k & r estates limited
k & r estates limited Company Information
Company Number
04670004
Next Accounts
115 days late
Shareholders
k & r estates developments ltd
Group Structure
View All
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
+1Registered Address
309 hoe street, london, E17 9BG
Website
rkestates.comk & r estates limited Estimated Valuation
Pomanda estimates the enterprise value of K & R ESTATES LIMITED at £3.8m based on a Turnover of £1.4m and 2.8x industry multiple (adjusted for size and gross margin).
k & r estates limited Estimated Valuation
Pomanda estimates the enterprise value of K & R ESTATES LIMITED at £1.2m based on an EBITDA of £172k and a 6.74x industry multiple (adjusted for size and gross margin).
k & r estates limited Estimated Valuation
Pomanda estimates the enterprise value of K & R ESTATES LIMITED at £6.2m based on Net Assets of £3.3m and 1.88x industry multiple (adjusted for liquidity).
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K & R Estates Limited Overview
K & R Estates Limited is a live company located in london, E17 9BG with a Companies House number of 04670004. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in February 2003, it's largest shareholder is k & r estates developments ltd with a 100% stake. K & R Estates Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.4m with healthy growth in recent years.
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K & R Estates Limited Health Check
Pomanda's financial health check has awarded K & R Estates 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
4 Strong
2 Regular
5 Weak
Size
annual sales of £1.4m, make it larger than the average company (£711.3k)
- K & R Estates Limited
£711.3k - Industry AVG
Growth
3 year (CAGR) sales growth of 5%, show it is growing at a faster rate (2.8%)
- K & R Estates Limited
2.8% - Industry AVG
Production
with a gross margin of 80.4%, this company has a comparable cost of product (80.4%)
- K & R Estates Limited
80.4% - Industry AVG
Profitability
an operating margin of 12.4% make it less profitable than the average company (22.3%)
- K & R Estates Limited
22.3% - Industry AVG
Employees
with 6 employees, this is below the industry average (8)
6 - K & R Estates Limited
8 - Industry AVG
Pay Structure
on an average salary of £35.1k, the company has an equivalent pay structure (£35.1k)
- K & R Estates Limited
£35.1k - Industry AVG
Efficiency
resulting in sales per employee of £225.9k, this is more efficient (£131k)
- K & R Estates Limited
£131k - Industry AVG
Debtor Days
it gets paid by customers after 55 days, this is later than average (34 days)
- K & R Estates Limited
34 days - Industry AVG
Creditor Days
its suppliers are paid after 17 days, this is quicker than average (42 days)
- K & R Estates Limited
42 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- K & R Estates Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (29 weeks)
1 weeks - K & R Estates Limited
29 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 49%, this is a lower level of debt than the average (57.6%)
49% - K & R Estates Limited
57.6% - Industry AVG
K & R ESTATES LIMITED financials
K & R Estates Limited's latest turnover from February 2023 is estimated at £1.4 million and the company has net assets of £3.3 million. According to their latest financial statements, K & R Estates Limited has 6 employees and maintains cash reserves of £38.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 111,479 | |||||||||||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | 111,479 | |||||||||||||
| Admin Expenses | 175,956 | |||||||||||||
| Operating Profit | -64,477 | |||||||||||||
| Interest Payable | ||||||||||||||
| Interest Receivable | 291 | |||||||||||||
| Pre-Tax Profit | 34,154 | |||||||||||||
| Tax | -14,633 | |||||||||||||
| Profit After Tax | 19,521 | |||||||||||||
| Dividends Paid | ||||||||||||||
| Retained Profit | 19,521 | |||||||||||||
| Employee Costs | ||||||||||||||
| Number Of Employees | 6 | 6 | 6 | 6 | 7 | 7 | 8 | 8 | ||||||
| EBITDA* | -58,683 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 3,185,144 | 3,274,307 | 3,299,286 | 4,046,633 | 3,940,798 | 5,721,316 | 4,079,980 | 4,020,970 | 3,608,861 | 2,101,620 | 730,802 | 35,221 | 38,392 | 42,638 |
| Intangible Assets | ||||||||||||||
| Investments & Other | ||||||||||||||
| Debtors (Due After 1 year) | ||||||||||||||
| Total Fixed Assets | 3,185,144 | 3,274,307 | 3,299,286 | 4,046,633 | 3,940,798 | 5,721,316 | 4,079,980 | 4,020,970 | 3,608,861 | 2,101,620 | 730,802 | 35,221 | 38,392 | 42,638 |
| Stock & work in progress | 623,652 | 225,708 | ||||||||||||
| Trade Debtors | 207,405 | 118,521 | 123,525 | 170,367 | 73,564 | 37,881 | 80,685 | 41,253 | 382,529 | 5,777 | 54,455 | 31,365 | 16,356 | 8,109 |
| Group Debtors | 3,041,724 | 3,065,758 | 3,006,476 | 1,827,824 | 1,668,000 | |||||||||
| Misc Debtors | 4,225 | 13,634 | 12,231 | 2,675 | 3,003 | 6,415 | ||||||||
| Cash | 38,331 | 336,390 | 62,085 | 471 | 183,554 | 5,587 | 424 | 481 | 28,852 | 377 | 240 | 164 | 235 | 1 |
| misc current assets | ||||||||||||||
| total current assets | 3,287,460 | 3,524,894 | 3,192,086 | 1,998,662 | 1,938,752 | 55,699 | 83,784 | 668,389 | 411,381 | 6,154 | 280,403 | 31,529 | 23,006 | 8,110 |
| total assets | 6,472,604 | 6,799,201 | 6,491,372 | 6,045,295 | 5,879,550 | 5,777,015 | 4,163,764 | 4,689,359 | 4,020,242 | 2,107,774 | 1,011,205 | 66,750 | 61,398 | 50,748 |
| Bank overdraft | 53,372 | 87,500 | 87,500 | 56,650 | ||||||||||
| Bank loan | 21,600 | 497,195 | 6,801 | 4,954 | ||||||||||
| Trade Creditors | 12,625 | 14,729 | 30,878 | 59,771 | 70,292 | 32,977 | 2,603,355 | 1,293,178 | 572,206 | 55,623 | 9,470 | 2,959 | ||
| Group/Directors Accounts | 1,067,872 | 408,920 | 409,100 | 409,100 | 28,464 | |||||||||
| other short term finances | 21,600 | 1,331 | ||||||||||||
| hp & lease commitments | 1,972 | 1,972 | 1,972 | 8,188 | 16,313 | |||||||||
| other current liabilities | 432,870 | 1,254,849 | 1,651,016 | 1,150,248 | 1,612,570 | 1,516,542 | 1,191,979 | 1,875,653 | 43,086 | 31,422 | ||||
| total current liabilities | 1,534,967 | 1,700,098 | 2,092,325 | 1,674,463 | 1,800,798 | 1,606,014 | 1,256,817 | 2,422,138 | 2,603,355 | 1,293,178 | 572,206 | 55,623 | 59,357 | 39,335 |
| loans | 1,586,476 | 1,608,076 | 952,412 | 1,070,574 | 1,097,390 | 1,599,375 | 989,707 | 601,100 | ||||||
| hp & lease commitments | 3,697 | 5,668 | 7,639 | 19,749 | 7,203 | |||||||||
| Accruals and Deferred Income | ||||||||||||||
| other liabilities | 661,368 | 294,196 | 301,008 | |||||||||||
| provisions | 51,456 | 80,110 | 80,110 | 132,004 | 89,424 | 317,231 | 256,402 | 421 | 1,263 | 1,263 | 3,367 | 5,902 | 5,902 | 6,794 |
| total long term liabilities | 1,637,932 | 1,688,186 | 1,032,522 | 1,206,275 | 1,192,482 | 1,924,245 | 1,265,858 | 608,724 | 662,631 | 295,459 | 304,375 | 5,902 | 5,902 | 6,794 |
| total liabilities | 3,172,899 | 3,388,284 | 3,124,847 | 2,880,738 | 2,993,280 | 3,530,259 | 2,522,675 | 3,030,862 | 3,265,986 | 1,588,637 | 876,581 | 61,525 | 65,259 | 46,129 |
| net assets | 3,299,705 | 3,410,917 | 3,366,525 | 3,164,557 | 2,886,270 | 2,246,756 | 1,641,089 | 1,658,497 | 754,256 | 519,137 | 134,624 | 5,225 | -3,861 | 4,619 |
| total shareholders funds | 3,299,705 | 3,410,917 | 3,366,525 | 3,164,557 | 2,886,270 | 2,246,756 | 1,641,089 | 1,658,497 | 754,256 | 519,137 | 134,624 | 5,225 | -3,861 | 4,619 |
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | -64,477 | |||||||||||||
| Depreciation | 4,135 | 4,780 | 5,633 | 4,967 | 6,944 | 11,833 | 10,105 | 12,935 | 11,984 | 11,847 | 4,486 | 5,046 | 5,794 | |
| Amortisation | ||||||||||||||
| Tax | -14,633 | |||||||||||||
| Stock | -623,652 | 623,652 | -225,708 | 225,708 | ||||||||||
| Debtors | 60,625 | 58,503 | 1,131,810 | 242,993 | 1,705,086 | -33,248 | 39,104 | -338,273 | 376,752 | -48,678 | 23,090 | 8,594 | 14,662 | 8,109 |
| Creditors | -2,104 | -16,149 | -28,893 | -10,521 | 70,292 | -32,977 | -2,570,378 | 1,310,177 | 720,972 | 516,583 | 46,153 | 6,511 | 2,959 | |
| Accruals and Deferred Income | -821,979 | -396,167 | 500,768 | -462,322 | 96,028 | 324,563 | -683,674 | 1,875,653 | -43,086 | 11,664 | 31,422 | |||
| Deferred Taxes & Provisions | -28,654 | -51,894 | 42,580 | -227,807 | 60,829 | 255,981 | -842 | -2,104 | -2,535 | -892 | 6,794 | |||
| Cash flow from operations | -40,250 | |||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | ||||||||||||||
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 21,600 | -497,195 | 497,195 | -6,801 | 1,847 | 4,954 | ||||||||
| Group/Directors Accounts | 658,952 | -180 | 380,636 | 28,464 | ||||||||||
| Other Short Term Loans | -21,600 | 20,269 | 1,331 | |||||||||||
| Long term loans | -21,600 | 655,664 | -118,162 | -26,816 | -501,985 | 609,668 | 388,607 | 601,100 | ||||||
| Hire Purchase and Lease Commitments | -5,669 | -1,971 | -1,971 | -18,326 | 4,421 | 23,516 | ||||||||
| other long term liabilities | -661,368 | 367,172 | -6,812 | 301,008 | ||||||||||
| share issue | ||||||||||||||
| interest | 291 | |||||||||||||
| cash flow from financing | -9,657 | |||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | -298,059 | 274,305 | 61,614 | -183,083 | 177,967 | 5,163 | -57 | -28,371 | 28,475 | 137 | 76 | -71 | 234 | 1 |
| overdraft | -53,372 | -34,128 | 30,850 | 56,650 | ||||||||||
| change in cash | -298,059 | 274,305 | 114,986 | -148,955 | 177,967 | -25,687 | -56,707 | -28,371 | 28,475 | 137 | 76 | -71 | 234 | 1 |
k & r estates limited Credit Report and Business Information
K & R Estates Limited Competitor Analysis
Perform a competitor analysis for k & r estates limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in E17 area or any other competitors across 12 key performance metrics.
k & r estates limited Ownership
K & R ESTATES LIMITED group structure
K & R Estates Limited has no subsidiary companies.
k & r estates limited directors
K & R Estates Limited currently has 2 directors. The longest serving directors include Mr Rakesh Raithatha (Feb 2003) and Mrs Kinnari Raithatha (Sep 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Rakesh Raithatha | England | 53 years | Feb 2003 | - | Director |
| Mrs Kinnari Raithatha | England | 44 years | Sep 2018 | - | Director |
P&L
February 2023turnover
1.4m
+69%
operating profit
167.9k
0%
gross margin
80.4%
-2.26%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2023net assets
3.3m
-0.03%
total assets
6.5m
-0.05%
cash
38.3k
-0.89%
net assets
Total assets minus all liabilities
k & r estates limited company details
company number
04670004
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
68310 - Real estate agencies
incorporation date
February 2003
age
22
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
February 2023
previous names
r & r estates limited (June 2006)
accountant
TEMPLETONS (UK) LIMITED
auditor
-
address
309 hoe street, london, E17 9BG
Bank
THE ROYAL BANK OF SCOTLAND PLC
Legal Advisor
-
k & r estates 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 16 charges/mortgages relating to k & r estates limited. Currently there are 0 open charges and 16 have been satisfied in the past.
k & r estates 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 K & R ESTATES LIMITED. This can take several minutes, an email will notify you when this has completed.
k & r estates limited Companies House Filings - See Documents
| date | description | view/download |
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