kingspan light + air (uk & ireland) limited

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kingspan light + air (uk & ireland) limited Company Information

Share KINGSPAN LIGHT + AIR (UK & IRELAND) LIMITED

Company Number

02940609

Shareholders

kingspan holding netherlands bv

Group Structure

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Industry

Specialised construction activities (other than scaffold erection) n.e.c.

 +1

Registered Address

unit 7 ground floor, block b , ridgeway office park,, petersfield, hampshire, GU32 3QF

kingspan light + air (uk & ireland) limited Estimated Valuation

£5.3m

Pomanda estimates the enterprise value of KINGSPAN LIGHT + AIR (UK & IRELAND) LIMITED at £5.3m based on a Turnover of £8.4m and 0.63x industry multiple (adjusted for size and gross margin).

kingspan light + air (uk & ireland) limited Estimated Valuation

£2m

Pomanda estimates the enterprise value of KINGSPAN LIGHT + AIR (UK & IRELAND) LIMITED at £2m based on an EBITDA of £361k and a 5.5x industry multiple (adjusted for size and gross margin).

kingspan light + air (uk & ireland) limited Estimated Valuation

£7.4m

Pomanda estimates the enterprise value of KINGSPAN LIGHT + AIR (UK & IRELAND) LIMITED at £7.4m based on Net Assets of £3.1m and 2.39x industry multiple (adjusted for liquidity).

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Kingspan Light + Air (uk & Ireland) Limited Overview

Kingspan Light + Air (uk & Ireland) Limited is a live company located in petersfield, GU32 3QF with a Companies House number of 02940609. It operates in the other specialised construction activities n.e.c. sector, SIC Code 43999. Founded in June 1994, it's largest shareholder is kingspan holding netherlands bv with a 100% stake. Kingspan Light + Air (uk & Ireland) Limited is a mature, mid sized company, Pomanda has estimated its turnover at £8.4m with declining growth in recent years.

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Kingspan Light + Air (uk & Ireland) Limited Health Check

Pomanda's financial health check has awarded Kingspan Light + Air (Uk & Ireland) 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 Check Image
Health Rating4.5out of 5
positive_score

6 Strong

positive_score

2 Regular

positive_score

4 Weak

size

Size

annual sales of £8.4m, make it larger than the average company (£6.9m)

£8.4m - Kingspan Light + Air (uk & Ireland) Limited

£6.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (8.8%)

-3% - Kingspan Light + Air (uk & Ireland) Limited

8.8% - Industry AVG

production

Production

with a gross margin of 42.6%, this company has a lower cost of product (28.7%)

42.6% - Kingspan Light + Air (uk & Ireland) Limited

28.7% - Industry AVG

profitability

Profitability

an operating margin of 4.2% make it less profitable than the average company (5.9%)

4.2% - Kingspan Light + Air (uk & Ireland) Limited

5.9% - Industry AVG

employees

Employees

with 67 employees, this is above the industry average (36)

67 - Kingspan Light + Air (uk & Ireland) Limited

36 - Industry AVG

paystructure

Pay Structure

on an average salary of £48.6k, the company has an equivalent pay structure (£54k)

£48.6k - Kingspan Light + Air (uk & Ireland) Limited

£54k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £125.5k, this is less efficient (£169.7k)

£125.5k - Kingspan Light + Air (uk & Ireland) Limited

£169.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 56 days, this is near the average (61 days)

56 days - Kingspan Light + Air (uk & Ireland) Limited

61 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 28 days, this is quicker than average (32 days)

28 days - Kingspan Light + Air (uk & Ireland) Limited

32 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 3 days, this is less than average (26 days)

3 days - Kingspan Light + Air (uk & Ireland) Limited

26 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 72 weeks, this is more cash available to meet short term requirements (19 weeks)

72 weeks - Kingspan Light + Air (uk & Ireland) Limited

19 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 52.4%, this is a lower level of debt than the average (59.2%)

52.4% - Kingspan Light + Air (uk & Ireland) Limited

59.2% - Industry AVG

KINGSPAN LIGHT + AIR (UK & IRELAND) LIMITED financials

EXPORTms excel logo

Kingspan Light + Air (Uk & Ireland) Limited's latest turnover from December 2023 is £8.4 million and the company has net assets of £3.1 million. According to their latest financial statements, Kingspan Light + Air (Uk & Ireland) Limited has 67 employees and maintains cash reserves of £3.8 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover8,410,2727,362,0598,514,5259,297,5848,358,8868,384,7698,025,7586,936,0006,169,7977,369,9988,744,3636,884,8965,849,2355,336,5106,141,436
Other Income Or Grants000000000000000
Cost Of Sales4,827,6705,066,3374,822,4015,367,2175,048,3695,253,6634,865,3213,842,0003,224,2544,485,4995,485,4614,209,6743,589,3382,961,4223,338,107
Gross Profit3,582,6022,295,7223,692,1243,930,3673,310,5173,131,1063,160,4373,094,0002,945,5432,884,4993,258,9022,675,2222,259,8972,375,0882,803,329
Admin Expenses3,230,2363,047,7413,652,3683,371,5683,974,3182,938,0222,611,3052,295,0002,322,0112,216,6002,406,9352,486,1532,257,0022,245,4142,013,356
Operating Profit352,366-752,01939,756558,799-663,801193,084549,132799,000623,532667,899851,967189,0692,895129,674789,973
Interest Payable12,7867,1648,35215,12921,54702,3372,0009521,5663,8585,8631,4022301,983
Interest Receivable0002114,5541,250014,000114,0291,81904,16628,03826,375
Pre-Tax Profit339,580-759,18331,404543,881-680,794194,334546,795797,000622,591670,362849,928183,2065,659157,482814,365
Tax-84,30190,13228,7952,578-90,8816,650-107,868-159,000-125,012-144,204-184,164-48,834-10,824-48,097-230,793
Profit After Tax255,279-669,05160,199546,459-771,675200,984438,927638,000497,579526,158665,764134,372-5,165109,385583,572
Dividends Paid000000000600,000002,621,80700
Retained Profit255,279-669,05160,199546,459-771,675200,984438,927638,000497,579-73,842665,764134,372-2,626,972109,385583,572
Employee Costs3,258,1443,206,2834,177,6864,587,7214,024,7003,334,3303,286,2772,858,0002,412,8822,260,6432,343,8262,350,3582,199,8342,044,1881,802,421
Number Of Employees676672819690726457525654545458
EBITDA*360,984-643,599457,760968,740-313,254287,909617,822856,000656,431677,777861,725202,20616,562148,038811,471

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets017,873405,972777,4551,095,837205,657137,503155,000164,715149,83012,01215,84720,64225,11434,538
Intangible Assets457,099444,0530000000000000
Investments & Other62,468146,76956,63714,35200000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets519,567608,695462,609791,8071,095,837205,657137,503155,000164,715149,83012,01215,84720,64225,11434,538
Stock & work in progress43,63712,04091,04467,751108,193158,334137,048137,000133,631102,427119,84592,55491,68785,224300
Trade Debtors1,294,8331,661,0232,742,4461,827,5151,648,8951,713,5202,856,0952,381,0002,105,4441,906,2751,853,3301,947,7851,674,0111,396,4281,593,407
Group Debtors269,635110,57147,47274,52589,775250,108215,755216,000202,359246,999438,12404,1662,829,5662,829,546
Misc Debtors534,167696,6541,050,563912,200287,198556,48740,53160,00066,67438,126123,90777,15084,91952,56054,469
Cash3,832,4923,429,4902,332,8962,620,3612,342,1092,457,6721,307,0711,141,000660,009582,0771,265,869681,429352,324475,916927,589
misc current assets00000003,0000000000
total current assets5,974,7645,909,7786,264,4215,502,3524,476,1705,136,1214,556,5003,938,0003,168,1172,875,9043,801,0752,798,9182,207,1074,839,6945,405,311
total assets6,494,3316,518,4736,727,0306,294,1595,572,0075,341,7784,694,0034,093,0003,332,8323,025,7343,813,0872,814,7652,227,7494,864,8085,439,849
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 372,824316,836304,391284,311282,088699,634638,893425,000506,550487,217855,504746,078581,816342,566569,711
Group/Directors Accounts1,107,1601,399,4231,460,233794,790973,025400,29281,197112,00050,39567,448311,16189,629121,8087,64976,495
other short term finances000000000000000
hp & lease commitments210,608192,69293,646275,095283,3311,3901,3902,0000000000
other current liabilities1,074,2121,285,0601,194,6171,310,008747,795575,930543,596563,000428,287621,048722,559720,959400,398556,035944,568
total current liabilities2,764,8043,194,0113,052,8872,664,2042,286,2391,677,2461,265,0761,102,000985,2321,175,7131,889,2241,556,6661,104,022906,2501,590,774
loans0000000000000207,859207,859
hp & lease commitments251,981243,577113,819173,114431,2722,4613,8405,0000000000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions385,079243,69754,08551,447036,000000000000
total long term liabilities637,060487,274167,904224,561431,27238,4613,8405,00000000207,859207,859
total liabilities3,401,8643,681,2853,220,7912,888,7652,717,5111,715,7071,268,9161,107,000985,2321,175,7131,889,2241,556,6661,104,0221,114,1091,798,633
net assets3,092,4672,837,1883,506,2393,405,3942,854,4963,626,0713,425,0872,986,0002,347,6001,850,0211,923,8631,258,0991,123,7273,750,6993,641,216
total shareholders funds3,092,4672,837,1883,506,2393,405,3942,854,4963,626,0713,425,0872,986,0002,347,6001,850,0211,923,8631,258,0991,123,7273,750,6993,641,216
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit352,366-752,01939,756558,799-663,801193,084549,132799,000623,532667,899851,967189,0692,895129,674789,973
Depreciation8,618108,420418,004409,941350,54794,82568,69057,00032,8999,8789,75813,13713,66718,36421,498
Amortisation000000000000000
Tax-84,30190,13228,7952,578-90,8816,650-107,868-159,000-125,012-144,204-184,164-48,834-10,824-48,097-230,793
Stock31,597-79,00423,293-40,442-50,14121,286483,36931,204-17,41827,2918676,46384,924300
Debtors-369,613-1,372,2331,026,241788,372-494,247-592,266455,381282,523183,077-223,961390,426261,839-2,515,458-198,8684,477,422
Creditors55,98812,44520,0802,223-417,54660,741213,893-81,55019,333-368,287109,426164,262239,250-227,145569,711
Accruals and Deferred Income-210,84890,443-115,391562,213171,86532,334-19,404134,713-192,761-101,5111,600320,561-155,637-388,533944,568
Deferred Taxes & Provisions141,382189,6122,63851,447-36,00036,000000000000
Cash flow from operations601,2211,190,270-655,652839,271-141,428994,614249,014464,271143,710305,154370,870375,4892,598,346-401,793-2,382,765
Investing Activities
capital expenditure-3,791-164,374-46,521-91,559-1,240,727-162,979-51,193-47,285-47,784-147,696-5,923-8,342-9,195-8,940-56,036
Change in Investments-84,30190,13242,28514,35200000000000
cash flow from investments80,510-254,506-88,806-105,911-1,240,727-162,979-51,193-47,285-47,784-147,696-5,923-8,342-9,195-8,940-56,036
Financing Activities
Bank loans000000000000000
Group/Directors Accounts-292,263-60,810665,443-178,235572,733319,095-30,80361,605-17,053-243,713221,532-32,179114,159-68,84676,495
Other Short Term Loans 000000000000000
Long term loans000000000000-207,8590207,859
Hire Purchase and Lease Commitments26,320228,804-240,744-266,394710,752-1,379-1,7707,0000000000
other long term liabilities000000000000000
share issue0040,6464,439100016040000000983,057,644
interest-12,786-7,164-8,352-14,918-16,9931,250-2,33712,000-9412,463-2,039-5,8632,76427,80824,392
cash flow from financing-278,729160,830456,993-455,1081,266,592318,966-34,75081,005-17,994-241,250219,493-38,042-90,936-40,9403,366,390
cash and cash equivalents
cash403,0021,096,594-287,465278,252-115,5631,150,601166,071480,99177,932-683,792584,440329,105-123,592-451,673927,589
overdraft000000000000000
change in cash403,0021,096,594-287,465278,252-115,5631,150,601166,071480,99177,932-683,792584,440329,105-123,592-451,673927,589

kingspan light + air (uk & ireland) limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Kingspan Light + Air (uk & Ireland) Limited Competitor Analysis

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Perform a competitor analysis for kingspan light + air (uk & ireland) limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other mid companies, companies in GU32 area or any other competitors across 12 key performance metrics.

kingspan light + air (uk & ireland) limited Ownership

KINGSPAN LIGHT + AIR (UK & IRELAND) LIMITED group structure

Kingspan Light + Air (Uk & Ireland) Limited has no subsidiary companies.

Ultimate parent company

KINGSPAN GROUP PUBLIC LIMITED COMPANY

IE070576

KINGSPAN HOLDING NETHERLANDS BV

#0064768

2 parents

KINGSPAN LIGHT + AIR (UK & IRELAND) LIMITED

02940609

KINGSPAN LIGHT + AIR (UK & IRELAND) LIMITED Shareholders

kingspan holding netherlands bv 100%

kingspan light + air (uk & ireland) limited directors

Kingspan Light + Air (Uk & Ireland) Limited currently has 8 directors. The longest serving directors include Mr Liam McDaniel (Jan 2018) and Mr Garrett Crowe (Jun 2019).

officercountryagestartendrole
Mr Liam McDaniel52 years Jan 2018- Director
Mr Garrett CroweEngland57 years Jun 2019- Director
Mr Nicholas Buckingham64 years Jun 2021- Director
Ms Donna ClarkEngland52 years Jun 2021- Director
Mr Raoul RothEngland58 years Apr 2022- Director
Mr Raoul RothEngland58 years Apr 2022- Director
Mr Michael KennedyEngland40 years Jan 2023- Director
Mr Matthew HicksEngland54 years Aug 2023- Director

P&L

December 2023

turnover

8.4m

+14%

operating profit

352.4k

-147%

gross margin

42.6%

+36.61%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

3.1m

+0.09%

total assets

6.5m

0%

cash

3.8m

+0.12%

net assets

Total assets minus all liabilities

kingspan light + air (uk & ireland) limited company details

company number

02940609

Type

Private limited with Share Capital

industry

43999 - Specialised construction activities (other than scaffold erection) n.e.c.

71129 - Other engineering activities (not including engineering design for industrial process and production or engineering related scientific and technical consulting activities)

incorporation date

June 1994

age

31

incorporated

UK

ultimate parent company

KINGSPAN GROUP PUBLIC LIMITED COMPANY

accounts

Full Accounts

last accounts submitted

December 2023

previous names

brakel airvent ltd (February 2019)

airvent systems (services) limited (May 2016)

accountant

-

auditor

ERNST & YOUNG

address

unit 7 ground floor, block b , ridgeway office park,, petersfield, hampshire, GU32 3QF

Bank

NATIONAL WESTMINSTER BANK PLC

Legal Advisor

EVERSHEDS SUTHERLAND

kingspan light + air (uk & ireland) 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 3 charges/mortgages relating to kingspan light + air (uk & ireland) limited. Currently there are 0 open charges and 3 have been satisfied in the past.

kingspan light + air (uk & ireland) 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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kingspan light + air (uk & ireland) limited Companies House Filings - See Documents

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