j & t foods ltd

j & t foods ltd Company Information

Share J & T FOODS LTD
Live 
EstablishedSmallHealthy

Company Number

09877374

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

£726.6k

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

£148.8k

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

£92.2k

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

Health Check Image
Health Rating2.5out of 5
positive_score

2 Strong

positive_score

3 Regular

positive_score

5 Weak

size

Size

annual sales of £2.4m, make it in line with the average company (£2.3m)

£2.4m - J & T Foods Ltd

£2.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 4%, show it is growing at a similar rate (5.4%)

4% - J & T Foods Ltd

5.4% - Industry AVG

production

Production

with a gross margin of 17.3%, this company has a higher cost of product (23.3%)

17.3% - J & T Foods Ltd

23.3% - Industry AVG

profitability

Profitability

an operating margin of 1.9% make it less profitable than the average company (3.2%)

1.9% - J & T Foods Ltd

3.2% - Industry AVG

employees

Employees

with 8 employees, this is below the industry average (25)

8 - J & T Foods Ltd

25 - Industry AVG

paystructure

Pay Structure

on an average salary of £16.7k, the company has an equivalent pay structure (£16.7k)

£16.7k - J & T Foods Ltd

£16.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £301k, this is more efficient (£124.7k)

£301k - J & T Foods Ltd

£124.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 47 days, this is later than average (4 days)

47 days - J & T Foods Ltd

4 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 91 days, this is slower than average (29 days)

91 days - J & T Foods Ltd

29 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - J & T Foods Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - J & T Foods Ltd

- - Industry AVG

debtlevel

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

EXPORTms excel logo

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 HousePomanda Estimates

May 2023Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016
Turnover2,408,2371,574,3932,112,1701,855,1831,477,860154,499173,664
Other Income Or Grants0000000
Cost Of Sales1,992,5521,315,2281,770,0441,540,6081,233,789128,375144,741
Gross Profit415,685259,164342,126314,575244,07126,12428,923
Admin Expenses370,149272,229354,461328,165200,6249,172-41,383
Operating Profit45,536-13,065-12,335-13,59043,44716,95270,306
Interest Payable00009,29716,0906,863
Interest Receivable000043841260
Pre-Tax Profit45,536-13,065-12,335-13,59034,5881,27463,503
Tax-11,384000-6,572-242-12,700
Profit After Tax34,152-13,065-12,335-13,59028,0161,03250,802
Dividends Paid0000000
Retained Profit34,152-13,065-12,335-13,59028,0161,03250,802
Employee Costs133,990127,634105,47279,32764,00062,10126,656
Number Of Employees8875442
EBITDA*45,536-13,065-12,335-13,59043,44719,02572,286

* Earnings Before Interest, Tax, Depreciation and Amortisation

May 2023Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016
Tangible Assets227,585239,375200,914202,056203,4509,4429,020
Intangible Assets00000195,707195,707
Investments & Other0000000
Debtors (Due After 1 year)0000000
Total Fixed Assets227,585239,375200,914202,056203,450205,149204,727
Stock & work in progress0000019,66021,000
Trade Debtors314,395199,438285,466268,528191,4037,5000
Group Debtors0000000
Misc Debtors5,5575,5575,5575,557000
Cash00000116,71347,945
misc current assets00006,55700
total current assets319,952204,995291,023274,085197,960143,87368,945
total assets547,537444,370491,937476,141401,410349,022273,672
Bank overdraft0000000
Bank loan0000000
Trade Creditors 497,218368,592438,012390,881321,5604,3060
Group/Directors Accounts0000000
other short term finances00000160
hp & lease commitments0000000
other current liabilities0000017,3223,156
total current liabilities497,218368,592438,012390,881321,56021,6443,156
loans00000275,444219,614
hp & lease commitments0000000
Accruals and Deferred Income0300000
other liabilities16,16734,915019,000000
provisions0000000
total long term liabilities16,16734,918019,0000275,444219,614
total liabilities513,385403,510438,012409,881321,560297,088222,770
net assets34,15240,86053,92566,26079,85051,93450,902
total shareholders funds34,15240,86053,92566,26079,85051,93450,902
May 2023Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016
Operating Activities
Operating Profit45,536-13,065-12,335-13,59043,44716,95270,306
Depreciation000002,0731,980
Amortisation0000000
Tax-11,384000-6,572-242-12,700
Stock0000-19,660-1,34021,000
Debtors319,952-86,02816,93882,682183,9037,5000
Creditors497,218-69,42047,13169,321317,2544,3060
Accruals and Deferred Income0300-17,32214,1663,156
Deferred Taxes & Provisions0000000
Cash flow from operations211,4183,54617,858-26,951172,56431,09541,742
Investing Activities
capital expenditure-227,585-38,4611,1421,3941,699-2,495-206,707
Change in Investments0000000
cash flow from investments-227,585-38,4611,1421,3941,699-2,495-206,707
Financing Activities
Bank loans0000000
Group/Directors Accounts0000000
Other Short Term Loans 0000-16160
Long term loans0000-275,44455,830219,614
Hire Purchase and Lease Commitments0000000
other long term liabilities16,16734,915-19,00019,000000
share issue0000-1000100
interest0000-8,859-15,678-6,803
cash flow from financing16,16734,915-19,00019,000-284,41940,168212,911
cash and cash equivalents
cash0000-116,71368,76847,945
overdraft0000000
change in cash0000-116,71368,76847,945

j & t foods ltd 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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J & T Foods Ltd Competitor Analysis

competitor_analysis_table_img

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 Shareholders

tarloc singh tal 51%
jagjeet singh tal 49%

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).

officercountryagestartendrole
Mr Tarloc TalEngland36 years Nov 2015- Director
Mr Dalinder TalEngland35 years Nov 2015- Director

P&L

May 2023

turnover

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 2023

net 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

None

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

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