Kingsway Solutions Limited

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SOLUTIONS

kingsway solutions limited Company Information

Dissolved

Company Number

03198173

Website

Registered Address

33 spicer place, bilton, rugby, warwickshire, CV22 7EA

Industry

Wholesale of chemical products

Telephone

01788812211

Next Accounts Due

October 2024

Group Structure

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Directors

Michael King28 Years

Shareholders

michael harold king 100%

kingsway solutions limited Estimated Valuation

£12.7k

Pomanda estimates the enterprise value of KINGSWAY SOLUTIONS LIMITED at £12.7k based on a Turnover of £47.5k and 0.27x industry multiple (adjusted for size and gross margin).

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Kingsway Solutions Limited is a dissolved company that was located in rugby, CV22 7EA with a Companies House number of 03198173. It operated in the wholesale of chemical products sector, SIC Code 46750. Founded in May 1996, it's largest shareholder was michael harold king with a 100% stake. The last turnover for Kingsway Solutions Limited was estimated at £47.5k.

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Pomanda's financial health check has awarded Kingsway Solutions Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs

Health Rating1out of 5

1 Strong

1 Regular

8 Weak

Size

annual sales of £47.5k, make it smaller than the average company (£17.8m)

Growth

3 year (CAGR) sales growth of -26%, show it is growing at a slower rate (6.5%)

EXPORT

Kingsway Solutions Limited's latest turnover from October 2020 is estimated at £47.5 thousand and the company has net assets of £31. According to their latest financial statements, we estimate that Kingsway Solutions Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Oct 2020	May 2019	May 2018	May 2017	May 2016	May 2015	May 2014	May 2013	May 2012	May 2011	May 2010
Turnover	47,516	80,320	132,648	117,482	53,261	50,261	46,157	48,823	54,419	47,753	32,595
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	42,816	72,871	119,576	103,328	47,239	45,051	41,699	43,991	49,034	42,613	28,831
Gross Profit	4,700	7,449	13,073	14,154	6,022	5,211	4,458	4,832	5,385	5,140	3,764
Admin Expenses	5,162	8,672	12,501	14,019	5,649	6,653	3,493	6,263	2,733	4,603	3,182
Operating Profit	-462	-1,223	572	135	373	-1,442	965	-1,431	2,652	537	582
Interest Payable	0	0	0	0	0	0	0	0	0	0	0
Interest Receivable	0	0	0	3	13	22	23	24	27	23	13
Pre-Tax Profit	-462	-1,223	572	138	386	-1,420	987	-1,407	2,679	559	596
Tax	0	0	-109	-26	-77	0	-207	0	-643	-145	-167
Profit After Tax	-462	-1,223	463	112	309	-1,420	780	-1,407	2,036	414	429
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	-462	-1,223	463	112	309	-1,420	780	-1,407	2,036	414	429
Employee Costs	54,111	55,850	50,816	49,727	50,095	48,464	46,294	46,018	46,053	46,813	44,403
Number Of Employees	1	1	1	1	1	1	1	1	1	1	1
EBITDA*	-462	-1,223	572	135	373	-1,442	965	-1,431	2,652	537	582

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Oct 2020	May 2019	May 2018	May 2017	May 2016	May 2015	May 2014	May 2013	May 2012	May 2011	May 2010
Tangible Assets	0	0	0	0	0	0	0	0	0	0	0
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0
Investments & Other	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
Total Fixed Assets	0	0	0	0	0	0	0	0	0	0	0
Stock & work in progress	0	0	0	0	750	750	750	1,250	1,250	1,000	1,000
Trade Debtors	9,350	16,789	17,087	17,004	13,676	12,169	10,061	12,195	11,908	10,917	7,356
Group Debtors	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	0	0	0	0	0	0	0	0	0	0	0
Cash	0	0	0	0	2,704	2,500	6,454	2,643	7,032	3,769	5,373
misc current assets	0	0	0	0	0	0	0	0	0	0	0
total current assets	9,350	16,789	17,087	17,004	17,130	15,419	17,265	16,088	20,190	15,686	13,729
total assets	9,350	16,789	17,087	17,004	17,130	15,419	17,265	16,088	20,190	15,686	13,729
Bank overdraft	0	0	0	0	0	0	0	0	0	0	0
Bank loan	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	9,319	16,296	15,371	15,751	15,889	14,487	14,913	14,516	17,211	14,743	13,200
Group/Directors Accounts	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
hp & lease commitments	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
total current liabilities	9,319	16,296	15,371	15,751	15,889	14,487	14,913	14,516	17,211	14,743	13,200
loans	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
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0
other liabilities	0	0	0	0	0	0	0	0	0	0	0
provisions	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
total liabilities	9,319	16,296	15,371	15,751	15,889	14,487	14,913	14,516	17,211	14,743	13,200
net assets	31	493	1,716	1,253	1,241	932	2,352	1,572	2,979	943	529
total shareholders funds	31	493	1,716	1,253	1,241	932	2,352	1,572	2,979	943	529

	Oct 2020	May 2019	May 2018	May 2017	May 2016	May 2015	May 2014	May 2013	May 2012	May 2011	May 2010
Operating Activities
Operating Profit	-462	-1,223	572	135	373	-1,442	965	-1,431	2,652	537	582
Depreciation	0	0	0	0	0	0	0	0	0	0	0
Amortisation	0	0	0	0	0	0	0	0	0	0	0
Tax	0	0	-109	-26	-77	0	-207	0	-643	-145	-167
Stock	0	0	0	-750	0	0	-500	0	250	0	1,000
Debtors	-7,439	-298	83	3,328	1,507	2,108	-2,134	287	991	3,561	7,356
Creditors	-6,977	925	-380	-138	1,402	-426	397	-2,695	2,468	1,543	13,200
Accruals and Deferred Income	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
Cash flow from operations	0	0	0	-2,607	191	-3,976	3,789	-4,413	3,236	-1,626	5,259
Investing Activities
capital expenditure	0	0	0	0	0	0	0	0	0	0	0
Change in Investments	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	0	0	0	0	0	0	0	0	0	0	0
Financing Activities
Bank loans	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
Other Short Term Loans	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
Hire Purchase and Lease Commitments	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
share issue	0	0	0	-100	0	0	0	0	0	0	100
interest	0	0	0	3	13	22	23	24	27	23	13
cash flow from financing	0	0	0	-97	13	22	23	24	27	23	113
cash and cash equivalents
cash	0	0	0	-2,704	204	-3,954	3,811	-4,389	3,263	-1,604	5,373
overdraft	0	0	0	0	0	0	0	0	0	0	0
change in cash	0	0	0	-2,704	204	-3,954	3,811	-4,389	3,263	-1,604	5,373

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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Perform a competitor analysis for kingsway solutions limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other undefined companies, companies in CV22 area or any other competitors across 12 key performance metrics.

KINGSWAY SOLUTIONS LIMITED group structure

Kingsway Solutions Limited has no subsidiary companies.

Ultimate parent company

KINGSWAY SOLUTIONS LIMITED

03198173

KINGSWAY SOLUTIONS LIMITED Shareholders

michael harold king

100%

Kingsway Solutions Limited currently has 1 director, Mr Michael King serving since May 1996.

officer	country	age	start	end	role
Mr Michael King		72 years	May 1996	-	Director

P&L

October 2020

turnover

47.5k

-41%

operating profit

-462

gross margin

9.9%

+6.65%

turnover

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

Balance Sheet

October 2020

net assets

-0.94%

total assets

9.4k

-0.44%

cash

net assets

Total assets minus all liabilities

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company number

03198173

Type

Private limited with Share Capital

industry

46750 - Wholesale of chemical products

incorporation date

May 1996

ultimate parent company

None

previous names

N/A

address

33 spicer place, bilton, rugby, warwickshire, CV22 7EA

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 kingsway solutions limited.

kingsway solutions limited Company Information

kingsway solutions limited Estimated Valuation

kingsway solutions limited Estimated Valuation

kingsway solutions limited Estimated Valuation

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