Pomanda estimates the enterprise value of JB DRAX HONORE (UK) LIMITED at £244.8m based on a Turnover of £123.1m and 1.99x industry multiple (adjusted for size and gross margin).
jb drax honore (uk) limitedEstimated Valuation
£272.7m
Pomanda estimates the enterprise value of JB DRAX HONORE (UK) LIMITED at £272.7m based on an EBITDA of £24.5m and a 11.11x industry multiple (adjusted for size and gross margin).
jb drax honore (uk) limitedEstimated Valuation
£95.3m
Pomanda estimates the enterprise value of JB DRAX HONORE (UK) LIMITED at £95.3m based on Net Assets of £55.4m and 1.72x industry multiple (adjusted for liquidity).
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Jb Drax Honore (uk) LimitedOverview
Jb Drax Honore (uk) Limited is a live company located in london, EC2V 7JE with a Companies House number of 08137487. It operates in the activities of insurance agents and brokers sector, SIC Code 66220. Founded in July 2012, it's largest shareholder is
jb honore sarl
with a 100% stake. Jb Drax Honore (uk) Limited is a established,
mega sized company, Pomanda has estimated its turnover at
£123.1m with
high
growth in recent years.
Pomanda's financial health check has awarded Jb Drax Honore (Uk) Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating4.5out of 5
5 Strong
3 Regular
3 Weak
Size
annual sales of £123.1m, make it larger than the average company (£3m)
£123.1m - Jb Drax Honore (uk) Limited
£3m - Industry AVG
Growth
3 year (CAGR) sales growth of 15%, show it is growing at a faster rate (6.9%)
15% - Jb Drax Honore (uk) Limited
6.9% - Industry AVG
Production
with a gross margin of 90.3%, this company has a comparable cost of product (95.3%)
90.3% - Jb Drax Honore (uk) Limited
95.3% - Industry AVG
Profitability
an operating margin of 19.6% make it as profitable than the average company (19.3%)
19.6% - Jb Drax Honore (uk) Limited
19.3% - Industry AVG
Employees
with 96 employees, this is above the industry average (19)
96 - Jb Drax Honore (uk) Limited
19 - Industry AVG
Pay Structure
on an average salary of £717.1k, the company has a higher pay structure (£52.3k)
£717.1k - Jb Drax Honore (uk) Limited
£52.3k - Industry AVG
Efficiency
resulting in sales per employee of £1.3m, this is more efficient (£125.7k)
£1.3m - Jb Drax Honore (uk) Limited
£125.7k - Industry AVG
Debtor Days
it gets paid by customers after 12 days, this is earlier than average (72 days)
12 days - Jb Drax Honore (uk) Limited
72 days - Industry AVG
Creditor Days
its suppliers are paid after 13 days, this is quicker than average (150 days)
13 days - Jb Drax Honore (uk) Limited
150 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Jb Drax Honore (uk) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 21 weeks, this is less cash available to meet short term requirements (33 weeks)
21 weeks - Jb Drax Honore (uk) Limited
33 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 61.3%, this is a similar level of debt than the average (58.1%)
61.3% - Jb Drax Honore (uk) Limited
58.1% - Industry AVG
JB DRAX HONORE (UK) LIMITED financials
EXPORT
Jb Drax Honore (Uk) Limited's latest turnover from December 2023 is £123.1 million and the company has net assets of £55.4 million. According to their latest financial statements, Jb Drax Honore (Uk) Limited has 96 employees and maintains cash reserves of £36 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Turnover
123,061,727
150,920,631
85,169,426
80,135,353
62,252,041
59,382,245
61,110,144
52,159,768
41,335,613
42,363,685
66,006,047
Other Income Or Grants
Cost Of Sales
11,896,580
13,008,003
9,045,215
8,755,723
7,334,163
6,730,653
7,331,066
5,147,543
4,541,370
4,054,790
4,788,002
Gross Profit
111,165,147
137,912,628
76,124,211
71,379,630
54,917,878
52,651,592
53,779,078
47,012,225
36,794,243
38,308,895
61,218,045
Admin Expenses
87,084,482
107,032,244
60,633,287
69,376,393
54,443,172
41,134,031
40,073,983
36,920,914
33,170,547
36,335,554
56,053,624
Operating Profit
24,080,665
30,880,384
15,490,924
2,003,237
474,706
11,517,561
13,705,095
10,091,311
3,623,696
1,973,341
5,164,421
Interest Payable
8,472,151
5,295,560
3,744,742
2,388
51
1,205
Interest Receivable
9,835,139
6,461,197
3,726,814
21,861
553
277
1,402
739
558
Pre-Tax Profit
41,507,453
32,046,021
15,472,996
13,434,815
11,855,352
17,652,848
13,705,095
10,091,588
3,622,710
1,974,029
5,163,774
Tax
-6,935,411
-6,251,242
-2,909,390
-1,127,967
-230,793
-2,623,394
-2,556,763
-2,009,762
-713,269
-771,909
-1,100,578
Profit After Tax
34,572,042
25,794,779
12,563,606
12,306,848
11,624,559
15,029,454
11,148,332
8,081,826
2,909,441
1,202,120
4,063,196
Dividends Paid
15,099,072
12,009,115
23,000,000
15,000,000
11,000,000
9,000,000
5,071,436
400,000
Retained Profit
19,472,970
13,785,664
12,563,606
-10,693,152
-3,375,441
4,029,454
2,148,332
3,010,390
2,509,441
1,202,120
4,063,196
Employee Costs
68,842,564
89,608,361
48,634,862
48,982,651
33,687,628
29,038,950
28,873,183
28,281,446
19,605,078
17,088,316
20,204,158
Number Of Employees
96
88
87
78
67
63
60
52
51
60
64
EBITDA*
24,537,631
31,176,724
15,745,604
2,244,444
589,849
11,634,750
13,869,724
10,275,574
3,843,564
2,260,063
5,461,203
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Tangible Assets
939,744
795,864
905,620
801,523
936,910
220,850
294,940
320,993
397,427
570,928
773,583
Intangible Assets
Investments & Other
713,643
713,643
713,643
713,643
713,643
713,643
11,000
11,000
11,000
11,000
11,000
Debtors (Due After 1 year)
Total Fixed Assets
1,653,387
1,509,507
1,619,263
1,515,166
1,650,553
934,493
305,940
331,993
408,427
581,928
784,583
Stock & work in progress
Trade Debtors
4,081,142
1,777,284
2,380,094
1,140,763
1,347,125
2,064,994
1,911,159
2,663,322
4,272,584
2,635,347
5,189,109
Group Debtors
38,932,069
101,461,180
69,213,775
548,937
2,132,290
1,506,217
6,160,827
1,318,677
557,472
1,165,633
386,282
Misc Debtors
62,519,532
26,383,192
16,612,706
28,210,465
51,136,210
12,234,344
9,321,539
11,086,459
11,808,434
3,808,307
4,916,488
Cash
36,015,653
59,901,948
34,226,243
14,486,287
3,103,921
22,401,588
13,526,842
17,194,434
6,880,416
18,185,904
10,066,195
misc current assets
total current assets
141,548,396
189,523,604
122,432,818
44,386,452
57,719,546
38,207,143
30,920,367
32,262,892
23,518,906
25,795,191
20,558,074
total assets
143,201,783
191,033,111
124,052,081
45,901,618
59,370,099
39,141,636
31,226,307
32,594,885
23,927,333
26,377,119
21,342,657
Bank overdraft
Bank loan
Trade Creditors
446,521
428,645
832,445
2,393,936
10,893,657
2,799,780
954,462
963,506
433,875
407,298
499,845
Group/Directors Accounts
19,541,768
27,099,752
13,755,426
11,920,122
14,690,331
629,189
562,203
236,248
138,246
other short term finances
43,393,442
2,130,622
hp & lease commitments
other current liabilities
24,400,830
40,388,661
24,175,439
18,996,852
13,495,977
12,047,091
10,776,163
14,609,984
9,718,701
9,545,468
5,482,333
total current liabilities
87,782,561
67,917,058
40,893,932
33,310,910
39,079,965
15,476,060
12,292,828
15,809,738
10,152,576
9,952,766
6,120,424
loans
87,169,801
60,997,561
hp & lease commitments
Accruals and Deferred Income
other liabilities
2,993,726
provisions
total long term liabilities
87,169,801
60,997,561
2,993,726
total liabilities
87,782,561
155,086,859
101,891,493
36,304,636
39,079,965
15,476,060
12,292,828
15,809,738
10,152,576
9,952,766
6,120,424
net assets
55,419,222
35,946,252
22,160,588
9,596,982
20,290,134
23,665,576
18,933,479
16,785,147
13,774,757
16,424,353
15,222,233
total shareholders funds
55,419,222
35,946,252
22,160,588
9,596,982
20,290,134
23,665,576
18,933,479
16,785,147
13,774,757
16,424,353
15,222,233
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Operating Activities
Operating Profit
24,080,665
30,880,384
15,490,924
2,003,237
474,706
11,517,561
13,705,095
10,091,311
3,623,696
1,973,341
5,164,421
Depreciation
456,966
296,340
254,680
241,207
115,143
117,189
164,629
184,263
219,868
286,722
296,782
Amortisation
Tax
-6,935,411
-6,251,242
-2,909,390
-1,127,967
-230,793
-2,623,394
-2,556,763
-2,009,762
-713,269
-771,909
-1,100,578
Stock
Debtors
-24,088,913
41,415,081
58,306,410
-24,715,460
38,810,070
-1,587,970
2,325,067
-1,570,032
9,029,203
-2,882,592
10,491,879
Creditors
17,876
-403,800
-1,561,491
-8,499,721
8,093,877
1,845,318
-9,044
529,631
26,577
-92,547
499,845
Accruals and Deferred Income
-15,987,831
16,213,222
5,178,587
5,500,875
1,448,886
1,270,928
-3,833,821
4,891,283
173,233
4,063,135
5,482,333
Deferred Taxes & Provisions
Cash flow from operations
25,721,178
-680,177
-41,853,100
22,833,091
-28,908,251
13,715,572
5,145,029
15,256,758
-5,699,098
8,341,334
-149,076
Investing Activities
capital expenditure
-43,100
-138,576
-107,829
-67,465
-85,084
-1,080,668
Change in Investments
702,643
11,000
cash flow from investments
-745,743
-138,576
-107,829
-67,465
-85,084
-1,091,668
Financing Activities
Bank loans
Group/Directors Accounts
-7,557,984
13,344,326
1,835,304
-2,770,209
14,061,142
66,986
325,955
236,248
-138,246
138,246
Other Short Term Loans
43,393,442
-2,130,622
2,130,622
Long term loans
-87,169,801
26,172,240
60,997,561
Hire Purchase and Lease Commitments
other long term liabilities
-2,993,726
2,993,726
share issue
-1
702,643
-5,159,037
11,159,037
interest
1,362,988
1,165,637
-17,928
21,861
553
277
-986
688
-647
cash flow from financing
-49,971,355
38,551,581
61,951,833
223,517
14,083,002
770,182
325,955
236,525
-5,160,023
-137,558
11,296,636
cash and cash equivalents
cash
-23,886,295
25,675,705
19,739,956
11,382,366
-19,297,667
8,874,746
-3,667,592
10,314,018
-11,305,488
8,119,709
10,066,195
overdraft
change in cash
-23,886,295
25,675,705
19,739,956
11,382,366
-19,297,667
8,874,746
-3,667,592
10,314,018
-11,305,488
8,119,709
10,066,195
jb drax honore (uk) limited 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 jb drax honore (uk) limited. Get real-time insights into jb drax honore (uk) limited's credit score, group structure and payment trends.
Perform a competitor analysis for jb drax honore (uk) limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mega companies, companies in EC2V area or any other competitors across 12 key performance metrics.
jb drax honore (uk) limited Ownership
JB DRAX HONORE (UK) LIMITED group structure
Jb Drax Honore (Uk) Limited has 1 subsidiary company.
The sole shareholder of Jb Drax Honore (Uk) Limited is Jb Honore Sarl.
jb honore sarl
100%
jb drax honore (uk) limited directors
Jb Drax Honore (Uk) Limited currently has 2 directors.
The longest serving directors include
Mr Jonathan Glassberg (Jul 2012) and
Mr Benn Shepherd (Nov 2023).
66220 - Activities of insurance agents and brokers
incorporation date
July 2012
age
13
incorporated
UK
ultimate parent company
JB HONORE SARL
accounts
Full Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
BDO LLP
address
20 gresham street, london, EC2V 7JE
Bank
-
Legal Advisor
-
jb drax honore (uk) 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 4 charges/mortgages relating to jb drax honore (uk) limited. Currently there are 1 open charges and 3 have been satisfied in the past.
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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jb drax honore (uk) limitedCompanies House Filings - See Documents
