kensington meter assets ltd
kensington meter assets ltd Company Information
Company Number
14306708
Next Accounts
Sep 2025
Shareholders
yu services ltd
Group Structure
View All
Industry
Renting and leasing of other machinery, equipment and tangible goods n.e.c.
Registered Address
2 horizon place, nottingham business park, nottingham, NG8 6PY
Website
-kensington meter assets ltd Estimated Valuation
Pomanda estimates the enterprise value of KENSINGTON METER ASSETS LTD at £51.9k based on a Turnover of £77k and 0.67x industry multiple (adjusted for size and gross margin).
kensington meter assets ltd Estimated Valuation
Pomanda estimates the enterprise value of KENSINGTON METER ASSETS LTD at £55.8k based on an EBITDA of £19k and a 2.94x industry multiple (adjusted for size and gross margin).
kensington meter assets ltd Estimated Valuation
Pomanda estimates the enterprise value of KENSINGTON METER ASSETS LTD at £0 based on Net Assets of £-164k and 2.29x industry multiple (adjusted for liquidity).
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Kensington Meter Assets Ltd Overview
Kensington Meter Assets Ltd is a live company located in nottingham, NG8 6PY with a Companies House number of 14306708. It operates in the renting and leasing of other machinery, equipment and tangible goods n.e.c. sector, SIC Code 77390. Founded in August 2022, it's largest shareholder is yu services ltd with a 100% stake. Kensington Meter Assets Ltd is a startup, micro sized company, Pomanda has estimated its turnover at £77k with unknown growth in recent years.
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Kensington Meter Assets Ltd Health Check
Pomanda's financial health check has awarded Kensington Meter Assets Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
5 Weak
Size
annual sales of £77k, make it smaller than the average company (£9.5m)
£77k - Kensington Meter Assets Ltd
£9.5m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Kensington Meter Assets Ltd
- - Industry AVG
Production
with a gross margin of 48.2%, this company has a comparable cost of product (48.2%)
48.2% - Kensington Meter Assets Ltd
48.2% - Industry AVG
Profitability
an operating margin of -15.6% make it less profitable than the average company (11.6%)
-15.6% - Kensington Meter Assets Ltd
11.6% - Industry AVG
Employees
with 1 employees, this is below the industry average (39)
- Kensington Meter Assets Ltd
39 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Kensington Meter Assets Ltd
- - Industry AVG
Efficiency
resulting in sales per employee of £77k, this is less efficient (£223.6k)
- Kensington Meter Assets Ltd
£223.6k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Kensington Meter Assets Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 1309 days, this is slower than average (51 days)
1309 days - Kensington Meter Assets Ltd
51 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Kensington Meter Assets Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 5 weeks, this is average cash available to meet short term requirements (6 weeks)
5 weeks - Kensington Meter Assets Ltd
6 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 112.1%, this is a higher level of debt than the average (66.3%)
112.1% - Kensington Meter Assets Ltd
66.3% - Industry AVG
KENSINGTON METER ASSETS LTD financials
Kensington Meter Assets Ltd's latest turnover from December 2023 is £77 thousand and the company has net assets of -£164 thousand. According to their latest financial statements, we estimate that Kensington Meter Assets Ltd has 1 employee and maintains cash reserves of £108 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | |
|---|---|---|
| Turnover | 77,000 | |
| Other Income Or Grants | ||
| Cost Of Sales | ||
| Gross Profit | ||
| Admin Expenses | ||
| Operating Profit | -12,000 | -4,000 |
| Interest Payable | 4,000 | |
| Interest Receivable | ||
| Pre-Tax Profit | -16,000 | -4,000 |
| Tax | -144,000 | |
| Profit After Tax | -160,000 | -4,000 |
| Dividends Paid | ||
| Retained Profit | -160,000 | -4,000 |
| Employee Costs | ||
| Number Of Employees | ||
| EBITDA* | 19,000 | -4,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | |
|---|---|---|
| Tangible Assets | 1,155,000 | 53,000 |
| Intangible Assets | 6,000 | |
| Investments & Other | ||
| Debtors (Due After 1 year) | ||
| Total Fixed Assets | 1,161,000 | 53,000 |
| Stock & work in progress | ||
| Trade Debtors | ||
| Group Debtors | ||
| Misc Debtors | 82,000 | 1,000 |
| Cash | 108,000 | |
| misc current assets | ||
| total current assets | 190,000 | 1,000 |
| total assets | 1,351,000 | 54,000 |
| Bank overdraft | ||
| Bank loan | ||
| Trade Creditors | 143,000 | 5,000 |
| Group/Directors Accounts | 862,000 | 53,000 |
| other short term finances | 3,000 | |
| hp & lease commitments | ||
| other current liabilities | 11,000 | |
| total current liabilities | 1,019,000 | 58,000 |
| loans | 352,000 | |
| hp & lease commitments | ||
| Accruals and Deferred Income | ||
| other liabilities | ||
| provisions | 144,000 | |
| total long term liabilities | 496,000 | |
| total liabilities | 1,515,000 | 58,000 |
| net assets | -164,000 | -4,000 |
| total shareholders funds | -164,000 | -4,000 |
| Dec 2023 | Dec 2022 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | -12,000 | -4,000 |
| Depreciation | 29,000 | |
| Amortisation | 2,000 | |
| Tax | -144,000 | |
| Stock | ||
| Debtors | 81,000 | 1,000 |
| Creditors | 138,000 | 5,000 |
| Accruals and Deferred Income | 11,000 | |
| Deferred Taxes & Provisions | 144,000 | |
| Cash flow from operations | 87,000 | |
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | ||
| cash flow from investments | ||
| Financing Activities | ||
| Bank loans | ||
| Group/Directors Accounts | 809,000 | 53,000 |
| Other Short Term Loans | 3,000 | |
| Long term loans | 352,000 | |
| Hire Purchase and Lease Commitments | ||
| other long term liabilities | ||
| share issue | ||
| interest | -4,000 | |
| cash flow from financing | 1,160,000 | 53,000 |
| cash and cash equivalents | ||
| cash | 108,000 | |
| overdraft | ||
| change in cash | 108,000 |
kensington meter assets ltd Credit Report and Business Information
Kensington Meter Assets Ltd Competitor Analysis
Perform a competitor analysis for kensington meter assets ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in NG8 area or any other competitors across 12 key performance metrics.
kensington meter assets ltd Ownership
KENSINGTON METER ASSETS LTD group structure
Kensington Meter Assets Ltd has no subsidiary companies.
Ultimate parent company
2 parents
KENSINGTON METER ASSETS LTD
14306708
kensington meter assets ltd directors
Kensington Meter Assets Ltd currently has 5 directors. The longest serving directors include Mr Paul Rawson (Aug 2022) and Mr Baljit Kalar (Aug 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Paul Rawson | England | 49 years | Aug 2022 | - | Director |
| Mr Baljit Kalar | England | 49 years | Aug 2022 | - | Director |
| Mr Robin Paynter Bryant | United Kingdom | 64 years | Jul 2024 | - | Director |
| Mr Anthony Perkins | United Kingdom | 66 years | Jul 2024 | - | Director |
| Mr John Glasgow | 62 years | Jul 2024 | - | Director |
P&L
December 2023turnover
77k
0%
operating profit
-12k
+200%
gross margin
48.3%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-164k
+40%
total assets
1.4m
+24.02%
cash
108k
0%
net assets
Total assets minus all liabilities
Similar Companies
kensington meter assets ltd company details
company number
14306708
Type
Private limited with Share Capital
industry
77390 - Renting and leasing of other machinery, equipment and tangible goods n.e.c.
incorporation date
August 2022
age
3
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
BATES WESTON AUDIT LTD
address
2 horizon place, nottingham business park, nottingham, NG8 6PY
Bank
-
Legal Advisor
-
kensington meter assets 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 1 charges/mortgages relating to kensington meter assets ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
kensington meter assets ltd 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 KENSINGTON METER ASSETS LTD. This can take several minutes, an email will notify you when this has completed.
kensington meter assets ltd Companies House Filings - See Documents
| date | description | view/download |
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