Pomanda estimates the enterprise value of KONNECT EVENT SERVICES LTD at £1.4m based on a Turnover of £2.2m and 0.64x industry multiple (adjusted for size and gross margin).
konnect event services ltdEstimated Valuation
£447.8k
Pomanda estimates the enterprise value of KONNECT EVENT SERVICES LTD at £447.8k based on an EBITDA of £57.9k and a 7.74x industry multiple (adjusted for size and gross margin).
konnect event services ltdEstimated Valuation
£60.6k
Pomanda estimates the enterprise value of KONNECT EVENT SERVICES LTD at £60.6k based on Net Assets of £64.7k and 0.94x industry multiple (adjusted for liquidity).
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Konnect Event Services LtdOverview
Konnect Event Services Ltd is a live company located in leeds, LS16 6QZ with a Companies House number of 08756709. It operates in the support activities to performing arts sector, SIC Code 90020. Founded in October 2013, it's largest shareholder is
john kenan tetik
with a 100% stake. Konnect Event Services Ltd is a established,
small sized company, Pomanda has estimated its turnover at
£2.2m with
rapid
growth in recent years.
Pomanda's financial health check has awarded Konnect Event Services Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
4 Strong
2 Regular
5 Weak
Size
annual sales of £2.2m, make it larger than the average company (£267.2k)
£2.2m - Konnect Event Services Ltd
£267.2k - Industry AVG
Growth
3 year (CAGR) sales growth of 60%, show it is growing at a faster rate (7.4%)
60% - Konnect Event Services Ltd
7.4% - Industry AVG
Production
with a gross margin of 39.2%, this company has a comparable cost of product (39.2%)
39.2% - Konnect Event Services Ltd
39.2% - Industry AVG
Profitability
an operating margin of 2.5% make it less profitable than the average company (6.3%)
2.5% - Konnect Event Services Ltd
6.3% - Industry AVG
Employees
with 5 employees, this is above the industry average (4)
5 - Konnect Event Services Ltd
4 - Industry AVG
Pay Structure
on an average salary of £28.7k, the company has an equivalent pay structure (£28.7k)
£28.7k - Konnect Event Services Ltd
£28.7k - Industry AVG
Efficiency
resulting in sales per employee of £439.2k, this is more efficient (£75.8k)
£439.2k - Konnect Event Services Ltd
£75.8k - Industry AVG
Debtor Days
it gets paid by customers after 39 days, this is later than average (15 days)
39 days - Konnect Event Services Ltd
15 days - Industry AVG
Creditor Days
its suppliers are paid after 1 days, this is quicker than average (29 days)
1 days - Konnect Event Services Ltd
29 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Konnect Event Services Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 6 weeks, this is less cash available to meet short term requirements (100 weeks)
6 weeks - Konnect Event Services Ltd
100 weeks - 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 (33.3%)
85.9% - Konnect Event Services Ltd
33.3% - Industry AVG
KONNECT EVENT SERVICES LTD financials
EXPORT
Konnect Event Services Ltd's latest turnover from October 2023 is estimated at £2.2 million and the company has net assets of £64.7 thousand. According to their latest financial statements, Konnect Event Services Ltd has 5 employees and maintains cash reserves of £35.4 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Oct 2016
Oct 2015
Oct 2014
Turnover
2,196,138
2,758,063
1,084,139
534,865
3,663,319
2,760,163
1,637,960
1,276,260
1,053,539
293,845
Other Income Or Grants
Cost Of Sales
1,334,661
1,567,516
762,245
320,616
2,480,871
1,902,637
1,024,316
737,067
663,039
164,668
Gross Profit
861,477
1,190,547
321,894
214,249
1,182,448
857,526
613,643
539,192
390,499
129,177
Admin Expenses
807,698
1,168,386
336,895
321,886
1,119,164
823,089
616,990
506,714
340,488
101,516
Operating Profit
53,779
22,161
-15,001
-107,637
63,284
34,437
-3,347
32,478
50,011
27,661
Interest Payable
21,938
19,140
8,845
1,525
Interest Receivable
3,714
3,910
158
39
174
294
54
37
121
64
Pre-Tax Profit
35,556
6,931
-23,688
-109,123
63,458
34,731
-3,293
32,515
50,131
27,725
Tax
-8,889
-1,317
-12,057
-6,599
-6,503
-10,026
-5,822
Profit After Tax
26,667
5,614
-23,688
-109,123
51,401
28,132
-3,293
26,012
40,105
21,903
Dividends Paid
Retained Profit
26,667
5,614
-23,688
-109,123
51,401
28,132
-3,293
26,012
40,105
21,903
Employee Costs
143,256
133,350
162,889
272,766
272,750
164,255
136,654
121,047
322,123
103,799
Number Of Employees
5
5
6
10
10
7
6
5
13
4
EBITDA*
57,879
27,627
-8,251
-98,636
67,107
37,527
-565
35,993
52,261
28,661
* Earnings Before Interest, Tax, Depreciation and Amortisation
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Oct 2016
Oct 2015
Oct 2014
Tangible Assets
12,298
16,398
20,253
27,003
11,470
9,266
8,351
10,541
6,750
3,000
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
12,298
16,398
20,253
27,003
11,470
9,266
8,351
10,541
6,750
3,000
Stock & work in progress
Trade Debtors
237,122
221,007
83,766
22,071
296,281
213,579
145,840
142,154
80,549
20,827
Group Debtors
Misc Debtors
174,950
141,966
39,904
52,095
151,350
56,600
7,580
Cash
35,436
106,059
241,481
74,048
4,556
41,853
36,454
7,123
22,588
25,664
misc current assets
2,464
total current assets
447,508
469,032
365,151
148,214
452,187
312,032
192,338
149,277
103,137
46,491
total assets
459,806
485,430
385,404
175,217
463,657
321,298
200,689
159,818
109,887
49,491
Bank overdraft
48,000
48,000
12,000
5,208
Bank loan
Trade Creditors
7,263
1,649
4,168
1,461
46,528
26,987
Group/Directors Accounts
other short term finances
hp & lease commitments
1,542
7,640
7,678
other current liabilities
221,240
220,803
102,316
48,144
293,180
205,678
114,374
68,228
total current liabilities
276,503
270,345
121,956
62,679
297,348
205,678
114,374
69,689
46,528
26,987
loans
118,000
176,000
228,000
44,792
hp & lease commitments
1,542
9,220
Accruals and Deferred Income
other liabilities
600
provisions
573
1,022
1,457
2,389
1,049
1,761
1,587
2,108
1,350
total long term liabilities
118,573
177,022
230,999
56,401
1,049
1,761
1,587
2,108
1,350
600
total liabilities
395,076
447,367
352,955
119,080
298,397
207,439
115,961
71,797
47,878
27,587
net assets
64,730
38,063
32,449
56,137
165,260
113,859
84,728
88,021
62,009
21,904
total shareholders funds
64,730
38,063
32,449
56,137
165,260
113,859
84,728
88,021
62,009
21,904
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Oct 2016
Oct 2015
Oct 2014
Operating Activities
Operating Profit
53,779
22,161
-15,001
-107,637
63,284
34,437
-3,347
32,478
50,011
27,661
Depreciation
4,100
5,466
6,750
9,001
3,823
3,090
2,782
3,515
2,250
1,000
Amortisation
Tax
-8,889
-1,317
-12,057
-6,599
-6,503
-10,026
-5,822
Stock
Debtors
49,099
239,303
49,504
-373,465
177,452
116,759
11,266
61,605
59,722
20,827
Creditors
7,263
-1,649
-2,519
4,168
-1,461
-45,067
19,541
26,987
Accruals and Deferred Income
437
118,487
54,172
-245,036
87,502
91,304
46,146
68,228
Deferred Taxes & Provisions
-449
-435
-932
1,340
-712
174
-521
758
1,350
Cash flow from operations
7,142
-94,941
-6,164
28,614
-31,444
5,647
32,333
-8,196
3,404
28,999
Investing Activities
capital expenditure
-1,611
-24,534
-6,027
-4,005
-592
-7,306
-6,000
-4,000
Change in Investments
cash flow from investments
-1,611
-24,534
-6,027
-4,005
-592
-7,306
-6,000
-4,000
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
-58,000
-52,000
183,208
44,792
Hire Purchase and Lease Commitments
-1,542
-7,640
-7,716
16,898
other long term liabilities
-600
600
share issue
999
1
interest
-18,224
-15,230
-8,687
-1,486
174
294
54
37
121
64
cash flow from financing
-77,766
-74,870
166,805
60,204
174
1,293
54
37
-479
665
cash and cash equivalents
cash
-70,623
-135,422
167,433
69,492
-37,297
5,399
29,331
-15,465
-3,076
25,664
overdraft
36,000
6,792
5,208
change in cash
-70,623
-171,422
160,641
64,284
-37,297
5,399
29,331
-15,465
-3,076
25,664
konnect event services 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 konnect event services ltd. Get real-time insights into konnect event services ltd's credit score, group structure and payment trends.
Perform a competitor analysis for konnect event services ltd by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other small companies, companies in LS16 area or any other competitors across 12 key performance metrics.
konnect event services ltd Ownership
KONNECT EVENT SERVICES LTD group structure
Konnect Event Services Ltd has no subsidiary companies.
Ultimate parent company
KONNECT EVENT SERVICES LTD
08756709
KONNECT EVENT SERVICES LTD Shareholders
The sole shareholder of Konnect Event Services Ltd is John Kenan Tetik.
john kenan tetik
100%
konnect event services ltd directors
Konnect Event Services Ltd currently has 1 director, Mr John Tetik serving since Oct 2013.
regent house unit 3, clayton wood bank, leeds, LS16 6QZ
Bank
-
Legal Advisor
-
konnect event services 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 konnect event services ltd.
konnect event services 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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konnect event services ltdCompanies House Filings - See Documents
