Pomanda estimates the enterprise value of J.T.T. CONTRACTING LIMITED at £1.6m based on a Turnover of £6.4m and 0.24x industry multiple (adjusted for size and gross margin).
j.t.t. contracting limitedEstimated Valuation
£23k
Pomanda estimates the enterprise value of J.T.T. CONTRACTING LIMITED at £23k based on an EBITDA of £6.9k and a 3.33x industry multiple (adjusted for size and gross margin).
j.t.t. contracting limitedEstimated Valuation
£564.6k
Pomanda estimates the enterprise value of J.T.T. CONTRACTING LIMITED at £564.6k based on Net Assets of £300.2k and 1.88x industry multiple (adjusted for liquidity).
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J.t.t. Contracting LimitedOverview
J.t.t. Contracting Limited is a live company located in torquay, TQ2 7FF with a Companies House number of 02534724. It operates in the construction of roads and motorways sector, SIC Code 42110. Founded in August 1990, it's largest shareholder is
ledger management ltd
with a 100% stake. J.t.t. Contracting Limited is a mature,
mid sized company, Pomanda has estimated its turnover at
£6.4m with
declining
growth in recent years.
Pomanda's financial health check has awarded J.T.T. Contracting Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
Health Rating1.5out of 5
1 Strong
4 Regular
7 Weak
Size
annual sales of £6.4m, make it smaller than the average company (£16.6m)
£6.4m - J.t.t. Contracting Limited
£16.6m - Industry AVG
Growth
3 year (CAGR) sales growth of -4%, show it is growing at a slower rate (8.6%)
-4% - J.t.t. Contracting Limited
8.6% - Industry AVG
Production
with a gross margin of 18.2%, this company has a comparable cost of product (18.2%)
18.2% - J.t.t. Contracting Limited
18.2% - Industry AVG
Profitability
an operating margin of -0.1% make it less profitable than the average company (5.3%)
-0.1% - J.t.t. Contracting Limited
5.3% - Industry AVG
Employees
with 39 employees, this is below the industry average (56)
39 - J.t.t. Contracting Limited
56 - Industry AVG
Pay Structure
on an average salary of £53.1k, the company has an equivalent pay structure (£53.1k)
£53.1k - J.t.t. Contracting Limited
£53.1k - Industry AVG
Efficiency
resulting in sales per employee of £163.1k, this is less efficient (£248.2k)
£163.1k - J.t.t. Contracting Limited
£248.2k - Industry AVG
Debtor Days
it gets paid by customers after 56 days, this is near the average (49 days)
56 days - J.t.t. Contracting Limited
49 days - Industry AVG
Creditor Days
its suppliers are paid after 34 days, this is close to average (38 days)
34 days - J.t.t. Contracting Limited
38 days - Industry AVG
Stock Days
it holds stock equivalent to 0 days, this is less than average (4 days)
0 days - J.t.t. Contracting Limited
4 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 21 weeks, this is less cash available to meet short term requirements (28 weeks)
21 weeks - J.t.t. Contracting Limited
28 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 89.1%, this is a higher level of debt than the average (61.4%)
89.1% - J.t.t. Contracting Limited
61.4% - Industry AVG
J.T.T. CONTRACTING LIMITED financials
EXPORT
J.T.T. Contracting Limited's latest turnover from January 2024 is estimated at £6.4 million and the company has net assets of £300.2 thousand. According to their latest financial statements, J.T.T. Contracting Limited has 39 employees and maintains cash reserves of £994.5 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jan 2024
Jan 2023
Jan 2022
Jan 2021
Jan 2020
Jan 2019
Jan 2018
Jan 2017
Jan 2016
Jan 2015
Jan 2014
Jan 2013
Jan 2012
Jan 2011
Jan 2010
Turnover
6,362,406
6,949,409
5,935,579
7,263,795
9,246,782
7,466,357
7,245,610
9,139,615
7,161,921
7,768,825
7,487,178
7,105,836
6,536,009
7,316,352
6,799,295
Other Income Or Grants
Cost Of Sales
5,202,385
5,725,390
4,902,597
6,057,475
7,736,200
6,207,476
5,983,041
7,450,925
5,867,968
6,585,449
6,370,250
6,000,874
5,401,107
6,171,178
5,840,466
Gross Profit
1,160,020
1,224,019
1,032,983
1,206,320
1,510,582
1,258,882
1,262,569
1,688,690
1,293,953
1,183,376
1,116,928
1,104,962
1,134,902
1,145,174
958,829
Admin Expenses
1,164,694
1,328,873
1,012,749
1,207,971
1,536,325
1,257,599
1,237,818
1,527,486
1,207,598
1,102,924
1,081,457
1,051,244
1,061,114
1,095,853
920,574
Operating Profit
-4,674
-104,854
20,234
-1,651
-25,743
1,283
24,751
161,204
86,355
80,452
35,471
53,718
73,788
49,321
38,255
Interest Payable
5,625
14,250
14,063
13,511
6,513
9,566
576
503
2,020
1,701
3,657
2,562
7,223
Interest Receivable
34,044
18,821
1,174
84
106
304
788
326
181
471
599
696
15
16
722
Pre-Tax Profit
23,745
-100,283
7,346
-15,078
-32,150
1,588
25,538
151,964
85,960
80,420
34,050
52,713
70,146
46,775
31,754
Tax
-5,936
-1,396
-302
-4,852
-30,393
-18,034
-14,228
-8,653
-10,048
-14,918
-10,717
-7,648
Profit After Tax
17,809
-100,283
5,950
-15,078
-32,150
1,286
20,686
121,571
67,926
66,192
25,397
42,665
55,228
36,058
24,106
Dividends Paid
40,000
40,000
18,000
31,000
10,000
Retained Profit
17,809
-100,283
5,950
-15,078
-32,150
1,286
20,686
121,571
27,926
26,192
25,397
24,665
24,228
26,058
24,106
Employee Costs
2,071,866
2,125,960
2,233,067
2,500,769
2,523,109
2,442,418
2,311,249
2,455,767
2,030,691
1,994,231
1,893,170
1,833,815
1,964,594
2,027,641
1,890,625
Number Of Employees
39
42
46
53
54
54
54
58
60
63
62
63
63
65
66
EBITDA*
6,909
-90,451
32,234
10,642
-23,743
3,283
26,751
163,489
88,355
82,452
39,186
56,003
77,503
53,896
40,255
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jan 2024
Jan 2023
Jan 2022
Jan 2021
Jan 2020
Jan 2019
Jan 2018
Jan 2017
Jan 2016
Jan 2015
Jan 2014
Jan 2013
Jan 2012
Jan 2011
Jan 2010
Tangible Assets
24,500
24,000
18,000
32,000
49,163
4,000
6,000
8,000
10,285
12,285
14,285
18,000
20,285
24,000
28,575
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
24,500
24,000
18,000
32,000
49,163
4,000
6,000
8,000
10,285
12,285
14,285
18,000
20,285
24,000
28,575
Stock & work in progress
12,000
12,000
12,000
12,000
12,000
12,000
12,000
12,000
35,000
35,000
35,000
30,000
30,000
30,000
38,000
Trade Debtors
982,550
1,142,319
740,633
1,170,741
1,708,867
1,118,932
1,148,871
1,615,543
1,367,394
1,111,805
1,219,493
1,179,696
1,053,450
1,385,362
1,872,617
Group Debtors
25,060
23,000
Misc Debtors
726,538
565,844
101,716
151,999
172,419
150,902
136,322
310,606
151,752
131,473
181,174
266,305
20,016
249,747
111,467
Cash
994,515
302,414
773,062
165,959
1,520
26,876
54,270
260,840
267
18,555
13,118
2,682
2,620
253
83
misc current assets
total current assets
2,715,603
2,022,577
1,627,411
1,500,699
1,894,806
1,308,710
1,351,463
2,198,989
1,554,413
1,321,893
1,448,785
1,478,683
1,129,086
1,665,362
2,022,167
total assets
2,740,103
2,046,577
1,645,411
1,532,699
1,943,969
1,312,710
1,357,463
2,206,989
1,564,698
1,334,178
1,463,070
1,496,683
1,149,371
1,689,362
2,050,742
Bank overdraft
50,000
50,000
37,500
192,980
306,121
57,850
68,782
341,671
333,861
Bank loan
Trade Creditors
493,590
590,158
526,153
599,233
1,037,707
721,679
562,301
988,648
694,460
823,972
939,464
953,561
784,588
825,092
1,366,446
Group/Directors Accounts
440,000
5,229
5,499
13,774
other short term finances
hp & lease commitments
other current liabilities
1,506,360
1,074,075
536,631
301,560
316,028
153,352
372,543
816,408
283,755
257,770
297,362
284,424
119,818
370,644
224,538
total current liabilities
2,439,950
1,714,233
1,112,784
943,522
1,552,214
888,805
934,844
1,805,056
1,284,336
1,081,742
1,236,826
1,295,835
973,188
1,537,407
1,924,845
loans
50,000
150,000
212,500
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
50,000
150,000
212,500
total liabilities
2,439,950
1,764,233
1,262,784
1,156,022
1,552,214
888,805
934,844
1,805,056
1,284,336
1,081,742
1,236,826
1,295,835
973,188
1,537,407
1,924,845
net assets
300,153
282,344
382,627
376,677
391,755
423,905
422,619
401,933
280,362
252,436
226,244
200,848
176,183
151,955
125,897
total shareholders funds
300,153
282,344
382,627
376,677
391,755
423,905
422,619
401,933
280,362
252,436
226,244
200,848
176,183
151,955
125,897
Jan 2024
Jan 2023
Jan 2022
Jan 2021
Jan 2020
Jan 2019
Jan 2018
Jan 2017
Jan 2016
Jan 2015
Jan 2014
Jan 2013
Jan 2012
Jan 2011
Jan 2010
Operating Activities
Operating Profit
-4,674
-104,854
20,234
-1,651
-25,743
1,283
24,751
161,204
86,355
80,452
35,471
53,718
73,788
49,321
38,255
Depreciation
11,583
14,403
12,000
12,293
2,000
2,000
2,000
2,285
2,000
2,000
3,715
2,285
3,715
4,575
2,000
Amortisation
Tax
-5,936
-1,396
-302
-4,852
-30,393
-18,034
-14,228
-8,653
-10,048
-14,918
-10,717
-7,648
Stock
-23,000
5,000
-8,000
38,000
Debtors
925
865,814
-480,391
-558,546
611,452
-15,359
-640,956
407,003
250,808
-132,329
-45,334
349,535
-538,643
-348,975
1,984,084
Creditors
-96,568
64,005
-73,080
-438,474
316,028
159,378
-426,347
294,188
-129,512
-115,492
-14,097
168,973
-40,504
-541,354
1,366,446
Accruals and Deferred Income
432,285
537,444
235,071
-14,468
162,676
-219,191
-443,865
532,653
25,985
-39,592
12,938
164,606
-250,826
146,106
224,538
Deferred Taxes & Provisions
Cash flow from operations
335,765
-354,816
673,220
116,246
-156,491
-41,473
-207,357
575,934
-284,014
45,469
69,708
29,999
309,898
4,906
-398,493
Investing Activities
capital expenditure
-12,083
-20,403
2,000
4,870
-47,163
-8,575
Change in Investments
cash flow from investments
-12,083
-20,403
2,000
4,870
-47,163
-8,575
Financing Activities
Bank loans
Group/Directors Accounts
440,000
-5,229
-270
-8,275
13,774
Other Short Term Loans
Long term loans
-50,000
-100,000
-62,500
212,500
Hire Purchase and Lease Commitments
other long term liabilities
share issue
-1
101,791
interest
28,419
4,571
-12,889
-13,427
-6,407
304
788
-9,240
-395
-32
-1,421
-1,005
-3,642
-2,546
-6,501
cash flow from financing
418,419
-95,429
-80,618
198,803
-14,682
14,078
788
-9,240
-395
-32
-1,422
-1,005
-3,642
-2,546
95,290
cash and cash equivalents
cash
692,101
-470,648
607,103
164,439
-25,356
-27,394
-206,570
260,573
-18,288
5,437
10,436
62
2,367
170
83
overdraft
-50,000
12,500
-155,480
192,980
-306,121
306,121
-57,850
-10,932
-272,889
7,810
333,861
change in cash
742,101
-470,648
594,603
319,919
-218,336
-27,394
-206,570
566,694
-324,409
5,437
68,286
10,994
275,256
-7,640
-333,778
j.t.t. contracting 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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j.t.t. contracting limited Ownership
J.T.T. CONTRACTING LIMITED group structure
J.T.T. Contracting Limited has no subsidiary companies.
sigma house oak view close, edginswell park, torquay, devon, TQ2 7FF
Bank
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j.t.t. contracting 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 j.t.t. contracting limited. Currently there are 1 open charges and 4 have been satisfied in the past.
j.t.t. contracting limited Capital Raised & Share Issues BETA
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j.t.t. contracting limitedCompanies House Filings - See Documents
