||||||
| cash and cash equivalents | |||||||||||
| cash | -93,545 | 6,010 | 91,769 | 575 | -148,083 | 61,814 | 86,448 | -15,342 | -40,094 | -8,026 | 137,534 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -93,545 | 6,010 | 91,769 | 575 | -148,083 | 61,814 | 86,448 | -15,342 | -40,094 | -8,026 | 137,534 |
lochrise limited Credit Report and Business Information
Lochrise Limited Competitor Analysis
Perform a competitor analysis for lochrise limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in FK8 area or any other competitors across 12 key performance metrics.
lochrise limited Ownership
LOCHRISE LIMITED group structure
Lochrise Limited has 1 subsidiary company.
lochrise limited directors
Lochrise Limited currently has 2 directors. The longest serving directors include Mr Stephen Smith (Jul 2011) and Mr Paul Smith (Jul 2011).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Stephen Smith | 62 years | Jul 2011 | - | Director | |
| Mr Paul Smith | 59 years | Jul 2011 | - | Director |
P&L
February 2023turnover
535k
-25%
operating profit
451.2k
0%
gross margin
42.4%
+16.45%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2023net assets
-948.7k
-0.28%
total assets
640.3k
+0.88%
cash
4.8k
-0.95%
net assets
Total assets minus all liabilities
Similar Companies
lochrise limited company details
company number
SC403247
Type
Private limited with Share Capital
industry
56302 - Public houses and bars
incorporation date
July 2011
age
14
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
February 2023
previous names
N/A
accountant
-
auditor
-
address
2nd floor offices, 52-54 king street, stirling, scotland, FK8 1AY
Bank
-
Legal Advisor
-
lochrise 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 1 charges/mortgages relating to lochrise limited. Currently there are 1 open charges and 0 have been satisfied in the past.
lochrise 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 LOCHRISE LIMITED. This can take several minutes, an email will notify you when this has completed.
lochrise limited Companies House Filings - See Documents
| date | description | view/download |
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