kee safety logistics limited
kee safety logistics limited Company Information
Company Number
03182749
Website
www.keesafety.comRegistered Address
unit a2 cradley business park, overend road, cradley heath, west midlands, B64 7DW
Industry
Manufacture of metal structures and parts of structures
Telephone
01384632390
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
kig ltd 100%
kee safety logistics limited Estimated Valuation
Pomanda estimates the enterprise value of KEE SAFETY LOGISTICS LIMITED at £34.7m based on a Turnover of £27.5m and 1.26x 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 £74.4m based on an EBITDA of £7.7m and a 9.66x 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 £91.2m based on Net Assets of £43.1m and 2.12x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Kee Safety Logistics Limited AI Business Plan
In just minutes, we combine Pomanda’s company and industry data with cutting edge Artificial Intelligence to build a comprehensive 27 section business plan. You then have 60 days to tailor the information, decide which sections to include or exclude, and add your own branding logos, images and color scheme to create your perfect plan.
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 £27.5m with healthy growth in recent years.
Upgrade for unlimited company reports & a free credit check
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 7 measures and has 3 areas for improvement. Company Health Check FAQs
7 Strong
1 Regular
3 Weak
Size
annual sales of £27.5m, make it larger than the average company (£13m)
£27.5m - Kee Safety Logistics Limited
£13m - Industry AVG
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a faster rate (5.7%)
8% - Kee Safety Logistics Limited
5.7% - Industry AVG
Production
with a gross margin of 46.9%, this company has a lower cost of product (24.1%)
46.9% - Kee Safety Logistics Limited
24.1% - Industry AVG
Profitability
an operating margin of 27.2% make it more profitable than the average company (5.6%)
27.2% - Kee Safety Logistics Limited
5.6% - Industry AVG
Employees
with 65 employees, this is similar to the industry average (76)
65 - Kee Safety Logistics Limited
76 - Industry AVG
Pay Structure
on an average salary of £30.1k, the company has a lower pay structure (£40.1k)
£30.1k - Kee Safety Logistics Limited
£40.1k - Industry AVG
Efficiency
resulting in sales per employee of £422.8k, this is more efficient (£161k)
£422.8k - Kee Safety Logistics Limited
£161k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Kee Safety Logistics Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 30 days, this is quicker than average (53 days)
30 days - Kee Safety Logistics Limited
53 days - Industry AVG
Stock Days
it holds stock equivalent to 193 days, this is more than average (43 days)
193 days - Kee Safety Logistics Limited
43 days - 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 - Kee Safety Logistics Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 28.3%, this is a lower level of debt than the average (56.1%)
28.3% - Kee Safety Logistics Limited
56.1% - Industry AVG
kee safety logistics limited Credit Report and Business Information
Kee Safety Logistics Limited Competitor Analysis
Perform a competitor analysis for kee safety logistics limited by selecting its closest rivals and benchmarking them against 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 | United Kingdom | 57 years | Apr 2007 | - | Director |
| Mr Neil Russ | England | 51 years | Aug 2011 | - | Director |
KEE SAFETY LOGISTICS LIMITED financials
Kee Safety Logistics Limited's latest turnover from December 2022 is £27.5 million and the company has net assets of £43.1 million. According to their latest financial statements, Kee Safety Logistics Limited has 65 employees and maintains cash reserves of £364 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| 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 | 27,479,000 | 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 |
| Cost Of Sales | 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 | 12,900,000 | 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 | 5,427,000 | 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 | 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 | 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 | 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 | 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 | -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 | 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 | 22,900,000 | 0 | 0 | 0 | 0 | 0 | 0 | 1,000,000 |
| Retained Profit | 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 | 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 | 65 | 62 | 59 | 63 | 62 | 58 | 49 | 45 | 49 | 50 | 50 | 50 | 46 | 49 |
| EBITDA* | 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 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 | 1,014,000 | 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 |
| Investments & Other | 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 |
| Total Fixed Assets | 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 | 7,742,000 | 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 | 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 | 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 | 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 | 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 |
| total current assets | 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 | 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 | 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 |
| Trade Creditors | 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 | 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 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 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 | 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 |
| hp & lease commitments | 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 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 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 | 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 | 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 | 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 | 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 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 | 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 | 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 |
| Tax | -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 | 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 | 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 | 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 | 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 | 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 | -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 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 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 |
| Long term loans | 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 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 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 | 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 | -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 | -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 | 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 |
P&L
December 2022turnover
27.5m
+17%
operating profit
7.5m
+10%
gross margin
47%
-5.25%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
43.1m
+0.27%
total assets
60.2m
+0.27%
cash
364k
-0.65%
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
28
accounts
Audit Exemption Subsidiary
ultimate parent company
previous names
kig manufacturing limited (December 2007)
shelfco (no. 1179) limited (July 2001)
See moreincorporated
UK
address
unit a2 cradley business park, overend road, cradley heath, west midlands, B64 7DW
last accounts submitted
December 2022
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 22 charges/mortgages relating to kee safety logistics limited. Currently there are 4 open charges and 18 have been satisfied in the past.
kee safety logistics limited Companies House Filings - See Documents
| date | description | view/download |
|---|
