Consolidated finance

LHP Technical Services + LHP Metals & Glass · September 2026 results · cash as of 2 Oct, 10:30 AM

Group cash
AED497,100
TS 312,600 · M&G 184,500

Free after 30 days

AED93,919

81% of the cash is committed until 1 Nov

Sept income

AED313,700

after removing 40,000 inter-company

Sept expenses

AED330,300

Result −16,600M&G pre-launch

September P&L by company

Sales between the two companies are removed so nothing is counted twice

TS monthly report

AED	LHP TS	LHP M&G	Inter-company	Group
Income	254,800	98,900	−40,000	313,700
Customers outside the group	254,800	58,900	—	313,700
Sold to the other company	—	40,000	−40,000	—
Expenses	243,300	127,000	−40,000	330,300
Salaries & wages	94,600	47,500	—	142,100
Materials, subcontract & production	118,600	52,000	−40,000	130,600
Rent, utilities & other overheads	30,100	27,500	—	57,600
Result	+11,500	−28,100	0	−16,600
Net margin	4.5%	−28.4%	—	−5.3%

Company	Income	Expenses	Result
LHP Technical ServicesMargin 4.5%	254,800	243,300	+11,500
LHP Metals & GlassPre-launch · 40,000 of sales were to TS	98,900	127,000	−28,100
Inter-company removedSO-MG-26-017, counted once	−40,000	−40,000	0
Group · margin −5.3%	313,700	330,300	−16,600

TS net, Apr–Sep+14,400

M&G loss, Aug–Sep−69,300

Partners’ capital into M&G450,000

M&G break-even / month≈ 160,000

The contracting business is profitable; the group result is the factory start-up

Take out M&G’s pre-launch loss and the group made +11,500. After the 1 Nov launch M&G needs about AED 160,000 of sales a month to break even — in September it sold 98,900, of which 40,000 to TS.

Cash runway

How long cash lasts with no new income

2.5 months

Group cash AED 497,100 ÷ overhead of about AED 200,000 a month (TS 122,000 + M&G ≈ 78,000).

Technical Services2.6 mo

Metals & Glass2.4 mo

Group2.5 mo

Scale 0–3 months · the dark line is the 1-month safety line.

TS dips below one month of overhead in the weeks of 7, 14 and 21 Dec unless a project is won by mid-November. 13-week forecast

Inter-company in September

Removed from group income and expenses

Details

M&G sale to TS · SO-MG-26-01740,000
TS cost on TS-26-016 (same order)40,000
Effect on group result0

Still open: TS owes M&G AED 42,000 incl. VAT (INV-MG-26-0031), payment scheduled 12 Oct.

Bank & cash

3 bank accounts, petty cash & cash in hand · both companies

Banking

497kgroup cash

Technical Services312,600

Metals & Glass184,500

Emirates NBD current ••4521
TSreconciled 30 Sep

286,060Reconciled
Mashreq current ••0937
TSsecondary account

18,340
Emirates NBD current ••7710
M&Gincludes partners’ capital

184,500
Petty cash floats
TSRafiq 1,240 · Ramesh 860 · Vignesh 1,600 · office 2,500

6,200
Cash in hand
TS office

2,000

TotalAED 497,100

Next 30 days, per company

Money already committed vs money expected in, to 1 Nov

Technical Servicesfree 30,019 of 312,600

Metals & Glassfree 63,900 of 184,500

Groupfree 93,919 of 497,100

Committed (salaries, rent, suppliers, subcontractors, VAT)Free

Company	Cash today	Committed	Free	Expected in
Technical Services	312,600	282,581	30,019	237,578
Metals & Glass	184,500	120,600	63,900	126,285
Group	497,100	403,181	93,919	363,863

If every expected payment arrives, cash on 1 Nov is TS 267,597 · M&G 190,185. Group figures count the 42,000 TS → M&G payment as money out; inside the group it nets to zero.

Receivables

Owed by customers outside the group

Invoices

AED310,708

TS 256,558 + M&G 96,150 − inter-company 42,000 · plus TS retention held by clients 28,465

Not yet due · TS 210,512 · M&G 54,150264,662

1–30 days late · Urban Threads (TS)40,446

31–60 days late · Bean Theory Café (TS)5,600

Over 60 days0

Payables

Owed to suppliers outside the group

Bills

AED140,001

TS suppliers94,101
TS subcontractors (certified)31,200
M&G suppliers & job-work56,700
Less TS bill from M&G (inter-company)−42,000
External payables140,001

Next due: Star Hardware 4,200 on 8 Oct · Coolbreeze MEP on hold (insurance expired)

Tax & compliance dates

VAT, corporate tax, e-invoicing

VAT

TS VAT return Q3 · AED 14,380
Due 28 Oct · ready to file, reviewed by Joseph Mathew
M&G registered for VAT
Since 1 Sep 2026 · TRN 100 7788 1234 5003
Corporate tax FY2026
TS revenue ≈ AED 2.8M → Small Business Relief can be elected · related-party purchases from M&G 58,900
E-invoicing (PINT-AE)
Appoint a service provider by 31 Mar 2027 · mandatory from 1 Jul 2027

TS cash flow

Commitments, collections and the 13-week forecast.

TS monthly report

September management report with risks for October.

M&G finance

Capital, monthly burn and the break-even plan.

Inter-company

Orders, balances and pricing between the companies.