kar 1962 limited

2

kar 1962 limited Company Information

Share KAR 1962 LIMITED
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StartupMicro

Company Number

13848883

Website

-

Registered Address

33 winchester avenue st johns, worcester, worcestershire, WR2 4JF

Industry

Engineering related scientific and technical consulting activities

 

Telephone

-

Next Accounts Due

October 2024

Group Structure

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Directors

Kevin Ratcliffe2 Years

Shareholders

kevin arthur ratcliffe 75%

nicola joanna ratcliffe 25%

kar 1962 limited Estimated Valuation

£40.9k

Pomanda estimates the enterprise value of KAR 1962 LIMITED at £40.9k based on a Turnover of £104.3k and 0.39x industry multiple (adjusted for size and gross margin).

kar 1962 limited Estimated Valuation

£30.9k

Pomanda estimates the enterprise value of KAR 1962 LIMITED at £30.9k based on an EBITDA of £8.5k and a 3.63x industry multiple (adjusted for size and gross margin).

kar 1962 limited Estimated Valuation

£19.3k

Pomanda estimates the enterprise value of KAR 1962 LIMITED at £19.3k based on Net Assets of £6.9k and 2.8x industry multiple (adjusted for liquidity).

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Kar 1962 Limited Overview

Kar 1962 Limited is a live company located in worcestershire, WR2 4JF with a Companies House number of 13848883. It operates in the engineering related scientific and technical consulting activities sector, SIC Code 71122. Founded in January 2022, it's largest shareholder is kevin arthur ratcliffe with a 75% stake. Kar 1962 Limited is a startup, micro sized company, Pomanda has estimated its turnover at £104.3k with unknown growth in recent years.

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Kar 1962 Limited Health Check

Pomanda's financial health check has awarded Kar 1962 Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £104.3k, make it smaller than the average company (£556.5k)

£104.3k - Kar 1962 Limited

£556.5k - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Kar 1962 Limited

- - Industry AVG

production

Production

with a gross margin of 22.8%, this company has a higher cost of product (37.3%)

22.8% - Kar 1962 Limited

37.3% - Industry AVG

profitability

Profitability

an operating margin of 8.2% make it more profitable than the average company (6.7%)

8.2% - Kar 1962 Limited

6.7% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (8)

2 - Kar 1962 Limited

8 - Industry AVG

paystructure

Pay Structure

on an average salary of £48.3k, the company has an equivalent pay structure (£48.3k)

£48.3k - Kar 1962 Limited

£48.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £52.1k, this is less efficient (£91.5k)

£52.1k - Kar 1962 Limited

£91.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 109 days, this is later than average (77 days)

109 days - Kar 1962 Limited

77 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 108 days, this is slower than average (26 days)

108 days - Kar 1962 Limited

26 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Kar 1962 Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Kar 1962 Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 78.2%, this is a higher level of debt than the average (56.6%)

78.2% - Kar 1962 Limited

56.6% - Industry AVG

KAR 1962 LIMITED financials

EXPORTms excel logo

Kar 1962 Limited's latest turnover from January 2023 is estimated at £104.3 thousand and the company has net assets of £6.9 thousand. According to their latest financial statements, Kar 1962 Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jan 2023
Turnover104,268
Other Income Or Grants0
Cost Of Sales80,460
Gross Profit23,808
Admin Expenses15,310
Operating Profit8,498
Interest Payable0
Interest Receivable0
Pre-Tax Profit8,498
Tax-1,615
Profit After Tax6,883
Dividends Paid0
Retained Profit6,883
Employee Costs96,644
Number Of Employees2
EBITDA*8,498

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jan 2023
Tangible Assets396
Intangible Assets0
Investments & Other0
Debtors (Due After 1 year)0
Total Fixed Assets396
Stock & work in progress0
Trade Debtors31,190
Group Debtors0
Misc Debtors0
Cash0
misc current assets0
total current assets31,190
total assets31,586
Bank overdraft0
Bank loan0
Trade Creditors 23,953
Group/Directors Accounts0
other short term finances0
hp & lease commitments0
other current liabilities0
total current liabilities23,953
loans0
hp & lease commitments0
Accruals and Deferred Income750
other liabilities0
provisions0
total long term liabilities750
total liabilities24,703
net assets6,883
total shareholders funds6,883
Jan 2023
Operating Activities
Operating Profit8,498
Depreciation0
Amortisation0
Tax-1,615
Stock0
Debtors31,190
Creditors23,953
Accruals and Deferred Income750
Deferred Taxes & Provisions0
Cash flow from operations396
Investing Activities
capital expenditure-396
Change in Investments0
cash flow from investments-396
Financing Activities
Bank loans0
Group/Directors Accounts0
Other Short Term Loans 0
Long term loans0
Hire Purchase and Lease Commitments0
other long term liabilities0
share issue0
interest0
cash flow from financing0
cash and cash equivalents
cash0
overdraft0
change in cash0

kar 1962 limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Kar 1962 Limited Competitor Analysis

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Perform a competitor analysis for kar 1962 limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.

kar 1962 limited Ownership

KAR 1962 LIMITED group structure

Kar 1962 Limited has no subsidiary companies.

Ultimate parent company

KAR 1962 LIMITED

13848883

KAR 1962 LIMITED Shareholders

kevin arthur ratcliffe 75%
nicola joanna ratcliffe 25%

kar 1962 limited directors

Kar 1962 Limited currently has 1 director, Mr Kevin Ratcliffe serving since Jan 2022.

officercountryagestartendrole
Mr Kevin Ratcliffe62 years Jan 2022- Director

P&L

January 2023

turnover

104.3k

0%

operating profit

8.5k

0%

gross margin

22.9%

0%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

January 2023

net assets

6.9k

0%

total assets

31.6k

0%

cash

0

0%

net assets

Total assets minus all liabilities

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kar 1962 limited company details

company number

13848883

Type

Private limited with Share Capital

industry

71122 - Engineering related scientific and technical consulting activities

incorporation date

January 2022

age

2

accounts

Micro-Entity Accounts

ultimate parent company

None

previous names

N/A

incorporated

UK

address

33 winchester avenue st johns, worcester, worcestershire, WR2 4JF

last accounts submitted

January 2023

kar 1962 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 did not find charges/mortgages relating to kar 1962 limited.

charges

kar 1962 limited Companies House Filings - See Documents

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