kit grover limited

kit grover limited Company Information

Share KIT GROVER LIMITED
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MatureSmallDeclining

Company Number

04936202

Industry

Public relations and communication activities

 

Shareholders

christopher grover

hilary mary arnold

Group Structure

View All

Contact

Registered Address

27 mortimer street, london, W1T 3BL

kit grover limited Estimated Valuation

£222.8k

Pomanda estimates the enterprise value of KIT GROVER LIMITED at £222.8k based on a Turnover of £562k and 0.4x industry multiple (adjusted for size and gross margin).

kit grover limited Estimated Valuation

£134.5k

Pomanda estimates the enterprise value of KIT GROVER LIMITED at £134.5k based on an EBITDA of £47.2k and a 2.85x industry multiple (adjusted for size and gross margin).

kit grover limited Estimated Valuation

£516.8k

Pomanda estimates the enterprise value of KIT GROVER LIMITED at £516.8k based on Net Assets of £205.8k and 2.51x industry multiple (adjusted for liquidity).

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Kit Grover Limited Overview

Kit Grover Limited is a live company located in london, W1T 3BL with a Companies House number of 04936202. It operates in the public relations and communications activities sector, SIC Code 70210. Founded in October 2003, it's largest shareholder is christopher grover with a 80% stake. Kit Grover Limited is a mature, small sized company, Pomanda has estimated its turnover at £562k with declining growth in recent years.

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Kit Grover Limited Health Check

Pomanda's financial health check has awarded Kit Grover Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £562k, make it smaller than the average company (£2.9m)

£562k - Kit Grover Limited

£2.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (8.7%)

0% - Kit Grover Limited

8.7% - Industry AVG

production

Production

with a gross margin of 42.6%, this company has a higher cost of product (70.8%)

42.6% - Kit Grover Limited

70.8% - Industry AVG

profitability

Profitability

an operating margin of 8.4% make it as profitable than the average company (10%)

8.4% - Kit Grover Limited

10% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (26)

2 - Kit Grover Limited

26 - Industry AVG

paystructure

Pay Structure

on an average salary of £64k, the company has an equivalent pay structure (£64k)

£64k - Kit Grover Limited

£64k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £281k, this is more efficient (£130.6k)

£281k - Kit Grover Limited

£130.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 173 days, this is later than average (63 days)

173 days - Kit Grover Limited

63 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 69 days, this is slower than average (39 days)

69 days - Kit Grover Limited

39 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Kit Grover Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Kit Grover Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 23%, this is a lower level of debt than the average (61.8%)

23% - Kit Grover Limited

61.8% - Industry AVG

KIT GROVER LIMITED financials

EXPORTms excel logo

Kit Grover Limited's latest turnover from October 2023 is estimated at £562 thousand and the company has net assets of £205.8 thousand. According to their latest financial statements, Kit Grover Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Turnover561,957507,795510,855563,030743,062474,233621,446668,048352,598343,5231,054,128635,697263,917721,2680
Other Income Or Grants000000000000000
Cost Of Sales322,568274,600259,228289,509384,846205,200269,978288,939141,890141,822491,492336,728139,181367,0380
Gross Profit239,389233,194251,627273,521358,215269,033351,467379,109210,708201,701562,636298,969124,736354,2300
Admin Expenses192,205258,215186,253319,162307,283253,500349,179375,976266,813242,772548,67917,960120,741353,4561,721
Operating Profit47,184-25,02165,374-45,64150,93215,5332,2883,133-56,105-41,07113,957281,0093,995774-1,721
Interest Payable000000000000000
Interest Receivable00000001315814442742214147
Pre-Tax Profit47,184-25,02165,374-45,64150,93215,5332,2883,146-55,947-40,92714,384281,4304,009789-1,714
Tax-11,7960-12,4210-9,677-2,951-435-62900-3,308-67,543-1,042-2210
Profit After Tax35,388-25,02152,953-45,64141,25512,5821,8532,517-55,947-40,92711,076213,8872,967568-1,714
Dividends Paid000000000000000
Retained Profit35,388-25,02152,953-45,64141,25512,5821,8532,517-55,947-40,92711,076213,8872,967568-1,714
Employee Costs127,972110,02198,808105,686113,023171,087228,484271,148161,186153,000350,942234,94597,621238,9170
Number Of Employees222223453375250
EBITDA*47,184-25,02165,374-45,64150,93215,5332,2883,133-52,664-36,28116,247282,1174,8712,1492,427

* Earnings Before Interest, Tax, Depreciation and Amortisation

Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Tangible Assets3756139761091703,1546,3069,6624937832605211,3972,272
Intangible Assets00000000004,5006,5007,0007,5008,000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets3756139761091703,1546,3069,6624935,2836,7607,5218,89710,272
Stock & work in progress0000000008508508502,3502,3502,350
Trade Debtors266,792222,008241,383228,136301,733195,356193,674181,98082,72384,477252,779154,94659,328176,325162,404
Group Debtors000000000000000
Misc Debtors000000000000000
Cash0000000010,57052,5045,024165,8402,7972,8862,905
misc current assets00000001,119116,908116,908116,908116,908116,90800
total current assets266,792222,008241,383228,136301,733195,356193,674183,099210,201254,739375,561438,544181,383181,561167,659
total assets267,167222,069241,780228,746302,650195,356196,828189,405219,863255,232380,844445,304188,904190,458177,931
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 61,37151,66146,35186,270114,53348,49462,54856,97889,85369,275153,960229,496132,197128,472176,579
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities000000000000000
total current liabilities61,37151,66146,35186,270114,53348,49462,54856,97889,85369,275153,960229,496132,197128,472176,579
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities00000000000054,78663,0322,966
provisions000000000000000
total long term liabilities00000000000054,78663,0322,966
total liabilities61,37151,66146,35186,270114,53348,49462,54856,97889,85369,275153,960229,496186,983191,504179,545
net assets205,796170,408195,429142,476188,117146,862134,280132,427130,010185,957226,884215,8081,921-1,046-1,614
total shareholders funds205,796170,408195,429142,476188,117146,862134,280132,427130,010185,957226,884215,8081,921-1,046-1,614
Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Operating Activities
Operating Profit47,184-25,02165,374-45,64150,93215,5332,2883,133-56,105-41,07113,957281,0093,995774-1,721
Depreciation000000003,4412902906088768752,148
Amortisation0000000004,5002,00050005002,000
Tax-11,7960-12,4210-9,677-2,951-435-62900-3,308-67,543-1,042-2210
Stock00000000-85000-1,500002,350
Debtors44,784-19,37513,247-73,597106,3771,68211,69499,257-1,754-168,30297,83395,618-116,99713,921162,404
Creditors9,7105,310-39,919-28,26366,039-14,0545,570-32,87520,578-84,685-75,53697,2993,725-48,107176,579
Accruals and Deferred Income000000000000000
Deferred Taxes & Provisions000000000000000
Cash flow from operations314-336-213-307917-3,154-4,271-129,628-29,48247,336-160,430217,755124,551-60,10014,252
Investing Activities
capital expenditure-314336213307-9173,1543,1523,356-12,6100-813-3475000-14,420
Change in Investments000000000000000
cash flow from investments-314336213307-9173,1543,1523,356-12,6100-813-3475000-14,420
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities00000000000-54,786-8,24660,0662,966
share issue0000000-100000000100
interest00000001315814442742214147
cash flow from financing0000000-87158144427-54,364-8,23260,0803,073
cash and cash equivalents
cash0000000-10,570-41,93447,480-160,816163,043-89-192,905
overdraft000000000000000
change in cash0000000-10,570-41,93447,480-160,816163,043-89-192,905

kit grover 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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Kit Grover Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for kit grover limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in W1T area or any other competitors across 12 key performance metrics.

kit grover limited Ownership

KIT GROVER LIMITED group structure

Kit Grover Limited has no subsidiary companies.

Ultimate parent company

KIT GROVER LIMITED

04936202

KIT GROVER LIMITED Shareholders

christopher grover 80%
hilary mary arnold 20%

kit grover limited directors

Kit Grover Limited currently has 2 directors. The longest serving directors include Mr Christopher Grover (Oct 2003) and Ms Hilary Arnold (May 2007).

officercountryagestartendrole
Mr Christopher GroverUnited Kingdom68 years Oct 2003- Director
Ms Hilary ArnoldEngland73 years May 2007- Director

P&L

October 2023

turnover

562k

+11%

operating profit

47.2k

0%

gross margin

42.6%

-7.24%

turnover

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

Balance Sheet

October 2023

net assets

205.8k

+0.21%

total assets

267.2k

+0.2%

cash

0

0%

net assets

Total assets minus all liabilities

kit grover limited company details

company number

04936202

Type

Private limited with Share Capital

industry

70210 - Public relations and communication activities

incorporation date

October 2003

age

22

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

October 2023

previous names

N/A

accountant

-

auditor

-

address

27 mortimer street, london, W1T 3BL

Bank

-

Legal Advisor

-

kit grover 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 kit grover limited. Currently there are 1 open charges and 0 have been satisfied in the past.

kit grover 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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kit grover limited Companies House Filings - See Documents

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