Cleaning services (other than disinfecting and extermination services) n.e.c.
Registered Address
hollinwood business centre, albert st, oldham, lancs, OL8 3QL
Website
-
k c cleaning 2 ltdEstimated Valuation
£1m
Pomanda estimates the enterprise value of K C CLEANING 2 LTD at £1m based on a Turnover of £2m and 0.5x industry multiple (adjusted for size and gross margin).
k c cleaning 2 ltdEstimated Valuation
£85.3k
Pomanda estimates the enterprise value of K C CLEANING 2 LTD at £85.3k based on an EBITDA of £30.6k and a 2.78x industry multiple (adjusted for size and gross margin).
k c cleaning 2 ltdEstimated Valuation
£720.1k
Pomanda estimates the enterprise value of K C CLEANING 2 LTD at £720.1k based on Net Assets of £325.3k and 2.21x industry multiple (adjusted for liquidity).
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K C Cleaning 2 LtdOverview
K C Cleaning 2 Ltd is a dissolved company that was located in oldham, OL8 3QL with a Companies House number of 09527002. It operated in the other cleaning services sector, SIC Code 81299. Founded in April 2015, it's largest shareholder was
barry brown
with a 100% stake. The last turnover for K C Cleaning 2 Ltd was estimated at £2m.
Pomanda's financial health check has awarded K C Cleaning 2 Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 2 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
7 Strong
2 Regular
2 Weak
Size
annual sales of £2m, make it larger than the average company (£134.5k)
£2m - K C Cleaning 2 Ltd
£134.5k - Industry AVG
Growth
3 year (CAGR) sales growth of 20%, show it is growing at a faster rate (9.5%)
20% - K C Cleaning 2 Ltd
9.5% - Industry AVG
Production
with a gross margin of 29.5%, this company has a comparable cost of product (29.5%)
29.5% - K C Cleaning 2 Ltd
29.5% - Industry AVG
Profitability
an operating margin of 1.5% make it less profitable than the average company (6.2%)
1.5% - K C Cleaning 2 Ltd
6.2% - Industry AVG
Employees
with 44 employees, this is above the industry average (24)
44 - K C Cleaning 2 Ltd
24 - Industry AVG
Pay Structure
on an average salary of £11.3k, the company has an equivalent pay structure (£11.3k)
£11.3k - K C Cleaning 2 Ltd
£11.3k - Industry AVG
Efficiency
resulting in sales per employee of £46.2k, this is more efficient (£19.3k)
£46.2k - K C Cleaning 2 Ltd
£19.3k - Industry AVG
Debtor Days
it gets paid by customers after 59 days, this is later than average (39 days)
59 days - K C Cleaning 2 Ltd
39 days - Industry AVG
Creditor Days
its suppliers are paid after 25 days, this is slower than average (18 days)
25 days - K C Cleaning 2 Ltd
18 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - K C Cleaning 2 Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 48 weeks, this is more cash available to meet short term requirements (17 weeks)
48 weeks - K C Cleaning 2 Ltd
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 23.3%, this is a lower level of debt than the average (69.8%)
23.3% - K C Cleaning 2 Ltd
69.8% - Industry AVG
K C CLEANING 2 LTD financials
EXPORT
K C Cleaning 2 Ltd's latest turnover from April 2020 is estimated at £2 million and the company has net assets of £325.3 thousand. According to their latest financial statements, K C Cleaning 2 Ltd has 44 employees and maintains cash reserves of £91.5 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Turnover
2,034,789
2,642,216
3,950,571
1,188,370
1,453,459
Other Income Or Grants
Cost Of Sales
1,433,686
1,818,269
2,699,129
773,123
890,538
Gross Profit
601,103
823,947
1,251,441
415,247
562,921
Admin Expenses
570,461
779,007
1,179,503
338,563
384,598
Operating Profit
30,642
44,940
71,938
76,684
178,323
Interest Payable
Interest Receivable
75
332
401
246
164
Pre-Tax Profit
30,717
45,272
72,340
76,930
178,488
Tax
-5,836
-8,602
-13,745
-14,617
-35,697
Profit After Tax
24,881
36,670
58,595
62,313
142,790
Dividends Paid
Retained Profit
24,881
36,670
58,595
62,313
142,790
Employee Costs
498,019
1,300,588
1,762,770
652,800
562,353
Number Of Employees
44
113
146
68
62
EBITDA*
30,642
44,940
71,938
76,684
178,323
* Earnings Before Interest, Tax, Depreciation and Amortisation
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors
332,768
384,743
419,927
154,340
193,666
Group Debtors
Misc Debtors
Cash
91,524
58,835
29,709
130,846
65,723
misc current assets
total current assets
424,292
443,578
449,636
285,186
259,389
total assets
424,292
443,578
449,636
285,186
259,389
Bank overdraft
Bank loan
Trade Creditors
99,042
143,209
185,937
80,082
116,598
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
99,042
143,209
185,937
80,082
116,598
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
99,042
143,209
185,937
80,082
116,598
net assets
325,250
300,369
263,699
205,104
142,791
total shareholders funds
325,250
300,369
263,699
205,104
142,791
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Operating Activities
Operating Profit
30,642
44,940
71,938
76,684
178,323
Depreciation
Amortisation
Tax
-5,836
-8,602
-13,745
-14,617
-35,697
Stock
Debtors
-51,975
-35,184
265,587
-39,326
193,666
Creditors
-44,167
-42,728
105,855
-36,516
116,598
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations
32,614
28,794
-101,539
64,877
65,558
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
1
interest
75
332
401
246
164
cash flow from financing
75
332
401
246
165
cash and cash equivalents
cash
32,689
29,126
-101,137
65,123
65,723
overdraft
change in cash
32,689
29,126
-101,137
65,123
65,723
k c cleaning 2 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 k c cleaning 2 ltd. Get real-time insights into k c cleaning 2 ltd's credit score, group structure and payment trends.
Perform a competitor analysis for k c cleaning 2 ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other undefined companies, companies in OL8 area or any other competitors across 12 key performance metrics.
k c cleaning 2 ltd Ownership
K C CLEANING 2 LTD group structure
K C Cleaning 2 Ltd has no subsidiary companies.
Ultimate parent company
K C CLEANING 2 LTD
09527002
K C CLEANING 2 LTD Shareholders
The sole shareholder of K C Cleaning 2 Ltd is Barry Brown.
barry brown
100%
k c cleaning 2 ltd directors
K C Cleaning 2 Ltd currently has 1 director, Mr Barry Brown serving since Apr 2015.
81299 - Cleaning services (other than disinfecting and extermination services) n.e.c.
incorporation date
April 2015
age
10
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
April 2020
previous names
N/A
accountant
-
auditor
-
address
hollinwood business centre, albert st, oldham, lancs, OL8 3QL
Bank
-
Legal Advisor
-
k c cleaning 2 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 found 1 charges/mortgages relating to k c cleaning 2 ltd. Currently there are 0 open charges and 1 have been satisfied in the past.
k c cleaning 2 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 K C CLEANING 2 LTD. This can take several minutes, an email will notify you when this has completed.
k c cleaning 2 ltdCompanies House Filings - See Documents
