jenrick technology limited
jenrick technology limited Company Information
Company Number
01848413
Website
www.jenrickit.co.ukRegistered Address
56 clarendon road, watford, herts, WD17 1DA
Industry
Temporary employment agency activities
Telephone
01932245500
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
mcg group (midco) limited 100%
jenrick technology limited Estimated Valuation
The estimated valuation range for jenrick technology limited, derived from financial data as of December 2022 and the most recent industry multiples, is between £0 to £1.8m
jenrick technology limited Estimated Valuation
The estimated valuation range for jenrick technology limited, derived from financial data as of December 2022 and the most recent industry multiples, is between £0 to £1.8m
jenrick technology limited Estimated Valuation
The estimated valuation range for jenrick technology limited, derived from financial data as of December 2022 and the most recent industry multiples, is between £0 to £1.8m
Get a detailed valuation report, edit figures and unlock valuation multiples.
Jenrick Technology Limited AI Business Plan
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Jenrick Technology Limited Overview
Jenrick Technology Limited is a live company located in herts, WD17 1DA with a Companies House number of 01848413. It operates in the temporary employment agency activities sector, SIC Code 78200. Founded in September 1984, it's largest shareholder is mcg group (midco) limited with a 100% stake. Jenrick Technology Limited is a mature, mid sized company, Pomanda has estimated its turnover at £9.1m with rapid growth in recent years.
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Jenrick Technology Limited Health Check
Pomanda's financial health check has awarded Jenrick Technology Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
5 Weak
Size
annual sales of £9.1m, make it smaller than the average company (£13.3m)
- Jenrick Technology Limited
£13.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 57%, show it is growing at a faster rate (1.1%)
- Jenrick Technology Limited
1.1% - Industry AVG
Production
with a gross margin of 17.7%, this company has a comparable cost of product (17.7%)
- Jenrick Technology Limited
17.7% - Industry AVG
Profitability
an operating margin of -22% make it less profitable than the average company (2.7%)
- Jenrick Technology Limited
2.7% - Industry AVG
Employees
with 7 employees, this is below the industry average (50)
7 - Jenrick Technology Limited
50 - Industry AVG
Pay Structure
on an average salary of £51k, the company has an equivalent pay structure (£51k)
- Jenrick Technology Limited
£51k - Industry AVG
Efficiency
resulting in sales per employee of £1.3m, this is more efficient (£273.1k)
- Jenrick Technology Limited
£273.1k - Industry AVG
Debtor Days
it gets paid by customers after 25 days, this is earlier than average (49 days)
- Jenrick Technology Limited
49 days - Industry AVG
Creditor Days
its suppliers are paid after 22 days, this is slower than average (4 days)
- Jenrick Technology Limited
4 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Jenrick Technology Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (6 weeks)
0 weeks - Jenrick Technology Limited
6 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 97.5%, this is a higher level of debt than the average (75.3%)
97.5% - Jenrick Technology Limited
75.3% - Industry AVG
jenrick technology limited Credit Report and Business Information
Jenrick Technology Limited Competitor Analysis
Perform a competitor analysis for jenrick technology limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
jenrick technology limited Ownership
JENRICK TECHNOLOGY LIMITED group structure
Jenrick Technology Limited has no subsidiary companies.
Ultimate parent company
2 parents
JENRICK TECHNOLOGY LIMITED
01848413
jenrick technology limited directors
Jenrick Technology Limited currently has 4 directors. The longest serving directors include Mr James Henderson (Dec 2021) and Mr James Henderson (Dec 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr James Henderson | Scotland | 46 years | Dec 2021 | - | Director |
| Mr James Henderson | 46 years | Dec 2021 | - | Director | |
| Mr Ford Garrard | 41 years | Jul 2023 | - | Director | |
| Mr Ian Langley | United Kingdom | 62 years | Jan 2024 | - | Director |
JENRICK TECHNOLOGY LIMITED financials
Jenrick Technology Limited's latest turnover from December 2022 is estimated at £9.1 million and the company has net assets of £63.3 thousand. According to their latest financial statements, Jenrick Technology Limited has 7 employees and maintains cash reserves of £14.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| 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 | 4,965,846 | 4,335,068 | 5,092,459 | 8,603,325 | 9,794,829 | 11,179,559 | 12,928,952 | 11,258,795 | 10,127,143 | |||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
| Cost Of Sales | 4,129,349 | 3,533,629 | 4,045,812 | 7,142,430 | 8,526,752 | 9,704,780 | 11,461,895 | 9,875,555 | 9,052,651 | |||||
| Gross Profit | 836,497 | 801,439 | 1,046,647 | 1,460,895 | 1,268,077 | 1,474,779 | 1,467,057 | 1,383,240 | 1,074,492 | |||||
| Admin Expenses | 642,324 | 879,747 | 1,012,030 | 1,158,048 | 1,102,388 | 1,258,112 | 1,237,597 | 1,154,716 | 1,114,011 | |||||
| Operating Profit | 194,173 | -78,308 | 34,617 | 302,847 | 165,689 | 216,667 | 229,460 | 228,524 | -39,519 | |||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 17,500 | 4,078 | 3,041 | |||||
| Pre-Tax Profit | 194,173 | -78,308 | 34,617 | 302,847 | 165,689 | 216,667 | 246,960 | 232,602 | -36,478 | |||||
| Tax | 0 | 0 | 0 | 0 | 0 | -5,786 | 0 | 0 | 0 | |||||
| Profit After Tax | 194,173 | -78,308 | 34,617 | 302,847 | 165,689 | 210,881 | 246,960 | 232,602 | -36,478 | |||||
| Dividends Paid | 150,000 | 100,000 | 500,000 | 1,300,000 | 550,000 | 500,000 | 500,000 | 1,000,000 | 500,000 | |||||
| Retained Profit | 44,173 | -178,308 | -465,383 | -997,153 | -384,311 | -289,119 | -253,040 | -767,398 | -536,478 | |||||
| Employee Costs | 746,395 | 715,086 | 762,391 | 763,570 | 822,004 | 779,415 | ||||||||
| Number Of Employees | 7 | 7 | 7 | 6 | 6 | 5 | 8 | 11 | 12 | 14 | 15 | 19 | 12 | 18 |
| EBITDA* | 208,076 | -65,202 | 55,934 | 324,119 | 187,766 | 238,433 | 241,939 | 237,161 | -29,232 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| 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 | 3,014 | 1,355 | 2,354 | 3,060 | 1,954 | 45,524 | 19,015 | 30,145 | 50,917 | 65,835 | 57,825 | 68,046 | 47,995 | 24,272 |
| Intangible Assets | 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 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 3,014 | 1,355 | 2,354 | 3,060 | 1,954 | 45,524 | 19,015 | 30,145 | 50,917 | 65,835 | 57,825 | 68,046 | 47,995 | 24,272 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 628,409 | 257,979 | 266,204 | 473,162 | 641,423 | 458,552 | 584,447 | 764,267 | 1,386,023 | 1,729,087 | 1,308,633 | 1,787,474 | 2,277,323 | 2,144,300 |
| Group Debtors | 1,879,834 | 1,970,901 | 718,172 | 315,459 | 337,212 | 723,785 | 868,108 | 963,056 | 963,068 | 2,012,363 | 2,235,682 | 2,350,713 | 2,421,432 | 1,510,406 |
| Misc Debtors | 28,226 | 22,489 | 66,102 | 185,829 | 198,508 | 181,524 | 45,248 | 23,803 | 75,903 | 41,264 | 30,441 | 42,937 | 48,287 | 61,092 |
| Cash | 14,941 | 73,529 | 1,077,759 | 1,227,305 | 1,141,948 | 1,193,830 | 1,008,458 | 955,491 | 840,872 | 497,591 | 1,219,295 | 975,742 | 840,359 | 2,370,876 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,551,410 | 2,324,898 | 2,128,237 | 2,201,755 | 2,319,091 | 2,557,691 | 2,506,261 | 2,706,617 | 3,265,866 | 4,280,305 | 4,794,051 | 5,156,866 | 5,587,401 | 6,086,674 |
| total assets | 2,554,424 | 2,326,253 | 2,130,591 | 2,204,815 | 2,321,045 | 2,603,215 | 2,525,276 | 2,736,762 | 3,316,783 | 4,346,140 | 4,851,876 | 5,224,912 | 5,635,396 | 6,110,946 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 462,294 | 207,830 | 0 | 6,318 | 2,340 | 660 | 24,264 | 40,765 | 169,145 | 148,595 | 275,959 | 328,326 | 467,665 | 283,292 |
| Group/Directors Accounts | 1,902,666 | 992 | 816 | 1,379 | 1,164 | 24,823 | 7,577 | 13,776 | 11,221 | 8,810 | 2,057 | 0 | 0 | 0 |
| other short term finances | 248 | 10,244 | 6,567 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 125,918 | 43,946 | 40,591 | 77,645 | 61,529 | 90,803 | 50,679 | 61,157 | 49,970 | 105,135 | 105,949 | 139,556 | 157,661 | 50,186 |
| total current liabilities | 2,491,126 | 263,012 | 47,974 | 85,342 | 65,033 | 116,286 | 82,520 | 115,698 | 230,336 | 262,540 | 383,965 | 467,882 | 625,326 | 333,478 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 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 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 2,491,126 | 263,012 | 47,974 | 85,342 | 65,033 | 116,286 | 82,520 | 115,698 | 230,336 | 262,540 | 383,965 | 467,882 | 625,326 | 333,478 |
| net assets | 63,298 | 2,063,241 | 2,082,617 | 2,119,473 | 2,256,012 | 2,486,929 | 2,442,756 | 2,621,064 | 3,086,447 | 4,083,600 | 4,467,911 | 4,757,030 | 5,010,070 | 5,777,468 |
| total shareholders funds | 63,298 | 2,063,241 | 2,082,617 | 2,119,473 | 2,256,012 | 2,486,929 | 2,442,756 | 2,621,064 | 3,086,447 | 4,083,600 | 4,467,911 | 4,757,030 | 5,010,070 | 5,777,468 |
| 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 | 194,173 | -78,308 | 34,617 | 302,847 | 165,689 | 216,667 | 229,460 | 228,524 | -39,519 | |||||
| Depreciation | 1,308 | 999 | 994 | 715 | 10,012 | 13,903 | 13,106 | 21,317 | 21,272 | 22,077 | 21,766 | 12,479 | 8,637 | 10,287 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 | -5,786 | 0 | 0 | 0 | |||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 285,100 | 1,200,891 | 76,028 | -202,693 | -186,718 | -133,942 | -253,323 | -673,868 | -1,357,720 | 207,958 | -606,368 | -565,918 | 1,031,244 | 3,715,798 |
| Creditors | 254,464 | 207,830 | -6,318 | 3,978 | 1,680 | -23,604 | -16,501 | -128,380 | 20,550 | -127,364 | -52,367 | -139,339 | 184,373 | 283,292 |
| Accruals and Deferred Income | 81,972 | 3,355 | -37,054 | 16,116 | -29,274 | 40,124 | -10,478 | 11,187 | -55,165 | -814 | -33,607 | -18,105 | 107,475 | 50,186 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 358,538 | 161,142 | 612,609 | 1,647,224 | -148,370 | 753,041 | 650,413 | -502,235 | -3,411,552 | |||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 1,901,674 | 176 | -563 | 215 | -23,659 | 17,246 | -6,199 | 2,555 | 2,411 | 6,753 | 2,057 | 0 | 0 | 0 |
| Other Short Term Loans | -9,996 | 3,677 | 6,567 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 17,500 | 4,078 | 3,041 | |||||
| cash flow from financing | 17,246 | -6,199 | 2,555 | 2,411 | 6,753 | 2,057 | 17,500 | 4,078 | 6,316,987 | |||||
| cash and cash equivalents | ||||||||||||||
| cash | -58,588 | -1,004,230 | -149,546 | 85,357 | -51,882 | 185,372 | 52,967 | 114,619 | 343,281 | -721,704 | 243,553 | 135,383 | -1,530,517 | 2,370,876 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -58,588 | -1,004,230 | -149,546 | 85,357 | -51,882 | 185,372 | 52,967 | 114,619 | 343,281 | -721,704 | 243,553 | 135,383 | -1,530,517 | 2,370,876 |
P&L
December 2022turnover
9.1m
+113%
operating profit
-2m
0%
gross margin
17.8%
+10.76%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
63.3k
-0.97%
total assets
2.6m
+0.1%
cash
14.9k
-0.8%
net assets
Total assets minus all liabilities
jenrick technology limited company details
company number
01848413
Type
Private limited with Share Capital
industry
78200 - Temporary employment agency activities
incorporation date
September 1984
age
40
accounts
Small Company
ultimate parent company
previous names
jenrick it limited (January 2020)
jenrick cpi limited (December 2009)
See moreincorporated
UK
address
56 clarendon road, watford, herts, WD17 1DA
last accounts submitted
December 2022
jenrick technology 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 7 charges/mortgages relating to jenrick technology limited. Currently there are 7 open charges and 0 have been satisfied in the past.
jenrick technology limited Companies House Filings - See Documents
| date | description | view/download |
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