kore systems limited
kore systems limited Company Information
Company Number
04431383
Next Accounts
Dec 2025
Industry
Security systems service activities
Shareholders
edward mary tynan
ryan edward crowley
Group Structure
View All
Contact
Registered Address
unit 3, the wireless factory, fleming wa, isleworth, TW7 6DB
Website
texuna.comkore systems limited Estimated Valuation
Pomanda estimates the enterprise value of KORE SYSTEMS LIMITED at £1.6m based on a Turnover of £4.1m and 0.39x industry multiple (adjusted for size and gross margin).
kore systems limited Estimated Valuation
Pomanda estimates the enterprise value of KORE SYSTEMS LIMITED at £1.8m based on an EBITDA of £486.5k and a 3.74x industry multiple (adjusted for size and gross margin).
kore systems limited Estimated Valuation
Pomanda estimates the enterprise value of KORE SYSTEMS LIMITED at £73.6k based on Net Assets of £33.2k and 2.21x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Kore Systems Limited Overview
Kore Systems Limited is a live company located in isleworth, TW7 6DB with a Companies House number of 04431383. It operates in the security systems service activities sector, SIC Code 80200. Founded in May 2002, it's largest shareholder is edward mary tynan with a 71.8% stake. Kore Systems Limited is a mature, small sized company, Pomanda has estimated its turnover at £4.1m with high growth in recent years.
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Kore Systems Limited Health Check
Pomanda's financial health check has awarded Kore Systems Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
3 Weak
Size
annual sales of £4.1m, make it larger than the average company (£1.9m)
- Kore Systems Limited
£1.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 26%, show it is growing at a faster rate (8.9%)
- Kore Systems Limited
8.9% - Industry AVG
Production
with a gross margin of 36.7%, this company has a comparable cost of product (36.7%)
- Kore Systems Limited
36.7% - Industry AVG
Profitability
an operating margin of 11.7% make it more profitable than the average company (6.1%)
- Kore Systems Limited
6.1% - Industry AVG
Employees
with 24 employees, this is above the industry average (19)
24 - Kore Systems Limited
19 - Industry AVG
Pay Structure
on an average salary of £38.6k, the company has an equivalent pay structure (£38.6k)
- Kore Systems Limited
£38.6k - Industry AVG
Efficiency
resulting in sales per employee of £169.8k, this is more efficient (£105.5k)
- Kore Systems Limited
£105.5k - Industry AVG
Debtor Days
it gets paid by customers after 95 days, this is later than average (67 days)
- Kore Systems Limited
67 days - Industry AVG
Creditor Days
its suppliers are paid after 62 days, this is slower than average (44 days)
- Kore Systems Limited
44 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Kore Systems Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 6 weeks, this is less cash available to meet short term requirements (9 weeks)
6 weeks - Kore Systems Limited
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 97.9%, this is a higher level of debt than the average (68.3%)
97.9% - Kore Systems Limited
68.3% - Industry AVG
KORE SYSTEMS LIMITED financials
Kore Systems Limited's latest turnover from March 2024 is estimated at £4.1 million and the company has net assets of £33.2 thousand. According to their latest financial statements, Kore Systems Limited has 24 employees and maintains cash reserves of £150.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Sep 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 0 | 0 | 0 | |||||||||||||
| Other Income Or Grants | 0 | 0 | ||||||||||||||
| Cost Of Sales | 0 | 0 | ||||||||||||||
| Gross Profit | 0 | 0 | 0 | 0 | ||||||||||||
| Admin Expenses | 245 | 632 | 268 | 341 | ||||||||||||
| Operating Profit | -245 | -632 | -268 | -341 | -629 | |||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | |||||||||||
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | |||||||||||
| Pre-Tax Profit | -245 | -632 | -268 | -341 | -629 | |||||||||||
| Tax | 0 | 0 | 0 | 0 | 0 | |||||||||||
| Profit After Tax | -245 | -632 | -268 | -341 | -629 | |||||||||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | |||||||||||
| Retained Profit | -245 | -632 | -268 | -341 | -629 | |||||||||||
| Employee Costs | ||||||||||||||||
| Number Of Employees | 24 | 23 | 22 | 17 | 15 | 9 | 9 | 6 | ||||||||
| EBITDA* | -126 | -473 | -36 | -35 | -195 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Sep 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 46,855 | 28,204 | 42,528 | 17,780 | 13,256 | 9,450 | 8,542 | 187 | 249 | 332 | 0 | 355 | 474 | 697 | 917 | 1,301 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 46,855 | 28,204 | 42,528 | 17,780 | 13,256 | 9,450 | 8,542 | 187 | 249 | 332 | 0 | 355 | 475 | 697 | 917 | 1,301 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 1,065,472 | 669,325 | 496,497 | 395,081 | 142,020 | 417,586 | 52,676 | 9,524 | 108,118 | 2,726 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 337,946 | 303,080 | 354,069 | 356,728 | 82,666 | 0 | 28,437 | 20,200 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 150,898 | 279,831 | 107,241 | 111,250 | 79,112 | 97,419 | 0 | 0 | 7,124 | 0 | 0 | 2,686 | 2,866 | 3,352 | 3,352 | 3,388 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,554,316 | 1,252,236 | 957,807 | 863,059 | 303,798 | 515,005 | 81,113 | 29,724 | 115,242 | 2,726 | 0 | 2,686 | 2,866 | 3,352 | 3,352 | 3,388 |
| total assets | 1,601,171 | 1,280,440 | 1,000,335 | 880,839 | 317,054 | 524,455 | 89,655 | 29,911 | 115,491 | 3,058 | 0 | 3,041 | 3,340 | 4,049 | 4,269 | 4,689 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 18 | 4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 10,000 | 10,000 | 10,000 | 10,000 | 5,505 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 439,574 | 439,404 | 465,176 | 370,430 | 176,404 | 293,532 | 127,027 | 18,973 | 85,548 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 847,410 | 417,196 | 930,449 | 717,968 | 357,757 | 177,678 | 308,521 | 83,064 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 1,296,984 | 866,600 | 1,405,625 | 1,098,398 | 539,666 | 471,210 | 435,566 | 102,041 | 85,548 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| loans | 262,500 | 703,954 | 277,500 | 285,000 | 274,495 | 230,000 | 0 | 0 | 0 | 0 | 0 | 62,474 | 62,474 | 0 | 0 | 18,194 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 54,065 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 10,307 | 20,738 | 105,722 | 148,285 | 154,117 | 71,957 | 0 | 14,557 | 14,557 | 84,896 | 83,725 | 16,839 |
| provisions | 8,450 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 270,950 | 703,954 | 277,500 | 285,000 | 284,802 | 250,738 | 105,722 | 148,285 | 154,117 | 71,957 | 0 | 77,031 | 77,031 | 84,896 | 83,725 | 89,098 |
| total liabilities | 1,567,934 | 1,570,554 | 1,683,125 | 1,383,398 | 824,468 | 721,948 | 541,288 | 250,326 | 239,665 | 71,957 | 0 | 77,031 | 77,031 | 84,896 | 83,725 | 89,098 |
| net assets | 33,237 | -290,114 | -682,790 | -502,559 | -507,414 | -197,493 | -451,633 | -220,415 | -124,174 | -68,899 | 0 | -73,991 | -73,691 | -80,847 | -79,456 | -84,409 |
| total shareholders funds | 33,237 | -290,114 | -682,790 | -502,559 | -507,414 | -197,493 | -451,633 | -220,415 | -124,174 | -68,899 | 0 | -73,991 | -73,691 | -80,847 | -79,456 | -84,409 |
| Mar 2024 | Mar 2023 | Sep 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||
| Operating Profit | -245 | -632 | -268 | -341 | -629 | |||||||||||
| Depreciation | 11,194 | 5,770 | 4,799 | 4,006 | 3,664 | 3,150 | 2,847 | 62 | 119 | 158 | 232 | 306 | 434 | |||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Tax | 0 | 0 | 0 | 0 | 0 | |||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 431,013 | 121,839 | 98,757 | 527,123 | -192,900 | 336,473 | 51,389 | -78,394 | 105,392 | 2,726 | 0 | 0 | 0 | 0 | 0 | 0 |
| Creditors | 170 | -25,772 | 94,746 | 194,026 | -117,128 | 166,505 | 108,054 | -66,575 | 85,548 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 430,214 | -513,253 | 212,481 | 360,211 | 180,079 | -130,843 | 225,457 | 83,064 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 8,450 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -126 | -474 | -36 | -35 | -195 | |||||||||||
| Investing Activities | ||||||||||||||||
| capital expenditure | ||||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||||||
| Financing Activities | ||||||||||||||||
| Bank loans | 0 | 0 | 0 | 4,495 | 5,505 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -441,454 | 426,454 | -7,500 | 10,505 | 44,495 | 230,000 | 0 | 0 | 0 | 0 | -62,474 | 0 | 62,474 | 0 | -18,194 | 18,194 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -54,065 | 54,065 |
| other long term liabilities | 0 | 0 | 0 | -10,307 | -10,431 | -84,984 | -42,563 | -5,832 | 82,160 | 71,957 | -14,557 | 0 | -70,339 | 1,171 | 66,886 | 16,839 |
| share issue | ||||||||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | |||||||||||
| cash flow from financing | -55 | -77 | 48 | -79 | 5,318 | |||||||||||
| cash and cash equivalents | ||||||||||||||||
| cash | -128,933 | 172,590 | -4,009 | 32,138 | -18,307 | 97,419 | 0 | -7,124 | 7,124 | 0 | -2,686 | -180 | -486 | 0 | -36 | 3,388 |
| overdraft | 0 | 0 | 0 | 0 | 0 | -18 | 14 | 4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -128,933 | 172,590 | -4,009 | 32,138 | -18,307 | 97,437 | -14 | -7,128 | 7,124 | 0 | -2,686 | -180 | -486 | 0 | -36 | 3,388 |
kore systems limited Credit Report and Business Information
Kore Systems Limited Competitor Analysis
Perform a competitor analysis for kore systems limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in TW7 area or any other competitors across 12 key performance metrics.
kore systems limited Ownership
KORE SYSTEMS LIMITED group structure
Kore Systems Limited has no subsidiary companies.
Ultimate parent company
KORE SYSTEMS LIMITED
04431383
kore systems limited directors
Kore Systems Limited currently has 3 directors. The longest serving directors include Mr Ryan Crowley (Nov 2018) and Mr Jamie Jorden (Nov 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ryan Crowley | United Kingdom | 44 years | Nov 2018 | - | Director |
| Mr Jamie Jorden | England | 35 years | Nov 2023 | - | Director |
| Mr Darren Gill | United Kingdom | 56 years | May 2024 | - | Director |
P&L
March 2024turnover
4.1m
+35%
operating profit
475.3k
0%
gross margin
36.7%
-0.18%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
33.2k
-1.11%
total assets
1.6m
+0.25%
cash
150.9k
-0.46%
net assets
Total assets minus all liabilities
kore systems limited company details
company number
04431383
Type
Private limited with Share Capital
industry
80200 - Security systems service activities
incorporation date
May 2002
age
22
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
texuna integrated security systems limited (September 2019)
red11 productions limited (October 2015)
accountant
FOUR FIFTY PARTNERSHIP
auditor
-
address
unit 3, the wireless factory, fleming wa, isleworth, TW7 6DB
Bank
HSBC BANK PLC
Legal Advisor
-
kore systems 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 did not find charges/mortgages relating to kore systems limited.
kore systems limited Companies House Filings - See Documents
| date | description | view/download |
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