kingscote haulage limited
kingscote haulage limited Company Information
Company Number
12526052
Website
-Registered Address
unit 4, oaks court warwick road, borehamwood, WD6 1GS
Industry
Specialised construction activities (other than scaffold erection) n.e.c.
Telephone
02087314000
Next Accounts Due
July 2024
Group Structure
View All
Shareholders
morrisroe group ltd 70%
lauren morrisroe 10%
View Allkingscote haulage limited Estimated Valuation
Pomanda estimates the enterprise value of KINGSCOTE HAULAGE LIMITED at £1.6m based on a Turnover of £5.9m and 0.27x industry multiple (adjusted for size and gross margin).
kingscote haulage limited Estimated Valuation
Pomanda estimates the enterprise value of KINGSCOTE HAULAGE LIMITED at £2.3m based on an EBITDA of £698.3k and a 3.29x industry multiple (adjusted for size and gross margin).
kingscote haulage limited Estimated Valuation
Pomanda estimates the enterprise value of KINGSCOTE HAULAGE LIMITED at £749.5k based on Net Assets of £385.5k and 1.94x industry multiple (adjusted for liquidity).
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Kingscote Haulage Limited Overview
Kingscote Haulage Limited is a live company located in borehamwood, WD6 1GS with a Companies House number of 12526052. It operates in the other specialised construction activities n.e.c. sector, SIC Code 43999. Founded in March 2020, it's largest shareholder is morrisroe group ltd with a 70% stake. Kingscote Haulage Limited is a startup, mid sized company, Pomanda has estimated its turnover at £5.9m with unknown growth in recent years.
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Kingscote Haulage Limited Health Check
Pomanda's financial health check has awarded Kingscote Haulage Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs
4 Strong
4 Regular
3 Weak
Size
annual sales of £5.9m, make it in line with the average company (£5.2m)
- Kingscote Haulage Limited
£5.2m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Kingscote Haulage Limited
- - Industry AVG
Production
with a gross margin of 13.2%, this company has a higher cost of product (24.5%)
- Kingscote Haulage Limited
24.5% - Industry AVG
Profitability
an operating margin of 7.3% make it more profitable than the average company (5.5%)
- Kingscote Haulage Limited
5.5% - Industry AVG
Employees
with 23 employees, this is similar to the industry average (27)
23 - Kingscote Haulage Limited
27 - Industry AVG
Pay Structure
on an average salary of £43.5k, the company has an equivalent pay structure (£43.5k)
- Kingscote Haulage Limited
£43.5k - Industry AVG
Efficiency
resulting in sales per employee of £254.7k, this is more efficient (£173.3k)
- Kingscote Haulage Limited
£173.3k - Industry AVG
Debtor Days
it gets paid by customers after 61 days, this is near the average (57 days)
- Kingscote Haulage Limited
57 days - Industry AVG
Creditor Days
its suppliers are paid after 202 days, this is slower than average (40 days)
- Kingscote Haulage Limited
40 days - Industry AVG
Stock Days
it holds stock equivalent to 4 days, this is less than average (11 days)
- Kingscote Haulage Limited
11 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (20 weeks)
0 weeks - Kingscote Haulage Limited
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 93.6%, this is a higher level of debt than the average (62.9%)
93.6% - Kingscote Haulage Limited
62.9% - Industry AVG
KINGSCOTE HAULAGE LIMITED financials
Kingscote Haulage Limited's latest turnover from October 2022 is estimated at £5.9 million and the company has net assets of £385.5 thousand. According to their latest financial statements, Kingscote Haulage Limited has 23 employees and maintains cash reserves of £29.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2022 | Oct 2021 | Oct 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 | 23 | 15 | 6 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2022 | Oct 2021 | Oct 2020 | |
|---|---|---|---|
| Tangible Assets | 2,215,152 | 1,483,365 | 1,075,458 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 2,215,152 | 1,483,365 | 1,075,458 |
| Stock & work in progress | 59,415 | 50,866 | 0 |
| Trade Debtors | 984,411 | 497,167 | 74,184 |
| Group Debtors | 2,674,574 | 0 | 350 |
| Misc Debtors | 30,740 | 57,292 | 255,138 |
| Cash | 29,455 | 230,733 | 118,986 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 3,778,595 | 836,058 | 448,658 |
| total assets | 5,993,747 | 2,319,423 | 1,524,116 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 2,817,862 | 751,769 | 64,447 |
| Group/Directors Accounts | 919,305 | 517,786 | 655,594 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 486,754 | 298,424 | 244,286 |
| other current liabilities | 554,273 | 195,078 | 64,926 |
| total current liabilities | 4,778,194 | 1,763,057 | 1,029,253 |
| loans | 0 | 0 | 0 |
| hp & lease commitments | 830,004 | 520,777 | 591,198 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 |
| total long term liabilities | 830,004 | 520,777 | 591,198 |
| total liabilities | 5,608,198 | 2,283,834 | 1,620,451 |
| net assets | 385,549 | 35,589 | -96,335 |
| total shareholders funds | 385,549 | 35,589 | -96,335 |
| Oct 2022 | Oct 2021 | Oct 2020 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | 269,145 | 152,378 | 29,253 |
| Amortisation | 0 | 0 | 0 |
| Tax | |||
| Stock | 8,549 | 50,866 | 0 |
| Debtors | 3,135,266 | 224,787 | 329,672 |
| Creditors | 2,066,093 | 687,322 | 64,447 |
| Accruals and Deferred Income | 359,195 | 130,152 | 64,926 |
| 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 | 401,519 | -137,808 | 655,594 |
| Other Short Term Loans | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 497,557 | -16,283 | 835,484 |
| other long term liabilities | 0 | 0 | 0 |
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | -201,278 | 111,747 | 118,986 |
| overdraft | 0 | 0 | 0 |
| change in cash | -201,278 | 111,747 | 118,986 |
kingscote haulage limited Credit Report and Business Information
Kingscote Haulage Limited Competitor Analysis
Perform a competitor analysis for kingscote haulage limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
kingscote haulage limited Ownership
KINGSCOTE HAULAGE LIMITED group structure
Kingscote Haulage Limited has no subsidiary companies.
kingscote haulage limited directors
Kingscote Haulage Limited currently has 2 directors. The longest serving directors include Mr Conor Morrisroe (Mar 2020) and Mr Brian Morrisroe (Jun 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Conor Morrisroe | United Kingdom | 28 years | Mar 2020 | - | Director |
| Mr Brian Morrisroe | England | 68 years | Jun 2022 | - | Director |
P&L
October 2022turnover
5.9m
+191%
operating profit
429.1k
0%
gross margin
13.3%
+2.01%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2022net assets
385.5k
+9.83%
total assets
6m
+1.58%
cash
29.5k
-0.87%
net assets
Total assets minus all liabilities
Similar Companies
kingscote haulage limited company details
company number
12526052
Type
Private limited with Share Capital
industry
43999 - Specialised construction activities (other than scaffold erection) n.e.c.
incorporation date
March 2020
age
4
accounts
Audit Exemption Subsidiary
ultimate parent company
previous names
N/A
incorporated
UK
address
unit 4, oaks court warwick road, borehamwood, WD6 1GS
last accounts submitted
October 2022
kingscote haulage 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 1 charges/mortgages relating to kingscote haulage limited. Currently there are 1 open charges and 0 have been satisfied in the past.
kingscote haulage limited Companies House Filings - See Documents
| date | description | view/download |
|---|
