Pomanda estimates the enterprise value of JUST GRANITE LTD at £1.3m based on a Turnover of £2m and 0.62x industry multiple (adjusted for size and gross margin).
just granite ltdEstimated Valuation
£728.4k
Pomanda estimates the enterprise value of JUST GRANITE LTD at £728.4k based on an EBITDA of £167.6k and a 4.35x industry multiple (adjusted for size and gross margin).
just granite ltdEstimated Valuation
£4.7m
Pomanda estimates the enterprise value of JUST GRANITE LTD at £4.7m based on Net Assets of £2.4m and 1.95x industry multiple (adjusted for liquidity).
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Just Granite LtdOverview
Just Granite Ltd is a live company located in penkridge, ST19 5RZ with a Companies House number of 04605978. It operates in the cutting, shaping and finishing of stone sector, SIC Code 23700. Founded in December 2002, it's largest shareholder is
just granite contracts limited
with a 100% stake. Just Granite Ltd is a mature,
small sized company, Pomanda has estimated its turnover at
£2m with
declining
growth in recent years.
Pomanda's financial health check has awarded Just Granite Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating4out of 5
4 Strong
3 Regular
5 Weak
Size
annual sales of £2m, make it larger than the average company (£1.5m)
£2m - Just Granite Ltd
£1.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (6.8%)
-3% - Just Granite Ltd
6.8% - Industry AVG
Production
with a gross margin of 41.9%, this company has a comparable cost of product (41.9%)
41.9% - Just Granite Ltd
41.9% - Industry AVG
Profitability
an operating margin of 4.7% make it less profitable than the average company (7.9%)
4.7% - Just Granite Ltd
7.9% - Industry AVG
Employees
with 28 employees, this is below the industry average (37)
28 - Just Granite Ltd
37 - Industry AVG
Pay Structure
on an average salary of £34.1k, the company has an equivalent pay structure (£34.1k)
£34.1k - Just Granite Ltd
£34.1k - Industry AVG
Efficiency
resulting in sales per employee of £71.7k, this is less efficient (£116.4k)
£71.7k - Just Granite Ltd
£116.4k - Industry AVG
Debtor Days
it gets paid by customers after 45 days, this is near the average (50 days)
45 days - Just Granite Ltd
50 days - Industry AVG
Creditor Days
its suppliers are paid after 80 days, this is slower than average (34 days)
80 days - Just Granite Ltd
34 days - Industry AVG
Stock Days
it holds stock equivalent to 48 days, this is more than average (38 days)
48 days - Just Granite Ltd
38 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 98 weeks, this is more cash available to meet short term requirements (13 weeks)
98 weeks - Just Granite Ltd
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 19.6%, this is a lower level of debt than the average (48.8%)
19.6% - Just Granite Ltd
48.8% - Industry AVG
JUST GRANITE LTD financials
EXPORT
Just Granite Ltd's latest turnover from November 2023 is estimated at £2 million and the company has net assets of £2.4 million. According to their latest financial statements, Just Granite Ltd has 28 employees and maintains cash reserves of £928.1 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Nov 2023
Nov 2022
Nov 2021
Nov 2020
Nov 2019
Nov 2018
Nov 2017
Nov 2016
Nov 2015
Nov 2014
Nov 2013
Nov 2012
Nov 2011
Nov 2010
Nov 2009
Turnover
2,008,104
2,357,192
2,103,975
2,225,060
2,962,689
2,634,029
2,636,532
2,968,422
3,839,887
3,343,780
4,115,031
4,473,030
3,793,578
2,638,284
Other Income Or Grants
Cost Of Sales
1,166,066
1,211,061
1,500,528
1,157,347
1,484,003
1,399,015
1,419,499
1,607,298
2,151,923
1,835,528
2,429,725
2,437,529
2,105,481
1,469,416
Gross Profit
842,038
1,146,131
603,447
1,067,712
1,478,686
1,235,014
1,217,032
1,361,124
1,687,964
1,508,252
1,685,306
2,035,501
1,688,097
1,168,867
Admin Expenses
747,541
1,026,451
530,831
852,305
1,324,915
817,861
1,078,723
1,061,438
1,469,053
1,286,102
1,500,636
1,899,531
1,630,525
1,171,551
-623,531
Operating Profit
94,497
119,680
72,616
215,407
153,771
417,153
138,309
299,686
218,911
222,150
184,670
135,970
57,572
-2,684
623,531
Interest Payable
Interest Receivable
43,752
29,606
1,110
892
5,568
6,416
3,806
955
1,777
2,361
2,397
1,785
1,230
1,142
553
Pre-Tax Profit
138,249
149,285
73,726
216,299
159,338
423,569
142,115
300,641
220,688
224,511
187,068
137,755
58,801
-1,542
624,085
Tax
-34,562
-28,364
-14,008
-41,097
-30,274
-80,478
-27,002
-60,128
-44,137
-47,147
-43,026
-33,061
-15,288
-174,744
Profit After Tax
103,687
120,921
59,718
175,202
129,064
343,091
115,113
240,513
176,550
177,364
144,042
104,694
43,513
-1,542
449,341
Dividends Paid
Retained Profit
103,687
120,921
59,718
175,202
129,064
343,091
115,113
240,513
176,550
177,364
144,042
104,694
43,513
-1,542
449,341
Employee Costs
956,163
774,863
675,220
864,447
1,054,148
1,215,894
876,438
487,858
525,038
775,538
929,919
1,510,550
766,625
1,008,884
Number Of Employees
28
27
26
29
30
30
30
15
16
30
36
46
22
33
EBITDA*
167,583
188,942
144,513
288,902
244,421
490,966
197,596
364,562
270,915
271,090
241,181
198,674
114,991
42,752
678,765
* Earnings Before Interest, Tax, Depreciation and Amortisation
Nov 2023
Nov 2022
Nov 2021
Nov 2020
Nov 2019
Nov 2018
Nov 2017
Nov 2016
Nov 2015
Nov 2014
Nov 2013
Nov 2012
Nov 2011
Nov 2010
Nov 2009
Tangible Assets
863,689
857,726
385,541
391,024
436,465
532,009
288,737
554,199
524,790
467,001
515,941
344,407
323,239
341,338
284,827
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
482,359
482,359
482,359
482,359
482,359
482,359
97,850
84,964
91,000
Total Fixed Assets
1,346,048
1,340,085
867,900
873,383
918,824
1,014,368
386,587
639,163
615,790
467,001
515,941
344,407
323,239
341,338
284,827
Stock & work in progress
153,712
156,342
151,478
159,763
148,486
150,282
150,154
149,528
107,593
104,359
33,219
28,762
29,652
34,642
28,296
Trade Debtors
249,185
379,771
366,595
376,167
397,485
421,444
397,512
493,381
615,923
497,359
343,979
399,163
447,911
322,620
354,630
Group Debtors
246,000
246,000
246,000
246,000
246,000
246,000
246,000
246,000
Misc Debtors
37,375
4,293
4,947
2,842
2,598
1,352
3,359
1,724
Cash
928,060
738,680
1,235,031
984,133
799,361
685,316
1,025,743
496,529
267,343
443,375
501,144
457,821
256,322
235,526
221,292
misc current assets
50,000
50,000
50,000
total current assets
1,614,332
1,525,086
2,004,051
1,768,905
1,593,930
1,504,394
1,822,768
1,387,162
990,859
1,045,093
878,342
885,746
783,885
642,788
654,218
total assets
2,960,380
2,865,171
2,871,951
2,642,288
2,512,754
2,518,762
2,209,355
2,026,325
1,606,649
1,512,094
1,394,283
1,230,153
1,107,124
984,126
939,045
Bank overdraft
Bank loan
Trade Creditors
256,117
364,590
500,865
217,508
237,222
301,162
446,080
392,633
447,095
507,453
504,227
558,113
526,079
436,454
433,063
Group/Directors Accounts
other short term finances
hp & lease commitments
50,000
66,667
66,667
17,601
44,331
other current liabilities
231,554
158,039
143,285
210,179
164,497
153,401
224,943
180,636
total current liabilities
487,671
522,629
644,150
477,687
468,386
521,230
688,624
617,600
447,095
507,453
504,227
558,113
526,079
436,454
433,063
loans
hp & lease commitments
50,000
116,667
12,500
Accruals and Deferred Income
other liabilities
18,498
52,032
106,329
25,978
37,158
59,167
29,078
provisions
91,338
64,858
71,038
67,556
72,525
88,086
71,043
61,650
46,994
35,097
43,579
49,956
52,475
40,606
27,463
total long term liabilities
91,338
64,858
71,038
67,556
122,525
204,753
71,043
74,150
65,492
87,129
149,908
75,934
89,633
99,773
56,541
total liabilities
579,009
587,487
715,188
545,243
590,911
725,983
759,667
691,750
512,587
594,582
654,135
634,047
615,712
536,227
489,604
net assets
2,381,371
2,277,684
2,156,763
2,097,045
1,921,843
1,792,779
1,449,688
1,334,575
1,094,062
917,512
740,148
596,106
491,412
447,899
449,441
total shareholders funds
2,381,371
2,277,684
2,156,763
2,097,045
1,921,843
1,792,779
1,449,688
1,334,575
1,094,062
917,512
740,148
596,106
491,412
447,899
449,441
Nov 2023
Nov 2022
Nov 2021
Nov 2020
Nov 2019
Nov 2018
Nov 2017
Nov 2016
Nov 2015
Nov 2014
Nov 2013
Nov 2012
Nov 2011
Nov 2010
Nov 2009
Operating Activities
Operating Profit
94,497
119,680
72,616
215,407
153,771
417,153
138,309
299,686
218,911
222,150
184,670
135,970
57,572
-2,684
623,531
Depreciation
73,086
69,262
71,897
73,495
90,650
73,813
59,287
64,876
52,004
48,940
56,511
62,704
57,419
45,436
55,234
Amortisation
Tax
-34,562
-28,364
-14,008
-41,097
-30,274
-80,478
-27,002
-60,128
-44,137
-47,147
-43,026
-33,061
-15,288
-174,744
Stock
-2,630
4,864
-8,285
11,277
-1,796
128
626
41,935
3,234
71,140
4,457
-890
-4,990
6,346
28,296
Debtors
-97,504
12,522
-7,467
-21,074
-22,713
406,434
-81,348
119,146
209,564
153,380
-55,184
-48,748
125,291
-32,010
354,630
Creditors
-108,473
-136,275
283,357
-19,714
-63,940
-144,918
53,447
-54,462
-60,358
3,226
-53,886
32,034
89,625
3,391
433,063
Accruals and Deferred Income
73,515
14,754
-66,894
45,682
11,096
-71,542
44,307
180,636
Deferred Taxes & Provisions
26,480
-6,180
3,482
-4,969
-15,561
17,043
9,393
14,656
11,897
-8,482
-6,377
-2,519
11,869
13,143
27,463
Cash flow from operations
224,677
15,491
366,202
278,601
170,251
-195,491
358,463
284,183
-34,481
-5,833
188,619
244,766
80,896
84,950
581,621
Investing Activities
capital expenditure
-79,049
-541,447
-66,414
-28,054
4,894
-317,085
206,175
-94,285
-109,793
-228,045
-83,872
-39,320
-101,947
-340,061
Change in Investments
cash flow from investments
-79,049
-541,447
-66,414
-28,054
4,894
-317,085
206,175
-94,285
-109,793
-228,045
-83,872
-39,320
-101,947
-340,061
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
-50,000
-66,667
-66,667
165,733
-39,230
56,831
other long term liabilities
-18,498
-33,534
-54,297
80,351
-11,180
-22,009
30,089
29,078
share issue
100
interest
43,752
29,606
1,110
892
5,568
6,416
3,806
955
1,777
2,361
2,397
1,785
1,230
1,142
553
cash flow from financing
43,752
29,606
-48,890
-65,775
-61,099
172,149
-35,424
39,288
-31,757
-51,936
82,748
-9,395
-20,779
31,231
29,731
cash and cash equivalents
cash
189,380
-496,351
250,898
184,772
114,045
-340,427
529,214
229,186
-176,032
-57,769
43,323
201,499
20,796
14,234
221,292
overdraft
change in cash
189,380
-496,351
250,898
184,772
114,045
-340,427
529,214
229,186
-176,032
-57,769
43,323
201,499
20,796
14,234
221,292
just granite ltd 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 just granite ltd. Get real-time insights into just granite ltd's credit score, group structure and payment trends.
Perform a competitor analysis for just granite ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in ST19 area or any other competitors across 12 key performance metrics.
just granite ltd Ownership
JUST GRANITE LTD group structure
Just Granite Ltd has no subsidiary companies.
Ultimate parent company
JUST GRANITE LTD
04605978
JUST GRANITE LTD Shareholders
The sole shareholder of Just Granite Ltd is Just Granite Contracts Limited.
just granite contracts limited
100%
just granite ltd directors
Just Granite Ltd currently has 2 directors.
The longest serving directors include
Mr Matthew Allen (Jun 2021) and
Mr Ian Whitfield (Sep 2022).
the stoneworks, pillaton hall farm pillaton, penkridge, staffordshire, ST19 5RZ
Bank
-
Legal Advisor
-
just granite 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 just granite ltd. Currently there are 0 open charges and 2 have been satisfied in the past.
just granite ltd 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 JUST GRANITE LTD. This can take several minutes, an email will notify you when this has completed.
just granite ltdCompanies House Filings - See Documents
