kymel trading limited
kymel trading limited Company Information
Company Number
08718623
Next Accounts
Sep 2025
Shareholders
kymel ltd
Group Structure
View All
Industry
Licensed restaurants
Registered Address
kymel house boker lane, east boldon, NE36 0RY
Website
www.kymel.co.ukkymel trading limited Estimated Valuation
Pomanda estimates the enterprise value of KYMEL TRADING LIMITED at £1.9m based on a Turnover of £3.7m and 0.53x industry multiple (adjusted for size and gross margin).
kymel trading limited Estimated Valuation
Pomanda estimates the enterprise value of KYMEL TRADING LIMITED at £1.7m based on an EBITDA of £494k and a 3.42x industry multiple (adjusted for size and gross margin).
kymel trading limited Estimated Valuation
Pomanda estimates the enterprise value of KYMEL TRADING LIMITED at £8.5m based on Net Assets of £3.4m and 2.5x industry multiple (adjusted for liquidity).
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Kymel Trading Limited Overview
Kymel Trading Limited is a live company located in east boldon, NE36 0RY with a Companies House number of 08718623. It operates in the licenced restaurants sector, SIC Code 56101. Founded in October 2013, it's largest shareholder is kymel ltd with a 100% stake. Kymel Trading Limited is a established, small sized company, Pomanda has estimated its turnover at £3.7m with high growth in recent years.
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Kymel Trading Limited Health Check
Pomanda's financial health check has awarded Kymel Trading Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 3 areas for improvement. Company Health Check FAQs
7 Strong
2 Regular
3 Weak
Size
annual sales of £3.7m, make it in line with the average company (£3.5m)
£3.7m - Kymel Trading Limited
£3.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 27%, show it is growing at a faster rate (12.8%)
27% - Kymel Trading Limited
12.8% - Industry AVG
Production
with a gross margin of 26.1%, this company has a higher cost of product (58.5%)
26.1% - Kymel Trading Limited
58.5% - Industry AVG
Profitability
an operating margin of 10.4% make it more profitable than the average company (2.5%)
10.4% - Kymel Trading Limited
2.5% - Industry AVG
Employees
with 80 employees, this is above the industry average (61)
80 - Kymel Trading Limited
61 - Industry AVG
Pay Structure
on an average salary of £18.9k, the company has an equivalent pay structure (£20.4k)
£18.9k - Kymel Trading Limited
£20.4k - Industry AVG
Efficiency
resulting in sales per employee of £45.8k, this is less efficient (£57k)
£45.8k - Kymel Trading Limited
£57k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is earlier than average (5 days)
1 days - Kymel Trading Limited
5 days - Industry AVG
Creditor Days
its suppliers are paid after 10 days, this is quicker than average (47 days)
10 days - Kymel Trading Limited
47 days - Industry AVG
Stock Days
it holds stock equivalent to 3 days, this is less than average (11 days)
3 days - Kymel Trading Limited
11 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 78 weeks, this is more cash available to meet short term requirements (12 weeks)
78 weeks - Kymel Trading Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 45%, this is a lower level of debt than the average (83.2%)
45% - Kymel Trading Limited
83.2% - Industry AVG
KYMEL TRADING LIMITED financials
Kymel Trading Limited's latest turnover from December 2023 is £3.7 million and the company has net assets of £3.4 million. According to their latest financial statements, Kymel Trading Limited has 80 employees and maintains cash reserves of £960 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 3,666,980 | 3,411,649 | 2,401,735 | 1,772,267 | 2,922,066 | 5,679,332 | 5,849,252 | 5,450,692 | 5,022,463 | 4,772,935 |
| Other Income Or Grants | ||||||||||
| Cost Of Sales | 2,709,477 | 2,679,906 | 1,834,752 | 1,552,905 | 2,044,128 | 4,224,209 | 4,227,967 | 4,099,030 | 3,723,840 | 3,465,251 |
| Gross Profit | 957,503 | 731,743 | 566,983 | 219,362 | 877,938 | 1,455,123 | 1,621,285 | 1,351,662 | 1,298,623 | 1,307,684 |
| Admin Expenses | 578,051 | 318,637 | -73,906 | 154,954 | 693,893 | 833,409 | 675,743 | 626,238 | 638,410 | 541,060 |
| Operating Profit | 379,452 | 413,106 | 640,889 | 64,408 | 184,045 | 621,714 | 945,542 | 725,424 | 660,213 | 766,624 |
| Interest Payable | 102,540 | 46,868 | 42,607 | 49,130 | 88,043 | 87,504 | 87,195 | 110,116 | 121,223 | 75,033 |
| Interest Receivable | 6,397 | 9,414 | 611 | 3,060 | 3,844 | 7,882 | 15,816 | 16,195 | 10,526 | 7,852 |
| Pre-Tax Profit | 283,309 | 375,652 | 598,893 | 18,338 | 609,326 | 542,092 | 874,163 | 631,503 | 549,516 | 699,443 |
| Tax | -77,242 | -109,525 | -110,919 | -26,123 | -123,315 | -106,335 | -178,632 | -141,471 | -161,192 | -138,266 |
| Profit After Tax | 206,067 | 266,127 | 487,974 | -7,785 | 486,011 | 435,757 | 695,531 | 490,032 | 388,324 | 561,177 |
| Dividends Paid | 2,298,898 | |||||||||
| Retained Profit | 206,067 | 266,127 | 487,974 | -7,785 | -1,812,887 | 435,757 | 695,531 | 490,032 | 388,324 | 561,177 |
| Employee Costs | 1,512,922 | 1,306,028 | 1,238,884 | 1,046,954 | 2,248,562 | 2,340,000 | 2,145,876 | 2,030,229 | 1,809,184 | 1,728,530 |
| Number Of Employees | 80 | 80 | 79 | 78 | 145 | 147 | 140 | 141 | 134 | 122 |
| EBITDA* | 494,045 | 502,050 | 724,304 | 146,783 | 322,652 | 736,577 | 1,065,515 | 792,556 | 728,545 | 819,364 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 4,750,134 | 4,164,900 | 4,124,698 | 4,101,367 | 4,115,907 | 5,475,651 | 5,565,724 | 5,382,383 | 4,926,743 | 4,957,798 |
| Intangible Assets | -284 | -35,156 | -70,029 | -104,901 | -139,868 | -314,722 | -321,696 | -349,670 | -349,670 | -349,670 |
| Investments & Other | ||||||||||
| Debtors (Due After 1 year) | ||||||||||
| Total Fixed Assets | 4,749,850 | 4,129,744 | 4,054,669 | 3,996,466 | 3,976,039 | 5,160,929 | 5,244,028 | 5,032,713 | 4,577,073 | 4,608,128 |
| Stock & work in progress | 25,200 | 24,562 | 34,170 | 16,730 | 19,777 | 58,231 | 62,247 | 50,501 | 46,027 | 47,562 |
| Trade Debtors | 12,507 | 192,000 | 3,250 | 5,614 | 2,775 | 5,714 | ||||
| Group Debtors | 1 | 1 | 1 | 1 | 1 | |||||
| Misc Debtors | 431,527 | 524,675 | 258,660 | 241,401 | 300,014 | 807,469 | 131,532 | 112,674 | 208,924 | 383,345 |
| Cash | 960,000 | 758,638 | 711,859 | 859,060 | 1,734,018 | 1,034,503 | 1,542,584 | 1,512,434 | 1,045,774 | 880,673 |
| misc current assets | ||||||||||
| total current assets | 1,429,234 | 1,307,875 | 1,196,689 | 1,117,191 | 2,053,809 | 1,900,204 | 1,739,614 | 1,681,224 | 1,303,501 | 1,317,295 |
| total assets | 6,179,084 | 5,437,619 | 5,251,358 | 5,113,657 | 6,029,848 | 7,061,133 | 6,983,642 | 6,713,937 | 5,880,574 | 5,925,423 |
| Bank overdraft | ||||||||||
| Bank loan | 71,798 | 1,380,692 | 107,988 | 104,005 | 103,304 | 155,978 | 2,466,435 | 225,373 | 171,861 | 167,052 |
| Trade Creditors | 77,019 | 42,286 | 93,465 | 77,300 | 98,300 | 176,286 | 174,009 | 190,578 | 122,209 | 157,857 |
| Group/Directors Accounts | 2,997 | 4,091 | 4,962 | |||||||
| other short term finances | 599,905 | 1,164,613 | 597,878 | 648,968 | 972,976 | 1,088,354 | 1,372,824 | |||
| hp & lease commitments | ||||||||||
| other current liabilities | 489,521 | 405,198 | 433,399 | 120,755 | 419,658 | 999,963 | 1,130,895 | 979,057 | 913,131 | 859,509 |
| total current liabilities | 638,338 | 1,828,176 | 634,852 | 901,965 | 1,785,875 | 1,930,105 | 4,420,307 | 2,370,981 | 2,299,646 | 2,562,204 |
| loans | 1,659,138 | 1,378,251 | 1,464,923 | 1,489,571 | 2,560,206 | 428,270 | 2,903,422 | 2,631,426 | 2,802,041 | |
| hp & lease commitments | ||||||||||
| Accruals and Deferred Income | ||||||||||
| other liabilities | ||||||||||
| provisions | 481,326 | 415,228 | 310,167 | 307,827 | 309,049 | |||||
| total long term liabilities | 2,140,464 | 415,228 | 1,688,418 | 1,772,750 | 1,798,620 | 2,560,206 | 428,270 | 2,903,422 | 2,631,426 | 2,802,041 |
| total liabilities | 2,778,802 | 2,243,404 | 2,323,270 | 2,674,715 | 3,584,495 | 4,490,311 | 4,848,577 | 5,274,403 | 4,931,072 | 5,364,245 |
| net assets | 3,400,282 | 3,194,215 | 2,928,088 | 2,438,942 | 2,445,353 | 2,570,822 | 2,135,065 | 1,439,534 | 949,502 | 561,178 |
| total shareholders funds | 3,400,282 | 3,194,215 | 2,928,088 | 2,438,942 | 2,445,353 | 2,570,822 | 2,135,065 | 1,439,534 | 949,502 | 561,178 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | 379,452 | 413,106 | 640,889 | 64,408 | 184,045 | 621,714 | 945,542 | 725,424 | 660,213 | 766,624 |
| Depreciation | 79,721 | 54,071 | 48,543 | 47,408 | 103,640 | 107,889 | 91,999 | 67,132 | 68,332 | 52,740 |
| Amortisation | 34,872 | 34,873 | 34,872 | 34,967 | 34,967 | 6,974 | 27,974 | |||
| Tax | -77,242 | -109,525 | -110,919 | -26,123 | -123,315 | -106,335 | -178,632 | -141,471 | -161,192 | -138,266 |
| Stock | 638 | -9,608 | 17,440 | -3,047 | -38,454 | -4,016 | 11,746 | 4,474 | -1,535 | 47,562 |
| Debtors | -80,641 | 74,015 | 209,259 | -58,613 | -507,456 | 672,687 | 16,494 | -93,411 | -177,360 | 389,060 |
| Creditors | 34,733 | -51,179 | 16,165 | -21,000 | -77,986 | 2,277 | -16,569 | 68,369 | -35,648 | 157,857 |
| Accruals and Deferred Income | 84,323 | -28,201 | 312,644 | -298,903 | -580,305 | -130,932 | 151,838 | 65,926 | 53,622 | 859,509 |
| Deferred Taxes & Provisions | 66,098 | 105,061 | 2,340 | -1,222 | 309,049 | |||||
| Cash flow from operations | 681,960 | 353,799 | 717,835 | -138,805 | 396,005 | -167,084 | 993,912 | 874,317 | 764,222 | 1,261,842 |
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | ||||||||||
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | -1,308,894 | 1,272,704 | 3,983 | 701 | -52,674 | -2,310,457 | 2,241,062 | 53,512 | 4,809 | 167,052 |
| Group/Directors Accounts | -2,997 | -1,094 | -871 | 4,962 | ||||||
| Other Short Term Loans | -599,905 | -564,708 | 566,735 | -51,090 | -324,008 | -115,378 | -284,470 | 1,372,824 | ||
| Long term loans | 1,659,138 | -1,378,251 | -86,672 | -24,648 | -1,070,635 | 2,131,936 | -2,475,152 | 271,996 | -170,615 | 2,802,041 |
| Hire Purchase and Lease Commitments | ||||||||||
| other long term liabilities | ||||||||||
| share issue | ||||||||||
| interest | -96,143 | -37,454 | -41,996 | -46,070 | -84,199 | -79,622 | -71,379 | -93,921 | -110,697 | -67,181 |
| cash flow from financing | 254,101 | -143,001 | -723,418 | -633,351 | 1,046,645 | -309,233 | -632,474 | 115,115 | -561,844 | 4,279,699 |
| cash and cash equivalents | ||||||||||
| cash | 201,362 | 46,779 | -147,201 | -874,958 | 699,515 | -508,081 | 30,150 | 466,660 | 165,101 | 880,673 |
| overdraft | ||||||||||
| change in cash | 201,362 | 46,779 | -147,201 | -874,958 | 699,515 | -508,081 | 30,150 | 466,660 | 165,101 | 880,673 |
kymel trading limited Credit Report and Business Information
Kymel Trading Limited Competitor Analysis
Perform a competitor analysis for kymel trading limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in NE36 area or any other competitors across 12 key performance metrics.
kymel trading limited Ownership
KYMEL TRADING LIMITED group structure
Kymel Trading Limited has no subsidiary companies.
kymel trading limited directors
Kymel Trading Limited currently has 6 directors. The longest serving directors include Mrs Vivienne MacKings (Oct 2013) and Mr Paul MacKings (Oct 2013).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Vivienne MacKings | United Kingdom | 64 years | Oct 2013 | - | Director |
| Mr Paul MacKings | 63 years | Oct 2013 | - | Director | |
| Mr Robert Smith | England | 47 years | Jan 2016 | - | Director |
| Mrs Linda Miller | England | 67 years | Jan 2016 | - | Director |
| Mr Kyle MacKings | United Kingdom | 38 years | Jan 2016 | - | Director |
| Mr Keith Weatherby | United Kingdom | 58 years | May 2023 | - | Director |
P&L
December 2023turnover
3.7m
+7%
operating profit
379.5k
-8%
gross margin
26.2%
+21.74%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
3.4m
+0.06%
total assets
6.2m
+0.14%
cash
960k
+0.27%
net assets
Total assets minus all liabilities
kymel trading limited company details
company number
08718623
Type
Private limited with Share Capital
industry
56101 - Licensed restaurants
incorporation date
October 2013
age
12
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
AZETS AUDIT SERVICES
address
kymel house boker lane, east boldon, NE36 0RY
Bank
-
Legal Advisor
-
kymel trading 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 found 10 charges/mortgages relating to kymel trading limited. Currently there are 10 open charges and 0 have been satisfied in the past.
kymel trading 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.
Click to start generating capital raising & share issue transactions for KYMEL TRADING LIMITED. This can take several minutes, an email will notify you when this has completed.
kymel trading limited Companies House Filings - See Documents
| date | description | view/download |
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