kencar limited
kencar limited Company Information
Group Structure
View All
Industry
Other manufacturing n.e.c.
Registered Address
kencar ltd middlemore lane, aldridge, walsall, WS9 8SP
Website
www.kencar.co.ukkencar limited Estimated Valuation
Pomanda estimates the enterprise value of KENCAR LIMITED at £4.2m based on a Turnover of £5.7m and 0.74x industry multiple (adjusted for size and gross margin).
kencar limited Estimated Valuation
Pomanda estimates the enterprise value of KENCAR LIMITED at £1m based on an EBITDA of £206.5k and a 4.92x industry multiple (adjusted for size and gross margin).
kencar limited Estimated Valuation
Pomanda estimates the enterprise value of KENCAR LIMITED at £1.5m based on Net Assets of £678.4k and 2.14x industry multiple (adjusted for liquidity).
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Kencar Limited Overview
Kencar Limited is a live company located in walsall, WS9 8SP with a Companies House number of 10319883. It operates in the other manufacturing n.e.c. sector, SIC Code 32990. Founded in August 2016, it's largest shareholder is thomas kenney with a 100% stake. Kencar Limited is a young, mid sized company, Pomanda has estimated its turnover at £5.7m with rapid growth in recent years.
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Kencar Limited Health Check
Pomanda's financial health check has awarded Kencar Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
6 Weak
Size
annual sales of £5.7m, make it smaller than the average company (£12.9m)
- Kencar Limited
£12.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 36%, show it is growing at a faster rate (4.7%)
- Kencar Limited
4.7% - Industry AVG
Production
with a gross margin of 29.7%, this company has a comparable cost of product (29.7%)
- Kencar Limited
29.7% - Industry AVG
Profitability
an operating margin of 0.7% make it less profitable than the average company (6.3%)
- Kencar Limited
6.3% - Industry AVG
Employees
with 39 employees, this is below the industry average (69)
39 - Kencar Limited
69 - Industry AVG
Pay Structure
on an average salary of £40.7k, the company has an equivalent pay structure (£40.7k)
- Kencar Limited
£40.7k - Industry AVG
Efficiency
resulting in sales per employee of £145.5k, this is less efficient (£176k)
- Kencar Limited
£176k - Industry AVG
Debtor Days
it gets paid by customers after 64 days, this is near the average (56 days)
- Kencar Limited
56 days - Industry AVG
Creditor Days
its suppliers are paid after 111 days, this is slower than average (44 days)
- Kencar Limited
44 days - Industry AVG
Stock Days
it holds stock equivalent to 27 days, this is less than average (70 days)
- Kencar Limited
70 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 9 weeks, this is less cash available to meet short term requirements (13 weeks)
9 weeks - Kencar Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 78.1%, this is a higher level of debt than the average (49.6%)
78.1% - Kencar Limited
49.6% - Industry AVG
KENCAR LIMITED financials
Kencar Limited's latest turnover from August 2023 is estimated at £5.7 million and the company has net assets of £678.4 thousand. According to their latest financial statements, Kencar Limited has 39 employees and maintains cash reserves of £322.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 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 | 39 | 34 | 26 | 21 | 18 | 8 | 6 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,181,347 | 919,173 | 941,660 | 412,558 | 215,572 | 124,160 | 29,347 |
| Intangible Assets | |||||||
| Investments & Other | |||||||
| Debtors (Due After 1 year) | |||||||
| Total Fixed Assets | 1,181,347 | 919,173 | 941,660 | 412,558 | 215,572 | 124,160 | 29,347 |
| Stock & work in progress | 295,719 | 285,236 | 556,158 | 139,615 | 195,274 | 98,530 | 61,729 |
| Trade Debtors | 997,002 | 1,108,257 | 627,324 | 400,072 | 261,393 | 316,701 | 122,791 |
| Group Debtors | |||||||
| Misc Debtors | 301,393 | 220,798 | 86,770 | 108,731 | 72,673 | 12,000 | |
| Cash | 322,681 | 156,613 | 154,708 | 150,243 | 290 | 31,658 | 5,059 |
| misc current assets | |||||||
| total current assets | 1,916,795 | 1,770,904 | 1,424,960 | 798,661 | 529,630 | 458,889 | 189,579 |
| total assets | 3,098,142 | 2,690,077 | 2,366,620 | 1,211,219 | 745,202 | 583,049 | 218,926 |
| Bank overdraft | 10,057 | 9,808 | 9,566 | 3,333 | 5,635 | ||
| Bank loan | |||||||
| Trade Creditors | 1,220,333 | 880,565 | 989,426 | 312,239 | 317,270 | 171,262 | 47,388 |
| Group/Directors Accounts | |||||||
| other short term finances | |||||||
| hp & lease commitments | 164,620 | 91,316 | 37,622 | 35,780 | |||
| other current liabilities | 559,420 | 533,382 | 140,734 | 247,716 | 206,243 | 196,887 | 115,585 |
| total current liabilities | 1,789,810 | 1,423,755 | 1,304,346 | 654,604 | 566,770 | 403,929 | 162,973 |
| loans | 18,214 | 28,271 | 38,079 | 46,667 | |||
| hp & lease commitments | 410,377 | 78,656 | 53,540 | 77,991 | |||
| Accruals and Deferred Income | |||||||
| other liabilities | 368,542 | 375,675 | |||||
| provisions | 243,195 | 218,981 | 85,931 | 57,222 | 8,400 | 13,690 | 5,050 |
| total long term liabilities | 629,951 | 622,927 | 534,387 | 182,545 | 61,940 | 91,681 | 5,050 |
| total liabilities | 2,419,761 | 2,046,682 | 1,838,733 | 837,149 | 628,710 | 495,610 | 168,023 |
| net assets | 678,381 | 643,395 | 527,887 | 374,070 | 116,492 | 87,439 | 50,903 |
| total shareholders funds | 678,381 | 643,395 | 527,887 | 374,070 | 116,492 | 87,439 | 50,903 |
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 168,677 | 137,754 | 96,388 | 33,001 | 22,797 | 12,033 | 6,259 |
| Amortisation | |||||||
| Tax | |||||||
| Stock | 10,483 | -270,922 | 416,543 | -55,659 | 96,744 | 36,801 | 61,729 |
| Debtors | -30,660 | 614,961 | 205,291 | 174,737 | 5,365 | 205,910 | 122,791 |
| Creditors | 339,768 | -108,861 | 677,187 | -5,031 | 146,008 | 123,874 | 47,388 |
| Accruals and Deferred Income | 26,038 | 392,648 | -106,982 | 41,473 | 9,356 | 81,302 | 115,585 |
| Deferred Taxes & Provisions | 24,214 | 133,050 | 28,709 | 48,822 | -5,290 | 8,640 | 5,050 |
| 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 | -10,057 | -9,808 | -8,588 | 46,667 | |||
| Hire Purchase and Lease Commitments | -574,997 | 405,025 | 78,810 | -22,609 | 113,771 | ||
| other long term liabilities | -7,133 | 375,675 | |||||
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | 166,068 | 1,905 | 4,465 | 149,953 | -31,368 | 26,599 | 5,059 |
| overdraft | 249 | 242 | 6,233 | -2,302 | 5,635 | ||
| change in cash | 165,819 | 1,663 | -1,768 | 152,255 | -37,003 | 26,599 | 5,059 |
kencar limited Credit Report and Business Information
Kencar Limited Competitor Analysis
Perform a competitor analysis for kencar limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in WS9 area or any other competitors across 12 key performance metrics.
kencar limited Ownership
KENCAR LIMITED group structure
Kencar Limited has no subsidiary companies.
Ultimate parent company
KENCAR LIMITED
10319883
kencar limited directors
Kencar Limited currently has 1 director, Mr Thomas Kenney serving since Aug 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Thomas Kenney | United Kingdom | 34 years | Aug 2016 | - | Director |
P&L
August 2023turnover
5.7m
+10%
operating profit
37.8k
0%
gross margin
29.7%
-1.7%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
678.4k
+0.05%
total assets
3.1m
+0.15%
cash
322.7k
+1.06%
net assets
Total assets minus all liabilities
kencar limited company details
company number
10319883
Type
Private limited with Share Capital
industry
32990 - Other manufacturing n.e.c.
incorporation date
August 2016
age
9
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
August 2023
previous names
N/A
accountant
-
auditor
-
address
kencar ltd middlemore lane, aldridge, walsall, WS9 8SP
Bank
-
Legal Advisor
-
kencar 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 found 2 charges/mortgages relating to kencar limited. Currently there are 0 open charges and 2 have been satisfied in the past.
kencar 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 KENCAR LIMITED. This can take several minutes, an email will notify you when this has completed.
kencar limited Companies House Filings - See Documents
| date | description | view/download |
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