Pomanda estimates the enterprise value of K S TIMBER LTD at £1.7m based on a Turnover of £5.2m and 0.33x industry multiple (adjusted for size and gross margin).
k s timber ltdEstimated Valuation
£996k
Pomanda estimates the enterprise value of K S TIMBER LTD at £996k based on an EBITDA of £287.2k and a 3.47x industry multiple (adjusted for size and gross margin).
k s timber ltdEstimated Valuation
£4.2m
Pomanda estimates the enterprise value of K S TIMBER LTD at £4.2m based on Net Assets of £2.1m and 1.99x industry multiple (adjusted for liquidity).
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K S Timber LtdOverview
K S Timber Ltd is a live company located in stanford le hope, SS17 0EQ with a Companies House number of 05687457. It operates in the agents involved in the sale of timber and building materials sector, SIC Code 46130. Founded in January 2006, it's largest shareholder is
carol wager
with a 50% stake. K S Timber Ltd is a established,
mid sized company, Pomanda has estimated its turnover at
£5.2m with
declining
growth in recent years.
Pomanda's financial health check has awarded K S Timber Ltd a 4.5 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
Health Rating4.5out of 5
4 Strong
3 Regular
5 Weak
Size
annual sales of £5.2m, make it smaller than the average company (£12.6m)
£5.2m - K S Timber Ltd
£12.6m - Industry AVG
Growth
3 year (CAGR) sales growth of -5%, show it is growing at a slower rate (10.3%)
-5% - K S Timber Ltd
10.3% - Industry AVG
Production
with a gross margin of 21%, this company has a comparable cost of product (26.1%)
21% - K S Timber Ltd
26.1% - Industry AVG
Profitability
an operating margin of 4% make it as profitable than the average company (4%)
4% - K S Timber Ltd
4% - Industry AVG
Employees
with 20 employees, this is below the industry average (31)
20 - K S Timber Ltd
31 - Industry AVG
Pay Structure
on an average salary of £38.2k, the company has an equivalent pay structure (£38.2k)
£38.2k - K S Timber Ltd
£38.2k - Industry AVG
Efficiency
resulting in sales per employee of £259.9k, this is less efficient (£326.6k)
£259.9k - K S Timber Ltd
£326.6k - Industry AVG
Debtor Days
it gets paid by customers after 74 days, this is later than average (48 days)
74 days - K S Timber Ltd
48 days - Industry AVG
Creditor Days
its suppliers are paid after 144 days, this is slower than average (43 days)
144 days - K S Timber Ltd
43 days - Industry AVG
Stock Days
it holds stock equivalent to 40 days, this is less than average (59 days)
40 days - K S Timber Ltd
59 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 14 weeks, this is more cash available to meet short term requirements (3 weeks)
14 weeks - K S Timber Ltd
3 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 50.1%, this is a lower level of debt than the average (57.1%)
50.1% - K S Timber Ltd
57.1% - Industry AVG
K S TIMBER LTD financials
EXPORT
K S Timber Ltd's latest turnover from March 2024 is estimated at £5.2 million and the company has net assets of £2.1 million. According to their latest financial statements, K S Timber Ltd has 20 employees and maintains cash reserves of £455 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Turnover
5,198,579
5,778,905
6,259,761
5,987,024
5,742,010
5,452,560
4,644,384
4,788,718
4,468,448
5,253,292
4,482,338
2,768,982
1,513,784
360,131
204,416
Other Income Or Grants
Cost Of Sales
4,109,505
4,511,968
4,906,703
4,779,347
4,593,156
4,357,194
3,678,541
3,811,306
3,571,336
4,216,103
3,598,806
2,214,205
1,195,575
287,081
161,195
Gross Profit
1,089,074
1,266,937
1,353,058
1,207,677
1,148,854
1,095,366
965,842
977,412
897,112
1,037,188
883,532
554,777
318,210
73,049
43,221
Admin Expenses
883,479
916,294
573,854
973,225
1,102,327
1,018,417
847,600
851,510
803,093
992,305
876,600
521,322
285,526
71,970
-147,240
Operating Profit
205,595
350,643
779,204
234,452
46,527
76,949
118,242
125,902
94,019
44,883
6,932
33,455
32,684
1,079
190,461
Interest Payable
30,509
20,092
51,745
97,035
89,320
62,133
16,446
Interest Receivable
16,549
9,584
1,199
37
26
87
3
7
14
101
107
46
90
55
4
Pre-Tax Profit
222,144
329,717
760,311
234,489
46,553
25,290
21,210
36,589
31,900
28,538
7,039
33,501
32,774
1,133
190,465
Tax
-55,536
-62,646
-144,459
-44,553
-8,845
-4,805
-4,030
-7,318
-6,380
-5,993
-1,619
-8,040
-8,521
-317
-53,330
Profit After Tax
166,608
267,071
615,852
189,936
37,708
20,485
17,180
29,271
25,520
22,545
5,420
25,461
24,253
816
137,135
Dividends Paid
Retained Profit
166,608
267,071
615,852
189,936
37,708
20,485
17,180
29,271
25,520
22,545
5,420
25,461
24,253
816
137,135
Employee Costs
763,558
1,011,084
991,290
965,652
940,357
922,358
888,379
828,571
800,018
415,556
397,153
251,551
140,306
51,460
25,007
Number Of Employees
20
27
27
27
27
27
27
27
27
14
14
9
5
2
1
EBITDA*
287,241
394,346
861,832
301,845
115,660
152,637
216,238
181,450
154,267
93,606
51,595
72,290
45,465
12,372
201,754
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Tangible Assets
2,206,270
2,273,026
1,964,401
1,992,451
1,869,314
1,885,829
1,924,834
1,980,143
2,005,417
1,917,671
1,036,019
505,720
500,239
339,705
343,998
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
1,178,905
Total Fixed Assets
2,206,270
2,273,026
1,964,401
1,992,451
1,869,314
3,064,734
1,924,834
1,980,143
2,005,417
1,917,671
1,036,019
505,720
500,239
339,705
343,998
Stock & work in progress
454,526
833,999
827,183
675,574
462,548
600,851
667,468
439,857
368,455
483,846
333,132
278,342
226,487
3,760
18,699
Trade Debtors
1,065,886
1,042,961
1,609,183
1,223,060
1,194,817
1,114,108
1,253,643
1,087,598
1,209,798
1,036,050
576,420
264,328
83,056
32,562
Group Debtors
Misc Debtors
Cash
454,998
175,430
275,565
44,209
29,495
22,503
690
461
5,112
483
40,077
2,743
15,813
20,150
1,785
misc current assets
total current assets
1,975,410
2,052,390
2,711,931
1,942,843
1,686,860
623,354
1,782,266
1,693,961
1,461,165
1,694,127
1,409,259
857,505
506,628
106,966
53,046
total assets
4,181,680
4,325,416
4,676,332
3,935,294
3,556,174
3,688,088
3,707,100
3,674,104
3,466,582
3,611,798
2,445,278
1,363,225
1,006,867
446,671
397,044
Bank overdraft
55,980
820,440
620,781
534,836
Bank loan
Trade Creditors
1,628,145
1,861,077
1,624,694
2,289,703
2,167,594
2,247,850
1,048,656
1,086,316
956,192
1,713,424
1,589,108
1,040,123
712,054
158,490
103,895
Group/Directors Accounts
463,154
251,289
265,789
238,372
other short term finances
hp & lease commitments
64,869
other current liabilities
273,046
82,675
95,412
121,443
total current liabilities
1,628,145
1,861,077
2,481,743
2,289,703
2,167,594
2,247,850
2,203,060
2,068,298
1,850,843
1,713,424
1,589,108
1,040,123
712,054
158,490
103,895
loans
539,327
712,759
831,705
870,909
506,035
hp & lease commitments
Accruals and Deferred Income
other liabilities
464,594
542,006
606,181
539,106
628,472
722,029
588,083
60,435
132,607
150,228
156,012
provisions
total long term liabilities
464,594
542,006
539,327
606,181
539,106
628,472
712,759
831,705
870,909
1,228,064
588,083
60,435
132,607
150,228
156,012
total liabilities
2,092,739
2,403,083
3,021,070
2,895,884
2,706,700
2,876,322
2,915,819
2,900,003
2,721,752
2,941,488
2,177,191
1,100,558
844,661
308,718
259,907
net assets
2,088,941
1,922,333
1,655,262
1,039,410
849,474
811,766
791,281
774,101
744,830
670,310
268,087
262,667
162,206
137,953
137,137
total shareholders funds
2,088,941
1,922,333
1,655,262
1,039,410
849,474
811,766
791,281
774,101
744,830
670,310
268,087
262,667
162,206
137,953
137,137
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Operating Activities
Operating Profit
205,595
350,643
779,204
234,452
46,527
76,949
118,242
125,902
94,019
44,883
6,932
33,455
32,684
1,079
190,461
Depreciation
81,646
43,703
82,628
67,393
69,133
75,688
97,996
55,548
60,248
48,723
44,663
38,835
12,781
11,293
11,293
Amortisation
Tax
-55,536
-62,646
-144,459
-44,553
-8,845
-4,805
-4,030
-7,318
-6,380
-5,993
-1,619
-8,040
-8,521
-317
-53,330
Stock
-379,473
6,816
151,609
213,026
-138,303
-66,617
227,611
71,402
-115,391
150,714
54,790
51,855
222,727
-14,939
18,699
Debtors
22,925
-566,222
386,123
28,243
15,912
64,797
-139,535
166,045
-122,200
173,748
459,630
312,092
181,272
50,494
32,562
Creditors
-232,932
236,383
-665,009
122,109
-80,256
1,199,194
-37,660
130,124
-757,232
124,316
548,985
328,069
553,564
54,595
103,895
Accruals and Deferred Income
-273,046
273,046
-82,675
-12,737
-26,031
121,443
Deferred Taxes & Provisions
Cash flow from operations
355,321
854,443
-212,322
138,132
148,950
1,266,171
73,735
40,778
-250,311
-112,533
84,541
28,372
186,509
31,095
201,058
Investing Activities
capital expenditure
-14,890
-352,328
-54,578
-190,530
-52,618
-36,683
-42,687
-30,274
-147,994
-930,375
-574,962
-44,316
-173,315
-7,000
-355,291
Change in Investments
cash flow from investments
-14,890
-352,328
-54,578
-190,530
-52,618
-36,683
-42,687
-30,274
-147,994
-930,375
-574,962
-44,316
-173,315
-7,000
-355,291
Financing Activities
Bank loans
Group/Directors Accounts
-463,154
463,154
-251,289
-14,500
27,417
238,372
Other Short Term Loans
Long term loans
-539,327
539,327
-712,759
-118,946
-39,204
364,874
506,035
Hire Purchase and Lease Commitments
-64,869
64,869
other long term liabilities
-77,412
542,006
-606,181
67,075
-89,366
628,472
-722,029
133,946
527,648
-72,172
-17,621
-5,784
156,012
share issue
49,000
379,678
75,000
2
interest
16,549
-20,925
-18,893
37
26
-51,658
-97,032
-89,313
-62,119
-16,345
107
46
90
55
4
cash flow from financing
-60,863
-546,269
442,276
67,112
-89,340
-387,234
-230,478
-101,100
-131,902
1,003,314
527,755
2,874
-17,531
-5,729
156,018
cash and cash equivalents
cash
279,568
-100,135
231,356
14,714
6,992
21,813
229
-4,651
4,629
-39,594
37,334
-13,070
-4,337
18,365
1,785
overdraft
-55,980
55,980
-820,440
199,659
85,945
534,836
change in cash
279,568
-44,155
175,376
14,714
6,992
842,253
-199,430
-90,596
-530,207
-39,594
37,334
-13,070
-4,337
18,365
1,785
k s timber ltd 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 k s timber ltd. Get real-time insights into k s timber ltd's credit score, group structure and payment trends.
Perform a competitor analysis for k s timber ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mid companies, companies in SS17 area or any other competitors across 12 key performance metrics.
k s timber ltd Ownership
K S TIMBER LTD group structure
K S Timber Ltd has no subsidiary companies.
Ultimate parent company
K S TIMBER LTD
05687457
K S TIMBER LTD Shareholders
The largest shareholders in K S Timber Ltd include Carol Wager and Kevin David Sorenson.
carol wager
50%
kevin david sorenson
50%
k s timber ltd directors
K S Timber Ltd currently has 2 directors.
The longest serving directors include
Mr Kevin Sorenson (Jan 2006) and
Mrs Carol Wager (Jul 2012).
46130 - Agents involved in the sale of timber and building materials
incorporation date
January 2006
age
19
incorporated
UK
ultimate parent company
None
accounts
Unaudited Abridged
last accounts submitted
March 2024
previous names
k&s timber limited (January 2011)
k & s pallets frame & case makers ltd (January 2011)
accountant
-
auditor
-
address
the timber yard, the warren wharf road, stanford le hope, essex, SS17 0EQ
Bank
-
Legal Advisor
-
k s timber ltd 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 4 charges/mortgages relating to k s timber ltd. Currently there are 3 open charges and 1 have been satisfied in the past.
k s timber ltd 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 S TIMBER LTD. This can take several minutes, an email will notify you when this has completed.
k s timber ltdCompanies House Filings - See Documents
