kew soda ltd
kew soda ltd Company Information
Company Number
10260126
Website
-Registered Address
23 college hill, london, EC4R 2RP
Industry
Mining of chemical and fertiliser minerals
Other mining and quarrying n.e.c.
Telephone
-
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
akkan enerji ve madencilik as 100%
turgay ciner 0%
kew soda ltd Estimated Valuation
Pomanda estimates the enterprise value of KEW SODA LTD at £2b based on a Turnover of £1.2b and 1.69x industry multiple (adjusted for size and gross margin).
kew soda ltd Estimated Valuation
Pomanda estimates the enterprise value of KEW SODA LTD at £4.8b based on an EBITDA of £507.6m and a 9.49x industry multiple (adjusted for size and gross margin).
kew soda ltd Estimated Valuation
Pomanda estimates the enterprise value of KEW SODA LTD at £1.4b based on Net Assets of £1b and 1.32x industry multiple (adjusted for liquidity).
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Kew Soda Ltd Overview
Kew Soda Ltd is a live company located in london, EC4R 2RP with a Companies House number of 10260126. It operates in the mining of chemical and fertilizer minerals sector, SIC Code 08910. Founded in July 2016, it's largest shareholder is akkan enerji ve madencilik as with a 100% stake. Kew Soda Ltd is a young, mega sized company, Pomanda has estimated its turnover at £1.2b with high growth in recent years.
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Kew Soda Ltd Health Check
Pomanda's financial health check has awarded Kew Soda Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 11 measures and has 1 areas for improvement. Company Health Check FAQs
11 Strong
0 Regular
1 Weak
Size
annual sales of £1.2b, make it larger than the average company (£58.7m)
£1.2b - Kew Soda Ltd
£58.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 23%, show it is growing at a faster rate (12.9%)
23% - Kew Soda Ltd
12.9% - Industry AVG
Production
with a gross margin of 46.4%, this company has a lower cost of product (26.6%)
46.4% - Kew Soda Ltd
26.6% - Industry AVG
Profitability
an operating margin of 40.6% make it more profitable than the average company (-0.3%)
40.6% - Kew Soda Ltd
-0.3% - Industry AVG
Employees
with 1578 employees, this is above the industry average (192)
1578 - Kew Soda Ltd
192 - Industry AVG
Pay Structure
on an average salary of £30.4k, the company has a lower pay structure (£51.6k)
£30.4k - Kew Soda Ltd
£51.6k - Industry AVG
Efficiency
resulting in sales per employee of £759.2k, this is more efficient (£279.7k)
£759.2k - Kew Soda Ltd
£279.7k - Industry AVG
Debtor Days
it gets paid by customers after 36 days, this is earlier than average (85 days)
36 days - Kew Soda Ltd
85 days - Industry AVG
Creditor Days
its suppliers are paid after 48 days, this is slower than average (43 days)
48 days - Kew Soda Ltd
43 days - Industry AVG
Stock Days
it holds stock equivalent to 12 days, this is less than average (38 days)
12 days - Kew Soda Ltd
38 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 20 weeks, this is more cash available to meet short term requirements (10 weeks)
20 weeks - Kew Soda Ltd
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 60.3%, this is a higher level of debt than the average (54.5%)
60.3% - Kew Soda Ltd
54.5% - Industry AVG
KEW SODA LTD financials
Kew Soda Ltd's latest turnover from December 2023 is £1.2 billion and the company has net assets of £1 billion. According to their latest financial statements, Kew Soda Ltd has 1,578 employees and maintains cash reserves of £130.1 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 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 1,198,024,246 | 1,360,966,777 | 721,365,731 | 645,964,237 | 1,107,972,887 | 922,060,606 | 31,091,672 | 0 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 642,739,968 | 763,762,756 | 445,022,237 | 392,063,988 | 792,101,276 | 677,999,203 | 22,412,128 | 0 |
| Gross Profit | 555,284,278 | 597,204,021 | 276,343,495 | 253,900,249 | 315,871,611 | 244,061,404 | 8,679,544 | 0 |
| Admin Expenses | 69,229,647 | 12,426,917 | -62,709,630 | 29,546,949 | 51,100,479 | -45,322,966 | 15,894,553 | 60,536 |
| Operating Profit | 486,054,631 | 584,777,104 | 339,053,125 | 224,353,300 | 264,771,132 | 289,384,370 | -7,215,009 | -60,536 |
| Interest Payable | 306,957,723 | 141,394,921 | 184,974,529 | 271,016,759 | 134,606,858 | 73,301,435 | 156,745 | 0 |
| Interest Receivable | 175,987,876 | 36,685,337 | 19,619,956 | 33,294,042 | 28,449,760 | 27,499,202 | 17,131,095 | 0 |
| Pre-Tax Profit | 354,243,075 | 482,311,057 | 173,698,553 | -13,369,417 | 106,024,721 | -12,210,526 | 12,893,445 | -60,536 |
| Tax | 42,552,751 | 144,672,754 | 56,367,753 | 162,690,241 | 41,358,852 | 17,078,947 | 660,228 | 0 |
| Profit After Tax | 396,795,826 | 626,983,810 | 230,066,305 | 149,320,824 | 147,383,573 | 4,868,421 | 13,553,673 | -60,536 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 357,801,734 | 562,254,278 | 244,878,305 | 123,186,593 | 89,023,126 | -47,864,434 | 13,553,673 | -60,536 |
| Employee Costs | 47,954,423 | 29,538,863 | 95,861,567 | 86,778,927 | 85,193,780 | 71,792,663 | 1,112,255 | 23,806 |
| Number Of Employees | 1,578 | 1,373 | 1,784 | 1,703 | 1,719 | 1,669 | 499 | 2 |
| EBITDA* | 507,565,410 | 598,790,762 | 490,644,457 | 224,983,562 | 334,764,753 | 347,341,307 | 11,821,564 | -60,536 |
* 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 | 2,433,711,348 | 2,003,199,570 | 2,240,633,945 | 3,775,602,598 | 3,755,997,608 | 3,977,240,032 | 1,613,499,050 | 0 |
| Intangible Assets | 84,745,646 | 36,805,033 | 11,705,345 | 48,427,552 | 53,225,678 | 56,318,182 | 11,875 | 0 |
| Investments & Other | 810,872,400 | 780,234,021 | 927,662,327 | 1,749,989,575 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 1,218,241,387 | 882,431,519 | 693,308,805 | 811,064,870 | 383,321,371 | 374,762,360 | 23,624,920 | 0 |
| Total Fixed Assets | 2,518,456,993 | 2,040,004,603 | 1,958,674,698 | 3,473,281,212 | 3,809,223,285 | 4,033,558,213 | 1,613,510,924 | 0 |
| Stock & work in progress | 21,269,853 | 21,771,656 | 19,237,486 | 41,981,396 | 44,185,805 | 32,970,494 | 8,582,172 | 0 |
| Trade Debtors | 118,466,201 | 276,310,136 | 121,183,796 | 55,369,257 | 57,513,557 | 51,755,183 | 80,525,649 | 0 |
| Group Debtors | 149,577,994 | 196,242,614 | 27,132,691 | 121,347,125 | 122,186,602 | 75,092,503 | 0 | 0 |
| Misc Debtors | 23,292,411 | 8,170,797 | 6,915,177 | 0 | 4,344,497 | 21,621,212 | 0 | 0 |
| Cash | 130,148,085 | 236,887,132 | 11,719,899 | 17,523,855 | 85,917,862 | 174,130,781 | 749,683 | 0 |
| misc current assets | 34,360,470 | 58,303,537 | 61,972,993 | 228,221,474 | 70,407,496 | 69,523,126 | 185,421,153 | 5,638 |
| total current assets | 477,115,016 | 797,685,874 | 248,162,044 | 464,443,108 | 384,555,821 | 425,093,301 | 275,278,657 | 104,564 |
| total assets | 2,995,572,009 | 2,837,690,477 | 2,206,836,742 | 3,937,724,320 | 4,193,779,106 | 4,458,651,514 | 1,888,789,581 | 104,564 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 43,093,685 | 259,011,739 | 341,829,061 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 85,285,813 | 232,258,881 | 64,060,807 | 72,735,947 | 111,701,754 | 100,715,311 | 60,441,735 | 0 |
| Group/Directors Accounts | 1 | 1 | 1 | 0 | 1 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 1,407,058,776 | 259,596,491 | 194,173,046 | 138,510,924 | 0 |
| hp & lease commitments | 5,683,265 | 6,508,094 | 4,365,650 | 12,539,491 | 12,836,523 | 5,649,920 | 0 | 0 |
| other current liabilities | 194,124,910 | 155,327,244 | 75,520,333 | 159,554,163 | 138,647,524 | 179,070,173 | 12,030,555 | 3,322 |
| total current liabilities | 328,187,677 | 653,105,962 | 485,775,855 | 1,651,888,381 | 522,782,297 | 479,608,453 | 210,983,217 | 39,533 |
| loans | 2,503,962,248 | 2,115,028,772 | 2,262,661,922 | 1,203,658,085 | 3,431,001,593 | 3,784,203,347 | 115,378,404 | 0 |
| hp & lease commitments | 17,988,951 | 7,292,258 | 8,525,107 | 18,161,334 | 24,212,918 | 12,808,612 | 0 | 0 |
| Accruals and Deferred Income | 16,979,973 | 12,611,064 | 1,408,587 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 10,678,278 | 12,107,726 | 2,608,555 | 102,715,098 | 81,486,443 | 81,632,376 | 716,434 | 0 |
| provisions | 396,111,407 | 348,168,493 | 292,412,064 | 507,086,840 | 690,779,903 | 716,940,987 | 498,812,538 | 0 |
| total long term liabilities | 1,477,695,082 | 1,257,421,928 | 1,281,554,135 | 958,595,942 | 2,143,539,872 | 2,334,419,457 | 307,811,906 | 0 |
| total liabilities | 1,805,882,759 | 1,910,527,890 | 1,767,329,990 | 2,610,484,323 | 2,666,322,169 | 2,814,027,910 | 518,795,123 | 39,533 |
| net assets | 1,028,107,879 | 785,743,114 | 330,346,891 | 618,664,101 | 793,746,412 | 882,456,937 | 1,020,288,157 | 65,031 |
| total shareholders funds | 1,028,107,880 | 785,743,114 | 330,346,891 | 618,664,101 | 793,746,411 | 882,456,938 | 1,020,288,157 | 71,794 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | 486,054,631 | 584,777,104 | 339,053,125 | 224,353,300 | 264,771,132 | 289,384,370 | -7,215,009 | -60,536 |
| Depreciation | 19,816,619 | 13,937,697 | 151,591,332 | 0 | 69,589,314 | 57,909,091 | 1,950,602 | 0 |
| Amortisation | 1,694,160 | 75,961 | 0 | 630,262 | 404,306 | 47,846 | 17,085,972 | 0 |
| Tax | 42,552,751 | 144,672,754 | 56,367,753 | 162,690,241 | 41,358,852 | 17,078,947 | 660,228 | 0 |
| Stock | -501,803 | 2,534,170 | -22,743,910 | -2,204,409 | 11,215,311 | 24,388,322 | 8,582,172 | 0 |
| Debtors | 146,422,928 | 514,614,597 | -139,240,783 | 420,415,224 | 44,134,769 | 419,080,690 | 104,150,569 | 0 |
| Creditors | -146,973,068 | 168,198,074 | -8,675,140 | -38,965,807 | 10,986,443 | 40,273,576 | 60,441,735 | 0 |
| Accruals and Deferred Income | 43,166,575 | 91,009,388 | -82,625,243 | 20,906,639 | -40,422,649 | 167,039,618 | 12,027,233 | 3,322 |
| Deferred Taxes & Provisions | 47,942,914 | 55,756,429 | -214,674,776 | -183,693,063 | -26,161,084 | 218,128,449 | 498,812,538 | 0 |
| Cash flow from operations | 348,333,457 | 541,278,640 | 403,021,744 | -232,289,243 | 265,176,234 | 346,392,885 | 471,030,558 | -57,214 |
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 30,638,379 | -147,428,306 | -822,327,248 | 1,749,989,575 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | -215,918,054 | -82,817,322 | 341,829,061 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | -1,407,058,776 | 1,147,462,285 | 65,423,445 | 55,662,122 | 138,510,924 | 0 |
| Long term loans | 388,933,476 | -147,633,150 | 1,059,003,837 | -2,227,343,508 | -353,201,754 | 3,668,824,943 | 115,378,404 | 0 |
| Hire Purchase and Lease Commitments | 9,871,864 | 909,595 | -17,810,068 | -6,348,616 | 18,590,909 | 18,458,532 | 0 | 0 |
| other long term liabilities | -1,429,448 | 9,499,171 | -100,106,543 | 21,228,655 | -145,933 | 80,915,942 | 716,434 | 0 |
| share issue | ||||||||
| interest | -130,969,847 | -104,709,584 | -165,354,573 | -237,722,717 | -106,157,098 | -45,802,233 | 16,974,350 | 0 |
| cash flow from financing | -64,948,977 | -431,609,345 | -822,692,577 | -1,600,992,805 | -553,224,083 | 3,688,092,521 | 1,278,242,802 | 132,330 |
| cash and cash equivalents | ||||||||
| cash | -106,739,047 | 225,167,233 | -5,803,956 | -68,394,007 | -88,212,919 | 173,381,098 | 749,683 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -106,739,047 | 225,167,233 | -5,803,956 | -68,394,007 | -88,212,919 | 173,381,098 | 749,683 | 0 |
kew soda ltd Credit Report and Business Information
Kew Soda Ltd Competitor Analysis
Perform a competitor analysis for kew soda ltd by selecting its closest rivals, whether from the MINING AND QUARRYING sector, other mega companies, companies in EC4R area or any other competitors across 12 key performance metrics.
kew soda ltd Ownership
KEW SODA LTD group structure
Kew Soda Ltd has 1 subsidiary company.
Ultimate parent company
AKKAN ENERJI VE MADENCILIK AS
#0111988
1 parent
KEW SODA LTD
10260126
1 subsidiary
kew soda ltd directors
Kew Soda Ltd currently has 9 directors. The longest serving directors include Mr Mehmet Erdogan (Jul 2016) and Mrs Ikbal Ciner (Nov 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mehmet Erdogan | United Kingdom | 54 years | Jul 2016 | - | Director |
| Mrs Ikbal Ciner | United Kingdom | 44 years | Nov 2018 | - | Director |
| Mr Alasdair Warren | United Kingdom | 58 years | May 2022 | - | Director |
| Mr Alasdair Warren | United Kingdom | 58 years | May 2022 | - | Director |
| Mr Ahmet Tohma | United Kingdom | 44 years | May 2022 | - | Director |
| Mr Gursel Usta | United Kingdom | 63 years | May 2022 | - | Director |
| Sir Peter Westmacott | United Kingdom | 73 years | Feb 2023 | - | Director |
| Mr Sait Ozen | United Kingdom | 64 years | Feb 2023 | - | Director |
| Mr Nicholas Hall | United Kingdom | 50 years | Apr 2023 | - | Director |
P&L
December 2023turnover
1.2b
-12%
operating profit
486.1m
-17%
gross margin
46.4%
+5.63%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
1b
+0.31%
total assets
3b
+0.06%
cash
130.1m
-0.45%
net assets
Total assets minus all liabilities
kew soda ltd company details
company number
10260126
Type
Private limited with Share Capital
industry
09900 - Support activities for other mining and quarrying
08910 - Mining of chemical and fertiliser minerals
08990 - Other mining and quarrying n.e.c.
incorporation date
July 2016
age
8
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
PRICEWATERHOUSECOOPERS LLP
address
23 college hill, london, EC4R 2RP
Bank
-
Legal Advisor
-
kew soda 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 found 4 charges/mortgages relating to kew soda ltd. Currently there are 1 open charges and 3 have been satisfied in the past.
kew soda ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
