j.c. atkinson and son limited

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j.c. atkinson and son limited Company Information

Share J.C. ATKINSON AND SON LIMITED

Company Number

00877451

Shareholders

newable atkinson limited

Group Structure

View All

Industry

Funeral and related activities

 

Registered Address

j c atkinson & son sedling road, wear industrial estate, washington, tyne and wear, NE38 9BZ

j.c. atkinson and son limited Estimated Valuation

£11.3m

Pomanda estimates the enterprise value of J.C. ATKINSON AND SON LIMITED at £11.3m based on a Turnover of £16.4m and 0.69x industry multiple (adjusted for size and gross margin).

j.c. atkinson and son limited Estimated Valuation

£5.6m

Pomanda estimates the enterprise value of J.C. ATKINSON AND SON LIMITED at £5.6m based on an EBITDA of £1.2m and a 4.52x industry multiple (adjusted for size and gross margin).

j.c. atkinson and son limited Estimated Valuation

£26.3m

Pomanda estimates the enterprise value of J.C. ATKINSON AND SON LIMITED at £26.3m based on Net Assets of £9m and 2.92x industry multiple (adjusted for liquidity).

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J.c. Atkinson And Son Limited Overview

J.c. Atkinson And Son Limited is a live company located in washington, NE38 9BZ with a Companies House number of 00877451. It operates in the funeral and related activities sector, SIC Code 96030. Founded in April 1966, it's largest shareholder is newable atkinson limited with a 100% stake. J.c. Atkinson And Son Limited is a mature, mid sized company, Pomanda has estimated its turnover at £16.4m with low growth in recent years.

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J.c. Atkinson And Son Limited Health Check

Pomanda's financial health check has awarded J.C. Atkinson And Son Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

4 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £16.4m, make it larger than the average company (£1.8m)

£16.4m - J.c. Atkinson And Son Limited

£1.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (4.1%)

1% - J.c. Atkinson And Son Limited

4.1% - Industry AVG

production

Production

with a gross margin of 33.6%, this company has a higher cost of product (54.6%)

33.6% - J.c. Atkinson And Son Limited

54.6% - Industry AVG

profitability

Profitability

an operating margin of 4.9% make it less profitable than the average company (9.9%)

4.9% - J.c. Atkinson And Son Limited

9.9% - Industry AVG

employees

Employees

with 146 employees, this is above the industry average (16)

146 - J.c. Atkinson And Son Limited

16 - Industry AVG

paystructure

Pay Structure

on an average salary of £30.6k, the company has an equivalent pay structure (£32.2k)

£30.6k - J.c. Atkinson And Son Limited

£32.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £112.2k, this is equally as efficient (£108.2k)

£112.2k - J.c. Atkinson And Son Limited

£108.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 78 days, this is later than average (20 days)

78 days - J.c. Atkinson And Son Limited

20 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 56 days, this is slower than average (30 days)

56 days - J.c. Atkinson And Son Limited

30 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 53 days, this is more than average (8 days)

53 days - J.c. Atkinson And Son Limited

8 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (21 weeks)

5 weeks - J.c. Atkinson And Son Limited

21 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 37.2%, this is a lower level of debt than the average (46.1%)

37.2% - J.c. Atkinson And Son Limited

46.1% - Industry AVG

J.C. ATKINSON AND SON LIMITED financials

EXPORTms excel logo

J.C. Atkinson And Son Limited's latest turnover from March 2024 is £16.4 million and the company has net assets of £9 million. According to their latest financial statements, J.C. Atkinson And Son Limited has 146 employees and maintains cash reserves of £460.9 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017Jul 2016Jul 2015Jul 2014Jul 2013Jul 2012Jul 2011Jul 2010Jul 2009
Turnover16,384,68813,072,53217,904,76516,129,96114,969,86012,244,68112,252,94510,619,3649,748,9649,635,4537,787,9127,298,6006,414,10514,236,68914,510,331
Other Income Or Grants
Cost Of Sales10,879,3768,593,93011,409,43510,044,0168,968,4907,621,7187,702,7546,419,4706,036,6445,963,5883,792,3293,690,8283,145,5576,774,8526,871,906
Gross Profit5,505,3124,478,6026,495,3306,085,9456,001,3704,622,9634,550,1914,199,8943,712,3203,671,8653,995,5833,607,7733,268,5487,461,8377,638,426
Admin Expenses4,698,3913,761,1894,929,6674,526,5124,336,2543,617,1723,353,7293,239,0612,812,6412,792,5413,254,0693,220,0053,039,9897,273,7127,408,533-521,919
Operating Profit806,921717,4131,565,6631,559,4331,665,1161,005,7911,196,462960,833899,679879,324741,514387,768228,559188,125229,893521,919
Interest Payable190,57191,86024,78010,06022,24423,21011,45519,47333,05933,59924,40555,97931,000
Interest Receivable482477251
Pre-Tax Profit616,350625,5531,540,8571,570,2011,639,409982,5811,185,007941,360867,102843,094717,109331,789197,559188,172229,965521,969
Tax-124,253-198,20369,988-226,977-341,11619,713-20,204-112,951-101,521-61,733-170,684-194,270-48,925-64,390-146,151
Profit After Tax492,097427,3501,610,8451,343,2241,298,2931,002,2941,164,803828,409765,581781,361546,425137,519197,559139,247165,575375,818
Dividends Paid150,099140,004160,830580,147250,345196,790139,10071,65076,071
Retained Profit492,097427,3501,610,8451,343,2241,148,194862,2901,003,973248,262515,236584,571407,32565,869121,488139,247165,575375,818
Employee Costs4,461,0193,394,8324,197,8041,700,1081,510,0131,417,8773,222,8661,093,8322,421,8452,387,0802,036,4961,950,3751,779,1084,472,6884,805,661
Number Of Employees1461551401381461301251141131119810094197205
EBITDA*1,249,992993,7721,946,0231,888,2692,145,9401,274,3821,450,3821,386,9011,329,7621,220,650991,095613,065409,881329,573362,872635,918

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017Jul 2016Jul 2015Jul 2014Jul 2013Jul 2012Jul 2011Jul 2010Jul 2009
Tangible Assets2,180,0172,389,3462,190,1152,161,8042,065,6222,387,2791,761,2131,586,5251,902,3571,996,5211,807,0611,691,9541,456,5491,580,7341,401,0181,407,455
Intangible Assets137,080274,159344,167
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets2,180,0172,389,3462,190,1152,161,8042,065,6222,387,2791,761,2131,586,5252,039,4372,270,6802,151,2281,691,9541,456,5491,580,7341,401,0181,407,455
Stock & work in progress1,607,1152,037,8192,146,9821,329,3161,392,4921,529,387997,4521,001,2821,112,245775,921648,717502,271481,516634,412472,491577,352
Trade Debtors3,537,1545,491,1783,211,4362,434,1802,706,5042,586,1762,570,0042,004,3551,588,8631,704,7741,483,7881,363,6331,320,0191,385,2081,343,0941,027,424
Group Debtors5,731,0994,201,0993,341,9822,121,000
Misc Debtors817,286708,8541,324,171303,010261,5031,028,198522,172224,371398,254173,246122,481203,814172,357
Cash460,862400,653335,282988,5901,969,807229,595201,885431,690386,85353,86351,405149,4347,44910,0178,74020,223
misc current assets
total current assets12,153,51612,839,60310,359,8537,176,0966,330,3065,373,3564,291,5133,661,6983,486,2152,707,8042,306,3912,219,1521,981,3412,029,6371,824,3251,624,999
total assets14,333,53315,228,94912,549,9689,337,9008,395,9287,760,6356,052,7265,248,2235,525,6524,978,4844,457,6193,911,1063,437,8903,610,3713,225,3433,032,454
Bank overdraft2,472,4993,207,8321,558,21969,09583,524
Bank loan1,298,029158,110475,151700,938657,06923,21759,04678,408
Trade Creditors 1,698,0142,223,9291,544,5931,267,1871,421,9201,050,4711,350,474797,9301,021,591924,020921,0861,014,710809,2082,419,6672,074,4661,812,788
Group/Directors Accounts138,883330,000
other short term finances750,622
hp & lease commitments93,164136,743104,18063,63634,455112,526132,143135,970196,665183,258126,182940,410980,893
other current liabilities462,558446,469680,2981,105,3601,184,037848,323992,085838,268590,242463,492772,629565,924510,812
total current liabilities4,726,2356,014,9734,026,1732,436,1832,970,4123,309,3492,632,8122,247,3192,578,5312,311,3632,593,7362,580,0902,379,3212,419,6672,074,4661,812,788
loans74,32515,377
hp & lease commitments143,583188,79288,839105,2358,937199,52780,14980,197212,945360,930307,267256,89355,098
Accruals and Deferred Income
other liabilities142,730471,290574,181805,076
provisions457,394510,960348,083320,454283,775267,149217,745207,542269,273282,199227,143167,35219,839
total long term liabilities600,977699,752436,922425,689292,712466,676297,894287,739482,218717,454549,787424,245217,667471,290574,181805,076
total liabilities5,327,2126,714,7254,463,0952,861,8723,263,1243,776,0252,930,7062,535,0583,060,7493,028,8173,143,5233,004,3352,596,9882,890,9572,648,6472,617,864
net assets9,006,3218,514,2248,086,8736,476,0285,132,8043,984,6103,122,0202,713,1652,464,9031,949,6671,314,096906,771840,902719,414576,696414,590
total shareholders funds9,006,3218,514,2248,086,8736,476,0285,132,8043,984,6103,122,0202,713,1652,464,9031,949,6671,314,096906,771840,902719,414576,696414,590
Mar 2024Mar 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017Jul 2016Jul 2015Jul 2014Jul 2013Jul 2012Jul 2011Jul 2010Jul 2009
Operating Activities
Operating Profit806,921717,4131,565,6631,559,4331,665,1161,005,7911,196,462960,833899,679879,324741,514387,768228,559188,125229,893521,919
Depreciation443,071276,359380,360328,836480,824268,591253,920288,988293,004271,318243,748225,297181,322141,448132,979113,999
Amortisation137,080137,07970,0085,833
Tax-124,253-198,20369,988-226,977-341,11619,713-20,204-112,951-101,521-61,733-170,684-194,270-48,925-64,390-146,151
Stock-430,704-109,163817,666-63,176-136,895531,935-3,830-110,963336,324127,204146,44620,755-152,896161,921-104,861577,352
Debtors-315,5922,523,5423,019,3991,890,183-646,367522,198863,450241,609109,097271,75138,82275,071107,16842,114315,6701,027,424
Creditors-525,915679,336277,406-154,733371,449-300,003552,544-223,66197,5712,934-93,624205,502-1,610,459345,201261,6781,812,788
Accruals and Deferred Income16,089-233,829-425,062-78,677335,714-143,762153,817248,026126,750-309,137206,70555,112510,812
Deferred Taxes & Provisions-53,566162,87727,62936,67916,62649,40410,203-61,731-12,92655,05659,791147,51319,839
Cash flow from operations1,308,643-1,010,426-1,941,081-362,4463,311,875-154,3991,287,1221,105,938994,215508,815808,015731,096-624,199421,814349,351697,779
Investing Activities
capital expenditure-518,851-247,950-135,440-233,512-534,013-460,702-57,138-321,164-126,542-1,521,454
Change in Investments
cash flow from investments-518,851-247,950-135,440-233,512-534,013-460,702-57,138-321,164-126,542-1,521,454
Financing Activities
Bank loans-1,298,0291,139,919-317,041-225,78743,869633,852-35,829-19,36278,408
Group/Directors Accounts-138,883138,883-330,000330,000
Other Short Term Loans -750,622750,622
Long term loans-74,32558,94815,377
Hire Purchase and Lease Commitments-88,788132,51624,148125,479-268,66199,761-3,875-193,443-134,578110,739-763,854161,3121,035,991
other long term liabilities-142,730-328,560-102,891-230,895805,076
share issue1300-595,11851,0003,471-3,46938,772
interest-190,571-91,860-24,780-10,060-22,244-23,210-11,455-19,473-32,577-33,599-24,405-55,979-31,000477251
cash flow from financing-279,359-98,226138,251-214,581-1,258,9341,216,770-927,489-438,703-197,61170,318-58,089-56,759754,839-99,373-234,292843,899
cash and cash equivalents
cash60,20965,371-653,308-981,2171,740,21227,710-229,80544,837332,9902,458-98,029141,985-2,5681,277-11,48320,223
overdraft-735,3331,649,6131,558,219-69,095-14,42983,524
change in cash795,542-1,584,242-2,211,527-981,2171,740,21227,710-229,805113,932347,419-81,066-98,029141,985-2,5681,277-11,48320,223

j.c. atkinson and son limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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J.c. Atkinson And Son Limited Competitor Analysis

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Perform a competitor analysis for j.c. atkinson and son limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other mid companies, companies in NE38 area or any other competitors across 12 key performance metrics.

j.c. atkinson and son limited Ownership

J.C. ATKINSON AND SON LIMITED group structure

J.C. Atkinson And Son Limited has no subsidiary companies.

Ultimate parent company

2 parents

J.C. ATKINSON AND SON LIMITED

00877451

J.C. ATKINSON AND SON LIMITED Shareholders

newable atkinson limited 100%

j.c. atkinson and son limited directors

J.C. Atkinson And Son Limited currently has 4 directors. The longest serving directors include Mr Peter Barrand (Jul 2020) and Mr Gregory Cranfield (Sep 2022).

officercountryagestartendrole
Mr Peter Barrand54 years Jul 2020- Director
Mr Gregory Cranfield56 years Sep 2022- Director
Mrs Monica WhitefieldUnited Kingdom58 years Feb 2024- Director
Mr Ian RutterUnited Kingdom54 years Feb 2024- Director

P&L

March 2024

turnover

16.4m

+25%

operating profit

806.9k

+12%

gross margin

33.7%

-1.92%

turnover

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

Balance Sheet

March 2024

net assets

9m

+0.06%

total assets

14.3m

-0.06%

cash

460.9k

+0.15%

net assets

Total assets minus all liabilities

j.c. atkinson and son limited company details

company number

00877451

Type

Private limited with Share Capital

industry

96030 - Funeral and related activities

incorporation date

April 1966

age

59

incorporated

UK

ultimate parent company

accounts

Full Accounts

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

BELL ANDERSON LIMITED

address

j c atkinson & son sedling road, wear industrial estate, washington, tyne and wear, NE38 9BZ

Bank

HSBC BANK PLC

Legal Advisor

-

j.c. atkinson and son 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 found 18 charges/mortgages relating to j.c. atkinson and son limited. Currently there are 3 open charges and 15 have been satisfied in the past.

j.c. atkinson and son 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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j.c. atkinson and son limited Companies House Filings - See Documents

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