arriva kent & surrey limited

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arriva kent & surrey limited Company Information

Share ARRIVA KENT & SURREY LIMITED

Company Number

00114841

Shareholders

arriva uk bus holdings limited

Group Structure

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Industry

Urban, suburban or metropolitan area passenger land transport other than railway transportation by underground, metro and similar systems

 

Registered Address

1 admiral way doxford, international business park, sunderland, tyne & wear, SR3 3XP

arriva kent & surrey limited Estimated Valuation

£37m

Pomanda estimates the enterprise value of ARRIVA KENT & SURREY LIMITED at £37m based on a Turnover of £32.1m and 1.15x industry multiple (adjusted for size and gross margin).

arriva kent & surrey limited Estimated Valuation

£22.1k

Pomanda estimates the enterprise value of ARRIVA KENT & SURREY LIMITED at £22.1k based on an EBITDA of £3k and a 7.37x industry multiple (adjusted for size and gross margin).

arriva kent & surrey limited Estimated Valuation

£0

Pomanda estimates the enterprise value of ARRIVA KENT & SURREY LIMITED at £0 based on Net Assets of £-13.6m and 2.45x industry multiple (adjusted for liquidity).

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Arriva Kent & Surrey Limited Overview

Arriva Kent & Surrey Limited is a live company located in sunderland, SR3 3XP with a Companies House number of 00114841. It operates in the other urban, suburban or metropolitan passenger land transport (not underground, metro or similar) sector, SIC Code 49319. Founded in March 1911, it's largest shareholder is arriva uk bus holdings limited with a 100% stake. Arriva Kent & Surrey Limited is a mature, large sized company, Pomanda has estimated its turnover at £32.1m with low growth in recent years.

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Arriva Kent & Surrey Limited Health Check

Pomanda's financial health check has awarded Arriva Kent & Surrey Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

4 Regular

positive_score

5 Weak

size

Size

annual sales of £32.1m, make it in line with the average company (£28.4m)

£32.1m - Arriva Kent & Surrey Limited

£28.4m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (2.8%)

1% - Arriva Kent & Surrey Limited

2.8% - Industry AVG

production

Production

with a gross margin of 6.8%, this company has a lower cost of product (3.2%)

6.8% - Arriva Kent & Surrey Limited

3.2% - Industry AVG

profitability

Profitability

an operating margin of -2.3% make it less profitable than the average company (0.8%)

-2.3% - Arriva Kent & Surrey Limited

0.8% - Industry AVG

employees

Employees

with 548 employees, this is above the industry average (450)

548 - Arriva Kent & Surrey Limited

450 - Industry AVG

paystructure

Pay Structure

on an average salary of £39.6k, the company has an equivalent pay structure (£35.3k)

£39.6k - Arriva Kent & Surrey Limited

£35.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £58.7k, this is equally as efficient (£65.3k)

£58.7k - Arriva Kent & Surrey Limited

£65.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 9 days, this is near the average (7 days)

9 days - Arriva Kent & Surrey Limited

7 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Arriva Kent & Surrey Limited

- - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 5 days, this is more than average (4 days)

5 days - Arriva Kent & Surrey Limited

4 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (6 weeks)

0 weeks - Arriva Kent & Surrey Limited

6 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 208.6%, this is a higher level of debt than the average (64.1%)

208.6% - Arriva Kent & Surrey Limited

64.1% - Industry AVG

ARRIVA KENT & SURREY LIMITED financials

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Arriva Kent & Surrey Limited's latest turnover from December 2023 is £32.1 million and the company has net assets of -£13.6 million. According to their latest financial statements, Arriva Kent & Surrey Limited has 548 employees and maintains cash reserves of £336 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover32,142,00028,607,00031,287,00031,294,00042,337,00042,351,00043,323,00045,154,00047,432,00049,110,00048,473,00017,556,00016,097,00016,018,00015,819,000
Other Income Or Grants000000000000000
Cost Of Sales29,949,00030,348,00046,156,00039,012,00043,492,00036,904,00037,542,00037,487,00037,595,00037,022,00035,915,00011,693,00010,773,00011,333,00011,847,000
Gross Profit2,193,000-1,741,000-14,869,000-7,718,000-1,155,0005,447,0005,781,0007,667,0009,837,00012,088,00012,558,0005,863,0005,324,0004,685,0003,972,000
Admin Expenses2,920,00037,0001,788,000-5,285,0006,736,0008,063,0006,585,0006,047,0005,284,0005,426,0005,563,9612,428,7942,248,3322,481,0002,412,000
Operating Profit-727,000-1,778,000-16,657,000-2,433,000-7,891,000-2,616,000-804,0001,620,0004,553,0006,662,0006,994,0393,434,2063,075,6682,204,0001,560,000
Interest Payable931,000327,000230,000347,000358,000186,00068,00012,00014,0008,0002,0000003,000
Interest Receivable0000000012,00031,000214,0000002,000
Pre-Tax Profit-1,658,000-2,105,000-16,887,000-2,780,000-8,249,000-2,802,000-872,0001,608,0004,551,0006,440,0007,524,0003,527,0003,226,0002,204,0001,559,000
Tax325,000740,000-906,0002,917,0001,055,000482,000116,000-303,000-859,000-1,543,000-2,135,000-917,000-950,000-702,000-549,000
Profit After Tax-1,333,000-1,365,000-17,793,000137,000-7,194,000-2,320,000-756,0001,305,0003,692,0004,897,0005,389,0002,610,0002,276,0001,502,0001,010,000
Dividends Paid0000003,000,0000000000508,000
Retained Profit-1,333,000-1,365,000-17,793,000137,000-7,194,000-2,320,000-3,756,0001,305,0003,692,0004,897,0005,389,0002,610,0002,276,0001,502,000502,000
Employee Costs21,724,00021,417,00029,284,00017,745,70530,558,00030,004,00029,026,00028,577,00026,275,00024,952,00023,877,0007,536,0007,194,0007,566,0007,826,000
Number Of Employees548589758584851890893892854835835283282293310
EBITDA*3,000-1,305,000-762,000-2,433,000-4,140,000889,0002,543,0004,783,0008,337,00010,352,0008,331,0393,811,2063,578,6682,679,0002,129,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets7,918,0006,945,0006,696,00029,711,00034,479,00034,450,00034,109,00027,335,00022,079,00022,629,00019,962,000546,000847,000931,0001,444,000
Intangible Assets000000118,000238,000358,000478,000598,000278,000325,000372,000419,000
Investments & Other000000000000000
Debtors (Due After 1 year)079,000330,000093,000231,000395,000333,0000000000
Total Fixed Assets7,918,0007,024,0007,026,00029,711,00034,572,00034,681,00034,622,00027,906,00022,437,00023,107,00020,560,000824,0001,172,0001,303,0001,863,000
Stock & work in progress477,000492,000505,000505,000419,000345,000434,000313,000353,000347,000299,00054,00081,00073,0000
Trade Debtors793,000645,000796,00012,265,000603,000937,0001,858,0001,695,0001,220,000665,000994,000209,000272,000195,000226,000
Group Debtors460,000292,0001,756,00002,857,0002,100,0001,758,0004,873,000161,096,000172,258,000174,869,00014,119,0007,025,0004,222,0001,710,000
Misc Debtors2,504,0002,984,0004,202,00002,588,0003,526,0003,738,0002,491,0002,550,0002,336,0001,671,000706,000583,000588,000703,000
Cash336,000292,000210,0009,000341,000768,000678,000838,000647,0001,649,0001,864,0001,0001,0002,0000
misc current assets001,439,000000000000000
total current assets4,570,0004,705,0008,908,00012,779,0006,808,0007,676,0008,466,00010,210,000165,866,000177,255,000179,697,00015,089,0007,962,0005,080,0002,639,000
total assets12,488,00011,729,00015,934,00042,490,00041,380,00042,357,00043,088,00038,116,000188,303,000200,362,000200,257,00015,913,0009,134,0006,383,0004,502,000
Bank overdraft00000000000000734,000
Bank loan000000000000000
Trade Creditors 0032,00024,822,00000000000000
Group/Directors Accounts16,881,00013,777,00013,497,000015,169,00011,418,0008,149,0006,891,000158,946,000169,262,000175,653,0005,129,0001,074,000918,00076,000
other short term finances0000108,000207,000206,000445,0001,506,0001,174,00000000
hp & lease commitments379,000306,000333,0000513,00000000200,0000000
other current liabilities2,526,0003,236,0006,037,00008,115,00010,151,0009,501,0009,241,0008,807,0009,668,0008,117,0001,081,000994,000675,000438,000
total current liabilities19,786,00017,319,00019,899,00024,822,00023,905,00021,776,00017,856,00016,577,000169,259,000180,104,000183,970,0006,210,0002,068,0001,593,0001,248,000
loans00003,611,0005,700,0007,566,000263,0001,663,0001,534,00000000
hp & lease commitments2,660,0002,373,0002,657,00006,290,0000000000000
Accruals and Deferred Income061,00000094,000299,000717,0001,017,000642,000478,0000000
other liabilities0007,883,00000000000000
provisions3,606,0003,684,0003,617,0003,569,000674,000811,000832,000752,000224,000320,000778,00061,00034,00034,0000
total long term liabilities6,266,0006,118,0006,274,00011,452,00010,575,0006,605,0008,697,0001,732,0002,904,0002,496,0001,256,00061,00034,00034,0000
total liabilities26,052,00023,437,00026,173,00036,274,00034,480,00028,381,00026,553,00018,309,000172,163,000182,600,000185,226,0006,271,0002,102,0001,627,0001,248,000
net assets-13,564,000-11,708,000-10,239,0006,216,0006,900,00013,976,00016,535,00019,807,00016,140,00017,762,00015,031,0009,642,0007,032,0004,756,0003,254,000
total shareholders funds-13,564,000-11,708,000-10,239,0006,216,0006,900,00013,976,00016,535,00019,807,00016,140,00017,762,00015,031,0009,642,0007,032,0004,756,0003,254,000
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit-727,000-1,778,000-16,657,000-2,433,000-7,891,000-2,616,000-804,0001,620,0004,553,0006,662,0006,994,0393,434,2063,075,6682,204,0001,560,000
Depreciation730,000473,00015,895,00003,751,0003,387,0003,227,0003,043,0003,664,000120,0001,217,000330,000456,000428,000522,000
Amortisation00000118,000120,000120,000120,0003,570,000120,00047,00047,00047,00047,000
Tax325,000740,000-906,0002,917,0001,055,000482,000116,000-303,000-859,000-1,543,000-2,135,000-917,000-950,000-702,000-549,000
Stock-15,000-13,000086,00074,000-89,000121,000-40,0006,00048,000245,000-27,0008,00073,0000
Debtors-243,000-3,084,000-5,181,0006,124,000-653,000-955,000-1,643,000-155,474,000-10,393,000-2,275,000162,500,0007,154,0002,875,0002,366,0002,639,000
Creditors0-32,000-24,790,00024,822,00000000000000
Accruals and Deferred Income-771,000-2,740,0006,037,000-8,115,000-2,130,000445,000-158,000134,000-486,0001,715,0007,514,00087,000319,000237,000438,000
Deferred Taxes & Provisions-78,00067,00048,0002,895,000-137,000-21,00080,000528,000-96,000-458,000717,00027,000034,0000
Cash flow from operations-263,000-173,000-15,192,00013,876,000-4,773,0002,839,0004,103,000160,656,00017,283,00012,293,000-148,317,961-4,118,79464,668-191,000-621,000
Investing Activities
capital expenditure-1,703,000-722,0007,120,0004,768,000-3,780,000-3,728,000-10,001,000-8,299,000-3,114,000-6,237,000-21,073,000-29,000-372,00085,000-2,432,000
Change in Investments000000000000000
cash flow from investments-1,703,000-722,0007,120,0004,768,000-3,780,000-3,728,000-10,001,000-8,299,000-3,114,000-6,237,000-21,073,000-29,000-372,00085,000-2,432,000
Financing Activities
Bank loans000000000000000
Group/Directors Accounts3,104,000280,00013,497,000-15,169,0003,751,0003,269,0001,258,000-152,055,000-10,316,000-6,391,000170,524,0004,055,000156,000842,00076,000
Other Short Term Loans 000-108,000-99,0001,000-239,000-1,061,000332,0001,174,00000000
Long term loans000-3,611,000-2,089,000-1,866,0007,303,000-1,400,000129,0001,534,00000000
Hire Purchase and Lease Commitments360,000-311,0002,990,000-6,803,0006,803,0000000-200,000200,0000000
other long term liabilities00-7,883,0007,883,00000000000000
share issue-523,000-104,0001,338,000-821,000118,000-239,000484,0002,362,000-5,314,000-2,166,00000002,752,000
interest-931,000-327,000-230,000-347,000-358,000-186,000-68,000-12,000-2,00023,000212,000000-1,000
cash flow from financing2,010,000-462,0009,712,000-18,976,0008,126,000979,0008,738,000-152,166,000-15,171,000-6,026,000170,936,0004,055,000156,000842,0002,827,000
cash and cash equivalents
cash44,00082,000201,000-332,000-427,00090,000-160,000191,000-1,002,000-215,0001,863,0000-1,0002,0000
overdraft0000000000000-734,000734,000
change in cash44,00082,000201,000-332,000-427,00090,000-160,000191,000-1,002,000-215,0001,863,0000-1,000736,000-734,000

arriva kent & surrey 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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Arriva Kent & Surrey Limited Competitor Analysis

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Perform a competitor analysis for arriva kent & surrey limited by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other large companies, companies in SR3 area or any other competitors across 12 key performance metrics.

arriva kent & surrey limited Ownership

ARRIVA KENT & SURREY LIMITED group structure

Arriva Kent & Surrey Limited has no subsidiary companies.

Ultimate parent company

ISQ GLOBAL FUND III GP LLC

#0156524

2 parents

ARRIVA KENT & SURREY LIMITED

00114841

ARRIVA KENT & SURREY LIMITED Shareholders

arriva uk bus holdings limited 100%

arriva kent & surrey limited directors

Arriva Kent & Surrey Limited currently has 3 directors. The longest serving directors include Mr Christopher Burley (Feb 2022) and Mr Leon Hall (Mar 2023).

officercountryagestartendrole
Mr Christopher Burley42 years Feb 2022- Director
Mr Leon Hall52 years Mar 2023- Director
Leighsen Tomkins56 years Aug 2024- Director

P&L

December 2023

turnover

32.1m

+12%

operating profit

-727k

-59%

gross margin

6.9%

-212.11%

turnover

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

Balance Sheet

December 2023

net assets

-13.6m

+0.16%

total assets

12.5m

+0.06%

cash

336k

+0.15%

net assets

Total assets minus all liabilities

arriva kent & surrey limited company details

company number

00114841

Type

Private limited with Share Capital

industry

49319 - Urban, suburban or metropolitan area passenger land transport other than railway transportation by underground, metro and similar systems

incorporation date

March 1911

age

114

incorporated

UK

ultimate parent company

ISQ GLOBAL FUND III GP LLC

accounts

Full Accounts

last accounts submitted

December 2023

previous names

arriva kent & sussex limited (October 2012)

maidstone & district motor services limited(the) (April 1998)

accountant

-

auditor

PRICEWATERHOUSECOOPERS LLP

address

1 admiral way doxford, international business park, sunderland, tyne & wear, SR3 3XP

Bank

-

Legal Advisor

-

arriva kent & surrey 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 15 charges/mortgages relating to arriva kent & surrey limited. Currently there are 2 open charges and 13 have been satisfied in the past.

arriva kent & surrey 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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arriva kent & surrey limited Companies House Filings - See Documents

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