jems finance limited

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jems finance limited Company Information

Share JEMS FINANCE LIMITED

Company Number

08561565

Directors

Jill Meekings

Shareholders

jill elizabeth meekings

antony charles meekings

Group Structure

View All

Industry

Accounting, and auditing activities

 

Registered Address

victoria house, 50 alexandra street, southend-on-sea, essex, SS1 1BN

jems finance limited Estimated Valuation

£111.6k

Pomanda estimates the enterprise value of JEMS FINANCE LIMITED at £111.6k based on a Turnover of £142.3k and 0.78x industry multiple (adjusted for size and gross margin).

jems finance limited Estimated Valuation

£2.8k

Pomanda estimates the enterprise value of JEMS FINANCE LIMITED at £2.8k based on an EBITDA of £558 and a 5.05x industry multiple (adjusted for size and gross margin).

jems finance limited Estimated Valuation

£189.6k

Pomanda estimates the enterprise value of JEMS FINANCE LIMITED at £189.6k based on Net Assets of £62.7k and 3.02x industry multiple (adjusted for liquidity).

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Jems Finance Limited Overview

Jems Finance Limited is a live company located in southend-on-sea, SS1 1BN with a Companies House number of 08561565. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in June 2013, it's largest shareholder is jill elizabeth meekings with a 51% stake. Jems Finance Limited is a established, micro sized company, Pomanda has estimated its turnover at £142.3k with healthy growth in recent years.

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Jems Finance Limited Health Check

Pomanda's financial health check has awarded Jems Finance Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

2 Strong

positive_score

3 Regular

positive_score

5 Weak

size

Size

annual sales of £142.3k, make it smaller than the average company (£193.3k)

£142.3k - Jems Finance Limited

£193.3k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 10%, show it is growing at a similar rate (9%)

10% - Jems Finance Limited

9% - Industry AVG

production

Production

with a gross margin of 53%, this company has a higher cost of product (96%)

53% - Jems Finance Limited

96% - Industry AVG

profitability

Profitability

an operating margin of 0.4% make it less profitable than the average company (8.4%)

0.4% - Jems Finance Limited

8.4% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (3)

2 - Jems Finance Limited

3 - Industry AVG

paystructure

Pay Structure

on an average salary of £36.7k, the company has an equivalent pay structure (£36.7k)

£36.7k - Jems Finance Limited

£36.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £71.1k, this is equally as efficient (£80.1k)

£71.1k - Jems Finance Limited

£80.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 175 days, this is later than average (75 days)

175 days - Jems Finance Limited

75 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 32 days, this is slower than average (27 days)

32 days - Jems Finance Limited

27 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Jems Finance Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Jems Finance Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 8.6%, this is a lower level of debt than the average (50.8%)

8.6% - Jems Finance Limited

50.8% - Industry AVG

JEMS FINANCE LIMITED financials

EXPORTms excel logo

Jems Finance Limited's latest turnover from June 2024 is estimated at £142.3 thousand and the company has net assets of £62.7 thousand. According to their latest financial statements, Jems Finance Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014
Turnover142,287132,834125,667107,037111,21695,13777,77597,28312,36715,08614,890
Other Income Or Grants00000000000
Cost Of Sales66,85865,29661,34249,21449,35740,54231,82335,5905,6706,9616,128
Gross Profit75,42967,53864,32557,82361,85954,59645,95261,6936,6978,1268,762
Admin Expenses74,87067,05754,42745,78554,47545,30847,72049,61112,073-6,453-11,561
Operating Profit5594819,89812,0387,3849,288-1,76812,082-5,37614,57920,323
Interest Payable00000000000
Interest Receivable00000003213711946
Pre-Tax Profit5594819,89812,0387,3849,288-1,76812,114-5,23914,69920,368
Tax-140-120-1,881-2,287-1,403-1,7650-2,3020-2,940-4,277
Profit After Tax4193618,0179,7515,9817,523-1,7689,812-5,23911,75916,091
Dividends Paid00000000000
Retained Profit4193618,0179,7515,9817,523-1,7689,812-5,23911,75916,091
Employee Costs73,31271,41068,52261,19859,58968,49062,17057,12327,11427,94329,326
Number Of Employees22222222111
EBITDA*5594819,89812,0387,3849,288-1,76812,082-4,63115,16320,606

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014
Tangible Assets1432851111863047828851,469
Intangible Assets00000000000
Investments & Other00000000000
Debtors (Due After 1 year)00000000000
Total Fixed Assets1432851111863047828851,469
Stock & work in progress00000000000
Trade Debtors68,45767,31568,76861,36649,94943,29834,76939,7974,3734,4213,761
Group Debtors00000000000
Misc Debtors00000000000
Cash0000000025,33629,45418,256
misc current assets00000000000
total current assets68,45767,31568,76861,36649,94943,29834,76939,79729,70933,87522,017
total assets68,60067,60068,76961,36749,95043,29934,85540,10130,49134,76023,486
Bank overdraft00000000000
Bank loan00000000000
Trade Creditors 5,8935,3126,8427,4575,7915,1214,2007,6787,7806,8107,295
Group/Directors Accounts00000000000
other short term finances00000000000
hp & lease commitments00000000000
other current liabilities00000000000
total current liabilities5,8935,3126,8427,4575,7915,1214,2007,6787,7806,8107,295
loans00000000000
hp & lease commitments00000000000
Accruals and Deferred Income00000000000
other liabilities00000000000
provisions00000000000
total long term liabilities00000000000
total liabilities5,8935,3126,8427,4575,7915,1214,2007,6787,7806,8107,295
net assets62,70762,28861,92753,91044,15938,17830,65532,42322,71127,95016,191
total shareholders funds62,70762,28861,92753,91044,15938,17830,65532,42322,71127,95016,191
Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014
Operating Activities
Operating Profit5594819,89812,0387,3849,288-1,76812,082-5,37614,57920,323
Depreciation00000000745584283
Amortisation00000000000
Tax-140-120-1,881-2,287-1,403-1,7650-2,3020-2,940-4,277
Stock00000000000
Debtors1,142-1,4537,40211,4176,6518,529-5,02835,424-486603,761
Creditors581-1,530-6151,666670921-3,478-102970-4857,295
Accruals and Deferred Income00000000000
Deferred Taxes & Provisions00000000000
Cash flow from operations-142284000-85-218-25,746-3,61311,07819,863
Investing Activities
capital expenditure142-28400085218478-6420-1,752
Change in Investments00000000000
cash flow from investments142-28400085218478-6420-1,752
Financing Activities
Bank loans00000000000
Group/Directors Accounts00000000000
Other Short Term Loans 00000000000
Long term loans00000000000
Hire Purchase and Lease Commitments00000000000
other long term liabilities00000000000
share issue0000000-10000100
interest00000003213711946
cash flow from financing0000000-68137119146
cash and cash equivalents
cash0000000-25,336-4,11811,19818,256
overdraft00000000000
change in cash0000000-25,336-4,11811,19818,256

jems finance 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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Jems Finance Limited Competitor Analysis

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Perform a competitor analysis for jems finance limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in SS1 area or any other competitors across 12 key performance metrics.

jems finance limited Ownership

JEMS FINANCE LIMITED group structure

Jems Finance Limited has no subsidiary companies.

Ultimate parent company

JEMS FINANCE LIMITED

08561565

JEMS FINANCE LIMITED Shareholders

jill elizabeth meekings 51%
antony charles meekings 49%

jems finance limited directors

Jems Finance Limited currently has 1 director, Mrs Jill Meekings serving since Jun 2013.

officercountryagestartendrole
Mrs Jill Meekings71 years Jun 2013- Director

P&L

June 2024

turnover

142.3k

+7%

operating profit

558.7

0%

gross margin

53.1%

+4.26%

turnover

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

Balance Sheet

June 2024

net assets

62.7k

+0.01%

total assets

68.6k

+0.01%

cash

0

0%

net assets

Total assets minus all liabilities

jems finance limited company details

company number

08561565

Type

Private limited with Share Capital

industry

69201 - Accounting, and auditing activities

incorporation date

June 2013

age

12

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

June 2024

previous names

jill meekings limited (June 2014)

accountant

-

auditor

-

address

victoria house, 50 alexandra street, southend-on-sea, essex, SS1 1BN

Bank

-

Legal Advisor

-

jems finance 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 jems finance limited.

jems finance 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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jems finance limited Companies House Filings - See Documents

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