kinetic underwriting concepts limited
kinetic underwriting concepts limited Company Information
Company Number
04065837
Next Accounts
Sep 2025
Directors
Shareholders
david michael prewer & karen prewer
Group Structure
View All
Industry
Activities of insurance agents and brokers
Registered Address
29 the avenue, potters bar, EN6 1EG
Website
www.kineticunderwriting.comkinetic underwriting concepts limited Estimated Valuation
Pomanda estimates the enterprise value of KINETIC UNDERWRITING CONCEPTS LIMITED at £576.8k based on a Turnover of £631.9k and 0.91x industry multiple (adjusted for size and gross margin).
kinetic underwriting concepts limited Estimated Valuation
Pomanda estimates the enterprise value of KINETIC UNDERWRITING CONCEPTS LIMITED at £0 based on an EBITDA of £-602.6k and a 5.1x industry multiple (adjusted for size and gross margin).
kinetic underwriting concepts limited Estimated Valuation
Pomanda estimates the enterprise value of KINETIC UNDERWRITING CONCEPTS LIMITED at £303.2k based on Net Assets of £176.4k and 1.72x industry multiple (adjusted for liquidity).
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Kinetic Underwriting Concepts Limited Overview
Kinetic Underwriting Concepts Limited is a live company located in potters bar, EN6 1EG with a Companies House number of 04065837. It operates in the activities of insurance agents and brokers sector, SIC Code 66220. Founded in September 2000, it's largest shareholder is david michael prewer & karen prewer with a 100% stake. Kinetic Underwriting Concepts Limited is a mature, small sized company, Pomanda has estimated its turnover at £631.9k with declining growth in recent years.
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Kinetic Underwriting Concepts Limited Health Check
Pomanda's financial health check has awarded Kinetic Underwriting Concepts Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
4 Weak
Size
annual sales of £631.9k, make it smaller than the average company (£3m)
- Kinetic Underwriting Concepts Limited
£3m - Industry AVG
Growth
3 year (CAGR) sales growth of -23%, show it is growing at a slower rate (6.8%)
- Kinetic Underwriting Concepts Limited
6.8% - Industry AVG
Production
with a gross margin of 95%, this company has a comparable cost of product (95%)
- Kinetic Underwriting Concepts Limited
95% - Industry AVG
Profitability
an operating margin of -95.4% make it less profitable than the average company (19.6%)
- Kinetic Underwriting Concepts Limited
19.6% - Industry AVG
Employees
with 5 employees, this is below the industry average (19)
5 - Kinetic Underwriting Concepts Limited
19 - Industry AVG
Pay Structure
on an average salary of £52.4k, the company has an equivalent pay structure (£52.4k)
- Kinetic Underwriting Concepts Limited
£52.4k - Industry AVG
Efficiency
resulting in sales per employee of £126.4k, this is equally as efficient (£126.4k)
- Kinetic Underwriting Concepts Limited
£126.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Kinetic Underwriting Concepts Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Kinetic Underwriting Concepts Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Kinetic Underwriting Concepts Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 988 weeks, this is more cash available to meet short term requirements (33 weeks)
988 weeks - Kinetic Underwriting Concepts Limited
33 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 5.3%, this is a lower level of debt than the average (58.1%)
5.3% - Kinetic Underwriting Concepts Limited
58.1% - Industry AVG
KINETIC UNDERWRITING CONCEPTS LIMITED financials
Kinetic Underwriting Concepts Limited's latest turnover from December 2023 is estimated at £631.9 thousand and the company has net assets of £176.4 thousand. According to their latest financial statements, Kinetic Underwriting Concepts Limited has 5 employees and maintains cash reserves of £186.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | 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 | |||||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | |||||||||||||||
| Tax | |||||||||||||||
| Profit After Tax | |||||||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | |||||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 5 | 5 | 6 | 6 | 6 | 6 | 7 | 7 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | 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 | 4,160 | 5,200 | 3,600 | 4,500 | 5,625 | 7,500 | 2,138 | 2,850 | |||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 4,160 | 5,200 | 3,600 | 4,500 | 5,625 | 7,500 | 2,138 | 2,850 | |||||||
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 2,139 | 215,998 | 527,896 | 508,040 | 410,066 | 411,537 | 582,354 | 671,220 | 830,039 | 574,249 | 388,620 | 329,249 | 365,132 | 450,657 | |
| Group Debtors | |||||||||||||||
| Misc Debtors | 5,404 | 5,146 | 2,850 | 3,134 | 3,134 | 22,246 | 33,676 | ||||||||
| Cash | 186,180 | 1,099,506 | 1,876,463 | 1,960,530 | 1,947,649 | 1,925,225 | 1,642,506 | 1,575,816 | 1,303,396 | 1,867,744 | 1,105,163 | 921,370 | 985,152 | 971,426 | 1,347,488 |
| misc current assets | |||||||||||||||
| total current assets | 186,180 | 1,107,049 | 2,092,461 | 2,493,572 | 2,458,539 | 2,338,425 | 2,057,177 | 2,180,416 | 2,008,292 | 2,697,783 | 1,679,412 | 1,309,990 | 1,314,401 | 1,336,558 | 1,798,145 |
| total assets | 186,180 | 1,107,049 | 2,092,461 | 2,493,572 | 2,458,539 | 2,338,425 | 2,057,177 | 2,184,576 | 2,013,492 | 2,701,383 | 1,683,912 | 1,315,615 | 1,321,901 | 1,338,696 | 1,800,995 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 2,461 | 560,076 | 1,177,432 | 958,446 | 939,843 | 927,690 | 1,263,727 | 1,479,607 | 2,602,650 | 1,584,556 | 1,224,469 | 1,163,159 | 1,217,629 | 1,638,808 | |
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 9,798 | 359,323 | 760,925 | 730,628 | 1,013,551 | 962,867 | 851,713 | 823,471 | 436,692 | ||||||
| total current liabilities | 9,798 | 361,784 | 1,321,001 | 1,908,060 | 1,971,997 | 1,902,710 | 1,779,403 | 2,087,198 | 1,916,299 | 2,602,650 | 1,584,556 | 1,224,469 | 1,163,159 | 1,217,629 | 1,638,808 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 1,026 | ||||||||||||||
| total long term liabilities | 1,026 | ||||||||||||||
| total liabilities | 9,798 | 361,784 | 1,321,001 | 1,908,060 | 1,971,997 | 1,902,710 | 1,779,403 | 2,087,198 | 1,916,299 | 2,602,650 | 1,584,556 | 1,224,469 | 1,164,185 | 1,217,629 | 1,638,808 |
| net assets | 176,382 | 745,265 | 771,460 | 585,512 | 486,542 | 435,715 | 277,774 | 97,378 | 97,193 | 98,733 | 99,356 | 91,146 | 157,716 | 121,067 | 162,187 |
| total shareholders funds | 176,382 | 745,265 | 771,460 | 585,512 | 486,542 | 435,715 | 277,774 | 97,378 | 97,193 | 98,733 | 99,356 | 91,146 | 157,716 | 121,067 | 162,187 |
| Dec 2023 | 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 | |||||||||||||||
| Depreciation | 2,340 | 1,300 | 900 | 1,125 | 1,875 | 445 | 713 | 951 | |||||||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | |||||||||||||||
| Debtors | -7,543 | -208,455 | -317,044 | 22,152 | 97,690 | -1,471 | -189,929 | -100,296 | -125,143 | 255,790 | 185,629 | 59,371 | -35,883 | -85,525 | 450,657 |
| Creditors | -2,461 | -557,615 | -617,356 | 218,986 | 18,603 | 12,153 | -336,037 | -215,880 | -1,123,043 | 1,018,094 | 360,087 | 61,310 | -54,470 | -421,179 | 1,638,808 |
| Accruals and Deferred Income | -349,525 | -401,602 | 30,297 | -282,923 | 50,684 | 111,154 | 28,242 | 386,779 | 436,692 | ||||||
| Deferred Taxes & Provisions | -1,026 | 1,026 | |||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -913,326 | -776,957 | -84,067 | 12,881 | 22,424 | 282,719 | 66,690 | 272,420 | -564,348 | 762,581 | 183,793 | -63,782 | 13,726 | -376,062 | 1,347,488 |
| overdraft | |||||||||||||||
| change in cash | -913,326 | -776,957 | -84,067 | 12,881 | 22,424 | 282,719 | 66,690 | 272,420 | -564,348 | 762,581 | 183,793 | -63,782 | 13,726 | -376,062 | 1,347,488 |
kinetic underwriting concepts limited Credit Report and Business Information
Kinetic Underwriting Concepts Limited Competitor Analysis
Perform a competitor analysis for kinetic underwriting concepts limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in EN6 area or any other competitors across 12 key performance metrics.
kinetic underwriting concepts limited Ownership
KINETIC UNDERWRITING CONCEPTS LIMITED group structure
Kinetic Underwriting Concepts Limited has no subsidiary companies.
Ultimate parent company
KINETIC UNDERWRITING CONCEPTS LIMITED
04065837
kinetic underwriting concepts limited directors
Kinetic Underwriting Concepts Limited currently has 1 director, Mr David Prewer serving since Sep 2000.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Prewer | 64 years | Sep 2000 | - | Director |
P&L
December 2023turnover
631.9k
+87%
operating profit
-602.6k
0%
gross margin
95%
+0.71%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
176.4k
-0.76%
total assets
186.2k
-0.83%
cash
186.2k
-0.83%
net assets
Total assets minus all liabilities
kinetic underwriting concepts limited company details
company number
04065837
Type
Private limited with Share Capital
industry
66220 - Activities of insurance agents and brokers
incorporation date
September 2000
age
25
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
29 the avenue, potters bar, EN6 1EG
Bank
-
Legal Advisor
-
kinetic underwriting concepts 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 1 charges/mortgages relating to kinetic underwriting concepts limited. Currently there are 0 open charges and 1 have been satisfied in the past.
kinetic underwriting concepts 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 KINETIC UNDERWRITING CONCEPTS LIMITED. This can take several minutes, an email will notify you when this has completed.
kinetic underwriting concepts limited Companies House Filings - See Documents
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