Kinsman Estates Limited

POWER SEARCH PRICING

SOLUTIONS

kinsman estates limited Company Information

Live

MatureSmallDeclining

Company Number

03305727

Website

Registered Address

167 turners hill, cheshunt, herts, EN8 9BH

Industry

Renting and operating of Housing Association real estate

Telephone

Next Accounts Due

October 2024

Group Structure

View All

Directors

Erdal Mehmet27 Years

Shareholders

erdal mehmet 77%

zerah mehmet 17%

View All

kinsman estates limited Estimated Valuation

£9.7m

Pomanda estimates the enterprise value of KINSMAN ESTATES LIMITED at £9.7m based on a Turnover of £4.2m and 2.31x industry multiple (adjusted for size and gross margin).

Edit your figures and get a professional valuation report.

Kinsman Estates Limited is a live company located in herts, EN8 9BH with a Companies House number of 03305727. It operates in the renting and operating of housing association real estate sector, SIC Code 68201. Founded in January 1997, it's largest shareholder is erdal mehmet with a 77% stake. Kinsman Estates Limited is a mature, small sized company, Pomanda has estimated its turnover at £4.2m with declining growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Kinsman Estates Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs

Health Rating3.5out of 5

4 Strong

1 Regular

6 Weak

Size

annual sales of £4.2m, make it larger than the average company (£1.6m)

Growth

3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (2.4%)

EXPORT

Kinsman Estates Limited's latest turnover from January 2023 is estimated at £4.2 million and the company has net assets of £1.2 million. According to their latest financial statements, we estimate that Kinsman Estates Limited has 11 employees and maintains cash reserves of £14.6 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	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	4,211,597	2,496,304	4,426,754	4,541,650	8,369,860	1,081,223	330,128	31,882	32,254	26,316	16,919	15,040	16,874	25,853
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	3,619,734	1,821,967	3,171,208	3,339,543	6,490,531	762,934	225,490	24,331	25,198	19,115	12,941	9,813	13,138	13,806
Gross Profit	591,863	674,336	1,255,547	1,202,106	1,879,329	318,289	104,638	7,551	7,057	7,200	3,978	5,228	3,737	12,048
Admin Expenses	485,728	1,753,020	1,191,196	555,831	1,864,615	217,057	49,214	8,824	-28,858	-62,724	-66,541	-84,743	-78,955	-399,815
Operating Profit	106,135	-1,078,684	64,351	646,275	14,714	101,232	55,424	-1,273	35,915	69,924	70,519	89,971	82,692	411,863
Interest Payable	85,931	48,811	45,682	64,082	58,455	35,966	16,344	7,370	8,498	10,117	12,437	14,929	15,301	7,220
Interest Receivable	544	52	205	1,530	210	129	49	68	89	131	101	46	3	2
Pre-Tax Profit	20,748	-1,127,444	18,874	583,722	-43,532	65,395	39,129	-8,575	27,506	59,938	58,183	75,088	67,394	404,644
Tax	-3,942	0	-3,586	-110,907	0	-12,425	-7,826	0	-5,776	-13,786	-13,964	-19,523	-18,870	-113,300
Profit After Tax	16,806	-1,127,444	15,288	472,815	-43,532	52,970	31,303	-8,575	21,730	46,152	44,219	55,565	48,524	291,344
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	16,806	-1,127,444	15,288	472,815	-43,532	52,970	31,303	-8,575	21,730	46,152	44,219	55,565	48,524	291,344
Employee Costs	380,986	34,174	32,789	30,322	639,710	26,748	26,963	27,806	28,000	26,762	27,327	23,832	25,459	21,886
Number Of Employees	11	1	1	1	21	1	1	1	1	1	1	1	1	1
EBITDA*	106,259	-1,078,528	64,545	646,518	15,018	101,611	55,899	-1,190	35,995	70,048	70,674	90,165	82,934	412,166

* Earnings Before Interest, Tax, Depreciation and Amortisation

	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	1,585,497	1,585,621	1,062,448	723,008	800,902	1,216,477	1,216,856	800,022	800,105	800,185	800,309	800,464	800,658	800,900
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Investments & Other	3,750	3,750	3,750	3,750	3,750	3,750	3,750	3,750	60,080	60,080	58,957	58,957	58,957	58,957
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	1,589,247	1,589,371	1,066,198	726,758	804,652	1,220,227	1,220,606	803,772	860,185	860,265	859,266	859,421	859,615	859,857
Stock & work in progress	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Debtors	674,987	702,493	1,144,890	1,147,545	1,183,714	322,884	83,039	2,572	2,554	901	1,202	922	881	1,123
Group Debtors	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
Cash	14,589	16,494	24,709	385,696	22,178	33,705	17,969	20,859	6,428	29,323	23,042	17,532	670	669
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	689,576	718,987	1,169,599	1,533,241	1,205,892	356,589	101,008	23,431	8,982	30,224	24,244	18,454	1,551	1,792
total assets	2,278,823	2,308,358	2,235,797	2,259,999	2,010,544	1,576,816	1,321,614	827,203	869,167	890,489	883,510	877,875	861,166	861,649
Bank overdraft	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
Trade Creditors	138,257	155,340	322,303	151,575	116,250	99,910	122,978	75,427	67,624	70,314	69,954	69,814	70,736	166,661
Group/Directors Accounts	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
hp & lease commitments	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
total current liabilities	138,257	155,340	322,303	151,575	116,250	99,910	122,978	75,427	67,624	70,314	69,954	69,814	70,736	166,661
loans	889,907	919,165	642,791	854,989	1,043,738	688,274	418,376	104,626	122,154	139,311	171,979	210,703	248,637	222,157
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	21,428	21,428	232,900	230,920	300,856	195,400	239,998	138,191	161,855	185,060	191,925	191,925	191,925	171,487
provisions	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total long term liabilities	911,335	940,593	875,691	1,085,909	1,344,594	883,674	658,374	242,817	284,009	324,371	363,904	402,628	440,562	393,644
total liabilities	1,049,592	1,095,933	1,197,994	1,237,484	1,460,844	983,584	781,352	318,244	351,633	394,685	433,858	472,442	511,298	560,305
net assets	1,229,231	1,212,425	1,037,803	1,022,515	549,700	593,232	540,262	508,959	517,534	495,804	449,652	405,433	349,868	301,344
total shareholders funds	1,229,231	1,212,425	1,037,803	1,022,515	549,700	593,232	540,262	508,959	517,534	495,804	449,652	405,433	349,868	301,344

	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	106,135	-1,078,684	64,351	646,275	14,714	101,232	55,424	-1,273	35,915	69,924	70,519	89,971	82,692	411,863
Depreciation	124	156	194	243	304	379	475	83	80	124	155	194	242	303
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	-3,942	0	-3,586	-110,907	0	-12,425	-7,826	0	-5,776	-13,786	-13,964	-19,523	-18,870	-113,300
Stock	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Debtors	-27,506	-442,397	-2,655	-36,169	860,830	239,845	80,467	18	1,653	-301	280	41	-242	1,123
Creditors	-17,083	-166,963	170,728	35,325	16,340	-23,068	47,551	7,803	-2,690	360	140	-922	-95,925	166,661
Accruals and Deferred Income	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
Cash flow from operations	112,740	-803,094	234,342	607,105	-829,472	-173,727	15,157	6,595	25,876	56,923	56,570	69,679	-31,619	464,404
Investing Activities
capital expenditure	0	-523,329	-339,634	77,651	415,271	0	-417,309	0	0	0	0	0	0	-801,203
Change in Investments	0	0	0	0	0	0	0	-56,330	0	1,123	0	0	0	58,957
cash flow from investments	0	-523,329	-339,634	77,651	415,271	0	-417,309	56,330	0	-1,123	0	0	0	-860,160
Financing Activities
Bank loans	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
Other Short Term Loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long term loans	-29,258	276,374	-212,198	-188,749	355,464	269,898	313,750	-17,528	-17,157	-32,668	-38,724	-37,934	26,480	222,157
Hire Purchase and Lease Commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other long term liabilities	0	-211,472	1,980	-69,936	105,456	-44,598	101,807	-23,664	-23,205	-6,865	0	0	20,438	171,487
share issue	0	1,302,066	0	0	0	0	0	0	0	0	0	0	0	10,000
interest	-85,387	-48,759	-45,477	-62,552	-58,245	-35,837	-16,295	-7,302	-8,409	-9,986	-12,336	-14,883	-15,298	-7,218
cash flow from financing	-114,645	1,318,209	-255,695	-321,237	402,675	189,463	399,262	-48,494	-48,771	-49,519	-51,060	-52,817	31,620	396,426
cash and cash equivalents
cash	-1,905	-8,215	-360,987	363,518	-11,527	15,736	-2,890	14,431	-22,895	6,281	5,510	16,862	1	669
overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	-1,905	-8,215	-360,987	363,518	-11,527	15,736	-2,890	14,431	-22,895	6,281	5,510	16,862	1	669

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for kinsman estates limited. Get real-time insights into kinsman estates limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for kinsman estates limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in EN8 area or any other competitors across 12 key performance metrics.

KINSMAN ESTATES LIMITED group structure

Kinsman Estates Limited has no subsidiary companies.

Ultimate parent company

KINSMAN ESTATES LIMITED

03305727

KINSMAN ESTATES LIMITED Shareholders

erdal mehmet	77%
zerah mehmet	17%
siena mehmet	2%
oran mehmet	2%
arman mehmet	2%

Kinsman Estates Limited currently has 1 director, Mr Erdal Mehmet serving since Feb 1997.

officer	country	age	start	end	role
Mr Erdal Mehmet		63 years	Feb 1997	-	Director

P&L

January 2023

turnover

4.2m

+69%

operating profit

106.1k

gross margin

14.1%

-47.98%

turnover

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

Balance Sheet

January 2023

net assets

1.2m

+0.01%

total assets

2.3m

-0.01%

cash

14.6k

-0.12%

net assets

Total assets minus all liabilities

Similar Companies

ghaba developments limited

sw9 community housing

victory assets ltd

4.5

prabhjot investment limited

3.5

victoria park housing developments limited

1.5

company number

03305727

Type

Private limited with Share Capital

industry

68201 - Renting and operating of Housing Association real estate

incorporation date

January 1997

accounts

Unaudited Abridged

ultimate parent company

None

previous names

stonelink properties ltd (February 1997)

last accounts submitted

January 2023

address

167 turners hill, cheshunt, herts, EN8 9BH

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 10 charges/mortgages relating to kinsman estates limited. Currently there are 3 open charges and 7 have been satisfied in the past.

kinsman estates limited Company Information

kinsman estates limited Estimated Valuation

kinsman estates limited Estimated Valuation

kinsman estates limited Estimated Valuation

Kinsman Estates Limited Overview

Kinsman Estates Limited Health Check

KINSMAN ESTATES LIMITED financials

kinsman estates limited Credit Report and Business Information

Kinsman Estates Limited Competitor Analysis

kinsman estates limited Ownership

kinsman estates limited directors

kinsman estates limited company details

kinsman estates limited Charges & Mortgages

kinsman estates limited Companies House Filings - See Documents