john grimes partnership limitedEstimated Valuation
£893.7k
Pomanda estimates the enterprise value of JOHN GRIMES PARTNERSHIP LIMITED at £893.7k based on a Turnover of £3.3m and 0.27x industry multiple (adjusted for size and gross margin).
john grimes partnership limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of JOHN GRIMES PARTNERSHIP LIMITED at £0 based on an EBITDA of £-48.8k and a 3.24x industry multiple (adjusted for size and gross margin).
john grimes partnership limitedEstimated Valuation
£1.1m
Pomanda estimates the enterprise value of JOHN GRIMES PARTNERSHIP LIMITED at £1.1m based on Net Assets of £545.4k and 1.94x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
John Grimes Partnership LimitedOverview
John Grimes Partnership Limited is a live company located in ivybridge, PL21 0RU with a Companies House number of 04184549. It operates in the construction of other civil engineering projects n.e.c. sector, SIC Code 42990. Founded in March 2001, it's largest shareholder is
john norman grimes
with a 52% stake. John Grimes Partnership Limited is a mature,
small sized company, Pomanda has estimated its turnover at
£3.3m with
healthy
growth in recent years.
Pomanda's financial health check has awarded John Grimes Partnership 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 £3.3m, make it smaller than the average company (£14.2m)
£3.3m - John Grimes Partnership Limited
£14.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a similar rate (10%)
9% - John Grimes Partnership Limited
10% - Industry AVG
Production
with a gross margin of 18.9%, this company has a comparable cost of product (18.9%)
18.9% - John Grimes Partnership Limited
18.9% - Industry AVG
Profitability
an operating margin of -1.8% make it less profitable than the average company (5.9%)
-1.8% - John Grimes Partnership Limited
5.9% - Industry AVG
Employees
with 33 employees, this is below the industry average (52)
33 - John Grimes Partnership Limited
52 - Industry AVG
Pay Structure
on an average salary of £51.9k, the company has an equivalent pay structure (£51.9k)
£51.9k - John Grimes Partnership Limited
£51.9k - Industry AVG
Efficiency
resulting in sales per employee of £98.5k, this is less efficient (£254.6k)
£98.5k - John Grimes Partnership Limited
£254.6k - Industry AVG
Debtor Days
it gets paid by customers after 29 days, this is earlier than average (53 days)
29 days - John Grimes Partnership Limited
53 days - Industry AVG
Creditor Days
its suppliers are paid after 7 days, this is quicker than average (36 days)
7 days - John Grimes Partnership Limited
36 days - Industry AVG
Stock Days
it holds stock equivalent to 19 days, this is more than average (6 days)
19 days - John Grimes Partnership Limited
6 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 70 weeks, this is more cash available to meet short term requirements (19 weeks)
70 weeks - John Grimes Partnership Limited
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 33.5%, this is a lower level of debt than the average (59.4%)
33.5% - John Grimes Partnership Limited
59.4% - Industry AVG
JOHN GRIMES PARTNERSHIP LIMITED financials
EXPORT
John Grimes Partnership Limited's latest turnover from March 2024 is estimated at £3.3 million and the company has net assets of £545.4 thousand. According to their latest financial statements, John Grimes Partnership Limited has 33 employees and maintains cash reserves of £278.4 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Turnover
3,251,158
3,091,677
2,832,289
2,477,776
2,842,940
3,079,036
2,741,967
2,364,888
2,389,165
1,602,796
2,344,772
1,929,982
1,917,958
3,268,307
2,214,353
Other Income Or Grants
Cost Of Sales
2,636,116
2,565,575
2,364,048
2,071,251
2,337,294
2,526,877
2,200,499
1,887,439
1,916,393
1,300,269
1,915,994
1,522,530
1,506,910
2,528,907
1,684,991
Gross Profit
615,043
526,102
468,241
406,525
505,647
552,159
541,468
477,449
472,772
302,527
428,779
407,452
411,049
739,400
529,362
Admin Expenses
674,147
515,233
435,363
396,746
491,724
535,090
560,544
450,954
322,647
691,441
518,903
470,999
318,325
632,554
-600,090
Operating Profit
-59,104
10,869
32,878
9,779
13,923
17,069
-19,076
26,495
150,125
-388,914
-90,124
-63,547
92,724
106,846
1,129,452
Interest Payable
15,469
19,219
15,609
7,625
Interest Receivable
17,494
17,854
3,751
382
162
1,002
761
319
562
879
1,708
2,191
1,731
1,551
893
Pre-Tax Profit
-57,079
9,504
21,020
2,536
14,085
18,072
-18,315
26,814
150,686
-388,035
-88,416
-61,356
94,455
108,397
1,130,344
Tax
-1,806
-3,994
-482
-2,676
-3,434
-5,363
-30,137
-24,558
-30,351
-316,496
Profit After Tax
-57,079
7,698
17,026
2,054
11,409
14,638
-18,315
21,451
120,549
-388,035
-88,416
-61,356
69,897
78,046
813,848
Dividends Paid
Retained Profit
-57,079
7,698
17,026
2,054
11,409
14,638
-18,315
21,451
120,549
-388,035
-88,416
-61,356
69,897
78,046
813,848
Employee Costs
1,711,514
1,705,237
1,572,911
1,585,952
1,563,740
1,498,164
1,432,358
1,209,216
1,153,792
334,686
510,710
422,486
485,408
842,308
622,728
Number Of Employees
33
35
34
35
35
35
34
31
30
9
14
12
14
25
18
EBITDA*
-48,773
20,790
44,573
22,957
29,479
35,473
6,746
82,823
186,866
-348,128
21,888
-32,574
115,979
129,632
1,154,988
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Tangible Assets
30,954
29,741
35,065
39,536
46,669
52,768
68,201
89,613
104,249
114,393
113,352
102,458
85,959
71,947
81,882
Intangible Assets
1,322
4,479
5,972
7,963
10,617
8,036
2,000
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
30,954
29,741
35,065
39,536
46,669
52,768
69,523
94,092
110,221
122,356
123,969
110,494
85,959
71,947
83,882
Stock & work in progress
140,000
155,095
159,642
171,341
158,386
227,900
209,856
163,643
144,942
Trade Debtors
265,488
258,961
234,849
176,733
295,964
319,949
239,597
250,872
290,256
358,446
597,335
454,622
508,500
768,525
512,908
Group Debtors
Misc Debtors
105,261
88,684
89,295
126,921
61,855
44,884
26,321
25,104
5,836
Cash
278,380
388,061
452,104
548,088
215,882
108,661
158,585
145,927
109,049
115,602
235,849
447,506
429,086
263,419
357,070
misc current assets
2
total current assets
789,129
890,801
935,890
1,023,083
732,087
701,394
634,359
585,548
550,083
474,048
833,184
902,128
937,586
1,031,944
869,978
total assets
820,083
920,542
970,955
1,062,619
778,756
754,162
703,882
679,640
660,304
596,404
957,153
1,012,622
1,023,545
1,103,891
953,860
Bank overdraft
50,000
50,000
45,000
3,916
Bank loan
Trade Creditors
51,095
33,824
36,391
27,249
62,816
47,278
27,354
16,292
16,304
161,753
128,379
98,421
45,921
207,074
135,260
Group/Directors Accounts
33,238
other short term finances
hp & lease commitments
other current liabilities
105,370
117,776
122,898
202,498
133,994
137,104
118,413
95,364
64,229
total current liabilities
206,465
201,600
204,289
233,663
196,810
184,382
145,767
111,656
113,771
161,753
128,379
98,421
45,921
207,074
135,260
loans
62,500
112,500
167,500
246,084
hp & lease commitments
Accruals and Deferred Income
6,338
6,338
10,000
other liabilities
provisions
5,703
3,948
4,370
4,602
5,730
4,973
7,946
10,317
10,317
7,328
5,733
4,823
4,652
total long term liabilities
68,203
116,448
171,870
250,686
5,730
4,973
7,946
10,317
16,655
13,666
15,733
4,823
4,652
total liabilities
274,668
318,048
376,159
484,349
202,540
189,355
153,713
111,656
113,771
172,070
145,034
112,087
61,654
211,897
139,912
net assets
545,415
602,494
594,796
578,270
576,216
564,807
550,169
567,984
546,533
424,334
812,119
900,535
961,891
891,994
813,948
total shareholders funds
545,415
602,494
594,796
578,270
576,216
564,807
550,169
567,984
546,533
424,334
812,119
900,535
961,891
891,994
813,948
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Operating Activities
Operating Profit
-59,104
10,869
32,878
9,779
13,923
17,069
-19,076
26,495
150,125
-388,914
-90,124
-63,547
92,724
106,846
1,129,452
Depreciation
10,331
9,921
11,695
13,178
15,556
17,082
22,665
28,164
34,750
38,132
108,855
28,964
23,255
20,786
23,536
Amortisation
1,322
3,157
28,164
1,991
2,654
3,157
2,009
2,000
2,000
Tax
-1,806
-3,994
-482
-2,676
-3,434
-5,363
-30,137
-24,558
-30,351
-316,496
Stock
-15,095
-4,547
-11,699
12,955
-69,514
18,044
46,213
18,701
144,942
Debtors
23,104
23,501
20,490
-54,165
-7,014
98,915
-10,058
-20,116
-62,354
-238,889
142,713
-53,878
-260,025
255,617
512,908
Creditors
17,271
-2,567
9,142
-35,567
15,538
19,924
11,062
-12
-145,449
33,374
29,958
52,500
-161,153
71,814
135,260
Accruals and Deferred Income
-12,406
-5,122
-79,600
68,504
-3,110
18,691
23,049
31,135
64,229
-6,338
-3,662
10,000
Deferred Taxes & Provisions
1,755
-422
-232
-1,128
757
-2,973
7,946
-10,317
2,989
1,595
910
171
4,652
Cash flow from operations
-50,162
-8,081
-38,902
95,494
116,516
-49,278
12,648
109,998
-17,396
-82,203
-87,878
71,737
201,203
-84,351
465,496
Investing Activities
capital expenditure
-11,544
-4,597
-7,224
-6,045
-9,457
-1,649
-1,253
-40,199
-24,606
-39,173
-125,487
-55,508
-37,267
-10,851
-109,418
Change in Investments
cash flow from investments
-11,544
-4,597
-7,224
-6,045
-9,457
-1,649
-1,253
-40,199
-24,606
-39,173
-125,487
-55,508
-37,267
-10,851
-109,418
Financing Activities
Bank loans
Group/Directors Accounts
-33,238
33,238
Other Short Term Loans
Long term loans
-50,000
-55,000
-78,584
246,084
Hire Purchase and Lease Commitments
other long term liabilities
share issue
-500
500
1,650
250
100
interest
2,025
-1,365
-11,858
-7,243
162
1,002
761
319
562
879
1,708
2,191
1,731
1,551
893
cash flow from financing
-47,975
-56,365
-90,942
238,841
162
1,002
1,261
-32,919
35,450
1,129
1,708
2,191
1,731
1,551
993
cash and cash equivalents
cash
-109,681
-64,043
-95,984
332,206
107,221
-49,924
12,658
36,878
-6,553
-120,247
-211,657
18,420
165,667
-93,651
357,070
overdraft
5,000
41,084
3,916
change in cash
-109,681
-69,043
-137,068
328,290
107,221
-49,924
12,658
36,878
-6,553
-120,247
-211,657
18,420
165,667
-93,651
357,070
john grimes partnership 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 john grimes partnership limited. Get real-time insights into john grimes partnership limited's credit score, group structure and payment trends.
John Grimes Partnership Limited Competitor Analysis
Perform a competitor analysis for john grimes partnership limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in PL21 area or any other competitors across 12 key performance metrics.
john grimes partnership limited Ownership
JOHN GRIMES PARTNERSHIP LIMITED group structure
John Grimes Partnership Limited has no subsidiary companies.
Ultimate parent company
JOHN GRIMES PARTNERSHIP LIMITED
04184549
JOHN GRIMES PARTNERSHIP LIMITED Shareholders
The largest shareholders in John Grimes Partnership Limited include John Norman Grimes and Matthew Owen.
john norman grimes
52%
matthew owen
24%
tim grimes
24%
john grimes partnership limited directors
John Grimes Partnership Limited currently has 2 directors.
The longest serving directors include
Mr Matthew Owen (Jul 2020) and
Mr Tim Grimes (Jul 2020).
42990 - Construction of other civil engineering projects n.e.c.
incorporation date
March 2001
age
24
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
j. grimes partnership limited (May 2001)
prime networks limited (March 2001)
accountant
WESTCOTTS
auditor
-
address
the barns, leonards road, ivybridge, devon, PL21 0RU
Bank
-
Legal Advisor
-
john grimes partnership 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 john grimes partnership limited. Currently there are 1 open charges and 0 have been satisfied in the past.
john grimes partnership 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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john grimes partnership limitedCompanies House Filings - See Documents
