jig uk plant hire ltd
jig uk plant hire ltd Company Information
Company Number
11203426
Next Accounts
Nov 2025
Shareholders
ian pallas
joseph hughes
View AllGroup Structure
View All
Industry
Renting and leasing of construction and civil engineering machinery and equipment
Registered Address
plantation cottage, middleton st george, darlington, DL2 1RJ
Website
-jig uk plant hire ltd Estimated Valuation
Pomanda estimates the enterprise value of JIG UK PLANT HIRE LTD at £1.4m based on a Turnover of £2.5m and 0.55x industry multiple (adjusted for size and gross margin).
jig uk plant hire ltd Estimated Valuation
Pomanda estimates the enterprise value of JIG UK PLANT HIRE LTD at £2.4m based on an EBITDA of £792k and a 3.01x industry multiple (adjusted for size and gross margin).
jig uk plant hire ltd Estimated Valuation
Pomanda estimates the enterprise value of JIG UK PLANT HIRE LTD at £2.6m based on Net Assets of £1.2m and 2.15x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Jig Uk Plant Hire Ltd Overview
Jig Uk Plant Hire Ltd is a live company located in darlington, DL2 1RJ with a Companies House number of 11203426. It operates in the renting and leasing of construction and civil engineering machinery and equipment sector, SIC Code 77320. Founded in February 2018, it's largest shareholder is ian pallas with a 33.3% stake. Jig Uk Plant Hire Ltd is a young, small sized company, Pomanda has estimated its turnover at £2.5m with high growth in recent years.
Upgrade for unlimited company reports & a free credit check
Jig Uk Plant Hire Ltd Health Check
Pomanda's financial health check has awarded Jig Uk Plant Hire Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
5 Weak
Size
annual sales of £2.5m, make it smaller than the average company (£12.1m)
- Jig Uk Plant Hire Ltd
£12.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 28%, show it is growing at a faster rate (10.4%)
- Jig Uk Plant Hire Ltd
10.4% - Industry AVG
Production
with a gross margin of 34.8%, this company has a comparable cost of product (34.8%)
- Jig Uk Plant Hire Ltd
34.8% - Industry AVG
Profitability
an operating margin of 7.6% make it less profitable than the average company (12.2%)
- Jig Uk Plant Hire Ltd
12.2% - Industry AVG
Employees
with 6 employees, this is below the industry average (59)
6 - Jig Uk Plant Hire Ltd
59 - Industry AVG
Pay Structure
on an average salary of £44.9k, the company has an equivalent pay structure (£44.9k)
- Jig Uk Plant Hire Ltd
£44.9k - Industry AVG
Efficiency
resulting in sales per employee of £419.4k, this is more efficient (£221.9k)
- Jig Uk Plant Hire Ltd
£221.9k - Industry AVG
Debtor Days
it gets paid by customers after 103 days, this is later than average (60 days)
- Jig Uk Plant Hire Ltd
60 days - Industry AVG
Creditor Days
its suppliers are paid after 18 days, this is quicker than average (46 days)
- Jig Uk Plant Hire Ltd
46 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Jig Uk Plant Hire Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 13 weeks, this is more cash available to meet short term requirements (9 weeks)
13 weeks - Jig Uk Plant Hire Ltd
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 59.3%, this is a similar level of debt than the average (55.1%)
59.3% - Jig Uk Plant Hire Ltd
55.1% - Industry AVG
JIG UK PLANT HIRE LTD financials
Jig Uk Plant Hire Ltd's latest turnover from February 2024 is estimated at £2.5 million and the company has net assets of £1.2 million. According to their latest financial statements, Jig Uk Plant Hire Ltd has 6 employees and maintains cash reserves of £331.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | |
|---|---|---|---|---|---|---|
| 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 | 6 | 16 | 13 | 5 | 3 | 3 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 1,939,462 | 3,128,295 | 2,844,255 | 2,001,314 | 1,500,234 | 438,645 |
| Intangible Assets | ||||||
| Investments & Other | ||||||
| Debtors (Due After 1 year) | ||||||
| Total Fixed Assets | 1,939,462 | 3,128,295 | 2,844,255 | 2,001,314 | 1,500,234 | 438,645 |
| Stock & work in progress | ||||||
| Trade Debtors | 711,158 | 421,654 | 471,655 | 305,036 | 141,054 | 197,178 |
| Group Debtors | ||||||
| Misc Debtors | 20,232 | 56,964 | ||||
| Cash | 331,876 | 385,577 | 77,995 | 486,531 | 98,430 | |
| misc current assets | ||||||
| total current assets | 1,043,034 | 807,231 | 549,650 | 811,799 | 296,448 | 197,178 |
| total assets | 2,982,496 | 3,935,526 | 3,393,905 | 2,813,113 | 1,796,682 | 635,823 |
| Bank overdraft | 10,718 | 33,293 | 42,543 | 50,000 | ||
| Bank loan | ||||||
| Trade Creditors | 82,168 | 118,347 | 120,950 | 113,104 | 108,802 | 122,035 |
| Group/Directors Accounts | 33,476 | 33,476 | 133,476 | 1,476 | 92 | |
| other short term finances | ||||||
| hp & lease commitments | 705,363 | 1,254,478 | 1,011,498 | 667,961 | 436,816 | 121,500 |
| other current liabilities | 450,939 | 209,919 | 148,235 | 14,408 | 3,368 | 84,072 |
| total current liabilities | 1,282,664 | 1,649,513 | 1,456,702 | 846,949 | 549,078 | 327,607 |
| loans | 12,555 | |||||
| hp & lease commitments | 726,234 | 1,258,009 | 1,087,708 | 819,227 | ||
| Accruals and Deferred Income | ||||||
| other liabilities | 243,000 | |||||
| provisions | 473,245 | 501,622 | 252,720 | 189,706 | 104,191 | |
| total long term liabilities | 485,800 | 1,227,856 | 1,510,729 | 1,277,414 | 923,418 | 243,000 |
| total liabilities | 1,768,464 | 2,877,369 | 2,967,431 | 2,124,363 | 1,472,496 | 570,607 |
| net assets | 1,214,032 | 1,058,157 | 426,474 | 688,750 | 324,186 | 65,216 |
| total shareholders funds | 1,214,032 | 1,058,157 | 426,474 | 688,750 | 324,186 | 65,216 |
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 599,789 | 714,592 | 576,453 | 355,606 | ||
| Amortisation | ||||||
| Tax | ||||||
| Stock | ||||||
| Debtors | 289,504 | -50,001 | 146,387 | 127,250 | 840 | 197,178 |
| Creditors | -36,179 | -2,603 | 7,846 | 4,302 | -13,233 | 122,035 |
| Accruals and Deferred Income | 241,020 | 61,684 | 133,827 | 11,040 | -80,704 | 84,072 |
| Deferred Taxes & Provisions | -28,377 | 248,902 | 63,014 | 85,515 | 104,191 | |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | ||||||
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | ||||||
| Group/Directors Accounts | -100,000 | 132,000 | 1,384 | 92 | ||
| Other Short Term Loans | ||||||
| Long term loans | 12,555 | |||||
| Hire Purchase and Lease Commitments | -1,275,349 | -288,795 | 513,838 | 499,626 | 1,134,543 | 121,500 |
| other long term liabilities | -243,000 | 243,000 | ||||
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | -53,701 | 307,582 | -408,536 | 388,101 | 98,430 | |
| overdraft | -22,575 | -9,250 | -7,457 | 50,000 | ||
| change in cash | -31,126 | 316,832 | -401,079 | 338,101 | 98,430 |
jig uk plant hire ltd Credit Report and Business Information
Jig Uk Plant Hire Ltd Competitor Analysis
Perform a competitor analysis for jig uk plant hire ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in DL2 area or any other competitors across 12 key performance metrics.
jig uk plant hire ltd Ownership
JIG UK PLANT HIRE LTD group structure
Jig Uk Plant Hire Ltd has no subsidiary companies.
Ultimate parent company
JIG UK PLANT HIRE LTD
11203426
jig uk plant hire ltd directors
Jig Uk Plant Hire Ltd currently has 3 directors. The longest serving directors include Mr Gary Hughes (Feb 2018) and Mr Joseph Hughes (Feb 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Gary Hughes | United Kingdom | 52 years | Feb 2018 | - | Director |
| Mr Joseph Hughes | England | 46 years | Feb 2018 | - | Director |
| Mr Ian Pallas | England | 50 years | Feb 2018 | - | Director |
P&L
February 2024turnover
2.5m
+7%
operating profit
192.2k
0%
gross margin
34.8%
+0.95%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2024net assets
1.2m
+0.15%
total assets
3m
-0.24%
cash
331.9k
-0.14%
net assets
Total assets minus all liabilities
jig uk plant hire ltd company details
company number
11203426
Type
Private limited with Share Capital
industry
77320 - Renting and leasing of construction and civil engineering machinery and equipment
incorporation date
February 2018
age
7
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
February 2024
previous names
N/A
accountant
-
auditor
-
address
plantation cottage, middleton st george, darlington, DL2 1RJ
Bank
-
Legal Advisor
-
jig uk plant hire 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 jig uk plant hire ltd.
jig uk plant hire 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.
Click to start generating capital raising & share issue transactions for JIG UK PLANT HIRE LTD. This can take several minutes, an email will notify you when this has completed.
jig uk plant hire ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
