justcloudit ltd
justcloudit ltd Company Information
Company Number
11373752
Website
-Registered Address
1 5 blackbrook drive, chinley, high peak, derbyshire, SK23 6BF
Industry
Computer consultancy activities
Telephone
-
Next Accounts Due
February 2025
Group Structure
View All
Directors
David Pickering6 Years
Shareholders
joanne pickering 50%
david pickering 50%
justcloudit ltd Estimated Valuation
Pomanda estimates the enterprise value of JUSTCLOUDIT LTD at £91k based on a Turnover of £171.8k and 0.53x industry multiple (adjusted for size and gross margin).
justcloudit ltd Estimated Valuation
Pomanda estimates the enterprise value of JUSTCLOUDIT LTD at £0 based on an EBITDA of £-9.1k and a 3.78x industry multiple (adjusted for size and gross margin).
justcloudit ltd Estimated Valuation
Pomanda estimates the enterprise value of JUSTCLOUDIT LTD at £98k based on Net Assets of £44.1k and 2.22x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Justcloudit Ltd Overview
Justcloudit Ltd is a live company located in high peak, SK23 6BF with a Companies House number of 11373752. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in May 2018, it's largest shareholder is joanne pickering with a 50% stake. Justcloudit Ltd is a young, micro sized company, Pomanda has estimated its turnover at £171.8k with high growth in recent years.
Upgrade for unlimited company reports & a free credit check
Justcloudit Ltd Health Check
Pomanda's financial health check has awarded Justcloudit Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
6 Weak
Size
annual sales of £171.8k, make it smaller than the average company (£735.4k)
- Justcloudit Ltd
£735.4k - Industry AVG
Growth
3 year (CAGR) sales growth of 17%, show it is growing at a faster rate (5.4%)
- Justcloudit Ltd
5.4% - Industry AVG
Production
with a gross margin of 26.7%, this company has a higher cost of product (49.8%)
- Justcloudit Ltd
49.8% - Industry AVG
Profitability
an operating margin of -5.3% make it less profitable than the average company (7.7%)
- Justcloudit Ltd
7.7% - Industry AVG
Employees
with 2 employees, this is below the industry average (8)
2 - Justcloudit Ltd
8 - Industry AVG
Pay Structure
on an average salary of £53.3k, the company has an equivalent pay structure (£53.3k)
- Justcloudit Ltd
£53.3k - Industry AVG
Efficiency
resulting in sales per employee of £85.9k, this is less efficient (£122.1k)
- Justcloudit Ltd
£122.1k - Industry AVG
Debtor Days
it gets paid by customers after 171 days, this is later than average (66 days)
- Justcloudit Ltd
66 days - Industry AVG
Creditor Days
its suppliers are paid after 72 days, this is slower than average (30 days)
- Justcloudit Ltd
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Justcloudit Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Justcloudit Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 46.3%, this is a lower level of debt than the average (57.3%)
46.3% - Justcloudit Ltd
57.3% - Industry AVG
JUSTCLOUDIT LTD financials
Justcloudit Ltd's latest turnover from May 2023 is estimated at £171.8 thousand and the company has net assets of £44.1 thousand. According to their latest financial statements, Justcloudit Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 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 | 2 | 3 | 3 | 3 | 3 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 1,255 | 3,252 | 5,255 | 6,460 | 3,563 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,255 | 3,252 | 5,255 | 6,460 | 3,563 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 80,764 | 104,984 | 86,682 | 32,277 | 34,231 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 80,764 | 104,984 | 86,682 | 32,277 | 34,231 |
| total assets | 82,019 | 108,236 | 91,937 | 38,737 | 37,794 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 25,120 | 37,127 | 29,649 | 9,616 | 9,161 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 25,120 | 37,127 | 29,649 | 9,616 | 9,161 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 12,825 | 17,908 | 22,860 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 12,825 | 17,908 | 22,860 | 0 | 0 |
| total liabilities | 37,945 | 55,035 | 52,509 | 9,616 | 9,161 |
| net assets | 44,074 | 53,201 | 39,428 | 29,121 | 28,633 |
| total shareholders funds | 44,074 | 53,201 | 39,428 | 29,121 | 28,633 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | |||||
| Amortisation | |||||
| Tax | |||||
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | -24,220 | 18,302 | 54,405 | -1,954 | 34,231 |
| Creditors | -12,007 | 7,478 | 20,033 | 455 | 9,161 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -5,083 | -4,952 | 22,860 | 0 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 |
justcloudit ltd Credit Report and Business Information
Justcloudit Ltd Competitor Analysis
Perform a competitor analysis for justcloudit ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in SK23 area or any other competitors across 12 key performance metrics.
justcloudit ltd Ownership
JUSTCLOUDIT LTD group structure
Justcloudit Ltd has no subsidiary companies.
Ultimate parent company
JUSTCLOUDIT LTD
11373752
justcloudit ltd directors
Justcloudit Ltd currently has 1 director, Mr David Pickering serving since May 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Pickering | England | 56 years | May 2018 | - | Director |
P&L
May 2023turnover
171.8k
-27%
operating profit
-9.1k
0%
gross margin
26.7%
-4.9%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
44.1k
-0.17%
total assets
82k
-0.24%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
justcloudit ltd company details
company number
11373752
Type
Private limited with Share Capital
industry
62020 - Computer consultancy activities
incorporation date
May 2018
age
6
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
May 2023
address
1 5 blackbrook drive, chinley, high peak, derbyshire, SK23 6BF
accountant
-
auditor
-
justcloudit 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 justcloudit ltd.
justcloudit ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
