k x coworking ltd
k x coworking ltd Company Information
Company Number
09957803
Next Accounts
Sep 2025
Shareholders
kings cross church
Group Structure
View All
Industry
Other business support service activities n.e.c.
Registered Address
ark coworking carnegie street, london, N1 9QW
Website
www.arkcoworking.comk x coworking ltd Estimated Valuation
Pomanda estimates the enterprise value of K X COWORKING LTD at £95.5k based on a Turnover of £243.1k and 0.39x industry multiple (adjusted for size and gross margin).
k x coworking ltd Estimated Valuation
Pomanda estimates the enterprise value of K X COWORKING LTD at £111.4k based on an EBITDA of £38.8k and a 2.87x industry multiple (adjusted for size and gross margin).
k x coworking ltd Estimated Valuation
Pomanda estimates the enterprise value of K X COWORKING LTD at £352.7k based on Net Assets of £165.4k and 2.13x industry multiple (adjusted for liquidity).
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K X Coworking Ltd Overview
K X Coworking Ltd is a live company located in london, N1 9QW with a Companies House number of 09957803. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in January 2016, it's largest shareholder is kings cross church with a 100% stake. K X Coworking Ltd is a young, micro sized company, Pomanda has estimated its turnover at £243.1k with healthy growth in recent years.
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K X Coworking Ltd Health Check
Pomanda's financial health check has awarded K X Coworking Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
5 Weak
Size
annual sales of £243.1k, make it smaller than the average company (£4.8m)
- K X Coworking Ltd
£4.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a similar rate (6.7%)
- K X Coworking Ltd
6.7% - Industry AVG
Production
with a gross margin of 17%, this company has a higher cost of product (38.2%)
- K X Coworking Ltd
38.2% - Industry AVG
Profitability
an operating margin of 15.9% make it more profitable than the average company (5.7%)
- K X Coworking Ltd
5.7% - Industry AVG
Employees
with 3 employees, this is below the industry average (27)
3 - K X Coworking Ltd
27 - Industry AVG
Pay Structure
on an average salary of £53.9k, the company has an equivalent pay structure (£53.9k)
- K X Coworking Ltd
£53.9k - Industry AVG
Efficiency
resulting in sales per employee of £81k, this is less efficient (£171.2k)
- K X Coworking Ltd
£171.2k - Industry AVG
Debtor Days
it gets paid by customers after 122 days, this is later than average (42 days)
- K X Coworking Ltd
42 days - Industry AVG
Creditor Days
its suppliers are paid after 39 days, this is slower than average (32 days)
- K X Coworking Ltd
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- K X Coworking Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - K X Coworking Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 22%, this is a lower level of debt than the average (62.6%)
22% - K X Coworking Ltd
62.6% - Industry AVG
K X COWORKING LTD financials
K X Coworking Ltd's latest turnover from December 2023 is estimated at £243.1 thousand and the company has net assets of £165.4 thousand. According to their latest financial statements, K X Coworking Ltd has 3 employees and maintains cash reserves of 0 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 | |
|---|---|---|---|---|---|---|---|---|
| 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 | 3 | 3 | 3 | 3 | 1 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 124,570 | 120,357 | 4,052 | 4,325 | 2,722 | 3,144 | 3,228 | 4,145 |
| Intangible Assets | ||||||||
| Investments & Other | ||||||||
| Debtors (Due After 1 year) | ||||||||
| Total Fixed Assets | 124,570 | 120,357 | 4,052 | 4,325 | 2,722 | 3,144 | 3,228 | 4,145 |
| Stock & work in progress | ||||||||
| Trade Debtors | 81,754 | 55,060 | 117,720 | 67,009 | 79,593 | 43,804 | 27,619 | 14,618 |
| Group Debtors | ||||||||
| Misc Debtors | 5,721 | 2,352 | 5,186 | 5,133 | 3,782 | |||
| Cash | ||||||||
| misc current assets | 5,656 | 2,879 | 1,342 | |||||
| total current assets | 87,475 | 57,412 | 122,906 | 72,142 | 83,375 | 49,460 | 30,498 | 15,960 |
| total assets | 212,045 | 177,769 | 126,958 | 76,467 | 86,097 | 52,604 | 33,726 | 20,105 |
| Bank overdraft | ||||||||
| Bank loan | ||||||||
| Trade Creditors | 22,011 | 10,810 | 19,761 | 13,271 | 16,870 | 11,477 | 6,277 | |
| Group/Directors Accounts | ||||||||
| other short term finances | ||||||||
| hp & lease commitments | ||||||||
| other current liabilities | ||||||||
| total current liabilities | 22,011 | 10,810 | 19,761 | 13,271 | 16,870 | 11,477 | 6,277 | |
| loans | ||||||||
| hp & lease commitments | ||||||||
| Accruals and Deferred Income | 16,344 | 10,676 | 23,277 | 4,946 | 16,857 | 1,507 | 142 | 30,801 |
| other liabilities | 8,333 | 20,000 | 25,000 | 25,556 | 36,111 | 42,778 | ||
| provisions | ||||||||
| total long term liabilities | 24,677 | 30,676 | 23,277 | 4,946 | 41,857 | 27,063 | 36,253 | 73,579 |
| total liabilities | 46,688 | 41,486 | 43,038 | 18,217 | 58,727 | 38,540 | 42,530 | 73,579 |
| net assets | 165,357 | 136,283 | 83,920 | 58,250 | 27,370 | 14,064 | -8,804 | -53,474 |
| total shareholders funds | 165,357 | 136,283 | 83,920 | 58,250 | 27,370 | 14,064 | -8,804 | -53,474 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | ||||||||
| Amortisation | ||||||||
| Tax | ||||||||
| Stock | ||||||||
| Debtors | 30,063 | -65,494 | 50,764 | -11,233 | 39,571 | 16,185 | 13,001 | 14,618 |
| Creditors | 11,201 | -8,951 | 6,490 | -3,599 | 5,393 | 5,200 | 6,277 | |
| Accruals and Deferred Income | 5,668 | -12,601 | 18,331 | -11,911 | 15,350 | 1,365 | -30,659 | 30,801 |
| Deferred Taxes & Provisions | ||||||||
| Cash flow from operations | ||||||||
| 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 | -11,667 | 20,000 | -25,000 | -556 | -10,555 | -6,667 | 42,778 | |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | ||||||||
| overdraft | ||||||||
| change in cash |
k x coworking ltd Credit Report and Business Information
K X Coworking Ltd Competitor Analysis
Perform a competitor analysis for k x coworking ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in N 1 area or any other competitors across 12 key performance metrics.
k x coworking ltd Ownership
K X COWORKING LTD group structure
K X Coworking Ltd has 1 subsidiary company.
k x coworking ltd directors
K X Coworking Ltd currently has 3 directors. The longest serving directors include Mr Nicholas Johnson (Jan 2016) and Ms Jessica Bradley (Jan 2025).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nicholas Johnson | England | 39 years | Jan 2016 | - | Director |
| Ms Jessica Bradley | United Kingdom | 31 years | Jan 2025 | - | Director |
| Mr Richard Spens | England | 42 years | Jan 2025 | - | Director |
P&L
December 2023turnover
243.1k
+38%
operating profit
38.8k
0%
gross margin
17%
-0.63%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
165.4k
+0.21%
total assets
212k
+0.19%
cash
0
0%
net assets
Total assets minus all liabilities
k x coworking ltd company details
company number
09957803
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
January 2016
age
9
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
ark coworking carnegie street, london, N1 9QW
Bank
-
Legal Advisor
-
k x coworking 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 k x coworking ltd.
k x coworking 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 X COWORKING LTD. This can take several minutes, an email will notify you when this has completed.
k x coworking ltd Companies House Filings - See Documents
| date | description | view/download |
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