Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Registered Address
12 cromac place, belfast, BT7 2JB
Website
-
kb developments limitedEstimated Valuation
£62.4k
Pomanda estimates the enterprise value of KB DEVELOPMENTS LIMITED at £62.4k based on a Turnover of £78.6k and 0.79x industry multiple (adjusted for size and gross margin).
kb developments limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of KB DEVELOPMENTS LIMITED at £0 based on an EBITDA of £0 and a 3.35x industry multiple (adjusted for size and gross margin).
kb developments limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of KB DEVELOPMENTS LIMITED at £0 based on Net Assets of £-9k and 1.27x industry multiple (adjusted for liquidity).
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Kb Developments LimitedOverview
Kb Developments Limited is a live company located in belfast, BT7 2JB with a Companies House number of NI666461. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in December 2019, it's largest shareholder is
brian martin mccracken
with a 50% stake. Kb Developments Limited is a young,
micro sized company, Pomanda has estimated its turnover at
£78.6k with
declining
growth in recent years.
Pomanda's financial health check has awarded Kb Developments Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
Health Rating1out of 5
1 Strong
1 Regular
7 Weak
Size
annual sales of £78.6k, make it smaller than the average company (£18.9m)
£78.6k - Kb Developments Limited
£18.9m - Industry AVG
Growth
3 year (CAGR) sales growth of -21%, show it is growing at a slower rate (10.5%)
-21% - Kb Developments Limited
10.5% - Industry AVG
Production
with a gross margin of 21.4%, this company has a higher cost of product (36.3%)
21.4% - Kb Developments Limited
36.3% - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- - Kb Developments Limited
- - Industry AVG
Employees
with 2 employees, this is below the industry average (104)
2 - Kb Developments Limited
104 - Industry AVG
Pay Structure
on an average salary of £44.7k, the company has an equivalent pay structure (£44.7k)
£44.7k - Kb Developments Limited
£44.7k - Industry AVG
Efficiency
resulting in sales per employee of £39.3k, this is less efficient (£190.7k)
£39.3k - Kb Developments Limited
£190.7k - Industry AVG
Debtor Days
it gets paid by customers after 4 days, this is earlier than average (45 days)
4 days - Kb Developments Limited
45 days - Industry AVG
Creditor Days
its suppliers are paid after 32 days, this is quicker than average (44 days)
32 days - Kb Developments Limited
44 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Kb Developments Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Kb Developments Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 698.7%, this is a higher level of debt than the average (69.7%)
698.7% - Kb Developments Limited
69.7% - Industry AVG
KB DEVELOPMENTS LIMITED financials
EXPORT
Kb Developments Limited's latest turnover from December 2023 is estimated at £78.6 thousand and the company has net assets of -£9 thousand. According to their latest financial statements, Kb Developments Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Turnover
78,590
72,332
166,372
162,030
Other Income Or Grants
Cost Of Sales
61,791
57,157
133,039
130,632
Gross Profit
16,800
15,175
33,333
31,398
Admin Expenses
16,800
-63,613
-85,192
-22,597
Operating Profit
78,788
118,525
53,995
Interest Payable
87,828
115,563
56,395
Interest Receivable
Pre-Tax Profit
-9,040
2,963
-2,400
Tax
-563
Profit After Tax
-9,040
2,400
-2,400
Dividends Paid
Retained Profit
-9,040
2,400
-2,400
Employee Costs
89,427
83,634
79,391
77,085
Number Of Employees
2
2
2
2
EBITDA*
78,788
118,525
53,995
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Tangible Assets
510
510
Intangible Assets
Investments & Other
510
510
Debtors (Due After 1 year)
Total Fixed Assets
510
510
510
510
Stock & work in progress
Trade Debtors
1,000
1,000
Group Debtors
1,849,490
2,043,739
Misc Debtors
Cash
misc current assets
total current assets
1,000
1,000
1,849,490
2,043,739
total assets
1,510
1,510
1,850,000
2,044,249
Bank overdraft
Bank loan
Trade Creditors
5,550
5,550
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
196,649
total current liabilities
5,550
5,550
196,649
loans
1,849,000
1,849,000
hp & lease commitments
Accruals and Deferred Income
5,000
5,000
other liabilities
provisions
total long term liabilities
5,000
5,000
1,849,000
1,849,000
total liabilities
10,550
10,550
1,849,000
2,045,649
net assets
-9,040
-9,040
1,000
-1,400
total shareholders funds
-9,040
-9,040
1,000
-1,400
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Operating Activities
Operating Profit
78,788
118,525
53,995
Depreciation
Amortisation
Tax
-563
Stock
Debtors
-1,848,490
-194,249
2,043,739
Creditors
5,550
Accruals and Deferred Income
5,000
-196,649
196,649
Deferred Taxes & Provisions
Cash flow from operations
1,937,828
115,562
-1,793,095
Investing Activities
capital expenditure
-510
Change in Investments
-510
510
cash flow from investments
-510
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
-1,849,000
1,849,000
Hire Purchase and Lease Commitments
other long term liabilities
share issue
-1,000
1,000
interest
-87,828
-115,563
-56,395
cash flow from financing
-1,937,828
-115,563
1,793,605
cash and cash equivalents
cash
overdraft
change in cash
kb developments limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for kb developments limited. Get real-time insights into kb developments limited's credit score, group structure and payment trends.
Perform a competitor analysis for kb developments limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in BT7 area or any other competitors across 12 key performance metrics.
kb developments limited Ownership
KB DEVELOPMENTS LIMITED group structure
Kb Developments Limited has no subsidiary companies.
Ultimate parent company
KB DEVELOPMENTS LIMITED
NI666461
KB DEVELOPMENTS LIMITED Shareholders
The largest shareholders in Kb Developments Limited include Brian Martin Mccracken and Katrina Ann Mccracken.
brian martin mccracken
50%
katrina ann mccracken
50%
kb developments limited directors
Kb Developments Limited currently has 2 directors.
The longest serving directors include
Mrs Katrina McCracken (Dec 2019) and
Mr Brian McCracken (Dec 2019).
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
incorporation date
December 2019
age
6
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
12 cromac place, belfast, BT7 2JB
Bank
-
Legal Advisor
-
kb developments 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 kb developments limited.
kb developments 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.
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kb developments limitedCompanies House Filings - See Documents
