k & k convenience store limited
k & k convenience store limited Company Information
Company Number
08387742
Website
www.golocalstores.co.ukRegistered Address
2 lytton avenue, manchester, M8 0SQ
Industry
Other retail sale in non-specialised stores
Telephone
01612052110
Next Accounts Due
November 2024
Group Structure
View All
Directors
Kasim Aslam11 Years
Shareholders
kasim aslam 100%
k & k convenience store limited Estimated Valuation
Pomanda estimates the enterprise value of K & K CONVENIENCE STORE LIMITED at £248.7k based on a Turnover of £749.8k and 0.33x industry multiple (adjusted for size and gross margin).
k & k convenience store limited Estimated Valuation
Pomanda estimates the enterprise value of K & K CONVENIENCE STORE LIMITED at £24.9k based on an EBITDA of £6.7k and a 3.71x industry multiple (adjusted for size and gross margin).
k & k convenience store limited Estimated Valuation
Pomanda estimates the enterprise value of K & K CONVENIENCE STORE LIMITED at £157.1k based on Net Assets of £36.9k and 4.26x industry multiple (adjusted for liquidity).
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K & K Convenience Store Limited Overview
K & K Convenience Store Limited is a live company located in manchester, M8 0SQ with a Companies House number of 08387742. It operates in the other retail sale in non-specialised stores sector, SIC Code 47190. Founded in February 2013, it's largest shareholder is kasim aslam with a 100% stake. K & K Convenience Store Limited is a established, small sized company, Pomanda has estimated its turnover at £749.8k with healthy growth in recent years.
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K & K Convenience Store Limited Health Check
Pomanda's financial health check has awarded K & K Convenience Store Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £749.8k, make it smaller than the average company (£1.2m)
- K & K Convenience Store Limited
£1.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 10%, show it is growing at a faster rate (1.4%)
- K & K Convenience Store Limited
1.4% - Industry AVG
Production
with a gross margin of 28.7%, this company has a higher cost of product (41.7%)
- K & K Convenience Store Limited
41.7% - Industry AVG
Profitability
an operating margin of 0.9% make it less profitable than the average company (5.5%)
- K & K Convenience Store Limited
5.5% - Industry AVG
Employees
with 9 employees, this is below the industry average (32)
9 - K & K Convenience Store Limited
32 - Industry AVG
Pay Structure
on an average salary of £18.8k, the company has an equivalent pay structure (£18.8k)
- K & K Convenience Store Limited
£18.8k - Industry AVG
Efficiency
resulting in sales per employee of £83.3k, this is equally as efficient (£91.4k)
- K & K Convenience Store Limited
£91.4k - Industry AVG
Debtor Days
it gets paid by customers after 102 days, this is later than average (9 days)
- K & K Convenience Store Limited
9 days - Industry AVG
Creditor Days
its suppliers are paid after 65 days, this is slower than average (35 days)
- K & K Convenience Store Limited
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- K & K Convenience Store Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - K & K Convenience Store Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 85.9%, this is a higher level of debt than the average (66.2%)
85.9% - K & K Convenience Store Limited
66.2% - Industry AVG
k & k convenience store limited Credit Report and Business Information
K & K Convenience Store Limited Competitor Analysis
Perform a competitor analysis for k & k convenience store limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
k & k convenience store limited Ownership
K & K CONVENIENCE STORE LIMITED group structure
K & K Convenience Store Limited has no subsidiary companies.
Ultimate parent company
K & K CONVENIENCE STORE LIMITED
08387742
k & k convenience store limited directors
K & K Convenience Store Limited currently has 1 director, Mr Kasim Aslam serving since Feb 2013.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Kasim Aslam | United Kingdom | 40 years | Feb 2013 | - | Director |
K & K CONVENIENCE STORE LIMITED financials
K & K Convenience Store Limited's latest turnover from February 2023 is estimated at £749.8 thousand and the company has net assets of £36.9 thousand. According to their latest financial statements, K & K Convenience Store Limited has 9 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 9 | 8 | 8 | 7 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 49,595 | 46,298 | 45,129 | 43,368 | 45,154 | 47,255 | 50,618 | 52,633 | 48,678 | 8,093 |
| 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 | 49,595 | 46,298 | 45,129 | 43,368 | 45,154 | 47,255 | 50,618 | 52,633 | 48,678 | 8,093 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 50,855 | 38,800 | 26,800 |
| Trade Debtors | 211,199 | 210,452 | 189,944 | 124,469 | 132,463 | 94,746 | 63,224 | 2,850 | 1 | 5,500 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6,105 | 4,520 | 3,619 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 211,199 | 210,452 | 189,944 | 124,469 | 132,463 | 94,746 | 63,224 | 59,810 | 43,321 | 35,919 |
| total assets | 260,794 | 256,750 | 235,073 | 167,837 | 177,617 | 142,001 | 113,842 | 112,443 | 91,999 | 44,012 |
| 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 | 95,658 | 87,202 | 73,969 | 72,627 | 80,986 | 141,312 | 108,233 | 112,085 | 90,731 | 42,420 |
| 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 | 95,658 | 87,202 | 73,969 | 72,627 | 80,986 | 141,312 | 108,233 | 112,085 | 90,731 | 42,420 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 128,240 | 138,083 | 145,132 | 95,132 | 95,132 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 128,240 | 138,083 | 145,132 | 95,132 | 95,132 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 223,898 | 225,285 | 219,101 | 167,759 | 176,118 | 141,312 | 108,233 | 112,085 | 90,731 | 42,420 |
| net assets | 36,896 | 31,465 | 15,972 | 78 | 1,499 | 689 | 5,609 | 358 | 1,268 | 1,592 |
| total shareholders funds | 36,896 | 31,465 | 15,972 | 78 | 1,499 | 689 | 5,609 | 358 | 1,268 | 1,592 |
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | ||||||||||
| Depreciation | 2,354 | 900 | 900 | |||||||
| Amortisation | 0 | 0 | 0 | |||||||
| Tax | ||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | -50,855 | 12,055 | 12,000 | 26,800 |
| Debtors | 747 | 20,508 | 65,475 | -7,994 | 37,717 | 31,522 | 60,374 | 2,849 | -5,499 | 5,500 |
| Creditors | 8,456 | 13,233 | 1,342 | -8,359 | -60,326 | 33,079 | -3,852 | 21,354 | 48,311 | 42,420 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | -9,843 | -7,049 | 50,000 | 0 | 95,132 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||
| interest | ||||||||||
| cash flow from financing | ||||||||||
| cash and cash equivalents | ||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | -6,105 | 1,585 | 901 | 3,619 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -6,105 | 1,585 | 901 | 3,619 |
P&L
February 2023turnover
749.8k
+24%
operating profit
6.7k
0%
gross margin
28.7%
+7.92%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2023net assets
36.9k
+0.17%
total assets
260.8k
+0.02%
cash
0
0%
net assets
Total assets minus all liabilities
k & k convenience store limited company details
company number
08387742
Type
Private limited with Share Capital
industry
47190 - Other retail sale in non-specialised stores
incorporation date
February 2013
age
11
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
2 lytton avenue, manchester, M8 0SQ
last accounts submitted
February 2023
k & k convenience store limited 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 k & k convenience store limited.
k & k convenience store limited Companies House Filings - See Documents
| date | description | view/download |
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