Pomanda estimates the enterprise value of K STEELS LIMITED at £4.5m based on a Turnover of £13m and 0.34x industry multiple (adjusted for size and gross margin).
k steels limitedEstimated Valuation
£1.6m
Pomanda estimates the enterprise value of K STEELS LIMITED at £1.6m based on an EBITDA of £332.3k and a 4.76x industry multiple (adjusted for size and gross margin).
k steels limitedEstimated Valuation
£6.4m
Pomanda estimates the enterprise value of K STEELS LIMITED at £6.4m based on Net Assets of £4.2m and 1.53x industry multiple (adjusted for liquidity).
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K Steels LimitedOverview
K Steels Limited is a live company located in rawtenstall, BB4 6JF with a Companies House number of 02284684. It operates in the wholesale of metals and metal ores sector, SIC Code 46720. Founded in August 1988, it's largest shareholder is
k steels holdings ltd
with a 100% stake. K Steels Limited is a mature,
mid sized company, Pomanda has estimated its turnover at
£13m with
healthy
growth in recent years.
Pomanda's financial health check has awarded K Steels Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating4.5out of 5
6 Strong
2 Regular
4 Weak
Size
annual sales of £13m, make it smaller than the average company (£27.8m)
£13m - K Steels Limited
£27.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 7%, show it is growing at a slower rate (14.5%)
7% - K Steels Limited
14.5% - Industry AVG
Production
with a gross margin of 19.9%, this company has a comparable cost of product (17.3%)
19.9% - K Steels Limited
17.3% - Industry AVG
Profitability
an operating margin of 1.4% make it less profitable than the average company (6.2%)
1.4% - K Steels Limited
6.2% - Industry AVG
Employees
with 39 employees, this is above the industry average (31)
39 - K Steels Limited
31 - Industry AVG
Pay Structure
on an average salary of £30.7k, the company has a lower pay structure (£50k)
£30.7k - K Steels Limited
£50k - Industry AVG
Efficiency
resulting in sales per employee of £334.4k, this is less efficient (£919.4k)
£334.4k - K Steels Limited
£919.4k - Industry AVG
Debtor Days
it gets paid by customers after 50 days, this is earlier than average (65 days)
50 days - K Steels Limited
65 days - Industry AVG
Creditor Days
its suppliers are paid after 86 days, this is slower than average (50 days)
86 days - K Steels Limited
50 days - Industry AVG
Stock Days
it holds stock equivalent to 67 days, this is in line with average (76 days)
67 days - K Steels Limited
76 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 48 weeks, this is more cash available to meet short term requirements (6 weeks)
48 weeks - K Steels Limited
6 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 43.8%, this is a lower level of debt than the average (54.6%)
43.8% - K Steels Limited
54.6% - Industry AVG
K STEELS LIMITED financials
EXPORT
K Steels Limited's latest turnover from September 2023 is £13 million and the company has net assets of £4.2 million. According to their latest financial statements, K Steels Limited has 39 employees and maintains cash reserves of £2.9 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Sep 2016
Sep 2015
Sep 2014
Sep 2013
Sep 2012
Sep 2011
Sep 2010
Sep 2009
Turnover
13,040,906
15,760,998
13,119,559
10,787,116
10,970,856
11,559,346
9,361,366
9,790,645
8,853,194
9,595,040
9,422,572
10,231,500
9,134,706
7,794,653
7,701,598
Other Income Or Grants
Cost Of Sales
10,442,530
11,974,602
9,375,799
9,488,755
9,521,740
9,998,798
7,820,019
8,422,989
6,783,038
7,637,200
7,524,824
8,315,938
7,262,042
6,018,643
Gross Profit
2,598,376
3,786,396
3,743,760
1,298,361
1,449,116
1,560,548
1,541,346
1,367,656
2,070,156
1,957,840
1,897,748
1,915,562
1,872,664
1,776,010
Admin Expenses
2,413,560
2,596,045
2,444,357
1,349,419
1,456,007
1,520,060
1,405,816
947,073
1,832,218
1,848,241
1,880,936
1,829,747
1,761,125
1,773,792
575,810
Operating Profit
184,816
1,190,351
1,299,403
-51,058
-6,891
40,488
135,530
420,583
237,938
109,599
16,812
85,815
111,539
2,218
-575,810
Interest Payable
460
Interest Receivable
56,955
20,237
2,016
1,952
13,118
13,610
4,552
4,289
11,993
14,170
16,752
16,461
7,202
877
3,023
Pre-Tax Profit
241,771
1,210,588
1,301,419
-49,106
6,227
54,099
140,083
424,873
249,931
123,769
33,564
102,276
118,741
2,635
-572,787
Tax
-42,732
-271,073
-259,894
-1,183
-10,279
-26,616
-84,974
-50,123
-25,099
-7,034
-20,671
-23,785
-238
169,512
Profit After Tax
199,039
939,515
1,041,525
-49,106
5,044
43,820
113,467
339,898
199,808
98,670
26,530
81,605
94,956
2,397
-403,275
Dividends Paid
61,468
307,340
368,808
Retained Profit
137,571
632,175
672,717
-49,106
5,044
43,820
113,467
339,898
199,808
98,670
26,530
81,605
94,956
2,397
-403,275
Employee Costs
1,198,166
1,420,484
1,368,571
1,686,303
1,569,461
1,533,636
1,446,628
1,463,930
1,139,441
1,146,308
1,086,565
1,128,028
1,089,367
1,015,846
1,126,530
Number Of Employees
39
37
35
41
39
39
38
39
40
41
43
44
42
40
51
EBITDA*
332,269
1,311,635
1,417,065
81,544
101,317
131,276
192,464
484,098
297,573
178,734
85,028
132,060
184,138
69,217
-492,370
* Earnings Before Interest, Tax, Depreciation and Amortisation
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Sep 2016
Sep 2015
Sep 2014
Sep 2013
Sep 2012
Sep 2011
Sep 2010
Sep 2009
Tangible Assets
794,004
618,231
490,838
509,672
496,098
360,422
319,770
253,332
242,736
298,938
256,291
197,247
169,561
224,542
277,876
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
794,004
618,231
490,838
509,672
496,098
360,422
319,770
253,332
242,736
298,938
256,291
197,247
169,561
224,542
277,876
Stock & work in progress
1,939,582
2,597,007
2,161,005
1,083,900
1,354,228
1,486,523
1,293,949
1,099,112
992,619
1,150,469
1,089,783
1,207,042
1,239,676
949,193
912,210
Trade Debtors
1,805,593
2,434,639
2,340,035
1,396,175
1,825,782
2,020,988
1,898,434
1,764,836
1,591,435
1,949,249
1,876,046
2,275,507
2,083,384
1,837,913
1,655,025
Group Debtors
6,480
Misc Debtors
86,960
82,895
69,748
87,385
81,427
59,566
56,429
59,220
60,209
56,024
111,282
87,327
30,685
315,117
270,683
Cash
2,863,246
3,272,938
2,802,135
2,202,896
1,700,588
1,797,480
1,831,968
1,809,924
1,621,664
1,462,956
1,607,883
1,296,785
1,515,737
1,038,611
649,630
misc current assets
total current assets
6,695,381
8,387,479
7,372,923
4,776,836
4,962,025
5,364,557
5,080,780
4,733,092
4,265,927
4,618,698
4,684,994
4,866,661
4,869,482
4,140,834
3,487,548
total assets
7,489,385
9,005,710
7,863,761
5,286,508
5,458,123
5,724,979
5,400,550
4,986,424
4,508,663
4,917,636
4,941,285
5,063,908
5,039,043
4,365,376
3,765,424
Bank overdraft
Bank loan
Trade Creditors
2,486,650
3,691,620
3,119,670
2,073,427
2,218,705
2,511,634
2,161,064
1,851,503
1,636,242
2,090,984
2,240,379
2,438,479
2,537,748
1,912,073
1,360,749
Group/Directors Accounts
732
732
732
102,828
444,874
472,285
424,613
385,490
404,984
407,626
other short term finances
hp & lease commitments
other current liabilities
584,380
1,069,452
1,193,990
350,330
334,400
336,990
416,820
447,849
414,486
218,073
176,259
190,434
194,762
219,570
164,140
total current liabilities
3,071,762
4,761,804
4,314,392
2,423,757
2,553,105
2,848,624
2,577,884
2,299,352
2,153,556
2,753,931
2,888,923
3,053,526
3,118,000
2,536,627
1,932,515
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
206,984
170,838
108,476
94,575
87,736
64,117
54,248
32,121
40,054
48,460
35,787
20,337
12,603
15,265
21,822
total long term liabilities
206,984
170,838
108,476
94,575
87,736
64,117
54,248
32,121
40,054
48,460
35,787
20,337
12,603
15,265
21,822
total liabilities
3,278,746
4,932,642
4,422,868
2,518,332
2,640,841
2,912,741
2,632,132
2,331,473
2,193,610
2,802,391
2,924,710
3,073,863
3,130,603
2,551,892
1,954,337
net assets
4,210,639
4,073,068
3,440,893
2,768,176
2,817,282
2,812,238
2,768,418
2,654,951
2,315,053
2,115,245
2,016,575
1,990,045
1,908,440
1,813,484
1,811,087
total shareholders funds
4,210,639
4,073,068
3,440,893
2,768,176
2,817,282
2,812,238
2,768,418
2,654,951
2,315,053
2,115,245
2,016,575
1,990,045
1,908,440
1,813,484
1,811,087
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Sep 2016
Sep 2015
Sep 2014
Sep 2013
Sep 2012
Sep 2011
Sep 2010
Sep 2009
Operating Activities
Operating Profit
184,816
1,190,351
1,299,403
-51,058
-6,891
40,488
135,530
420,583
237,938
109,599
16,812
85,815
111,539
2,218
-575,810
Depreciation
147,453
121,284
117,662
132,602
108,208
90,788
56,934
63,515
59,635
69,135
68,216
46,245
72,599
66,999
83,440
Amortisation
Tax
-42,732
-271,073
-259,894
-1,183
-10,279
-26,616
-84,974
-50,123
-25,099
-7,034
-20,671
-23,785
-238
169,512
Stock
-657,425
436,002
1,077,105
-270,328
-132,295
192,574
194,837
106,493
-157,850
60,686
-117,259
-32,634
290,483
36,983
912,210
Debtors
-624,981
107,751
919,743
-417,169
-173,345
125,691
130,807
172,412
-353,629
17,945
-375,506
248,765
-38,961
227,322
1,925,708
Creditors
-1,204,970
571,950
1,046,243
-145,278
-292,929
350,570
309,561
215,261
-454,742
-149,395
-198,100
-99,269
625,675
551,324
1,360,749
Accruals and Deferred Income
-485,072
-124,538
843,660
15,930
-2,590
-79,830
-31,029
33,363
196,413
41,814
-14,175
-4,328
-24,808
55,430
164,140
Deferred Taxes & Provisions
36,146
62,362
13,901
6,839
23,619
9,869
22,127
-7,933
-8,406
12,673
15,450
7,734
-2,662
-6,557
21,822
Cash flow from operations
-81,953
1,006,583
1,064,127
646,532
133,874
83,341
140,863
360,910
492,194
-19,904
373,934
-200,605
507,036
404,871
-1,614,065
Investing Activities
capital expenditure
-323,226
-248,677
-98,828
-146,176
-243,884
-131,440
-123,372
-74,111
-1,805
-111,016
-126,487
-73,931
-16,888
-15,328
-50,981
Change in Investments
cash flow from investments
-323,226
-248,677
-98,828
-146,176
-243,884
-131,440
-123,372
-74,111
-1,805
-111,016
-126,487
-73,931
-16,888
-15,328
-50,981
Financing Activities
Bank loans
Group/Directors Accounts
732
-102,828
-342,046
-27,411
47,672
39,123
-19,494
-2,642
407,626
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
2,214,362
interest
56,955
20,237
2,016
1,952
13,118
13,610
4,552
4,289
11,993
14,170
16,752
16,461
7,202
417
3,023
cash flow from financing
56,955
20,237
2,748
1,952
13,118
13,610
4,552
-98,539
-330,053
-13,241
64,424
55,584
-12,292
-2,225
2,625,011
cash and cash equivalents
cash
-409,692
470,803
599,239
502,308
-96,892
-34,488
22,044
188,260
158,708
-144,927
311,098
-218,952
477,126
388,981
649,630
overdraft
change in cash
-409,692
470,803
599,239
502,308
-96,892
-34,488
22,044
188,260
158,708
-144,927
311,098
-218,952
477,126
388,981
649,630
k steels limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for k steels limited. Get real-time insights into k steels limited's credit score, group structure and payment trends.
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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 3 charges/mortgages relating to k steels limited. Currently there are 0 open charges and 3 have been satisfied in the past.
k steels limited Capital Raised & Share Issues BETA
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k steels limitedCompanies House Filings - See Documents
