k2 kommunications limited

k2 kommunications limited Company Information

Share K2 KOMMUNICATIONS LIMITED
Live 
MatureMicroDeclining

Company Number

04943925

Industry

Retail sale of mobile telephones in specialised stores

 

Shareholders

k.d. khanbhai

k. mohammedi

Group Structure

View All

Contact

Registered Address

4 harthill street, manchester, M8 8AG

k2 kommunications limited Estimated Valuation

£84.6k

Pomanda estimates the enterprise value of K2 KOMMUNICATIONS LIMITED at £84.6k based on a Turnover of £305.8k and 0.28x industry multiple (adjusted for size and gross margin).

k2 kommunications limited Estimated Valuation

£0

Pomanda estimates the enterprise value of K2 KOMMUNICATIONS LIMITED at £0 based on an EBITDA of £0 and a 3.15x industry multiple (adjusted for size and gross margin).

k2 kommunications limited Estimated Valuation

£0

Pomanda estimates the enterprise value of K2 KOMMUNICATIONS LIMITED at £0 based on Net Assets of £-48.5k and 3.71x industry multiple (adjusted for liquidity).

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K2 Kommunications Limited Overview

K2 Kommunications Limited is a live company located in manchester, M8 8AG with a Companies House number of 04943925. It operates in the retail sale of mobile telephones sector, SIC Code 47421. Founded in October 2003, it's largest shareholder is k.d. khanbhai with a 50% stake. K2 Kommunications Limited is a mature, micro sized company, Pomanda has estimated its turnover at £305.8k with declining growth in recent years.

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K2 Kommunications Limited Health Check

Pomanda's financial health check has awarded K2 Kommunications Limited a 2.5 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 Rating2.5out of 5
positive_score

3 Strong

positive_score

1 Regular

positive_score

5 Weak

size

Size

annual sales of £305.8k, make it larger than the average company (£103.1k)

£305.8k - K2 Kommunications Limited

£103.1k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -10%, show it is growing at a slower rate (1.9%)

-10% - K2 Kommunications Limited

1.9% - Industry AVG

production

Production

with a gross margin of 18.4%, this company has a higher cost of product (28.4%)

18.4% - K2 Kommunications Limited

28.4% - Industry AVG

profitability

Profitability

There is insufficient data available for this Key Performance Indicator!

- - K2 Kommunications Limited

- - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (3)

2 - K2 Kommunications Limited

3 - Industry AVG

paystructure

Pay Structure

on an average salary of £22.5k, the company has an equivalent pay structure (£22.5k)

£22.5k - K2 Kommunications Limited

£22.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £152.9k, this is more efficient (£67.3k)

£152.9k - K2 Kommunications Limited

£67.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 71 days, this is later than average (27 days)

71 days - K2 Kommunications Limited

27 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 158 days, this is slower than average (32 days)

158 days - K2 Kommunications Limited

32 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - K2 Kommunications Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - K2 Kommunications Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 180.7%, this is a higher level of debt than the average (79.1%)

180.7% - K2 Kommunications Limited

79.1% - Industry AVG

K2 KOMMUNICATIONS LIMITED financials

EXPORTms excel logo

K2 Kommunications Limited's latest turnover from December 2023 is estimated at £305.8 thousand and the company has net assets of -£48.5 thousand. According to their latest financial statements, K2 Kommunications Limited has 2 employees and maintains cash reserves of 0 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
Turnover305,756281,176396,458422,069299,713484,183593,053669,108657,490441,475361,408161,037215,106169,8910
Other Income Or Grants000000000000000
Cost Of Sales249,662232,906356,550334,028236,228364,358446,027516,210494,983377,875301,778131,843173,294134,9040
Gross Profit56,09448,27039,90888,04063,485119,826147,026152,897162,50763,60059,63029,19441,81334,9860
Admin Expenses56,09448,27039,90888,04063,485119,826147,026152,897166,11065,07761,29230,71349,68961,4496,181
Operating Profit00000000-3,603-1,477-1,662-1,519-7,876-26,463-6,181
Interest Payable000000000000000
Interest Receivable0000000287610910732
Pre-Tax Profit00000003-3,595-1,470-1,656-1,410-7,769-26,460-6,179
Tax000000000000000
Profit After Tax00000002-3,595-1,470-1,656-1,410-7,769-26,460-6,179
Dividends Paid000000000000000
Retained Profit00000002-3,595-1,470-1,656-1,410-7,769-26,460-6,179
Employee Costs45,04247,47847,47843,79243,81849,56270,50073,67668,70343,40424,79123,81523,66723,6670
Number Of Employees222222333211110
EBITDA*00000000-3,603-1,477-22121-5,566-22,971-2,743

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets000000000069,01570,65572,29579,68082,756
Intangible Assets00000000000000416
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets000000000069,01570,65572,29579,68083,172
Stock & work in progress0000000000002,90024,98144,561
Trade Debtors60,15160,15160,15160,15160,15160,15160,15165,28563,47075,4700576807,3523,168
Group Debtors000000000000000
Misc Debtors000000000000000
Cash000000001,8151,2711,40799542,619250950
misc current assets000000000000000
total current assets60,15160,15160,15160,15160,15160,15160,15165,28565,28576,7411,4071,05246,19932,58348,679
total assets60,15160,15160,15160,15160,15160,15160,15165,28565,28576,74170,42271,707118,494112,263131,851
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 108,438108,438108,438108,438108,438108,438108,438113,822113,822104,02890,77684,735122,93098,67081,947
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities000000000000000
total current liabilities108,438108,438108,438108,438108,438108,438108,438113,822113,822104,02890,77684,735122,93098,67081,947
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income25025025025025025025000000000
other liabilities00000000017,65523,11828,78835,97046,23056,081
provisions000000000000000
total long term liabilities2502502502502502502500017,65523,11828,78835,97046,23056,081
total liabilities108,688108,688108,688108,688108,688108,688108,688113,822113,822121,683113,894113,523158,900144,900138,028
net assets-48,537-48,537-48,537-48,537-48,537-48,537-48,537-48,537-48,537-44,942-43,472-41,816-40,406-32,637-6,177
total shareholders funds-48,537-48,537-48,537-48,537-48,537-48,537-48,537-48,537-48,537-44,942-43,472-41,816-40,406-32,637-6,177
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit00000000-3,603-1,477-1,662-1,519-7,876-26,463-6,181
Depreciation00000000001,6401,6402,3103,0762,438
Amortisation00000000000004161,000
Tax000000000000000
Stock00000000000-2,900-22,081-19,58044,561
Debtors000000-5,1341,815-12,00075,470-57-623-6,6724,1843,168
Creditors000000-5,38409,79413,2526,041-38,19524,26016,72381,947
Accruals and Deferred Income00000025000000000
Deferred Taxes & Provisions000000000000000
Cash flow from operations0000000-1,81518,191-63,6956,076-34,55147,4479,14831,475
Investing Activities
capital expenditure00000000069,015005,0750-86,610
Change in Investments000000000000000
cash flow from investments00000000069,015005,0750-86,610
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities00000000-17,655-5,463-5,670-7,182-10,260-9,85156,081
share issue0000000-20000002
interest0000000287610910732
cash flow from financing00000000-17,647-5,456-5,664-7,073-10,153-9,84856,085
cash and cash equivalents
cash0000000-1,815544-136412-41,62442,369-700950
overdraft000000000000000
change in cash0000000-1,815544-136412-41,62442,369-700950

k2 kommunications 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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K2 Kommunications Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for k2 kommunications limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in M 8 area or any other competitors across 12 key performance metrics.

k2 kommunications limited Ownership

K2 KOMMUNICATIONS LIMITED group structure

K2 Kommunications Limited has no subsidiary companies.

Ultimate parent company

K2 KOMMUNICATIONS LIMITED

04943925

K2 KOMMUNICATIONS LIMITED Shareholders

k.d. khanbhai 50%
k. mohammedi 50%

k2 kommunications limited directors

K2 Kommunications Limited currently has 2 directors. The longest serving directors include Mr Khuzema Khanbhai (Nov 2003) and Mr Khuzaima Mohammedi (Nov 2003).

officercountryagestartendrole
Mr Khuzema Khanbhai52 years Nov 2003- Director
Mr Khuzaima MohammediEngland54 years Nov 2003- Director

P&L

December 2023

turnover

305.8k

+9%

operating profit

0

0%

gross margin

18.4%

+6.87%

turnover

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

Balance Sheet

December 2023

net assets

-48.5k

0%

total assets

60.2k

0%

cash

0

0%

net assets

Total assets minus all liabilities

k2 kommunications limited company details

company number

04943925

Type

Private limited with Share Capital

industry

47421 - Retail sale of mobile telephones in specialised stores

incorporation date

October 2003

age

22

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

December 2023

previous names

N/A

accountant

THE ACCOUNTANCY PEOPLE MANCHESTER LIMITED

auditor

-

address

4 harthill street, manchester, M8 8AG

Bank

-

Legal Advisor

-

k2 kommunications 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 2 charges/mortgages relating to k2 kommunications limited. Currently there are 2 open charges and 0 have been satisfied in the past.

k2 kommunications 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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k2 kommunications limited Companies House Filings - See Documents

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