Pomanda estimates the enterprise value of JCB INSURANCE SERVICES LIMITED at £4.4m based on a Turnover of £6.6m and 0.67x industry multiple (adjusted for size and gross margin).
jcb insurance services limitedEstimated Valuation
£32.5m
Pomanda estimates the enterprise value of JCB INSURANCE SERVICES LIMITED at £32.5m based on an EBITDA of £4.4m and a 7.34x industry multiple (adjusted for size and gross margin).
jcb insurance services limitedEstimated Valuation
£22.2m
Pomanda estimates the enterprise value of JCB INSURANCE SERVICES LIMITED at £22.2m based on Net Assets of £13.6m and 1.64x industry multiple (adjusted for liquidity).
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Jcb Insurance Services LimitedOverview
Jcb Insurance Services Limited is a live company located in staffordshire, ST14 5JP with a Companies House number of 01819946. It operates in the non-life insurance sector, SIC Code 65120. Founded in May 1984, it's largest shareholder is
j c bamford excavators ltd
with a 100% stake. Jcb Insurance Services Limited is a mature,
mid sized company, Pomanda has estimated its turnover at
£6.6m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Jcb Insurance Services Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 0 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
8 Strong
2 Regular
0 Weak
Size
annual sales of £6.6m, make it larger than the average company (£2.1m)
£6.6m - Jcb Insurance Services Limited
£2.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 12%, show it is growing at a faster rate (8.7%)
12% - Jcb Insurance Services Limited
8.7% - Industry AVG
Production
with a gross margin of 100%, this company has a comparable cost of product (100%)
100% - Jcb Insurance Services Limited
100% - Industry AVG
Profitability
an operating margin of 66.5% make it more profitable than the average company (17.5%)
66.5% - Jcb Insurance Services Limited
17.5% - Industry AVG
Employees
with 31 employees, this is similar to the industry average (26)
31 - Jcb Insurance Services Limited
26 - Industry AVG
Pay Structure
on an average salary of £48.1k, the company has a lower pay structure (£65.3k)
£48.1k - Jcb Insurance Services Limited
£65.3k - Industry AVG
Efficiency
resulting in sales per employee of £213.2k, this is more efficient (£163.8k)
£213.2k - Jcb Insurance Services Limited
£163.8k - Industry AVG
Debtor Days
it gets paid by customers after 153 days, this is earlier than average (216 days)
153 days - Jcb Insurance Services Limited
216 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Jcb Insurance Services Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Jcb Insurance Services Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 161 weeks, this is more cash available to meet short term requirements (18 weeks)
161 weeks - Jcb Insurance Services Limited
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 27%, this is a lower level of debt than the average (81.5%)
27% - Jcb Insurance Services Limited
81.5% - Industry AVG
JCB INSURANCE SERVICES LIMITED financials
EXPORT
Jcb Insurance Services Limited's latest turnover from December 2023 is £6.6 million and the company has net assets of £13.6 million. According to their latest financial statements, Jcb Insurance Services Limited has 31 employees and maintains cash reserves of £15.5 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
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Turnover
6,610,000
5,477,000
5,210,000
4,719,000
4,704,000
4,487,000
3,974,000
3,733,000
3,483,000
3,397,000
2,925,000
2,781,000
2,644,000
2,762,000
2,727,000
Other Income Or Grants
Cost Of Sales
28,921
114,913
347,235
596,858
726,237
691,610
721,967
809,529
Gross Profit
6,610,000
5,477,000
5,210,000
4,719,000
4,704,000
4,487,000
3,945,079
3,618,087
3,135,765
2,800,142
2,198,763
2,089,390
1,922,033
1,952,471
Admin Expenses
2,216,000
1,940,000
1,876,000
1,599,000
1,861,000
1,931,000
1,823,079
1,726,087
1,330,765
1,151,142
955,763
964,390
1,015,033
707,471
-1,226,000
Operating Profit
4,394,000
3,537,000
3,334,000
3,120,000
2,843,000
2,556,000
2,122,000
1,892,000
1,805,000
1,649,000
1,243,000
1,125,000
907,000
1,245,000
1,226,000
Interest Payable
Interest Receivable
543,000
143,000
9,000
28,000
62,000
53,000
24,000
16,000
39,000
34,000
34,000
34,000
39,000
7,000
12,000
Pre-Tax Profit
4,937,000
3,680,000
3,343,000
3,148,000
2,905,000
2,609,000
2,146,000
1,908,000
1,844,000
1,683,000
1,277,000
1,159,000
946,000
1,252,000
1,238,000
Tax
-1,051,000
-703,000
-635,000
-595,000
-551,000
-496,000
-411,000
-382,000
-373,000
-363,000
-297,000
-284,000
-250,000
-356,000
-349,000
Profit After Tax
3,886,000
2,977,000
2,708,000
2,553,000
2,354,000
2,113,000
1,735,000
1,526,000
1,471,000
1,320,000
980,000
875,000
696,000
896,000
889,000
Dividends Paid
2,000,000
5,000,000
397,000
2,200,000
2,000,000
1,500,000
1,000,000
1,200,000
1,750,000
Retained Profit
3,886,000
977,000
-2,292,000
2,156,000
154,000
113,000
1,735,000
26,000
1,471,000
320,000
980,000
-325,000
696,000
896,000
-861,000
Employee Costs
1,491,000
1,350,000
1,169,000
1,072,000
1,299,000
1,405,000
1,320,000
1,316,000
1,185,000
1,250,000
1,192,000
1,176,000
1,202,000
1,074,000
1,059,000
Number Of Employees
31
28
26
27
31
33
31
32
32
33
32
34
36
34
33
EBITDA*
4,422,000
3,563,000
3,362,000
3,150,000
2,861,000
2,570,000
2,137,000
1,904,000
1,820,000
1,668,000
1,262,000
1,146,000
934,000
1,267,000
1,247,000
* 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
80,000
108,000
101,000
113,000
131,000
43,000
47,000
31,000
38,000
45,000
49,000
51,000
71,000
68,000
57,000
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
80,000
108,000
101,000
113,000
131,000
43,000
47,000
31,000
38,000
45,000
49,000
51,000
71,000
68,000
57,000
Stock & work in progress
Trade Debtors
2,772,000
2,078,000
2,724,000
2,075,000
2,949,000
1,958,000
1,863,000
1,849,000
1,128,000
1,033,000
995,000
879,000
716,000
710,000
398,000
Group Debtors
1,000
1,000
187,000
133,000
Misc Debtors
219,000
121,000
79,000
72,000
56,000
65,000
63,000
76,000
81,000
76,000
73,000
83,000
65,000
82,000
85,000
Cash
15,513,000
12,388,000
10,162,000
12,282,000
9,045,000
9,146,000
9,688,000
7,984,000
7,759,000
6,348,000
5,691,000
4,721,000
5,358,000
4,688,000
3,839,000
misc current assets
total current assets
18,504,000
14,587,000
12,965,000
14,429,000
12,050,000
11,169,000
11,614,000
9,909,000
8,968,000
7,457,000
6,760,000
5,684,000
6,139,000
5,667,000
4,455,000
total assets
18,584,000
14,695,000
13,066,000
14,542,000
12,181,000
11,212,000
11,661,000
9,940,000
9,006,000
7,502,000
6,809,000
5,735,000
6,210,000
5,735,000
4,512,000
Bank overdraft
Bank loan
Trade Creditors
2,341,000
2,521,000
2,785,000
1,997,000
2,433,000
1,542,000
2,283,000
2,456,000
1,631,000
1,671,000
1,419,000
1,277,000
1,352,000
1,350,000
1,283,000
Group/Directors Accounts
1,185,000
1,365,000
441,000
1,128,000
422,000
606,000
531,000
407,000
316,000
202,000
115,000
169,000
283,000
432,000
173,000
other short term finances
hp & lease commitments
other current liabilities
1,483,000
1,120,000
1,128,000
413,000
478,000
370,000
266,000
231,000
239,000
280,000
246,000
240,000
201,000
275,000
274,000
total current liabilities
5,009,000
5,006,000
4,354,000
3,538,000
3,333,000
2,518,000
3,080,000
3,094,000
2,186,000
2,153,000
1,780,000
1,686,000
1,836,000
2,057,000
1,730,000
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
5,009,000
5,006,000
4,354,000
3,538,000
3,333,000
2,518,000
3,080,000
3,094,000
2,186,000
2,153,000
1,780,000
1,686,000
1,836,000
2,057,000
1,730,000
net assets
13,575,000
9,689,000
8,712,000
11,004,000
8,848,000
8,694,000
8,581,000
6,846,000
6,820,000
5,349,000
5,029,000
4,049,000
4,374,000
3,678,000
2,782,000
total shareholders funds
13,575,000
9,689,000
8,712,000
11,004,000
8,848,000
8,694,000
8,581,000
6,846,000
6,820,000
5,349,000
5,029,000
4,049,000
4,374,000
3,678,000
2,782,000
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
4,394,000
3,537,000
3,334,000
3,120,000
2,843,000
2,556,000
2,122,000
1,892,000
1,805,000
1,649,000
1,243,000
1,125,000
907,000
1,245,000
1,226,000
Depreciation
28,000
26,000
28,000
30,000
18,000
14,000
15,000
12,000
15,000
19,000
19,000
21,000
27,000
22,000
21,000
Amortisation
Tax
-1,051,000
-703,000
-635,000
-595,000
-551,000
-496,000
-411,000
-382,000
-373,000
-363,000
-297,000
-284,000
-250,000
-356,000
-349,000
Stock
Debtors
792,000
-604,000
656,000
-858,000
982,000
97,000
1,000
716,000
100,000
40,000
106,000
182,000
-198,000
363,000
616,000
Creditors
-180,000
-264,000
788,000
-436,000
891,000
-741,000
-173,000
825,000
-40,000
252,000
142,000
-75,000
2,000
67,000
1,283,000
Accruals and Deferred Income
363,000
-8,000
715,000
-65,000
108,000
104,000
35,000
-8,000
-41,000
34,000
6,000
39,000
-74,000
1,000
274,000
Deferred Taxes & Provisions
Cash flow from operations
2,762,000
3,192,000
3,574,000
2,912,000
2,327,000
1,340,000
1,587,000
1,623,000
1,266,000
1,551,000
1,007,000
644,000
810,000
616,000
1,839,000
Investing Activities
capital expenditure
-33,000
-16,000
-12,000
-106,000
-10,000
-31,000
-5,000
-8,000
-15,000
-17,000
-1,000
-30,000
-33,000
-78,000
Change in Investments
cash flow from investments
-33,000
-16,000
-12,000
-106,000
-10,000
-31,000
-5,000
-8,000
-15,000
-17,000
-1,000
-30,000
-33,000
-78,000
Financing Activities
Bank loans
Group/Directors Accounts
-180,000
924,000
-687,000
706,000
-184,000
75,000
124,000
91,000
114,000
87,000
-54,000
-114,000
-149,000
259,000
173,000
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
3,643,000
interest
543,000
143,000
9,000
28,000
62,000
53,000
24,000
16,000
39,000
34,000
34,000
34,000
39,000
7,000
12,000
cash flow from financing
363,000
1,067,000
-678,000
734,000
-122,000
128,000
148,000
107,000
153,000
121,000
-20,000
-80,000
-110,000
266,000
3,828,000
cash and cash equivalents
cash
3,125,000
2,226,000
-2,120,000
3,237,000
-101,000
-542,000
1,704,000
225,000
1,411,000
657,000
970,000
-637,000
670,000
849,000
3,839,000
overdraft
change in cash
3,125,000
2,226,000
-2,120,000
3,237,000
-101,000
-542,000
1,704,000
225,000
1,411,000
657,000
970,000
-637,000
670,000
849,000
3,839,000
jcb insurance services 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 jcb insurance services limited. Get real-time insights into jcb insurance services limited's credit score, group structure and payment trends.
Perform a competitor analysis for jcb insurance services limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mid companies, companies in ST14 area or any other competitors across 12 key performance metrics.
jcb insurance services limited Ownership
JCB INSURANCE SERVICES LIMITED group structure
Jcb Insurance Services Limited has no subsidiary companies.
The sole shareholder of Jcb Insurance Services Limited is J C Bamford Excavators Ltd.
j c bamford excavators ltd
100%
jcb insurance services limited directors
Jcb Insurance Services Limited currently has 3 directors.
The longest serving directors include
Mr Michael Gregory (Feb 2006) and
Mr Adrian Ross (Oct 2020).
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 did not find charges/mortgages relating to jcb insurance services limited.
jcb insurance services 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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jcb insurance services limitedCompanies House Filings - See Documents
