kennet properties limited
kennet properties limited Company Information
Company Number
02498997
Next Accounts
106 days late
Shareholders
thames water ltd
Group Structure
View All
Industry
Development of building projects
Registered Address
clearwater court, vastern road, reading, berkshire, RG1 8DB
Website
http://thameswater.co.ukkennet properties limited Estimated Valuation
Pomanda estimates the enterprise value of KENNET PROPERTIES LIMITED at £2m based on a Turnover of £1.6m and 1.21x industry multiple (adjusted for size and gross margin).
kennet properties limited Estimated Valuation
Pomanda estimates the enterprise value of KENNET PROPERTIES LIMITED at £11.3m based on an EBITDA of £1.2m and a 9.53x industry multiple (adjusted for size and gross margin).
kennet properties limited Estimated Valuation
Pomanda estimates the enterprise value of KENNET PROPERTIES LIMITED at £1.6m based on Net Assets of £1.1m and 1.41x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Kennet Properties Limited Overview
Kennet Properties Limited is a live company located in reading, RG1 8DB with a Companies House number of 02498997. It operates in the development of building projects sector, SIC Code 41100. Founded in May 1990, it's largest shareholder is thames water ltd with a 100% stake. Kennet Properties Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.6m with rapid growth in recent years.
Upgrade for unlimited company reports & a free credit check
Kennet Properties Limited Health Check
Pomanda's financial health check has awarded Kennet Properties Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 1 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
1 Weak
Size
annual sales of £1.6m, make it smaller than the average company (£2.2m)
£1.6m - Kennet Properties Limited
£2.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 49%, show it is growing at a faster rate (2.3%)
49% - Kennet Properties Limited
2.3% - Industry AVG
Production
with a gross margin of 100%, this company has a lower cost of product (25.9%)
100% - Kennet Properties Limited
25.9% - Industry AVG
Profitability
an operating margin of 70.4% make it more profitable than the average company (8.4%)
70.4% - Kennet Properties Limited
8.4% - Industry AVG
Employees
with 7 employees, this is similar to the industry average (6)
- Kennet Properties Limited
6 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Kennet Properties Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £234k, this is equally as efficient (£270.9k)
- Kennet Properties Limited
£270.9k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Kennet Properties Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Kennet Properties Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Kennet Properties Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 48 weeks, this is more cash available to meet short term requirements (14 weeks)
48 weeks - Kennet Properties Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 59.7%, this is a lower level of debt than the average (73.9%)
59.7% - Kennet Properties Limited
73.9% - Industry AVG
KENNET PROPERTIES LIMITED financials
Kennet Properties Limited's latest turnover from March 2023 is £1.6 million and the company has net assets of £1.1 million. According to their latest financial statements, we estimate that Kennet Properties Limited has 7 employees and maintains cash reserves of £500 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,638,000 | 500,000 | 21,070,000 | 9,569,000 | 2,742,000 | 7,129,000 | 10,378,000 | 7,154,000 | 11,273,000 | 31,506,000 | ||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | 7,000 | 130,000 | 994,000 | 1,163,000 | 1,151,000 | 796,000 | 5,087,000 | 5,094,000 | 21,296,000 | |||||
| Gross Profit | 1,638,000 | 493,000 | 20,940,000 | 8,575,000 | 1,579,000 | 5,978,000 | 9,582,000 | 2,067,000 | 6,179,000 | 10,210,000 | ||||
| Admin Expenses | 485,000 | 482,000 | -288,000 | -161,000 | -619,000 | -260,000 | 47,000 | 1,567,000 | 245,000 | 1,003,000 | 918,000 | 1,454,000 | ||
| Operating Profit | 1,153,000 | 374,000 | 181,000 | 11,000 | 21,228,000 | 8,736,000 | 619,000 | 260,000 | 1,532,000 | 4,411,000 | 9,337,000 | 1,064,000 | 5,261,000 | 8,756,000 |
| Interest Payable | ||||||||||||||
| Interest Receivable | 186,000 | 181,000 | 177,000 | 173,000 | 165,000 | |||||||||
| Pre-Tax Profit | 1,153,000 | 374,000 | 189,000 | 11,000 | 21,228,000 | 8,736,000 | 619,000 | 260,000 | 2,682,000 | 4,597,000 | 9,518,000 | 1,241,000 | 5,434,000 | 8,920,000 |
| Tax | -221,000 | -76,000 | -33,000 | -4,000 | -4,035,000 | -1,662,000 | -125,000 | -71,000 | -453,000 | -1,412,000 | -3,414,000 | 1,063,000 | -3,070,000 | -5,241,000 |
| Profit After Tax | 932,000 | 298,000 | 156,000 | 7,000 | 17,193,000 | 7,074,000 | 494,000 | 189,000 | 2,229,000 | 3,185,000 | 6,104,000 | 2,304,000 | 2,364,000 | 3,679,000 |
| Dividends Paid | 14,500,000 | 21,200,000 | 2,550,000 | 5,000,000 | 3,500,000 | |||||||||
| Retained Profit | -13,568,000 | 298,000 | 156,000 | 7,000 | -4,007,000 | 7,074,000 | 494,000 | 189,000 | -321,000 | 3,185,000 | 6,104,000 | 2,304,000 | -2,636,000 | 179,000 |
| Employee Costs | ||||||||||||||
| Number Of Employees | ||||||||||||||
| EBITDA* | 1,191,000 | 413,000 | 250,000 | 80,000 | 21,297,000 | 8,805,000 | 688,000 | 329,000 | 1,601,000 | 4,480,000 | 9,406,000 | 1,133,000 | 5,330,000 | 8,825,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 55,000 | 78,000 | 100,000 | 472,000 | 3,310,000 | 2,982,000 | 3,004,000 | 2,966,000 | ||||||
| Intangible Assets | 117,000 | 155,000 | 194,000 | 263,000 | 332,000 | 401,000 | 470,000 | 539,000 | 608,000 | 677,000 | 746,000 | 815,000 | 884,000 | 953,000 |
| Investments & Other | ||||||||||||||
| Debtors (Due After 1 year) | 42,000 | 55,000 | 78,000 | 100,000 | ||||||||||
| Total Fixed Assets | 159,000 | 210,000 | 272,000 | 363,000 | 804,000 | 3,711,000 | 3,452,000 | 3,543,000 | 3,574,000 | 677,000 | 746,000 | 815,000 | 884,000 | 953,000 |
| Stock & work in progress | 514,000 | 514,000 | 514,000 | 514,000 | 489,000 | 491,000 | 1,277,000 | 946,000 | 833,000 | 1,311,000 | 1,656,000 | 2,317,000 | 942,000 | 2,899,000 |
| Trade Debtors | 19,000 | 16,000 | 517,000 | 77,000 | 100,000 | 4,051,000 | 120,000 | 393,000 | 1,755,000 | |||||
| Group Debtors | 542,000 | 55,000 | 59,000 | 55,000 | 25,000 | 119,000 | 97,000 | 270,000 | 3,287,000 | 4,687,000 | 4,685,000 | 4,616,000 | 4,063,000 | |
| Misc Debtors | 1,031,000 | 1,167,000 | 858,000 | 1,080,000 | 493,000 | 458,000 | 432,000 | 429,000 | 376,000 | 622,000 | 341,000 | 1,024,000 | 1,186,000 | 1,526,000 |
| Cash | 500,000 | 14,104,000 | 13,785,000 | 17,295,000 | 16,858,000 | 19,604,000 | 9,313,000 | 9,391,000 | 9,915,000 | 11,388,000 | 7,099,000 | 5,445,000 | 5,484,000 | 8,835,000 |
| misc current assets | ||||||||||||||
| total current assets | 2,587,000 | 15,785,000 | 15,212,000 | 18,967,000 | 17,911,000 | 21,095,000 | 11,141,000 | 10,863,000 | 11,471,000 | 16,708,000 | 17,834,000 | 13,591,000 | 12,621,000 | 19,078,000 |
| total assets | 2,746,000 | 15,995,000 | 15,484,000 | 19,330,000 | 18,715,000 | 24,806,000 | 14,593,000 | 14,406,000 | 15,045,000 | 17,385,000 | 18,580,000 | 14,406,000 | 13,505,000 | 20,031,000 |
| Bank overdraft | ||||||||||||||
| Bank loan | ||||||||||||||
| Trade Creditors | ||||||||||||||
| Group/Directors Accounts | 189,000 | 33,000 | 18,000 | 13,000 | 2,932,000 | |||||||||
| other short term finances | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| other current liabilities | 345,000 | 332,000 | 107,000 | 4,133,000 | 4,117,000 | 3,396,000 | 223,000 | 144,000 | 712,000 | 2,688,000 | 7,363,000 | 2,373,000 | 3,586,000 | 4,976,000 |
| total current liabilities | 534,000 | 332,000 | 107,000 | 4,133,000 | 4,117,000 | 3,396,000 | 223,000 | 144,000 | 712,000 | 2,688,000 | 7,396,000 | 2,391,000 | 3,599,000 | 7,908,000 |
| loans | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| Accruals and Deferred Income | 19,000 | 32,000 | 44,000 | 57,000 | 82,000 | |||||||||
| other liabilities | 82,000 | 95,000 | 107,000 | 78,000 | ||||||||||
| provisions | 1,085,000 | 1,632,000 | 1,632,000 | 1,558,000 | 232,000 | 210,000 | 252,000 | 1,000,000 | 1,578,000 | 996,000 | 668,000 | 7,603,000 | 7,799,000 | 7,380,000 |
| total long term liabilities | 1,104,000 | 848,000 | 860,000 | 836,000 | 198,000 | 187,000 | 221,000 | 607,000 | 867,000 | 996,000 | 668,000 | 7,603,000 | 7,799,000 | 7,380,000 |
| total liabilities | 1,638,000 | 1,180,000 | 967,000 | 4,969,000 | 4,315,000 | 3,583,000 | 444,000 | 751,000 | 1,579,000 | 3,684,000 | 8,064,000 | 9,994,000 | 11,398,000 | 15,288,000 |
| net assets | 1,108,000 | 14,815,000 | 14,517,000 | 14,361,000 | 14,400,000 | 21,223,000 | 14,149,000 | 13,655,000 | 13,466,000 | 13,701,000 | 10,516,000 | 4,412,000 | 2,107,000 | 4,743,000 |
| total shareholders funds | 1,108,000 | 14,815,000 | 14,517,000 | 14,361,000 | 14,400,000 | 21,223,000 | 14,149,000 | 13,655,000 | 13,466,000 | 13,701,000 | 10,516,000 | 4,412,000 | 2,107,000 | 4,743,000 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 1,153,000 | 374,000 | 181,000 | 11,000 | 21,228,000 | 8,736,000 | 619,000 | 260,000 | 1,532,000 | 4,411,000 | 9,337,000 | 1,064,000 | 5,261,000 | 8,756,000 |
| Depreciation | ||||||||||||||
| Amortisation | 38,000 | 39,000 | 69,000 | 69,000 | 69,000 | 69,000 | 69,000 | 69,000 | 69,000 | 69,000 | 69,000 | 69,000 | 69,000 | 69,000 |
| Tax | -221,000 | -76,000 | -33,000 | -4,000 | -4,035,000 | -1,662,000 | -125,000 | -71,000 | -453,000 | -1,412,000 | -3,414,000 | 1,063,000 | -3,070,000 | -5,241,000 |
| Stock | 25,000 | -2,000 | -786,000 | 331,000 | 113,000 | -478,000 | -345,000 | -661,000 | 1,375,000 | -1,957,000 | 2,899,000 | |||
| Debtors | 393,000 | 231,000 | -267,000 | 694,000 | -436,000 | 449,000 | 25,000 | -197,000 | -3,286,000 | -5,070,000 | 3,250,000 | -366,000 | -1,149,000 | 7,344,000 |
| Creditors | ||||||||||||||
| Accruals and Deferred Income | 213,000 | -4,039,000 | -9,000 | 803,000 | 3,173,000 | 79,000 | -568,000 | -1,976,000 | -4,675,000 | 4,990,000 | -1,213,000 | -1,390,000 | 4,976,000 | |
| Deferred Taxes & Provisions | -547,000 | 74,000 | 1,326,000 | 22,000 | -42,000 | -748,000 | -578,000 | 582,000 | 328,000 | -6,935,000 | -196,000 | 419,000 | 7,380,000 | |
| Cash flow from operations | 30,000 | 319,000 | -3,481,000 | 674,000 | 18,525,000 | 10,611,000 | -462,000 | -804,000 | 3,518,000 | 4,136,000 | 1,458,000 | -222,000 | 4,395,000 | 5,697,000 |
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | ||||||||||||||
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | ||||||||||||||
| Group/Directors Accounts | 189,000 | -33,000 | 15,000 | 5,000 | -2,919,000 | 2,932,000 | ||||||||
| Other Short Term Loans | ||||||||||||||
| Long term loans | ||||||||||||||
| Hire Purchase and Lease Commitments | ||||||||||||||
| other long term liabilities | -82,000 | -13,000 | -12,000 | 29,000 | 78,000 | |||||||||
| share issue | ||||||||||||||
| interest | 186,000 | 181,000 | 177,000 | 173,000 | 165,000 | |||||||||
| cash flow from financing | 50,000 | -46,000 | -2,898,000 | -13,000 | -12,000 | 29,000 | 164,000 | 153,000 | 196,000 | 183,000 | -2,746,000 | 7,661,000 | ||
| cash and cash equivalents | ||||||||||||||
| cash | -13,604,000 | 319,000 | -3,510,000 | 437,000 | -2,746,000 | 10,291,000 | -78,000 | -524,000 | -1,473,000 | 4,289,000 | 1,654,000 | -39,000 | -3,351,000 | 8,835,000 |
| overdraft | ||||||||||||||
| change in cash | -13,604,000 | 319,000 | -3,510,000 | 437,000 | -2,746,000 | 10,291,000 | -78,000 | -524,000 | -1,473,000 | 4,289,000 | 1,654,000 | -39,000 | -3,351,000 | 8,835,000 |
kennet properties limited Credit Report and Business Information
Kennet Properties Limited Competitor Analysis
Perform a competitor analysis for kennet properties limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in RG1 area or any other competitors across 12 key performance metrics.
kennet properties limited Ownership
KENNET PROPERTIES LIMITED group structure
Kennet Properties Limited has 1 subsidiary company.
Ultimate parent company
2 parents
KENNET PROPERTIES LIMITED
02498997
1 subsidiary
kennet properties limited directors
Kennet Properties Limited currently has 2 directors. The longest serving directors include Mr Nicholas Pike (May 2024) and Mr Paul Odonnell (May 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nicholas Pike | England | 62 years | May 2024 | - | Director |
| Mr Paul Odonnell | 46 years | May 2024 | - | Director |
P&L
March 2023turnover
1.6m
0%
operating profit
1.2m
+208%
gross margin
100%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
1.1m
-0.93%
total assets
2.7m
-0.83%
cash
500k
-0.96%
net assets
Total assets minus all liabilities
kennet properties limited company details
company number
02498997
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
May 1990
age
35
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2023
previous names
evenbonus limited (June 1990)
accountant
-
auditor
PRICEWATERHOUSECOOPERS LLP
address
clearwater court, vastern road, reading, berkshire, RG1 8DB
Bank
LLOYDS TSB BANK PLC
Legal Advisor
-
kennet properties 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 1 charges/mortgages relating to kennet properties limited. Currently there are 1 open charges and 0 have been satisfied in the past.
kennet properties 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 KENNET PROPERTIES LIMITED. This can take several minutes, an email will notify you when this has completed.
kennet properties limited Companies House Filings - See Documents
| date | description | view/download |
|---|
