teamjet limited
teamjet limited Company Information
Company Number
09759655
Website
-Registered Address
suite 6 furness gate, peter green way, barrow-in-furness, cumbria, LA14 2PE
Industry
Other business support service activities n.e.c.
Telephone
-
Next Accounts Due
19 days late
Group Structure
View All
Shareholders
stephen robert kett 48%
kelli elaine kett 48%
View Allteamjet limited Estimated Valuation
Pomanda estimates the enterprise value of TEAMJET LIMITED at £563.3k based on a Turnover of £1.3m and 0.42x industry multiple (adjusted for size and gross margin).
teamjet limited Estimated Valuation
Pomanda estimates the enterprise value of TEAMJET LIMITED at £0 based on an EBITDA of £-25.5k and a 3.2x industry multiple (adjusted for size and gross margin).
teamjet limited Estimated Valuation
Pomanda estimates the enterprise value of TEAMJET LIMITED at £1.5m based on Net Assets of £593.6k and 2.57x industry multiple (adjusted for liquidity).
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Teamjet Limited Overview
Teamjet Limited is a live company located in barrow-in-furness, LA14 2PE with a Companies House number of 09759655. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in September 2015, it's largest shareholder is stephen robert kett with a 48% stake. Teamjet Limited is a young, small sized company, Pomanda has estimated its turnover at £1.3m with high growth in recent years.
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Teamjet Limited Health Check
Pomanda's financial health check has awarded Teamjet Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
5 Weak
Size
annual sales of £1.3m, make it smaller than the average company (£3.8m)
- Teamjet Limited
£3.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 24%, show it is growing at a faster rate (3%)
- Teamjet Limited
3% - Industry AVG
Production
with a gross margin of 17.3%, this company has a higher cost of product (38.7%)
- Teamjet Limited
38.7% - Industry AVG
Profitability
an operating margin of -1.9% make it less profitable than the average company (6.3%)
- Teamjet Limited
6.3% - Industry AVG
Employees
with 2 employees, this is below the industry average (25)
2 - Teamjet Limited
25 - Industry AVG
Pay Structure
on an average salary of £50.6k, the company has an equivalent pay structure (£50.6k)
- Teamjet Limited
£50.6k - Industry AVG
Efficiency
resulting in sales per employee of £673.8k, this is more efficient (£157.7k)
- Teamjet Limited
£157.7k - Industry AVG
Debtor Days
it gets paid by customers after 188 days, this is later than average (44 days)
- Teamjet Limited
44 days - Industry AVG
Creditor Days
its suppliers are paid after 36 days, this is close to average (33 days)
- Teamjet Limited
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Teamjet Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Teamjet Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 15.9%, this is a lower level of debt than the average (63.8%)
15.9% - Teamjet Limited
63.8% - Industry AVG
TEAMJET LIMITED financials
Teamjet Limited's latest turnover from December 2022 is estimated at £1.3 million and the company has net assets of £593.6 thousand. According to their latest financial statements, Teamjet Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 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 | 2 | 3 | 3 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 10,990 | 16,490 | 21,990 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 10,990 | 16,490 | 21,990 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 694,518 | 662,487 | 615,342 | 309,690 | 311,527 | 51,173 | 45,098 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 50,242 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 694,518 | 662,487 | 615,342 | 309,690 | 311,527 | 51,173 | 95,340 |
| total assets | 705,508 | 678,977 | 637,332 | 309,690 | 311,527 | 51,173 | 95,340 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 111,893 | 59,843 | 250,899 | 114,857 | 131,968 | 17,297 | 46,168 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 111,893 | 59,843 | 250,899 | 114,857 | 131,968 | 17,297 | 46,168 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 111,893 | 59,843 | 250,899 | 114,857 | 131,968 | 17,297 | 46,168 |
| net assets | 593,615 | 619,134 | 386,433 | 194,833 | 179,559 | 33,876 | 49,172 |
| total shareholders funds | 593,615 | 619,134 | 386,433 | 194,833 | 179,559 | 33,876 | 49,172 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 0 | 0 | 0 | 0 | |||
| Amortisation | 0 | 0 | 0 | 0 | |||
| Tax | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 32,031 | 47,145 | 305,652 | -1,837 | 260,354 | 6,075 | 45,098 |
| Creditors | 52,050 | -191,056 | 136,042 | -17,111 | 114,671 | -28,871 | 46,168 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | 0 | 0 | 0 | 0 | 0 | -50,242 | 50,242 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | -50,242 | 50,242 |
teamjet limited Credit Report and Business Information
Teamjet Limited Competitor Analysis
Perform a competitor analysis for teamjet limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in LA14 area or any other competitors across 12 key performance metrics.
teamjet limited Ownership
TEAMJET LIMITED group structure
Teamjet Limited has no subsidiary companies.
Ultimate parent company
TEAMJET LIMITED
09759655
teamjet limited directors
Teamjet Limited currently has 3 directors. The longest serving directors include Captain Stephen Kett (Sep 2015) and Kelli Kett (Sep 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Captain Stephen Kett | United Kingdom | 52 years | Sep 2015 | - | Director |
| Kelli Kett | United Kingdom | 53 years | Sep 2015 | - | Director |
| Mr Robert Kett | United Kingdom | 83 years | Aug 2016 | - | Director |
P&L
December 2022turnover
1.3m
+10%
operating profit
-25.5k
0%
gross margin
17.4%
+10.42%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
593.6k
-0.04%
total assets
705.5k
+0.04%
cash
0
0%
net assets
Total assets minus all liabilities
teamjet limited company details
company number
09759655
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
September 2015
age
9
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
December 2022
previous names
N/A
accountant
-
auditor
-
address
suite 6 furness gate, peter green way, barrow-in-furness, cumbria, LA14 2PE
Bank
-
Legal Advisor
-
teamjet 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 teamjet limited.
teamjet limited Companies House Filings - See Documents
| date | description | view/download |
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