Pomanda estimates the enterprise value of K.F.BARTLETT LIMITED at £8m based on a Turnover of £10.6m and 0.75x industry multiple (adjusted for size and gross margin).
k.f.bartlett limitedEstimated Valuation
£6.6m
Pomanda estimates the enterprise value of K.F.BARTLETT LIMITED at £6.6m based on an EBITDA of £1m and a 6.31x industry multiple (adjusted for size and gross margin).
k.f.bartlett limitedEstimated Valuation
£7.2m
Pomanda estimates the enterprise value of K.F.BARTLETT LIMITED at £7.2m based on Net Assets of £2.6m and 2.76x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
K.f.bartlett LimitedOverview
K.f.bartlett Limited is a live company located in exeter, EX2 8PT with a Companies House number of 00635151. It operates in the plumbing, heat and air-conditioning installation sector, SIC Code 43220. Founded in August 1959, it's largest shareholder is
trustee of k.f. bartlett employee ownership trust
with a 100% stake. K.f.bartlett Limited is a mature,
mid sized company, Pomanda has estimated its turnover at
£10.6m with
high
growth in recent years.
Pomanda's financial health check has awarded K.F.Bartlett Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
7 Strong
1 Regular
4 Weak
Size
annual sales of £10.6m, make it larger than the average company (£575.3k)
£10.6m - K.f.bartlett Limited
£575.3k - Industry AVG
Growth
3 year (CAGR) sales growth of 15%, show it is growing at a faster rate (10.1%)
15% - K.f.bartlett Limited
10.1% - Industry AVG
Production
with a gross margin of 49.6%, this company has a lower cost of product (29.5%)
49.6% - K.f.bartlett Limited
29.5% - Industry AVG
Profitability
an operating margin of 7.2% make it more profitable than the average company (5.9%)
7.2% - K.f.bartlett Limited
5.9% - Industry AVG
Employees
with 77 employees, this is above the industry average (5)
77 - K.f.bartlett Limited
5 - Industry AVG
Pay Structure
on an average salary of £44.8k, the company has a higher pay structure (£35.4k)
£44.8k - K.f.bartlett Limited
£35.4k - Industry AVG
Efficiency
resulting in sales per employee of £137.9k, this is equally as efficient (£120.1k)
£137.9k - K.f.bartlett Limited
£120.1k - Industry AVG
Debtor Days
it gets paid by customers after 69 days, this is later than average (53 days)
69 days - K.f.bartlett Limited
53 days - Industry AVG
Creditor Days
its suppliers are paid after 29 days, this is quicker than average (46 days)
29 days - K.f.bartlett Limited
46 days - Industry AVG
Stock Days
it holds stock equivalent to 19 days, this is more than average (12 days)
19 days - K.f.bartlett Limited
12 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 25 weeks, this is more cash available to meet short term requirements (20 weeks)
25 weeks - K.f.bartlett Limited
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 45.1%, this is a lower level of debt than the average (62.1%)
45.1% - K.f.bartlett Limited
62.1% - Industry AVG
K.F.BARTLETT LIMITED financials
EXPORT
K.F.Bartlett Limited's latest turnover from December 2023 is £10.6 million and the company has net assets of £2.6 million. According to their latest financial statements, K.F.Bartlett Limited has 77 employees and maintains cash reserves of £990 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Turnover
10,620,294
11,143,245
9,690,382
6,908,798
7,215,800
6,745,989
6,638,526
6,570,847
7,349,039
8,354,681
7,324,147
6,744,104
8,322,157
7,354,738
Other Income Or Grants
Cost Of Sales
5,353,324
6,447,780
5,739,503
3,620,024
4,922,279
4,519,917
4,350,153
4,236,468
3,978,895
4,691,642
3,997,433
3,663,329
5,139,781
4,403,511
Gross Profit
5,266,970
4,695,465
3,950,879
3,288,774
2,293,521
2,226,072
2,288,372
2,334,379
3,370,144
3,663,039
3,326,714
3,080,775
3,182,376
2,951,226
Admin Expenses
4,507,898
4,110,459
3,389,646
2,851,337
1,936,451
1,852,968
2,192,914
2,140,339
3,069,873
3,299,468
3,031,753
2,849,733
3,130,322
2,842,365
-2,250,720
Operating Profit
759,072
585,006
561,233
437,437
357,070
373,104
95,458
194,040
300,271
363,571
294,961
231,042
52,054
108,861
2,250,720
Interest Payable
176
4,837
6,535
9,371
900
6,049
12,032
14,359
16,829
Interest Receivable
6,488
2
19
8,080
6,986
5,936
3,051
436
323
51
31
4,332
4,302
1,761
Pre-Tax Profit
765,384
580,171
554,698
418,065
365,149
380,090
101,394
196,191
294,658
351,862
280,653
214,244
56,386
113,163
2,252,481
Tax
-181,182
-161,505
-115,276
-81,466
-69,378
-72,217
-19,265
-39,238
-60,336
-73,376
-58,167
-40,480
-14,660
-31,685
-630,695
Profit After Tax
584,202
418,666
439,422
336,599
295,771
307,873
82,129
156,953
234,322
278,486
222,486
173,764
41,726
81,477
1,621,786
Dividends Paid
200,000
220,000
80,000
55,000
90,000
75,000
55,000
Retained Profit
584,202
218,666
219,422
256,599
295,771
307,873
82,129
156,953
179,322
188,486
147,486
118,764
41,726
81,477
1,621,786
Employee Costs
3,447,393
3,054,014
2,687,378
2,479,516
3,009,327
2,833,079
2,541,000
2,815,101
2,874,159
2,784,364
2,071,171
1,984,522
2,376,699
2,244,778
Number Of Employees
77
76
71
75
85
81
77
80
80
80
78
80
68
68
EBITDA*
1,046,910
839,971
751,780
613,910
369,754
386,510
257,864
205,422
452,472
363,571
469,010
390,685
233,275
227,182
2,359,095
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Tangible Assets
1,398,203
1,318,469
1,179,657
1,139,363
1,305,280
1,402,976
1,068,406
1,119,629
1,075,559
1,220,108
987,432
881,552
955,948
733,358
697,003
Intangible Assets
3,000
6,000
9,000
12,000
Investments & Other
76,511
527,149
537,169
734,533
530,336
4,747
16,142
Debtors (Due After 1 year)
Total Fixed Assets
1,398,203
1,318,469
1,259,168
1,672,512
1,851,449
2,149,509
1,598,742
1,119,629
1,080,306
1,236,250
987,432
881,552
955,948
733,358
697,003
Stock & work in progress
292,516
370,343
299,586
280,589
252,301
264,184
329,599
379,871
355,590
383,959
429,281
474,188
406,240
442,208
403,477
Trade Debtors
2,017,872
1,576,235
2,351,504
1,758,534
1,395,736
1,280,265
1,136,291
1,011,163
1,094,976
1,360,668
972,845
854,979
1,173,484
914,893
1,064,427
Group Debtors
525
300
481
Misc Debtors
72,951
57,891
98,630
98,552
128,407
143,762
187,766
128,982
124,728
160,577
67,461
58,528
Cash
989,974
2,364,622
2,606,166
1,648,289
1,334,465
820,083
1,042,774
1,331,733
1,109,349
507,236
974,709
920,907
716,492
1,016,479
704,260
misc current assets
total current assets
3,373,313
4,369,091
5,355,886
3,785,964
3,111,434
2,508,294
2,696,730
2,852,230
2,684,643
2,412,440
2,444,296
2,308,602
2,296,216
2,373,580
2,172,164
total assets
4,771,516
5,687,560
6,615,054
5,458,476
4,962,883
4,657,803
4,295,472
3,971,859
3,764,949
3,648,690
3,431,728
3,190,154
3,252,164
3,106,938
2,869,167
Bank overdraft
28,797
73,100
36,984
Bank loan
Trade Creditors
431,215
438,279
787,340
457,788
333,750
400,414
484,295
335,970
364,851
321,834
383,064
284,446
1,166,506
1,101,224
1,014,229
Group/Directors Accounts
125
125
125
125
53
389
416
24,908
508
273
7,752
other short term finances
hp & lease commitments
1,848
3,732
24,624
28,705
53,841
65,826
39,187
26,620
17,609
38,309
51,155
92,959
other current liabilities
1,551,613
1,013,144
1,801,788
1,176,029
991,528
895,056
836,547
833,102
748,972
857,764
686,799
657,746
total current liabilities
1,984,676
1,455,280
2,613,877
1,662,647
1,379,244
1,361,349
1,360,418
1,196,108
1,185,137
1,218,415
1,194,391
1,079,887
1,166,506
1,101,224
1,014,229
loans
hp & lease commitments
1,848
66,687
79,474
103,116
123,930
114,978
33,215
13,569
31,178
41,015
68,351
Accruals and Deferred Income
other liabilities
155,186
113,291
47,599
provisions
168,973
164,022
86,746
88,033
108,800
94,144
70,060
74,275
52,989
65,165
24,296
17,376
24,696
25,945
19,910
total long term liabilities
168,973
165,870
153,433
167,507
211,916
218,074
185,038
107,490
66,558
96,343
65,311
85,727
179,882
139,236
67,509
total liabilities
2,153,649
1,621,150
2,767,310
1,830,154
1,591,160
1,579,423
1,545,456
1,303,598
1,251,695
1,314,758
1,259,702
1,165,614
1,346,388
1,240,460
1,081,738
net assets
2,617,867
4,066,410
3,847,744
3,628,322
3,371,723
3,078,380
2,750,016
2,668,261
2,513,254
2,333,932
2,172,026
2,024,540
1,905,776
1,866,478
1,787,429
total shareholders funds
2,617,867
4,066,410
3,847,744
3,628,322
3,371,723
3,078,380
2,750,016
2,668,261
2,513,254
2,333,932
2,172,026
2,024,540
1,905,776
1,866,478
1,787,429
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Operating Activities
Operating Profit
759,072
585,006
561,233
437,437
357,070
373,104
95,458
194,040
300,271
363,571
294,961
231,042
52,054
108,861
2,250,720
Depreciation
287,838
251,965
187,547
173,473
9,684
10,406
162,406
11,382
152,201
174,049
159,643
181,221
118,321
108,375
Amortisation
3,000
3,000
3,000
3,000
3,000
Tax
-181,182
-161,505
-115,276
-81,466
-69,378
-72,217
-19,265
-39,238
-60,336
-73,376
-58,167
-40,480
-14,660
-31,685
-630,695
Stock
-77,827
70,757
18,997
28,288
-11,883
-65,415
-50,272
24,281
-28,369
-45,322
-44,907
67,948
-35,968
38,731
403,477
Debtors
456,697
-816,008
593,048
332,418
100,641
99,670
183,731
-79,078
-301,541
480,939
126,799
-259,977
258,591
-149,534
1,064,427
Creditors
-7,064
-349,061
329,552
124,038
-66,664
-83,881
148,325
-28,881
43,017
-61,230
98,618
-882,060
65,282
86,995
1,014,229
Accruals and Deferred Income
538,469
-788,644
625,759
184,501
96,472
58,509
3,445
84,130
-108,792
170,965
29,053
657,746
Deferred Taxes & Provisions
4,951
77,276
-1,287
-20,767
14,656
24,084
-4,215
21,286
-12,176
40,869
6,920
-7,320
-1,249
6,035
19,910
Cash flow from operations
1,023,214
363,288
978,483
459,510
256,082
278,750
252,695
297,516
644,095
5,182
463,542
310,600
60,025
399,330
1,294,635
Investing Activities
capital expenditure
88,012
-359,976
-111,183
-55,452
-7,652
-232,676
-237,533
-6,242
-403,811
-154,676
-805,378
Change in Investments
-76,511
-450,638
-10,020
-197,364
204,197
530,336
-4,747
-11,395
16,142
cash flow from investments
76,511
450,638
10,020
285,376
-564,173
-641,519
-50,705
3,743
-248,818
-237,533
-6,242
-403,811
-154,676
-805,378
Financing Activities
Bank loans
Group/Directors Accounts
-125
72
-336
-27
-24,492
24,400
235
-7,479
7,752
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
-3,732
-85,731
-16,868
-48,778
-32,799
35,591
94,330
28,657
-38,309
-22,683
-69,140
161,310
other long term liabilities
-155,186
41,895
65,692
47,599
share issue
-2,032,745
-2,428
20,491
-374
-1,946
-26,580
-2,428
-2,428
165,643
interest
6,312
-4,835
-6,535
-9,352
8,080
6,986
5,936
2,151
-5,613
-11,709
-14,308
-16,798
4,332
4,302
1,761
cash flow from financing
-2,030,290
-90,566
-23,403
-58,130
-27,075
62,732
99,865
4,370
-19,522
-60,737
-90,927
-2,922
43,799
67,566
215,003
cash and cash equivalents
cash
-1,374,648
-241,544
957,877
313,824
514,382
-222,691
-288,959
222,384
602,113
-467,473
53,802
204,415
-299,987
312,219
704,260
overdraft
-28,797
28,797
-73,100
36,116
36,984
change in cash
-1,374,648
-241,544
957,877
313,824
514,382
-222,691
-288,959
251,181
573,316
-394,373
17,686
167,431
-299,987
312,219
704,260
k.f.bartlett 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 k.f.bartlett limited. Get real-time insights into k.f.bartlett limited's credit score, group structure and payment trends.
Perform a competitor analysis for k.f.bartlett limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other mid companies, companies in EX2 area or any other competitors across 12 key performance metrics.
k.f.bartlett limited Ownership
K.F.BARTLETT LIMITED group structure
K.F.Bartlett Limited has no subsidiary companies.
Ultimate parent company
K.F.BARTLETT LIMITED
00635151
K.F.BARTLETT LIMITED Shareholders
The sole shareholder of K.F.Bartlett Limited is Trustee Of K.F. Bartlett Employee Ownership Trust.
trustee of k.f. bartlett employee ownership trust
100%
k.f.bartlett limited directors
K.F.Bartlett Limited currently has 5 directors.
The longest serving directors include
Mr John Ponsford (Aug 2010) and
Mr Daniel Pedrick (May 2016).
43220 - Plumbing, heat and air-conditioning installation
incorporation date
August 1959
age
66
incorporated
UK
ultimate parent company
None
accounts
Full Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
REDWOODS
address
marsh green road, marsh barton, exeter, EX2 8PT
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
BERTRAM FAIRBANKS
k.f.bartlett 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 9 charges/mortgages relating to k.f.bartlett limited. Currently there are 0 open charges and 9 have been satisfied in the past.
k.f.bartlett 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 K.F.BARTLETT LIMITED. This can take several minutes, an email will notify you when this has completed.
k.f.bartlett limitedCompanies House Filings - See Documents
