ajjs development ltd

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ajjs development ltd Company Information

Share AJJS DEVELOPMENT LTD

Company Number

07259714

Shareholders

jane stephens

peter john whitmore stephens

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Group Structure

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Industry

Construction of domestic buildings

 

Registered Address

the warehouse anchor quay, penryn, cornwall, TR10 8GZ

Website

-

ajjs development ltd Estimated Valuation

£122.7k

Pomanda estimates the enterprise value of AJJS DEVELOPMENT LTD at £122.7k based on a Turnover of £459k and 0.27x industry multiple (adjusted for size and gross margin).

ajjs development ltd Estimated Valuation

£24.2k

Pomanda estimates the enterprise value of AJJS DEVELOPMENT LTD at £24.2k based on an EBITDA of £10.1k and a 2.4x industry multiple (adjusted for size and gross margin).

ajjs development ltd Estimated Valuation

£555.6k

Pomanda estimates the enterprise value of AJJS DEVELOPMENT LTD at £555.6k based on Net Assets of £414.3k and 1.34x industry multiple (adjusted for liquidity).

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Ajjs Development Ltd Overview

Ajjs Development Ltd is a live company located in cornwall, TR10 8GZ with a Companies House number of 07259714. It operates in the construction of domestic buildings sector, SIC Code 41202. Founded in May 2010, it's largest shareholder is jane stephens with a 25% stake. Ajjs Development Ltd is a established, micro sized company, Pomanda has estimated its turnover at £459k with declining growth in recent years.

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Ajjs Development Ltd Health Check

Pomanda's financial health check has awarded Ajjs Development Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

4 Strong

positive_score

2 Regular

positive_score

4 Weak

size

Size

annual sales of £459k, make it in line with the average company (£478.4k)

£459k - Ajjs Development Ltd

£478.4k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (10%)

-1% - Ajjs Development Ltd

10% - Industry AVG

production

Production

with a gross margin of 9.8%, this company has a higher cost of product (19.6%)

9.8% - Ajjs Development Ltd

19.6% - Industry AVG

profitability

Profitability

an operating margin of 2.2% make it less profitable than the average company (4.8%)

2.2% - Ajjs Development Ltd

4.8% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (3)

2 - Ajjs Development Ltd

3 - Industry AVG

paystructure

Pay Structure

on an average salary of £41.8k, the company has an equivalent pay structure (£41.8k)

£41.8k - Ajjs Development Ltd

£41.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £229.5k, this is more efficient (£199.2k)

£229.5k - Ajjs Development Ltd

£199.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 13 days, this is earlier than average (25 days)

13 days - Ajjs Development Ltd

25 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 142 days, this is slower than average (29 days)

142 days - Ajjs Development Ltd

29 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Ajjs Development Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Ajjs Development Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 28.5%, this is a lower level of debt than the average (73.7%)

28.5% - Ajjs Development Ltd

73.7% - Industry AVG

AJJS DEVELOPMENT LTD financials

EXPORTms excel logo

Ajjs Development Ltd's latest turnover from March 2024 is estimated at £459 thousand and the company has net assets of £414.3 thousand. According to their latest financial statements, Ajjs Development Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011
Turnover458,961511,554506,595476,929540,3101,867,2461,873,3911,054,085256,167258,859819,025725,752581,304
Other Income Or Grants
Cost Of Sales414,175463,591459,374435,297488,7131,643,4631,643,393907,055223,377226,944718,809639,888511,408
Gross Profit44,78547,96247,22141,63251,597223,784229,998147,03032,79131,915100,21785,86469,896
Admin Expenses34,71236,04834,07426,27637,107223,784233,40151,27941,127-336,294100,15785,95569,624
Operating Profit10,07311,91413,14715,35614,490-3,40395,751-8,336368,20960-91272
Interest Payable
Interest Receivable4518122415903903522
Pre-Tax Profit10,07311,91413,19315,37414,501-3,37995,765-7,433369,11166-89274
Tax-2,518-2,264-2,507-2,921-2,755-18,195-73,822-14-66
Profit After Tax7,5559,65010,68612,45311,746-3,37977,570-7,433295,28952-89208
Dividends Paid
Retained Profit7,5559,65010,68612,45311,746-3,37977,570-7,433295,28952-89208
Employee Costs83,50685,39480,39074,17675,855128,473122,94675,59741,00739,29675,92675,42273,523
Number Of Employees2222233211222
EBITDA*10,07311,91413,14715,35614,490-3,40395,751-8,336368,20960-91272

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011
Tangible Assets563,300563,300563,300563,300563,300
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets563,300563,300563,300563,300563,300
Stock & work in progress258,000375,00015,000235,750201,400159,000
Trade Debtors16,39633,13523,75445838529,184529,184281,7308,307
Group Debtors
Misc Debtors
Cash12,08323,1499,4692,397358,9192,08382726
misc current assets
total current assets16,39633,13523,75412,54123,187529,184529,184549,199385,704373,919237,833201,482159,726
total assets579,696596,435587,054575,841586,487529,184529,184549,199385,704373,919237,833201,482159,726
Bank overdraft
Bank loan
Trade Creditors 161,138185,432185,194189,421212,520166,966166,966183,59997,67478,456237,659201,360159,515
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities161,138185,432185,194189,421212,520166,966166,966183,59997,67478,456237,659201,360159,515
loans
hp & lease commitments
Accruals and Deferred Income4,2504,2504,754
other liabilities
provisions
total long term liabilities4,2504,2504,754
total liabilities165,388189,682189,948189,421212,520166,966166,966183,59997,67478,456237,659201,360159,515
net assets414,308406,753397,106386,420373,967362,218362,218365,600288,030295,463174122211
total shareholders funds414,308406,753397,106386,420373,967362,218362,218365,600288,030295,463174122211
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011
Operating Activities
Operating Profit10,07311,91413,14715,35614,490-3,40395,751-8,336368,20960-91272
Depreciation
Amortisation
Tax-2,518-2,264-2,507-2,921-2,755-18,195-73,822-14-66
Stock-258,000-117,000360,000-220,75034,35042,400159,000
Debtors-16,7399,38123,296420-529,146247,454273,4238,307
Creditors-24,294238-4,227-23,09945,554-16,63385,92519,218-159,20336,29941,845159,515
Accruals and Deferred Income-5044,754
Deferred Taxes & Provisions
Cash flow from operations3-12,129-11,084586,435-9,4907,058-357,425355,9341,995-646721
Investing Activities
capital expenditure-563,300
Change in Investments
cash flow from investments-563,300
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-33-33
interest4518122415903903522
cash flow from financing-34518152115903903525
cash and cash equivalents
cash-12,083-11,06623,149-9,4697,072-356,522356,8362,001-644726
overdraft
change in cash-12,083-11,06623,149-9,4697,072-356,522356,8362,001-644726

ajjs development ltd 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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Ajjs Development Ltd Competitor Analysis

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Perform a competitor analysis for ajjs development ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in TR10 area or any other competitors across 12 key performance metrics.

ajjs development ltd Ownership

AJJS DEVELOPMENT LTD group structure

Ajjs Development Ltd has no subsidiary companies.

Ultimate parent company

AJJS DEVELOPMENT LTD

07259714

AJJS DEVELOPMENT LTD Shareholders

jane stephens 25%
peter john whitmore stephens 25%
sarah michelle wood 25%
jon wood 25%

ajjs development ltd directors

Ajjs Development Ltd currently has 2 directors. The longest serving directors include Mrs Jane Stephens (May 2010) and Mr Jon Wood (Aug 2011).

officercountryagestartendrole
Mrs Jane StephensUnited Kingdom54 years May 2010- Director
Mr Jon Wood52 years Aug 2011- Director

P&L

March 2024

turnover

459k

-10%

operating profit

10.1k

0%

gross margin

9.8%

+4.08%

turnover

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

Balance Sheet

March 2024

net assets

414.3k

+0.02%

total assets

579.7k

-0.03%

cash

0

0%

net assets

Total assets minus all liabilities

ajjs development ltd company details

company number

07259714

Type

Private limited with Share Capital

industry

41202 - Construction of domestic buildings

incorporation date

May 2010

age

15

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2024

previous names

N/A

accountant

CAD ACCOUNTANCY LTD

auditor

-

address

the warehouse anchor quay, penryn, cornwall, TR10 8GZ

Bank

-

Legal Advisor

-

ajjs development ltd 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 ajjs development ltd.

ajjs development ltd 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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ajjs development ltd Companies House Filings - See Documents

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