Pomanda estimates the enterprise value of JOULES LIMITED at £158.8m based on a Turnover of £179.9m and 0.88x industry multiple (adjusted for size and gross margin).
joules limitedEstimated Valuation
£139.7m
Pomanda estimates the enterprise value of JOULES LIMITED at £139.7m based on an EBITDA of £17.4m and a 8.02x industry multiple (adjusted for size and gross margin).
joules limitedEstimated Valuation
£59.5m
Pomanda estimates the enterprise value of JOULES LIMITED at £59.5m based on Net Assets of £29.8m and 2x industry multiple (adjusted for liquidity).
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Joules LimitedOverview
Joules Limited is a live company located in london, EC4M 7RB with a Companies House number of 02934327. It operates in the wholesale of clothing and footwear sector, SIC Code 46420. Founded in May 1994, it's largest shareholder is
joules investments holdings ltd
with a 100% stake. Joules Limited is a mature,
mega sized company, Pomanda has estimated its turnover at
£179.9m with
low
growth in recent years.
Pomanda's financial health check has awarded Joules Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating4out of 5
6 Strong
3 Regular
3 Weak
Size
annual sales of £179.9m, make it larger than the average company (£5.9m)
£179.9m - Joules Limited
£5.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 1%, show it is growing at a faster rate (-5.4%)
1% - Joules Limited
-5.4% - Industry AVG
Production
with a gross margin of 50.7%, this company has a lower cost of product (41.7%)
50.7% - Joules Limited
41.7% - Industry AVG
Profitability
an operating margin of 1.1% make it less profitable than the average company (1.6%)
1.1% - Joules Limited
1.6% - Industry AVG
Employees
with 1492 employees, this is above the industry average (47)
1492 - Joules Limited
47 - Industry AVG
Pay Structure
on an average salary of £19.2k, the company has an equivalent pay structure (£22.7k)
£19.2k - Joules Limited
£22.7k - Industry AVG
Efficiency
resulting in sales per employee of £120.6k, this is equally as efficient (£125.5k)
£120.6k - Joules Limited
£125.5k - Industry AVG
Debtor Days
it gets paid by customers after 11 days, this is earlier than average (35 days)
11 days - Joules Limited
35 days - Industry AVG
Creditor Days
its suppliers are paid after 84 days, this is slower than average (59 days)
84 days - Joules Limited
59 days - Industry AVG
Stock Days
it holds stock equivalent to 157 days, this is in line with average (144 days)
157 days - Joules Limited
144 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 6 weeks, this is less cash available to meet short term requirements (15 weeks)
6 weeks - Joules Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 81.7%, this is a higher level of debt than the average (71.9%)
81.7% - Joules Limited
71.9% - Industry AVG
JOULES LIMITED financials
EXPORT
Joules Limited's latest turnover from May 2021 is £179.9 million and the company has net assets of £29.8 million. According to their latest financial statements, Joules Limited has 1,492 employees and maintains cash reserves of £12.4 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
May 2021
May 2020
May 2019
May 2018
May 2017
May 2016
May 2015
May 2014
May 2013
May 2012
May 2011
May 2010
Turnover
179,879,000
175,860,000
199,370,000
174,660,000
148,696,000
131,295,000
116,421,000
96,269,000
79,424,000
66,571,000
60,933,000
51,167,000
Other Income Or Grants
Cost Of Sales
88,594,000
80,119,000
84,765,000
73,879,000
63,548,000
61,150,000
54,386,000
43,708,000
37,210,000
32,137,000
29,160,000
22,729,000
Gross Profit
91,285,000
95,741,000
114,605,000
100,781,000
85,148,000
70,145,000
62,035,000
52,561,000
42,214,000
34,434,000
31,773,000
28,438,000
Admin Expenses
89,259,000
116,874,000
101,726,000
89,111,000
74,620,000
63,112,000
56,811,000
48,637,000
38,336,000
33,051,000
32,033,000
23,476,000
Operating Profit
2,026,000
-21,133,000
12,879,000
11,670,000
10,528,000
7,033,000
5,224,000
3,924,000
3,878,000
1,383,000
-260,000
4,962,000
Interest Payable
1,532,000
1,714,000
253,000
348,000
241,000
456,000
416,000
322,000
190,000
239,000
287,000
104,000
Interest Receivable
26,000
190,000
86,000
7,000
3,000
12,000
Pre-Tax Profit
494,000
-22,847,000
12,626,000
11,322,000
10,287,000
6,603,000
4,998,000
3,688,000
3,695,000
1,147,000
-535,000
4,858,000
Tax
-880,000
4,539,000
-2,533,000
-2,851,000
-2,485,000
-322,000
-666,000
-655,000
-1,087,000
-415,000
-9,000
-1,291,000
Profit After Tax
-386,000
-18,308,000
10,093,000
8,471,000
7,802,000
6,281,000
4,332,000
3,033,000
2,608,000
732,000
-544,000
3,567,000
Dividends Paid
7,000,000
2,100,000
Retained Profit
-386,000
-18,308,000
10,093,000
8,471,000
7,802,000
-719,000
2,232,000
3,033,000
2,608,000
732,000
-544,000
3,567,000
Employee Costs
28,681,000
32,459,000
37,381,000
33,778,000
29,079,000
21,971,000
19,423,000
16,663,000
15,790,000
14,223,000
13,405,000
9,944,000
Number Of Employees
1,492
1,760
1,752
1,765
1,546
1,439
1,328
1,097
879
796
641
465
EBITDA*
17,423,000
-2,541,000
20,202,000
19,272,000
17,127,000
12,940,000
10,520,000
7,707,000
6,248,000
3,382,000
1,154,000
6,185,000
* Earnings Before Interest, Tax, Depreciation and Amortisation
May 2021
May 2020
May 2019
May 2018
May 2017
May 2016
May 2015
May 2014
May 2013
May 2012
May 2011
May 2010
Tangible Assets
53,617,000
58,717,000
23,104,000
31,861,000
12,032,000
11,802,000
11,942,000
12,378,000
8,347,000
6,142,000
6,457,000
3,938,000
Intangible Assets
18,898,000
20,448,000
16,674,000
12,595,000
9,499,000
5,903,000
4,416,000
97,000
107,000
Investments & Other
12,651,000
13,034,000
12,651,000
13,469,000
651,000
484,000
Debtors (Due After 1 year)
2,620,000
3,034,000
Total Fixed Assets
69,895,000
76,131,000
39,778,000
44,456,000
21,531,000
17,705,000
16,358,000
12,378,000
8,347,000
6,142,000
6,554,000
4,045,000
Stock & work in progress
38,309,000
28,008,000
30,465,000
29,218,000
19,487,000
19,253,000
17,652,000
13,367,000
11,518,000
9,502,000
6,704,000
6,942,000
Trade Debtors
5,692,000
2,794,000
2,584,000
2,215,000
21,778,000
2,750,000
2,452,000
1,735,000
1,834,000
2,754,000
2,408,000
4,341,000
Group Debtors
32,392,000
17,386,000
14,544,000
6,527,000
859,000
Misc Debtors
3,921,000
3,728,000
9,200,000
9,484,000
8,112,000
7,582,000
7,420,000
5,102,000
5,082,000
5,770,000
4,375,000
Cash
12,391,000
23,527,000
9,934,000
3,716,000
1,345,000
8,440,000
1,898,000
3,901,000
4,290,000
2,025,000
107,000
4,000
misc current assets
928,000
3,321,000
1,338,000
5,593,000
706,000
679,000
total current assets
92,705,000
79,093,000
70,048,000
52,498,000
48,203,000
39,261,000
31,122,000
26,423,000
22,744,000
19,363,000
14,989,000
15,662,000
total assets
162,600,000
155,224,000
109,826,000
96,954,000
69,734,000
56,966,000
47,480,000
38,801,000
31,091,000
25,505,000
21,543,000
19,707,000
Bank overdraft
Bank loan
452,000
561,000
Trade Creditors
20,418,000
12,395,000
19,680,000
17,922,000
39,405,000
15,382,000
9,337,000
6,735,000
7,082,000
4,912,000
4,519,000
3,621,000
Group/Directors Accounts
7,088,000
other short term finances
9,325,000
12,924,000
6,769,000
7,239,000
1,835,000
373,000
694,000
6,386,000
3,802,000
3,893,000
hp & lease commitments
9,360,000
11,047,000
other current liabilities
57,535,000
43,836,000
28,022,000
32,034,000
1,632,000
23,535,000
18,829,000
8,912,000
11,154,000
4,068,000
2,339,000
1,692,000
total current liabilities
96,638,000
80,202,000
54,471,000
57,195,000
42,872,000
39,369,000
28,727,000
23,108,000
18,930,000
15,366,000
10,660,000
9,206,000
loans
72,362,000
84,503,000
4,894,000
5,944,000
588,000
1,254,000
2,010,000
518,000
167,000
1,172,000
2,648,000
1,722,000
hp & lease commitments
28,457,000
33,235,000
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
36,181,000
42,488,000
2,447,000
2,972,000
294,000
627,000
1,005,000
518,000
167,000
1,172,000
2,648,000
1,722,000
total liabilities
132,819,000
122,690,000
56,918,000
60,167,000
43,166,000
39,996,000
29,732,000
23,626,000
19,097,000
16,538,000
13,308,000
10,928,000
net assets
29,781,000
32,534,000
52,908,000
36,787,000
26,568,000
16,970,000
17,748,000
15,175,000
11,994,000
8,967,000
8,235,000
8,779,000
total shareholders funds
29,781,000
32,534,000
52,908,000
36,787,000
26,568,000
16,970,000
17,748,000
15,175,000
11,994,000
8,967,000
8,235,000
8,779,000
May 2021
May 2020
May 2019
May 2018
May 2017
May 2016
May 2015
May 2014
May 2013
May 2012
May 2011
May 2010
Operating Activities
Operating Profit
2,026,000
-21,133,000
12,879,000
11,670,000
10,528,000
7,033,000
5,224,000
3,924,000
3,878,000
1,383,000
-260,000
4,962,000
Depreciation
10,153,000
14,799,000
4,777,000
6,345,000
4,911,000
4,896,000
4,742,000
3,783,000
2,370,000
1,902,000
1,404,000
1,223,000
Amortisation
5,244,000
3,793,000
2,546,000
1,257,000
1,688,000
1,011,000
554,000
97,000
10,000
Tax
-880,000
4,539,000
-2,533,000
-2,851,000
-2,485,000
-322,000
-666,000
-655,000
-1,087,000
-415,000
-9,000
-1,291,000
Stock
10,301,000
-2,457,000
1,247,000
9,731,000
234,000
1,601,000
4,285,000
1,849,000
2,016,000
2,798,000
-238,000
6,942,000
Debtors
17,683,000
614,000
8,102,000
-3,552,000
10,916,000
-31,000
1,738,000
2,219,000
-900,000
-342,000
-538,000
8,716,000
Creditors
8,023,000
-7,285,000
1,758,000
-21,483,000
24,023,000
6,045,000
2,602,000
-347,000
2,170,000
393,000
898,000
3,621,000
Accruals and Deferred Income
13,699,000
15,814,000
-4,012,000
30,402,000
-21,903,000
4,706,000
9,917,000
-2,242,000
7,086,000
1,729,000
647,000
1,692,000
Deferred Taxes & Provisions
Cash flow from operations
10,281,000
12,370,000
6,066,000
19,161,000
5,612,000
21,799,000
16,350,000
395,000
13,301,000
2,633,000
3,466,000
-5,451,000
Investing Activities
capital expenditure
-8,747,000
-57,979,000
-2,645,000
-30,527,000
-10,425,000
-7,254,000
-9,276,000
-7,522,000
-4,359,000
-1,183,000
-3,804,000
-2,182,000
Change in Investments
-383,000
383,000
-818,000
13,469,000
-651,000
167,000
484,000
cash flow from investments
-8,364,000
-58,362,000
-1,827,000
-43,996,000
-9,774,000
-7,421,000
-9,760,000
-7,522,000
-4,359,000
-1,183,000
-3,804,000
-2,182,000
Financing Activities
Bank loans
-452,000
-109,000
561,000
Group/Directors Accounts
-7,088,000
7,088,000
Other Short Term Loans
-3,599,000
6,155,000
-470,000
5,404,000
1,835,000
-373,000
-321,000
-5,692,000
2,584,000
-91,000
3,893,000
Long term loans
-12,141,000
79,609,000
-1,050,000
5,356,000
-666,000
-756,000
1,492,000
351,000
-1,005,000
-1,476,000
926,000
1,722,000
Hire Purchase and Lease Commitments
-6,465,000
44,282,000
other long term liabilities
share issue
-2,367,000
-2,066,000
6,028,000
1,748,000
1,796,000
-59,000
341,000
148,000
419,000
5,212,000
interest
-1,532,000
-1,714,000
-253,000
-348,000
-241,000
-430,000
-226,000
-236,000
-183,000
-236,000
-275,000
-104,000
cash flow from financing
-26,104,000
126,266,000
4,255,000
12,160,000
2,272,000
-1,354,000
-5,293,000
7,030,000
-6,461,000
872,000
560,000
10,723,000
cash and cash equivalents
cash
-11,136,000
13,593,000
6,218,000
2,371,000
-7,095,000
6,542,000
-2,003,000
-389,000
2,265,000
1,918,000
103,000
4,000
overdraft
change in cash
-11,136,000
13,593,000
6,218,000
2,371,000
-7,095,000
6,542,000
-2,003,000
-389,000
2,265,000
1,918,000
103,000
4,000
joules limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for joules limited. Get real-time insights into joules limited's credit score, group structure and payment trends.
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Legal Advisor
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joules 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 15 charges/mortgages relating to joules limited. Currently there are 3 open charges and 12 have been satisfied in the past.
joules 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 JOULES LIMITED. This can take several minutes, an email will notify you when this has completed.
joules limitedCompanies House Filings - See Documents
