komfort partitioning limited
komfort partitioning limited Company Information
Company Number
09919265
Website
www.komfort.comRegistered Address
unit 501, axcess 10 business park, wednesbury, WS10 8LQ
Industry
Manufacture of office and shop furniture
Telephone
01213322560
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
clearsight turnaround fund iii (sca) sicav-sif 60.9%
mark colley 25.4%
View Allkomfort partitioning limited Estimated Valuation
Pomanda estimates the enterprise value of KOMFORT PARTITIONING LIMITED at £13.8m based on a Turnover of £21.1m and 0.65x industry multiple (adjusted for size and gross margin).
komfort partitioning limited Estimated Valuation
Pomanda estimates the enterprise value of KOMFORT PARTITIONING LIMITED at £3.6m based on an EBITDA of £668.9k and a 5.31x industry multiple (adjusted for size and gross margin).
komfort partitioning limited Estimated Valuation
Pomanda estimates the enterprise value of KOMFORT PARTITIONING LIMITED at £2m based on Net Assets of £984.6k and 2x industry multiple (adjusted for liquidity).
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Komfort Partitioning Limited Overview
Komfort Partitioning Limited is a live company located in wednesbury, WS10 8LQ with a Companies House number of 09919265. It operates in the manufacture of office and shop furniture sector, SIC Code 31010. Founded in December 2015, it's largest shareholder is clearsight turnaround fund iii (sca) sicav-sif with a 60.9% stake. Komfort Partitioning Limited is a young, large sized company, Pomanda has estimated its turnover at £21.1m with unknown growth in recent years.
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Komfort Partitioning Limited Health Check
Pomanda's financial health check has awarded Komfort Partitioning Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
3 Weak
Size
annual sales of £21.1m, make it larger than the average company (£13.8m)
£21.1m - Komfort Partitioning Limited
£13.8m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Komfort Partitioning Limited
- - Industry AVG
Production
with a gross margin of 42.2%, this company has a lower cost of product (30%)
42.2% - Komfort Partitioning Limited
30% - Industry AVG
Profitability
an operating margin of 2.1% make it less profitable than the average company (3.4%)
2.1% - Komfort Partitioning Limited
3.4% - Industry AVG
Employees
with 133 employees, this is above the industry average (81)
133 - Komfort Partitioning Limited
81 - Industry AVG
Pay Structure
on an average salary of £40.3k, the company has an equivalent pay structure (£41.6k)
£40.3k - Komfort Partitioning Limited
£41.6k - Industry AVG
Efficiency
resulting in sales per employee of £158.9k, this is equally as efficient (£173.6k)
£158.9k - Komfort Partitioning Limited
£173.6k - Industry AVG
Debtor Days
it gets paid by customers after 55 days, this is near the average (53 days)
55 days - Komfort Partitioning Limited
53 days - Industry AVG
Creditor Days
its suppliers are paid after 68 days, this is slower than average (39 days)
68 days - Komfort Partitioning Limited
39 days - Industry AVG
Stock Days
it holds stock equivalent to 31 days, this is less than average (53 days)
31 days - Komfort Partitioning Limited
53 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (15 weeks)
1 weeks - Komfort Partitioning Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 85.3%, this is a higher level of debt than the average (50.6%)
85.3% - Komfort Partitioning Limited
50.6% - Industry AVG
KOMFORT PARTITIONING LIMITED financials
Komfort Partitioning Limited's latest turnover from December 2023 is £21.1 million and the company has net assets of £984.6 thousand. According to their latest financial statements, Komfort Partitioning Limited has 133 employees and maintains cash reserves of £122.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Jun 2021 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 21,132,534 | 22,930,473 | 10,923,000 | 26,867,000 | 24,023,000 | 22,486,000 | 23,187,000 | 24,805,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 12,223,717 | 14,287,492 | 6,904,000 | 17,221,000 | 14,871,000 | 14,144,000 | 15,108,000 | 15,786,000 |
| Gross Profit | 8,908,817 | 8,642,981 | 4,019,000 | 9,646,000 | 9,152,000 | 8,342,000 | 8,079,000 | 9,019,000 |
| Admin Expenses | 8,465,288 | 8,550,120 | 3,799,000 | 10,294,000 | 8,849,000 | 8,146,000 | 8,508,000 | 11,641,000 |
| Operating Profit | 443,529 | 92,861 | 220,000 | -648,000 | 303,000 | 196,000 | -429,000 | -2,622,000 |
| Interest Payable | 178,510 | 130,470 | 52,000 | 198,000 | 138,000 | 157,000 | 137,000 | 261,000 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 265,019 | -37,609 | 168,000 | -1,083,000 | 165,000 | 39,000 | -566,000 | -2,883,000 |
| Tax | -42,052 | 220,485 | -33,000 | 238,000 | 42,000 | 44,000 | 76,000 | 516,000 |
| Profit After Tax | 222,967 | 182,876 | 135,000 | -845,000 | 207,000 | 83,000 | -490,000 | -2,367,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 222,967 | 182,876 | 135,000 | -845,000 | 207,000 | 83,000 | -490,000 | -2,367,000 |
| Employee Costs | 5,366,212 | 5,670,562 | 2,578,000 | 8,319,000 | 6,232,000 | 7,054,000 | 6,973,000 | 7,837,000 |
| Number Of Employees | 133 | 148 | 145 | 155 | 165 | 165 | 170 | 208 |
| EBITDA* | 668,895 | 325,870 | 338,000 | -281,000 | 505,000 | 386,000 | -380,000 | -2,333,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Jun 2021 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 223,975 | 259,876 | 270,000 | 320,000 | 488,000 | 585,000 | 600,000 | 709,000 |
| Intangible Assets | 186,405 | 299,737 | 409,000 | 436,000 | 376,000 | 205,000 | 100,000 | 66,000 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 878,612 | 710,000 | 743,000 | 515,000 | 525,000 | 593,000 | 516,000 |
| Total Fixed Assets | 410,380 | 1,438,225 | 1,389,000 | 1,499,000 | 1,379,000 | 1,315,000 | 1,293,000 | 1,291,000 |
| Stock & work in progress | 1,041,501 | 1,275,143 | 1,164,000 | 1,008,000 | 1,060,000 | 891,000 | 991,000 | 994,000 |
| Trade Debtors | 3,240,617 | 4,300,995 | 3,098,000 | 3,436,000 | 4,194,000 | 3,316,000 | 3,671,000 | 3,653,000 |
| Group Debtors | 2,062 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,862,002 | 1,352,280 | 1,062,000 | 1,086,000 | 880,000 | 874,000 | 955,000 | 415,000 |
| Cash | 122,115 | 86,390 | 161,000 | 117,000 | 231,000 | 124,000 | 396,000 | 418,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 6,268,297 | 7,014,808 | 5,485,000 | 5,647,000 | 6,365,000 | 5,205,000 | 6,013,000 | 5,480,000 |
| total assets | 6,678,677 | 8,453,033 | 6,874,000 | 7,146,000 | 7,744,000 | 6,520,000 | 7,306,000 | 6,771,000 |
| Bank overdraft | 0 | 0 | 188,000 | 140,000 | 0 | 0 | 0 | 0 |
| Bank loan | 257,813 | 188,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 2,302,065 | 2,355,218 | 2,179,000 | 2,142,000 | 2,048,000 | 1,996,000 | 1,818,000 | 1,432,000 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 1,000 | 30,000 | 56,000 | 44,000 | 72,000 |
| other current liabilities | 2,511,787 | 4,589,412 | 3,203,000 | 3,829,000 | 5,320,000 | 4,329,000 | 5,388,000 | 4,741,000 |
| total current liabilities | 5,071,665 | 7,132,630 | 5,570,000 | 6,112,000 | 7,398,000 | 6,381,000 | 7,250,000 | 6,245,000 |
| loans | 426,673 | 329,625 | 516,000 | 610,000 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 |
| provisions | 195,697 | 247,851 | 228,000 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 622,370 | 577,476 | 744,000 | 610,000 | 0 | 0 | 0 | 0 |
| total liabilities | 5,694,035 | 7,710,106 | 6,314,000 | 6,722,000 | 7,398,000 | 6,381,000 | 7,250,000 | 6,245,000 |
| net assets | 984,642 | 742,927 | 560,000 | 424,000 | 346,000 | 139,000 | 56,000 | 526,000 |
| total shareholders funds | 984,642 | 742,927 | 560,000 | 424,000 | 346,000 | 139,000 | 56,000 | 526,000 |
| Dec 2023 | Dec 2022 | Dec 2021 | Jun 2021 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | 443,529 | 92,861 | 220,000 | -648,000 | 303,000 | 196,000 | -429,000 | -2,622,000 |
| Depreciation | 110,289 | 108,074 | 58,000 | 212,000 | 141,000 | 154,000 | 31,000 | 281,000 |
| Amortisation | 115,077 | 124,935 | 60,000 | 155,000 | 61,000 | 36,000 | 18,000 | 8,000 |
| Tax | -42,052 | 220,485 | -33,000 | 238,000 | 42,000 | 44,000 | 76,000 | 516,000 |
| Stock | -233,642 | 111,143 | 1,164,000 | 1,008,000 | 169,000 | -100,000 | -3,000 | 994,000 |
| Debtors | -1,427,206 | 1,661,887 | 4,870,000 | 5,265,000 | 874,000 | -504,000 | 635,000 | 4,584,000 |
| Creditors | -53,153 | 176,218 | 2,179,000 | 2,142,000 | 52,000 | 178,000 | 386,000 | 1,432,000 |
| Accruals and Deferred Income | -2,077,625 | 1,386,412 | 3,203,000 | 3,829,000 | 991,000 | -1,059,000 | 647,000 | 4,741,000 |
| Deferred Taxes & Provisions | -52,154 | 19,851 | 228,000 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 104,759 | 355,806 | -119,000 | -345,000 | 547,000 | 153,000 | 97,000 | -1,222,000 |
| Investing Activities | ||||||||
| capital expenditure | 0 | 0 | 0 | 0 | -280,000 | -242,000 | -121,000 | -1,048,000 |
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | 0 | -280,000 | -242,000 | -121,000 | -1,048,000 |
| Financing Activities | ||||||||
| Bank loans | 69,813 | 188,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 97,048 | -186,375 | 516,000 | 610,000 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 1,000 | -26,000 | 12,000 | -28,000 | 72,000 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | -178,510 | -130,470 | -52,000 | -198,000 | -138,000 | -157,000 | -137,000 | -261,000 |
| cash flow from financing | 7,099 | -128,794 | 889,000 | 1,682,000 | -164,000 | -145,000 | -145,000 | 2,704,000 |
| cash and cash equivalents | ||||||||
| cash | 35,725 | -74,610 | 161,000 | 117,000 | 107,000 | -272,000 | -22,000 | 418,000 |
| overdraft | 0 | -188,000 | 188,000 | 140,000 | 0 | 0 | 0 | 0 |
| change in cash | 35,725 | 113,390 | -27,000 | -23,000 | 107,000 | -272,000 | -22,000 | 418,000 |
komfort partitioning limited Credit Report and Business Information
Komfort Partitioning Limited Competitor Analysis
Perform a competitor analysis for komfort partitioning limited by selecting its closest rivals, whether from the MANUFACTURING sector, other large companies, companies in WS10 area or any other competitors across 12 key performance metrics.
komfort partitioning limited Ownership
KOMFORT PARTITIONING LIMITED group structure
Komfort Partitioning Limited has no subsidiary companies.
Ultimate parent company
CLEARSIGHT TURNAROUND FUND III (SCA)
#0131695
PHOENIX FUND I S C SP
#0117441
2 parents
KOMFORT PARTITIONING LIMITED
09919265
komfort partitioning limited directors
Komfort Partitioning Limited currently has 3 directors. The longest serving directors include Mr Mark Colley (Dec 2017) and Mr James Smith (Apr 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mark Colley | England | 40 years | Dec 2017 | - | Director |
| Mr James Smith | England | 50 years | Apr 2020 | - | Director |
| Mr Steven Eyles | England | 57 years | May 2020 | - | Director |
P&L
December 2023turnover
21.1m
-8%
operating profit
443.5k
+378%
gross margin
42.2%
+11.85%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
984.6k
+0.33%
total assets
6.7m
-0.21%
cash
122.1k
+0.41%
net assets
Total assets minus all liabilities
komfort partitioning limited company details
company number
09919265
Type
Private limited with Share Capital
industry
31010 - Manufacture of office and shop furniture
incorporation date
December 2015
age
9
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
AZETS AUDIT SERVICES
address
unit 501, axcess 10 business park, wednesbury, WS10 8LQ
Bank
-
Legal Advisor
-
komfort partitioning 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 6 charges/mortgages relating to komfort partitioning limited. Currently there are 2 open charges and 4 have been satisfied in the past.
komfort partitioning limited Companies House Filings - See Documents
| date | description | view/download |
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