Other engineering activities (not including engineering design for industrial process and production or engineering related scientific and technical consulting activities)
Pomanda estimates the enterprise value of NORTH KENT ENGINEERING LIMITED at £51.6k based on a Turnover of £144.9k and 0.36x industry multiple (adjusted for size and gross margin).
north kent engineering limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of NORTH KENT ENGINEERING LIMITED at £0 based on an EBITDA of £-3.7k and a 2.81x industry multiple (adjusted for size and gross margin).
north kent engineering limitedEstimated Valuation
£142.5k
Pomanda estimates the enterprise value of NORTH KENT ENGINEERING LIMITED at £142.5k based on Net Assets of £69.8k and 2.04x industry multiple (adjusted for liquidity).
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North Kent Engineering LimitedOverview
North Kent Engineering Limited is a live company located in worthing, BN11 4HN with a Companies House number of 10823456. It operates in the other engineering activities sector, SIC Code 71129. Founded in June 2017, it's largest shareholder is
habib choudhry
with a 100% stake. North Kent Engineering Limited is a young,
micro sized company, Pomanda has estimated its turnover at
£144.9k with
rapid
growth in recent years.
Pomanda's financial health check has awarded North Kent Engineering Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating1.5out of 5
1 Strong
2 Regular
5 Weak
Size
annual sales of £144.9k, make it smaller than the average company (£3.7m)
£144.9k - North Kent Engineering Limited
£3.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 122%, show it is growing at a faster rate (10.8%)
122% - North Kent Engineering Limited
10.8% - Industry AVG
Production
with a gross margin of 19.8%, this company has a higher cost of product (34.5%)
19.8% - North Kent Engineering Limited
34.5% - Industry AVG
Profitability
an operating margin of -2.6% make it less profitable than the average company (6.3%)
-2.6% - North Kent Engineering Limited
6.3% - Industry AVG
Employees
with 1 employees, this is below the industry average (26)
1 - North Kent Engineering Limited
26 - Industry AVG
Pay Structure
on an average salary of £55.2k, the company has an equivalent pay structure (£55.2k)
£55.2k - North Kent Engineering Limited
£55.2k - Industry AVG
Efficiency
resulting in sales per employee of £144.9k, this is equally as efficient (£130.7k)
£144.9k - North Kent Engineering Limited
£130.7k - Industry AVG
Debtor Days
it gets paid by customers after 132 days, this is later than average (68 days)
132 days - North Kent Engineering Limited
68 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - North Kent Engineering Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - North Kent Engineering Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - North Kent Engineering Limited
- - Industry AVG
Debt Level
There is insufficient data available for this Key Performance Indicator!
- - North Kent Engineering Limited
- - Industry AVG
NORTH KENT ENGINEERING LIMITED financials
EXPORT
North Kent Engineering Limited's latest turnover from June 2024 is estimated at £144.9 thousand and the company has net assets of £69.8 thousand. According to their latest financial statements, North Kent Engineering Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jun 2024
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Jun 2018
Turnover
144,886
148,065
85,833
13,235
5,358
Other Income Or Grants
Cost Of Sales
116,179
119,358
70,872
11,020
4,467
Gross Profit
28,706
28,706
14,961
2,215
891
Admin Expenses
32,451
-3,523
-49,643
1,750
2,658
843
782
Operating Profit
-3,745
32,229
64,604
465
-1,767
-843
-782
Interest Payable
Interest Receivable
1
9
2
Pre-Tax Profit
-3,745
32,229
64,604
465
-1,766
-834
-780
Tax
-8,057
-12,275
-88
Profit After Tax
-3,745
24,172
52,329
377
-1,766
-834
-780
Dividends Paid
Retained Profit
-3,745
24,172
52,329
377
-1,766
-834
-780
Employee Costs
55,218
54,049
50,782
46,830
45,507
Number Of Employees
1
1
1
1
1
EBITDA*
-3,745
32,229
64,604
465
-1,767
-843
-782
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jun 2024
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Jun 2018
Tangible Assets
16,999
16,999
16,999
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
16,999
16,999
16,999
Stock & work in progress
Trade Debtors
52,754
56,499
36,764
3,134
205
Group Debtors
Misc Debtors
Cash
1,692
678
misc current assets
total current assets
52,754
56,499
36,764
3,134
205
1,692
678
total assets
69,753
73,498
53,763
3,134
205
1,692
678
Bank overdraft
Bank loan
Trade Creditors
4,437
3,302
3,195
Group/Directors Accounts
2,016
558
other short term finances
hp & lease commitments
other current liabilities
2,835
390
1,290
900
total current liabilities
4,437
6,137
3,585
3,306
1,458
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
4,437
6,137
3,585
3,306
1,458
net assets
69,753
73,498
49,326
-3,003
-3,380
-1,614
-780
total shareholders funds
69,753
73,498
49,326
-3,003
-3,380
-1,614
-780
Jun 2024
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Jun 2018
Operating Activities
Operating Profit
-3,745
32,229
64,604
465
-1,767
-843
-782
Depreciation
Amortisation
Tax
-8,057
-12,275
-88
Stock
Debtors
-3,745
19,735
33,630
2,929
205
Creditors
-4,437
1,135
107
3,195
Accruals and Deferred Income
-2,835
2,445
-900
390
900
Deferred Taxes & Provisions
Cash flow from operations
16,999
323
-453
118
Investing Activities
capital expenditure
-16,999
Change in Investments
cash flow from investments
-16,999
Financing Activities
Bank loans
Group/Directors Accounts
-2,016
1,458
558
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
interest
1
9
2
cash flow from financing
-2,015
1,467
560
cash and cash equivalents
cash
-1,692
1,014
678
overdraft
change in cash
-1,692
1,014
678
north kent engineering 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 north kent engineering limited. Get real-time insights into north kent engineering limited's credit score, group structure and payment trends.
North Kent Engineering Limited Competitor Analysis
Perform a competitor analysis for north kent engineering limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in BN11 area or any other competitors across 12 key performance metrics.
north kent engineering limited Ownership
NORTH KENT ENGINEERING LIMITED group structure
North Kent Engineering Limited has no subsidiary companies.
Ultimate parent company
NORTH KENT ENGINEERING LIMITED
10823456
NORTH KENT ENGINEERING LIMITED Shareholders
The sole shareholder of North Kent Engineering Limited is Habib Choudhry.
habib choudhry
100%
north kent engineering limited directors
North Kent Engineering Limited currently has 1 director, Mr Habib Choudhry serving since Aug 2021.
71129 - Other engineering activities (not including engineering design for industrial process and production or engineering related scientific and technical consulting activities)
incorporation date
June 2017
age
8
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
June 2024
previous names
N/A
accountant
R&R ACCOUNTING SERVICES LTD
auditor
-
address
209 tarring road, worthing, BN11 4HN
Bank
-
Legal Advisor
-
north kent engineering 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 north kent engineering limited.
north kent engineering 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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north kent engineering limitedCompanies House Filings - See Documents
