Pomanda estimates the enterprise value of KENECT RECRUITMENT LTD at £4.9m based on a Turnover of £19.8m and 0.25x industry multiple (adjusted for size and gross margin).
kenect recruitment ltdEstimated Valuation
£1.3m
Pomanda estimates the enterprise value of KENECT RECRUITMENT LTD at £1.3m based on an EBITDA of £299.8k and a 4.36x industry multiple (adjusted for size and gross margin).
kenect recruitment ltdEstimated Valuation
£1.2m
Pomanda estimates the enterprise value of KENECT RECRUITMENT LTD at £1.2m based on Net Assets of £949.7k and 1.3x industry multiple (adjusted for liquidity).
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Kenect Recruitment LtdOverview
Kenect Recruitment Ltd is a live company located in burton-on-trent, DE13 9PD with a Companies House number of 08072550. It operates in the temporary employment agency activities sector, SIC Code 78200. Founded in May 2012, it's largest shareholder is
julien richard smith
with a 52.2% stake. Kenect Recruitment Ltd is a established,
mid sized company, Pomanda has estimated its turnover at
£19.8m with
rapid
growth in recent years.
Pomanda's financial health check has awarded Kenect Recruitment Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
3 Strong
4 Regular
4 Weak
Size
annual sales of £19.8m, make it larger than the average company (£13.6m)
£19.8m - Kenect Recruitment Ltd
£13.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 32%, show it is growing at a faster rate (4.7%)
32% - Kenect Recruitment Ltd
4.7% - Industry AVG
Production
with a gross margin of 18.4%, this company has a comparable cost of product (18.4%)
18.4% - Kenect Recruitment Ltd
18.4% - Industry AVG
Profitability
an operating margin of 1.4% make it less profitable than the average company (2.8%)
1.4% - Kenect Recruitment Ltd
2.8% - Industry AVG
Employees
with 44 employees, this is similar to the industry average (50)
44 - Kenect Recruitment Ltd
50 - Industry AVG
Pay Structure
on an average salary of £49.5k, the company has an equivalent pay structure (£49.5k)
£49.5k - Kenect Recruitment Ltd
£49.5k - Industry AVG
Efficiency
resulting in sales per employee of £450.2k, this is more efficient (£236.6k)
£450.2k - Kenect Recruitment Ltd
£236.6k - Industry AVG
Debtor Days
it gets paid by customers after 61 days, this is later than average (46 days)
61 days - Kenect Recruitment Ltd
46 days - Industry AVG
Creditor Days
its suppliers are paid after 3 days, this is quicker than average (4 days)
3 days - Kenect Recruitment Ltd
4 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Kenect Recruitment Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (7 weeks)
0 weeks - Kenect Recruitment Ltd
7 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 72.2%, this is a similar level of debt than the average (73.1%)
72.2% - Kenect Recruitment Ltd
73.1% - Industry AVG
KENECT RECRUITMENT LTD financials
EXPORT
Kenect Recruitment Ltd's latest turnover from September 2023 is estimated at £19.8 million and the company has net assets of £949.7 thousand. According to their latest financial statements, Kenect Recruitment Ltd has 44 employees and maintains cash reserves of £2.4 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
May 2017
May 2016
May 2015
May 2014
May 2013
Turnover
19,808,021
19,673,243
10,053,851
8,551,982
12,554,061
16,833,768
6,471,724
14,329,590
7,623,348
2,745,847
1,431,165
Other Income Or Grants
Cost Of Sales
16,174,095
16,223,750
8,476,485
7,142,020
10,415,627
13,882,691
5,340,043
11,897,968
6,322,410
2,259,440
1,178,432
Gross Profit
3,633,926
3,449,493
1,577,366
1,409,962
2,138,434
2,951,077
1,131,682
2,431,621
1,300,938
486,406
252,733
Admin Expenses
3,356,101
3,091,201
803,257
1,252,143
2,005,546
2,864,062
1,109,319
2,432,189
1,301,277
502,146
230,255
Operating Profit
277,825
358,292
774,109
157,819
132,888
87,015
22,363
-568
-339
-15,740
22,478
Interest Payable
229,625
133,070
53,437
50,283
81,686
68,038
21,814
Interest Receivable
1,375
1,050
32
31
173
35
22
34
3
16
15
Pre-Tax Profit
49,575
226,272
720,705
107,568
51,375
19,012
570
-534
-336
-15,724
22,494
Tax
-12,394
-42,992
-136,934
-20,438
-9,761
-3,612
-108
-5,174
Profit After Tax
37,181
183,280
583,771
87,130
41,614
15,400
462
-534
-336
-15,724
17,320
Dividends Paid
Retained Profit
37,181
183,280
583,771
87,130
41,614
15,400
462
-534
-336
-15,724
17,320
Employee Costs
2,176,674
2,079,000
674,959
1,555,005
2,279,267
78,159
1,097,255
2,095,936
1,064,615
379,029
223,503
Number Of Employees
44
44
16
37
56
2
28
54
28
10
6
EBITDA*
299,807
369,175
782,573
163,014
139,953
98,316
28,434
4,593
2,720
-13,736
23,216
* Earnings Before Interest, Tax, Depreciation and Amortisation
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
May 2017
May 2016
May 2015
May 2014
May 2013
Tangible Assets
70,589
28,834
22,927
14,102
18,682
22,946
12,327
10,477
6,210
4,068
1,499
Intangible Assets
Investments & Other
360
360
120
100
30,700
120
Debtors (Due After 1 year)
139
139
8,101
Total Fixed Assets
71,088
29,333
22,927
14,102
26,903
23,046
43,027
10,477
6,210
4,188
1,499
Stock & work in progress
Trade Debtors
3,330,042
3,359,215
2,038,986
881,180
1,231,186
2,023,667
882,134
707,455
373,713
144,099
82,473
Group Debtors
Misc Debtors
13,929
19,733
128,094
8,094
225,738
55,907
17,264
Cash
2,445
49,922
43,374
21,371
41,444
4,712
4,710
12,803
881
483
6,034
misc current assets
total current assets
3,346,416
3,428,870
2,210,454
910,645
1,498,368
2,084,286
904,108
720,258
374,594
144,582
88,507
total assets
3,417,504
3,458,203
2,233,381
924,747
1,525,271
2,107,332
947,135
730,735
380,804
148,770
90,006
Bank overdraft
2,062,144
2,020,085
1,205,860
546,168
1,102,440
Bank loan
Trade Creditors
141,134
219,094
16,440
166,615
325,787
625,934
116,014
729,889
379,424
147,054
72,566
Group/Directors Accounts
20,000
9,630
21,520
1,305
other short term finances
1,317,877
698,050
hp & lease commitments
other current liabilities
60,056
98,960
281,858
46,512
29,092
125,293
130,458
total current liabilities
2,263,334
2,338,139
1,504,158
779,295
1,466,949
2,090,624
945,827
729,889
379,424
147,054
72,566
loans
hp & lease commitments
Accruals and Deferred Income
204,486
207,560
other liabilities
1
provisions
total long term liabilities
204,486
207,561
total liabilities
2,467,820
2,545,700
1,504,158
779,295
1,466,949
2,090,624
945,827
729,889
379,424
147,054
72,566
net assets
949,684
912,503
729,223
145,452
58,322
16,708
1,308
846
1,380
1,716
17,440
total shareholders funds
949,684
912,503
729,223
145,452
58,322
16,708
1,308
846
1,380
1,716
17,440
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
May 2017
May 2016
May 2015
May 2014
May 2013
Operating Activities
Operating Profit
277,825
358,292
774,109
157,819
132,888
87,015
22,363
-568
-339
-15,740
22,478
Depreciation
21,982
10,883
8,464
5,195
7,065
11,301
6,071
5,161
3,059
2,004
738
Amortisation
Tax
-12,394
-42,992
-136,934
-20,438
-9,761
-3,612
-108
-5,174
Stock
Debtors
-34,977
1,212,007
1,277,806
-575,751
-614,549
1,180,176
191,943
333,742
229,614
61,626
82,473
Creditors
-77,960
202,654
-150,175
-159,172
-300,147
509,920
-613,875
350,465
232,370
74,488
72,566
Accruals and Deferred Income
-41,978
24,662
235,346
17,420
-96,201
-5,165
130,458
Deferred Taxes & Provisions
Cash flow from operations
202,452
-658,508
-546,996
576,575
348,393
-580,717
-647,034
21,316
5,476
-874
8,135
Investing Activities
capital expenditure
-63,737
-16,790
-17,289
-615
-2,801
-21,920
-7,921
-9,428
-5,201
-4,573
-2,237
Change in Investments
360
-120
20
-30,600
30,700
-120
120
cash flow from investments
-63,737
-17,150
-17,289
-495
-2,821
8,680
-38,621
-9,428
-5,081
-4,693
-2,237
Financing Activities
Bank loans
Group/Directors Accounts
-20,000
10,370
-11,890
20,215
1,305
Other Short Term Loans
-1,317,877
619,827
698,050
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-1
1
share issue
120
interest
-228,250
-132,020
-53,405
-50,252
-81,513
-68,003
-21,792
34
3
16
15
cash flow from financing
-228,251
-132,019
-73,405
-39,882
-1,411,280
572,039
677,563
34
3
16
135
cash and cash equivalents
cash
-47,477
6,548
22,003
-20,073
36,732
2
-8,093
11,922
398
-5,551
6,034
overdraft
42,059
814,225
659,692
-556,272
1,102,440
change in cash
-89,536
-807,677
-637,689
536,199
-1,065,708
2
-8,093
11,922
398
-5,551
6,034
kenect recruitment 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 kenect recruitment ltd. Get real-time insights into kenect recruitment ltd's credit score, group structure and payment trends.
Perform a competitor analysis for kenect recruitment ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other mid companies, companies in DE13 area or any other competitors across 12 key performance metrics.
kenect recruitment ltd Ownership
KENECT RECRUITMENT LTD group structure
Kenect Recruitment Ltd has 4 subsidiary companies.
units 8, lancaster park, newborough road, burton-on-trent, staffordshire, DE13 9PD
Bank
-
Legal Advisor
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kenect recruitment 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 found 10 charges/mortgages relating to kenect recruitment ltd. Currently there are 6 open charges and 4 have been satisfied in the past.
kenect recruitment 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.
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kenect recruitment ltdCompanies House Filings - See Documents
