kasmin limited

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kasmin limited Company Information

Share KASMIN LIMITED

Company Number

00709058

Directors

John Kasmin

Mark Tenzer

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Shareholders

executors of the estate of belinda serena rosemary marchioness of & dufferin & ava

john kasmin

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Group Structure

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Industry

Other business support service activities n.e.c.

 

Registered Address

2 leman street, london, E1W 9US

kasmin limited Estimated Valuation

£135.5k

Pomanda estimates the enterprise value of KASMIN LIMITED at £135.5k based on a Turnover of £245k and 0.55x industry multiple (adjusted for size and gross margin).

kasmin limited Estimated Valuation

£119.2k

Pomanda estimates the enterprise value of KASMIN LIMITED at £119.2k based on an EBITDA of £29.5k and a 4.05x industry multiple (adjusted for size and gross margin).

kasmin limited Estimated Valuation

£741k

Pomanda estimates the enterprise value of KASMIN LIMITED at £741k based on Net Assets of £347.4k and 2.13x industry multiple (adjusted for liquidity).

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Kasmin Limited Overview

Kasmin Limited is a live company located in london, E1W 9US with a Companies House number of 00709058. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in November 1961, it's largest shareholder is executors of the estate of belinda serena rosemary marchioness of & dufferin & ava with a 99.9% stake. Kasmin Limited is a mature, micro sized company, Pomanda has estimated its turnover at £245k with declining growth in recent years.

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Kasmin Limited Health Check

Pomanda's financial health check has awarded Kasmin Limited a 3.5 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 Check Image
Health Rating3.5out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

7 Weak

size

Size

annual sales of £245k, make it smaller than the average company (£4m)

£245k - Kasmin Limited

£4m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (8.1%)

-1% - Kasmin Limited

8.1% - Industry AVG

production

Production

with a gross margin of 38.5%, this company has a comparable cost of product (38.5%)

38.5% - Kasmin Limited

38.5% - Industry AVG

profitability

Profitability

an operating margin of 11.5% make it more profitable than the average company (5.6%)

11.5% - Kasmin Limited

5.6% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (24)

2 - Kasmin Limited

24 - Industry AVG

paystructure

Pay Structure

on an average salary of £49.9k, the company has an equivalent pay structure (£49.9k)

£49.9k - Kasmin Limited

£49.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £122.5k, this is less efficient (£153.8k)

£122.5k - Kasmin Limited

£153.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 0 days, this is earlier than average (39 days)

0 days - Kasmin Limited

39 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 0 days, this is quicker than average (33 days)

0 days - Kasmin Limited

33 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 761 days, this is more than average (29 days)

761 days - Kasmin Limited

29 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 11 weeks, this is less cash available to meet short term requirements (24 weeks)

11 weeks - Kasmin Limited

24 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 22.2%, this is a lower level of debt than the average (60.7%)

22.2% - Kasmin Limited

60.7% - Industry AVG

KASMIN LIMITED financials

EXPORTms excel logo

Kasmin Limited's latest turnover from February 2024 is estimated at £245 thousand and the company has net assets of £347.4 thousand. According to their latest financial statements, we estimate that Kasmin Limited has 2 employees and maintains cash reserves of £21 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011Feb 2010
Turnover245,001203,311207,287256,017492,437434,328370,648338,810386,445379,596462,046414,230367,881367,382898,815
Other Income Or Grants
Cost Of Sales150,671124,132128,969160,697305,751270,774231,073206,950242,655240,967297,279262,687227,850221,615540,269
Gross Profit94,33079,17978,31895,320186,686163,554139,575131,860143,790138,629164,767151,543140,031145,767358,547
Admin Expenses66,16093,698102,909140,900226,855212,493143,382168,764105,236134,729189,087171,17383,019158,987-257,350
Operating Profit28,170-14,519-24,591-45,580-40,169-48,939-3,807-36,90438,5543,900-24,320-19,63057,012-13,220615,897
Interest Payable
Interest Receivable677368110342093434343344432719946840814912
Pre-Tax Profit28,847-14,151-24,481-45,546-39,960-48,596-3,373-36,57038,9963,927-24,121-19,16257,420-13,071615,910
Tax-7,212-7,799-825-14,929-172,455
Profit After Tax21,635-14,151-24,481-45,546-39,960-48,596-3,373-36,57031,1973,102-24,121-19,16242,491-13,071443,455
Dividends Paid
Retained Profit21,635-14,151-24,481-45,546-39,960-48,596-3,373-36,57031,1973,102-24,121-19,16242,491-13,071443,455
Employee Costs99,82047,41245,12142,60942,14340,84638,71838,407114,452113,587151,665147,764111,167107,548237,171
Number Of Employees211111113344336
EBITDA*29,464-13,042-23,081-45,580-40,169-47,294-2,100-36,90440,4205,867-22,441-17,64859,115-10,974618,311

* Earnings Before Interest, Tax, Depreciation and Amortisation

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011Feb 2010
Tangible Assets109,435110,729113,245114,755116,303117,897119,543121,251123,031124,897125,689127,568129,550131,653133,899
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets109,435110,729113,245114,755116,303117,897119,543121,251123,031124,897125,689127,568129,550131,653133,899
Stock & work in progress314,335312,935313,543327,635361,388395,193332,323289,059267,014384,189409,689348,282342,746366,894370,052
Trade Debtors1601604,5209,68111,74124,70315,8732,1274,65610,8556,5511,845104,005
Group Debtors
Misc Debtors1,65187219081,0585,089
Cash20,9994,77513,60930,30138,67617,11374,34799,423167,4819,5811,12978,446108,65854,6864,941
misc current assets
total current assets337,145318,742331,673368,525411,805413,364411,759413,185450,368395,897415,474437,583457,955423,425478,998
total assets446,580429,471444,918483,280528,108531,261531,302534,436573,399520,794541,163565,151587,505555,078612,897
Bank overdraft
Bank loan
Trade Creditors 3566861,1623,344117,84573286232,56534,95813,55037,02136,88840,08050,14494,892
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities98,825103,021103,609115,26780,24931,497
total current liabilities99,181103,707104,771118,611117,84580,98132,35932,56534,95813,55037,02136,88840,08050,14494,892
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions232273321378445
total long term liabilities232273321378445
total liabilities99,181103,707105,003118,884118,16681,35932,80432,56534,95813,55037,02136,88840,08050,14494,892
net assets347,399325,764339,915364,396409,942449,902498,498501,871538,441507,244504,142528,263547,425504,934518,005
total shareholders funds347,399325,764339,915364,396409,942449,902498,498501,871538,441507,244504,142528,263547,425504,934518,005
Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011Feb 2010
Operating Activities
Operating Profit28,170-14,519-24,591-45,580-40,169-48,939-3,807-36,90438,5543,900-24,320-19,63057,012-13,220615,897
Depreciation1,2941,4771,5101,6451,7071,8661,9671,8791,9822,1032,2462,414
Amortisation
Tax-7,212-7,799-825-14,929-172,455
Stock1,400-608-14,092-33,753-33,80562,87043,26422,045-117,175-25,50061,4075,536-24,148-3,158370,052
Debtors779-3,489-6,068-1,15210,683-4,031-19,6148,83013,746-2,529-6,1994,3044,706-102,160104,005
Creditors-330-476-2,182-114,501117,113-130-31,703-2,39321,408-23,471133-3,192-10,064-44,74894,892
Accruals and Deferred Income-4,196-588-11,658115,267-80,24948,75231,497
Deferred Taxes & Provisions-232-41-48-57-67445
Cash flow from operations15,547-10,241-16,802-9,95719,760-57,578-25,511-70,172157,4589,600-77,516-30,68053,56449,59666,691
Investing Activities
capital expenditure1,0391,5481,594111,780-1,175-136,313
Change in Investments
cash flow from investments1,0391,5481,594111,780-1,175-136,313
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue74,550
interest677368110342093434343344432719946840814912
cash flow from financing677368110342093434343344432719946840814974,562
cash and cash equivalents
cash16,224-8,834-16,692-8,37521,563-57,234-25,076-68,058157,9008,452-77,317-30,21253,97249,7454,941
overdraft
change in cash16,224-8,834-16,692-8,37521,563-57,234-25,076-68,058157,9008,452-77,317-30,21253,97249,7454,941

kasmin 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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Kasmin Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for kasmin limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in E1W area or any other competitors across 12 key performance metrics.

kasmin limited Ownership

KASMIN LIMITED group structure

Kasmin Limited has no subsidiary companies.

Ultimate parent company

KASMIN LIMITED

00709058

KASMIN LIMITED Shareholders

executors of the estate of belinda serena rosemary marchioness of & dufferin & ava 99.95%
john kasmin 0.04%
aaron kasmin 0.01%

kasmin limited directors

Kasmin Limited currently has 3 directors. The longest serving directors include Mr John Kasmin (Feb 1993) and Mr Mark Tenzer (Feb 2025).

officercountryagestartendrole
Mr John Kasmin90 years Feb 1993- Director
Mr Mark TenzerUnited Kingdom67 years Feb 2025- Director
Ms Melanie NutbeamUnited Kingdom68 years Feb 2025- Director

P&L

February 2024

turnover

245k

+21%

operating profit

28.2k

0%

gross margin

38.6%

-1.14%

turnover

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

Balance Sheet

February 2024

net assets

347.4k

+0.07%

total assets

446.6k

+0.04%

cash

21k

+3.4%

net assets

Total assets minus all liabilities

kasmin limited company details

company number

00709058

Type

Private limited with Share Capital

industry

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

incorporation date

November 1961

age

64

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

February 2024

previous names

N/A

accountant

-

auditor

-

address

2 leman street, london, E1W 9US

Bank

-

Legal Advisor

-

kasmin 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 2 charges/mortgages relating to kasmin limited. Currently there are 1 open charges and 1 have been satisfied in the past.

kasmin 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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kasmin limited Companies House Filings - See Documents

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