jm racing limited
jm racing limited Company Information
Group Structure
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Industry
Wholesale trade of motor vehicle parts and accessories
+1Registered Address
249-251 merton road, london, SW18 5EB
Website
www.jmracing.co.ukjm racing limited Estimated Valuation
Pomanda estimates the enterprise value of JM RACING LIMITED at £2.3m based on a Turnover of £8.2m and 0.28x industry multiple (adjusted for size and gross margin).
jm racing limited Estimated Valuation
Pomanda estimates the enterprise value of JM RACING LIMITED at £543 based on an EBITDA of £156 and a 3.48x industry multiple (adjusted for size and gross margin).
jm racing limited Estimated Valuation
Pomanda estimates the enterprise value of JM RACING LIMITED at £12.5k based on Net Assets of £4.8k and 2.6x industry multiple (adjusted for liquidity).
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Jm Racing Limited Overview
Jm Racing Limited is a live company located in london, SW18 5EB with a Companies House number of 06106354. It operates in the sale of other motor vehicles sector, SIC Code 45190. Founded in February 2007, it's largest shareholder is joseph macari with a 100% stake. Jm Racing Limited is a established, mid sized company, Pomanda has estimated its turnover at £8.2m with healthy growth in recent years.
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Jm Racing Limited Health Check
Pomanda's financial health check has awarded Jm Racing Limited a 2.5 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
3 Strong
1 Regular
6 Weak
Size
annual sales of £8.2m, make it smaller than the average company (£24.9m)
- Jm Racing Limited
£24.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (9.9%)
- Jm Racing Limited
9.9% - Industry AVG
Production
with a gross margin of 13.5%, this company has a higher cost of product (21.3%)
- Jm Racing Limited
21.3% - Industry AVG
Profitability
an operating margin of 0% make it less profitable than the average company (4.6%)
- Jm Racing Limited
4.6% - Industry AVG
Employees
with 1 employees, this is below the industry average (59)
1 - Jm Racing Limited
59 - Industry AVG
Pay Structure
on an average salary of £40.2k, the company has an equivalent pay structure (£40.2k)
- Jm Racing Limited
£40.2k - Industry AVG
Efficiency
resulting in sales per employee of £8.2m, this is more efficient (£420.3k)
- Jm Racing Limited
£420.3k - Industry AVG
Debtor Days
it gets paid by customers after 110 days, this is later than average (33 days)
- Jm Racing Limited
33 days - Industry AVG
Creditor Days
its suppliers are paid after 127 days, this is slower than average (41 days)
- Jm Racing Limited
41 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Jm Racing Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Jm Racing Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.8%, this is a higher level of debt than the average (59.8%)
99.8% - Jm Racing Limited
59.8% - Industry AVG
JM RACING LIMITED financials
Jm Racing Limited's latest turnover from December 2023 is estimated at £8.2 million and the company has net assets of £4.8 thousand. According to their latest financial statements, Jm Racing Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | |||||||||||||||
| Tax | |||||||||||||||
| Profit After Tax | |||||||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | |||||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 1 | 1 | 1 | 1 | 1 | ||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | |||||||||||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | |||||||||||||||
| Stock & work in progress | 818,522 | 161,525 | 155,171 | 59,811 | 5,000 | 30,000 | 30,000 | ||||||||
| Trade Debtors | 2,496,148 | 2,166,529 | 1,896,760 | 1,652,683 | 1,249,566 | 1,190,356 | 941,397 | 856,043 | 20,752 | 26,580 | 19,075 | 11,952 | 19,014 | 4,653 | 7,102 |
| Group Debtors | |||||||||||||||
| Misc Debtors | |||||||||||||||
| Cash | 75,481 | 184,267 | 6,111 | 32,953 | 47,914 | 677 | 10,015 | ||||||||
| misc current assets | |||||||||||||||
| total current assets | 2,496,148 | 2,166,529 | 1,896,760 | 1,652,683 | 1,249,566 | 1,190,356 | 941,397 | 856,043 | 914,755 | 372,372 | 180,357 | 104,716 | 71,928 | 35,330 | 47,117 |
| total assets | 2,496,148 | 2,166,529 | 1,896,760 | 1,652,683 | 1,249,566 | 1,190,356 | 941,397 | 856,043 | 914,755 | 372,372 | 180,357 | 104,716 | 71,928 | 35,330 | 47,117 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 2,491,353 | 2,161,851 | 1,892,870 | 1,649,295 | 1,247,640 | 1,188,813 | 939,996 | 852,613 | 910,581 | 370,358 | 178,109 | 105,065 | 70,575 | 34,079 | 47,115 |
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | |||||||||||||||
| total current liabilities | 2,491,353 | 2,161,851 | 1,892,870 | 1,649,295 | 1,247,640 | 1,188,813 | 939,996 | 852,613 | 910,581 | 370,358 | 178,109 | 105,065 | 70,575 | 34,079 | 47,115 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | |||||||||||||||
| total liabilities | 2,491,353 | 2,161,851 | 1,892,870 | 1,649,295 | 1,247,640 | 1,188,813 | 939,996 | 852,613 | 910,581 | 370,358 | 178,109 | 105,065 | 70,575 | 34,079 | 47,115 |
| net assets | 4,795 | 4,678 | 3,890 | 3,388 | 1,926 | 1,543 | 1,401 | 3,430 | 4,174 | 2,014 | 2,248 | -349 | 1,353 | 1,251 | 2 |
| total shareholders funds | 4,795 | 4,678 | 3,890 | 3,388 | 1,926 | 1,543 | 1,401 | 3,430 | 4,174 | 2,014 | 2,248 | -349 | 1,353 | 1,251 | 2 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | |||||||||||||||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | -818,522 | 656,997 | 6,354 | 95,360 | 54,811 | -25,000 | 30,000 | ||||||||
| Debtors | 329,619 | 269,769 | 244,077 | 403,117 | 59,210 | 248,959 | 85,354 | 835,291 | -5,828 | 7,505 | 7,123 | -7,062 | 14,361 | -2,449 | 7,102 |
| Creditors | 329,502 | 268,981 | 243,575 | 401,655 | 58,827 | 248,817 | 87,383 | -57,968 | 540,223 | 192,249 | 73,044 | 34,490 | 36,496 | -13,036 | 47,115 |
| Accruals and Deferred Income | |||||||||||||||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -75,481 | -108,786 | 178,156 | -26,842 | -14,961 | 47,237 | -9,338 | 10,015 | |||||||
| overdraft | |||||||||||||||
| change in cash | -75,481 | -108,786 | 178,156 | -26,842 | -14,961 | 47,237 | -9,338 | 10,015 |
jm racing limited Credit Report and Business Information
Jm Racing Limited Competitor Analysis
Perform a competitor analysis for jm racing limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mid companies, companies in SW18 area or any other competitors across 12 key performance metrics.
jm racing limited Ownership
JM RACING LIMITED group structure
Jm Racing Limited has no subsidiary companies.
Ultimate parent company
JM RACING LIMITED
06106354
jm racing limited directors
Jm Racing Limited currently has 1 director, Mr Joseph MacAri serving since Dec 2008.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Joseph MacAri | 58 years | Dec 2008 | - | Director |
P&L
December 2023turnover
8.2m
+14%
operating profit
156
0%
gross margin
13.5%
-1.44%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
4.8k
+0.03%
total assets
2.5m
+0.15%
cash
0
0%
net assets
Total assets minus all liabilities
jm racing limited company details
company number
06106354
Type
Private limited with Share Capital
industry
45310 - Wholesale trade of motor vehicle parts and accessories
45190 - Sale of other motor vehicles
incorporation date
February 2007
age
18
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
249-251 merton road, london, SW18 5EB
Bank
-
Legal Advisor
-
jm racing 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 jm racing limited.
jm racing 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 JM RACING LIMITED. This can take several minutes, an email will notify you when this has completed.
jm racing limited Companies House Filings - See Documents
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