jmhing power limited

jmhing power limited Company Information

Share JMHING POWER LIMITED
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Company Number

10442819

Industry

Manufacture of batteries and accumulators

 

Directors

Jason Osler

Shareholders

jason osler

Group Structure

View All

Contact

Registered Address

newspaper house chemical lane, newcastle under lyme, stoke on trent, ST6 4QZ

jmhing power limited Estimated Valuation

£229k

Pomanda estimates the enterprise value of JMHING POWER LIMITED at £229k based on a Turnover of £409.5k and 0.56x industry multiple (adjusted for size and gross margin).

jmhing power limited Estimated Valuation

£3.1m

Pomanda estimates the enterprise value of JMHING POWER LIMITED at £3.1m based on an EBITDA of £865.3k and a 3.64x industry multiple (adjusted for size and gross margin).

jmhing power limited Estimated Valuation

£2.2m

Pomanda estimates the enterprise value of JMHING POWER LIMITED at £2.2m based on Net Assets of £1.3m and 1.63x industry multiple (adjusted for liquidity).

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Jmhing Power Limited Overview

Jmhing Power Limited is a live company located in stoke on trent, ST6 4QZ with a Companies House number of 10442819. It operates in the manufacture of batteries and accumulators sector, SIC Code 27200. Founded in October 2016, it's largest shareholder is jason osler with a 100% stake. Jmhing Power Limited is a young, micro sized company, Pomanda has estimated its turnover at £409.5k with declining growth in recent years.

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Jmhing Power Limited Health Check

Pomanda's financial health check has awarded Jmhing Power Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

3 Strong

positive_score

3 Regular

positive_score

3 Weak

size

Size

annual sales of £409.5k, make it smaller than the average company (£14.4m)

£409.5k - Jmhing Power Limited

£14.4m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -33%, show it is growing at a slower rate (4.2%)

-33% - Jmhing Power Limited

4.2% - Industry AVG

production

Production

with a gross margin of 19.2%, this company has a comparable cost of product (19.2%)

19.2% - Jmhing Power Limited

19.2% - Industry AVG

profitability

Profitability

an operating margin of 211.3% make it more profitable than the average company (2.1%)

211.3% - Jmhing Power Limited

2.1% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (80)

2 - Jmhing Power Limited

80 - Industry AVG

paystructure

Pay Structure

on an average salary of £41.8k, the company has an equivalent pay structure (£41.8k)

£41.8k - Jmhing Power Limited

£41.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £204.8k, this is equally as efficient (£204.8k)

£204.8k - Jmhing Power Limited

£204.8k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Jmhing Power Limited

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Jmhing Power Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Jmhing Power Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 14 weeks, this is more cash available to meet short term requirements (6 weeks)

14 weeks - Jmhing Power Limited

6 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 29.3%, this is a lower level of debt than the average (71.7%)

29.3% - Jmhing Power Limited

71.7% - Industry AVG

JMHING POWER LIMITED financials

EXPORTms excel logo

Jmhing Power Limited's latest turnover from October 2023 is estimated at £409.5 thousand and the company has net assets of £1.3 million. According to their latest financial statements, Jmhing Power Limited has 2 employees and maintains cash reserves of £114.7 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017
Turnover409,506176,278533,5621,372,319307,614617,504262,437
Other Income Or Grants0000000
Cost Of Sales330,811141,035424,2241,081,751229,160441,047190,123
Gross Profit78,69535,243109,338290,56878,454176,45772,314
Admin Expenses-786,645-263,929-410,755251,426-3,711195,26874,094
Operating Profit865,340299,172520,09339,14282,165-18,811-1,780
Interest Payable14,57824,66923,93912,7976,4413,4240
Interest Receivable4,7501,47292873391330
Pre-Tax Profit855,512275,975496,24726,43376,063-22,102-1,780
Tax-213,878-52,435-94,287-5,022-14,45200
Profit After Tax641,634223,540401,96021,41161,611-22,102-1,780
Dividends Paid0000000
Retained Profit641,634223,540401,96021,41161,611-22,102-1,780
Employee Costs83,69879,358135,214119,20777,23276,34777,572
Number Of Employees2233222
EBITDA*865,340379,703559,56158,69289,443-16,6630

* Earnings Before Interest, Tax, Depreciation and Amortisation

Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017
Tangible Assets1,762,1821,175,580689,51086,43728,7564,3925,340
Intangible Assets0000000
Investments & Other0000000
Debtors (Due After 1 year)012,13800000
Total Fixed Assets1,762,1821,187,718689,51086,43728,7564,3925,340
Stock & work in progress00000047,645
Trade Debtors000273,27847,827142,7200
Group Debtors00500,0000000
Misc Debtors02,210135054,07900
Cash114,68066,25964,615120,10054,79435,5380
misc current assets1010000
total current assets114,68168,469564,751393,378156,700178,25847,645
total assets1,876,8631,256,1871,254,261479,815185,456182,65052,985
Bank overdraft000026000
Bank loan0000000
Trade Creditors 0100000
Group/Directors Accounts00000053,765
other short term finances0000000
hp & lease commitments0000000
other current liabilities419,826413,283323,53875,56957,343104,0790
total current liabilities419,826413,284323,53875,56957,603104,07953,765
loans115,833143,333454,693330,17689,124101,4530
hp & lease commitments0000000
Accruals and Deferred Income0000000
other liabilities0000000
provisions13,93013,93013,93013,930000
total long term liabilities129,763157,263468,623344,10689,124101,4530
total liabilities549,589570,547792,161419,675146,727205,53253,765
net assets1,327,274685,640462,10060,14038,729-22,882-780
total shareholders funds1,327,274685,640462,10060,14038,729-22,882-780
Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017
Operating Activities
Operating Profit865,340299,172520,09339,14282,165-18,811-1,780
Depreciation080,53139,46819,5507,2782,1481,780
Amortisation0000000
Tax-213,878-52,435-94,287-5,022-14,45200
Stock00000-47,64547,645
Debtors-14,348-485,787226,857171,372-40,814142,7200
Creditors-1100000
Accruals and Deferred Income6,54389,745247,96918,226-46,736104,0790
Deferred Taxes & Provisions00013,930000
Cash flow from operations672,352902,801486,386-85,54669,069-7,659-47,645
Investing Activities
capital expenditure-586,602-566,601-642,541-77,231-31,642-1,200-7,120
Change in Investments0000000
cash flow from investments-586,602-566,601-642,541-77,231-31,642-1,200-7,120
Financing Activities
Bank loans0000000
Group/Directors Accounts00000-53,76553,765
Other Short Term Loans 0000000
Long term loans-27,500-311,360124,517241,052-12,329101,4530
Hire Purchase and Lease Commitments0000000
other long term liabilities0000000
share issue0000001,000
interest-9,828-23,197-23,847-12,710-6,102-3,2910
cash flow from financing-37,328-334,557100,670228,342-18,43144,39754,765
cash and cash equivalents
cash48,4211,644-55,48565,30619,25635,5380
overdraft000-26026000
change in cash48,4211,644-55,48565,56618,99635,5380

jmhing power 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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Jmhing Power Limited Competitor Analysis

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Perform a competitor analysis for jmhing power limited by selecting its closest rivals, whether from the MANUFACTURING sector, other micro companies, companies in ST6 area or any other competitors across 12 key performance metrics.

jmhing power limited Ownership

JMHING POWER LIMITED group structure

Jmhing Power Limited has no subsidiary companies.

Ultimate parent company

JMHING POWER LIMITED

10442819

JMHING POWER LIMITED Shareholders

jason osler 100%

jmhing power limited directors

Jmhing Power Limited currently has 1 director, Mr Jason Osler serving since Oct 2016.

officercountryagestartendrole
Mr Jason OslerUnited Kingdom49 years Oct 2016- Director

P&L

October 2023

turnover

409.5k

+132%

operating profit

865.3k

0%

gross margin

19.3%

-3.88%

turnover

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

Balance Sheet

October 2023

net assets

1.3m

+0.94%

total assets

1.9m

+0.49%

cash

114.7k

+0.73%

net assets

Total assets minus all liabilities

jmhing power limited company details

company number

10442819

Type

Private limited with Share Capital

industry

27200 - Manufacture of batteries and accumulators

incorporation date

October 2016

age

8

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

October 2023

previous names

N/A

accountant

B S PANESAR & ASSOCIATES LTD

auditor

-

address

newspaper house chemical lane, newcastle under lyme, stoke on trent, ST6 4QZ

Bank

-

Legal Advisor

-

jmhing power 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 jmhing power limited.

jmhing power 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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jmhing power limited Companies House Filings - See Documents

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