krank limited
krank limited Company Information
Company Number
10154742
Website
www.krank.comRegistered Address
suite 2, unit 200, cambridge science park, cambridge, CB4 0GZ
Industry
Sale of other motor vehicles
Business and domestic software development
Telephone
03339398442
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
mark turner 39.4%
berylls group gmbh 17.2%
View Allkrank limited Estimated Valuation
Pomanda estimates the enterprise value of KRANK LIMITED at £787.7k based on a Turnover of £1.5m and 0.54x industry multiple (adjusted for size and gross margin).
krank limited Estimated Valuation
Pomanda estimates the enterprise value of KRANK LIMITED at £0 based on an EBITDA of £-1.2m and a 4.31x industry multiple (adjusted for size and gross margin).
krank limited Estimated Valuation
Pomanda estimates the enterprise value of KRANK LIMITED at £7.7m based on Net Assets of £2.9m and 2.65x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Krank Limited Overview
Krank Limited is a live company located in cambridge, CB4 0GZ with a Companies House number of 10154742. It operates in the sale of other motor vehicles sector, SIC Code 45190. Founded in April 2016, it's largest shareholder is mark turner with a 39.4% stake. Krank Limited is a young, small sized company, Pomanda has estimated its turnover at £1.5m with rapid growth in recent years.
Upgrade for unlimited company reports & a free credit check
Krank Limited Health Check
Pomanda's financial health check has awarded Krank Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
5 Weak
Size
annual sales of £1.5m, make it smaller than the average company (£18.1m)
- Krank Limited
£18.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 52%, show it is growing at a faster rate (10.1%)
- Krank Limited
10.1% - Industry AVG
Production
with a gross margin of 43.1%, this company has a comparable cost of product (43.1%)
- Krank Limited
43.1% - Industry AVG
Profitability
an operating margin of -93.4% make it less profitable than the average company (3.7%)
- Krank Limited
3.7% - Industry AVG
Employees
with 10 employees, this is below the industry average (53)
10 - Krank Limited
53 - Industry AVG
Pay Structure
on an average salary of £57.5k, the company has an equivalent pay structure (£57.5k)
- Krank Limited
£57.5k - Industry AVG
Efficiency
resulting in sales per employee of £147.1k, this is less efficient (£334.3k)
- Krank Limited
£334.3k - Industry AVG
Debtor Days
it gets paid by customers after 13 days, this is earlier than average (38 days)
- Krank Limited
38 days - Industry AVG
Creditor Days
its suppliers are paid after 10 days, this is quicker than average (42 days)
- Krank Limited
42 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Krank Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1052 weeks, this is more cash available to meet short term requirements (13 weeks)
1052 weeks - Krank Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 2.5%, this is a lower level of debt than the average (65.4%)
2.5% - Krank Limited
65.4% - Industry AVG
KRANK LIMITED financials
Krank Limited's latest turnover from December 2023 is estimated at £1.5 million and the company has net assets of £2.9 million. According to their latest financial statements, Krank Limited has 10 employees and maintains cash reserves of £1.4 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | |
|---|---|---|---|---|---|---|---|---|
| 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 | 10 | 2 | 2 | 4 | 3 | 3 | 3 | 3 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 9,097 | 754 | 4,286 | 7,830 | 3,111 | 542,552 | 5,333 | 2,815 |
| Intangible Assets | 1,340,109 | 1,302,880 | 1,146,781 | 951,962 | 716,769 | 6,614 | 379,840 | 170,726 |
| Investments & Other | 336 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,349,542 | 1,303,634 | 1,151,067 | 959,792 | 719,880 | 549,166 | 385,173 | 173,541 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 53,237 | 33,963 | 13,272 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 137,527 | 121,196 | 0 | 11,003 | 52,346 | 97,821 | 16,571 | 2,560 |
| Cash | 1,441,798 | 2,838,584 | 58,994 | 65,944 | 7,044 | 246,560 | 254 | 13,478 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,632,562 | 2,993,743 | 72,266 | 76,947 | 59,390 | 344,381 | 16,825 | 16,038 |
| total assets | 2,982,104 | 4,297,377 | 1,223,333 | 1,036,739 | 779,270 | 893,547 | 401,998 | 189,579 |
| Bank overdraft | 0 | 317 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 23,022 | 82,650 | 1,525,005 | 1,526 | 1,014 | 23,357 | 11,533 | 10,443 |
| Group/Directors Accounts | 1,072 | 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 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 47,155 | 38,326 | 0 | 1,016,886 | 577,834 | 572,468 | 13,454 | 12,440 |
| total current liabilities | 71,249 | 121,293 | 1,525,005 | 1,018,412 | 578,848 | 595,825 | 24,987 | 22,883 |
| loans | 0 | 0 | 0 | 0 | 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 | 1,928 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 1,928 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 73,177 | 121,293 | 1,525,005 | 1,018,412 | 578,848 | 595,825 | 24,987 | 22,883 |
| net assets | 2,908,927 | 4,176,084 | -301,672 | 18,327 | 200,422 | 297,722 | 377,011 | 166,696 |
| total shareholders funds | 2,908,927 | 4,176,084 | -301,672 | 18,327 | 200,422 | 297,722 | 377,011 | 166,696 |
| Dec 2023 | Dec 2022 | Dec 2021 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 2,944 | 4,460 | 2,848 | 3,503 | 3,212 | 2,294 | 804 | |
| Amortisation | 130,775 | 0 | 0 | 0 | 0 | 0 | ||
| Tax | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 35,605 | 141,887 | -39,074 | -41,343 | -45,475 | 81,250 | 14,011 | 2,560 |
| Creditors | -59,628 | -1,442,355 | 1,523,991 | 512 | -22,343 | 11,824 | 1,090 | 10,443 |
| Accruals and Deferred Income | 8,829 | 38,326 | -577,834 | 439,052 | 5,366 | 559,014 | 1,014 | 12,440 |
| Deferred Taxes & Provisions | 1,928 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 336 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 1,072 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | -1,396,786 | 2,779,590 | 51,950 | 58,900 | -239,516 | 246,306 | -13,224 | 13,478 |
| overdraft | -317 | 317 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -1,396,469 | 2,779,273 | 51,950 | 58,900 | -239,516 | 246,306 | -13,224 | 13,478 |
krank limited Credit Report and Business Information
Krank Limited Competitor Analysis
Perform a competitor analysis for krank limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in CB4 area or any other competitors across 12 key performance metrics.
krank limited Ownership
KRANK LIMITED group structure
Krank Limited has no subsidiary companies.
Ultimate parent company
KRANK LIMITED
10154742
krank limited directors
Krank Limited currently has 4 directors. The longest serving directors include Mr Mark Turner (Apr 2016) and Mr Arthur Kipferler (Jul 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mark Turner | England | 55 years | Apr 2016 | - | Director |
| Mr Arthur Kipferler | England | 61 years | Jul 2022 | - | Director |
| Mr Khurram Mumtaz | England | 45 years | Oct 2022 | - | Director |
| Mr Christian Mahnert-Lueg | Germany | 56 years | Oct 2022 | - | Director |
P&L
December 2023turnover
1.5m
+249%
operating profit
-1.4m
0%
gross margin
43.1%
-0.58%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
2.9m
-0.3%
total assets
3m
-0.31%
cash
1.4m
-0.49%
net assets
Total assets minus all liabilities
Similar Companies
krank limited company details
company number
10154742
Type
Private limited with Share Capital
industry
45190 - Sale of other motor vehicles
62012 - Business and domestic software development
incorporation date
April 2016
age
8
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
suite 2, unit 200, cambridge science park, cambridge, CB4 0GZ
Bank
-
Legal Advisor
-
krank 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 krank limited.
krank limited Companies House Filings - See Documents
| date | description | view/download |
|---|
