kre corporate recovery limited
kre corporate recovery limited Company Information
Company Number
12645353
Next Accounts
May 2025
Shareholders
wiseman bidco limited
Group Structure
View All
Industry
Other business support service activities n.e.c.
Registered Address
unit 8, the aquarium building, 1-7 king street, reading, RG1 2AN
Website
krecr.co.ukkre corporate recovery limited Estimated Valuation
Pomanda estimates the enterprise value of KRE CORPORATE RECOVERY LIMITED at £200.1k based on a Turnover of £498.3k and 0.4x industry multiple (adjusted for size and gross margin).
kre corporate recovery limited Estimated Valuation
Pomanda estimates the enterprise value of KRE CORPORATE RECOVERY LIMITED at £3.8m based on an EBITDA of £1.3m and a 2.94x industry multiple (adjusted for size and gross margin).
kre corporate recovery limited Estimated Valuation
Pomanda estimates the enterprise value of KRE CORPORATE RECOVERY LIMITED at £4.6m based on Net Assets of £2.2m and 2.13x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Kre Corporate Recovery Limited Overview
Kre Corporate Recovery Limited is a live company located in reading, RG1 2AN with a Companies House number of 12645353. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in June 2020, it's largest shareholder is wiseman bidco limited with a 100% stake. Kre Corporate Recovery Limited is a young, micro sized company, Pomanda has estimated its turnover at £498.3k with unknown growth in recent years.
Upgrade for unlimited company reports & a free credit check
Kre Corporate Recovery Limited Health Check
Pomanda's financial health check has awarded Kre Corporate Recovery Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 8 areas for improvement. Company Health Check FAQs
0 Strong
2 Regular
8 Weak
Size
annual sales of £513.2k, make it smaller than the average company (£3.5m)
- Kre Corporate Recovery Limited
£3.5m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Kre Corporate Recovery Limited
- - Industry AVG
Production
with a gross margin of 17.6%, this company has a higher cost of product (38.9%)
- Kre Corporate Recovery Limited
38.9% - Industry AVG
Profitability
an operating margin of 5% make it less profitable than the average company (6.5%)
- Kre Corporate Recovery Limited
6.5% - Industry AVG
Employees
with 15 employees, this is below the industry average (22)
15 - Kre Corporate Recovery Limited
22 - Industry AVG
Pay Structure
on an average salary of £47.4k, the company has an equivalent pay structure (£47.4k)
- Kre Corporate Recovery Limited
£47.4k - Industry AVG
Efficiency
resulting in sales per employee of £34.2k, this is less efficient (£149.4k)
- Kre Corporate Recovery Limited
£149.4k - Industry AVG
Debtor Days
it gets paid by customers after 76 days, this is later than average (42 days)
- Kre Corporate Recovery Limited
42 days - Industry AVG
Creditor Days
its suppliers are paid after 1 days, this is quicker than average (33 days)
- Kre Corporate Recovery Limited
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Kre Corporate Recovery Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 6 weeks, this is less cash available to meet short term requirements (25 weeks)
6 weeks - Kre Corporate Recovery Limited
25 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 62.2%, this is a similar level of debt than the average (62.4%)
62.2% - Kre Corporate Recovery Limited
62.4% - Industry AVG
KRE CORPORATE RECOVERY LIMITED financials
Kre Corporate Recovery Limited's latest turnover from August 2023 is estimated at £498.3 thousand and the company has net assets of £2.2 million. According to their latest financial statements, Kre Corporate Recovery Limited has 15 employees and maintains cash reserves of £429 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2023 | Feb 2023 | Jun 2022 | Jun 2021 | |
|---|---|---|---|---|
| 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 | 15 | 15 | 12 | 12 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2023 | Feb 2023 | Jun 2022 | Jun 2021 | |
|---|---|---|---|---|
| Tangible Assets | 19,067 | 25,226 | 32,212 | 32,242 |
| Intangible Assets | 2,596,667 | 2,818,333 | 3,040,000 | 3,420,000 |
| Investments & Other | ||||
| Debtors (Due After 1 year) | 6,145 | |||
| Total Fixed Assets | 2,615,734 | 2,843,559 | 3,072,212 | 3,458,387 |
| Stock & work in progress | 550,238 | 623,855 | ||
| Trade Debtors | 81,858 | 108,041 | 108,956 | 171,825 |
| Group Debtors | 99,987 | |||
| Misc Debtors | 999,743 | 441,070 | 105,142 | 91,341 |
| Cash | 428,972 | 309,389 | 1,055,366 | 942,948 |
| misc current assets | ||||
| total current assets | 1,610,560 | 858,500 | 1,819,702 | 1,829,969 |
| total assets | 4,226,294 | 3,702,059 | 4,891,914 | 5,288,356 |
| Bank overdraft | ||||
| Bank loan | ||||
| Trade Creditors | 27,318 | 1,672 | 19,342 | 13,239 |
| Group/Directors Accounts | 1,709,161 | |||
| other short term finances | ||||
| hp & lease commitments | ||||
| other current liabilities | 308,592 | 2,302,280 | 437,476 | 569,204 |
| total current liabilities | 2,045,071 | 2,303,952 | 456,818 | 582,443 |
| loans | 360,000 | |||
| hp & lease commitments | ||||
| Accruals and Deferred Income | ||||
| other liabilities | 3,077,096 | 3,603,173 | ||
| provisions | 4,914 | |||
| total long term liabilities | 4,914 | 3,077,096 | 3,963,173 | |
| total liabilities | 2,049,985 | 2,303,952 | 3,533,914 | 4,545,616 |
| net assets | 2,176,309 | 1,398,107 | 1,358,000 | 742,740 |
| total shareholders funds | 2,176,309 | 1,398,107 | 1,358,000 | 742,740 |
| Aug 2023 | Feb 2023 | Jun 2022 | Jun 2021 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 6,225 | 25,159 | 14,836 | 74,603 |
| Amortisation | 221,666 | 221,667 | 380,000 | 380,000 |
| Tax | ||||
| Stock | -550,238 | -550,238 | -73,617 | 623,855 |
| Debtors | 967,490 | 335,013 | -55,213 | 269,311 |
| Creditors | 7,976 | -17,670 | 6,103 | 13,239 |
| Accruals and Deferred Income | -128,884 | 1,864,804 | -131,728 | 569,204 |
| Deferred Taxes & Provisions | 4,914 | |||
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | ||||
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | ||||
| Group/Directors Accounts | 1,709,161 | |||
| Other Short Term Loans | ||||
| Long term loans | -360,000 | 360,000 | ||
| Hire Purchase and Lease Commitments | ||||
| other long term liabilities | -3,077,096 | -3,077,096 | -526,077 | 3,603,173 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | -626,394 | -745,977 | 112,418 | 942,948 |
| overdraft | ||||
| change in cash | -626,394 | -745,977 | 112,418 | 942,948 |
kre corporate recovery limited Credit Report and Business Information
Kre Corporate Recovery Limited Competitor Analysis
Perform a competitor analysis for kre corporate recovery limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in RG1 area or any other competitors across 12 key performance metrics.
kre corporate recovery limited Ownership
KRE CORPORATE RECOVERY LIMITED group structure
Kre Corporate Recovery Limited has 1 subsidiary company.
Ultimate parent company
FHI LP
#0132872
2 parents
KRE CORPORATE RECOVERY LIMITED
12645353
1 subsidiary
kre corporate recovery limited directors
Kre Corporate Recovery Limited currently has 5 directors. The longest serving directors include Mr David Taylor (Jun 2020) and Mr Robert Keyes (Jun 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Taylor | United Kingdom | 47 years | Jun 2020 | - | Director |
| Mr Robert Keyes | United Kingdom | 57 years | Jun 2020 | - | Director |
| Mr Paul Ellison | United Kingdom | 65 years | Jun 2020 | - | Director |
| Mr Allan Wilson | England | 52 years | Feb 2023 | - | Director |
| Mr Adam Wardle | England | 54 years | Feb 2023 | - | Director |
P&L
August 2023turnover
498.3k
-3%
operating profit
1.1m
0%
gross margin
17.5%
+4.49%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
2.2m
+0.6%
total assets
4.2m
-0.14%
cash
429k
-0.59%
net assets
Total assets minus all liabilities
Similar Companies
kre corporate recovery limited company details
company number
12645353
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
June 2020
age
5
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
August 2023
previous names
kre cr limited (July 2020)
erk limited (July 2020)
accountant
WILSON PARTNERS LIMITED
auditor
-
address
unit 8, the aquarium building, 1-7 king street, reading, RG1 2AN
Bank
-
Legal Advisor
-
kre corporate recovery 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 kre corporate recovery limited. Currently there are 1 open charges and 0 have been satisfied in the past.
kre corporate recovery 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.
Click to start generating capital raising & share issue transactions for KRE CORPORATE RECOVERY LIMITED. This can take several minutes, an email will notify you when this has completed.
kre corporate recovery limited Companies House Filings - See Documents
| date | description | view/download |
|---|
