Pomanda estimates the enterprise value of JOINTING TECH LIMITED at £3.9m based on a Turnover of £8.4m and 0.47x industry multiple (adjusted for size and gross margin).
jointing tech limitedEstimated Valuation
£110.8k
Pomanda estimates the enterprise value of JOINTING TECH LIMITED at £110.8k based on an EBITDA of £36k and a 3.08x industry multiple (adjusted for size and gross margin).
jointing tech limitedEstimated Valuation
£5m
Pomanda estimates the enterprise value of JOINTING TECH LIMITED at £5m based on Net Assets of £2.3m and 2.19x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Jointing Tech LimitedOverview
Jointing Tech Limited is a live company located in warwick, CV34 6DY with a Companies House number of 02281668. It operates in the other retail sale not in stores, stalls or markets sector, SIC Code 47990. Founded in July 1988, it's largest shareholder is
wolseley uk limited
with a 100% stake. Jointing Tech Limited is a mature,
mid sized company, Pomanda has estimated its turnover at
£8.4m with
declining
growth in recent years.
Pomanda's financial health check has awarded Jointing Tech Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
6 Strong
0 Regular
6 Weak
Size
annual sales of £8.4m, make it larger than the average company (£5.6m)
£8.4m - Jointing Tech Limited
£5.6m - Industry AVG
Growth
3 year (CAGR) sales growth of -27%, show it is growing at a slower rate (10.4%)
-27% - Jointing Tech Limited
10.4% - Industry AVG
Production
with a gross margin of 19.8%, this company has a higher cost of product (39.7%)
19.8% - Jointing Tech Limited
39.7% - Industry AVG
Profitability
an operating margin of 0.2% make it less profitable than the average company (8.2%)
0.2% - Jointing Tech Limited
8.2% - Industry AVG
Employees
with 19 employees, this is below the industry average (35)
19 - Jointing Tech Limited
35 - Industry AVG
Pay Structure
on an average salary of £56.6k, the company has a higher pay structure (£43.4k)
£56.6k - Jointing Tech Limited
£43.4k - Industry AVG
Efficiency
resulting in sales per employee of £443.2k, this is more efficient (£228.7k)
£443.2k - Jointing Tech Limited
£228.7k - Industry AVG
Debtor Days
it gets paid by customers after 10 days, this is earlier than average (39 days)
10 days - Jointing Tech Limited
39 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (44 days)
0 days - Jointing Tech Limited
44 days - Industry AVG
Stock Days
it holds stock equivalent to 16 days, this is less than average (42 days)
16 days - Jointing Tech Limited
42 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 272 weeks, this is more cash available to meet short term requirements (14 weeks)
272 weeks - Jointing Tech Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 2.6%, this is a lower level of debt than the average (65.1%)
2.6% - Jointing Tech Limited
65.1% - Industry AVG
JOINTING TECH LIMITED financials
EXPORT
Jointing Tech Limited's latest turnover from July 2024 is £8.4 million and the company has net assets of £2.3 million. According to their latest financial statements, Jointing Tech Limited has 19 employees and maintains cash reserves of £314 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jul 2024
Jul 2023
Jul 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Turnover
8,421,000
43,737,000
40,564,000
21,918,515
20,385,770
23,618,055
19,163,131
18,412,923
24,055,155
20,989,597
17,745,570
14,254,928
11,855,002
10,878,902
9,937,518
Other Income Or Grants
Cost Of Sales
6,750,000
33,278,000
31,314,000
16,021,412
15,035,317
16,199,126
13,404,606
12,664,623
17,095,401
14,794,777
12,438,290
9,751,326
7,946,671
7,539,565
6,697,473
Gross Profit
1,671,000
10,459,000
9,250,000
5,897,103
5,350,453
7,418,929
5,758,525
5,748,300
6,959,754
6,194,820
5,307,280
4,503,602
3,908,331
3,339,337
3,240,045
Admin Expenses
1,656,000
5,582,000
6,725,000
3,757,310
4,387,177
5,019,977
3,965,091
3,978,233
4,757,266
3,737,463
3,968,609
4,328,214
3,627,054
3,014,672
2,740,306
Operating Profit
15,000
4,877,000
2,525,000
2,139,793
963,276
2,398,952
1,793,434
1,770,067
2,202,488
2,457,357
1,338,671
175,388
281,277
324,665
499,739
Interest Payable
12
6,858
9,837
5,227
1,794
2,007
1,267
2,684
4,224
Interest Receivable
15,000
15,000
1,000
4,510
6,865
5,833
295
1,087
1,992
8,312
1,035
640
712
808
1,058
Pre-Tax Profit
21,402,000
4,892,000
2,526,000
2,144,303
970,141
2,404,773
1,793,729
1,764,296
2,194,643
2,460,442
1,337,912
174,021
280,722
322,789
496,573
Tax
-533,000
-373,000
-450,000
-415,424
-182,645
-482,699
-336,673
-364,598
-456,346
-550,205
-335,100
-65,672
-89,943
-116,275
-167,884
Profit After Tax
20,869,000
4,519,000
2,076,000
1,728,879
787,496
1,922,074
1,457,056
1,399,698
1,738,297
1,910,237
1,002,812
108,349
190,779
206,514
328,689
Dividends Paid
28,500,000
500,000
1,000,000
800,000
1,775,000
1,400,000
1,100,000
2,100,000
2,500,000
500,000
Retained Profit
-7,631,000
4,019,000
2,076,000
728,879
-12,504
147,074
57,056
299,698
-361,703
-589,763
1,002,812
108,349
-309,221
206,514
328,689
Employee Costs
1,076,000
3,709,000
4,322,000
2,800,484
2,897,636
3,265,941
2,611,942
2,455,529
3,010,032
2,174,142
2,573,611
2,581,787
1,967,621
1,427,670
1,262,445
Number Of Employees
19
65
72
55
60
60
57
51
48
48
48
49
46
41
40
EBITDA*
36,000
4,987,000
2,611,000
2,231,081
1,102,008
2,648,469
1,951,970
1,925,798
2,388,992
2,604,334
1,467,437
290,884
378,322
435,880
631,943
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jul 2024
Jul 2023
Jul 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Tangible Assets
220,000
206,000
193,878
213,072
302,442
405,443
460,916
309,287
424,910
461,151
351,505
394,832
329,498
317,171
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
220,000
206,000
193,878
213,072
302,442
405,443
460,916
309,287
424,910
461,151
351,505
394,832
329,498
317,171
Stock & work in progress
308,000
7,158,000
5,286,000
4,061,406
3,921,213
3,722,129
3,330,699
2,946,362
1,666,110
2,264,119
1,987,488
1,703,693
1,407,738
1,366,735
1,543,027
Trade Debtors
236,000
8,225,000
8,301,000
4,078,670
3,941,438
3,889,256
3,673,922
3,911,771
4,380,865
4,281,011
3,347,600
2,191,751
2,420,020
1,788,248
1,329,442
Group Debtors
1,473,000
370,000
59,000
12,910
11,169
38,314
Misc Debtors
2,000
1,054,000
287,000
178,749
1,213,794
465,244
444,566
195,291
106,336
47,199
91,273
165,665
43,165
87,665
66,740
Cash
314,000
1,224,000
789,000
511,574
1,766,602
1,498,352
71,551
111,769
271,900
570,803
981,342
48,110
166,953
502,139
494,497
misc current assets
total current assets
2,333,000
18,031,000
14,722,000
8,843,309
10,854,216
9,574,981
7,520,738
7,165,193
6,425,211
7,201,446
6,407,703
4,109,219
4,037,876
3,744,787
3,433,706
total assets
2,333,000
18,251,000
14,928,000
9,037,187
11,067,288
9,877,423
7,926,181
7,626,109
6,734,498
7,626,356
6,868,854
4,460,724
4,432,708
4,074,285
3,750,877
Bank overdraft
Bank loan
Trade Creditors
2,000
5,254,000
6,378,000
2,510,696
3,445,733
2,613,501
1,893,347
2,827,164
2,555,390
2,924,848
1,880,196
1,439,846
1,502,343
924,291
862,482
Group/Directors Accounts
2,000
1,197,000
923,000
1,665,527
3,995,449
3,090,530
2,159,456
1,068,222
51,686
500,000
other short term finances
50,000
hp & lease commitments
5,184
6,913
15,755
18,340
20,940
7,769
27,034
other current liabilities
56,000
1,267,000
1,111,000
1,001,441
545,462
1,080,244
927,304
841,705
1,532,918
1,736,659
932,117
455,781
452,677
403,379
321,260
total current liabilities
60,000
7,718,000
8,412,000
5,227,664
7,986,644
6,784,275
4,980,107
4,737,091
4,145,178
4,668,420
3,328,068
1,913,967
1,975,960
1,335,439
1,210,776
loans
hp & lease commitments
6,913
8,783
27,123
7,769
Accruals and Deferred Income
other liabilities
provisions
629,000
631,000
total long term liabilities
629,000
631,000
6,913
8,783
27,123
7,769
total liabilities
60,000
8,347,000
9,043,000
5,227,664
7,986,644
6,784,275
4,980,107
4,737,091
4,145,178
4,675,333
3,328,068
1,922,750
2,003,083
1,335,439
1,218,545
net assets
2,273,000
9,904,000
5,885,000
3,809,523
3,080,644
3,093,148
2,946,074
2,889,018
2,589,320
2,951,023
3,540,786
2,537,974
2,429,625
2,738,846
2,532,332
total shareholders funds
2,273,000
9,904,000
5,885,000
3,809,523
3,080,644
3,093,148
2,946,074
2,889,018
2,589,320
2,951,023
3,540,786
2,537,974
2,429,625
2,738,846
2,532,332
Jul 2024
Jul 2023
Jul 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Operating Activities
Operating Profit
15,000
4,877,000
2,525,000
2,139,793
963,276
2,398,952
1,793,434
1,770,067
2,202,488
2,457,357
1,338,671
175,388
281,277
324,665
499,739
Depreciation
21,000
110,000
86,000
91,288
138,732
249,517
158,536
155,731
186,504
146,977
128,766
115,496
97,045
111,215
132,204
Amortisation
Tax
-533,000
-373,000
-450,000
-415,424
-182,645
-482,699
-336,673
-364,598
-456,346
-550,205
-335,100
-65,672
-89,943
-116,275
-167,884
Stock
-6,850,000
1,872,000
1,224,594
140,193
199,084
391,430
384,337
1,280,252
1,666,110
276,631
283,795
295,955
41,003
-176,292
1,543,027
Debtors
-7,938,000
1,002,000
4,376,671
-896,072
811,901
236,012
11,426
-380,139
4,487,201
927,651
1,081,457
-105,769
587,272
479,731
1,396,182
Creditors
-5,252,000
-1,124,000
3,867,304
-935,037
832,232
720,154
-933,817
271,774
2,555,390
1,044,652
440,350
-62,497
578,052
61,809
862,482
Accruals and Deferred Income
-1,211,000
156,000
109,559
455,979
-534,782
152,940
85,599
-691,213
1,532,918
804,542
476,336
3,104
49,298
82,119
321,260
Deferred Taxes & Provisions
-629,000
-2,000
631,000
Cash flow from operations
7,199,000
770,000
1,167,598
2,092,478
205,828
2,411,422
371,316
241,648
-132,357
2,699,041
683,771
-24,367
287,454
160,094
-1,291,408
Investing Activities
capital expenditure
199,000
-124,000
-98,122
-72,094
-199,861
-100,340
-282,466
-33,637
-205,080
-73,553
-95,491
-117,345
-55,689
Change in Investments
cash flow from investments
199,000
-124,000
-98,122
-72,094
-199,861
-100,340
-282,466
-33,637
-205,080
-73,553
-95,491
-117,345
-55,689
Financing Activities
Bank loans
Group/Directors Accounts
-1,195,000
274,000
-742,527
-2,329,922
904,919
931,074
1,091,234
1,016,536
51,686
-500,000
500,000
Other Short Term Loans
-50,000
50,000
Long term loans
Hire Purchase and Lease Commitments
-5,184
5,184
-1,929
-11,368
-20,940
40,294
-27,034
34,803
other long term liabilities
share issue
-523
2,951,023
2,203,643
interest
15,000
15,000
1,000
4,510
6,865
5,821
295
-5,771
-7,845
3,085
-759
-1,367
-555
-1,876
-3,166
cash flow from financing
-1,180,000
289,000
-792,050
-2,275,412
911,784
936,895
1,091,529
1,005,581
3,000,048
-498,844
487,873
-22,307
39,739
-28,910
2,235,280
cash and cash equivalents
cash
-910,000
435,000
277,426
-1,255,028
268,250
1,426,801
-40,218
-160,131
271,900
-410,539
933,232
-118,843
-335,186
7,642
494,497
overdraft
change in cash
-910,000
435,000
277,426
-1,255,028
268,250
1,426,801
-40,218
-160,131
271,900
-410,539
933,232
-118,843
-335,186
7,642
494,497
jointing tech 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 jointing tech limited. Get real-time insights into jointing tech limited's credit score, group structure and payment trends.
Perform a competitor analysis for jointing tech limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mid companies, companies in CV34 area or any other competitors across 12 key performance metrics.
77390 - Renting and leasing of other machinery, equipment and tangible goods n.e.c.
47990 - Other retail sale not in stores, stalls or markets
incorporation date
July 1988
age
37
incorporated
UK
ultimate parent company
CD&R WOLF SARL
accounts
Full Accounts
last accounts submitted
July 2024
previous names
toolout limited (December 2021)
accountant
-
auditor
DELOITTE LLP
address
2 kingmaker court gallows hill, warwick, CV34 6DY
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
jointing tech 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 6 charges/mortgages relating to jointing tech limited. Currently there are 0 open charges and 6 have been satisfied in the past.
jointing tech 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 JOINTING TECH LIMITED. This can take several minutes, an email will notify you when this has completed.
jointing tech limitedCompanies House Filings - See Documents
