Kite Packaging

Kite Packaging was founded from scratch in 2001 with a unique vision - To be the premier packaging supplier in the UK with a philosophy of employee-ownership. At Kite we believe that “customer satisfaction matters so much more when you own the business”, and so, from the moment Kite Packaging was founded, we established it as an employee owned business so that every single employee could share in the benefits that come from giving great customer service. Our belief in employee ownership is a key founding principle of Kite Packaging because at the heart of every good long term relationship there has to be a sense of partnership. With our employee partners, our customer partners and our supplier partners there is the simple truth that what is in the long term good of one has to be in the long term good of the other. This has allowed us to invest in our business to build a truly great platform from which to service our customers, support our suppliers and grow our employees. From our earliest days Kite has not only offered its employees the opportunity to become owners, it has been a place where we have nurtured and grown our own talent. When we were less than 1 year old we started our first graduate programme and apprentice scheme and have continued to run both programmes all the way up to the present day. Since 2001, and with our vision at the forefront of everything we do, Kite has grown quickly to be one of the largest distributors in the UK. We now have 6 sites around the UK which are fully integrated into our national and international supply chain, ensuring that we can deliver the right product on time, at the right price, every time. As the business has grown, we have made sure that no customer is left behind – supplying stock product and basic packaging equipment through our website, and offering a bespoke service to large packaging users, and those who need specialist solutions. Whatever problem or issue you may have, when it comes to packaging, Kite is here to help.
Company Growth (employees)
Type
Private
HQ
Coventry, GB
Founded
2001
Size (employees)
129 (est)+5%
Kite Packaging was founded in 2001 and is headquartered in Coventry, GB

Kite Packaging Office Locations

Kite Packaging has an office in Coventry
Coventry, GB (HQ)
186 Torrington Ave

Kite Packaging Data and Metrics

Summary Metrics

Founding Date

2001

Kite Packaging Financial Metrics

Kite Packaging's revenue was reported to be £51.9 m in FY, 2016 which is a 6% increase from the previous period.
GBP

Revenue (FY, 2016)

51.9 m

Revenue growth (FY, 2015 - FY, 2016), %

11%

Gross profit (FY, 2016)

12.5 m

Gross profit margin (FY, 2016), %

24%

Net income (FY, 2016)

2.5 m

Cash (31-Dec-2016)

758 k
GBPFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

35.5 m41.3 m49.1 m51.9 m

Revenue growth, %

16%19%11%

Cost of goods sold

26.5 m30.7 m36.3 m39.3 m

Gross profit

9 m10.6 m12.8 m12.5 m

Gross profit Margin, %

25%26%26%24%

Operating expense total

6.3 m7.9 m9.6 m9.2 m

Pre tax profit

2.3 m2.4 m2.4 m3.2 m

Net Income

1.7 m1.8 m1.9 m2.5 m
GBPFY, 2013FY, 2014FY, 2015FY, 2016

Cash

1.2 m928 k296 k758 k

Accounts Receivable

6.6 m7.4 m8.4 m8.8 m

Current Assets

10.9 m13.4 m13.1 m14.5 m

PP&E

783 k1.1 m4.7 m2.1 m

Goodwill

2 m1.8 m1.8 m2.3 m

Total Assets

13.7 m16.3 m19.6 m18.8 m

Accounts Payable

6.1 m6.9 m8.4 m8.2 m

Current Liabilities

8.5 m9.6 m10.8 m11.9 m

Total Liabilities

8.5 m9.6 m10.8 m11.9 m

Retained Earnings

1.2 m1.4 m1.9 m(1.9 m)

Total Equity

5.3 m6.7 m8.8 m7 m

Financial Leverage

2.6 x2.4 x2.2 x2.7 x
GBPFY, 2013FY, 2014FY, 2015FY, 2016

Income Taxes Paid

(623 k)(557 k)(482 k)(648 k)
GBPY, 2016

Revenue/Employee

488.1 k

Financial Leverage

2.7 x

Traffic Overview of Kite Packaging

Kite Packaging Online and Social Media Presence

Kite Packaging Company Life and Culture

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