kazareen textile group ltd
kazareen textile group ltd Company Information
Company Number
09996310
Next Accounts
Sep 2025
Shareholders
engineering consulting limited
amethis fund iii s.c.a sicav raif
View AllGroup Structure
View All
Industry
Wholesale of textiles
Registered Address
147 chiswick high road, london, W4 2DT
kazareen textile group ltd Estimated Valuation
Pomanda estimates the enterprise value of KAZAREEN TEXTILE GROUP LTD at £34.6m based on a Turnover of £44.6m and 0.78x industry multiple (adjusted for size and gross margin).
kazareen textile group ltd Estimated Valuation
Pomanda estimates the enterprise value of KAZAREEN TEXTILE GROUP LTD at £72.3m based on an EBITDA of £6.9m and a 10.41x industry multiple (adjusted for size and gross margin).
kazareen textile group ltd Estimated Valuation
Pomanda estimates the enterprise value of KAZAREEN TEXTILE GROUP LTD at £5.5m based on Net Assets of £3.9m and 1.4x industry multiple (adjusted for liquidity).
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Kazareen Textile Group Ltd Overview
Kazareen Textile Group Ltd is a live company located in london, W4 2DT with a Companies House number of 09996310. It operates in the wholesale of textiles sector, SIC Code 46410. Founded in February 2016, it's largest shareholder is engineering consulting limited with a 29% stake. Kazareen Textile Group Ltd is a young, large sized company, Pomanda has estimated its turnover at £44.6m with high growth in recent years.
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Kazareen Textile Group Ltd Health Check
Pomanda's financial health check has awarded Kazareen Textile Group Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 4 areas for improvement. Company Health Check FAQs
8 Strong
0 Regular
4 Weak
Size
annual sales of £44.6m, make it larger than the average company (£15.6m)
£44.6m - Kazareen Textile Group Ltd
£15.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 21%, show it is growing at a faster rate (5.3%)
21% - Kazareen Textile Group Ltd
5.3% - Industry AVG
Production
with a gross margin of 48.9%, this company has a lower cost of product (27.9%)
48.9% - Kazareen Textile Group Ltd
27.9% - Industry AVG
Profitability
an operating margin of 12.6% make it more profitable than the average company (3.8%)
12.6% - Kazareen Textile Group Ltd
3.8% - Industry AVG
Employees
with 2395 employees, this is above the industry average (47)
2395 - Kazareen Textile Group Ltd
47 - Industry AVG
Pay Structure
on an average salary of £3.2k, the company has a lower pay structure (£42.3k)
£3.2k - Kazareen Textile Group Ltd
£42.3k - Industry AVG
Efficiency
resulting in sales per employee of £18.6k, this is less efficient (£315.1k)
£18.6k - Kazareen Textile Group Ltd
£315.1k - Industry AVG
Debtor Days
it gets paid by customers after 31 days, this is earlier than average (45 days)
31 days - Kazareen Textile Group Ltd
45 days - Industry AVG
Creditor Days
its suppliers are paid after 149 days, this is slower than average (29 days)
149 days - Kazareen Textile Group Ltd
29 days - Industry AVG
Stock Days
it holds stock equivalent to 267 days, this is more than average (119 days)
267 days - Kazareen Textile Group Ltd
119 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (8 weeks)
1 weeks - Kazareen Textile Group Ltd
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 85.7%, this is a higher level of debt than the average (52.4%)
85.7% - Kazareen Textile Group Ltd
52.4% - Industry AVG
KAZAREEN TEXTILE GROUP LTD financials
Kazareen Textile Group Ltd's latest turnover from December 2023 is £44.6 million and the company has net assets of £3.9 million. According to their latest financial statements, Kazareen Textile Group Ltd has 2,395 employees and maintains cash reserves of £1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Feb 2018 | Feb 2017 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 44,550,292 | 40,529,122 | 28,950,591 | 25,450,187 | 36,570,045 | 16,325,533 | ||
| Other Income Or Grants | ||||||||
| Cost Of Sales | 22,757,261 | 23,048,924 | 17,236,494 | 17,078,687 | 23,292,190 | 14,029,789 | ||
| Gross Profit | 21,793,031 | 17,480,198 | 11,714,097 | 8,371,500 | 13,277,855 | 2,295,744 | ||
| Admin Expenses | 16,193,425 | 22,219,991 | 10,806,367 | 14,890,334 | 11,695,739 | 1,183,110 | ||
| Operating Profit | 5,599,606 | -4,739,793 | 907,730 | -6,518,834 | 1,582,116 | 1,112,634 | ||
| Interest Payable | 3,193,923 | 2,661,181 | 2,100,894 | 1,941,874 | 1,599,948 | 64,353 | ||
| Interest Receivable | 2,503 | 112,107 | 251,371 | |||||
| Pre-Tax Profit | 2,405,683 | -7,400,974 | -1,193,164 | -8,458,205 | 94,275 | 1,299,652 | ||
| Tax | -1,534,679 | -95,068 | -125,392 | 1,244,022 | -332,535 | 294,576 | ||
| Profit After Tax | 871,004 | -7,496,042 | -1,318,556 | -7,214,183 | -238,260 | 1,594,228 | ||
| Dividends Paid | ||||||||
| Retained Profit | 721,293 | -7,510,859 | -1,323,732 | -7,122,698 | -312,614 | 1,594,228 | ||
| Employee Costs | 7,704,456 | 8,385,417 | 7,451,270 | 8,165,297 | 8,576,851 | 951,549 | ||
| Number Of Employees | 2,395 | 2,338 | 2,241 | 2,335 | 3,134 | 2,978 | ||
| EBITDA* | 6,944,796 | -3,246,534 | 2,395,358 | -4,810,906 | 3,309,205 | 1,505,872 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Feb 2018 | Feb 2017 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 22,994,854 | 11,575,835 | 17,172,856 | 14,958,454 | 12,563,664 | 6,942,296 | ||
| Intangible Assets | 3,679,705 | 3,679,705 | 3,807,400 | 3,807,400 | 3,829,402 | 3,843,658 | ||
| Investments & Other | 286,344 | 294,739 | 5,955,218 | 106,896 | 341,555 | 100 | ||
| Debtors (Due After 1 year) | 776,763 | 2,534,573 | 1,617,076 | 1,558,891 | 297,899 | 83,711 | ||
| Total Fixed Assets | 26,674,559 | 15,255,540 | 19,363,180 | 17,208,772 | 16,393,066 | 10,785,954 | 100 | |
| Stock & work in progress | 16,688,796 | 16,579,273 | 13,867,311 | 13,730,128 | 14,996,768 | 13,828,528 | ||
| Trade Debtors | 3,895,265 | 4,502,757 | 5,081,672 | 5,337,182 | 8,851,727 | 6,335,097 | ||
| Group Debtors | 1,126 | 83,853 | ||||||
| Misc Debtors | 4,851,504 | 2,553,129 | 3,000,530 | 2,355,955 | 2,188,965 | 2,496,222 | ||
| Cash | 1,045,615 | 1,006,586 | 1,810,432 | 2,803,424 | 502,417 | 1,415,816 | ||
| misc current assets | 193,806 | 227,798 | 223,793 | 624,332 | 1,643,705 | 1,192,444 | ||
| total current assets | 26,929,668 | 25,185,139 | 24,206,864 | 25,015,290 | 28,201,331 | 25,268,107 | ||
| total assets | 53,604,227 | 40,440,679 | 43,570,044 | 42,224,062 | 44,594,397 | 36,054,061 | 100 | |
| Bank overdraft | ||||||||
| Bank loan | 17,431,664 | 19,286,517 | 17,736,107 | 18,177,590 | 15,207,116 | 10,780,611 | ||
| Trade Creditors | 9,348,898 | 9,822,032 | 9,080,640 | 9,313,433 | 9,302,467 | 8,442,247 | ||
| Group/Directors Accounts | 17,550 | 7,550 | 10,812 | 63,612 | ||||
| other short term finances | 8,058,882 | 4,170,581 | ||||||
| hp & lease commitments | 1,208,523 | 619,512 | 1,257,704 | 883,050 | 1,561,699 | |||
| other current liabilities | 11,339,373 | 10,835,988 | 7,463,448 | 6,763,461 | 5,894,191 | 8,119,551 | ||
| total current liabilities | 39,328,458 | 40,564,049 | 43,614,331 | 35,145,084 | 31,976,285 | 31,576,602 | ||
| loans | 7,725,504 | 9,249,756 | 9,078,718 | 15,989,593 | 19,550,288 | 2,453,593 | ||
| hp & lease commitments | 3,346,743 | 3,187,459 | 3,744,565 | 5,099,890 | 4,002,280 | |||
| Accruals and Deferred Income | ||||||||
| other liabilities | 1,622,113 | 1,669,675 | 299,610 | 4,040 | 281,463 | |||
| provisions | 2,238,854 | 2,427,984 | 1,101,476 | 426,614 | 315,654 | |||
| total long term liabilities | 6,604,292 | 7,508,545 | 5,884,891 | 11,189,313 | 9,992,491 | 2,892,883 | ||
| total liabilities | 45,932,750 | 48,072,594 | 49,499,222 | 46,334,397 | 41,968,776 | 34,469,485 | ||
| net assets | 3,938,775 | -10,824,296 | -6,452,026 | -4,628,007 | 2,016,464 | 1,529,363 | 100 | |
| total shareholders funds | 3,938,775 | -10,824,296 | -6,452,026 | -4,628,007 | 2,016,464 | 1,529,363 | 100 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Feb 2018 | Feb 2017 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | 5,599,606 | -4,739,793 | 907,730 | -6,518,834 | 1,582,116 | 1,112,634 | ||
| Depreciation | 1,345,190 | 1,493,259 | 1,487,628 | 1,707,928 | 1,715,178 | 379,599 | ||
| Amortisation | 11,911 | 13,639 | ||||||
| Tax | -1,534,679 | -95,068 | -125,392 | 1,244,022 | -332,535 | 294,576 | ||
| Stock | 109,523 | 2,711,962 | 137,183 | -1,266,640 | 1,168,240 | 13,828,528 | ||
| Debtors | -149,654 | -24,966 | 447,250 | -2,086,563 | 2,423,561 | 8,915,030 | ||
| Creditors | -473,134 | 741,392 | -232,793 | 10,966 | 860,220 | 8,442,247 | ||
| Accruals and Deferred Income | 503,385 | 3,372,540 | 699,987 | 869,270 | -2,225,360 | 8,119,551 | ||
| Deferred Taxes & Provisions | -189,130 | 1,326,508 | 1,101,476 | -426,614 | 110,960 | 315,654 | ||
| Cash flow from operations | 5,291,369 | -588,158 | 3,254,203 | 239,941 | -1,869,311 | -4,065,658 | ||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | -8,395 | -5,660,479 | 5,955,218 | -106,896 | -234,659 | 341,455 | -100 | 100 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | -1,854,853 | 1,550,410 | -441,483 | 2,970,474 | 4,426,505 | 10,780,611 | ||
| Group/Directors Accounts | -17,550 | 10,000 | -3,262 | -52,800 | 63,612 | |||
| Other Short Term Loans | -8,058,882 | 8,058,882 | -4,170,581 | 4,170,581 | ||||
| Long term loans | -1,524,252 | 171,038 | -6,910,875 | -3,560,695 | 17,096,695 | 2,453,593 | ||
| Hire Purchase and Lease Commitments | 748,295 | -1,195,298 | -980,671 | 418,961 | 5,563,979 | |||
| other long term liabilities | -47,562 | 1,669,675 | -299,610 | 295,570 | -277,423 | 281,463 | ||
| share issue | ||||||||
| interest | -3,193,923 | -2,661,181 | -2,100,894 | -1,939,371 | -1,487,841 | 187,018 | ||
| cash flow from financing | 8,169,483 | -5,403,199 | -3,164,938 | -1,340,096 | 21,898,249 | 17,871,913 | ||
| cash and cash equivalents | ||||||||
| cash | 39,029 | -803,846 | -992,992 | 2,301,007 | -913,399 | 1,415,816 | ||
| overdraft | ||||||||
| change in cash | 39,029 | -803,846 | -992,992 | 2,301,007 | -913,399 | 1,415,816 |
kazareen textile group ltd Credit Report and Business Information
Kazareen Textile Group Ltd Competitor Analysis
Perform a competitor analysis for kazareen textile group ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other large companies, companies in W 4 area or any other competitors across 12 key performance metrics.
kazareen textile group ltd Ownership
KAZAREEN TEXTILE GROUP LTD group structure
Kazareen Textile Group Ltd has no subsidiary companies.
Ultimate parent company
KAZAREEN TEXTILE GROUP LTD
09996310
kazareen textile group ltd directors
Kazareen Textile Group Ltd currently has 6 directors. The longest serving directors include Mr Oussama Abboud (Mar 2018) and Mr Luc Rigouzzo (Feb 2025).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Oussama Abboud | Canada | 60 years | Mar 2018 | - | Director |
| Mr Luc Rigouzzo | France | 61 years | Feb 2025 | - | Director |
| Mr Daniel Bricken | England | 57 years | Feb 2025 | - | Director |
| Mr El El Sawaf | England | 74 years | Feb 2025 | - | Director |
| Mr Toufic Khoueiri | France | 41 years | Feb 2025 | - | Director |
| Mr Karim Naim | Egypt | 32 years | Feb 2025 | - | Director |
P&L
December 2023turnover
44.6m
+10%
operating profit
5.6m
-218%
gross margin
49%
+13.42%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
3.9m
-1.36%
total assets
53.6m
+0.33%
cash
1m
+0.04%
net assets
Total assets minus all liabilities
Similar Companies
kazareen textile group ltd company details
company number
09996310
Type
Private limited with Share Capital
industry
46410 - Wholesale of textiles
incorporation date
February 2016
age
9
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
husam sorour limited (August 2016)
accountant
-
auditor
MERALI'S
address
147 chiswick high road, london, W4 2DT
Bank
-
Legal Advisor
-
kazareen textile group 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 kazareen textile group ltd.
kazareen textile group 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.
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kazareen textile group ltd Companies House Filings - See Documents
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