keights precision tooling limited

keights precision tooling limited Company Information

Share KEIGHTS PRECISION TOOLING LIMITED
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EstablishedSmallDeclining

Company Number

05739569

Industry

Machining

 

Shareholders

mr nicholas mark keight

mr stephen john charles keight

Group Structure

View All

Contact

Registered Address

bays 1 & 2 trinity way, west bromwich, west midlands, B70 6NU

keights precision tooling limited Estimated Valuation

£184.8k

Pomanda estimates the enterprise value of KEIGHTS PRECISION TOOLING LIMITED at £184.8k based on a Turnover of £548.4k and 0.34x industry multiple (adjusted for size and gross margin).

keights precision tooling limited Estimated Valuation

£0

Pomanda estimates the enterprise value of KEIGHTS PRECISION TOOLING LIMITED at £0 based on an EBITDA of £-22k and a 2.69x industry multiple (adjusted for size and gross margin).

keights precision tooling limited Estimated Valuation

£477.9k

Pomanda estimates the enterprise value of KEIGHTS PRECISION TOOLING LIMITED at £477.9k based on Net Assets of £257.8k and 1.85x industry multiple (adjusted for liquidity).

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Keights Precision Tooling Limited Overview

Keights Precision Tooling Limited is a live company located in west midlands, B70 6NU with a Companies House number of 05739569. It operates in the machining sector, SIC Code 25620. Founded in March 2006, it's largest shareholder is mr nicholas mark keight with a 50% stake. Keights Precision Tooling Limited is a established, small sized company, Pomanda has estimated its turnover at £548.4k with declining growth in recent years.

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Keights Precision Tooling Limited Health Check

Pomanda's financial health check has awarded Keights Precision Tooling Limited a 2 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 Rating2out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £548.4k, make it smaller than the average company (£10.6m)

£548.4k - Keights Precision Tooling Limited

£10.6m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -8%, show it is growing at a slower rate (7.2%)

-8% - Keights Precision Tooling Limited

7.2% - Industry AVG

production

Production

with a gross margin of 18%, this company has a higher cost of product (28.4%)

18% - Keights Precision Tooling Limited

28.4% - Industry AVG

profitability

Profitability

an operating margin of -4% make it less profitable than the average company (6.4%)

-4% - Keights Precision Tooling Limited

6.4% - Industry AVG

employees

Employees

with 5 employees, this is below the industry average (81)

5 - Keights Precision Tooling Limited

81 - Industry AVG

paystructure

Pay Structure

on an average salary of £45.9k, the company has an equivalent pay structure (£45.9k)

£45.9k - Keights Precision Tooling Limited

£45.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £109.7k, this is less efficient (£143.2k)

£109.7k - Keights Precision Tooling Limited

£143.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 110 days, this is later than average (62 days)

110 days - Keights Precision Tooling Limited

62 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 52 days, this is slower than average (46 days)

52 days - Keights Precision Tooling Limited

46 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Keights Precision Tooling Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Keights Precision Tooling Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 20.1%, this is a lower level of debt than the average (47.7%)

20.1% - Keights Precision Tooling Limited

47.7% - Industry AVG

KEIGHTS PRECISION TOOLING LIMITED financials

EXPORTms excel logo

Keights Precision Tooling Limited's latest turnover from March 2024 is estimated at £548.5 thousand and the company has net assets of £257.8 thousand. According to their latest financial statements, Keights Precision Tooling Limited has 5 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover548,450576,053541,265695,484523,059589,613480,893494,092395,831408,943423,167283,365284,601130,689263,001
Other Income Or Grants000000000000000
Cost Of Sales449,681478,329449,892577,002422,464475,283383,287388,746305,150314,811326,363221,704221,759100,075202,525
Gross Profit98,76997,72491,372118,482100,594114,33197,606105,34690,68094,13396,80361,66162,84230,61460,476
Admin Expenses120,81370,4057,71986,478113,6205,959105,547102,433106,08677,21659,82541,39456,67441,192-20,271
Operating Profit-22,04427,31983,65332,004-13,026108,372-7,9412,913-15,40616,91736,97820,2676,168-10,57880,747
Interest Payable000000000000000
Interest Receivable000000081249227195106837745
Pre-Tax Profit-22,04427,31983,65332,004-13,026108,372-7,9412,994-15,15717,14437,17320,3746,251-10,50180,792
Tax0-5,191-15,894-6,0810-20,5910-5990-3,600-8,550-4,890-1,6250-22,622
Profit After Tax-22,04422,12867,75925,923-13,02687,781-7,9412,395-15,15713,54428,62315,4844,626-10,50158,170
Dividends Paid000000000000000
Retained Profit-22,04422,12867,75925,923-13,02687,781-7,9412,395-15,15713,54428,62315,4844,626-10,50158,170
Employee Costs229,264216,062212,500202,076200,642190,789185,446109,595104,454102,565102,74068,15767,17932,71965,359
Number Of Employees555555533332212
EBITDA*-22,04427,31983,65332,004-13,026108,372-7,9412,9139,57950,13943,91329,26512,037-2,25491,846

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets156,779167,964154,95867,91688,117117,13244,08356,21874,96099,66920,80626,99220,12124,97333,297
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets156,779167,964154,95867,91688,117117,13244,08356,21874,96099,66920,80626,99220,12124,97333,297
Stock & work in progress000000000000000
Trade Debtors165,860192,704183,870251,886165,075198,654141,725162,77894,450116,628112,73679,44382,53933,58463,433
Group Debtors000000000000000
Misc Debtors000000000000022,12022,120
Cash0000000064,40535,08055,81822,14420,44812,94517,989
misc current assets000000000000000
total current assets165,860192,704183,870251,886165,075198,654141,725162,778158,855151,708168,554101,587102,98768,649103,542
total assets322,639360,668338,828319,802253,192315,786185,808218,996233,815251,377189,360128,579123,10893,622136,839
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 64,87580,86081,14889,04874,811103,93096,565119,12691,43062,50690,99054,49267,23542,39772,317
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities000000000000000
total current liabilities64,87580,86081,14889,04874,811103,93096,565119,12691,43062,50690,99054,49267,23542,39772,317
loans000000000000000
hp & lease commitments00000000000908000
Accruals and Deferred Income000000000000000
other liabilities00040,83314,38334,83202,68634,07861,23200000
provisions0000000013,51617,6911,9665,3983,5763,5546,350
total long term liabilities00040,83314,38334,83202,68647,59478,9231,9666,3063,5763,5546,350
total liabilities64,87580,86081,148129,88189,194138,76296,565121,812139,024141,42992,95660,79870,81145,95178,667
net assets257,764279,808257,680189,921163,998177,02489,24397,18494,791109,94896,40467,78152,29747,67158,172
total shareholders funds257,764279,808257,680189,921163,998177,02489,24397,18494,791109,94896,40467,78152,29747,67158,172
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit-22,04427,31983,65332,004-13,026108,372-7,9412,913-15,40616,91736,97820,2676,168-10,57880,747
Depreciation0000000024,98533,2226,9358,9985,8698,32411,099
Amortisation000000000000000
Tax0-5,191-15,894-6,0810-20,5910-5990-3,600-8,550-4,890-1,6250-22,622
Stock000000000000000
Debtors-26,8448,834-68,01686,811-33,57956,929-21,05368,328-22,1783,89233,293-3,09626,835-29,84985,553
Creditors-15,985-288-7,90014,237-29,1197,365-22,56127,69628,924-28,48436,498-12,74324,838-29,92072,317
Accruals and Deferred Income000000000000000
Deferred Taxes & Provisions0000000-13,516-4,17515,725-3,4321,82222-2,7966,350
Cash flow from operations-11,18513,006127,875-46,651-8,56638,217-9,449-51,83456,50629,88835,13616,5508,437-5,12162,338
Investing Activities
capital expenditure11,185-13,006-87,04220,20129,015-73,04912,13518,742-276-112,085-749-15,869-1,0170-44,396
Change in Investments000000000000000
cash flow from investments11,185-13,006-87,04220,20129,015-73,04912,13518,742-276-112,085-749-15,869-1,0170-44,396
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments0000000000-908908000
other long term liabilities00-40,83326,450-20,44934,832-2,686-31,392-27,15461,23200000
share issue0000000-20000002
interest000000081249227195106837745
cash flow from financing00-40,83326,450-20,44934,832-2,686-31,313-26,90561,459-7131,014837747
cash and cash equivalents
cash0000000-64,40529,325-20,73833,6741,6967,503-5,04417,989
overdraft000000000000000
change in cash0000000-64,40529,325-20,73833,6741,6967,503-5,04417,989

keights precision tooling 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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Keights Precision Tooling Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for keights precision tooling limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in B70 area or any other competitors across 12 key performance metrics.

keights precision tooling limited Ownership

KEIGHTS PRECISION TOOLING LIMITED group structure

Keights Precision Tooling Limited has no subsidiary companies.

Ultimate parent company

KEIGHTS PRECISION TOOLING LIMITED

05739569

KEIGHTS PRECISION TOOLING LIMITED Shareholders

mr nicholas mark keight 50%
mr stephen john charles keight 50%

keights precision tooling limited directors

Keights Precision Tooling Limited currently has 2 directors. The longest serving directors include Mr Nicholas Keight (Mar 2006) and Mr Stephen Keight (Mar 2006).

officercountryagestartendrole
Mr Nicholas Keight62 years Mar 2006- Director
Mr Stephen Keight63 years Mar 2006- Director

P&L

March 2024

turnover

548.4k

-5%

operating profit

-22k

0%

gross margin

18.1%

+6.16%

turnover

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

Balance Sheet

March 2024

net assets

257.8k

-0.08%

total assets

322.6k

-0.11%

cash

0

0%

net assets

Total assets minus all liabilities

keights precision tooling limited company details

company number

05739569

Type

Private limited with Share Capital

industry

25620 - Machining

incorporation date

March 2006

age

18

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2024

previous names

keights global tooling limited (June 2013)

accountant

-

auditor

-

address

bays 1 & 2 trinity way, west bromwich, west midlands, B70 6NU

Bank

-

Legal Advisor

-

keights precision tooling 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 keights precision tooling limited.

keights precision tooling 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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keights precision tooling limited Companies House Filings - See Documents

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