the kellan group limited
the kellan group limited Company Information
Company Number
02228050
Next Accounts
Sep 2025
Shareholders
hsbc global custody nominee (uk)
mr p.a. bell
View AllGroup Structure
View All
Industry
Temporary employment agency activities
Registered Address
4th floor,, 19-21 great tower street, london, EC3R 5AR
Website
http://www.kellangroup.comthe kellan group limited Estimated Valuation
Pomanda estimates the enterprise value of THE KELLAN GROUP LIMITED at £8.1m based on a Turnover of £22.1m and 0.37x industry multiple (adjusted for size and gross margin).
the kellan group limited Estimated Valuation
Pomanda estimates the enterprise value of THE KELLAN GROUP LIMITED at £8m based on an EBITDA of £1.4m and a 5.71x industry multiple (adjusted for size and gross margin).
the kellan group limited Estimated Valuation
Pomanda estimates the enterprise value of THE KELLAN GROUP LIMITED at £5.7m based on Net Assets of £3.6m and 1.56x industry multiple (adjusted for liquidity).
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The Kellan Group Limited Overview
The Kellan Group Limited is a live company located in london, EC3R 5AR with a Companies House number of 02228050. It operates in the temporary employment agency activities sector, SIC Code 78200. Founded in March 1988, it's largest shareholder is hsbc global custody nominee (uk) with a 38.1% stake. The Kellan Group Limited is a mature, large sized company, Pomanda has estimated its turnover at £22.1m with rapid growth in recent years.
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The Kellan Group Limited Health Check
Pomanda's financial health check has awarded The Kellan Group Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 3 areas for improvement. Company Health Check FAQs
8 Strong
0 Regular
3 Weak
Size
annual sales of £22.1m, make it larger than the average company (£16.5m)
£22.1m - The Kellan Group Limited
£16.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 43%, show it is growing at a faster rate (6%)
43% - The Kellan Group Limited
6% - Industry AVG
Production
with a gross margin of 28.4%, this company has a lower cost of product (18.5%)
28.4% - The Kellan Group Limited
18.5% - Industry AVG
Profitability
an operating margin of 5.2% make it more profitable than the average company (2.6%)
5.2% - The Kellan Group Limited
2.6% - Industry AVG
Employees
with 852 employees, this is above the industry average (56)
852 - The Kellan Group Limited
56 - Industry AVG
Pay Structure
on an average salary of £20.3k, the company has a lower pay structure (£52.6k)
£20.3k - The Kellan Group Limited
£52.6k - Industry AVG
Efficiency
resulting in sales per employee of £25.9k, this is less efficient (£244.8k)
£25.9k - The Kellan Group Limited
£244.8k - Industry AVG
Debtor Days
it gets paid by customers after 67 days, this is later than average (46 days)
67 days - The Kellan Group Limited
46 days - Industry AVG
Creditor Days
its suppliers are paid after 2 days, this is quicker than average (4 days)
2 days - The Kellan Group Limited
4 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - The Kellan Group Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 17 weeks, this is more cash available to meet short term requirements (6 weeks)
17 weeks - The Kellan Group Limited
6 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 57.5%, this is a lower level of debt than the average (71.2%)
57.5% - The Kellan Group Limited
71.2% - Industry AVG
THE KELLAN GROUP LIMITED financials
The Kellan Group Limited's latest turnover from December 2023 is £22.1 million and the company has net assets of £3.6 million. According to their latest financial statements, The Kellan Group Limited has 852 employees and maintains cash reserves of £1.6 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 | 22,103,376 | 24,340,874 | 18,472,201 | 7,638,000 | 21,763,000 | 23,660,000 | 22,037,000 | 21,932,000 | 24,864,000 | 22,963,000 | 23,383,000 | 24,196,000 | 26,902,000 | 29,827,000 | 29,463,000 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 15,823,951 | 17,280,104 | 14,138,058 | 7,029,000 | 15,535,000 | 16,847,000 | 15,401,000 | 15,149,000 | 17,163,000 | 14,969,000 | 15,722,000 | 15,594,000 | 16,049,000 | 17,441,000 | 16,599,000 |
| Gross Profit | 6,279,425 | 7,060,770 | 4,334,143 | 609,000 | 6,228,000 | 6,813,000 | 6,636,000 | 6,783,000 | 7,701,000 | 7,994,000 | 7,661,000 | 8,602,000 | 10,853,000 | 12,386,000 | 12,864,000 |
| Admin Expenses | 5,137,357 | 5,968,722 | 3,316,474 | 1,699,000 | 5,659,000 | 5,962,000 | 5,944,000 | 8,947,000 | 6,877,000 | 7,735,000 | 8,918,000 | 10,768,000 | 16,298,000 | 22,707,000 | 17,104,000 |
| Operating Profit | 1,142,068 | 1,092,048 | 1,017,669 | -1,090,000 | 569,000 | 851,000 | 692,000 | -2,164,000 | 824,000 | 259,000 | -1,257,000 | -2,166,000 | -5,445,000 | -10,321,000 | -4,240,000 |
| Interest Payable | 39,763 | 90,920 | 127,100 | 111,000 | 161,000 | 197,000 | 235,000 | 322,000 | 406,000 | 319,000 | 408,000 | 399,000 | 391,000 | 365,000 | 286,000 |
| Interest Receivable | 10,770 | 12,065 | 8,000 | 5,000 | 19,000 | 30,000 | 1,000 | 10,000 | |||||||
| Pre-Tax Profit | 600,860 | 1,013,193 | 890,569 | -1,201,000 | 408,000 | 654,000 | 457,000 | -2,486,000 | 426,000 | -55,000 | -1,718,000 | -2,583,000 | -5,910,000 | -10,722,000 | -4,555,000 |
| Tax | -305,697 | -504,555 | 221,234 | -103,000 | -69,000 | -70,000 | 986,000 | 336,000 | |||||||
| Profit After Tax | 295,163 | 508,638 | 1,111,803 | -1,201,000 | 305,000 | 585,000 | 387,000 | -2,486,000 | 426,000 | -55,000 | -1,718,000 | -2,583,000 | -5,910,000 | -9,736,000 | -4,219,000 |
| Dividends Paid | |||||||||||||||
| Retained Profit | 295,163 | 508,638 | 1,111,803 | -1,201,000 | 305,000 | 585,000 | 387,000 | -2,486,000 | 426,000 | -55,000 | -1,718,000 | -2,583,000 | -5,910,000 | -9,736,000 | -4,219,000 |
| Employee Costs | 17,333,661 | 18,595,652 | 10,193,109 | 8,117,000 | 19,620,000 | 20,565,000 | 18,824,000 | 19,053,000 | 21,818,000 | 19,680,000 | 21,229,000 | 22,167,000 | 23,628,000 | 25,607,000 | 17,989,000 |
| Number Of Employees | 852 | 885 | 585 | 445 | 1,046 | 1,153 | 1,079 | 1,090 | 1,147 | 1,097 | 1,061 | 1,087 | 22 | 1 | 1,386 |
| EBITDA* | 1,399,874 | 1,380,349 | 1,304,431 | -799,000 | 728,000 | 958,000 | 975,000 | -1,829,000 | 1,151,000 | 598,000 | -779,000 | -665,000 | 4,814,000 | -9,537,000 | -3,354,000 |
* 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 | 36,694 | 122,435 | 238,413 | 354,000 | 426,000 | 476,000 | 199,000 | 290,000 | 382,000 | 332,000 | 249,000 | 324,000 | 532,000 | 542,000 | 803,000 |
| Intangible Assets | 1,866,617 | 2,537,432 | 2,696,032 | 2,854,000 | 3,013,000 | 3,172,000 | 3,172,000 | 3,335,000 | 6,129,000 | 6,345,000 | 6,536,000 | 6,829,000 | 8,093,000 | 13,285,000 | 23,202,000 |
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | 500,000 | ||||||||||||||
| Total Fixed Assets | 2,403,311 | 2,659,867 | 2,934,445 | 3,208,000 | 3,439,000 | 3,648,000 | 3,371,000 | 3,625,000 | 6,511,000 | 6,677,000 | 6,785,000 | 7,153,000 | 8,625,000 | 13,827,000 | 24,005,000 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 4,059,160 | 4,690,968 | 4,629,856 | 1,286,000 | 3,237,000 | 4,167,000 | 4,056,000 | 3,766,000 | 4,131,000 | 3,586,000 | 3,589,000 | 3,902,000 | 3,704,000 | 3,705,000 | 3,967,000 |
| Group Debtors | |||||||||||||||
| Misc Debtors | 477,010 | 354,610 | 384,403 | 149,000 | 160,000 | 197,000 | 306,000 | 593,000 | 284,000 | 269,000 | 343,000 | 455,000 | 501,000 | 694,000 | 775,000 |
| Cash | 1,608,460 | 1,983,361 | 1,805,519 | 1,433,000 | 3,181,000 | 2,587,000 | 1,982,000 | 1,910,000 | 1,708,000 | 1,192,000 | 818,000 | 71,000 | 410,000 | 350,000 | 641,000 |
| misc current assets | |||||||||||||||
| total current assets | 6,144,630 | 7,028,939 | 6,819,778 | 2,868,000 | 6,578,000 | 6,951,000 | 6,344,000 | 6,269,000 | 6,123,000 | 5,047,000 | 4,750,000 | 4,428,000 | 4,615,000 | 4,749,000 | 5,383,000 |
| total assets | 8,547,941 | 9,688,806 | 9,754,223 | 6,076,000 | 10,017,000 | 10,599,000 | 9,715,000 | 9,894,000 | 12,634,000 | 11,724,000 | 11,535,000 | 11,581,000 | 13,240,000 | 18,576,000 | 29,388,000 |
| Bank overdraft | 1,612,826 | 2,590,393 | 2,453,162 | ||||||||||||
| Bank loan | 250,000 | 803,000 | 1,625,000 | 1,552,000 | 2,320,000 | ||||||||||
| Trade Creditors | 107,281 | 305,966 | 84,187 | 171,000 | 164,000 | 111,000 | 58,000 | 53,000 | 74,000 | 54,000 | 48,000 | 164,000 | 150,000 | 279,000 | 386,000 |
| Group/Directors Accounts | |||||||||||||||
| other short term finances | 847,986 | 1,210,000 | 2,673,000 | 3,186,000 | 3,230,000 | 3,375,000 | 2,887,000 | 3,753,000 | 2,510,000 | 2,798,000 | 1,468,000 | 2,354,000 | 2,551,000 | ||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 3,195,223 | 3,403,915 | 3,157,649 | 2,127,000 | 3,140,000 | 3,351,000 | 2,786,000 | 2,911,000 | 3,049,000 | 3,049,000 | 2,890,000 | 2,675,000 | 3,134,000 | 3,647,000 | 3,321,000 |
| total current liabilities | 4,915,330 | 6,300,274 | 6,792,984 | 3,508,000 | 5,977,000 | 6,648,000 | 6,074,000 | 6,339,000 | 6,010,000 | 6,856,000 | 5,448,000 | 6,440,000 | 6,377,000 | 7,832,000 | 8,578,000 |
| loans | 83,333 | 1,630,000 | 2,158,000 | 6,190,000 | 3,320,000 | 5,914,000 | 2,974,000 | 5,518,000 | 1,854,000 | ||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | 51,084 | 49,096 | |||||||||||||
| other liabilities | 1,305,000 | 1,543,000 | 1,881,000 | ||||||||||||
| provisions | 72,000 | 86,000 | 66,000 | 140,000 | 150,000 | 84,000 | 4,000 | 8,000 | 60,000 | 158,000 | 600,000 | 3,222,000 | |||
| total long term liabilities | 51,084 | 132,429 | 851,000 | 1,122,000 | 1,338,000 | 1,613,000 | 1,956,000 | 3,137,000 | 1,662,000 | 2,961,000 | 1,517,000 | 2,838,000 | 1,227,000 | 1,611,000 | |
| total liabilities | 4,915,330 | 6,351,358 | 6,925,413 | 4,359,000 | 7,099,000 | 7,986,000 | 7,687,000 | 8,295,000 | 9,147,000 | 8,518,000 | 8,409,000 | 7,957,000 | 9,215,000 | 9,059,000 | 10,189,000 |
| net assets | 3,632,611 | 3,337,448 | 2,828,810 | 1,717,000 | 2,918,000 | 2,613,000 | 2,028,000 | 1,599,000 | 3,487,000 | 3,206,000 | 3,126,000 | 3,624,000 | 4,025,000 | 9,517,000 | 19,199,000 |
| total shareholders funds | 3,632,611 | 3,337,448 | 2,828,810 | 1,717,000 | 2,918,000 | 2,613,000 | 2,028,000 | 1,599,000 | 3,487,000 | 3,206,000 | 3,126,000 | 3,624,000 | 4,025,000 | 9,517,000 | 19,199,000 |
| 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 | 1,142,068 | 1,092,048 | 1,017,669 | -1,090,000 | 569,000 | 851,000 | 692,000 | -2,164,000 | 824,000 | 259,000 | -1,257,000 | -2,166,000 | -5,445,000 | -10,321,000 | -4,240,000 |
| Depreciation | 99,206 | 129,701 | 128,162 | 132,000 | 159,000 | 107,000 | 120,000 | 119,000 | 111,000 | 148,000 | 185,000 | 237,000 | 342,000 | 342,000 | 444,000 |
| Amortisation | 158,600 | 158,600 | 158,600 | 159,000 | 163,000 | 216,000 | 216,000 | 191,000 | 293,000 | 1,264,000 | 9,917,000 | 442,000 | 442,000 | ||
| Tax | -305,697 | -504,555 | 221,234 | -103,000 | -69,000 | -70,000 | 986,000 | 336,000 | |||||||
| Stock | |||||||||||||||
| Debtors | -9,408 | 31,319 | 3,579,259 | -1,962,000 | -967,000 | 2,000 | 3,000 | -56,000 | 560,000 | -77,000 | -425,000 | 152,000 | -194,000 | -343,000 | 4,742,000 |
| Creditors | -198,685 | 221,779 | -86,813 | 7,000 | 53,000 | 53,000 | 5,000 | -21,000 | 20,000 | 6,000 | -116,000 | 14,000 | -129,000 | -107,000 | 386,000 |
| Accruals and Deferred Income | -259,776 | 248,254 | 1,079,745 | -1,013,000 | -211,000 | 565,000 | -125,000 | -138,000 | 159,000 | 215,000 | -459,000 | -513,000 | 326,000 | 3,321,000 | |
| Deferred Taxes & Provisions | -72,000 | -14,000 | 20,000 | -74,000 | -10,000 | 66,000 | 80,000 | -4,000 | -52,000 | -98,000 | -442,000 | -2,622,000 | 3,222,000 | ||
| Cash flow from operations | 645,124 | 1,314,508 | -1,132,662 | 143,000 | 1,454,000 | 1,431,000 | 772,000 | -1,866,000 | 691,000 | 836,000 | -307,000 | -1,360,000 | 3,924,000 | -10,611,000 | -831,000 |
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | -250,000 | 250,000 | -803,000 | -822,000 | 73,000 | -768,000 | 2,320,000 | ||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | -847,986 | -362,014 | -1,463,000 | -513,000 | -44,000 | -145,000 | 488,000 | -866,000 | 1,243,000 | -288,000 | 1,330,000 | -886,000 | -197,000 | 2,551,000 | |
| Long term loans | -83,333 | -1,546,667 | -528,000 | 2,158,000 | -6,190,000 | 2,870,000 | -2,594,000 | 2,940,000 | -2,544,000 | 3,664,000 | 1,854,000 | ||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -1,305,000 | -238,000 | -338,000 | 1,881,000 | |||||||||||
| share issue | |||||||||||||||
| interest | -28,993 | -78,855 | -127,100 | -111,000 | -161,000 | -197,000 | -235,000 | -322,000 | -398,000 | -314,000 | -389,000 | -369,000 | -391,000 | -364,000 | -276,000 |
| cash flow from financing | -28,993 | -1,260,174 | -1,785,774 | -2,102,000 | 179,000 | -479,000 | -676,000 | -3,545,000 | 1,461,000 | -1,530,000 | 2,680,000 | -223,000 | 2,878,000 | 579,000 | 28,013,000 |
| cash and cash equivalents | |||||||||||||||
| cash | -374,901 | 177,842 | 372,519 | -1,748,000 | 594,000 | 605,000 | 72,000 | 202,000 | 516,000 | 374,000 | 747,000 | -339,000 | 60,000 | -291,000 | 641,000 |
| overdraft | -977,567 | 137,231 | 2,453,162 | ||||||||||||
| change in cash | 602,666 | 40,611 | -2,080,643 | -1,748,000 | 594,000 | 605,000 | 72,000 | 202,000 | 516,000 | 374,000 | 747,000 | -339,000 | 60,000 | -291,000 | 641,000 |
the kellan group limited Credit Report and Business Information
The Kellan Group Limited Competitor Analysis
Perform a competitor analysis for the kellan group limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other large companies, companies in EC3R area or any other competitors across 12 key performance metrics.
the kellan group limited Ownership
THE KELLAN GROUP LIMITED group structure
The Kellan Group Limited has 2 subsidiary companies.
Ultimate parent company
THE KELLAN GROUP LIMITED
02228050
2 subsidiaries
the kellan group limited directors
The Kellan Group Limited currently has 4 directors. The longest serving directors include Mr Michael Jackson (Jan 2007) and Mr Richard Ward (Mar 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Jackson | 74 years | Jan 2007 | - | Director | |
| Mr Richard Ward | United Kingdom | 58 years | Mar 2015 | - | Director |
| Mr Martin Kumar | England | 45 years | May 2022 | - | Director |
| Mr Paul Mallan | England | 43 years | Jan 2023 | - | Director |
P&L
December 2023turnover
22.1m
-9%
operating profit
1.1m
+5%
gross margin
28.5%
-2.06%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
3.6m
+0.09%
total assets
8.5m
-0.12%
cash
1.6m
-0.19%
net assets
Total assets minus all liabilities
the kellan group limited company details
company number
02228050
Type
Private limited with Share Capital
industry
78200 - Temporary employment agency activities
incorporation date
March 1988
age
37
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
the kellan group plc (January 2019)
berkeley scott group plc (February 2008)
See moreaccountant
-
auditor
LANGTONS PROFESSIONAL SERVICES LTD
address
4th floor,, 19-21 great tower street, london, EC3R 5AR
Bank
BARCLAYS BANK PLC
Legal Advisor
-
the kellan group 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 21 charges/mortgages relating to the kellan group limited. Currently there are 2 open charges and 19 have been satisfied in the past.
the kellan group 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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the kellan group limited Companies House Filings - See Documents
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