jr lets limited
jr lets limited Company Information
Company Number
10269857
Website
-Registered Address
first floor, woburn court, 2 railton road, kempston, bedfordshire, MK42 7PN
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Telephone
-
Next Accounts Due
April 2025
Group Structure
View All
Shareholders
julie ann summers 50%
robert james summers 50%
jr lets limited Estimated Valuation
Pomanda estimates the enterprise value of JR LETS LIMITED at £283.1k based on a Turnover of £128.7k and 2.2x industry multiple (adjusted for size and gross margin).
jr lets limited Estimated Valuation
Pomanda estimates the enterprise value of JR LETS LIMITED at £28.4k based on an EBITDA of £5.7k and a 5.03x industry multiple (adjusted for size and gross margin).
jr lets limited Estimated Valuation
Pomanda estimates the enterprise value of JR LETS LIMITED at £19.8k based on Net Assets of £12.2k and 1.62x industry multiple (adjusted for liquidity).
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Jr Lets Limited Overview
Jr Lets Limited is a live company located in kempston, MK42 7PN with a Companies House number of 10269857. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in July 2016, it's largest shareholder is julie ann summers with a 50% stake. Jr Lets Limited is a young, micro sized company, Pomanda has estimated its turnover at £128.7k with healthy growth in recent years.
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Jr Lets Limited Health Check
Pomanda's financial health check has awarded Jr Lets Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £128.7k, make it smaller than the average company (£830.2k)
- Jr Lets Limited
£830.2k - Industry AVG
Growth
3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (2.4%)
- Jr Lets Limited
2.4% - Industry AVG
Production
with a gross margin of 29.9%, this company has a higher cost of product (73.6%)
- Jr Lets Limited
73.6% - Industry AVG
Profitability
an operating margin of 4.4% make it less profitable than the average company (26.6%)
- Jr Lets Limited
26.6% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
- Jr Lets Limited
4 - Industry AVG
Pay Structure
on an average salary of £31.2k, the company has an equivalent pay structure (£31.2k)
- Jr Lets Limited
£31.2k - Industry AVG
Efficiency
resulting in sales per employee of £128.7k, this is less efficient (£177.2k)
- Jr Lets Limited
£177.2k - Industry AVG
Debtor Days
it gets paid by customers after 78 days, this is later than average (32 days)
- Jr Lets Limited
32 days - Industry AVG
Creditor Days
its suppliers are paid after 444 days, this is slower than average (35 days)
- Jr Lets Limited
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Jr Lets Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Jr Lets Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 96%, this is a higher level of debt than the average (68.4%)
96% - Jr Lets Limited
68.4% - Industry AVG
JR LETS LIMITED financials
Jr Lets Limited's latest turnover from July 2023 is estimated at £128.7 thousand and the company has net assets of £12.2 thousand. According to their latest financial statements, we estimate that Jr Lets Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | |
|---|---|---|---|---|---|---|---|
| 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 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 278,251 | 278,251 | 278,251 | 278,251 | 278,251 | 140,646 | 140,646 |
| 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 | 278,251 | 278,251 | 278,251 | 278,251 | 278,251 | 140,646 | 140,646 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 27,790 | 26,106 | 19,785 | 11,438 | 2,696 | 6,595 | 3,909 |
| 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 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 27,790 | 26,106 | 19,785 | 11,438 | 2,696 | 6,595 | 3,909 |
| total assets | 306,041 | 304,357 | 298,036 | 289,689 | 280,947 | 147,241 | 144,555 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 109,728 | 109,107 | 109,481 | 109,419 | 108,698 | 58,680 | 58,740 |
| 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 | 109,728 | 109,107 | 109,481 | 109,419 | 108,698 | 58,680 | 58,740 |
| 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 | 184,106 | 187,282 | 182,332 | 177,382 | 172,432 | 89,055 | 86,505 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 184,106 | 187,282 | 182,332 | 177,382 | 172,432 | 89,055 | 86,505 |
| total liabilities | 293,834 | 296,389 | 291,813 | 286,801 | 281,130 | 147,735 | 145,245 |
| net assets | 12,207 | 7,968 | 6,223 | 2,888 | -183 | -494 | -690 |
| total shareholders funds | 12,207 | 7,968 | 6,223 | 2,888 | -183 | -494 | -690 |
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | ||
| Amortisation | 0 | 0 | 0 | 0 | 0 | ||
| Tax | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 1,684 | 6,321 | 8,347 | 8,742 | -3,899 | 2,686 | 3,909 |
| Creditors | 621 | -374 | 62 | 721 | 50,018 | -60 | 58,740 |
| 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 | -3,176 | 4,950 | 4,950 | 4,950 | 83,377 | 2,550 | 86,505 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
jr lets limited Credit Report and Business Information
Jr Lets Limited Competitor Analysis
Perform a competitor analysis for jr lets limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in MK42 area or any other competitors across 12 key performance metrics.
jr lets limited Ownership
JR LETS LIMITED group structure
Jr Lets Limited has no subsidiary companies.
Ultimate parent company
JR LETS LIMITED
10269857
jr lets limited directors
Jr Lets Limited currently has 2 directors. The longest serving directors include Mr Robert Summers (Jul 2016) and Mrs Julie Summers (Jul 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Robert Summers | United Kingdom | 53 years | Jul 2016 | - | Director |
| Mrs Julie Summers | United Kingdom | 50 years | Jul 2016 | - | Director |
P&L
July 2023turnover
128.7k
+1%
operating profit
5.7k
0%
gross margin
30%
+11.4%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
12.2k
+0.53%
total assets
306k
+0.01%
cash
0
0%
net assets
Total assets minus all liabilities
jr lets limited company details
company number
10269857
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
July 2016
age
8
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
July 2023
previous names
N/A
accountant
HAINES WATTS
auditor
-
address
first floor, woburn court, 2 railton road, kempston, bedfordshire, MK42 7PN
Bank
-
Legal Advisor
-
jr lets 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 jr lets limited.
jr lets limited Companies House Filings - See Documents
| date | description | view/download |
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