jago jewellers limited

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jago jewellers limited Company Information

Share JAGO JEWELLERS LIMITED
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Company Number

09470258

Registered Address

35 ballards lane, london, N3 1XW

Industry

Retail sale of watches and jewellery in specialised stores

 

Telephone

01727851519

Next Accounts Due

October 2024

Group Structure

View All

Directors

David Gillow9 Years

Sarah Gillow9 Years

Shareholders

david mark gillow 50%

sarah gillow 50%

jago jewellers limited Estimated Valuation

£207.4k

Pomanda estimates the enterprise value of JAGO JEWELLERS LIMITED at £207.4k based on a Turnover of £526.1k and 0.39x industry multiple (adjusted for size and gross margin).

jago jewellers limited Estimated Valuation

£318.9k

Pomanda estimates the enterprise value of JAGO JEWELLERS LIMITED at £318.9k based on an EBITDA of £96.1k and a 3.32x industry multiple (adjusted for size and gross margin).

jago jewellers limited Estimated Valuation

£387.7k

Pomanda estimates the enterprise value of JAGO JEWELLERS LIMITED at £387.7k based on Net Assets of £128.2k and 3.02x industry multiple (adjusted for liquidity).

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Jago Jewellers Limited Overview

Jago Jewellers Limited is a live company located in london, N3 1XW with a Companies House number of 09470258. It operates in the retail sale of watches and jewellery in specialised stores sector, SIC Code 47770. Founded in March 2015, it's largest shareholder is david mark gillow with a 50% stake. Jago Jewellers Limited is a young, small sized company, Pomanda has estimated its turnover at £526.1k with declining growth in recent years.

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Jago Jewellers Limited Health Check

Pomanda's financial health check has awarded Jago Jewellers Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

2 Strong

positive_score

3 Regular

positive_score

6 Weak

size

Size

annual sales of £526.1k, make it smaller than the average company (£6.9m)

£526.1k - Jago Jewellers Limited

£6.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -4%, show it is growing at a slower rate (11.6%)

-4% - Jago Jewellers Limited

11.6% - Industry AVG

production

Production

with a gross margin of 35.1%, this company has a comparable cost of product (35.1%)

35.1% - Jago Jewellers Limited

35.1% - Industry AVG

profitability

Profitability

an operating margin of 17.8% make it more profitable than the average company (9%)

17.8% - Jago Jewellers Limited

9% - Industry AVG

employees

Employees

with 3 employees, this is below the industry average (20)

3 - Jago Jewellers Limited

20 - Industry AVG

paystructure

Pay Structure

on an average salary of £29.7k, the company has an equivalent pay structure (£29.7k)

£29.7k - Jago Jewellers Limited

£29.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £175.4k, this is equally as efficient (£202.5k)

£175.4k - Jago Jewellers Limited

£202.5k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Jago Jewellers Limited

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 100 days, this is slower than average (43 days)

100 days - Jago Jewellers Limited

43 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 362 days, this is more than average (190 days)

362 days - Jago Jewellers Limited

190 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 10 weeks, this is less cash available to meet short term requirements (22 weeks)

10 weeks - Jago Jewellers Limited

22 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 67.7%, this is a higher level of debt than the average (55.7%)

67.7% - Jago Jewellers Limited

55.7% - Industry AVG

JAGO JEWELLERS LIMITED financials

EXPORTms excel logo

Jago Jewellers Limited's latest turnover from January 2023 is estimated at £526.1 thousand and the company has net assets of £128.2 thousand. According to their latest financial statements, Jago Jewellers Limited has 3 employees and maintains cash reserves of £48.8 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jan 2023Jan 2022Jan 2021Jan 2020Mar 2019Mar 2018Mar 2017Mar 2016
Turnover526,078391,589446,896597,383576,219517,484466,791305,872
Other Income Or Grants00000000
Cost Of Sales341,381251,126284,582365,615339,185297,202267,986174,679
Gross Profit184,697140,462162,314231,768237,034220,282198,805131,192
Admin Expenses90,77375,839115,474247,932257,975123,183209,567195,573
Operating Profit93,92464,62346,840-16,164-20,94197,099-10,762-64,381
Interest Payable3,7592,9911,56700000
Interest Receivable1,972241653312989123
Pre-Tax Profit92,13761,87345,338-16,131-20,81297,188-10,750-64,378
Tax-17,506-11,756-8,61400-18,46600
Profit After Tax74,63150,11736,724-16,131-20,81278,722-10,750-64,378
Dividends Paid00000000
Retained Profit74,63150,11736,724-16,131-20,81278,722-10,750-64,378
Employee Costs88,95476,947187,963223,703285,252195,715163,54171,233
Number Of Employees33799873
EBITDA*96,09067,00350,181-13,669-17,947100,756-6,218-59,957

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jan 2023Jan 2022Jan 2021Jan 2020Mar 2019Mar 2018Mar 2017Mar 2016
Tangible Assets4,2005,1866,9144,4855,9807,97410,63114,175
Intangible Assets1,3231,8972,5491671,1672,1673,1674,167
Investments & Other00000000
Debtors (Due After 1 year)00000015,75015,750
Total Fixed Assets5,5237,0839,4634,6527,14710,14129,54834,092
Stock & work in progress339,055318,619250,000230,798252,396263,389118,050105,975
Trade Debtors008,4429,3116,3627,4312,8053,418
Group Debtors00000000
Misc Debtors2,890091265,75015,75042,91529,86230,596
Cash48,84863,835128,7141,6617,22827,1308,3901,217
misc current assets00000000
total current assets390,793382,454388,068307,520281,736340,865159,107141,206
total assets396,316389,537397,531312,172288,883351,006188,655175,298
Bank overdraft00000000
Bank loan9,8929,9966,66400000
Trade Creditors 93,69866,16180,25186,46843,863102,489129,679108,648
Group/Directors Accounts82,699163,158000092,9170
other short term finances001,36800000
hp & lease commitments00000000
other current liabilities56,90562,287262,437258,953262,138244,82341,087130,928
total current liabilities243,194301,602350,720345,421306,001347,312263,683239,576
loans24,89934,34343,33600000
hp & lease commitments00000000
Accruals and Deferred Income00000000
other liabilities00000000
provisions00000000
total long term liabilities24,89934,34343,33600000
total liabilities268,093335,945394,056345,421306,001347,312263,683239,576
net assets128,22353,5923,475-33,249-17,1183,694-75,028-64,278
total shareholders funds128,22353,5923,475-33,249-17,1183,694-75,028-64,278
Jan 2023Jan 2022Jan 2021Jan 2020Mar 2019Mar 2018Mar 2017Mar 2016
Operating Activities
Operating Profit93,92464,62346,840-16,164-20,94197,099-10,762-64,381
Depreciation1,5921,7282,3041,4951,9942,6573,5443,591
Amortisation5746521,0371,0001,0001,0001,000833
Tax-17,506-11,756-8,61400-18,46600
Stock20,43668,61919,202-21,598-10,993145,33912,075105,975
Debtors2,890-9,354-65,70752,949-28,2341,929-1,34749,764
Creditors27,537-14,090-6,21742,605-58,626-27,19021,031108,648
Accruals and Deferred Income-5,382-200,1503,484-3,18517,315203,736-89,841130,928
Deferred Taxes & Provisions00000000
Cash flow from operations77,413-218,25885,339-5,600-20,031111,568-85,75623,880
Investing Activities
capital expenditure-6060-8,1520000-22,766
Change in Investments00000000
cash flow from investments-6060-8,1520000-22,766
Financing Activities
Bank loans-1043,3326,66400000
Group/Directors Accounts-80,459163,158000-92,91792,9170
Other Short Term Loans 0-1,3681,36800000
Long term loans-9,444-8,99343,33600000
Hire Purchase and Lease Commitments00000000
other long term liabilities00000000
share issue0000000100
interest-1,787-2,750-1,5023312989123
cash flow from financing-91,794153,37949,86633129-92,82892,929103
cash and cash equivalents
cash-14,987-64,879127,053-5,567-19,90218,7407,1731,217
overdraft00000000
change in cash-14,987-64,879127,053-5,567-19,90218,7407,1731,217

jago jewellers 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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Jago Jewellers Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for jago jewellers limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in N 3 area or any other competitors across 12 key performance metrics.

jago jewellers limited Ownership

JAGO JEWELLERS LIMITED group structure

Jago Jewellers Limited has no subsidiary companies.

Ultimate parent company

JAGO JEWELLERS LIMITED

09470258

JAGO JEWELLERS LIMITED Shareholders

david mark gillow 50%
sarah gillow 50%

jago jewellers limited directors

Jago Jewellers Limited currently has 2 directors. The longest serving directors include Mr David Gillow (Mar 2015) and Mrs Sarah Gillow (Mar 2015).

officercountryagestartendrole
Mr David Gillow62 years Mar 2015- Director
Mrs Sarah GillowUnited Kingdom57 years Mar 2015- Director

P&L

January 2023

turnover

526.1k

+34%

operating profit

93.9k

0%

gross margin

35.2%

-2.12%

turnover

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

Balance Sheet

January 2023

net assets

128.2k

+1.39%

total assets

396.3k

+0.02%

cash

48.8k

-0.23%

net assets

Total assets minus all liabilities

jago jewellers limited company details

company number

09470258

Type

Private limited with Share Capital

industry

47770 - Retail sale of watches and jewellery in specialised stores

incorporation date

March 2015

age

9

incorporated

UK

accounts

Total Exemption Full

ultimate parent company

None

previous names

N/A

last accounts submitted

January 2023

address

35 ballards lane, london, N3 1XW

accountant

-

auditor

-

jago jewellers 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 jago jewellers limited.

charges

jago jewellers limited Companies House Filings - See Documents

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