jmr property developments limited

jmr property developments limited Company Information

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Company Number

11350184

Industry

Development of building projects

 

Shareholders

michael keith richens

anthony richens

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Group Structure

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Contact

Registered Address

34 church end, renhold, bedford, MK41 0LU

Website

-

jmr property developments limited Estimated Valuation

£550.4k

Pomanda estimates the enterprise value of JMR PROPERTY DEVELOPMENTS LIMITED at £550.4k based on a Turnover of £996.7k and 0.55x industry multiple (adjusted for size and gross margin).

jmr property developments limited Estimated Valuation

£93k

Pomanda estimates the enterprise value of JMR PROPERTY DEVELOPMENTS LIMITED at £93k based on an EBITDA of £24k and a 3.88x industry multiple (adjusted for size and gross margin).

jmr property developments limited Estimated Valuation

£0

Pomanda estimates the enterprise value of JMR PROPERTY DEVELOPMENTS LIMITED at £0 based on Net Assets of £-17.4k and 1.56x industry multiple (adjusted for liquidity).

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Jmr Property Developments Limited Overview

Jmr Property Developments Limited is a live company located in bedford, MK41 0LU with a Companies House number of 11350184. It operates in the development of building projects sector, SIC Code 41100. Founded in May 2018, it's largest shareholder is michael keith richens with a 18.2% stake. Jmr Property Developments Limited is a young, small sized company, Pomanda has estimated its turnover at £996.7k with healthy growth in recent years.

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Jmr Property Developments Limited Health Check

Pomanda's financial health check has awarded Jmr Property Developments Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

1 Strong

positive_score

3 Regular

positive_score

6 Weak

size

Size

annual sales of £996.7k, make it smaller than the average company (£2.3m)

£996.7k - Jmr Property Developments Limited

£2.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 8%, show it is growing at a faster rate (6.6%)

8% - Jmr Property Developments Limited

6.6% - Industry AVG

production

Production

with a gross margin of 25.8%, this company has a comparable cost of product (25.8%)

25.8% - Jmr Property Developments Limited

25.8% - Industry AVG

profitability

Profitability

an operating margin of 2.4% make it less profitable than the average company (7.6%)

2.4% - Jmr Property Developments Limited

7.6% - Industry AVG

employees

Employees

with 4 employees, this is below the industry average (6)

4 - Jmr Property Developments Limited

6 - Industry AVG

paystructure

Pay Structure

on an average salary of £48.5k, the company has an equivalent pay structure (£48.5k)

£48.5k - Jmr Property Developments Limited

£48.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £249.2k, this is equally as efficient (£282.4k)

£249.2k - Jmr Property Developments Limited

£282.4k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Jmr Property Developments Limited

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Jmr Property Developments Limited

- - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 311 days, this is more than average (228 days)

311 days - Jmr Property Developments Limited

228 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (10 weeks)

0 weeks - Jmr Property Developments Limited

10 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 102.7%, this is a higher level of debt than the average (74%)

102.7% - Jmr Property Developments Limited

74% - Industry AVG

JMR PROPERTY DEVELOPMENTS LIMITED financials

EXPORTms excel logo

Jmr Property Developments Limited's latest turnover from May 2024 is estimated at £996.7 thousand and the company has net assets of -£17.4 thousand. According to their latest financial statements, Jmr Property Developments Limited has 4 employees and maintains cash reserves of £16 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

May 2024May 2023May 2022May 2021May 2020May 2019
Turnover996,737943,563552,083787,940420,892450,557
Other Income Or Grants000000
Cost Of Sales739,240696,695417,273606,012317,868327,453
Gross Profit257,497246,868134,809181,928103,024123,103
Admin Expenses233,509204,186133,764180,14086,182105,116
Operating Profit23,98842,6821,0451,78816,84217,987
Interest Payable43,48322,6983,17913,21021,89711,301
Interest Receivable6822629916
Pre-Tax Profit-19,48819,992-1,908-11,392-5,0466,702
Tax0-4,998000-1,273
Profit After Tax-19,48814,994-1,908-11,392-5,0465,429
Dividends Paid000000
Retained Profit-19,48814,994-1,908-11,392-5,0465,429
Employee Costs194,185142,557134,886131,342129,868129,851
Number Of Employees433333
EBITDA*23,98842,6821,0451,78816,84217,987

* Earnings Before Interest, Tax, Depreciation and Amortisation

May 2024May 2023May 2022May 2021May 2020May 2019
Tangible Assets000000
Intangible Assets000000
Investments & Other000000
Debtors (Due After 1 year)000000
Total Fixed Assets000000
Stock & work in progress630,000630,0005000535,000475,000
Trade Debtors000000
Group Debtors000000
Misc Debtors4,67730,00030,4502,67200
Cash1622114245,09013,4994,257
misc current assets000000
total current assets634,693660,22131,09247,762548,499479,257
total assets634,693660,22131,09247,762548,499479,257
Bank overdraft000000
Bank loan10,00010,0009,1679,16794,51267,887
Trade Creditors 00008,00120,123
Group/Directors Accounts254,830251,3233,14600112,101
other short term finances150,70170,6390000
hp & lease commitments000000
other current liabilities15,70615,27308,741156,9796,739
total current liabilities431,237347,23512,31317,908259,492206,850
loans220,812310,87431,66640,833288,594266,948
hp & lease commitments000000
Accruals and Deferred Income000000
other liabilities000000
provisions000000
total long term liabilities220,812310,87431,66640,833288,594266,948
total liabilities652,049658,10943,97958,741548,086473,798
net assets-17,3562,112-12,887-10,9794135,459
total shareholders funds-17,3562,112-12,887-10,9794135,459
May 2024May 2023May 2022May 2021May 2020May 2019
Operating Activities
Operating Profit23,98842,6821,0451,78816,84217,987
Depreciation000000
Amortisation000000
Tax0-4,998000-1,273
Stock0629,500500-535,00060,000475,000
Debtors-25,323-45027,7782,67200
Creditors000-8,001-12,12220,123
Accruals and Deferred Income43315,273-8,741-148,238150,2406,739
Deferred Taxes & Provisions000000
Cash flow from operations49,744-576,093-35,974377,87794,960-431,424
Investing Activities
capital expenditure000000
Change in Investments000000
cash flow from investments000000
Financing Activities
Bank loans08330-85,34526,62567,887
Group/Directors Accounts3,507248,1773,1460-112,101112,101
Other Short Term Loans 80,06270,6390000
Long term loans-90,062279,208-9,167-247,76121,646266,948
Hire Purchase and Lease Commitments000000
other long term liabilities000000
share issue20500030
interest-43,477-22,690-2,953-13,181-21,888-11,285
cash flow from financing-49,950576,172-8,974-346,287-85,718435,681
cash and cash equivalents
cash-20579-44,94831,5919,2424,257
overdraft000000
change in cash-20579-44,94831,5919,2424,257

jmr property developments 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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Jmr Property Developments Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for jmr property developments limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in MK41 area or any other competitors across 12 key performance metrics.

jmr property developments limited Ownership

JMR PROPERTY DEVELOPMENTS LIMITED group structure

Jmr Property Developments Limited has no subsidiary companies.

Ultimate parent company

JMR PROPERTY DEVELOPMENTS LIMITED

11350184

JMR PROPERTY DEVELOPMENTS LIMITED Shareholders

michael keith richens 18.18%
anthony richens 18.18%
jonathon neil stuart richens 18.18%
jr builders limited 9.09%
lauren clements-hill 9.09%
ellie richens 9.09%
rachel teresa richens 9.09%
anna holl 9.09%

jmr property developments limited directors

Jmr Property Developments Limited currently has 4 directors. The longest serving directors include Mr Jonathon Richens (May 2018) and Mr Brian Richens (May 2018).

officercountryagestartendrole
Mr Jonathon RichensUnited Kingdom37 years May 2018- Director
Mr Brian Richens72 years May 2018- Director
Mr Michael RichensUnited Kingdom29 years May 2018- Director
Mr Anthony RichensUnited Kingdom35 years Mar 2024- Director

P&L

May 2024

turnover

996.7k

+6%

operating profit

24k

0%

gross margin

25.9%

-1.26%

turnover

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

Balance Sheet

May 2024

net assets

-17.4k

-9.22%

total assets

634.7k

-0.04%

cash

16

-0.93%

net assets

Total assets minus all liabilities

jmr property developments limited company details

company number

11350184

Type

Private limited with Share Capital

industry

41100 - Development of building projects

incorporation date

May 2018

age

6

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

May 2024

previous names

N/A

accountant

-

auditor

-

address

34 church end, renhold, bedford, MK41 0LU

Bank

-

Legal Advisor

-

jmr property developments 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 found 2 charges/mortgages relating to jmr property developments limited. Currently there are 2 open charges and 0 have been satisfied in the past.

jmr property developments 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.

Click to start generating capital raising & share issue transactions for JMR PROPERTY DEVELOPMENTS LIMITED. This can take several minutes, an email will notify you when this has completed.

jmr property developments limited Companies House Filings - See Documents

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