coolkit ip limited
coolkit ip limited Company Information
Company Number
12874610
Next Accounts
22 days late
Shareholders
fields house group limited
Group Structure
View All
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Registered Address
thornley avenue, blackburn, lancashire, BB1 3HJ
Website
coolkit.co.ukcoolkit ip limited Estimated Valuation
Pomanda estimates the enterprise value of COOLKIT IP LIMITED at £6.3k based on a Turnover of £7.5k and 0.84x industry multiple (adjusted for size and gross margin).
coolkit ip limited Estimated Valuation
Pomanda estimates the enterprise value of COOLKIT IP LIMITED at £13.9k based on an EBITDA of £4k and a 3.52x industry multiple (adjusted for size and gross margin).
coolkit ip limited Estimated Valuation
Pomanda estimates the enterprise value of COOLKIT IP LIMITED at £627k based on Net Assets of £480.5k and 1.31x industry multiple (adjusted for liquidity).
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Coolkit Ip Limited Overview
Coolkit Ip Limited is a live company located in lancashire, BB1 3HJ with a Companies House number of 12874610. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in September 2020, it's largest shareholder is fields house group limited with a 100% stake. Coolkit Ip Limited is a young, micro sized company, Pomanda has estimated its turnover at £7.5k with unknown growth in recent years.
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Coolkit Ip Limited Health Check
Pomanda's financial health check has awarded Coolkit Ip Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
6 Weak
Size
annual sales of £7.5k, make it smaller than the average company (£18.6m)
£7.5k - Coolkit Ip Limited
£18.6m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Coolkit Ip Limited
- - Industry AVG
Production
with a gross margin of 20.6%, this company has a higher cost of product (34.8%)
20.6% - Coolkit Ip Limited
34.8% - Industry AVG
Profitability
an operating margin of -147.2% make it less profitable than the average company (4.7%)
-147.2% - Coolkit Ip Limited
4.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (103)
1 - Coolkit Ip Limited
103 - Industry AVG
Pay Structure
on an average salary of £42.5k, the company has an equivalent pay structure (£42.5k)
- Coolkit Ip Limited
£42.5k - Industry AVG
Efficiency
resulting in sales per employee of £7.5k, this is less efficient (£184.7k)
£7.5k - Coolkit Ip Limited
£184.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Coolkit Ip Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Coolkit Ip Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Coolkit Ip Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (14 weeks)
0 weeks - Coolkit Ip Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 22.8%, this is a lower level of debt than the average (69.1%)
22.8% - Coolkit Ip Limited
69.1% - Industry AVG
COOLKIT IP LIMITED financials
Coolkit Ip Limited's latest turnover from June 2023 is £7.5 thousand and the company has net assets of £480.5 thousand. According to their latest financial statements, Coolkit Ip Limited has 1 employee and maintains cash reserves of £267 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | |
|---|---|---|---|
| Turnover | 7,500 | 6,476 | |
| Other Income Or Grants | |||
| Cost Of Sales | |||
| Gross Profit | |||
| Admin Expenses | |||
| Operating Profit | -11,042 | -6,740 | |
| Interest Payable | |||
| Interest Receivable | 375,000 | 625,000 | |
| Pre-Tax Profit | 363,958 | 618,260 | |
| Tax | -752 | -1,213 | |
| Profit After Tax | 363,206 | 617,047 | |
| Dividends Paid | 375,000 | 125,000 | |
| Retained Profit | -11,794 | 492,047 | |
| Employee Costs | |||
| Number Of Employees | 1 | 1 | |
| EBITDA* | 3,958 | 6,385 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | |
|---|---|---|---|
| Tangible Assets | |||
| Intangible Assets | 121,875 | 136,875 | |
| Investments & Other | 200 | 200 | |
| Debtors (Due After 1 year) | |||
| Total Fixed Assets | 122,075 | 137,075 | |
| Stock & work in progress | |||
| Trade Debtors | |||
| Group Debtors | 500,000 | 500,000 | |
| Misc Debtors | |||
| Cash | 267 | 99 | 1 |
| misc current assets | |||
| total current assets | 500,267 | 500,099 | 1 |
| total assets | 622,342 | 637,174 | 1 |
| Bank overdraft | |||
| Bank loan | |||
| Trade Creditors | |||
| Group/Directors Accounts | 141,137 | 143,714 | |
| other short term finances | |||
| hp & lease commitments | |||
| other current liabilities | 752 | 1,213 | |
| total current liabilities | 141,889 | 144,927 | |
| loans | |||
| hp & lease commitments | |||
| Accruals and Deferred Income | |||
| other liabilities | |||
| provisions | |||
| total long term liabilities | |||
| total liabilities | 141,889 | 144,927 | |
| net assets | 480,453 | 492,247 | 1 |
| total shareholders funds | 480,453 | 492,247 | 1 |
| Jun 2023 | Jun 2022 | Jun 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | -11,042 | -6,740 | |
| Depreciation | |||
| Amortisation | 15,000 | 13,125 | |
| Tax | -752 | -1,213 | |
| Stock | |||
| Debtors | 500,000 | ||
| Creditors | |||
| Accruals and Deferred Income | -461 | 1,213 | |
| Deferred Taxes & Provisions | |||
| Cash flow from operations | 2,745 | -493,615 | |
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 200 | ||
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | |||
| Group/Directors Accounts | -2,577 | 143,714 | |
| Other Short Term Loans | |||
| Long term loans | |||
| Hire Purchase and Lease Commitments | |||
| other long term liabilities | |||
| share issue | |||
| interest | 375,000 | 625,000 | |
| cash flow from financing | 372,423 | 768,913 | |
| cash and cash equivalents | |||
| cash | 168 | 98 | 1 |
| overdraft | |||
| change in cash | 168 | 98 | 1 |
coolkit ip limited Credit Report and Business Information
Coolkit Ip Limited Competitor Analysis
Perform a competitor analysis for coolkit ip limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in BB1 area or any other competitors across 12 key performance metrics.
coolkit ip limited Ownership
COOLKIT IP LIMITED group structure
Coolkit Ip Limited has 1 subsidiary company.
Ultimate parent company
1 parent
COOLKIT IP LIMITED
12874610
1 subsidiary
coolkit ip limited directors
Coolkit Ip Limited currently has 2 directors. The longest serving directors include Mr Rupert Gatty (Sep 2020) and Mr Rupert Gatty (Sep 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Rupert Gatty | England | 58 years | Sep 2020 | - | Director |
| Mr Rupert Gatty | England | 58 years | Sep 2020 | - | Director |
P&L
June 2023turnover
7.5k
+16%
operating profit
-11k
+64%
gross margin
20.6%
+1.7%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
480.5k
-0.02%
total assets
622.3k
-0.02%
cash
267
+1.7%
net assets
Total assets minus all liabilities
Similar Companies
coolkit ip limited company details
company number
12874610
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
September 2020
age
5
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
June 2023
previous names
N/A
accountant
PM & M SOLUTIONS FOR BUSINESS LLP
auditor
-
address
thornley avenue, blackburn, lancashire, BB1 3HJ
Bank
-
Legal Advisor
-
coolkit ip 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 coolkit ip limited. Currently there are 2 open charges and 0 have been satisfied in the past.
coolkit ip 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 COOLKIT IP LIMITED. This can take several minutes, an email will notify you when this has completed.
coolkit ip limited Companies House Filings - See Documents
| date | description | view/download |
|---|
