jomast developments limited
jomast developments limited Company Information
Company Number
01378354
Next Accounts
Dec 2025
Shareholders
jomast ltd
Group Structure
View All
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
+2Registered Address
top floor, oriel house, calverts lane, bishop street, stockton-on-tees, cleveland, TS18 1SW
Website
www.jomast.co.ukjomast developments limited Estimated Valuation
Pomanda estimates the enterprise value of JOMAST DEVELOPMENTS LIMITED at £11.1m based on a Turnover of £7.1m and 1.57x industry multiple (adjusted for size and gross margin).
jomast developments limited Estimated Valuation
Pomanda estimates the enterprise value of JOMAST DEVELOPMENTS LIMITED at £7.5m based on an EBITDA of £1.5m and a 5.02x industry multiple (adjusted for size and gross margin).
jomast developments limited Estimated Valuation
Pomanda estimates the enterprise value of JOMAST DEVELOPMENTS LIMITED at £53.3m based on Net Assets of £34.8m and 1.53x industry multiple (adjusted for liquidity).
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Jomast Developments Limited Overview
Jomast Developments Limited is a live company located in stockton-on-tees, TS18 1SW with a Companies House number of 01378354. It operates in the construction of commercial buildings sector, SIC Code 41201. Founded in July 1978, it's largest shareholder is jomast ltd with a 100% stake. Jomast Developments Limited is a mature, mid sized company, Pomanda has estimated its turnover at £7.1m with low growth in recent years.
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Jomast Developments Limited Health Check
Pomanda's financial health check has awarded Jomast Developments Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
4 Weak
Size
annual sales of £7.1m, make it larger than the average company (£4.2m)
- Jomast Developments Limited
£4.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (8%)
- Jomast Developments Limited
8% - Industry AVG
Production
with a gross margin of 36.8%, this company has a comparable cost of product (36.8%)
- Jomast Developments Limited
36.8% - Industry AVG
Profitability
an operating margin of 20.3% make it more profitable than the average company (12.8%)
- Jomast Developments Limited
12.8% - Industry AVG
Employees
with 45 employees, this is above the industry average (12)
45 - Jomast Developments Limited
12 - Industry AVG
Pay Structure
on an average salary of £42.8k, the company has an equivalent pay structure (£42.8k)
- Jomast Developments Limited
£42.8k - Industry AVG
Efficiency
resulting in sales per employee of £157.4k, this is less efficient (£236.9k)
- Jomast Developments Limited
£236.9k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (34 days)
- Jomast Developments Limited
34 days - Industry AVG
Creditor Days
its suppliers are paid after 160 days, this is slower than average (35 days)
- Jomast Developments Limited
35 days - Industry AVG
Stock Days
it holds stock equivalent to 809 days, this is more than average (108 days)
- Jomast Developments Limited
108 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (16 weeks)
0 weeks - Jomast Developments Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 52.1%, this is a lower level of debt than the average (68.6%)
52.1% - Jomast Developments Limited
68.6% - Industry AVG
JOMAST DEVELOPMENTS LIMITED financials
Jomast Developments Limited's latest turnover from March 2024 is estimated at £7.1 million and the company has net assets of £34.8 million. According to their latest financial statements, Jomast Developments Limited has 45 employees and maintains cash reserves of £465 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 7,723,560 | 6,737,627 | 7,062,390 | 7,302,390 | 21,787,782 | 12,953,514 | 9,214,272 | 16,224,012 | 18,020,946 | 15,971,161 | 11,592,130 | 8,529,360 | 6,071,964 | 7,989,428 | |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 6,761,192 | 7,045,911 | 6,569,743 | 5,903,644 | 18,350,570 | 12,191,749 | 8,474,847 | 13,074,794 | 14,580,450 | ||||||
| Gross Profit | 962,368 | -308,284 | 492,647 | 1,398,746 | 3,437,212 | 761,765 | 739,425 | 3,149,218 | 3,440,496 | ||||||
| Admin Expenses | 1,654,231 | -3,234,161 | 908,063 | 2,410,285 | 2,441,749 | 1,452,184 | 2,391,186 | 1,792,648 | 1,584,221 | ||||||
| Operating Profit | -691,863 | 2,925,877 | -415,416 | -1,011,539 | 995,463 | -690,419 | -1,651,761 | 1,356,570 | 1,856,275 | 5,891,054 | 816,258 | 352,270 | 386,439 | 254,447 | |
| Interest Payable | 1,244 | 194 | 51,124 | 100,294 | 104,537 | 106,788 | |||||||||
| Interest Receivable | 589,013 | 508,514 | 478,580 | 694,305 | 1,284,404 | 1,405,427 | 916,371 | 725,621 | 627,197 | 769,801 | 98,182 | 92,098 | 182,286 | ||
| Pre-Tax Profit | -104,094 | 3,434,391 | 62,970 | -342,234 | 2,134,867 | 1,750,377 | -7,612,931 | -10,359,734 | 2,483,472 | 6,660,855 | 863,316 | 344,074 | 464,188 | 147,659 | |
| Tax | -29,000 | -184,058 | -775,000 | -252,965 | -250,890 | -714,023 | 1,465,000 | 2,400,000 | -50,000 | 18,471 | |||||
| Profit After Tax | -133,094 | 3,250,333 | -712,030 | -595,199 | 1,883,977 | 1,036,354 | -6,147,931 | -7,959,734 | 2,433,472 | 6,660,855 | 863,316 | 344,074 | 482,659 | 147,659 | |
| Dividends Paid | 5,000,000 | ||||||||||||||
| Retained Profit | -133,094 | 3,250,333 | -712,030 | -595,199 | 1,883,977 | 1,036,354 | -6,147,931 | -7,959,734 | 2,433,472 | 6,660,855 | -4,136,684 | 344,074 | 482,659 | 147,659 | |
| Employee Costs | 1,483,861 | 1,507,869 | 1,496,154 | 1,924,169 | 2,055,864 | 1,881,323 | 2,281,940 | 3,125,170 | 2,460,359 | 2,304,785 | 2,171,625 | 2,221,019 | 2,084,515 | 1,937,428 | |
| Number Of Employees | 45 | 35 | 35 | 41 | 58 | 64 | 64 | 76 | 104 | 95 | 82 | 87 | 94 | 94 | 82 |
| EBITDA* | -650,535 | 2,961,803 | -364,386 | -930,298 | 1,080,387 | -599,995 | -1,530,308 | 1,501,069 | 1,900,825 | 5,913,247 | 838,317 | 373,646 | 411,219 | 286,240 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 185,355 | 191,408 | 121,099 | 153,614 | 249,180 | 297,147 | 295,182 | 383,456 | 497,977 | 37,573,094 | 39,127,229 | 42,649,806 | 53,999,667 | 65,360 | 95,384 |
| Intangible Assets | |||||||||||||||
| Investments & Other | 16,744,884 | 16,744,884 | 16,744,884 | 16,744,884 | 16,744,884 | 16,110,000 | 15,935,000 | 16,899,631 | 24,060,823 | 1 | 56,017,022 | 53,889,781 | |||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 16,930,239 | 16,936,292 | 16,865,983 | 16,898,498 | 16,994,064 | 16,407,147 | 16,230,182 | 17,283,087 | 24,558,800 | 37,573,094 | 39,127,229 | 42,649,806 | 53,999,668 | 56,082,382 | 53,985,165 |
| Stock & work in progress | 9,930,000 | 8,050,000 | 8,121,000 | 10,343,500 | 8,728,000 | 6,365,500 | 6,938,000 | 9,289,017 | 11,227,417 | 8,558,292 | 8,409,154 | 2,829,000 | 5,310,000 | 6,567,000 | 5,747,000 |
| Trade Debtors | 17,949 | 438,883 | 26,736 | 178,860 | 3,125,125 | 3,380,933 | 106,652 | 1,365 | 476,475 | 5,721 | 541,630 | 493,806 | 43,034 | 193,677 | 230,878 |
| Group Debtors | 45,009,825 | 45,653,305 | 44,932,658 | 38,257,539 | 37,985,002 | 46,143,533 | 43,004,668 | 38,671,137 | 34,117,743 | 29,560,883 | 21,801,925 | 11,586,569 | 13,280,943 | 9,439,904 | 7,778,232 |
| Misc Debtors | 358,306 | 294,505 | 61,748 | 1,626,432 | 939,328 | 215,446 | 542,872 | 272,559 | 895,792 | 657,791 | 425,641 | 151,396 | 244,696 | 668,195 | 195,946 |
| Cash | 464,969 | 80,575 | 280,297 | 205,056 | 7,745,176 | 10,884,941 | 14,363,582 | 12,503,357 | 10,620,200 | 9,143,994 | 7,894,150 | 9,833,575 | 1,188,935 | ||
| misc current assets | |||||||||||||||
| total current assets | 55,781,049 | 54,436,693 | 53,142,142 | 50,486,906 | 51,057,752 | 56,310,468 | 58,337,368 | 59,119,019 | 61,081,009 | 51,286,044 | 41,798,550 | 24,204,765 | 26,772,823 | 26,702,351 | 15,140,991 |
| total assets | 72,711,288 | 71,372,985 | 70,008,125 | 67,385,404 | 68,051,816 | 72,717,615 | 74,567,550 | 76,402,106 | 85,639,809 | 88,859,138 | 80,925,779 | 66,854,571 | 80,772,491 | 82,784,733 | 69,126,156 |
| Bank overdraft | 388,776 | 12,962 | |||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 1,967,108 | 1,449,039 | 1,060,263 | 1,811,997 | 1,489,965 | 1,595,312 | 1,583,628 | 893,634 | 1,045,450 | 1,577,157 | 809,738 | 457,778 | 598,054 | 809,857 | 887,928 |
| Group/Directors Accounts | 48,538 | 51,466 | 49,908 | 51,638 | 58,484 | 420,883 | 14,573 | 63,539 | 115,781 | 667,912 | 18,950,149 | 24,964,159 | 22,431,011 | ||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 32,761,775 | 32,621,933 | 31,919,127 | 31,716,237 | 32,760,805 | 36,373,659 | 40,463,565 | 44,361,042 | 45,833,998 | 38,098,347 | 32,187,664 | 24,577,140 | 15,928,330 | 11,415,857 | 914,866 |
| total current liabilities | 34,777,421 | 34,511,214 | 33,042,260 | 33,579,872 | 34,309,254 | 38,389,854 | 42,061,766 | 45,254,676 | 46,879,448 | 39,739,043 | 33,113,183 | 25,702,830 | 35,476,533 | 37,189,873 | 24,233,805 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 3,122,000 | 3,119,000 | 3,090,000 | 3,180,000 | 2,405,000 | 2,395,000 | 2,457,000 | 2,135,000 | 3,600,000 | 6,000,000 | |||||
| total long term liabilities | 3,122,000 | 3,119,000 | 3,090,000 | 3,180,000 | 2,405,000 | 2,395,000 | 2,457,000 | 2,135,000 | 3,600,000 | 6,000,000 | |||||
| total liabilities | 37,899,421 | 37,630,214 | 36,132,260 | 36,759,872 | 36,714,254 | 40,784,854 | 44,518,766 | 47,389,676 | 50,479,448 | 45,739,043 | 33,113,183 | 25,702,830 | 35,476,533 | 37,189,873 | 24,233,805 |
| net assets | 34,811,867 | 33,742,771 | 33,875,865 | 30,625,532 | 31,337,562 | 31,932,761 | 30,048,784 | 29,012,430 | 35,160,361 | 43,120,095 | 47,812,596 | 41,151,741 | 45,295,958 | 45,594,860 | 44,892,351 |
| total shareholders funds | 34,811,867 | 33,742,771 | 33,875,865 | 30,625,532 | 31,337,562 | 31,932,761 | 30,048,784 | 29,012,430 | 35,160,361 | 43,120,095 | 47,812,596 | 41,151,741 | 45,295,958 | 45,594,860 | 44,892,351 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | -691,863 | 2,925,877 | -415,416 | -1,011,539 | 995,463 | -690,419 | -1,651,761 | 1,356,570 | 1,856,275 | 5,891,054 | 816,258 | 352,270 | 386,439 | 254,447 | |
| Depreciation | 53,543 | 41,328 | 35,926 | 51,030 | 81,241 | 84,924 | 90,424 | 121,453 | 144,499 | 44,550 | 22,193 | 22,059 | 21,376 | 24,780 | 31,793 |
| Amortisation | |||||||||||||||
| Tax | -29,000 | -184,058 | -775,000 | -252,965 | -250,890 | -714,023 | 1,465,000 | 2,400,000 | -50,000 | 18,471 | |||||
| Stock | 1,880,000 | -71,000 | -2,222,500 | 1,615,500 | 2,362,500 | -572,500 | -2,351,017 | -1,938,400 | 2,669,125 | 149,138 | 5,580,154 | -2,481,000 | -1,257,000 | 820,000 | 5,747,000 |
| Debtors | -1,000,613 | 1,365,551 | 4,958,311 | -1,986,624 | -7,690,457 | 6,085,720 | 4,709,131 | 3,455,051 | 5,265,615 | 7,455,199 | 10,537,425 | -1,336,902 | 3,266,897 | 2,096,720 | 8,205,056 |
| Creditors | 518,069 | 388,776 | -751,734 | 322,032 | -105,347 | 11,684 | 689,994 | -151,816 | -531,707 | 767,419 | 351,960 | -140,276 | -211,803 | -78,071 | 887,928 |
| Accruals and Deferred Income | 139,842 | 702,806 | 202,890 | -1,044,568 | -3,612,854 | -4,089,906 | -3,897,477 | -1,472,956 | 7,735,651 | 5,910,683 | 7,610,524 | 8,648,810 | 4,512,473 | 10,500,991 | 914,866 |
| Deferred Taxes & Provisions | 3,000 | 29,000 | -90,000 | 775,000 | 10,000 | -62,000 | 322,000 | -1,465,000 | -2,400,000 | 6,000,000 | |||||
| Cash flow from operations | -853,504 | -596,910 | -715,798 | 436,493 | -8,823,945 | -6,557,615 | -4,671,731 | 770,273 | 6,924,590 | -2,241,848 | 13,164,753 | 2,664,419 | 7,935,890 | -11,863,022 | |
| Investing Activities | |||||||||||||||
| capital expenditure | 11,318,728 | 1,418,362 | -1,906,791 | 200,862 | |||||||||||
| Change in Investments | 634,884 | 175,000 | -964,631 | -7,161,192 | 24,060,823 | -1 | -56,017,021 | 2,127,241 | 53,889,781 | ||||||
| cash flow from investments | 11,318,729 | 57,435,383 | -4,034,032 | -53,688,919 | |||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -2,928 | 1,558 | -1,730 | -6,846 | -362,399 | 406,310 | 14,573 | -63,539 | -52,242 | -552,131 | -18,282,237 | -6,014,010 | 2,533,148 | 22,431,011 | |
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | 587,769 | 508,514 | 478,386 | 694,305 | 1,284,404 | 1,405,427 | 916,371 | 725,621 | 627,197 | 769,801 | 47,058 | -8,196 | 77,749 | -106,788 | |
| cash flow from financing | 589,327 | 506,784 | 471,540 | 331,906 | 1,690,714 | 1,420,000 | 916,371 | 662,082 | -6,551,018 | 217,670 | -18,242,712 | -6,665,182 | 2,830,747 | 67,068,915 | |
| cash and cash equivalents | |||||||||||||||
| cash | 464,969 | -80,575 | -199,722 | 75,241 | -7,540,120 | -3,139,765 | -3,478,641 | 1,860,225 | 1,883,157 | 1,476,206 | 1,249,844 | -1,939,425 | 8,644,640 | 1,188,935 | |
| overdraft | -388,776 | 375,814 | 12,962 | ||||||||||||
| change in cash | 853,745 | -375,814 | -93,537 | -199,722 | 75,241 | -7,540,120 | -3,139,765 | -3,478,641 | 1,860,225 | 1,883,157 | 1,476,206 | 1,249,844 | -1,939,425 | 8,644,640 | 1,188,935 |
jomast developments limited Credit Report and Business Information
Jomast Developments Limited Competitor Analysis
Perform a competitor analysis for jomast developments limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other mid companies, companies in TS18 area or any other competitors across 12 key performance metrics.
jomast developments limited Ownership
JOMAST DEVELOPMENTS LIMITED group structure
Jomast Developments Limited has 1 subsidiary company.
Ultimate parent company
1 parent
JOMAST DEVELOPMENTS LIMITED
01378354
1 subsidiary
jomast developments limited directors
Jomast Developments Limited currently has 3 directors. The longest serving directors include Mrs Jennifer Monk (Nov 1991) and Mr Stuart Monk (Nov 1991).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Jennifer Monk | 73 years | Nov 1991 | - | Director | |
| Mr Stuart Monk | 75 years | Nov 1991 | - | Director | |
| Mr Ian Williams | 65 years | Apr 2004 | - | Director |
P&L
March 2024turnover
7.1m
-8%
operating profit
1.4m
0%
gross margin
36.8%
+195.12%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
34.8m
+0.03%
total assets
72.7m
+0.02%
cash
465k
0%
net assets
Total assets minus all liabilities
jomast developments limited company details
company number
01378354
Type
Private limited with Share Capital
industry
41202 - Construction of domestic buildings
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
41201 - Construction of commercial buildings
incorporation date
July 1978
age
47
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
March 2024
previous names
jomast construction limited (December 2001)
accountant
-
auditor
BAINES JEWITT LIMITED
address
top floor, oriel house, calverts lane, bishop street, stockton-on-tees, cleveland, TS18 1SW
Bank
BARCLAYS BANK PLC, BARCLAYS BANK PLC
Legal Advisor
-
jomast developments 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 39 charges/mortgages relating to jomast developments limited. Currently there are 7 open charges and 32 have been satisfied in the past.
jomast developments 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 JOMAST DEVELOPMENTS LIMITED. This can take several minutes, an email will notify you when this has completed.
jomast developments limited Companies House Filings - See Documents
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