kevin watson construction ltd
kevin watson construction ltd Company Information
Company Number
02858544
Next Accounts
Sep 2025
Shareholders
kevin george watson
shona mary frances watson
View AllGroup Structure
View All
Industry
Development of building projects
Registered Address
5 beauchamp court, victors way, barnet, london, EN5 5TZ
Website
www.kevinwatsongroup.comkevin watson construction ltd Estimated Valuation
Pomanda estimates the enterprise value of KEVIN WATSON CONSTRUCTION LTD at £6.7m based on a Turnover of £15m and 0.44x industry multiple (adjusted for size and gross margin).
kevin watson construction ltd Estimated Valuation
Pomanda estimates the enterprise value of KEVIN WATSON CONSTRUCTION LTD at £1.4m based on an EBITDA of £410.2k and a 3.52x industry multiple (adjusted for size and gross margin).
kevin watson construction ltd Estimated Valuation
Pomanda estimates the enterprise value of KEVIN WATSON CONSTRUCTION LTD at £4.4m based on Net Assets of £3.1m and 1.41x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Kevin Watson Construction Ltd Overview
Kevin Watson Construction Ltd is a live company located in barnet, EN5 5TZ with a Companies House number of 02858544. It operates in the development of building projects sector, SIC Code 41100. Founded in September 1993, it's largest shareholder is kevin george watson with a 55.5% stake. Kevin Watson Construction Ltd is a mature, mid sized company, Pomanda has estimated its turnover at £15m with declining growth in recent years.
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Kevin Watson Construction Ltd Health Check
Pomanda's financial health check has awarded Kevin Watson Construction Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
5 Weak
Size
annual sales of £15m, make it larger than the average company (£2.5m)
£15m - Kevin Watson Construction Ltd
£2.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -14%, show it is growing at a slower rate (4.8%)
-14% - Kevin Watson Construction Ltd
4.8% - Industry AVG
Production
with a gross margin of 10.1%, this company has a higher cost of product (27.3%)
10.1% - Kevin Watson Construction Ltd
27.3% - Industry AVG
Profitability
an operating margin of 1.6% make it less profitable than the average company (7%)
1.6% - Kevin Watson Construction Ltd
7% - Industry AVG
Employees
with 49 employees, this is above the industry average (7)
49 - Kevin Watson Construction Ltd
7 - Industry AVG
Pay Structure
on an average salary of £37.2k, the company has a lower pay structure (£48.2k)
£37.2k - Kevin Watson Construction Ltd
£48.2k - Industry AVG
Efficiency
resulting in sales per employee of £306.9k, this is equally as efficient (£289.9k)
£306.9k - Kevin Watson Construction Ltd
£289.9k - Industry AVG
Debtor Days
it gets paid by customers after 214 days, this is later than average (28 days)
214 days - Kevin Watson Construction Ltd
28 days - Industry AVG
Creditor Days
its suppliers are paid after 80 days, this is slower than average (31 days)
80 days - Kevin Watson Construction Ltd
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Kevin Watson Construction Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (12 weeks)
1 weeks - Kevin Watson Construction Ltd
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 68.4%, this is a similar level of debt than the average (73.5%)
68.4% - Kevin Watson Construction Ltd
73.5% - Industry AVG
KEVIN WATSON CONSTRUCTION LTD financials
Kevin Watson Construction Ltd's latest turnover from December 2023 is £15 million and the company has net assets of £3.1 million. According to their latest financial statements, Kevin Watson Construction Ltd has 49 employees and maintains cash reserves of £179.2 thousand 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 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 15,037,925 | 26,112,466 | 24,095,859 | 23,275,104 | 22,334,813 | 21,789,938 | ||||||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | 13,524,605 | 24,932,557 | 22,381,376 | 21,067,962 | 21,089,143 | 20,802,480 | ||||||||
| Gross Profit | 1,513,320 | 1,179,909 | 1,714,483 | 2,207,142 | 1,245,670 | 987,458 | ||||||||
| Admin Expenses | 1,278,875 | 1,059,016 | 1,583,599 | 1,708,046 | 1,114,534 | 907,579 | ||||||||
| Operating Profit | 234,445 | 120,893 | 130,884 | 499,096 | 131,136 | 79,879 | ||||||||
| Interest Payable | 129,735 | 83,441 | 54,928 | 41,434 | 24,299 | 4,714 | ||||||||
| Interest Receivable | 1,000 | 49,832 | 23,466 | 4,853 | ||||||||||
| Pre-Tax Profit | 104,710 | 37,452 | 76,956 | 507,494 | 130,303 | 80,018 | ||||||||
| Tax | 321,906 | -5,315 | 36,195 | -239,808 | 811,331 | 151,606 | ||||||||
| Profit After Tax | 426,616 | 32,137 | 113,151 | 267,686 | 941,634 | 231,624 | ||||||||
| Dividends Paid | 3,000 | 6,000 | 6,000 | 8,000 | 8,000 | 8,000 | ||||||||
| Retained Profit | 423,616 | 26,137 | 107,151 | 259,686 | 933,634 | 223,624 | ||||||||
| Employee Costs | 1,821,513 | 1,990,655 | 2,109,837 | 1,817,449 | 1,764,274 | 1,463,810 | ||||||||
| Number Of Employees | 49 | 51 | 53 | 58 | 42 | 34 | 30 | 41 | 28 | |||||
| EBITDA* | 410,156 | 314,312 | 290,535 | 664,576 | 290,319 | 189,211 |
* 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 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 108,612 | 216,414 | 301,777 | 415,660 | 424,785 | 339,772 | 189,815 | 143,535 | 86,155 | 39,255 | 32,800 | 41,906 | 54,105 | 77,183 |
| Intangible Assets | ||||||||||||||
| Investments & Other | ||||||||||||||
| Debtors (Due After 1 year) | 1,291,991 | 1,451,892 | 556,612 | |||||||||||
| Total Fixed Assets | 108,612 | 216,414 | 301,777 | 415,660 | 424,785 | 339,772 | 189,815 | 143,535 | 86,155 | 39,255 | 1,324,791 | 1,493,798 | 610,717 | 77,183 |
| Stock & work in progress | 729,317 | 2,898,649 | 3,542,290 | 9,599,746 | ||||||||||
| Trade Debtors | 8,826,469 | 7,737,968 | 6,353,755 | 5,104,915 | 2,550,347 | 3,831,285 | 2,323,997 | 1,818,201 | 686,257 | 877,308 | 581,732 | 247,758 | 28,522 | 856,592 |
| Group Debtors | ||||||||||||||
| Misc Debtors | 686,976 | 423,095 | 447,514 | 1,284,487 | 3,888,803 | 1,226,846 | 741,640 | 498,378 | 1,148,935 | |||||
| Cash | 179,242 | 372,185 | 451,880 | 103,267 | 1,005,908 | 597,840 | 172,836 | 414,628 | 41,650 | 6,153 | 10,460 | 111,437 | 376,721 | |
| misc current assets | ||||||||||||||
| total current assets | 9,692,687 | 8,161,063 | 7,173,454 | 6,841,282 | 6,542,417 | 6,064,039 | 3,663,477 | 2,489,415 | 2,249,820 | 918,958 | 1,317,202 | 3,156,867 | 3,682,249 | 10,833,059 |
| total assets | 9,801,299 | 8,377,477 | 7,475,231 | 7,256,942 | 6,967,202 | 6,403,811 | 3,853,292 | 2,632,950 | 2,335,975 | 958,213 | 2,641,993 | 4,650,665 | 4,292,966 | 10,910,242 |
| Bank overdraft | 269,917 | |||||||||||||
| Bank loan | 71,170 | 67,138 | 95,745 | 57,719 | 35,714 | |||||||||
| Trade Creditors | 3,000,896 | 3,959,235 | 3,214,758 | 2,628,687 | 3,007,460 | 2,407,913 | 1,360,609 | 908,290 | 1,013,285 | 996,177 | 989,336 | 894,167 | 732,606 | 10,755,366 |
| Group/Directors Accounts | ||||||||||||||
| other short term finances | ||||||||||||||
| hp & lease commitments | 198,899 | 221,670 | 196,576 | 190,698 | 103,937 | 211,549 | 60,119 | 70,247 | 22,128 | |||||
| other current liabilities | 3,071,629 | 673,201 | 597,084 | 962,777 | 922,047 | 2,077,542 | 807,121 | 612,666 | 501,402 | |||||
| total current liabilities | 6,342,594 | 5,191,161 | 4,104,163 | 3,839,881 | 4,069,158 | 4,697,004 | 2,227,849 | 1,591,203 | 1,536,815 | 996,177 | 989,336 | 894,167 | 732,606 | 10,755,366 |
| loans | 203,475 | 278,677 | 379,090 | 412,927 | 205,151 | 955,739 | ||||||||
| hp & lease commitments | 128,269 | 166,328 | 212,804 | 261,584 | 155,997 | 21,006 | ||||||||
| Accruals and Deferred Income | ||||||||||||||
| other liabilities | 68,239 | 49,034 | 38,160 | 995,569 | 995,783 | 3,101,400 | 2,946,493 | |||||||
| provisions | 27,153 | 41,119 | 55,919 | 77,246 | 71,818 | 85,418 | 31,645 | 25,527 | 3,396 | 3,397 | 4,819 | 8,637 | ||
| total long term liabilities | 358,897 | 486,124 | 647,813 | 751,757 | 432,966 | 106,424 | 99,884 | 74,561 | 993,899 | 995,569 | 999,179 | 3,104,797 | 2,951,312 | 8,637 |
| total liabilities | 6,701,491 | 5,677,285 | 4,751,976 | 4,591,638 | 4,502,124 | 4,803,428 | 2,327,733 | 1,665,764 | 2,530,714 | 1,991,746 | 1,988,515 | 3,998,964 | 3,683,918 | 10,764,003 |
| net assets | 3,099,808 | 2,700,192 | 2,723,255 | 2,665,304 | 2,465,078 | 1,600,383 | 1,525,559 | 967,186 | -194,739 | -1,033,533 | 653,478 | 651,701 | 609,048 | 146,239 |
| total shareholders funds | 3,099,808 | 2,700,192 | 2,723,255 | 2,665,304 | 2,465,078 | 1,600,383 | 1,525,559 | 967,186 | -194,739 | -1,033,533 | 653,478 | 651,701 | 609,048 | 146,239 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 234,445 | 120,893 | 130,884 | 499,096 | 131,136 | 79,879 | ||||||||
| Depreciation | 175,711 | 193,419 | 159,651 | 165,480 | 159,183 | 109,332 | 80,990 | 52,317 | 28,064 | 26,220 | 9,106 | 12,199 | 15,952 | 16,435 |
| Amortisation | ||||||||||||||
| Tax | 321,906 | -5,315 | 36,195 | -239,808 | 811,331 | 151,606 | ||||||||
| Stock | -729,317 | -2,169,332 | -643,641 | -6,057,456 | 9,599,746 | |||||||||
| Debtors | 1,352,382 | 1,359,794 | 411,867 | -49,748 | 1,381,019 | 1,992,494 | 749,058 | 481,387 | 1,835,192 | -996,415 | 174,073 | 1,114,516 | -271,458 | 856,592 |
| Creditors | -958,339 | 744,477 | 586,071 | -378,773 | 599,547 | 1,047,304 | 452,319 | -104,995 | 1,013,285 | 6,841 | 95,169 | 161,561 | -10,022,760 | 10,755,366 |
| Accruals and Deferred Income | 2,398,428 | 76,117 | -365,693 | 40,730 | -1,155,495 | 1,270,421 | 194,455 | 111,264 | 501,402 | |||||
| Deferred Taxes & Provisions | -13,966 | -14,800 | -21,327 | 5,428 | -13,600 | 53,773 | 6,118 | 25,527 | -3,396 | -1 | -1,422 | -3,818 | 8,637 | |
| Cash flow from operations | 805,803 | -245,003 | 113,914 | 141,901 | -848,917 | 719,821 | ||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | -259,287 | |||||||||||||
| Change in Investments | ||||||||||||||
| cash flow from investments | -259,287 | |||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 4,032 | -28,607 | 38,026 | 22,005 | 35,714 | |||||||||
| Group/Directors Accounts | ||||||||||||||
| Other Short Term Loans | ||||||||||||||
| Long term loans | -75,202 | -100,413 | -33,837 | 207,776 | 205,151 | -955,739 | 955,739 | |||||||
| Hire Purchase and Lease Commitments | -60,830 | -21,382 | -42,902 | 192,348 | 27,379 | 172,436 | -10,128 | 48,119 | 22,128 | |||||
| other long term liabilities | -68,239 | 19,205 | 10,874 | 38,160 | -214 | -2,105,617 | 154,907 | 2,946,493 | ||||||
| share issue | ||||||||||||||
| interest | -129,735 | -83,441 | -53,928 | 8,398 | -833 | 139 | ||||||||
| cash flow from financing | -285,735 | -283,043 | -141,841 | 371,067 | 198,472 | -44,464 | ||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 179,242 | -372,185 | -79,695 | 348,613 | -902,641 | 408,068 | 425,004 | -241,792 | 414,628 | 35,497 | -4,307 | -100,977 | -265,284 | 376,721 |
| overdraft | -269,917 | 269,917 | ||||||||||||
| change in cash | 449,159 | -642,102 | -79,695 | 348,613 | -902,641 | 408,068 | 425,004 | -241,792 | 414,628 | 35,497 | -4,307 | -100,977 | -265,284 | 376,721 |
kevin watson construction ltd Credit Report and Business Information
Kevin Watson Construction Ltd Competitor Analysis
Perform a competitor analysis for kevin watson construction ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other mid companies, companies in EN5 area or any other competitors across 12 key performance metrics.
kevin watson construction ltd Ownership
KEVIN WATSON CONSTRUCTION LTD group structure
Kevin Watson Construction Ltd has no subsidiary companies.
Ultimate parent company
KEVIN WATSON CONSTRUCTION LTD
02858544
kevin watson construction ltd directors
Kevin Watson Construction Ltd currently has 3 directors. The longest serving directors include Mr Kevin Watson (Mar 1994) and Mr Cornelius Ward (Oct 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Kevin Watson | 58 years | Mar 1994 | - | Director | |
| Mr Cornelius Ward | United Kingdom | 49 years | Oct 2016 | - | Director |
| Ms Shona Watson | Northern Ireland | 57 years | May 2018 | - | Director |
P&L
December 2023turnover
15m
-42%
operating profit
234.4k
+94%
gross margin
10.1%
+122.71%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
3.1m
+0.15%
total assets
9.8m
+0.17%
cash
179.2k
0%
net assets
Total assets minus all liabilities
kevin watson construction ltd company details
company number
02858544
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
September 1993
age
32
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
pebworth builders limited (May 1996)
accountant
-
auditor
EVANS MOCKLER LIMITED
address
5 beauchamp court, victors way, barnet, london, EN5 5TZ
Bank
ULSTER BANK LTD
Legal Advisor
-
kevin watson construction ltd 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 25 charges/mortgages relating to kevin watson construction ltd. Currently there are 1 open charges and 24 have been satisfied in the past.
kevin watson construction ltd 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 KEVIN WATSON CONSTRUCTION LTD. This can take several minutes, an email will notify you when this has completed.
kevin watson construction ltd Companies House Filings - See Documents
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