kingsway textiles limited
kingsway textiles limited Company Information
Company Number
01680538
Website
-Registered Address
benson street, off st saviours road, leicester, LE5 4HB
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Preparation and spinning of textile fibres
Telephone
01162737900
Next Accounts Due
April 2025
Group Structure
View All
Directors
Arjun Chugani32 Years
Shareholders
mr arjun mirchumal chugani 100%
kingsway textiles limited Estimated Valuation
Pomanda estimates the enterprise value of KINGSWAY TEXTILES LIMITED at £3.9m based on a Turnover of £2.9m and 1.36x industry multiple (adjusted for size and gross margin).
kingsway textiles limited Estimated Valuation
Pomanda estimates the enterprise value of KINGSWAY TEXTILES LIMITED at £0 based on an EBITDA of £-363 and a 4.12x industry multiple (adjusted for size and gross margin).
kingsway textiles limited Estimated Valuation
Pomanda estimates the enterprise value of KINGSWAY TEXTILES LIMITED at £1.8m based on Net Assets of £1m and 1.73x industry multiple (adjusted for liquidity).
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Kingsway Textiles Limited Overview
Kingsway Textiles Limited is a live company located in leicester, LE5 4HB with a Companies House number of 01680538. It operates in the preparation and spinning of textile fibres sector, SIC Code 13100. Founded in November 1982, it's largest shareholder is mr arjun mirchumal chugani with a 100% stake. Kingsway Textiles Limited is a mature, small sized company, Pomanda has estimated its turnover at £2.9m with declining growth in recent years.
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Kingsway Textiles Limited Health Check
Pomanda's financial health check has awarded Kingsway Textiles Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £2.9m, make it smaller than the average company (£5.9m)
- Kingsway Textiles Limited
£5.9m - Industry AVG
Growth
3 year (CAGR) sales growth of -5%, show it is growing at a slower rate (1.8%)
- Kingsway Textiles Limited
1.8% - Industry AVG
Production
with a gross margin of 21.9%, this company has a higher cost of product (48%)
- Kingsway Textiles Limited
48% - Industry AVG
Profitability
an operating margin of 0% make it less profitable than the average company (14.8%)
- Kingsway Textiles Limited
14.8% - Industry AVG
Employees
with 11 employees, this is below the industry average (40)
- Kingsway Textiles Limited
40 - Industry AVG
Pay Structure
on an average salary of £30.7k, the company has an equivalent pay structure (£30.7k)
- Kingsway Textiles Limited
£30.7k - Industry AVG
Efficiency
resulting in sales per employee of £259.7k, this is more efficient (£157.4k)
- Kingsway Textiles Limited
£157.4k - Industry AVG
Debtor Days
it gets paid by customers after 140 days, this is later than average (41 days)
- Kingsway Textiles Limited
41 days - Industry AVG
Creditor Days
its suppliers are paid after 9 days, this is quicker than average (34 days)
- Kingsway Textiles Limited
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Kingsway Textiles Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Kingsway Textiles Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 5.3%, this is a lower level of debt than the average (56.9%)
5.3% - Kingsway Textiles Limited
56.9% - Industry AVG
KINGSWAY TEXTILES LIMITED financials
Kingsway Textiles Limited's latest turnover from July 2023 is estimated at £2.9 million and the company has net assets of £1 million. According to their latest financial statements, we estimate that Kingsway Textiles Limited has 11 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | |||||||||||||||
| Tax | |||||||||||||||
| Profit After Tax | |||||||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | |||||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | |||||||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 388,218 | 388,218 | 388,218 | 388,218 | 388,218 | 388,218 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 388,218 | 388,218 | 388,218 | 388,218 | 388,218 | 388,218 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 1,102,038 | 1,102,496 | 1,102,492 | 1,102,492 | 1,102,476 | 1,102,474 | 18,887 | 18,887 | 777,979 | 618,018 | 538,604 | 549,534 | 466,466 | 374,310 | 444,963 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 1,079,068 | 759,082 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 4,802 | 324,786 | 324,844 | 490,639 | 75,169 | 36,839 | 28,414 | 67,000 | 12,953 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,102,038 | 1,102,496 | 1,102,492 | 1,102,492 | 1,102,476 | 1,102,474 | 1,102,757 | 1,102,755 | 1,102,823 | 1,108,657 | 613,773 | 586,373 | 494,880 | 441,310 | 457,916 |
| total assets | 1,102,038 | 1,102,496 | 1,102,492 | 1,102,492 | 1,102,476 | 1,102,474 | 1,102,757 | 1,102,755 | 1,102,823 | 1,496,875 | 1,001,991 | 974,591 | 883,098 | 829,528 | 846,134 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 58,593 | 58,688 | 58,688 | 58,628 | 58,568 | 58,568 | 284 | 240 | 58,582 | 540,385 | 78,871 | 84,854 | 50,786 | 48,618 | 116,504 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 58,490 | 58,497 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 58,593 | 58,688 | 58,688 | 58,628 | 58,568 | 58,568 | 58,774 | 58,737 | 58,582 | 540,385 | 78,871 | 84,854 | 50,786 | 48,618 | 116,504 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 58,593 | 58,688 | 58,688 | 58,628 | 58,568 | 58,568 | 58,774 | 58,737 | 58,582 | 540,385 | 78,871 | 84,854 | 50,786 | 48,618 | 116,504 |
| net assets | 1,043,445 | 1,043,808 | 1,043,804 | 1,043,864 | 1,043,908 | 1,043,906 | 1,043,983 | 1,044,018 | 1,044,241 | 956,490 | 923,120 | 889,737 | 832,312 | 780,910 | 729,630 |
| total shareholders funds | 1,043,445 | 1,043,808 | 1,043,804 | 1,043,864 | 1,043,908 | 1,043,906 | 1,043,983 | 1,044,018 | 1,044,241 | 956,490 | 923,120 | 889,737 | 832,312 | 780,910 | 729,630 |
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -458 | 4 | 0 | 16 | 2 | 4,519 | 319,986 | -10 | 159,961 | 79,414 | -10,930 | 83,068 | 92,156 | -70,653 | 444,963 |
| Creditors | -95 | 0 | 60 | 60 | 0 | 58,284 | 44 | -58,342 | -481,803 | 461,514 | -5,983 | 34,068 | 2,168 | -67,886 | 116,504 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | -58,490 | -7 | 58,497 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | -4,802 | -319,984 | -58 | -165,795 | 415,470 | 38,330 | 8,425 | -38,586 | 54,047 | 12,953 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | -4,802 | -319,984 | -58 | -165,795 | 415,470 | 38,330 | 8,425 | -38,586 | 54,047 | 12,953 |
kingsway textiles limited Credit Report and Business Information
Kingsway Textiles Limited Competitor Analysis
Perform a competitor analysis for kingsway textiles limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in LE5 area or any other competitors across 12 key performance metrics.
kingsway textiles limited Ownership
KINGSWAY TEXTILES LIMITED group structure
Kingsway Textiles Limited has no subsidiary companies.
Ultimate parent company
KINGSWAY TEXTILES LIMITED
01680538
kingsway textiles limited directors
Kingsway Textiles Limited currently has 1 director, Mr Arjun Chugani serving since Dec 1991.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Arjun Chugani | 82 years | Dec 1991 | - | Director |
P&L
July 2023turnover
2.9m
0%
operating profit
-363
0%
gross margin
22%
+5.99%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
1m
0%
total assets
1.1m
0%
cash
0
0%
net assets
Total assets minus all liabilities
kingsway textiles limited company details
company number
01680538
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
13100 - Preparation and spinning of textile fibres
incorporation date
November 1982
age
42
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
raymond dyers limited (December 1995)
last accounts submitted
July 2023
address
benson street, off st saviours road, leicester, LE5 4HB
accountant
-
auditor
-
kingsway textiles 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 8 charges/mortgages relating to kingsway textiles limited. Currently there are 0 open charges and 8 have been satisfied in the past.
kingsway textiles limited Companies House Filings - See Documents
| date | description | view/download |
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