kit log ltd
kit log ltd Company Information
Company Number
08553678
Next Accounts
Mar 2026
Shareholders
nick bate
rob burton
View AllGroup Structure
View All
Industry
Other information technology and computer service activities
Registered Address
papertrail offices m-sparc, menai science park, gaerwen, anglesey, LL60 6AR
Website
https://www.papertrail.iokit log ltd Estimated Valuation
Pomanda estimates the enterprise value of KIT LOG LTD at £982.8k based on a Turnover of £1.3m and 0.74x industry multiple (adjusted for size and gross margin).
kit log ltd Estimated Valuation
Pomanda estimates the enterprise value of KIT LOG LTD at £0 based on an EBITDA of £-285.4k and a 5.01x industry multiple (adjusted for size and gross margin).
kit log ltd Estimated Valuation
Pomanda estimates the enterprise value of KIT LOG LTD at £0 based on Net Assets of £-309.7k and 2.25x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Kit Log Ltd Overview
Kit Log Ltd is a live company located in gaerwen, LL60 6AR with a Companies House number of 08553678. It operates in the other information technology service activities sector, SIC Code 62090. Founded in June 2013, it's largest shareholder is nick bate with a 25.9% stake. Kit Log Ltd is a established, small sized company, Pomanda has estimated its turnover at £1.3m with declining growth in recent years.
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Kit Log Ltd Health Check
Pomanda's financial health check has awarded Kit Log Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
8 Weak
Size
annual sales of £1.3m, make it smaller than the average company (£7.7m)
- Kit Log Ltd
£7.7m - Industry AVG
Growth
3 year (CAGR) sales growth of -6%, show it is growing at a slower rate (9.1%)
- Kit Log Ltd
9.1% - Industry AVG
Production
with a gross margin of 50.7%, this company has a comparable cost of product (50.7%)
- Kit Log Ltd
50.7% - Industry AVG
Profitability
an operating margin of -21.8% make it less profitable than the average company (4%)
- Kit Log Ltd
4% - Industry AVG
Employees
with 19 employees, this is below the industry average (44)
19 - Kit Log Ltd
44 - Industry AVG
Pay Structure
on an average salary of £73.8k, the company has an equivalent pay structure (£73.8k)
- Kit Log Ltd
£73.8k - Industry AVG
Efficiency
resulting in sales per employee of £70.3k, this is less efficient (£178.2k)
- Kit Log Ltd
£178.2k - Industry AVG
Debtor Days
it gets paid by customers after 14 days, this is earlier than average (51 days)
- Kit Log Ltd
51 days - Industry AVG
Creditor Days
its suppliers are paid after 7 days, this is quicker than average (34 days)
- Kit Log Ltd
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Kit Log Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 8 weeks, this is less cash available to meet short term requirements (13 weeks)
8 weeks - Kit Log Ltd
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 242.1%, this is a higher level of debt than the average (63.7%)
242.1% - Kit Log Ltd
63.7% - Industry AVG
KIT LOG LTD financials
Kit Log Ltd's latest turnover from June 2024 is estimated at £1.3 million and the company has net assets of -£309.7 thousand. According to their latest financial statements, Kit Log Ltd has 19 employees and maintains cash reserves of £82.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 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 | 19 | 18 | 16 | 11 | 11 | 13 | 11 | 11 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 9,777 | 14,084 | 10,832 | 10,953 | 3,855 | 6,243 | 10,271 | 7,620 | 6,741 | 4,641 | 2,641 |
| Intangible Assets | |||||||||||
| Investments & Other | |||||||||||
| Debtors (Due After 1 year) | |||||||||||
| Total Fixed Assets | 9,777 | 14,084 | 10,832 | 10,953 | 3,855 | 6,243 | 10,271 | 7,620 | 6,741 | 4,641 | 2,641 |
| Stock & work in progress | |||||||||||
| Trade Debtors | 52,928 | 50,372 | 181,864 | 289,005 | 244,010 | 231,235 | 241,093 | 189,888 | 33,825 | 12,036 | 2,626 |
| Group Debtors | |||||||||||
| Misc Debtors | 72,292 | 80,222 | 8,099 | 7,330 | 4,540 | ||||||
| Cash | 82,920 | 207,579 | 370,720 | 340,113 | 191,391 | 66,064 | |||||
| misc current assets | 3,399 | 399 | |||||||||
| total current assets | 208,140 | 338,173 | 560,683 | 296,335 | 248,550 | 234,634 | 241,093 | 190,287 | 373,938 | 203,427 | 68,690 |
| total assets | 217,917 | 352,257 | 571,515 | 307,288 | 252,405 | 240,877 | 251,364 | 197,907 | 380,679 | 208,068 | 71,331 |
| Bank overdraft | 9,747 | ||||||||||
| Bank loan | |||||||||||
| Trade Creditors | 14,002 | 1,239 | 272,903 | 58,238 | 59,634 | 45,402 | 39,033 | 13,945 | 76,838 | 21,480 | 13,367 |
| Group/Directors Accounts | |||||||||||
| other short term finances | 11,479 | 12,251 | |||||||||
| hp & lease commitments | |||||||||||
| other current liabilities | 492,425 | 340,572 | 40,142 | ||||||||
| total current liabilities | 517,906 | 354,062 | 322,792 | 58,238 | 59,634 | 45,402 | 39,033 | 13,945 | 76,838 | 21,480 | 13,367 |
| loans | 9,662 | 21,294 | 52,592 | ||||||||
| hp & lease commitments | |||||||||||
| Accruals and Deferred Income | 222,881 | 228,075 | 185,936 | 152,251 | 121,213 | ||||||
| other liabilities | 40,000 | 50,000 | |||||||||
| provisions | |||||||||||
| total long term liabilities | 9,662 | 21,294 | 52,592 | 262,881 | 278,075 | 185,936 | 152,251 | 121,213 | |||
| total liabilities | 527,568 | 375,356 | 375,384 | 321,119 | 337,709 | 231,338 | 191,284 | 135,158 | 76,838 | 21,480 | 13,367 |
| net assets | -309,651 | -23,099 | 196,131 | -13,831 | -85,304 | 9,539 | 60,080 | 62,749 | 303,841 | 186,588 | 57,964 |
| total shareholders funds | -309,651 | -23,099 | 196,131 | -13,831 | -85,304 | 9,539 | 60,080 | 62,749 | 303,841 | 186,588 | 57,964 |
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | |||||||||||
| Depreciation | 5,732 | 4,601 | 1,564 | 1,151 | 172 | ||||||
| Amortisation | |||||||||||
| Tax | |||||||||||
| Stock | |||||||||||
| Debtors | -5,374 | -59,369 | -106,372 | 47,785 | 17,315 | -9,858 | 51,205 | 156,063 | 21,789 | 9,410 | 2,626 |
| Creditors | 12,763 | -271,664 | 214,665 | -1,396 | 14,232 | 6,369 | 25,088 | -62,893 | 55,358 | 8,113 | 13,367 |
| Accruals and Deferred Income | 151,853 | 300,430 | -182,739 | -5,194 | 42,139 | 33,685 | 31,038 | 121,213 | |||
| Deferred Taxes & Provisions | |||||||||||
| Cash flow from operations | |||||||||||
| Investing Activities | |||||||||||
| capital expenditure | |||||||||||
| Change in Investments | |||||||||||
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | |||||||||||
| Group/Directors Accounts | |||||||||||
| Other Short Term Loans | -772 | 12,251 | |||||||||
| Long term loans | -11,632 | -31,298 | 52,592 | ||||||||
| Hire Purchase and Lease Commitments | |||||||||||
| other long term liabilities | -40,000 | -10,000 | 50,000 | ||||||||
| share issue | |||||||||||
| interest | |||||||||||
| cash flow from financing | |||||||||||
| cash and cash equivalents | |||||||||||
| cash | -124,659 | -163,141 | 370,720 | -340,113 | 148,722 | 125,327 | 66,064 | ||||
| overdraft | -9,747 | 9,747 | |||||||||
| change in cash | -124,659 | -153,394 | 360,973 | -340,113 | 148,722 | 125,327 | 66,064 |
kit log ltd Credit Report and Business Information
Kit Log Ltd Competitor Analysis
Perform a competitor analysis for kit log ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in LL60 area or any other competitors across 12 key performance metrics.
kit log ltd Ownership
KIT LOG LTD group structure
Kit Log Ltd has no subsidiary companies.
Ultimate parent company
KIT LOG LTD
08553678
kit log ltd directors
Kit Log Ltd currently has 2 directors. The longest serving directors include Mr Ben Scholes (Jun 2013) and Mr Nicholas Bate (Dec 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ben Scholes | Wales | 41 years | Jun 2013 | - | Director |
| Mr Nicholas Bate | 58 years | Dec 2018 | - | Director |
P&L
June 2024turnover
1.3m
+10%
operating profit
-291.1k
0%
gross margin
50.8%
+0.77%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2024net assets
-309.7k
+12.41%
total assets
217.9k
-0.38%
cash
82.9k
-0.6%
net assets
Total assets minus all liabilities
Similar Companies
kit log ltd company details
company number
08553678
Type
Private limited with Share Capital
industry
62090 - Other information technology and computer service activities
incorporation date
June 2013
age
12
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
June 2024
previous names
N/A
accountant
-
auditor
-
address
papertrail offices m-sparc, menai science park, gaerwen, anglesey, LL60 6AR
Bank
-
Legal Advisor
-
kit log 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 kit log ltd.
kit log 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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kit log ltd Companies House Filings - See Documents
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