door-kit solutions limited
door-kit solutions limited Company Information
Company Number
10930066
Next Accounts
Jul 2025
Shareholders
midland building products ltd
peter zarelli
View AllGroup Structure
View All
Industry
Manufacture of other builders' carpentry and joinery
Registered Address
6-11 spartan industrial centre, brickhouse lane, great bridge, west midlands, B70 0DH
Website
-door-kit solutions limited Estimated Valuation
Pomanda estimates the enterprise value of DOOR-KIT SOLUTIONS LIMITED at £3.5m based on a Turnover of £7.4m and 0.47x industry multiple (adjusted for size and gross margin).
door-kit solutions limited Estimated Valuation
Pomanda estimates the enterprise value of DOOR-KIT SOLUTIONS LIMITED at £4.1m based on an EBITDA of £892.2k and a 4.59x industry multiple (adjusted for size and gross margin).
door-kit solutions limited Estimated Valuation
Pomanda estimates the enterprise value of DOOR-KIT SOLUTIONS LIMITED at £1.8m based on Net Assets of £1.1m and 1.54x industry multiple (adjusted for liquidity).
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Door-kit Solutions Limited Overview
Door-kit Solutions Limited is a live company located in great bridge, B70 0DH with a Companies House number of 10930066. It operates in the manufacture of other builders' carpentry and joinery sector, SIC Code 16230. Founded in August 2017, it's largest shareholder is midland building products ltd with a 20% stake. Door-kit Solutions Limited is a young, mid sized company, Pomanda has estimated its turnover at £7.4m with rapid growth in recent years.
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Door-kit Solutions Limited Health Check
Pomanda's financial health check has awarded Door-Kit Solutions Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
5 Weak
Size
annual sales of £7.4m, make it in line with the average company (£7.4m)
£7.4m - Door-kit Solutions Limited
£7.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 71%, show it is growing at a faster rate (7.9%)
71% - Door-kit Solutions Limited
7.9% - Industry AVG
Production
with a gross margin of 33.3%, this company has a comparable cost of product (28.2%)
33.3% - Door-kit Solutions Limited
28.2% - Industry AVG
Profitability
an operating margin of 11.2% make it more profitable than the average company (8.2%)
11.2% - Door-kit Solutions Limited
8.2% - Industry AVG
Employees
with 16 employees, this is below the industry average (55)
16 - Door-kit Solutions Limited
55 - Industry AVG
Pay Structure
on an average salary of £32.6k, the company has an equivalent pay structure (£32.6k)
- Door-kit Solutions Limited
£32.6k - Industry AVG
Efficiency
resulting in sales per employee of £461.4k, this is more efficient (£143.8k)
£461.4k - Door-kit Solutions Limited
£143.8k - Industry AVG
Debtor Days
it gets paid by customers after 81 days, this is later than average (53 days)
81 days - Door-kit Solutions Limited
53 days - Industry AVG
Creditor Days
its suppliers are paid after 107 days, this is slower than average (42 days)
107 days - Door-kit Solutions Limited
42 days - Industry AVG
Stock Days
it holds stock equivalent to 60 days, this is more than average (40 days)
60 days - Door-kit Solutions Limited
40 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 17 weeks, this is less cash available to meet short term requirements (25 weeks)
17 weeks - Door-kit Solutions Limited
25 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 73%, this is a higher level of debt than the average (54.3%)
73% - Door-kit Solutions Limited
54.3% - Industry AVG
DOOR-KIT SOLUTIONS LIMITED financials
Door-Kit Solutions Limited's latest turnover from October 2023 is £7.4 million and the company has net assets of £1.1 million. According to their latest financial statements, Door-Kit Solutions Limited has 16 employees and maintains cash reserves of £1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Feb 2019 | Feb 2018 | |
|---|---|---|---|---|---|---|---|
| Turnover | 7,381,976 | 5,059,649 | 3,166,750 | 1,464,134 | |||
| Other Income Or Grants | |||||||
| Cost Of Sales | 4,924,404 | 3,096,764 | 2,157,171 | 865,280 | |||
| Gross Profit | 2,457,572 | 1,962,885 | 1,009,579 | 598,854 | |||
| Admin Expenses | 1,633,191 | 1,145,669 | 810,317 | 546,398 | |||
| Operating Profit | 824,381 | 817,216 | 199,262 | 52,456 | |||
| Interest Payable | 10,500 | ||||||
| Interest Receivable | |||||||
| Pre-Tax Profit | 824,381 | 817,216 | 199,262 | 41,956 | |||
| Tax | -192,375 | -157,210 | -37,860 | -7,972 | |||
| Profit After Tax | 632,006 | 660,006 | 161,402 | 33,984 | |||
| Dividends Paid | 300,000 | 300,000 | 150,000 | ||||
| Retained Profit | 332,006 | 360,006 | 11,402 | 33,984 | |||
| Employee Costs | |||||||
| Number Of Employees | 16 | 14 | 13 | 9 | |||
| EBITDA* | 892,221 | 844,709 | 219,077 | 60,140 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Feb 2019 | Feb 2018 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 665,896 | 216,231 | 51,764 | 71,579 | |||
| Intangible Assets | |||||||
| Investments & Other | |||||||
| Debtors (Due After 1 year) | |||||||
| Total Fixed Assets | 665,896 | 216,231 | 51,764 | 71,579 | |||
| Stock & work in progress | 810,657 | 757,188 | 436,335 | 365,520 | |||
| Trade Debtors | 1,639,282 | 1,129,037 | 817,061 | 541,823 | |||
| Group Debtors | |||||||
| Misc Debtors | 82,298 | 65,430 | 62,371 | 13,509 | 2 | 2 | |
| Cash | 1,013,451 | 554,629 | 719,185 | 416,675 | |||
| misc current assets | |||||||
| total current assets | 3,545,688 | 2,506,284 | 2,034,952 | 1,337,527 | 2 | 2 | |
| total assets | 4,211,584 | 2,722,515 | 2,086,716 | 1,409,106 | 2 | 2 | |
| Bank overdraft | |||||||
| Bank loan | |||||||
| Trade Creditors | 1,452,813 | 1,053,811 | 886,544 | 454,054 | |||
| Group/Directors Accounts | |||||||
| other short term finances | |||||||
| hp & lease commitments | |||||||
| other current liabilities | 1,550,155 | 831,892 | 394,951 | 163,096 | |||
| total current liabilities | 3,002,968 | 1,885,703 | 1,281,495 | 617,150 | |||
| loans | |||||||
| hp & lease commitments | |||||||
| Accruals and Deferred Income | |||||||
| other liabilities | 350,000 | 350,000 | |||||
| provisions | 71,218 | 31,420 | 9,835 | 7,972 | |||
| total long term liabilities | 71,218 | 31,420 | 359,835 | 357,972 | |||
| total liabilities | 3,074,186 | 1,917,123 | 1,641,330 | 975,122 | |||
| net assets | 1,137,398 | 805,392 | 445,386 | 433,984 | 2 | 2 | |
| total shareholders funds | 1,137,398 | 805,392 | 445,386 | 433,984 | 2 | 2 |
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Feb 2019 | Feb 2018 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | 824,381 | 817,216 | 199,262 | 52,456 | |||
| Depreciation | 67,840 | 27,493 | 19,815 | 7,684 | |||
| Amortisation | |||||||
| Tax | -192,375 | -157,210 | -37,860 | -7,972 | |||
| Stock | 53,469 | 320,853 | 70,815 | 365,520 | |||
| Debtors | 527,113 | 315,035 | 324,100 | 555,330 | 2 | 2 | |
| Creditors | 399,002 | 167,267 | 432,490 | 454,054 | |||
| Accruals and Deferred Income | 718,263 | 436,941 | 231,855 | 163,096 | |||
| Deferred Taxes & Provisions | 39,798 | 21,585 | 1,863 | 7,972 | |||
| Cash flow from operations | 1,276,327 | 677,404 | 452,510 | -243,560 | -2 | ||
| 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 | -350,000 | 350,000 | |||||
| share issue | |||||||
| interest | -10,500 | ||||||
| cash flow from financing | -350,000 | 739,498 | 2 | ||||
| cash and cash equivalents | |||||||
| cash | 458,822 | -164,556 | 302,510 | 416,675 | |||
| overdraft | |||||||
| change in cash | 458,822 | -164,556 | 302,510 | 416,675 |
door-kit solutions limited Credit Report and Business Information
Door-kit Solutions Limited Competitor Analysis
Perform a competitor analysis for door-kit solutions limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in B70 area or any other competitors across 12 key performance metrics.
door-kit solutions limited Ownership
DOOR-KIT SOLUTIONS LIMITED group structure
Door-Kit Solutions Limited has no subsidiary companies.
Ultimate parent company
DOOR-KIT SOLUTIONS LIMITED
10930066
door-kit solutions limited directors
Door-Kit Solutions Limited currently has 3 directors. The longest serving directors include Mr Peter McGuire (Aug 2017) and Mr Martyn Finney (Aug 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Peter McGuire | United Kingdom | 70 years | Aug 2017 | - | Director |
| Mr Martyn Finney | United Kingdom | 63 years | Aug 2017 | - | Director |
| Mr Peter Zarelli | United Kingdom | 50 years | Jan 2020 | - | Director |
P&L
October 2023turnover
7.4m
+46%
operating profit
824.4k
+1%
gross margin
33.3%
-14.19%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
1.1m
+0.41%
total assets
4.2m
+0.55%
cash
1m
+0.83%
net assets
Total assets minus all liabilities
Similar Companies
door-kit solutions limited company details
company number
10930066
Type
Private limited with Share Capital
industry
16230 - Manufacture of other builders' carpentry and joinery
incorporation date
August 2017
age
8
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
October 2023
previous names
stoves store uk limited (June 2019)
accountant
-
auditor
-
address
6-11 spartan industrial centre, brickhouse lane, great bridge, west midlands, B70 0DH
Bank
-
Legal Advisor
-
door-kit solutions 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 door-kit solutions limited.
door-kit solutions limited Capital Raised & Share Issues BETA
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door-kit solutions limited Companies House Filings - See Documents
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