j & j tyres limited
j & j tyres limited Company Information
Company Number
06925370
Website
j-j-tyres-ltd.business.siteRegistered Address
station yard 128 upminster road, hornchurch, essex, RM12 6PL
Industry
Maintenance and repair of motor vehicles
Telephone
01708452309
Next Accounts Due
March 2025
Group Structure
View All
Shareholders
richard andrew jones 67%
brandon reece jones 33%
j & j tyres limited Estimated Valuation
Pomanda estimates the enterprise value of J & J TYRES LIMITED at £120.5k based on a Turnover of £454.1k and 0.27x industry multiple (adjusted for size and gross margin).
j & j tyres limited Estimated Valuation
Pomanda estimates the enterprise value of J & J TYRES LIMITED at £12.7k based on an EBITDA of £3.8k and a 3.33x industry multiple (adjusted for size and gross margin).
j & j tyres limited Estimated Valuation
Pomanda estimates the enterprise value of J & J TYRES LIMITED at £19.3k based on Net Assets of £6.6k and 2.94x industry multiple (adjusted for liquidity).
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J & J Tyres Limited Overview
J & J Tyres Limited is a live company located in essex, RM12 6PL with a Companies House number of 06925370. It operates in the maintenance and repair of motor vehicles sector, SIC Code 45200. Founded in June 2009, it's largest shareholder is richard andrew jones with a 67% stake. J & J Tyres Limited is a established, micro sized company, Pomanda has estimated its turnover at £454.1k with declining growth in recent years.
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J & J Tyres Limited Health Check
Pomanda's financial health check has awarded J & J Tyres Limited a 1 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
3 Regular
6 Weak
Size
annual sales of £454.1k, make it in line with the average company (£383.1k)
- J & J Tyres Limited
£383.1k - Industry AVG
Growth
3 year (CAGR) sales growth of -10%, show it is growing at a slower rate (6.8%)
- J & J Tyres Limited
6.8% - Industry AVG
Production
with a gross margin of 36.5%, this company has a comparable cost of product (36.5%)
- J & J Tyres Limited
36.5% - Industry AVG
Profitability
an operating margin of 0.6% make it less profitable than the average company (5.7%)
- J & J Tyres Limited
5.7% - Industry AVG
Employees
with 7 employees, this is above the industry average (5)
7 - J & J Tyres Limited
5 - Industry AVG
Pay Structure
on an average salary of £23.6k, the company has an equivalent pay structure (£23.6k)
- J & J Tyres Limited
£23.6k - Industry AVG
Efficiency
resulting in sales per employee of £64.9k, this is less efficient (£92.7k)
- J & J Tyres Limited
£92.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- J & J Tyres Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (40 days)
- J & J Tyres Limited
40 days - Industry AVG
Stock Days
it holds stock equivalent to 112 days, this is more than average (23 days)
- J & J Tyres Limited
23 days - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - J & J Tyres Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 93.5%, this is a higher level of debt than the average (67.7%)
93.5% - J & J Tyres Limited
67.7% - Industry AVG
J & J TYRES LIMITED financials
J & J Tyres Limited's latest turnover from June 2023 is estimated at £454.1 thousand and the company has net assets of £6.6 thousand. According to their latest financial statements, J & J Tyres Limited has 7 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 221,053 | |||||||||||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | 179,196 | 177,353 | ||||||||||||
| Admin Expenses | 167,870 | 152,083 | ||||||||||||
| Operating Profit | 11,326 | 25,270 | ||||||||||||
| Interest Payable | 0 | 0 | ||||||||||||
| Interest Receivable | 0 | 0 | ||||||||||||
| Pre-Tax Profit | 11,326 | 25,270 | ||||||||||||
| Tax | -2,237 | -5,054 | ||||||||||||
| Profit After Tax | 9,089 | 20,216 | ||||||||||||
| Dividends Paid | 0 | 0 | ||||||||||||
| Retained Profit | 9,089 | 20,216 | ||||||||||||
| Employee Costs | ||||||||||||||
| Number Of Employees | 7 | 8 | 9 | 9 | 6 | |||||||||
| EBITDA* | 11,326 | 25,270 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 3,406 | 4,541 | 6,055 | 8,073 | 10,764 | 10,764 | 10,764 | 10,764 | 10,764 | 10,764 | 10,764 | 10,764 | 10,764 | 10,764 |
| 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 | 3,406 | 4,541 | 6,055 | 8,073 | 10,764 | 10,764 | 10,764 | 10,764 | 10,764 | 10,764 | 10,764 | 10,764 | 10,764 | 10,764 |
| Stock & work in progress | 89,250 | 78,300 | 99,250 | 81,253 | 35,410 | 25,220 | 18,500 | 16,550 | 18,510 | 25,500 | 23,000 | 20,500 | 24,000 | 24,000 |
| Trade Debtors | 0 | 0 | 0 | 0 | 10,225 | 6,145 | 5,885 | 0 | 0 | 0 | 0 | 0 | 0 | 1,509 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 8,610 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 3,039 | 16,791 | 11,932 | 16,030 | 10,601 | 13,570 | 8,273 | 4,457 | 4,345 | 3,137 | 1,558 | 1,229 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 97,860 | 78,300 | 102,289 | 98,044 | 57,567 | 47,395 | 34,986 | 30,120 | 26,783 | 29,957 | 27,345 | 23,637 | 25,558 | 26,738 |
| total assets | 101,266 | 82,841 | 108,344 | 106,117 | 68,331 | 58,159 | 45,750 | 40,884 | 37,547 | 40,721 | 38,109 | 34,401 | 36,322 | 37,502 |
| Bank overdraft | 17,136 | 24,862 | 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 | 423 | 13,047 | 28,813 | 34,883 | 0 | 4,303 | 2,237 | 5,054 | 14,659 | 21,183 | 22,343 | 18,744 | 16,127 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 77,154 | 38,668 | 25,599 | 13,330 | 3,700 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9,909 |
| total current liabilities | 94,713 | 76,577 | 54,412 | 48,213 | 3,700 | 4,303 | 2,237 | 5,054 | 14,659 | 21,183 | 22,343 | 18,744 | 16,127 | 9,909 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,406 | 8,680 | 13,858 | 19,036 | 24,214 | 31,392 | 44,900 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,406 | 8,680 | 13,858 | 19,036 | 24,214 | 31,392 | 44,900 |
| total liabilities | 94,713 | 76,577 | 54,412 | 48,213 | 3,700 | 4,303 | 2,237 | 6,460 | 23,339 | 35,041 | 41,379 | 42,958 | 47,519 | 54,809 |
| net assets | 6,553 | 6,264 | 53,932 | 57,904 | 64,631 | 53,856 | 43,513 | 34,424 | 14,208 | 5,680 | -3,270 | -8,557 | -11,197 | -17,307 |
| total shareholders funds | 6,553 | 6,264 | 53,932 | 57,904 | 64,631 | 53,856 | 43,513 | 34,424 | 14,208 | 5,680 | -3,270 | -8,557 | -11,197 | -17,307 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 11,326 | 25,270 | ||||||||||||
| Depreciation | 1,135 | 1,514 | 2,018 | 2,691 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -2,237 | -5,054 | ||||||||||||
| Stock | 10,950 | -20,950 | 17,997 | 45,843 | 10,190 | 6,720 | 1,950 | -1,960 | -6,990 | 2,500 | 2,500 | -3,500 | 0 | 24,000 |
| Debtors | 8,610 | 0 | 0 | -10,225 | 4,080 | 260 | 5,885 | 0 | 0 | 0 | 0 | 0 | -1,509 | 1,509 |
| Creditors | -12,624 | -15,766 | -6,070 | 34,883 | -4,303 | 2,066 | -2,817 | -9,605 | -6,524 | -1,160 | 3,599 | 2,617 | 16,127 | 0 |
| Accruals and Deferred Income | 38,486 | 13,069 | 12,269 | 9,630 | 3,700 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -9,909 | 9,909 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -1,563 | 12,571 | ||||||||||||
| 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 | 0 | 0 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | -1,406 | -7,274 | -5,178 | -5,178 | -5,178 | -7,178 | -13,508 | 44,900 |
| share issue | ||||||||||||||
| interest | 0 | 0 | ||||||||||||
| cash flow from financing | -1,406 | -7,274 | ||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 0 | -3,039 | -13,752 | 4,859 | -4,098 | 5,429 | -2,969 | 5,297 | 3,816 | 112 | 1,208 | 1,579 | 329 | 1,229 |
| overdraft | -7,726 | 24,862 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 7,726 | -27,901 | -13,752 | 4,859 | -4,098 | 5,429 | -2,969 | 5,297 | 3,816 | 112 | 1,208 | 1,579 | 329 | 1,229 |
j & j tyres limited Credit Report and Business Information
J & J Tyres Limited Competitor Analysis
Perform a competitor analysis for j & j tyres limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in RM12 area or any other competitors across 12 key performance metrics.
j & j tyres limited Ownership
J & J TYRES LIMITED group structure
J & J Tyres Limited has no subsidiary companies.
Ultimate parent company
J & J TYRES LIMITED
06925370
j & j tyres limited directors
J & J Tyres Limited currently has 2 directors. The longest serving directors include Mr Richard Jones (Sep 2011) and Mr Brandon Jones (Jan 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Richard Jones | 61 years | Sep 2011 | - | Director | |
| Mr Brandon Jones | United Kingdom | 26 years | Jan 2024 | - | Director |
P&L
June 2023turnover
454.1k
-10%
operating profit
2.7k
0%
gross margin
36.6%
+6.29%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
6.6k
+0.05%
total assets
101.3k
+0.22%
cash
0
0%
net assets
Total assets minus all liabilities
j & j tyres limited company details
company number
06925370
Type
Private limited with Share Capital
industry
45200 - Maintenance and repair of motor vehicles
incorporation date
June 2009
age
15
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
June 2023
previous names
N/A
accountant
JOHAL & COMPANY
auditor
-
address
station yard 128 upminster road, hornchurch, essex, RM12 6PL
Bank
-
Legal Advisor
-
j & j tyres 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 j & j tyres limited.
j & j tyres limited Companies House Filings - See Documents
| date | description | view/download |
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