jet accountancy limited
jet accountancy limited Company Information
Company Number
05156036
Next Accounts
Dec 2024
Industry
Bookkeeping activities
Shareholders
ernest basil kwakye
Group Structure
View All
Contact
Registered Address
214 ridley road, daltson, london, ridley road, london, E8 2NH
Website
jetaccountancy.co.ukjet accountancy limited Estimated Valuation
Pomanda estimates the enterprise value of JET ACCOUNTANCY LIMITED at £4 based on a Turnover of £9 and 0.5x industry multiple (adjusted for size and gross margin).
jet accountancy limited Estimated Valuation
Pomanda estimates the enterprise value of JET ACCOUNTANCY LIMITED at £9 based on an EBITDA of £3 and a 2.65x industry multiple (adjusted for size and gross margin).
jet accountancy limited Estimated Valuation
Pomanda estimates the enterprise value of JET ACCOUNTANCY LIMITED at £11 based on Net Assets of £3 and 3.68x industry multiple (adjusted for liquidity).
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Jet Accountancy Limited Overview
Jet Accountancy Limited is a dissolved company that was located in london, E8 2NH with a Companies House number of 05156036. It operated in the bookkeeping activities sector, SIC Code 69202. Founded in June 2004, it's largest shareholder was ernest basil kwakye with a 100% stake. The last turnover for Jet Accountancy Limited was estimated at £9.1.
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Jet Accountancy Limited Health Check
Pomanda's financial health check has awarded Jet Accountancy Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
6 Weak
Size
annual sales of £9.1, make it smaller than the average company (£77.4k)
- Jet Accountancy Limited
£77.4k - Industry AVG
Growth
3 year (CAGR) sales growth of -23%, show it is growing at a slower rate (9.2%)
- Jet Accountancy Limited
9.2% - Industry AVG
Production
with a gross margin of 58.2%, this company has a higher cost of product (93.6%)
- Jet Accountancy Limited
93.6% - Industry AVG
Profitability
an operating margin of 41.3% make it more profitable than the average company (22.9%)
- Jet Accountancy Limited
22.9% - Industry AVG
Employees
with 1 employees, this is below the industry average (8)
- Jet Accountancy Limited
8 - Industry AVG
Pay Structure
on an average salary of £23.4k, the company has an equivalent pay structure (£23.4k)
- Jet Accountancy Limited
£23.4k - Industry AVG
Efficiency
resulting in sales per employee of £9.1, this is less efficient (£38.9k)
- Jet Accountancy Limited
£38.9k - Industry AVG
Debtor Days
it gets paid by customers after 80 days, this is later than average (44 days)
- Jet Accountancy Limited
44 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Jet Accountancy Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Jet Accountancy Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Jet Accountancy Limited
- - Industry AVG
Debt Level
There is insufficient data available for this Key Performance Indicator!
- - Jet Accountancy Limited
- - Industry AVG
JET ACCOUNTANCY LIMITED financials
Jet Accountancy Limited's latest turnover from June 2016 is estimated at £9 and the company has net assets of £3. According to their latest financial statements, we estimate that Jet Accountancy Limited has 1 employee and maintains cash reserves of £1 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|
| Turnover | 3,650 | 7,280 | |||||
| Other Income Or Grants | 0 | 0 | |||||
| Cost Of Sales | 0 | 0 | |||||
| Gross Profit | 3,650 | 7,280 | |||||
| Admin Expenses | |||||||
| Operating Profit | |||||||
| Interest Payable | 0 | 0 | |||||
| Interest Receivable | 0 | 0 | |||||
| Pre-Tax Profit | -9,114 | -4,361 | |||||
| Tax | 0 | 0 | |||||
| Profit After Tax | -9,114 | -4,361 | |||||
| Dividends Paid | 0 | 0 | |||||
| Retained Profit | -9,114 | -4,361 | |||||
| Employee Costs | 1,550 | ||||||
| Number Of Employees | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 252 | 504 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 252 | 504 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 2 | 6 | 5 | 4 | 5 | 6,008 | 10,050 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 1 | 0 | 0 | 1 | 1 | 2,005 | 1,120 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 3 | 6 | 5 | 5 | 6 | 8,013 | 11,170 |
| total assets | 3 | 6 | 5 | 5 | 6 | 8,265 | 11,674 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| net assets | 3 | 6 | 5 | 5 | 6 | 8,265 | 11,674 |
| total shareholders funds | 3 | 6 | 5 | 5 | 6 | 8,265 | 11,674 |
| Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 0 | 0 | 0 | 0 | 252 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | |||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -4 | 1 | 1 | -1 | -6,003 | -4,042 | 10,050 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||
| interest | 0 | 0 | |||||
| cash flow from financing | 5,705 | 16,035 | |||||
| cash and cash equivalents | |||||||
| cash | 1 | 0 | -1 | 0 | -2,004 | 885 | 1,120 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 1 | 0 | -1 | 0 | -2,004 | 885 | 1,120 |
jet accountancy limited Credit Report and Business Information
Jet Accountancy Limited Competitor Analysis
Perform a competitor analysis for jet accountancy limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other undefined companies, companies in E 8 area or any other competitors across 12 key performance metrics.
jet accountancy limited Ownership
JET ACCOUNTANCY LIMITED group structure
Jet Accountancy Limited has no subsidiary companies.
Ultimate parent company
JET ACCOUNTANCY LIMITED
05156036
jet accountancy limited directors
Jet Accountancy Limited currently has 2 directors. The longest serving directors include Mr Ernest Kwakye (May 2006) and Mr Edward Bayorson (Feb 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ernest Kwakye | United Kingdom | 68 years | May 2006 | - | Director |
| Mr Edward Bayorson | United Kingdom | 58 years | Feb 2016 | - | Director |
P&L
June 2016turnover
9.1
-67%
operating profit
3.8
0%
gross margin
58.3%
-9.05%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2016net assets
3
-0.5%
total assets
3
-0.5%
cash
1
0%
net assets
Total assets minus all liabilities
jet accountancy limited company details
company number
05156036
Type
Private limited with Share Capital
industry
69202 - Bookkeeping activities
incorporation date
June 2004
age
20
incorporated
UK
ultimate parent company
accounts
Total Exemption Small
last accounts submitted
June 2016
previous names
N/A
accountant
-
auditor
-
address
214 ridley road, daltson, london, ridley road, london, E8 2NH
Bank
-
Legal Advisor
-
jet accountancy 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 jet accountancy limited.
jet accountancy 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 JET ACCOUNTANCY LIMITED. This can take several minutes, an email will notify you when this has completed.
jet accountancy limited Companies House Filings - See Documents
| date | description | view/download |
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