Pomanda estimates the enterprise value of I & K CONTRACTING SERVICES LTD at £38.3k based on a Turnover of £198.2k and 0.19x industry multiple (adjusted for size and gross margin).
i & k contracting services ltdEstimated Valuation
£9k
Pomanda estimates the enterprise value of I & K CONTRACTING SERVICES LTD at £9k based on an EBITDA of £3.9k and a 2.3x industry multiple (adjusted for size and gross margin).
i & k contracting services ltdEstimated Valuation
£57k
Pomanda estimates the enterprise value of I & K CONTRACTING SERVICES LTD at £57k based on Net Assets of £29.9k and 1.91x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
I & K Contracting Services LtdOverview
I & K Contracting Services Ltd is a dissolved company that was located in kent, ME5 8EY with a Companies House number of 07149343. It operated in the construction of water projects sector, SIC Code 42910. Founded in February 2010, it's largest shareholder was
ian barnham
with a 100% stake. The last turnover for I & K Contracting Services Ltd was estimated at £198.2k.
Pomanda's financial health check has awarded I & K Contracting Services Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating2.5out of 5
3 Strong
1 Regular
6 Weak
Size
annual sales of £198.2k, make it smaller than the average company (£14.1m)
£198.2k - I & K Contracting Services Ltd
£14.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 225%, show it is growing at a faster rate (8.4%)
225% - I & K Contracting Services Ltd
8.4% - Industry AVG
Production
with a gross margin of 6%, this company has a higher cost of product (14.5%)
6% - I & K Contracting Services Ltd
14.5% - Industry AVG
Profitability
an operating margin of 2% make it less profitable than the average company (3.1%)
2% - I & K Contracting Services Ltd
3.1% - Industry AVG
Employees
with 2 employees, this is below the industry average (64)
2 - I & K Contracting Services Ltd
64 - Industry AVG
Pay Structure
on an average salary of £51.7k, the company has an equivalent pay structure (£51.7k)
£51.7k - I & K Contracting Services Ltd
£51.7k - Industry AVG
Efficiency
resulting in sales per employee of £99.1k, this is less efficient (£187.3k)
£99.1k - I & K Contracting Services Ltd
£187.3k - Industry AVG
Debtor Days
it gets paid by customers after 99 days, this is later than average (62 days)
99 days - I & K Contracting Services Ltd
62 days - Industry AVG
Creditor Days
its suppliers are paid after 47 days, this is slower than average (38 days)
47 days - I & K Contracting Services Ltd
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - I & K Contracting Services Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - I & K Contracting Services Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 44.8%, this is a lower level of debt than the average (70.4%)
44.8% - I & K Contracting Services Ltd
70.4% - Industry AVG
I & K CONTRACTING SERVICES LTD financials
EXPORT
I & K Contracting Services Ltd's latest turnover from March 2020 is estimated at £198.2 thousand and the company has net assets of £29.9 thousand. According to their latest financial statements, I & K Contracting Services Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Feb 2014
Feb 2013
Feb 2012
Feb 2011
Turnover
198,171
196,647
6,193
5,772
79,065
26,649
19,367
21,200
69,520
Other Income Or Grants
Cost Of Sales
186,206
182,770
5,710
5,167
68,985
24,509
17,525
18,306
63,393
Gross Profit
11,965
13,877
483
606
10,081
2,140
1,842
2,894
6,128
Admin Expenses
8,058
-5,741
-6,176
3,442
10,195
2,251
396
10,539
-13,678
Operating Profit
3,907
19,618
6,659
-2,836
-114
-111
1,446
-7,645
19,806
Interest Payable
Interest Receivable
64
68
22
42
44
40
62
42
Pre-Tax Profit
3,907
19,681
6,727
-2,814
-72
-67
1,486
-7,583
19,847
Tax
-742
-3,739
-1,278
-342
-5,160
Profit After Tax
3,165
15,942
5,449
-2,814
-72
-67
1,144
-7,583
14,687
Dividends Paid
Retained Profit
3,165
15,942
5,449
-2,814
-72
-67
1,144
-7,583
14,687
Employee Costs
103,500
47,245
45,190
44,572
41,065
39,392
41,600
40,531
41,322
Number Of Employees
2
1
1
1
1
1
1
1
1
EBITDA*
3,907
19,618
6,659
-2,836
-114
-111
1,446
-7,645
19,806
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Feb 2014
Feb 2013
Feb 2012
Feb 2011
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors
54,085
56,944
1,418
1,491
19,674
5,556
5,544
4,638
17,141
Group Debtors
Misc Debtors
40,144
19,287
Cash
17,003
10,138
7,208
9,690
7,798
8,025
16,600
misc current assets
total current assets
54,085
56,944
58,565
30,916
26,882
15,246
13,342
12,663
33,741
total assets
54,085
56,944
58,565
30,916
26,882
15,246
13,342
12,663
33,741
Bank overdraft
Bank loan
Trade Creditors
24,234
30,258
18,763
7,055
5,084
5,549
19,044
Group/Directors Accounts
22,415
172
other short term finances
hp & lease commitments
other current liabilities
25,396
25,439
total current liabilities
24,234
30,258
47,811
25,611
18,763
7,055
5,084
5,549
19,044
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
24,234
30,258
47,811
25,611
18,763
7,055
5,084
5,549
19,044
net assets
29,851
26,686
10,754
5,305
8,119
8,191
8,258
7,114
14,697
total shareholders funds
29,851
26,686
10,754
5,305
8,119
8,191
8,258
7,114
14,697
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Feb 2014
Feb 2013
Feb 2012
Feb 2011
Operating Activities
Operating Profit
3,907
19,618
6,659
-2,836
-114
-111
1,446
-7,645
19,806
Depreciation
Amortisation
Tax
-742
-3,739
-1,278
-342
-5,160
Stock
Debtors
-2,859
15,382
20,784
1,104
14,118
12
906
-12,503
17,141
Creditors
-6,024
30,258
-18,763
11,708
1,971
-465
-13,495
19,044
Accruals and Deferred Income
-25,396
-43
25,439
Deferred Taxes & Provisions
Cash flow from operations
5,359
-15,446
2,736
-2,524
1,848
-267
-8,637
16,549
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts
-22,415
22,243
172
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
-10
10
interest
64
68
22
42
44
40
62
42
cash flow from financing
-22,361
22,311
194
42
44
40
62
52
cash and cash equivalents
cash
-17,003
6,865
2,930
-2,482
1,892
-227
-8,575
16,600
overdraft
change in cash
-17,003
6,865
2,930
-2,482
1,892
-227
-8,575
16,600
i & k contracting services 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 i & k contracting services ltd. Get real-time insights into i & k contracting services ltd's credit score, group structure and payment trends.
I & K Contracting Services Ltd Competitor Analysis
Perform a competitor analysis for i & k contracting services ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other undefined companies, companies in ME5 area or any other competitors across 12 key performance metrics.
i & k contracting services ltd Ownership
I & K CONTRACTING SERVICES LTD group structure
I & K Contracting Services Ltd has no subsidiary companies.
Ultimate parent company
I & K CONTRACTING SERVICES LTD
07149343
I & K CONTRACTING SERVICES LTD Shareholders
The sole shareholder of I & K Contracting Services Ltd is Ian Barnham.
ian barnham
100%
i & k contracting services ltd directors
I & K Contracting Services Ltd currently has 2 directors.
The longest serving directors include
Mr Ian Barnham (Feb 2010) and
Ms Karen Barnham (Mar 2010).
i & k contracting services 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 i & k contracting services ltd.
i & k contracting services 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 I & K CONTRACTING SERVICES LTD. This can take several minutes, an email will notify you when this has completed.
i & k contracting services ltdCompanies House Filings - See Documents
