kynec ltd
kynec ltd Company Information
Company Number
12294477
Website
-Registered Address
100 bishopsgate, london, EC2N 4AG
Industry
Other information technology and computer service activities
Telephone
-
Next Accounts Due
28 days late
Group Structure
View All
Shareholders
robert mcwilliam 48.7%
varun james sehgal 8.8%
View Allkynec ltd Estimated Valuation
Pomanda estimates the enterprise value of KYNEC LTD at £75.4k based on a Turnover of £138.8k and 0.54x industry multiple (adjusted for size and gross margin).
kynec ltd Estimated Valuation
Pomanda estimates the enterprise value of KYNEC LTD at £0 based on an EBITDA of £-293.1k and a 3.9x industry multiple (adjusted for size and gross margin).
kynec ltd Estimated Valuation
Pomanda estimates the enterprise value of KYNEC LTD at £1m based on Net Assets of £451.2k and 2.26x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Kynec Ltd Overview
Kynec Ltd is a live company located in london, EC2N 4AG with a Companies House number of 12294477. It operates in the other information technology service activities sector, SIC Code 62090. Founded in November 2019, it's largest shareholder is robert mcwilliam with a 48.7% stake. Kynec Ltd is a young, micro sized company, Pomanda has estimated its turnover at £138.8k with unknown growth in recent years.
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Kynec Ltd Health Check
Pomanda's financial health check has awarded Kynec Ltd a 3.5 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
1 Regular
5 Weak
Size
annual sales of £138.8k, make it smaller than the average company (£5.6m)
- Kynec Ltd
£5.6m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Kynec Ltd
- - Industry AVG
Production
with a gross margin of 27.1%, this company has a higher cost of product (51.8%)
- Kynec Ltd
51.8% - Industry AVG
Profitability
an operating margin of -276% make it less profitable than the average company (4.2%)
- Kynec Ltd
4.2% - Industry AVG
Employees
with 4 employees, this is below the industry average (37)
4 - Kynec Ltd
37 - Industry AVG
Pay Structure
on an average salary of £64.2k, the company has an equivalent pay structure (£64.2k)
- Kynec Ltd
£64.2k - Industry AVG
Efficiency
resulting in sales per employee of £34.7k, this is less efficient (£154.2k)
- Kynec Ltd
£154.2k - Industry AVG
Debtor Days
it gets paid by customers after 4 days, this is earlier than average (56 days)
- Kynec Ltd
56 days - Industry AVG
Creditor Days
its suppliers are paid after 214 days, this is slower than average (37 days)
- Kynec Ltd
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Kynec Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 65 weeks, this is more cash available to meet short term requirements (15 weeks)
65 weeks - Kynec Ltd
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 11.7%, this is a lower level of debt than the average (62.9%)
11.7% - Kynec Ltd
62.9% - Industry AVG
KYNEC LTD financials
Kynec Ltd's latest turnover from November 2022 is estimated at £138.8 thousand and the company has net assets of £451.2 thousand. According to their latest financial statements, Kynec Ltd has 4 employees and maintains cash reserves of £74.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2022 | Nov 2021 | Nov 2020 | |
|---|---|---|---|
| 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 | 4 | 4 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2022 | Nov 2021 | Nov 2020 | |
|---|---|---|---|
| Tangible Assets | 434,344 | 467,037 | 32,309 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 434,344 | 467,037 | 32,309 |
| Stock & work in progress | 0 | 0 | 0 |
| Trade Debtors | 1,822 | 96,503 | 3,982 |
| Group Debtors | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 |
| Cash | 74,618 | 84,808 | 0 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 76,440 | 181,311 | 3,982 |
| total assets | 510,784 | 648,348 | 36,291 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 59,616 | 118,093 | 1,495 |
| Group/Directors Accounts | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 |
| total current liabilities | 59,616 | 118,093 | 1,495 |
| loans | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| other liabilities | 0 | 42,283 | 42,281 |
| provisions | 0 | 0 | 0 |
| total long term liabilities | 0 | 42,283 | 42,281 |
| total liabilities | 59,616 | 160,376 | 43,776 |
| net assets | 451,168 | 487,972 | -7,485 |
| total shareholders funds | 451,168 | 487,972 | -7,485 |
| Nov 2022 | Nov 2021 | Nov 2020 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | 89,929 | ||
| Amortisation | 0 | ||
| Tax | |||
| Stock | 0 | 0 | 0 |
| Debtors | -94,681 | 92,521 | 3,982 |
| Creditors | -58,477 | 116,598 | 1,495 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 |
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 0 | 0 | 0 |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 |
| other long term liabilities | -42,283 | 2 | 42,281 |
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | -10,190 | 84,808 | 0 |
| overdraft | 0 | 0 | 0 |
| change in cash | -10,190 | 84,808 | 0 |
kynec ltd Credit Report and Business Information
Kynec Ltd Competitor Analysis
Perform a competitor analysis for kynec ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in EC2N area or any other competitors across 12 key performance metrics.
kynec ltd Ownership
KYNEC LTD group structure
Kynec Ltd has no subsidiary companies.
Ultimate parent company
KYNEC LTD
12294477
kynec ltd directors
Kynec Ltd currently has 5 directors. The longest serving directors include Mr Robert McWilliam (Nov 2019) and Mr Varun Sehgal (Apr 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Robert McWilliam | England | 62 years | Nov 2019 | - | Director |
| Mr Varun Sehgal | England | 60 years | Apr 2020 | - | Director |
| Mr John Curtis | England | 62 years | Feb 2021 | - | Director |
| Mr David Jackson | 64 years | Jul 2021 | - | Director | |
| Mr David Jackson | United Kingdom | 64 years | Jul 2021 | - | Director |
P&L
November 2022turnover
138.8k
-60%
operating profit
-383k
0%
gross margin
27.1%
+8.77%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2022net assets
451.2k
-0.08%
total assets
510.8k
-0.21%
cash
74.6k
-0.12%
net assets
Total assets minus all liabilities
Similar Companies
kynec ltd company details
company number
12294477
Type
Private limited with Share Capital
industry
62090 - Other information technology and computer service activities
incorporation date
November 2019
age
5
incorporated
UK
accounts
Unaudited Abridged
ultimate parent company
previous names
N/A
last accounts submitted
November 2022
address
100 bishopsgate, london, EC2N 4AG
accountant
-
auditor
-
kynec 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 kynec ltd.
kynec ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
