kernow financial ltd
kernow financial ltd Company Information
Group Structure
View All
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Registered Address
new derwent house, 69-73 theobalds road, london, WC1X 8TA
kernow financial ltd Estimated Valuation
Pomanda estimates the enterprise value of KERNOW FINANCIAL LTD at £108.7k based on a Turnover of £101.6k and 1.07x industry multiple (adjusted for size and gross margin).
kernow financial ltd Estimated Valuation
Pomanda estimates the enterprise value of KERNOW FINANCIAL LTD at £0 based on an EBITDA of £-10.9k and a 4.47x industry multiple (adjusted for size and gross margin).
kernow financial ltd Estimated Valuation
Pomanda estimates the enterprise value of KERNOW FINANCIAL LTD at £53.3k based on Net Assets of £40.8k and 1.31x industry multiple (adjusted for liquidity).
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Kernow Financial Ltd Overview
Kernow Financial Ltd is a live company located in london, WC1X 8TA with a Companies House number of 10870489. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in July 2017, it's largest shareholder is james floyd with a 100% stake. Kernow Financial Ltd is a young, micro sized company, Pomanda has estimated its turnover at £101.6k with declining growth in recent years.
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Kernow Financial Ltd Health Check
Pomanda's financial health check has awarded Kernow Financial Ltd a 3 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 £101.6k, make it smaller than the average company (£18.1m)
- Kernow Financial Ltd
£18.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -12%, show it is growing at a slower rate (7.2%)
- Kernow Financial Ltd
7.2% - Industry AVG
Production
with a gross margin of 35.2%, this company has a comparable cost of product (35.2%)
- Kernow Financial Ltd
35.2% - Industry AVG
Profitability
an operating margin of -11.2% make it less profitable than the average company (5%)
- Kernow Financial Ltd
5% - Industry AVG
Employees
with 1 employees, this is below the industry average (103)
1 - Kernow Financial Ltd
103 - Industry AVG
Pay Structure
on an average salary of £41.6k, the company has an equivalent pay structure (£41.6k)
- Kernow Financial Ltd
£41.6k - Industry AVG
Efficiency
resulting in sales per employee of £101.6k, this is less efficient (£179.7k)
- Kernow Financial Ltd
£179.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Kernow Financial Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 1 days, this is quicker than average (46 days)
- Kernow Financial Ltd
46 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Kernow Financial Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 315 weeks, this is more cash available to meet short term requirements (15 weeks)
315 weeks - Kernow Financial Ltd
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 14.2%, this is a lower level of debt than the average (68.8%)
14.2% - Kernow Financial Ltd
68.8% - Industry AVG
KERNOW FINANCIAL LTD financials
Kernow Financial Ltd's latest turnover from March 2023 is estimated at £101.6 thousand and the company has net assets of £40.8 thousand. According to their latest financial statements, Kernow Financial Ltd has 1 employee and maintains cash reserves of £40.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 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 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 1,758 | |||||
| Intangible Assets | ||||||
| Investments & Other | ||||||
| Debtors (Due After 1 year) | ||||||
| Total Fixed Assets | 1,758 | |||||
| Stock & work in progress | ||||||
| Trade Debtors | ||||||
| Group Debtors | ||||||
| Misc Debtors | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 10 |
| Cash | 40,792 | 67,817 | 64,924 | 16,280 | 54,176 | |
| misc current assets | ||||||
| total current assets | 45,792 | 72,817 | 69,924 | 21,280 | 59,176 | 10 |
| total assets | 47,550 | 72,817 | 69,924 | 21,280 | 59,176 | 10 |
| Bank overdraft | 12 | |||||
| Bank loan | ||||||
| Trade Creditors | 301 | 289 | 240 | |||
| Group/Directors Accounts | ||||||
| other short term finances | ||||||
| hp & lease commitments | ||||||
| other current liabilities | 6,414 | 22,628 | 38,920 | 20,281 | 58,894 | |
| total current liabilities | 6,727 | 22,917 | 39,160 | 20,281 | 58,894 | |
| loans | ||||||
| hp & lease commitments | ||||||
| Accruals and Deferred Income | ||||||
| other liabilities | ||||||
| provisions | ||||||
| total long term liabilities | ||||||
| total liabilities | 6,727 | 22,917 | 39,160 | 20,281 | 58,894 | |
| net assets | 40,823 | 49,900 | 30,764 | 999 | 282 | 10 |
| total shareholders funds | 40,823 | 49,900 | 30,764 | 999 | 282 | 10 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 439 | |||||
| Amortisation | ||||||
| Tax | ||||||
| Stock | ||||||
| Debtors | 4,990 | 10 | ||||
| Creditors | 12 | 49 | 240 | |||
| Accruals and Deferred Income | -16,214 | -16,292 | 18,639 | -38,613 | 58,894 | |
| 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 | ||||||
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | -27,025 | 2,893 | 48,644 | -37,896 | 54,176 | |
| overdraft | 12 | |||||
| change in cash | -27,037 | 2,893 | 48,644 | -37,896 | 54,176 |
kernow financial ltd Credit Report and Business Information
Kernow Financial Ltd Competitor Analysis
Perform a competitor analysis for kernow financial ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in WC1X area or any other competitors across 12 key performance metrics.
kernow financial ltd Ownership
KERNOW FINANCIAL LTD group structure
Kernow Financial Ltd has no subsidiary companies.
Ultimate parent company
KERNOW FINANCIAL LTD
10870489
kernow financial ltd directors
Kernow Financial Ltd currently has 1 director, Mr James Floyd serving since Jul 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr James Floyd | England | 37 years | Jul 2017 | - | Director |
P&L
March 2023turnover
101.6k
+10%
operating profit
-11.4k
0%
gross margin
35.2%
+0.93%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
40.8k
-0.18%
total assets
47.6k
-0.35%
cash
40.8k
-0.4%
net assets
Total assets minus all liabilities
kernow financial ltd company details
company number
10870489
Type
Private limited with Share Capital
industry
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
incorporation date
July 2017
age
8
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
N/A
accountant
COOPER PARRY ADVISORY LIMITED
auditor
-
address
new derwent house, 69-73 theobalds road, london, WC1X 8TA
Bank
-
Legal Advisor
-
kernow financial 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 kernow financial ltd.
kernow financial 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.
Click to start generating capital raising & share issue transactions for KERNOW FINANCIAL LTD. This can take several minutes, an email will notify you when this has completed.
kernow financial ltd Companies House Filings - See Documents
| date | description | view/download |
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