kurt hand bags limited
kurt hand bags limited Company Information
Group Structure
View All
Industry
Retail sale of leather goods in specialised stores
Registered Address
13 13 corporation road, middlesbrough, TS1 1LJ
Website
-kurt hand bags limited Estimated Valuation
Pomanda estimates the enterprise value of KURT HAND BAGS LIMITED at £60.5k based on a Turnover of £115.5k and 0.52x industry multiple (adjusted for size and gross margin).
kurt hand bags limited Estimated Valuation
Pomanda estimates the enterprise value of KURT HAND BAGS LIMITED at £14.2k based on an EBITDA of £3.6k and a 3.93x industry multiple (adjusted for size and gross margin).
kurt hand bags limited Estimated Valuation
Pomanda estimates the enterprise value of KURT HAND BAGS LIMITED at £7.1k based on Net Assets of £2.4k and 2.95x industry multiple (adjusted for liquidity).
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Kurt Hand Bags Limited Overview
Kurt Hand Bags Limited is a live company located in middlesbrough, TS1 1LJ with a Companies House number of 10820177. It operates in the retail sale of leather goods in specialised stores sector, SIC Code 47722. Founded in June 2017, it's largest shareholder is burak kurt with a 100% stake. Kurt Hand Bags Limited is a young, micro sized company, Pomanda has estimated its turnover at £115.5k with rapid growth in recent years.
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Kurt Hand Bags Limited Health Check
Pomanda's financial health check has awarded Kurt Hand Bags Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £115.5k, make it smaller than the average company (£12.1m)
- Kurt Hand Bags Limited
£12.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 359%, show it is growing at a faster rate (-3.6%)
- Kurt Hand Bags Limited
-3.6% - Industry AVG
Production
with a gross margin of 49.9%, this company has a comparable cost of product (57%)
- Kurt Hand Bags Limited
57% - Industry AVG
Profitability
an operating margin of 3.1% make it more profitable than the average company (2.3%)
- Kurt Hand Bags Limited
2.3% - Industry AVG
Employees
with 1 employees, this is below the industry average (25)
1 - Kurt Hand Bags Limited
25 - Industry AVG
Pay Structure
on an average salary of £40.7k, the company has an equivalent pay structure (£40.7k)
- Kurt Hand Bags Limited
£40.7k - Industry AVG
Efficiency
resulting in sales per employee of £115.5k, this is less efficient (£280.6k)
- Kurt Hand Bags Limited
£280.6k - Industry AVG
Debtor Days
it gets paid by customers after 73 days, this is later than average (14 days)
- Kurt Hand Bags Limited
14 days - Industry AVG
Creditor Days
its suppliers are paid after 13 days, this is quicker than average (38 days)
- Kurt Hand Bags Limited
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Kurt Hand Bags Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Kurt Hand Bags Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 89.7%, this is a higher level of debt than the average (56.8%)
89.7% - Kurt Hand Bags Limited
56.8% - Industry AVG
KURT HAND BAGS LIMITED financials
Kurt Hand Bags Limited's latest turnover from June 2023 is estimated at £115.5 thousand and the company has net assets of £2.4 thousand. According to their latest financial statements, Kurt Hand Bags Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | |
|---|---|---|---|---|---|---|
| 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 | 1 | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | ||||||
| Intangible Assets | ||||||
| Investments & Other | ||||||
| Debtors (Due After 1 year) | ||||||
| Total Fixed Assets | ||||||
| Stock & work in progress | ||||||
| Trade Debtors | 23,331 | 12,150 | 100 | 100 | 100 | 100 |
| Group Debtors | ||||||
| Misc Debtors | ||||||
| Cash | ||||||
| misc current assets | ||||||
| total current assets | 23,331 | 12,150 | 100 | 100 | 100 | 100 |
| total assets | 23,331 | 12,150 | 100 | 100 | 100 | 100 |
| Bank overdraft | ||||||
| Bank loan | ||||||
| Trade Creditors | 2,187 | 12,440 | ||||
| Group/Directors Accounts | ||||||
| other short term finances | ||||||
| hp & lease commitments | ||||||
| other current liabilities | ||||||
| total current liabilities | 2,187 | 12,440 | ||||
| loans | ||||||
| hp & lease commitments | ||||||
| Accruals and Deferred Income | ||||||
| other liabilities | 18,734 | |||||
| provisions | ||||||
| total long term liabilities | 18,734 | |||||
| total liabilities | 20,921 | 12,440 | ||||
| net assets | 2,410 | -290 | 100 | 100 | 100 | 100 |
| total shareholders funds | 2,410 | -290 | 100 | 100 | 100 | 100 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | ||||||
| Amortisation | ||||||
| Tax | ||||||
| Stock | ||||||
| Debtors | 11,181 | 12,050 | 100 | |||
| Creditors | -10,253 | 12,440 | ||||
| Accruals and Deferred Income | ||||||
| Deferred Taxes & Provisions | ||||||
| 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 | ||||||
| Hire Purchase and Lease Commitments | ||||||
| other long term liabilities | 18,734 | |||||
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | ||||||
| overdraft | ||||||
| change in cash |
kurt hand bags limited Credit Report and Business Information
Kurt Hand Bags Limited Competitor Analysis
Perform a competitor analysis for kurt hand bags limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in TS1 area or any other competitors across 12 key performance metrics.
kurt hand bags limited Ownership
KURT HAND BAGS LIMITED group structure
Kurt Hand Bags Limited has no subsidiary companies.
Ultimate parent company
KURT HAND BAGS LIMITED
10820177
kurt hand bags limited directors
Kurt Hand Bags Limited currently has 1 director, Mr Burak Kurt serving since Jun 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Burak Kurt | England | 40 years | Jun 2017 | - | Director |
P&L
June 2023turnover
115.5k
+69%
operating profit
3.6k
0%
gross margin
49.9%
+15.94%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
2.4k
-9.31%
total assets
23.3k
+0.92%
cash
0
0%
net assets
Total assets minus all liabilities
kurt hand bags limited company details
company number
10820177
Type
Private limited with Share Capital
industry
47722 - Retail sale of leather goods in specialised stores
incorporation date
June 2017
age
8
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
June 2023
previous names
N/A
accountant
-
auditor
-
address
13 13 corporation road, middlesbrough, TS1 1LJ
Bank
-
Legal Advisor
-
kurt hand bags 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 kurt hand bags limited.
kurt hand bags 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.
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kurt hand bags limited Companies House Filings - See Documents
| date | description | view/download |
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