jaylew (engineering) limited

jaylew (engineering) limited Company Information

Share JAYLEW (ENGINEERING) LIMITED
Live 
MatureSmallDeclining

Company Number

00980728

Industry

Machining

 

Shareholders

andrew fletcher

Group Structure

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Contact

Registered Address

unit 12a autumn park, dysart road, grantham, lincolnshire, NG31 7DD

jaylew (engineering) limited Estimated Valuation

£872.1k

Pomanda estimates the enterprise value of JAYLEW (ENGINEERING) LIMITED at £872.1k based on a Turnover of £2.1m and 0.42x industry multiple (adjusted for size and gross margin).

jaylew (engineering) limited Estimated Valuation

£1.8m

Pomanda estimates the enterprise value of JAYLEW (ENGINEERING) LIMITED at £1.8m based on an EBITDA of £524.3k and a 3.4x industry multiple (adjusted for size and gross margin).

jaylew (engineering) limited Estimated Valuation

£763.6k

Pomanda estimates the enterprise value of JAYLEW (ENGINEERING) LIMITED at £763.6k based on Net Assets of £424.2k and 1.8x industry multiple (adjusted for liquidity).

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Jaylew (engineering) Limited Overview

Jaylew (engineering) Limited is a live company located in grantham, NG31 7DD with a Companies House number of 00980728. It operates in the machining sector, SIC Code 25620. Founded in May 1970, it's largest shareholder is andrew fletcher with a 100% stake. Jaylew (engineering) Limited is a mature, small sized company, Pomanda has estimated its turnover at £2.1m with declining growth in recent years.

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Jaylew (engineering) Limited Health Check

Pomanda's financial health check has awarded Jaylew (Engineering) Limited a 4 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 Rating4out of 5
positive_score

4 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £2.1m, make it smaller than the average company (£9.9m)

£2.1m - Jaylew (engineering) Limited

£9.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -24%, show it is growing at a slower rate (6.4%)

-24% - Jaylew (engineering) Limited

6.4% - Industry AVG

production

Production

with a gross margin of 28.6%, this company has a comparable cost of product (28.6%)

28.6% - Jaylew (engineering) Limited

28.6% - Industry AVG

profitability

Profitability

an operating margin of 21.4% make it more profitable than the average company (6.7%)

21.4% - Jaylew (engineering) Limited

6.7% - Industry AVG

employees

Employees

with 9 employees, this is below the industry average (80)

9 - Jaylew (engineering) Limited

80 - Industry AVG

paystructure

Pay Structure

on an average salary of £45.5k, the company has an equivalent pay structure (£45.5k)

£45.5k - Jaylew (engineering) Limited

£45.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £229.7k, this is more efficient (£141.7k)

£229.7k - Jaylew (engineering) Limited

£141.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 109 days, this is later than average (62 days)

109 days - Jaylew (engineering) Limited

62 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 87 days, this is slower than average (47 days)

87 days - Jaylew (engineering) Limited

47 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 11 days, this is less than average (69 days)

11 days - Jaylew (engineering) Limited

69 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (13 weeks)

4 weeks - Jaylew (engineering) Limited

13 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 74.2%, this is a higher level of debt than the average (48.2%)

74.2% - Jaylew (engineering) Limited

48.2% - Industry AVG

JAYLEW (ENGINEERING) LIMITED financials

EXPORTms excel logo

Jaylew (Engineering) Limited's latest turnover from February 2024 is estimated at £2.1 million and the company has net assets of £424.2 thousand. According to their latest financial statements, Jaylew (Engineering) Limited has 9 employees and maintains cash reserves of £68 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Feb 2024Feb 2023Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015Feb 2014Feb 2013Feb 2012Feb 2011Feb 2010
Turnover2,067,5341,103,8644,784,3583,267,1794,973,9125,965,8855,356,2207,328,54713,175,7455,739,4164,834,7665,164,1274,924,6175,056,674
Other Income Or Grants00000000000000
Cost Of Sales1,475,622801,1523,496,4832,355,4443,584,1634,178,9713,769,8195,806,01810,182,2313,969,2083,313,8243,626,2383,410,2313,453,131
Gross Profit591,912302,7121,287,874911,7351,389,7491,786,9141,586,4011,522,5292,993,5141,770,2081,520,9421,537,8891,514,3861,603,543
Admin Expenses148,847153,4431,405,411780,519992,686867,5471,096,554817,6722,967,269673,9541,357,5661,544,4071,809,5841,563,634
Operating Profit443,065149,269-117,537131,216397,063919,367489,847704,85726,2451,096,254163,376-6,518-295,19839,909
Interest Payable28,75015,6250000018,75517,443000038,925
Interest Receivable2,4445031,1391,1675,0775,1972,0822,01810,1962,2681,8781,9762,69242,094
Pre-Tax Profit416,760134,147-116,398132,383402,140924,564491,930688,12018,9981,098,522165,254-4,542-292,506-53,717
Tax-104,190-25,4880-25,153-76,407-175,667-93,467-139,945-301,708-252,660-39,661003,855
Profit After Tax312,570108,659-116,398107,230325,733748,897398,463548,175-282,710845,862125,593-4,542-292,506-49,862
Dividends Paid0000000750,00023,0000000100,000
Retained Profit312,570108,659-116,398107,230325,733748,897398,463-201,825-305,710845,862125,593-4,542-292,506-149,862
Employee Costs409,359648,186853,1571,099,4011,340,6731,407,8681,300,1991,044,1221,629,3911,807,8421,440,6781,472,8171,472,2361,682,222
Number Of Employees915212735383536395341444534
EBITDA*524,303227,38654,087421,060666,3791,166,164727,730919,023222,8341,283,885370,629210,614-52,661254,559

* Earnings Before Interest, Tax, Depreciation and Amortisation

Feb 2024Feb 2023Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015Feb 2014Feb 2013Feb 2012Feb 2011Feb 2010
Tangible Assets873,301782,6291,183,4621,317,0601,577,9221,516,9921,720,2991,570,4581,525,266866,635592,282575,777773,424954,964
Intangible Assets00000000000000
Investments & Other00000000000000
Debtors (Due After 1 year)00000000000000
Total Fixed Assets873,301782,6291,183,4621,317,0601,577,9221,516,9921,720,2991,570,4581,525,266866,635592,282575,777773,424954,964
Stock & work in progress48,04510,75478,648435,595134,302192,631231,004125,523136,149491,365371,674307,714444,280557,664
Trade Debtors620,728140,0861,704,583663,3841,394,2621,563,5221,061,2111,266,1391,327,2451,153,397748,3491,032,5221,040,255622,323
Group Debtors00000000000000
Misc Debtors32,820138,88100000054,76800000
Cash67,96225,161652,6181,625,454707,869645,924739,880925,9611,499,278393,645513,669237,429552,829523,801
misc current assets00000000000000
total current assets769,555314,8822,435,8492,724,4332,236,4332,402,0772,032,0952,317,6233,017,4402,038,4071,633,6921,577,6652,037,3641,703,788
total assets1,642,8561,097,5113,619,3114,041,4933,814,3553,919,0693,752,3943,888,0814,542,7062,905,0422,225,9742,153,4422,810,7882,658,752
Bank overdraft136,104250,000000000000000
Bank loan00000000000000
Trade Creditors 351,898272,996629,492528,7451,021,1741,542,8881,926,1792,472,169858,5241,388,3981,556,8271,761,0111,389,8171,453,977
Group/Directors Accounts000000004,39900000
other short term finances00000000000000
hp & lease commitments060,037000000180,60074,70074,70020,16330,6970
other current liabilities258,179156,8110000001,509,9740001,000,0000
total current liabilities746,181739,844629,492528,7451,021,1741,542,8881,926,1792,472,1692,553,4971,463,0981,631,5271,781,1742,420,5141,453,977
loans62,50062,500000000000000
hp & lease commitments309,40054,9620000411,758398,287400,23862,250136,95030,56315,8220
Accruals and Deferred Income00000000000000
other liabilities00576,522961,468309,442242,48400393,1200000516,092
provisions100,546128,546175,662197,247236,936212,627242,284243,915220,31698,44922,11431,91560,12081,845
total long term liabilities472,446246,008752,1841,158,715546,378455,111654,042642,2021,013,674160,699159,06462,47875,942597,937
total liabilities1,218,627985,8521,381,6761,687,4601,567,5521,997,9992,580,2213,114,3713,567,1711,623,7971,790,5911,843,6522,496,4562,051,914
net assets424,229111,6592,237,6352,354,0332,246,8031,921,0701,172,173773,710975,5351,281,245435,383309,790314,332606,838
total shareholders funds424,229111,6592,237,6352,354,0332,246,8031,921,0701,172,173773,710975,5351,281,245435,383309,790314,332606,838
Feb 2024Feb 2023Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015Feb 2014Feb 2013Feb 2012Feb 2011Feb 2010
Operating Activities
Operating Profit443,065149,269-117,537131,216397,063919,367489,847704,85726,2451,096,254163,376-6,518-295,19839,909
Depreciation81,23878,117171,624289,844269,316246,797237,883214,166196,589187,631207,253217,132242,537214,650
Amortisation00000000000000
Tax-104,190-25,4880-25,153-76,407-175,667-93,467-139,945-301,708-252,660-39,661003,855
Stock37,29110,754-356,947301,293-58,329-38,373105,481-10,626-355,216119,69163,960-136,566-113,384557,664
Debtors374,581278,9671,041,199-730,878-169,260502,311-204,928-115,874228,616405,048-284,173-7,733417,932622,323
Creditors78,902272,996100,747-492,429-521,714-383,291-545,9901,613,645-529,874-168,429-204,184371,194-64,1601,453,977
Accruals and Deferred Income101,368156,81100000-1,509,9741,509,97400-1,000,0001,000,0000
Deferred Taxes & Provisions-28,000128,546-21,585-39,68924,309-29,657-1,63123,599121,86776,335-9,801-28,205-21,72581,845
Cash flow from operations160,511470,530-551,003293,374320,156113,611186,0891,032,8481,149,693414,392337,196-302,098556,906614,249
Investing Activities
capital expenditure-171,910-860,746-38,026-28,982-330,246-43,490-387,724-9,358-131,175-461,984-223,758-19,485-60,997-74,855
Change in Investments00000000000000
cash flow from investments-171,910-860,746-38,026-28,982-330,246-43,490-387,724-9,358-131,175-461,984-223,758-19,485-60,997-74,855
Financing Activities
Bank loans00000000000000
Group/Directors Accounts0000000-4,3994,39900000
Other Short Term Loans 00000000000000
Long term loans062,500000000000000
Hire Purchase and Lease Commitments194,401114,999000-411,75813,471-182,551443,888-74,700160,9244,20746,5190
other long term liabilities00-384,946652,02666,958242,4840-393,120393,120000-516,092516,092
share issue03,00000000000000756,700
interest-26,306-15,1221,1391,1675,0775,1972,082-16,737-7,2472,2681,8781,9762,6923,169
cash flow from financing168,095165,377-383,807653,19372,035-164,07715,553-596,807834,160-72,432162,8026,183-466,8811,275,961
cash and cash equivalents
cash42,80125,161-972,836917,58561,945-93,956-186,081-573,3171,105,633-120,024276,240-315,40029,028523,801
overdraft-113,896250,000000000000000
change in cash156,697-224,839-972,836917,58561,945-93,956-186,081-573,3171,105,633-120,024276,240-315,40029,028523,801

jaylew (engineering) 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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Jaylew (engineering) Limited Competitor Analysis

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Perform a competitor analysis for jaylew (engineering) limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in NG31 area or any other competitors across 12 key performance metrics.

jaylew (engineering) limited Ownership

JAYLEW (ENGINEERING) LIMITED group structure

Jaylew (Engineering) Limited has no subsidiary companies.

Ultimate parent company

JAYLEW (ENGINEERING) LIMITED

00980728

JAYLEW (ENGINEERING) LIMITED Shareholders

andrew fletcher 100%

jaylew (engineering) limited directors

Jaylew (Engineering) Limited currently has 1 director, Mr Andrew Fletcher serving since Dec 2022.

officercountryagestartendrole
Mr Andrew FletcherUnited Kingdom60 years Dec 2022- Director

P&L

February 2024

turnover

2.1m

+87%

operating profit

443.1k

0%

gross margin

28.7%

+4.4%

turnover

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

Balance Sheet

February 2024

net assets

424.2k

+2.8%

total assets

1.6m

+0.5%

cash

68k

+1.7%

net assets

Total assets minus all liabilities

jaylew (engineering) limited company details

company number

00980728

Type

Private limited with Share Capital

industry

25620 - Machining

incorporation date

May 1970

age

55

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

February 2024

previous names

N/A

accountant

APPLETON RICHARDSON & CO

auditor

-

address

unit 12a autumn park, dysart road, grantham, lincolnshire, NG31 7DD

Bank

NATIONAL WESTMINSTER BANK PLC

Legal Advisor

-

jaylew (engineering) 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 4 charges/mortgages relating to jaylew (engineering) limited. Currently there are 2 open charges and 2 have been satisfied in the past.

jaylew (engineering) 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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jaylew (engineering) limited Companies House Filings - See Documents

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