Pomanda estimates the enterprise value of J. H EQUIPMENT LTD at £923.8k based on a Turnover of £3.1m and 0.3x industry multiple (adjusted for size and gross margin).
j. h equipment ltdEstimated Valuation
£3.6m
Pomanda estimates the enterprise value of J. H EQUIPMENT LTD at £3.6m based on an EBITDA of £1.1m and a 3.22x industry multiple (adjusted for size and gross margin).
j. h equipment ltdEstimated Valuation
£5.6m
Pomanda estimates the enterprise value of J. H EQUIPMENT LTD at £5.6m based on Net Assets of £2.8m and 2.03x industry multiple (adjusted for liquidity).
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J. H Equipment LtdOverview
J. H Equipment Ltd is a live company located in north east lincolnshire, DN31 1LW with a Companies House number of 07331742. It operates in the wholesale of agricultural machinery, equipment and supplies sector, SIC Code 46610. Founded in July 2010, it's largest shareholder is
john edwin humphreys
with a 100% stake. J. H Equipment Ltd is a established,
small sized company, Pomanda has estimated its turnover at
£3.1m with
unknown
growth in recent years.
Pomanda's financial health check has awarded J. H Equipment Ltd a 5 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 Rating5out of 5
4 Strong
3 Regular
4 Weak
Size
annual sales of £3.1m, make it smaller than the average company (£23.2m)
£3.1m - J. H Equipment Ltd
£23.2m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - J. H Equipment Ltd
- - Industry AVG
Production
with a gross margin of 13.3%, this company has a comparable cost of product (13.3%)
13.3% - J. H Equipment Ltd
13.3% - Industry AVG
Profitability
an operating margin of 30.7% make it more profitable than the average company (3.7%)
30.7% - J. H Equipment Ltd
3.7% - Industry AVG
Employees
with 7 employees, this is below the industry average (44)
7 - J. H Equipment Ltd
44 - Industry AVG
Pay Structure
on an average salary of £44.2k, the company has an equivalent pay structure (£44.2k)
£44.2k - J. H Equipment Ltd
£44.2k - Industry AVG
Efficiency
resulting in sales per employee of £444.5k, this is equally as efficient (£513.6k)
£444.5k - J. H Equipment Ltd
£513.6k - Industry AVG
Debtor Days
it gets paid by customers after 3 days, this is earlier than average (32 days)
3 days - J. H Equipment Ltd
32 days - Industry AVG
Creditor Days
its suppliers are paid after 19 days, this is quicker than average (47 days)
19 days - J. H Equipment Ltd
47 days - Industry AVG
Stock Days
it holds stock equivalent to 386 days, this is more than average (128 days)
386 days - J. H Equipment Ltd
128 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 29 weeks, this is more cash available to meet short term requirements (3 weeks)
29 weeks - J. H Equipment Ltd
3 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 44.7%, this is a lower level of debt than the average (58.7%)
44.7% - J. H Equipment Ltd
58.7% - Industry AVG
J. H EQUIPMENT LTD financials
EXPORT
J. H Equipment Ltd's latest turnover from January 2024 is estimated at £3.1 million and the company has net assets of £2.8 million. According to their latest financial statements, J. H Equipment Ltd has 7 employees and maintains cash reserves of £1.2 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jan 2024
Jan 2023
Jan 2022
Jul 2020
Jul 2019
Jul 2018
Jul 2017
Jul 2016
Jul 2015
Jul 2014
Jul 2013
Jul 2012
Jul 2011
Turnover
3,111,152
6,060,806
4,293,147
2,069,992
1,820,050
2,760,565
517,853
593,173
753,509
913,276
1,922,795
2,811,376
1,823,993
Other Income Or Grants
Cost Of Sales
2,697,414
5,275,225
3,717,941
1,810,895
1,582,394
2,384,006
451,652
513,300
656,009
797,235
1,681,719
2,467,596
1,562,605
Gross Profit
413,739
785,581
575,207
259,097
237,657
376,559
66,201
79,873
97,500
116,040
241,076
343,780
261,388
Admin Expenses
-540,671
56,686
-1,139,758
68,492
87,286
138,727
-105,649
11,566
67,895
60,694
97,032
174,255
78,215
Operating Profit
954,410
728,895
1,714,965
190,605
150,371
237,832
171,850
68,307
29,605
55,346
144,044
169,525
183,173
Interest Payable
8,947
3,692
1,366
Interest Receivable
63,481
22,392
129
181
646
610
374
461
499
585
299
142
78
Pre-Tax Profit
1,008,944
747,595
1,713,728
190,785
151,017
238,442
172,225
68,768
30,104
55,932
144,343
169,667
183,251
Tax
-252,236
-142,043
-325,608
-36,249
-28,693
-45,304
-32,723
-13,753
-6,021
-11,746
-33,199
-40,720
-47,645
Profit After Tax
756,708
605,552
1,388,120
154,536
122,324
193,138
139,502
55,014
24,083
44,186
111,144
128,947
135,606
Dividends Paid
Retained Profit
756,708
605,552
1,388,120
154,536
122,324
193,138
139,502
55,014
24,083
44,186
111,144
128,947
135,606
Employee Costs
309,741
166,574
160,742
149,905
111,548
148,407
35,160
32,577
64,482
97,849
161,448
241,019
150,609
Number Of Employees
7
4
4
4
3
4
1
1
2
3
5
8
5
EBITDA*
1,110,576
778,548
1,851,870
281,497
241,443
305,951
217,561
78,428
35,911
61,882
149,303
175,128
188,572
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jan 2024
Jan 2023
Jan 2022
Jul 2020
Jul 2019
Jul 2018
Jul 2017
Jul 2016
Jul 2015
Jul 2014
Jul 2013
Jul 2012
Jul 2011
Tangible Assets
619,733
297,662
181,977
557,913
565,940
560,561
383,711
234,459
166,372
8,803
1,550
2,698
3,301
Intangible Assets
5,000
10,000
15,000
20,000
25,000
30,000
35,000
40,000
45,000
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
619,733
297,662
181,977
557,913
570,940
570,561
398,711
254,459
191,372
38,803
36,550
42,698
48,301
Stock & work in progress
2,855,907
1,682,000
1,598,509
1,102,420
868,300
837,427
270,557
210,946
286,200
212,800
562,330
629,083
503,853
Trade Debtors
31,459
771,752
490,808
22,826
78,200
167,200
20,880
59,535
49,400
131,071
106,265
232,883
63,044
Group Debtors
Misc Debtors
227,475
297,245
35,516
162,184
102,386
168,819
52,488
61,478
Cash
1,241,920
1,176,400
103,120
258,259
102,735
69,610
174,365
125,088
59,219
140,232
93,905
25,752
31,183
misc current assets
total current assets
4,356,761
3,927,397
2,227,953
1,545,689
1,151,621
1,243,056
518,290
457,047
394,819
484,103
762,500
887,718
598,080
total assets
4,976,494
4,225,059
2,409,930
2,103,602
1,722,561
1,813,617
917,001
711,506
586,191
522,906
799,050
930,416
646,381
Bank overdraft
10,000
Bank loan
10,000
10,000
Trade Creditors
141,412
1,865,632
730,895
445,176
439,051
806,197
84,346
106,769
140,625
101,162
422,809
665,223
510,675
Group/Directors Accounts
other short term finances
100,903
hp & lease commitments
other current liabilities
1,908,800
305,781
225,362
461,327
247,013
105,005
149,224
89,906
total current liabilities
2,161,115
2,181,413
966,257
906,503
686,064
911,202
233,570
196,675
140,625
101,162
422,809
665,223
510,675
loans
14,117
24,030
33,697
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
50,782
25,844
21,756
88,519
82,453
70,695
44,849
15,751
1,500
1,761
444
540
total long term liabilities
64,899
49,874
55,453
88,519
82,453
70,695
44,849
15,751
1,500
1,761
444
540
total liabilities
2,226,014
2,231,287
1,021,710
995,022
768,517
981,897
278,419
212,426
142,125
102,923
423,253
665,763
510,675
net assets
2,750,480
1,993,772
1,388,220
1,108,580
954,044
831,720
638,582
499,080
444,066
419,983
375,797
264,653
135,706
total shareholders funds
2,750,480
1,993,772
1,388,220
1,108,580
954,044
831,720
638,582
499,080
444,066
419,983
375,797
264,653
135,706
Jan 2024
Jan 2023
Jan 2022
Jul 2020
Jul 2019
Jul 2018
Jul 2017
Jul 2016
Jul 2015
Jul 2014
Jul 2013
Jul 2012
Jul 2011
Operating Activities
Operating Profit
954,410
728,895
1,714,965
190,605
150,371
237,832
171,850
68,307
29,605
55,346
144,044
169,525
183,173
Depreciation
156,166
49,653
136,905
85,892
86,072
63,119
40,711
5,121
1,306
1,536
259
603
399
Amortisation
5,000
5,000
5,000
5,000
5,000
5,000
5,000
5,000
5,000
5,000
Tax
-252,236
-142,043
-325,608
-36,249
-28,693
-45,304
-32,723
-13,753
-6,021
-11,746
-33,199
-40,720
-47,645
Stock
1,173,907
83,491
1,598,509
234,120
30,873
566,870
59,611
-75,254
73,400
-349,530
-66,753
125,230
503,853
Debtors
-810,063
542,673
526,324
4,424
-155,433
262,651
-47,645
71,613
-81,671
24,806
-126,618
169,839
63,044
Creditors
-1,724,220
1,134,737
730,895
6,125
-367,146
721,851
-22,423
-33,856
39,463
-321,647
-242,414
154,548
510,675
Accruals and Deferred Income
1,603,019
80,419
225,362
214,314
142,008
-44,219
59,318
89,906
Deferred Taxes & Provisions
24,938
4,088
21,756
6,066
11,758
25,846
29,098
14,251
-261
1,317
-96
540
Cash flow from operations
398,233
1,229,585
379,442
233,209
123,930
134,604
238,865
138,617
77,363
54,530
66,965
-5,573
84,705
Investing Activities
capital expenditure
-478,237
-165,338
-318,882
-77,865
-91,451
-239,969
-189,963
-73,208
-158,875
-8,789
889
-53,700
Change in Investments
cash flow from investments
-478,237
-165,338
-318,882
-77,865
-91,451
-239,969
-189,963
-73,208
-158,875
-8,789
889
-53,700
Financing Activities
Bank loans
10,000
Group/Directors Accounts
Other Short Term Loans
100,903
Long term loans
-9,913
-9,667
33,697
Hire Purchase and Lease Commitments
other long term liabilities
share issue
100
100
interest
54,534
18,700
-1,237
181
646
610
374
461
499
585
299
142
78
cash flow from financing
145,524
19,033
32,560
181
646
610
374
461
499
585
299
142
178
cash and cash equivalents
cash
65,520
1,073,280
103,120
155,524
33,125
-104,755
49,277
65,869
-81,013
46,327
68,153
-5,431
31,183
overdraft
-10,000
10,000
change in cash
65,520
1,083,280
93,120
155,524
33,125
-104,755
49,277
65,869
-81,013
46,327
68,153
-5,431
31,183
j. h equipment ltd 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 j. h equipment ltd. Get real-time insights into j. h equipment ltd's credit score, group structure and payment trends.
Perform a competitor analysis for j. h equipment ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in DN31 area or any other competitors across 12 key performance metrics.
j. h equipment ltd Ownership
J. H EQUIPMENT LTD group structure
J. H Equipment Ltd has no subsidiary companies.
Ultimate parent company
J. H EQUIPMENT LTD
07331742
J. H EQUIPMENT LTD Shareholders
The sole shareholder of J. H Equipment Ltd is John Edwin Humphreys.
john edwin humphreys
100%
j. h equipment ltd directors
J. H Equipment Ltd currently has 1 director, Mr John Humphreys serving since Jul 2010.
46610 - Wholesale of agricultural machinery, equipment and supplies
incorporation date
July 2010
age
15
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
January 2024
previous names
N/A
accountant
-
auditor
-
address
26 south saint mary's gate, grimsby, north east lincolnshire, DN31 1LW
Bank
HSBC BANK PLC
Legal Advisor
-
j. h equipment 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 j. h equipment ltd.
j. h equipment 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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j. h equipment ltdCompanies House Filings - See Documents
