jk resourcing limited

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jk resourcing limited Company Information

Share JK RESOURCING LIMITED

Company Number

08161166

Directors

Jay Patel

Shareholders

jay patel

bharti patel

Group Structure

View All

Industry

Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.

 

Registered Address

wework, c/o price & accountants ltd, london, EC2Y 9DT

Website

-

jk resourcing limited Estimated Valuation

£34k

Pomanda estimates the enterprise value of JK RESOURCING LIMITED at £34k based on a Turnover of £282.8k and 0.12x industry multiple (adjusted for size and gross margin).

jk resourcing limited Estimated Valuation

£0

Pomanda estimates the enterprise value of JK RESOURCING LIMITED at £0 based on an EBITDA of £-132.6k and a 2.13x industry multiple (adjusted for size and gross margin).

jk resourcing limited Estimated Valuation

£42.1k

Pomanda estimates the enterprise value of JK RESOURCING LIMITED at £42.1k based on Net Assets of £33k and 1.28x industry multiple (adjusted for liquidity).

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Jk Resourcing Limited Overview

Jk Resourcing Limited is a live company located in london, EC2Y 9DT with a Companies House number of 08161166. It operates in the other activities of employment placement agencies sector, SIC Code 78109. Founded in July 2012, it's largest shareholder is jay patel with a 99.9% stake. Jk Resourcing Limited is a established, micro sized company, Pomanda has estimated its turnover at £282.8k with declining growth in recent years.

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Jk Resourcing Limited Health Check

Pomanda's financial health check has awarded Jk Resourcing Limited a 3 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 Rating3out of 5
positive_score

3 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £282.8k, make it smaller than the average company (£7.8m)

£282.8k - Jk Resourcing Limited

£7.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -37%, show it is growing at a slower rate (9.9%)

-37% - Jk Resourcing Limited

9.9% - Industry AVG

production

Production

with a gross margin of 13.3%, this company has a higher cost of product (23.7%)

13.3% - Jk Resourcing Limited

23.7% - Industry AVG

profitability

Profitability

an operating margin of -46.9% make it less profitable than the average company (2.8%)

-46.9% - Jk Resourcing Limited

2.8% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (45)

1 - Jk Resourcing Limited

45 - Industry AVG

paystructure

Pay Structure

on an average salary of £52.2k, the company has an equivalent pay structure (£52.2k)

£52.2k - Jk Resourcing Limited

£52.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £282.8k, this is more efficient (£153.4k)

£282.8k - Jk Resourcing Limited

£153.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 78 days, this is later than average (41 days)

78 days - Jk Resourcing Limited

41 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 43 days, this is slower than average (8 days)

43 days - Jk Resourcing Limited

8 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Jk Resourcing Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Jk Resourcing Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 56.2%, this is a lower level of debt than the average (67%)

56.2% - Jk Resourcing Limited

67% - Industry AVG

JK RESOURCING LIMITED financials

EXPORTms excel logo

Jk Resourcing Limited's latest turnover from April 2024 is estimated at £282.8 thousand and the company has net assets of £33 thousand. According to their latest financial statements, Jk Resourcing Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Apr 2024Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017Jul 2016Jul 2015Jul 2014Jul 2013
Turnover282,785665,1451,005,4611,116,0991,337,3371,292,8941,411,709808,242120,013107,150109,504306,372
Other Income Or Grants
Cost Of Sales245,232575,519869,052982,3841,157,3501,127,3401,231,873702,300103,49491,68493,619259,760
Gross Profit37,55289,626136,409133,715179,987165,554179,835105,94216,51915,46615,88646,612
Admin Expenses170,157148,832114,602164,262227,07087,91343,07281,70731,457-94,28927,1148,583
Operating Profit-132,605-59,20621,807-30,547-47,08377,641136,76324,235-14,938109,755-11,22838,029
Interest Payable
Interest Receivable314725214030
Pre-Tax Profit-132,605-59,20621,807-30,547-47,08377,641136,76324,238-14,791110,008-11,08838,058
Tax-4,143-14,752-25,985-4,605-22,001-8,753
Profit After Tax-132,605-59,20617,664-30,547-47,08362,889110,77819,633-14,79188,006-11,08829,305
Dividends Paid
Retained Profit-132,605-59,20617,664-30,547-47,08362,889110,77819,633-14,79188,006-11,08829,305
Employee Costs52,20749,90847,96841,88542,12544,088168,65182,91540,51640,08639,40038,065
Number Of Employees111111421111
EBITDA*-132,605-59,20621,807-30,547-47,08377,641136,76324,235-14,035110,880-9,62538,647

* Earnings Before Interest, Tax, Depreciation and Amortisation

Apr 2024Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017Jul 2016Jul 2015Jul 2014Jul 2013
Tangible Assets14,12314,33760,84861,2371,4732,7423,4562,9602,6023,1874,3121,255
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets14,12314,33760,84861,2371,4732,7423,4562,9602,6023,1874,3121,255
Stock & work in progress
Trade Debtors61,178202,600292,008296,928369,325382,104323,505173,37026,74329,0526,55256,143
Group Debtors31,50023,941
Misc Debtors49,74331,125
Cash2,31456,64444,32711,857
misc current assets
total current assets61,178202,600292,008296,928369,325382,104323,505173,370110,300140,76250,87968,000
total assets75,301216,937352,856358,165370,798384,846326,961176,330112,902143,94955,19169,255
Bank overdraft
Bank loan
Trade Creditors 29,25430,62397,342110,57083,149100,114105,11865,26571336,11039,698
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities20,94936,375
total current liabilities29,25430,62397,342110,57083,149100,114105,11865,26520,94937,08836,11039,698
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities13,09220,75430,74840,49350,000
provisions520637863251
total long term liabilities13,09220,75430,74840,49350,000520637863251
total liabilities42,34651,377128,090151,063133,149100,114105,11865,26521,46937,72536,97339,949
net assets32,955165,560224,766207,102237,649284,732221,843111,06591,433106,22418,21829,306
total shareholders funds32,955165,560224,766207,102237,649284,732221,843111,06591,433106,22418,21829,306
Apr 2024Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017Jul 2016Jul 2015Jul 2014Jul 2013
Operating Activities
Operating Profit-132,605-59,20621,807-30,547-47,08377,641136,76324,235-14,938109,755-11,22838,029
Depreciation9031,1251,603618
Amortisation
Tax-4,143-14,752-25,985-4,605-22,001-8,753
Stock
Debtors-141,422-89,408-4,920-72,397-12,77958,599150,13565,38423,86877,566-49,59156,143
Creditors-1,369-66,719-13,22827,421-16,965-5,00439,85365,265-713-35,397-3,58839,698
Accruals and Deferred Income-20,949-15,42636,375
Deferred Taxes & Provisions-520-117-226612251
Cash flow from operations7,448-36,5179,35669,271-51,269-714496-1,958-54,15912,06536,99013,700
Investing Activities
capital expenditure21446,511389-59,7641,269714-496-358-318-4,660-1,873
Change in Investments
cash flow from investments21446,511389-59,7641,269714-496-358-318-4,660-1,873
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-7,662-9,994-9,745-9,50750,000
share issue-11
interest314725214030
cash flow from financing-7,662-9,994-9,745-9,50750,000214725214031
cash and cash equivalents
cash-2,314-54,33012,31732,47011,857
overdraft
change in cash-2,314-54,33012,31732,47011,857

jk resourcing 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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Jk Resourcing Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for jk resourcing limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in EC2Y area or any other competitors across 12 key performance metrics.

jk resourcing limited Ownership

JK RESOURCING LIMITED group structure

Jk Resourcing Limited has no subsidiary companies.

Ultimate parent company

JK RESOURCING LIMITED

08161166

JK RESOURCING LIMITED Shareholders

jay patel 99.9%
bharti patel 0.1%

jk resourcing limited directors

Jk Resourcing Limited currently has 1 director, Mr Jay Patel serving since Feb 2015.

officercountryagestartendrole
Mr Jay PatelEngland63 years Feb 2015- Director

P&L

April 2024

turnover

282.8k

-57%

operating profit

-132.6k

0%

gross margin

13.3%

-1.45%

turnover

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

Balance Sheet

April 2024

net assets

33k

-0.8%

total assets

75.3k

-0.65%

cash

0

0%

net assets

Total assets minus all liabilities

jk resourcing limited company details

company number

08161166

Type

Private limited with Share Capital

industry

78109 - Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.

incorporation date

July 2012

age

13

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

April 2024

previous names

intel resourcing ltd (October 2012)

accountant

PRICE & ACCOUNTANTS LTD

auditor

-

address

wework, c/o price & accountants ltd, london, EC2Y 9DT

Bank

-

Legal Advisor

-

jk resourcing 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 jk resourcing limited.

jk resourcing 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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jk resourcing limited Companies House Filings - See Documents

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