j t c contracts ltd

j t c contracts ltd Company Information

Share J T C CONTRACTS LTD
Dissolved 

Company Number

07914713

Industry

Sale of other motor vehicles

 

Directors

John Corish

Shareholders

tracy corish

john corish

Group Structure

View All

Contact

Registered Address

saxon house saxon way, cheltenham, GL52 6QX

Website

-

j t c contracts ltd Estimated Valuation

£218k

Pomanda estimates the enterprise value of J T C CONTRACTS LTD at £218k based on a Turnover of £774.2k and 0.28x industry multiple (adjusted for size and gross margin).

j t c contracts ltd Estimated Valuation

£1k

Pomanda estimates the enterprise value of J T C CONTRACTS LTD at £1k based on an EBITDA of £321 and a 3.15x industry multiple (adjusted for size and gross margin).

j t c contracts ltd Estimated Valuation

£145.7k

Pomanda estimates the enterprise value of J T C CONTRACTS LTD at £145.7k based on Net Assets of £50.1k and 2.91x industry multiple (adjusted for liquidity).

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J T C Contracts Ltd Overview

J T C Contracts Ltd is a dissolved company that was located in cheltenham, GL52 6QX with a Companies House number of 07914713. It operated in the sale of other motor vehicles sector, SIC Code 45190. Founded in January 2012, it's largest shareholder was tracy corish with a 50% stake. The last turnover for J T C Contracts Ltd was estimated at £774.2k.

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J T C Contracts Ltd Health Check

Pomanda's financial health check has awarded J T C Contracts Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2.5out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £774.2k, make it smaller than the average company (£16m)

£774.2k - J T C Contracts Ltd

£16m - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - J T C Contracts Ltd

- - Industry AVG

production

Production

with a gross margin of 10.6%, this company has a higher cost of product (14.7%)

10.6% - J T C Contracts Ltd

14.7% - Industry AVG

profitability

Profitability

an operating margin of 0% make it less profitable than the average company (2.8%)

0% - J T C Contracts Ltd

2.8% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (79)

2 - J T C Contracts Ltd

79 - Industry AVG

paystructure

Pay Structure

on an average salary of £31.6k, the company has an equivalent pay structure (£31.6k)

£31.6k - J T C Contracts Ltd

£31.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £387.1k, this is more efficient (£328.3k)

£387.1k - J T C Contracts Ltd

£328.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 60 days, this is later than average (21 days)

60 days - J T C Contracts Ltd

21 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 41 days, this is quicker than average (49 days)

41 days - J T C Contracts Ltd

49 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - J T C Contracts Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (6 weeks)

0 weeks - J T C Contracts Ltd

6 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 61.1%, this is a lower level of debt than the average (70.4%)

61.1% - J T C Contracts Ltd

70.4% - Industry AVG

J T C CONTRACTS LTD financials

EXPORTms excel logo

J T C Contracts Ltd's latest turnover from January 2015 is estimated at £774.2 thousand and the company has net assets of £50.1 thousand. According to their latest financial statements, we estimate that J T C Contracts Ltd has 2 employees and maintains cash reserves of £218 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jan 2015Jan 2014Jan 2013
Turnover774,1521,377,066782,361
Other Income Or Grants000
Cost Of Sales691,9721,242,174703,121
Gross Profit82,180134,89179,239
Admin Expenses81,969128,40420,658
Operating Profit2116,48758,581
Interest Payable000
Interest Receivable17321441
Pre-Tax Profit3856,70158,622
Tax-81-1,541-14,069
Profit After Tax3045,16044,553
Dividends Paid000
Retained Profit3045,16044,553
Employee Costs63,28692,93760,932
Number Of Employees232
EBITDA*3216,48758,581

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jan 2015Jan 2014Jan 2013
Tangible Assets44000
Intangible Assets000
Investments & Other000
Debtors (Due After 1 year)000
Total Fixed Assets44000
Stock & work in progress000
Trade Debtors128,055198,084110,070
Group Debtors000
Misc Debtors000
Cash21869,12716,452
misc current assets000
total current assets128,273267,211126,522
total assets128,713267,211126,522
Bank overdraft000
Bank loan000
Trade Creditors 78,596217,39881,869
Group/Directors Accounts000
other short term finances000
hp & lease commitments000
other current liabilities000
total current liabilities78,596217,39881,869
loans000
hp & lease commitments000
Accruals and Deferred Income000
other liabilities000
provisions000
total long term liabilities000
total liabilities78,596217,39881,869
net assets50,11749,81344,653
total shareholders funds50,11749,81344,653
Jan 2015Jan 2014Jan 2013
Operating Activities
Operating Profit2116,48758,581
Depreciation11000
Amortisation000
Tax-81-1,541-14,069
Stock000
Debtors-70,02988,014110,070
Creditors-138,802135,52981,869
Accruals and Deferred Income000
Deferred Taxes & Provisions000
Cash flow from operations-68,53352,46116,311
Investing Activities
capital expenditure-55000
Change in Investments000
cash flow from investments-55000
Financing Activities
Bank loans000
Group/Directors Accounts000
Other Short Term Loans 000
Long term loans000
Hire Purchase and Lease Commitments000
other long term liabilities000
share issue00100
interest17321441
cash flow from financing173214141
cash and cash equivalents
cash-68,90952,67516,452
overdraft000
change in cash-68,90952,67516,452

j t c contracts 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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J T C Contracts Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for j t c contracts ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other undefined companies, companies in GL52 area or any other competitors across 12 key performance metrics.

j t c contracts ltd Ownership

J T C CONTRACTS LTD group structure

J T C Contracts Ltd has no subsidiary companies.

Ultimate parent company

J T C CONTRACTS LTD

07914713

J T C CONTRACTS LTD Shareholders

tracy corish 50%
john corish 50%

j t c contracts ltd directors

J T C Contracts Ltd currently has 1 director, Mr John Corish serving since Sep 2015.

officercountryagestartendrole
Mr John Corish59 years Sep 2015- Director

P&L

January 2015

turnover

774.2k

-44%

operating profit

211.5

0%

gross margin

10.7%

+8.37%

turnover

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

Balance Sheet

January 2015

net assets

50.1k

+0.01%

total assets

128.7k

-0.52%

cash

218

-1%

net assets

Total assets minus all liabilities

j t c contracts ltd company details

company number

07914713

Type

Private limited with Share Capital

industry

45190 - Sale of other motor vehicles

incorporation date

January 2012

age

13

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Small

last accounts submitted

January 2015

previous names

N/A

accountant

-

auditor

-

address

saxon house saxon way, cheltenham, GL52 6QX

Bank

-

Legal Advisor

-

j t c contracts 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 t c contracts ltd.

j t c contracts 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 t c contracts ltd Companies House Filings - See Documents

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