Pomanda estimates the enterprise value of KINGSTOWN WORKS LIMITED at £72.7m based on a Turnover of £51.1m and 1.42x industry multiple (adjusted for size and gross margin).
kingstown works limitedEstimated Valuation
£60.9m
Pomanda estimates the enterprise value of KINGSTOWN WORKS LIMITED at £60.9m based on an EBITDA of £4.3m and a 14.12x industry multiple (adjusted for size and gross margin).
kingstown works limitedEstimated Valuation
£34m
Pomanda estimates the enterprise value of KINGSTOWN WORKS LIMITED at £34m based on Net Assets of £22.6m and 1.5x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Kingstown Works LimitedOverview
Kingstown Works Limited is a live company located in hull, HU7 3AP with a Companies House number of 05867235. It operates in the construction of commercial buildings sector, SIC Code 41201. Founded in July 2006, it's largest shareholder is
hull city council
with a 100% stake. Kingstown Works Limited is a established,
large sized company, Pomanda has estimated its turnover at
£51.1m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Kingstown Works Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 2 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
7 Strong
3 Regular
2 Weak
Size
annual sales of £51.1m, make it larger than the average company (£11.4m)
£51.1m - Kingstown Works Limited
£11.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 10%, show it is growing at a similar rate (9.1%)
10% - Kingstown Works Limited
9.1% - Industry AVG
Production
with a gross margin of 49.6%, this company has a lower cost of product (16%)
49.6% - Kingstown Works Limited
16% - Industry AVG
Profitability
an operating margin of 3.6% make it less profitable than the average company (4.5%)
3.6% - Kingstown Works Limited
4.5% - Industry AVG
Employees
with 475 employees, this is above the industry average (32)
475 - Kingstown Works Limited
32 - Industry AVG
Pay Structure
on an average salary of £40.9k, the company has a lower pay structure (£55.2k)
£40.9k - Kingstown Works Limited
£55.2k - Industry AVG
Efficiency
resulting in sales per employee of £107.7k, this is less efficient (£336.5k)
£107.7k - Kingstown Works Limited
£336.5k - Industry AVG
Debtor Days
it gets paid by customers after 52 days, this is near the average (47 days)
52 days - Kingstown Works Limited
47 days - Industry AVG
Creditor Days
its suppliers are paid after 44 days, this is slower than average (39 days)
44 days - Kingstown Works Limited
39 days - Industry AVG
Stock Days
it holds stock equivalent to 16 days, this is in line with average (17 days)
16 days - Kingstown Works Limited
17 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 43 weeks, this is more cash available to meet short term requirements (22 weeks)
43 weeks - Kingstown Works Limited
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 23.5%, this is a lower level of debt than the average (67.7%)
23.5% - Kingstown Works Limited
67.7% - Industry AVG
KINGSTOWN WORKS LIMITED financials
EXPORT
Kingstown Works Limited's latest turnover from March 2024 is £51.1 million and the company has net assets of £22.6 million. According to their latest financial statements, Kingstown Works Limited has 475 employees and maintains cash reserves of £5.2 million 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
51,144,481
47,704,473
44,567,513
38,205,606
41,938,046
41,840,734
37,548,019
39,330,236
44,092,091
48,668,632
42,699,292
36,610,883
20,679,454
27,586,805
25,460,932
Other Income Or Grants
Cost Of Sales
25,756,362
24,044,077
20,949,243
15,836,269
35,320,834
35,081,632
31,626,752
32,976,475
37,673,166
41,691,415
36,682,318
31,493,367
17,642,728
23,084,096
21,343,875
Gross Profit
25,388,119
23,660,396
23,618,270
22,369,337
6,617,212
6,759,102
5,921,267
6,353,761
6,418,925
6,977,217
6,016,974
5,117,516
3,036,726
4,502,709
4,117,057
Admin Expenses
23,562,507
24,980,493
25,659,256
22,410,417
7,178,013
5,960,343
4,964,714
4,653,390
4,459,459
3,185,821
3,461,166
3,251,060
1,680,622
3,491,511
2,597,787
Operating Profit
1,825,612
-1,320,097
-2,040,986
-41,080
-560,801
798,759
956,553
1,700,371
1,959,466
3,791,396
2,555,808
1,866,456
1,356,104
1,011,198
1,519,270
Interest Payable
68,936
302,544
361,713
234,522
16,686
250,167
3,157
32,581
53,229
88,449
8,928
6,841
42,623
Interest Receivable
1,918,153
16,501
1,939
4,939
15,443
10,905
5,491
11,532
19,580
17,614
14,363
38,947
53,912
96,379
21,462
Pre-Tax Profit
3,674,829
-1,606,140
-2,277,919
-270,663
-883,044
559,497
459,887
1,695,903
-1,842,057
4,074,651
2,481,722
1,896,475
1,410,016
1,100,736
1,498,109
Tax
-24,426
-17,905
-43,167
8,127
-25,592
-10,000
-11,801
-12,240
-11,127
-8,910
-533
-5,308
-992
-72
Profit After Tax
3,650,403
-1,624,045
-2,321,086
-262,536
-908,636
549,497
448,086
1,683,663
-1,842,057
4,063,524
2,472,812
1,895,942
1,404,708
1,099,744
1,498,037
Dividends Paid
680,000
350,000
650,000
350,000
545,000
385,000
1,465,000
835,000
715,000
500,000
330,000
650,000
225,000
400,000
Retained Profit
2,970,403
-1,974,045
-2,971,086
-262,536
-1,258,636
4,497
63,086
218,663
-2,677,057
3,348,524
1,972,812
1,565,942
754,708
874,744
1,098,037
Employee Costs
19,412,691
20,610,490
21,340,900
18,687,847
18,434,102
16,628,114
14,815,481
14,899,509
15,408,713
15,490,173
14,429,316
13,206,204
8,768,760
10,312,081
9,825,375
Number Of Employees
475
467
497
482
465
447
418
466
482
483
480
442
289
310
317
EBITDA*
4,310,757
1,302,466
512,129
2,004,390
1,311,743
2,373,816
2,022,052
2,715,957
2,946,390
5,586,356
4,365,746
3,267,726
1,489,975
1,115,070
1,574,891
* 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
12,608,522
12,786,110
10,067,383
8,600,097
7,002,693
6,889,096
7,315,307
3,834,019
3,857,543
3,853,895
4,044,759
4,683,949
779,621
804,494
46,452
Intangible Assets
Investments & Other
2,343,881
2,047,281
1,737,765
1,554,129
1,460,460
860,433
544,307
Debtors (Due After 1 year)
Total Fixed Assets
14,952,403
14,833,391
11,805,148
10,154,226
8,463,153
7,749,529
7,859,614
3,834,019
3,857,543
3,853,895
4,044,759
4,683,949
779,621
804,494
46,452
Stock & work in progress
1,135,611
1,310,714
794,235
733,660
603,149
548,834
475,822
543,006
607,998
678,193
655,312
567,543
335,190
263,854
233,884
Trade Debtors
7,409,000
5,124,028
5,441,939
5,767,072
9,719,916
9,589,360
8,514,098
7,365,215
9,078,474
10,095,187
7,647,508
7,195,899
1,447,822
4,169,614
1,751,540
Group Debtors
Misc Debtors
864,196
755,125
741,833
542,309
483,795
373,666
203,812
416,122
439,183
390,194
141,440
384,961
358,366
1,092,102
80,136
Cash
5,214,339
5,224,142
8,137,271
4,907,931
5,561,206
4,733,703
4,180,737
6,146,716
5,861,487
6,667,217
6,920,615
6,147,849
6,878,020
6,690,206
8,077,471
misc current assets
3,025,010
725,000
total current assets
14,623,146
12,414,009
15,115,278
14,975,982
16,368,066
15,245,563
13,374,469
15,196,059
15,987,142
17,830,791
15,364,875
14,296,252
9,019,398
12,215,776
10,143,031
total assets
29,575,549
27,247,400
26,920,426
25,130,208
24,831,219
22,995,092
21,234,083
19,030,078
19,844,685
21,684,686
19,409,634
18,980,201
9,799,019
13,020,270
10,189,483
Bank overdraft
708,856
Bank loan
Trade Creditors
3,147,342
2,808,698
2,168,016
2,244,891
3,409,389
3,459,259
3,155,553
2,800,107
3,312,926
4,847,471
3,474,573
4,514,779
2,033,348
3,550,994
3,349,472
Group/Directors Accounts
other short term finances
342,137
hp & lease commitments
773,709
887,129
1,444,751
577,802
486,588
572,773
589,412
1,134,249
1,202,622
1,167,402
other current liabilities
2,363,100
1,676,361
1,892,902
2,139,460
3,074,224
2,046,818
1,433,767
2,546,900
1,558,495
2,102,501
3,875,248
3,211,019
1,581,484
4,039,797
1,943,139
total current liabilities
6,284,151
5,372,188
5,505,669
4,962,153
6,970,201
6,078,850
5,178,732
5,347,007
5,580,277
8,084,221
8,552,443
8,893,200
3,614,832
7,590,791
5,634,748
loans
hp & lease commitments
656,644
379,861
1,436,361
760,573
486,588
1,028,194
1,134,250
2,336,872
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
656,644
379,861
8,307,361
12,961,573
8,502,000
12,643,588
8,538,194
11,648,000
827,000
9,981,000
7,960,250
6,219,872
4,206,000
2,854,000
4,312,000
total liabilities
6,940,795
5,752,049
13,813,030
17,923,726
15,472,201
18,722,438
13,716,926
16,995,007
6,407,277
18,065,221
16,512,693
15,113,072
7,820,832
10,444,791
9,946,748
net assets
22,634,754
21,495,351
13,107,396
7,206,482
9,359,018
4,272,654
7,517,157
2,035,071
13,437,408
3,619,465
2,896,941
3,867,129
1,978,187
2,575,479
242,735
total shareholders funds
22,634,754
21,495,351
13,107,396
7,206,482
9,359,018
4,272,654
7,517,157
2,035,071
13,437,408
3,619,465
2,896,941
3,867,129
1,978,187
2,575,479
242,735
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
1,825,612
-1,320,097
-2,040,986
-41,080
-560,801
798,759
956,553
1,700,371
1,959,466
3,791,396
2,555,808
1,866,456
1,356,104
1,011,198
1,519,270
Depreciation
2,485,145
2,622,563
2,553,115
2,045,470
1,872,544
1,575,057
1,065,499
1,015,586
986,924
1,794,960
1,809,938
1,401,270
133,871
103,872
55,621
Amortisation
Tax
-24,426
-17,905
-43,167
8,127
-25,592
-10,000
-11,801
-12,240
-11,127
-8,910
-533
-5,308
-992
-72
Stock
-175,103
516,479
60,575
130,511
54,315
73,012
-67,184
-64,992
-70,195
22,881
87,769
232,353
71,336
29,970
233,884
Debtors
2,394,043
-304,619
-125,609
-3,894,330
240,685
1,245,116
936,573
-1,736,320
-967,724
2,696,433
208,088
5,774,672
-3,455,528
3,430,040
1,831,676
Creditors
338,644
640,682
-76,875
-1,164,498
-49,870
303,706
355,446
-512,819
-1,534,545
1,372,898
-1,040,206
2,481,431
-1,517,646
201,522
3,349,472
Accruals and Deferred Income
686,739
-216,541
-246,558
-934,764
1,027,406
613,051
-1,113,133
988,405
-544,006
-1,772,747
664,229
1,629,535
-2,458,313
2,096,658
1,943,139
Deferred Taxes & Provisions
Cash flow from operations
3,092,774
1,496,842
210,563
3,677,074
1,968,687
1,962,445
383,175
4,980,615
1,905,758
2,456,066
3,685,002
1,371,134
892,900
-47,752
4,801,870
Investing Activities
capital expenditure
-2,369,818
-1,554,074
-906,520
-1,568,953
-1,174,800
-1,345,570
-108,998
-861,914
-61,316
Change in Investments
296,600
309,516
183,636
93,669
600,027
316,126
544,307
cash flow from investments
-296,600
-309,516
-183,636
-93,669
-600,027
-316,126
-2,914,125
-1,554,074
-906,520
-1,568,953
-1,174,800
-1,345,570
-108,998
-861,914
-61,316
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
-342,137
342,137
Long term loans
Hire Purchase and Lease Commitments
163,363
-1,614,122
1,542,737
851,787
-572,773
-558,245
1,617,606
-1,134,249
-1,202,623
-1,167,402
3,504,274
other long term liabilities
share issue
-1,831,000
10,362,000
8,872,000
-1,890,000
6,345,000
-3,249,000
5,419,000
-11,621,000
12,495,000
-2,626,000
-2,943,000
323,000
-1,352,000
1,458,000
-855,302
interest
1,849,217
-286,043
-359,774
-229,583
-1,243
-239,262
2,334
11,532
-13,001
-35,615
-74,086
30,019
53,912
89,538
-21,161
cash flow from financing
181,580
8,461,835
10,054,963
-1,267,796
5,770,984
-4,046,507
7,038,940
-11,609,468
11,347,750
-3,864,238
-4,184,488
3,857,293
-1,298,088
1,205,401
-534,326
cash and cash equivalents
cash
-9,803
-2,913,129
3,229,340
-653,275
827,503
552,966
-1,965,979
285,229
-805,730
-253,398
772,766
-730,171
187,814
-1,387,265
8,077,471
overdraft
-708,856
708,856
change in cash
-9,803
-2,913,129
3,229,340
-653,275
827,503
552,966
-1,965,979
994,085
-1,514,586
-253,398
772,766
-730,171
187,814
-1,387,265
8,077,471
kingstown works 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 kingstown works limited. Get real-time insights into kingstown works limited's credit score, group structure and payment trends.
Perform a competitor analysis for kingstown works limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other large companies, companies in HU7 area or any other competitors across 12 key performance metrics.
kingstown works limited Ownership
KINGSTOWN WORKS LIMITED group structure
Kingstown Works Limited has no subsidiary companies.
Ultimate parent company
HULL CITY COUNCIL
#0025537
1 parent
KINGSTOWN WORKS LIMITED
05867235
KINGSTOWN WORKS LIMITED Shareholders
The sole shareholder of Kingstown Works Limited is Hull City Council.
hull city council
100%
kingstown works limited directors
Kingstown Works Limited currently has 6 directors.
The longest serving directors include
Mr Gary Wareing (Mar 2022) and
Councillor Chris Randall (May 2022).
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 1 charges/mortgages relating to kingstown works limited. Currently there are 1 open charges and 0 have been satisfied in the past.
kingstown works 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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kingstown works limitedCompanies House Filings - See Documents
