Pomanda estimates the enterprise value of LCB VEHICLES LTD. at £15.7m based on a Turnover of £14m and 1.13x industry multiple (adjusted for size and gross margin).
lcb vehicles ltd.Estimated Valuation
£33.5m
Pomanda estimates the enterprise value of LCB VEHICLES LTD. at £33.5m based on an EBITDA of £6.5m and a 5.18x industry multiple (adjusted for size and gross margin).
lcb vehicles ltd.Estimated Valuation
£23.5m
Pomanda estimates the enterprise value of LCB VEHICLES LTD. at £23.5m based on Net Assets of £10.5m and 2.24x industry multiple (adjusted for liquidity).
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Lcb Vehicles Ltd.Overview
Lcb Vehicles Ltd. is a live company located in glasgow, G74 1PF with a Companies House number of SC405125. It operates in the renting and leasing of cars and light motor vehicles sector, SIC Code 77110. Founded in August 2011, it's largest shareholder is
gmg holdings scotland limited
with a 49.8% stake. Lcb Vehicles Ltd. is a established,
mid sized company, Pomanda has estimated its turnover at
£14m with
rapid
growth in recent years.
Pomanda's financial health check has awarded Lcb Vehicles Ltd. a 5 rating. We use a traffic light system to show it exceeds the industry average on 9 measures and has 2 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
9 Strong
1 Regular
2 Weak
Size
annual sales of £14m, make it in line with the average company (£14m)
£14m - Lcb Vehicles Ltd.
£14m - Industry AVG
Growth
3 year (CAGR) sales growth of 40%, show it is growing at a faster rate (12.6%)
40% - Lcb Vehicles Ltd.
12.6% - Industry AVG
Production
with a gross margin of 45.9%, this company has a lower cost of product (27.8%)
45.9% - Lcb Vehicles Ltd.
27.8% - Industry AVG
Profitability
an operating margin of 25.4% make it more profitable than the average company (11.7%)
25.4% - Lcb Vehicles Ltd.
11.7% - Industry AVG
Employees
with 21 employees, this is below the industry average (35)
21 - Lcb Vehicles Ltd.
35 - Industry AVG
Pay Structure
on an average salary of £32.7k, the company has a lower pay structure (£44.1k)
£32.7k - Lcb Vehicles Ltd.
£44.1k - Industry AVG
Efficiency
resulting in sales per employee of £664.8k, this is more efficient (£341.8k)
£664.8k - Lcb Vehicles Ltd.
£341.8k - Industry AVG
Debtor Days
it gets paid by customers after 73 days, this is later than average (34 days)
73 days - Lcb Vehicles Ltd.
34 days - Industry AVG
Creditor Days
its suppliers are paid after 57 days, this is slower than average (22 days)
57 days - Lcb Vehicles Ltd.
22 days - Industry AVG
Stock Days
it holds stock equivalent to 0 days, this is less than average (10 days)
0 days - Lcb Vehicles Ltd.
10 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 11 weeks, this is more cash available to meet short term requirements (4 weeks)
11 weeks - Lcb Vehicles Ltd.
4 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 38.8%, this is a lower level of debt than the average (78.9%)
38.8% - Lcb Vehicles Ltd.
78.9% - Industry AVG
LCB VEHICLES LTD. financials
EXPORT
Lcb Vehicles Ltd.'s latest turnover from August 2024 is £14 million and the company has net assets of £10.5 million. According to their latest financial statements, Lcb Vehicles Ltd. has 21 employees and maintains cash reserves of £958.9 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Aug 2024
Aug 2023
Aug 2022
Aug 2021
Aug 2020
Aug 2019
Aug 2018
Aug 2017
Aug 2016
Aug 2015
Aug 2014
Aug 2013
Aug 2012
Turnover
13,961,349
12,586,740
8,782,651
5,079,820
6,501,028
5,074,308
4,590,069
2,309,609
1,928,188
5,949,811
1,040,872
1,354,734
1,039,670
Other Income Or Grants
Cost Of Sales
7,553,801
5,807,544
6,139,462
3,885,513
4,936,309
3,669,827
3,313,005
1,625,854
1,357,142
4,273,530
972,219
1,309,799
730,823
Gross Profit
6,407,548
6,779,196
2,643,188
1,194,307
1,564,719
1,404,481
1,277,064
683,755
571,046
1,676,280
68,653
44,935
308,847
Admin Expenses
2,868,994
3,458,804
172,286
-154,305
802,984
1,046,263
977,538
416,571
471,541
1,636,835
44,011
24,266
295,997
Operating Profit
3,538,554
3,320,392
2,470,902
1,348,612
761,735
358,218
299,526
267,184
99,505
39,445
24,642
20,669
12,850
Interest Payable
540,091
563,416
7,949
8,190
4,201
Interest Receivable
6,657
340
120
1,090
869
29
33
58
3
Pre-Tax Profit
2,998,463
2,756,976
2,477,559
1,348,952
761,854
359,307
300,395
267,214
99,538
31,554
16,452
16,468
12,853
Tax
-529,644
-570,144
-470,736
-256,301
-144,752
-68,268
-57,075
-50,771
-19,907
-6,311
-3,780
-3,631
-3,085
Profit After Tax
2,468,819
2,186,832
2,006,823
1,092,651
617,102
291,039
243,320
216,443
79,630
25,243
12,672
12,837
9,768
Dividends Paid
100,000
100,000
Retained Profit
2,368,819
2,086,832
2,006,823
1,092,651
617,102
291,039
243,320
216,443
79,630
25,243
12,672
12,837
9,768
Employee Costs
687,717
492,039
384,467
332,471
383,080
374,442
238,000
169,472
164,904
653,576
17,235
9,487
117,209
Number Of Employees
21
20
10
10
11
11
7
5
5
21
1
1
4
EBITDA*
6,469,751
6,559,744
5,431,250
4,309,319
3,141,985
2,176,399
1,222,253
834,657
377,118
39,445
24,642
20,669
12,850
* Earnings Before Interest, Tax, Depreciation and Amortisation
Aug 2024
Aug 2023
Aug 2022
Aug 2021
Aug 2020
Aug 2019
Aug 2018
Aug 2017
Aug 2016
Aug 2015
Aug 2014
Aug 2013
Aug 2012
Tangible Assets
11,956,348
15,008,643
13,234,112
13,592,245
11,109,732
9,941,423
5,351,120
3,056,027
1,674,939
Intangible Assets
456,424
511,424
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
12,412,772
15,520,067
13,234,112
13,592,245
11,109,732
9,941,423
5,351,120
3,056,027
1,674,939
Stock & work in progress
11,800
33,960
115,125
19,000
23,958
767,636
276,130
289,987
157,102
Trade Debtors
2,804,647
2,474,117
1,979,009
959,246
984,544
897,628
820,641
483,389
325,622
337,904
92,213
73,672
28,648
Group Debtors
Misc Debtors
940,113
368,280
109,305
135,773
414,220
365,942
115,493
126,547
83,850
17,850
20,646
3,960
Cash
958,882
312,413
245,932
514,893
164,539
74,514
216,112
15,736
7,848
18,449
4,773
15,211
1,201
misc current assets
total current assets
4,715,442
3,154,810
2,368,206
1,725,037
1,582,303
1,362,042
1,152,246
625,672
417,320
1,123,989
390,966
399,516
190,911
total assets
17,128,214
18,674,877
15,602,318
15,317,282
12,692,035
11,303,465
6,503,366
3,681,699
2,092,259
1,123,989
390,966
399,516
190,911
Bank overdraft
Bank loan
Trade Creditors
1,185,005
893,380
630,172
564,033
918,816
684,840
469,419
89,196
125,969
647,289
66,677
242,134
63,681
Group/Directors Accounts
other short term finances
211,247
118,261
hp & lease commitments
1,494,648
3,234,841
other current liabilities
1,595,664
1,433,411
4,474,471
4,599,092
3,428,225
3,329,898
1,642,803
936,315
885,645
44,332
16,416
117,362
total current liabilities
4,275,317
5,561,632
5,104,643
5,163,125
4,347,041
4,014,738
2,112,222
1,025,511
1,011,614
647,289
322,256
376,811
181,043
loans
33,333
hp & lease commitments
1,319,947
3,316,442
5,370,519
924,638
416,080
Accruals and Deferred Income
other liabilities
352,010
4,328,609
6,139,208
5,752,126
837,984
3,673,059
2,247,423
15,757
provisions
1,044,671
1,325,333
836,438
689,144
359,714
189,172
118,072
52,072
total long term liabilities
2,364,618
4,993,785
5,165,047
6,828,352
6,111,840
6,397,675
3,791,131
2,299,495
940,395
416,080
33,333
total liabilities
6,639,935
10,555,417
10,269,690
11,991,477
10,458,881
10,412,413
5,903,353
3,325,006
1,952,009
1,063,369
355,589
376,811
181,043
net assets
10,488,279
8,119,460
5,332,628
3,325,805
2,233,154
891,052
600,013
356,693
140,250
60,620
35,377
22,705
9,868
total shareholders funds
10,488,279
8,119,460
5,332,628
3,325,805
2,233,154
891,052
600,013
356,693
140,250
60,620
35,377
22,705
9,868
Aug 2024
Aug 2023
Aug 2022
Aug 2021
Aug 2020
Aug 2019
Aug 2018
Aug 2017
Aug 2016
Aug 2015
Aug 2014
Aug 2013
Aug 2012
Operating Activities
Operating Profit
3,538,554
3,320,392
2,470,902
1,348,612
761,735
358,218
299,526
267,184
99,505
39,445
24,642
20,669
12,850
Depreciation
2,876,197
3,200,776
2,960,348
2,960,707
2,380,250
1,818,181
922,727
567,473
277,613
Amortisation
55,000
38,576
Tax
-529,644
-570,144
-470,736
-256,301
-144,752
-68,268
-57,075
-50,771
-19,907
-6,311
-3,780
-3,631
-3,085
Stock
11,800
-33,960
-81,165
96,125
-4,958
23,958
-767,636
491,506
-13,857
132,885
157,102
Debtors
902,363
754,083
993,295
-303,745
135,194
327,436
326,198
200,464
71,568
227,841
15,745
61,710
32,608
Creditors
291,625
263,208
66,139
-354,783
233,976
215,421
380,223
-36,773
-521,320
580,612
-175,457
178,453
63,681
Accruals and Deferred Income
162,253
-3,041,060
-124,621
1,170,867
98,327
1,687,095
706,488
50,670
885,645
-44,332
27,916
-100,946
117,362
Deferred Taxes & Provisions
-280,662
488,895
147,294
329,430
170,542
71,100
66,000
52,072
Cash flow from operations
5,199,160
2,980,520
4,137,196
5,406,152
3,369,842
3,730,353
1,991,691
649,391
1,417,604
-149,933
-128,567
-100,050
1,098
Investing Activities
capital expenditure
-2,602,215
-5,443,220
-3,548,559
-6,408,484
-3,217,820
-1,948,561
-1,952,552
Change in Investments
cash flow from investments
-2,602,215
-5,443,220
-3,548,559
-6,408,484
-3,217,820
-1,948,561
-1,952,552
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
-211,247
92,986
118,261
Long term loans
-33,333
33,333
Hire Purchase and Lease Commitments
-3,736,688
6,551,283
-5,370,519
5,370,519
-924,638
508,558
416,080
other long term liabilities
-352,010
-3,976,599
-1,810,599
387,082
4,914,142
-2,835,075
1,425,636
2,231,666
15,757
share issue
700,000
725,000
100
interest
-540,091
-563,416
6,657
340
120
1,090
869
29
33
-7,891
-8,190
-4,201
3
cash flow from financing
-4,628,789
2,711,268
-1,803,942
387,422
268,743
2,536,534
1,426,505
1,307,057
524,348
163,609
118,129
114,060
103
cash and cash equivalents
cash
646,469
66,481
-268,961
350,354
90,025
-141,598
200,376
7,888
-10,601
13,676
-10,438
14,010
1,201
overdraft
change in cash
646,469
66,481
-268,961
350,354
90,025
-141,598
200,376
7,888
-10,601
13,676
-10,438
14,010
1,201
lcb vehicles ltd. Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for lcb vehicles ltd.. Get real-time insights into lcb vehicles ltd.'s credit score, group structure and payment trends.
Perform a competitor analysis for lcb vehicles ltd. by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other mid companies, companies in G74 area or any other competitors across 12 key performance metrics.
77110 - Renting and leasing of cars and light motor vehicles
incorporation date
August 2011
age
14
incorporated
UK
ultimate parent company
None
accounts
Group
last accounts submitted
August 2024
previous names
N/A
accountant
-
auditor
JOHNSTON CARMICHAEL LLP
address
16 flakefield, east kilbride, glasgow, south lanarkshire, G74 1PF
Bank
-
Legal Advisor
-
lcb vehicles ltd. 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 lcb vehicles ltd..
lcb vehicles ltd. 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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lcb vehicles ltd.Companies House Filings - See Documents
