Pomanda estimates the enterprise value of JUST DEVELOP IT LIMITED at £71.2m based on a Turnover of £54.5m and 1.31x industry multiple (adjusted for size and gross margin).
just develop it limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of JUST DEVELOP IT LIMITED at £0 based on an EBITDA of £-33.1m and a 9.34x industry multiple (adjusted for size and gross margin).
just develop it limitedEstimated Valuation
£558.9m
Pomanda estimates the enterprise value of JUST DEVELOP IT LIMITED at £558.9m based on Net Assets of £236.1m and 2.37x industry multiple (adjusted for liquidity).
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Just Develop It LimitedOverview
Just Develop It Limited is a live company located in denmead, PO7 6XP with a Companies House number of 06469172. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in January 2008, it's largest shareholder is
saj finance limited
with a 100% stake. Just Develop It Limited is a established,
large sized company, Pomanda has estimated its turnover at
£54.5m with
rapid
growth in recent years.
Pomanda's financial health check has awarded Just Develop It Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
8 Strong
1 Regular
3 Weak
Size
annual sales of £54.5m, make it larger than the average company (£4m)
£54.5m - Just Develop It Limited
£4m - Industry AVG
Growth
3 year (CAGR) sales growth of 43%, show it is growing at a faster rate (8%)
43% - Just Develop It Limited
8% - Industry AVG
Production
with a gross margin of 50.8%, this company has a lower cost of product (38.3%)
50.8% - Just Develop It Limited
38.3% - Industry AVG
Profitability
an operating margin of -67.7% make it less profitable than the average company (5.6%)
-67.7% - Just Develop It Limited
5.6% - Industry AVG
Employees
with 48 employees, this is above the industry average (24)
48 - Just Develop It Limited
24 - Industry AVG
Pay Structure
on an average salary of £52.8k, the company has an equivalent pay structure (£49.9k)
£52.8k - Just Develop It Limited
£49.9k - Industry AVG
Efficiency
resulting in sales per employee of £1.1m, this is more efficient (£153.8k)
£1.1m - Just Develop It Limited
£153.8k - Industry AVG
Debtor Days
it gets paid by customers after 2 days, this is earlier than average (39 days)
2 days - Just Develop It Limited
39 days - Industry AVG
Creditor Days
its suppliers are paid after 38 days, this is slower than average (33 days)
38 days - Just Develop It Limited
33 days - Industry AVG
Stock Days
it holds stock equivalent to 102 days, this is more than average (29 days)
102 days - Just Develop It Limited
29 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 10 weeks, this is less cash available to meet short term requirements (24 weeks)
10 weeks - Just Develop It Limited
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 45.9%, this is a lower level of debt than the average (60.5%)
45.9% - Just Develop It Limited
60.5% - Industry AVG
JUST DEVELOP IT LIMITED financials
EXPORT
Just Develop It Limited's latest turnover from January 2024 is £54.5 million and the company has net assets of £236.1 million. According to their latest financial statements, Just Develop It Limited has 48 employees and maintains cash reserves of £20.7 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jan 2024
Jan 2023
Jan 2022
Jan 2021
Jan 2020
Jan 2019
Jan 2018
Jan 2017
Jan 2016
Jan 2015
Jan 2014
Jan 2013
Jan 2012
Jan 2011
Jan 2010
Turnover
54,524,756
18,043,399
48,409,321
18,828,781
14,384,922
25,703,610
24,091,930
15,958,904
14,240,395
5,554,707
569,263
32,220,985
23,877,391
41,201,278
30,457,371
Other Income Or Grants
Cost Of Sales
26,832,087
1,698,762
1,287,049
1,566,345
12,559,535
11,102,549
5,643,400
4,617,737
2,771,016
365,539
20,412,053
14,797,435
24,853,787
18,396,748
Gross Profit
27,692,669
16,344,637
48,409,321
17,541,732
12,818,577
13,144,075
12,989,381
10,315,504
9,622,658
2,783,691
203,724
11,808,932
9,079,957
16,347,491
12,060,622
Admin Expenses
64,631,220
49,491,024
-135,182,812
-5,538,533
2,623,548
6,659,727
4,045,017
-10,118,117
6,736,879
2,517,561
296,318
11,627,240
9,751,755
-9,832,070
20,922,861
Operating Profit
-36,938,551
-33,146,387
183,592,133
23,080,265
10,195,029
6,484,348
8,944,364
20,433,621
2,885,779
266,130
-92,594
181,692
-671,798
26,179,561
-8,862,239
Interest Payable
4,895,883
1,995,971
10,721,312
2,774,252
1,811,771
1,232,172
716,485
534,890
548,797
423,017
250,714
Interest Receivable
194,443
12,455
1,027
142
1,730
366
1,707
9,737
370,318
12,856
29,900
19,848
1,216
Pre-Tax Profit
-40,842,414
-35,089,903
177,780,599
20,446,193
11,969,583
5,155,867
23,687,606
23,163,484
-3,122,935
977,834
147,331
194,549
-641,898
26,199,408
-8,861,023
Tax
4,595,108
-4,583,956
-1,841,467
-7,688,773
-1,458,835
-1,494,119
3,153,902
-5,290,566
-638,143
-373,644
-66,536
-46,692
-7,335,834
Profit After Tax
-36,247,306
-39,673,859
175,939,132
12,757,420
10,510,748
3,661,748
26,841,508
17,872,918
-3,761,078
604,190
80,795
147,857
-641,898
18,863,574
-8,861,023
Dividends Paid
1,474,930
1,544,484
46,575
51,384
Retained Profit
-38,653,476
-38,550,659
170,700,862
11,801,277
9,671,328
3,779,362
23,064,354
21,550,625
-3,919,226
604,190
80,795
147,857
-641,898
18,863,574
-8,861,023
Employee Costs
2,536,615
1,374,227
1,103,006
2,207,653
2,032,340
3,537,536
2,843,533
2,227,078
1,862,724
1,175,493
190,244
8,823,346
6,600,004
11,542,197
8,083,292
Number Of Employees
48
34
30
95
90
133
125
116
92
41
5
238
178
321
201
EBITDA*
-33,145,858
-32,870,562
183,888,983
23,476,745
10,631,440
9,868,733
11,196,124
20,826,107
3,315,286
484,821
-58,225
209,048
-624,971
26,186,020
-8,862,239
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jan 2024
Jan 2023
Jan 2022
Jan 2021
Jan 2020
Jan 2019
Jan 2018
Jan 2017
Jan 2016
Jan 2015
Jan 2014
Jan 2013
Jan 2012
Jan 2011
Jan 2010
Tangible Assets
5,765,294
1,898,154
2,091,865
3,896,585
6,781,226
15,184,464
15,812,979
9,674,878
3,555,463
3,367,866
126,741
131,328
132,540
13,059
Intangible Assets
279,126,401
7,100
13,800
1,288,009
2,811,600
152,963
255,122
401,402
Investments & Other
133,530,478
200,466,461
253,154,220
100,960,084
78,676,205
62,216,295
47,944,470
41,711,439
28,735,784
23,064,912
11,479,995
9,653,790
6,886,202
Debtors (Due After 1 year)
11,230,495
16,349,089
23,644,585
25,282,127
18,253,841
19,562,922
14,701,726
15,450,188
10,494,226
1,460,231
133,250
133,250
Total Fixed Assets
429,652,668
218,713,704
278,890,670
130,145,896
103,725,072
98,251,690
81,270,775
66,989,468
43,040,595
28,294,411
11,739,986
9,918,368
7,018,742
13,059
Stock & work in progress
7,515,190
2,859,289
1,680,937
1,546,624
1,543,004
2,635,498
7,913,105
4,332,138
5,163,769
4,617,360
Trade Debtors
419,251
227,121
213,162
271,015
380,779
876,879
1,219,634
491,725
196,518
156,187
84,581
5,524,869
3,606,811
6,507,795
1,018,586
Group Debtors
792,182
115,000
17,193
17,378,920
2,395,437
1,820,216
5,178,645
6,051,426
1,829,631
1,978,269
5,495,509
Misc Debtors
105,622,140
68,033,907
93,482,173
40,287,951
39,034,779
16,947,543
9,229,032
6,498,350
7,187,448
11,876,905
5,366,988
343,084
Cash
20,712,413
1,858,254
1,915,645
5,239,983
955,489
6,439,473
4,746,576
4,377,462
869,512
642,287
294,283
634,911
4,507,607
7,452,561
486,540
misc current assets
4,000,000
total current assets
135,061,176
73,093,571
97,309,110
68,724,493
44,309,488
28,719,609
28,286,992
21,751,101
15,246,878
19,271,008
11,241,361
6,159,780
8,457,502
13,960,356
1,505,126
total assets
564,713,844
291,807,275
376,199,780
198,870,389
148,034,560
126,971,299
109,557,767
88,740,569
58,287,473
47,565,419
22,981,347
16,078,148
15,476,244
13,973,415
1,505,126
Bank overdraft
628,138
420,000
22,531
Bank loan
720,310
732,602
453,125
Trade Creditors
2,856,196
220,617
604,209
989,660
508,853
2,169,933
1,800,856
1,001,237
665,859
313,414
31,752
1,296,686
2,077,680
3,960,864
10,356,149
Group/Directors Accounts
1,072,568
7,290,203
9,263,999
6,753,746
4,621,772
3,834,942
8,195,095
4,983,953
50,110
other short term finances
1,596,525
24,396
59,725
11,653
21,637
hp & lease commitments
38,141
38,496
692,438
295,997
77,930
63,607
46,876
3,593
other current liabilities
99,779,321
9,654,836
44,117,207
31,869,835
9,994,174
5,572,980
6,862,629
18,065,837
9,588,889
1,529,068
2,792,981
total current liabilities
105,304,610
9,875,453
44,721,416
40,187,839
19,805,522
15,909,407
14,338,252
23,667,809
18,978,228
7,314,948
2,900,967
1,296,686
2,077,680
3,960,864
10,356,149
loans
149,755,968
45,000,000
52,816,940
38,193,250
29,973,001
21,082,428
14,957,450
11,488,655
10,405,780
6,414,890
hp & lease commitments
186,289
4,770,580
1,870,487
91,000
153,731
189,666
20,765
Accruals and Deferred Income
other liabilities
3,205,588
59,097,927
3,801,588
840,000
840,000
4,784,290
3,970,290
provisions
3,922,223
5,324,767
2,630,438
1,954,830
1,175,982
794,146
521,797
530,658
400,545
329,457
2,173
624
3,088
total long term liabilities
153,678,191
50,324,767
58,652,966
61,052,757
43,357,109
36,377,727
24,314,712
15,579,108
12,042,931
10,924,903
6,437,828
4,784,914
3,973,378
total liabilities
258,982,801
60,200,220
103,374,382
101,240,596
63,162,631
52,287,134
38,652,964
39,246,917
31,021,159
18,239,851
9,338,795
6,081,600
6,051,058
3,960,864
10,356,149
net assets
236,120,933
228,010,423
266,062,252
96,156,770
84,355,493
74,684,165
70,904,803
49,493,652
27,226,270
29,325,568
13,642,552
9,996,548
9,425,186
10,012,551
-8,851,023
total shareholders funds
236,120,933
228,010,423
266,062,252
96,156,770
84,355,493
74,684,165
70,904,803
49,493,652
27,226,270
29,325,568
13,642,552
9,996,548
9,425,186
10,012,551
-8,851,023
Jan 2024
Jan 2023
Jan 2022
Jan 2021
Jan 2020
Jan 2019
Jan 2018
Jan 2017
Jan 2016
Jan 2015
Jan 2014
Jan 2013
Jan 2012
Jan 2011
Jan 2010
Operating Activities
Operating Profit
-36,938,551
-33,146,387
183,592,133
23,080,265
10,195,029
6,484,348
8,944,364
20,433,621
2,885,779
266,130
-92,594
181,692
-671,798
26,179,561
-8,862,239
Depreciation
1,361,576
275,825
289,750
389,780
407,601
1,780,815
1,269,172
235,052
283,227
218,691
34,369
27,356
46,827
6,459
Amortisation
2,431,117
7,100
6,700
28,810
1,603,570
982,588
157,434
146,280
Tax
4,595,108
-4,583,956
-1,841,467
-7,688,773
-1,458,835
-1,494,119
3,153,902
-5,290,566
-638,143
-373,644
-66,536
-46,692
-7,335,834
Stock
4,655,901
1,178,352
134,313
3,620
-1,092,494
-5,277,607
3,580,967
-831,631
546,409
4,617,360
Debtors
33,338,951
-32,631,996
34,137,100
23,155,177
20,857,276
8,878,523
1,837,348
8,783,866
4,236,231
4,391,264
5,422,209
1,708,224
-2,557,900
5,489,209
1,018,586
Creditors
2,635,579
-383,592
-385,451
480,807
-1,661,080
369,077
799,619
335,378
352,445
281,662
-1,264,934
-780,994
-1,883,184
-6,395,285
10,356,149
Accruals and Deferred Income
90,124,485
-34,462,371
12,247,372
21,875,661
4,421,194
-1,289,649
-11,203,208
8,476,948
8,059,821
-1,263,913
2,792,981
Deferred Taxes & Provisions
-1,402,544
2,694,329
675,608
778,848
381,836
272,349
-8,861
130,113
71,088
327,284
1,549
-2,464
3,088
Cash flow from operations
24,811,918
-38,152,508
160,313,632
15,764,491
-7,450,227
4,125,475
-1,480,739
16,525,745
6,377,857
-9,552,414
-4,017,374
-2,329,326
52,833
6,965,692
475,324
Investing Activities
capital expenditure
-18,642,674
-3,364,199
8,680,196
-11,273,000
-29,782
-26,144
-166,308
-19,518
Change in Investments
-66,935,983
-52,687,759
152,194,136
22,283,879
16,459,910
14,271,825
6,233,031
12,975,655
5,670,872
11,584,917
1,826,205
2,767,588
6,886,202
cash flow from investments
66,935,983
52,687,759
-152,194,136
-22,283,879
-16,459,910
-32,914,499
-9,597,230
-4,295,459
-16,943,872
-11,584,917
-1,855,987
-2,793,732
-7,052,510
-19,518
Financing Activities
Bank loans
-720,310
-12,292
732,602
-453,125
453,125
Group/Directors Accounts
1,072,568
-7,290,203
-1,973,796
2,510,253
2,131,974
786,830
-4,360,153
3,211,142
4,933,843
50,110
Other Short Term Loans
1,596,525
-24,396
-35,329
48,072
-9,984
21,637
Long term loans
104,755,968
-7,816,940
52,816,940
-38,193,250
8,220,249
8,890,573
6,124,978
3,468,795
1,082,875
3,990,890
6,414,890
Hire Purchase and Lease Commitments
-38,141
-186,644
-5,238,233
3,296,534
1,997,554
-48,408
-19,204
212,184
24,358
other long term liabilities
-3,205,588
-55,892,339
55,296,339
2,961,588
840,000
-4,784,290
814,000
3,970,290
share issue
46,763,986
498,830
-795,380
-1,653,203
716,757
1,819,928
15,078,826
3,565,209
423,505
54,533
10,000
interest
-4,701,440
-1,983,516
-10,721,312
-2,773,225
-1,811,629
-1,230,442
-716,119
-533,183
-539,060
-423,017
119,604
12,856
29,900
19,848
1,216
cash flow from financing
149,487,607
-12,507,214
-21,920,435
12,169,424
5,921,918
13,051,951
8,077,313
-1,161,245
5,998,822
23,814,363
5,389,881
1,250,361
4,054,723
19,848
11,216
cash and cash equivalents
cash
18,854,159
-57,391
-3,324,338
4,284,494
-5,483,984
1,692,897
369,114
3,507,950
227,225
348,004
-340,628
-3,872,696
-2,944,954
6,966,021
486,540
overdraft
-628,138
628,138
-420,000
397,469
22,531
change in cash
18,854,159
-57,391
-3,324,338
4,284,494
-5,483,984
1,692,897
997,252
2,879,812
647,225
-49,465
-363,159
-3,872,696
-2,944,954
6,966,021
486,540
just develop it limited 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 develop it limited. Get real-time insights into just develop it limited's credit score, group structure and payment trends.
Perform a competitor analysis for just develop it limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other large companies, companies in PO7 area or any other competitors across 12 key performance metrics.
just develop it limited Ownership
JUST DEVELOP IT LIMITED group structure
Just Develop It Limited has 15 subsidiary companies.
82990 - Other business support service activities n.e.c.
incorporation date
January 2008
age
17
incorporated
UK
ultimate parent company
None
accounts
Group
last accounts submitted
January 2024
previous names
onyx midco limited (January 2025)
just develop it limited (December 2024)
See more
accountant
-
auditor
BDO LLP
address
larch house, parklands business park, denmead, hampshire, PO7 6XP
Bank
-
Legal Advisor
-
just develop it 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 found 65 charges/mortgages relating to just develop it limited. Currently there are 3 open charges and 62 have been satisfied in the past.
just develop it 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 JUST DEVELOP IT LIMITED. This can take several minutes, an email will notify you when this has completed.
just develop it limitedCompanies House Filings - See Documents
