k j plastering limited Company Information
Company Number
04229136
Next Accounts
Feb 2026
Shareholders
mr kevin james gittins & mrs kevin james gittins & mrs donna marie gittins
deborah louise agger
View AllGroup Structure
View All
Industry
Plastering
Registered Address
1-4 london road, spalding, lincolnshire, PE11 2TA
Website
kj-plastering.co.ukk j plastering limited Estimated Valuation
Pomanda estimates the enterprise value of K J PLASTERING LIMITED at £739.7k based on a Turnover of £1.8m and 0.41x industry multiple (adjusted for size and gross margin).
k j plastering limited Estimated Valuation
Pomanda estimates the enterprise value of K J PLASTERING LIMITED at £859.5k based on an EBITDA of £214.2k and a 4.01x industry multiple (adjusted for size and gross margin).
k j plastering limited Estimated Valuation
Pomanda estimates the enterprise value of K J PLASTERING LIMITED at £2.3m based on Net Assets of £989.8k and 2.32x industry multiple (adjusted for liquidity).
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K J Plastering Limited Overview
K J Plastering Limited is a live company located in lincolnshire, PE11 2TA with a Companies House number of 04229136. It operates in the plastering sector, SIC Code 43310. Founded in June 2001, it's largest shareholder is mr kevin james gittins & mrs kevin james gittins & mrs donna marie gittins with a 65% stake. K J Plastering Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.8m with low growth in recent years.
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K J Plastering Limited Health Check
Pomanda's financial health check has awarded K J Plastering Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs


5 Strong

4 Regular

3 Weak

Size
annual sales of £1.8m, make it larger than the average company (£203.8k)
- K J Plastering Limited
£203.8k - Industry AVG

Growth
3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (11.7%)
- K J Plastering Limited
11.7% - Industry AVG

Production
with a gross margin of 25.6%, this company has a comparable cost of product (25.6%)
- K J Plastering Limited
25.6% - Industry AVG

Profitability
an operating margin of 8.8% make it as profitable than the average company (8.2%)
- K J Plastering Limited
8.2% - Industry AVG

Employees
with 20 employees, this is above the industry average (2)
20 - K J Plastering Limited
2 - Industry AVG

Pay Structure
on an average salary of £23.1k, the company has an equivalent pay structure (£23.1k)
- K J Plastering Limited
£23.1k - Industry AVG

Efficiency
resulting in sales per employee of £90.3k, this is less efficient (£130.2k)
- K J Plastering Limited
£130.2k - Industry AVG

Debtor Days
it gets paid by customers after 37 days, this is near the average (35 days)
- K J Plastering Limited
35 days - Industry AVG

Creditor Days
its suppliers are paid after 35 days, this is slower than average (29 days)
- K J Plastering Limited
29 days - Industry AVG

Stock Days
it holds stock equivalent to 15 days, this is more than average (8 days)
- K J Plastering Limited
8 days - Industry AVG

Cash Balance
has cash to cover current liabilities for 94 weeks, this is more cash available to meet short term requirements (30 weeks)
94 weeks - K J Plastering Limited
30 weeks - Industry AVG

Debt Level
it has a ratio of liabilities to total assets of 31.1%, this is a lower level of debt than the average (51.8%)
31.1% - K J Plastering Limited
51.8% - Industry AVG
K J PLASTERING LIMITED financials

K J Plastering Limited's latest turnover from May 2024 is estimated at £1.8 million and the company has net assets of £989.8 thousand. According to their latest financial statements, K J Plastering Limited has 20 employees and maintains cash reserves of £649.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 | 20 | 23 | 24 | 24 | 26 | 31 | 31 | 21 | 16 | ||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 118,227 | 145,237 | 142,865 | 174,340 | 189,538 | 227,140 | 196,574 | 161,108 | 188,041 | 117,434 | 111,416 | 76,028 | 65,369 | 86,109 | 72,765 |
Intangible Assets | |||||||||||||||
Investments & Other | |||||||||||||||
Debtors (Due After 1 year) | |||||||||||||||
Total Fixed Assets | 118,227 | 145,237 | 142,865 | 174,340 | 189,538 | 227,140 | 196,574 | 161,108 | 188,041 | 117,434 | 111,416 | 76,028 | 65,369 | 86,109 | 72,765 |
Stock & work in progress | 57,748 | 603,364 | 302,574 | 270,210 | 29,551 | 267,656 | 475,857 | 310,818 | 360,425 | 394,311 | 392,184 | 242,234 | 140,647 | 141,269 | 42,083 |
Trade Debtors | 186,602 | 28,882 | 43,974 | 120,177 | 7,878 | 141,045 | 328,223 | 28,953 | 89,965 | 20,189 | 34,569 | 11,982 | 54,475 | 48,264 | |
Group Debtors | |||||||||||||||
Misc Debtors | 424,044 | 171,103 | 100,683 | 79,393 | 98,594 | 89,814 | 86,642 | 96,694 | 49,745 | ||||||
Cash | 649,799 | 442,344 | 689,849 | 541,088 | 656,237 | 319,480 | 70,526 | 197,061 | 164,321 | 207,210 | 5,514 | 14,677 | 12,035 | 19,377 | 74,655 |
misc current assets | |||||||||||||||
total current assets | 1,318,193 | 1,245,693 | 1,137,080 | 1,010,868 | 792,260 | 817,995 | 961,248 | 604,573 | 603,444 | 691,486 | 417,887 | 291,480 | 164,664 | 215,121 | 165,002 |
total assets | 1,436,420 | 1,390,930 | 1,279,945 | 1,185,208 | 981,798 | 1,045,135 | 1,157,822 | 765,681 | 791,485 | 808,920 | 529,303 | 367,508 | 230,033 | 301,230 | 237,767 |
Bank overdraft | 9,745 | 9,570 | 170,958 | ||||||||||||
Bank loan | 10,255 | 10,000 | |||||||||||||
Trade Creditors | 131,063 | 304,642 | 197,493 | 124,859 | 69,632 | 166,641 | 211,614 | 120,176 | 100,441 | 378,033 | 280,792 | 230,449 | 110,776 | 158,158 | 135,308 |
Group/Directors Accounts | |||||||||||||||
other short term finances | |||||||||||||||
hp & lease commitments | 10,367 | 11,814 | 7,788 | 16,000 | 32,306 | ||||||||||
other current liabilities | 214,794 | 176,547 | 174,986 | 196,763 | 125,543 | 182,184 | 161,143 | 106,752 | 128,166 | ||||||
total current liabilities | 356,112 | 491,189 | 382,224 | 331,192 | 205,542 | 360,639 | 551,503 | 242,928 | 260,913 | 378,033 | 280,792 | 230,449 | 110,776 | 158,158 | 135,308 |
loans | 10,458 | 20,713 | 30,715 | 40,510 | 50,000 | ||||||||||
hp & lease commitments | 25,975 | 36,341 | 18,410 | 26,199 | 77,825 | ||||||||||
Accruals and Deferred Income | |||||||||||||||
other liabilities | 50,470 | 7,092 | 48,788 | 70,605 | 37,657 | 35,942 | 47,796 | 13,304 | |||||||
provisions | 29,556 | 27,595 | 27,144 | 33,124 | 35,821 | 42,923 | 37,349 | 32,222 | 33,498 | 23,487 | 22,283 | 11,480 | 9,120 | 12,915 | 6,370 |
total long term liabilities | 90,484 | 48,308 | 57,859 | 80,726 | 111,796 | 79,264 | 55,759 | 58,421 | 111,323 | 72,275 | 92,888 | 49,137 | 45,062 | 60,711 | 19,674 |
total liabilities | 446,596 | 539,497 | 440,083 | 411,918 | 317,338 | 439,903 | 607,262 | 301,349 | 372,236 | 450,308 | 373,680 | 279,586 | 155,838 | 218,869 | 154,982 |
net assets | 989,824 | 851,433 | 839,862 | 773,290 | 664,460 | 605,232 | 550,560 | 464,332 | 419,249 | 358,612 | 155,623 | 87,922 | 74,195 | 82,361 | 82,785 |
total shareholders funds | 989,824 | 851,433 | 839,862 | 773,290 | 664,460 | 605,232 | 550,560 | 464,332 | 419,249 | 358,612 | 155,623 | 87,922 | 74,195 | 82,361 | 82,785 |
May 2024 | May 2023 | May 2022 | May 2021 | May 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 | |||||||||||||||
Depreciation | 55,439 | 40,026 | 42,360 | 6,330 | 46,117 | 54,162 | 53,772 | 53,081 | 61,896 | 39,181 | 37,167 | 25,370 | 21,817 | 28,654 | 23,915 |
Amortisation | |||||||||||||||
Tax | |||||||||||||||
Stock | -545,616 | 300,790 | 32,364 | 240,659 | -238,105 | -208,201 | 165,039 | -49,607 | -33,886 | 2,127 | 149,950 | 101,587 | -622 | 99,186 | 42,083 |
Debtors | 410,661 | 55,328 | -54,913 | 93,098 | -124,387 | -184,006 | 318,171 | 17,996 | -11,267 | 69,776 | -14,380 | 22,587 | -42,493 | 6,211 | 48,264 |
Creditors | -173,579 | 107,149 | 72,634 | 55,227 | -97,009 | -44,973 | 91,438 | 19,735 | -277,592 | 97,241 | 50,343 | 119,673 | -47,382 | 22,850 | 135,308 |
Accruals and Deferred Income | 38,247 | 1,561 | -21,777 | 71,220 | -56,641 | 21,041 | 54,391 | -21,414 | 128,166 | ||||||
Deferred Taxes & Provisions | 1,961 | 451 | -5,980 | -2,697 | -7,102 | 5,574 | 5,127 | -1,276 | 10,011 | 1,204 | 10,803 | 2,360 | -3,795 | 6,545 | 6,370 |
Cash flow from operations | |||||||||||||||
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | |||||||||||||||
cash flow from investments | |||||||||||||||
Financing Activities | |||||||||||||||
Bank loans | 255 | 10,000 | |||||||||||||
Group/Directors Accounts | |||||||||||||||
Other Short Term Loans | |||||||||||||||
Long term loans | -10,255 | -10,002 | -9,795 | -9,490 | 50,000 | ||||||||||
Hire Purchase and Lease Commitments | -36,342 | -11,813 | 21,957 | -16,001 | -67,932 | 110,131 | |||||||||
other long term liabilities | 50,470 | -7,092 | 7,092 | -48,788 | -21,817 | 32,948 | 1,715 | -11,854 | 34,492 | 13,304 | |||||
share issue | |||||||||||||||
interest | |||||||||||||||
cash flow from financing | |||||||||||||||
cash and cash equivalents | |||||||||||||||
cash | 207,455 | -247,505 | 148,761 | -115,149 | 336,757 | 248,954 | -126,535 | 32,740 | -42,889 | 201,696 | -9,163 | 2,642 | -7,342 | -55,278 | 74,655 |
overdraft | -9,745 | 175 | 9,570 | -170,958 | 170,958 | ||||||||||
change in cash | 207,455 | -237,760 | 148,586 | -124,719 | 336,757 | 419,912 | -297,493 | 32,740 | -42,889 | 201,696 | -9,163 | 2,642 | -7,342 | -55,278 | 74,655 |
k j plastering limited Credit Report and Business Information
K J Plastering Limited Competitor Analysis

Perform a competitor analysis for k j plastering limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in PE11 area or any other competitors across 12 key performance metrics.
k j plastering limited Ownership
K J PLASTERING LIMITED group structure
K J Plastering Limited has no subsidiary companies.
Ultimate parent company
K J PLASTERING LIMITED
04229136
k j plastering limited directors
K J Plastering Limited currently has 2 directors. The longest serving directors include Mr Kevin Gittins (Jun 2001) and Mr Richard Agger (Nov 2011).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Kevin Gittins | 54 years | Jun 2001 | - | Director | |
Mr Richard Agger | 47 years | Nov 2011 | - | Director |
P&L
May 2024turnover
1.8m
-23%
operating profit
158.7k
0%
gross margin
25.7%
-8.02%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2024net assets
989.8k
+0.16%
total assets
1.4m
+0.03%
cash
649.8k
+0.47%
net assets
Total assets minus all liabilities
k j plastering limited company details
company number
04229136
Type
Private limited with Share Capital
industry
43310 - Plastering
incorporation date
June 2001
age
24
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
May 2024
previous names
N/A
accountant
TC GROUP BUSINESS ADVISORS
auditor
-
address
1-4 london road, spalding, lincolnshire, PE11 2TA
Bank
-
Legal Advisor
-
k j plastering 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 k j plastering limited. Currently there are 0 open charges and 1 have been satisfied in the past.
k j plastering 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.
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k j plastering limited Companies House Filings - See Documents
date | description | view/download |
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