KENSINGTON FRANCE LOGISTICS PROPCO II SNC : revenue, balance sheet and financial ratios

KENSINGTON FRANCE LOGISTICS PROPCO II SNC is a French company founded 10 years ago, specialized in the sector Location de terrains et d'autres biens immobiliers. Based in PARIS (75008), this company of category ETI shows in 2024 a revenue of 6.0 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-05-09

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - KENSINGTON FRANCE LOGISTICS PROPCO II SNC (SIREN 814276424)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 5 974 155 € 5 612 865 € 5 311 578 € 4 866 217 € 4 802 539 € 4 429 880 € 4 620 676 € 2 425 415 € 2 119 793 €
Net income 1 631 376 € 1 858 410 € 1 705 601 € 1 872 760 € 817 122 € -688 669 € 22 522 € -3 656 654 € -6 713 517 €
EBITDA 3 538 772 € 3 792 628 € 3 546 961 € 3 151 823 € 3 075 986 € 2 866 194 € 1 741 187 € 377 857 € -73 472 €
Net margin 27.3% 33.1% 32.1% 38.5% 17.0% -15.5% 0.5% -150.8% -316.7%

Revenue and income statement

In 2024, KENSINGTON FRANCE LOGISTICS PROPCO II SNC achieves revenue of 6.0 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +13.8%. Vs 2023: +6%. After deducting consumption (0 €), gross margin stands at 6.0 M€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 3.5 M€, representing 59.2% of revenue. Warning negative scissor effect: despite revenue change (+6%), EBITDA varies by -7%, reducing margin by 8.3 pts. This reflects costs rising faster than revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 1.6 M€, i.e. 27.3% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

5 974 155 €

Gross margin (2024) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

5 974 155 €

EBITDA (2024) ?
Gross Operating Surplus (EBITDA)
Definition
Resources generated by current operations, before depreciation and financial expenses.
Formula
Value added - Personnel expenses - Taxes
Interpretation
Positive = profitable activity

3 538 772 €

EBIT (2024) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

2 322 612 €

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

1 631 376 €

EBITDA margin (2024) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

59.2%

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Chart evolution

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Assets

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Liabilities

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Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 103%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 47%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 6.6 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 47.7% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

Debt ratio (2024) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

103.029%

Financial autonomy (2024) ?
Financial autonomy
Definition
Share of equity in the company's total financing.
Formula
(Equity / Total assets) x 100
Interpretation
> 30% : Good autonomy
20-30% : Average
< 20% : Low

46.552%

Cash flow / Revenue (2024) ?
Cash flow / Revenue
Definition
Self-financing capacity relative to revenue.
Formula
(CAF / CA) x 100
Interpretation
The higher the ratio, the more cash the company generates

47.74%

Repayment capacity (2024) ?
Repayment capacity
Definition
Number of years needed to repay debts with cash flow.
Formula
Financial debt / Cash flow
Interpretation
< 3 years : Excellent
3-5 years : Fair
> 5 years : Warning

6.635

Asset age ratio (2024) ?
Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Interpretation
< 50% : Recent assets
50-70% : Normal wear
> 70% : Aging assets

59.3%

Solvency indicators evolution
KENSINGTON FRANCE LOGISTICS PROPCO II SNC

Sector positioning

Debt ratio
103.03 2024
2022
2023
2024
Q1: -20.62
Med: 5.98
Q3: 146.83
Average

In 2024, the debt ratio of KENSINGTON FRANCE LOGISTI... (103.03) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.

Financial autonomy
46.55% 2024
2022
2023
2024
Q1: 0.04%
Med: 27.47%
Q3: 73.82%
Good +9 pts over 3 years

In 2024, the financial autonomy of KENSINGTON FRANCE LOGISTI... (46.5%) ranks above the median of the sector. This ratio represents the share of equity in total financing. This comfortable position offers an appreciable safety margin.

Repayment capacity
6.63 years 2024
2022
2023
2024
Q1: -0.02 years
Med: 0.65 years
Q3: 10.57 years
Average

In 2024, the repayment capacity of KENSINGTON FRANCE LOGISTI... (6.63) ranks above the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A reduction effort could improve financial strength.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 1581.73. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months. The interest coverage ratio (= EBIT / Interest expenses) is 32.4x. Operating income very largely covers interest expenses: high safety margin.

Liquidity ratio (2024) ?
Liquidity ratio
Definition
Ability to meet short-term debts with current assets.
Formula
Current assets / Current liabilities
Interpretation
> 1.5 : Very good
1-1.5 : Fair
< 1 : Liquidity risk

1581.735

Interest coverage (2024) ?
Interest coverage
Definition
Ability to cover interest charges with operating income.
Formula
EBIT / Interest expenses
Interpretation
> 3 : Comfortable
1.5-3 : Acceptable
< 1.5 : Risk

32.387

Liquidity indicators evolution
KENSINGTON FRANCE LOGISTICS PROPCO II SNC

Sector positioning

Liquidity ratio
1581.73 2024
2022
2023
2024
Q1: 83.33
Med: 307.99
Q3: 1318.25
Excellent

In 2024, the liquidity ratio of KENSINGTON FRANCE LOGISTI... (1581.73) ranks in the top 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio above 1 ensures comfortable coverage of short-term maturities.

Interest coverage
32.39x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.0x
Q3: 20.04x
Excellent

In 2024, the interest coverage of KENSINGTON FRANCE LOGISTI... (32.4x) ranks in the top 25% of the sector. This ratio indicates how many times operating income covers interest expenses. High coverage means financial charges weigh little on profitability.

Working capital requirement (WCR) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 80 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 54 days. The company must finance 26 days of gap between collections and payments. Overall, WCR represents 635 days of revenue, i.e. 10.5 M€ to permanently finance. Over 2016-2024, WCR increased by +531%, requiring additional financing.

Operating WCR (2024) ?
Operating WCR
Definition
Financing requirement generated by the operating cycle (inventory + receivables - trade payables).
Formula
Inventory + Customer receivables - Trade payables
Interpretation
Negative = cash released
Positive = financing needed

10 530 105 €

Customer credit (2024) ?
Customer credit (days)
Definition
Average payment term granted to customers.
Formula
(Customer receivables / Revenue incl. VAT) x 360
Interpretation
< 45j : Good
45-60j : Average
> 60j : Long

80 j

Supplier credit (2024) ?
Supplier credit (days)
Definition
Average payment term obtained from suppliers.
Formula
(Trade payables / Purchases incl. VAT) x 360
Interpretation
The longer the term, the better for cash flow

54 j

Inventory turnover (2024) ?
Inventory turnover (days)
Definition
Average storage duration for goods or materials.
Formula
(Inventory / Cost of goods) x 360
Interpretation
The lower the ratio, the faster the turnover

0 j

WCR in days of revenue (2024) ?
WCR in days of revenue
Definition
Expresses working capital requirement in days of revenue.
Formula
(Operating WCR / Revenue) x 360
Interpretation
The fewer days, the better the working capital management

635 j

WCR and payment terms evolution
KENSINGTON FRANCE LOGISTICS PROPCO II SNC

Positioning of KENSINGTON FRANCE LOGISTICS PROPCO II SNC in its sector

Comparison with sector Location de terrains et d'autres biens immobiliers

Valuation estimate

Based on 169 transactions of similar company sales in 2024, the value of KENSINGTON FRANCE LOGISTICS PROPCO II SNC is estimated at 13 577 279 € (range 3 843 708€ - 24 414 729€). With an EBITDA of 3 538 772€, the sector multiple of 5.6x is applied. The price/revenue ratio is 0.81x (in line with sector norms). This multiples method compares the actual sale price of similar companies to their financial indicators (Revenue, EBITDA, Net Income). It provides a market-based indicative estimate.

Estimated enterprise value 2024
169 transactions
3843k€ 13577k€ 24414k€
13 577 279 € Range: 3 843 708€ - 24 414 729€
NAF 5 année 2024

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
3 538 772 € × 5.6x
Estimation 19 816 513 €
5 245 561€ - 35 370 035€
Revenue Multiple 30%
5 974 155 € × 0.81x
Estimation 4 818 918 €
1 841 462€ - 8 986 105€
Net Income Multiple 20%
1 631 376 € × 6.8x
Estimation 11 116 736 €
3 342 449€ - 20 169 401€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 169 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.

  • EBITDA Multiple: Preferred method for profitable SMEs. EBITDA reflects the ability to generate cash.
  • Revenue Multiple: Used for growing companies or those with low profitability. Reflects commercial potential.
  • Net Income Multiple: Relevant for mature companies with stable results.

This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).

Similar companies (Location de terrains et d'autres biens immobiliers)

Compare KENSINGTON FRANCE LOGISTICS PROPCO II SNC with other companies in the same sector:

Voir toutes les statistiques du secteur Location de terrains et d'autres biens immobiliers

Frequently asked questions about KENSINGTON FRANCE LOGISTICS PROPCO II SNC

What is the revenue of KENSINGTON FRANCE LOGISTICS PROPCO II SNC ?

The revenue of KENSINGTON FRANCE LOGISTICS PROPCO II SNC in 2024 is 6.0 M€.

Is KENSINGTON FRANCE LOGISTICS PROPCO II SNC profitable?

Yes, KENSINGTON FRANCE LOGISTICS PROPCO II SNC generated a net profit of 1.6 M€ in 2024.

Where is the headquarters of KENSINGTON FRANCE LOGISTICS PROPCO II SNC ?

The headquarters of KENSINGTON FRANCE LOGISTICS PROPCO II SNC is located in PARIS (75008), in the department Paris.

Where to find the tax return of KENSINGTON FRANCE LOGISTICS PROPCO II SNC ?

The tax return of KENSINGTON FRANCE LOGISTICS PROPCO II SNC is available on this page. Click on a year in the 'Data by year' section to view the account details (assets, liabilities, income statement). Data comes from INPI (National Institute of Industrial Property).

In which sector does KENSINGTON FRANCE LOGISTICS PROPCO II SNC operate?

KENSINGTON FRANCE LOGISTICS PROPCO II SNC operates in the sector Location de terrains et d'autres biens immobiliers (NAF code 68.20B). See the 'Sector positioning' section above to compare the company with its competitors.