kevin hutchings systems limited
kevin hutchings systems limited Company Information
Group Structure
View All
Industry
Other building completion and finishing
Registered Address
32 chase meadows, blyth, northumberland, NE24 4LW
Website
-kevin hutchings systems limited Estimated Valuation
Pomanda estimates the enterprise value of KEVIN HUTCHINGS SYSTEMS LIMITED at £97.7k based on a Turnover of £331.7k and 0.29x industry multiple (adjusted for size and gross margin).
kevin hutchings systems limited Estimated Valuation
Pomanda estimates the enterprise value of KEVIN HUTCHINGS SYSTEMS LIMITED at £45.6k based on an EBITDA of £15.4k and a 2.97x industry multiple (adjusted for size and gross margin).
kevin hutchings systems limited Estimated Valuation
Pomanda estimates the enterprise value of KEVIN HUTCHINGS SYSTEMS LIMITED at £297.1k based on Net Assets of £126k and 2.36x industry multiple (adjusted for liquidity).
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Kevin Hutchings Systems Limited Overview
Kevin Hutchings Systems Limited is a live company located in northumberland, NE24 4LW with a Companies House number of 08702320. It operates in the other building completion and finishing sector, SIC Code 43390. Founded in September 2013, it's largest shareholder is kevin hutchings with a 100% stake. Kevin Hutchings Systems Limited is a established, micro sized company, Pomanda has estimated its turnover at £331.7k with healthy growth in recent years.
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Kevin Hutchings Systems Limited Health Check
Pomanda's financial health check has awarded Kevin Hutchings Systems Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs
2 Strong
4 Regular
4 Weak
Size
annual sales of £331.7k, make it in line with the average company (£338.8k)
- Kevin Hutchings Systems Limited
£338.8k - Industry AVG
Growth
3 year (CAGR) sales growth of 10%, show it is growing at a similar rate (12.2%)
- Kevin Hutchings Systems Limited
12.2% - Industry AVG
Production
with a gross margin of 14%, this company has a higher cost of product (23.2%)
- Kevin Hutchings Systems Limited
23.2% - Industry AVG
Profitability
an operating margin of 4.6% make it as profitable than the average company (5.4%)
- Kevin Hutchings Systems Limited
5.4% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Kevin Hutchings Systems Limited
4 - Industry AVG
Pay Structure
on an average salary of £38.9k, the company has an equivalent pay structure (£38.9k)
- Kevin Hutchings Systems Limited
£38.9k - Industry AVG
Efficiency
resulting in sales per employee of £331.7k, this is more efficient (£136.1k)
- Kevin Hutchings Systems Limited
£136.1k - Industry AVG
Debtor Days
it gets paid by customers after 155 days, this is later than average (47 days)
- Kevin Hutchings Systems Limited
47 days - Industry AVG
Creditor Days
its suppliers are paid after 20 days, this is quicker than average (29 days)
- Kevin Hutchings Systems Limited
29 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Kevin Hutchings Systems Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Kevin Hutchings Systems Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 11.8%, this is a lower level of debt than the average (73.4%)
11.8% - Kevin Hutchings Systems Limited
73.4% - Industry AVG
KEVIN HUTCHINGS SYSTEMS LIMITED financials
Kevin Hutchings Systems Limited's latest turnover from March 2024 is estimated at £331.7 thousand and the company has net assets of £126 thousand. According to their latest financial statements, Kevin Hutchings Systems Limited has 1 employee and maintains cash reserves of 0 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 1 | 1 | |||||
| EBITDA* |
* 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,912 | 2,252 | 2,655 | 3,129 | 405 | 506 | 153 | 191 | 239 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 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 | 10,000 |
| Total Fixed Assets | 1,912 | 2,252 | 2,655 | 3,129 | 405 | 506 | 153 | 191 | 239 | 0 | 10,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 1,749 | 1,889 | 825 | 693 | 717 |
| Trade Debtors | 140,928 | 137,643 | 137,785 | 106,009 | 68,704 | 0 | 0 | 0 | 14,979 | 36,189 | 6,478 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 33,879 | 11,225 | 11,575 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 22,202 | 21,092 | 21,784 | 56,197 | 15,257 | 10,571 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 140,928 | 137,643 | 137,785 | 106,009 | 68,704 | 56,081 | 34,066 | 35,248 | 72,001 | 52,139 | 17,766 |
| total assets | 142,840 | 139,895 | 140,440 | 109,138 | 69,109 | 56,587 | 34,219 | 35,439 | 72,240 | 52,139 | 27,766 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 477 | 458 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 15,745 | 24,331 | 32,294 | 29,220 | 8,747 | 8,999 | 0 | 0 | 0 | 50,109 | 24,110 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 928 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 7,439 | 8,815 | 64,376 | 0 | 0 |
| total current liabilities | 15,745 | 24,331 | 32,294 | 29,220 | 8,747 | 8,999 | 8,367 | 9,292 | 64,834 | 50,109 | 24,110 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 1,079 | 1,064 | 1,126 | 1,067 | 1,101 | 1,018 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 1,079 | 1,064 | 1,126 | 1,067 | 1,101 | 1,018 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 16,824 | 25,395 | 33,420 | 30,287 | 9,848 | 10,017 | 8,367 | 9,292 | 64,834 | 50,109 | 24,110 |
| net assets | 126,016 | 114,500 | 107,020 | 78,851 | 59,261 | 46,570 | 25,852 | 26,147 | 7,406 | 2,030 | 3,656 |
| total shareholders funds | 126,016 | 114,500 | 107,020 | 78,851 | 59,261 | 46,570 | 25,852 | 26,147 | 7,406 | 2,030 | 3,656 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | |||||||||||
| Depreciation | 126 | 38 | 48 | 60 | 0 | 0 | |||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | |||||
| Tax | |||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | -1,749 | -140 | 1,064 | 132 | -24 | 717 |
| Debtors | 3,285 | -142 | 31,776 | 37,305 | 34,825 | 22,654 | -350 | -3,404 | -21,210 | 19,711 | 16,478 |
| Creditors | -8,586 | -7,963 | 3,074 | 20,473 | -252 | 8,999 | 0 | 0 | -50,109 | 25,999 | 24,110 |
| Accruals and Deferred Income | 15 | -62 | 59 | -34 | 83 | -6,421 | -1,376 | -55,561 | 64,376 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 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 | 0 |
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | -928 | 928 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 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 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||
| interest | |||||||||||
| cash flow from financing | |||||||||||
| cash and cash equivalents | |||||||||||
| cash | 0 | 0 | 0 | 0 | -22,202 | 1,110 | -692 | -34,413 | 40,940 | 4,686 | 10,571 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | -477 | 19 | 458 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | -22,202 | 1,110 | -215 | -34,432 | 40,482 | 4,686 | 10,571 |
kevin hutchings systems limited Credit Report and Business Information
Kevin Hutchings Systems Limited Competitor Analysis
Perform a competitor analysis for kevin hutchings systems limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in NE24 area or any other competitors across 12 key performance metrics.
kevin hutchings systems limited Ownership
KEVIN HUTCHINGS SYSTEMS LIMITED group structure
Kevin Hutchings Systems Limited has no subsidiary companies.
Ultimate parent company
KEVIN HUTCHINGS SYSTEMS LIMITED
08702320
kevin hutchings systems limited directors
Kevin Hutchings Systems Limited currently has 1 director, Mr Kevin Hutchings serving since Sep 2013.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Kevin Hutchings | England | 56 years | Sep 2013 | - | Director |
P&L
March 2024turnover
331.7k
0%
operating profit
15.4k
0%
gross margin
14.1%
-4.14%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
126k
+0.1%
total assets
142.8k
+0.02%
cash
0
0%
net assets
Total assets minus all liabilities
kevin hutchings systems limited company details
company number
08702320
Type
Private limited with Share Capital
industry
43390 - Other building completion and finishing
incorporation date
September 2013
age
12
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2024
previous names
kev hutchings systems limited (October 2013)
accountant
ENTERPRISE CHARTERED CERTIFIED ACCOUNTANTS
auditor
-
address
32 chase meadows, blyth, northumberland, NE24 4LW
Bank
-
Legal Advisor
-
kevin hutchings systems 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 kevin hutchings systems limited.
kevin hutchings systems limited 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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kevin hutchings systems limited Companies House Filings - See Documents
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