kingsfield computer products limited
kingsfield computer products limited Company Information
Company Number
03357539
Next Accounts
183 days late
Shareholders
gbm digital technologies group limited
Group Structure
View All
Industry
Wholesale of computers, computer peripheral equipment and software
Registered Address
unit 2.3-2.4, arbeta, northampton road, manchester, M40 5BP
kingsfield computer products limited Estimated Valuation
Pomanda estimates the enterprise value of KINGSFIELD COMPUTER PRODUCTS LIMITED at £5.4m based on a Turnover of £20.5m and 0.26x industry multiple (adjusted for size and gross margin).
kingsfield computer products limited Estimated Valuation
Pomanda estimates the enterprise value of KINGSFIELD COMPUTER PRODUCTS LIMITED at £561.9k based on an EBITDA of £166.6k and a 3.37x industry multiple (adjusted for size and gross margin).
kingsfield computer products limited Estimated Valuation
Pomanda estimates the enterprise value of KINGSFIELD COMPUTER PRODUCTS LIMITED at £1.9m based on Net Assets of £949.9k and 1.95x industry multiple (adjusted for liquidity).
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Kingsfield Computer Products Limited Overview
Kingsfield Computer Products Limited is a live company located in manchester, M40 5BP with a Companies House number of 03357539. It operates in the wholesale of computers, computer peripheral equipment and software sector, SIC Code 46510. Founded in April 1997, it's largest shareholder is gbm digital technologies group limited with a 100% stake. Kingsfield Computer Products Limited is a mature, large sized company, Pomanda has estimated its turnover at £20.5m with rapid growth in recent years.
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Kingsfield Computer Products Limited Health Check
Pomanda's financial health check has awarded Kingsfield Computer Products Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
5 Weak
Size
annual sales of £20.5m, make it in line with the average company (£18.8m)
£20.5m - Kingsfield Computer Products Limited
£18.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 81%, show it is growing at a faster rate (5.7%)
- Kingsfield Computer Products Limited
5.7% - Industry AVG
Production
with a gross margin of 5.3%, this company has a higher cost of product (18.9%)
5.3% - Kingsfield Computer Products Limited
18.9% - Industry AVG
Profitability
an operating margin of 0.7% make it less profitable than the average company (3.8%)
0.7% - Kingsfield Computer Products Limited
3.8% - Industry AVG
Employees
with 15 employees, this is below the industry average (43)
15 - Kingsfield Computer Products Limited
43 - Industry AVG
Pay Structure
on an average salary of £59.2k, the company has an equivalent pay structure (£59.2k)
- Kingsfield Computer Products Limited
£59.2k - Industry AVG
Efficiency
resulting in sales per employee of £1.4m, this is more efficient (£574.7k)
£1.4m - Kingsfield Computer Products Limited
£574.7k - Industry AVG
Debtor Days
it gets paid by customers after 19 days, this is earlier than average (52 days)
19 days - Kingsfield Computer Products Limited
52 days - Industry AVG
Creditor Days
its suppliers are paid after 11 days, this is quicker than average (33 days)
11 days - Kingsfield Computer Products Limited
33 days - Industry AVG
Stock Days
it holds stock equivalent to 0 days, this is less than average (26 days)
0 days - Kingsfield Computer Products Limited
26 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 9 weeks, this is less cash available to meet short term requirements (13 weeks)
9 weeks - Kingsfield Computer Products Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 61.9%, this is a similar level of debt than the average (66.3%)
61.9% - Kingsfield Computer Products Limited
66.3% - Industry AVG
KINGSFIELD COMPUTER PRODUCTS LIMITED financials
Kingsfield Computer Products Limited's latest turnover from December 2022 is £20.5 million and the company has net assets of £949.9 thousand. According to their latest financial statements, Kingsfield Computer Products Limited has 15 employees and maintains cash reserves of £275.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 20,465,682 | 6,198,840 | 5,929,054 | ||||||||||
| Other Income Or Grants | |||||||||||||
| Cost Of Sales | 19,377,176 | 5,437,498 | 5,187,151 | ||||||||||
| Gross Profit | 1,088,506 | 761,342 | 741,903 | ||||||||||
| Admin Expenses | 937,194 | 224,240 | 451,416 | ||||||||||
| Operating Profit | 151,312 | 537,102 | 290,487 | ||||||||||
| Interest Payable | 56 | 4,048 | 281 | ||||||||||
| Interest Receivable | 51 | ||||||||||||
| Pre-Tax Profit | 151,256 | 533,054 | 290,561 | ||||||||||
| Tax | -28,752 | -42,031 | -57,479 | ||||||||||
| Profit After Tax | 122,504 | 491,023 | 233,082 | ||||||||||
| Dividends Paid | 26,000 | 69,050 | |||||||||||
| Retained Profit | 122,504 | 465,023 | 164,032 | ||||||||||
| Employee Costs | |||||||||||||
| Number Of Employees | 15 | 15 | 18 | 20 | 13 | 10 | 8 | ||||||
| EBITDA* | 166,640 | 557,540 | 313,428 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 13,292 | 28,579 | 354,535 | 366,353 | 356,109 | 363,555 | 369,771 | 371,500 | 371,432 | 382,798 | 400,894 | 411,735 | 421,048 |
| Intangible Assets | 5,043 | ||||||||||||
| Investments & Other | 6,532 | 7,286 | 6,010 | 8,803 | 5,962 | 3,962 | 3,962 | 3,962 | 3,962 | 3,962 | 3,961 | ||
| Debtors (Due After 1 year) | |||||||||||||
| Total Fixed Assets | 18,335 | 28,579 | 361,067 | 373,639 | 362,119 | 372,358 | 375,733 | 375,462 | 375,394 | 386,760 | 404,856 | 415,697 | 425,009 |
| Stock & work in progress | 28,638 | 200 | 200 | 8,500 | 3,500 | 20,325 | 3,750 | 4,250 | 4,150 | 2,520 | 5,239 | 5,330 | 1,891 |
| Trade Debtors | 1,068,213 | 617,581 | 576,915 | 235,859 | 497,466 | 326,835 | 219,307 | 257,740 | 178,406 | 152,917 | 167,665 | 133,878 | 124,669 |
| Group Debtors | 690,000 | 640,000 | 284 | ||||||||||
| Misc Debtors | 414,754 | 2,347 | 6,054 | 11,893 | 6,295 | 4,986 | 6,430 | ||||||
| Cash | 275,427 | 215,151 | 449,984 | 6,962 | 5,788 | 8,705 | 30,023 | 14,457 | 18,836 | 17,090 | 4,995 | ||
| misc current assets | |||||||||||||
| total current assets | 2,477,032 | 1,475,279 | 1,033,153 | 263,214 | 513,049 | 360,851 | 259,794 | 276,447 | 201,392 | 172,527 | 172,904 | 144,203 | 126,560 |
| total assets | 2,495,367 | 1,503,858 | 1,394,220 | 636,853 | 875,168 | 733,209 | 635,527 | 651,909 | 576,786 | 559,287 | 577,760 | 559,900 | 551,569 |
| Bank overdraft | 33,156 | 92,371 | 65,036 | 200,513 | 112,657 | ||||||||
| Bank loan | |||||||||||||
| Trade Creditors | 614,920 | 505,666 | 571,323 | 242,540 | 332,063 | 205,460 | 184,439 | 420,605 | 319,581 | 297,426 | 302,815 | 244,256 | 230,648 |
| Group/Directors Accounts | 398,048 | 23,619 | |||||||||||
| other short term finances | |||||||||||||
| hp & lease commitments | |||||||||||||
| other current liabilities | 529,521 | 107,243 | 224,915 | 80,691 | 220,379 | 67,194 | 51,580 | ||||||
| total current liabilities | 1,542,489 | 669,684 | 796,238 | 415,602 | 617,478 | 473,167 | 348,676 | 420,605 | 319,581 | 297,426 | 302,815 | 244,256 | 230,648 |
| loans | 3,766 | 11,913 | 19,046 | 26,514 | |||||||||
| hp & lease commitments | |||||||||||||
| Accruals and Deferred Income | |||||||||||||
| other liabilities | 229,707 | 12,950 | 50,000 | 50,000 | 75,415 | 48,764 | 80,021 | 90,422 | 103,850 | 146,231 | 151,856 | ||
| provisions | 3,000 | 6,800 | 5,924 | 6,216 | 2,141 | 1,577 | |||||||
| total long term liabilities | 3,000 | 6,800 | 235,631 | 22,932 | 64,054 | 70,623 | 101,929 | 48,764 | 80,021 | 90,422 | 103,850 | 146,231 | 151,856 |
| total liabilities | 1,545,489 | 676,484 | 1,031,869 | 438,534 | 681,532 | 543,790 | 450,605 | 469,369 | 399,602 | 387,848 | 406,665 | 390,487 | 382,504 |
| net assets | 949,878 | 827,374 | 362,351 | 198,319 | 193,636 | 189,419 | 184,922 | 182,540 | 177,184 | 171,439 | 171,095 | 169,413 | 169,065 |
| total shareholders funds | 949,878 | 827,374 | 362,351 | 198,319 | 193,636 | 189,419 | 184,922 | 182,540 | 177,184 | 171,439 | 171,095 | 169,413 | 169,065 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | 151,312 | 537,102 | 290,487 | ||||||||||
| Depreciation | 15,286 | 20,438 | 22,941 | 22,400 | 13,320 | 12,685 | 11,011 | 11,511 | 11,703 | 18,630 | 11,814 | 13,712 | 22,030 |
| Amortisation | 42 | ||||||||||||
| Tax | -28,752 | -42,031 | -57,479 | ||||||||||
| Stock | 28,438 | -8,300 | 5,000 | -16,825 | 16,575 | -500 | 100 | 1,630 | -2,719 | -91 | 3,439 | 1,891 | |
| Debtors | 913,039 | 676,959 | 335,217 | -256,009 | 171,940 | 105,800 | -31,719 | 79,334 | 25,489 | -14,748 | 33,787 | 9,209 | 124,669 |
| Creditors | 109,254 | -65,657 | 328,783 | -89,523 | 126,603 | 21,021 | -236,166 | 101,024 | 22,155 | -5,389 | 58,559 | 13,608 | 230,648 |
| Accruals and Deferred Income | 422,278 | -117,672 | 144,224 | -139,688 | 153,185 | 15,614 | 51,580 | ||||||
| Deferred Taxes & Provisions | -3,800 | 876 | -292 | 4,075 | 564 | 1,577 | |||||||
| Cash flow from operations | -275,857 | -343,903 | 401,747 | ||||||||||
| Investing Activities | |||||||||||||
| capital expenditure | |||||||||||||
| Change in Investments | -6,532 | -754 | 1,276 | -2,793 | 2,841 | 2,000 | 1 | 3,961 | |||||
| cash flow from investments | |||||||||||||
| Financing Activities | |||||||||||||
| Bank loans | |||||||||||||
| Group/Directors Accounts | 374,429 | 23,619 | |||||||||||
| Other Short Term Loans | |||||||||||||
| Long term loans | -3,766 | -8,147 | -7,133 | -7,468 | 26,514 | ||||||||
| Hire Purchase and Lease Commitments | |||||||||||||
| other long term liabilities | -229,707 | 216,757 | -37,050 | -25,415 | 26,651 | -31,257 | -10,401 | -13,428 | -42,381 | -5,625 | 151,856 | ||
| share issue | |||||||||||||
| interest | -56 | -4,048 | -230 | ||||||||||
| cash flow from financing | 374,373 | -210,136 | 212,761 | ||||||||||
| cash and cash equivalents | |||||||||||||
| cash | 60,276 | -234,833 | 443,022 | 1,174 | -2,917 | -21,318 | 15,566 | -4,379 | 1,746 | 17,090 | -4,995 | 4,995 | |
| overdraft | -33,156 | 33,156 | -92,371 | 27,335 | -135,477 | 87,856 | 112,657 | ||||||
| change in cash | 93,432 | -267,989 | 535,393 | -26,161 | 132,560 | -109,174 | -97,091 | -4,379 | 1,746 | 17,090 | -4,995 | 4,995 |
kingsfield computer products limited Credit Report and Business Information
Kingsfield Computer Products Limited Competitor Analysis
Perform a competitor analysis for kingsfield computer products limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other large companies, companies in M40 area or any other competitors across 12 key performance metrics.
kingsfield computer products limited Ownership
KINGSFIELD COMPUTER PRODUCTS LIMITED group structure
Kingsfield Computer Products Limited has no subsidiary companies.
Ultimate parent company
2 parents
KINGSFIELD COMPUTER PRODUCTS LIMITED
03357539
kingsfield computer products limited directors
Kingsfield Computer Products Limited currently has 4 directors. The longest serving directors include Mr Alan Betts (Dec 2021) and Ms Lea-Ann McLean (Jan 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Alan Betts | England | 68 years | Dec 2021 | - | Director |
| Ms Lea-Ann McLean | United Kingdom | 57 years | Jan 2024 | - | Director |
| Mr Leon Hemani | England | 53 years | Jan 2024 | - | Director |
| Mr Antony Taylor | 60 years | Jan 2024 | - | Director |
P&L
December 2022turnover
20.5m
+230%
operating profit
151.3k
-72%
gross margin
5.4%
-56.7%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
949.9k
+0.15%
total assets
2.5m
+0.66%
cash
275.4k
+0.28%
net assets
Total assets minus all liabilities
kingsfield computer products limited company details
company number
03357539
Type
Private limited with Share Capital
industry
46510 - Wholesale of computers, computer peripheral equipment and software
incorporation date
April 1997
age
28
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2022
previous names
N/A
accountant
-
auditor
LANGTONS PROFESSIONAL SERVICES LIMITED
address
unit 2.3-2.4, arbeta, northampton road, manchester, M40 5BP
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
kingsfield computer products 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 9 charges/mortgages relating to kingsfield computer products limited. Currently there are 1 open charges and 8 have been satisfied in the past.
kingsfield computer products 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.
Click to start generating capital raising & share issue transactions for KINGSFIELD COMPUTER PRODUCTS LIMITED. This can take several minutes, an email will notify you when this has completed.
kingsfield computer products limited Companies House Filings - See Documents
| date | description | view/download |
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