Pomanda estimates the enterprise value of H.G.KIPPAX & SONS LIMITED at £818.5k based on a Turnover of £1.5m and 0.54x industry multiple (adjusted for size and gross margin).
h.g.kippax & sons limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of H.G.KIPPAX & SONS LIMITED at £0 based on an EBITDA of £-22.7k and a 4.32x industry multiple (adjusted for size and gross margin).
h.g.kippax & sons limitedEstimated Valuation
£2.6m
Pomanda estimates the enterprise value of H.G.KIPPAX & SONS LIMITED at £2.6m based on Net Assets of £1.3m and 2.03x industry multiple (adjusted for liquidity).
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H.g.kippax & Sons LimitedOverview
H.g.kippax & Sons Limited is a live company located in moldgreen, HD5 8HF with a Companies House number of 00632761. It operates in the manufacture of other general-purpose machinery n.e.c. sector, SIC Code 28290. Founded in July 1959, it's largest shareholder is
william shepherd kippax
with a 67.1% stake. H.g.kippax & Sons Limited is a mature,
small sized company, Pomanda has estimated its turnover at
£1.5m with
declining
growth in recent years.
Pomanda's financial health check has awarded H.G.Kippax & Sons Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
3 Strong
2 Regular
7 Weak
Size
annual sales of £1.5m, make it smaller than the average company (£12.6m)
£1.5m - H.g.kippax & Sons Limited
£12.6m - Industry AVG
Growth
3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (7.9%)
-1% - H.g.kippax & Sons Limited
7.9% - Industry AVG
Production
with a gross margin of 31.5%, this company has a comparable cost of product (31.5%)
31.5% - H.g.kippax & Sons Limited
31.5% - Industry AVG
Profitability
an operating margin of -2.9% make it less profitable than the average company (6.9%)
-2.9% - H.g.kippax & Sons Limited
6.9% - Industry AVG
Employees
with 17 employees, this is below the industry average (66)
17 - H.g.kippax & Sons Limited
66 - Industry AVG
Pay Structure
on an average salary of £49.2k, the company has an equivalent pay structure (£49.2k)
£49.2k - H.g.kippax & Sons Limited
£49.2k - Industry AVG
Efficiency
resulting in sales per employee of £89.1k, this is less efficient (£170.1k)
£89.1k - H.g.kippax & Sons Limited
£170.1k - Industry AVG
Debtor Days
it gets paid by customers after 32 days, this is earlier than average (60 days)
32 days - H.g.kippax & Sons Limited
60 days - Industry AVG
Creditor Days
its suppliers are paid after 51 days, this is slower than average (42 days)
51 days - H.g.kippax & Sons Limited
42 days - Industry AVG
Stock Days
it holds stock equivalent to 255 days, this is more than average (108 days)
255 days - H.g.kippax & Sons Limited
108 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 1 weeks, this is less cash available to meet short term requirements (12 weeks)
1 weeks - H.g.kippax & Sons Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 29.2%, this is a lower level of debt than the average (42.6%)
29.2% - H.g.kippax & Sons Limited
42.6% - Industry AVG
H.G.KIPPAX & SONS LIMITED financials
EXPORT
H.G.Kippax & Sons Limited's latest turnover from December 2023 is estimated at £1.5 million and the company has net assets of £1.3 million. According to their latest financial statements, H.G.Kippax & Sons Limited has 17 employees and maintains cash reserves of £10.8 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Oct 2016
Oct 2015
Oct 2014
Oct 2013
Oct 2012
Oct 2011
Oct 2010
Oct 2009
Turnover
1,514,189
1,623,739
1,589,317
1,548,784
1,634,978
1,059,425
1,317,925
1,500,577
2,572,602
2,434,635
2,540,964
1,990,207
2,236,343
2,221,165
Other Income Or Grants
Cost Of Sales
1,037,604
1,149,651
1,160,529
1,117,647
1,144,947
746,252
907,373
1,052,081
1,838,071
1,709,237
1,740,722
1,363,698
1,591,682
1,521,316
Gross Profit
476,585
474,088
428,788
431,137
490,032
313,173
410,552
448,496
734,531
725,398
800,242
626,510
644,660
699,850
Admin Expenses
519,947
506,318
101,421
406,932
487,449
314,543
409,707
489,286
717,511
665,057
681,027
632,050
696,287
724,668
-1,169,974
Operating Profit
-43,362
-32,230
327,367
24,205
2,583
-1,370
845
-40,790
17,020
60,341
119,215
-5,540
-51,627
-24,818
1,169,974
Interest Payable
10,878
5,573
3,770
7,099
7,494
8,037
9,421
4,075
Interest Receivable
3,525
6,309
138
21
26
34
14
27
85
58
122
252
275
443
309
Pre-Tax Profit
-50,715
-31,494
323,736
17,127
-4,885
-9,373
-8,562
-44,838
17,105
60,399
119,336
-5,288
-51,352
-24,375
1,170,283
Tax
-61,510
-3,254
-3,421
-12,684
-27,447
-327,679
Profit After Tax
-50,715
-31,494
262,226
13,873
-4,885
-9,373
-8,562
-44,838
13,684
47,715
91,889
-5,288
-51,352
-24,375
842,604
Dividends Paid
Retained Profit
-50,715
-31,494
262,226
13,873
-4,885
-9,373
-8,562
-44,838
13,684
47,715
91,889
-5,288
-51,352
-24,375
842,604
Employee Costs
837,065
1,055,660
994,800
843,337
867,467
332,260
667,778
670,232
683,466
657,698
672,857
537,009
606,395
618,314
Number Of Employees
17
22
22
19
20
8
16
17
18
17
18
14
16
17
EBITDA*
-22,686
-21,903
332,430
28,312
5,687
1,608
3,273
-38,189
19,912
63,765
123,626
249
-41,700
-14,341
1,183,845
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Oct 2016
Oct 2015
Oct 2014
Oct 2013
Oct 2012
Oct 2011
Oct 2010
Oct 2009
Tangible Assets
470,957
491,633
412,209
398,995
386,141
489,851
173,736
174,432
175,141
176,842
180,670
184,798
197,297
204,094
197,944
Intangible Assets
Investments & Other
100,605
100,605
100,605
100,605
100,605
100,605
100,605
100,605
100,605
100,605
100,605
4,080
4,080
9,000
Debtors (Due After 1 year)
Total Fixed Assets
571,562
592,238
512,814
499,600
486,746
489,851
274,341
275,037
275,746
277,447
281,275
285,403
201,377
208,174
206,944
Stock & work in progress
726,595
625,117
475,474
473,370
526,381
497,365
448,924
479,364
435,916
436,349
420,629
429,335
443,001
488,207
384,649
Trade Debtors
136,042
147,141
202,471
157,565
190,916
148,353
174,575
161,984
562,207
513,687
562,395
395,404
456,211
488,976
400,873
Group Debtors
184,351
180,505
212,203
277,098
302,240
334,157
296,548
Misc Debtors
192,229
103,874
114,855
116,022
130,306
115,115
119,706
Cash
10,790
123,494
237,038
39,720
2,556
4,246
4,888
6,472
15,123
18,754
4,393
44,347
56,280
53,653
123,681
misc current assets
total current assets
1,250,007
1,180,131
1,242,041
1,063,775
1,152,399
972,206
1,077,659
1,064,074
1,013,246
968,790
987,417
869,086
955,492
1,030,836
909,203
total assets
1,821,569
1,772,369
1,754,855
1,563,375
1,639,145
1,462,057
1,352,000
1,339,111
1,288,992
1,246,237
1,268,692
1,154,489
1,156,869
1,239,010
1,116,147
Bank overdraft
107,728
47,331
10,000
31,940
154,979
67,062
171,076
130,402
Bank loan
Trade Creditors
146,836
133,689
151,501
183,383
146,378
151,952
147,608
189,386
336,642
297,288
356,924
326,058
310,375
318,934
237,163
Group/Directors Accounts
39,218
other short term finances
hp & lease commitments
other current liabilities
192,298
141,576
181,898
188,192
240,184
134,219
72,477
total current liabilities
446,862
322,596
343,399
403,515
541,541
360,350
452,903
431,483
336,642
297,288
356,924
326,058
310,375
318,934
237,163
loans
14,167
24,167
35,833
45,833
hp & lease commitments
Accruals and Deferred Income
other liabilities
46,919
63,074
10,258
20,610
30,462
43,237
65,467
provisions
23,644
21,840
3,437
4,067
1,517
1,240
1,209
1,093
1,118
1,300
total long term liabilities
84,730
109,081
39,270
49,900
1,517
735
1,240
1,209
1,093
11,376
21,910
30,462
43,237
65,467
total liabilities
531,592
431,677
382,669
453,415
543,058
361,085
454,143
432,692
337,735
308,664
378,834
356,520
353,612
384,401
237,163
net assets
1,289,977
1,340,692
1,372,186
1,109,960
1,096,087
1,100,972
897,857
906,419
951,257
937,573
889,858
797,969
803,257
854,609
878,984
total shareholders funds
1,289,977
1,340,692
1,372,186
1,109,960
1,096,087
1,100,972
897,857
906,419
951,257
937,573
889,858
797,969
803,257
854,609
878,984
Dec 2023
Dec 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Oct 2016
Oct 2015
Oct 2014
Oct 2013
Oct 2012
Oct 2011
Oct 2010
Oct 2009
Operating Activities
Operating Profit
-43,362
-32,230
327,367
24,205
2,583
-1,370
845
-40,790
17,020
60,341
119,215
-5,540
-51,627
-24,818
1,169,974
Depreciation
20,676
10,327
5,063
4,107
3,104
2,978
2,428
2,601
2,892
3,424
4,411
5,789
9,927
10,477
13,871
Amortisation
Tax
-61,510
-3,254
-3,421
-12,684
-27,447
-327,679
Stock
101,478
149,643
2,104
-53,011
29,016
48,441
-30,440
43,448
-433
15,720
-8,706
-13,666
-45,206
103,558
384,649
Debtors
81,102
-98,009
-21,156
-72,777
475,109
-475,494
45,609
16,031
48,520
-48,708
166,991
-60,807
-32,765
88,103
400,873
Creditors
13,147
-17,812
-31,882
37,005
-5,574
4,344
-41,778
-147,256
39,354
-59,636
30,866
15,683
-8,559
81,771
237,163
Accruals and Deferred Income
50,722
-40,322
-6,294
-51,992
240,184
-134,219
61,742
72,477
Deferred Taxes & Provisions
1,804
18,403
-630
2,550
1,517
-1,240
31
116
-25
-182
1,300
Cash flow from operations
-139,593
-113,268
251,166
138,409
-262,311
297,546
8,099
-172,331
7,733
24,251
-29,940
90,405
27,712
-124,231
307,807
Investing Activities
capital expenditure
-89,751
-18,277
-16,961
100,606
-319,093
-1,732
-1,892
-1,191
404
-283
6,710
-3,130
-16,627
-211,815
Change in Investments
100,605
-100,605
96,525
-4,920
9,000
cash flow from investments
-89,751
-18,277
-16,961
1
-218,488
-1,732
-1,892
-1,191
404
-283
-89,815
-3,130
-11,707
-220,815
Financing Activities
Bank loans
Group/Directors Accounts
-39,218
39,218
Other Short Term Loans
Long term loans
-10,000
-11,666
-10,000
45,833
Hire Purchase and Lease Commitments
other long term liabilities
-16,155
63,074
-10,258
-10,352
-9,852
-12,775
-22,230
65,467
share issue
212,488
36,380
interest
-7,353
736
-3,632
-7,078
-7,468
-8,003
-9,407
-4,048
85
58
122
252
275
443
309
cash flow from financing
-33,508
52,144
-13,632
38,755
-7,468
204,485
-48,625
35,170
-10,173
-10,294
-9,730
-12,523
-21,955
65,910
36,689
cash and cash equivalents
cash
-112,704
-113,544
197,318
37,164
-1,690
-642
-1,584
-8,651
-3,631
14,361
-39,954
-11,933
2,627
-70,028
123,681
overdraft
60,397
37,331
-21,940
-123,039
87,917
-104,014
40,674
130,402
change in cash
-173,101
-150,875
219,258
160,203
-89,607
103,372
-42,258
-139,053
-3,631
14,361
-39,954
-11,933
2,627
-70,028
123,681
h.g.kippax & sons limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for h.g.kippax & sons limited. Get real-time insights into h.g.kippax & sons limited's credit score, group structure and payment trends.
Perform a competitor analysis for h.g.kippax & sons limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in HD5 area or any other competitors across 12 key performance metrics.
h.g.kippax & sons limited Ownership
H.G.KIPPAX & SONS LIMITED group structure
H.G.Kippax & Sons Limited has 2 subsidiary companies.
The largest shareholders in H.G.Kippax & Sons Limited include William Shepherd Kippax and Sarah Patricia Kippax.
william shepherd kippax
67.11%
sarah patricia kippax
13.16%
andrew william jebson kippax
13.16%
craig fisher
6.58%
h.g.kippax & sons limited directors
H.G.Kippax & Sons Limited currently has 4 directors.
The longest serving directors include
Mr William Kippax (Jul 1991) and
Mrs Sarah Kippax (Jul 1997).
28290 - Manufacture of other general-purpose machinery n.e.c.
incorporation date
July 1959
age
66
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
upper bankfield mills, almondbury bank, moldgreen, huddersfield, HD5 8HF
Bank
-
Legal Advisor
-
h.g.kippax & sons 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 3 charges/mortgages relating to h.g.kippax & sons limited. Currently there are 3 open charges and 0 have been satisfied in the past.
h.g.kippax & sons 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.
Click to start generating capital raising & share issue transactions for H.G.KIPPAX & SONS LIMITED. This can take several minutes, an email will notify you when this has completed.
h.g.kippax & sons limitedCompanies House Filings - See Documents
