jo & co restaurants ltd
jo & co restaurants ltd Company Information
Company Number
11457692
Website
-Registered Address
85 upper north street, brighton, BN1 3FL
Industry
Event catering activities
Management consultancy activities (other than financial management)
Telephone
-
Next Accounts Due
April 2025
Group Structure
View All
Shareholders
joanna & peter morrison 71.2%
katrina bargery 7.5%
View Alljo & co restaurants ltd Estimated Valuation
Pomanda estimates the enterprise value of JO & CO RESTAURANTS LTD at £491.5k based on a Turnover of £790.8k and 0.62x industry multiple (adjusted for size and gross margin).
jo & co restaurants ltd Estimated Valuation
Pomanda estimates the enterprise value of JO & CO RESTAURANTS LTD at £0 based on an EBITDA of £-4.8k and a 4.77x industry multiple (adjusted for size and gross margin).
jo & co restaurants ltd Estimated Valuation
Pomanda estimates the enterprise value of JO & CO RESTAURANTS LTD at £454.2k based on Net Assets of £157k and 2.89x industry multiple (adjusted for liquidity).
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Jo & Co Restaurants Ltd Overview
Jo & Co Restaurants Ltd is a live company located in brighton, BN1 3FL with a Companies House number of 11457692. It operates in the licenced restaurants sector, SIC Code 56101. Founded in July 2018, it's largest shareholder is joanna & peter morrison with a 71.2% stake. Jo & Co Restaurants Ltd is a young, small sized company, Pomanda has estimated its turnover at £790.8k with low growth in recent years.
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Jo & Co Restaurants Ltd Health Check
Pomanda's financial health check has awarded Jo & Co Restaurants Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs
2 Strong
5 Regular
4 Weak
Size
annual sales of £790.8k, make it in line with the average company (£978.2k)
- Jo & Co Restaurants Ltd
£978.2k - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (5.3%)
- Jo & Co Restaurants Ltd
5.3% - Industry AVG
Production
with a gross margin of 51.2%, this company has a comparable cost of product (51.2%)
- Jo & Co Restaurants Ltd
51.2% - Industry AVG
Profitability
an operating margin of -2.2% make it less profitable than the average company (5.6%)
- Jo & Co Restaurants Ltd
5.6% - Industry AVG
Employees
with 15 employees, this is similar to the industry average (18)
15 - Jo & Co Restaurants Ltd
18 - Industry AVG
Pay Structure
on an average salary of £26.2k, the company has an equivalent pay structure (£26.2k)
- Jo & Co Restaurants Ltd
£26.2k - Industry AVG
Efficiency
resulting in sales per employee of £52.7k, this is less efficient (£70.5k)
- Jo & Co Restaurants Ltd
£70.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Jo & Co Restaurants Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 18 days, this is quicker than average (34 days)
- Jo & Co Restaurants Ltd
34 days - Industry AVG
Stock Days
it holds stock equivalent to 12 days, this is in line with average (14 days)
- Jo & Co Restaurants Ltd
14 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 45 weeks, this is more cash available to meet short term requirements (21 weeks)
45 weeks - Jo & Co Restaurants Ltd
21 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 42.3%, this is a lower level of debt than the average (76.5%)
42.3% - Jo & Co Restaurants Ltd
76.5% - Industry AVG
JO & CO RESTAURANTS LTD financials
Jo & Co Restaurants Ltd's latest turnover from July 2023 is estimated at £790.8 thousand and the company has net assets of £157 thousand. According to their latest financial statements, Jo & Co Restaurants Ltd has 15 employees and maintains cash reserves of £71.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 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 | 15 | 14 | 12 | 12 | 11 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 143,449 | 153,781 | 162,975 | 173,152 | 163,315 |
| 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 | 143,449 | 153,781 | 162,975 | 173,152 | 163,315 |
| Stock & work in progress | 13,688 | 8,636 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 139,466 | 69,127 | 72,665 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 43,439 | 45,473 | 10,268 | 8,283 | 8,620 |
| Cash | 71,377 | 83,975 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 128,504 | 138,084 | 149,734 | 77,410 | 81,285 |
| total assets | 271,953 | 291,865 | 312,709 | 250,562 | 244,600 |
| Bank overdraft | 6,536 | 46,079 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 19,155 | 23,878 | 118,356 | 149,537 | 122,210 |
| Group/Directors Accounts | 290 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 55,351 | 46,451 | 0 | 0 | 0 |
| total current liabilities | 81,332 | 116,408 | 118,356 | 149,537 | 122,210 |
| loans | 33,661 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 1,985 | 0 | 0 |
| other liabilities | 0 | 0 | 46,079 | 50,000 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 33,661 | 0 | 48,064 | 50,000 | 0 |
| total liabilities | 114,993 | 116,408 | 166,420 | 199,537 | 122,210 |
| net assets | 156,960 | 175,457 | 146,289 | 51,025 | 122,390 |
| total shareholders funds | 156,960 | 175,457 | 146,289 | 51,025 | 122,390 |
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 12,872 | ||||
| Amortisation | 0 | 0 | |||
| Tax | |||||
| Stock | 5,052 | 8,636 | 0 | 0 | 0 |
| Debtors | -2,034 | -104,261 | 72,324 | -3,875 | 81,285 |
| Creditors | -4,723 | -94,478 | -31,181 | 27,327 | 122,210 |
| Accruals and Deferred Income | 8,900 | 44,466 | 1,985 | 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 | 290 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 33,661 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | -46,079 | -3,921 | 50,000 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | -12,598 | 83,975 | 0 | 0 | 0 |
| overdraft | -39,543 | 46,079 | 0 | 0 | 0 |
| change in cash | 26,945 | 37,896 | 0 | 0 | 0 |
jo & co restaurants ltd Credit Report and Business Information
Jo & Co Restaurants Ltd Competitor Analysis
Perform a competitor analysis for jo & co restaurants ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in BN1 area or any other competitors across 12 key performance metrics.
jo & co restaurants ltd Ownership
JO & CO RESTAURANTS LTD group structure
Jo & Co Restaurants Ltd has no subsidiary companies.
Ultimate parent company
JO & CO RESTAURANTS LTD
11457692
jo & co restaurants ltd directors
Jo & Co Restaurants Ltd currently has 2 directors. The longest serving directors include Mrs Joanna Morrison (Jul 2018) and Mr Peter Morrison (Jul 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Joanna Morrison | England | 50 years | Jul 2018 | - | Director |
| Mr Peter Morrison | United Kingdom | 47 years | Jul 2018 | - | Director |
P&L
July 2023turnover
790.8k
+22%
operating profit
-17.6k
0%
gross margin
51.2%
-0.12%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
157k
-0.11%
total assets
272k
-0.07%
cash
71.4k
-0.15%
net assets
Total assets minus all liabilities
jo & co restaurants ltd company details
company number
11457692
Type
Private limited with Share Capital
industry
56101 - Licensed restaurants
56210 - Event catering activities
70229 - Management consultancy activities (other than financial management)
incorporation date
July 2018
age
6
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
July 2023
previous names
N/A
accountant
MONTY ACCOUNTING SOLUTIONS
auditor
-
address
85 upper north street, brighton, BN1 3FL
Bank
-
Legal Advisor
-
jo & co restaurants 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 jo & co restaurants ltd.
jo & co restaurants ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
