2jcp limited

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2jcp limited Company Information

Share 2JCP LIMITED

Company Number

10264773

Directors

Daniel Newton

Shaun Coope

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Shareholders

2jcp group a.s.

Group Structure

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Industry

Engineering design activities for industrial process and production

 

Registered Address

building 1 butterley corner, butterley hill, ripley, DE5 3WT

Website

2jcp.com

2jcp limited Estimated Valuation

£2.6m

Pomanda estimates the enterprise value of 2JCP LIMITED at £2.6m based on a Turnover of £6.2m and 0.42x industry multiple (adjusted for size and gross margin).

2jcp limited Estimated Valuation

£4.9m

Pomanda estimates the enterprise value of 2JCP LIMITED at £4.9m based on an EBITDA of £1.3m and a 3.65x industry multiple (adjusted for size and gross margin).

2jcp limited Estimated Valuation

£3.3m

Pomanda estimates the enterprise value of 2JCP LIMITED at £3.3m based on Net Assets of £1.3m and 2.63x industry multiple (adjusted for liquidity).

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2jcp Limited Overview

2jcp Limited is a live company located in ripley, DE5 3WT with a Companies House number of 10264773. It operates in the engineering design activities for industrial process and production sector, SIC Code 71121. Founded in July 2016, it's largest shareholder is 2jcp group a.s. with a 100% stake. 2jcp Limited is a young, mid sized company, Pomanda has estimated its turnover at £6.2m with rapid growth in recent years.

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2jcp Limited Health Check

Pomanda's financial health check has awarded 2Jcp Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

5 Strong

positive_score

2 Regular

positive_score

4 Weak

size

Size

annual sales of £6.2m, make it larger than the average company (£566.8k)

£6.2m - 2jcp Limited

£566.8k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 100%, show it is growing at a faster rate (8.9%)

100% - 2jcp Limited

8.9% - Industry AVG

production

Production

with a gross margin of 18.8%, this company has a higher cost of product (33.5%)

18.8% - 2jcp Limited

33.5% - Industry AVG

profitability

Profitability

an operating margin of 20.9% make it more profitable than the average company (5.9%)

20.9% - 2jcp Limited

5.9% - Industry AVG

employees

Employees

with 23 employees, this is similar to the industry average (20)

23 - 2jcp Limited

20 - Industry AVG

paystructure

Pay Structure

on an average salary of £54k, the company has an equivalent pay structure (£54k)

£54k - 2jcp Limited

£54k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £268.7k, this is more efficient (£108.2k)

£268.7k - 2jcp Limited

£108.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 210 days, this is later than average (77 days)

210 days - 2jcp Limited

77 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 182 days, this is slower than average (43 days)

182 days - 2jcp Limited

43 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - 2jcp Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (16 weeks)

1 weeks - 2jcp Limited

16 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 68.3%, this is a higher level of debt than the average (49.9%)

68.3% - 2jcp Limited

49.9% - Industry AVG

2JCP LIMITED financials

EXPORTms excel logo

2Jcp Limited's latest turnover from March 2024 is estimated at £6.2 million and the company has net assets of £1.3 million. According to their latest financial statements, 2Jcp Limited has 23 employees and maintains cash reserves of £58.4 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017
Turnover6,180,0283,337,222774,7565,699,5805,480,9393,211,691610,027
Other Income Or Grants
Cost Of Sales5,016,4262,754,643643,1234,759,7684,563,1132,666,286493,031
Gross Profit1,163,602582,579131,633939,812917,825545,406116,997
Admin Expenses-130,507430,686668,967-31,411382,412551,98249,885
Operating Profit1,294,109151,893-537,334971,223535,413-6,57667,112
Interest Payable2727
Interest Receivable1,53311,1335971071,5831,999550
Pre-Tax Profit1,295,643163,026-536,737971,330536,969-4,60467,662
Tax-323,911-30,975-184,553-102,024-12,856
Profit After Tax971,732132,051-536,737786,777434,945-4,60454,806
Dividends Paid
Retained Profit971,732132,051-536,737786,777434,945-4,60454,806
Employee Costs1,243,0651,017,119883,447752,356679,635508,666410,052
Number Of Employees231817151398
EBITDA*1,347,671161,993-526,173980,368542,902-41270,191

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017
Tangible Assets385,06027,92722,42827,20626,45522,30624,957
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets385,06027,92722,42827,20626,45522,30624,957
Stock & work in progress
Trade Debtors3,571,3811,974,11627,3933,082,4643,053,6041,563,758270,882
Group Debtors1,160,295
Misc Debtors59,15293,61852,03479,63114,129
Cash58,413262,828373,361104,427108,859313,356219,798
misc current assets
total current assets3,629,7942,236,9441,620,2013,280,5093,214,4971,956,745504,809
total assets4,014,8542,264,8711,642,6293,307,7153,240,9521,979,051529,766
Bank overdraft802
Bank loan
Trade Creditors 2,505,6951,092,327492,2111,475,1592,335,2941,295,574146,502
Group/Directors Accounts20,412
other short term finances
hp & lease commitments
other current liabilities90,557255,463115,485328,24123,716
total current liabilities2,505,6951,092,327603,1801,730,6222,450,7791,624,617170,218
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities145,480
provisions91,9475,3064,2625,1695,0264,2324,742
total long term liabilities237,4275,3064,2625,1695,0264,2324,742
total liabilities2,743,1221,097,633607,4421,735,7912,455,8051,628,849174,960
net assets1,271,7321,167,2381,035,1871,571,924785,147350,202354,806
total shareholders funds1,271,7321,167,2381,035,1871,571,924785,147350,202354,806
Mar 2024Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017
Operating Activities
Operating Profit1,294,109151,893-537,334971,223535,413-6,57667,112
Depreciation53,56210,10011,1619,1457,4896,1643,079
Amortisation
Tax-323,911-30,975-184,553-102,024-12,856
Stock
Debtors3,571,381727,276-1,929,24270,4441,462,2491,358,378285,011
Creditors2,505,695600,116-982,948-860,1351,039,7201,149,072146,502
Accruals and Deferred Income-90,557-164,906139,978-212,756304,52523,716
Deferred Taxes & Provisions91,9471,044-907143794-5104,742
Cash flow from operations50,021-85,655254,3085,357-193,61394,297-52,716
Investing Activities
capital expenditure-438,622-15,599-6,383-9,896-11,638-3,513-28,036
Change in Investments
cash flow from investments-438,622-15,599-6,383-9,896-11,638-3,513-28,036
Financing Activities
Bank loans
Group/Directors Accounts-20,41220,412
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities145,480
share issue300,000300,000
interest1,53311,1335971071,5561,972550
cash flow from financing447,013-9,27921,0091071,5561,972300,550
cash and cash equivalents
cash58,413-110,533268,934-4,432-204,49793,558219,798
overdraft-802802
change in cash58,413-110,533268,934-4,432-203,69592,756219,798

2jcp 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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2jcp Limited Competitor Analysis

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Perform a competitor analysis for 2jcp limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other mid companies, companies in DE5 area or any other competitors across 12 key performance metrics.

2jcp limited Ownership

2JCP LIMITED group structure

2Jcp Limited has no subsidiary companies.

Ultimate parent company

2 JCP GROUP AS

#0132166

1 parent

2JCP LIMITED

10264773

2JCP LIMITED Shareholders

2jcp group a.s. 100%

2jcp limited directors

2Jcp Limited currently has 5 directors. The longest serving directors include Mr Daniel Newton (Jul 2016) and Mr Shaun Coope (Feb 2017).

officercountryagestartendrole
Mr Daniel NewtonEngland44 years Jul 2016- Director
Mr Shaun CoopeEngland61 years Feb 2017- Director
Mr Grant DevineEngland40 years Jun 2020- Director
Mr Marek PalikaEngland38 years Jun 2020- Director
Mr Vojtch KenovskyEngland39 years Apr 2023- Director

P&L

March 2024

turnover

6.2m

0%

operating profit

1.3m

0%

gross margin

18.9%

0%

turnover

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

Balance Sheet

March 2024

net assets

1.3m

0%

total assets

4m

0%

cash

58.4k

0%

net assets

Total assets minus all liabilities

2jcp limited company details

company number

10264773

Type

Private limited with Share Capital

industry

71121 - Engineering design activities for industrial process and production

incorporation date

July 2016

age

9

incorporated

UK

ultimate parent company

2 JCP GROUP AS

accounts

Unaudited Abridged

last accounts submitted

March 2024

previous names

2 jcp limited (January 2023)

acoustic consulting limited (February 2017)

accountant

JW HINKS LLP

auditor

-

address

building 1 butterley corner, butterley hill, ripley, DE5 3WT

Bank

-

Legal Advisor

-

2jcp 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 2jcp limited.

2jcp limited 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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2jcp limited Companies House Filings - See Documents

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