Pomanda estimates the enterprise value of KROMEK LIMITED at £22.2m based on a Turnover of £15.2m and 1.46x industry multiple (adjusted for size and gross margin).
kromek limitedEstimated Valuation
£24.6m
Pomanda estimates the enterprise value of KROMEK LIMITED at £24.6m based on an EBITDA of £3.2m and a 7.8x industry multiple (adjusted for size and gross margin).
kromek limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of KROMEK LIMITED at £0 based on Net Assets of £-1.7m and 2.22x industry multiple (adjusted for liquidity).
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Kromek LimitedOverview
Kromek Limited is a live company located in sedgefield, TS21 3FD with a Companies House number of 04728565. It operates in the manufacture of electronic measuring, testing etc. equipment, not for industrial process control sector, SIC Code 26511. Founded in April 2003, it's largest shareholder is
kromek group plc
with a 100% stake. Kromek Limited is a mature,
mid sized company, Pomanda has estimated its turnover at
£15.2m with
high
growth in recent years.
Pomanda's financial health check has awarded Kromek Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
3 Strong
5 Regular
3 Weak
Size
annual sales of £15.2m, make it larger than the average company (£11.5m)
£15.2m - Kromek Limited
£11.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 20%, show it is growing at a faster rate (8.8%)
20% - Kromek Limited
8.8% - Industry AVG
Production
with a gross margin of 48.5%, this company has a comparable cost of product (42.8%)
48.5% - Kromek Limited
42.8% - Industry AVG
Profitability
an operating margin of 4.7% make it as profitable than the average company (5.7%)
4.7% - Kromek Limited
5.7% - Industry AVG
Employees
with 81 employees, this is similar to the industry average (69)
81 - Kromek Limited
69 - Industry AVG
Pay Structure
on an average salary of £66.1k, the company has an equivalent pay structure (£56.9k)
£66.1k - Kromek Limited
£56.9k - Industry AVG
Efficiency
resulting in sales per employee of £187.6k, this is equally as efficient (£166.9k)
£187.6k - Kromek Limited
£166.9k - Industry AVG
Debtor Days
it gets paid by customers after 64 days, this is later than average (51 days)
64 days - Kromek Limited
51 days - Industry AVG
Creditor Days
its suppliers are paid after 159 days, this is slower than average (38 days)
159 days - Kromek Limited
38 days - Industry AVG
Stock Days
it holds stock equivalent to 132 days, this is more than average (103 days)
132 days - Kromek Limited
103 days - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Kromek Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 101.9%, this is a higher level of debt than the average (40.1%)
101.9% - Kromek Limited
40.1% - Industry AVG
KROMEK LIMITED financials
EXPORT
Kromek Limited's latest turnover from April 2024 is £15.2 million and the company has net assets of -£1.7 million. According to their latest financial statements, Kromek Limited has 81 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Apr 2015
Apr 2014
Apr 2013
Apr 2012
Apr 2011
Apr 2010
Turnover
15,194,000
13,478,000
10,463,000
8,690,000
8,565,000
7,434,000
3,679,000
4,936,000
4,824,000
3,282,000
1,903,000
2,691,220
2,783,888
3,279,920
1,831,616
Other Income Or Grants
Cost Of Sales
7,828,000
7,882,000
6,276,000
3,627,000
4,283,000
3,354,000
2,018,000
2,289,000
2,422,000
1,762,000
1,540,000
1,430,754
1,450,701
1,877,748
1,058,457
Gross Profit
7,366,000
5,596,000
4,187,000
5,063,000
4,282,000
4,080,000
1,661,000
2,647,000
2,402,000
1,520,000
363,000
1,260,466
1,333,187
1,402,172
773,159
Admin Expenses
6,658,000
7,182,000
3,615,000
9,311,000
4,084,000
4,488,000
5,987,000
3,912,000
4,163,000
4,737,000
3,712,000
5,162,227
4,387,600
3,873,361
10,917,388
Operating Profit
708,000
-1,586,000
572,000
-4,248,000
198,000
-408,000
-4,326,000
-1,265,000
-1,761,000
-3,217,000
-3,349,000
-3,901,761
-3,054,413
-2,471,189
-10,144,229
Interest Payable
421,000
243,000
103,000
182,000
254,000
118,000
183,000
45,000
44,000
92,000
486,000
170,692
18,666
Interest Receivable
4,000
2,000
1,000
2,000
49,000
146,000
35,000
5,000
1,000
31,000
15,000
153
5,916
7,246
6,137
Pre-Tax Profit
291,000
-1,827,000
470,000
-4,428,000
-7,000
-380,000
-4,474,000
-1,305,000
-1,804,000
-3,278,000
-3,820,000
-1,654,998
-3,067,163
-2,463,943
-10,138,092
Tax
172,000
1,192,000
1,228,000
989,000
904,000
1,021,000
1,429,000
710,000
855,000
1,045,000
696,000
1,013,449
773,099
Profit After Tax
463,000
-635,000
1,698,000
-3,439,000
897,000
641,000
-3,045,000
-595,000
-949,000
-2,233,000
-3,124,000
-641,549
-2,294,064
-2,463,943
-10,138,092
Dividends Paid
Retained Profit
463,000
-635,000
1,698,000
-3,439,000
897,000
641,000
-3,045,000
-595,000
-949,000
-2,233,000
-3,124,000
-641,549
-2,294,064
-2,463,943
-10,138,092
Employee Costs
5,353,000
5,378,000
4,939,000
4,574,000
4,375,000
3,773,000
3,243,000
2,998,000
3,134,000
2,862,000
2,817,000
3,429,979
2,816,499
1,177,911
653,186
Number Of Employees
81
85
83
77
65
55
51
54
55
53
57
75
55
30
17
EBITDA*
3,151,000
976,000
3,077,000
-1,870,000
1,857,000
1,108,000
-2,887,000
-18,000
-998,000
-2,583,000
-2,732,000
-3,308,738
-3,054,413
-2,107,837
-9,780,877
* Earnings Before Interest, Tax, Depreciation and Amortisation
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Apr 2015
Apr 2014
Apr 2013
Apr 2012
Apr 2011
Apr 2010
Tangible Assets
5,312,000
6,027,000
7,959,000
8,838,000
8,660,000
3,200,000
2,011,000
2,227,000
2,444,000
2,444,000
551,000
3,004,609
1,175,583
1,400,092
1,193,202
Intangible Assets
20,636,000
19,768,000
17,513,000
14,812,000
11,637,000
8,812,000
8,587,000
7,995,000
6,887,000
5,515,000
4,604,000
7,412,836
4,272,141
3,539,370
466,880
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
25,948,000
25,795,000
25,472,000
23,650,000
20,297,000
12,012,000
10,598,000
10,222,000
9,331,000
7,959,000
5,155,000
10,417,445
5,447,724
4,939,462
1,660,082
Stock & work in progress
2,845,000
3,516,000
3,719,000
2,118,000
2,334,000
976,000
1,291,000
1,427,000
1,372,000
904,000
956,000
2,098,136
734,782
632,301
392,835
Trade Debtors
2,679,000
1,132,000
1,164,000
1,956,000
3,287,000
2,680,000
1,034,000
1,419,000
1,904,000
1,048,000
911,000
1,160,825
308,983
533,442
146,682
Group Debtors
56,419,000
49,067,000
44,283,000
35,592,000
36,402,000
25,909,000
19,539,000
14,840,000
9,369,000
5,360,000
4,230,000
Misc Debtors
1,733,000
1,792,000
2,034,000
1,244,000
1,371,000
1,533,000
367,000
369,000
388,000
388,000
219,000
418,323
584,841
1,014,088
955,554
Cash
1,943,000
1,162,000
2,892,000
6,802,000
11,504,000
17,000
6,107,000
308,943
477,154
443,385
2,454,847
misc current assets
1,015,000
1,031,000
987,000
1,167,000
596,000
811,000
1,045,000
696,000
766,631
1,359,016
2,000,668
total current assets
63,676,000
55,507,000
51,200,000
43,868,000
45,587,000
34,977,000
30,200,000
30,155,000
13,844,000
8,762,000
13,119,000
4,752,858
3,464,776
2,623,216
5,950,586
total assets
89,624,000
81,302,000
76,672,000
67,518,000
65,884,000
46,989,000
40,798,000
40,377,000
23,175,000
16,721,000
18,274,000
15,170,303
8,912,500
7,562,678
7,610,668
Bank overdraft
4,027,000
1,184,000
76,000
4,649,000
Bank loan
389,000
2,449,129
500,000
Trade Creditors
3,423,000
3,588,000
4,728,000
3,923,000
5,081,000
2,552,000
2,298,000
1,962,000
2,828,000
2,171,000
2,401,000
3,149,169
1,829,906
713,507
847,831
Group/Directors Accounts
80,626,000
75,506,000
69,969,000
41,195,000
37,041,000
14,700,000
other short term finances
1,050,000
hp & lease commitments
280,000
247,000
260,000
266,000
190,000
167,000
other current liabilities
1,091,000
1,119,000
365,000
63,440,000
59,663,000
45,342,000
84,000
1,238,000
1,145,000
13,914,000
13,121,000
508
502
660,544
total current liabilities
89,447,000
81,644,000
76,448,000
68,018,000
64,934,000
48,061,000
43,577,000
40,241,000
23,322,000
16,085,000
15,522,000
5,598,806
2,330,408
1,374,051
847,831
loans
5,166,000
1,500,000
1,742,000
hp & lease commitments
947,000
1,138,000
1,313,000
1,572,000
750,000
871,000
Accruals and Deferred Income
920,000
1,021,000
1,131,000
1,071,000
1,021,000
other liabilities
provisions
3,089,130
364,486
total long term liabilities
1,867,000
2,159,000
2,444,000
3,654,000
1,771,000
871,000
1,544,565
182,243
total liabilities
91,314,000
83,803,000
78,892,000
71,672,000
66,705,000
48,932,000
43,577,000
40,241,000
23,322,000
16,085,000
15,522,000
7,143,371
2,512,651
1,374,051
847,831
net assets
-1,690,000
-2,501,000
-2,220,000
-4,154,000
-821,000
-1,943,000
-2,779,000
136,000
-147,000
636,000
2,752,000
8,026,932
6,399,849
6,188,627
6,762,837
total shareholders funds
-1,690,000
-2,501,000
-2,220,000
-4,154,000
-821,000
-1,943,000
-2,779,000
136,000
-147,000
636,000
2,752,000
8,026,932
6,399,849
6,188,627
6,762,837
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Apr 2015
Apr 2014
Apr 2013
Apr 2012
Apr 2011
Apr 2010
Operating Activities
Operating Profit
708,000
-1,586,000
572,000
-4,248,000
198,000
-408,000
-4,326,000
-1,265,000
-1,761,000
-3,217,000
-3,349,000
-3,901,761
-3,054,413
-2,471,189
-10,144,229
Depreciation
977,000
1,004,000
1,007,000
1,008,000
511,000
431,000
307,000
324,000
314,000
301,000
364,000
446,280
327,502
327,502
Amortisation
1,466,000
1,558,000
1,498,000
1,370,000
1,148,000
1,085,000
1,132,000
923,000
449,000
333,000
253,000
146,743
35,850
35,850
Tax
172,000
1,192,000
1,228,000
989,000
904,000
1,021,000
1,429,000
710,000
855,000
1,045,000
696,000
1,013,449
773,099
Stock
-671,000
-203,000
1,601,000
-216,000
1,358,000
-315,000
-136,000
55,000
468,000
-52,000
-1,142,136
1,363,354
102,481
239,466
392,835
Debtors
8,840,000
4,510,000
8,689,000
-2,268,000
10,938,000
9,182,000
4,312,000
4,967,000
4,865,000
1,436,000
3,780,852
685,324
-653,706
445,294
1,102,236
Creditors
-165,000
-1,140,000
805,000
-1,158,000
2,529,000
254,000
336,000
-866,000
657,000
-230,000
-748,169
1,319,263
1,116,399
-134,324
847,831
Accruals and Deferred Income
-129,000
644,000
-63,015,000
3,827,000
15,342,000
45,258,000
-1,154,000
93,000
-12,769,000
793,000
13,120,492
6
-660,042
660,544
Deferred Taxes & Provisions
-3,089,130
2,724,644
364,486
Cash flow from operations
-5,140,000
-2,635,000
-68,195,000
4,272,000
8,336,000
38,774,000
-6,452,000
-5,103,000
-17,588,000
-2,359,000
4,608,477
-300,054
-909,246
-2,266,377
-10,428,117
Investing Activities
capital expenditure
-2,596,000
-2,885,000
-4,327,000
-5,731,000
-9,944,000
-2,930,000
-1,815,000
-2,138,000
-2,053,000
-3,438,000
4,645,445
-5,562,744
-508,262
-3,642,732
-2,023,434
Change in Investments
cash flow from investments
-2,596,000
-2,885,000
-4,327,000
-5,731,000
-9,944,000
-2,930,000
-1,815,000
-2,138,000
-2,053,000
-3,438,000
4,645,445
-5,562,744
-508,262
-3,642,732
-2,023,434
Financing Activities
Bank loans
-389,000
389,000
-2,449,129
1,949,129
500,000
Group/Directors Accounts
5,120,000
5,537,000
69,969,000
-41,195,000
4,154,000
22,341,000
14,700,000
Other Short Term Loans
-1,050,000
1,050,000
Long term loans
-5,166,000
3,666,000
-242,000
1,742,000
Hire Purchase and Lease Commitments
-158,000
-188,000
-265,000
898,000
-98,000
1,038,000
other long term liabilities
share issue
348,000
354,000
236,000
106,000
225,000
195,000
130,000
878,000
166,000
117,000
-2,150,932
2,268,632
2,505,286
1,889,733
16,900,929
interest
-417,000
-241,000
-102,000
-180,000
-205,000
28,000
-148,000
-40,000
-43,000
-61,000
-471,000
-170,539
-12,750
7,246
6,137
cash flow from financing
4,893,000
4,412,000
65,333,000
4,879,000
-320,000
-38,192,000
4,136,000
23,179,000
14,823,000
56,000
-5,071,061
4,047,222
2,992,536
1,896,979
16,907,066
cash and cash equivalents
cash
-1,943,000
781,000
-1,730,000
-3,910,000
-4,702,000
11,504,000
-17,000
-6,090,000
5,798,057
-168,211
33,769
-2,011,462
2,454,847
overdraft
2,843,000
1,108,000
76,000
-4,649,000
4,649,000
change in cash
-2,843,000
-1,108,000
-2,019,000
781,000
-1,730,000
-3,910,000
-4,702,000
16,153,000
-4,666,000
-6,090,000
5,798,057
-168,211
33,769
-2,011,462
2,454,847
kromek limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for kromek limited. Get real-time insights into kromek limited's credit score, group structure and payment trends.
Perform a competitor analysis for kromek limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in TS21 area or any other competitors across 12 key performance metrics.
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 4 charges/mortgages relating to kromek limited. Currently there are 1 open charges and 3 have been satisfied in the past.
kromek 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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kromek limitedCompanies House Filings - See Documents
