Pomanda estimates the enterprise value of JOURNEO FLEET SYSTEMS LIMITED at £8.7m based on a Turnover of £16.3m and 0.53x industry multiple (adjusted for size and gross margin).
journeo fleet systems limitedEstimated Valuation
£4.3m
Pomanda estimates the enterprise value of JOURNEO FLEET SYSTEMS LIMITED at £4.3m based on an EBITDA of £762.2k and a 5.63x industry multiple (adjusted for size and gross margin).
journeo fleet systems limitedEstimated Valuation
£6.4m
Pomanda estimates the enterprise value of JOURNEO FLEET SYSTEMS LIMITED at £6.4m based on Net Assets of £2.6m and 2.45x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Journeo Fleet Systems LimitedOverview
Journeo Fleet Systems Limited is a live company located in ashby-de-la-zouch, LE65 1NF with a Companies House number of 01209516. It operates in the electrical installation sector, SIC Code 43210. Founded in April 1975, it's largest shareholder is
journeo plc
with a 100% stake. Journeo Fleet Systems Limited is a mature,
mid sized company, Pomanda has estimated its turnover at
£16.3m with
rapid
growth in recent years.
Pomanda's financial health check has awarded Journeo Fleet Systems Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
5 Strong
2 Regular
5 Weak
Size
annual sales of £16.3m, make it larger than the average company (£3.7m)
£16.3m - Journeo Fleet Systems Limited
£3.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 34%, show it is growing at a faster rate (9.3%)
34% - Journeo Fleet Systems Limited
9.3% - Industry AVG
Production
with a gross margin of 24.2%, this company has a comparable cost of product (25.4%)
24.2% - Journeo Fleet Systems Limited
25.4% - Industry AVG
Profitability
an operating margin of 1.9% make it less profitable than the average company (6.5%)
1.9% - Journeo Fleet Systems Limited
6.5% - Industry AVG
Employees
with 60 employees, this is above the industry average (26)
60 - Journeo Fleet Systems Limited
26 - Industry AVG
Pay Structure
on an average salary of £47.7k, the company has an equivalent pay structure (£45.5k)
£47.7k - Journeo Fleet Systems Limited
£45.5k - Industry AVG
Efficiency
resulting in sales per employee of £272.2k, this is more efficient (£154.8k)
£272.2k - Journeo Fleet Systems Limited
£154.8k - Industry AVG
Debtor Days
it gets paid by customers after 100 days, this is later than average (57 days)
100 days - Journeo Fleet Systems Limited
57 days - Industry AVG
Creditor Days
its suppliers are paid after 47 days, this is slower than average (41 days)
47 days - Journeo Fleet Systems Limited
41 days - Industry AVG
Stock Days
it holds stock equivalent to 82 days, this is more than average (12 days)
82 days - Journeo Fleet Systems Limited
12 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 4 weeks, this is less cash available to meet short term requirements (22 weeks)
4 weeks - Journeo Fleet Systems Limited
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 80.5%, this is a higher level of debt than the average (58.6%)
80.5% - Journeo Fleet Systems Limited
58.6% - Industry AVG
JOURNEO FLEET SYSTEMS LIMITED financials
EXPORT
Journeo Fleet Systems Limited's latest turnover from December 2023 is £16.3 million and the company has net assets of £2.6 million. According to their latest financial statements, Journeo Fleet Systems Limited has 60 employees and maintains cash reserves of £859.3 thousand 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
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Turnover
16,332,064
12,494,302
9,290,442
6,826,510
6,646,370
8,216,594
7,502,155
6,922,962
8,601,052
9,026,896
10,825,696
14,025,938
14,005,819
10,906,685
11,213,346
Other Income Or Grants
Cost Of Sales
12,382,841
8,783,172
6,371,091
4,679,629
4,746,027
4,335,033
4,885,348
4,619,970
5,046,477
5,832,176
6,474,856
6,497,042
6,213,654
4,589,087
5,651,730
Gross Profit
3,949,223
3,711,130
2,919,351
2,146,881
1,900,343
3,881,561
2,616,807
2,302,992
3,554,575
3,194,720
4,350,840
7,528,896
7,792,165
6,317,598
5,561,616
Admin Expenses
3,641,368
3,051,329
2,315,346
2,011,229
2,198,012
3,374,384
2,466,792
3,823,809
3,872,686
3,396,364
4,415,714
5,473,355
6,209,971
5,405,308
6,149,836
Operating Profit
307,855
659,801
604,005
135,652
-297,669
507,177
150,015
-1,520,817
-318,111
-201,644
-64,874
2,055,541
1,582,194
912,290
-588,220
Interest Payable
280,874
199,506
121,607
60,014
96,003
77,136
29,590
3,390
5,917
4,901
8,333
6,783
60,968
Interest Receivable
1
18
40
48
818
325
453
4,924
19,157
Pre-Tax Profit
26,981
460,295
482,399
75,656
-393,632
430,020
120,425
-1,523,389
-317,786
-201,191
-65,867
2,069,797
1,573,861
905,507
-290,595
Tax
-23,805
54,606
-4,610
-474,535
-387,890
-240,000
-12,000
Profit After Tax
26,981
460,295
482,399
75,656
-393,632
430,020
120,425
-1,523,389
-341,591
-146,585
-70,477
1,595,262
1,185,971
665,507
-302,595
Dividends Paid
Retained Profit
26,981
460,295
482,399
75,656
-393,632
430,020
120,425
-1,523,389
-341,591
-146,585
-70,477
1,595,262
1,185,971
665,507
-302,595
Employee Costs
2,862,691
2,260,070
1,973,378
1,845,920
1,945,734
1,877,081
1,834,361
2,086,257
3,188,114
2,560,436
2,853,693
2,746,152
3,142,057
3,037,877
3,292,262
Number Of Employees
60
48
44
42
44
47
43
52
50
58
69
60
65
67
76
EBITDA*
762,222
1,017,818
983,324
463,926
-40,269
618,578
240,987
-1,430,940
-308,375
-201,644
128,934
2,239,097
1,795,231
1,255,467
-141,749
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Tangible Assets
85,146
118,581
1,617,988
1,666,679
1,335,230
1,171,712
1,155,831
1,170,053
1,243,257
251,277
208,431
191,531
2,382,565
2,717,548
2,882,406
Intangible Assets
1,100,157
982,041
541,565
478,743
338,241
253,438
170,675
108,314
10,542
117,439
156,438
172,302
136,412
Investments & Other
2,587,828
1,085,451
1,085,451
1,085,451
1,085,451
1,085,451
1,085,451
1,085,451
1,085,451
Debtors (Due After 1 year)
Total Fixed Assets
3,773,131
2,186,073
2,159,553
2,145,422
1,673,471
1,425,150
1,326,506
1,278,367
1,253,799
251,277
208,431
308,970
2,539,003
2,889,850
3,018,818
Stock & work in progress
2,782,464
2,414,616
1,032,104
1,300,317
1,042,232
1,076,161
1,036,582
1,224,495
827,359
850,633
1,722,594
2,005,768
1,989,131
1,058,190
1,657,781
Trade Debtors
4,513,927
4,115,616
2,270,149
1,007,599
1,719,717
1,300,048
2,089,595
2,238,352
2,770,061
959,966
1,839,400
2,631,796
1,157,248
1,687,065
1,678,087
Group Debtors
1,214,485
1,517,517
1,040,960
1,005,817
1,759,469
2,463,428
2,061,599
1,688,020
1,947,810
2,031,493
1,702,686
967,155
75,026
1,377,655
Misc Debtors
260,362
238,018
727,578
181,369
99,831
41,924
195,542
139,647
411,952
351,465
377,665
318,336
369,969
276,690
385,452
Cash
859,299
274,489
552,676
637,289
375,177
259,947
169,940
290,667
591,365
2,628,728
1,291,776
1,668,245
2,809,454
1,143,790
33,613
misc current assets
68,195
11,998
total current assets
9,630,537
8,560,256
5,623,467
4,132,391
4,996,426
5,141,508
5,553,258
5,581,181
6,616,742
6,834,283
6,934,121
7,591,300
6,325,802
4,240,761
5,132,588
total assets
13,403,668
10,746,329
7,783,020
6,277,813
6,669,897
6,566,658
6,879,764
6,859,548
7,870,541
7,085,560
7,142,552
7,900,270
8,864,805
7,130,611
8,151,406
Bank overdraft
Bank loan
13,141
1,814,312
Trade Creditors
1,596,136
1,498,939
1,026,175
842,530
1,476,317
899,088
1,258,304
1,125,343
721,668
2,702,943
494,544
618,623
754,998
687,021
681,588
Group/Directors Accounts
6,634,001
2,911,273
1,177,474
1,242,826
3,694,231
3,833,927
4,183,188
other short term finances
1,066,968
522,544
1,092,608
961,681
779,817
hp & lease commitments
133,694
121,031
120,561
134,875
87,705
other current liabilities
1,646,538
1,283,899
2,820,126
2,407,913
2,051,052
2,433,145
2,924,862
3,646,929
3,341,320
350,058
1,426,088
2,131,374
2,201,068
1,397,673
2,036,882
total current liabilities
10,023,510
7,629,454
5,033,830
3,907,862
4,707,682
4,293,914
4,962,983
4,772,272
4,062,988
3,053,001
3,098,106
3,992,823
6,650,297
5,918,621
6,901,658
loans
27,688
39,759
631,158
745,630
167,938
51,736
hp & lease commitments
266,132
224,653
261,210
358,382
63,592
Accruals and Deferred Income
other liabilities
206,894
80,250
provisions
271,149
271,149
625,184
556,532
630,564
580,560
780,410
1,362,250
1,756,026
1,522,856
626,730
419,254
321,577
233,482
277,164
total long term liabilities
771,863
535,561
628,171
731,331
399,251
316,148
390,205
681,125
878,013
761,428
626,730
419,254
321,577
233,482
277,164
total liabilities
10,795,373
8,165,015
5,662,001
4,639,193
5,106,933
4,610,062
5,353,188
5,453,397
4,941,001
3,814,429
3,724,836
4,412,077
6,971,874
6,152,103
7,178,822
net assets
2,608,295
2,581,314
2,121,019
1,638,620
1,562,964
1,956,596
1,526,576
1,406,151
2,929,540
3,271,131
3,417,716
3,488,193
1,892,931
978,508
972,584
total shareholders funds
2,608,295
2,581,314
2,121,019
1,638,620
1,562,964
1,956,596
1,526,576
1,406,151
2,929,540
3,271,131
3,417,716
3,488,193
1,892,931
978,508
972,584
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Operating Activities
Operating Profit
307,855
659,801
604,005
135,652
-297,669
507,177
150,015
-1,520,817
-318,111
-201,644
-64,874
2,055,541
1,582,194
912,290
-588,220
Depreciation
203,160
209,571
197,826
185,992
164,642
53,254
43,325
79,477
9,278
92,355
54,378
155,411
219,977
318,771
Amortisation
251,207
148,446
181,493
142,282
92,758
58,147
47,647
10,400
458
101,453
129,178
57,626
123,200
127,700
Tax
-23,805
54,606
-4,610
-474,535
-387,890
-240,000
-12,000
Stock
367,848
1,382,512
-268,213
258,085
-33,929
39,579
-187,913
397,136
-23,274
-871,961
-283,174
16,637
930,941
-599,591
1,657,781
Debtors
117,623
1,832,464
1,843,902
-1,384,232
-226,383
-541,336
280,717
-1,063,804
1,786,899
-576,827
2,464
2,390,070
-511,564
-1,402,413
3,441,194
Creditors
97,197
472,764
183,645
-633,787
577,229
-359,216
132,961
403,675
-1,981,275
2,208,399
-124,079
-136,375
67,977
5,433
681,588
Accruals and Deferred Income
362,639
-1,536,227
412,213
356,861
-382,093
-491,717
-722,067
305,609
2,991,262
-1,076,030
-705,286
-69,694
803,395
-639,209
2,036,882
Deferred Taxes & Provisions
-354,035
68,652
-74,032
50,004
-199,850
-581,840
-393,776
233,170
896,126
207,476
97,677
88,095
-43,682
277,164
Cash flow from operations
736,587
-3,614,656
72,145
1,239,115
465,183
69,552
-1,022,763
-448,764
-852,648
3,330,245
-216,855
-750,537
1,947,431
2,340,013
-2,257,090
Investing Activities
capital expenditure
-539,048
700,914
-393,450
-800,225
-505,721
-210,045
-139,111
-114,445
-1,012,258
-42,846
-93,269
2,046,477
137,810
-214,209
-3,465,289
Change in Investments
1,502,377
1,085,451
cash flow from investments
-2,041,425
700,914
-393,450
-800,225
-505,721
-210,045
-139,111
-114,445
-2,097,709
-42,846
-93,269
2,046,477
137,810
-214,209
-3,465,289
Financing Activities
Bank loans
-1,801,171
1,814,312
Group/Directors Accounts
3,722,728
2,911,273
-1,177,474
-65,352
-2,451,405
-139,696
-349,261
4,183,188
Other Short Term Loans
-1,066,968
544,424
-570,064
130,927
181,864
779,817
Long term loans
-12,071
-591,399
-114,472
577,692
116,202
51,736
Hire Purchase and Lease Commitments
54,142
-36,087
-111,486
341,960
151,297
other long term liabilities
206,894
-80,250
80,250
share issue
-271,548
-659,583
1,275,179
interest
-280,874
-199,506
-121,606
-59,996
-95,963
-77,088
-29,590
-2,572
325
453
-993
14,256
-8,333
-6,783
-60,968
cash flow from financing
1,889,648
2,831,625
116,610
369,842
302,463
156,512
750,227
-2,572
325
-1,177,021
-66,345
-2,437,149
-419,577
-1,015,627
5,397,399
cash and cash equivalents
cash
584,810
-278,187
-84,613
262,112
115,230
90,007
-120,727
-300,698
-2,037,363
1,336,952
-376,469
-1,141,209
1,665,664
1,110,177
33,613
overdraft
change in cash
584,810
-278,187
-84,613
262,112
115,230
90,007
-120,727
-300,698
-2,037,363
1,336,952
-376,469
-1,141,209
1,665,664
1,110,177
33,613
journeo fleet systems limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for journeo fleet systems limited. Get real-time insights into journeo fleet systems limited's credit score, group structure and payment trends.
Perform a competitor analysis for journeo fleet systems limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other mid companies, companies in LE65 area or any other competitors across 12 key performance metrics.
journeo fleet systems limited Ownership
JOURNEO FLEET SYSTEMS LIMITED group structure
Journeo Fleet Systems Limited has 1 subsidiary company.
The sole shareholder of Journeo Fleet Systems Limited is Journeo Plc.
journeo plc
100%
journeo fleet systems limited directors
Journeo Fleet Systems Limited currently has 3 directors.
The longest serving directors include
Mr Russell Singleton (Jan 2014) and
Mr Mark Elliott (Feb 2015).
21st century technology solutions limited (July 2016)
See more
accountant
-
auditor
COOPER PARRY GROUP LIMITED
address
12 charter point way, ashby-de-la-zouch, LE65 1NF
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
journeo fleet systems 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 29 charges/mortgages relating to journeo fleet systems limited. Currently there are 2 open charges and 27 have been satisfied in the past.
journeo fleet systems 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.
Click to start generating capital raising & share issue transactions for JOURNEO FLEET SYSTEMS LIMITED. This can take several minutes, an email will notify you when this has completed.
journeo fleet systems limitedCompanies House Filings - See Documents
