key let 2 limited

key let 2 limited Company Information

Share KEY LET 2 LIMITED
Live 
EstablishedMicroRapid

Company Number

05433407

Industry

Activities of head offices

 

Directors

Emma Vidler

Shareholders

emma vidler

Group Structure

View All

Contact

Registered Address

churchgate house, 3 church road, whitchurch, cardiff, CF14 2DX

Website

-

key let 2 limited Estimated Valuation

£54k

Pomanda estimates the enterprise value of KEY LET 2 LIMITED at £54k based on a Turnover of £134k and 0.4x industry multiple (adjusted for size and gross margin).

key let 2 limited Estimated Valuation

£0

Pomanda estimates the enterprise value of KEY LET 2 LIMITED at £0 based on an EBITDA of £0 and a 3.05x industry multiple (adjusted for size and gross margin).

key let 2 limited Estimated Valuation

£15.1k

Pomanda estimates the enterprise value of KEY LET 2 LIMITED at £15.1k based on Net Assets of £7.6k and 1.99x industry multiple (adjusted for liquidity).

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Key Let 2 Limited Overview

Key Let 2 Limited is a live company located in cardiff, CF14 2DX with a Companies House number of 05433407. It operates in the activities of head offices sector, SIC Code 70100. Founded in April 2005, it's largest shareholder is emma vidler with a 100% stake. Key Let 2 Limited is a established, micro sized company, Pomanda has estimated its turnover at £134k with rapid growth in recent years.

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Key Let 2 Limited Health Check

Pomanda's financial health check has awarded Key Let 2 Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £134k, make it smaller than the average company (£20m)

£134k - Key Let 2 Limited

£20m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 43%, show it is growing at a faster rate (6.2%)

43% - Key Let 2 Limited

6.2% - Industry AVG

production

Production

with a gross margin of 18.7%, this company has a higher cost of product (33.1%)

18.7% - Key Let 2 Limited

33.1% - Industry AVG

profitability

Profitability

There is insufficient data available for this Key Performance Indicator!

- - Key Let 2 Limited

- - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (110)

1 - Key Let 2 Limited

110 - Industry AVG

paystructure

Pay Structure

on an average salary of £47.6k, the company has an equivalent pay structure (£47.6k)

£47.6k - Key Let 2 Limited

£47.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £134k, this is less efficient (£198.5k)

£134k - Key Let 2 Limited

£198.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 89 days, this is later than average (45 days)

89 days - Key Let 2 Limited

45 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 110 days, this is slower than average (44 days)

110 days - Key Let 2 Limited

44 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Key Let 2 Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Key Let 2 Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 81.3%, this is a higher level of debt than the average (55.7%)

81.3% - Key Let 2 Limited

55.7% - Industry AVG

KEY LET 2 LIMITED financials

EXPORTms excel logo

Key Let 2 Limited's latest turnover from November 2023 is estimated at £134 thousand and the company has net assets of £7.6 thousand. According to their latest financial statements, Key Let 2 Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015Nov 2014Nov 2013Nov 2012Nov 2011Nov 2010Nov 2009
Turnover133,99149,74842,66745,6661000000101010100
Other Income Or Grants000000000000000
Cost Of Sales108,94540,24335,08437,09280000088880
Gross Profit25,0479,5067,5838,57520000022220
Admin Expenses25,0479,5067,5838,575-9,3510000022220
Operating Profit00009,3530000000000
Interest Payable000000000000000
Interest Receivable000000000000000
Pre-Tax Profit00009,3530000000000
Tax0000-1,7770000000000
Profit After Tax00007,5760000000000
Dividends Paid000000000000000
Retained Profit00007,5760000000000
Employee Costs47,58444,51041,65341,68941,4240000034,60834,12833,67433,3900
Number Of Employees111110000011110
EBITDA*00009,3530000000000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015Nov 2014Nov 2013Nov 2012Nov 2011Nov 2010Nov 2009
Tangible Assets7,5747,5747,5747,5747,5740000000007,574
Intangible Assets000000000000000
Investments & Other000007,5747,5747,5747,5747,5747,5747,5747,5747,5740
Debtors (Due After 1 year)000000000000000
Total Fixed Assets7,5747,5747,5747,5747,5747,5747,5747,5747,5747,5747,5747,5747,5747,5747,574
Stock & work in progress000000000000000
Trade Debtors32,88922220000022222
Group Debtors000000000000000
Misc Debtors000000000000000
Cash000002222200000
misc current assets000000000000000
total current assets32,88922222222222222
total assets40,4637,5767,5767,5767,5767,5767,5767,5767,5767,5767,5767,5767,5767,5767,576
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 32,88700000000000000
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities000000000000000
total current liabilities32,88700000000000000
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions000000000000000
total long term liabilities000000000000000
total liabilities32,88700000000000000
net assets7,5767,5767,5767,5767,5767,5767,5767,5767,5767,5767,5767,5767,5767,5767,576
total shareholders funds7,5767,5767,5767,5767,5767,5767,5767,5767,5767,5767,5767,5767,5767,5767,576
Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015Nov 2014Nov 2013Nov 2012Nov 2011Nov 2010Nov 2009
Operating Activities
Operating Profit00009,3530000000000
Depreciation000000000000000
Amortisation000000000000000
Tax0000-1,7770000000000
Stock000000000000000
Debtors32,88700020000-200002
Creditors32,88700000000000000
Accruals and Deferred Income000000000000000
Deferred Taxes & Provisions000000000000000
Cash flow from operations00007,574000020000-2
Investing Activities
capital expenditure0000-7,574000000007,574-7,574
Change in Investments0000-7,574000000007,5740
cash flow from investments00000000000000-7,574
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue0000-7,5760000000007,576
interest000000000000000
cash flow from financing0000-7,5760000000007,576
cash and cash equivalents
cash0000-20000200000
overdraft000000000000000
change in cash0000-20000200000

key let 2 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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Key Let 2 Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for key let 2 limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in CF14 area or any other competitors across 12 key performance metrics.

key let 2 limited Ownership

KEY LET 2 LIMITED group structure

Key Let 2 Limited has 1 subsidiary company.

Ultimate parent company

KEY LET 2 LIMITED

05433407

1 subsidiary

KEY LET 2 LIMITED Shareholders

emma vidler 100%

key let 2 limited directors

Key Let 2 Limited currently has 1 director, Mrs Emma Vidler serving since Apr 2005.

officercountryagestartendrole
Mrs Emma VidlerWales51 years Apr 2005- Director

P&L

November 2023

turnover

134k

+169%

operating profit

0

0%

gross margin

18.7%

-2.17%

turnover

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

Balance Sheet

November 2023

net assets

7.6k

0%

total assets

40.5k

+4.34%

cash

0

0%

net assets

Total assets minus all liabilities

key let 2 limited company details

company number

05433407

Type

Private limited with Share Capital

industry

70100 - Activities of head offices

incorporation date

April 2005

age

19

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

November 2023

previous names

N/A

accountant

-

auditor

-

address

churchgate house, 3 church road, whitchurch, cardiff, CF14 2DX

Bank

-

Legal Advisor

-

key let 2 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 key let 2 limited.

key let 2 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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key let 2 limited Companies House Filings - See Documents

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