jack errock limited

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jack errock limited Company Information

Share JACK ERROCK LIMITED

Company Number

07101823

Directors

Donald Errock

Shareholders

donald stuart errock

Group Structure

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Industry

Other personal service activities n.e.c.

 

Registered Address

alex house, 260/268 chapel street, manchester, M3 5JZ

jack errock limited Estimated Valuation

£72.3k

Pomanda estimates the enterprise value of JACK ERROCK LIMITED at £72.3k based on a Turnover of £96.4k and 0.75x industry multiple (adjusted for size and gross margin).

jack errock limited Estimated Valuation

£0

Pomanda estimates the enterprise value of JACK ERROCK LIMITED at £0 based on an EBITDA of £-2.6k and a 4.46x industry multiple (adjusted for size and gross margin).

jack errock limited Estimated Valuation

£11.1k

Pomanda estimates the enterprise value of JACK ERROCK LIMITED at £11.1k based on Net Assets of £4.6k and 2.41x industry multiple (adjusted for liquidity).

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Jack Errock Limited Overview

Jack Errock Limited is a live company located in manchester, M3 5JZ with a Companies House number of 07101823. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in December 2009, it's largest shareholder is donald stuart errock with a 100% stake. Jack Errock Limited is a established, micro sized company, Pomanda has estimated its turnover at £96.4k with healthy growth in recent years.

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Jack Errock Limited Health Check

Pomanda's financial health check has awarded Jack Errock Limited a 3 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

Health Check Image
Health Rating3out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £96.4k, make it smaller than the average company (£1.2m)

£96.4k - Jack Errock Limited

£1.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 13%, show it is growing at a faster rate (7.9%)

13% - Jack Errock Limited

7.9% - Industry AVG

production

Production

with a gross margin of 41.6%, this company has a comparable cost of product (41.6%)

41.6% - Jack Errock Limited

41.6% - Industry AVG

profitability

Profitability

an operating margin of -2.9% make it less profitable than the average company (6.3%)

-2.9% - Jack Errock Limited

6.3% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (15)

2 - Jack Errock Limited

15 - Industry AVG

paystructure

Pay Structure

on an average salary of £34.5k, the company has an equivalent pay structure (£34.5k)

£34.5k - Jack Errock Limited

£34.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £48.2k, this is less efficient (£104.2k)

£48.2k - Jack Errock Limited

£104.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 14 days, this is earlier than average (31 days)

14 days - Jack Errock Limited

31 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 9 days, this is quicker than average (40 days)

9 days - Jack Errock Limited

40 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Jack Errock Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 11 weeks, this is less cash available to meet short term requirements (38 weeks)

11 weeks - Jack Errock Limited

38 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 39.9%, this is a lower level of debt than the average (48.1%)

39.9% - Jack Errock Limited

48.1% - Industry AVG

JACK ERROCK LIMITED financials

EXPORTms excel logo

Jack Errock Limited's latest turnover from December 2023 is estimated at £96.4 thousand and the company has net assets of £4.6 thousand. According to their latest financial statements, Jack Errock Limited has 2 employees and maintains cash reserves of £637 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010
Turnover96,44692,08399,61066,16765,63166,78871,27070,39272,09970,33879,28474,96565,68068,650
Other Income Or Grants00000000000000
Cost Of Sales56,31053,90259,56540,02239,56840,46042,81541,48842,59342,01246,19342,94337,47038,127
Gross Profit40,13638,18140,04426,14526,06326,32828,45528,90429,50628,32633,09132,02228,20930,523
Admin Expenses42,91342,40237,98017,12727,41624,37427,59026,44827,77430,44133,14232,50927,87730,156
Operating Profit-2,777-4,2212,0649,018-1,3531,9548652,4561,732-2,115-51-487332367
Interest Payable00000000000000
Interest Receivable13424924510976101818575
Pre-Tax Profit-2,643-3,9722,0889,023-1,3431,9638732,4631,741-2,097-33-482339372
Tax00-397-1,7140-373-166-492-348000-88-104
Profit After Tax-2,643-3,9721,6917,309-1,3431,5907071,9701,393-2,097-33-482251268
Dividends Paid00000000000000
Retained Profit-2,643-3,9721,6917,309-1,3431,5907071,9701,393-2,097-33-482251268
Employee Costs68,94065,60462,46559,37059,18156,92254,42255,97957,33327,97827,48427,47327,25626,079
Number Of Employees22222222211111
EBITDA*-2,563-3,9732,3839,3771,1684,6233,7295,5165,0971,6812,5791,6152,4502,499

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010
Tangible Assets8659401,1881,2081,5672,0382,6573,1113,9715,2861,818198250318
Intangible Assets000002,0504,1006,1508,20010,25012,30014,35016,40018,450
Investments & Other00000000000000
Debtors (Due After 1 year)00000000000000
Total Fixed Assets8659401,1881,2081,5674,0886,7579,26112,17115,53614,11814,54816,65018,768
Stock & work in progress000150150150174199199199196201205225
Trade Debtors3,7163,6812,1292,0231,4621,8123,5062,3461,7515,3935,4536,0005,6615,819
Group Debtors00000000000000
Misc Debtors2,4552,4552,4552,4572,4552,4552,4552,4552,45500000
Cash6374,4819,7539,2931,0651,6356832,3102,8021,0036,0081,1998531,901
misc current assets00000000000000
total current assets6,80810,61714,33713,9235,1326,0526,8187,3107,2076,59511,6577,4006,7197,945
total assets7,67311,55715,52515,1316,69910,14013,57516,57119,37822,13125,77521,94823,36926,713
Bank overdraft00000000000000
Bank loan00000000000000
Trade Creditors 1,4941,394011224861315750044320,28624,21921,61320,43921,881
Group/Directors Accounts000001494,1856,1159,31400000
other short term finances00000000000000
hp & lease commitments00000000000000
other current liabilities1,4052,7314,0745,2554,1375,4236,7508,0639,52600000
total current liabilities2,8994,1254,0745,3674,3856,18511,09214,67819,28320,28624,21921,61320,43921,881
loans00000000000000
hp & lease commitments00000000000000
Accruals and Deferred Income00000000000000
other liabilities0000000003,9371,5512972,4104,563
provisions1641792262308938750562279400000
total long term liabilities164179226230893875056227943,9371,5512972,4104,563
total liabilities3,0634,3044,3005,5974,4746,57211,59715,30020,07724,22325,77021,91022,84926,444
net assets4,6107,25311,2259,5342,2253,5681,9781,271-699-2,092538520269
total shareholders funds4,6107,25311,2259,5342,2253,5681,9781,271-699-2,092538520269
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010
Operating Activities
Operating Profit-2,777-4,2212,0649,018-1,3531,9548652,4561,732-2,115-51-487332367
Depreciation2142483193594716198141,0101,3151,746580526882
Amortisation00002,0502,0502,0502,0502,0502,0502,0502,0502,0502,050
Tax00-397-1,7140-373-166-492-348000-88-104
Stock00-15000-24-25003-5-4-20225
Debtors351,552104563-350-1,6941,160595-1,187-60-547339-1585,819
Creditors1001,394-112-136-365456-34357-19,843-3,9332,6061,174-1,44221,881
Accruals and Deferred Income-1,326-1,343-1,1811,118-1,286-1,327-1,313-1,4639,52600000
Deferred Taxes & Provisions-15-47-4141-298-118-117-17279400000
Cash flow from operations-3,839-5,5217358,223-4314,9796552,851-3,587-2,1955,7372,4541,09818,232
Investing Activities
capital expenditure-1390-299000-360-1500-5,214-2,20000-20,900
Change in Investments00000000000000
cash flow from investments-1390-299000-360-1500-5,214-2,20000-20,900
Financing Activities
Bank loans00000000000000
Group/Directors Accounts0000-149-4,036-1,930-3,1999,31400000
Other Short Term Loans 00000000000000
Long term loans00000000000000
Hire Purchase and Lease Commitments00000000000000
other long term liabilities00000000-3,9372,3861,254-2,113-2,1534,563
share issue00000000000001
interest13424924510976101818575
cash flow from financing134249245-139-4,027-1,923-3,1935,3872,4041,272-2,108-2,1464,569
cash and cash equivalents
cash-3,844-5,2724608,228-570952-1,627-4921,799-5,0054,809346-1,0481,901
overdraft00000000000000
change in cash-3,844-5,2724608,228-570952-1,627-4921,799-5,0054,809346-1,0481,901

jack errock 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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Jack Errock Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for jack errock limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other micro companies, companies in M 3 area or any other competitors across 12 key performance metrics.

jack errock limited Ownership

JACK ERROCK LIMITED group structure

Jack Errock Limited has no subsidiary companies.

Ultimate parent company

JACK ERROCK LIMITED

07101823

JACK ERROCK LIMITED Shareholders

donald stuart errock 100%

jack errock limited directors

Jack Errock Limited currently has 1 director, Mr Donald Errock serving since Dec 2009.

officercountryagestartendrole
Mr Donald ErrockUnited Kingdom67 years Dec 2009- Director

P&L

December 2023

turnover

96.4k

+5%

operating profit

-2.8k

0%

gross margin

41.7%

+0.37%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

4.6k

-0.36%

total assets

7.7k

-0.34%

cash

637

-0.86%

net assets

Total assets minus all liabilities

jack errock limited company details

company number

07101823

Type

Private limited with Share Capital

industry

96090 - Other personal service activities n.e.c.

incorporation date

December 2009

age

16

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

-

address

alex house, 260/268 chapel street, manchester, M3 5JZ

Bank

-

Legal Advisor

-

jack errock 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 jack errock limited.

jack errock 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.

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jack errock limited Companies House Filings - See Documents

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