jennings family properties limited
jennings family properties limited Company Information
Company Number
11477533
Website
-Registered Address
7 guildford avenue, blackpool, FY2 9BG
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Telephone
-
Next Accounts Due
April 2025
Group Structure
View All
Shareholders
lyn denise jennings 50%
david leslie jennings 50%
jennings family properties limited Estimated Valuation
Pomanda estimates the enterprise value of JENNINGS FAMILY PROPERTIES LIMITED at £528.9k based on a Turnover of £170k and 3.11x industry multiple (adjusted for size and gross margin).
jennings family properties limited Estimated Valuation
Pomanda estimates the enterprise value of JENNINGS FAMILY PROPERTIES LIMITED at £321.5k based on an EBITDA of £45.2k and a 7.11x industry multiple (adjusted for size and gross margin).
jennings family properties limited Estimated Valuation
Pomanda estimates the enterprise value of JENNINGS FAMILY PROPERTIES LIMITED at £75k based on Net Assets of £46.3k and 1.62x industry multiple (adjusted for liquidity).
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Jennings Family Properties Limited Overview
Jennings Family Properties Limited is a live company located in blackpool, FY2 9BG with a Companies House number of 11477533. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in July 2018, it's largest shareholder is lyn denise jennings with a 50% stake. Jennings Family Properties Limited is a young, micro sized company, Pomanda has estimated its turnover at £170k with healthy growth in recent years.
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Jennings Family Properties Limited Health Check
Pomanda's financial health check has awarded Jennings Family Properties Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
7 Weak
Size
annual sales of £170k, make it smaller than the average company (£830.2k)
- Jennings Family Properties Limited
£830.2k - Industry AVG
Growth
3 year (CAGR) sales growth of 10%, show it is growing at a faster rate (2.4%)
- Jennings Family Properties Limited
2.4% - Industry AVG
Production
with a gross margin of 73.6%, this company has a comparable cost of product (73.6%)
- Jennings Family Properties Limited
73.6% - Industry AVG
Profitability
an operating margin of 21.9% make it as profitable than the average company (26.6%)
- Jennings Family Properties Limited
26.6% - Industry AVG
Employees
with 3 employees, this is below the industry average (4)
3 - Jennings Family Properties Limited
4 - Industry AVG
Pay Structure
on an average salary of £31.2k, the company has an equivalent pay structure (£31.2k)
- Jennings Family Properties Limited
£31.2k - Industry AVG
Efficiency
resulting in sales per employee of £56.7k, this is less efficient (£177.2k)
- Jennings Family Properties Limited
£177.2k - Industry AVG
Debtor Days
it gets paid by customers after 9 days, this is earlier than average (32 days)
- Jennings Family Properties Limited
32 days - Industry AVG
Creditor Days
its suppliers are paid after 8 days, this is quicker than average (35 days)
- Jennings Family Properties Limited
35 days - Industry AVG
Stock Days
it holds stock equivalent to 400 days, this is more than average (57 days)
- Jennings Family Properties Limited
57 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (14 weeks)
1 weeks - Jennings Family Properties Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 98.8%, this is a higher level of debt than the average (68.4%)
98.8% - Jennings Family Properties Limited
68.4% - Industry AVG
JENNINGS FAMILY PROPERTIES LIMITED financials
Jennings Family Properties Limited's latest turnover from July 2023 is estimated at £170 thousand and the company has net assets of £46.3 thousand. According to their latest financial statements, Jennings Family Properties Limited has 3 employees and maintains cash reserves of £99.4 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 | 3 | 3 | 3 | 3 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 52,809 | 85,269 | 89,217 | 63,376 | 130,476 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 1,850,388 | 2,004,240 | 2,270,636 | 2,660,476 | 2,630,544 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,903,197 | 2,089,509 | 2,359,853 | 2,723,852 | 2,761,020 |
| Stock & work in progress | 49,316 | 49,316 | 43,687 | 43,687 | 44,227 |
| Trade Debtors | 4,200 | 0 | 3,046 | 1,630 | 1,152 |
| Group Debtors | 409,467 | 208,432 | 16,476 | 15,726 | 0 |
| Misc Debtors | 1,435,803 | 1,261,572 | 603,716 | 546,705 | 473,464 |
| Cash | 99,362 | 201,739 | 333,562 | 91,635 | 156,534 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,998,148 | 1,721,059 | 1,000,487 | 699,383 | 675,377 |
| total assets | 3,901,345 | 3,810,568 | 3,360,340 | 3,423,235 | 3,436,397 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,000 | 0 | 300 | 1,022 | 4,013 |
| Group/Directors Accounts | 3,823,545 | 3,786,896 | 3,348,199 | 3,430,284 | 3,458,762 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 20,501 | 8,883 | 8,710 | 2,500 | 1,277 |
| total current liabilities | 3,845,046 | 3,795,779 | 3,357,209 | 3,433,806 | 3,464,052 |
| 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 | 0 | 0 | 0 | 0 | 0 |
| provisions | 10,000 | 2,000 | 2,000 | 1,000 | 5,000 |
| total long term liabilities | 10,000 | 2,000 | 2,000 | 1,000 | 5,000 |
| total liabilities | 3,855,046 | 3,797,779 | 3,359,209 | 3,434,806 | 3,469,052 |
| net assets | 46,299 | 12,789 | 1,131 | -11,571 | -32,655 |
| total shareholders funds | 46,299 | 12,789 | 1,131 | -11,571 | -32,655 |
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 8,087 | 12,699 | 10,941 | 12,653 | 17,030 |
| Amortisation | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||
| Stock | 0 | 5,629 | 0 | -540 | 44,227 |
| Debtors | 379,466 | 846,766 | 59,177 | 89,445 | 474,616 |
| Creditors | 1,000 | -300 | -722 | -2,991 | 4,013 |
| Accruals and Deferred Income | 11,618 | 173 | 6,210 | 1,223 | 1,277 |
| Deferred Taxes & Provisions | 8,000 | 0 | 1,000 | -4,000 | 5,000 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | -153,852 | -266,396 | -389,840 | 29,932 | 2,630,544 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 36,649 | 438,697 | -82,085 | -28,478 | 3,458,762 |
| 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 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | -102,377 | -131,823 | 241,927 | -64,899 | 156,534 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | -102,377 | -131,823 | 241,927 | -64,899 | 156,534 |
jennings family properties limited Credit Report and Business Information
Jennings Family Properties Limited Competitor Analysis
Perform a competitor analysis for jennings family properties limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in FY2 area or any other competitors across 12 key performance metrics.
jennings family properties limited Ownership
JENNINGS FAMILY PROPERTIES LIMITED group structure
Jennings Family Properties Limited has 2 subsidiary companies.
Ultimate parent company
JENNINGS FAMILY PROPERTIES LIMITED
11477533
2 subsidiaries
jennings family properties limited directors
Jennings Family Properties Limited currently has 3 directors. The longest serving directors include Mrs Lyn Jennings (Jul 2018) and Mrd David Jennings (Jul 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Lyn Jennings | United Kingdom | 63 years | Jul 2018 | - | Director |
| Mrd David Jennings | England | 64 years | Jul 2018 | - | Director |
| Mr Richard Jennings | England | 62 years | Aug 2018 | - | Director |
P&L
July 2023turnover
170k
-60%
operating profit
37.2k
0%
gross margin
73.6%
+3.04%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
46.3k
+2.62%
total assets
3.9m
+0.02%
cash
99.4k
-0.51%
net assets
Total assets minus all liabilities
jennings family properties limited company details
company number
11477533
Type
Private limited with Share Capital
industry
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
July 2018
age
6
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
July 2023
previous names
N/A
accountant
THOMPSON JONES BUSINESS SOLUTIONS LIMITED
auditor
-
address
7 guildford avenue, blackpool, FY2 9BG
Bank
-
Legal Advisor
-
jennings family properties 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 did not find charges/mortgages relating to jennings family properties limited.
jennings family properties limited Companies House Filings - See Documents
| date | description | view/download |
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