k2m uk limited
k2m uk limited Company Information
Company Number
06950302
Next Accounts
Dec 2024
Industry
Retail sale of medical and orthopaedic goods (other than hearing aids) n.e.c., in specialised stores
Shareholders
stryker uk ltd
Group Structure
View All
Contact
Registered Address
stryker house hambridge road, newbury, berks, RG14 5AW
Website
www.k2m.comk2m uk limited Estimated Valuation
Pomanda estimates the enterprise value of K2M UK LIMITED at £6.9m based on a Turnover of £15.4m and 0.45x industry multiple (adjusted for size and gross margin).
k2m uk limited Estimated Valuation
Pomanda estimates the enterprise value of K2M UK LIMITED at £6.4m based on an EBITDA of £1.2m and a 5.58x industry multiple (adjusted for size and gross margin).
k2m uk limited Estimated Valuation
Pomanda estimates the enterprise value of K2M UK LIMITED at £87.2m based on Net Assets of £33.9m and 2.57x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
K2m Uk Limited Overview
K2m Uk Limited is a dissolved company that was located in berks, RG14 5AW with a Companies House number of 06950302. It operated in the retail sale of medical and orthopaedic goods in specialised stores (not incl. hearing aids) n.e.c. sector, SIC Code 47749. Founded in July 2009, it's largest shareholder was stryker uk ltd with a 100% stake. The last turnover for K2m Uk Limited was estimated at £15.4m.
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K2m Uk Limited Health Check
Pomanda's financial health check has awarded K2M Uk Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
4 Weak
Size
annual sales of £15.4m, make it larger than the average company (£5.7m)
£15.4m - K2m Uk Limited
£5.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a faster rate (5.7%)
8% - K2m Uk Limited
5.7% - Industry AVG
Production
with a gross margin of 30.8%, this company has a comparable cost of product (37.4%)
30.8% - K2m Uk Limited
37.4% - Industry AVG
Profitability
an operating margin of 0.7% make it less profitable than the average company (4.3%)
0.7% - K2m Uk Limited
4.3% - Industry AVG
Employees
with 28 employees, this is similar to the industry average (24)
28 - K2m Uk Limited
24 - Industry AVG
Pay Structure
on an average salary of £123.7k, the company has a higher pay structure (£51.4k)
£123.7k - K2m Uk Limited
£51.4k - Industry AVG
Efficiency
resulting in sales per employee of £551.1k, this is more efficient (£264.6k)
£551.1k - K2m Uk Limited
£264.6k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (51 days)
0 days - K2m Uk Limited
51 days - Industry AVG
Creditor Days
its suppliers are paid after 5 days, this is quicker than average (25 days)
5 days - K2m Uk Limited
25 days - Industry AVG
Stock Days
it holds stock equivalent to 0 days, this is less than average (43 days)
0 days - K2m Uk Limited
43 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (11 weeks)
3 weeks - K2m Uk Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 4.9%, this is a lower level of debt than the average (62.5%)
4.9% - K2m Uk Limited
62.5% - Industry AVG
K2M UK LIMITED financials
K2M Uk Limited's latest turnover from June 2020 is £15.4 million and the company has net assets of £33.9 million. According to their latest financial statements, K2M Uk Limited has 28 employees and maintains cash reserves of £102.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2020 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 15,431,461 | 14,807,961 | 12,329,646 | 11,306,725 | 9,780,240 | 8,405,569 | 6,113,337 | 4,993,261 | 4,382,313 | 4,311,515 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 10,673,590 | 8,522,438 | 9,124,351 | 9,599,671 | 6,899,738 | 5,324,162 | 4,112,732 | 3,372,767 | 3,099,810 | 3,211,781 |
| Gross Profit | 4,757,871 | 6,285,523 | 3,205,295 | 1,707,054 | 2,880,502 | 3,081,407 | 2,000,605 | 1,620,494 | 1,282,503 | 1,099,734 |
| Admin Expenses | 4,654,485 | 6,140,251 | 3,088,173 | 6,779,413 | 5,619,497 | 6,219,731 | 3,789,917 | 2,776,113 | 3,048,230 | 3,253,153 |
| Operating Profit | 103,386 | 145,272 | 117,122 | -5,072,359 | -2,738,995 | -3,138,324 | -1,789,312 | -1,155,619 | -1,765,727 | -2,153,419 |
| Interest Payable | 83,322 | 56,167 | 55,597 | 15,681 | 88,878 | 22 | 57,757 | 50,832 | 55,107 | 45,572 |
| Interest Receivable | 41,422 | 0 | 0 | 0 | 0 | 209,182 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 61,486 | 89,105 | 61,525 | -5,088,040 | -2,827,873 | -2,929,164 | -1,847,069 | -1,206,451 | -1,820,834 | -2,198,991 |
| Tax | 0 | 0 | -62 | 1,817 | 0 | -1,817 | 0 | 0 | 0 | 0 |
| Profit After Tax | 61,486 | 89,105 | 61,463 | -5,086,223 | -2,827,873 | -2,930,981 | -1,847,069 | -1,206,451 | -1,820,834 | -2,198,991 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 61,486 | 89,105 | 61,463 | -5,086,223 | -2,827,873 | -2,930,981 | -1,847,069 | -1,206,451 | -1,820,834 | -2,198,991 |
| Employee Costs | 3,463,522 | 5,886,284 | 4,654,733 | 4,227,500 | 4,204,611 | 3,847,935 | ||||
| Number Of Employees | 28 | 53 | 50 | 44 | 41 | 38 | ||||
| EBITDA* | 1,156,241 | 4,079,059 | 3,254,195 | -2,586,537 | -1,202,153 | -1,805,446 | -1,163,097 | -326,029 | -990,145 | -2,084,178 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2020 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,882 | 7,675,385 | 11,180,491 | 4,196,244 | 3,632,445 | 2,490,270 | 2,580,229 | 755,100 | 744,329 | 9,296 |
| Intangible Assets | 0 | 139,047 | 139,047 | 139,047 | 139,047 | 130,076 | 159,978 | 204,831 | 249,684 | 294,538 |
| Investments & Other | 0 | 675,313 | 1,166,023 | 1,166,023 | 602,764 | 167,982 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 88,891 | 88,891 | 53,892 | 53,892 | 0 | 0 |
| Total Fixed Assets | 2,882 | 8,489,745 | 12,485,561 | 5,501,314 | 4,463,147 | 2,877,219 | 2,794,099 | 1,013,823 | 994,013 | 303,834 |
| Stock & work in progress | 2,216 | 23,140,336 | 19,836,870 | 13,415,427 | 14,301,789 | 10,742,097 | 8,336,946 | 3,582,993 | 2,785,257 | 2,418,245 |
| Trade Debtors | 2,608 | 1,579,839 | 1,005,158 | 1,205,642 | 1,490,897 | 1,163,511 | 1,795,703 | 2,163,644 | 861,333 | 708,978 |
| Group Debtors | 35,184,882 | 6,776,409 | 4,444,892 | 3,144,210 | 3,449,016 | 2,814,745 | 0 | 0 | 0 | 0 |
| Misc Debtors | 310,499 | 2,238,830 | 2,473,948 | 1,597,991 | 1,333,904 | 841,774 | 197,088 | 143,039 | 143,075 | 86,276 |
| Cash | 102,512 | 683,314 | 1,103,598 | 1,399,004 | 1,418,969 | 644,759 | 541,063 | 64,661 | 271,699 | 221,840 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 35,602,717 | 34,418,728 | 28,864,466 | 20,762,274 | 21,994,575 | 16,206,886 | 10,870,800 | 5,954,337 | 4,061,364 | 3,435,339 |
| total assets | 35,605,599 | 42,908,473 | 41,350,027 | 26,263,588 | 26,457,722 | 19,084,105 | 13,664,899 | 6,968,160 | 5,055,377 | 3,739,173 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 146,407 | 652,044 | 119,535 | 144,965 | 170,556 | 41,056 | 49,555 | 63,186 | 48,261 | 105,581 |
| Group/Directors Accounts | 632,973 | 7,126,227 | 6,261,854 | 1,216,255 | 8,066,845 | 27,097,795 | 19,069,269 | 10,591,500 | 8,034,096 | 4,856,844 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 240,256 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 627,890 | 1,049,011 | 1,030,834 | 1,080,630 | 949,563 | 1,038,115 | 821,558 | 704,816 | 277,844 | 260,738 |
| total current liabilities | 1,647,526 | 8,827,282 | 7,412,223 | 2,441,850 | 9,186,964 | 28,176,966 | 19,940,382 | 11,359,502 | 8,360,201 | 5,223,163 |
| loans | 0 | 0 | 0 | 0 | 0 | 715,000 | 715,000 | 715,000 | 715,000 | 715,000 |
| hp & lease commitments | 100,106 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 38,898 | 82,861 | 119,933 | 0 | 0 |
| provisions | 0 | 284,710 | 230,428 | 175,825 | 1,817 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 100,106 | 284,710 | 230,428 | 175,825 | 1,817 | 753,898 | 797,861 | 834,933 | 715,000 | 715,000 |
| total liabilities | 1,747,632 | 9,111,992 | 7,642,651 | 2,617,675 | 9,188,781 | 28,930,864 | 20,738,243 | 12,194,435 | 9,075,201 | 5,938,163 |
| net assets | 33,857,967 | 33,796,481 | 33,707,376 | 23,645,913 | 17,268,941 | -9,846,759 | -7,073,344 | -5,226,275 | -4,019,824 | -2,198,990 |
| total shareholders funds | 33,857,967 | 33,796,481 | 33,707,376 | 23,645,913 | 17,268,941 | -9,846,759 | -7,073,344 | -5,226,275 | -4,019,824 | -2,198,990 |
| Jun 2020 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | 103,386 | 145,272 | 117,122 | -5,072,359 | -2,738,995 | -3,138,324 | -1,789,312 | -1,155,619 | -1,765,727 | -2,153,419 |
| Depreciation | 1,052,855 | 3,933,787 | 3,137,073 | 2,485,822 | 1,536,842 | 1,302,976 | 581,362 | 784,737 | 730,728 | 4,951 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 29,902 | 44,853 | 44,853 | 44,854 | 64,290 |
| Tax | 0 | 0 | -62 | 1,817 | 0 | -1,817 | 0 | 0 | 0 | 0 |
| Stock | 2,216 | 3,303,466 | 6,421,443 | -886,362 | 3,559,692 | 2,405,151 | 4,753,953 | 797,736 | 367,012 | 2,418,245 |
| Debtors | 35,497,989 | 2,671,080 | 1,976,155 | -414,865 | 1,453,787 | 2,862,238 | -313,892 | 1,356,167 | 209,154 | 795,254 |
| Creditors | 146,407 | 532,509 | -25,430 | -25,591 | 129,500 | -8,499 | -13,631 | 14,925 | -57,320 | 105,581 |
| Accruals and Deferred Income | 627,890 | 18,177 | -49,796 | 131,067 | -88,552 | 216,557 | 116,742 | 426,972 | 17,106 | 260,738 |
| Deferred Taxes & Provisions | 0 | 54,282 | 54,603 | 174,008 | 1,817 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -33,569,667 | -1,290,519 | -5,164,088 | -1,004,009 | -6,172,867 | -6,866,594 | -5,500,047 | -2,038,035 | -1,606,525 | -4,931,358 |
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | 0 | -490,710 | 0 | 563,259 | 434,782 | 167,982 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 632,973 | 864,373 | 5,045,599 | -6,850,590 | -19,030,950 | 8,028,526 | 8,477,769 | 2,557,404 | 3,177,252 | 4,856,844 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | -715,000 | 0 | 0 | 0 | 0 | 715,000 |
| Hire Purchase and Lease Commitments | 340,362 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | -38,898 | -43,963 | -37,072 | 119,933 | 0 | 0 |
| share issue | ||||||||||
| interest | -41,900 | -56,167 | -55,597 | -15,681 | -88,878 | 209,160 | -57,757 | -50,832 | -55,107 | -45,572 |
| cash flow from financing | 34,727,916 | 808,206 | 14,990,002 | 4,596,924 | 10,069,847 | 8,351,289 | 8,382,940 | 2,626,505 | 3,122,145 | 5,526,273 |
| cash and cash equivalents | ||||||||||
| cash | 102,512 | -420,284 | -295,406 | -19,965 | 774,210 | 103,696 | 476,402 | -207,038 | 49,859 | 221,840 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 102,512 | -420,284 | -295,406 | -19,965 | 774,210 | 103,696 | 476,402 | -207,038 | 49,859 | 221,840 |
k2m uk limited Credit Report and Business Information
K2m Uk Limited Competitor Analysis
Perform a competitor analysis for k2m uk limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other undefined companies, companies in RG14 area or any other competitors across 12 key performance metrics.
k2m uk limited Ownership
K2M UK LIMITED group structure
K2M Uk Limited has no subsidiary companies.
Ultimate parent company
STRYKER CORPORATION
#0048640
2 parents
K2M UK LIMITED
06950302
k2m uk limited directors
K2M Uk Limited currently has 3 directors. The longest serving directors include Mr William Berry Jr (May 2021) and Mr Paul Bean (May 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr William Berry Jr | Northern Ireland | 59 years | May 2021 | - | Director |
| Mr Paul Bean | United Kingdom | 50 years | May 2021 | - | Director |
| Mr William Berry Jr | United States | 59 years | May 2021 | - | Director |
P&L
June 2020turnover
15.4m
0%
operating profit
103.4k
0%
gross margin
30.9%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2020net assets
33.9m
0%
total assets
35.6m
0%
cash
102.5k
0%
net assets
Total assets minus all liabilities
Similar Companies
k2m uk limited company details
company number
06950302
Type
Private limited with Share Capital
industry
47749 - Retail sale of medical and orthopaedic goods (other than hearing aids) n.e.c., in specialised stores
incorporation date
July 2009
age
15
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
June 2020
previous names
N/A
accountant
-
auditor
ERNST & YOUNG LLP
address
stryker house hambridge road, newbury, berks, RG14 5AW
Bank
BANK OF AMERICA NA
Legal Advisor
-
k2m uk 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 k2m uk limited.
k2m uk limited Capital Raised & Share Issues BETA
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k2m uk limited Companies House Filings - See Documents
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