jotone projects limited

1.5

jotone projects limited Company Information

Share JOTONE PROJECTS LIMITED
Live 
MatureMicroDeclining

Company Number

02906388

Registered Address

1, stonecross farm industrial park, laughton, east sussex, BN8 6BN

Industry

Non-trading company

 

Telephone

-

Next Accounts Due

December 2025

Group Structure

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Directors

Alastair Michel18 Years

Shareholders

eileen michel memorial trust 75%

alastair michel 25%

jotone projects limited Estimated Valuation

£30.8k

Pomanda estimates the enterprise value of JOTONE PROJECTS LIMITED at £30.8k based on a Turnover of £88.2k and 0.35x industry multiple (adjusted for size and gross margin).

jotone projects limited Estimated Valuation

£0

Pomanda estimates the enterprise value of JOTONE PROJECTS LIMITED at £0 based on an EBITDA of £-10k and a 2.89x industry multiple (adjusted for size and gross margin).

jotone projects limited Estimated Valuation

£852.6k

Pomanda estimates the enterprise value of JOTONE PROJECTS LIMITED at £852.6k based on Net Assets of £370.1k and 2.3x industry multiple (adjusted for liquidity).

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Jotone Projects Limited Overview

Jotone Projects Limited is a live company located in laughton, BN8 6BN with a Companies House number of 02906388. It operates in the non-trading company sector, SIC Code 74990. Founded in March 1994, it's largest shareholder is eileen michel memorial trust with a 75% stake. Jotone Projects Limited is a mature, micro sized company, Pomanda has estimated its turnover at £88.2k with declining growth in recent years.

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Jotone Projects Limited Health Check

Pomanda's financial health check has awarded Jotone Projects 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

Health Check Image
Health Rating1.5out of 5
positive_score

1 Strong

positive_score

1 Regular

positive_score

8 Weak

size

Size

annual sales of £88.2k, make it smaller than the average company (£2.7m)

£88.2k - Jotone Projects Limited

£2.7m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -5%, show it is growing at a slower rate (7.5%)

-5% - Jotone Projects Limited

7.5% - Industry AVG

production

Production

with a gross margin of 19.3%, this company has a higher cost of product (34.6%)

19.3% - Jotone Projects Limited

34.6% - Industry AVG

profitability

Profitability

an operating margin of -11.3% make it less profitable than the average company (6%)

-11.3% - Jotone Projects Limited

6% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (32)

1 - Jotone Projects Limited

32 - Industry AVG

paystructure

Pay Structure

on an average salary of £39.8k, the company has an equivalent pay structure (£39.8k)

£39.8k - Jotone Projects Limited

£39.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £88.2k, this is less efficient (£141.8k)

£88.2k - Jotone Projects Limited

£141.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 102 days, this is later than average (37 days)

102 days - Jotone Projects Limited

37 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 26 days, this is quicker than average (38 days)

26 days - Jotone Projects Limited

38 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Jotone Projects Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Jotone Projects Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 1.4%, this is a lower level of debt than the average (38%)

1.4% - Jotone Projects Limited

38% - Industry AVG

JOTONE PROJECTS LIMITED financials

EXPORTms excel logo

Jotone Projects Limited's latest turnover from March 2024 is estimated at £88.2 thousand and the company has net assets of £370.1 thousand. According to their latest financial statements, we estimate that Jotone Projects Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover88,192116,584172,595103,01727,98850,64429,26469,63673,535100,422115,92916,6477,898117,110135,428
Other Income Or Grants000000000000000
Cost Of Sales71,20793,672143,39786,35623,05141,58624,10757,22160,34481,94995,97913,6996,60696,848112,508
Gross Profit16,98622,91229,19916,6614,9379,0585,15812,41413,19118,47419,9512,9481,29220,26222,920
Admin Expenses26,99022,22825,504-11,83814,738-2,85918,455-277,36532,532-4,285-1,609-20,281-9,138-611-86,331
Operating Profit-10,0046843,69528,499-9,80111,917-13,297289,779-19,34122,75921,56023,22910,43020,873109,251
Interest Payable000000000000000
Interest Receivable0000000401961971295410315963
Pre-Tax Profit-10,0046843,69528,499-9,80111,917-13,297289,819-19,14522,95621,69023,28310,53221,032109,314
Tax0-130-702-5,4150-2,2640-57,9640-4,821-4,989-5,588-2,738-5,889-30,608
Profit After Tax-10,0045542,99323,084-9,8019,653-13,297231,855-19,14518,13516,70117,6957,79415,14378,706
Dividends Paid000000000000000
Retained Profit-10,0045542,99323,084-9,8019,653-13,297231,855-19,14518,13516,70117,6957,79415,14378,706
Employee Costs39,84137,99635,22734,60234,14233,94132,75631,73631,16431,89431,47131,87631,08831,05931,421
Number Of Employees111111111111111
EBITDA*-10,0046843,69528,499-9,80111,917-13,297289,779-18,92822,79521,61723,30310,52921,005109,427

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets350,470350,573350,699350,699350,852351,039351,267351,545351,884350,130350,166350,223350,297350,396350,528
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets350,470350,573350,699350,699350,852351,039351,267351,545351,884350,130350,166350,223350,297350,396350,528
Stock & work in progress000000000000000
Trade Debtors24,79334,95233,75531,8757,38215,9207,84220,8624,50000008651,365
Group Debtors000000000000000
Misc Debtors000000000000000
Cash0000000032,11246,15332,67919,0232,41038,60725,000
misc current assets000000000000000
total current assets24,79334,95233,75531,8757,38215,9207,84220,86236,61246,15332,67919,0232,41039,47226,365
total assets375,263385,525384,454382,574358,234366,959359,109372,407388,496396,283382,845369,246352,707389,868376,893
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 5,1975,45505,4514,1953,7194,9224,92340,98529,62734,2894,8582,38783,45285,594
Group/Directors Accounts0000000000032,52136,13300
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities000000000000000
total current liabilities5,1975,45505,4514,1953,7194,9224,92340,98529,62734,28937,37938,52083,45285,594
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income00060060006006000000000
other liabilities004,938000000000000
provisions000000000035476285111
total long term liabilities004,93860060006006000035476285111
total liabilities5,1975,4554,9386,0514,7953,7195,5225,52340,98529,62734,32437,42638,58283,53785,705
net assets370,066380,070379,516376,523353,439363,240353,587366,884347,511366,656348,521331,820314,125306,331291,188
total shareholders funds370,066380,070379,516376,523353,439363,240353,587366,884347,511366,656348,521331,820314,125306,331291,188
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit-10,0046843,69528,499-9,80111,917-13,297289,779-19,34122,75921,56023,22910,43020,873109,251
Depreciation0000000041336577499132176
Amortisation000000000000000
Tax0-130-702-5,4150-2,2640-57,9640-4,821-4,989-5,588-2,738-5,889-30,608
Stock000000000000000
Debtors-10,1591,1971,88024,493-8,5388,078-13,02016,3624,500000-865-5001,365
Creditors-2585,455-5,4511,256476-1,203-1-36,06211,358-4,66229,4312,471-81,065-2,14285,594
Accruals and Deferred Income00-6000600-60006000000000
Deferred Taxes & Provisions000000000-35-12-15-23-26111
Cash flow from operations-1034,812-4,938-153-187-228-278179,991-12,07013,27746,04720,171-72,43213,448163,159
Investing Activities
capital expenditure1031260153187228278339-2,16700000-350,704
Change in Investments000000000000000
cash flow from investments1031260153187228278339-2,16700000-350,704
Financing Activities
Bank loans000000000000000
Group/Directors Accounts0000000000-32,521-3,61236,13300
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities0-4,9384,938000000000000
share issue0000000-212,482000000212,482
interest0000000401961971295410315963
cash flow from financing0-4,9384,9380000-212,442196197-32,392-3,55836,236159212,545
cash and cash equivalents
cash0000000-32,112-14,04113,47413,65616,613-36,19713,60725,000
overdraft000000000000000
change in cash0000000-32,112-14,04113,47413,65616,613-36,19713,60725,000

jotone projects 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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Jotone Projects Limited Competitor Analysis

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Perform a competitor analysis for jotone projects limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in BN8 area or any other competitors across 12 key performance metrics.

jotone projects limited Ownership

JOTONE PROJECTS LIMITED group structure

Jotone Projects Limited has no subsidiary companies.

Ultimate parent company

JOTONE PROJECTS LIMITED

02906388

JOTONE PROJECTS LIMITED Shareholders

eileen michel memorial trust 75%
alastair michel 25%

jotone projects limited directors

Jotone Projects Limited currently has 1 director, Mr Alastair Michel serving since Sep 2006.

officercountryagestartendrole
Mr Alastair Michel58 years Sep 2006- Director

P&L

March 2024

turnover

88.2k

-24%

operating profit

-10k

0%

gross margin

19.3%

-2%

turnover

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

Balance Sheet

March 2024

net assets

370.1k

-0.03%

total assets

375.3k

-0.03%

cash

0

0%

net assets

Total assets minus all liabilities

jotone projects limited company details

company number

02906388

Type

Private limited with Share Capital

industry

74990 - Non-trading company

incorporation date

March 1994

age

30

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

1, stonecross farm industrial park, laughton, east sussex, BN8 6BN

Bank

-

Legal Advisor

-

jotone projects 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 jotone projects limited.

charges

jotone projects limited Companies House Filings - See Documents

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