Kitching Plant Hire Ltd

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kitching plant hire ltd Company Information

Live

EstablishedSmallHealthy

Company Number

07676894

Next Accounts

Dec 2025

Industry

Renting and leasing of other machinery, equipment and tangible goods n.e.c.

Directors

Matthew Kitching

Jason Kitching

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Shareholders

shirley annette kitching

jason david kitching

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Group Structure

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Contact

Registered Address

camwal road starbeck, harrogate, north yorkshire, HG1 4PT

Website

www.kitchingplanthire.co.uk

kitching plant hire ltd Estimated Valuation

£24.3m

Pomanda estimates the enterprise value of KITCHING PLANT HIRE LTD at £24.3m based on Net Assets of £10.4m and 2.33x industry multiple (adjusted for liquidity).

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Kitching Plant Hire Ltd is a live company located in north yorkshire, HG1 4PT with a Companies House number of 07676894. It operates in the renting and leasing of other machinery, equipment and tangible goods n.e.c. sector, SIC Code 77390. Founded in June 2011, it's largest shareholder is shirley annette kitching with a 46.6% stake. Kitching Plant Hire Ltd is a established, small sized company, Pomanda has estimated its turnover at £4.6m with healthy growth in recent years.

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Pomanda's financial health check has awarded Kitching Plant Hire Ltd a 4.5 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 Rating4.5out of 5

3 Strong

4 Regular

5 Weak

Size

annual sales of £4.6m, make it smaller than the average company (£10.9m)

Growth

3 year (CAGR) sales growth of 6%, show it is growing at a similar rate (7.1%)

EXPORT

Kitching Plant Hire Ltd's latest turnover from March 2024 is estimated at £4.6 million and the company has net assets of £10.4 million. According to their latest financial statements, Kitching Plant Hire Ltd has 24 employees and maintains cash reserves of £5.6 million as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2012
Turnover	4,574,602	4,428,883	4,098,749	3,802,377	3,871,420	4,561,395	3,586,352	3,661,561	3,743,410	5,255,040	4,758,752	3,916,836	8,180,719
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	2,341,685	2,378,946	2,271,276	2,194,992	2,290,824	2,633,648	2,085,017	2,234,262	2,315,345	3,093,867	2,827,994	2,316,736	4,544,034
Gross Profit	2,232,917	2,049,938	1,827,473	1,607,385	1,580,597	1,927,748	1,501,335	1,427,300	1,428,065	2,161,173	1,930,757	1,600,100	3,636,686
Admin Expenses	540,445	296,338	648,992	185,205	208,701	226,316	-107,860	-709,135	123,311	1,086,019	1,012,288	1,170,060	4,465,490
Operating Profit	1,692,472	1,753,600	1,178,481	1,422,180	1,371,896	1,701,432	1,609,195	2,136,435	1,304,754	1,075,154	918,469	430,040	-828,804
Interest Payable	509,080	462,667	309,174	284,945	289,455	329,599	324,103	312,536	162,466	0	0	0	0
Interest Receivable	268,434	174,335	27,602	3,148	2,130	12,832	8,104	2,749	4,255	4,280	2,641	1,190	246
Pre-Tax Profit	1,451,825	1,465,268	896,910	1,140,383	1,084,570	1,384,665	1,293,196	1,826,648	1,146,544	1,079,434	921,110	431,230	-828,558
Tax	-362,956	-278,401	-170,413	-216,673	-206,068	-263,086	-245,707	-365,329	-229,309	-226,681	-211,855	-103,495	0
Profit After Tax	1,088,869	1,186,867	726,497	923,710	878,502	1,121,579	1,047,489	1,461,318	917,235	852,753	709,255	327,735	-828,558
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	1,088,869	1,186,867	726,497	923,710	878,502	1,121,579	1,047,489	1,461,318	917,235	852,753	709,255	327,735	-828,558
Employee Costs	1,103,400	1,180,104	1,077,290	982,314	985,000	1,073,742	1,014,358	1,081,446	1,060,408	1,229,781	1,126,510	883,342	1,844,146
Number Of Employees	24	27	25	25	25	28	27	30	30	34	32	27	56
EBITDA*	3,415,532	3,504,548	2,785,310	2,871,273	2,802,365	3,124,727	2,746,074	2,816,642	2,644,310	2,370,562	2,177,031	1,653,199	201,633

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2012
Tangible Assets	9,713,096	9,253,413	8,608,070	7,561,609	7,672,097	7,818,891	6,501,912	5,766,147	4,631,459	4,543,780	4,389,655	4,086,713	4,616,157
Intangible Assets	761,285	866,291	971,297	1,076,303	1,181,309	1,286,315	1,391,321	1,496,327	1,601,333	1,706,339	1,811,345	1,916,351	2,021,357
Investments & Other	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
Total Fixed Assets	10,474,381	10,119,704	9,579,367	8,637,912	8,853,406	9,105,206	7,893,233	7,262,474	6,232,792	6,250,119	6,201,000	6,003,064	6,637,514
Stock & work in progress	183,249	144,992	71,795	72,843	74,596	62,104	44,832	75,058	29,614	39,340	32,118	18,256	58,840
Trade Debtors	905,804	952,263	1,047,947	894,278	860,833	1,075,740	820,171	799,841	880,218	871,624	872,088	850,573	777,424
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	89,306	165,900	108,367	54,334	121,867	124,185	75,265	69,883	79,231	0	0	0	0
Cash	5,636,255	4,589,803	3,614,193	3,746,463	2,549,581	1,710,333	1,711,588	1,529,882	669,087	1,033,070	678,854	377,650	98,452
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	6,814,614	5,852,958	4,842,302	4,767,918	3,606,877	2,972,362	2,651,856	2,474,664	1,658,150	1,944,034	1,583,060	1,246,479	934,716
total assets	17,288,995	15,972,662	14,421,669	13,405,830	12,460,283	12,077,568	10,545,089	9,737,138	7,890,942	8,194,153	7,784,060	7,249,543	7,572,230
Bank overdraft	0	0	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
Trade Creditors	151,186	294,604	164,265	97,541	289,329	341,054	150,202	166,375	78,475	1,779,224	1,167,884	696,622	5,682,688
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0	0	0
other short term finances	2,024,901	2,004,130	2,002,235	2,137,182	2,183,997	2,135,050	2,159,549	1,691,548	1,288,311	0	0	0	0
hp & lease commitments	66,662	51,942	0	0	0	468,903	0	210,670	0	0	0	0	0
other current liabilities	444,251	354,860	291,910	335,345	162,905	235,011	298,367	326,063	336,992	0	0	0	0
total current liabilities	2,687,000	2,705,536	2,458,410	2,570,068	2,636,231	3,180,018	2,608,118	2,394,656	1,703,778	1,779,224	1,167,884	696,622	5,682,688
loans	2,510,644	2,510,644	2,510,644	2,510,644	2,510,644	2,660,644	2,810,644	3,310,644	3,710,644	0	0	0	0
hp & lease commitments	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
other liabilities	0	0	0	0	0	0	0	0	0	4,880,644	1,420,000	1,960,000	1,960,000
provisions	1,678,000	1,432,000	1,315,000	914,000	826,000	628,000	639,000	592,000	498,000	473,000	477,000	583,000	758,000
total long term liabilities	4,188,644	3,942,644	3,825,644	3,424,644	3,336,644	3,288,644	3,449,644	3,902,644	4,208,644	5,353,644	1,897,000	2,543,000	2,718,000
total liabilities	6,875,644	6,648,180	6,284,054	5,994,712	5,972,875	6,468,662	6,057,762	6,297,300	5,912,422	7,132,868	3,064,884	3,239,622	8,400,688
net assets	10,413,351	9,324,482	8,137,615	7,411,118	6,487,408	5,608,906	4,487,327	3,439,838	1,978,520	1,061,285	4,719,176	4,009,921	-828,458
total shareholders funds	10,413,351	9,324,482	8,137,615	7,411,118	6,487,408	5,608,906	4,487,327	3,439,838	1,978,520	1,061,285	4,719,176	4,009,921	-828,458

	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2012
Operating Activities
Operating Profit	1,692,472	1,753,600	1,178,481	1,422,180	1,371,896	1,701,432	1,609,195	2,136,435	1,304,754	1,075,154	918,469	430,040	-828,804
Depreciation	1,618,054	1,645,942	1,501,823	1,344,087	1,325,463	1,318,289	1,031,873	575,201	1,234,550	1,190,402	1,153,556	1,118,153	951,682
Amortisation	105,006	105,006	105,006	105,006	105,006	105,006	105,006	105,006	105,006	105,006	105,006	105,006	78,755
Tax	-362,956	-278,401	-170,413	-216,673	-206,068	-263,086	-245,707	-365,329	-229,309	-226,681	-211,855	-103,495	0
Stock	38,257	73,197	-1,048	-1,753	12,492	17,272	-30,226	45,444	-9,726	7,222	13,862	-40,584	58,840
Debtors	-123,053	-38,151	207,702	-34,088	-217,225	304,489	25,712	-89,725	87,825	-464	21,515	73,149	777,424
Creditors	-143,418	130,339	66,724	-191,788	-51,725	190,852	-16,173	87,900	-1,700,749	611,340	471,262	-4,986,066	5,682,688
Accruals and Deferred Income	89,391	62,950	-43,435	172,440	-72,106	-63,356	-27,696	-10,929	336,992	0	0	0	0
Deferred Taxes & Provisions	246,000	117,000	401,000	88,000	198,000	-11,000	47,000	94,000	25,000	-4,000	-106,000	-175,000	758,000
Cash flow from operations	3,329,345	3,501,390	2,832,532	2,759,093	2,875,199	2,656,376	2,508,012	2,666,565	998,145	2,744,463	2,295,061	-3,643,927	5,806,057
Investing Activities
capital expenditure	-2,077,737	-2,291,285	-2,548,284	-1,233,599	-1,178,669	-2,635,268	-1,767,638	-1,709,889	-1,322,229	-1,344,527	-1,456,498	-588,709	-7,667,951
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	-2,077,737	-2,291,285	-2,548,284	-1,233,599	-1,178,669	-2,635,268	-1,767,638	-1,709,889	-1,322,229	-1,344,527	-1,456,498	-588,709	-7,667,951
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Short Term Loans	20,771	1,895	-134,947	-46,815	48,947	-24,499	468,001	403,237	1,288,311	0	0	0	0
Long term loans	0	0	0	0	-150,000	-150,000	-500,000	-400,000	3,710,644	0	0	0	0
Hire Purchase and Lease Commitments	14,720	51,942	0	0	-468,903	468,903	-210,670	210,670	0	0	0	0	0
other long term liabilities	0	0	0	0	0	0	0	0	-4,880,644	3,460,644	-540,000	0	1,960,000
share issue	0	0	0	0	0	0	0	0	0	-4,510,644	0	4,510,644	100
interest	-240,646	-288,332	-281,572	-281,797	-287,325	-316,767	-315,999	-309,787	-158,211	4,280	2,641	1,190	246
cash flow from financing	-205,155	-234,495	-416,519	-328,612	-857,281	-22,363	-558,668	-95,880	-39,900	-1,045,720	-537,359	4,511,834	1,960,346
cash and cash equivalents
cash	1,046,452	975,610	-132,270	1,196,882	839,248	-1,255	181,706	860,795	-363,983	354,216	301,204	279,198	98,452
overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	1,046,452	975,610	-132,270	1,196,882	839,248	-1,255	181,706	860,795	-363,983	354,216	301,204	279,198	98,452

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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KITCHING PLANT HIRE LTD group structure

Kitching Plant Hire Ltd has no subsidiary companies.

Ultimate parent company

KITCHING PLANT HIRE LTD

07676894

KITCHING PLANT HIRE LTD Shareholders

shirley annette kitching	46.59%
jason david kitching	32.52%
matthew john kitching	20.9%
executors of david albert kitching	0%

Kitching Plant Hire Ltd currently has 3 directors. The longest serving directors include Mr Matthew Kitching (Jul 2011) and Mr Jason Kitching (Jul 2011).

officer	country	age	start	end	role
Mr Matthew Kitching	United Kingdom	44 years	Jul 2011	-	Director
Mr Jason Kitching	United Kingdom	49 years	Jul 2011	-	Director
Mrs Shirley Kitching	United Kingdom	77 years	Jul 2011	-	Director

P&L

March 2024

turnover

4.6m

+3%

operating profit

1.7m

gross margin

48.9%

+5.46%

turnover

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

Balance Sheet

March 2024

net assets

10.4m

+0.12%

total assets

17.3m

+0.08%

cash

5.6m

+0.23%

net assets

Total assets minus all liabilities

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company number

07676894

Type

Private limited with Share Capital

industry

77390 - Renting and leasing of other machinery, equipment and tangible goods n.e.c.

incorporation date

June 2011

ultimate parent company

None

previous names

d & s kitching limited (September 2018)

address

camwal road starbeck, harrogate, north yorkshire, HG1 4PT

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.

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kitching plant hire ltd Company Information

kitching plant hire ltd Estimated Valuation

kitching plant hire ltd Estimated Valuation

kitching plant hire ltd Estimated Valuation

Kitching Plant Hire Ltd Overview

Kitching Plant Hire Ltd Health Check

KITCHING PLANT HIRE LTD financials

kitching plant hire ltd Credit Report and Business Information

Kitching Plant Hire Ltd Competitor Analysis

kitching plant hire ltd Ownership

kitching plant hire ltd directors

kitching plant hire ltd company details

kitching plant hire ltd Charges & Mortgages

kitching plant hire ltd Capital Raised & Share Issues BETA

kitching plant hire ltd Companies House Filings - See Documents