j j accountants limited

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j j accountants limited Company Information

Share J J ACCOUNTANTS LIMITED

Company Number

07933170

Directors

Paul Fitton

Shareholders

paul fitton

Group Structure

View All

Industry

Tax consultancy

 

Registered Address

ol13 9aa king george chambers, bacup, lancashire, OL13 9AA

j j accountants limited Estimated Valuation

£64.1k

Pomanda estimates the enterprise value of J J ACCOUNTANTS LIMITED at £64.1k based on a Turnover of £93.2k and 0.69x industry multiple (adjusted for size and gross margin).

j j accountants limited Estimated Valuation

£98.6k

Pomanda estimates the enterprise value of J J ACCOUNTANTS LIMITED at £98.6k based on an EBITDA of £21k and a 4.7x industry multiple (adjusted for size and gross margin).

j j accountants limited Estimated Valuation

£64.8k

Pomanda estimates the enterprise value of J J ACCOUNTANTS LIMITED at £64.8k based on Net Assets of £15.5k and 4.19x industry multiple (adjusted for liquidity).

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J J Accountants Limited Overview

J J Accountants Limited is a live company located in bacup, OL13 9AA with a Companies House number of 07933170. It operates in the tax consultancy sector, SIC Code 69203. Founded in February 2012, it's largest shareholder is paul fitton with a 100% stake. J J Accountants Limited is a established, micro sized company, Pomanda has estimated its turnover at £93.2k with healthy growth in recent years.

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J J Accountants Limited Health Check

Pomanda's financial health check has awarded J J Accountants Limited a 2.5 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 Rating2.5out of 5
positive_score

3 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £93.2k, make it smaller than the average company (£246.9k)

£93.2k - J J Accountants Limited

£246.9k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (8.2%)

14% - J J Accountants Limited

8.2% - Industry AVG

production

Production

with a gross margin of 46.7%, this company has a higher cost of product (80.3%)

46.7% - J J Accountants Limited

80.3% - Industry AVG

profitability

Profitability

an operating margin of 22.5% make it more profitable than the average company (6.2%)

22.5% - J J Accountants Limited

6.2% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (4)

2 - J J Accountants Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £51.2k, the company has an equivalent pay structure (£51.2k)

£51.2k - J J Accountants Limited

£51.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £46.6k, this is less efficient (£87.7k)

£46.6k - J J Accountants Limited

£87.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 218 days, this is later than average (108 days)

218 days - J J Accountants Limited

108 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 61 days, this is slower than average (33 days)

61 days - J J Accountants Limited

33 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - J J Accountants Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - J J Accountants Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 72.3%, this is a higher level of debt than the average (54.9%)

72.3% - J J Accountants Limited

54.9% - Industry AVG

J J ACCOUNTANTS LIMITED financials

EXPORTms excel logo

J J Accountants Limited's latest turnover from February 2024 is estimated at £93.2 thousand and the company has net assets of £15.5 thousand. According to their latest financial statements, J J Accountants Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013
Turnover93,24271,12581,56162,66254,07876,34532,46880,93194,1433254,2331,968
Other Income Or Grants
Cost Of Sales49,74044,69750,34837,57727,24628,64012,38540,40333,6821101,338628
Gross Profit43,50126,42831,21325,08526,83247,70520,08340,52860,4612152,8951,340
Admin Expenses22,52630,26319,37613,95327,86050,05027,44245,73156,786-955,695649
Operating Profit20,975-3,83511,83711,132-1,028-2,345-7,359-5,2033,675310-2,800691
Interest Payable
Interest Receivable611
Pre-Tax Profit20,975-3,83511,83711,132-1,028-2,345-7,359-5,1973,686310-2,800691
Tax-5,244-2,249-2,115-737-65-166
Profit After Tax15,731-3,8359,5889,017-1,028-2,345-7,359-5,1972,949245-2,800525
Dividends Paid
Retained Profit15,731-3,8359,5889,017-1,028-2,345-7,359-5,1972,949245-2,800525
Employee Costs102,33897,35362,58860,82970,22189,55538,98034,12140,50143,77753,84647,072
Number Of Employees222222111111
EBITDA*20,975-3,83511,83711,132-1,028-2,345-7,359-5,2033,675310-2,800691

* Earnings Before Interest, Tax, Depreciation and Amortisation

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors55,85739,77053,55649,06023,93930,31816,93026,74824,439925525
Group Debtors
Misc Debtors
Cash4,582222
misc current assets
total current assets55,85739,77053,55649,06023,93930,31816,93026,74829,0212927527
total assets55,85739,77053,55649,06023,93930,31816,93026,74829,0212927527
Bank overdraft
Bank loan
Trade Creditors 8,3722,3997,3013,0531,0966,3204881,5283,6792,0303,200
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities8,3722,3997,3013,0531,0966,3204881,5283,6792,0303,200
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities31,99437,61142,66052,00037,85337,98028,07929,49824,421
provisions
total long term liabilities31,99437,61142,66052,00037,85337,98028,07929,49824,421
total liabilities40,36640,01049,96155,05338,94944,30028,56731,02628,1002,0303,200
net assets15,491-2403,595-5,993-15,010-13,982-11,637-4,278921-2,028-2,273527
total shareholders funds15,491-2403,595-5,993-15,010-13,982-11,637-4,278921-2,028-2,273527
Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013
Operating Activities
Operating Profit20,975-3,83511,83711,132-1,028-2,345-7,359-5,2033,675310-2,800691
Depreciation
Amortisation
Tax-5,244-2,249-2,115-737-65-166
Stock
Debtors16,087-13,7864,49625,121-6,37913,388-9,8182,30924,439-925400525
Creditors5,973-4,9024,2481,957-5,2245,832-1,040-2,1511,649-1,1703,200
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations5,6175,0499,340-14,147127-9,9011,419-9,663-19,852
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-5,617-5,049-9,34014,147-1279,901-1,4195,07724,421
share issue-22
interest611
cash flow from financing-5,617-5,049-9,34014,147-1279,901-1,4195,08124,4322
cash and cash equivalents
cash-4,5824,5802
overdraft
change in cash-4,5824,5802

j j accountants 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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J J Accountants Limited Competitor Analysis

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Perform a competitor analysis for j j accountants limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in OL13 area or any other competitors across 12 key performance metrics.

j j accountants limited Ownership

J J ACCOUNTANTS LIMITED group structure

J J Accountants Limited has no subsidiary companies.

Ultimate parent company

J J ACCOUNTANTS LIMITED

07933170

J J ACCOUNTANTS LIMITED Shareholders

paul fitton 100%

j j accountants limited directors

J J Accountants Limited currently has 1 director, Mr Paul Fitton serving since Feb 2012.

officercountryagestartendrole
Mr Paul FittonEngland76 years Feb 2012- Director

P&L

February 2024

turnover

93.2k

+31%

operating profit

21k

0%

gross margin

46.7%

+25.56%

turnover

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

Balance Sheet

February 2024

net assets

15.5k

-65.55%

total assets

55.9k

+0.4%

cash

0

0%

net assets

Total assets minus all liabilities

j j accountants limited company details

company number

07933170

Type

Private limited with Share Capital

industry

69203 - Tax consultancy

incorporation date

February 2012

age

13

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

February 2024

previous names

N/A

accountant

-

auditor

-

address

ol13 9aa king george chambers, bacup, lancashire, OL13 9AA

Bank

-

Legal Advisor

-

j j accountants 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 j j accountants limited.

j j accountants 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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j j accountants limited Companies House Filings - See Documents

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