jri europe, limited

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jri europe, limited Company Information

Share JRI EUROPE, LIMITED

Company Number

02361341

Directors

Osamu Ichioka

Norihiro Ito

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Shareholders

the japan research institute ltd

Group Structure

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Industry

Computer consultancy activities

 

Registered Address

100 liverpool street, london, EC2M 2AT

jri europe, limited Estimated Valuation

£8.6m

Pomanda estimates the enterprise value of JRI EUROPE, LIMITED at £8.6m based on a Turnover of £16.5m and 0.52x industry multiple (adjusted for size and gross margin).

jri europe, limited Estimated Valuation

£1.6m

Pomanda estimates the enterprise value of JRI EUROPE, LIMITED at £1.6m based on an EBITDA of £429.7k and a 3.65x industry multiple (adjusted for size and gross margin).

jri europe, limited Estimated Valuation

£11.8m

Pomanda estimates the enterprise value of JRI EUROPE, LIMITED at £11.8m based on Net Assets of £5.1m and 2.29x industry multiple (adjusted for liquidity).

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Jri Europe, Limited Overview

Jri Europe, Limited is a live company located in london, EC2M 2AT with a Companies House number of 02361341. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in March 1989, it's largest shareholder is the japan research institute ltd with a 100% stake. Jri Europe, Limited is a mature, mid sized company, Pomanda has estimated its turnover at £16.5m with healthy growth in recent years.

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Jri Europe, Limited Health Check

Pomanda's financial health check has awarded Jri Europe, Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

6 Strong

positive_score

0 Regular

positive_score

4 Weak

size

Size

annual sales of £16.5m, make it larger than the average company (£1.4m)

£16.5m - Jri Europe, Limited

£1.4m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (9.3%)

14% - Jri Europe, Limited

9.3% - Industry AVG

production

Production

with a gross margin of 6.4%, this company has a higher cost of product (43.9%)

6.4% - Jri Europe, Limited

43.9% - Industry AVG

profitability

Profitability

an operating margin of 2.6% make it less profitable than the average company (6.1%)

2.6% - Jri Europe, Limited

6.1% - Industry AVG

employees

Employees

with 76 employees, this is above the industry average (12)

76 - Jri Europe, Limited

12 - Industry AVG

paystructure

Pay Structure

on an average salary of £132k, the company has a higher pay structure (£59.8k)

£132k - Jri Europe, Limited

£59.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £217.5k, this is more efficient (£130.8k)

£217.5k - Jri Europe, Limited

£130.8k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Jri Europe, Limited

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 0 days, this is quicker than average (28 days)

0 days - Jri Europe, Limited

28 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Jri Europe, Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 110 weeks, this is more cash available to meet short term requirements (17 weeks)

110 weeks - Jri Europe, Limited

17 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 36.4%, this is a lower level of debt than the average (55.4%)

36.4% - Jri Europe, Limited

55.4% - Industry AVG

JRI EUROPE, LIMITED financials

EXPORTms excel logo

Jri Europe, Limited's latest turnover from March 2024 is £16.5 million and the company has net assets of £5.1 million. According to their latest financial statements, Jri Europe, Limited has 76 employees and maintains cash reserves of £6 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover16,527,02713,897,21612,358,44511,154,96011,286,7187,520,6705,533,2244,787,6713,736,4383,300,5744,372,7685,183,2024,647,4054,745,9306,480,134
Other Income Or Grants
Cost Of Sales15,477,02612,928,99011,523,10310,492,45110,584,3226,997,7115,127,2064,440,5313,490,5373,358,9005,166,2034,495,2504,485,0954,202,2504,902,874
Gross Profit1,050,001968,226835,342662,509702,396522,959406,018347,140245,901-58,326-793,435687,952162,310543,6801,577,260
Admin Expenses620,310671,492411,749287,641321,749274,524227,13118,236132,306275,277472,953656,908554,752499,5781,333,299
Operating Profit429,691296,734423,593374,868380,647248,435178,887328,904113,595-333,603-1,266,38831,044-392,44244,102243,961
Interest Payable2,391
Interest Receivable176,71235,4607551,88015,0528,6254,2555,86811,14010,97813,63820,56421,20122,08318,934
Pre-Tax Profit727,112499,300417,435378,257395,699262,123190,285166,958124,735-324,357-1,252,75051,608-371,241138,983260,504
Tax-181,778-100,319-50,621-71,82934,696-53,045-39,40699,4512,93342,422-8,664-14,39186,608-33,433-83,661
Profit After Tax545,334398,981366,814306,428430,395209,078150,879266,409127,668-281,935-1,261,41437,217-284,633105,550176,843
Dividends Paid
Retained Profit545,334398,981366,814306,428430,395209,078150,879266,409127,668-281,935-1,261,41437,217-284,633105,550176,843
Employee Costs10,032,2588,727,5728,335,1107,766,2886,396,4843,678,0542,770,7822,567,0932,467,7432,505,0693,008,9083,550,6583,287,0563,128,4703,923,985
Number Of Employees767272704632272526294051515571
EBITDA*429,691296,734513,160391,929401,973265,495195,947348,213134,028-240,821-1,031,114257,439-166,958225,725406,901

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets89,567106,628127,954145,014162,074185,037217,614266,499315,384391,505445,386515,924
Intangible Assets61,250692,492643,932363,041244,623
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets89,567106,628127,954145,014162,074185,037217,614327,7491,007,8761,035,437808,427760,547
Stock & work in progress1,980462,8287040,13831,872
Trade Debtors186,260135,364242,707259,2891,042,829
Group Debtors40,22048,463995,65214,21235,0571,144,994887,791359,314324,648462,456325,395407,391237,521218,1136,668
Misc Debtors2,053,0811,810,9121,710,5391,796,1291,125,6381,588,3161,329,6351,022,980727,887174,957421,398536,188551,954377,901173,187
Cash5,989,1765,341,1513,874,6243,929,1712,947,9951,326,8441,256,0731,697,4721,588,0941,747,1391,737,0961,852,5382,282,1282,937,9752,596,248
misc current assets
total current assets8,082,4777,200,5266,580,8155,739,5124,108,6904,060,1543,473,4993,079,7662,640,6292,384,5522,672,1293,394,3093,314,3803,833,4163,850,804
total assets8,082,4777,200,5266,580,8155,829,0794,215,3184,188,1083,618,5133,241,8402,825,6662,602,1662,999,8784,402,1854,349,8174,641,8434,611,351
Bank overdraft
Bank loan
Trade Creditors 14,51456,68626,06270,089224,77599,69551,16911,66630,54810,21978,96937,181220,565113,504
Group/Directors Accounts34,806127,105151,74558,497144,83380,45940,62927,25624,56537,12968,26317,679
other short term finances
hp & lease commitments
other current liabilities2,777,5002,298,9802,014,2241,646,179614,055677,035516,497386,413325,100185,668324,444384,023379,526210,308387,669
total current liabilities2,826,8202,482,7712,192,0311,774,765614,0551,046,643696,651478,211336,766243,472359,228500,121484,970430,873518,852
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions113,184120,616190,626222,97076,34746,94436,41929,06520,74518,20761,49048,569
total long term liabilities113,184120,616190,626222,97076,34746,94436,41929,06520,74518,20761,49048,569
total liabilities2,940,0042,603,3872,382,6571,997,735690,4021,093,587733,070507,276357,511261,679359,228500,121484,970492,363567,421
net assets5,142,4734,597,1394,198,1583,831,3443,524,9163,094,5212,885,4432,734,5642,468,1552,340,4872,640,6503,902,0643,864,8474,149,4804,043,930
total shareholders funds5,142,4734,597,1394,198,1583,831,3443,524,9163,094,5212,885,4432,734,5642,468,1552,340,4872,640,6503,902,0643,864,8474,149,4804,043,930
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit429,691296,734423,593374,868380,647248,435178,887328,904113,595-333,603-1,266,38831,044-392,44244,102243,961
Depreciation89,56717,06121,32617,06017,06019,30920,43331,53248,81973,84497,402103,358114,694
Amortisation61,250186,455152,551128,08278,26548,246
Tax-181,778-100,319-50,621-71,82934,696-53,045-39,40699,4512,93342,422-8,664-14,39186,608-33,433-83,661
Stock-1,980-460,848462,758-40,0688,26631,872
Debtors233,926-846,816895,850649,6461,160,695515,884835,132329,759415,122-295,640-145,89046,761176,879-367,3811,222,684
Creditors-42,17230,624-44,02770,089125,08048,52639,503-18,88220,329-68,75041,788-183,384107,061113,504
Accruals and Deferred Income478,520284,756368,0451,032,124614,055160,538130,08461,313139,432-138,776-59,5794,497169,218-177,361387,669
Deferred Taxes & Provisions-7,432-70,010-32,344146,62376,34710,5257,3548,3202,53818,207-61,49012,92148,569
Cash flow from operations442,9031,288,601-141,637919,290-33,624-7,291-492,627227,041-155,073-1,019-561,369-220,186-292,817494,028-381,574
Investing Activities
capital expenditure-127,9543,65412,14417,353444,853-198,834-452,494-229,503-923,487
Change in Investments
cash flow from investments-127,9543,65412,14417,353444,853-198,834-452,494-229,503-923,487
Financing Activities
Bank loans
Group/Directors Accounts-92,299-24,64093,24858,49764,37439,83040,629-27,2562,691-12,564-31,13468,263-17,67917,679
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue3,094,521-18,2283,867,087
interest176,71235,4607551,88015,0528,6254,2555,86811,14010,97813,63820,56421,20122,08316,543
cash flow from financing84,41310,82094,00360,3773,109,57372,99944,08546,497-16,116-4,5591,074-10,57089,4644,4043,901,309
cash and cash equivalents
cash648,0251,466,527-54,547981,1762,947,99570,771-441,399109,378-159,04510,043-115,442-429,590-655,847341,7272,596,248
overdraft
change in cash648,0251,466,527-54,547981,1762,947,99570,771-441,399109,378-159,04510,043-115,442-429,590-655,847341,7272,596,248

jri europe, limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Jri Europe, Limited Competitor Analysis

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Perform a competitor analysis for jri europe, limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other mid companies, companies in EC2M area or any other competitors across 12 key performance metrics.

jri europe, limited Ownership

JRI EUROPE, LIMITED group structure

Jri Europe, Limited has no subsidiary companies.

Ultimate parent company

SUMITOMO MITSUI FINANCIAL GROUP INC.

#0131507

JAPAN RESEARCH INSTITUTE LTD

#0022564

2 parents

JRI EUROPE, LIMITED

02361341

JRI EUROPE, LIMITED Shareholders

the japan research institute ltd 100%

jri europe, limited directors

Jri Europe, Limited currently has 6 directors. The longest serving directors include Mr Osamu Ichioka (Jan 2019) and Mr Norihiro Ito (Oct 2021).

officercountryagestartendrole
Mr Osamu IchiokaUnited Kingdom62 years Jan 2019- Director
Mr Norihiro ItoUnited Kingdom50 years Oct 2021- Director
Mr Robert HooperUnited Kingdom53 years May 2023- Director
Mr Atsushi OtaUnited Kingdom52 years May 2024- Director
Ms Yukiko YoritakaUnited Kingdom60 years May 2024- Director
Mr Takeshi InoueUnited Kingdom58 years May 2024- Director

P&L

March 2024

turnover

16.5m

+19%

operating profit

429.7k

0%

gross margin

6.4%

-8.81%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

5.1m

+0.12%

total assets

8.1m

+0.12%

cash

6m

+0.12%

net assets

Total assets minus all liabilities

jri europe, limited company details

company number

02361341

Type

Private limited with Share Capital

industry

62020 - Computer consultancy activities

incorporation date

March 1989

age

36

incorporated

UK

ultimate parent company

SUMITOMO MITSUI FINANCIAL GROUP INC.

accounts

Full Accounts

last accounts submitted

March 2024

previous names

jais europe limited (April 1998)

accountant

-

auditor

ERNST & YOUNG LLP

address

100 liverpool street, london, EC2M 2AT

Bank

BANK OF SCOTLAND

Legal Advisor

-

jri europe, 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 did not find charges/mortgages relating to jri europe, limited.

jri europe, 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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jri europe, limited Companies House Filings - See Documents

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