jets lettings and sales limited

jets lettings and sales limited Company Information

Share JETS LETTINGS AND SALES LIMITED
Live 
EstablishedMicroDeclining

Company Number

05978867

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

jets lettings and sales limited Estimated Valuation

£142.5k

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

£0

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

£0

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

Health Check Image
Health Rating1out of 5
positive_score

1 Strong

positive_score

1 Regular

positive_score

8 Weak

size

Size

annual sales of £109.6k, make it smaller than the average company (£1.1m)

£109.6k - Jets Lettings And Sales Limited

£1.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -27%, show it is growing at a slower rate (4.1%)

-27% - Jets Lettings And Sales Limited

4.1% - Industry AVG

production

Production

with a gross margin of 12.7%, this company has a higher cost of product (46.5%)

12.7% - Jets Lettings And Sales Limited

46.5% - Industry AVG

profitability

Profitability

an operating margin of -9.6% make it less profitable than the average company (8.8%)

-9.6% - Jets Lettings And Sales Limited

8.8% - Industry AVG

employees

Employees

with 3 employees, this is below the industry average (11)

3 - Jets Lettings And Sales Limited

11 - Industry AVG

paystructure

Pay Structure

on an average salary of £43.3k, the company has an equivalent pay structure (£43.3k)

£43.3k - Jets Lettings And Sales Limited

£43.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £36.5k, this is less efficient (£103.2k)

£36.5k - Jets Lettings And Sales Limited

£103.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 48 days, this is later than average (34 days)

48 days - Jets Lettings And Sales Limited

34 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 211 days, this is slower than average (32 days)

211 days - Jets Lettings And Sales Limited

32 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Jets Lettings And Sales Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Jets Lettings And Sales Limited

- - Industry AVG

debtlevel

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

EXPORTms excel logo

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 HousePomanda Estimates

Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Turnover109,607242,062266,618282,612278,429212,998194,969219,84056,22661,63655,02452,10897,39162,406
Other Income Or Grants00000000000000
Cost Of Sales95,701213,235243,952251,234245,767184,387165,191186,88649,73654,48548,86246,68487,1070
Gross Profit13,90628,82622,66631,37832,66228,61029,77832,9546,4907,1526,1625,42410,2840
Admin Expenses24,43132,15223,60526,37333,45626,95042,04051,7326,6687,8194,446-6,83711,167-2,723
Operating Profit-10,525-3,326-9395,005-7941,660-12,262-18,778-178-6671,71612,261-8832,723
Interest Payable00000000000000
Interest Receivable0000001352352242192213654400
Pre-Tax Profit-10,525-3,326-9395,005-7941,660-12,127-18,54346-4481,93712,626-4432,096
Tax000-9510-31500-100-465-3,28300
Profit After Tax-10,525-3,326-9394,054-7941,345-12,127-18,54336-4481,4729,343-4432,096
Dividends Paid00000000000000
Retained Profit-10,525-3,326-9394,054-7941,345-12,127-18,54336-4481,4729,343-4432,096
Employee Costs129,96981,081113,460109,852183,338137,51335,83034,38533,72433,04133,00733,58434,5970
Number Of Employees32335411111110
EBITDA*-10,525-3,326-9395,005-7941,660-6,554-18,61934-3842,09312,763-2132,723

* Earnings Before Interest, Tax, Depreciation and Amortisation

Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Tangible Assets51,28067,90980,04194,36172,32512,84417,12521,6646368481,1311,5082,0102,680
Intangible Assets00000000000000
Investments & Other00000000000000
Debtors (Due After 1 year)00000000000000
Total Fixed Assets51,28067,90980,04194,36172,32512,84417,12521,6646368481,1311,5082,0102,680
Stock & work in progress00000000000000
Trade Debtors14,69392,56088,12776,18461,03160,981003,2182,7451,7451,9661,0880
Group Debtors00000000000000
Misc Debtors0000003,6742,625000000
Cash00000058,87948,83145,33244,27543,18945,229100,58575,228
misc current assets00000000000000
total current assets14,69392,56088,12776,18461,03160,98162,55351,45648,55047,02044,93447,195101,67375,228
total assets65,973160,469168,168170,545133,35673,82579,67873,12049,18647,86846,06548,703103,68377,908
Bank overdraft00000000000000
Bank loan00000000000000
Trade Creditors 55,396120,377104,072118,734131,70571,280106,71588,03045,55344,27142,11946,229110,55279,346
Group/Directors Accounts00000000000004,988
other short term finances00000000000000
hp & lease commitments00000000000000
other current liabilities00000000000000
total current liabilities55,396120,377104,072118,734131,70571,280106,71588,03045,55344,27142,11946,229110,55284,334
loans00000000000000
hp & lease commitments00000000000000
Accruals and Deferred Income9607601,20011,1001,1001,20000000000
other liabilities19,80238,99259,23036,1060000000000
provisions00000000000000
total long term liabilities20,76239,75260,43047,2061,1001,20000000000
total liabilities76,158160,129164,502165,940132,80572,480106,71588,03045,55344,27142,11946,229110,55284,334
net assets-10,1853403,6664,6055511,345-27,037-14,9103,6333,5973,9462,474-6,869-6,426
total shareholders funds-10,1853403,6664,6055511,345-27,037-14,9103,6333,5973,9462,474-6,869-6,426
Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Operating Activities
Operating Profit-10,525-3,326-9395,005-7941,660-12,262-18,778-178-6671,71612,261-8832,723
Depreciation0000005,7081592122833775026700
Amortisation00000000000000
Tax000-9510-31500-100-465-3,28300
Stock00000000000000
Debtors-77,8674,43311,94315,1535060,9811,049-5934731,000-2218781,0880
Creditors-64,98116,305-14,662-12,97160,42571,28018,68542,4771,2822,152-4,110-64,32331,20679,346
Accruals and Deferred Income200-440-9,90010,000-1001,20000000000
Deferred Taxes & Provisions00000000000000
Cash flow from operations2,5618,106-37,444-14,07059,48112,84411,08224,451833768-2,261-55,72129,90582,069
Investing Activities
capital expenditure16,62912,13214,320-22,036-59,481-12,844-1,169-21,18700000-2,680
Change in Investments00000000000000
cash flow from investments16,62912,13214,320-22,036-59,481-12,844-1,169-21,18700000-2,680
Financing Activities
Bank loans00000000000000
Group/Directors Accounts000000000000-4,9884,988
Other Short Term Loans 00000000000000
Long term loans00000000000000
Hire Purchase and Lease Commitments00000000000000
other long term liabilities-19,190-20,23823,12436,1060000000000
share issue00000000099000-8,522
interest0000001352352242192213654400
cash flow from financing-19,190-20,23823,12436,10600135235224318221365-4,548-3,534
cash and cash equivalents
cash00000010,0483,4991,0571,086-2,040-55,35625,35775,228
overdraft00000000000000
change in cash00000010,0483,4991,0571,086-2,040-55,35625,35775,228

jets lettings and sales limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Jets Lettings And Sales Limited Competitor Analysis

competitor_analysis_table_img

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 Shareholders

olivia wilson 100%

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).

officercountryagestartendrole
Mrs Olivia WilsonEngland40 years Oct 2006- Director
Mr Stephen TaylorEngland58 years Sep 2018- Director

P&L

April 2023

turnover

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 2023

net 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

None

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.

charges

jets lettings and sales limited Companies House Filings - See Documents

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