kelly payroll services limited
kelly payroll services limited Company Information
Company Number
01903196
Next Accounts
Jan 2025
Industry
Temporary employment agency activities
Shareholders
kelly services (uk) ltd
Group Structure
View All
Contact
Registered Address
apple market house, 17 union street, kingston upon thames, surrey, KT1 1RR
Website
www.kellyservices.co.ukkelly payroll services limited Estimated Valuation
Pomanda estimates the enterprise value of KELLY PAYROLL SERVICES LIMITED at £5.4m based on a Turnover of £10m and 0.54x industry multiple (adjusted for size and gross margin).
kelly payroll services limited Estimated Valuation
Pomanda estimates the enterprise value of KELLY PAYROLL SERVICES LIMITED at £8.6m based on an EBITDA of £992k and a 8.64x industry multiple (adjusted for size and gross margin).
kelly payroll services limited Estimated Valuation
Pomanda estimates the enterprise value of KELLY PAYROLL SERVICES LIMITED at £10.9m based on Net Assets of £6.8m and 1.61x industry multiple (adjusted for liquidity).
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Kelly Payroll Services Limited Overview
Kelly Payroll Services Limited is a dissolved company that was located in kingston upon thames, KT1 1RR with a Companies House number of 01903196. It operated in the temporary employment agency activities sector, SIC Code 78200. Founded in April 1985, it's largest shareholder was kelly services (uk) ltd with a 100% stake. The last turnover for Kelly Payroll Services Limited was estimated at £10m.
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Kelly Payroll Services Limited Health Check
Pomanda's financial health check has awarded Kelly Payroll Services Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 2 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
2 Weak
Size
annual sales of £10m, make it in line with the average company (£11.7m)
£10m - Kelly Payroll Services Limited
£11.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 25%, show it is growing at a faster rate (3.6%)
25% - Kelly Payroll Services Limited
3.6% - Industry AVG
Production
with a gross margin of 70.9%, this company has a lower cost of product (17.2%)
70.9% - Kelly Payroll Services Limited
17.2% - Industry AVG
Profitability
an operating margin of 9.9% make it more profitable than the average company (2.2%)
9.9% - Kelly Payroll Services Limited
2.2% - Industry AVG
Employees
with 43 employees, this is below the industry average (55)
- Kelly Payroll Services Limited
55 - Industry AVG
Pay Structure
on an average salary of £112.2k, the company has a higher pay structure (£43.3k)
- Kelly Payroll Services Limited
£43.3k - Industry AVG
Efficiency
resulting in sales per employee of £233.2k, this is equally as efficient (£236.2k)
- Kelly Payroll Services Limited
£236.2k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Kelly Payroll Services Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Kelly Payroll Services Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Kelly Payroll Services Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Kelly Payroll Services Limited
- - Industry AVG
Debt Level
There is insufficient data available for this Key Performance Indicator!
- - Kelly Payroll Services Limited
- - Industry AVG
KELLY PAYROLL SERVICES LIMITED financials
Kelly Payroll Services Limited's latest turnover from December 2019 is £10 million and the company has net assets of £6.8 million. According to their latest financial statements, we estimate that Kelly Payroll Services Limited has 43 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2019 | Dec 2018 | Dec 2017 | Jan 2017 | Jan 2016 | Dec 2014 | Dec 2013 | Dec 2012 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 10,026,000 | 8,917,000 | 7,017,000 | 4,980,000 | 5,108,000 | 3,705,000 | 2,549,000 | 2,680,000 | 2,157,000 | 1,368,000 | 3,470,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 2,922,000 | 2,704,000 | 2,782,000 | 1,969,000 | 1,816,000 | 1,162,000 | 802,000 | 882,000 | 701,000 | 151,000 | 2,295,000 |
| Gross Profit | 7,104,000 | 6,213,000 | 4,235,000 | 3,011,000 | 3,292,000 | 2,543,000 | 1,747,000 | 1,798,000 | 1,456,000 | 1,217,000 | 1,175,000 |
| Admin Expenses | 6,112,000 | 4,670,000 | 3,603,000 | 2,767,000 | 3,267,000 | 1,892,000 | 1,299,000 | ||||
| Operating Profit | 992,000 | 1,543,000 | 632,000 | 244,000 | 25,000 | -675,000 | -124,000 | ||||
| Interest Payable | 4,000 | 1,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Pre-Tax Profit | 988,000 | 1,542,000 | 632,000 | 244,000 | 625,000 | 645,000 | 320,000 | 296,000 | -589,000 | -675,000 | -124,000 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | 988,000 | 1,542,000 | 632,000 | 244,000 | 625,000 | 645,000 | 320,000 | 296,000 | -589,000 | -675,000 | -124,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 988,000 | 1,542,000 | 632,000 | 244,000 | 625,000 | 645,000 | 320,000 | 296,000 | -589,000 | -675,000 | -124,000 |
| Employee Costs | 4,826,000 | 4,603,000 | 3,375,000 | 2,273,000 | 1,795,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Number Of Employees | 3 | 2 | 2 | 2 | 2 | ||||||
| EBITDA* | 992,000 | 1,543,000 | 696,000 | 299,000 | 66,000 | -675,000 | -124,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2019 | Dec 2018 | Dec 2017 | Jan 2017 | Jan 2016 | Dec 2014 | Dec 2013 | Dec 2012 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 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 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 21,000 | 45,000 | 1,724,000 | 1,423,000 | 1,071,000 | 915,000 |
| Group Debtors | 0 | 5,775,000 | 4,233,000 | 3,601,000 | 3,357,000 | 3,935,000 | 3,079,000 | 2,445,000 | 2,445,000 | 2,445,000 | 3,961,000 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 5,000 | 5,000 | 10,000 | 13,000 | 12,000 | 10,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 6,763,000 | 5,775,000 | 4,233,000 | 3,601,000 | 3,357,000 | 3,961,000 | 3,129,000 | 4,179,000 | 3,881,000 | 3,528,000 | 4,886,000 |
| total assets | 6,763,000 | 5,775,000 | 4,233,000 | 3,601,000 | 3,357,000 | 3,961,000 | 3,129,000 | 4,179,000 | 3,881,000 | 3,528,000 | 4,886,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 5,000 | 22,000 | 0 | 0 | 4,000 | 21,000 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,000 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,402,000 | 1,426,000 | 0 | 0 |
| other short term finances | 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 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 1,224,000 | 1,020,000 | 1,008,000 | 984,000 | 1,464,000 | 2,130,000 |
| total current liabilities | 0 | 0 | 0 | 0 | 0 | 1,229,000 | 1,042,000 | 2,412,000 | 2,410,000 | 1,468,000 | 2,151,000 |
| loans | 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 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 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 |
| total liabilities | 0 | 0 | 0 | 0 | 0 | 1,229,000 | 1,042,000 | 2,412,000 | 2,410,000 | 1,468,000 | 2,151,000 |
| net assets | 6,763,000 | 5,775,000 | 4,233,000 | 3,601,000 | 3,357,000 | 2,732,000 | 2,087,000 | 1,767,000 | 1,471,000 | 2,060,000 | 2,735,000 |
| total shareholders funds | 6,763,000 | 5,775,000 | 4,233,000 | 3,601,000 | 3,357,000 | 2,732,000 | 2,087,000 | 1,767,000 | 1,471,000 | 2,060,000 | 2,735,000 |
| Dec 2019 | Dec 2018 | Dec 2017 | Jan 2017 | Jan 2016 | Dec 2014 | Dec 2013 | Dec 2012 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | 992,000 | 1,543,000 | 632,000 | 244,000 | 25,000 | -675,000 | -124,000 | ||||
| Depreciation | 0 | 0 | 64,000 | 55,000 | 41,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -5,775,000 | 1,542,000 | 876,000 | 244,000 | 3,357,000 | 832,000 | -1,045,000 | 653,000 | 352,000 | -1,360,000 | 4,876,000 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 204,000 | 12,000 | -456,000 | -480,000 | -666,000 | 2,130,000 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 1,000 | -180,000 | 55,000 | -3,291,000 | 19,000 | -2,870,000 | |||||
| Investing Activities | |||||||||||
| capital expenditure | |||||||||||
| Change in Investments | 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 | -2,000 | 2,000 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | -1,402,000 | 1,402,000 | 1,426,000 | 0 | 0 |
| Other Short Term Loans | 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 |
| Hire Purchase and Lease Commitments | 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 |
| share issue | |||||||||||
| interest | -1,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| cash flow from financing | -1,000 | 244,000 | 0 | 2,732,000 | 0 | -1,404,000 | 815,000 | 1,426,000 | 0 | 2,859,000 | |
| cash and cash equivalents | |||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | -5,000 | -2,000 | 1,000 | 2,000 | 10,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | -17,000 | 22,000 | -4,000 | -4,000 | -17,000 | 21,000 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 17,000 | -27,000 | 2,000 | 5,000 | 19,000 | -11,000 |
kelly payroll services limited Credit Report and Business Information
Kelly Payroll Services Limited Competitor Analysis
Perform a competitor analysis for kelly payroll services limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other undefined companies, companies in KT1 area or any other competitors across 12 key performance metrics.
kelly payroll services limited Ownership
KELLY PAYROLL SERVICES LIMITED group structure
Kelly Payroll Services Limited has no subsidiary companies.
Ultimate parent company
KELLY SERVICES INC
#0058003
2 parents
KELLY PAYROLL SERVICES LIMITED
01903196
kelly payroll services limited directors
Kelly Payroll Services Limited currently has 3 directors. The longest serving directors include Mr Olivier Thirot (Oct 2013) and Mrs Berendina Bekhuis (May 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Olivier Thirot | 63 years | Oct 2013 | - | Director | |
| Mrs Berendina Bekhuis | 55 years | May 2017 | - | Director | |
| Mr Richard Bradley | England | 53 years | Jan 2018 | - | Director |
P&L
December 2019turnover
10m
+12%
operating profit
992k
-36%
gross margin
70.9%
+1.69%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2019net assets
6.8m
+0.17%
total assets
6.8m
+0.17%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
kelly payroll services limited company details
company number
01903196
Type
Private limited with Share Capital
industry
78200 - Temporary employment agency activities
incorporation date
April 1985
age
39
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2019
previous names
xpert recruitment limited (March 2004)
calwade limited (June 1985)
accountant
-
auditor
MAZARS LLP
address
apple market house, 17 union street, kingston upon thames, surrey, KT1 1RR
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
kelly payroll services 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 kelly payroll services limited. Currently there are 0 open charges and 2 have been satisfied in the past.
kelly payroll services 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 KELLY PAYROLL SERVICES LIMITED. This can take several minutes, an email will notify you when this has completed.
kelly payroll services limited Companies House Filings - See Documents
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