jlt developments ltd
jlt developments ltd Company Information
Group Structure
View All
Industry
Construction of domestic buildings
Registered Address
24 lonsdale road, walsall, WS5 3JL
Website
jltdevelopments.co.ukjlt developments ltd Estimated Valuation
Pomanda estimates the enterprise value of JLT DEVELOPMENTS LTD at £624.3k based on a Turnover of £2m and 0.31x industry multiple (adjusted for size and gross margin).
jlt developments ltd Estimated Valuation
Pomanda estimates the enterprise value of JLT DEVELOPMENTS LTD at £0 based on an EBITDA of £-270.8k and a 2.64x industry multiple (adjusted for size and gross margin).
jlt developments ltd Estimated Valuation
Pomanda estimates the enterprise value of JLT DEVELOPMENTS LTD at £0 based on Net Assets of £-182.8k and 1.39x industry multiple (adjusted for liquidity).
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Jlt Developments Ltd Overview
Jlt Developments Ltd is a live company located in walsall, WS5 3JL with a Companies House number of 09573261. It operates in the construction of domestic buildings sector, SIC Code 41202. Founded in May 2015, it's largest shareholder is richard coleman with a 100% stake. Jlt Developments Ltd is a established, small sized company, Pomanda has estimated its turnover at £2m with rapid growth in recent years.
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Jlt Developments Ltd Health Check
Pomanda's financial health check has awarded Jlt Developments Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
5 Weak
Size
annual sales of £2m, make it larger than the average company (£535.9k)
- Jlt Developments Ltd
£535.9k - Industry AVG
Growth
3 year (CAGR) sales growth of 86%, show it is growing at a faster rate (9%)
- Jlt Developments Ltd
9% - Industry AVG
Production
with a gross margin of 10.1%, this company has a higher cost of product (19.9%)
- Jlt Developments Ltd
19.9% - Industry AVG
Profitability
an operating margin of -13.5% make it less profitable than the average company (5.1%)
- Jlt Developments Ltd
5.1% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - Jlt Developments Ltd
4 - Industry AVG
Pay Structure
on an average salary of £43.5k, the company has an equivalent pay structure (£43.5k)
- Jlt Developments Ltd
£43.5k - Industry AVG
Efficiency
resulting in sales per employee of £1m, this is more efficient (£213.6k)
- Jlt Developments Ltd
£213.6k - Industry AVG
Debtor Days
it gets paid by customers after 70 days, this is later than average (25 days)
- Jlt Developments Ltd
25 days - Industry AVG
Creditor Days
its suppliers are paid after 111 days, this is slower than average (30 days)
- Jlt Developments Ltd
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Jlt Developments Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Jlt Developments Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 145.6%, this is a higher level of debt than the average (72.2%)
145.6% - Jlt Developments Ltd
72.2% - Industry AVG
JLT DEVELOPMENTS LTD financials
Jlt Developments Ltd's latest turnover from December 2023 is estimated at £2 million and the company has net assets of -£182.8 thousand. According to their latest financial statements, Jlt Developments Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Feb 2017 | Feb 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||
| Other Income Or Grants | |||||||||
| Cost Of Sales | |||||||||
| Gross Profit | |||||||||
| Admin Expenses | |||||||||
| Operating Profit | |||||||||
| Interest Payable | |||||||||
| Interest Receivable | |||||||||
| Pre-Tax Profit | |||||||||
| Tax | |||||||||
| Profit After Tax | |||||||||
| Dividends Paid | |||||||||
| Retained Profit | |||||||||
| Employee Costs | |||||||||
| Number Of Employees | 2 | 1 | 1 | 1 | 1 | 1 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Feb 2017 | Feb 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 13,836 | 19,712 | 26,283 | 10,854 | 13,568 | 16,960 | |||
| Intangible Assets | |||||||||
| Investments & Other | |||||||||
| Debtors (Due After 1 year) | |||||||||
| Total Fixed Assets | 13,836 | 19,712 | 26,283 | 10,854 | 13,568 | 16,960 | |||
| Stock & work in progress | |||||||||
| Trade Debtors | 387,506 | 195,487 | 122,804 | 115,747 | 61,088 | 60,084 | 116,191 | 120,157 | |
| Group Debtors | |||||||||
| Misc Debtors | |||||||||
| Cash | 100 | ||||||||
| misc current assets | |||||||||
| total current assets | 387,506 | 195,487 | 122,804 | 115,747 | 61,088 | 60,084 | 116,191 | 120,157 | 100 |
| total assets | 401,342 | 215,199 | 149,087 | 126,601 | 74,656 | 77,044 | 116,191 | 120,157 | 100 |
| Bank overdraft | |||||||||
| Bank loan | |||||||||
| Trade Creditors | 551,839 | 85,472 | 28,767 | 32,569 | 22,523 | 16,484 | 115,232 | 116,305 | |
| Group/Directors Accounts | |||||||||
| other short term finances | |||||||||
| hp & lease commitments | |||||||||
| other current liabilities | |||||||||
| total current liabilities | 551,839 | 85,472 | 28,767 | 32,569 | 22,523 | 16,484 | 115,232 | 116,305 | |
| loans | |||||||||
| hp & lease commitments | |||||||||
| Accruals and Deferred Income | 900 | 850 | 850 | 10,850 | |||||
| other liabilities | 32,320 | 41,758 | 50,058 | 44,167 | 1,767 | 5,300 | |||
| provisions | |||||||||
| total long term liabilities | 32,320 | 41,758 | 50,958 | 45,017 | 2,617 | 16,150 | |||
| total liabilities | 584,159 | 127,230 | 79,725 | 77,586 | 25,140 | 32,634 | 115,232 | 116,305 | |
| net assets | -182,817 | 87,969 | 69,362 | 49,015 | 49,516 | 44,410 | 959 | 3,852 | 100 |
| total shareholders funds | -182,817 | 87,969 | 69,362 | 49,015 | 49,516 | 44,410 | 959 | 3,852 | 100 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Feb 2017 | Feb 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | |||||||||
| Amortisation | |||||||||
| Tax | |||||||||
| Stock | |||||||||
| Debtors | 192,019 | 72,683 | 7,057 | 54,659 | 1,004 | -56,107 | 116,191 | 120,157 | |
| Creditors | 466,367 | 56,705 | -3,802 | 10,046 | 6,039 | -98,748 | 115,232 | 116,305 | |
| Accruals and Deferred Income | -900 | 50 | -10,000 | 10,850 | |||||
| Deferred Taxes & Provisions | |||||||||
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | |||||||||
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | |||||||||
| Group/Directors Accounts | |||||||||
| Other Short Term Loans | |||||||||
| Long term loans | |||||||||
| Hire Purchase and Lease Commitments | |||||||||
| other long term liabilities | -9,438 | -8,300 | 5,891 | 42,400 | -3,533 | 5,300 | |||
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | -100 | -100 | 100 | ||||||
| overdraft | |||||||||
| change in cash | -100 | -100 | 100 |
jlt developments ltd Credit Report and Business Information
Jlt Developments Ltd Competitor Analysis
Perform a competitor analysis for jlt developments ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in WS5 area or any other competitors across 12 key performance metrics.
jlt developments ltd Ownership
JLT DEVELOPMENTS LTD group structure
Jlt Developments Ltd has no subsidiary companies.
Ultimate parent company
JLT DEVELOPMENTS LTD
09573261
jlt developments ltd directors
Jlt Developments Ltd currently has 1 director, Mr Richard Coleman serving since May 2015.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Richard Coleman | United Kingdom | 55 years | May 2015 | - | Director |
P&L
December 2023turnover
2m
+259%
operating profit
-270.8k
0%
gross margin
10.1%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-182.8k
-3.08%
total assets
401.3k
+0.86%
cash
0
0%
net assets
Total assets minus all liabilities
jlt developments ltd company details
company number
09573261
Type
Private limited with Share Capital
industry
41202 - Construction of domestic buildings
incorporation date
May 2015
age
10
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
24 lonsdale road, walsall, WS5 3JL
Bank
-
Legal Advisor
-
jlt developments 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 found 3 charges/mortgages relating to jlt developments ltd. Currently there are 3 open charges and 0 have been satisfied in the past.
jlt developments 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.
Click to start generating capital raising & share issue transactions for JLT DEVELOPMENTS LTD. This can take several minutes, an email will notify you when this has completed.
jlt developments ltd Companies House Filings - See Documents
| date | description | view/download |
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