kia uk limited

kia uk limited Company Information

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Company Number

04415807

Industry

Sale of new cars and light motor vehicles

 

Directors

Paul Philpott

Tae Park

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Shareholders

kia europe gmbh

Group Structure

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Contact

Registered Address

walton green, walton-on-thames, surrey, KT12 1FJ

kia uk limited Estimated Valuation

£1.5b

Pomanda estimates the enterprise value of KIA UK LIMITED at £1.5b based on a Turnover of £2.7b and 0.57x industry multiple (adjusted for size and gross margin).

kia uk limited Estimated Valuation

£518.6m

Pomanda estimates the enterprise value of KIA UK LIMITED at £518.6m based on an EBITDA of £72.9m and a 7.12x industry multiple (adjusted for size and gross margin).

kia uk limited Estimated Valuation

£673.8m

Pomanda estimates the enterprise value of KIA UK LIMITED at £673.8m based on Net Assets of £234.7m and 2.87x industry multiple (adjusted for liquidity).

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Kia Uk Limited Overview

Kia Uk Limited is a live company located in surrey, KT12 1FJ with a Companies House number of 04415807. It operates in the sale of new cars and light motor vehicles sector, SIC Code 45111. Founded in April 2002, it's largest shareholder is kia europe gmbh with a 100% stake. Kia Uk Limited is a mature, mega sized company, Pomanda has estimated its turnover at £2.7b with high growth in recent years.

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Kia Uk Limited Health Check

Pomanda's financial health check has awarded Kia Uk 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

Health Check Image
Health Rating4out of 5
positive_score

4 Strong

positive_score

3 Regular

positive_score

5 Weak

size

Size

annual sales of £2.7b, make it larger than the average company (£52.8m)

£2.7b - Kia Uk Limited

£52.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 27%, show it is growing at a faster rate (8%)

27% - Kia Uk Limited

8% - Industry AVG

production

Production

with a gross margin of 7.5%, this company has a higher cost of product (10.3%)

7.5% - Kia Uk Limited

10.3% - Industry AVG

profitability

Profitability

an operating margin of 2.2% make it as profitable than the average company (2.2%)

2.2% - Kia Uk Limited

2.2% - Industry AVG

employees

Employees

with 258 employees, this is above the industry average (85)

258 - Kia Uk Limited

85 - Industry AVG

paystructure

Pay Structure

on an average salary of £73.5k, the company has a higher pay structure (£38.7k)

£73.5k - Kia Uk Limited

£38.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £10.5m, this is more efficient (£635.9k)

£10.5m - Kia Uk Limited

£635.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 4 days, this is near the average (6 days)

4 days - Kia Uk Limited

6 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 7 days, this is quicker than average (30 days)

7 days - Kia Uk Limited

30 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 83 days, this is more than average (59 days)

83 days - Kia Uk Limited

59 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (4 weeks)

1 weeks - Kia Uk Limited

4 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 74%, this is a similar level of debt than the average (68%)

74% - Kia Uk Limited

68% - Industry AVG

KIA UK LIMITED financials

EXPORTms excel logo

Kia Uk Limited's latest turnover from December 2023 is £2.7 billion and the company has net assets of £234.7 million. According to their latest financial statements, Kia Uk Limited has 258 employees and maintains cash reserves of £14.2 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover2,698,621,0002,137,417,0001,760,429,0001,318,661,0001,512,995,0001,455,271,0001,403,629,0001,342,947,0001,006,240,000953,809,000882,795,000733,574,000547,229,000553,996,000449,253,000
Other Income Or Grants000000000000000
Cost Of Sales2,496,295,0001,941,366,0001,635,657,0001,229,272,0001,384,181,0001,325,355,0001,281,661,0001,223,511,000894,408,000842,185,000779,495,000631,983,000450,540,000455,480,000412,239,000
Gross Profit202,326,000196,051,000124,772,00089,389,000128,814,000129,916,000121,968,000119,436,000111,832,000111,624,000103,300,000101,591,00096,689,00098,516,00037,014,000
Admin Expenses143,004,000131,324,000109,949,00096,242,000121,196,000119,982,000110,782,000109,781,00090,093,00090,775,00090,616,00085,580,00082,405,00095,566,00089,046,000
Operating Profit59,322,00064,727,00014,823,000-6,853,0007,618,0009,934,00011,186,0009,655,00021,739,00020,849,00012,684,00016,011,00014,284,0002,950,000-52,032,000
Interest Payable2,065,0002,721,0002,911,0002,935,0002,628,000705,000407,000498,000531,000470,000746,0001,143,0001,136,0002,291,0005,262,000
Interest Receivable4,574,0002,016,000279,000181,000105,000154,00049,000188,00000408,000507,0005,741,0002,759,0002,244,000
Pre-Tax Profit67,909,00069,793,00018,247,000-5,524,0008,545,00012,625,00013,666,00011,766,00024,304,00020,537,00012,995,00014,569,00018,889,0003,418,000-55,050,000
Tax-14,594,000-12,405,000-2,486,0001,302,000-1,000,000-2,322,000-1,687,000-3,118,000-3,687,000-2,282,000-2,508,0008,476,000000
Profit After Tax53,315,00057,388,00015,761,000-4,222,0007,545,00010,303,00011,979,0008,648,00020,617,00018,255,00010,487,00023,045,00018,889,0003,418,000-55,050,000
Dividends Paid000000000000000
Retained Profit53,315,00057,388,00015,761,000-4,222,0007,545,00010,303,00011,979,0008,648,00020,617,00018,255,00010,487,00023,045,00018,889,0003,418,000-55,050,000
Employee Costs18,972,00017,932,00015,813,00015,519,00016,083,00015,889,00014,452,00014,109,00013,141,00012,768,00011,319,00010,730,0009,753,0009,764,0009,004,000
Number Of Employees258251243242239232223214201196190183163165172
EBITDA*72,862,00077,095,00028,551,0004,105,00023,680,00024,109,00024,599,00020,948,00035,088,00030,142,00022,124,00026,027,00020,450,0005,005,000-51,174,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets122,357,000141,788,000154,178,000132,342,000136,146,00050,824,00046,529,00040,133,00033,807,00039,295,00037,848,00050,370,00015,605,0009,992,0001,594,000
Intangible Assets173,00000000000000000
Investments & Other32,535,00036,457,00030,686,00024,630,00020,547,00017,097,00013,855,00011,017,0008,596,0005,500,0004,343,0001,194,000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets155,065,000178,245,000184,864,000156,972,000156,693,00067,921,00060,384,00051,150,00042,403,00044,795,00042,191,00051,564,00015,605,0009,992,0001,594,000
Stock & work in progress572,028,000402,404,000377,873,000512,657,000328,563,000380,952,000368,787,000324,977,000331,790,000245,180,000163,513,000149,384,000140,530,000122,256,000160,588,000
Trade Debtors36,077,00023,165,00013,740,00028,206,00051,643,00026,677,00024,786,00017,370,00018,899,00019,450,00018,349,00017,566,00055,442,00062,485,00053,871,000
Group Debtors4,494,00030,990,00016,582,0002,018,0009,193,0001,924,0002,237,0001,953,0001,527,0001,253,0001,222,0001,436,0003,449,0001,251,00017,339,000
Misc Debtors121,307,000105,008,00077,806,00063,492,00052,616,00032,758,00013,468,0002,814,00011,011,00010,374,00010,821,00022,272,0001,673,000540,0008,638,000
Cash14,242,00053,924,000173,468,00064,241,00014,618,0003,946,0009,269,0005,135,0004,407,0003,132,0002,323,0003,789,0001,301,0003,665,0002,590,000
misc current assets000000000000000
total current assets748,148,000615,491,000659,469,000670,614,000456,633,000446,257,000418,547,000352,249,000367,634,000279,389,000196,228,000194,447,000202,395,000190,197,000243,026,000
total assets903,213,000793,736,000844,333,000827,586,000613,326,000514,178,000478,931,000403,399,000410,037,000324,184,000238,419,000246,011,000218,000,000200,189,000244,620,000
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 50,043,00022,861,0006,122,00020,323,00014,003,00017,855,0005,940,00030,614,00021,752,00012,667,00016,103,0006,616,0004,218,000847,00036,772,000
Group/Directors Accounts214,288,000224,901,000394,097,000432,384,000258,574,000282,265,000274,491,000206,818,000238,918,000162,631,00091,697,000104,033,000100,736,000112,337,000156,215,000
other short term finances000000000000000
hp & lease commitments4,205,0003,827,0003,735,0003,645,0002,819,00000028,069,00031,567,00029,952,00049,880,00016,193,0008,710,00010,108,000
other current liabilities225,149,000209,116,000182,264,000142,201,000136,929,00094,623,000100,612,00077,566,00038,407,00053,757,00056,447,00049,534,00086,253,00087,551,00041,969,000
total current liabilities493,685,000460,705,000586,218,000598,553,000412,325,000394,743,000381,043,000314,998,000327,146,000260,622,000194,199,000210,063,000207,400,000209,445,000245,064,000
loans000000000000000
hp & lease commitments71,934,00073,304,00076,635,00080,377,00059,894,0000000000000
Accruals and Deferred Income100,203,00077,854,00057,291,00040,305,00027,722,0000000000000
other liabilities000000000000000
provisions2,694,000457,000161,00084,000896,00014,491,0003,247,0005,739,0008,877,00010,165,0009,078,00011,293,0008,990,0008,023,00020,253,000
total long term liabilities174,831,000151,615,000134,087,000120,766,00088,512,00014,491,0003,247,0005,739,0008,877,00010,165,0009,078,00011,293,0008,990,0008,023,00020,253,000
total liabilities668,516,000612,320,000720,305,000719,319,000500,837,000409,234,000384,290,000320,737,000336,023,000270,787,000203,277,000221,356,000216,390,000217,468,000265,317,000
net assets234,697,000181,416,000124,028,000108,267,000112,489,000104,944,00094,641,00082,662,00074,014,00053,397,00035,142,00024,655,0001,610,000-17,279,000-20,697,000
total shareholders funds234,697,000181,416,000124,028,000108,267,000112,489,000104,944,00094,641,00082,662,00074,014,00053,397,00035,142,00024,655,0001,610,000-17,279,000-20,697,000
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit59,322,00064,727,00014,823,000-6,853,0007,618,0009,934,00011,186,0009,655,00021,739,00020,849,00012,684,00016,011,00014,284,0002,950,000-52,032,000
Depreciation13,540,00012,368,00013,728,00010,958,00016,062,00014,175,00013,413,00011,293,00013,349,0009,293,0009,440,00010,016,0006,166,0002,055,000858,000
Amortisation000000000000000
Tax-14,594,000-12,405,000-2,486,0001,302,000-1,000,000-2,322,000-1,687,000-3,118,000-3,687,000-2,282,000-2,508,0008,476,000000
Stock169,624,00024,531,000-134,784,000184,094,000-52,389,00012,165,00043,810,000-6,813,00086,610,00081,667,00014,129,0008,854,00018,274,000-38,332,000160,588,000
Debtors2,715,00051,035,00014,412,000-19,736,00052,093,00020,868,00018,354,000-9,300,000360,000685,000-10,882,000-19,290,000-3,712,000-15,572,00079,848,000
Creditors27,182,00016,739,000-14,201,0006,320,000-3,852,00011,915,000-24,674,0008,862,0009,085,000-3,436,0009,487,0002,398,0003,371,000-35,925,00036,772,000
Accruals and Deferred Income38,382,00047,415,00057,049,00017,855,00070,028,000-5,989,00023,046,00039,159,000-15,350,000-2,690,0006,913,000-36,719,000-1,298,00045,582,00041,969,000
Deferred Taxes & Provisions2,237,000296,00077,000-812,000-13,595,00011,244,000-2,492,000-3,138,000-1,288,0001,087,000-2,215,0002,303,000967,000-12,230,00020,253,000
Cash flow from operations-46,270,00053,574,000189,362,000-135,588,00075,557,0005,924,000-43,372,00078,826,000-63,122,000-59,531,00030,554,00012,921,0008,928,00056,336,000-192,616,000
Investing Activities
capital expenditure5,718,00022,000-35,564,000-7,154,000-101,384,000-18,470,000-19,809,000-17,619,000-7,861,000-10,740,0003,082,000-44,781,000-11,779,000-10,453,000-2,452,000
Change in Investments-3,922,0005,771,0006,056,0004,083,0003,450,0003,242,0002,838,0002,421,0003,096,0001,157,0003,149,0001,194,000000
cash flow from investments9,640,000-5,749,000-41,620,000-11,237,000-104,834,000-21,712,000-22,647,000-20,040,000-10,957,000-11,897,000-67,000-45,975,000-11,779,000-10,453,000-2,452,000
Financing Activities
Bank loans000000000000000
Group/Directors Accounts-10,613,000-169,196,000-38,287,000173,810,000-23,691,0007,774,00067,673,000-32,100,00076,287,00070,934,000-12,336,0003,297,000-11,601,000-43,878,000156,215,000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments-992,000-3,239,000-3,652,00021,309,00062,713,00000-28,069,000-3,498,0001,615,000-19,928,00033,687,0007,483,000-1,398,00010,108,000
other long term liabilities000000000000000
share issue-34,000000000000000034,353,000
interest2,509,000-705,000-2,632,000-2,754,000-2,523,000-551,000-358,000-310,000-531,000-470,000-338,000-636,0004,605,000468,000-3,018,000
cash flow from financing-9,130,000-173,140,000-44,571,000192,365,00036,499,0007,223,00067,315,000-60,479,00072,258,00072,079,000-32,602,00036,348,000487,000-44,808,000197,658,000
cash and cash equivalents
cash-39,682,000-119,544,000109,227,00049,623,00010,672,000-5,323,0004,134,000728,0001,275,000809,000-1,466,0002,488,000-2,364,0001,075,0002,590,000
overdraft000000000000000
change in cash-39,682,000-119,544,000109,227,00049,623,00010,672,000-5,323,0004,134,000728,0001,275,000809,000-1,466,0002,488,000-2,364,0001,075,0002,590,000

kia uk limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Kia Uk Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for kia uk limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mega companies, companies in KT12 area or any other competitors across 12 key performance metrics.

kia uk limited Ownership

KIA UK LIMITED group structure

Kia Uk Limited has no subsidiary companies.

Ultimate parent company

KIA MOTOR CORP

#0066027

KIA MOTORS EUROPE GMBH

#0046638

2 parents

KIA UK LIMITED

04415807

KIA UK LIMITED Shareholders

kia europe gmbh 100%

kia uk limited directors

Kia Uk Limited currently has 3 directors. The longest serving directors include Mr Paul Philpott (Jul 2012) and Mr Tae Park (Feb 2024).

officercountryagestartendrole
Mr Paul PhilpottEngland58 years Jul 2012- Director
Mr Tae Park39 years Feb 2024- Director
Mr Jung Shin55 years Feb 2024- Director

P&L

December 2023

turnover

2.7b

+26%

operating profit

59.3m

-8%

gross margin

7.5%

-18.26%

turnover

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

Balance Sheet

December 2023

net assets

234.7m

+0.29%

total assets

903.2m

+0.14%

cash

14.2m

-0.74%

net assets

Total assets minus all liabilities

kia uk limited company details

company number

04415807

Type

Private limited with Share Capital

industry

45111 - Sale of new cars and light motor vehicles

incorporation date

April 2002

age

23

incorporated

UK

ultimate parent company

KIA MOTOR CORP

accounts

Full Accounts

last accounts submitted

December 2023

previous names

kia motors (uk) limited (April 2021)

accountant

-

auditor

KPMG LLP

address

walton green, walton-on-thames, surrey, KT12 1FJ

Bank

-

Legal Advisor

-

kia uk 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 3 charges/mortgages relating to kia uk limited. Currently there are 1 open charges and 2 have been satisfied in the past.

kia uk 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 KIA UK LIMITED. This can take several minutes, an email will notify you when this has completed.

kia uk limited Companies House Filings - See Documents

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