petards joyce-loebl limited
petards joyce-loebl limited Company Information
Group Structure
View All
Industry
Installation of industrial machinery and equipment
+2Registered Address
390 princesway, team valley, gateshead, tyne & wear, NE11 0TU
Website
www.petards.competards joyce-loebl limited Estimated Valuation
Pomanda estimates the enterprise value of PETARDS JOYCE-LOEBL LIMITED at £5.7m based on a Turnover of £5.3m and 1.08x industry multiple (adjusted for size and gross margin).
petards joyce-loebl limited Estimated Valuation
Pomanda estimates the enterprise value of PETARDS JOYCE-LOEBL LIMITED at £0 based on an EBITDA of £-332k and a 7.09x industry multiple (adjusted for size and gross margin).
petards joyce-loebl limited Estimated Valuation
Pomanda estimates the enterprise value of PETARDS JOYCE-LOEBL LIMITED at £4.5m based on Net Assets of £2m and 2.31x industry multiple (adjusted for liquidity).
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Petards Joyce-loebl Limited Overview
Petards Joyce-loebl Limited is a live company located in tyne & wear, NE11 0TU with a Companies House number of 02170100. It operates in the installation of industrial machinery and equipment sector, SIC Code 33200. Founded in September 1987, it's largest shareholder is petards group plc with a 100% stake. Petards Joyce-loebl Limited is a mature, mid sized company, Pomanda has estimated its turnover at £5.3m with declining growth in recent years.
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Petards Joyce-loebl Limited Health Check
Pomanda's financial health check has awarded Petards Joyce-Loebl Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 8 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
8 Weak
Size
annual sales of £5.3m, make it smaller than the average company (£13.9m)
£5.3m - Petards Joyce-loebl Limited
£13.9m - Industry AVG
Growth
3 year (CAGR) sales growth of -17%, show it is growing at a slower rate (7.2%)
-17% - Petards Joyce-loebl Limited
7.2% - Industry AVG
Production
with a gross margin of 51.5%, this company has a lower cost of product (33.7%)
51.5% - Petards Joyce-loebl Limited
33.7% - Industry AVG
Profitability
an operating margin of -19% make it less profitable than the average company (5.7%)
-19% - Petards Joyce-loebl Limited
5.7% - Industry AVG
Employees
with 54 employees, this is similar to the industry average (63)
54 - Petards Joyce-loebl Limited
63 - Industry AVG
Pay Structure
on an average salary of £43.3k, the company has an equivalent pay structure (£52.7k)
£43.3k - Petards Joyce-loebl Limited
£52.7k - Industry AVG
Efficiency
resulting in sales per employee of £97.9k, this is less efficient (£217.5k)
£97.9k - Petards Joyce-loebl Limited
£217.5k - Industry AVG
Debtor Days
it gets paid by customers after 106 days, this is later than average (56 days)
106 days - Petards Joyce-loebl Limited
56 days - Industry AVG
Creditor Days
its suppliers are paid after 96 days, this is slower than average (34 days)
96 days - Petards Joyce-loebl Limited
34 days - Industry AVG
Stock Days
it holds stock equivalent to 164 days, this is more than average (71 days)
164 days - Petards Joyce-loebl Limited
71 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (16 weeks)
4 weeks - Petards Joyce-loebl Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 70.3%, this is a higher level of debt than the average (46.7%)
70.3% - Petards Joyce-loebl Limited
46.7% - Industry AVG
PETARDS JOYCE-LOEBL LIMITED financials
Petards Joyce-Loebl Limited's latest turnover from December 2023 is £5.3 million and the company has net assets of £2 million. According to their latest financial statements, Petards Joyce-Loebl Limited has 54 employees and maintains cash reserves of £177 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 | 5,288,000 | 6,090,000 | 9,107,000 | 9,331,000 | 12,645,000 | 17,512,000 | 14,154,000 | 13,951,000 | 12,918,000 | 13,356,000 | 6,141,000 | 8,740,000 | 11,824,000 | 10,866,000 | 13,163,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 2,567,000 | 3,002,000 | 5,194,000 | 6,542,000 | 9,432,000 | 12,488,000 | 8,846,000 | 8,903,000 | 8,473,000 | 9,334,000 | 3,732,000 | 5,122,000 | 7,711,000 | 7,464,000 | 8,655,000 |
| Gross Profit | 2,721,000 | 3,088,000 | 3,913,000 | 2,789,000 | 3,213,000 | 5,024,000 | 5,308,000 | 5,048,000 | 4,445,000 | 4,022,000 | 2,409,000 | 3,618,000 | 4,113,000 | 3,402,000 | 4,508,000 |
| Admin Expenses | 3,727,000 | 3,726,000 | 3,980,000 | 4,462,000 | 4,805,000 | 4,829,000 | 4,658,000 | 4,159,000 | 3,590,000 | 3,626,000 | 3,225,000 | 3,484,000 | 3,882,000 | 3,809,000 | 3,916,000 |
| Operating Profit | -1,006,000 | -638,000 | -67,000 | -1,673,000 | -1,592,000 | 195,000 | 650,000 | 889,000 | 855,000 | 396,000 | -816,000 | 134,000 | 231,000 | -407,000 | 592,000 |
| Interest Payable | 98,000 | 86,000 | 79,000 | 96,000 | 169,000 | 50,000 | 83,000 | 27,000 | 37,000 | 3,000 | 36,000 | 51,000 | 33,000 | 28,000 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,000 | 21,000 |
| Pre-Tax Profit | -1,104,000 | -724,000 | -146,000 | -1,769,000 | -1,761,000 | 148,000 | 567,000 | 862,000 | 818,000 | 393,000 | -845,000 | 83,000 | 198,000 | -434,000 | 613,000 |
| Tax | 74,000 | 395,000 | 245,000 | 598,000 | 1,240,000 | 133,000 | 6,000 | -17,000 | -80,000 | 0 | 133,000 | -21,000 | 89,000 | 158,000 | -90,000 |
| Profit After Tax | -1,030,000 | -329,000 | 99,000 | -1,171,000 | -521,000 | 281,000 | 573,000 | 845,000 | 738,000 | 393,000 | -712,000 | 62,000 | 287,000 | -276,000 | 523,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -1,030,000 | -329,000 | 99,000 | -1,171,000 | -521,000 | 281,000 | 573,000 | 845,000 | 738,000 | 393,000 | -712,000 | 62,000 | 287,000 | -276,000 | 523,000 |
| Employee Costs | 2,340,000 | 2,326,000 | 2,613,000 | 3,845,000 | 4,338,000 | 4,218,000 | 4,128,000 | 3,516,000 | 3,078,000 | 2,666,000 | 3,252,000 | 3,262,000 | 3,381,000 | 3,805,000 | 3,525,000 |
| Number Of Employees | 54 | 52 | 59 | 85 | 107 | 107 | 105 | 92 | 82 | 70 | 77 | 83 | 88 | 101 | 96 |
| EBITDA* | -332,000 | -27,000 | 616,000 | -933,000 | -852,000 | 865,000 | 1,315,000 | 1,294,000 | 1,110,000 | 642,000 | -769,000 | 191,000 | 297,000 | -306,000 | 715,000 |
* 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 | 577,000 | 513,000 | 808,000 | 947,000 | 1,245,000 | 893,000 | 761,000 | 407,000 | 246,000 | 187,000 | 165,000 | 172,000 | 155,000 | 175,000 | 240,000 |
| Intangible Assets | 2,151,000 | 1,958,000 | 2,088,000 | 2,586,000 | 2,736,000 | 2,590,000 | 1,754,000 | 1,234,000 | 902,000 | 1,103,000 | 640,000 | 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 | 2,728,000 | 2,471,000 | 2,896,000 | 3,533,000 | 3,981,000 | 3,483,000 | 2,515,000 | 1,641,000 | 1,148,000 | 1,290,000 | 805,000 | 172,000 | 155,000 | 175,000 | 240,000 |
| Stock & work in progress | 1,158,000 | 1,242,000 | 1,359,000 | 1,976,000 | 2,284,000 | 3,471,000 | 3,383,000 | 1,979,000 | 2,203,000 | 1,474,000 | 1,779,000 | 1,211,000 | 1,236,000 | 908,000 | 774,000 |
| Trade Debtors | 1,538,000 | 1,170,000 | 1,237,000 | 1,820,000 | 2,240,000 | 2,067,000 | 2,558,000 | 1,878,000 | 1,676,000 | 2,695,000 | 775,000 | 1,063,000 | 2,863,000 | 2,156,000 | 2,657,000 |
| Group Debtors | 415,000 | 15,000 | 447,000 | 562,000 | 0 | 0 | 922,000 | 2,211,000 | 3,083,000 | 2,421,000 | 2,584,000 | 2,424,000 | 882,000 | 3,079,000 | 1,890,000 |
| Misc Debtors | 555,000 | 858,000 | 417,000 | 551,000 | 1,578,000 | 455,000 | 334,000 | 359,000 | 154,000 | 240,000 | 268,000 | 253,000 | 481,000 | 386,000 | 163,000 |
| Cash | 177,000 | 707,000 | 473,000 | 448,000 | 442,000 | 1,467,000 | 1,147,000 | 1,275,000 | 1,102,000 | 584,000 | 425,000 | 15,000 | 1,090,000 | 962,000 | 1,647,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 3,843,000 | 3,992,000 | 3,933,000 | 5,357,000 | 6,544,000 | 7,566,000 | 8,344,000 | 7,702,000 | 8,218,000 | 7,414,000 | 5,831,000 | 4,966,000 | 6,552,000 | 7,491,000 | 7,131,000 |
| total assets | 6,571,000 | 6,463,000 | 6,829,000 | 8,890,000 | 10,525,000 | 11,049,000 | 10,859,000 | 9,343,000 | 9,366,000 | 8,704,000 | 6,636,000 | 5,138,000 | 6,707,000 | 7,666,000 | 7,371,000 |
| Bank overdraft | 0 | 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 | 0 |
| Trade Creditors | 682,000 | 509,000 | 304,000 | 1,169,000 | 2,603,000 | 2,978,000 | 2,628,000 | 1,626,000 | 1,532,000 | 1,453,000 | 846,000 | 1,307,000 | 1,644,000 | 896,000 | 2,524,000 |
| Group/Directors Accounts | 670,000 | 55,000 | 0 | 0 | 539,000 | 11,000 | 0 | 1,826,000 | 2,280,000 | 2,110,000 | 2,052,000 | 0 | 0 | 2,555,000 | 375,000 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 171,000 | 56,000 | 197,000 | 86,000 | 82,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 722,000 | 1,028,000 | 1,197,000 | 2,568,000 | 1,022,000 | 1,535,000 | 1,568,000 | 1,371,000 | 1,879,000 | 2,204,000 | 1,194,000 | 983,000 | 2,277,000 | 1,716,000 | 1,697,000 |
| total current liabilities | 2,245,000 | 1,648,000 | 1,698,000 | 3,823,000 | 4,246,000 | 4,524,000 | 4,196,000 | 4,823,000 | 5,691,000 | 5,767,000 | 4,092,000 | 2,290,000 | 3,921,000 | 5,167,000 | 4,596,000 |
| loans | 1,917,000 | 1,831,000 | 1,762,000 | 1,717,000 | 1,672,000 | 1,619,000 | 1,570,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 455,000 | 0 | 56,000 | 136,000 | 222,000 | 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 | 0 |
| other liabilities | 0 | 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 | 0 |
| total long term liabilities | 2,372,000 | 1,831,000 | 1,818,000 | 1,853,000 | 1,894,000 | 1,619,000 | 1,570,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 4,617,000 | 3,479,000 | 3,516,000 | 5,676,000 | 6,140,000 | 6,143,000 | 5,766,000 | 4,823,000 | 5,691,000 | 5,767,000 | 4,092,000 | 2,290,000 | 3,921,000 | 5,167,000 | 4,596,000 |
| net assets | 1,954,000 | 2,984,000 | 3,313,000 | 3,214,000 | 4,385,000 | 4,906,000 | 5,093,000 | 4,520,000 | 3,675,000 | 2,937,000 | 2,544,000 | 2,848,000 | 2,786,000 | 2,499,000 | 2,775,000 |
| total shareholders funds | 1,954,000 | 2,984,000 | 3,313,000 | 3,214,000 | 4,385,000 | 4,906,000 | 5,093,000 | 4,520,000 | 3,675,000 | 2,937,000 | 2,544,000 | 2,848,000 | 2,786,000 | 2,499,000 | 2,775,000 |
| 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 | -1,006,000 | -638,000 | -67,000 | -1,673,000 | -1,592,000 | 195,000 | 650,000 | 889,000 | 855,000 | 396,000 | -816,000 | 134,000 | 231,000 | -407,000 | 592,000 |
| Depreciation | 130,000 | 115,000 | 168,000 | 232,000 | 190,000 | 182,000 | 142,000 | 92,000 | 57,000 | 48,000 | 47,000 | 57,000 | 66,000 | 101,000 | 123,000 |
| Amortisation | 544,000 | 496,000 | 515,000 | 508,000 | 550,000 | 488,000 | 523,000 | 313,000 | 198,000 | 198,000 | 0 | 0 | 0 | 0 | 0 |
| Tax | 74,000 | 395,000 | 245,000 | 598,000 | 1,240,000 | 133,000 | 6,000 | -17,000 | -80,000 | 0 | 133,000 | -21,000 | 89,000 | 158,000 | -90,000 |
| Stock | -84,000 | -117,000 | -617,000 | -308,000 | -1,187,000 | 88,000 | 1,404,000 | -224,000 | 729,000 | -305,000 | 568,000 | -25,000 | 328,000 | 134,000 | 774,000 |
| Debtors | 465,000 | -58,000 | -832,000 | -885,000 | 1,296,000 | -1,292,000 | -634,000 | -465,000 | -443,000 | 1,729,000 | -113,000 | -486,000 | -1,395,000 | 911,000 | 4,710,000 |
| Creditors | 173,000 | 205,000 | -865,000 | -1,434,000 | -375,000 | 350,000 | 1,002,000 | 94,000 | 79,000 | 607,000 | -461,000 | -337,000 | 748,000 | -1,628,000 | 2,524,000 |
| Accruals and Deferred Income | -306,000 | -169,000 | -1,371,000 | 1,546,000 | -513,000 | -33,000 | 197,000 | -508,000 | -325,000 | 1,010,000 | 211,000 | -1,294,000 | 561,000 | 19,000 | 1,697,000 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -772,000 | 579,000 | 74,000 | 970,000 | -609,000 | 2,519,000 | 1,750,000 | 1,552,000 | 498,000 | 835,000 | -1,341,000 | -950,000 | 2,762,000 | -2,802,000 | -638,000 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 615,000 | 55,000 | 0 | -539,000 | 528,000 | 11,000 | -1,826,000 | -454,000 | 170,000 | 58,000 | 2,052,000 | 0 | -2,555,000 | 2,180,000 | 375,000 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 86,000 | 69,000 | 45,000 | 45,000 | 53,000 | 49,000 | 1,570,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 570,000 | -197,000 | 31,000 | -82,000 | 304,000 | 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 | 0 |
| share issue | |||||||||||||||
| interest | -98,000 | -86,000 | -79,000 | -96,000 | -169,000 | -50,000 | -83,000 | -27,000 | -37,000 | -3,000 | -36,000 | -51,000 | -33,000 | -27,000 | 21,000 |
| cash flow from financing | 1,173,000 | -159,000 | -3,000 | -672,000 | 716,000 | -458,000 | -339,000 | -481,000 | 133,000 | 55,000 | 2,424,000 | -51,000 | -2,588,000 | 2,153,000 | 2,648,000 |
| cash and cash equivalents | |||||||||||||||
| cash | -530,000 | 234,000 | 25,000 | 6,000 | -1,025,000 | 320,000 | -128,000 | 173,000 | 518,000 | 159,000 | 410,000 | -1,075,000 | 128,000 | -685,000 | 1,647,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -530,000 | 234,000 | 25,000 | 6,000 | -1,025,000 | 320,000 | -128,000 | 173,000 | 518,000 | 159,000 | 410,000 | -1,075,000 | 128,000 | -685,000 | 1,647,000 |
petards joyce-loebl limited Credit Report and Business Information
Petards Joyce-loebl Limited Competitor Analysis
Perform a competitor analysis for petards joyce-loebl limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in NE11 area or any other competitors across 12 key performance metrics.
petards joyce-loebl limited Ownership
PETARDS JOYCE-LOEBL LIMITED group structure
Petards Joyce-Loebl Limited has no subsidiary companies.
petards joyce-loebl limited directors
Petards Joyce-Loebl Limited currently has 1 director, Mr Raschid Abdullah serving since Nov 2015.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Raschid Abdullah | England | 80 years | Nov 2015 | - | Director |
P&L
December 2023turnover
5.3m
-13%
operating profit
-1m
+58%
gross margin
51.5%
+1.48%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
2m
-0.35%
total assets
6.6m
+0.02%
cash
177k
-0.75%
net assets
Total assets minus all liabilities
petards joyce-loebl limited company details
company number
02170100
Type
Private limited with Share Capital
industry
26301 - Manufacture of telegraph and telephone apparatus and equipment
33200 - Installation of industrial machinery and equipment
32500 - Manufacture of medical and dental instruments and supplies
incorporation date
September 1987
age
38
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
joyce-loebl ltd (June 2005)
judgefirm limited (December 1987)
accountant
-
auditor
BDO LLP
address
390 princesway, team valley, gateshead, tyne & wear, NE11 0TU
Bank
-
Legal Advisor
-
petards joyce-loebl 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 15 charges/mortgages relating to petards joyce-loebl limited. Currently there are 1 open charges and 14 have been satisfied in the past.
petards joyce-loebl 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 PETARDS JOYCE-LOEBL LIMITED. This can take several minutes, an email will notify you when this has completed.
petards joyce-loebl limited Companies House Filings - See Documents
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