jfc engineering limited
jfc engineering limited Company Information
Group Structure
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Industry
Manufacture of other fabricated metal products n.e.c.
Registered Address
frp advisory llp, 4 beaconsfield road, st albans, hertfordshire, AL1 3RD
Website
www.jfcengineering.co.ukjfc engineering limited Estimated Valuation
Pomanda estimates the enterprise value of JFC ENGINEERING LIMITED at £1.5m based on a Turnover of £2.8m and 0.52x industry multiple (adjusted for size and gross margin).
jfc engineering limited Estimated Valuation
Pomanda estimates the enterprise value of JFC ENGINEERING LIMITED at £198.1k based on an EBITDA of £48.2k and a 4.11x industry multiple (adjusted for size and gross margin).
jfc engineering limited Estimated Valuation
Pomanda estimates the enterprise value of JFC ENGINEERING LIMITED at £1.1m based on Net Assets of £584k and 1.96x industry multiple (adjusted for liquidity).
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Jfc Engineering Limited Overview
Jfc Engineering Limited is a dissolved company that was located in st albans, AL1 3RD with a Companies House number of 02619661. It operated in the manufacture of other fabricated metal products n.e.c. sector, SIC Code 25990. Founded in June 1991, it's largest shareholder was jfc group ltd with a 100% stake. The last turnover for Jfc Engineering Limited was estimated at £2.8m.
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Jfc Engineering Limited Health Check
Pomanda's financial health check has awarded Jfc Engineering Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
8 Weak
Size
annual sales of £2.8m, make it smaller than the average company (£8.3m)
- Jfc Engineering Limited
£8.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -6%, show it is growing at a slower rate (2.8%)
- Jfc Engineering Limited
2.8% - Industry AVG
Production
with a gross margin of 30.6%, this company has a comparable cost of product (30.6%)
- Jfc Engineering Limited
30.6% - Industry AVG
Profitability
an operating margin of 1.4% make it less profitable than the average company (6%)
- Jfc Engineering Limited
6% - Industry AVG
Employees
with 26 employees, this is below the industry average (71)
26 - Jfc Engineering Limited
71 - Industry AVG
Pay Structure
on an average salary of £34k, the company has an equivalent pay structure (£34k)
- Jfc Engineering Limited
£34k - Industry AVG
Efficiency
resulting in sales per employee of £106.7k, this is equally as efficient (£118k)
- Jfc Engineering Limited
£118k - Industry AVG
Debtor Days
it gets paid by customers after 81 days, this is later than average (65 days)
- Jfc Engineering Limited
65 days - Industry AVG
Creditor Days
its suppliers are paid after 74 days, this is slower than average (51 days)
- Jfc Engineering Limited
51 days - Industry AVG
Stock Days
it holds stock equivalent to 80 days, this is more than average (53 days)
- Jfc Engineering Limited
53 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (11 weeks)
0 weeks - Jfc Engineering Limited
11 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 (50.9%)
70.3% - Jfc Engineering Limited
50.9% - Industry AVG
JFC ENGINEERING LIMITED financials
Jfc Engineering Limited's latest turnover from May 2018 is estimated at £2.8 million and the company has net assets of £584 thousand. According to their latest financial statements, Jfc Engineering Limited has 26 employees and maintains cash reserves of £1.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 3,265,377 | ||||||||
| Other Income Or Grants | |||||||||
| Cost Of Sales | 2,381,708 | ||||||||
| Gross Profit | 883,669 | ||||||||
| Admin Expenses | 806,039 | ||||||||
| Operating Profit | 77,630 | ||||||||
| Interest Payable | 47,820 | ||||||||
| Interest Receivable | |||||||||
| Pre-Tax Profit | 29,810 | ||||||||
| Tax | 2,139 | ||||||||
| Profit After Tax | 31,949 | ||||||||
| Dividends Paid | |||||||||
| Retained Profit | 31,949 | ||||||||
| Employee Costs | |||||||||
| Number Of Employees | 26 | 28 | |||||||
| EBITDA* | 190,649 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 308,338 | 165,572 | 138,263 | 135,659 | 128,335 | 134,722 | 175,880 | 181,781 | 199,020 |
| Intangible Assets | 9,600 | 12,000 | |||||||
| Investments & Other | |||||||||
| Debtors (Due After 1 year) | 451,429 | 451,429 | 451,429 | 451,421 | 453,841 | 444,140 | 499,095 | 452,480 | |
| Total Fixed Assets | 759,767 | 617,001 | 589,692 | 587,080 | 582,176 | 588,462 | 686,975 | 634,261 | 199,020 |
| Stock & work in progress | 425,039 | 456,464 | 486,404 | 574,371 | 475,340 | 800,288 | 859,868 | 950,469 | 371,115 |
| Trade Debtors | 618,496 | 377,624 | 517,953 | 440,917 | 730,607 | 798,422 | 824,743 | 1,036,856 | 382,047 |
| Group Debtors | 936,188 | ||||||||
| Misc Debtors | 161,934 | 85,896 | 92,611 | 169,794 | |||||
| Cash | 1,079 | 799 | 1,528 | 952 | 83,653 | 24,533 | 32,846 | 71,781 | 2,521 |
| misc current assets | |||||||||
| total current assets | 1,206,548 | 920,783 | 1,098,496 | 1,016,240 | 1,289,600 | 1,623,243 | 1,717,457 | 2,059,106 | 1,861,665 |
| total assets | 1,966,315 | 1,537,784 | 1,688,188 | 1,603,320 | 1,871,776 | 2,211,705 | 2,404,432 | 2,693,367 | 2,060,685 |
| Bank overdraft | 493,040 | 374,621 | 479,288 | 562,295 | |||||
| Bank loan | |||||||||
| Trade Creditors | 392,079 | 336,455 | 337,300 | 1,036,575 | 1,274,530 | 1,389,570 | 1,741,011 | 1,823,652 | 243,502 |
| Group/Directors Accounts | |||||||||
| other short term finances | |||||||||
| hp & lease commitments | 72,494 | 41,236 | |||||||
| other current liabilities | 244,301 | 193,141 | 265,186 | 369,639 | |||||
| total current liabilities | 1,201,914 | 904,217 | 1,081,774 | 1,036,575 | 1,274,530 | 1,389,570 | 1,741,011 | 1,823,652 | 1,216,672 |
| loans | 28,451 | 43,337 | 44,678 | 30,640 | 223,199 | ||||
| hp & lease commitments | 151,989 | 9,439 | 20,765 | 30,570 | |||||
| Accruals and Deferred Income | |||||||||
| other liabilities | 41,777 | 114,249 | 358,063 | 150,496 | 163,048 | ||||
| provisions | 32,419 | 31,511 | |||||||
| total long term liabilities | 180,440 | 52,776 | 65,443 | 41,777 | 114,249 | 358,063 | 150,496 | 226,107 | 285,280 |
| total liabilities | 1,382,354 | 956,993 | 1,147,217 | 1,078,352 | 1,388,779 | 1,747,633 | 1,891,507 | 2,049,759 | 1,501,952 |
| net assets | 583,961 | 580,791 | 540,971 | 524,968 | 482,997 | 464,072 | 512,925 | 643,608 | 558,733 |
| total shareholders funds | 583,961 | 580,791 | 540,971 | 524,968 | 482,997 | 464,072 | 512,925 | 643,608 | 558,733 |
| May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | 77,630 | ||||||||
| Depreciation | 10,265 | 13,492 | 24,956 | 23,728 | 22,051 | 30,554 | 11,523 | 47,158 | 113,019 |
| Amortisation | 2,400 | 2,400 | |||||||
| Tax | 2,139 | ||||||||
| Stock | -31,425 | -29,940 | -87,967 | 99,031 | -324,948 | -59,580 | -90,601 | 579,354 | 371,115 |
| Debtors | 316,910 | -147,044 | 169,655 | -292,110 | -58,114 | -81,276 | -165,498 | 1,307 | 1,488,029 |
| Creditors | 55,624 | -845 | -699,275 | -237,955 | -115,040 | -351,441 | -82,641 | 1,580,150 | 243,502 |
| Accruals and Deferred Income | 51,160 | -72,045 | 265,186 | -369,639 | 369,639 | ||||
| Deferred Taxes & Provisions | -32,419 | 908 | 31,511 | ||||||
| Cash flow from operations | -1,021,704 | ||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | |||||||||
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | |||||||||
| Group/Directors Accounts | |||||||||
| Other Short Term Loans | |||||||||
| Long term loans | -14,886 | -1,341 | 44,678 | -30,640 | -192,559 | 223,199 | |||
| Hire Purchase and Lease Commitments | 215,044 | -11,326 | 20,765 | -71,806 | 71,806 | ||||
| other long term liabilities | -41,777 | -72,472 | -243,814 | 207,567 | -12,552 | 163,048 | |||
| share issue | |||||||||
| interest | -47,820 | ||||||||
| cash flow from financing | 773,969 | ||||||||
| cash and cash equivalents | |||||||||
| cash | 280 | -729 | 576 | -82,701 | 59,120 | -8,313 | -38,935 | 69,260 | 2,521 |
| overdraft | 118,419 | -104,667 | 479,288 | -562,295 | 562,295 | ||||
| change in cash | -118,139 | 103,938 | -478,712 | -82,701 | 59,120 | -8,313 | -38,935 | 631,555 | -559,774 |
jfc engineering limited Credit Report and Business Information
Jfc Engineering Limited Competitor Analysis
Perform a competitor analysis for jfc engineering limited by selecting its closest rivals, whether from the MANUFACTURING sector, other undefined companies, companies in AL1 area or any other competitors across 12 key performance metrics.
jfc engineering limited Ownership
JFC ENGINEERING LIMITED group structure
Jfc Engineering Limited has no subsidiary companies.
jfc engineering limited directors
Jfc Engineering Limited currently has 2 directors. The longest serving directors include Mrs Jane Meek (May 1995) and Mr Simon Barrett (Aug 1999).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Jane Meek | England | 82 years | May 1995 | - | Director |
| Mr Simon Barrett | England | 53 years | Aug 1999 | - | Director |
P&L
May 2018turnover
2.8m
+22%
operating profit
38k
0%
gross margin
30.6%
-1.12%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2018net assets
584k
+0.01%
total assets
2m
+0.28%
cash
1.1k
+0.35%
net assets
Total assets minus all liabilities
jfc engineering limited company details
company number
02619661
Type
Private limited with Share Capital
industry
25990 - Manufacture of other fabricated metal products n.e.c.
incorporation date
June 1991
age
34
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
May 2018
previous names
flegg engineering limited (August 1998)
mike flegg engineering limited (April 1996)
accountant
-
auditor
-
address
frp advisory llp, 4 beaconsfield road, st albans, hertfordshire, AL1 3RD
Bank
-
Legal Advisor
-
jfc engineering 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 8 charges/mortgages relating to jfc engineering limited. Currently there are 3 open charges and 5 have been satisfied in the past.
jfc engineering 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 JFC ENGINEERING LIMITED. This can take several minutes, an email will notify you when this has completed.
jfc engineering limited Companies House Filings - See Documents
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