k & r estates developments ltd
k & r estates developments ltd Company Information
Company Number
10859809
Next Accounts
Apr 2025
Shareholders
rakesh vithaldas raithatha
kinnari rakesh raithatha
Group Structure
View All
Industry
Development of building projects
Registered Address
309 hoe street, walthamstow, london, E17 9BG
Website
-k & r estates developments ltd Estimated Valuation
Pomanda estimates the enterprise value of K & R ESTATES DEVELOPMENTS LTD at £130.8k based on a Turnover of £273.9k and 0.48x industry multiple (adjusted for size and gross margin).
k & r estates developments ltd Estimated Valuation
Pomanda estimates the enterprise value of K & R ESTATES DEVELOPMENTS LTD at £324.7k based on an EBITDA of £86k and a 3.77x industry multiple (adjusted for size and gross margin).
k & r estates developments ltd Estimated Valuation
Pomanda estimates the enterprise value of K & R ESTATES DEVELOPMENTS LTD at £69.9k based on Net Assets of £49.5k and 1.41x industry multiple (adjusted for liquidity).
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K & R Estates Developments Ltd Overview
K & R Estates Developments Ltd is a live company located in london, E17 9BG with a Companies House number of 10859809. It operates in the development of building projects sector, SIC Code 41100. Founded in July 2017, it's largest shareholder is rakesh vithaldas raithatha with a 50% stake. K & R Estates Developments Ltd is a young, micro sized company, Pomanda has estimated its turnover at £273.9k with low growth in recent years.
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K & R Estates Developments Ltd Health Check
Pomanda's financial health check has awarded K & R Estates Developments Ltd a 2 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
1 Strong
3 Regular
5 Weak
Size
annual sales of £273.9k, make it smaller than the average company (£2.2m)
- K & R Estates Developments Ltd
£2.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (3.3%)
- K & R Estates Developments Ltd
3.3% - Industry AVG
Production
with a gross margin of 26.6%, this company has a comparable cost of product (26.6%)
- K & R Estates Developments Ltd
26.6% - Industry AVG
Profitability
an operating margin of 31.4% make it more profitable than the average company (7.4%)
- K & R Estates Developments Ltd
7.4% - Industry AVG
Employees
with 1 employees, this is below the industry average (6)
1 - K & R Estates Developments Ltd
6 - Industry AVG
Pay Structure
on an average salary of £47.3k, the company has an equivalent pay structure (£47.3k)
- K & R Estates Developments Ltd
£47.3k - Industry AVG
Efficiency
resulting in sales per employee of £273.9k, this is equally as efficient (£273.9k)
- K & R Estates Developments Ltd
£273.9k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- K & R Estates Developments Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- K & R Estates Developments Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- K & R Estates Developments Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (13 weeks)
0 weeks - K & R Estates Developments Ltd
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 97.6%, this is a higher level of debt than the average (72.9%)
97.6% - K & R Estates Developments Ltd
72.9% - Industry AVG
K & R ESTATES DEVELOPMENTS LTD financials
K & R Estates Developments Ltd's latest turnover from July 2023 is estimated at £273.9 thousand and the company has net assets of £49.5 thousand. According to their latest financial statements, K & R Estates Developments Ltd has 1 employee and maintains cash reserves of £3.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 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 | 1 | 1 | 1 | 1 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 1,575,000 | 1,575,000 | ||||
| Intangible Assets | ||||||
| Investments & Other | 1,610,210 | 1,800,210 | 1,700,210 | 210 | 210 | |
| Debtors (Due After 1 year) | ||||||
| Total Fixed Assets | 1,610,210 | 1,800,210 | 1,700,210 | 1,575,210 | 1,575,210 | |
| Stock & work in progress | ||||||
| Trade Debtors | ||||||
| Group Debtors | 429,100 | 429,100 | 429,100 | 420,000 | 420,000 | |
| Misc Debtors | ||||||
| Cash | 3,523 | 15,169 | 26,400 | 31,772 | 13,455 | 200 |
| misc current assets | 2,513 | |||||
| total current assets | 435,136 | 444,269 | 455,500 | 451,772 | 433,455 | 200 |
| total assets | 2,045,346 | 2,244,479 | 2,155,710 | 2,026,982 | 2,008,665 | 200 |
| Bank overdraft | ||||||
| Bank loan | ||||||
| Trade Creditors | ||||||
| Group/Directors Accounts | ||||||
| other short term finances | ||||||
| hp & lease commitments | ||||||
| other current liabilities | 1,071,270 | 1,065,691 | 1,087,992 | 1,085,822 | 1,079,737 | |
| total current liabilities | 1,071,270 | 1,065,691 | 1,087,992 | 1,085,822 | 1,079,737 | |
| loans | 920,000 | 920,000 | 920,000 | 920,000 | 920,000 | |
| hp & lease commitments | ||||||
| Accruals and Deferred Income | ||||||
| other liabilities | ||||||
| provisions | 4,579 | 40,679 | 21,673 | |||
| total long term liabilities | 924,579 | 960,679 | 941,673 | 920,000 | 920,000 | |
| total liabilities | 1,995,849 | 2,026,370 | 2,029,665 | 2,005,822 | 1,999,737 | |
| net assets | 49,497 | 218,109 | 126,045 | 21,160 | 8,928 | 200 |
| total shareholders funds | 49,497 | 218,109 | 126,045 | 21,160 | 8,928 | 200 |
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | ||||||
| Amortisation | ||||||
| Tax | ||||||
| Stock | ||||||
| Debtors | 9,100 | 420,000 | ||||
| Creditors | ||||||
| Accruals and Deferred Income | 5,579 | -22,301 | 2,170 | 6,085 | 1,079,737 | |
| Deferred Taxes & Provisions | -36,100 | 19,006 | 21,673 | |||
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | -190,000 | 100,000 | 1,700,000 | 210 | ||
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | ||||||
| Group/Directors Accounts | ||||||
| Other Short Term Loans | ||||||
| Long term loans | 920,000 | |||||
| Hire Purchase and Lease Commitments | ||||||
| other long term liabilities | ||||||
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | -11,646 | -11,231 | -5,372 | 18,317 | 13,255 | 200 |
| overdraft | ||||||
| change in cash | -11,646 | -11,231 | -5,372 | 18,317 | 13,255 | 200 |
k & r estates developments ltd Credit Report and Business Information
K & R Estates Developments Ltd Competitor Analysis
Perform a competitor analysis for k & r estates developments ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in E17 area or any other competitors across 12 key performance metrics.
k & r estates developments ltd Ownership
K & R ESTATES DEVELOPMENTS LTD group structure
K & R Estates Developments Ltd has 2 subsidiary companies.
Ultimate parent company
K & R ESTATES DEVELOPMENTS LTD
10859809
2 subsidiaries
k & r estates developments ltd directors
K & R Estates Developments Ltd currently has 2 directors. The longest serving directors include Mr Rakesh Raithatha (Jul 2017) and Mrs Kinnari Raithatha (Aug 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Rakesh Raithatha | England | 53 years | Jul 2017 | - | Director |
| Mrs Kinnari Raithatha | England | 44 years | Aug 2018 | - | Director |
P&L
July 2023turnover
273.9k
+1%
operating profit
86k
0%
gross margin
26.7%
+5.71%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
49.5k
-0.77%
total assets
2m
-0.09%
cash
3.5k
-0.77%
net assets
Total assets minus all liabilities
Similar Companies
k & r estates developments ltd company details
company number
10859809
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
July 2017
age
8
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
July 2023
previous names
N/A
accountant
TEMPLETONS (UK) LIMITED
auditor
-
address
309 hoe street, walthamstow, london, E17 9BG
Bank
-
Legal Advisor
-
k & r estates developments 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 did not find charges/mortgages relating to k & r estates developments ltd.
k & r estates developments ltd 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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k & r estates developments ltd Companies House Filings - See Documents
| date | description | view/download |
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