keylex limited
keylex limited Company Information
Company Number
01872325
Next Accounts
Sep 2025
Shareholders
edward francis clarke
jean clarke
Group Structure
View All
Industry
Manufacture of bread; manufacture of fresh pastry goods and cakes
+1Registered Address
16-18 upton road, claughton, village, birkenhead, wirral, CH41 0DF
Website
http://hurstsbakery.co.ukkeylex limited Estimated Valuation
Pomanda estimates the enterprise value of KEYLEX LIMITED at £995k based on a Turnover of £2m and 0.5x industry multiple (adjusted for size and gross margin).
keylex limited Estimated Valuation
Pomanda estimates the enterprise value of KEYLEX LIMITED at £860.1k based on an EBITDA of £225k and a 3.82x industry multiple (adjusted for size and gross margin).
keylex limited Estimated Valuation
Pomanda estimates the enterprise value of KEYLEX LIMITED at £7.1m based on Net Assets of £2.8m and 2.57x industry multiple (adjusted for liquidity).
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Keylex Limited Overview
Keylex Limited is a live company located in wirral, CH41 0DF with a Companies House number of 01872325. It operates in the manufacture of bread sector, SIC Code 10710. Founded in December 1984, it's largest shareholder is edward francis clarke with a 60% stake. Keylex Limited is a mature, small sized company, Pomanda has estimated its turnover at £2m with healthy growth in recent years.
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Keylex Limited Health Check
Pomanda's financial health check has awarded Keylex Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
4 Weak
Size
annual sales of £2m, make it smaller than the average company (£7.9m)
- Keylex Limited
£7.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a slower rate (12.5%)
- Keylex Limited
12.5% - Industry AVG
Production
with a gross margin of 34.4%, this company has a comparable cost of product (34.4%)
- Keylex Limited
34.4% - Industry AVG
Profitability
an operating margin of 9.5% make it more profitable than the average company (3.5%)
- Keylex Limited
3.5% - Industry AVG
Employees
with 72 employees, this is similar to the industry average (87)
72 - Keylex Limited
87 - Industry AVG
Pay Structure
on an average salary of £23.5k, the company has an equivalent pay structure (£23.5k)
- Keylex Limited
£23.5k - Industry AVG
Efficiency
resulting in sales per employee of £27.6k, this is less efficient (£92.7k)
- Keylex Limited
£92.7k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (33 days)
- Keylex Limited
33 days - Industry AVG
Creditor Days
its suppliers are paid after 5 days, this is quicker than average (38 days)
- Keylex Limited
38 days - Industry AVG
Stock Days
it holds stock equivalent to 10 days, this is less than average (22 days)
- Keylex Limited
22 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 384 weeks, this is more cash available to meet short term requirements (14 weeks)
384 weeks - Keylex Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 10.2%, this is a lower level of debt than the average (64.7%)
10.2% - Keylex Limited
64.7% - Industry AVG
KEYLEX LIMITED financials
Keylex Limited's latest turnover from December 2023 is estimated at £2 million and the company has net assets of £2.8 million. According to their latest financial statements, Keylex Limited has 72 employees and maintains cash reserves of £1.1 million 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 | |||||||||||||||
| 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 | 72 | 69 | 70 | 63 | 70 | 70 | 81 | 75 | 73 | ||||||
| EBITDA* |
* 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 | 752,252 | 665,780 | 563,550 | 660,801 | 677,307 | 698,067 | 716,775 | 732,897 | 727,981 | 1,841,800 | 1,288,750 | 1,380,595 | 1,341,036 | 803,636 | 741,763 |
| Intangible Assets | 16,250 | 16,250 | 16,250 | 16,250 | 16,250 | ||||||||||
| Investments & Other | 1,161,000 | 1,296,000 | 1,371,000 | 1,560,000 | 1,560,000 | 1,560,000 | 1,560,000 | 1,560,000 | 1,560,000 | ||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 1,913,252 | 1,961,780 | 1,934,550 | 2,220,801 | 2,237,307 | 2,258,067 | 2,276,775 | 2,292,897 | 2,287,981 | 1,841,800 | 1,305,000 | 1,396,845 | 1,357,286 | 819,886 | 758,013 |
| Stock & work in progress | 39,302 | 38,105 | 32,626 | 31,380 | 29,924 | 423,869 | 423,228 | 33,482 | 28,510 | 23,617 | 29,894 | 30,747 | 28,354 | 28,429 | 22,924 |
| Trade Debtors | 1,173 | 555 | 2,558 | 855 | 2,112 | 1,222 | 2,012 | 1,928 | 1,626 | 20,412 | 13,041 | 11,482 | 18,125 | 11,503 | 7,185 |
| Group Debtors | 240,000 | 240,000 | 240,000 | 240,000 | 130,000 | ||||||||||
| Misc Debtors | 19,608 | 22,464 | 55,933 | 31,242 | 20,141 | 16,822 | 19,460 | 43,501 | 11,438 | ||||||
| Cash | 1,100,768 | 672,695 | 613,870 | 394,441 | 318,534 | 52,497 | 49,645 | 112,783 | 204,851 | 43,120 | 246,553 | 134,032 | 98,023 | 167,219 | 285,139 |
| misc current assets | 148 | 148 | 148 | 148 | 148 | 148 | 148 | 148 | 148 | 148 | 148 | 148 | 148 | 148 | 148 |
| total current assets | 1,160,999 | 973,967 | 945,135 | 698,066 | 610,859 | 624,558 | 494,493 | 191,842 | 246,573 | 87,297 | 289,636 | 176,409 | 144,650 | 207,299 | 315,396 |
| total assets | 3,074,251 | 2,935,747 | 2,879,685 | 2,918,867 | 2,848,166 | 2,882,625 | 2,771,268 | 2,484,739 | 2,534,554 | 1,929,097 | 1,594,636 | 1,573,254 | 1,501,936 | 1,027,185 | 1,073,409 |
| Bank overdraft | |||||||||||||||
| Bank loan | 177,150 | 147,150 | 108,750 | 135,089 | |||||||||||
| Trade Creditors | 19,786 | 17,897 | 17,904 | 13,907 | 15,242 | 15,554 | 15,143 | 14,376 | 14,944 | 427,731 | 113,655 | 128,039 | 119,360 | 117,256 | 145,930 |
| Group/Directors Accounts | 4,984 | 4,984 | 6,184 | 206,184 | 215,184 | ||||||||||
| other short term finances | 10,000 | 40,000 | 78,400 | 92,400 | 163,150 | ||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 113,994 | 105,084 | 124,608 | 123,373 | 81,285 | 329,633 | 304,186 | 116,407 | 187,065 | ||||||
| total current liabilities | 148,764 | 167,965 | 227,096 | 435,864 | 474,861 | 522,337 | 466,479 | 239,533 | 337,098 | 427,731 | 113,655 | 128,039 | 119,360 | 117,256 | 145,930 |
| loans | 10,000 | 50,000 | 128,400 | 220,800 | 333,950 | 361,100 | 316,250 | 354,980 | 200,000 | 200,000 | 200,000 | 6,070 | 9,970 | ||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 136,000 | ||||||||||||||
| provisions | 163,157 | 153,000 | 134,288 | 134,186 | 134,358 | 137,896 | 140,989 | 150,914 | 15,700 | 15,463 | 20,818 | 7,180 | 10,072 | 11,514 | 6,813 |
| total long term liabilities | 163,157 | 163,000 | 184,288 | 262,586 | 355,158 | 471,846 | 502,089 | 467,164 | 370,680 | 151,463 | 220,818 | 207,180 | 210,072 | 17,584 | 16,783 |
| total liabilities | 311,921 | 330,965 | 411,384 | 698,450 | 830,019 | 994,183 | 968,568 | 706,697 | 707,778 | 579,194 | 334,473 | 335,219 | 329,432 | 134,840 | 162,713 |
| net assets | 2,762,330 | 2,604,782 | 2,468,301 | 2,220,417 | 2,018,147 | 1,888,442 | 1,802,700 | 1,778,042 | 1,826,776 | 1,349,903 | 1,260,163 | 1,238,035 | 1,172,504 | 892,345 | 910,696 |
| total shareholders funds | 2,762,330 | 2,604,782 | 2,468,301 | 2,220,417 | 2,018,147 | 1,888,442 | 1,802,700 | 1,778,042 | 1,826,776 | 1,349,903 | 1,260,163 | 1,238,035 | 1,172,504 | 892,345 | 910,696 |
| 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 | |||||||||||||||
| Depreciation | 35,196 | 31,685 | 11,425 | 15,657 | 20,760 | 25,714 | 30,023 | 35,252 | 32,110 | 36,117 | 23,099 | 18,676 | 21,961 | 22,370 | 26,052 |
| Amortisation | 16,250 | ||||||||||||||
| Tax | |||||||||||||||
| Stock | 1,197 | 5,479 | 1,246 | 1,456 | -393,945 | 641 | 389,746 | 4,972 | 4,893 | -6,277 | -853 | 2,393 | -75 | 5,505 | 22,924 |
| Debtors | -242,238 | -35,472 | 26,394 | 9,844 | 114,209 | 126,572 | -23,957 | 32,365 | -7,348 | 7,371 | 1,559 | -6,643 | 6,622 | 4,318 | 7,185 |
| Creditors | 1,889 | -7 | 3,997 | -1,335 | -312 | 411 | 767 | -568 | -412,787 | 314,076 | -14,384 | 8,679 | 2,104 | -28,674 | 145,930 |
| Accruals and Deferred Income | 8,910 | -19,524 | 1,235 | 42,088 | -248,348 | 25,447 | 187,779 | -70,658 | 187,065 | ||||||
| Deferred Taxes & Provisions | 10,157 | 18,712 | 102 | -172 | -3,538 | -3,093 | -9,925 | 135,214 | 237 | -5,355 | 13,638 | -2,892 | -1,442 | 4,701 | 6,813 |
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | -135,000 | -75,000 | -189,000 | 1,560,000 | |||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | -177,150 | 30,000 | 38,400 | -26,339 | 135,089 | ||||||||||
| Group/Directors Accounts | -1,200 | -200,000 | -9,000 | 215,184 | |||||||||||
| Other Short Term Loans | -30,000 | -38,400 | -14,000 | -70,750 | 163,150 | ||||||||||
| Long term loans | -10,000 | -40,000 | -78,400 | -92,400 | -113,150 | -27,150 | 44,850 | -38,730 | 354,980 | -200,000 | 193,930 | -3,900 | 9,970 | ||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -136,000 | 136,000 | |||||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 428,073 | 58,825 | 219,429 | 75,907 | 266,037 | 2,852 | -63,138 | -92,068 | 161,731 | -203,433 | 112,521 | 36,009 | -69,196 | -117,920 | 285,139 |
| overdraft | |||||||||||||||
| change in cash | 428,073 | 58,825 | 219,429 | 75,907 | 266,037 | 2,852 | -63,138 | -92,068 | 161,731 | -203,433 | 112,521 | 36,009 | -69,196 | -117,920 | 285,139 |
keylex limited Credit Report and Business Information
Keylex Limited Competitor Analysis
Perform a competitor analysis for keylex limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in CH41 area or any other competitors across 12 key performance metrics.
keylex limited Ownership
KEYLEX LIMITED group structure
Keylex Limited has 1 subsidiary company.
keylex limited directors
Keylex Limited currently has 3 directors. The longest serving directors include Mr Edward Clarke (Dec 1991) and Mrs Jean Clarke (Nov 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Edward Clarke | 80 years | Dec 1991 | - | Director | |
| Mrs Jean Clarke | 72 years | Nov 2014 | - | Director | |
| Mr James Clarke | 42 years | May 2019 | - | Director |
P&L
December 2023turnover
2m
+18%
operating profit
189.8k
0%
gross margin
34.5%
-11.44%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
2.8m
+0.06%
total assets
3.1m
+0.05%
cash
1.1m
+0.64%
net assets
Total assets minus all liabilities
keylex limited company details
company number
01872325
Type
Private limited with Share Capital
industry
10710 - Manufacture of bread; manufacture of fresh pastry goods and cakes
47240 - Retail sale of bread, cakes, flour confectionery and sugar confectionery in specialised stores
incorporation date
December 1984
age
41
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
16-18 upton road, claughton, village, birkenhead, wirral, CH41 0DF
Bank
-
Legal Advisor
-
keylex 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 keylex limited. Currently there are 1 open charges and 4 have been satisfied in the past.
keylex 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 KEYLEX LIMITED. This can take several minutes, an email will notify you when this has completed.
keylex limited Companies House Filings - See Documents
| date | description | view/download |
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