Pomanda estimates the enterprise value of JALTEK SYSTEMS LIMITED at £17.4m based on a Turnover of £15.6m and 1.12x industry multiple (adjusted for size and gross margin).
jaltek systems limitedEstimated Valuation
£10.4m
Pomanda estimates the enterprise value of JALTEK SYSTEMS LIMITED at £10.4m based on an EBITDA of £1.6m and a 6.35x industry multiple (adjusted for size and gross margin).
jaltek systems limitedEstimated Valuation
£25.1m
Pomanda estimates the enterprise value of JALTEK SYSTEMS LIMITED at £25.1m based on Net Assets of £10m and 2.5x industry multiple (adjusted for liquidity).
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Jaltek Systems LimitedOverview
Jaltek Systems Limited is a live company located in luton, LU3 3HP with a Companies House number of 02312905. It operates in the manufacture of electronic measuring, testing etc. equipment, not for industrial process control sector, SIC Code 26511. Founded in November 1988, it's largest shareholder is
jaltek holdings ltd
with a 100% stake. Jaltek Systems Limited is a mature,
mid sized company, Pomanda has estimated its turnover at
£15.6m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Jaltek Systems Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
5 Strong
2 Regular
5 Weak
Size
annual sales of £15.6m, make it larger than the average company (£12.8m)
£15.6m - Jaltek Systems Limited
£12.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a similar rate (8.2%)
8% - Jaltek Systems Limited
8.2% - Industry AVG
Production
with a gross margin of 30.5%, this company has a higher cost of product (40.8%)
30.5% - Jaltek Systems Limited
40.8% - Industry AVG
Profitability
an operating margin of 8.5% make it as profitable than the average company (8.8%)
8.5% - Jaltek Systems Limited
8.8% - Industry AVG
Employees
with 105 employees, this is above the industry average (68)
105 - Jaltek Systems Limited
68 - Industry AVG
Pay Structure
on an average salary of £39.5k, the company has a lower pay structure (£55k)
£39.5k - Jaltek Systems Limited
£55k - Industry AVG
Efficiency
resulting in sales per employee of £148.8k, this is less efficient (£203.3k)
£148.8k - Jaltek Systems Limited
£203.3k - Industry AVG
Debtor Days
it gets paid by customers after 95 days, this is later than average (50 days)
95 days - Jaltek Systems Limited
50 days - Industry AVG
Creditor Days
its suppliers are paid after 77 days, this is slower than average (38 days)
77 days - Jaltek Systems Limited
38 days - Industry AVG
Stock Days
it holds stock equivalent to 69 days, this is less than average (97 days)
69 days - Jaltek Systems Limited
97 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (23 weeks)
0 weeks - Jaltek Systems Limited
23 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 46.2%, this is a higher level of debt than the average (38.5%)
46.2% - Jaltek Systems Limited
38.5% - Industry AVG
JALTEK SYSTEMS LIMITED financials
EXPORT
Jaltek Systems Limited's latest turnover from December 2023 is £15.6 million and the company has net assets of £10 million. According to their latest financial statements, Jaltek Systems Limited has 105 employees and maintains cash reserves of £145.4 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
Jul 2013
Jul 2012
Jul 2011
Jul 2010
Jul 2009
Turnover
15,619,883
13,939,692
9,574,325
12,336,377
8,778,226
9,349,182
8,251,772
6,878,708
7,167,216
10,415,786
11,223,137
9,620,530
10,896,145
9,291,677
9,589,315
Other Income Or Grants
Cost Of Sales
10,860,420
10,185,931
7,166,910
9,848,002
6,709,492
7,463,931
6,391,758
5,526,336
5,617,821
8,112,522
7,487,674
6,581,255
7,599,984
6,272,157
6,529,209
Gross Profit
4,759,463
3,753,761
2,407,415
2,488,375
2,068,734
1,885,251
1,860,014
1,352,372
1,549,395
2,303,264
3,735,463
3,039,275
3,296,161
3,019,520
3,060,106
Admin Expenses
3,431,242
2,988,835
2,337,284
1,356,997
1,311,886
1,016,923
986,749
1,150,408
1,175,445
1,644,394
3,766,916
4,000,390
4,023,001
4,201,878
3,172,666
Operating Profit
1,328,221
764,926
70,131
1,131,378
756,848
868,328
873,265
201,964
373,950
658,870
-31,453
-961,115
-726,840
-1,182,358
-112,560
Interest Payable
328,117
202,997
123,981
137,112
148,301
137,035
79,740
17,666
1,239
10,241
32,623
28,078
Interest Receivable
1
2
66
230
1,308
114
14,854
Pre-Tax Profit
1,000,104
561,929
-53,849
994,268
608,547
731,293
793,525
184,298
374,357
658,870
55,733
-1,064,515
-1,099,859
-1,123,678
34,088
Tax
23,784
186,436
-63,489
-140,178
-47,132
-12,122
28,580
-18,482
-71,934
-6,845
153,946
145,623
9,056
-32,371
-24,220
Profit After Tax
1,023,888
748,365
-117,338
854,090
561,415
719,171
822,105
165,816
302,423
652,025
209,679
-918,892
-1,090,803
-1,156,049
9,868
Dividends Paid
780,336
Retained Profit
1,023,888
748,365
-117,338
854,090
561,415
719,171
822,105
165,816
302,423
-128,311
217,961
-898,428
-901,231
-885,306
225,209
Employee Costs
4,142,629
3,364,934
2,902,713
3,010,819
2,748,417
2,041,594
1,773,980
1,595,407
1,694,711
2,491,774
3,767,103
3,741,518
3,793,033
3,533,256
3,262,475
Number Of Employees
105
93
93
91
84
79
72
71
66
70
107
118
118
120
122
EBITDA*
1,638,400
1,053,660
358,372
1,369,702
938,182
992,522
1,001,393
339,966
505,393
760,993
410,098
-491,965
-265,310
-706,259
279,905
* 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
Jul 2013
Jul 2012
Jul 2011
Jul 2010
Jul 2009
Tangible Assets
1,533,894
1,412,563
1,372,099
1,440,052
945,166
896,445
573,912
667,999
721,804
379,946
399,949
407,606
517,625
630,342
774,434
Intangible Assets
1,901,182
2,198,384
2,377,830
2,226,086
2,513,364
Investments & Other
321,247
321,247
321,247
321,247
649,032
998,505
966,277
989,669
1,302,723
924,822
Debtors (Due After 1 year)
500,000
88,045
Total Fixed Assets
1,533,894
1,412,563
1,372,099
1,440,052
945,166
1,217,692
895,159
989,246
1,043,051
1,528,978
3,299,636
3,572,267
3,885,124
4,159,151
4,300,665
Stock & work in progress
2,078,827
2,257,987
1,996,788
1,062,189
1,008,660
785,073
995,977
3,177
871,018
947,129
1,257,309
1,319,286
1,304,778
1,081,780
983,248
Trade Debtors
4,078,715
3,251,005
2,506,229
2,571,470
2,545,057
1,693,688
2,375,444
1,385,274
1,151,466
789,299
1,887,494
1,518,991
1,636,117
1,369,483
1,679,882
Group Debtors
10,496,214
10,055,347
9,692,982
9,387,779
9,100,092
8,996,971
8,172,686
8,360,124
8,408,647
7,255,210
Misc Debtors
331,226
375,657
237,403
337,355
212,599
191,950
184,594
457,560
670,251
153,323
680,723
741,643
318,290
272,327
686,418
Cash
145,371
88,708
216,212
40,706
168,827
3,298
111
841,215
29,658
419,251
542,097
74,925
60,032
347,235
624,428
misc current assets
total current assets
17,130,353
16,028,704
14,649,614
13,399,499
13,035,235
11,670,980
11,728,812
11,047,350
11,131,040
9,564,212
4,367,623
3,654,845
3,319,217
3,070,825
3,973,976
total assets
18,664,247
17,441,267
16,021,713
14,839,551
13,980,401
12,888,672
12,623,971
12,036,596
12,174,091
11,093,190
7,667,259
7,227,112
7,204,341
7,229,976
8,274,641
Bank overdraft
328,148
445,830
192,151
288,000
514,356
649,819
233,641
Bank loan
Trade Creditors
2,315,361
2,130,251
1,446,859
1,452,333
1,739,934
1,213,172
6,290,582
1,433,951
1,534,711
1,467,855
1,561,220
1,900,144
1,524,799
1,497,844
1,606,053
Group/Directors Accounts
1,712,924
1,558,908
568,082
230,690
8,365
3,089,224
3,953,199
161,527
167,705
18,000
35,000
4,000
other short term finances
hp & lease commitments
67,669
205,416
307,999
155,326
115,811
201,516
145,934
145,934
30,060
85,917
other current liabilities
4,133,294
4,106,044
4,920,657
3,987,463
4,100,553
593,200
466,993
4,548,409
4,444,396
973,586
687,458
840,020
1,249,172
1,544,580
total current liabilities
8,229,248
8,000,619
7,243,597
5,825,812
5,964,663
5,425,260
6,290,582
6,445,907
6,582,732
6,079,956
2,534,806
2,875,602
2,897,175
3,461,895
3,474,191
loans
3,869,045
3,337,045
2,380,045
939,388
1,026,046
hp & lease commitments
51,489
100,026
202,859
385,144
357,925
381,836
61,336
204,971
30,060
Accruals and Deferred Income
other liabilities
provisions
336,000
317,000
300,000
236,000
119,308
104,486
75,470
93,539
116,390
45,659
30,982
14,228
14,569
44,914
total long term liabilities
387,489
417,026
502,859
621,144
477,233
486,322
75,470
154,875
321,361
45,659
3,900,027
3,337,045
2,394,273
953,957
1,101,020
total liabilities
8,616,737
8,417,645
7,746,456
6,446,956
6,441,896
5,911,582
6,366,052
6,600,782
6,904,093
6,125,615
6,434,833
6,212,647
5,291,448
4,415,852
4,575,211
net assets
10,047,510
9,023,622
8,275,257
8,392,595
7,538,505
6,977,090
6,257,919
5,435,814
5,269,998
4,967,575
1,232,426
1,014,465
1,912,893
2,814,124
3,699,430
total shareholders funds
10,047,510
9,023,622
8,275,257
8,392,595
7,538,505
6,977,090
6,257,919
5,435,814
5,269,998
4,967,575
1,232,426
1,014,465
1,912,893
2,814,124
3,699,430
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Jul 2013
Jul 2012
Jul 2011
Jul 2010
Jul 2009
Operating Activities
Operating Profit
1,328,221
764,926
70,131
1,131,378
756,848
868,328
873,265
201,964
373,950
658,870
-31,453
-961,115
-726,840
-1,182,358
-112,560
Depreciation
310,179
288,734
288,241
238,324
181,334
124,194
128,128
138,002
131,443
102,123
80,292
108,638
152,101
179,810
175,712
Amortisation
361,259
360,512
309,429
296,289
216,753
Tax
23,784
186,436
-63,489
-140,178
-47,132
-12,122
28,580
-18,482
-71,934
-6,845
153,946
145,623
9,056
-32,371
-24,220
Stock
-179,160
261,199
934,599
53,529
223,587
-210,904
992,800
-867,841
-76,111
-310,180
-61,977
14,508
222,998
98,532
983,248
Debtors
1,224,146
1,245,395
140,010
438,856
975,139
149,885
529,766
-27,406
1,532,532
6,129,615
307,583
306,227
312,597
-812,535
2,454,345
Creditors
185,110
683,392
-5,474
-287,601
526,762
-5,077,410
4,856,631
-100,760
66,856
-93,365
-338,924
375,345
26,955
-108,209
1,606,053
Accruals and Deferred Income
27,250
-814,613
933,194
-113,090
3,507,353
593,200
-466,993
-4,081,416
104,013
3,470,810
286,128
-152,562
-409,152
-295,408
1,544,580
Deferred Taxes & Provisions
19,000
17,000
64,000
116,692
14,822
29,016
-18,069
-22,851
70,731
14,677
30,982
-14,228
-341
-30,345
44,914
Cash flow from operations
848,558
-380,719
211,994
453,140
3,741,261
-3,413,775
3,878,976
-2,988,296
-781,362
-1,673,165
296,624
-458,522
-1,174,387
-458,589
13,639
Investing Activities
capital expenditure
-431,510
-329,198
-220,288
-733,210
-230,055
-446,727
-34,041
-84,197
-62,901
-106,188
-70,231
-13,245
-39,384
-45,322
-176,006
Change in Investments
-321,247
-327,785
-349,473
32,228
-23,392
-313,054
377,901
924,822
cash flow from investments
-431,510
-329,198
-220,288
-733,210
91,192
-446,727
-34,041
-84,197
264,884
243,285
-102,459
10,147
273,670
-423,223
-1,100,828
Financing Activities
Bank loans
Group/Directors Accounts
154,016
990,826
337,392
222,325
-3,080,859
3,089,224
-3,953,199
3,791,672
-6,178
167,705
-18,000
-17,000
31,000
4,000
Other Short Term Loans
Long term loans
-3,869,045
532,000
957,000
1,440,657
-86,658
1,026,046
Hire Purchase and Lease Commitments
-186,284
-205,416
-29,612
66,734
-109,616
583,352
-207,270
-143,635
350,905
-30,060
-85,917
115,977
other long term liabilities
share issue
3,863,460
3,474,221
interest
-328,117
-202,997
-123,980
-137,110
-148,301
-137,035
-79,740
-17,666
66
-1,009
-8,933
-32,509
-13,224
cash flow from financing
-360,385
582,413
183,800
151,949
-3,338,776
3,535,541
-4,240,209
3,630,371
344,727
162,120
532,066
937,991
1,384,664
-174,084
4,607,020
cash and cash equivalents
cash
56,663
-127,504
175,506
-128,121
165,529
3,187
-841,104
811,557
-389,593
-122,846
467,172
14,893
-287,203
-277,193
624,428
overdraft
-328,148
328,148
-445,830
253,679
192,151
-288,000
-226,356
-135,463
416,178
233,641
change in cash
56,663
-127,504
175,506
-128,121
493,677
-324,961
-395,274
557,878
-581,744
-122,846
755,172
241,249
-151,740
-693,371
390,787
jaltek systems 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 jaltek systems limited. Get real-time insights into jaltek systems limited's credit score, group structure and payment trends.
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jaltek systems limited Ownership
JALTEK SYSTEMS LIMITED group structure
Jaltek Systems Limited has no subsidiary companies.
26511 - Manufacture of electronic instruments and appliances for measuring, testing, and navigation, except industrial process control equipment
incorporation date
November 1988
age
37
incorporated
UK
ultimate parent company
JALTEK TRUST
accounts
Full Accounts
last accounts submitted
December 2023
previous names
jaltek instruments limited (January 1992)
accountant
-
auditor
MHA
address
unit 13 sundon business park, dencora way sundon park, luton, bedfordshire, LU3 3HP
Bank
BARCLAYS BANK PLC
Legal Advisor
-
jaltek systems 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 5 charges/mortgages relating to jaltek systems limited. Currently there are 2 open charges and 3 have been satisfied in the past.
jaltek systems 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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jaltek systems limitedCompanies House Filings - See Documents
