Kone (ni) Limited

POWER SEARCH PRICING

SOLUTIONS

kone (ni) limited Company Information

Live

MatureMidDeclining

Company Number

NI003522

Next Accounts

Sep 2025

Industry

Other construction installation

Directors

William Adair

Lorraine Wall

Shareholders

kone plc

Group Structure

View All

Contact

Registered Address

unit b2 19 heron road, sydenham business park belfast, northern ireland, BT3 9LE

Website

http://kone.ie

kone (ni) limited Estimated Valuation

£3.7m

Pomanda estimates the enterprise value of KONE (NI) LIMITED at £3.7m based on a Turnover of £5.4m and 0.67x industry multiple (adjusted for size and gross margin).

Edit your figures and get a professional valuation report.

Kone (ni) Limited is a live company located in sydenham business park belfast, BT3 9LE with a Companies House number of NI003522. It operates in the other construction installation sector, SIC Code 43290. Founded in April 1955, it's largest shareholder is kone plc with a 100% stake. Kone (ni) Limited is a mature, mid sized company, Pomanda has estimated its turnover at £5.4m with declining growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Kone (Ni) Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 8 areas for improvement. Company Health Check FAQs

Health Rating2out of 5

4 Strong

0 Regular

8 Weak

Size

annual sales of £5.4m, make it larger than the average company (£2.2m)

Growth

3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (8.5%)

EXPORT

Kone (Ni) Limited's latest turnover from December 2023 is £5.4 million and the company has net assets of £685.5 thousand. According to their latest financial statements, Kone (Ni) Limited has 35 employees and maintains cash reserves of £4.6 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009
Turnover	5,430,919	5,812,268	4,731,929	5,724,130	6,841,483	7,990,133	7,414,938	6,204,429	5,986,132	5,299,312	4,953,528	5,389,309	8,440,064	6,311,344	8,232,452
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	3,517,604	3,556,499	2,986,025	3,787,840	4,405,599	5,621,502	5,288,320	4,079,091	3,764,253	3,165,000	2,858,417	3,253,065	5,685,293	3,768,664	4,670,838
Gross Profit	1,913,315	2,255,769	1,745,904	1,936,290	2,435,884	2,368,631	2,126,618	2,125,338	2,221,879	2,134,312	2,095,111	2,136,244	2,754,771	2,542,680	3,561,614
Admin Expenses	1,973,398	1,873,206	1,291,462	1,650,088	2,068,677	2,071,548	1,853,646	1,814,792	1,923,023	1,864,859	1,856,737	1,847,105	2,185,040	2,294,177	2,662,230
Operating Profit	-60,083	382,563	454,442	286,202	367,207	297,083	272,972	310,546	298,856	269,453	238,374	289,139	569,731	248,503	899,384
Interest Payable	17,665	12,351	10,942	4,335	7,922	2,000	2,326	1,887	2,214	2,103	1,970	2,025	3,016	2,715	2,537
Interest Receivable	80,294	22,791	867	4,376	7,762	4,776	3,187	20,889	31,126	2,834	2,559	694	12,764	14,095	27,561
Pre-Tax Profit	2,546	393,003	444,367	286,243	367,047	298,342	274,132	329,548	327,768	270,184	238,963	287,808	579,479	259,883	924,408
Tax	-146,787	-35,293	-85,271	-50,460	-64,834	-61,385	-85,662	-56,456	-72,495	-62,745	-69,087	-50,920	-128,199	-46,183	-336,536
Profit After Tax	-144,241	357,710	359,096	235,783	302,213	236,957	188,470	273,092	255,273	207,439	169,876	236,888	451,280	213,700	587,872
Dividends Paid	300,000	750,000	0	0	0	0	220,000	200,000	200,000	150,000	225,000	400,000	2,145,000	0	0
Retained Profit	-444,241	-392,290	359,096	235,783	302,213	236,957	-31,530	73,092	55,273	57,439	-55,124	-163,112	-1,693,720	213,700	587,872
Employee Costs	2,434,283	2,460,575	2,757,367	1,862,850	2,187,840	2,718,987	2,350,012	2,253,914	2,159,539	2,145,943	2,175,484	2,234,174	2,175,913	2,220,266	2,414,154
Number Of Employees	35	37	43	46	51	52	48	46	46	48	51	54	54	56	63
EBITDA*	79,020	515,775	589,755	402,356	507,017	313,563	285,296	318,429	306,513	280,645	256,758	308,545	596,651	270,543	920,564

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009
Tangible Assets	14,714	17,247	616,316	62,360	180,542	38,088	32,438	14,744	17,159	17,856	29,048	43,056	57,267	84,187	82,092
Intangible Assets	410,845	532,767	0	0	0	0	0	0	0	0	0	0	0	0	0
Investments & Other	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	425,559	550,014	616,316	62,360	180,542	38,088	32,438	14,744	17,159	17,856	29,048	43,056	57,267	84,187	82,092
Stock & work in progress	68,328	45,659	294,547	68,792	68,846	123,044	323,516	257,687	197,623	278,823	387,061	197,841	565,247	532,174	546,312
Trade Debtors	1,377,848	1,490,472	2,232,437	1,533,450	1,538,004	2,838,138	2,123,294	2,345,863	1,442,235	1,080,651	1,178,421	1,195,783	1,881,837	2,299,033	2,697,185
Group Debtors	1,849,458	1,368,706	1,097,288	0	0	0	887,674	0	648,919	229,328	771,940	308,250	197,797	2,324,458	1,777,205
Misc Debtors	286,407	402,112	628,605	1,919,973	1,305,781	0	172,317	0	97,061	73,738	27,876	30,358	41,101	41,644	154,398
Cash	4,610	43,844	6,847	456,798	823,270	575,656	697,971	576,860	365,117	324,605	265,367	157,837	532,628	202,170	142,918
misc current assets	0	339,438	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	3,586,651	3,690,231	4,259,724	3,979,013	3,735,901	3,924,598	4,394,966	3,180,410	2,750,955	1,987,145	2,630,665	1,890,069	3,218,610	5,399,479	5,318,018
total assets	4,012,210	4,240,245	4,876,040	4,041,373	3,916,443	3,962,686	4,427,404	3,195,154	2,768,114	2,005,001	2,659,713	1,933,125	3,275,877	5,483,666	5,400,110
Bank overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Bank loan	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	57,686	22,448	194,531	996,660	181,049	74,393	428,461	206,232	162,837	174,316	114,709	97,657	207,902	265,588	312,158
Group/Directors Accounts	109,553	0	635,948	0	0	0	775,215	365,007	618,189	196,384	602,167	186,046	772,481	347,977	1,144,342
other short term finances	0	0	0	0	0	324,932	0	0	0	0	0	0	0	0	0
hp & lease commitments	131,540	128,742	114,979	31,427	102,999	0	0	0	0	0	0	0	0	0	0
other current liabilities	2,613,037	2,346,732	1,925,842	1,764,452	2,570,727	0	3,017,555	2,048,177	1,632,312	1,334,798	1,700,773	1,352,234	1,835,194	2,712,360	1,998,599
total current liabilities	2,911,816	2,497,922	2,871,300	2,792,539	2,854,775	3,135,402	3,796,905	2,619,416	2,413,338	1,705,498	2,417,649	1,635,937	2,815,577	3,325,925	3,455,099
loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	286,911	409,816	480,823	7,035	38,797	0	0	0	0	0	0	0	0	0	0
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other liabilities	128,016	164,551	37	0	0	0	0	0	0	0	0	0	0	0	0
provisions	0	0	0	0	0	0	0	0	0	0	0	0	0	3,721	4,691
total long term liabilities	414,927	574,367	480,860	7,035	38,797	0	0	0	0	0	0	0	0	3,721	4,691
total liabilities	3,326,743	3,072,289	3,352,160	2,799,574	2,893,572	3,135,402	3,796,905	2,619,416	2,413,338	1,705,498	2,417,649	1,635,937	2,815,577	3,329,646	3,459,790
net assets	685,467	1,167,956	1,523,880	1,241,799	1,022,871	827,284	630,499	575,738	354,776	299,503	242,064	297,188	460,300	2,154,020	1,940,320
total shareholders funds	685,467	1,167,956	1,523,880	1,241,799	1,022,871	827,284	630,499	575,738	354,776	299,503	242,064	297,188	460,300	2,154,020	1,940,320

	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009
Operating Activities
Operating Profit	-60,083	382,563	454,442	286,202	367,207	297,083	272,972	310,546	298,856	269,453	238,374	289,139	569,731	248,503	899,384
Depreciation	139,103	133,212	135,313	116,154	139,810	16,480	12,324	7,883	7,657	11,192	18,384	19,406	26,920	22,040	21,180
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	-146,787	-35,293	-85,271	-50,460	-64,834	-61,385	-85,662	-56,456	-72,495	-62,745	-69,087	-50,920	-128,199	-46,183	-336,536
Stock	22,669	-248,888	225,755	-54	-54,198	-200,472	65,829	60,064	-81,200	-108,238	189,220	-367,406	33,073	-14,138	546,312
Debtors	252,423	-697,040	504,907	609,638	5,647	-357,147	849,422	157,648	804,498	-594,520	443,846	-586,344	-2,544,400	36,347	4,628,788
Creditors	35,238	-172,083	-802,129	815,611	106,656	-354,068	222,229	43,395	-11,479	59,607	17,052	-110,245	-57,686	-46,570	312,158
Accruals and Deferred Income	266,305	420,890	161,390	-806,275	2,570,727	-3,017,555	969,378	415,865	297,514	-365,975	348,539	-482,960	-877,166	713,761	1,998,599
Deferred Taxes & Provisions	0	0	0	0	0	0	0	0	0	0	0	0	-3,721	-970	4,691
Cash flow from operations	-41,316	1,675,217	-866,917	-248,352	3,168,117	-2,561,826	475,990	503,521	-203,245	614,290	-79,804	618,170	2,041,206	868,372	-2,275,624
Investing Activities
capital expenditure	-14,648	-66,910	-689,269	2,028	-282,264	-22,130	-30,018	-5,468	-6,960	0	-4,376	-5,195	0	-24,135	-103,272
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	-14,648	-66,910	-689,269	2,028	-282,264	-22,130	-30,018	-5,468	-6,960	0	-4,376	-5,195	0	-24,135	-103,272
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	109,553	-635,948	635,948	0	0	-775,215	410,208	-253,182	421,805	-405,783	416,121	-586,435	424,504	-796,365	1,144,342
Other Short Term Loans	0	0	0	0	-324,932	324,932	0	0	0	0	0	0	0	0	0
Long term loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Hire Purchase and Lease Commitments	-120,107	-57,244	557,340	-103,334	141,796	0	0	0	0	0	0	0	0	0	0
other long term liabilities	-36,535	164,514	37	0	0	0	0	0	0	0	0	0	0	0	0
share issue	-38,248	36,366	-77,015	-16,855	-106,626	-40,172	86,291	147,870	0	0	0	0	0	0	1,352,448
interest	62,629	10,440	-10,075	41	-160	2,776	861	19,002	28,912	731	589	-1,331	9,748	11,380	25,024
cash flow from financing	-22,708	-481,872	1,106,235	-120,148	-289,922	-487,679	497,360	-86,310	450,717	-405,052	416,710	-587,766	434,252	-784,985	2,521,814
cash and cash equivalents
cash	-39,234	36,997	-449,951	-366,472	247,614	-122,315	121,111	211,743	40,512	59,238	107,530	-374,791	330,458	59,252	142,918
overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	-39,234	36,997	-449,951	-366,472	247,614	-122,315	121,111	211,743	40,512	59,238	107,530	-374,791	330,458	59,252	142,918

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for kone (ni) limited. Get real-time insights into kone (ni) limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for kone (ni) limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other mid companies, companies in BT3 area or any other competitors across 12 key performance metrics.

KONE (NI) LIMITED group structure

Kone (Ni) Limited has no subsidiary companies.

Ultimate parent company

KONE OYJ

#0040812

KONE PUBLIC LIMITED COMPANY

01372978

2 parents

KONE (NI) LIMITED

NI003522

KONE (NI) LIMITED Shareholders

kone plc

100%

Kone (Ni) Limited currently has 2 directors. The longest serving directors include Mr William Adair (May 2000) and Ms Lorraine Wall (Sep 2013).

officer	country	age	start	end	role
Mr William Adair	Northern Ireland	57 years	May 2000	-	Director
Ms Lorraine Wall	Ireland	54 years	Sep 2013	-	Director

P&L

December 2023

turnover

5.4m

-7%

operating profit

-60.1k

-116%

gross margin

35.3%

-9.23%

turnover

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

Balance Sheet

December 2023

net assets

685.5k

-0.41%

total assets

-0.05%

cash

4.6k

-0.89%

net assets

Total assets minus all liabilities

Similar Companies

r h irving industrials limited

act construction (uk) ltd.

3.5

all pipe engineering limited

briggs homes limited

2.5

levertech aviation services limited

3.5

company number

NI003522

Type

Private limited with Share Capital

industry

43290 - Other construction installation

incorporation date

April 1955

ultimate parent company

KONE OYJ

previous names

adair bros limited (December 2002)

address

unit b2 19 heron road, sydenham business park belfast, northern ireland, BT3 9LE

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 4 charges/mortgages relating to kone (ni) limited. Currently there are 4 open charges and 0 have been satisfied in the past.

kone (ni) limited Company Information

kone (ni) limited Estimated Valuation

kone (ni) limited Estimated Valuation

kone (ni) limited Estimated Valuation

Kone (ni) Limited Overview

Kone (ni) Limited Health Check

KONE (NI) LIMITED financials

kone (ni) limited Credit Report and Business Information

Kone (ni) Limited Competitor Analysis

kone (ni) limited Ownership

kone (ni) limited directors

kone (ni) limited company details

kone (ni) limited Charges & Mortgages

kone (ni) limited Companies House Filings - See Documents