jmc accountancy limited

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jmc accountancy limited Company Information

Share JMC ACCOUNTANCY LIMITED

Company Number

08837506

Shareholders

toni sculthorpe

Group Structure

View All

Industry

Bookkeeping activities

 +1

Registered Address

l19 south fens business centre, fenton way, chatteris, cambridgeshire, PE16 6TT

jmc accountancy limited Estimated Valuation

£81.5k

Pomanda estimates the enterprise value of JMC ACCOUNTANCY LIMITED at £81.5k based on a Turnover of £141.6k and 0.58x industry multiple (adjusted for size and gross margin).

jmc accountancy limited Estimated Valuation

£0

Pomanda estimates the enterprise value of JMC ACCOUNTANCY LIMITED at £0 based on an EBITDA of £-3.9k and a 3.33x industry multiple (adjusted for size and gross margin).

jmc accountancy limited Estimated Valuation

£0

Pomanda estimates the enterprise value of JMC ACCOUNTANCY LIMITED at £0 based on Net Assets of £-7.5k and 3.36x industry multiple (adjusted for liquidity).

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Jmc Accountancy Limited Overview

Jmc Accountancy Limited is a live company located in chatteris, PE16 6TT with a Companies House number of 08837506. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in January 2014, it's largest shareholder is toni sculthorpe with a 100% stake. Jmc Accountancy Limited is a established, micro sized company, Pomanda has estimated its turnover at £141.6k with rapid growth in recent years.

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Jmc Accountancy Limited Health Check

Pomanda's financial health check has awarded Jmc Accountancy Limited a 1.5 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 Rating1.5out of 5
positive_score

3 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £141.6k, make it smaller than the average company (£191.7k)

£141.6k - Jmc Accountancy Limited

£191.7k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 40%, show it is growing at a faster rate (6.6%)

40% - Jmc Accountancy Limited

6.6% - Industry AVG

production

Production

with a gross margin of 37.6%, this company has a higher cost of product (78.2%)

37.6% - Jmc Accountancy Limited

78.2% - Industry AVG

profitability

Profitability

an operating margin of -2.8% make it less profitable than the average company (6.9%)

-2.8% - Jmc Accountancy Limited

6.9% - Industry AVG

employees

Employees

with 4 employees, this is above the industry average (3)

4 - Jmc Accountancy Limited

3 - Industry AVG

paystructure

Pay Structure

on an average salary of £29.2k, the company has an equivalent pay structure (£29.2k)

£29.2k - Jmc Accountancy Limited

£29.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £35.4k, this is less efficient (£72.7k)

£35.4k - Jmc Accountancy Limited

£72.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 130 days, this is later than average (69 days)

130 days - Jmc Accountancy Limited

69 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 164 days, this is slower than average (17 days)

164 days - Jmc Accountancy Limited

17 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Jmc Accountancy Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Jmc Accountancy Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 114.2%, this is a higher level of debt than the average (60.2%)

114.2% - Jmc Accountancy Limited

60.2% - Industry AVG

JMC ACCOUNTANCY LIMITED financials

EXPORTms excel logo

Jmc Accountancy Limited's latest turnover from December 2023 is estimated at £141.6 thousand and the company has net assets of -£7.5 thousand. According to their latest financial statements, Jmc Accountancy Limited has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014
Turnover141,585107,39794,78951,14349,21137,56047,81644,11749,36313,039
Other Income Or Grants0000000000
Cost Of Sales88,31657,75750,51324,30520,11813,05616,20216,78119,4615,446
Gross Profit53,27049,64144,27526,83929,09324,50431,61327,33629,9017,593
Admin Expenses57,19251,75136,54036,52333,85020,68032,92126,65423,2858,519
Operating Profit-3,922-2,1107,735-9,684-4,7573,824-1,3086826,616-926
Interest Payable000004140000
Interest Receivable0000664827104
Pre-Tax Profit-3,922-2,1107,735-9,684-4,7513,789-1,3007096,626-923
Tax00-1,47000-7200-142-1,3250
Profit After Tax-3,922-2,1106,265-9,684-4,7513,069-1,3005675,301-923
Dividends Paid0000000000
Retained Profit-3,922-2,1106,265-9,684-4,7513,069-1,3005675,301-923
Employee Costs116,842109,58076,10323,52349,03126,96029,18928,22525,78525,368
Number Of Employees4431211111
EBITDA*-3,922-2,1107,735-9,684-3,4874,917-2171,0987,032-926

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014
Tangible Assets1,9484,1826,0884,2214,8731,3522,4458271,2430
Intangible Assets0000000000
Investments & Other0000000000
Debtors (Due After 1 year)000003,7503,754000
Total Fixed Assets1,9484,1826,0884,2214,8735,1026,1998271,2430
Stock & work in progress0000000000
Trade Debtors50,64037,34243,50424,33114,72614,79515,95612,71113,1063,010
Group Debtors0000000000
Misc Debtors081700000000
Cash000001,716019,0042,7211,398
misc current assets0000000000
total current assets50,64038,15943,50424,33114,72616,51115,95631,71515,8274,408
total assets52,58842,34149,59228,55219,59921,61322,15532,54217,0704,408
Bank overdraft0000001,228000
Bank loan0000000000
Trade Creditors 39,78032,26430,66425,2506,1832,86956,98311,9331,936
Group/Directors Accounts0000000000
other short term finances0000000000
hp & lease commitments0000000000
other current liabilities11,16302,1250000000
total current liabilities50,94332,26432,78925,2506,1832,8691,2336,98311,9331,936
loans0000000000
hp & lease commitments0000000000
Accruals and Deferred Income0000000000
other liabilities9,13313,64318,2594,0717,71811,93017,17720,5146593,295
provisions0006,9523,73500000
total long term liabilities9,13313,64318,25911,02311,45311,93017,17720,5146593,295
total liabilities60,07645,90751,04836,27317,63614,79918,41027,49712,5925,231
net assets-7,488-3,566-1,456-7,7211,9636,8143,7455,0454,478-823
total shareholders funds-7,488-3,566-1,456-7,7211,9636,8143,7455,0454,478-823
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014
Operating Activities
Operating Profit-3,922-2,1107,735-9,684-4,7573,824-1,3086826,616-926
Depreciation00001,2701,0931,0914164160
Amortisation0000000000
Tax00-1,47000-7200-142-1,3250
Stock0000000000
Debtors12,481-5,34519,1739,605-3,819-1,1656,999-39510,0963,010
Creditors7,5161,6005,41419,0673,3142,864-6,978-4,9509,9971,936
Accruals and Deferred Income11,163-2,1252,1250000000
Deferred Taxes & Provisions00-6,9523,2173,73500000
Cash flow from operations2,2762,710-12,3212,9957,3818,226-14,194-3,5995,608-2,000
Investing Activities
capital expenditure2,2341,906-1,867652-4,7910-2,7090-1,6590
Change in Investments0000000000
cash flow from investments2,2341,906-1,867652-4,7910-2,7090-1,6590
Financing Activities
Bank loans0000000000
Group/Directors Accounts0000000000
Other Short Term Loans 0000000000
Long term loans0000000000
Hire Purchase and Lease Commitments0000000000
other long term liabilities-4,510-4,61614,188-3,647-4,212-5,247-3,33719,855-2,6363,295
share issue0000-1000000100
interest00006-35827104
cash flow from financing-4,510-4,61614,188-3,647-4,306-5,282-3,32919,882-2,6263,399
cash and cash equivalents
cash0000-1,7161,716-19,00416,2831,3231,398
overdraft00000-1,2281,228000
change in cash0000-1,7162,944-20,23216,2831,3231,398

jmc accountancy 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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Jmc Accountancy Limited Competitor Analysis

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Perform a competitor analysis for jmc accountancy limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in PE16 area or any other competitors across 12 key performance metrics.

jmc accountancy limited Ownership

JMC ACCOUNTANCY LIMITED group structure

Jmc Accountancy Limited has no subsidiary companies.

Ultimate parent company

JMC ACCOUNTANCY LIMITED

08837506

JMC ACCOUNTANCY LIMITED Shareholders

toni sculthorpe 100%

jmc accountancy limited directors

Jmc Accountancy Limited currently has 1 director, Mrs Toni Sculthorpe serving since Jan 2014.

officercountryagestartendrole
Mrs Toni SculthorpeEngland38 years Jan 2014- Director

P&L

December 2023

turnover

141.6k

+32%

operating profit

-3.9k

0%

gross margin

37.7%

-18.6%

turnover

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

Balance Sheet

December 2023

net assets

-7.5k

+1.1%

total assets

52.6k

+0.24%

cash

0

0%

net assets

Total assets minus all liabilities

jmc accountancy limited company details

company number

08837506

Type

Private limited with Share Capital

industry

69202 - Bookkeeping activities

69201 - Accounting, and auditing activities

incorporation date

January 2014

age

11

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

December 2023

previous names

N/A

accountant

JMC ACCOUNTANCY LTD

auditor

-

address

l19 south fens business centre, fenton way, chatteris, cambridgeshire, PE16 6TT

Bank

-

Legal Advisor

-

jmc accountancy 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 jmc accountancy limited.

jmc accountancy 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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jmc accountancy limited Companies House Filings - See Documents

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