kellas group finance limited
kellas group finance limited Company Information
Company Number
11788901
Next Accounts
Sep 2025
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Shareholders
kellas group holdings limited
Group Structure
View All
Contact
Registered Address
suite 1 7th floor, 50 broadway, london, SW1H 0BL
Website
http://cats-ml.comkellas group finance limited Estimated Valuation
Pomanda estimates the enterprise value of KELLAS GROUP FINANCE LIMITED at £1.1b based on a Turnover of £320.1m and 3.58x industry multiple (adjusted for size and gross margin).
kellas group finance limited Estimated Valuation
Pomanda estimates the enterprise value of KELLAS GROUP FINANCE LIMITED at £3.4b based on an EBITDA of £244m and a 13.92x industry multiple (adjusted for size and gross margin).
kellas group finance limited Estimated Valuation
Pomanda estimates the enterprise value of KELLAS GROUP FINANCE LIMITED at £164.1m based on Net Assets of £124.9m and 1.31x industry multiple (adjusted for liquidity).
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Kellas Group Finance Limited Overview
Kellas Group Finance Limited is a live company located in london, SW1H 0BL with a Companies House number of 11788901. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in January 2019, it's largest shareholder is kellas group holdings limited with a 100% stake. Kellas Group Finance Limited is a young, mega sized company, Pomanda has estimated its turnover at £320.1m with high growth in recent years.
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Kellas Group Finance Limited Health Check
Pomanda's financial health check has awarded Kellas Group Finance Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 4 areas for improvement. Company Health Check FAQs
7 Strong
1 Regular
4 Weak
Size
annual sales of £320.1m, make it larger than the average company (£19m)
£320.1m - Kellas Group Finance Limited
£19m - Industry AVG
Growth
3 year (CAGR) sales growth of 18%, show it is growing at a faster rate (10.6%)
18% - Kellas Group Finance Limited
10.6% - Industry AVG
Production
with a gross margin of 67.1%, this company has a lower cost of product (36.3%)
67.1% - Kellas Group Finance Limited
36.3% - Industry AVG
Profitability
an operating margin of 60.5% make it more profitable than the average company (4.6%)
60.5% - Kellas Group Finance Limited
4.6% - Industry AVG
Employees
with 41 employees, this is below the industry average (105)
41 - Kellas Group Finance Limited
105 - Industry AVG
Pay Structure
on an average salary of £229k, the company has a higher pay structure (£44.7k)
£229k - Kellas Group Finance Limited
£44.7k - Industry AVG
Efficiency
resulting in sales per employee of £7.8m, this is more efficient (£191.8k)
£7.8m - Kellas Group Finance Limited
£191.8k - Industry AVG
Debtor Days
it gets paid by customers after 39 days, this is near the average (45 days)
39 days - Kellas Group Finance Limited
45 days - Industry AVG
Creditor Days
its suppliers are paid after 8 days, this is quicker than average (44 days)
8 days - Kellas Group Finance Limited
44 days - Industry AVG
Stock Days
it holds stock equivalent to 30 days, this is less than average (40 days)
30 days - Kellas Group Finance Limited
40 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 17 weeks, this is more cash available to meet short term requirements (14 weeks)
17 weeks - Kellas Group Finance Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 87.2%, this is a higher level of debt than the average (69.5%)
87.2% - Kellas Group Finance Limited
69.5% - Industry AVG
KELLAS GROUP FINANCE LIMITED financials
Kellas Group Finance Limited's latest turnover from December 2023 is £320.1 million and the company has net assets of £124.9 million. According to their latest financial statements, Kellas Group Finance Limited has 41 employees and maintains cash reserves of £72.4 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|---|
| Turnover | 320,120,000 | 265,291,000 | 184,664,000 | 194,499,000 | 199,260,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 105,468,000 | 97,183,000 | 80,174,000 | 82,394,000 | 93,519,000 |
| Gross Profit | 214,652,000 | 168,108,000 | 104,490,000 | 112,105,000 | 105,741,000 |
| Admin Expenses | 21,014,000 | 13,537,000 | 5,051,000 | 22,242,000 | 4,677,000 |
| Operating Profit | 193,638,000 | 154,571,000 | 99,439,000 | 89,863,000 | 101,064,000 |
| Interest Payable | 42,392,000 | 30,824,000 | 47,461,000 | 42,378,000 | 39,469,000 |
| Interest Receivable | 13,905,000 | 24,812,000 | 35,000 | 91,000 | 1,057,000 |
| Pre-Tax Profit | 165,151,000 | 148,559,000 | 52,013,000 | 47,576,000 | 62,652,000 |
| Tax | -26,222,000 | -24,874,000 | -38,608,000 | -17,610,000 | -11,514,000 |
| Profit After Tax | 138,929,000 | 123,685,000 | 13,405,000 | 29,966,000 | 51,138,000 |
| Dividends Paid | 0 | 0 | 0 | 127,000,000 | 0 |
| Retained Profit | 138,929,000 | 123,685,000 | 13,405,000 | -97,034,000 | 51,138,000 |
| Employee Costs | 9,387,000 | 6,783,000 | 5,703,000 | 9,380,000 | 3,268,000 |
| Number Of Employees | 41 | 35 | 28 | 17 | 14 |
| EBITDA* | 244,027,000 | 205,585,000 | 137,285,000 | 127,878,000 | 149,985,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 712,470,000 | 768,637,000 | 830,104,000 | 804,368,000 | 756,482,000 |
| Intangible Assets | 116,097,000 | 121,199,000 | 126,301,000 | 131,403,000 | 136,505,000 |
| Investments & Other | 15,984,000 | 29,013,000 | 10,799,000 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 844,551,000 | 918,849,000 | 956,405,000 | 935,771,000 | 892,987,000 |
| Stock & work in progress | 8,905,000 | 5,817,000 | 4,049,000 | 2,880,000 | 3,773,000 |
| Trade Debtors | 34,740,000 | 19,879,000 | 17,254,000 | 16,964,000 | 18,379,000 |
| Group Debtors | 206,000 | 107,000 | 3,000 | 24,863,000 | 54,206,000 |
| Misc Debtors | 15,928,000 | 17,587,000 | 5,664,000 | 7,863,000 | 9,160,000 |
| Cash | 72,350,000 | 67,222,000 | 60,566,000 | 31,577,000 | 66,026,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 132,129,000 | 110,612,000 | 97,711,000 | 85,451,000 | 151,544,000 |
| total assets | 976,680,000 | 1,029,461,000 | 1,054,116,000 | 1,021,222,000 | 1,044,531,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 139,475,000 | 118,312,000 | 0 |
| Trade Creditors | 2,597,000 | 2,914,000 | 3,309,000 | 4,495,000 | 3,218,000 |
| Group/Directors Accounts | 104,108,000 | 147,276,000 | 0 | 0 | 0 |
| other short term finances | 88,033,000 | 147,834,000 | 0 | 0 | 265,426,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 20,893,000 | 22,993,000 | 194,736,000 | 35,866,000 | 56,377,000 |
| total current liabilities | 215,631,000 | 321,017,000 | 337,520,000 | 158,673,000 | 325,021,000 |
| loans | 444,471,000 | 510,748,000 | 1,303,842,000 | 1,778,596,000 | 659,122,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 5,400,000 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 |
| provisions | 186,322,000 | 203,548,000 | 416,620,000 | 286,568,000 | 135,366,000 |
| total long term liabilities | 636,193,000 | 714,296,000 | 860,231,000 | 1,032,582,000 | 794,488,000 |
| total liabilities | 851,824,000 | 1,035,313,000 | 1,197,751,000 | 1,191,255,000 | 1,119,509,000 |
| net assets | 124,856,000 | -5,852,000 | -143,635,000 | -170,033,000 | -74,978,000 |
| total shareholders funds | 124,856,000 | -5,852,000 | -143,635,000 | -170,033,000 | -74,978,000 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | 193,638,000 | 154,571,000 | 99,439,000 | 89,863,000 | 101,064,000 |
| Depreciation | 45,287,000 | 45,912,000 | 32,744,000 | 32,913,000 | 43,820,000 |
| Amortisation | 5,102,000 | 5,102,000 | 5,102,000 | 5,102,000 | 5,101,000 |
| Tax | -26,222,000 | -24,874,000 | -38,608,000 | -17,610,000 | -11,514,000 |
| Stock | 3,088,000 | 1,768,000 | 1,169,000 | -893,000 | 3,773,000 |
| Debtors | 13,301,000 | 14,652,000 | -26,769,000 | -32,055,000 | 81,745,000 |
| Creditors | -317,000 | -395,000 | -1,186,000 | 1,277,000 | 3,218,000 |
| Accruals and Deferred Income | 3,300,000 | -171,743,000 | 158,870,000 | -20,511,000 | 56,377,000 |
| Deferred Taxes & Provisions | -17,226,000 | -213,072,000 | 130,052,000 | 151,202,000 | 135,366,000 |
| Cash flow from operations | 187,173,000 | -220,919,000 | 412,013,000 | 275,184,000 | 247,914,000 |
| Investing Activities | |||||
| capital expenditure | 0 | 0 | 0 | ||
| Change in Investments | -13,029,000 | 18,214,000 | 10,799,000 | 0 | 0 |
| cash flow from investments | 13,029,000 | -18,214,000 | 0 | ||
| Financing Activities | |||||
| Bank loans | 0 | -139,475,000 | 21,163,000 | 118,312,000 | 0 |
| Group/Directors Accounts | -43,168,000 | 147,276,000 | 0 | 0 | 0 |
| Other Short Term Loans | -59,801,000 | 147,834,000 | 0 | -265,426,000 | 265,426,000 |
| Long term loans | -66,277,000 | -793,094,000 | -474,754,000 | 1,119,474,000 | 659,122,000 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||
| interest | -28,487,000 | -6,012,000 | -47,426,000 | -42,287,000 | -38,412,000 |
| cash flow from financing | -205,954,000 | -629,373,000 | -488,024,000 | 932,052,000 | 760,020,000 |
| cash and cash equivalents | |||||
| cash | 5,128,000 | 6,656,000 | 28,989,000 | -34,449,000 | 66,026,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 5,128,000 | 6,656,000 | 28,989,000 | -34,449,000 | 66,026,000 |
kellas group finance limited Credit Report and Business Information
Kellas Group Finance Limited Competitor Analysis
Perform a competitor analysis for kellas group finance limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mega companies, companies in SW1H area or any other competitors across 12 key performance metrics.
kellas group finance limited Ownership
KELLAS GROUP FINANCE LIMITED group structure
Kellas Group Finance Limited has 1 subsidiary company.
Ultimate parent company
SILVERSTREAM HOLDINGS LTD
#0119497
2 parents
KELLAS GROUP FINANCE LIMITED
11788901
1 subsidiary
kellas group finance limited directors
Kellas Group Finance Limited currently has 2 directors. The longest serving directors include Mr Thomas Luypaert (Jan 2020) and Mr Nathan Morgan (Feb 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Thomas Luypaert | United Kingdom | 37 years | Jan 2020 | - | Director |
| Mr Nathan Morgan | Scotland | 47 years | Feb 2023 | - | Director |
P&L
December 2023turnover
320.1m
+21%
operating profit
193.6m
+25%
gross margin
67.1%
+5.82%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
124.9m
-22.34%
total assets
976.7m
-0.05%
cash
72.4m
+0.08%
net assets
Total assets minus all liabilities
kellas group finance limited company details
company number
11788901
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
January 2019
age
6
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
ERNST & YOUNG LLP
address
suite 1 7th floor, 50 broadway, london, SW1H 0BL
Bank
-
Legal Advisor
-
kellas group finance 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 found 2 charges/mortgages relating to kellas group finance limited. Currently there are 1 open charges and 1 have been satisfied in the past.
kellas group finance limited 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.
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kellas group finance limited Companies House Filings - See Documents
| date | description | view/download |
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