kirintec limited Company Information
Company Number
06699502
Next Accounts
Sep 2025
Shareholders
roy peter smith
nicholas anthony watts
View AllGroup Structure
View All
Industry
Manufacture of other electrical equipment
+3Registered Address
walter scott house, 10, old gloucester road, ross-on-wye, herefordshire, HR9 5PB
Website
www.kirintec.comkirintec limited Estimated Valuation
Pomanda estimates the enterprise value of KIRINTEC LIMITED at £95.2m based on a Turnover of £57.3m and 1.66x industry multiple (adjusted for size and gross margin).
kirintec limited Estimated Valuation
Pomanda estimates the enterprise value of KIRINTEC LIMITED at £334.8m based on an EBITDA of £26.7m and a 12.53x industry multiple (adjusted for size and gross margin).
kirintec limited Estimated Valuation
Pomanda estimates the enterprise value of KIRINTEC LIMITED at £105.8m based on Net Assets of £52.8m and 2x industry multiple (adjusted for liquidity).
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Kirintec Limited Overview
Kirintec Limited is a live company located in ross-on-wye, HR9 5PB with a Companies House number of 06699502. It operates in the manufacture of communication equipment other than telegraph, and telephone apparatus and equipment sector, SIC Code 26309. Founded in September 2008, it's largest shareholder is roy peter smith with a 76.1% stake. Kirintec Limited is a established, large sized company, Pomanda has estimated its turnover at £57.3m with rapid growth in recent years.
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Kirintec Limited Health Check
Pomanda's financial health check has awarded Kirintec Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 2 areas for improvement. Company Health Check FAQs


8 Strong

2 Regular

2 Weak

Size
annual sales of £57.3m, make it larger than the average company (£11.7m)
£57.3m - Kirintec Limited
£11.7m - Industry AVG

Growth
3 year (CAGR) sales growth of 43%, show it is growing at a faster rate (8.2%)
43% - Kirintec Limited
8.2% - Industry AVG

Production
with a gross margin of 56.1%, this company has a lower cost of product (34.5%)
56.1% - Kirintec Limited
34.5% - Industry AVG

Profitability
an operating margin of 45.5% make it more profitable than the average company (5.6%)
45.5% - Kirintec Limited
5.6% - Industry AVG

Employees
with 47 employees, this is similar to the industry average (58)
47 - Kirintec Limited
58 - Industry AVG

Pay Structure
on an average salary of £48.3k, the company has an equivalent pay structure (£51.7k)
£48.3k - Kirintec Limited
£51.7k - Industry AVG

Efficiency
resulting in sales per employee of £1.2m, this is more efficient (£236.4k)
£1.2m - Kirintec Limited
£236.4k - Industry AVG

Debtor Days
it gets paid by customers after 128 days, this is later than average (59 days)
128 days - Kirintec Limited
59 days - Industry AVG

Creditor Days
its suppliers are paid after 65 days, this is slower than average (41 days)
65 days - Kirintec Limited
41 days - Industry AVG

Stock Days
it holds stock equivalent to 108 days, this is more than average (81 days)
108 days - Kirintec Limited
81 days - Industry AVG

Cash Balance
has cash to cover current liabilities for 111 weeks, this is more cash available to meet short term requirements (17 weeks)
111 weeks - Kirintec Limited
17 weeks - Industry AVG

Debt Level
it has a ratio of liabilities to total assets of 16.3%, this is a lower level of debt than the average (47.6%)
16.3% - Kirintec Limited
47.6% - Industry AVG
KIRINTEC LIMITED financials

Kirintec Limited's latest turnover from December 2023 is £57.3 million and the company has net assets of £52.8 million. According to their latest financial statements, Kirintec Limited has 47 employees and maintains cash reserves of £21.8 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Jun 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 57,291,606 | 25,346,157 | 11,177,421 | 19,694,789 | 57,429,724 | 111,240 | 12,561 | |||||||||
Other Income Or Grants | ||||||||||||||||
Cost Of Sales | 25,171,368 | 6,847,548 | 1,119,584 | 3,168,839 | 42,705,874 | 82,601 | 10,091 | |||||||||
Gross Profit | 32,120,238 | 18,498,609 | 10,057,837 | 16,525,950 | 14,723,850 | 28,639 | 2,470 | |||||||||
Admin Expenses | 6,065,494 | 5,554,333 | 6,311,111 | 5,537,227 | 4,733,480 | 389,975 | 415,748 | |||||||||
Operating Profit | 26,054,744 | 12,944,276 | 3,746,726 | 10,988,723 | 9,990,370 | -361,336 | -413,278 | |||||||||
Interest Payable | 7,852 | 6,023 | 6,093 | 159,651 | 12,902 | |||||||||||
Interest Receivable | 31,868 | 41,802 | 27,002 | 27,017 | 55,543 | |||||||||||
Pre-Tax Profit | 26,070,594 | 12,957,493 | 3,767,635 | 10,856,089 | 10,033,011 | -361,336 | -413,278 | |||||||||
Tax | -3,977,363 | -871,223 | -262,425 | -1,275,193 | -986,998 | 46,653 | 54,622 | |||||||||
Profit After Tax | 22,093,231 | 12,086,270 | 3,505,210 | 9,580,896 | 9,046,013 | -314,683 | -358,656 | |||||||||
Dividends Paid | 682,600 | 1,460,000 | ||||||||||||||
Retained Profit | 21,410,631 | 10,626,270 | 3,505,210 | 9,580,896 | 9,046,013 | -314,683 | -358,656 | |||||||||
Employee Costs | 2,269,977 | 1,848,993 | 2,586,584 | 2,328,674 | 2,055,932 | |||||||||||
Number Of Employees | 47 | 43 | 38 | 31 | 25 | 21 | 24 | 22 | 20 | |||||||
EBITDA* | 26,724,953 | 13,130,578 | 3,922,167 | 11,143,458 | 10,114,165 | -342,443 | -398,711 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Jun 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 2,166,150 | 1,881,897 | 1,754,034 | 1,787,512 | 1,799,321 | 1,719,845 | 475,232 | 218,478 | 34,665 | 28,051 | 30,683 | 22,922 | 3,380 | 19,107 | 19,891 | 29,133 |
Intangible Assets | 8,877,176 | 3,529,488 | 131,832 | 141,690 | 103,228 | 74,825 | 37,318 | 10,896 | 11,537 | |||||||
Investments & Other | 1,000 | 239,359 | 239,359 | 238,359 | 11,404 | 11,404 | 512 | 512 | 512 | 512 | 500 | 500 | 500 | |||
Debtors (Due After 1 year) | 224,236 | 224,236 | 350,000 | 350,000 | ||||||||||||
Total Fixed Assets | 11,267,562 | 5,636,621 | 2,125,225 | 2,518,561 | 2,140,908 | 1,806,074 | 873,954 | 229,886 | 46,714 | 28,563 | 31,195 | 23,422 | 3,880 | 19,607 | 19,891 | 29,133 |
Stock & work in progress | 7,457,994 | 6,041,597 | 4,094,374 | 580,094 | 1,815,148 | 1,772,574 | 356,408 | 293,872 | 644,760 | 232,857 | 141,740 | 106,459 | 43,034 | 25,645 | 29,014 | 19,828 |
Trade Debtors | 20,126,912 | 3,529,638 | 1,299,661 | 10,392,873 | 1,471,648 | 3,431,998 | 1,680,324 | 795,767 | 1,504,368 | 908,262 | 213,464 | 260,785 | 53,580 | 90,311 | 8,640 | 11,635 |
Group Debtors | 49,342 | |||||||||||||||
Misc Debtors | 2,432,236 | 2,107,693 | 4,026,560 | 2,406,418 | 1,087,280 | 54,818 | 21,192 | 89,804 | 73,648 | |||||||
Cash | 21,825,590 | 17,358,701 | 12,440,089 | 14,361,200 | 18,686,789 | 2,611,499 | 3,898,172 | 3,496,855 | 353,583 | 12,921 | 127,010 | 81,812 | 98,711 | 27,040 | 93,284 | 13,720 |
misc current assets | ||||||||||||||||
total current assets | 51,842,732 | 29,086,971 | 21,860,684 | 27,740,585 | 23,060,865 | 7,816,071 | 5,934,904 | 4,641,312 | 2,523,903 | 1,154,040 | 482,214 | 449,056 | 195,325 | 142,996 | 220,742 | 118,831 |
total assets | 63,110,294 | 34,723,592 | 23,985,909 | 30,259,146 | 25,201,773 | 9,622,145 | 6,808,858 | 4,871,198 | 2,570,617 | 1,182,603 | 513,409 | 472,478 | 199,205 | 162,603 | 240,633 | 147,964 |
Bank overdraft | ||||||||||||||||
Bank loan | ||||||||||||||||
Trade Creditors | 4,500,805 | 1,667,896 | 1,735,711 | 5,420,061 | 2,685,190 | 3,497,618 | 2,101,345 | 1,836,170 | 2,311,501 | 977,001 | 1,330,194 | 1,775,566 | 1,385,032 | 1,216,765 | 44,702 | 3,295 |
Group/Directors Accounts | 32,110 | 845,000 | 490,000 | |||||||||||||
other short term finances | ||||||||||||||||
hp & lease commitments | 5,129 | 2,559 | ||||||||||||||
other current liabilities | 5,678,973 | 1,600,423 | 1,612,047 | 7,346,201 | 14,832,195 | 20,251 | 14,270 | 3,325 | ||||||||
total current liabilities | 10,179,778 | 3,300,429 | 3,347,758 | 12,766,262 | 17,517,385 | 3,497,618 | 2,106,474 | 1,838,729 | 2,331,752 | 977,001 | 1,330,194 | 1,775,566 | 1,385,032 | 1,216,765 | 903,972 | 496,620 |
loans | ||||||||||||||||
hp & lease commitments | ||||||||||||||||
Accruals and Deferred Income | 488,915 | |||||||||||||||
other liabilities | 43,446 | 48,574 | 500,000 | 900,000 | ||||||||||||
provisions | 96,612 | 34,419 | 34,831 | 29,907 | 57,254 | 32,267 | 60,929 | 2,491,263 | 20,000 | |||||||
total long term liabilities | 96,612 | 34,419 | 34,831 | 518,822 | 57,254 | 32,267 | 104,375 | 2,539,837 | 500,000 | 920,000 | ||||||
total liabilities | 10,276,390 | 3,334,848 | 3,382,589 | 13,285,084 | 17,574,639 | 3,529,885 | 2,210,849 | 4,378,566 | 2,831,752 | 1,897,001 | 1,330,194 | 1,775,566 | 1,385,032 | 1,216,765 | 903,972 | 496,620 |
net assets | 52,833,904 | 31,388,744 | 20,603,320 | 16,974,062 | 7,627,134 | 6,092,260 | 4,598,009 | 492,632 | -261,135 | -714,398 | -816,785 | -1,303,088 | -1,185,827 | -1,054,162 | -663,339 | -348,656 |
total shareholders funds | 52,833,904 | 31,388,744 | 20,603,320 | 16,974,062 | 7,627,134 | 6,092,260 | 4,598,009 | 492,632 | -261,135 | -714,398 | -816,785 | -1,303,088 | -1,185,827 | -1,054,162 | -663,339 | -348,656 |
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Jun 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||||
Operating Profit | 26,054,744 | 12,944,276 | 3,746,726 | 10,988,723 | 9,990,370 | -361,336 | -413,278 | |||||||||
Depreciation | 211,422 | 154,419 | 171,130 | 151,835 | 120,897 | 151,554 | 133,946 | 111,235 | 23,521 | 7,178 | 6,010 | 4,538 | 19,261 | 18,677 | 18,893 | 14,567 |
Amortisation | 458,787 | 31,883 | 4,311 | 2,900 | 2,898 | 2,849 | 4,201 | 641 | 641 | |||||||
Tax | -3,977,363 | -871,223 | -262,425 | -1,275,193 | -986,998 | 46,653 | 54,622 | |||||||||
Stock | 1,416,397 | 1,947,223 | 3,514,280 | -1,235,054 | 42,574 | 1,416,166 | 62,536 | -350,888 | 411,903 | 126,398 | 35,281 | 63,425 | 17,389 | -3,369 | 9,186 | 19,828 |
Debtors | 16,872,475 | 584,688 | -7,823,070 | 10,590,363 | -873,070 | 1,401,674 | 1,179,739 | -674,975 | 617,298 | 647,477 | -47,321 | 207,205 | -36,731 | -8,133 | 13,161 | 85,283 |
Creditors | 2,832,909 | -67,815 | -3,684,350 | 2,734,871 | -812,428 | 1,396,273 | 265,175 | -475,331 | 1,334,500 | -798,565 | -445,372 | 390,534 | 168,267 | 1,172,063 | 41,407 | 3,295 |
Accruals and Deferred Income | 4,078,550 | -11,624 | -6,223,069 | -6,997,079 | 14,832,195 | -20,251 | 20,251 | -14,270 | 10,945 | 3,325 | ||||||
Deferred Taxes & Provisions | 62,193 | -412 | 4,924 | -27,347 | 24,987 | -28,662 | -2,430,334 | 2,491,263 | -20,000 | 20,000 | ||||||
Cash flow from operations | 11,432,370 | 9,647,593 | -1,933,963 | -3,776,599 | 24,002,417 | -265,785 | -442,580 | |||||||||
Investing Activities | ||||||||||||||||
capital expenditure | ||||||||||||||||
Change in Investments | -1,000 | -238,359 | 1,000 | 226,955 | 10,892 | 12 | 12 | 500 | ||||||||
cash flow from investments | 1,000 | 238,359 | -1,000 | -226,955 | ||||||||||||
Financing Activities | ||||||||||||||||
Bank loans | ||||||||||||||||
Group/Directors Accounts | -32,110 | 32,110 | -845,000 | 355,000 | 490,000 | |||||||||||
Other Short Term Loans | ||||||||||||||||
Long term loans | ||||||||||||||||
Hire Purchase and Lease Commitments | -5,129 | 2,570 | 2,559 | |||||||||||||
other long term liabilities | -43,446 | -5,128 | -451,426 | -400,000 | 900,000 | |||||||||||
share issue | ||||||||||||||||
interest | 24,016 | 35,779 | 20,909 | -132,634 | 42,641 | |||||||||||
cash flow from financing | 26,435 | 227,043 | 144,957 | -366,602 | -7,468,498 | 355,000 | 500,000 | |||||||||
cash and cash equivalents | ||||||||||||||||
cash | 4,466,889 | 4,918,612 | -1,921,111 | -4,325,589 | 16,075,290 | -1,286,673 | 401,317 | 3,143,272 | 340,662 | -68,891 | 45,198 | -16,899 | 71,671 | -66,244 | 79,564 | 13,720 |
overdraft | ||||||||||||||||
change in cash | 4,466,889 | 4,918,612 | -1,921,111 | -4,325,589 | 16,075,290 | -1,286,673 | 401,317 | 3,143,272 | 340,662 | -68,891 | 45,198 | -16,899 | 71,671 | -66,244 | 79,564 | 13,720 |
kirintec limited Credit Report and Business Information
Kirintec Limited Competitor Analysis

Perform a competitor analysis for kirintec limited by selecting its closest rivals, whether from the MANUFACTURING sector, other large companies, companies in HR9 area or any other competitors across 12 key performance metrics.
kirintec limited Ownership
KIRINTEC LIMITED group structure
Kirintec Limited has 1 subsidiary company.
kirintec limited directors
Kirintec Limited currently has 4 directors. The longest serving directors include Mr Nicholas Watts (Sep 2011) and Mr James Baker (Sep 2024).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Nicholas Watts | 49 years | Sep 2011 | - | Director | |
Mr James Baker | England | 44 years | Sep 2024 | - | Director |
Mr Richard Checkley | England | 53 years | Sep 2024 | - | Director |
Mr Bruce Martin | England | 56 years | Sep 2024 | - | Director |
P&L
December 2023turnover
57.3m
+126%
operating profit
26.1m
+101%
gross margin
56.1%
-23.18%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
52.8m
+0.68%
total assets
63.1m
+0.82%
cash
21.8m
+0.26%
net assets
Total assets minus all liabilities
kirintec limited company details
company number
06699502
Type
Private limited with Share Capital
industry
27900 - Manufacture of other electrical equipment
28220 - Manufacture of lifting and handling equipment
46190 - Agents involved in the sale of a variety of goods
incorporation date
September 2008
age
17
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
PEARSON MAY
address
walter scott house, 10, old gloucester road, ross-on-wye, herefordshire, HR9 5PB
Bank
NATIONAL WESTMINSTER BANK PLC, NATIONAL WESTMINSTER BANK PLC, NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
kirintec 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 9 charges/mortgages relating to kirintec limited. Currently there are 0 open charges and 9 have been satisfied in the past.
kirintec 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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kirintec limited Companies House Filings - See Documents
date | description | view/download |
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