Pomanda estimates the enterprise value of J & H LETTINGS LTD at £353.1k based on a Turnover of £152.3k and 2.32x industry multiple (adjusted for size and gross margin).
j & h lettings ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of J & H LETTINGS LTD at £0 based on an EBITDA of £-3.1k and a 4.52x industry multiple (adjusted for size and gross margin).
j & h lettings ltdEstimated Valuation
£4.2k
Pomanda estimates the enterprise value of J & H LETTINGS LTD at £4.2k based on Net Assets of £2.5k and 1.68x industry multiple (adjusted for liquidity).
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J & H Lettings LtdOverview
J & H Lettings Ltd is a live company located in sittingbourne, ME9 7JL with a Companies House number of 10447095. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in October 2016, it's largest shareholder is
hilary withers
with a 50% stake. J & H Lettings Ltd is a young,
micro sized company, Pomanda has estimated its turnover at
£152.3k with
declining
growth in recent years.
Pomanda's financial health check has awarded J & H Lettings Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
Health Rating1out of 5
1 Strong
1 Regular
8 Weak
Size
annual sales of £152.3k, make it smaller than the average company (£998k)
£152.3k - J & H Lettings Ltd
£998k - Industry AVG
Growth
3 year (CAGR) sales growth of -7%, show it is growing at a slower rate (5.9%)
-7% - J & H Lettings Ltd
5.9% - Industry AVG
Production
with a gross margin of 31%, this company has a higher cost of product (72.3%)
31% - J & H Lettings Ltd
72.3% - Industry AVG
Profitability
an operating margin of -2% make it less profitable than the average company (27.9%)
-2% - J & H Lettings Ltd
27.9% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - J & H Lettings Ltd
4 - Industry AVG
Pay Structure
on an average salary of £34k, the company has an equivalent pay structure (£34k)
£34k - J & H Lettings Ltd
£34k - Industry AVG
Efficiency
resulting in sales per employee of £76.1k, this is less efficient (£196.8k)
£76.1k - J & H Lettings Ltd
£196.8k - Industry AVG
Debtor Days
it gets paid by customers after 83 days, this is later than average (31 days)
83 days - J & H Lettings Ltd
31 days - Industry AVG
Creditor Days
its suppliers are paid after 119 days, this is slower than average (36 days)
119 days - J & H Lettings Ltd
36 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - J & H Lettings Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - J & H Lettings Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 93.2%, this is a higher level of debt than the average (68.7%)
93.2% - J & H Lettings Ltd
68.7% - Industry AVG
J & H LETTINGS LTD financials
EXPORT
J & H Lettings Ltd's latest turnover from September 2024 is estimated at £152.3 thousand and the company has net assets of £2.5 thousand. According to their latest financial statements, J & H Lettings Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Sep 2024
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Turnover
152,267
161,958
110,694
187,647
122,396
247,012
146,578
86,719
Other Income Or Grants
Cost Of Sales
105,013
113,705
79,522
138,345
87,936
176,287
103,445
58,901
Gross Profit
47,255
48,253
31,172
49,302
34,460
70,726
43,133
27,818
Admin Expenses
50,331
92,668
54,490
41,794
13,383
43,710
37,343
3,296
Operating Profit
-3,076
-44,415
-23,318
7,508
21,077
27,016
5,790
24,522
Interest Payable
Interest Receivable
1,959
1,668
74
37
Pre-Tax Profit
-3,076
-42,456
-21,650
7,581
21,114
27,016
5,790
24,522
Tax
-1,440
-4,012
-5,133
-1,100
-4,659
Profit After Tax
-3,076
-42,456
-21,650
6,141
17,102
21,883
4,690
19,863
Dividends Paid
Retained Profit
-3,076
-42,456
-21,650
6,141
17,102
21,883
4,690
19,863
Employee Costs
68,051
95,761
92,146
85,244
55,524
85,936
54,777
25,993
Number Of Employees
2
3
3
3
2
3
2
1
EBITDA*
-3,076
-43,561
-22,179
9,027
21,077
27,016
5,790
24,522
* Earnings Before Interest, Tax, Depreciation and Amortisation
Sep 2024
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Tangible Assets
1,922
2,563
3,417
4,556
6,075
5,543
6,929
7,077
Intangible Assets
Investments & Other
1
1
1
Debtors (Due After 1 year)
Total Fixed Assets
1,922
2,563
3,417
4,556
6,075
5,544
6,930
7,078
Stock & work in progress
Trade Debtors
35,018
37,968
62,427
38,733
21,476
Group Debtors
Misc Debtors
4,282
5,509
4,991
Cash
74,645
73,665
74,025
misc current assets
215
215
total current assets
35,018
37,968
78,927
79,389
79,231
62,427
38,733
21,476
total assets
36,940
40,531
82,344
83,945
85,306
67,971
45,663
28,554
Bank overdraft
Bank loan
Trade Creditors
34,443
34,958
614
21,535
21,110
8,691
Group/Directors Accounts
8,669
other short term finances
hp & lease commitments
other current liabilities
33,699
14,264
13,097
total current liabilities
34,443
34,958
34,313
14,264
21,766
21,535
21,110
8,691
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
34,443
34,958
34,313
14,264
21,766
21,535
21,110
8,691
net assets
2,497
5,573
48,031
69,681
63,540
46,436
24,553
19,863
total shareholders funds
2,497
5,573
48,031
69,681
63,540
46,436
24,553
19,863
Sep 2024
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Operating Activities
Operating Profit
-3,076
-44,415
-23,318
7,508
21,077
27,016
5,790
24,522
Depreciation
854
1,139
1,519
Amortisation
Tax
-1,440
-4,012
-5,133
-1,100
-4,659
Stock
Debtors
-2,950
33,686
-1,227
518
-57,436
23,694
17,257
21,476
Creditors
-515
34,344
614
-21,535
425
12,419
8,691
Accruals and Deferred Income
-33,699
19,435
1,167
13,097
Deferred Taxes & Provisions
Cash flow from operations
-641
-76,602
-903
8,236
66,063
-1,386
-148
7,078
Investing Activities
capital expenditure
641
-532
1,386
148
-7,077
Change in Investments
-1
1
cash flow from investments
641
-531
1,386
148
-7,078
Financing Activities
Bank loans
Group/Directors Accounts
-8,669
8,669
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
-2
2
interest
1,959
1,668
74
37
cash flow from financing
1,957
1,668
-8,595
8,708
cash and cash equivalents
cash
-74,645
980
-360
74,025
overdraft
change in cash
-74,645
980
-360
74,025
j & h lettings ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for j & h lettings ltd. Get real-time insights into j & h lettings ltd's credit score, group structure and payment trends.
Perform a competitor analysis for j & h lettings ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in ME9 area or any other competitors across 12 key performance metrics.
j & h lettings ltd Ownership
J & H LETTINGS LTD group structure
J & H Lettings Ltd has no subsidiary companies.
Ultimate parent company
J & H LETTINGS LTD
10447095
J & H LETTINGS LTD Shareholders
The largest shareholders in J & H Lettings Ltd include Hilary Withers and Keith Withers.
hilary withers
50%
keith withers
50%
j & h lettings ltd directors
J & H Lettings Ltd currently has 2 directors.
The longest serving directors include
Mrs Hilary Withers (Oct 2016) and
Mr Keith Withers (Jan 2024).
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
October 2016
age
9
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
September 2024
previous names
N/A
accountant
-
auditor
-
address
40-42 high street, newington, sittingbourne, kent, ME9 7JL
Bank
-
Legal Advisor
-
j & h lettings 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 & h lettings ltd.
j & h lettings 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 & h lettings ltdCompanies House Filings - See Documents
