jlg group plc
jlg group plc Company Information
Company Number
08062555
Next Accounts
1120 days late
Shareholders
raven nominees ltd
eco quest plc
View AllGroup Structure
View All
Industry
Credit granting by non-deposit taking finance houses and other specialist consumer credit grantors
Registered Address
2nd floor 110 cannon street, london, EC4N 6EU
Website
http://just-loans.comjlg group plc Estimated Valuation
Pomanda estimates the enterprise value of JLG GROUP PLC at £56.2m based on a Turnover of £18.6m and 3.03x industry multiple (adjusted for size and gross margin).
jlg group plc Estimated Valuation
Pomanda estimates the enterprise value of JLG GROUP PLC at £21.3m based on an EBITDA of £1.9m and a 11.03x industry multiple (adjusted for size and gross margin).
jlg group plc Estimated Valuation
Pomanda estimates the enterprise value of JLG GROUP PLC at £0 based on Net Assets of £-31m and 2.41x industry multiple (adjusted for liquidity).
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Jlg Group Plc Overview
Jlg Group Plc is a live company located in london, EC4N 6EU with a Companies House number of 08062555. It operates in the credit granting by non-deposit taking finance houses and other specialist consumer credit grantors sector, SIC Code 64921. Founded in May 2012, it's largest shareholder is raven nominees ltd with a 82.4% stake. Jlg Group Plc is a established, mid sized company, Pomanda has estimated its turnover at £18.6m with rapid growth in recent years.
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Jlg Group Plc Health Check
Pomanda's financial health check has awarded Jlg Group Plc a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 1 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
1 Weak
Size
annual sales of £18.6m, make it larger than the average company (£7.8m)
£18.6m - Jlg Group Plc
£7.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 45%, show it is growing at a faster rate (7.1%)
45% - Jlg Group Plc
7.1% - Industry AVG
Production
with a gross margin of 94%, this company has a lower cost of product (23%)
94% - Jlg Group Plc
23% - Industry AVG
Profitability
an operating margin of 5% make it as profitable than the average company (5.6%)
5% - Jlg Group Plc
5.6% - Industry AVG
Employees
with 71 employees, this is above the industry average (19)
71 - Jlg Group Plc
19 - Industry AVG
Pay Structure
on an average salary of £48.4k, the company has an equivalent pay structure (£56.4k)
£48.4k - Jlg Group Plc
£56.4k - Industry AVG
Efficiency
resulting in sales per employee of £261.3k, this is more efficient (£200.2k)
£261.3k - Jlg Group Plc
£200.2k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Jlg Group Plc
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Jlg Group Plc
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Jlg Group Plc
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 13 weeks, this is more cash available to meet short term requirements (8 weeks)
13 weeks - Jlg Group Plc
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 125.8%, this is a higher level of debt than the average (100%)
125.8% - Jlg Group Plc
100% - Industry AVG
JLG GROUP PLC financials
Jlg Group Plc's latest turnover from December 2019 is £18.6 million and the company has net assets of -£31 million. According to their latest financial statements, Jlg Group Plc has 71 employees and maintains cash reserves of £21.1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Jun 2014 | Jun 2013 | |
|---|---|---|---|---|---|---|---|
| Turnover | 18,554,926 | 12,010,309 | 9,747,759 | 6,037,550 | 4,459,702 | 159,002 | |
| Other Income Or Grants | |||||||
| Cost Of Sales | 1,108,280 | 2,383,323 | 3,874,348 | 2,932,074 | 3,222,785 | ||
| Gross Profit | 17,446,646 | 9,626,986 | 5,873,411 | 3,105,476 | 1,236,917 | 159,002 | |
| Admin Expenses | 16,528,343 | 5,827,511 | 5,889,646 | 3,460,387 | 3,466,741 | 1,866,068 | 493,969 |
| Operating Profit | 918,303 | 3,799,475 | -16,235 | -354,911 | -2,229,824 | -1,707,066 | -493,969 |
| Interest Payable | 12,266,123 | 8,859,929 | 6,660,616 | 4,302,403 | 3,661,280 | 1,023,640 | 36,981 |
| Interest Receivable | |||||||
| Pre-Tax Profit | -11,347,820 | -5,060,454 | -4,748,427 | -4,901,881 | -5,916,922 | -2,730,706 | -530,950 |
| Tax | 48,657 | 74,017 | 194,012 | 43,790 | |||
| Profit After Tax | -11,299,163 | -4,986,437 | -4,554,415 | -4,858,091 | -5,916,922 | -2,730,706 | -530,950 |
| Dividends Paid | |||||||
| Retained Profit | -7,428,836 | -9,910,054 | -4,375,267 | -4,858,091 | -5,936,736 | -2,710,892 | -530,950 |
| Employee Costs | 3,439,001 | 3,232,616 | 1,505,497 | 1,086,517 | 1,432,395 | 627,333 | 232,050 |
| Number Of Employees | 71 | 49 | 37 | 21 | 18 | 10 | 7 |
| EBITDA* | 1,930,355 | 4,640,478 | 6,963 | -354,911 | -2,229,824 | -1,707,066 | -493,969 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Jun 2014 | Jun 2013 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 31,185,040 | 36,339,229 | 20,196,723 | 10,036,267 | 5,767,193 | 17,314 | |
| Intangible Assets | 392,267 | 392,267 | 392,267 | 37,950 | |||
| Investments & Other | 30,860,104 | 18,239,886 | 3,571,942 | 917,906 | 17,314 | ||
| Debtors (Due After 1 year) | 165,401 | 3,247,855 | 4,881,178 | 9,061,681 | 4,822,009 | ||
| Total Fixed Assets | 31,577,307 | 36,731,496 | 20,588,990 | 10,036,267 | 5,805,143 | 17,314 | |
| Stock & work in progress | 17,458 | 44,275 | 14,828 | ||||
| Trade Debtors | |||||||
| Group Debtors | |||||||
| Misc Debtors | 945,526 | 2,194,226 | 569,569 | 339,880 | 475,857 | 2,122,048 | 493,298 |
| Cash | 21,098,817 | 23,849,186 | 8,333,512 | 1,783,282 | 3,084,036 | 6,285,912 | 4,066 |
| misc current assets | 66,456,946 | 48,075,426 | 28,567,200 | 17,653,553 | 7,940,010 | 1,095,355 | |
| total current assets | 88,501,289 | 74,136,296 | 37,514,556 | 19,791,543 | 11,499,903 | 9,503,315 | 497,364 |
| total assets | 120,078,596 | 110,867,792 | 58,103,546 | 29,827,810 | 17,305,046 | 9,520,629 | 497,364 |
| Bank overdraft | |||||||
| Bank loan | |||||||
| Trade Creditors | 535,967 | 1,072,318 | 521,497 | 242,995 | 96,447 | ||
| Group/Directors Accounts | |||||||
| other short term finances | 78,720,074 | 52,502,340 | 14,836,312 | 6,794,814 | 6,368,424 | ||
| hp & lease commitments | 65,582 | ||||||
| other current liabilities | 3,233,523 | 3,625,080 | 3,050,692 | 728,472 | 1,175,524 | 524,326 | 350,652 |
| total current liabilities | 82,019,179 | 56,663,387 | 18,959,322 | 8,044,783 | 7,786,943 | 620,773 | 350,652 |
| loans | 138,036,890 | 155,437,894 | 104,969,618 | 71,389,294 | 37,263,362 | 24,183,396 | 1,255,324 |
| hp & lease commitments | 78,793 | ||||||
| Accruals and Deferred Income | |||||||
| other liabilities | |||||||
| provisions | |||||||
| total long term liabilities | 69,018,445 | 77,718,947 | 52,484,809 | 35,694,647 | 18,631,681 | 12,091,698 | 627,662 |
| total liabilities | 151,037,624 | 134,382,334 | 71,444,131 | 43,739,430 | 26,418,624 | 12,712,471 | 978,314 |
| net assets | -30,959,028 | -23,514,542 | -13,795,533 | -13,911,620 | -9,113,578 | -3,191,842 | -480,950 |
| total shareholders funds | -30,959,028 | -23,514,542 | -13,795,533 | -13,911,620 | -9,113,578 | -3,191,842 | -480,950 |
| Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Jun 2014 | Jun 2013 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | 918,303 | 3,799,475 | -16,235 | -354,911 | -2,229,824 | -1,707,066 | -493,969 |
| Depreciation | 1,012,052 | 841,003 | 23,198 | ||||
| Amortisation | |||||||
| Tax | 48,657 | 74,017 | 194,012 | 43,790 | |||
| Stock | -17,458 | -26,817 | 29,447 | 14,828 | |||
| Debtors | -4,331,154 | -8,666 | -3,950,814 | 4,103,695 | 3,175,818 | 1,628,750 | 493,298 |
| Creditors | -535,967 | -536,351 | 550,821 | 278,502 | 146,548 | 96,447 | |
| Accruals and Deferred Income | -391,557 | 574,388 | 2,322,220 | -447,052 | 651,198 | 173,674 | 350,652 |
| Deferred Taxes & Provisions | |||||||
| Cash flow from operations | 5,400,100 | 4,788,015 | 6,995,383 | -4,598,194 | -4,607,896 | -3,065,695 | -636,615 |
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 12,620,218 | 14,667,944 | 2,654,036 | 917,906 | -17,314 | 17,314 | |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | |||||||
| Group/Directors Accounts | |||||||
| Other Short Term Loans | 26,217,734 | 37,666,028 | 8,041,498 | 426,390 | 6,368,424 | ||
| Long term loans | -17,401,004 | 50,468,276 | 33,580,324 | 34,125,932 | 13,079,966 | 22,928,072 | 1,255,324 |
| Hire Purchase and Lease Commitments | 144,375 | ||||||
| other long term liabilities | |||||||
| share issue | |||||||
| interest | -12,266,123 | -8,859,929 | -6,660,616 | -4,302,403 | -3,661,280 | -1,023,640 | -36,981 |
| cash flow from financing | -3,320,668 | 79,465,420 | 39,452,560 | 30,309,968 | 15,802,110 | 21,904,432 | 1,268,343 |
| cash and cash equivalents | |||||||
| cash | -2,750,369 | 15,515,674 | 6,550,230 | -1,300,754 | -3,201,876 | 6,281,846 | 4,066 |
| overdraft | |||||||
| change in cash | -2,750,369 | 15,515,674 | 6,550,230 | -1,300,754 | -3,201,876 | 6,281,846 | 4,066 |
jlg group plc Credit Report and Business Information
Jlg Group Plc Competitor Analysis
Perform a competitor analysis for jlg group plc by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mid companies, companies in EC4N area or any other competitors across 12 key performance metrics.
jlg group plc Ownership
JLG GROUP PLC group structure
Jlg Group Plc has 26 subsidiary companies.
Ultimate parent company
JLG GROUP PLC
08062555
26 subsidiaries
jlg group plc directors
Jlg Group Plc currently has 2 directors. The longest serving directors include Mr John McLellan (Nov 2012) and Mr Michael Smith (Nov 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John McLellan | United Kingdom | 57 years | Nov 2012 | - | Director |
| Mr Michael Smith | England | 65 years | Nov 2018 | - | Director |
P&L
December 2019turnover
18.6m
+54%
operating profit
918.3k
-76%
gross margin
94.1%
+17.31%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2019net assets
-31m
+0.32%
total assets
120.1m
+0.08%
cash
21.1m
-0.12%
net assets
Total assets minus all liabilities
jlg group plc company details
company number
08062555
Type
Public limited with Share Capital
industry
64921 - Credit granting by non-deposit taking finance houses and other specialist consumer credit grantors
incorporation date
May 2012
age
13
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2019
previous names
the just loans group plc (July 2018)
just loans plc (September 2014)
accountant
-
auditor
JEFFREYS HENRY LLP
address
2nd floor 110 cannon street, london, EC4N 6EU
Bank
SANTANDER BANK PLC
Legal Advisor
DWF LLP
jlg group plc 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 11 charges/mortgages relating to jlg group plc. Currently there are 10 open charges and 1 have been satisfied in the past.
jlg group plc 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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jlg group plc Companies House Filings - See Documents
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