jig u.k. ltd
jig u.k. ltd Company Information
Company Number
02793219
Website
http://carron.uk.netRegistered Address
hurlingham business park, fulbeck heath, grantham, lincolnshire, NG32 3HL
Industry
Wholesale of hardware, plumbing and heating equipment and supplies
Telephone
01400262196
Next Accounts Due
February 2025
Group Structure
View All
Shareholders
emma bretherton 40%
jane cooper 40%
View Alljig u.k. ltd Estimated Valuation
Pomanda estimates the enterprise value of JIG U.K. LTD at £2.9m based on a Turnover of £6.3m and 0.47x industry multiple (adjusted for size and gross margin).
jig u.k. ltd Estimated Valuation
Pomanda estimates the enterprise value of JIG U.K. LTD at £720.5k based on an EBITDA of £183.4k and a 3.93x industry multiple (adjusted for size and gross margin).
jig u.k. ltd Estimated Valuation
Pomanda estimates the enterprise value of JIG U.K. LTD at £6.3m based on Net Assets of £3.1m and 2.07x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Jig U.k. Ltd Overview
Jig U.k. Ltd is a live company located in grantham, NG32 3HL with a Companies House number of 02793219. It operates in the wholesale of hardware, plumbing and heating equipment and supplies sector, SIC Code 46740. Founded in February 1993, it's largest shareholder is emma bretherton with a 40% stake. Jig U.k. Ltd is a mature, mid sized company, Pomanda has estimated its turnover at £6.3m with healthy growth in recent years.
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Jig U.k. Ltd Health Check
Pomanda's financial health check has awarded Jig U.K. Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
4 Regular
5 Weak
Size
annual sales of £6.3m, make it smaller than the average company (£18.1m)
- Jig U.k. Ltd
£18.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a faster rate (5.8%)
- Jig U.k. Ltd
5.8% - Industry AVG
Production
with a gross margin of 27.4%, this company has a comparable cost of product (27.4%)
- Jig U.k. Ltd
27.4% - Industry AVG
Profitability
an operating margin of 1.5% make it less profitable than the average company (6.5%)
- Jig U.k. Ltd
6.5% - Industry AVG
Employees
with 30 employees, this is below the industry average (59)
30 - Jig U.k. Ltd
59 - Industry AVG
Pay Structure
on an average salary of £40.6k, the company has an equivalent pay structure (£40.6k)
- Jig U.k. Ltd
£40.6k - Industry AVG
Efficiency
resulting in sales per employee of £210.5k, this is less efficient (£335.4k)
- Jig U.k. Ltd
£335.4k - Industry AVG
Debtor Days
it gets paid by customers after 54 days, this is near the average (57 days)
- Jig U.k. Ltd
57 days - Industry AVG
Creditor Days
its suppliers are paid after 47 days, this is close to average (46 days)
- Jig U.k. Ltd
46 days - Industry AVG
Stock Days
it holds stock equivalent to 153 days, this is more than average (95 days)
- Jig U.k. Ltd
95 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 31 weeks, this is more cash available to meet short term requirements (13 weeks)
31 weeks - Jig U.k. Ltd
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 25.7%, this is a lower level of debt than the average (49.4%)
25.7% - Jig U.k. Ltd
49.4% - Industry AVG
JIG U.K. LTD financials
Jig U.K. Ltd's latest turnover from May 2023 is estimated at £6.3 million and the company has net assets of £3.1 million. According to their latest financial statements, Jig U.K. Ltd has 30 employees and maintains cash reserves of £612.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 6,043,032 | 4,802,244 | 4,910,221 | 9,000,569 | ||||||||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | ||||||||||
| Cost Of Sales | 3,376,449 | 2,390,311 | 2,698,739 | 4,965,317 | ||||||||||
| Gross Profit | 2,666,583 | 2,411,933 | 2,211,482 | 4,035,252 | ||||||||||
| Admin Expenses | 2,646,461 | 2,009,526 | 2,405,279 | 3,843,492 | ||||||||||
| Operating Profit | 20,122 | 402,407 | -193,797 | 191,760 | ||||||||||
| Interest Payable | 0 | 0 | 0 | 12 | ||||||||||
| Interest Receivable | 139,102 | 96,208 | 6,680 | 16,769 | ||||||||||
| Pre-Tax Profit | 159,224 | 498,615 | -187,117 | 208,517 | ||||||||||
| Tax | -63,853 | -141,781 | 57,894 | -44,546 | ||||||||||
| Profit After Tax | 95,371 | 356,834 | -129,223 | 163,971 | ||||||||||
| Dividends Paid | 0 | 0 | 2,000,000 | 0 | ||||||||||
| Retained Profit | 95,371 | 356,834 | -2,129,223 | 163,971 | ||||||||||
| Employee Costs | 1,256,739 | 917,302 | 1,042,494 | 1,863,779 | ||||||||||
| Number Of Employees | 30 | 29 | 34 | 34 | 34 | 34 | 44 | 40 | 47 | 52 | 58 | 102 | ||
| EBITDA* | 140,536 | 500,450 | -42,879 | 500,531 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 281,367 | 230,094 | 194,585 | 230,683 | 758,229 | 827,981 | 860,286 | 837,650 | 772,287 | 751,403 | 718,544 | 704,934 | 737,433 | 947,634 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 222,222 | 583,331 | 1,000,000 | 1,000,000 | 0 | 0 |
| Total Fixed Assets | 281,367 | 230,094 | 194,585 | 230,683 | 758,229 | 827,981 | 860,286 | 837,650 | 994,509 | 1,334,734 | 1,718,544 | 1,704,934 | 737,433 | 947,634 |
| Stock & work in progress | 1,927,818 | 2,100,553 | 1,594,702 | 1,819,364 | 2,162,519 | 2,245,224 | 2,256,844 | 2,018,665 | 1,936,182 | 1,676,938 | 1,441,701 | 1,214,601 | 1,127,062 | 1,247,969 |
| Trade Debtors | 942,352 | 1,282,399 | 717,313 | 509,413 | 382,253 | 703,171 | 575,562 | 866,875 | 1,105,443 | 851,815 | 113,378 | 85,608 | 92,545 | 234,493 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 352,985 | 356,980 | 161,897 | 216,489 | 1,970,553 | 893,234 | 939,213 | 338,469 | 0 | 0 | 294,778 | 587,481 | 370,489 | 374,070 |
| Cash | 612,114 | 499,745 | 804,351 | 391,417 | 1,279,977 | 1,554,320 | 1,543,082 | 2,227,478 | 1,893,283 | 2,039,407 | 2,091,805 | 614,207 | 1,261,885 | 5,056,050 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 200,000 | 200,000 | 200,000 | 200,000 | 200,000 | 200,000 | 1,800,000 | 2,000,000 | 0 |
| total current assets | 3,835,269 | 4,239,677 | 3,278,263 | 2,936,683 | 5,795,302 | 5,595,949 | 5,514,701 | 5,651,487 | 5,134,908 | 4,768,160 | 4,141,662 | 4,301,897 | 4,851,981 | 6,912,582 |
| total assets | 4,116,636 | 4,469,771 | 3,472,848 | 3,167,366 | 6,553,531 | 6,423,930 | 6,374,987 | 6,489,137 | 6,129,417 | 6,102,894 | 5,860,206 | 6,006,831 | 5,589,414 | 7,860,216 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 595,387 | 875,146 | 190,898 | 162,032 | 168,198 | 204,467 | 227,562 | 343,021 | 324,401 | 348,475 | 106,909 | 100,194 | 98,462 | 127,060 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 26,428 | 44,974 | 65,611 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 404,807 | 592,365 | 615,937 | 249,010 | 316,934 | 199,278 | 172,601 | 230,862 | 0 | 0 | 135,670 | 357,953 | 280,556 | 372,900 |
| total current liabilities | 1,000,194 | 1,467,511 | 806,835 | 411,042 | 485,132 | 403,745 | 400,163 | 573,883 | 324,401 | 348,475 | 242,579 | 484,575 | 423,992 | 565,571 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 58,435 | 34,051 | 23,811 | 21,733 | 26,701 | 34,192 | 44,254 | 39,339 | 34,348 | 18,066 | 0 | 0 | 0 | 0 |
| total long term liabilities | 58,435 | 34,051 | 23,811 | 21,733 | 26,701 | 34,192 | 44,254 | 39,339 | 34,348 | 18,066 | 0 | 0 | 0 | 0 |
| total liabilities | 1,058,629 | 1,501,562 | 830,646 | 432,775 | 511,833 | 437,937 | 444,417 | 613,222 | 358,749 | 366,541 | 242,579 | 484,575 | 423,992 | 565,571 |
| net assets | 3,058,007 | 2,968,209 | 2,642,202 | 2,734,591 | 6,041,698 | 5,985,993 | 5,930,570 | 5,875,915 | 5,770,668 | 5,736,353 | 5,617,627 | 5,522,256 | 5,165,422 | 7,294,645 |
| total shareholders funds | 3,058,007 | 2,968,209 | 2,642,202 | 2,734,591 | 6,041,698 | 5,985,993 | 5,930,570 | 5,875,915 | 5,770,668 | 5,736,353 | 5,617,627 | 5,522,256 | 5,165,422 | 7,294,645 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 20,122 | 402,407 | -193,797 | 191,760 | ||||||||||
| Depreciation | 88,712 | 76,951 | 84,787 | 104,160 | 125,532 | 147,336 | 128,009 | 112,258 | 107,358 | 96,023 | 120,414 | 98,043 | 150,918 | 235,882 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 72,889 |
| Tax | -63,853 | -141,781 | 57,894 | -44,546 | ||||||||||
| Stock | -172,735 | 505,851 | -224,662 | -343,155 | -82,705 | -11,620 | 238,179 | 82,483 | 259,244 | 235,237 | 1,441,701 | 87,539 | -120,907 | 1,247,969 |
| Debtors | -344,042 | 760,169 | 153,308 | -1,626,904 | 756,401 | 81,630 | 309,431 | -122,321 | -107,481 | 26,990 | 1,408,156 | 1,210,055 | -145,529 | 608,563 |
| Creditors | -279,759 | 684,248 | 28,866 | -6,166 | -36,269 | -23,095 | -115,459 | 18,620 | -24,074 | 241,566 | 106,909 | 1,732 | -28,598 | 127,060 |
| Accruals and Deferred Income | -187,558 | -23,572 | 366,927 | -67,924 | 117,656 | 26,677 | -58,261 | 230,862 | 0 | -135,670 | 135,670 | 77,397 | -92,344 | 372,900 |
| Deferred Taxes & Provisions | 24,384 | 10,240 | 2,078 | -4,968 | -7,491 | -10,062 | 4,915 | 4,991 | 16,282 | 18,066 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -2,530,595 | -859,796 | 160,509 | -900,587 | ||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | 1,490,454 | 136,905 | 63,822 | -130,453 | ||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 1,490,454 | 136,905 | 63,822 | -130,453 | ||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -18,546 | -20,637 | 65,611 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 139,102 | 96,208 | 6,680 | 16,757 | ||||||||||
| cash flow from financing | 5,661,358 | 77,662 | -13,957 | 7,213,042 | ||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 112,369 | -304,606 | 412,934 | -888,560 | -274,343 | 11,238 | -684,396 | 334,195 | -146,124 | -52,398 | 2,091,805 | -647,678 | -3,794,165 | 5,056,050 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 112,369 | -304,606 | 412,934 | -888,560 | -274,343 | 11,238 | -684,396 | 334,195 | -146,124 | -52,398 | 2,091,805 | -647,678 | -3,794,165 | 5,056,050 |
jig u.k. ltd Credit Report and Business Information
Jig U.k. Ltd Competitor Analysis
Perform a competitor analysis for jig u.k. ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mid companies, companies in NG32 area or any other competitors across 12 key performance metrics.
jig u.k. ltd Ownership
JIG U.K. LTD group structure
Jig U.K. Ltd has no subsidiary companies.
Ultimate parent company
JIG U.K. LTD
02793219
jig u.k. ltd directors
Jig U.K. Ltd currently has 3 directors. The longest serving directors include Mr Brian Athey (Feb 2016) and Mr Garth Bretherton (Apr 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Brian Athey | 48 years | Feb 2016 | - | Director | |
| Mr Garth Bretherton | England | 51 years | Apr 2022 | - | Director |
| Mr Ashley MacKinder | 38 years | Sep 2022 | - | Director |
P&L
May 2023turnover
6.3m
-17%
operating profit
94.7k
0%
gross margin
27.5%
+0.84%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
3.1m
+0.03%
total assets
4.1m
-0.08%
cash
612.1k
+0.22%
net assets
Total assets minus all liabilities
Similar Companies
jig u.k. ltd company details
company number
02793219
Type
Private limited with Share Capital
industry
46740 - Wholesale of hardware, plumbing and heating equipment and supplies
incorporation date
February 1993
age
31
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
May 2023
previous names
just interesting gifts limited (September 2002)
just interesting gifts limited (September 2002)
accountant
DUNCAN & TOPLIS LIMITED
auditor
-
address
hurlingham business park, fulbeck heath, grantham, lincolnshire, NG32 3HL
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
jig u.k. ltd 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 2 charges/mortgages relating to jig u.k. ltd. Currently there are 2 open charges and 0 have been satisfied in the past.
jig u.k. ltd Companies House Filings - See Documents
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