j & m homes limited
j & m homes limited Company Information
Company Number
07276973
Next Accounts
Nov 2024
Industry
Development of building projects
Shareholders
martin george randel wright
john anthony annear
Group Structure
View All
Contact
Registered Address
19b candish drive elburton, plymouth, devon, PL9 8DB
Website
www.jandmhomesltd.co.ukj & m homes limited Estimated Valuation
Pomanda estimates the enterprise value of J & M HOMES LIMITED at £161k based on a Turnover of £344.2k and 0.47x industry multiple (adjusted for size and gross margin).
j & m homes limited Estimated Valuation
Pomanda estimates the enterprise value of J & M HOMES LIMITED at £87.2k based on an EBITDA of £24.5k and a 3.55x industry multiple (adjusted for size and gross margin).
j & m homes limited Estimated Valuation
Pomanda estimates the enterprise value of J & M HOMES LIMITED at £0 based on Net Assets of £-11.4k and 1.49x industry multiple (adjusted for liquidity).
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J & M Homes Limited Overview
J & M Homes Limited is a dissolved company that was located in devon, PL9 8DB with a Companies House number of 07276973. It operated in the development of building projects sector, SIC Code 41100. Founded in June 2010, it's largest shareholder was martin george randel wright with a 50% stake. The last turnover for J & M Homes Limited was estimated at £344.2k.
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J & M Homes Limited Health Check
Pomanda's financial health check has awarded J & M Homes Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 9 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
9 Weak
Size
annual sales of £344.2k, make it smaller than the average company (£2m)
- J & M Homes Limited
£2m - Industry AVG
Growth
3 year (CAGR) sales growth of -37%, show it is growing at a slower rate (3.4%)
- J & M Homes Limited
3.4% - Industry AVG
Production
with a gross margin of 23.8%, this company has a comparable cost of product (23.8%)
- J & M Homes Limited
23.8% - Industry AVG
Profitability
an operating margin of 6.4% make it less profitable than the average company (9%)
- J & M Homes Limited
9% - Industry AVG
Employees
with 2 employees, this is below the industry average (5)
2 - J & M Homes Limited
5 - Industry AVG
Pay Structure
on an average salary of £43.3k, the company has an equivalent pay structure (£43.3k)
- J & M Homes Limited
£43.3k - Industry AVG
Efficiency
resulting in sales per employee of £172.1k, this is less efficient (£267.6k)
- J & M Homes Limited
£267.6k - Industry AVG
Debtor Days
it gets paid by customers after 9 days, this is earlier than average (28 days)
- J & M Homes Limited
28 days - Industry AVG
Creditor Days
its suppliers are paid after 25 days, this is quicker than average (29 days)
- J & M Homes Limited
29 days - Industry AVG
Stock Days
it holds stock equivalent to 1229 days, this is more than average (226 days)
- J & M Homes Limited
226 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (11 weeks)
0 weeks - J & M Homes Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 101%, this is a higher level of debt than the average (74.9%)
101% - J & M Homes Limited
74.9% - Industry AVG
J & M HOMES LIMITED financials
J & M Homes Limited's latest turnover from June 2020 is estimated at £344.2 thousand and the company has net assets of -£11.4 thousand. According to their latest financial statements, J & M Homes Limited has 2 employees and maintains cash reserves of £2.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 653,520 | 705,373 | 11,129 | |||||||
| Other Income Or Grants | 0 | 0 | 0 | |||||||
| Cost Of Sales | 507,225 | 548,102 | 0 | |||||||
| Gross Profit | 146,295 | 157,271 | 11,129 | |||||||
| Admin Expenses | 69,692 | 66,032 | 19,160 | |||||||
| Operating Profit | 76,603 | 91,239 | -8,031 | |||||||
| Interest Payable | 30,928 | 22,969 | 0 | |||||||
| Interest Receivable | 0 | 0 | 0 | |||||||
| Pre-Tax Profit | 45,675 | 68,270 | -8,031 | |||||||
| Tax | -12,022 | 0 | 0 | |||||||
| Profit After Tax | 33,653 | 68,270 | -8,031 | |||||||
| Dividends Paid | 28,000 | 60,000 | 0 | |||||||
| Retained Profit | 5,653 | 8,270 | -8,031 | |||||||
| Employee Costs | 19,767 | 10,400 | 8,276 | |||||||
| Number Of Employees | 2 | 2 | 2 | 2 | 2 | 2 | ||||
| EBITDA* | 76,603 | 91,239 | -8,031 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 4,768 | 7,306 | 10,373 | 11,302 | 15,841 | 21,756 | 24,425 | 359 | 359 | 359 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 1,166 | 1,166 | 1,113 | 1,560 | 1,656 | 4 | 4 | 4 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 5,934 | 8,472 | 11,486 | 12,862 | 17,497 | 21,760 | 24,429 | 363 | 359 | 359 |
| Stock & work in progress | 883,624 | 823,724 | 1,285,010 | 767,643 | 1,407,933 | 1,573,108 | 849,560 | 339,707 | 478,017 | 457,284 |
| Trade Debtors | 8,906 | 60,730 | 281,356 | 237,986 | 98 | 17,629 | 98,370 | 437,340 | 0 | 0 |
| Group Debtors | 268,153 | 427,751 | 427,751 | 527,751 | 167,044 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 7,374 | 43,857 | 6,199 | 0 | 954 | 0 | 0 | 0 | 37 | 2,185 |
| Cash | 2,500 | 11,257 | 22,098 | 187,033 | 48,928 | 40,447 | 19,895 | 36,720 | 7,260 | 3,371 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,170,557 | 1,367,319 | 2,022,414 | 1,720,413 | 1,624,957 | 1,631,184 | 967,825 | 813,767 | 485,314 | 462,840 |
| total assets | 1,176,491 | 1,375,791 | 2,033,900 | 1,733,275 | 1,642,454 | 1,652,944 | 992,254 | 814,130 | 485,673 | 463,199 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 124,208 | 139,000 |
| Bank loan | 0 | 0 | 0 | 138,375 | 276,750 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 18,328 | 91,470 | 351,969 | 41,751 | 234,123 | 1,215,266 | 692,796 | 564,337 | 27,262 | 1,050 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 12,332 | 3,255 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,169,602 | 1,313,585 | 1,401,607 | 1,232,979 | 848,384 | 0 | 0 | 0 | 333,964 | 331,180 |
| total current liabilities | 1,187,930 | 1,405,055 | 1,753,576 | 1,425,437 | 1,362,512 | 1,215,266 | 692,796 | 564,337 | 485,434 | 471,230 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 12,332 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 239,471 | 242,295 | 243,899 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 12,332 | 239,471 | 242,295 | 243,899 | 0 | 0 |
| total liabilities | 1,187,930 | 1,405,055 | 1,753,576 | 1,425,437 | 1,374,844 | 1,454,737 | 935,091 | 808,236 | 485,434 | 471,230 |
| net assets | -11,439 | -29,264 | 280,324 | 307,838 | 267,610 | 198,207 | 57,163 | 5,894 | 239 | -8,031 |
| total shareholders funds | -11,439 | -29,264 | 280,324 | 307,838 | 267,610 | 198,207 | 57,163 | 5,894 | 239 | -8,031 |
| Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | 76,603 | 91,239 | -8,031 | |||||||
| Depreciation | 2,538 | 3,067 | 3,775 | 4,539 | 5,915 | 7,255 | 10,079 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -12,022 | 0 | 0 | |||||||
| Stock | 59,900 | -461,286 | 517,367 | -640,290 | -165,175 | 723,548 | 509,853 | -138,310 | 20,733 | 457,284 |
| Debtors | -247,905 | -182,968 | -50,431 | 597,641 | 150,467 | -80,741 | -338,970 | 437,303 | -2,148 | 2,185 |
| Creditors | -73,142 | -260,499 | 310,218 | -192,372 | -981,143 | 522,470 | 128,459 | 537,075 | 26,212 | 1,050 |
| Accruals and Deferred Income | -143,983 | -88,022 | 168,628 | 384,595 | 848,384 | 0 | 0 | -333,964 | 2,784 | 331,180 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -31,301 | 101,650 | -135,270 | |||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | 0 | 53 | -447 | -96 | 1,652 | 0 | 0 | 4 | 0 | 0 |
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | 0 | 0 | -138,375 | -138,375 | 276,750 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | -12,332 | -3,255 | 15,587 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | -239,471 | -2,824 | -1,604 | 243,899 | 0 | 0 |
| share issue | ||||||||||
| interest | -30,928 | -22,969 | 0 | |||||||
| cash flow from financing | 212,973 | -22,969 | 0 | |||||||
| cash and cash equivalents | ||||||||||
| cash | -8,757 | -10,841 | -164,935 | 138,105 | 8,481 | 20,552 | -16,825 | 29,460 | 3,889 | 3,371 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -124,208 | -14,792 | 139,000 |
| change in cash | -8,757 | -10,841 | -164,935 | 138,105 | 8,481 | 20,552 | -16,825 | 153,668 | 18,681 | -135,629 |
j & m homes limited Credit Report and Business Information
J & M Homes Limited Competitor Analysis
Perform a competitor analysis for j & m homes limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other undefined companies, companies in PL9 area or any other competitors across 12 key performance metrics.
j & m homes limited Ownership
J & M HOMES LIMITED group structure
J & M Homes Limited has no subsidiary companies.
Ultimate parent company
J & M HOMES LIMITED
07276973
j & m homes limited directors
J & M Homes Limited currently has 2 directors. The longest serving directors include Mr John Annear (Jun 2010) and Mr Martin Wright (Jun 2010).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Annear | United Kingdom | 59 years | Jun 2010 | - | Director |
| Mr Martin Wright | United Kingdom | 61 years | Jun 2010 | - | Director |
P&L
June 2020turnover
344.2k
-54%
operating profit
22k
0%
gross margin
23.8%
-10.38%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2020net assets
-11.4k
-0.61%
total assets
1.2m
-0.14%
cash
2.5k
-0.78%
net assets
Total assets minus all liabilities
j & m homes limited company details
company number
07276973
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
June 2010
age
14
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
June 2020
previous names
N/A
accountant
-
auditor
-
address
19b candish drive elburton, plymouth, devon, PL9 8DB
Bank
-
Legal Advisor
-
j & m homes 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 5 charges/mortgages relating to j & m homes limited. Currently there are 0 open charges and 5 have been satisfied in the past.
j & m homes limited Companies House Filings - See Documents
| date | description | view/download |
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