lifting material supplies ltd
lifting material supplies ltd Company Information
Company Number
SC523976
Next Accounts
Dec 2024
Industry
Manufacture of lifting and handling equipment
Directors
Shareholders
atlas winch & hoist services ltd
Group Structure
View All
Contact
Registered Address
old station yard station road, biggar, lanarkshire, ML12 6DQ
lifting material supplies ltd Estimated Valuation
Pomanda estimates the enterprise value of LIFTING MATERIAL SUPPLIES LTD at £866.1k based on a Turnover of £1.9m and 0.46x industry multiple (adjusted for size and gross margin).
lifting material supplies ltd Estimated Valuation
Pomanda estimates the enterprise value of LIFTING MATERIAL SUPPLIES LTD at £531.9k based on an EBITDA of £147.7k and a 3.6x industry multiple (adjusted for size and gross margin).
lifting material supplies ltd Estimated Valuation
Pomanda estimates the enterprise value of LIFTING MATERIAL SUPPLIES LTD at £12.2k based on Net Assets of £5.6k and 2.18x industry multiple (adjusted for liquidity).
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Lifting Material Supplies Ltd Overview
Lifting Material Supplies Ltd is a live company located in lanarkshire, ML12 6DQ with a Companies House number of SC523976. It operates in the manufacture of lifting and handling equipment sector, SIC Code 28220. Founded in January 2016, it's largest shareholder is atlas winch & hoist services ltd with a 100% stake. Lifting Material Supplies Ltd is a young, small sized company, Pomanda has estimated its turnover at £1.9m with declining growth in recent years.
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Lifting Material Supplies Ltd Health Check
Pomanda's financial health check has awarded Lifting Material Supplies Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £1.9m, make it smaller than the average company (£13.7m)
- Lifting Material Supplies Ltd
£13.7m - Industry AVG
Growth
3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (2.6%)
- Lifting Material Supplies Ltd
2.6% - Industry AVG
Production
with a gross margin of 22.4%, this company has a higher cost of product (29.6%)
- Lifting Material Supplies Ltd
29.6% - Industry AVG
Profitability
an operating margin of 7.8% make it more profitable than the average company (5.5%)
- Lifting Material Supplies Ltd
5.5% - Industry AVG
Employees
with 6 employees, this is below the industry average (77)
6 - Lifting Material Supplies Ltd
77 - Industry AVG
Pay Structure
on an average salary of £46.6k, the company has an equivalent pay structure (£46.6k)
- Lifting Material Supplies Ltd
£46.6k - Industry AVG
Efficiency
resulting in sales per employee of £316.1k, this is more efficient (£172.1k)
- Lifting Material Supplies Ltd
£172.1k - Industry AVG
Debtor Days
it gets paid by customers after 148 days, this is later than average (62 days)
- Lifting Material Supplies Ltd
62 days - Industry AVG
Creditor Days
its suppliers are paid after 49 days, this is close to average (52 days)
- Lifting Material Supplies Ltd
52 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Lifting Material Supplies Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Lifting Material Supplies Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.4%, this is a higher level of debt than the average (54.6%)
99.4% - Lifting Material Supplies Ltd
54.6% - Industry AVG
LIFTING MATERIAL SUPPLIES LTD financials
Lifting Material Supplies Ltd's latest turnover from March 2023 is estimated at £1.9 million and the company has net assets of £5.6 thousand. According to their latest financial statements, Lifting Material Supplies Ltd has 6 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|
| 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 | 6 | 5 | 7 | 6 | 5 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 151,991 | 194,203 | 234,394 | 276,423 | 321,256 | 359,388 | 357,723 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 151,991 | 194,203 | 234,394 | 276,423 | 321,256 | 359,388 | 357,723 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 772,111 | 504,257 | 728,522 | 457,468 | 314,957 | 172,417 | 127,578 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 772,111 | 504,257 | 728,522 | 457,468 | 314,957 | 172,417 | 127,578 |
| total assets | 924,102 | 698,460 | 962,916 | 733,891 | 636,213 | 531,805 | 485,301 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 198,349 | 140,525 | 1,047,660 | 987,098 | 946,381 | 727,735 | 561,802 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 198,349 | 140,525 | 1,047,660 | 987,098 | 946,381 | 727,735 | 561,802 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 720,146 | 671,931 | 0 | 0 | 0 | 3,381 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 720,146 | 671,931 | 0 | 0 | 0 | 3,381 | 0 |
| total liabilities | 918,495 | 812,456 | 1,047,660 | 987,098 | 946,381 | 731,116 | 561,802 |
| net assets | 5,607 | -113,996 | -84,744 | -253,207 | -310,168 | -199,311 | -76,501 |
| total shareholders funds | 5,607 | -113,996 | -84,744 | -253,207 | -310,168 | -199,311 | -76,501 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | |||||||
| Amortisation | |||||||
| Tax | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 267,854 | -224,265 | 271,054 | 142,511 | 142,540 | 44,839 | 127,578 |
| Creditors | 57,824 | -907,135 | 60,562 | 40,717 | 218,646 | 165,933 | 561,802 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 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 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 48,215 | 671,931 | 0 | 0 | -3,381 | 3,381 | 0 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
lifting material supplies ltd Credit Report and Business Information
Lifting Material Supplies Ltd Competitor Analysis
Perform a competitor analysis for lifting material supplies ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in ML12 area or any other competitors across 12 key performance metrics.
lifting material supplies ltd Ownership
LIFTING MATERIAL SUPPLIES LTD group structure
Lifting Material Supplies Ltd has no subsidiary companies.
Ultimate parent company
1 parent
LIFTING MATERIAL SUPPLIES LTD
SC523976
lifting material supplies ltd directors
Lifting Material Supplies Ltd currently has 1 director, Mr Denis Lavery serving since Jan 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Denis Lavery | 65 years | Jan 2016 | - | Director |
P&L
March 2023turnover
1.9m
+49%
operating profit
147.7k
0%
gross margin
22.4%
+2.19%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
5.6k
-1.05%
total assets
924.1k
+0.32%
cash
0
0%
net assets
Total assets minus all liabilities
lifting material supplies ltd company details
company number
SC523976
Type
Private limited with Share Capital
industry
28220 - Manufacture of lifting and handling equipment
incorporation date
January 2016
age
8
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
-
address
old station yard station road, biggar, lanarkshire, ML12 6DQ
Bank
-
Legal Advisor
-
lifting material supplies 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 found 1 charges/mortgages relating to lifting material supplies ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
lifting material supplies ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
