Pomanda estimates the enterprise value of KX TICKETS LIMITED at £6.6m based on a Turnover of £7.3m and 0.9x industry multiple (adjusted for size and gross margin).
kx tickets limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of KX TICKETS LIMITED at £0 based on an EBITDA of £-22.7k and a 6.68x industry multiple (adjusted for size and gross margin).
kx tickets limitedEstimated Valuation
£1.2m
Pomanda estimates the enterprise value of KX TICKETS LIMITED at £1.2m based on Net Assets of £363.3k and 3.2x industry multiple (adjusted for liquidity).
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Kx Tickets LimitedOverview
Kx Tickets Limited is a live company located in london, W1D 6LT with a Companies House number of 10071629. It operates in the other reservation service activities n.e.c. sector, SIC Code 79909. Founded in March 2016, it's largest shareholder is
runaway entertainment ltd
with a 50% stake. Kx Tickets Limited is a young,
mid sized company, Pomanda has estimated its turnover at
£7.3m with
rapid
growth in recent years.
Pomanda's financial health check has awarded Kx Tickets Limited a 3.5 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
Health Rating3.5out of 5
5 Strong
2 Regular
4 Weak
Size
annual sales of £7.3m, make it larger than the average company (£1.7m)
£7.3m - Kx Tickets Limited
£1.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 123%, show it is growing at a faster rate (26.1%)
123% - Kx Tickets Limited
26.1% - Industry AVG
Production
with a gross margin of 44.7%, this company has a comparable cost of product (44.7%)
44.7% - Kx Tickets Limited
44.7% - Industry AVG
Profitability
an operating margin of -0.4% make it less profitable than the average company (7.4%)
-0.4% - Kx Tickets Limited
7.4% - Industry AVG
Employees
with 22 employees, this is above the industry average (14)
22 - Kx Tickets Limited
14 - Industry AVG
Pay Structure
on an average salary of £35.3k, the company has an equivalent pay structure (£35.3k)
£35.3k - Kx Tickets Limited
£35.3k - Industry AVG
Efficiency
resulting in sales per employee of £333.7k, this is more efficient (£153.1k)
£333.7k - Kx Tickets Limited
£153.1k - Industry AVG
Debtor Days
it gets paid by customers after 51 days, this is later than average (28 days)
51 days - Kx Tickets Limited
28 days - Industry AVG
Creditor Days
its suppliers are paid after 52 days, this is slower than average (46 days)
52 days - Kx Tickets Limited
46 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Kx Tickets Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 14 weeks, this is less cash available to meet short term requirements (39 weeks)
14 weeks - Kx Tickets Limited
39 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 97.5%, this is a higher level of debt than the average (60.1%)
97.5% - Kx Tickets Limited
60.1% - Industry AVG
KX TICKETS LIMITED financials
EXPORT
Kx Tickets Limited's latest turnover from March 2024 is estimated at £7.3 million and the company has net assets of £363.3 thousand. According to their latest financial statements, Kx Tickets Limited has 22 employees and maintains cash reserves of £3.9 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Turnover
7,340,658
4,591,556
2,615,395
664,795
2,530,158
1,898,081
349,384
879,569
Other Income Or Grants
Cost Of Sales
4,058,241
2,808,811
1,259,883
418,986
1,614,964
1,283,545
211,250
650,185
Gross Profit
3,282,417
1,782,745
1,355,512
245,809
915,193
614,536
138,134
229,384
Admin Expenses
3,308,265
1,234,795
1,301,074
512,528
833,708
568,261
90,837
202,415
Operating Profit
-25,848
547,950
54,438
-266,719
81,485
46,275
47,297
26,969
Interest Payable
60,188
55,863
3,375
1,525
Interest Receivable
109,895
8,107
989
312
397
2,115
648
1
Pre-Tax Profit
23,859
500,195
52,052
-267,932
81,883
48,390
47,944
26,970
Tax
-5,965
-95,037
-9,890
-15,558
-9,194
-9,109
-5,394
Profit After Tax
17,894
405,158
42,162
-267,932
66,325
39,196
38,835
21,576
Dividends Paid
Retained Profit
17,894
405,158
42,162
-267,932
66,325
39,196
38,835
21,576
Employee Costs
776,790
716,805
682,548
691,374
1,059,791
478,544
114,477
106,531
Number Of Employees
22
22
22
22
34
17
4
4
EBITDA*
-22,687
550,901
63,660
-260,603
88,188
54,496
53,902
33,574
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Tangible Assets
2,394
3,146
3,731
8,254
12,765
3,236
6,610
13,215
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
2,394
3,146
3,731
8,254
12,765
3,236
6,610
13,215
Stock & work in progress
Trade Debtors
1,031,027
671,997
528,346
38,052
320,026
243,266
51,543
62,668
Group Debtors
Misc Debtors
9,285,920
4,804,977
4,974,524
4,679,524
5,485,704
286,525
578,053
162,756
Cash
3,934,054
252,406
129,111
134,625
489,427
305,436
258,583
591
misc current assets
18,471
total current assets
14,251,001
5,729,380
5,650,452
4,852,201
6,295,157
835,227
888,179
226,015
total assets
14,253,395
5,732,526
5,654,183
4,860,455
6,307,922
838,463
894,789
239,230
Bank overdraft
10,000
1,010,000
Bank loan
Trade Creditors
581,915
338,641
280,352
71,048
11,942
155,226
16,153
171,743
Group/Directors Accounts
600,000
800,000
600,000
600,000
other short term finances
hp & lease commitments
other current liabilities
13,278,166
3,408,465
4,583,569
4,241,307
5,529,948
583,530
818,125
45,811
total current liabilities
13,870,081
5,357,106
5,663,921
4,912,355
6,141,890
738,756
834,278
217,554
loans
20,000
30,000
50,000
50,000
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
20,000
30,000
50,000
50,000
total liabilities
13,890,081
5,387,106
5,713,921
4,962,355
6,141,890
738,756
834,278
217,554
net assets
363,314
345,420
-59,738
-101,900
166,032
99,707
60,511
21,676
total shareholders funds
363,314
345,420
-59,738
-101,900
166,032
99,707
60,511
21,676
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Operating Activities
Operating Profit
-25,848
547,950
54,438
-266,719
81,485
46,275
47,297
26,969
Depreciation
3,161
2,951
9,222
6,116
6,703
8,221
6,605
6,605
Amortisation
Tax
-5,965
-95,037
-9,890
-15,558
-9,194
-9,109
-5,394
Stock
Debtors
4,839,973
-25,896
785,294
-1,088,154
5,275,939
-99,805
404,172
225,424
Creditors
243,274
58,289
209,304
59,106
-143,284
139,073
-155,590
171,743
Accruals and Deferred Income
9,869,701
-1,175,104
342,262
-1,288,641
4,946,418
-234,595
772,314
45,811
Deferred Taxes & Provisions
Cash flow from operations
5,244,350
-635,055
-179,958
-401,984
-400,175
49,585
257,345
20,310
Investing Activities
capital expenditure
-2,409
-2,366
-4,699
-1,605
-16,232
-4,847
-19,820
Change in Investments
cash flow from investments
-2,409
-2,366
-4,699
-1,605
-16,232
-4,847
-19,820
Financing Activities
Bank loans
Group/Directors Accounts
-600,000
-200,000
200,000
600,000
Other Short Term Loans
Long term loans
-10,000
-20,000
50,000
Hire Purchase and Lease Commitments
other long term liabilities
share issue
100
interest
49,707
-47,756
-2,386
-1,213
397
2,115
648
1
cash flow from financing
-560,293
-267,756
197,614
48,787
600,397
2,115
648
101
cash and cash equivalents
cash
3,681,648
123,295
-5,514
-354,802
183,991
46,853
257,992
591
overdraft
-1,000,000
1,010,000
change in cash
4,681,648
-886,705
-5,514
-354,802
183,991
46,853
257,992
591
kx tickets limited 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 kx tickets limited. Get real-time insights into kx tickets limited's credit score, group structure and payment trends.
Perform a competitor analysis for kx tickets limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other mid companies, companies in W1D area or any other competitors across 12 key performance metrics.
kx tickets limited Ownership
KX TICKETS LIMITED group structure
Kx Tickets Limited has no subsidiary companies.
Ultimate parent company
KX TICKETS LIMITED
10071629
KX TICKETS LIMITED Shareholders
The largest shareholders in Kx Tickets Limited include Runaway Entertainment Ltd and Bos Productions Limited.
runaway entertainment ltd
50%
bos productions limited
50%
kx tickets limited directors
Kx Tickets Limited currently has 2 directors.
The longest serving directors include
Mr Tristan Baker (Mar 2016) and
Mr Oliver Royds (Mar 2017).
79909 - Other reservation service and related activities (not including activities of tourist guides)
incorporation date
March 2016
age
9
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
62 shaftesbury avenue, london, W1D 6LT
Bank
-
Legal Advisor
-
kx tickets 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 did not find charges/mortgages relating to kx tickets limited.
kx tickets limited 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 KX TICKETS LIMITED. This can take several minutes, an email will notify you when this has completed.
kx tickets limitedCompanies House Filings - See Documents
