kreatif design ltd
kreatif design ltd Company Information
Company Number
06744330
Website
www.kreatif.co.ukRegistered Address
3 guild way, south woodham ferrers, chelmsford, CM3 5TG
Industry
Specialised design activities
Artistic creation
Telephone
01189883392
Next Accounts Due
February 2025
Group Structure
View All
Directors
Nico Klynsmith15 Years
Shareholders
ariadna marquez acosta 50%
nico klynsmith 50%
kreatif design ltd Estimated Valuation
Pomanda estimates the enterprise value of KREATIF DESIGN LTD at £49.6k based on a Turnover of £109.8k and 0.45x industry multiple (adjusted for size and gross margin).
kreatif design ltd Estimated Valuation
Pomanda estimates the enterprise value of KREATIF DESIGN LTD at £4.4k based on an EBITDA of £1.5k and a 2.86x industry multiple (adjusted for size and gross margin).
kreatif design ltd Estimated Valuation
Pomanda estimates the enterprise value of KREATIF DESIGN LTD at £0 based on Net Assets of £-11.4k and 1.55x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Kreatif Design Ltd Overview
Kreatif Design Ltd is a live company located in chelmsford, CM3 5TG with a Companies House number of 06744330. It operates in the artistic creation sector, SIC Code 90030. Founded in November 2008, it's largest shareholder is ariadna marquez acosta with a 50% stake. Kreatif Design Ltd is a established, micro sized company, Pomanda has estimated its turnover at £109.8k with declining growth in recent years.
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Kreatif Design Ltd Health Check
Pomanda's financial health check has awarded Kreatif Design Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
7 Weak
Size
annual sales of £109.8k, make it smaller than the average company (£226.6k)
- Kreatif Design Ltd
£226.6k - Industry AVG
Growth
3 year (CAGR) sales growth of -25%, show it is growing at a slower rate (6.1%)
- Kreatif Design Ltd
6.1% - Industry AVG
Production
with a gross margin of 49.7%, this company has a comparable cost of product (49.7%)
- Kreatif Design Ltd
49.7% - Industry AVG
Profitability
an operating margin of 1.4% make it less profitable than the average company (8.6%)
- Kreatif Design Ltd
8.6% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - Kreatif Design Ltd
4 - Industry AVG
Pay Structure
on an average salary of £29.5k, the company has an equivalent pay structure (£29.5k)
- Kreatif Design Ltd
£29.5k - Industry AVG
Efficiency
resulting in sales per employee of £54.9k, this is less efficient (£88.9k)
- Kreatif Design Ltd
£88.9k - Industry AVG
Debtor Days
it gets paid by customers after 16 days, this is earlier than average (43 days)
- Kreatif Design Ltd
43 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Kreatif Design Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Kreatif Design Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 16 weeks, this is less cash available to meet short term requirements (68 weeks)
16 weeks - Kreatif Design Ltd
68 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 170.5%, this is a higher level of debt than the average (43.2%)
170.5% - Kreatif Design Ltd
43.2% - Industry AVG
KREATIF DESIGN LTD financials
Kreatif Design Ltd's latest turnover from May 2023 is estimated at £109.8 thousand and the company has net assets of -£11.4 thousand. According to their latest financial statements, Kreatif Design Ltd has 2 employees and maintains cash reserves of £8.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||||||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | ||||||||||||||
| Interest Payable | ||||||||||||||
| Interest Receivable | ||||||||||||||
| Pre-Tax Profit | ||||||||||||||
| Tax | ||||||||||||||
| Profit After Tax | ||||||||||||||
| Dividends Paid | ||||||||||||||
| Retained Profit | ||||||||||||||
| Employee Costs | ||||||||||||||
| Number Of Employees | 2 | 2 | 1 | 1 | 2 | |||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 959 | 4,797 | 9,388 | 13,629 | 17,870 | 2,577 | 3,505 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 959 | 4,797 | 9,388 | 13,629 | 17,870 | 2,577 | 3,505 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,950 | 6,000 | 0 |
| Trade Debtors | 5,088 | 2,939 | 6,331 | 54,591 | 19,773 | 24,195 | 23,747 | 7,833 | 9,412 | 6,906 | 10,720 | 3,846 | 8,040 | 5,649 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 2,658 | 2,658 | 2,658 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 8,404 | 9,054 | 25,918 | 0 | 0 | 0 | 0 | 6,614 | 1,398 | 1,020 | 383 | 932 | 1,137 | 37 |
| misc current assets | 78 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 16,228 | 14,651 | 34,907 | 54,591 | 19,773 | 24,195 | 23,747 | 14,447 | 10,810 | 7,926 | 11,103 | 6,728 | 15,177 | 5,686 |
| total assets | 16,228 | 14,651 | 35,866 | 59,388 | 29,161 | 37,824 | 41,617 | 17,024 | 14,315 | 7,926 | 11,103 | 6,728 | 15,177 | 5,686 |
| Bank overdraft | 15,000 | 20,000 | 25,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 146 | 1,022 | 50,835 | 16,213 | 16,063 | 13,454 | 9,220 | 6,748 | 3,271 | 3,568 | 6,172 | 20,590 | 7,527 |
| Group/Directors Accounts | 117 | 2,227 | 3,261 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 600 | 600 | 2,643 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 11,188 | 2,414 | 3,040 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 26,905 | 25,387 | 34,966 | 50,835 | 16,213 | 16,063 | 13,454 | 9,220 | 6,748 | 3,271 | 3,568 | 6,172 | 20,590 | 7,527 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 6,464 | 11,121 | 15,808 | 1,483 | 3,322 | 0 | 0 | 0 | 0 | 0 |
| provisions | 769 | 769 | 769 | 769 | 1,536 | 2,303 | 3,070 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 769 | 769 | 769 | 769 | 8,000 | 13,424 | 18,878 | 1,483 | 3,322 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 27,674 | 26,156 | 35,735 | 51,604 | 24,213 | 29,487 | 32,332 | 10,703 | 10,070 | 3,271 | 3,568 | 6,172 | 20,590 | 7,527 |
| net assets | -11,446 | -11,505 | 131 | 7,784 | 4,948 | 8,337 | 9,285 | 6,321 | 4,245 | 4,655 | 7,535 | 556 | -5,413 | -1,841 |
| total shareholders funds | -11,446 | -11,505 | 131 | 7,784 | 4,948 | 8,337 | 9,285 | 6,321 | 4,245 | 4,655 | 7,535 | 556 | -5,413 | -1,841 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 0 | 959 | 0 | 928 | 387 | 0 | 0 | 0 | 0 | 0 | ||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Tax | ||||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,950 | -4,050 | 6,000 | 0 |
| Debtors | 2,149 | -3,392 | -45,602 | 34,818 | -4,422 | 448 | 15,914 | -1,579 | 2,506 | -3,814 | 6,874 | -4,194 | 2,391 | 5,649 |
| Creditors | -146 | -876 | -49,813 | 34,622 | 150 | 2,609 | 4,234 | 2,472 | 3,477 | -297 | -2,604 | -14,418 | 13,063 | 7,527 |
| Accruals and Deferred Income | 8,774 | -626 | 3,040 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | -767 | -767 | -767 | 3,070 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -2,110 | -1,034 | 3,261 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | -2,043 | 2,643 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | -6,464 | -4,657 | -4,687 | 14,325 | -1,839 | 3,322 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | -650 | -16,864 | 25,918 | 0 | 0 | 0 | -6,614 | 5,216 | 378 | 637 | -549 | -205 | 1,100 | 37 |
| overdraft | -5,000 | -5,000 | 25,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 4,350 | -11,864 | 918 | 0 | 0 | 0 | -6,614 | 5,216 | 378 | 637 | -549 | -205 | 1,100 | 37 |
kreatif design ltd Credit Report and Business Information
Kreatif Design Ltd Competitor Analysis
Perform a competitor analysis for kreatif design ltd by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other micro companies, companies in CM3 area or any other competitors across 12 key performance metrics.
kreatif design ltd Ownership
KREATIF DESIGN LTD group structure
Kreatif Design Ltd has no subsidiary companies.
Ultimate parent company
KREATIF DESIGN LTD
06744330
kreatif design ltd directors
Kreatif Design Ltd currently has 1 director, Mr Nico Klynsmith serving since Jan 2009.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nico Klynsmith | England | 44 years | Jan 2009 | - | Director |
P&L
May 2023turnover
109.8k
+39%
operating profit
1.5k
0%
gross margin
49.8%
-14.74%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
-11.4k
-0.01%
total assets
16.2k
+0.11%
cash
8.4k
-0.07%
net assets
Total assets minus all liabilities
Similar Companies
kreatif design ltd company details
company number
06744330
Type
Private limited with Share Capital
industry
74100 - Specialised design activities
90030 - Artistic creation
incorporation date
November 2008
age
16
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
May 2023
previous names
xacca solutions (uk) ltd (December 2008)
accountant
-
auditor
-
address
3 guild way, south woodham ferrers, chelmsford, CM3 5TG
Bank
-
Legal Advisor
-
kreatif design 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 did not find charges/mortgages relating to kreatif design ltd.
kreatif design ltd Companies House Filings - See Documents
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