jcb finance ltd
jcb finance ltd Company Information
Company Number
00972265
Next Accounts
Sep 2025
Shareholders
lombard north central plc
jc bamford excavators ltd
Group Structure
View All
Industry
Financial leasing
Registered Address
the mill, high street, rocester, nr uttoxeter, ST14 5JW
Website
www.jcb-finance.co.ukjcb finance ltd Estimated Valuation
Pomanda estimates the enterprise value of JCB FINANCE LTD at £374.8m based on a Turnover of £120.6m and 3.11x industry multiple (adjusted for size and gross margin).
jcb finance ltd Estimated Valuation
Pomanda estimates the enterprise value of JCB FINANCE LTD at £1.1b based on an EBITDA of £89.6m and a 12.28x industry multiple (adjusted for size and gross margin).
jcb finance ltd Estimated Valuation
Pomanda estimates the enterprise value of JCB FINANCE LTD at £87.8m based on Net Assets of £43.9m and 2x industry multiple (adjusted for liquidity).
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Jcb Finance Ltd Overview
Jcb Finance Ltd is a live company located in rocester, nr uttoxeter, ST14 5JW with a Companies House number of 00972265. It operates in the financial leasing sector, SIC Code 64910. Founded in February 1970, it's largest shareholder is lombard north central plc with a 75% stake. Jcb Finance Ltd is a mature, mega sized company, Pomanda has estimated its turnover at £120.6m with healthy growth in recent years.
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Jcb Finance Ltd Health Check
Pomanda's financial health check has awarded Jcb Finance Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 2 areas for improvement. Company Health Check FAQs
6 Strong
3 Regular
2 Weak
Size
annual sales of £120.6m, make it larger than the average company (£2.9m)
£120.6m - Jcb Finance Ltd
£2.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 11%, show it is growing at a faster rate (-0.2%)
11% - Jcb Finance Ltd
-0.2% - Industry AVG
Production
with a gross margin of 49.5%, this company has a comparable cost of product (49.5%)
49.5% - Jcb Finance Ltd
49.5% - Industry AVG
Profitability
an operating margin of 57.7% make it more profitable than the average company (40%)
57.7% - Jcb Finance Ltd
40% - Industry AVG
Employees
with 109 employees, this is above the industry average (8)
109 - Jcb Finance Ltd
8 - Industry AVG
Pay Structure
on an average salary of £71.8k, the company has an equivalent pay structure (£69.4k)
£71.8k - Jcb Finance Ltd
£69.4k - Industry AVG
Efficiency
resulting in sales per employee of £1.1m, this is more efficient (£546.5k)
£1.1m - Jcb Finance Ltd
£546.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Jcb Finance Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (33 days)
0 days - Jcb Finance Ltd
33 days - Industry AVG
Stock Days
it holds stock equivalent to 1 days, this is less than average (25 days)
1 days - Jcb Finance Ltd
25 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (5 weeks)
0 weeks - Jcb Finance Ltd
5 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 96.8%, this is a similar level of debt than the average (96.3%)
96.8% - Jcb Finance Ltd
96.3% - Industry AVG
JCB FINANCE LTD financials
Jcb Finance Ltd's latest turnover from December 2023 is £120.6 million and the company has net assets of £43.9 million. According to their latest financial statements, Jcb Finance Ltd has 109 employees and maintains cash reserves of £7.2 million 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 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 120,584,000 | 87,365,000 | 79,920,000 | 87,666,779 | 79,790,445 | 68,901,271 | 93,621,284 | 105,152,072 | 84,320,415 | 58,241,989 | 53,338,763 | 49,481,655 | 45,881,491 | 42,846,928 | 43,916,779 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | 69,615,000 | 41,922,000 | 33,459,000 | 31,995,711 | 28,792,412 | 27,801,064 | 32,982,096 | 41,494,723 | 52,879,029 | 27,929,798 | 24,416,909 | 23,424,489 | 20,035,603 | 19,487,945 | 22,258,551 |
| Interest Payable | 38,541,000 | 15,193,000 | 8,981,000 | 11,009,029 | 11,854,134 | 8,934,058 | 8,049,681 | 11,555,739 | 8,344,787 | 5,961,444 | 5,352,439 | 6,370,496 | 6,396,654 | 8,923,114 | 16,818,394 |
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | 31,074,000 | 26,729,000 | 25,837,000 | 20,986,682 | 35,938,278 | 18,867,006 | 24,932,415 | 29,938,984 | 24,107,213 | 21,968,354 | 19,064,470 | 17,053,993 | 13,638,949 | 10,564,831 | 5,440,157 |
| Tax | -7,957,000 | -5,242,000 | -4,621,000 | -4,222,180 | -3,288,357 | -3,522,778 | -4,916,782 | -6,023,698 | -4,881,114 | -4,658,640 | -3,975,951 | -3,831,121 | -3,201,710 | -2,960,305 | -1,517,151 |
| Profit After Tax | 23,117,000 | 21,487,000 | 21,216,000 | 16,764,502 | 32,649,921 | 15,344,228 | 20,015,633 | 23,915,286 | 19,226,099 | 17,309,714 | 15,088,519 | 13,222,872 | 10,437,239 | 7,604,526 | 3,923,006 |
| Dividends Paid | 20,000,000 | 20,000,000 | 49,000,000 | 16,000,000 | 20,000,000 | 20,000,000 | |||||||||
| Retained Profit | 23,117,000 | 21,487,000 | 21,216,000 | 16,764,502 | 32,649,921 | -4,655,772 | 15,633 | -25,084,714 | 3,226,099 | -2,690,286 | -4,911,481 | 13,222,872 | 10,437,239 | 7,604,526 | 3,923,006 |
| Employee Costs | 7,825,000 | 7,734,000 | 7,839,000 | 7,415,289 | 11,013,636 | 6,716,816 | 6,319,061 | 7,091,319 | 5,421,187 | 4,887,206 | 4,559,909 | 4,828,145 | 5,412,133 | 4,347,238 | 4,387,765 |
| Number Of Employees | 109 | 103 | 102 | 103 | 102 | 102 | 97 | 92 | 86 | 80 | 73 | 73 | 75 | 71 | 73 |
| EBITDA* | 89,556,000 | 61,915,000 | 54,512,000 | 53,782,506 | 48,853,061 | 44,445,411 | 55,204,465 | 75,630,586 | 81,760,635 | 54,084,262 | 48,691,332 | 44,479,890 | 26,090,942 | 38,522,534 | 38,690,873 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 751,814,000 | 692,057,000 | 663,706,000 | 611,968,079 | 597,675,461 | 512,347,860 | 486,481,896 | 476,975,304 | 461,755,820 | 447,636,307 | 374,716,835 | 340,986,595 | 320,655,437 | 287,707,674 | 273,900,912 |
| Intangible Assets | |||||||||||||||
| Investments & Other | 597,680,000 | 569,912,000 | 515,387,885 | 489,327,615 | 423,842,725 | 346,012,762 | 323,900,071 | 288,722,223 | 280,344,230 | 235,163,954 | 208,673,974 | 202,159,251 | |||
| Debtors (Due After 1 year) | 17,000 | 488,129 | 12,735 | 42,798,378 | 46,574,082 | 196,566,464 | 186,555,326 | ||||||||
| Total Fixed Assets | 751,814,000 | 692,057,000 | 663,689,000 | 611,479,950 | 597,675,461 | 512,347,860 | 486,481,896 | 476,975,304 | 461,755,820 | 447,636,307 | 374,716,835 | 340,986,595 | 320,655,437 | 287,707,674 | 273,900,912 |
| Stock & work in progress | 300,000 | 233,000 | 391,000 | 155,166 | 411,875 | 569,757 | 172,254 | 149,480 | 179,131 | 46,312 | 312,462 | ||||
| Trade Debtors | 6,957,113 | 18,404,986 | 21,123,103 | 182,463,524 | |||||||||||
| Group Debtors | 14,534,774 | ||||||||||||||
| Misc Debtors | 11,753,000 | 7,866,000 | 6,649,000 | 10,433,486 | 9,560,253 | 8,202,867 | 8,840,133 | 8,939,465 | 287,745,850 | 250,576,115 | 237,225,249 | 218,101,744 | 184,242,339 | 4,695,543 | |
| Cash | 7,186,000 | 774 | 369 | 254 | 1,943,312 | 541 | 395 | 8,067,345 | 415 | 293 | 381 | 246 | 215 | ||
| misc current assets | 620,216,000 | 570,024,000 | 469,499,000 | 383,941,169 | 409,619,595 | 386,210,237 | 348,800,527 | 319,535,622 | 350,346,412 | 22,830,978 | 20,572,325 | 19,974,547 | 12,267,633 | 9,496,940 | |
| total current assets | 639,455,000 | 578,123,000 | 476,539,000 | 391,054,222 | 420,465,325 | 410,875,275 | 377,523,946 | 349,648,879 | 359,465,403 | 318,644,173 | 271,148,855 | 257,200,089 | 230,369,758 | 193,785,837 | 187,471,744 |
| total assets | 1,391,269,000 | 1,270,180,000 | 1,140,228,000 | 1,002,534,172 | 1,018,140,786 | 923,223,135 | 864,005,842 | 826,624,183 | 821,221,223 | 766,280,480 | 645,865,690 | 598,186,684 | 551,025,195 | 481,493,511 | 461,372,656 |
| Bank overdraft | 543,000 | 1,725,000 | 2,694,785 | 1,162,521 | 2,806,096 | 2,678,281 | 11,399,210 | 13,396,422 | 3,040,214 | 12,068,561 | 8,974,651 | 3,350,734 | |||
| Bank loan | |||||||||||||||
| Trade Creditors | 107,000 | 95,000 | 69,000 | 87,585 | 121,663 | 63,757 | 33,889 | 27,536 | 271,826 | ||||||
| Group/Directors Accounts | 683,608,000 | 607,213,000 | 550,559,000 | 493,063,498 | 508,107,905 | ||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 27,100,000 | 27,090,000 | 27,452,000 | 18,564,905 | 20,063,600 | 498,937,728 | 492,691,957 | 472,063,469 | 446,941,448 | 251,349,197 | 238,857,872 | 342,064,358 | 302,297,051 | 266,521,738 | 98,391,090 |
| total current liabilities | 710,815,000 | 634,941,000 | 579,805,000 | 514,410,773 | 529,455,689 | 501,807,581 | 492,725,846 | 474,769,286 | 458,612,484 | 251,349,197 | 252,254,294 | 345,104,572 | 314,365,612 | 275,496,389 | 101,741,824 |
| loans | 636,223,000 | 592,505,000 | 519,246,000 | 451,800,000 | 340,400,000 | 322,000,000 | 305,000,000 | 460,800,000 | 336,800,000 | 190,700,000 | 187,100,000 | 143,700,000 | 304,080,000 | ||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 468,300,000 | 409,500,000 | |||||||||||||
| provisions | 300,000 | 282,000 | 6,566,156 | 2,884,042 | 4,429,110 | 6,944,500 | 6,669,998 | 6,628,874 | 8,620,584 | 10,728,470 | 13,078,026 | 14,794,498 | |||
| total long term liabilities | 636,523,000 | 592,646,000 | 519,246,000 | 451,800,000 | 468,300,000 | 412,783,078 | 341,842,021 | 324,214,555 | 308,472,250 | 464,134,999 | 340,114,437 | 195,010,292 | 192,464,235 | 150,239,013 | 311,477,249 |
| total liabilities | 1,347,338,000 | 1,227,587,000 | 1,099,051,000 | 966,210,773 | 997,755,689 | 914,590,659 | 834,567,867 | 798,983,841 | 767,084,734 | 715,484,196 | 592,368,731 | 540,114,864 | 506,829,847 | 425,735,402 | 413,219,073 |
| net assets | 43,931,000 | 42,593,000 | 41,177,000 | 36,323,399 | 20,385,097 | 8,632,476 | 29,437,975 | 27,640,342 | 54,136,489 | 50,796,284 | 53,496,959 | 58,071,820 | 44,195,348 | 55,758,109 | 48,153,583 |
| total shareholders funds | 43,931,000 | 42,593,000 | 41,177,000 | 36,323,399 | 20,385,097 | 8,631,576 | 29,437,975 | 27,640,342 | 54,136,489 | 50,796,284 | 53,496,959 | 58,071,820 | 44,195,348 | 55,758,109 | 48,153,583 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 69,615,000 | 41,922,000 | 33,459,000 | 31,995,711 | 28,792,412 | 27,801,064 | 32,982,096 | 41,494,723 | 52,879,029 | 27,929,798 | 24,416,909 | 23,424,489 | 20,035,603 | 19,487,945 | 22,258,551 |
| Depreciation | 19,941,000 | 19,993,000 | 21,053,000 | 21,786,795 | 20,060,649 | 16,644,347 | 22,222,369 | 34,135,863 | 28,881,606 | 26,154,464 | 24,274,423 | 21,055,401 | 6,055,339 | 19,034,589 | 16,432,322 |
| Amortisation | |||||||||||||||
| Tax | -7,957,000 | -5,242,000 | -4,621,000 | -4,222,180 | -3,288,357 | -3,522,778 | -4,916,782 | -6,023,698 | -4,881,114 | -4,658,640 | -3,975,951 | -3,831,121 | -3,201,710 | -2,960,305 | -1,517,151 |
| Stock | 67,000 | -158,000 | 235,834 | -256,709 | -157,882 | 397,503 | 22,774 | -29,651 | 179,131 | -46,312 | -266,150 | 312,462 | |||
| Debtors | 3,887,000 | 1,200,000 | -779,242 | -3,000,979 | -13,648,806 | -45,311,204 | -7,131,087 | 67,597,853 | -278,806,385 | 37,169,735 | 13,350,866 | 19,123,505 | -162,707,059 | 7,094,410 | 373,714,393 |
| Creditors | 12,000 | 26,000 | -18,585 | -34,078 | 57,906 | 29,868 | 6,353 | -244,290 | 271,826 | ||||||
| Accruals and Deferred Income | 10,000 | -362,000 | 8,887,095 | -1,498,695 | -478,874,128 | 6,245,771 | 20,628,488 | 25,122,021 | 195,592,251 | 12,491,325 | -103,206,486 | 39,767,307 | 35,775,313 | 168,130,648 | 98,391,090 |
| Deferred Taxes & Provisions | 18,000 | 282,000 | -6,566,156 | 3,682,114 | -1,545,068 | -2,515,390 | 274,502 | 41,124 | -1,991,710 | -2,107,886 | -2,349,556 | -1,716,472 | 14,794,498 | ||
| Cash flow from operations | 77,685,000 | 55,577,000 | 59,302,918 | 51,285,241 | -426,010,986 | 95,794,087 | 76,485,769 | 24,401,027 | 551,645,354 | 24,788,336 | -73,833,681 | 59,184,685 | 219,068,360 | 195,148,145 | -223,667,545 |
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | -597,680,000 | 27,768,000 | 54,524,115 | 26,060,270 | 65,484,890 | 77,829,963 | 22,112,691 | 35,177,848 | 8,377,993 | 45,180,276 | 26,489,980 | 6,514,723 | 202,159,251 | ||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | 76,395,000 | 56,654,000 | 57,495,502 | -15,044,407 | 508,107,905 | ||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | 43,718,000 | 73,259,000 | 67,446,000 | 451,800,000 | -340,400,000 | 18,400,000 | 17,000,000 | -155,800,000 | 124,000,000 | 146,100,000 | 3,600,000 | 43,400,000 | -160,380,000 | 304,080,000 | |
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -468,300,000 | 58,800,000 | 409,500,000 | ||||||||||||
| share issue | |||||||||||||||
| interest | -38,541,000 | -15,193,000 | -8,981,000 | -11,009,029 | -11,854,134 | -8,934,058 | -8,049,681 | -11,555,739 | -8,344,787 | -5,961,444 | -5,352,439 | -6,370,496 | -6,396,654 | -8,923,114 | -16,818,394 |
| cash flow from financing | 59,793,000 | 94,649,000 | 99,598,103 | -43,379,636 | 534,157,371 | 44,015,315 | 12,132,319 | 4,032,828 | -164,030,681 | 118,028,167 | 141,084,181 | -2,116,896 | 15,003,346 | -169,303,114 | 331,492,183 |
| cash and cash equivalents | |||||||||||||||
| cash | 7,186,000 | -774 | 405 | 115 | -1,943,058 | 1,942,771 | 146 | -8,066,950 | 8,066,930 | 122 | -88 | 135 | 31 | 215 | |
| overdraft | -543,000 | -1,182,000 | -969,785 | 1,532,264 | -1,643,575 | 2,806,096 | -2,678,281 | -8,720,929 | 11,399,210 | -13,396,422 | 10,356,208 | -9,028,347 | 3,093,910 | 5,623,917 | 3,350,734 |
| change in cash | 7,729,000 | 1,182,000 | 969,011 | -1,531,859 | 1,643,690 | -4,749,154 | 4,621,052 | 8,721,075 | -19,466,160 | 21,463,352 | -10,356,086 | 9,028,259 | -3,093,775 | -5,623,886 | -3,350,519 |
jcb finance ltd Credit Report and Business Information
Jcb Finance Ltd Competitor Analysis
Perform a competitor analysis for jcb finance ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mega companies, companies in ST14 area or any other competitors across 12 key performance metrics.
jcb finance ltd Ownership
JCB FINANCE LTD group structure
Jcb Finance Ltd has 2 subsidiary companies.
Ultimate parent company
JCB FINANCE LTD
00972265
2 subsidiaries
jcb finance ltd directors
Jcb Finance Ltd currently has 9 directors. The longest serving directors include Mr Jonathan Hall (Feb 2008) and Mr Robert Heldreich (Jun 2013).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jonathan Hall | 58 years | Feb 2008 | - | Director | |
| Mr Robert Heldreich | England | 50 years | Jun 2013 | - | Director |
| Mr John Workman | 72 years | May 2016 | - | Director | |
| Mr Robert Winter | England | 51 years | May 2020 | - | Director |
| Mr Gary McGinty | 57 years | Apr 2021 | - | Director | |
| Mr Peter Moffat | England | 46 years | Nov 2021 | - | Director |
| Mr Lee Durber | 53 years | May 2022 | - | Director | |
| Mr Paul Edwards | England | 49 years | Sep 2024 | - | Director |
| Mr Johannes Hubinger | 45 years | Nov 2024 | - | Director |
P&L
December 2023turnover
120.6m
+38%
operating profit
69.6m
+66%
gross margin
49.5%
-13.87%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
43.9m
+0.03%
total assets
1.4b
+0.1%
cash
7.2m
0%
net assets
Total assets minus all liabilities
jcb finance ltd company details
company number
00972265
Type
Private limited with Share Capital
industry
64910 - Financial leasing
incorporation date
February 1970
age
55
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
j.c.b. credit limited (July 1998)
accountant
-
auditor
ERNST & YOUNG LLP
address
the mill, high street, rocester, nr uttoxeter, ST14 5JW
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
ADDLESHAW GODDARD
jcb finance ltd 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 1 charges/mortgages relating to jcb finance ltd. Currently there are 0 open charges and 1 have been satisfied in the past.
jcb finance ltd 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.
Click to start generating capital raising & share issue transactions for JCB FINANCE LTD. This can take several minutes, an email will notify you when this has completed.
jcb finance ltd Companies House Filings - See Documents
| date | description | view/download |
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