k cross development ltd
k cross development ltd Company Information
Company Number
12660949
Website
-Registered Address
4 bedlam mews, london, SE11 6DF
Industry
Development of building projects
Construction of domestic buildings
Telephone
-
Next Accounts Due
December 2024
Group Structure
View All
Directors
Cumhur Kantarci4 Years
Shareholders
knt development ltd 100%
k cross development ltd Estimated Valuation
Pomanda estimates the enterprise value of K CROSS DEVELOPMENT LTD at £921.4k based on a Turnover of £986.8k and 0.93x industry multiple (adjusted for size and gross margin).
k cross development ltd Estimated Valuation
Pomanda estimates the enterprise value of K CROSS DEVELOPMENT LTD at £60k based on an EBITDA of £14.5k and a 4.13x industry multiple (adjusted for size and gross margin).
k cross development ltd Estimated Valuation
Pomanda estimates the enterprise value of K CROSS DEVELOPMENT LTD at £154k based on Net Assets of £125.8k and 1.22x industry multiple (adjusted for liquidity).
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K Cross Development Ltd Overview
K Cross Development Ltd is a live company located in london, SE11 6DF with a Companies House number of 12660949. It operates in the development of building projects sector, SIC Code 41100. Founded in June 2020, it's largest shareholder is knt development ltd with a 100% stake. K Cross Development Ltd is a startup, small sized company, Pomanda has estimated its turnover at £986.8k with unknown growth in recent years.
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K Cross Development Ltd Health Check
Pomanda's financial health check has awarded K Cross Development Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
5 Weak
Size
annual sales of £986.8k, make it smaller than the average company (£3.6m)
- K Cross Development Ltd
£3.6m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- K Cross Development Ltd
- - Industry AVG
Production
with a gross margin of 31.6%, this company has a comparable cost of product (31.6%)
- K Cross Development Ltd
31.6% - Industry AVG
Profitability
an operating margin of 1.5% make it less profitable than the average company (13.5%)
- K Cross Development Ltd
13.5% - Industry AVG
Employees
with 1 employees, this is below the industry average (11)
1 - K Cross Development Ltd
11 - Industry AVG
Pay Structure
on an average salary of £44.3k, the company has an equivalent pay structure (£44.3k)
- K Cross Development Ltd
£44.3k - Industry AVG
Efficiency
resulting in sales per employee of £986.8k, this is more efficient (£258.3k)
- K Cross Development Ltd
£258.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- K Cross Development Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 117 days, this is slower than average (32 days)
- K Cross Development Ltd
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- K Cross Development Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (15 weeks)
5 weeks - K Cross Development Ltd
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 98.7%, this is a higher level of debt than the average (71%)
98.7% - K Cross Development Ltd
71% - Industry AVG
K CROSS DEVELOPMENT LTD financials
K Cross Development Ltd's latest turnover from March 2023 is estimated at £986.8 thousand and the company has net assets of £125.8 thousand. According to their latest financial statements, K Cross Development Ltd has 1 employee and maintains cash reserves of £312.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 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 | 1 | 1 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 8,937,331 | 8,937,331 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 8,937,331 | 8,937,331 | 0 |
| Stock & work in progress | 0 | 0 | 8,762,512 |
| Trade Debtors | 0 | 140,190 | 548,150 |
| Group Debtors | 0 | 2,500 | 0 |
| Misc Debtors | 38,769 | 100 | 0 |
| Cash | 312,586 | 608,386 | 89,995 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 351,355 | 751,176 | 9,400,657 |
| total assets | 9,288,686 | 9,688,507 | 9,400,657 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 217,056 | 217,027 | 3,000 |
| Group/Directors Accounts | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 3,032,508 | 5,426,352 | 0 |
| total current liabilities | 3,249,564 | 5,643,379 | 3,000 |
| loans | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| other liabilities | 5,913,324 | 3,946,944 | 9,425,062 |
| provisions | 0 | 0 | 0 |
| total long term liabilities | 5,913,324 | 3,946,944 | 9,425,062 |
| total liabilities | 9,162,888 | 9,590,323 | 9,428,062 |
| net assets | 125,798 | 98,184 | -27,405 |
| total shareholders funds | 125,798 | 98,184 | -27,405 |
| Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 |
| Tax | |||
| Stock | 0 | -8,762,512 | 8,762,512 |
| Debtors | -104,021 | -405,360 | 548,150 |
| Creditors | 29 | 214,027 | 3,000 |
| Accruals and Deferred Income | -2,393,844 | 5,426,352 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 |
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 0 | 8,937,331 | 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 | 1,966,380 | -5,478,118 | 9,425,062 |
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | -295,800 | 518,391 | 89,995 |
| overdraft | 0 | 0 | 0 |
| change in cash | -295,800 | 518,391 | 89,995 |
k cross development ltd Credit Report and Business Information
K Cross Development Ltd Competitor Analysis
Perform a competitor analysis for k cross development ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in SE11 area or any other competitors across 12 key performance metrics.
k cross development ltd Ownership
K CROSS DEVELOPMENT LTD group structure
K Cross Development Ltd has no subsidiary companies.
Ultimate parent company
2 parents
K CROSS DEVELOPMENT LTD
12660949
k cross development ltd directors
K Cross Development Ltd currently has 1 director, Mr Cumhur Kantarci serving since Jun 2020.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Cumhur Kantarci | England | 48 years | Jun 2020 | - | Director |
P&L
March 2023turnover
986.8k
-15%
operating profit
14.5k
0%
gross margin
31.7%
+3.36%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
125.8k
+0.28%
total assets
9.3m
-0.04%
cash
312.6k
-0.49%
net assets
Total assets minus all liabilities
Similar Companies
k cross development ltd company details
company number
12660949
Type
Private limited with Share Capital
industry
41100 - Development of building projects
41202 - Construction of domestic buildings
68100 - Buying and selling of own real estate
incorporation date
June 2020
age
4
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
March 2023
address
4 bedlam mews, london, SE11 6DF
accountant
ROCK TAX & ACCOUNTING
auditor
-
k cross 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 5 charges/mortgages relating to k cross development ltd. Currently there are 2 open charges and 3 have been satisfied in the past.
k cross development ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
