kiely bros. limited
kiely bros. limited Company Information
Company Number
03487871
Next Accounts
Sep 2025
Directors
Shareholders
kiely bros holdings ltd
m.j. kiely
Group Structure
View All
Industry
Construction of roads and motorways
Registered Address
135 cherrywood road, bordesley green, birmingham, B9 4XE
Website
www.kielybros.co.ukkiely bros. limited Estimated Valuation
Pomanda estimates the enterprise value of KIELY BROS. LIMITED at £44.7m based on a Turnover of £88.4m and 0.51x industry multiple (adjusted for size and gross margin).
kiely bros. limited Estimated Valuation
Pomanda estimates the enterprise value of KIELY BROS. LIMITED at £28.1m based on an EBITDA of £3.5m and a 7.92x industry multiple (adjusted for size and gross margin).
kiely bros. limited Estimated Valuation
Pomanda estimates the enterprise value of KIELY BROS. LIMITED at £28.8m based on Net Assets of £15.2m and 1.9x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Kiely Bros. Limited Overview
Kiely Bros. Limited is a live company located in birmingham, B9 4XE with a Companies House number of 03487871. It operates in the construction of roads and motorways sector, SIC Code 42110. Founded in January 1998, it's largest shareholder is kiely bros holdings ltd with a 99% stake. Kiely Bros. Limited is a mature, large sized company, Pomanda has estimated its turnover at £88.4m with low growth in recent years.
Upgrade for unlimited company reports & a free credit check
Kiely Bros. Limited Health Check
Pomanda's financial health check has awarded Kiely Bros. Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
4 Weak
Size
annual sales of £88.4m, make it larger than the average company (£17.9m)
£88.4m - Kiely Bros. Limited
£17.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 3%, show it is growing at a slower rate (7.5%)
3% - Kiely Bros. Limited
7.5% - Industry AVG
Production
with a gross margin of 18%, this company has a comparable cost of product (18.3%)
18% - Kiely Bros. Limited
18.3% - Industry AVG
Profitability
an operating margin of 4% make it as profitable than the average company (4.6%)
4% - Kiely Bros. Limited
4.6% - Industry AVG
Employees
with 220 employees, this is above the industry average (60)
220 - Kiely Bros. Limited
60 - Industry AVG
Pay Structure
on an average salary of £55.4k, the company has an equivalent pay structure (£53.5k)
£55.4k - Kiely Bros. Limited
£53.5k - Industry AVG
Efficiency
resulting in sales per employee of £402k, this is more efficient (£250.5k)
£402k - Kiely Bros. Limited
£250.5k - Industry AVG
Debtor Days
it gets paid by customers after 14 days, this is earlier than average (44 days)
14 days - Kiely Bros. Limited
44 days - Industry AVG
Creditor Days
its suppliers are paid after 28 days, this is quicker than average (35 days)
28 days - Kiely Bros. Limited
35 days - Industry AVG
Stock Days
it holds stock equivalent to 7 days, this is more than average (5 days)
7 days - Kiely Bros. Limited
5 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (27 weeks)
0 weeks - Kiely Bros. Limited
27 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 42.7%, this is a lower level of debt than the average (65%)
42.7% - Kiely Bros. Limited
65% - Industry AVG
KIELY BROS. LIMITED financials
Kiely Bros. Limited's latest turnover from December 2023 is £88.4 million and the company has net assets of £15.2 million. According to their latest financial statements, Kiely Bros. Limited has 220 employees and maintains cash reserves of £18.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 88,446,907 | 88,688,083 | 73,988,143 | 80,011,644 | 75,531,708 | 66,747,620 | 64,616,863 | 65,241,912 | 56,528,840 | 51,729,897 | 53,862,568 | 58,100,759 | 52,340,305 | 36,318,616 | 37,393,948 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 72,493,003 | 75,326,345 | 64,341,381 | 66,186,610 | 60,874,095 | 52,011,048 | 48,117,005 | 51,540,870 | 47,293,431 | 43,711,557 | 47,251,379 | 51,142,666 | 46,163,893 | 32,535,354 | 32,775,836 |
| Gross Profit | 15,953,904 | 13,361,738 | 9,646,762 | 13,825,034 | 14,657,613 | 14,736,572 | 16,499,858 | 13,701,042 | 9,235,409 | 8,018,340 | 6,611,189 | 6,958,093 | 6,176,412 | 3,783,262 | 4,618,112 |
| Admin Expenses | 12,410,535 | 11,944,695 | 9,455,296 | 13,203,838 | 8,726,766 | 9,108,197 | 8,459,590 | 7,255,725 | 5,449,567 | 4,929,789 | 4,857,130 | 4,748,804 | 3,727,528 | 2,781,748 | 3,165,966 |
| Operating Profit | 3,543,369 | 1,417,043 | 191,466 | 621,196 | 5,930,847 | 5,628,375 | 8,040,268 | 6,445,317 | 3,785,842 | 3,088,551 | 1,754,059 | 2,209,289 | 2,448,884 | 1,001,514 | 1,452,146 |
| Interest Payable | 432,551 | 481,036 | 76,061 | 230,123 | 233,062 | 139,222 | 134,839 | 147,330 | 33 | 28 | 22 | 58 | 23,003 | 1,138 | 23,771 |
| Interest Receivable | 10,276 | 3,596 | 31 | 608 | 1,355 | 466 | 2,339 | 4,035 | 3,660 | 3,890 | 199 | 2,405 | 1,072 | 2,995 | |
| Pre-Tax Profit | 3,121,094 | 939,603 | 115,436 | 391,681 | 5,699,140 | 5,489,619 | 7,907,768 | 6,302,022 | 3,789,469 | 3,092,413 | 1,754,236 | 2,211,636 | 2,426,953 | 1,000,376 | 1,431,370 |
| Tax | -419,195 | 59,654 | -1,318 | -130,682 | -628,008 | -472,143 | -1,563,861 | -1,290,894 | -794,260 | -705,277 | -432,844 | -573,810 | -681,649 | -337,983 | -422,730 |
| Profit After Tax | 2,701,899 | 999,257 | 114,118 | 260,999 | 5,071,132 | 5,017,476 | 6,343,907 | 5,011,128 | 2,995,209 | 2,387,136 | 1,321,392 | 1,637,826 | 1,745,304 | 662,393 | 1,008,640 |
| Dividends Paid | 3,000,000 | 10,000,000 | 3,363,261 | 4,545,458 | 1,260,000 | 770,000 | |||||||||
| Retained Profit | 2,701,899 | 999,257 | -2,885,882 | -9,739,001 | 5,071,132 | 5,017,476 | 2,980,646 | 465,670 | 1,735,209 | 2,387,136 | 1,321,392 | 1,637,826 | 1,745,304 | 662,393 | 238,640 |
| Employee Costs | 12,195,681 | 19,280,002 | 14,340,147 | 16,512,538 | 11,915,930 | 10,253,477 | 9,404,839 | 8,710,517 | 7,390,880 | 6,678,007 | 7,058,459 | 7,078,075 | 6,921,311 | 5,652,206 | 7,089,723 |
| Number Of Employees | 220 | 400 | 328 | 328 | 343 | 318 | 290 | 276 | 252 | 238 | 265 | 278 | 243 | 201 | 190 |
| EBITDA* | 3,543,369 | 1,417,043 | 191,466 | 621,196 | 5,930,847 | 5,628,375 | 8,040,268 | 6,445,317 | 3,785,842 | 3,088,551 | 1,754,059 | 2,209,289 | 2,448,884 | 1,001,514 | 1,452,146 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | |||||||||||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | |||||||||||||||
| Stock & work in progress | 1,524,400 | 1,232,149 | 762,788 | ||||||||||||
| Trade Debtors | 3,567,182 | 4,825,418 | 2,377,135 | 2,886,100 | 8,830,417 | 12,501,692 | 10,532,858 | 10,251,640 | 8,810,345 | 12,207,147 | 10,241,173 | 14,398,803 | 8,212,900 | 8,164,157 | 2,889,643 |
| Group Debtors | 11,315,244 | 13,872,907 | 11,427,207 | 13,132,205 | 20,886,891 | 13,304,856 | 11,006,385 | 4,887,714 | 5,643,862 | 4,161,993 | 2,336,150 | 1,716,956 | 1,014,343 | 673,540 | 133,642 |
| Misc Debtors | 10,075,462 | 7,573,962 | 6,133,405 | 5,096,293 | 4,669,204 | 7,805,969 | 4,421,336 | 6,358,268 | 7,729,537 | 3,339,203 | 1,477,834 | 1,556,629 | 2,650,698 | 244,909 | 2,781,150 |
| Cash | 18,052 | 39,673 | 4,269,161 | 1,890,956 | 9,433,224 | 2,662,899 | 4,785,292 | 7,720,790 | 4,498,048 | 1,899,244 | 4,580,992 | 1,176,205 | 3,116,863 | 47,795 | 21,886 |
| misc current assets | |||||||||||||||
| total current assets | 26,500,340 | 27,544,109 | 24,969,696 | 23,005,554 | 43,819,736 | 36,275,416 | 30,745,871 | 29,218,412 | 26,681,792 | 21,607,587 | 18,636,149 | 18,848,593 | 14,994,804 | 9,130,401 | 5,826,321 |
| total assets | 26,500,340 | 27,544,109 | 24,969,696 | 23,005,554 | 43,819,736 | 36,275,416 | 30,745,871 | 29,218,412 | 26,681,792 | 21,607,587 | 18,636,149 | 18,848,593 | 14,994,804 | 9,130,401 | 5,826,321 |
| Bank overdraft | 193,269 | 788,566 | 1,851,907 | 899,690 | |||||||||||
| Bank loan | 2,837,281 | 3,000,000 | |||||||||||||
| Trade Creditors | 5,673,730 | 4,295,984 | 4,747,890 | 3,760,271 | 12,634,731 | 9,801,968 | 9,281,294 | 11,821,172 | 11,601,641 | 10,418,387 | 9,874,330 | 10,373,502 | 8,493,774 | 4,116,771 | 2,334,282 |
| Group/Directors Accounts | 124,122 | 126,915 | 119,173 | 278,828 | 571,225 | 465,374 | 497,774 | 527,574 | 202,400 | 42,528 | 27,413 | ||||
| other short term finances | 1,000,000 | 1,000,000 | 1,000,000 | 600,000 | 300,000 | 300,000 | 600,000 | 300,000 | |||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 2,962,676 | 3,210,719 | 1,506,434 | 3,002,479 | 4,910,803 | 4,776,229 | 5,452,434 | 4,335,943 | 4,309,698 | 2,356,356 | 2,316,111 | 3,350,774 | 3,014,541 | 1,378,010 | 1,486,144 |
| total current liabilities | 9,953,797 | 12,259,465 | 10,373,497 | 7,641,578 | 18,416,759 | 15,343,571 | 15,831,502 | 16,984,689 | 16,113,739 | 12,774,743 | 12,190,441 | 13,724,276 | 11,508,315 | 7,389,216 | 4,747,529 |
| loans | 1,367,293 | 2,807,293 | 3,118,105 | 1,000,000 | 1,300,000 | 1,900,000 | 900,000 | 1,200,000 | |||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | 1,367,293 | 2,807,293 | 3,118,105 | 1,000,000 | 1,300,000 | 1,900,000 | 900,000 | 1,200,000 | |||||||
| total liabilities | 11,321,090 | 15,066,758 | 13,491,602 | 8,641,578 | 19,716,759 | 17,243,571 | 16,731,502 | 18,184,689 | 16,113,739 | 12,774,743 | 12,190,441 | 13,724,276 | 11,508,315 | 7,389,216 | 4,747,529 |
| net assets | 15,179,250 | 12,477,351 | 11,478,094 | 14,363,976 | 24,102,977 | 19,031,845 | 14,014,369 | 11,033,723 | 10,568,053 | 8,832,844 | 6,445,708 | 5,124,317 | 3,486,489 | 1,741,185 | 1,078,792 |
| total shareholders funds | 15,179,250 | 12,477,351 | 11,478,094 | 14,363,976 | 24,102,977 | 19,031,845 | 14,014,369 | 11,033,723 | 10,568,053 | 8,832,844 | 6,445,708 | 5,124,317 | 3,486,489 | 1,741,185 | 1,078,792 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 3,543,369 | 1,417,043 | 191,466 | 621,196 | 5,930,847 | 5,628,375 | 8,040,268 | 6,445,317 | 3,785,842 | 3,088,551 | 1,754,059 | 2,209,289 | 2,448,884 | 1,001,514 | 1,452,146 |
| Depreciation | |||||||||||||||
| Amortisation | |||||||||||||||
| Tax | -419,195 | 59,654 | -1,318 | -130,682 | -628,008 | -472,143 | -1,563,861 | -1,290,894 | -794,260 | -705,277 | -432,844 | -573,810 | -681,649 | -337,983 | -422,730 |
| Stock | 292,251 | 469,361 | 762,788 | ||||||||||||
| Debtors | -1,314,399 | 6,334,540 | -1,176,851 | -13,271,914 | 773,995 | 7,651,938 | 4,462,957 | -686,122 | 2,475,401 | 5,653,186 | -3,617,231 | 5,794,447 | 2,795,335 | 3,278,171 | 5,804,435 |
| Creditors | 1,377,746 | -451,906 | 987,619 | -8,874,460 | 2,832,763 | 520,674 | -2,539,878 | 219,531 | 1,183,254 | 544,057 | -499,172 | 1,879,728 | 4,377,003 | 1,782,489 | 2,334,282 |
| Accruals and Deferred Income | -248,043 | 1,704,285 | -1,496,045 | -1,908,324 | 134,574 | -676,205 | 1,116,491 | 26,245 | 1,953,342 | 40,245 | -1,034,663 | 336,233 | 1,636,531 | -108,134 | 1,486,144 |
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | 5,276,025 | -4,074,825 | 95,785 | 2,979,644 | 7,496,181 | -2,651,237 | 590,063 | 6,086,321 | 3,652,777 | -2,685,610 | 3,404,611 | -1,943,007 | 4,985,434 | -940,285 | -954,593 |
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | -2,837,281 | -162,719 | 3,000,000 | ||||||||||||
| Group/Directors Accounts | -2,793 | 7,742 | -159,655 | -292,397 | 105,851 | -32,400 | -29,800 | 325,174 | 202,400 | -42,528 | 15,115 | 27,413 | |||
| Other Short Term Loans | 400,000 | 300,000 | -300,000 | 300,000 | 300,000 | ||||||||||
| Long term loans | -1,440,000 | -310,812 | 2,118,105 | -300,000 | -600,000 | 1,000,000 | -300,000 | 1,200,000 | |||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | -422,275 | -477,440 | -76,030 | -229,515 | -231,707 | -138,756 | -132,500 | -143,295 | 3,627 | 3,862 | 177 | 2,347 | -21,931 | -1,138 | -20,776 |
| cash flow from financing | -4,702,349 | -943,229 | 5,282,420 | -521,912 | -725,856 | 528,844 | -162,300 | 1,681,879 | 206,027 | 3,862 | 176 | 2,349 | -64,459 | 13,977 | 846,789 |
| cash and cash equivalents | |||||||||||||||
| cash | -21,621 | -4,229,488 | 2,378,205 | -7,542,268 | 6,770,325 | -2,122,393 | -2,935,498 | 3,222,742 | 2,598,804 | -2,681,748 | 3,404,787 | -1,940,658 | 3,069,068 | 25,909 | 21,886 |
| overdraft | -595,297 | 788,566 | -1,851,907 | 952,217 | 899,690 | ||||||||||
| change in cash | 573,676 | -5,018,054 | 2,378,205 | -7,542,268 | 6,770,325 | -2,122,393 | -2,935,498 | 3,222,742 | 2,598,804 | -2,681,748 | 3,404,787 | -1,940,658 | 4,920,975 | -926,308 | -877,804 |
kiely bros. limited Credit Report and Business Information
Kiely Bros. Limited Competitor Analysis
Perform a competitor analysis for kiely bros. limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other large companies, companies in B 9 area or any other competitors across 12 key performance metrics.
kiely bros. limited Ownership
KIELY BROS. LIMITED group structure
Kiely Bros. Limited has no subsidiary companies.
kiely bros. limited directors
Kiely Bros. Limited currently has 1 director, Mr Michael Kiely serving since Jan 1998.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Kiely | 59 years | Jan 1998 | - | Director |
P&L
December 2023turnover
88.4m
0%
operating profit
3.5m
+150%
gross margin
18.1%
+19.73%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
15.2m
+0.22%
total assets
26.5m
-0.04%
cash
18.1k
-0.54%
net assets
Total assets minus all liabilities
kiely bros. limited company details
company number
03487871
Type
Private limited with Share Capital
industry
42110 - Construction of roads and motorways
incorporation date
January 1998
age
27
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
kiely bros. (plant hire) ltd. (August 2000)
accountant
-
auditor
MHA
address
135 cherrywood road, bordesley green, birmingham, B9 4XE
Bank
-
Legal Advisor
-
kiely bros. 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 4 charges/mortgages relating to kiely bros. limited. Currently there are 2 open charges and 2 have been satisfied in the past.
kiely bros. 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 KIELY BROS. LIMITED. This can take several minutes, an email will notify you when this has completed.
kiely bros. limited Companies House Filings - See Documents
| date | description | view/download |
|---|
