knt development ltd
knt development ltd Company Information
Company Number
11427159
Website
www.kntgroup.co.ukRegistered Address
3 bedlam mews, london, SE11 6DF
Industry
Construction of commercial buildings
Other building completion and finishing
Telephone
442078400186
Next Accounts Due
December 2024
Group Structure
View All
Directors
Cumhur Kantarci6 Years
Shareholders
knt holding ltd 100%
knt development ltd Estimated Valuation
Pomanda estimates the enterprise value of KNT DEVELOPMENT LTD at £42.7m based on a Turnover of £60.9m and 0.7x industry multiple (adjusted for size and gross margin).
knt development ltd Estimated Valuation
Pomanda estimates the enterprise value of KNT DEVELOPMENT LTD at £0 based on an EBITDA of £-1.9k and a 5.92x industry multiple (adjusted for size and gross margin).
knt development ltd Estimated Valuation
Pomanda estimates the enterprise value of KNT DEVELOPMENT LTD at £6.3k based on Net Assets of £5.8k and 1.09x industry multiple (adjusted for liquidity).
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Knt Development Ltd Overview
Knt Development Ltd is a live company located in london, SE11 6DF with a Companies House number of 11427159. It operates in the development of building projects sector, SIC Code 41100. Founded in June 2018, it's largest shareholder is knt holding ltd with a 100% stake. Knt Development Ltd is a young, large sized company, Pomanda has estimated its turnover at £60.9m with rapid growth in recent years.
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Knt Development Ltd Health Check
Pomanda's financial health check has awarded Knt Development Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
6 Weak
Size
annual sales of £60.9m, make it larger than the average company (£3.4m)
- Knt Development Ltd
£3.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 762%, show it is growing at a faster rate (5.2%)
- Knt Development Ltd
5.2% - Industry AVG
Production
with a gross margin of 10.2%, this company has a higher cost of product (21.2%)
- Knt Development Ltd
21.2% - Industry AVG
Profitability
an operating margin of 0% make it less profitable than the average company (6.4%)
- Knt Development Ltd
6.4% - Industry AVG
Employees
with 1 employees, this is below the industry average (11)
1 - Knt Development Ltd
11 - Industry AVG
Pay Structure
on an average salary of £43.2k, the company has an equivalent pay structure (£43.2k)
- Knt Development Ltd
£43.2k - Industry AVG
Efficiency
resulting in sales per employee of £60.9m, this is more efficient (£239.7k)
- Knt Development Ltd
£239.7k - Industry AVG
Debtor Days
it gets paid by customers after 197 days, this is later than average (38 days)
- Knt Development Ltd
38 days - Industry AVG
Creditor Days
its suppliers are paid after 1 days, this is quicker than average (32 days)
- Knt Development Ltd
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Knt Development Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Knt Development Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 100%, this is a higher level of debt than the average (74.1%)
100% - Knt Development Ltd
74.1% - Industry AVG
KNT DEVELOPMENT LTD financials
Knt Development Ltd's latest turnover from March 2023 is estimated at £60.9 million and the company has net assets of £5.8 thousand. According to their latest financial statements, Knt Development Ltd has 1 employee and maintains cash reserves of 0 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 | 1 | 1 | 1 | 1 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 753 | 450 | 450 | 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 | 753 | 450 | 450 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 32,917,127 | 23,525,582 | 22,028,902 | 0 | 100 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 806 | 0 |
| Cash | 0 | 0 | 0 | 265 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 32,917,127 | 23,525,582 | 22,028,902 | 1,071 | 100 |
| total assets | 32,917,880 | 23,526,032 | 22,029,352 | 1,071 | 100 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 241,127 | 99,650 | 39,786 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 5,000 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 241,127 | 99,650 | 39,786 | 5,000 | 0 |
| loans | 0 | 0 | 21,981,864 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 32,670,937 | 23,418,630 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 32,670,937 | 23,418,630 | 21,981,864 | 0 | 0 |
| total liabilities | 32,912,064 | 23,518,280 | 22,021,650 | 5,000 | 0 |
| net assets | 5,816 | 7,752 | 7,702 | -3,929 | 100 |
| total shareholders funds | 5,816 | 7,752 | 7,702 | -3,929 | 100 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 0 | 0 | 0 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | |
| Tax | |||||
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | 9,391,545 | 1,496,680 | 22,028,096 | 706 | 100 |
| Creditors | 141,477 | 59,864 | 39,786 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 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 | 0 | -5,000 | 5,000 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | -21,981,864 | 21,981,864 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 9,252,307 | 23,418,630 | 0 | 0 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 0 | 0 | -265 | 265 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | -265 | 265 | 0 |
knt development ltd Credit Report and Business Information
Knt Development Ltd Competitor Analysis
Perform a competitor analysis for knt development ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other large companies, companies in SE11 area or any other competitors across 12 key performance metrics.
knt development ltd Ownership
KNT DEVELOPMENT LTD group structure
Knt Development Ltd has 16 subsidiary companies.
Ultimate parent company
1 parent
KNT DEVELOPMENT LTD
11427159
16 subsidiaries
knt development ltd directors
Knt Development Ltd currently has 1 director, Mr Cumhur Kantarci serving since Jun 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Cumhur Kantarci | United Kingdom | 48 years | Jun 2018 | - | Director |
P&L
March 2023turnover
60.9m
+46%
operating profit
-1.9k
0%
gross margin
10.2%
-0.19%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
5.8k
-0.25%
total assets
32.9m
+0.4%
cash
0
0%
net assets
Total assets minus all liabilities
knt development ltd company details
company number
11427159
Type
Private limited with Share Capital
industry
41201 - Construction of commercial buildings
43390 - Other building completion and finishing
41100 - Development of building projects
incorporation date
June 2018
age
6
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
March 2023
address
3 bedlam mews, london, SE11 6DF
accountant
-
auditor
-
knt development 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 found 1 charges/mortgages relating to knt development ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
knt development ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
