k4 service ltd
k4 service ltd Company Information
Company Number
09335269
Next Accounts
Sep 2025
Shareholders
ian cameron macdowall
carol keyworth
View AllGroup Structure
View All
Industry
Plumbing, heat and air-conditioning installation
Registered Address
unit 2, great western place, station road, tiverton, devon, EX16 7GW
Website
www.k4serviceltd.co.ukk4 service ltd Estimated Valuation
Pomanda estimates the enterprise value of K4 SERVICE LTD at £2.2m based on a Turnover of £4m and 0.55x industry multiple (adjusted for size and gross margin).
k4 service ltd Estimated Valuation
Pomanda estimates the enterprise value of K4 SERVICE LTD at £1m based on an EBITDA of £226.2k and a 4.62x industry multiple (adjusted for size and gross margin).
k4 service ltd Estimated Valuation
Pomanda estimates the enterprise value of K4 SERVICE LTD at £3.1m based on Net Assets of £1.1m and 2.83x industry multiple (adjusted for liquidity).
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K4 Service Ltd Overview
K4 Service Ltd is a live company located in tiverton, EX16 7GW with a Companies House number of 09335269. It operates in the plumbing, heat and air-conditioning installation sector, SIC Code 43220. Founded in December 2014, it's largest shareholder is ian cameron macdowall with a 30% stake. K4 Service Ltd is a established, small sized company, Pomanda has estimated its turnover at £4m with rapid growth in recent years.
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K4 Service Ltd Health Check
Pomanda's financial health check has awarded K4 Service Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
4 Weak
Size
annual sales of £4m, make it larger than the average company (£571.3k)
- K4 Service Ltd
£571.3k - Industry AVG
Growth
3 year (CAGR) sales growth of 46%, show it is growing at a faster rate (10.1%)
- K4 Service Ltd
10.1% - Industry AVG
Production
with a gross margin of 29.1%, this company has a comparable cost of product (29.1%)
- K4 Service Ltd
29.1% - Industry AVG
Profitability
an operating margin of 4.6% make it less profitable than the average company (5.9%)
- K4 Service Ltd
5.9% - Industry AVG
Employees
with 16 employees, this is above the industry average (5)
16 - K4 Service Ltd
5 - Industry AVG
Pay Structure
on an average salary of £35.4k, the company has an equivalent pay structure (£35.4k)
- K4 Service Ltd
£35.4k - Industry AVG
Efficiency
resulting in sales per employee of £249.1k, this is more efficient (£120.2k)
- K4 Service Ltd
£120.2k - Industry AVG
Debtor Days
it gets paid by customers after 77 days, this is later than average (53 days)
- K4 Service Ltd
53 days - Industry AVG
Creditor Days
its suppliers are paid after 77 days, this is slower than average (46 days)
- K4 Service Ltd
46 days - Industry AVG
Stock Days
it holds stock equivalent to 23 days, this is more than average (12 days)
- K4 Service Ltd
12 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 8 weeks, this is less cash available to meet short term requirements (20 weeks)
8 weeks - K4 Service Ltd
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 42.3%, this is a lower level of debt than the average (62.2%)
42.3% - K4 Service Ltd
62.2% - Industry AVG
K4 SERVICE LTD financials
K4 Service Ltd's latest turnover from December 2023 is estimated at £4 million and the company has net assets of £1.1 million. According to their latest financial statements, K4 Service Ltd has 16 employees and maintains cash reserves of £118.7 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 | |
|---|---|---|---|---|---|---|---|---|---|
| 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 | 16 | 13 | 9 | 7 | 6 | 5 | 3 | ||
| EBITDA* |
* 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 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 132,368 | 90,786 | 62,237 | 77,496 | 72,507 | 56,315 | 33,980 | 35,452 | 31,238 |
| Intangible Assets | |||||||||
| Investments & Other | 4,961 | 9,922 | 9,922 | 14,882 | |||||
| Debtors (Due After 1 year) | |||||||||
| Total Fixed Assets | 137,329 | 100,708 | 72,159 | 92,378 | 72,507 | 56,315 | 33,980 | 35,452 | 31,238 |
| Stock & work in progress | 181,500 | 189,343 | 180,343 | 105,200 | 221,075 | 103,701 | 4,500 | 8,498 | |
| Trade Debtors | 847,008 | 391,993 | 565,923 | 226,014 | 305,276 | 145,080 | 72,822 | 199,485 | 27,457 |
| Group Debtors | |||||||||
| Misc Debtors | 596,289 | 366,006 | 75,334 | 8,445 | 53,210 | 131,729 | 73,902 | ||
| Cash | 118,693 | 556,932 | 416,173 | 362,108 | 399,799 | 192,622 | 162,726 | 67,016 | |
| misc current assets | |||||||||
| total current assets | 1,743,490 | 1,504,274 | 1,237,773 | 701,767 | 979,360 | 573,132 | 313,950 | 199,485 | 102,971 |
| total assets | 1,880,819 | 1,604,982 | 1,309,932 | 794,145 | 1,051,867 | 629,447 | 347,930 | 234,937 | 134,209 |
| Bank overdraft | 7,108 | ||||||||
| Bank loan | |||||||||
| Trade Creditors | 603,273 | 441,100 | 262,883 | 109,640 | 275,374 | 220,252 | 52,016 | 155,678 | 75,541 |
| Group/Directors Accounts | |||||||||
| other short term finances | |||||||||
| hp & lease commitments | |||||||||
| other current liabilities | 158,901 | 210,493 | 372,003 | 355,936 | 636,848 | 320,192 | 211,754 | ||
| total current liabilities | 762,174 | 651,593 | 641,994 | 465,576 | 912,222 | 540,444 | 263,770 | 155,678 | 75,541 |
| loans | 42,892 | ||||||||
| hp & lease commitments | |||||||||
| Accruals and Deferred Income | 2,500 | ||||||||
| other liabilities | 2,272 | 925 | 3,587 | 6,077 | |||||
| provisions | 32,630 | 17,250 | 11,826 | 14,725 | 11,862 | 9,815 | 5,377 | 4,558 | |
| total long term liabilities | 32,630 | 17,250 | 54,718 | 14,725 | 11,862 | 12,087 | 6,302 | 6,087 | 10,635 |
| total liabilities | 794,804 | 668,843 | 696,712 | 480,301 | 924,084 | 552,531 | 270,072 | 161,765 | 86,176 |
| net assets | 1,086,015 | 936,139 | 613,220 | 313,844 | 127,783 | 76,916 | 77,858 | 73,172 | 48,033 |
| total shareholders funds | 1,086,015 | 936,139 | 613,220 | 313,844 | 127,783 | 76,916 | 77,858 | 73,172 | 48,033 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 44,123 | 30,262 | 20,747 | 25,802 | 24,169 | 18,773 | 10,413 | ||
| Amortisation | |||||||||
| Tax | |||||||||
| Stock | -7,843 | 9,000 | 75,143 | -115,875 | 117,374 | 99,201 | 4,500 | -8,498 | 8,498 |
| Debtors | 685,298 | 116,742 | 406,798 | -124,027 | 81,677 | 130,085 | -52,761 | 172,028 | 27,457 |
| Creditors | 162,173 | 178,217 | 153,243 | -165,734 | 55,122 | 168,236 | -103,662 | 80,137 | 75,541 |
| Accruals and Deferred Income | -51,592 | -161,510 | 16,067 | -280,912 | 316,656 | 108,438 | 209,254 | 2,500 | |
| Deferred Taxes & Provisions | 15,380 | 5,424 | -2,899 | 2,863 | 2,047 | 4,438 | 5,377 | -4,558 | 4,558 |
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | -4,961 | -4,960 | 14,882 | ||||||
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | |||||||||
| Group/Directors Accounts | |||||||||
| Other Short Term Loans | |||||||||
| Long term loans | -42,892 | 42,892 | |||||||
| Hire Purchase and Lease Commitments | |||||||||
| other long term liabilities | -2,272 | 1,347 | -2,662 | -2,490 | 6,077 | ||||
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | -438,239 | 140,759 | 54,065 | -37,691 | 207,177 | 29,896 | 162,726 | -67,016 | 67,016 |
| overdraft | -7,108 | 7,108 | |||||||
| change in cash | -438,239 | 147,867 | 46,957 | -37,691 | 207,177 | 29,896 | 162,726 | -67,016 | 67,016 |
k4 service ltd Credit Report and Business Information
K4 Service Ltd Competitor Analysis
Perform a competitor analysis for k4 service ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in EX16 area or any other competitors across 12 key performance metrics.
k4 service ltd Ownership
K4 SERVICE LTD group structure
K4 Service Ltd has no subsidiary companies.
Ultimate parent company
K4 SERVICE LTD
09335269
k4 service ltd directors
K4 Service Ltd currently has 2 directors. The longest serving directors include Mr Gordon Keyworth (Dec 2014) and Mr Ian MacDowall (Jun 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Gordon Keyworth | United Kingdom | 64 years | Dec 2014 | - | Director |
| Mr Ian MacDowall | United Kingdom | 48 years | Jun 2015 | - | Director |
P&L
December 2023turnover
4m
+64%
operating profit
182.1k
0%
gross margin
29.2%
+3.5%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
1.1m
+0.16%
total assets
1.9m
+0.17%
cash
118.7k
-0.79%
net assets
Total assets minus all liabilities
k4 service ltd company details
company number
09335269
Type
Private limited with Share Capital
industry
43220 - Plumbing, heat and air-conditioning installation
incorporation date
December 2014
age
11
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
CHALMERS HB LTD
auditor
-
address
unit 2, great western place, station road, tiverton, devon, EX16 7GW
Bank
-
Legal Advisor
-
k4 service 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 k4 service ltd.
k4 service 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.
Click to start generating capital raising & share issue transactions for K4 SERVICE LTD. This can take several minutes, an email will notify you when this has completed.
k4 service ltd Companies House Filings - See Documents
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