jet accountancy (norfolk) ltd

jet accountancy (norfolk) ltd Company Information

Share JET ACCOUNTANCY (NORFOLK) LTD
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EstablishedMicroHigh

Company Number

09012242

Industry

Accounting, and auditing activities

 

Directors

Louise Scott

Shareholders

louise scott

Group Structure

View All

Contact

Registered Address

20 wingfields, downham market, norfolk, PE38 9AR

jet accountancy (norfolk) ltd Estimated Valuation

£153.5k

Pomanda estimates the enterprise value of JET ACCOUNTANCY (NORFOLK) LTD at £153.5k based on a Turnover of £204.2k and 0.75x industry multiple (adjusted for size and gross margin).

jet accountancy (norfolk) ltd Estimated Valuation

£179.3k

Pomanda estimates the enterprise value of JET ACCOUNTANCY (NORFOLK) LTD at £179.3k based on an EBITDA of £35.9k and a 5x industry multiple (adjusted for size and gross margin).

jet accountancy (norfolk) ltd Estimated Valuation

£438k

Pomanda estimates the enterprise value of JET ACCOUNTANCY (NORFOLK) LTD at £438k based on Net Assets of £145.7k and 3.01x industry multiple (adjusted for liquidity).

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Jet Accountancy (norfolk) Ltd Overview

Jet Accountancy (norfolk) Ltd is a live company located in norfolk, PE38 9AR with a Companies House number of 09012242. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in April 2014, it's largest shareholder is louise scott with a 100% stake. Jet Accountancy (norfolk) Ltd is a established, micro sized company, Pomanda has estimated its turnover at £204.2k with high growth in recent years.

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Jet Accountancy (norfolk) Ltd Health Check

Pomanda's financial health check has awarded Jet Accountancy (Norfolk) Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

6 Strong

positive_score

1 Regular

positive_score

3 Weak

size

Size

annual sales of £204.2k, make it larger than the average company (£121.8k)

£204.2k - Jet Accountancy (norfolk) Ltd

£121.8k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 21%, show it is growing at a faster rate (7.7%)

21% - Jet Accountancy (norfolk) Ltd

7.7% - Industry AVG

production

Production

with a gross margin of 46.2%, this company has a higher cost of product (77.7%)

46.2% - Jet Accountancy (norfolk) Ltd

77.7% - Industry AVG

profitability

Profitability

an operating margin of 17.6% make it more profitable than the average company (14.4%)

17.6% - Jet Accountancy (norfolk) Ltd

14.4% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (2)

1 - Jet Accountancy (norfolk) Ltd

2 - Industry AVG

paystructure

Pay Structure

on an average salary of £22.4k, the company has an equivalent pay structure (£22.4k)

£22.4k - Jet Accountancy (norfolk) Ltd

£22.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £204.2k, this is more efficient (£73k)

£204.2k - Jet Accountancy (norfolk) Ltd

£73k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 275 days, this is later than average (92 days)

275 days - Jet Accountancy (norfolk) Ltd

92 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 31 days, this is slower than average (20 days)

31 days - Jet Accountancy (norfolk) Ltd

20 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Jet Accountancy (norfolk) Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Jet Accountancy (norfolk) Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 6.6%, this is a lower level of debt than the average (56.3%)

6.6% - Jet Accountancy (norfolk) Ltd

56.3% - Industry AVG

JET ACCOUNTANCY (NORFOLK) LTD financials

EXPORTms excel logo

Jet Accountancy (Norfolk) Ltd's latest turnover from March 2024 is estimated at £204.2 thousand and the company has net assets of £145.7 thousand. According to their latest financial statements, Jet Accountancy (Norfolk) Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Apr 2015
Turnover204,178195,228156,134113,848105,50565,93446,75234,74111,4220
Other Income Or Grants0000000000
Cost Of Sales109,949103,66283,00754,53452,68830,37919,33313,8175,2520
Gross Profit94,22991,56673,12859,31552,81735,55527,41920,9246,1700
Admin Expenses58,36564,67640,87733,49428,89521,97013,84712,4783,8610
Operating Profit35,86426,89032,25125,82123,92213,58513,5728,4462,3090
Interest Payable0000000000
Interest Receivable0000000000
Pre-Tax Profit35,86426,89032,25125,82123,92213,58513,5728,4462,3090
Tax-8,966-5,109-6,128-4,906-4,545-2,581-2,579-1,689-4620
Profit After Tax26,89821,78126,12320,91519,37711,00410,9936,7571,8470
Dividends Paid0000000000
Retained Profit26,89821,78126,12320,91519,37711,00410,9936,7571,8470
Employee Costs22,37920,01421,10620,36417,20422,52420,80625,03927,5890
Number Of Employees1111111110
EBITDA*35,86426,89032,25125,82123,92213,58513,5728,4462,3090

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Apr 2015
Tangible Assets1,9981,8203324365787721,037000
Intangible Assets0000000000
Investments & Other0000000000
Debtors (Due After 1 year)0000000000
Total Fixed Assets1,9981,8203324365787721,037000
Stock & work in progress0000000000
Trade Debtors153,868141,410117,81783,89468,86942,23926,06014,1293,8520
Group Debtors0000000000
Misc Debtors100000000000
Cash0000000000
misc current assets0000000000
total current assets153,968141,410117,81783,89468,86942,23926,06014,1293,8520
total assets155,966143,230118,14984,33069,44743,01127,09714,1293,8520
Bank overdraft0000000000
Bank loan0000000000
Trade Creditors 9,51314,16313,5548,19212,6266,9694,8302,0868540
Group/Directors Accounts0000000000
other short term finances0000000000
hp & lease commitments0000000000
other current liabilities010,2707,5795,2456,8435,4412,6703,4391,1510
total current liabilities9,51324,43321,13313,43719,46912,4107,5005,5252,0050
loans0000000000
hp & lease commitments0000000000
Accruals and Deferred Income758000000000
other liabilities0000000000
provisions0000000000
total long term liabilities758000000000
total liabilities10,27124,43321,13313,43719,46912,4107,5005,5252,0050
net assets145,695118,79797,01670,89349,97830,60119,5978,6041,8470
total shareholders funds145,695118,79797,01670,89349,97830,60119,5978,6041,8470
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Apr 2015
Operating Activities
Operating Profit35,86426,89032,25125,82123,92213,58513,5728,4462,3090
Depreciation0000000000
Amortisation0000000000
Tax-8,966-5,109-6,128-4,906-4,545-2,581-2,579-1,689-4620
Stock0000000000
Debtors12,55823,59333,92315,02526,63016,17911,93110,2773,8520
Creditors-4,6506095,362-4,4345,6572,1392,7441,2328540
Accruals and Deferred Income-9,5122,6912,334-1,5981,4022,771-7692,2881,1510
Deferred Taxes & Provisions0000000000
Cash flow from operations1781,488-104-142-194-2651,037000
Investing Activities
capital expenditure-178-1,488104142194265-1,037000
Change in Investments0000000000
cash flow from investments-178-1,488104142194265-1,037000
Financing Activities
Bank loans0000000000
Group/Directors Accounts0000000000
Other Short Term Loans 0000000000
Long term loans0000000000
Hire Purchase and Lease Commitments0000000000
other long term liabilities0000000000
share issue0000000000
interest0000000000
cash flow from financing0000000000
cash and cash equivalents
cash0000000000
overdraft0000000000
change in cash0000000000

jet accountancy (norfolk) ltd 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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Jet Accountancy (norfolk) Ltd Competitor Analysis

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Perform a competitor analysis for jet accountancy (norfolk) ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in PE38 area or any other competitors across 12 key performance metrics.

jet accountancy (norfolk) ltd Ownership

JET ACCOUNTANCY (NORFOLK) LTD group structure

Jet Accountancy (Norfolk) Ltd has no subsidiary companies.

Ultimate parent company

JET ACCOUNTANCY (NORFOLK) LTD

09012242

JET ACCOUNTANCY (NORFOLK) LTD Shareholders

louise scott 100%

jet accountancy (norfolk) ltd directors

Jet Accountancy (Norfolk) Ltd currently has 1 director, Ms Louise Scott serving since Apr 2014.

officercountryagestartendrole
Ms Louise ScottUnited Kingdom49 years Apr 2014- Director

P&L

March 2024

turnover

204.2k

+5%

operating profit

35.9k

0%

gross margin

46.2%

-1.6%

turnover

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

Balance Sheet

March 2024

net assets

145.7k

+0.23%

total assets

156k

+0.09%

cash

0

0%

net assets

Total assets minus all liabilities

jet accountancy (norfolk) ltd company details

company number

09012242

Type

Private limited with Share Capital

industry

69201 - Accounting, and auditing activities

incorporation date

April 2014

age

10

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2024

previous names

N/A

accountant

JET ACCOUNTANCY NORFOLK LTD

auditor

-

address

20 wingfields, downham market, norfolk, PE38 9AR

Bank

-

Legal Advisor

-

jet accountancy (norfolk) ltd 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 jet accountancy (norfolk) ltd.

jet accountancy (norfolk) ltd 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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jet accountancy (norfolk) ltd Companies House Filings - See Documents

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