Lawrence Milne Decorators Limited

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lawrence milne decorators limited Company Information

Live

YoungSmallLow

Company Number

SC539716

Next Accounts

Apr 2025

Industry

Other business support service activities n.e.c.

Directors

Kevin Milne

Alison Milne

Shareholders

alison milne

kevin brian milne

Group Structure

View All

Contact

Registered Address

balmacassie brae, balmacassie commercial park, ellon, AB41 8BY

Website

www.lawrence-milne.co.uk

lawrence milne decorators limited Estimated Valuation

£3m

Pomanda estimates the enterprise value of LAWRENCE MILNE DECORATORS LIMITED at £3m based on a Turnover of £4.8m and 0.63x industry multiple (adjusted for size and gross margin).

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Lawrence Milne Decorators Limited is a live company located in ellon, AB41 8BY with a Companies House number of SC539716. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in July 2016, it's largest shareholder is alison milne with a 50% stake. Lawrence Milne Decorators Limited is a young, small sized company, Pomanda has estimated its turnover at £4.8m with low growth in recent years.

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Pomanda's financial health check has awarded Lawrence Milne Decorators Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs

Health Rating3.5out of 5

4 Strong

3 Regular

5 Weak

Size

annual sales of £4.8m, make it larger than the average company (£3.6m)

Growth

3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (4.9%)

EXPORT

Lawrence Milne Decorators Limited's latest turnover from July 2023 is estimated at £4.8 million and the company has net assets of £922.8 thousand. According to their latest financial statements, Lawrence Milne Decorators Limited has 56 employees and maintains cash reserves of £29.9 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Jul 2023	Jul 2022	Jul 2021	Jul 2020	Jul 2019	Jul 2018	Jul 2017
Turnover	4,758,575	4,333,716	3,979,109	4,536,623	5,319,049	5,220,974	5,796,214
Other Income Or Grants	0	0	0	0	0	0	0
Cost Of Sales	2,961,900	2,678,939	2,524,434	2,815,113	3,328,420	3,264,526	3,581,077
Gross Profit	1,796,675	1,654,777	1,454,675	1,721,510	1,990,630	1,956,448	2,215,137
Admin Expenses	1,673,155	2,111,130	1,031,240	1,406,153	1,654,237	1,717,879	1,903,454
Operating Profit	123,520	-456,353	423,435	315,357	336,393	238,569	311,683
Interest Payable	6,543	7,250	3,050	4,959	10,213	8,419	3,720
Interest Receivable	2,459	3,884	371	140	410	113	34
Pre-Tax Profit	119,436	-459,719	420,756	310,538	326,590	230,263	307,998
Tax	-29,859	0	-79,944	-59,002	-62,052	-43,750	-58,520
Profit After Tax	89,577	-459,719	340,812	251,536	264,538	186,513	249,478
Dividends Paid	0	0	0	0	0	0	0
Retained Profit	89,577	-459,719	340,812	251,536	264,538	186,513	249,478
Employee Costs	2,650,667	2,462,273	2,378,377	2,489,703	2,811,538	2,943,155	3,332,954
Number Of Employees	56	55	56	60	68	75	88
EBITDA*	298,654	-289,577	589,659	480,379	508,443	405,551	464,972

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Jul 2023	Jul 2022	Jul 2021	Jul 2020	Jul 2019	Jul 2018	Jul 2017
Tangible Assets	789,976	279,571	347,740	289,074	295,503	293,361	296,484
Intangible Assets	267,325	354,025	440,725	527,425	614,125	700,825	787,525
Investments & Other	0	0	0	0	0	0	0
Debtors (Due After 1 year)	0	0	0	0	0	0	0
Total Fixed Assets	1,057,301	633,596	788,465	816,499	909,628	994,186	1,084,009
Stock & work in progress	23,330	52,943	47,461	52,059	99,910	133,748	152,400
Trade Debtors	609,721	596,465	539,266	600,204	725,718	618,642	731,318
Group Debtors	0	0	0	0	0	0	0
Misc Debtors	82,238	87,731	62,877	88,204	106,343	104,745	45,058
Cash	29,865	68,503	552,931	189,157	91,646	17,751	27,537
misc current assets	0	0	0	0	0	0	0
total current assets	745,154	805,642	1,202,535	929,624	1,023,617	874,886	956,313
total assets	1,802,455	1,439,238	1,991,000	1,746,123	1,933,245	1,869,072	2,040,322
Bank overdraft	0	0	0	0	162,599	140,022	119,028
Bank loan	18,968	100,000	0	0	0	0	0
Trade Creditors	149,335	186,643	137,749	117,133	212,658	218,566	162,184
Group/Directors Accounts	0	0	0	0	0	0	0
other short term finances	0	0	0	0	0	0	0
hp & lease commitments	97,216	59,273	72,069	0	58,400	0	0
other current liabilities	146,124	166,750	243,348	606,667	713,169	591,237	1,030,458
total current liabilities	411,643	512,666	453,166	723,800	1,146,826	949,825	1,311,670
loans	0	0	100,000	0	0	0	0
hp & lease commitments	398,259	49,369	89,783	0	50,930	45,086	42,661
Accruals and Deferred Income	0	0	0	0	0	0	0
other liabilities	0	0	0	35,924	0	400,000	400,000
provisions	69,718	43,945	55,074	34,234	34,860	38,070	36,413
total long term liabilities	467,977	93,314	244,857	70,158	85,790	483,156	479,074
total liabilities	879,620	605,980	698,023	793,958	1,232,616	1,432,981	1,790,744
net assets	922,835	833,258	1,292,977	952,165	700,629	436,091	249,578
total shareholders funds	922,835	833,258	1,292,977	952,165	700,629	436,091	249,578

	Jul 2023	Jul 2022	Jul 2021	Jul 2020	Jul 2019	Jul 2018	Jul 2017
Operating Activities
Operating Profit	123,520	-456,353	423,435	315,357	336,393	238,569	311,683
Depreciation	88,434	80,076	79,524	78,322	85,350	80,282	73,814
Amortisation	86,700	86,700	86,700	86,700	86,700	86,700	79,475
Tax	-29,859	0	-79,944	-59,002	-62,052	-43,750	-58,520
Stock	-29,613	5,482	-4,598	-47,851	-33,838	-18,652	152,400
Debtors	7,763	82,053	-86,265	-143,653	108,674	-52,989	776,376
Creditors	-37,308	48,894	20,616	-95,525	-5,908	56,382	162,184
Accruals and Deferred Income	-20,626	-76,598	-363,319	-106,502	121,932	-439,221	1,030,458
Deferred Taxes & Provisions	25,773	-11,129	20,840	-626	-3,210	1,657	36,413
Cash flow from operations	258,484	-415,945	278,715	410,228	484,369	52,260	706,731
Investing Activities
capital expenditure	-598,839	-11,907	-138,190	-71,893	-87,492	-77,159	-1,237,298
Change in Investments	0	0	0	0	0	0	0
cash flow from investments	-598,839	-11,907	-138,190	-71,893	-87,492	-77,159	-1,237,298
Financing Activities
Bank loans	-81,032	100,000	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	-100,000	100,000	0	0	0	0
Hire Purchase and Lease Commitments	386,833	-53,210	161,852	-109,330	64,244	2,425	42,661
other long term liabilities	0	0	-35,924	35,924	-400,000	0	400,000
share issue	0	0	0	0	0	0	100
interest	-4,084	-3,366	-2,679	-4,819	-9,803	-8,306	-3,686
cash flow from financing	301,717	-56,576	223,249	-78,225	-345,559	-5,881	439,075
cash and cash equivalents
cash	-38,638	-484,428	363,774	97,511	73,895	-9,786	27,537
overdraft	0	0	0	-162,599	22,577	20,994	119,028
change in cash	-38,638	-484,428	363,774	260,110	51,318	-30,780	-91,491

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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Perform a competitor analysis for lawrence milne decorators limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in AB41 area or any other competitors across 12 key performance metrics.

LAWRENCE MILNE DECORATORS LIMITED group structure

Lawrence Milne Decorators Limited has no subsidiary companies.

Ultimate parent company

LAWRENCE MILNE DECORATORS LIMITED

SC539716

LAWRENCE MILNE DECORATORS LIMITED Shareholders

alison milne	50%
kevin brian milne	50%

Lawrence Milne Decorators Limited currently has 2 directors. The longest serving directors include Mr Kevin Milne (Jul 2016) and Ms Alison Milne (May 2022).

officer	country	age	start	end	role
Mr Kevin Milne	United Kingdom	49 years	Jul 2016	-	Director
Ms Alison Milne	United Kingdom	49 years	May 2022	-	Director

P&L

July 2023

turnover

4.8m

+10%

operating profit

123.5k

gross margin

37.8%

-1.12%

turnover

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

Balance Sheet

July 2023

net assets

922.8k

+0.11%

total assets

1.8m

+0.25%

cash

29.9k

-0.56%

net assets

Total assets minus all liabilities

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company number

SC539716

Type

Private limited with Share Capital

industry

82990 - Other business support service activities n.e.c.

incorporation date

July 2016

ultimate parent company

None

previous names

N/A

address

balmacassie brae, balmacassie commercial park, ellon, AB41 8BY

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 2 charges/mortgages relating to lawrence milne decorators limited. Currently there are 2 open charges and 0 have been satisfied in the past.

lawrence milne decorators limited Company Information

lawrence milne decorators limited Estimated Valuation

lawrence milne decorators limited Estimated Valuation

lawrence milne decorators limited Estimated Valuation

Lawrence Milne Decorators Limited Overview

Lawrence Milne Decorators Limited Health Check

LAWRENCE MILNE DECORATORS LIMITED financials

lawrence milne decorators limited Credit Report and Business Information

Lawrence Milne Decorators Limited Competitor Analysis

lawrence milne decorators limited Ownership

lawrence milne decorators limited directors

lawrence milne decorators limited company details

lawrence milne decorators limited Charges & Mortgages

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