l-life limited

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l-life limited Company Information

Share L-LIFE LIMITED

Company Number

SC477109

Directors

Suzanne Gray

John McArdle

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Shareholders

jacaranda bidco limited

Group Structure

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Industry

Life insurance

 

Registered Address

49 northumberland street, edinburgh, EH3 6JQ

Website

-

l-life limited Estimated Valuation

£118.4k

Pomanda estimates the enterprise value of L-LIFE LIMITED at £118.4k based on a Turnover of £268.2k and 0.44x industry multiple (adjusted for size and gross margin).

l-life limited Estimated Valuation

£536.9k

Pomanda estimates the enterprise value of L-LIFE LIMITED at £536.9k based on an EBITDA of £115.2k and a 4.66x industry multiple (adjusted for size and gross margin).

l-life limited Estimated Valuation

£326.8k

Pomanda estimates the enterprise value of L-LIFE LIMITED at £326.8k based on Net Assets of £198.4k and 1.65x industry multiple (adjusted for liquidity).

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L-life Limited Overview

L-life Limited is a live company located in edinburgh, EH3 6JQ with a Companies House number of SC477109. It operates in the life insurance sector, SIC Code 65110. Founded in May 2014, it's largest shareholder is jacaranda bidco limited with a 100% stake. L-life Limited is a established, micro sized company, Pomanda has estimated its turnover at £268.2k with rapid growth in recent years.

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L-life Limited Health Check

Pomanda's financial health check has awarded L-Life Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

5 Strong

positive_score

1 Regular

positive_score

4 Weak

size

Size

annual sales of £268.2k, make it smaller than the average company (£1.2m)

£268.2k - L-life Limited

£1.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 42%, show it is growing at a faster rate (6.4%)

42% - L-life Limited

6.4% - Industry AVG

production

Production

with a gross margin of 61.9%, this company has a higher cost of product (99.4%)

61.9% - L-life Limited

99.4% - Industry AVG

profitability

Profitability

an operating margin of 42.9% make it more profitable than the average company (7.6%)

42.9% - L-life Limited

7.6% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (14)

1 - L-life Limited

14 - Industry AVG

paystructure

Pay Structure

on an average salary of £57.9k, the company has an equivalent pay structure (£57.9k)

£57.9k - L-life Limited

£57.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £268.2k, this is more efficient (£122.6k)

£268.2k - L-life Limited

£122.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 327 days, this is later than average (249 days)

327 days - L-life Limited

249 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 162 days, this is slower than average (22 days)

162 days - L-life Limited

22 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - L-life Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - L-life Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 18.6%, this is a lower level of debt than the average (92.6%)

18.6% - L-life Limited

92.6% - Industry AVG

L-LIFE LIMITED financials

EXPORTms excel logo

L-Life Limited's latest turnover from July 2023 is estimated at £268.2 thousand and the company has net assets of £198.4 thousand. According to their latest financial statements, L-Life Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jul 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015
Turnover268,211160,323143,15693,23467,33081,09161,2987561,393
Other Income Or Grants
Cost Of Sales102,15369,23271,45042,99933,30337,18227,687252611
Gross Profit166,05891,09171,70650,23534,02743,91033,610504781
Admin Expenses50,88749,03235,85436,62640,14726,52616,456-13,783-4,840
Operating Profit115,17142,05935,85213,609-6,12017,38417,15414,2875,621
Interest Payable
Interest Receivable436749
Pre-Tax Profit115,17142,05935,85213,609-6,12017,38417,19614,3545,670
Tax-28,793-7,991-6,812-2,586-3,303-3,267-2,871-1,134
Profit After Tax86,37834,06829,04011,023-6,12014,08113,92911,4834,536
Dividends Paid
Retained Profit86,37834,06829,04011,023-6,12014,08113,92911,4834,536
Employee Costs57,86857,574160,662101,53947,83549,93946,89642,69743,213
Number Of Employees113211111
EBITDA*115,17142,05935,85213,609-6,12017,38417,15414,7215,821

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jul 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015
Tangible Assets3,1956,8154,3435,7912,9681,4601,9461,301801
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets3,1956,8154,3435,7912,9681,4601,9461,301801
Stock & work in progress
Trade Debtors240,632136,44698,61262,30355,20760,69148,5421,000
Group Debtors
Misc Debtors
Cash34,04319,661
misc current assets4,300
total current assets240,632136,44698,61262,30355,20760,69152,84234,04320,661
total assets243,827143,261102,95568,09458,17562,15154,78835,34421,462
Bank overdraft
Bank loan
Trade Creditors 45,40931,22124,98319,16220,26618,12224,84019,32416,925
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities45,40931,22124,98319,16220,26618,12224,84019,32416,925
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities45,40931,22124,98319,16220,26618,12224,84019,32416,925
net assets198,418112,04077,97248,93237,90944,02929,94816,0204,537
total shareholders funds198,418112,04077,97248,93237,90944,02929,94816,0204,537
Jul 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015
Operating Activities
Operating Profit115,17142,05935,85213,609-6,12017,38417,15414,2875,621
Depreciation434200
Amortisation
Tax-28,793-7,991-6,812-2,586-3,303-3,267-2,871-1,134
Stock
Debtors104,18637,83436,3097,096-5,48412,14948,542-1,0001,000
Creditors14,1886,2385,821-1,1042,144-6,7185,5162,39916,925
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations-3,6202,472-1,4482,8231,508-4,786-29,13915,24920,612
Investing Activities
capital expenditure3,620-2,4721,448-2,823-1,508486-645-934-1,001
Change in Investments
cash flow from investments3,620-2,4721,448-2,823-1,508486-645-934-1,001
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue-11
interest436749
cash flow from financing426750
cash and cash equivalents
cash-34,04314,38219,661
overdraft
change in cash-34,04314,38219,661

l-life limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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L-life Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for l-life limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in EH3 area or any other competitors across 12 key performance metrics.

l-life limited Ownership

L-LIFE LIMITED group structure

L-Life Limited has no subsidiary companies.

Ultimate parent company

DAFFODIL BIDCO LTD

#0119732

2 parents

L-LIFE LIMITED

SC477109

L-LIFE LIMITED Shareholders

jacaranda bidco limited 100%

l-life limited directors

L-Life Limited currently has 3 directors. The longest serving directors include Ms Suzanne Gray (Jul 2023) and Mr John McArdle (Jul 2023).

officercountryagestartendrole
Ms Suzanne GrayScotland42 years Jul 2023- Director
Mr John McArdleUnited Kingdom57 years Jul 2023- Director
Jonathan McCulloughScotland55 years Jul 2023- Director

P&L

July 2023

turnover

268.2k

+67%

operating profit

115.2k

0%

gross margin

62%

+8.97%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

July 2023

net assets

198.4k

+0.77%

total assets

243.8k

+0.7%

cash

0

0%

net assets

Total assets minus all liabilities

l-life limited company details

company number

SC477109

Type

Private limited with Share Capital

industry

65110 - Life insurance

incorporation date

May 2014

age

11

incorporated

UK

ultimate parent company

DAFFODIL BIDCO LTD

accounts

Micro-Entity Accounts

last accounts submitted

July 2023

previous names

N/A

accountant

-

auditor

-

address

49 northumberland street, edinburgh, EH3 6JQ

Bank

-

Legal Advisor

-

l-life 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 l-life limited.

l-life 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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l-life limited Companies House Filings - See Documents

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