kee safety logistics limited Company Information
Group Structure
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Industry
Manufacture of metal structures and parts of structures
Registered Address
unit a2 cradley business park, overend road, cradley heath, west midlands, B64 7DW
Website
www.keesafety.comkee safety logistics limited Estimated Valuation
Pomanda estimates the enterprise value of KEE SAFETY LOGISTICS LIMITED at £31.2m based on a Turnover of £28m and 1.11x industry multiple (adjusted for size and gross margin).
kee safety logistics limited Estimated Valuation
Pomanda estimates the enterprise value of KEE SAFETY LOGISTICS LIMITED at £57.9m based on an EBITDA of £6.8m and a 8.57x industry multiple (adjusted for size and gross margin).
kee safety logistics limited Estimated Valuation
Pomanda estimates the enterprise value of KEE SAFETY LOGISTICS LIMITED at £104.2m based on Net Assets of £51.9m and 2.01x industry multiple (adjusted for liquidity).
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Kee Safety Logistics Limited Overview
Kee Safety Logistics Limited is a live company located in cradley heath, B64 7DW with a Companies House number of 03182749. It operates in the manufacture of metal structures and parts of structures sector, SIC Code 25110. Founded in April 1996, it's largest shareholder is kig ltd with a 100% stake. Kee Safety Logistics Limited is a mature, large sized company, Pomanda has estimated its turnover at £28m with healthy growth in recent years.
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Kee Safety Logistics Limited Health Check
Pomanda's financial health check has awarded Kee Safety Logistics Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
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6 Strong
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2 Regular
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3 Weak
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Size
annual sales of £28m, make it larger than the average company (£14.2m)
£28m - Kee Safety Logistics Limited
£14.2m - Industry AVG
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Growth
3 year (CAGR) sales growth of 12%, show it is growing at a similar rate (11.8%)
12% - Kee Safety Logistics Limited
11.8% - Industry AVG
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Production
with a gross margin of 44.3%, this company has a lower cost of product (25.4%)
44.3% - Kee Safety Logistics Limited
25.4% - Industry AVG
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Profitability
an operating margin of 23.2% make it more profitable than the average company (6.7%)
23.2% - Kee Safety Logistics Limited
6.7% - Industry AVG
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Employees
with 72 employees, this is similar to the industry average (79)
72 - Kee Safety Logistics Limited
79 - Industry AVG
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Pay Structure
on an average salary of £29.6k, the company has a lower pay structure (£43.1k)
£29.6k - Kee Safety Logistics Limited
£43.1k - Industry AVG
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Efficiency
resulting in sales per employee of £388.3k, this is more efficient (£180.5k)
£388.3k - Kee Safety Logistics Limited
£180.5k - Industry AVG
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Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Kee Safety Logistics Limited
- - Industry AVG
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Creditor Days
its suppliers are paid after 23 days, this is quicker than average (50 days)
23 days - Kee Safety Logistics Limited
50 days - Industry AVG
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Stock Days
it holds stock equivalent to 178 days, this is more than average (40 days)
178 days - Kee Safety Logistics Limited
40 days - Industry AVG
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Cash Balance
has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (13 weeks)
4 weeks - Kee Safety Logistics Limited
13 weeks - Industry AVG
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Debt Level
it has a ratio of liabilities to total assets of 32.1%, this is a lower level of debt than the average (54.2%)
32.1% - Kee Safety Logistics Limited
54.2% - Industry AVG
KEE SAFETY LOGISTICS LIMITED financials
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Kee Safety Logistics Limited's latest turnover from December 2023 is £28 million and the company has net assets of £51.9 million. According to their latest financial statements, Kee Safety Logistics Limited has 72 employees and maintains cash reserves of £2 million 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 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 27,961,000 | 27,479,000 | 23,553,000 | 19,890,000 | 21,703,000 | 20,594,000 | 18,832,000 | 16,407,000 | 13,478,000 | 13,681,000 | 13,027,000 | 11,578,000 | 12,215,000 | 10,784,000 | 9,236,000 |
Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cost Of Sales | 15,572,000 | 14,579,000 | 11,884,000 | 10,295,000 | 11,516,000 | 10,736,000 | 9,852,000 | 8,524,000 | 6,669,000 | 6,368,000 | 6,160,000 | 5,810,000 | 6,667,000 | 5,527,000 | 4,892,000 |
Gross Profit | 12,389,000 | 12,900,000 | 11,669,000 | 9,595,000 | 10,187,000 | 9,858,000 | 8,980,000 | 7,883,000 | 6,809,000 | 7,313,000 | 6,867,000 | 5,768,000 | 5,548,000 | 5,257,000 | 4,344,000 |
Admin Expenses | 5,899,000 | 5,427,000 | 4,883,000 | 3,933,000 | 4,144,000 | 3,896,000 | 3,746,000 | 2,631,000 | 2,763,000 | 2,780,000 | 2,790,000 | 2,510,000 | 2,606,000 | 2,336,000 | 2,416,000 |
Operating Profit | 6,490,000 | 7,473,000 | 6,786,000 | 5,662,000 | 6,043,000 | 5,962,000 | 5,234,000 | 5,252,000 | 4,046,000 | 4,533,000 | 4,077,000 | 3,258,000 | 2,942,000 | 2,921,000 | 1,928,000 |
Interest Payable | 43,000 | 21,000 | 18,000 | 16,000 | 36,000 | 40,000 | 11,000 | 12,000 | 12,000 | 5,000 | 5,000 | 6,000 | 6,000 | 2,000 | 3,000 |
Interest Receivable | 4,625,000 | 2,360,000 | 1,301,000 | 1,000,000 | 799,000 | 491,000 | 195,000 | 441,000 | 816,000 | 565,000 | 312,000 | 216,000 | 133,000 | 50,000 | 17,000 |
Pre-Tax Profit | 11,072,000 | 9,812,000 | 8,069,000 | 6,646,000 | 6,806,000 | 6,413,000 | 5,418,000 | 5,681,000 | 4,850,000 | 5,093,000 | 4,384,000 | 3,468,000 | 3,069,000 | 2,969,000 | 1,942,000 |
Tax | -2,435,000 | -749,000 | -1,681,000 | -1,172,000 | -962,000 | -266,000 | -197,000 | -85,000 | 705,000 | -1,021,000 | -846,000 | -588,000 | -821,000 | -827,000 | -545,000 |
Profit After Tax | 8,637,000 | 9,063,000 | 6,388,000 | 5,474,000 | 5,844,000 | 6,147,000 | 5,221,000 | 5,596,000 | 5,555,000 | 4,072,000 | 3,538,000 | 2,880,000 | 2,248,000 | 2,142,000 | 1,397,000 |
Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 22,900,000 | 0 | 0 | 0 | 0 | 0 | 0 | 1,000,000 |
Retained Profit | 8,637,000 | 9,063,000 | 6,388,000 | 5,474,000 | 5,844,000 | 6,147,000 | 5,221,000 | -17,304,000 | 5,555,000 | 4,072,000 | 3,538,000 | 2,880,000 | 2,248,000 | 2,142,000 | 397,000 |
Employee Costs | 2,130,000 | 1,956,000 | 1,764,000 | 1,558,000 | 1,455,000 | 1,557,000 | 1,617,000 | 1,464,000 | 1,343,000 | 1,392,000 | 1,467,000 | 1,246,000 | 1,287,000 | 1,150,000 | 1,193,000 |
Number Of Employees | 72 | 65 | 62 | 59 | 63 | 62 | 58 | 49 | 45 | 49 | 50 | 50 | 50 | 46 | 49 |
EBITDA* | 6,757,000 | 7,702,000 | 7,004,000 | 5,898,000 | 6,280,000 | 6,167,000 | 5,372,000 | 5,376,000 | 4,155,000 | 4,640,000 | 4,187,000 | 3,364,000 | 3,030,000 | 2,993,000 | 1,983,000 |
* 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 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 1,443,000 | 1,014,000 | 733,000 | 784,000 | 876,000 | 843,000 | 653,000 | 536,000 | 429,000 | 361,000 | 339,000 | 315,000 | 307,000 | 323,000 | 319,000 |
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 | 1,443,000 | 1,014,000 | 733,000 | 784,000 | 876,000 | 843,000 | 653,000 | 536,000 | 429,000 | 361,000 | 339,000 | 315,000 | 307,000 | 323,000 | 319,000 |
Stock & work in progress | 7,603,000 | 7,742,000 | 6,687,000 | 5,556,000 | 5,422,000 | 4,681,000 | 3,731,000 | 3,042,000 | 2,862,000 | 2,379,000 | 2,397,000 | 2,027,000 | 1,908,000 | 1,859,000 | 1,845,000 |
Trade Debtors | 0 | 0 | 7,325,000 | 0 | 0 | 5,048,000 | 4,560,000 | 4,324,000 | 78,000 | 0 | 0 | 8,320,000 | 0 | 0 | 0 |
Group Debtors | 64,758,000 | 50,657,000 | 31,257,000 | 30,119,000 | 24,140,000 | 11,514,000 | 6,059,000 | 846,000 | 22,025,000 | 16,203,000 | 11,600,000 | 0 | 5,187,000 | 4,290,000 | 650,000 |
Misc Debtors | 667,000 | 373,000 | 403,000 | 360,000 | 484,000 | 470,000 | 499,000 | 421,000 | 181,000 | 202,000 | 170,000 | 0 | 167,000 | 113,000 | 19,000 |
Cash | 2,010,000 | 364,000 | 1,055,000 | 1,210,000 | 447,000 | 914,000 | 312,000 | 468,000 | 368,000 | 1,221,000 | 262,000 | 48,000 | 2,000 | 87,000 | 500,000 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 75,038,000 | 59,136,000 | 46,727,000 | 37,245,000 | 30,493,000 | 22,627,000 | 15,161,000 | 9,101,000 | 25,514,000 | 20,005,000 | 14,429,000 | 10,395,000 | 7,264,000 | 6,349,000 | 3,014,000 |
total assets | 76,481,000 | 60,150,000 | 47,460,000 | 38,029,000 | 31,369,000 | 23,470,000 | 15,814,000 | 9,637,000 | 25,943,000 | 20,366,000 | 14,768,000 | 10,710,000 | 7,571,000 | 6,672,000 | 3,333,000 |
Bank overdraft | 0 | 0 | 1,492,000 | 1,289,000 | 268,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 15,000 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 1,018,000 | 1,232,000 | 157,000 | 399,000 | 598,000 | 598,000 | 0 | 3,029,000 | 524,000 | 281,000 | 388,000 | 1,721,000 | 145,000 | 1,530,000 | 905,000 |
Group/Directors Accounts | 17,702,000 | 12,945,000 | 9,686,000 | 8,131,000 | 6,581,000 | 5,075,000 | 3,912,000 | 0 | 1,653,000 | 1,711,000 | 1,149,000 | 0 | 30,000 | 22,000 | 15,000 |
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 | 5,679,000 | 2,729,000 | 2,170,000 | 630,000 | 1,816,000 | 1,557,000 | 1,829,000 | 1,757,000 | 1,617,000 | 1,780,000 | 703,000 | 0 | 1,264,000 | 1,263,000 | 693,000 |
total current liabilities | 24,399,000 | 16,906,000 | 13,505,000 | 10,449,000 | 9,263,000 | 7,230,000 | 5,741,000 | 4,786,000 | 3,794,000 | 3,772,000 | 2,240,000 | 1,721,000 | 1,454,000 | 2,815,000 | 1,613,000 |
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 | 0 |
provisions | 167,000 | 127,000 | 0 | 69,000 | 69,000 | 47,000 | 27,000 | 26,000 | 20,000 | 20,000 | 26,000 | 25,000 | 33,000 | 21,000 | 26,000 |
total long term liabilities | 167,000 | 127,000 | 0 | 69,000 | 69,000 | 47,000 | 27,000 | 26,000 | 20,000 | 20,000 | 26,000 | 25,000 | 33,000 | 21,000 | 26,000 |
total liabilities | 24,566,000 | 17,033,000 | 13,505,000 | 10,518,000 | 9,332,000 | 7,277,000 | 5,768,000 | 4,812,000 | 3,814,000 | 3,792,000 | 2,266,000 | 1,746,000 | 1,487,000 | 2,836,000 | 1,639,000 |
net assets | 51,915,000 | 43,117,000 | 33,955,000 | 27,511,000 | 22,037,000 | 16,193,000 | 10,046,000 | 4,825,000 | 22,129,000 | 16,574,000 | 12,502,000 | 8,964,000 | 6,084,000 | 3,836,000 | 1,694,000 |
total shareholders funds | 51,915,000 | 43,117,000 | 33,955,000 | 27,511,000 | 22,037,000 | 16,193,000 | 10,046,000 | 4,825,000 | 22,129,000 | 16,574,000 | 12,502,000 | 8,964,000 | 6,084,000 | 3,836,000 | 1,694,000 |
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | 6,490,000 | 7,473,000 | 6,786,000 | 5,662,000 | 6,043,000 | 5,962,000 | 5,234,000 | 5,252,000 | 4,046,000 | 4,533,000 | 4,077,000 | 3,258,000 | 2,942,000 | 2,921,000 | 1,928,000 |
Depreciation | 267,000 | 229,000 | 218,000 | 236,000 | 237,000 | 205,000 | 138,000 | 124,000 | 109,000 | 107,000 | 110,000 | 106,000 | 88,000 | 72,000 | 55,000 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | -2,435,000 | -749,000 | -1,681,000 | -1,172,000 | -962,000 | -266,000 | -197,000 | -85,000 | 705,000 | -1,021,000 | -846,000 | -588,000 | -821,000 | -827,000 | -545,000 |
Stock | -139,000 | 1,055,000 | 1,131,000 | 134,000 | 741,000 | 950,000 | 689,000 | 180,000 | 483,000 | -18,000 | 370,000 | 119,000 | 49,000 | 14,000 | 1,845,000 |
Debtors | 14,395,000 | 12,045,000 | 8,506,000 | 5,855,000 | 7,592,000 | 5,914,000 | 5,527,000 | -16,693,000 | 5,879,000 | 4,635,000 | 3,450,000 | 2,966,000 | 951,000 | 3,734,000 | 669,000 |
Creditors | -214,000 | 1,075,000 | -242,000 | -199,000 | 0 | 598,000 | -3,029,000 | 2,505,000 | 243,000 | -107,000 | -1,333,000 | 1,576,000 | -1,385,000 | 625,000 | 905,000 |
Accruals and Deferred Income | 2,950,000 | 559,000 | 1,540,000 | -1,186,000 | 259,000 | -272,000 | 72,000 | 140,000 | -163,000 | 1,077,000 | 703,000 | -1,264,000 | 1,000 | 570,000 | 693,000 |
Deferred Taxes & Provisions | 40,000 | 127,000 | -69,000 | 0 | 22,000 | 20,000 | 1,000 | 6,000 | 0 | -6,000 | 1,000 | -8,000 | 12,000 | -5,000 | 26,000 |
Cash flow from operations | -7,158,000 | -4,386,000 | -3,085,000 | -2,648,000 | -2,734,000 | -617,000 | -3,997,000 | 24,455,000 | -1,422,000 | -34,000 | -1,108,000 | -5,000 | -163,000 | -392,000 | 548,000 |
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 | 4,757,000 | 3,259,000 | 1,555,000 | 1,550,000 | 1,506,000 | 1,163,000 | 3,912,000 | -1,653,000 | -58,000 | 562,000 | 1,149,000 | -30,000 | 8,000 | 7,000 | 15,000 |
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 | 0 | 0 |
share issue | |||||||||||||||
interest | 4,582,000 | 2,339,000 | 1,283,000 | 984,000 | 763,000 | 451,000 | 184,000 | 429,000 | 804,000 | 560,000 | 307,000 | 210,000 | 127,000 | 48,000 | 14,000 |
cash flow from financing | 9,500,000 | 5,697,000 | 2,894,000 | 2,534,000 | 2,269,000 | 1,614,000 | 4,096,000 | -1,224,000 | 746,000 | 1,122,000 | 1,456,000 | 180,000 | 135,000 | 55,000 | 1,326,000 |
cash and cash equivalents | |||||||||||||||
cash | 1,646,000 | -691,000 | -155,000 | 763,000 | -467,000 | 602,000 | -156,000 | 100,000 | -853,000 | 959,000 | 214,000 | 46,000 | -85,000 | -413,000 | 500,000 |
overdraft | 0 | -1,492,000 | 203,000 | 1,021,000 | 268,000 | 0 | 0 | 0 | 0 | 0 | 0 | -15,000 | 15,000 | 0 | 0 |
change in cash | 1,646,000 | 801,000 | -358,000 | -258,000 | -735,000 | 602,000 | -156,000 | 100,000 | -853,000 | 959,000 | 214,000 | 61,000 | -100,000 | -413,000 | 500,000 |
kee safety logistics limited Credit Report and Business Information
Kee Safety Logistics Limited Competitor Analysis
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Perform a competitor analysis for kee safety logistics limited by selecting its closest rivals, whether from the MANUFACTURING sector, other large companies, companies in B64 area or any other competitors across 12 key performance metrics.
kee safety logistics limited Ownership
KEE SAFETY LOGISTICS LIMITED group structure
Kee Safety Logistics Limited has no subsidiary companies.
Ultimate parent company
GRAVITY INVESTMENT SARL
#0129567
2 parents
KEE SAFETY LOGISTICS LIMITED
03182749
kee safety logistics limited directors
Kee Safety Logistics Limited currently has 2 directors. The longest serving directors include Mr Christopher Milburn (Apr 2007) and Mr Neil Russ (Aug 2011).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Christopher Milburn | 58 years | Apr 2007 | - | Director | |
Mr Neil Russ | 52 years | Aug 2011 | - | Director |
P&L
December 2023turnover
28m
+2%
operating profit
6.5m
-13%
gross margin
44.4%
-5.62%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
51.9m
+0.2%
total assets
76.5m
+0.27%
cash
2m
+4.52%
net assets
Total assets minus all liabilities
kee safety logistics limited company details
company number
03182749
Type
Private limited with Share Capital
industry
25110 - Manufacture of metal structures and parts of structures
incorporation date
April 1996
age
29
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
December 2023
previous names
kig manufacturing limited (December 2007)
shelfco (no. 1179) limited (July 2001)
See moreaccountant
-
auditor
-
address
unit a2 cradley business park, overend road, cradley heath, west midlands, B64 7DW
Bank
LLOYDS TSB BANK PLC
Legal Advisor
-
kee safety logistics 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 23 charges/mortgages relating to kee safety logistics limited. Currently there are 5 open charges and 18 have been satisfied in the past.
kee safety logistics 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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kee safety logistics limited Companies House Filings - See Documents
date | description | view/download |
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