Pomanda estimates the enterprise value of KENNET AVIATION LTD at £1.1m based on a Turnover of £2.9m and 0.36x industry multiple (adjusted for size and gross margin).
kennet aviation ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of KENNET AVIATION LTD at £0 based on an EBITDA of £-449.6k and a 3.04x industry multiple (adjusted for size and gross margin).
kennet aviation ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of KENNET AVIATION LTD at £0 based on Net Assets of £-1.9m and 2.03x industry multiple (adjusted for liquidity).
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Kennet Aviation LtdOverview
Kennet Aviation Ltd is a live company located in biggleswade, SG18 9DU with a Companies House number of 11272745. It operates in the engineering related scientific and technical consulting activities sector, SIC Code 71122. Founded in March 2018, it's largest shareholder is
timothy manna
with a 100% stake. Kennet Aviation Ltd is a young,
small sized company, Pomanda has estimated its turnover at
£2.9m with
rapid
growth in recent years.
Pomanda's financial health check has awarded Kennet Aviation Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating4out of 5
6 Strong
1 Regular
3 Weak
Size
annual sales of £2.9m, make it larger than the average company (£843.6k)
£2.9m - Kennet Aviation Ltd
£843.6k - Industry AVG
Growth
3 year (CAGR) sales growth of 44%, show it is growing at a faster rate (9%)
44% - Kennet Aviation Ltd
9% - Industry AVG
Production
with a gross margin of 22.7%, this company has a higher cost of product (38.1%)
22.7% - Kennet Aviation Ltd
38.1% - Industry AVG
Profitability
an operating margin of -15.5% make it less profitable than the average company (6.8%)
-15.5% - Kennet Aviation Ltd
6.8% - Industry AVG
Employees
with 16 employees, this is above the industry average (9)
16 - Kennet Aviation Ltd
9 - Industry AVG
Pay Structure
on an average salary of £51.6k, the company has an equivalent pay structure (£51.6k)
£51.6k - Kennet Aviation Ltd
£51.6k - Industry AVG
Efficiency
resulting in sales per employee of £181.5k, this is more efficient (£100.2k)
£181.5k - Kennet Aviation Ltd
£100.2k - Industry AVG
Debtor Days
it gets paid by customers after 13 days, this is earlier than average (71 days)
13 days - Kennet Aviation Ltd
71 days - Industry AVG
Creditor Days
its suppliers are paid after 362 days, this is slower than average (25 days)
362 days - Kennet Aviation Ltd
25 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Kennet Aviation Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Kennet Aviation Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 673.2%, this is a higher level of debt than the average (57.2%)
673.2% - Kennet Aviation Ltd
57.2% - Industry AVG
KENNET AVIATION LTD financials
EXPORT
Kennet Aviation Ltd's latest turnover from March 2024 is estimated at £2.9 million and the company has net assets of -£1.9 million. According to their latest financial statements, Kennet Aviation Ltd has 16 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Turnover
2,903,420
2,315,974
1,314,405
977,055
366,147
524,795
Other Income Or Grants
Cost Of Sales
2,243,554
1,800,610
989,461
765,563
274,257
391,500
Gross Profit
659,866
515,364
324,945
211,492
91,890
133,295
Admin Expenses
1,109,438
949,519
702,489
503,833
279,916
322,431
Operating Profit
-449,572
-434,155
-377,544
-292,341
-188,026
-189,136
Interest Payable
Interest Receivable
10
70
Pre-Tax Profit
-449,572
-434,155
-377,544
-292,341
-188,016
-189,066
Tax
Profit After Tax
-449,572
-434,155
-377,544
-292,341
-188,016
-189,066
Dividends Paid
Retained Profit
-449,572
-434,155
-377,544
-292,341
-188,016
-189,066
Employee Costs
826,345
665,688
682,445
551,454
476,906
392,120
Number Of Employees
16
13
13
11
10
8
EBITDA*
-449,572
-434,155
-377,544
-228,507
-184,294
-189,136
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Tangible Assets
231,662
342,502
268,798
247,696
11,015
12,210
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
231,662
342,502
268,798
247,696
11,015
12,210
Stock & work in progress
Trade Debtors
105,161
48,576
53,293
10,917
Group Debtors
Misc Debtors
Cash
388
18,630
misc current assets
total current assets
105,161
48,576
53,293
10,917
388
18,630
total assets
336,823
391,078
322,091
258,613
11,403
30,840
Bank overdraft
Bank loan
Trade Creditors
2,225,491
1,718,925
1,250,615
760,024
8,792
Group/Directors Accounts
374,380
185,397
other short term finances
hp & lease commitments
other current liabilities
5,213
34,409
total current liabilities
2,225,491
1,718,925
1,250,615
760,024
388,385
219,806
loans
hp & lease commitments
Accruals and Deferred Income
1,195
1,195
1,195
1,854
other liabilities
40,831
152,080
117,248
166,158
provisions
total long term liabilities
42,026
153,275
118,443
168,012
total liabilities
2,267,517
1,872,200
1,369,058
928,036
388,385
219,806
net assets
-1,930,694
-1,481,122
-1,046,967
-669,423
-376,982
-188,966
total shareholders funds
-1,930,694
-1,481,122
-1,046,967
-669,423
-376,982
-188,966
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Operating Activities
Operating Profit
-449,572
-434,155
-377,544
-292,341
-188,026
-189,136
Depreciation
63,834
3,732
Amortisation
Tax
Stock
Debtors
56,585
-4,717
42,376
10,917
Creditors
506,566
468,310
490,591
751,232
8,792
Accruals and Deferred Income
-659
-3,359
-29,196
34,409
Deferred Taxes & Provisions
Cash flow from operations
409
38,872
70,012
508,449
-204,698
-154,727
Investing Activities
capital expenditure
110,840
-73,704
-21,102
-300,515
-2,537
-12,210
Change in Investments
cash flow from investments
110,840
-73,704
-21,102
-300,515
-2,537
-12,210
Financing Activities
Bank loans
Group/Directors Accounts
-374,380
188,983
185,397
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-111,249
34,832
-48,910
166,158
share issue
-100
100
interest
10
70
cash flow from financing
-111,249
34,832
-48,910
-208,322
188,993
185,567
cash and cash equivalents
cash
-388
-18,242
18,630
overdraft
change in cash
-388
-18,242
18,630
kennet aviation ltd 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 kennet aviation ltd. Get real-time insights into kennet aviation ltd's credit score, group structure and payment trends.
Perform a competitor analysis for kennet aviation ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in SG18 area or any other competitors across 12 key performance metrics.
kennet aviation ltd Ownership
KENNET AVIATION LTD group structure
Kennet Aviation Ltd has no subsidiary companies.
Ultimate parent company
KENNET AVIATION LTD
11272745
KENNET AVIATION LTD Shareholders
The sole shareholder of Kennet Aviation Ltd is Timothy Manna.
timothy manna
100%
kennet aviation ltd directors
Kennet Aviation Ltd currently has 3 directors.
The longest serving directors include
Mr Timothy Manna (Mar 2018) and
Mr Andrew Done (Apr 2018).
71122 - Engineering related scientific and technical consulting activities
incorporation date
March 2018
age
7
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
SJ TAX LTD
auditor
-
address
home farm house old warden park, old warden, biggleswade, bedfordshire, SG18 9DU
Bank
-
Legal Advisor
-
kennet aviation 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 kennet aviation ltd.
kennet aviation 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 KENNET AVIATION LTD. This can take several minutes, an email will notify you when this has completed.
kennet aviation ltdCompanies House Filings - See Documents
