king kitchens ltd
king kitchens ltd Company Information
Company Number
07965403
Website
www.kingkitchens.co.ukRegistered Address
11 roman way business centre, berry hill, droitwich spa, worcestershire, WR9 9AJ
Industry
Other construction installation
Telephone
01684439243
Next Accounts Due
342 days late
Group Structure
View All
Shareholders
mika andrew king 90%
david king 10%
king kitchens ltd Estimated Valuation
Pomanda estimates the enterprise value of KING KITCHENS LTD at £11.5k based on a Turnover of £28.2k and 0.41x industry multiple (adjusted for size and gross margin).
king kitchens ltd Estimated Valuation
Pomanda estimates the enterprise value of KING KITCHENS LTD at £0 based on an EBITDA of £-27.9k and a 3.84x industry multiple (adjusted for size and gross margin).
king kitchens ltd Estimated Valuation
Pomanda estimates the enterprise value of KING KITCHENS LTD at £0 based on Net Assets of £-10.3k and 2.99x industry multiple (adjusted for liquidity).
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King Kitchens Ltd Overview
King Kitchens Ltd is a live company located in droitwich spa, WR9 9AJ with a Companies House number of 07965403. It operates in the other construction installation sector, SIC Code 43290. Founded in February 2012, it's largest shareholder is mika andrew king with a 90% stake. King Kitchens Ltd is a established, micro sized company, Pomanda has estimated its turnover at £28.2k with declining growth in recent years.
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King Kitchens Ltd Health Check
Pomanda's financial health check has awarded King Kitchens 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 £28.2k, make it smaller than the average company (£956.1k)
- King Kitchens Ltd
£956.1k - Industry AVG
Growth
3 year (CAGR) sales growth of -28%, show it is growing at a slower rate (3.7%)
- King Kitchens Ltd
3.7% - Industry AVG
Production
with a gross margin of 15%, this company has a higher cost of product (27.5%)
- King Kitchens Ltd
27.5% - Industry AVG
Profitability
an operating margin of -98.9% make it less profitable than the average company (5.8%)
- King Kitchens Ltd
5.8% - Industry AVG
Employees
with 1 employees, this is below the industry average (8)
- King Kitchens Ltd
8 - Industry AVG
Pay Structure
on an average salary of £40.1k, the company has an equivalent pay structure (£40.1k)
- King Kitchens Ltd
£40.1k - Industry AVG
Efficiency
resulting in sales per employee of £28.2k, this is less efficient (£158.5k)
- King Kitchens Ltd
£158.5k - Industry AVG
Debtor Days
it gets paid by customers after 53 days, this is near the average (61 days)
- King Kitchens Ltd
61 days - Industry AVG
Creditor Days
its suppliers are paid after 166 days, this is slower than average (43 days)
- King Kitchens Ltd
43 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- King Kitchens Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - King Kitchens Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 130.4%, this is a higher level of debt than the average (67.5%)
130.4% - King Kitchens Ltd
67.5% - Industry AVG
KING KITCHENS LTD financials
King Kitchens Ltd's latest turnover from February 2022 is estimated at £28.2 thousand and the company has net assets of -£10.3 thousand. According to their latest financial statements, we estimate that King Kitchens Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 1 | 1 | 1 | 1 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 27,503 | 30,905 | 11,248 | 576 | 2,232 | 3,888 | 5,544 | 7,200 | 8,532 | 8,530 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 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 |
| Total Fixed Assets | 27,503 | 30,905 | 11,248 | 576 | 2,232 | 3,888 | 5,544 | 7,200 | 8,532 | 8,530 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 4,106 | 48,547 | 3,575 | 14,962 | 16,196 | 7,305 | 2,125 | 3,243 | 6,081 | 2,833 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 2,415 | 0 | 4,601 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 16 | 5,925 | 8,602 | 3,687 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 6,521 | 48,547 | 8,176 | 14,962 | 16,196 | 7,305 | 2,141 | 9,168 | 14,683 | 6,520 |
| total assets | 34,024 | 79,452 | 19,424 | 15,538 | 18,428 | 11,193 | 7,685 | 16,368 | 23,215 | 15,050 |
| 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 | 10,919 | 34,290 | 24,304 | 19,610 | 22,923 | 18,942 | 28,209 | 20,674 | 23,292 | 21,806 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 10,919 | 34,290 | 24,304 | 19,610 | 22,923 | 18,942 | 28,209 | 20,674 | 23,292 | 21,806 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 8,100 | 2,100 | 9,383 | 1,933 | 8,189 | 3,953 | 0 | 0 | 0 | 0 |
| other liabilities | 25,333 | 25,500 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 78 | 78 | 0 |
| total long term liabilities | 33,433 | 27,600 | 9,383 | 1,933 | 8,189 | 3,953 | 0 | 78 | 78 | 0 |
| total liabilities | 44,352 | 61,890 | 33,687 | 21,543 | 31,112 | 22,895 | 28,209 | 20,752 | 23,370 | 21,806 |
| net assets | -10,328 | 17,562 | -14,263 | -6,005 | -12,684 | -11,702 | -20,524 | -4,384 | -155 | -6,756 |
| total shareholders funds | -10,328 | 17,562 | -14,263 | -6,005 | -12,684 | -11,702 | -20,524 | -4,384 | -155 | -6,756 |
| Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | ||||||||||
| Depreciation | 1,656 | 1,656 | 1,558 | 627 | ||||||
| Amortisation | 0 | 0 | 0 | 0 | ||||||
| Tax | ||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -42,026 | 40,371 | -6,786 | -1,234 | 8,891 | 5,180 | -1,118 | -2,838 | 3,248 | 2,833 |
| Creditors | -23,371 | 9,986 | 4,694 | -3,313 | 3,981 | -9,267 | 7,535 | -2,618 | 1,486 | 21,806 |
| Accruals and Deferred Income | 6,000 | -7,283 | 7,450 | -6,256 | 4,236 | 3,953 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | -78 | 0 | 78 | 0 |
| Cash flow from operations | ||||||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | 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 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -167 | 25,500 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||
| interest | ||||||||||
| cash flow from financing | ||||||||||
| cash and cash equivalents | ||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | -16 | -5,909 | -2,677 | 4,915 | 3,687 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | -16 | -5,909 | -2,677 | 4,915 | 3,687 |
king kitchens ltd Credit Report and Business Information
King Kitchens Ltd Competitor Analysis
Perform a competitor analysis for king kitchens ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in WR9 area or any other competitors across 12 key performance metrics.
king kitchens ltd Ownership
KING KITCHENS LTD group structure
King Kitchens Ltd has no subsidiary companies.
Ultimate parent company
KING KITCHENS LTD
07965403
king kitchens ltd directors
King Kitchens Ltd currently has 2 directors. The longest serving directors include Mr Mika King (Feb 2012) and Mr David King (Jul 2012).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mika King | England | 48 years | Feb 2012 | - | Director |
| Mr David King | England | 77 years | Jul 2012 | - | Director |
P&L
February 2022turnover
28.2k
-80%
operating profit
-27.9k
0%
gross margin
15%
-15.96%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2022net assets
-10.3k
-1.59%
total assets
34k
-0.57%
cash
0
0%
net assets
Total assets minus all liabilities
king kitchens ltd company details
company number
07965403
Type
Private limited with Share Capital
industry
43290 - Other construction installation
incorporation date
February 2012
age
12
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
February 2022
previous names
N/A
accountant
NIC RAWLINGS LIMITED
auditor
-
address
11 roman way business centre, berry hill, droitwich spa, worcestershire, WR9 9AJ
Bank
-
Legal Advisor
-
king kitchens 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 king kitchens ltd.
king kitchens ltd Companies House Filings - See Documents
| date | description | view/download |
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