yk carpentry&joinery ltd
yk carpentry&joinery ltd Company Information
Company Number
09450949
Website
https://yk-joinery.co.ukRegistered Address
unit 18 boughton road, west thamesmead business park, london, SE28 0AG
Industry
Joinery installation
Telephone
02083125903
Next Accounts Due
November 2024
Group Structure
View All
Directors
Yuriy Kushnir9 Years
Shareholders
yuriy kushnir 50%
taras stasyuk 50%
yk carpentry&joinery ltd Estimated Valuation
Pomanda estimates the enterprise value of YK CARPENTRY&JOINERY LTD at £206.5k based on a Turnover of £930.9k and 0.22x industry multiple (adjusted for size and gross margin).
yk carpentry&joinery ltd Estimated Valuation
Pomanda estimates the enterprise value of YK CARPENTRY&JOINERY LTD at £721.9k based on an EBITDA of £199.2k and a 3.62x industry multiple (adjusted for size and gross margin).
yk carpentry&joinery ltd Estimated Valuation
Pomanda estimates the enterprise value of YK CARPENTRY&JOINERY LTD at £0 based on Net Assets of £-170.1k and 1.79x industry multiple (adjusted for liquidity).
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Yk Carpentry&joinery Ltd Overview
Yk Carpentry&joinery Ltd is a live company located in london, SE28 0AG with a Companies House number of 09450949. It operates in the joinery installation sector, SIC Code 43320. Founded in February 2015, it's largest shareholder is yuriy kushnir with a 50% stake. Yk Carpentry&joinery Ltd is a young, small sized company, Pomanda has estimated its turnover at £930.9k with low growth in recent years.
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Yk Carpentry&joinery Ltd Health Check
Pomanda's financial health check has awarded Yk Carpentry&Joinery Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
4 Weak
Size
annual sales of £930.9k, make it larger than the average company (£206k)
- Yk Carpentry&joinery Ltd
£206k - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (4.6%)
- Yk Carpentry&joinery Ltd
4.6% - Industry AVG
Production
with a gross margin of 24.6%, this company has a comparable cost of product (24.6%)
- Yk Carpentry&joinery Ltd
24.6% - Industry AVG
Profitability
an operating margin of 13.4% make it more profitable than the average company (6.3%)
- Yk Carpentry&joinery Ltd
6.3% - Industry AVG
Employees
with 6 employees, this is above the industry average (2)
6 - Yk Carpentry&joinery Ltd
2 - Industry AVG
Pay Structure
on an average salary of £29.3k, the company has an equivalent pay structure (£29.3k)
- Yk Carpentry&joinery Ltd
£29.3k - Industry AVG
Efficiency
resulting in sales per employee of £155.1k, this is more efficient (£107.2k)
- Yk Carpentry&joinery Ltd
£107.2k - Industry AVG
Debtor Days
it gets paid by customers after 56 days, this is near the average (54 days)
- Yk Carpentry&joinery Ltd
54 days - Industry AVG
Creditor Days
its suppliers are paid after 85 days, this is slower than average (41 days)
- Yk Carpentry&joinery Ltd
41 days - Industry AVG
Stock Days
it holds stock equivalent to 20 days, this is more than average (14 days)
- Yk Carpentry&joinery Ltd
14 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (27 weeks)
0 weeks - Yk Carpentry&joinery Ltd
27 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 128.8%, this is a higher level of debt than the average (70%)
128.8% - Yk Carpentry&joinery Ltd
70% - Industry AVG
YK CARPENTRY&JOINERY LTD financials
Yk Carpentry&Joinery Ltd's latest turnover from February 2023 is estimated at £930.9 thousand and the company has net assets of -£170.1 thousand. According to their latest financial statements, Yk Carpentry&Joinery Ltd has 6 employees and maintains cash reserves of £2.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | |
|---|---|---|---|---|---|---|---|---|
| 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 | 6 | 6 | 7 | 4 | 1 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 79,080 | 140,068 | 149,370 | 132,988 | 134,240 | 108,502 | 39,215 | 15,703 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 79,080 | 140,068 | 149,370 | 132,988 | 134,240 | 108,502 | 39,215 | 15,703 |
| Stock & work in progress | 39,500 | 38,000 | 20,500 | 10,500 | 16,500 | 0 | 0 | 0 |
| Trade Debtors | 144,748 | 92,844 | 187,404 | 172,672 | 0 | 0 | 3,397 | 16,017 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 325,178 | 179,333 | 228,558 | 28,627 | 31,268 | 15,000 | 15,000 | 0 |
| Cash | 2,625 | 150 | 130 | 36,201 | 0 | 2,243 | 0 | 2,050 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 15,017 |
| total current assets | 512,051 | 310,327 | 436,592 | 248,000 | 47,768 | 17,243 | 18,397 | 33,084 |
| total assets | 591,131 | 450,395 | 585,962 | 380,988 | 182,008 | 125,745 | 57,612 | 48,787 |
| Bank overdraft | 51,898 | 67,925 | 40,712 | 0 | 15,022 | 0 | 12,813 | 3,744 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 164,721 | 148,010 | 118,895 | 77,360 | 23,576 | 9,466 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 230 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 445,638 | 306,549 | 164,859 | 148,185 | 73,300 | 85,582 | 20,543 | 1,992 |
| total current liabilities | 662,257 | 522,484 | 324,466 | 225,545 | 111,898 | 95,048 | 33,356 | 5,966 |
| loans | 98,965 | 183,003 | 116,561 | 0 | 0 | 24,000 | 24,000 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 24,000 | 24,000 | 0 | 0 | 47,500 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 98,965 | 183,003 | 116,561 | 24,000 | 24,000 | 24,000 | 24,000 | 47,500 |
| total liabilities | 761,222 | 705,487 | 441,027 | 249,545 | 135,898 | 119,048 | 57,356 | 53,466 |
| net assets | -170,091 | -255,092 | 144,935 | 131,443 | 46,110 | 6,697 | 256 | -4,679 |
| total shareholders funds | -170,091 | -255,092 | 144,935 | 131,443 | 46,110 | 6,697 | 256 | -4,679 |
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 74,226 | 69,685 | 59,776 | 54,426 | 0 | 3,447 | ||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | ||||||||
| Stock | 1,500 | 17,500 | 10,000 | -6,000 | 16,500 | 0 | 0 | 0 |
| Debtors | 197,749 | -143,785 | 214,663 | 170,031 | 16,268 | -3,397 | 2,380 | 16,017 |
| Creditors | 16,711 | 29,115 | 41,535 | 53,784 | 14,110 | 9,466 | 0 | 0 |
| Accruals and Deferred Income | 139,089 | 141,690 | 16,674 | 74,885 | -12,282 | 65,039 | 18,551 | 1,992 |
| Deferred Taxes & Provisions | 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 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | -230 | 230 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -84,038 | 66,442 | 116,561 | 0 | -24,000 | 0 | 24,000 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | -24,000 | 0 | 24,000 | 0 | -47,500 | 47,500 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 2,475 | 20 | -36,071 | 36,201 | -2,243 | 2,243 | -2,050 | 2,050 |
| overdraft | -16,027 | 27,213 | 40,712 | -15,022 | 15,022 | -12,813 | 9,069 | 3,744 |
| change in cash | 18,502 | -27,193 | -76,783 | 51,223 | -17,265 | 15,056 | -11,119 | -1,694 |
yk carpentry&joinery ltd Credit Report and Business Information
Yk Carpentry&joinery Ltd Competitor Analysis
Perform a competitor analysis for yk carpentry&joinery ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
yk carpentry&joinery ltd Ownership
YK CARPENTRY&JOINERY LTD group structure
Yk Carpentry&Joinery Ltd has no subsidiary companies.
Ultimate parent company
YK CARPENTRY&JOINERY LTD
09450949
yk carpentry&joinery ltd directors
Yk Carpentry&Joinery Ltd currently has 1 director, Mr Yuriy Kushnir serving since Feb 2015.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Yuriy Kushnir | England | 44 years | Feb 2015 | - | Director |
P&L
February 2023turnover
930.9k
+33%
operating profit
125k
0%
gross margin
24.7%
+1.87%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2023net assets
-170.1k
-0.33%
total assets
591.1k
+0.31%
cash
2.6k
+16.5%
net assets
Total assets minus all liabilities
Similar Companies
yk carpentry&joinery ltd company details
company number
09450949
Type
Private limited with Share Capital
industry
43320 - Joinery installation
incorporation date
February 2015
age
9
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
unit 18 boughton road, west thamesmead business park, london, SE28 0AG
last accounts submitted
February 2023
yk carpentry&joinery 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 yk carpentry&joinery ltd.
yk carpentry&joinery ltd Companies House Filings - See Documents
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