michael king's limited
michael king's limited Company Information
Company Number
02892922
Next Accounts
Oct 2025
Industry
Other manufacturing n.e.c.
Shareholders
linda gale king
michael hugh king
View AllGroup Structure
View All
Contact
Registered Address
autumn leaves whitley lane, walton, street, somerset, BA16 9RW
Website
www.michaelkings.co.ukmichael king's limited Estimated Valuation
Pomanda estimates the enterprise value of MICHAEL KING'S LIMITED at £445.1k based on a Turnover of £758.2k and 0.59x industry multiple (adjusted for size and gross margin).
michael king's limited Estimated Valuation
Pomanda estimates the enterprise value of MICHAEL KING'S LIMITED at £0 based on an EBITDA of £-16.1k and a 4.04x industry multiple (adjusted for size and gross margin).
michael king's limited Estimated Valuation
Pomanda estimates the enterprise value of MICHAEL KING'S LIMITED at £558k based on Net Assets of £267.3k and 2.09x industry multiple (adjusted for liquidity).
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Michael King's Limited Overview
Michael King's Limited is a live company located in street, BA16 9RW with a Companies House number of 02892922. It operates in the other manufacturing n.e.c. sector, SIC Code 32990. Founded in January 1994, it's largest shareholder is linda gale king with a 52.5% stake. Michael King's Limited is a mature, small sized company, Pomanda has estimated its turnover at £758.2k with declining growth in recent years.
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Michael King's Limited Health Check
Pomanda's financial health check has awarded Michael King'S Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
7 Weak
Size
annual sales of £758.2k, make it smaller than the average company (£14.1m)
- Michael King's Limited
£14.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -4%, show it is growing at a slower rate (8.2%)
- Michael King's Limited
8.2% - Industry AVG
Production
with a gross margin of 21%, this company has a higher cost of product (30%)
- Michael King's Limited
30% - Industry AVG
Profitability
an operating margin of -2.1% make it less profitable than the average company (6.6%)
- Michael King's Limited
6.6% - Industry AVG
Employees
with 4 employees, this is below the industry average (71)
4 - Michael King's Limited
71 - Industry AVG
Pay Structure
on an average salary of £41.9k, the company has an equivalent pay structure (£41.9k)
- Michael King's Limited
£41.9k - Industry AVG
Efficiency
resulting in sales per employee of £189.5k, this is equally as efficient (£175.5k)
- Michael King's Limited
£175.5k - Industry AVG
Debtor Days
it gets paid by customers after 126 days, this is later than average (52 days)
- Michael King's Limited
52 days - Industry AVG
Creditor Days
its suppliers are paid after 15 days, this is quicker than average (41 days)
- Michael King's Limited
41 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Michael King's Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Michael King's Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 8.6%, this is a lower level of debt than the average (47.1%)
8.6% - Michael King's Limited
47.1% - Industry AVG
MICHAEL KING'S LIMITED financials
Michael King'S Limited's latest turnover from January 2024 is estimated at £758.2 thousand and the company has net assets of £267.3 thousand. According to their latest financial statements, Michael King'S Limited has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | |||||||||||||||
| Tax | |||||||||||||||
| Profit After Tax | |||||||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | |||||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 4 | 5 | 5 | 5 | 5 | 7 | |||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 30,245 | 46,462 | 62,779 | 81,942 | 101,105 | 120,268 | 112,352 | 58,241 | 60,197 | 83,010 | 92,820 | 68,534 | 82,781 | 50,673 | 39,590 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 30,245 | 46,462 | 62,779 | 81,942 | 101,105 | 120,268 | 112,352 | 58,241 | 60,197 | 83,010 | 92,820 | 68,534 | 82,781 | 50,673 | 39,590 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 56,000 | 45,000 | 61,000 | 45,500 | 42,500 | 47,500 | 48,000 | 34,500 | 46,500 |
| Trade Debtors | 262,227 | 302,627 | 341,162 | 307,329 | 256,488 | 279,408 | 166,115 | 172,392 | 136,480 | 119,759 | 114,004 | 113,853 | 114,902 | 100,312 | 19,892 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 87,681 | 90,985 | 79,325 | 111,396 | 130,560 | 80,300 | 57,953 | 76,574 | 102,937 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 262,227 | 302,627 | 341,162 | 307,329 | 256,488 | 279,408 | 309,796 | 308,377 | 276,805 | 276,655 | 287,064 | 241,653 | 220,855 | 211,386 | 169,329 |
| total assets | 292,472 | 349,089 | 403,941 | 389,271 | 357,593 | 399,676 | 422,148 | 366,618 | 337,002 | 359,665 | 379,884 | 310,187 | 303,636 | 262,059 | 208,919 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 25,220 | 65,718 | 99,486 | 83,130 | 86,237 | 136,094 | 158,744 | 103,928 | 90,437 | 97,493 | 125,101 | 110,467 | 104,069 | 91,334 | 49,822 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 25,220 | 65,718 | 99,486 | 83,130 | 86,237 | 136,094 | 158,744 | 103,928 | 90,437 | 97,493 | 125,101 | 110,467 | 104,069 | 91,334 | 49,822 |
| loans | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 25,691 |
| provisions | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 25,691 |
| total liabilities | 25,220 | 65,718 | 99,486 | 83,130 | 86,237 | 136,094 | 158,744 | 103,928 | 90,437 | 97,493 | 125,101 | 110,467 | 104,069 | 91,334 | 75,513 |
| net assets | 267,252 | 283,371 | 304,455 | 306,141 | 271,356 | 263,582 | 263,404 | 262,690 | 246,565 | 262,172 | 254,783 | 199,720 | 199,567 | 170,725 | 133,406 |
| total shareholders funds | 267,252 | 283,371 | 304,455 | 306,141 | 271,356 | 263,582 | 263,404 | 262,690 | 246,565 | 262,172 | 254,783 | 199,720 | 199,567 | 170,725 | 133,406 |
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 17,984 | 17,144 | 2,281 | 22,810 | 25,029 | 15,166 | 26,744 | 17,917 | 12,683 | ||||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Tax | |||||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | -56,000 | 11,000 | -16,000 | 15,500 | 3,000 | -5,000 | -500 | 13,500 | -12,000 | 46,500 |
| Debtors | -40,400 | -38,535 | 33,833 | 50,841 | -22,920 | 113,293 | -6,277 | 35,912 | 16,721 | 5,755 | 151 | -1,049 | 14,590 | 80,420 | 19,892 |
| Creditors | -40,498 | -33,768 | 16,356 | -3,107 | -49,857 | -22,650 | 54,816 | 13,491 | -7,056 | -27,608 | 14,634 | 6,398 | 12,735 | 41,512 | 49,822 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 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 | 0 | 0 | -25,691 | 25,691 |
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | -87,681 | -3,304 | 11,660 | -32,071 | -19,164 | 50,260 | 22,347 | -18,621 | -26,363 | 102,937 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | -87,681 | -3,304 | 11,660 | -32,071 | -19,164 | 50,260 | 22,347 | -18,621 | -26,363 | 102,937 |
michael king's limited Credit Report and Business Information
Michael King's Limited Competitor Analysis
Perform a competitor analysis for michael king's limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in BA16 area or any other competitors across 12 key performance metrics.
michael king's limited Ownership
MICHAEL KING'S LIMITED group structure
Michael King'S Limited has no subsidiary companies.
Ultimate parent company
MICHAEL KING'S LIMITED
02892922
michael king's limited directors
Michael King'S Limited currently has 3 directors. The longest serving directors include Mrs Barbara King (Jan 1994) and Mr Michael King (Jan 1994).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Barbara King | 85 years | Jan 1994 | - | Director | |
| Mr Michael King | 83 years | Jan 1994 | - | Director | |
| Miss Linda King | England | 53 years | Jan 2011 | - | Director |
P&L
January 2024turnover
758.2k
-10%
operating profit
-16.1k
0%
gross margin
21.1%
+3.83%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2024net assets
267.3k
-0.06%
total assets
292.5k
-0.16%
cash
0
0%
net assets
Total assets minus all liabilities
michael king's limited company details
company number
02892922
Type
Private limited with Share Capital
industry
32990 - Other manufacturing n.e.c.
incorporation date
January 1994
age
30
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
January 2024
previous names
N/A
accountant
-
auditor
-
address
autumn leaves whitley lane, walton, street, somerset, BA16 9RW
Bank
LLOYDS TSB BANK PLC
Legal Advisor
-
michael king's 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 did not find charges/mortgages relating to michael king's limited.
michael king's 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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michael king's limited Companies House Filings - See Documents
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