j & t foods ltd Company Information
Company Number
09877374
Next Accounts
Feb 2025
Industry
Retail sale in non-specialised stores with food, beverages or tobacco predominating
Shareholders
tarloc singh tal
jagjeet singh tal
Group Structure
View All
Contact
Registered Address
6 raleigh road, southall, middlesex, UB2 5TW
Website
-j & t foods ltd Estimated Valuation
Pomanda estimates the enterprise value of J & T FOODS LTD at £726.6k based on a Turnover of £2.4m and 0.3x industry multiple (adjusted for size and gross margin).
j & t foods ltd Estimated Valuation
Pomanda estimates the enterprise value of J & T FOODS LTD at £148.8k based on an EBITDA of £45.5k and a 3.27x industry multiple (adjusted for size and gross margin).
j & t foods ltd Estimated Valuation
Pomanda estimates the enterprise value of J & T FOODS LTD at £92.2k based on Net Assets of £34.2k and 2.7x industry multiple (adjusted for liquidity).
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J & T Foods Ltd Overview
J & T Foods Ltd is a live company located in middlesex, UB2 5TW with a Companies House number of 09877374. It operates in the retail sale in non-specialised stores with food, beverages or tobacco predominating sector, SIC Code 47110. Founded in November 2015, it's largest shareholder is tarloc singh tal with a 51% stake. J & T Foods Ltd is a established, small sized company, Pomanda has estimated its turnover at £2.4m with healthy growth in recent years.
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J & T Foods Ltd Health Check
Pomanda's financial health check has awarded J & T Foods Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
5 Weak
Size
annual sales of £2.4m, make it in line with the average company (£2.3m)
- J & T Foods Ltd
£2.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 4%, show it is growing at a similar rate (5.4%)
- J & T Foods Ltd
5.4% - Industry AVG
Production
with a gross margin of 17.3%, this company has a higher cost of product (23.3%)
- J & T Foods Ltd
23.3% - Industry AVG
Profitability
an operating margin of 1.9% make it less profitable than the average company (3.2%)
- J & T Foods Ltd
3.2% - Industry AVG
Employees
with 8 employees, this is below the industry average (25)
8 - J & T Foods Ltd
25 - Industry AVG
Pay Structure
on an average salary of £16.7k, the company has an equivalent pay structure (£16.7k)
- J & T Foods Ltd
£16.7k - Industry AVG
Efficiency
resulting in sales per employee of £301k, this is more efficient (£124.7k)
- J & T Foods Ltd
£124.7k - Industry AVG
Debtor Days
it gets paid by customers after 47 days, this is later than average (4 days)
- J & T Foods Ltd
4 days - Industry AVG
Creditor Days
its suppliers are paid after 91 days, this is slower than average (29 days)
- J & T Foods Ltd
29 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- J & T Foods Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - J & T Foods Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 93.8%, this is a higher level of debt than the average (66%)
93.8% - J & T Foods Ltd
66% - Industry AVG
J & T FOODS LTD financials
J & T Foods Ltd's latest turnover from May 2023 is estimated at £2.4 million and the company has net assets of £34.2 thousand. According to their latest financial statements, J & T Foods Ltd has 8 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
May 2023 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 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 | 8 | 8 | 7 | 5 | 4 | 4 | |
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
May 2023 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | |
---|---|---|---|---|---|---|---|
Tangible Assets | 227,585 | 239,375 | 200,914 | 202,056 | 203,450 | 9,442 | 9,020 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 195,707 | 195,707 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 227,585 | 239,375 | 200,914 | 202,056 | 203,450 | 205,149 | 204,727 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 19,660 | 21,000 |
Trade Debtors | 314,395 | 199,438 | 285,466 | 268,528 | 191,403 | 7,500 | 0 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 5,557 | 5,557 | 5,557 | 5,557 | 0 | 0 | 0 |
Cash | 0 | 0 | 0 | 0 | 0 | 116,713 | 47,945 |
misc current assets | 0 | 0 | 0 | 0 | 6,557 | 0 | 0 |
total current assets | 319,952 | 204,995 | 291,023 | 274,085 | 197,960 | 143,873 | 68,945 |
total assets | 547,537 | 444,370 | 491,937 | 476,141 | 401,410 | 349,022 | 273,672 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 497,218 | 368,592 | 438,012 | 390,881 | 321,560 | 4,306 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 16 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 0 | 0 | 0 | 0 | 0 | 17,322 | 3,156 |
total current liabilities | 497,218 | 368,592 | 438,012 | 390,881 | 321,560 | 21,644 | 3,156 |
loans | 0 | 0 | 0 | 0 | 0 | 275,444 | 219,614 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 3 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 16,167 | 34,915 | 0 | 19,000 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 16,167 | 34,918 | 0 | 19,000 | 0 | 275,444 | 219,614 |
total liabilities | 513,385 | 403,510 | 438,012 | 409,881 | 321,560 | 297,088 | 222,770 |
net assets | 34,152 | 40,860 | 53,925 | 66,260 | 79,850 | 51,934 | 50,902 |
total shareholders funds | 34,152 | 40,860 | 53,925 | 66,260 | 79,850 | 51,934 | 50,902 |
May 2023 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | |
---|---|---|---|---|---|---|---|
Operating Activities | |||||||
Operating Profit | |||||||
Depreciation | 2,073 | 1,980 | |||||
Amortisation | 0 | 0 | |||||
Tax | |||||||
Stock | 0 | 0 | 0 | 0 | -19,660 | -1,340 | 21,000 |
Debtors | 319,952 | -86,028 | 16,938 | 82,682 | 183,903 | 7,500 | 0 |
Creditors | 497,218 | -69,420 | 47,131 | 69,321 | 317,254 | 4,306 | 0 |
Accruals and Deferred Income | 0 | 3 | 0 | 0 | -17,322 | 14,166 | 3,156 |
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 | -16 | 16 | 0 |
Long term loans | 0 | 0 | 0 | 0 | -275,444 | 55,830 | 219,614 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 16,167 | 34,915 | -19,000 | 19,000 | 0 | 0 | 0 |
share issue | |||||||
interest | |||||||
cash flow from financing | |||||||
cash and cash equivalents | |||||||
cash | 0 | 0 | 0 | 0 | -116,713 | 68,768 | 47,945 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 0 | 0 | 0 | 0 | -116,713 | 68,768 | 47,945 |
j & t foods ltd Credit Report and Business Information
J & T Foods Ltd Competitor Analysis
Perform a competitor analysis for j & t foods ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in UB2 area or any other competitors across 12 key performance metrics.
j & t foods ltd Ownership
J & T FOODS LTD group structure
J & T Foods Ltd has no subsidiary companies.
Ultimate parent company
J & T FOODS LTD
09877374
j & t foods ltd directors
J & T Foods Ltd currently has 2 directors. The longest serving directors include Mr Tarloc Tal (Nov 2015) and Mr Dalinder Tal (Nov 2015).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Tarloc Tal | England | 36 years | Nov 2015 | - | Director |
Mr Dalinder Tal | England | 35 years | Nov 2015 | - | Director |
P&L
May 2023turnover
2.4m
0%
operating profit
45.5k
0%
gross margin
17.3%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
34.2k
0%
total assets
547.5k
0%
cash
0
0%
net assets
Total assets minus all liabilities
j & t foods ltd company details
company number
09877374
Type
Private limited with Share Capital
industry
47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating
incorporation date
November 2015
age
10
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
May 2023
previous names
N/A
accountant
-
auditor
-
address
6 raleigh road, southall, middlesex, UB2 5TW
Bank
-
Legal Advisor
-
j & t foods 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 j & t foods ltd.
j & t foods 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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j & t foods ltd Companies House Filings - See Documents
date | description | view/download |
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