Kornit Digital/kornitx Limited

POWER SEARCH PRICING

SOLUTIONS

kornit digital/kornitx limited Company Information

Company Number

07243927

Next Accounts

546 days late

Directors

Ronen Samuel

Lauri Hanover Toobi

Shareholders

kornit digital uk ltd

Group Structure

View All

Industry

Computer consultancy activities

Registered Address

pinewood court larkwood way, tytherington business park, macclesfield, SK10 2XR

Website

www.custom-gateway.co.uk

kornit digital/kornitx limited Estimated Valuation

£4.1m

Pomanda estimates the enterprise value of KORNIT DIGITAL/KORNITX LIMITED at £4.1m based on a Turnover of £5.4m and 0.76x industry multiple (adjusted for size and gross margin).

Edit your figures and get a professional valuation report.

Kornit Digital/kornitx Limited is a live company located in macclesfield, SK10 2XR with a Companies House number of 07243927. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in May 2010, it's largest shareholder is kornit digital uk ltd with a 100% stake. Kornit Digital/kornitx Limited is a established, mid sized company, Pomanda has estimated its turnover at £5.4m with healthy growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Kornit Digital/Kornitx Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 2 areas for improvement. Company Health Check FAQs

Health Rating4out of 5

4 Strong

5 Regular

2 Weak

Size

annual sales of £5.4m, make it larger than the average company (£1.9m)

Growth

3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (3.3%)

EXPORT

Kornit Digital/Kornitx Limited's latest turnover from December 2021 is estimated at £5.4 million and the company has net assets of £1.2 million. According to their latest financial statements, Kornit Digital/Kornitx Limited has 42 employees and maintains cash reserves of £673.4 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	May 2013	May 2012	May 2011
Turnover	5,431,100	6,161,685	3,961,460	3,618,723	4,123,417	3,094,263	903,488	1,324,587	786,217	783,388	121,204	78,321
Other Income Or Grants
Cost Of Sales	2,906,081	3,102,137	1,765,522	1,789,057	1,839,615	1,345,332	396,635	581,498	322,918	274,125	43,053	30,108
Gross Profit	2,525,019	3,059,548	2,195,938	1,829,666	2,283,803	1,748,931	506,854	743,088	463,299	509,263	78,151	48,213
Admin Expenses	3,866,821	2,637,741	2,667,850	1,113,435	1,856,775	1,412,666	569,705	604,461	339,806	437,755	-76,869	47,345
Operating Profit	-1,341,802	421,807	-471,912	716,231	427,028	336,265	-62,851	138,627	123,493	71,508	155,020	868
Interest Payable			3,185	1,269
Interest Receivable	1,589	674			1,549	730	750	484	281	296	17	1
Pre-Tax Profit	-1,340,213	422,480	-475,097	-717,500	428,578	336,995	-62,101	139,111	123,774	71,804	155,037	869
Tax		-80,271	129,219	58,912	-81,430	-67,399		-29,213	-28,468	-16,515	-37,209	-226
Profit After Tax	-1,340,213	342,209	-345,878	-658,588	347,148	269,596	-62,101	109,898	95,306	55,289	117,828	643
Dividends Paid
Retained Profit	-1,340,213	342,209	-345,878	-658,588	347,148	269,596	-62,101	109,898	95,306	55,289	117,828	643
Employee Costs	2,327,217	2,003,352	2,459,075	2,935,165	2,679,595	1,297,501	411,469	588,253	341,259	378,606	54,111	52,202
Number Of Employees	42	39	46	50	49	22	7	10	6	7	1	1
EBITDA*	-1,124,006	610,354	-266,311	910,762	591,969	393,749	-20,995	168,630	136,846	72,169	155,399	1,247

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	May 2013	May 2012	May 2011
Tangible Assets	160,463	33,644	52,283	59,585	71,158	57,459	24,216	15,554	17,113	16,415	1,137	1,516
Intangible Assets	761,395	950,982	1,121,121	1,221,253	1,215,866	596,669	423,812	322,380	244,654	189,365	105,727
Investments & Other	1,005	1,005			1,007	1,004	4	4	4	4
Debtors (Due After 1 year)
Total Fixed Assets	922,863	985,631	1,173,404	1,280,838	1,288,031	655,132	448,032	337,938	261,771	205,784	106,864	1,516
Stock & work in progress			14,846	15,780	25,410
Trade Debtors	993,244	1,344,469	1,068,053	1,008,855	725,156	579,448	171,276	244,026	138,133	130,873	15,646	12,973
Group Debtors	605,908	1,279,355		154,379	89,357
Misc Debtors	145,773	159,719	153,000	114,667	215,738	169,420	100,891
Cash	673,377	597,883	749,353	1,705,746	247,789	371,941	212,433	87,547	106,161	112,235	6,188	484
misc current assets
total current assets	2,418,302	3,381,426	1,985,252	2,999,427	1,278,040	1,120,809	484,600	331,573	244,294	243,108	21,834	13,457
total assets	3,341,165	4,367,057	3,158,656	4,280,265	2,566,071	1,775,941	932,632	669,511	506,065	448,892	128,698	14,973
Bank overdraft
Bank loan
Trade Creditors	740,886	850,672	507,299	711,255	548,725	343,044	35,327	84,809	31,261	14,105		4,027
Group/Directors Accounts	561,507				1,000
other short term finances
hp & lease commitments	4,220
other current liabilities	795,832	796,452	436,618	953,199	530,168	317,111	87,911
total current liabilities	2,102,445	1,647,124	943,917	1,664,454	1,079,893	660,155	123,238	84,809	31,261	14,105		4,027
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions		141,000	85,806	141,000	141,000	123,000	89,606	227	227	227	227	303
total long term liabilities		141,000	85,806	141,000	141,000	123,000	89,606	227	227	227	227	303
total liabilities	2,102,445	1,788,124	1,029,723	1,805,454	1,220,893	783,155	212,844	85,036	31,488	14,332	227	4,330
net assets	1,238,720	2,578,933	2,128,933	2,474,811	1,345,178	992,786	719,788	584,475	474,577	434,560	128,471	10,643
total shareholders funds	1,238,720	2,578,933	2,128,933	2,474,811	1,345,178	992,786	719,788	584,475	474,577	434,560	128,471	10,643

	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	May 2013	May 2012	May 2011
Operating Activities
Operating Profit	-1,341,802	421,807	-471,912	716,231	427,028	336,265	-62,851	138,627	123,493	71,508	155,020	868
Depreciation	28,209	19,879	22,748	20,509	16,875	7,858	5,956	4,430	2,307	661	379	379
Amortisation	189,587	168,668	182,853	174,022	148,066	49,626	35,900	25,573	11,046
Tax		-80,271	129,219	58,912	-81,430	-67,399		-29,213	-28,468	-16,515	-37,209	-226
Stock		-14,846	-934	-9,630	25,410
Debtors	-1,038,618	1,562,490	-56,848	247,650	281,383	476,701	28,141	105,893	122,487	115,227	2,673	12,973
Creditors	-109,786	343,373	-203,956	162,530	205,681	307,717	-49,482	53,548	31,261	14,105	-4,027	4,027
Accruals and Deferred Income	-620	359,834	-516,581	423,031	213,057	229,200	87,911
Deferred Taxes & Provisions	-141,000	55,194	-55,194		18,000	33,394	89,379				-76	303
Cash flow from operations	-336,794	-259,160	-855,041	1,317,215	640,484	419,960	78,672	87,072	17,152	-45,468	111,414	-7,622
Investing Activities
capital expenditure	-155,028	231	-98,167	-188,345	-797,837	-263,584	-151,950	-106,170	-168,256	-99,577	-105,727	-1,895
Change in Investments		1,005		-1,007	3	1,000			4	4
cash flow from investments	-155,028	-774	-98,167	-187,338	-797,840	-264,584	-151,950	-106,170	-168,260	-99,581	-105,727	-1,895
Financing Activities
Bank loans
Group/Directors Accounts	561,507			-1,000	1,000
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments	4,220
other long term liabilities
share issue		107,791		1,788,221	5,244	3,402	197,414		250,800	250,800		10,000
interest	1,589	674	-3,185	-1,269	1,549	730	750	484	281	296	17	1
cash flow from financing	567,316	108,465	-3,185	1,785,952	7,793	4,132	198,164	484	251,081	251,096	17	10,001
cash and cash equivalents
cash	75,494	-151,470	-956,393	1,457,957	-124,152	159,508	124,886	-18,614	99,973	106,047	5,704	484
overdraft
change in cash	75,494	-151,470	-956,393	1,457,957	-124,152	159,508	124,886	-18,614	99,973	106,047	5,704	484

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for kornit digital/kornitx limited. Get real-time insights into kornit digital/kornitx limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for kornit digital/kornitx limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other mid companies, companies in SK10 area or any other competitors across 12 key performance metrics.

KORNIT DIGITAL/KORNITX LIMITED group structure

Kornit Digital/Kornitx Limited has 2 subsidiary companies.

Ultimate parent company

KORNIT DIGITAL LTD

#0131528

KORNIT DIGITAL UK LTD

10937961

2 parents

KORNIT DIGITAL/KORNITX LIMITED

07243927

2 subsidiaries

UR-IN THE PAPER LIMITED

05351178

WATERMELON LIMITED

04077391

KORNIT DIGITAL/KORNITX LIMITED Shareholders

kornit digital uk ltd

100%

Kornit Digital/Kornitx Limited currently has 2 directors. The longest serving directors include Mr Ronen Samuel (Aug 2020) and Ms Lauri Hanover Toobi (Nov 2022).

officer	country	age	start	end	role
Mr Ronen Samuel	Israel	56 years	Aug 2020	-	Director
Ms Lauri Hanover Toobi	Israel	65 years	Nov 2022	-	Director

P&L

December 2021

turnover

5.4m

-12%

operating profit

-1.3m

gross margin

46.5%

-6.37%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2021

net assets

1.2m

-0.52%

total assets

3.3m

-0.23%

cash

673.4k

+0.13%

net assets

Total assets minus all liabilities

Similar Companies

sro solutions limited

3.5

autocoding systems limited

flatworldworks limited

2.5

total enterprise solutions limited

3.5

core gaming limited

1.5

company number

07243927

Type

Private limited with Share Capital

industry

62020 - Computer consultancy activities

incorporation date

May 2010

ultimate parent company

KORNIT DIGITAL LTD

previous names

custom gateway limited (May 2022)

gateway 3d limited (November 2016)

address

pinewood court larkwood way, tytherington business park, macclesfield, SK10 2XR

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 kornit digital/kornitx limited.

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 KORNIT DIGITAL/KORNITX LIMITED. This can take several minutes, an email will notify you when this has completed.

kornit digital/kornitx limited Company Information

kornit digital/kornitx limited Estimated Valuation

kornit digital/kornitx limited Estimated Valuation

kornit digital/kornitx limited Estimated Valuation

Kornit Digital/kornitx Limited Overview

Kornit Digital/kornitx Limited Health Check

KORNIT DIGITAL/KORNITX LIMITED financials

kornit digital/kornitx limited Credit Report and Business Information

Kornit Digital/kornitx Limited Competitor Analysis

kornit digital/kornitx limited Ownership

kornit digital/kornitx limited directors

kornit digital/kornitx limited company details

kornit digital/kornitx limited Charges & Mortgages

kornit digital/kornitx limited Capital Raised & Share Issues BETA

kornit digital/kornitx limited Companies House Filings - See Documents