Pomanda estimates the enterprise value of TIMBER KIT SOLUTIONS LTD at £1.3m based on a Turnover of £2m and 0.65x industry multiple (adjusted for size and gross margin).
timber kit solutions ltdEstimated Valuation
£985.9k
Pomanda estimates the enterprise value of TIMBER KIT SOLUTIONS LTD at £985.9k based on an EBITDA of £246.3k and a 4x industry multiple (adjusted for size and gross margin).
timber kit solutions ltdEstimated Valuation
£1.4m
Pomanda estimates the enterprise value of TIMBER KIT SOLUTIONS LTD at £1.4m based on Net Assets of £691.3k and 2.02x industry multiple (adjusted for liquidity).
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Timber Kit Solutions LtdOverview
Timber Kit Solutions Ltd is a live company located in west midlands, WV1 1JY with a Companies House number of 06706780. It operates in the other manufacturing n.e.c. sector, SIC Code 32990. Founded in September 2008, it's largest shareholder is
carver (wolverhampton) ltd
with a 50% stake. Timber Kit Solutions Ltd is a established,
small sized company, Pomanda has estimated its turnover at
£2m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Timber Kit Solutions Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating4out of 5
3 Strong
4 Regular
5 Weak
Size
annual sales of £2m, make it smaller than the average company (£14m)
£2m - Timber Kit Solutions Ltd
£14m - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a similar rate (6.3%)
6% - Timber Kit Solutions Ltd
6.3% - Industry AVG
Production
with a gross margin of 30.3%, this company has a comparable cost of product (30.3%)
30.3% - Timber Kit Solutions Ltd
30.3% - Industry AVG
Profitability
an operating margin of 11.5% make it more profitable than the average company (6.3%)
11.5% - Timber Kit Solutions Ltd
6.3% - Industry AVG
Employees
with 15 employees, this is below the industry average (70)
15 - Timber Kit Solutions Ltd
70 - Industry AVG
Pay Structure
on an average salary of £42.9k, the company has an equivalent pay structure (£42.9k)
£42.9k - Timber Kit Solutions Ltd
£42.9k - Industry AVG
Efficiency
resulting in sales per employee of £134.8k, this is less efficient (£185.9k)
£134.8k - Timber Kit Solutions Ltd
£185.9k - Industry AVG
Debtor Days
it gets paid by customers after 84 days, this is later than average (53 days)
84 days - Timber Kit Solutions Ltd
53 days - Industry AVG
Creditor Days
its suppliers are paid after 24 days, this is quicker than average (40 days)
24 days - Timber Kit Solutions Ltd
40 days - Industry AVG
Stock Days
it holds stock equivalent to 27 days, this is less than average (68 days)
27 days - Timber Kit Solutions Ltd
68 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 21 weeks, this is more cash available to meet short term requirements (12 weeks)
21 weeks - Timber Kit Solutions Ltd
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 49.4%, this is a similar level of debt than the average (47.8%)
49.4% - Timber Kit Solutions Ltd
47.8% - Industry AVG
TIMBER KIT SOLUTIONS LTD financials
EXPORT
Timber Kit Solutions Ltd's latest turnover from December 2023 is estimated at £2 million and the company has net assets of £691.3 thousand. According to their latest financial statements, Timber Kit Solutions Ltd has 15 employees and maintains cash reserves of £192.9 thousand 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
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Turnover
2,022,516
1,791,798
1,539,182
1,694,503
1,618,561
1,375,422
1,152,689
1,814,918
1,393,298
870,294
1,280,903
1,114,570
848,401
827,319
Other Income Or Grants
Cost Of Sales
1,410,773
1,254,213
1,082,450
1,206,443
1,138,377
963,112
792,154
1,240,742
953,506
598,852
924,895
802,554
579,699
564,355
Gross Profit
611,743
537,585
456,732
488,060
480,184
412,309
360,535
574,176
439,792
271,441
356,008
312,016
268,702
262,964
Admin Expenses
379,405
534,847
538,604
312,872
306,789
317,984
438,415
431,005
256,977
183,822
275,324
241,753
321,553
312,674
95,591
Operating Profit
232,338
2,738
-81,872
175,188
173,395
94,325
-77,880
143,171
182,815
87,619
80,684
70,263
-52,851
-49,710
-95,591
Interest Payable
43,359
21,276
Interest Receivable
7,598
7,517
745
388
3,621
2,215
621
349
769
482
97
236
144
Pre-Tax Profit
196,576
-11,021
-81,127
175,577
177,016
96,541
-77,259
143,520
183,584
88,101
62,363
36,960
-52,754
-49,474
-95,447
Tax
-49,144
-33,360
-33,633
-18,343
-28,704
-36,717
-18,501
16,573
Profit After Tax
147,432
-11,021
-81,127
142,217
143,383
78,198
-77,259
114,816
146,867
69,600
62,363
53,533
-52,754
-49,474
-95,447
Dividends Paid
Retained Profit
147,432
-11,021
-81,127
142,217
143,383
78,198
-77,259
114,816
146,867
69,600
62,363
53,533
-52,754
-49,474
-95,447
Employee Costs
643,223
607,352
626,801
609,408
488,548
514,818
533,327
446,463
334,591
198,275
317,822
285,529
218,602
212,244
Number Of Employees
15
15
16
16
13
14
15
13
10
6
10
9
7
7
EBITDA*
246,270
29,977
-65,577
192,820
192,334
98,987
-75,196
145,097
184,808
89,649
84,249
75,981
-46,210
-44,765
-90,721
* 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
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Tangible Assets
522,326
536,258
43,735
30,590
48,222
9,981
6,642
5,151
1,748
3,741
5,771
6,904
13,742
12,448
12,543
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
522,326
536,258
43,735
30,590
48,222
9,981
6,642
5,151
1,748
3,741
5,771
6,904
13,742
12,448
12,543
Stock & work in progress
105,547
105,447
155,575
148,050
57,279
63,744
64,133
46,544
47,141
57,195
25,522
29,849
53,012
16,375
19,078
Trade Debtors
470,886
407,660
254,072
343,627
364,384
234,281
168,217
499,853
321,831
134,570
180,448
95,070
116,751
141,006
129,344
Group Debtors
Misc Debtors
74,196
52,933
59,306
68,271
89,236
31,528
163,346
34,119
34,712
48,277
27,603
Cash
192,863
96,567
332,966
263,370
513,413
452,271
138,510
109,962
169,532
137,990
54,832
68,082
2,036
36,893
57,668
misc current assets
total current assets
843,492
662,607
801,919
823,318
1,024,312
781,824
534,206
690,478
573,216
329,755
309,079
220,604
171,799
194,274
206,090
total assets
1,365,818
1,198,865
845,654
853,908
1,072,534
791,805
540,848
695,629
574,964
333,496
314,850
227,508
185,541
206,722
218,633
Bank overdraft
Bank loan
25,000
25,000
Trade Creditors
95,134
98,760
167,032
124,972
183,849
211,910
159,455
172,421
230,139
245,675
227,125
130,088
283,216
251,643
164,080
Group/Directors Accounts
152,722
94,445
110,750
39,940
265,623
141,482
66,934
127,779
70,624
69,504
141,562
other short term finances
100,000
200,000
hp & lease commitments
other current liabilities
103,718
13,848
12,956
52,953
129,236
87,970
42,214
45,925
39,513
total current liabilities
476,574
432,053
290,738
217,865
578,708
441,362
268,603
346,125
340,276
245,675
296,629
271,650
283,216
251,643
164,080
loans
197,917
222,917
hp & lease commitments
Accruals and Deferred Income
other liabilities
50,000
provisions
total long term liabilities
197,917
222,917
50,000
total liabilities
674,491
654,970
290,738
217,865
578,708
441,362
268,603
346,125
340,276
245,675
296,629
271,650
283,216
251,643
214,080
net assets
691,327
543,895
554,916
636,043
493,826
350,443
272,245
349,504
234,688
87,821
18,221
-44,142
-97,675
-44,921
4,553
total shareholders funds
691,327
543,895
554,916
636,043
493,826
350,443
272,245
349,504
234,688
87,821
18,221
-44,142
-97,675
-44,921
4,553
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Operating Activities
Operating Profit
232,338
2,738
-81,872
175,188
173,395
94,325
-77,880
143,171
182,815
87,619
80,684
70,263
-52,851
-49,710
-95,591
Depreciation
13,932
27,239
16,295
17,632
18,939
4,662
2,684
1,926
1,993
2,030
3,565
5,718
6,641
4,945
4,870
Amortisation
Tax
-49,144
-33,360
-33,633
-18,343
-28,704
-36,717
-18,501
16,573
Stock
100
-50,128
7,525
90,771
-6,465
-389
17,589
-597
-10,054
31,673
-4,327
-23,163
36,637
-2,703
19,078
Debtors
84,489
147,215
-98,520
-41,722
187,811
-65,754
-202,409
177,429
221,973
-94,155
106,052
5,922
-24,255
11,662
129,344
Creditors
-3,626
-68,272
42,060
-58,877
-28,061
52,455
-12,966
-57,718
-15,536
18,550
97,037
-153,128
31,573
87,563
164,080
Accruals and Deferred Income
89,870
892
-39,997
-76,283
41,266
45,756
-3,711
6,412
39,513
Deferred Taxes & Provisions
Cash flow from operations
198,781
-134,490
27,481
-24,749
-9,440
244,998
92,947
-111,745
-39,851
152,180
79,561
-43,333
-27,019
33,839
-75,063
Investing Activities
capital expenditure
-519,762
-29,440
-57,180
-8,001
-4,175
-5,329
-2,432
1,120
-7,935
-4,850
-17,413
Change in Investments
cash flow from investments
-519,762
-29,440
-57,180
-8,001
-4,175
-5,329
-2,432
1,120
-7,935
-4,850
-17,413
Financing Activities
Bank loans
25,000
Group/Directors Accounts
58,277
-16,305
70,810
-225,683
124,141
74,548
-60,845
57,155
70,624
-69,504
-72,058
141,562
Other Short Term Loans
-100,000
200,000
Long term loans
-25,000
222,917
Hire Purchase and Lease Commitments
other long term liabilities
-50,000
50,000
share issue
100,000
interest
-35,761
-13,759
745
388
3,621
2,215
621
349
769
482
97
236
144
cash flow from financing
-102,484
417,853
71,555
-225,295
127,762
76,763
-60,224
57,504
71,393
-69,022
-72,058
141,562
97
-49,764
150,144
cash and cash equivalents
cash
96,296
-236,399
69,596
-250,043
61,142
313,761
28,548
-59,570
31,542
83,158
-13,250
66,046
-34,857
-20,775
57,668
overdraft
change in cash
96,296
-236,399
69,596
-250,043
61,142
313,761
28,548
-59,570
31,542
83,158
-13,250
66,046
-34,857
-20,775
57,668
timber kit solutions 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 timber kit solutions ltd. Get real-time insights into timber kit solutions ltd's credit score, group structure and payment trends.
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timber kit solutions ltd Ownership
TIMBER KIT SOLUTIONS LTD group structure
Timber Kit Solutions Ltd has no subsidiary companies.
Ultimate parent company
TIMBER KIT SOLUTIONS LTD
06706780
TIMBER KIT SOLUTIONS LTD Shareholders
The largest shareholders in Timber Kit Solutions Ltd include Carver (Wolverhampton) Ltd and Simon Ball.
carver (wolverhampton) ltd
50%
simon ball
49%
neil robert kendrick
1%
timber kit solutions ltd directors
Timber Kit Solutions Ltd currently has 4 directors.
The longest serving directors include
Mr Robert Kendrick (Oct 2008) and
Mr Henry Carver (Oct 2008).
littles lane, wolverhampton, west midlands, WV1 1JY
Bank
-
Legal Advisor
-
timber kit solutions 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 2 charges/mortgages relating to timber kit solutions ltd. Currently there are 2 open charges and 0 have been satisfied in the past.
timber kit solutions 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 TIMBER KIT SOLUTIONS LTD. This can take several minutes, an email will notify you when this has completed.
timber kit solutions ltdCompanies House Filings - See Documents
