kb independent trustees limited
kb independent trustees limited Company Information
Company Number
11233651
Website
kbitl.co.ukRegistered Address
windsor house bayshill road, cheltenham, gloucestershire, GL50 3AT
Industry
Other activities auxiliary to insurance and pension funding
Telephone
-
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
andrew kieran 50%
jonathan bridger 50%
kb independent trustees limited Estimated Valuation
Pomanda estimates the enterprise value of KB INDEPENDENT TRUSTEES LIMITED at £112.2k based on a Turnover of £184.1k and 0.61x industry multiple (adjusted for size and gross margin).
kb independent trustees limited Estimated Valuation
Pomanda estimates the enterprise value of KB INDEPENDENT TRUSTEES LIMITED at £0 based on an EBITDA of £-5.9k and a 4.34x industry multiple (adjusted for size and gross margin).
kb independent trustees limited Estimated Valuation
Pomanda estimates the enterprise value of KB INDEPENDENT TRUSTEES LIMITED at £320.8k based on Net Assets of £124.2k and 2.58x industry multiple (adjusted for liquidity).
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Kb Independent Trustees Limited Overview
Kb Independent Trustees Limited is a live company located in gloucestershire, GL50 3AT with a Companies House number of 11233651. It operates in the other activities auxiliary to insurance and pension funding sector, SIC Code 66290. Founded in March 2018, it's largest shareholder is andrew kieran with a 50% stake. Kb Independent Trustees Limited is a young, micro sized company, Pomanda has estimated its turnover at £184.1k with declining growth in recent years.
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Kb Independent Trustees Limited Health Check
Pomanda's financial health check has awarded Kb Independent Trustees Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
5 Weak
Size
annual sales of £184.1k, make it smaller than the average company (£2.6m)
- Kb Independent Trustees Limited
£2.6m - Industry AVG
Growth
3 year (CAGR) sales growth of -7%, show it is growing at a slower rate (4.3%)
- Kb Independent Trustees Limited
4.3% - Industry AVG
Production
with a gross margin of 83.9%, this company has a comparable cost of product (83.9%)
- Kb Independent Trustees Limited
83.9% - Industry AVG
Profitability
an operating margin of -3.5% make it less profitable than the average company (9.5%)
- Kb Independent Trustees Limited
9.5% - Industry AVG
Employees
with 2 employees, this is below the industry average (28)
2 - Kb Independent Trustees Limited
28 - Industry AVG
Pay Structure
on an average salary of £50.7k, the company has an equivalent pay structure (£50.7k)
- Kb Independent Trustees Limited
£50.7k - Industry AVG
Efficiency
resulting in sales per employee of £92k, this is less efficient (£114.5k)
- Kb Independent Trustees Limited
£114.5k - Industry AVG
Debtor Days
it gets paid by customers after 53 days, this is earlier than average (74 days)
- Kb Independent Trustees Limited
74 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Kb Independent Trustees Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Kb Independent Trustees Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 116 weeks, this is more cash available to meet short term requirements (23 weeks)
116 weeks - Kb Independent Trustees Limited
23 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 32.1%, this is a lower level of debt than the average (70.2%)
32.1% - Kb Independent Trustees Limited
70.2% - Industry AVG
kb independent trustees limited Credit Report and Business Information
Kb Independent Trustees Limited Competitor Analysis
Perform a competitor analysis for kb independent trustees limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
kb independent trustees limited Ownership
KB INDEPENDENT TRUSTEES LIMITED group structure
Kb Independent Trustees Limited has no subsidiary companies.
Ultimate parent company
KB INDEPENDENT TRUSTEES LIMITED
11233651
kb independent trustees limited directors
Kb Independent Trustees Limited currently has 2 directors. The longest serving directors include Mr Jonathan Bridger (Mar 2018) and Mr Andrew Kieran (Mar 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jonathan Bridger | England | 57 years | Mar 2018 | - | Director |
| Mr Andrew Kieran | 58 years | Mar 2018 | - | Director |
KB INDEPENDENT TRUSTEES LIMITED financials
Kb Independent Trustees Limited's latest turnover from March 2023 is estimated at £184.1 thousand and the company has net assets of £124.2 thousand. According to their latest financial statements, Kb Independent Trustees Limited has 2 employees and maintains cash reserves of £130.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|
| 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 | 2 | 2 | 2 | 2 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 802 | 1,378 | 880 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 802 | 1,378 | 880 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 26,744 | 105,797 | 61,248 | 52,229 | 32,510 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 24,393 | 1,753 | 19,314 | 144 | 13,005 |
| Cash | 130,933 | 78,251 | 59,992 | 48,504 | 42,781 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 182,070 | 185,801 | 140,554 | 100,877 | 88,296 |
| total assets | 182,872 | 187,179 | 141,434 | 100,877 | 88,296 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 905 | 0 | 0 |
| Group/Directors Accounts | 624 | 624 | 867 | 0 | 28,638 |
| other short term finances | 0 | 0 | 0 | 6,355 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 57,842 | 59,956 | 37,481 | 26,458 | 20,084 |
| total current liabilities | 58,466 | 60,580 | 39,253 | 32,813 | 48,722 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 |
| provisions | 201 | 345 | 0 | 0 | 0 |
| total long term liabilities | 201 | 345 | 0 | 0 | 0 |
| total liabilities | 58,667 | 60,925 | 39,253 | 32,813 | 48,722 |
| net assets | 124,205 | 126,254 | 102,181 | 68,064 | 39,574 |
| total shareholders funds | 124,205 | 126,254 | 102,181 | 68,064 | 39,574 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 576 | 324 | 25 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | -56,413 | 26,988 | 28,189 | 6,858 | 45,515 |
| Creditors | 0 | -905 | 905 | 0 | 0 |
| Accruals and Deferred Income | -2,114 | 22,475 | 11,023 | 6,374 | 20,084 |
| Deferred Taxes & Provisions | -144 | 345 | 0 | 0 | 0 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | -243 | 867 | -28,638 | 28,638 |
| Other Short Term Loans | 0 | 0 | -6,355 | 6,355 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 52,682 | 18,259 | 11,488 | 5,723 | 42,781 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 52,682 | 18,259 | 11,488 | 5,723 | 42,781 |
P&L
March 2023turnover
184.1k
-48%
operating profit
-6.5k
0%
gross margin
83.9%
-4.38%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
124.2k
-0.02%
total assets
182.9k
-0.02%
cash
130.9k
+0.67%
net assets
Total assets minus all liabilities
Similar Companies
kb independent trustees limited company details
company number
11233651
Type
Private limited with Share Capital
industry
66290 - Other activities auxiliary to insurance and pension funding
incorporation date
March 2018
age
6
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
windsor house bayshill road, cheltenham, gloucestershire, GL50 3AT
last accounts submitted
March 2023
kb independent trustees 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 kb independent trustees limited.
kb independent trustees limited Companies House Filings - See Documents
| date | description | view/download |
|---|
