commodore kitchens limited
commodore kitchens limited Company Information
Company Number
01418535
Next Accounts
Sep 2025
Shareholders
nobia holdings uk limited
Group Structure
View All
Industry
Manufacture of kitchen furniture
Registered Address
acorn house, gumley road, grays, essex, RM20 4XP
Website
www.commodorekitchens.co.ukcommodore kitchens limited Estimated Valuation
Pomanda estimates the enterprise value of COMMODORE KITCHENS LIMITED at £5.2m based on a Turnover of £16.9m and 0.31x industry multiple (adjusted for size and gross margin).
commodore kitchens limited Estimated Valuation
Pomanda estimates the enterprise value of COMMODORE KITCHENS LIMITED at £0 based on an EBITDA of £-6.4m and a 2.97x industry multiple (adjusted for size and gross margin).
commodore kitchens limited Estimated Valuation
Pomanda estimates the enterprise value of COMMODORE KITCHENS LIMITED at £7.6m based on Net Assets of £4.3m and 1.79x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Commodore Kitchens Limited Overview
Commodore Kitchens Limited is a live company located in grays, RM20 4XP with a Companies House number of 01418535. It operates in the manufacture of kitchen furniture sector, SIC Code 31020. Founded in May 1979, it's largest shareholder is nobia holdings uk limited with a 100% stake. Commodore Kitchens Limited is a mature, mid sized company, Pomanda has estimated its turnover at £16.9m with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Commodore Kitchens Limited Health Check
Pomanda's financial health check has awarded Commodore Kitchens Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
5 Weak
Size
annual sales of £16.9m, make it larger than the average company (£13.3m)
£16.9m - Commodore Kitchens Limited
£13.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -19%, show it is growing at a slower rate (7.7%)
-19% - Commodore Kitchens Limited
7.7% - Industry AVG
Production
with a gross margin of 7.4%, this company has a higher cost of product (30.2%)
7.4% - Commodore Kitchens Limited
30.2% - Industry AVG
Profitability
an operating margin of -39.3% make it less profitable than the average company (3.1%)
-39.3% - Commodore Kitchens Limited
3.1% - Industry AVG
Employees
with 93 employees, this is similar to the industry average (93)
93 - Commodore Kitchens Limited
93 - Industry AVG
Pay Structure
on an average salary of £40.8k, the company has an equivalent pay structure (£34.6k)
£40.8k - Commodore Kitchens Limited
£34.6k - Industry AVG
Efficiency
resulting in sales per employee of £181.2k, this is more efficient (£143.3k)
£181.2k - Commodore Kitchens Limited
£143.3k - Industry AVG
Debtor Days
it gets paid by customers after 217 days, this is later than average (42 days)
217 days - Commodore Kitchens Limited
42 days - Industry AVG
Creditor Days
its suppliers are paid after 30 days, this is quicker than average (45 days)
30 days - Commodore Kitchens Limited
45 days - Industry AVG
Stock Days
it holds stock equivalent to 46 days, this is less than average (62 days)
46 days - Commodore Kitchens Limited
62 days - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Commodore Kitchens Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 66.2%, this is a similar level of debt than the average (64.3%)
66.2% - Commodore Kitchens Limited
64.3% - Industry AVG
COMMODORE KITCHENS LIMITED financials
Commodore Kitchens Limited's latest turnover from December 2023 is £16.9 million and the company has net assets of £4.3 million. According to their latest financial statements, Commodore Kitchens Limited has 93 employees and maintains cash reserves of 0 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 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 16,856,000 | 19,494,000 | 28,228,000 | 31,304,000 | 41,991,981 | 50,830,787 | 51,691,671 | 47,271,368 | 38,276,557 | 27,679,626 | 18,775,302 | 21,290,157 | 15,400,339 | 10,016,673 | 12,220,207 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 15,617,000 | 15,976,000 | 21,593,000 | 25,924,000 | 30,562,629 | 38,633,151 | 39,087,777 | 33,810,529 | 28,375,183 | 20,739,932 | 13,257,543 | 15,109,525 | 11,280,403 | 7,260,623 | 8,702,297 |
| Gross Profit | 1,239,000 | 3,518,000 | 6,635,000 | 5,380,000 | 11,429,352 | 12,197,636 | 12,603,894 | 13,460,839 | 9,901,374 | 6,939,694 | 5,517,759 | 6,180,632 | 4,119,936 | 2,756,050 | 3,517,910 |
| Admin Expenses | 7,861,000 | 7,337,000 | 8,105,000 | 8,611,000 | 8,881,862 | 6,958,437 | 6,811,235 | 7,412,325 | 3,794,642 | 4,379,580 | 3,822,358 | 4,173,795 | 3,607,127 | 3,269,019 | 3,502,368 |
| Operating Profit | -6,622,000 | -3,819,000 | -1,470,000 | -3,231,000 | 2,547,490 | 5,239,199 | 5,792,659 | 6,048,514 | 6,106,732 | 2,560,114 | 1,695,401 | 2,006,837 | 512,809 | -512,969 | 15,542 |
| Interest Payable | 4,000 | 1,000 | 4,246 | 4,230 | 4,284 | 16,490 | 14,449 | 6,916 | 3,493 | 2,959 | 1,442 | 161 | 112 | ||
| Interest Receivable | 1,711 | 7,721 | 28,497 | 197,150 | 4,719 | 13,640 | 19,272 | 29,795 | 69,337 | 59,330 | |||||
| Pre-Tax Profit | -6,622,000 | -3,819,000 | -1,474,000 | -3,232,000 | 2,541,813 | 5,238,111 | 5,796,096 | 6,060,521 | 6,289,433 | 2,557,917 | 1,705,548 | 2,023,150 | 541,162 | -443,793 | 74,760 |
| Tax | 1,526,000 | 676,000 | 449,000 | 533,000 | -533,064 | -994,456 | -1,075,748 | -1,284,569 | -1,300,512 | -569,279 | -412,614 | -519,870 | -123,995 | 86,408 | -50,866 |
| Profit After Tax | -5,096,000 | -3,143,000 | -1,025,000 | -2,699,000 | 2,008,749 | 4,243,655 | 4,720,348 | 4,775,952 | 4,988,921 | 1,988,638 | 1,292,934 | 1,503,280 | 417,167 | -357,385 | 23,894 |
| Dividends Paid | 8,000,000 | 6,795,446 | 150,000 | 350,000 | |||||||||||
| Retained Profit | -5,096,000 | -3,143,000 | -1,025,000 | -2,699,000 | 2,008,749 | 4,243,655 | -3,279,652 | -2,019,494 | 4,988,921 | 1,988,638 | 1,292,934 | 1,353,280 | 417,167 | -357,385 | -326,106 |
| Employee Costs | 3,796,000 | 4,720,000 | 5,310,000 | 5,988,000 | 6,348,939 | 6,503,575 | 6,509,540 | 6,796,629 | 4,437,781 | 3,910,640 | 3,101,316 | 3,232,137 | 2,980,315 | 2,314,126 | 2,553,986 |
| Number Of Employees | 93 | 105 | 133 | 149 | 158 | 164 | 152 | 134 | 111 | 95 | 88 | 88 | 83 | 78 | 87 |
| EBITDA* | -6,436,000 | -3,455,000 | -1,128,000 | -3,231,000 | 2,730,054 | 5,415,725 | 6,051,138 | 6,429,713 | 6,429,345 | 2,865,694 | 1,947,230 | 2,132,852 | 594,490 | -453,219 | 147,645 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 497,000 | 1,136,000 | 1,262,000 | 1,511,000 | 686,644 | 500,391 | 437,460 | 451,129 | 668,185 | 4,420,168 | 4,497,177 | 4,108,710 | 731,073 | 172,582 | 125,439 |
| Intangible Assets | 67,000 | 816,000 | 792,000 | 497,000 | 95,945 | ||||||||||
| Investments & Other | 501,756 | 501,756 | |||||||||||||
| Debtors (Due After 1 year) | 1,240,000 | 1,499,000 | 1,856,000 | 1,988,309 | 656,500 | 606,500 | 606,500 | 291,500 | |||||||
| Total Fixed Assets | 564,000 | 3,192,000 | 3,553,000 | 3,864,000 | 2,770,898 | 500,391 | 437,460 | 451,129 | 668,185 | 5,076,668 | 5,103,677 | 4,715,210 | 1,022,573 | 674,338 | 627,195 |
| Stock & work in progress | 2,009,000 | 2,521,000 | 2,172,000 | 3,899,000 | 3,562,631 | 2,279,764 | 3,654,000 | 3,460,600 | 2,923,380 | 3,430,699 | 1,633,085 | 1,323,364 | 1,335,588 | 882,917 | 814,710 |
| Trade Debtors | 10,032,000 | 3,496,000 | 6,159,000 | 6,749,000 | 7,417,550 | 10,786,874 | 10,048,765 | 8,057,344 | 6,248,275 | 6,469,514 | 4,268,303 | 3,534,338 | 3,600,552 | 1,744,859 | 2,195,165 |
| Group Debtors | 667,000 | 696,000 | 702,000 | 675,410 | 661,910 | 678,605 | 1,873,352 | ||||||||
| Misc Debtors | 3,678,000 | 1,912,000 | 2,297,000 | 1,888,696 | 2,076,422 | 1,921,998 | 1,123,175 | 1,749,491 | 484,920 | 452,153 | 497,970 | 769,229 | 542,179 | 233,524 | |
| Cash | 1,302,000 | 1,836,000 | 3,502,540 | 6,142,087 | 7,057,814 | 4,254,889 | 9,013,358 | 1,045,274 | 1,354,300 | 1,006,490 | 1,738,303 | 2,947,092 | 3,211,513 | ||
| misc current assets | |||||||||||||||
| total current assets | 12,041,000 | 10,362,000 | 12,241,000 | 15,483,000 | 17,046,827 | 21,947,057 | 23,361,182 | 18,769,360 | 19,934,504 | 11,430,407 | 7,707,841 | 6,362,162 | 7,443,672 | 6,117,047 | 6,454,912 |
| total assets | 12,605,000 | 13,554,000 | 15,794,000 | 19,347,000 | 19,817,725 | 22,447,448 | 23,798,642 | 19,220,489 | 20,602,689 | 16,507,075 | 12,811,518 | 11,077,372 | 8,466,245 | 6,791,385 | 7,082,107 |
| Bank overdraft | 4,899,000 | 1,862,000 | 520,145 | ||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 1,317,000 | 1,203,000 | 2,436,000 | 5,087,000 | 2,722,894 | 3,371,987 | 3,265,189 | 3,634,538 | 2,947,158 | 3,229,825 | 1,843,313 | 1,590,473 | 1,989,163 | 1,081,101 | 981,477 |
| Group/Directors Accounts | 406,000 | 208,000 | 343,000 | 224,000 | 78,490 | 3,584,207 | 8,066,752 | 787,784 | 838,450 | 1,047,911 | 50,677 | ||||
| other short term finances | |||||||||||||||
| hp & lease commitments | 8,676 | 17,641 | 16,451 | 84,451 | 186,232 | 149,155 | 36,229 | 27,585 | 4,270 | 4,270 | |||||
| other current liabilities | 1,722,000 | 925,000 | 516,000 | 512,000 | 784,106 | 1,247,694 | 1,933,623 | 2,208,882 | 2,008,187 | 1,809,374 | 1,791,484 | 1,366,065 | 809,512 | 455,610 | 463,620 |
| total current liabilities | 8,344,000 | 4,198,000 | 3,295,000 | 5,823,000 | 3,594,166 | 8,221,529 | 13,802,160 | 5,927,871 | 5,141,577 | 5,976,138 | 4,509,476 | 4,032,034 | 2,802,945 | 1,540,981 | 1,495,774 |
| loans | |||||||||||||||
| hp & lease commitments | 8,062 | 25,742 | 42,226 | 172,743 | 218,026 | 9,714 | 45,943 | 17,185 | 21,456 | ||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 18,483 | 31,947 | |||||||||||||
| total long term liabilities | 8,062 | 25,742 | 42,226 | 191,226 | 249,973 | 9,714 | 45,943 | 17,185 | 21,456 | ||||||
| total liabilities | 8,344,000 | 4,198,000 | 3,295,000 | 5,823,000 | 3,594,166 | 8,229,591 | 13,827,902 | 5,970,097 | 5,332,803 | 6,226,111 | 4,519,190 | 4,077,977 | 2,820,130 | 1,562,437 | 1,495,774 |
| net assets | 4,261,000 | 9,356,000 | 12,499,000 | 13,524,000 | 16,223,559 | 14,217,857 | 9,970,740 | 13,250,392 | 15,269,886 | 10,280,964 | 8,292,328 | 6,999,395 | 5,646,115 | 5,228,948 | 5,586,333 |
| total shareholders funds | 4,261,000 | 9,356,000 | 12,499,000 | 13,524,000 | 16,223,559 | 14,217,857 | 9,970,740 | 13,250,392 | 15,269,886 | 10,280,964 | 8,292,328 | 6,999,395 | 5,646,115 | 5,228,948 | 5,586,333 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | -6,622,000 | -3,819,000 | -1,470,000 | -3,231,000 | 2,547,490 | 5,239,199 | 5,792,659 | 6,048,514 | 6,106,732 | 2,560,114 | 1,695,401 | 2,006,837 | 512,809 | -512,969 | 15,542 |
| Depreciation | 130,000 | 237,000 | 257,000 | 182,564 | 176,526 | 258,479 | 381,199 | 322,613 | 305,580 | 251,829 | 126,015 | 81,681 | 59,750 | 132,103 | |
| Amortisation | 56,000 | 127,000 | 85,000 | ||||||||||||
| Tax | 1,526,000 | 676,000 | 449,000 | 533,000 | -533,064 | -994,456 | -1,075,748 | -1,284,569 | -1,300,512 | -569,279 | -412,614 | -519,870 | -123,995 | 86,408 | -50,866 |
| Stock | -512,000 | 349,000 | -1,727,000 | 336,369 | 1,282,867 | -1,374,236 | 193,400 | 537,220 | -507,319 | 1,797,614 | 309,721 | -12,224 | 452,671 | 68,207 | 814,710 |
| Debtors | 951,000 | -1,185,000 | -1,338,000 | -365,965 | -1,555,241 | 875,838 | 1,595,497 | 3,056,105 | 386,832 | 2,283,978 | 688,148 | -22,473 | 2,374,243 | -141,651 | 2,428,689 |
| Creditors | 114,000 | -1,233,000 | -2,651,000 | 2,364,106 | -649,093 | 106,798 | -369,349 | 687,380 | -282,667 | 1,386,512 | 252,840 | -398,690 | 908,062 | 99,624 | 981,477 |
| Accruals and Deferred Income | 797,000 | 409,000 | 4,000 | -272,106 | -463,588 | -685,929 | -275,259 | 200,695 | 198,813 | 17,890 | 425,419 | 556,553 | 353,902 | -8,010 | 463,620 |
| Deferred Taxes & Provisions | -18,483 | -13,464 | 31,947 | ||||||||||||
| Cash flow from operations | -4,438,000 | -2,767,000 | -261,000 | 1,356,683 | 4,340,536 | 2,541,885 | 2,421,411 | 5,152,002 | -348,828 | 1,215,006 | 1,805,542 | -1,094,455 | -201,753 | -1,701,523 | |
| Investing Activities | |||||||||||||||
| capital expenditure | -155,093 | 3,451,035 | -129,800 | -634,982 | -3,470,175 | -142,657 | -81,604 | -1,161 | |||||||
| Change in Investments | -501,756 | 501,756 | |||||||||||||
| cash flow from investments | -155,093 | 3,451,035 | -129,800 | -634,982 | -3,470,175 | 359,099 | -81,604 | -502,917 | |||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | 198,000 | -135,000 | 119,000 | 145,510 | -3,505,717 | -4,482,545 | 8,066,752 | -787,784 | -50,666 | -209,461 | 1,047,911 | -50,677 | 50,677 | ||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | -8,676 | -17,027 | -16,490 | -84,484 | -232,298 | -8,206 | 321,238 | -27,585 | 52,073 | -4,271 | 25,726 | ||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | -4,000 | -1,000 | -4,246 | -2,519 | 3,437 | 12,007 | 182,701 | -2,197 | 10,147 | 16,313 | 28,353 | 69,176 | 59,218 | ||
| cash flow from financing | 199,000 | -135,000 | 115,000 | 135,275 | -3,530,037 | -4,498,092 | 7,985,705 | -220,291 | -613,288 | 268,373 | -226,900 | 1,116,297 | 24,082 | 44,225 | 6,022,334 |
| cash and cash equivalents | |||||||||||||||
| cash | -1,302,000 | -534,000 | -1,666,540 | -2,639,547 | -915,727 | 2,802,925 | -4,758,469 | 7,968,084 | -309,026 | 347,810 | -731,813 | -1,208,789 | -264,421 | 3,211,513 | |
| overdraft | 3,037,000 | 1,862,000 | -520,145 | 520,145 | |||||||||||
| change in cash | -3,037,000 | -3,164,000 | -534,000 | -1,666,540 | -2,639,547 | -395,582 | 2,282,780 | -4,758,469 | 7,968,084 | -309,026 | 347,810 | -731,813 | -1,208,789 | -264,421 | 3,211,513 |
commodore kitchens limited Credit Report and Business Information
Commodore Kitchens Limited Competitor Analysis
Perform a competitor analysis for commodore kitchens limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in RM20 area or any other competitors across 12 key performance metrics.
commodore kitchens limited Ownership
COMMODORE KITCHENS LIMITED group structure
Commodore Kitchens Limited has no subsidiary companies.
Ultimate parent company
NOBIA AB
#0003990
2 parents
COMMODORE KITCHENS LIMITED
01418535
commodore kitchens limited directors
Commodore Kitchens Limited currently has 5 directors. The longest serving directors include Mr Kristoffer Ljungfelt (Oct 2016) and Mr Philip Skold (Jul 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Kristoffer Ljungfelt | Sweden | 47 years | Oct 2016 | - | Director |
| Mr Philip Skold | 53 years | Jul 2022 | - | Director | |
| Mr Philip Skold | 53 years | Jul 2022 | - | Director | |
| Mrs Gemma Doyle | 39 years | Feb 2024 | - | Director | |
| Mr George Dymond | England | 50 years | May 2024 | - | Director |
P&L
December 2023turnover
16.9m
-14%
operating profit
-6.6m
+73%
gross margin
7.4%
-59.27%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
4.3m
-0.54%
total assets
12.6m
-0.07%
cash
0
0%
net assets
Total assets minus all liabilities
commodore kitchens limited company details
company number
01418535
Type
Private limited with Share Capital
industry
31020 - Manufacture of kitchen furniture
incorporation date
May 1979
age
46
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
acorn house, gumley road, grays, essex, RM20 4XP
Bank
LLOYDS TSB BANK PLC
Legal Advisor
-
commodore kitchens 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 5 charges/mortgages relating to commodore kitchens limited. Currently there are 0 open charges and 5 have been satisfied in the past.
commodore kitchens 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 COMMODORE KITCHENS LIMITED. This can take several minutes, an email will notify you when this has completed.
commodore kitchens limited Companies House Filings - See Documents
| date | description | view/download |
|---|
