Pomanda estimates the enterprise value of J2 FLOORING LIMITED at £1.2m based on a Turnover of £3.5m and 0.35x industry multiple (adjusted for size and gross margin).
j2 flooring limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of J2 FLOORING LIMITED at £0 based on an EBITDA of £-329.7k and a 3.87x industry multiple (adjusted for size and gross margin).
j2 flooring limitedEstimated Valuation
£2.8m
Pomanda estimates the enterprise value of J2 FLOORING LIMITED at £2.8m based on Net Assets of £1.4m and 2.03x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
J2 Flooring LimitedOverview
J2 Flooring Limited is a live company located in merseyside, PR8 6BT with a Companies House number of 03497184. It operates in the retail sale of carpets, rugs, wall and floor coverings in specialised stores sector, SIC Code 47530. Founded in January 1998, it's largest shareholder is
jenna latham
with a 50% stake. J2 Flooring Limited is a mature,
small sized company, Pomanda has estimated its turnover at
£3.5m with
rapid
growth in recent years.
Pomanda's financial health check has awarded J2 Flooring Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
3 Strong
3 Regular
6 Weak
Size
annual sales of £3.5m, make it in line with the average company (£3.5m)
£3.5m - J2 Flooring Limited
£3.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 35%, show it is growing at a faster rate (5.1%)
35% - J2 Flooring Limited
5.1% - Industry AVG
Production
with a gross margin of 40.1%, this company has a comparable cost of product (40.1%)
40.1% - J2 Flooring Limited
40.1% - Industry AVG
Profitability
an operating margin of -10.6% make it less profitable than the average company (3.6%)
-10.6% - J2 Flooring Limited
3.6% - Industry AVG
Employees
with 4 employees, this is below the industry average (22)
4 - J2 Flooring Limited
22 - Industry AVG
Pay Structure
on an average salary of £30.6k, the company has an equivalent pay structure (£30.6k)
£30.6k - J2 Flooring Limited
£30.6k - Industry AVG
Efficiency
resulting in sales per employee of £869.7k, this is more efficient (£166.8k)
£869.7k - J2 Flooring Limited
£166.8k - Industry AVG
Debtor Days
it gets paid by customers after 50 days, this is later than average (21 days)
50 days - J2 Flooring Limited
21 days - Industry AVG
Creditor Days
its suppliers are paid after 25 days, this is quicker than average (39 days)
25 days - J2 Flooring Limited
39 days - Industry AVG
Stock Days
it holds stock equivalent to 257 days, this is more than average (87 days)
257 days - J2 Flooring Limited
87 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 8 weeks, this is less cash available to meet short term requirements (22 weeks)
8 weeks - J2 Flooring Limited
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 44.4%, this is a lower level of debt than the average (63%)
44.4% - J2 Flooring Limited
63% - Industry AVG
J2 FLOORING LIMITED financials
EXPORT
J2 Flooring Limited's latest turnover from January 2024 is estimated at £3.5 million and the company has net assets of £1.4 million. According to their latest financial statements, J2 Flooring Limited has 4 employees and maintains cash reserves of £182.1 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
3,478,698
3,134,773
3,038,536
1,418,690
2,350,531
1,285,315
1,503,662
1,337,418
448,400
537,785
435,218
449,902
404,675
Other Income Or Grants
Cost Of Sales
2,084,759
1,894,839
1,870,625
898,881
1,470,362
802,882
942,886
838,596
279,198
327,880
268,024
277,754
248,518
Gross Profit
1,393,939
1,239,934
1,167,911
519,809
880,169
482,433
560,776
498,822
169,202
209,905
167,194
172,148
156,157
Admin Expenses
1,763,480
39,011
811,536
193,107
817,001
498,171
486,432
436,453
105,476
174,504
139,090
190,365
159,664
Operating Profit
-369,541
1,200,923
356,375
326,702
63,168
-15,738
74,344
62,369
63,726
35,401
28,104
-18,217
-3,507
Interest Payable
10,636
16,715
8,084
559
Interest Receivable
8,052
2,737
296
102
46
166
160
171
148
64
Pre-Tax Profit
-372,125
1,186,944
348,586
326,246
63,168
-15,738
74,344
62,415
63,893
35,561
28,275
-18,069
-3,443
Tax
-225,519
-66,231
-61,987
-12,002
-14,125
-12,483
-12,778
-7,468
-6,503
Profit After Tax
-372,125
961,425
282,355
264,259
51,166
-15,738
60,219
49,932
51,114
28,093
21,772
-18,069
-3,443
Dividends Paid
Retained Profit
-372,125
961,425
282,355
264,259
51,166
-15,738
60,219
49,932
51,114
28,093
21,772
-18,069
-3,443
Employee Costs
122,495
28,246
27,141
25,873
27,395
27,907
27,030
26,413
78,691
102,042
76,680
72,969
70,128
Number Of Employees
4
1
1
1
1
1
1
1
3
4
3
3
3
EBITDA*
-329,720
1,217,232
363,391
326,702
63,168
-15,738
74,344
62,369
65,815
37,491
29,168
-17,153
-2,666
* 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
127,405
64,787
25,117
17,223
1,255
2,658
2,434
6,782
8,871
4,128
5,192
4,768
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
127,405
64,787
25,117
17,223
1,255
2,658
2,434
6,782
8,871
4,128
5,192
4,768
Stock & work in progress
1,469,113
1,888,325
1,866,621
592,266
63,593
71,562
66,114
39,479
65,231
Trade Debtors
481,878
430,477
204,719
173,971
387,924
202,333
221,243
162,733
31,351
28,330
16,035
18,391
15,429
Group Debtors
Misc Debtors
186,360
76,000
18,899
20,977
Cash
182,116
124,628
31,796
204,938
37,019
29,417
34,643
33,802
25,574
misc current assets
total current assets
2,319,467
2,519,430
2,122,035
992,152
387,924
202,333
221,243
162,733
131,963
129,309
116,792
91,672
106,234
total assets
2,446,872
2,584,217
2,147,152
1,009,375
387,924
203,588
223,901
165,167
138,745
138,180
120,920
96,864
111,002
Bank overdraft
77,546
83,991
144,796
15,000
Bank loan
Trade Creditors
147,473
271,474
792,631
181,841
162,878
29,708
34,283
35,306
57,920
108,051
120,658
118,374
114,443
Group/Directors Accounts
88,556
163,068
253,567
45,261
other short term finances
hp & lease commitments
other current liabilities
740,386
292,643
84,054
142,868
total current liabilities
1,053,961
811,176
1,275,048
384,970
162,878
29,708
34,283
35,306
57,920
108,051
120,658
118,374
114,443
loans
27,546
95,572
3,334
hp & lease commitments
Accruals and Deferred Income
other liabilities
131,666
provisions
31,851
12,310
4,772
462
1,356
1,774
total long term liabilities
31,851
39,856
100,344
135,000
462
1,356
1,774
total liabilities
1,085,812
851,032
1,375,392
519,970
162,878
29,708
34,283
35,768
59,276
109,825
120,658
118,374
114,443
net assets
1,361,060
1,733,185
771,760
489,405
225,046
173,880
189,618
129,399
79,469
28,355
262
-21,510
-3,441
total shareholders funds
1,361,060
1,733,185
771,760
489,405
225,046
173,880
189,618
129,399
79,469
28,355
262
-21,510
-3,441
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
-369,541
1,200,923
356,375
326,702
63,168
-15,738
74,344
62,369
63,726
35,401
28,104
-18,217
-3,507
Depreciation
39,821
16,309
7,016
2,089
2,090
1,064
1,064
841
Amortisation
Tax
-225,519
-66,231
-61,987
-12,002
-14,125
-12,483
-12,778
-7,468
-6,503
Stock
-419,212
21,704
1,274,355
592,266
-63,593
-7,969
5,448
26,635
-25,752
65,231
Debtors
161,761
282,859
28,670
-192,976
185,591
-18,910
58,510
131,382
3,021
12,295
-2,356
2,962
15,429
Creditors
-124,001
-521,157
610,790
18,963
133,170
-4,575
-1,023
-22,614
-50,131
-12,607
2,284
3,931
114,443
Accruals and Deferred Income
447,743
208,589
-58,814
142,868
Deferred Taxes & Provisions
19,541
7,538
4,772
-462
-894
-418
1,774
Cash flow from operations
271,014
382,120
-449,117
27,256
-1,255
-1,403
224
-41,411
7,436
1,447
670
9,568
31,117
Investing Activities
capital expenditure
-102,439
-55,979
-14,910
-17,223
1,255
1,403
-224
4,348
-6,833
-1,488
-5,609
Change in Investments
cash flow from investments
-102,439
-55,979
-14,910
-17,223
1,255
1,403
-224
4,348
-6,833
-1,488
-5,609
Financing Activities
Bank loans
Group/Directors Accounts
-74,512
-90,499
208,306
45,261
Other Short Term Loans
Long term loans
-27,546
-68,026
92,238
3,334
Hire Purchase and Lease Commitments
other long term liabilities
-131,666
131,666
share issue
100
-2
2
interest
-2,584
-13,978
-7,788
-457
46
166
160
171
148
64
cash flow from financing
-104,642
-172,503
161,090
179,904
44
166
160
171
148
66
cash and cash equivalents
cash
57,488
92,832
-173,142
204,938
-37,019
7,602
-5,226
841
8,228
25,574
overdraft
-6,445
-60,805
129,796
15,000
change in cash
63,933
153,637
-302,938
189,938
-37,019
7,602
-5,226
841
8,228
25,574
j2 flooring 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 j2 flooring limited. Get real-time insights into j2 flooring limited's credit score, group structure and payment trends.
Perform a competitor analysis for j2 flooring limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in PR8 area or any other competitors across 12 key performance metrics.
j2 flooring limited Ownership
J2 FLOORING LIMITED group structure
J2 Flooring Limited has no subsidiary companies.
Ultimate parent company
J2 FLOORING LIMITED
03497184
J2 FLOORING LIMITED Shareholders
The largest shareholders in J2 Flooring Limited include Jenna Latham and Stephen George Latham.
jenna latham
50%
stephen george latham
48%
stephen latham
2%
j2 flooring limited directors
J2 Flooring Limited currently has 1 director, Mr Stephen Latham serving since Mar 2011.
47530 - Retail sale of carpets, rugs, wall and floor coverings in specialised stores
47910 - Retail sale via mail order houses or via Internet
incorporation date
January 1998
age
27
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
January 2024
previous names
re-caul (europe) limited (March 2011)
accountant
TOPPING & CO
auditor
-
address
22-24 hart street, southport, merseyside, PR8 6BT
Bank
-
Legal Advisor
-
j2 flooring 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 1 charges/mortgages relating to j2 flooring limited. Currently there are 1 open charges and 0 have been satisfied in the past.
j2 flooring 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.
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j2 flooring limitedCompanies House Filings - See Documents
