jafco tools ltd.
jafco tools ltd. Company Information
Company Number
01572004
Website
www.jafcotools.comRegistered Address
332-336 holloway road, london, N7 6NJ
Industry
Manufacture of tools
Telephone
01215567700
Next Accounts Due
June 2025
Group Structure
View All
Directors
Philip Cusack10 Years
Shareholders
p f cusack (tool supplies) ltd 100%
jafco tools ltd. Estimated Valuation
Pomanda estimates the enterprise value of JAFCO TOOLS LTD. at £969.3k based on a Turnover of £1.8m and 0.53x industry multiple (adjusted for size and gross margin).
jafco tools ltd. Estimated Valuation
Pomanda estimates the enterprise value of JAFCO TOOLS LTD. at £68.7k based on an EBITDA of £16.2k and a 4.25x industry multiple (adjusted for size and gross margin).
jafco tools ltd. Estimated Valuation
Pomanda estimates the enterprise value of JAFCO TOOLS LTD. at £2.1m based on Net Assets of £989.8k and 2.16x industry multiple (adjusted for liquidity).
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Jafco Tools Ltd. Overview
Jafco Tools Ltd. is a live company located in london, N7 6NJ with a Companies House number of 01572004. It operates in the manufacture of tools sector, SIC Code 25730. Founded in July 1981, it's largest shareholder is p f cusack (tool supplies) ltd with a 100% stake. Jafco Tools Ltd. is a mature, small sized company, Pomanda has estimated its turnover at £1.8m with declining growth in recent years.
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Jafco Tools Ltd. Health Check
Pomanda's financial health check has awarded Jafco Tools Ltd. a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
4 Regular
6 Weak
Size
annual sales of £1.8m, make it smaller than the average company (£8.5m)
- Jafco Tools Ltd.
£8.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (1.3%)
- Jafco Tools Ltd.
1.3% - Industry AVG
Production
with a gross margin of 34.3%, this company has a comparable cost of product (34.3%)
- Jafco Tools Ltd.
34.3% - Industry AVG
Profitability
an operating margin of -2.1% make it less profitable than the average company (4.1%)
- Jafco Tools Ltd.
4.1% - Industry AVG
Employees
with 24 employees, this is below the industry average (52)
24 - Jafco Tools Ltd.
52 - Industry AVG
Pay Structure
on an average salary of £44.8k, the company has an equivalent pay structure (£44.8k)
- Jafco Tools Ltd.
£44.8k - Industry AVG
Efficiency
resulting in sales per employee of £76.6k, this is less efficient (£152k)
- Jafco Tools Ltd.
£152k - Industry AVG
Debtor Days
it gets paid by customers after 55 days, this is earlier than average (78 days)
- Jafco Tools Ltd.
78 days - Industry AVG
Creditor Days
its suppliers are paid after 31 days, this is close to average (31 days)
- Jafco Tools Ltd.
31 days - Industry AVG
Stock Days
it holds stock equivalent to 226 days, this is more than average (133 days)
- Jafco Tools Ltd.
133 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 15 weeks, this is average cash available to meet short term requirements (15 weeks)
15 weeks - Jafco Tools Ltd.
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 25.8%, this is a lower level of debt than the average (35.1%)
25.8% - Jafco Tools Ltd.
35.1% - Industry AVG
JAFCO TOOLS LTD. financials
Jafco Tools Ltd.'s latest turnover from September 2023 is estimated at £1.8 million and the company has net assets of £989.8 thousand. According to their latest financial statements, Jafco Tools Ltd. has 24 employees and maintains cash reserves of £94.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,199,615 | 1,210,967 | 1,118,730 | 955,108 | 854,319 | 724,670 | |||||||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||
| Cost Of Sales | 657,456 | 600,757 | 581,679 | 513,594 | 417,660 | 369,841 | |||||||||
| Gross Profit | 542,159 | 610,210 | 537,051 | 441,514 | 436,659 | 354,829 | |||||||||
| Admin Expenses | 592,850 | 586,391 | 567,079 | 564,152 | 398,398 | 319,464 | |||||||||
| Operating Profit | -50,691 | 23,819 | -30,028 | -122,638 | 38,261 | 35,365 | |||||||||
| Interest Payable | 5,040 | 4,169 | 4,820 | 5,141 | 4,521 | 6,306 | |||||||||
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||
| Pre-Tax Profit | -55,731 | 19,650 | -34,848 | -127,779 | -252,336 | 29,059 | |||||||||
| Tax | 15,805 | -7,443 | 2,061 | -2,795 | 29,962 | 0 | |||||||||
| Profit After Tax | -39,926 | 12,207 | -32,787 | -130,574 | -222,374 | 29,059 | |||||||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||
| Retained Profit | -39,926 | 12,207 | -32,787 | -130,574 | -222,374 | 29,059 | |||||||||
| Employee Costs | 384,843 | 386,650 | 377,973 | 333,549 | 219,018 | 201,789 | |||||||||
| Number Of Employees | 24 | 20 | 23 | 23 | 20 | 20 | 20 | 20 | 18 | 15 | 9 | ||||
| EBITDA* | -23,499 | 43,889 | -7,564 | -97,184 | 46,695 | 38,233 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 211,006 | 167,736 | 148,503 | 584,715 | 537,759 | 543,857 | 531,784 | 551,854 | 574,318 | 552,755 | 812,277 | 815,125 | 817,911 | 823,243 | 832,566 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 211,006 | 167,736 | 148,503 | 584,715 | 537,759 | 543,857 | 531,784 | 551,854 | 574,318 | 552,755 | 812,277 | 815,125 | 817,911 | 823,243 | 832,566 |
| Stock & work in progress | 748,036 | 881,017 | 687,368 | 485,985 | 493,082 | 566,583 | 538,828 | 526,696 | 476,678 | 333,314 | 229,394 | 306,242 | 368,952 | 467,060 | 471,766 |
| Trade Debtors | 281,032 | 242,823 | 396,292 | 342,461 | 249,547 | 94,076 | 58,650 | 73,165 | 98,947 | 106,246 | 55,867 | 94,459 | 129,603 | 11,144 | 32,358 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 52,239 | 3,179 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 25,037 | 21,785 | 29,228 | 36,424 | 49,084 | 28,549 | 0 | 0 | 99,589 | 109,807 |
| Cash | 94,351 | 84,263 | 13,142 | 66,422 | 0 | 0 | 0 | 0 | 0 | 31,350 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,123,419 | 1,208,103 | 1,096,802 | 894,868 | 742,629 | 685,696 | 619,263 | 629,089 | 664,288 | 523,173 | 313,810 | 400,701 | 498,555 | 577,793 | 613,931 |
| total assets | 1,334,425 | 1,375,839 | 1,245,305 | 1,479,583 | 1,280,388 | 1,229,553 | 1,151,047 | 1,180,943 | 1,238,606 | 1,075,928 | 1,126,087 | 1,215,826 | 1,316,466 | 1,401,036 | 1,446,497 |
| Bank overdraft | 0 | 0 | 0 | 11,282 | 41,301 | 49,314 | 42,732 | 54,827 | 59,583 | 9,681 | 44,832 | 0 | 0 | 253,580 | 273,247 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 10,577 | 10,266 | 9,970 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 103,900 | 111,409 | 88,727 | 146,014 | 110,825 | 121,302 | 125,617 | 136,617 | 81,781 | 32,411 | 101,514 | 401,309 | 392,340 | 154,484 | 210,808 |
| Group/Directors Accounts | 122,560 | 122,560 | 122,560 | 509,545 | 569,545 | 634,545 | 518,545 | 538,545 | 574,958 | 0 | 0 | 0 | 0 | 36,290 | 42,567 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 674 | 8,090 | 8,090 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 84,259 | 87,545 | 76,095 | 153,568 | 71,603 | 50,641 | 45,885 | 34,455 | 63,021 | 130,882 | 157,298 | 0 | 0 | 0 | 0 |
| total current liabilities | 310,719 | 321,514 | 287,382 | 821,083 | 801,364 | 863,892 | 743,356 | 774,710 | 789,313 | 172,974 | 303,644 | 401,309 | 392,340 | 444,354 | 526,622 |
| loans | 0 | 0 | 0 | 105,877 | 117,171 | 128,218 | 139,084 | 149,833 | 160,106 | 473,631 | 170,746 | 108,607 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 673 | 8,762 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 83,272 | 213,459 | 235,580 | 259,053 |
| provisions | 33,918 | 31,340 | 27,569 | 19,610 | 11,440 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 33,918 | 31,340 | 27,569 | 125,487 | 129,284 | 136,980 | 139,084 | 149,833 | 160,106 | 473,631 | 170,746 | 191,879 | 213,459 | 235,580 | 259,053 |
| total liabilities | 344,637 | 352,854 | 314,951 | 946,570 | 930,648 | 1,000,872 | 882,440 | 924,543 | 949,419 | 646,605 | 474,390 | 593,188 | 605,799 | 679,934 | 785,675 |
| net assets | 989,788 | 1,022,985 | 930,354 | 533,013 | 349,740 | 228,681 | 268,607 | 256,400 | 289,187 | 429,323 | 651,697 | 622,638 | 710,667 | 721,102 | 660,822 |
| total shareholders funds | 989,788 | 1,022,985 | 930,354 | 533,013 | 349,740 | 228,681 | 268,607 | 256,400 | 289,187 | 429,323 | 651,697 | 622,638 | 710,667 | 721,102 | 660,822 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | -50,691 | 23,819 | -30,028 | -122,638 | 38,261 | 35,365 | |||||||||
| Depreciation | 53,815 | 39,609 | 24,893 | 28,888 | 24,617 | 27,192 | 20,070 | 22,464 | 25,454 | 8,434 | 2,868 | 4,312 | 5,332 | 11,848 | 13,986 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 15,805 | -7,443 | 2,061 | -2,795 | 29,962 | 0 | |||||||||
| Stock | -132,981 | 193,649 | 201,383 | -7,097 | -73,501 | 27,755 | 12,132 | 50,018 | 143,364 | 103,920 | -76,848 | -62,710 | -98,108 | -4,706 | 471,766 |
| Debtors | 38,209 | -153,469 | 53,831 | 92,914 | 130,434 | 38,678 | -21,958 | -85,217 | 29,101 | 74,093 | -10,043 | -35,144 | 18,870 | -31,432 | 142,165 |
| Creditors | -7,509 | 22,682 | -57,287 | 35,189 | -10,477 | -4,315 | -11,000 | 54,836 | 49,370 | -69,103 | -299,795 | 8,969 | 237,856 | -56,324 | 210,808 |
| Accruals and Deferred Income | -3,286 | 11,450 | -77,473 | 81,965 | 20,962 | 4,756 | 11,430 | -28,566 | -67,861 | -26,416 | 157,298 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 2,578 | 3,771 | 7,959 | 8,170 | 11,440 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -73,686 | 46,702 | 55,966 | -290,935 | -196,875 | -17,373 | |||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | -10,577 | 311 | 296 | 9,970 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | -386,985 | -60,000 | -65,000 | 116,000 | -20,000 | -36,413 | 574,958 | 0 | 0 | 0 | -36,290 | -6,277 | 42,567 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | -105,877 | -11,294 | -11,047 | -10,866 | -10,749 | -10,273 | -313,525 | 302,885 | 62,139 | 108,607 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | -674 | -8,089 | -8,089 | 16,852 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -83,272 | -130,187 | -22,121 | -23,473 | 259,053 |
| share issue | |||||||||||||||
| interest | -5,040 | -4,169 | -4,820 | -5,141 | -4,521 | -6,306 | |||||||||
| cash flow from financing | 106,369 | -34,607 | -51,210 | 256,700 | 298,364 | -27,439 | |||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 10,088 | 71,121 | -53,280 | 66,422 | 0 | 0 | 0 | 0 | -31,350 | 31,350 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | -11,282 | -30,019 | -8,013 | 6,582 | -12,095 | -4,756 | 49,902 | -35,151 | 44,832 | 0 | -253,580 | -19,667 | 273,247 |
| change in cash | 10,088 | 71,121 | -41,998 | 96,441 | 8,013 | -6,582 | 12,095 | 4,756 | -81,252 | 66,501 | -44,832 | 0 | 253,580 | 19,667 | -273,247 |
jafco tools ltd. Credit Report and Business Information
Jafco Tools Ltd. Competitor Analysis
Perform a competitor analysis for jafco tools ltd. by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in N 7 area or any other competitors across 12 key performance metrics.
jafco tools ltd. Ownership
JAFCO TOOLS LTD. group structure
Jafco Tools Ltd. has no subsidiary companies.
Ultimate parent company
2 parents
JAFCO TOOLS LTD.
01572004
jafco tools ltd. directors
Jafco Tools Ltd. currently has 1 director, Mr Philip Cusack serving since Apr 2014.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Philip Cusack | England | 72 years | Apr 2014 | - | Director |
P&L
September 2023turnover
1.8m
+15%
operating profit
-37.7k
0%
gross margin
34.4%
-1.98%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
989.8k
-0.03%
total assets
1.3m
-0.03%
cash
94.4k
+0.12%
net assets
Total assets minus all liabilities
jafco tools ltd. company details
company number
01572004
Type
Private limited with Share Capital
industry
25730 - Manufacture of tools
incorporation date
July 1981
age
43
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
September 2023
previous names
wedgeport limited (February 1995)
accountant
-
auditor
-
address
332-336 holloway road, london, N7 6NJ
Bank
LLOYDS TSB BANK PLC
Legal Advisor
-
jafco tools 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 7 charges/mortgages relating to jafco tools ltd.. Currently there are 0 open charges and 7 have been satisfied in the past.
jafco tools ltd. Companies House Filings - See Documents
| date | description | view/download |
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