lorena investments limited
lorena investments limited Company Information
Company Number
SC491741
Registered Address
200 st. vincent street, glasgow, G2 5SG
Industry
Activities of head offices
Telephone
-
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
david charles moulsdale 100%
lorena investments limited Estimated Valuation
Pomanda estimates the enterprise value of LORENA INVESTMENTS LIMITED at £1.7b based on a Turnover of £146.5m and 11.56x industry multiple (adjusted for size and gross margin).
lorena investments limited Estimated Valuation
Pomanda estimates the enterprise value of LORENA INVESTMENTS LIMITED at £838.2m based on an EBITDA of £41.9m and a 20x industry multiple (adjusted for size and gross margin).
lorena investments limited Estimated Valuation
Pomanda estimates the enterprise value of LORENA INVESTMENTS LIMITED at £249.5m based on Net Assets of £68.1m and 3.66x industry multiple (adjusted for liquidity).
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Lorena Investments Limited Overview
Lorena Investments Limited is a live company located in glasgow, G2 5SG with a Companies House number of SC491741. It operates in the activities of head offices sector, SIC Code 70100. Founded in November 2014, it's largest shareholder is david charles moulsdale with a 100% stake. Lorena Investments Limited is a established, mega sized company, Pomanda has estimated its turnover at £146.5m with healthy growth in recent years.
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Lorena Investments Limited Health Check
Pomanda's financial health check has awarded Lorena Investments Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 10 measures and has 1 areas for improvement. Company Health Check FAQs
10 Strong
1 Regular
1 Weak
Size
annual sales of £157.4m, make it larger than the average company (£17.7m)
£157.4m - Lorena Investments Limited
£17.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 10%, show it is growing at a faster rate (0.5%)
10% - Lorena Investments Limited
0.5% - Industry AVG
Production
with a gross margin of 86.2%, this company has a lower cost of product (32.7%)
86.2% - Lorena Investments Limited
32.7% - Industry AVG
Profitability
an operating margin of 33.6% make it more profitable than the average company (5.8%)
33.6% - Lorena Investments Limited
5.8% - Industry AVG
Employees
with 1140 employees, this is above the industry average (119)
1140 - Lorena Investments Limited
119 - Industry AVG
Pay Structure
on an average salary of £31.9k, the company has a lower pay structure (£41.8k)
£31.9k - Lorena Investments Limited
£41.8k - Industry AVG
Efficiency
resulting in sales per employee of £138.1k, this is equally as efficient (£161.7k)
£138.1k - Lorena Investments Limited
£161.7k - Industry AVG
Debtor Days
it gets paid by customers after 3 days, this is earlier than average (47 days)
3 days - Lorena Investments Limited
47 days - Industry AVG
Creditor Days
its suppliers are paid after 191 days, this is slower than average (47 days)
191 days - Lorena Investments Limited
47 days - Industry AVG
Stock Days
it holds stock equivalent to 83 days, this is more than average (49 days)
83 days - Lorena Investments Limited
49 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 33 weeks, this is more cash available to meet short term requirements (17 weeks)
33 weeks - Lorena Investments Limited
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 44.6%, this is a lower level of debt than the average (58%)
44.6% - Lorena Investments Limited
58% - Industry AVG
LORENA INVESTMENTS LIMITED financials
Lorena Investments Limited's latest turnover from December 2022 is £146.5 million and the company has net assets of £68.1 million. According to their latest financial statements, Lorena Investments Limited has 1,230 employees and maintains cash reserves of £7.8 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Jan 2022 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 146,541,000 | 157,398,000 | 99,051,000 | 117,060,000 | 108,017,000 | 101,939,000 | 104,998,000 | 113,563,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 18,951,000 | 21,736,000 | 15,876,000 | 19,434,000 | 17,942,000 | 18,408,000 | 20,232,000 | 25,721,000 |
| Gross Profit | 127,590,000 | 135,662,000 | 83,175,000 | 97,626,000 | 90,075,000 | 83,531,000 | 84,766,000 | 87,842,000 |
| Admin Expenses | 89,268,000 | 82,722,000 | 62,375,000 | 96,417,000 | 86,873,000 | 81,783,000 | 83,668,000 | 97,330,000 |
| Operating Profit | 38,322,000 | 52,940,000 | 20,800,000 | 1,209,000 | 3,202,000 | 1,748,000 | 1,098,000 | -9,488,000 |
| Interest Payable | 460,000 | 1,221,000 | 742,000 | 561,000 | 598,000 | 684,000 | 773,000 | 1,216,000 |
| Interest Receivable | 1,964,000 | 428,000 | 11,000 | 0 | 0 | 3,000 | 48,000 | 3,000 |
| Pre-Tax Profit | 39,828,000 | 52,147,000 | 20,069,000 | 648,000 | 2,604,000 | 1,067,000 | 373,000 | -10,907,000 |
| Tax | -8,215,000 | -9,415,000 | -2,900,000 | -153,000 | -271,000 | -131,000 | -204,000 | 330,000 |
| Profit After Tax | 31,613,000 | 42,732,000 | 17,169,000 | 495,000 | 2,333,000 | 936,000 | 169,000 | -10,577,000 |
| Dividends Paid | 1,372,000 | 72,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 24,458,000 | 33,822,000 | 13,969,000 | 343,000 | 2,120,000 | 1,020,000 | 733,000 | -6,828,000 |
| Employee Costs | 40,326,000 | 36,407,000 | 33,324,000 | 41,974,000 | 38,109,000 | 32,962,000 | 31,955,000 | 37,007,000 |
| Number Of Employees | 1,230 | 1,140 | 1,195 | 1,176 | 1,099 | 1,061 | 1,048 | 1,173 |
| EBITDA* | 41,917,000 | 55,979,000 | 23,771,000 | 4,038,000 | 6,189,000 | 4,881,000 | 4,524,000 | -5,302,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Jan 2022 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 24,105,000 | 17,710,000 | 12,206,000 | 13,299,000 | 14,267,000 | 14,959,000 | 16,053,000 | 18,175,000 |
| Intangible Assets | 5,423,000 | 5,876,000 | 2,608,000 | 2,868,000 | 3,023,000 | 3,083,000 | 3,186,000 | 3,293,000 |
| Investments & Other | 2,138,000 | 0 | 841,000 | 4,020,000 | 4,162,000 | 4,321,000 | 4,183,000 | 3,597,000 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 31,666,000 | 23,586,000 | 15,655,000 | 20,187,000 | 21,452,000 | 22,363,000 | 23,422,000 | 25,065,000 |
| Stock & work in progress | 6,165,000 | 4,959,000 | 4,203,000 | 4,408,000 | 4,939,000 | 4,626,000 | 4,249,000 | 4,283,000 |
| Trade Debtors | 2,295,000 | 1,710,000 | 759,000 | 1,072,000 | 1,543,000 | 1,174,000 | 1,357,000 | 1,352,000 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 71,575,000 | 45,384,000 | 10,369,000 | 11,064,000 | 9,555,000 | 10,482,000 | 9,787,000 | 11,408,000 |
| Cash | 7,841,000 | 18,490,000 | 23,429,000 | 2,363,000 | 1,769,000 | 1,766,000 | 2,058,000 | 618,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 87,876,000 | 70,543,000 | 38,760,000 | 18,907,000 | 17,806,000 | 18,048,000 | 17,451,000 | 17,661,000 |
| total assets | 119,542,000 | 94,129,000 | 54,415,000 | 39,094,000 | 39,258,000 | 40,411,000 | 40,873,000 | 42,726,000 |
| Bank overdraft | 0 | 15,000 | 23,000 | 23,000 | 24,000 | 24,000 | 69,000 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 10,307,000 | 11,384,000 | 14,331,000 | 13,653,000 | 15,557,000 | 15,915,000 | 14,982,000 | 16,150,000 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 37,000 | 17,000 | 56,000 | 600,000 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 559,000 | 670,000 | 692,000 | 766,000 | 651,000 | 887,000 | 979,000 | 1,374,000 |
| other current liabilities | 14,871,000 | 16,863,000 | 16,901,000 | 16,334,000 | 17,536,000 | 19,525,000 | 20,789,000 | 19,703,000 |
| total current liabilities | 25,774,000 | 28,949,000 | 32,003,000 | 31,376,000 | 33,768,000 | 36,351,000 | 36,819,000 | 37,227,000 |
| loans | 3,995,000 | 6,403,000 | 6,230,000 | 6,124,000 | 7,892,000 | 9,247,000 | 10,505,000 | 10,421,000 |
| hp & lease commitments | 233,000 | 580,000 | 1,089,000 | 1,320,000 | 1,414,000 | 675,000 | 31,000 | 368,000 |
| Accruals and Deferred Income | 3,016,000 | 2,038,000 | 1,344,000 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 768,000 | 816,000 | 704,000 | 945,000 | 1,144,000 |
| provisions | 4,801,000 | 3,968,000 | 4,254,000 | 3,258,000 | 105,000 | 55,000 | 16,000 | 34,000 |
| total long term liabilities | 12,045,000 | 12,989,000 | 12,917,000 | 11,470,000 | 10,227,000 | 10,681,000 | 11,497,000 | 11,967,000 |
| total liabilities | 37,819,000 | 41,938,000 | 44,920,000 | 42,846,000 | 43,995,000 | 47,032,000 | 48,316,000 | 49,194,000 |
| net assets | 68,120,000 | 44,249,000 | 9,495,000 | -3,752,000 | -4,737,000 | -6,621,000 | -7,443,000 | -6,468,000 |
| total shareholders funds | 68,120,000 | 44,249,000 | 9,495,000 | -3,752,000 | -4,737,000 | -6,621,000 | -7,443,000 | -6,468,000 |
| Dec 2022 | Jan 2022 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | 38,322,000 | 52,940,000 | 20,800,000 | 1,209,000 | 3,202,000 | 1,748,000 | 1,098,000 | -9,488,000 |
| Depreciation | 2,682,000 | 2,084,000 | 2,389,000 | 2,150,000 | 2,352,000 | 2,429,000 | 2,729,000 | 4,094,000 |
| Amortisation | 913,000 | 955,000 | 582,000 | 679,000 | 635,000 | 704,000 | 697,000 | 92,000 |
| Tax | -8,215,000 | -9,415,000 | -2,900,000 | -153,000 | -271,000 | -131,000 | -204,000 | 330,000 |
| Stock | 6,165,000 | 4,959,000 | -205,000 | -531,000 | 313,000 | 377,000 | -34,000 | 4,283,000 |
| Debtors | 73,870,000 | 47,094,000 | -1,008,000 | 1,038,000 | -558,000 | 512,000 | -1,616,000 | 12,760,000 |
| Creditors | 10,307,000 | 11,384,000 | 678,000 | -1,904,000 | -358,000 | 933,000 | -1,168,000 | 16,150,000 |
| Accruals and Deferred Income | 17,887,000 | 18,901,000 | 1,911,000 | -1,202,000 | -1,989,000 | -1,264,000 | 1,086,000 | 19,703,000 |
| Deferred Taxes & Provisions | 4,801,000 | 3,968,000 | 996,000 | 3,153,000 | 50,000 | 39,000 | -18,000 | 34,000 |
| Cash flow from operations | -13,338,000 | 28,764,000 | 25,669,000 | 3,425,000 | 3,866,000 | 3,569,000 | 5,870,000 | 13,872,000 |
| Investing Activities | ||||||||
| capital expenditure | -11,848,000 | -12,481,000 | -1,961,000 | -2,008,000 | -2,485,000 | -2,106,000 | -1,280,000 | -26,919,000 |
| Change in Investments | 2,138,000 | 0 | -3,179,000 | -142,000 | -159,000 | 138,000 | 586,000 | 3,597,000 |
| cash flow from investments | -13,986,000 | -12,481,000 | 1,218,000 | -1,866,000 | -2,326,000 | -2,244,000 | -1,866,000 | -30,516,000 |
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 37,000 | 17,000 | -544,000 | 600,000 | 0 | 0 | 0 | 0 |
| Long term loans | 3,995,000 | 6,403,000 | 106,000 | -1,768,000 | -1,355,000 | -1,258,000 | 84,000 | 10,421,000 |
| Hire Purchase and Lease Commitments | 792,000 | 1,250,000 | -305,000 | 21,000 | 503,000 | 552,000 | -732,000 | 1,742,000 |
| other long term liabilities | 0 | 0 | -768,000 | -48,000 | 112,000 | -241,000 | -199,000 | 1,144,000 |
| share issue | ||||||||
| interest | 1,504,000 | -793,000 | -731,000 | -561,000 | -598,000 | -681,000 | -725,000 | -1,213,000 |
| cash flow from financing | 49,990,000 | 17,304,000 | -2,964,000 | -1,114,000 | -1,574,000 | -1,826,000 | -3,280,000 | 12,454,000 |
| cash and cash equivalents | ||||||||
| cash | 7,841,000 | 18,490,000 | 21,066,000 | 594,000 | 3,000 | -292,000 | 1,440,000 | 618,000 |
| overdraft | 0 | 15,000 | 0 | -1,000 | 0 | -45,000 | 69,000 | 0 |
| change in cash | 7,841,000 | 18,475,000 | 21,066,000 | 595,000 | 3,000 | -247,000 | 1,371,000 | 618,000 |
lorena investments limited Credit Report and Business Information
Lorena Investments Limited Competitor Analysis
Perform a competitor analysis for lorena investments limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
lorena investments limited Ownership
LORENA INVESTMENTS LIMITED group structure
Lorena Investments Limited has 3 subsidiary companies.
Ultimate parent company
LORENA INVESTMENTS LIMITED
SC491741
3 subsidiaries
lorena investments limited directors
Lorena Investments Limited currently has 6 directors. The longest serving directors include Mr Stewart Mein (Sep 2015) and Mr Frank Blin (Sep 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Stewart Mein | Scotland | 53 years | Sep 2015 | - | Director |
| Mr Frank Blin | 70 years | Sep 2015 | - | Director | |
| Mr Graeme Murdoch | United Kingdom | 60 years | Sep 2015 | - | Director |
| Mr David Moulsdale | United Kingdom | 55 years | Sep 2015 | - | Director |
| Mr Stephen Hannan | Scotland | 44 years | May 2019 | - | Director |
| Mrs Mary-Frances Kelly | Scotland | 44 years | Sep 2021 | - | Director |
P&L
December 2022turnover
146.5m
0%
operating profit
38.3m
0%
gross margin
87.1%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
68.1m
0%
total assets
119.5m
0%
cash
7.8m
0%
net assets
Total assets minus all liabilities
Similar Companies
lorena investments limited company details
company number
SC491741
Type
Private limited with Share Capital
industry
70100 - Activities of head offices
incorporation date
November 2014
age
10
accounts
Group
ultimate parent company
previous names
N/A
incorporated
UK
address
200 st. vincent street, glasgow, G2 5SG
last accounts submitted
December 2022
lorena investments 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 lorena investments limited. Currently there are 1 open charges and 0 have been satisfied in the past.
lorena investments limited Companies House Filings - See Documents
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