jets lettings and sales limited Company Information
Company Number
05978867
Next Accounts
Jan 2025
Industry
Management of real estate on a fee or contract basis
Shareholders
olivia wilson
Group Structure
View All
Contact
Registered Address
82 reddish road, stockport, cheshire, SK5 7QU
Website
www.jetsestates.co.ukjets lettings and sales limited Estimated Valuation
Pomanda estimates the enterprise value of JETS LETTINGS AND SALES LIMITED at £142.5k based on a Turnover of £109.6k and 1.3x industry multiple (adjusted for size and gross margin).
jets lettings and sales limited Estimated Valuation
Pomanda estimates the enterprise value of JETS LETTINGS AND SALES LIMITED at £0 based on an EBITDA of £-10.5k and a 4.56x industry multiple (adjusted for size and gross margin).
jets lettings and sales limited Estimated Valuation
Pomanda estimates the enterprise value of JETS LETTINGS AND SALES LIMITED at £0 based on Net Assets of £-10.2k and 1.62x industry multiple (adjusted for liquidity).
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Jets Lettings And Sales Limited Overview
Jets Lettings And Sales Limited is a live company located in cheshire, SK5 7QU with a Companies House number of 05978867. It operates in the management of real estate on a fee or contract basis sector, SIC Code 68320. Founded in October 2006, it's largest shareholder is olivia wilson with a 100% stake. Jets Lettings And Sales Limited is a established, micro sized company, Pomanda has estimated its turnover at £109.6k with declining growth in recent years.
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Jets Lettings And Sales Limited Health Check
Pomanda's financial health check has awarded Jets Lettings And Sales Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
8 Weak
Size
annual sales of £109.6k, make it smaller than the average company (£1.1m)
- Jets Lettings And Sales Limited
£1.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -27%, show it is growing at a slower rate (4.1%)
- Jets Lettings And Sales Limited
4.1% - Industry AVG
Production
with a gross margin of 12.7%, this company has a higher cost of product (46.5%)
- Jets Lettings And Sales Limited
46.5% - Industry AVG
Profitability
an operating margin of -9.6% make it less profitable than the average company (8.8%)
- Jets Lettings And Sales Limited
8.8% - Industry AVG
Employees
with 3 employees, this is below the industry average (11)
3 - Jets Lettings And Sales Limited
11 - Industry AVG
Pay Structure
on an average salary of £43.3k, the company has an equivalent pay structure (£43.3k)
- Jets Lettings And Sales Limited
£43.3k - Industry AVG
Efficiency
resulting in sales per employee of £36.5k, this is less efficient (£103.2k)
- Jets Lettings And Sales Limited
£103.2k - Industry AVG
Debtor Days
it gets paid by customers after 48 days, this is later than average (34 days)
- Jets Lettings And Sales Limited
34 days - Industry AVG
Creditor Days
its suppliers are paid after 211 days, this is slower than average (32 days)
- Jets Lettings And Sales Limited
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Jets Lettings And Sales Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Jets Lettings And Sales Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 115.4%, this is a higher level of debt than the average (80.2%)
115.4% - Jets Lettings And Sales Limited
80.2% - Industry AVG
JETS LETTINGS AND SALES LIMITED financials
Jets Lettings And Sales Limited's latest turnover from April 2023 is estimated at £109.6 thousand and the company has net assets of -£10.2 thousand. According to their latest financial statements, Jets Lettings And Sales Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 52,108 | 62,406 | ||||||||||||
Other Income Or Grants | ||||||||||||||
Cost Of Sales | ||||||||||||||
Gross Profit | ||||||||||||||
Admin Expenses | ||||||||||||||
Operating Profit | ||||||||||||||
Interest Payable | 0 | |||||||||||||
Interest Receivable | 0 | |||||||||||||
Pre-Tax Profit | 2,096 | |||||||||||||
Tax | 0 | |||||||||||||
Profit After Tax | 2,096 | |||||||||||||
Dividends Paid | 0 | |||||||||||||
Retained Profit | 2,096 | |||||||||||||
Employee Costs | ||||||||||||||
Number Of Employees | 3 | 2 | 3 | 3 | 5 | 4 | ||||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 51,280 | 67,909 | 80,041 | 94,361 | 72,325 | 12,844 | 17,125 | 21,664 | 636 | 848 | 1,131 | 1,508 | 2,010 | 2,680 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 51,280 | 67,909 | 80,041 | 94,361 | 72,325 | 12,844 | 17,125 | 21,664 | 636 | 848 | 1,131 | 1,508 | 2,010 | 2,680 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 14,693 | 92,560 | 88,127 | 76,184 | 61,031 | 60,981 | 0 | 0 | 3,218 | 2,745 | 1,745 | 1,966 | 1,088 | 0 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 3,674 | 2,625 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 0 | 0 | 0 | 0 | 0 | 0 | 58,879 | 48,831 | 45,332 | 44,275 | 43,189 | 45,229 | 100,585 | 75,228 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 14,693 | 92,560 | 88,127 | 76,184 | 61,031 | 60,981 | 62,553 | 51,456 | 48,550 | 47,020 | 44,934 | 47,195 | 101,673 | 75,228 |
total assets | 65,973 | 160,469 | 168,168 | 170,545 | 133,356 | 73,825 | 79,678 | 73,120 | 49,186 | 47,868 | 46,065 | 48,703 | 103,683 | 77,908 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 55,396 | 120,377 | 104,072 | 118,734 | 131,705 | 71,280 | 106,715 | 88,030 | 45,553 | 44,271 | 42,119 | 46,229 | 110,552 | 79,346 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4,988 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 55,396 | 120,377 | 104,072 | 118,734 | 131,705 | 71,280 | 106,715 | 88,030 | 45,553 | 44,271 | 42,119 | 46,229 | 110,552 | 84,334 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 960 | 760 | 1,200 | 11,100 | 1,100 | 1,200 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 19,802 | 38,992 | 59,230 | 36,106 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 20,762 | 39,752 | 60,430 | 47,206 | 1,100 | 1,200 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total liabilities | 76,158 | 160,129 | 164,502 | 165,940 | 132,805 | 72,480 | 106,715 | 88,030 | 45,553 | 44,271 | 42,119 | 46,229 | 110,552 | 84,334 |
net assets | -10,185 | 340 | 3,666 | 4,605 | 551 | 1,345 | -27,037 | -14,910 | 3,633 | 3,597 | 3,946 | 2,474 | -6,869 | -6,426 |
total shareholders funds | -10,185 | 340 | 3,666 | 4,605 | 551 | 1,345 | -27,037 | -14,910 | 3,633 | 3,597 | 3,946 | 2,474 | -6,869 | -6,426 |
Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||
Operating Profit | ||||||||||||||
Depreciation | 5,708 | 159 | 212 | 283 | 377 | 502 | 670 | 0 | ||||||
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
Tax | 0 | |||||||||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | -77,867 | 4,433 | 11,943 | 15,153 | 50 | 60,981 | 1,049 | -593 | 473 | 1,000 | -221 | 878 | 1,088 | 0 |
Creditors | -64,981 | 16,305 | -14,662 | -12,971 | 60,425 | 71,280 | 18,685 | 42,477 | 1,282 | 2,152 | -4,110 | -64,323 | 31,206 | 79,346 |
Accruals and Deferred Income | 200 | -440 | -9,900 | 10,000 | -100 | 1,200 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | ||||||||||||||
Financing Activities | ||||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -4,988 | 4,988 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | -19,190 | -20,238 | 23,124 | 36,106 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | ||||||||||||||
interest | 0 | |||||||||||||
cash flow from financing | -3,534 | |||||||||||||
cash and cash equivalents | ||||||||||||||
cash | 0 | 0 | 0 | 0 | 0 | 0 | 10,048 | 3,499 | 1,057 | 1,086 | -2,040 | -55,356 | 25,357 | 75,228 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 10,048 | 3,499 | 1,057 | 1,086 | -2,040 | -55,356 | 25,357 | 75,228 |
jets lettings and sales limited Credit Report and Business Information
Jets Lettings And Sales Limited Competitor Analysis
Perform a competitor analysis for jets lettings and sales limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in SK5 area or any other competitors across 12 key performance metrics.
jets lettings and sales limited Ownership
JETS LETTINGS AND SALES LIMITED group structure
Jets Lettings And Sales Limited has no subsidiary companies.
Ultimate parent company
JETS LETTINGS AND SALES LIMITED
05978867
jets lettings and sales limited directors
Jets Lettings And Sales Limited currently has 2 directors. The longest serving directors include Mrs Olivia Wilson (Oct 2006) and Mr Stephen Taylor (Sep 2018).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mrs Olivia Wilson | England | 40 years | Oct 2006 | - | Director |
Mr Stephen Taylor | England | 58 years | Sep 2018 | - | Director |
P&L
April 2023turnover
109.6k
-55%
operating profit
-10.5k
0%
gross margin
12.7%
+6.54%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
-10.2k
-30.96%
total assets
66k
-0.59%
cash
0
0%
net assets
Total assets minus all liabilities
jets lettings and sales limited company details
company number
05978867
Type
Private limited with Share Capital
industry
68320 - Management of real estate on a fee or contract basis
incorporation date
October 2006
age
18
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
April 2023
previous names
jet residential lettings limited (September 2018)
accountant
MONTAGUE KAYE
auditor
-
address
82 reddish road, stockport, cheshire, SK5 7QU
Bank
-
Legal Advisor
-
jets lettings and sales 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 jets lettings and sales limited.
jets lettings and sales limited Companies House Filings - See Documents
date | description | view/download |
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