k&g lettings limited

Live EstablishedMicroHigh

k&g lettings limited Company Information

Share K&G LETTINGS LIMITED

Company Number

05699597

Shareholders

micheal richard wainman

kerry wainman

Group Structure

View All

Industry

Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

 

Registered Address

woodlands, main road,, scalby,, gilberdyke, brough, HU15 2UU

k&g lettings limited Estimated Valuation

£557.4k

Pomanda estimates the enterprise value of K&G LETTINGS LIMITED at £557.4k based on a Turnover of £230.1k and 2.42x industry multiple (adjusted for size and gross margin).

k&g lettings limited Estimated Valuation

£185.2k

Pomanda estimates the enterprise value of K&G LETTINGS LIMITED at £185.2k based on an EBITDA of £39.1k and a 4.74x industry multiple (adjusted for size and gross margin).

k&g lettings limited Estimated Valuation

£161.8k

Pomanda estimates the enterprise value of K&G LETTINGS LIMITED at £161.8k based on Net Assets of £92.7k and 1.75x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

K&g Lettings Limited Overview

K&g Lettings Limited is a live company located in brough, HU15 2UU with a Companies House number of 05699597. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in February 2006, it's largest shareholder is micheal richard wainman with a 51% stake. K&g Lettings Limited is a established, micro sized company, Pomanda has estimated its turnover at £230.1k with high growth in recent years.

View Sample
View Sample
View Sample

Upgrade for unlimited company reports & a free credit check

K&g Lettings Limited Health Check

Pomanda's financial health check has awarded K&G Lettings Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 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

7 Weak

size

Size

annual sales of £230.1k, make it smaller than the average company (£955.1k)

£230.1k - K&g Lettings Limited

£955.1k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 29%, show it is growing at a faster rate (4.8%)

29% - K&g Lettings Limited

4.8% - Industry AVG

production

Production

with a gross margin of 31.4%, this company has a higher cost of product (72.4%)

31.4% - K&g Lettings Limited

72.4% - Industry AVG

profitability

Profitability

an operating margin of 17% make it less profitable than the average company (25.6%)

17% - K&g Lettings Limited

25.6% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (4)

2 - K&g Lettings Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £32.6k, the company has an equivalent pay structure (£32.6k)

£32.6k - K&g Lettings Limited

£32.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £115k, this is less efficient (£185.8k)

£115k - K&g Lettings Limited

£185.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 63 days, this is later than average (32 days)

63 days - K&g Lettings Limited

32 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 765 days, this is slower than average (37 days)

765 days - K&g Lettings Limited

37 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - K&g Lettings Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - K&g Lettings Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 92.2%, this is a higher level of debt than the average (68.2%)

92.2% - K&g Lettings Limited

68.2% - Industry AVG

K&G LETTINGS LIMITED financials

EXPORTms excel logo

K&G Lettings Limited's latest turnover from February 2024 is estimated at £230.1 thousand and the company has net assets of £92.7 thousand. According to their latest financial statements, K&G Lettings Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011Feb 2010
Turnover230,060213,665143,310106,530124,178134,388118,42962,7259,76410,38411,43610,2778,5157,3388,889
Other Income Or Grants
Cost Of Sales157,819153,340103,61076,17889,72194,83183,11742,0966,9007,5158,3497,6456,2545,3046,677
Gross Profit72,24160,32539,70030,35134,45739,55735,31220,6292,8642,8693,0862,6322,2612,0342,213
Admin Expenses33,14929,47112,48120,17836,99422,44542,32519,913-15,916-13,128-5,850-1,507-982-10,02614,299
Operating Profit39,09230,85427,21910,173-2,53717,112-7,01371618,78015,9978,9364,1393,24312,060-12,086
Interest Payable6,43413,63813,9567,010
Interest Receivable73330252724155
Pre-Tax Profit39,09230,85427,21910,173-2,53717,112-7,013-5,7115,1752,0711,9514,1663,26812,075-12,081
Tax-9,773-5,862-5,172-1,933-3,251-1,035-435-449-1,000-850-3,381
Profit After Tax29,31924,99222,0478,240-2,53713,861-7,013-5,7114,1401,6361,5023,1662,4188,694-12,081
Dividends Paid
Retained Profit29,31924,99222,0478,240-2,53713,861-7,013-5,7114,1401,6361,5023,1662,4188,694-12,081
Employee Costs65,11161,74459,72953,83256,58227,38326,46525,79426,53326,00024,75024,00023,86823,32225,409
Number Of Employees222221111111111
EBITDA*39,09230,85427,21910,173-2,53717,112-7,01371619,27516,6339,7625,0994,24113,370-10,357

* Earnings Before Interest, Tax, Depreciation and Amortisation

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011Feb 2010
Tangible Assets1,144,001974,929922,721720,952644,629521,180563,455365,630236,431236,926237,562237,815237,216237,653238,963
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets1,144,001974,929922,721720,952644,629521,180563,455365,630236,431236,926237,562237,815237,216237,653238,963
Stock & work in progress
Trade Debtors40,07049,82822,67310,0145,94418,3326,1164,893296298750748694468399
Group Debtors
Misc Debtors
Cash5,8807,3114,8025,1065,6913,9402,153
misc current assets
total current assets40,07049,82822,67310,0145,94418,3326,1164,8936,1767,6095,5525,8546,3854,4082,552
total assets1,184,0711,024,757945,394730,966650,573539,512569,571370,523242,607244,535243,114243,669243,601242,061241,515
Bank overdraft
Bank loan
Trade Creditors 331,036244,774246,992228,615246,358185,218324,677162,97427,37225,59023,85520,66216,58918,74218,311
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities331,036244,774246,992228,615246,358185,218324,677162,97427,37225,59023,85520,66216,58918,74218,311
loans205,885213,735215,685
hp & lease commitments
Accruals and Deferred Income
other liabilities760,362716,629660,040486,036396,140343,682248,143203,785220,935228,106226,606235,185
provisions
total long term liabilities760,362716,629660,040486,036396,140343,682248,143203,785205,885213,735215,685220,935228,106226,606235,185
total liabilities1,091,398961,403907,032714,651642,498528,900572,820366,759233,257239,325239,540241,597244,695245,348253,496
net assets92,67363,35438,36216,3158,07510,612-3,2493,7649,3505,2103,5742,072-1,094-3,287-11,981
total shareholders funds92,67363,35438,36216,3158,07510,612-3,2493,7649,3505,2103,5742,072-1,094-3,287-11,981
Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011Feb 2010
Operating Activities
Operating Profit39,09230,85427,21910,173-2,53717,112-7,01371618,78015,9978,9364,1393,24312,060-12,086
Depreciation4956368269609981,3101,729
Amortisation
Tax-9,773-5,862-5,172-1,933-3,251-1,035-435-449-1,000-850-3,381
Stock
Debtors-9,75827,15512,6594,070-12,38812,2161,2234,597-2-45225422669399
Creditors86,262-2,21818,377-17,74361,140-139,459161,703135,6021,7821,7353,1934,073-2,15343118,311
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations125,339-4,38127,765-13,57370,991-137,814153,467131,72120,02418,38512,5048,1181,01210,3517,555
Investing Activities
capital expenditure-169,072-52,208-201,769-76,323-123,44942,275-197,825-129,199-573-1,559-561-240,692
Change in Investments
cash flow from investments-169,072-52,208-201,769-76,323-123,44942,275-197,825-129,199-573-1,559-561-240,692
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans-205,885-7,850-1,950215,685
Hire Purchase and Lease Commitments
other long term liabilities43,73356,589174,00489,89652,45895,53944,358203,785-220,935-7,1711,500-8,579235,185
share issue125-225100
interest-6,427-13,605-13,926-6,9852724155
cash flow from financing43,73356,589174,00489,89652,45895,53944,358-8,402-21,455-15,876-12,235-7,1441,299-8,564235,290
cash and cash equivalents
cash-5,880-1,4312,509-304-5851,7511,7872,153
overdraft
change in cash-5,880-1,4312,509-304-5851,7511,7872,153

k&g lettings 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 k&g lettings limited. Get real-time insights into k&g lettings limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

K&g Lettings Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for k&g lettings limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in HU15 area or any other competitors across 12 key performance metrics.

k&g lettings limited Ownership

K&G LETTINGS LIMITED group structure

K&G Lettings Limited has no subsidiary companies.

Ultimate parent company

K&G LETTINGS LIMITED

05699597

K&G LETTINGS LIMITED Shareholders

micheal richard wainman 51%
kerry wainman 49%

k&g lettings limited directors

K&G Lettings Limited currently has 2 directors. The longest serving directors include Mr Gary Wainman (Feb 2006) and Kerry Wainman (Aug 2006).

officercountryagestartendrole
Mr Gary Wainman44 years Feb 2006- Director
Kerry Wainman43 years Aug 2006- Director

P&L

February 2024

turnover

230.1k

+8%

operating profit

39.1k

0%

gross margin

31.5%

+11.22%

turnover

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

Balance Sheet

February 2024

net assets

92.7k

+0.46%

total assets

1.2m

+0.16%

cash

0

0%

net assets

Total assets minus all liabilities

k&g lettings limited company details

company number

05699597

Type

Private limited with Share Capital

industry

68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

incorporation date

February 2006

age

19

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

February 2024

previous names

N/A

accountant

-

auditor

-

address

woodlands, main road,, scalby,, gilberdyke, brough, HU15 2UU

Bank

-

Legal Advisor

-

k&g lettings 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 16 charges/mortgages relating to k&g lettings limited. Currently there are 16 open charges and 0 have been satisfied in the past.

k&g lettings 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.

Click to start generating capital raising & share issue transactions for K&G LETTINGS LIMITED. This can take several minutes, an email will notify you when this has completed.

k&g lettings limited Companies House Filings - See Documents

datedescriptionview/download