Pomanda estimates the enterprise value of JET SOFTWARE LIMITED at £318.6k based on a Turnover of £354.7k and 0.9x industry multiple (adjusted for size and gross margin).
jet software limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of JET SOFTWARE LIMITED at £0 based on an EBITDA of £-476.7k and a 5.36x industry multiple (adjusted for size and gross margin).
jet software limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of JET SOFTWARE LIMITED at £0 based on Net Assets of £-1.2m and 2.36x industry multiple (adjusted for liquidity).
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Jet Software LimitedOverview
Jet Software Limited is a dissolved company that was located in london, EC1N 8QX with a Companies House number of 09408958. It operated in the business and domestic software development sector, SIC Code 62012. Founded in January 2015, it's largest shareholder was
reapit limited
with a 100% stake. The last turnover for Jet Software Limited was estimated at £354.7k.
Pomanda's financial health check has awarded Jet Software Limited a 2 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 Rating2out of 5
3 Strong
1 Regular
6 Weak
Size
annual sales of £354.7k, make it smaller than the average company (£1.4m)
£354.7k - Jet Software Limited
£1.4m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Jet Software Limited
- - Industry AVG
Production
with a gross margin of 93.3%, this company has a lower cost of product (73.8%)
93.3% - Jet Software Limited
73.8% - Industry AVG
Profitability
an operating margin of -135.6% make it less profitable than the average company (4.8%)
-135.6% - Jet Software Limited
4.8% - Industry AVG
Employees
with 7 employees, this is below the industry average (36)
7 - Jet Software Limited
36 - Industry AVG
Pay Structure
on an average salary of £59k, the company has an equivalent pay structure (£59k)
£59k - Jet Software Limited
£59k - Industry AVG
Efficiency
resulting in sales per employee of £50.7k, this is less efficient (£107.3k)
£50.7k - Jet Software Limited
£107.3k - Industry AVG
Debtor Days
it gets paid by customers after 41 days, this is earlier than average (66 days)
41 days - Jet Software Limited
66 days - Industry AVG
Creditor Days
its suppliers are paid after 1082 days, this is slower than average (45 days)
1082 days - Jet Software Limited
45 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Jet Software Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (19 weeks)
0 weeks - Jet Software Limited
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 557.1%, this is a higher level of debt than the average (61.9%)
557.1% - Jet Software Limited
61.9% - Industry AVG
JET SOFTWARE LIMITED financials
EXPORT
Jet Software Limited's latest turnover from May 2018 is £354.7 thousand and the company has net assets of -£1.2 million. According to their latest financial statements, Jet Software Limited has 7 employees and maintains cash reserves of £21 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
May 2018
May 2017
Jan 2016
Turnover
354,689
111,424
367,635
Other Income Or Grants
Cost Of Sales
23,734
18,624
214,558
Gross Profit
330,955
92,800
153,077
Admin Expenses
811,965
764,567
270,830
Operating Profit
-481,010
-671,767
-117,753
Interest Payable
241
134
Interest Receivable
Pre-Tax Profit
-481,251
-671,901
-117,753
Tax
97,929
Profit After Tax
-383,322
-671,901
-117,753
Dividends Paid
Retained Profit
-383,322
-671,901
-117,753
Employee Costs
412,921
281,480
270,206
Number Of Employees
7
5
5
EBITDA*
-476,688
-666,549
-117,753
* Earnings Before Interest, Tax, Depreciation and Amortisation
May 2018
May 2017
Jan 2016
Tangible Assets
9,155
9,306
5,981
Intangible Assets
3,091
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
12,246
9,306
5,981
Stock & work in progress
Trade Debtors
40,196
19,847
Group Debtors
Misc Debtors
97,929
26,621
11,768
Cash
20,954
94,133
misc current assets
85,266
99,942
total current assets
244,345
240,543
11,768
total assets
256,591
249,849
17,749
Bank overdraft
Bank loan
Trade Creditors
70,399
600
Group/Directors Accounts
1,298,365
1,013,148
128,928
other short term finances
hp & lease commitments
other current liabilities
60,802
25,754
6,573
total current liabilities
1,429,566
1,039,502
135,501
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
1,429,566
1,039,502
135,501
net assets
-1,172,975
-789,653
-117,752
total shareholders funds
-1,172,975
-789,653
-117,752
May 2018
May 2017
Jan 2016
Operating Activities
Operating Profit
-481,010
-671,767
-117,753
Depreciation
4,188
5,218
Amortisation
134
Tax
97,929
Stock
Debtors
91,657
34,700
11,768
Creditors
69,799
600
Accruals and Deferred Income
35,048
19,181
6,573
Deferred Taxes & Provisions
Cash flow from operations
-365,569
-681,468
-122,948
Investing Activities
capital expenditure
-7,262
-8,543
-5,981
Change in Investments
cash flow from investments
-7,262
-8,543
-5,981
Financing Activities
Bank loans
Group/Directors Accounts
285,217
884,220
128,928
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
1
interest
-241
-134
cash flow from financing
284,976
884,086
128,929
cash and cash equivalents
cash
-73,179
94,133
overdraft
change in cash
-73,179
94,133
jet software 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 jet software limited. Get real-time insights into jet software limited's credit score, group structure and payment trends.
Perform a competitor analysis for jet software limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other undefined companies, companies in EC1N area or any other competitors across 12 key performance metrics.
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 software limited.
jet software 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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jet software limitedCompanies House Filings - See Documents
