the martin james group limited
the martin james group limited Company Information
Company Number
11994123
Next Accounts
175 days late
Shareholders
martin james stuart cockburn
ayyab cockburn
Group Structure
View All
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
+1Registered Address
unit 4, the school yard, 106 high street, birmingham, B17 9NJ
Website
martinjamesnetwork.comthe martin james group limited Estimated Valuation
Pomanda estimates the enterprise value of THE MARTIN JAMES GROUP LIMITED at £78.2m based on a Turnover of £47.2m and 1.66x industry multiple (adjusted for size and gross margin).
the martin james group limited Estimated Valuation
Pomanda estimates the enterprise value of THE MARTIN JAMES GROUP LIMITED at £0 based on an EBITDA of £-4m and a 8.9x industry multiple (adjusted for size and gross margin).
the martin james group limited Estimated Valuation
Pomanda estimates the enterprise value of THE MARTIN JAMES GROUP LIMITED at £5.3m based on Net Assets of £3.1m and 1.71x industry multiple (adjusted for liquidity).
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The Martin James Group Limited Overview
The Martin James Group Limited is a live company located in birmingham, B17 9NJ with a Companies House number of 11994123. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in May 2019, it's largest shareholder is martin james stuart cockburn with a 90% stake. The Martin James Group Limited is a young, large sized company, Pomanda has estimated its turnover at £47.2m with rapid growth in recent years.
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The Martin James Group Limited Health Check
Pomanda's financial health check has awarded The Martin James Group Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 6 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
6 Weak
Size
annual sales of £47.2m, make it larger than the average company (£18.4m)
£47.2m - The Martin James Group Limited
£18.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 68%, show it is growing at a faster rate (4.9%)
68% - The Martin James Group Limited
4.9% - Industry AVG
Production
with a gross margin of 32.4%, this company has a comparable cost of product (34.8%)
32.4% - The Martin James Group Limited
34.8% - Industry AVG
Profitability
an operating margin of -12.4% make it less profitable than the average company (5.7%)
-12.4% - The Martin James Group Limited
5.7% - Industry AVG
Employees
with 408 employees, this is above the industry average (106)
408 - The Martin James Group Limited
106 - Industry AVG
Pay Structure
on an average salary of £55.6k, the company has a higher pay structure (£44.5k)
£55.6k - The Martin James Group Limited
£44.5k - Industry AVG
Efficiency
resulting in sales per employee of £115.8k, this is less efficient (£187.1k)
£115.8k - The Martin James Group Limited
£187.1k - Industry AVG
Debtor Days
it gets paid by customers after 30 days, this is earlier than average (47 days)
30 days - The Martin James Group Limited
47 days - Industry AVG
Creditor Days
its suppliers are paid after 10 days, this is quicker than average (46 days)
10 days - The Martin James Group Limited
46 days - Industry AVG
Stock Days
it holds stock equivalent to 0 days, this is less than average (47 days)
0 days - The Martin James Group Limited
47 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 10 weeks, this is less cash available to meet short term requirements (16 weeks)
10 weeks - The Martin James Group Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 90.4%, this is a higher level of debt than the average (63.3%)
90.4% - The Martin James Group Limited
63.3% - Industry AVG
THE MARTIN JAMES GROUP LIMITED financials
The Martin James Group Limited's latest turnover from December 2022 is £47.2 million and the company has net assets of £3.1 million. According to their latest financial statements, The Martin James Group Limited has 408 employees and maintains cash reserves of £5.5 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|
| Turnover | 47,240,000 | 41,800,000 | 38,001,000 | 10,017,000 |
| Other Income Or Grants | ||||
| Cost Of Sales | 31,915,000 | 30,472,000 | 25,614,000 | 6,289,000 |
| Gross Profit | 15,325,000 | 11,328,000 | 12,387,000 | 3,728,000 |
| Admin Expenses | 21,171,000 | 23,142,000 | 15,017,000 | 6,313,000 |
| Operating Profit | -5,846,000 | -11,814,000 | -2,630,000 | -2,585,000 |
| Interest Payable | 2,223,000 | 463,000 | 368,000 | 164,000 |
| Interest Receivable | 25,000 | 483,000 | 92,000 | 106,000 |
| Pre-Tax Profit | -6,574,000 | -11,868,000 | 182,000 | 26,252,000 |
| Tax | -543,000 | -555,000 | -674,000 | -149,000 |
| Profit After Tax | -7,117,000 | -12,423,000 | -492,000 | 26,103,000 |
| Dividends Paid | 1,500,000 | 1,335,000 | 146,000 | |
| Retained Profit | -7,117,000 | -13,923,000 | -1,827,000 | 25,957,000 |
| Employee Costs | 22,694,000 | 23,161,000 | 17,606,000 | 4,211,000 |
| Number Of Employees | 408 | 531 | 385 | 430 |
| EBITDA* | -3,994,000 | -9,722,000 | -1,168,000 | -2,324,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|
| Tangible Assets | 2,361,000 | 2,746,000 | 3,199,000 | 2,047,000 |
| Intangible Assets | 7,386,000 | 8,108,000 | 5,249,000 | 6,074,000 |
| Investments & Other | 4,848,000 | 8,099,000 | 8,791,000 | 8,708,000 |
| Debtors (Due After 1 year) | 434,000 | |||
| Total Fixed Assets | 14,595,000 | 18,953,000 | 17,239,000 | 17,263,000 |
| Stock & work in progress | 4,000 | 6,000 | ||
| Trade Debtors | 3,966,000 | 3,973,000 | 2,995,000 | 3,112,000 |
| Group Debtors | 9,478,000 | |||
| Misc Debtors | 8,056,000 | 12,606,000 | 6,343,000 | 13,350,000 |
| Cash | 5,482,000 | 7,625,000 | 12,118,000 | 4,814,000 |
| misc current assets | 1,070,000 | |||
| total current assets | 17,508,000 | 24,210,000 | 30,934,000 | 22,346,000 |
| total assets | 32,103,000 | 43,163,000 | 48,173,000 | 39,609,000 |
| Bank overdraft | ||||
| Bank loan | 15,253,000 | 17,003,000 | 50,000 | 1,596,000 |
| Trade Creditors | 933,000 | 1,315,000 | 1,310,000 | 860,000 |
| Group/Directors Accounts | 40,000 | |||
| other short term finances | ||||
| hp & lease commitments | 924,000 | 352,000 | 140,000 | |
| other current liabilities | 9,833,000 | 11,289,000 | 9,279,000 | 9,592,000 |
| total current liabilities | 26,943,000 | 29,959,000 | 10,639,000 | 12,228,000 |
| loans | 1,294,000 | 1,516,000 | 13,042,000 | 1,439,000 |
| hp & lease commitments | 513,000 | 1,152,000 | 61,000 | |
| Accruals and Deferred Income | ||||
| other liabilities | 190,000 | 300,000 | ||
| provisions | 83,000 | 74,000 | ||
| total long term liabilities | 2,080,000 | 3,042,000 | 13,042,000 | 1,500,000 |
| total liabilities | 29,023,000 | 33,001,000 | 23,681,000 | 13,728,000 |
| net assets | 3,080,000 | 10,162,000 | 24,492,000 | 25,881,000 |
| total shareholders funds | 3,080,000 | 10,162,000 | 24,492,000 | 25,881,000 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | -5,846,000 | -11,814,000 | -2,630,000 | -2,585,000 |
| Depreciation | 657,000 | 835,000 | 603,000 | 56,000 |
| Amortisation | 1,195,000 | 1,257,000 | 859,000 | 205,000 |
| Tax | -543,000 | -555,000 | -674,000 | -149,000 |
| Stock | -2,000 | 6,000 | ||
| Debtors | -4,557,000 | -2,237,000 | 1,920,000 | 16,896,000 |
| Creditors | -382,000 | 5,000 | 450,000 | 860,000 |
| Accruals and Deferred Income | -1,456,000 | 2,010,000 | -313,000 | 9,592,000 |
| Deferred Taxes & Provisions | 9,000 | 74,000 | ||
| Cash flow from operations | -1,807,000 | -5,957,000 | -3,625,000 | -8,917,000 |
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | -3,251,000 | -692,000 | 83,000 | 8,708,000 |
| cash flow from investments | 3,251,000 | 692,000 | -83,000 | -8,708,000 |
| Financing Activities | ||||
| Bank loans | -1,750,000 | 16,953,000 | -1,546,000 | 1,596,000 |
| Group/Directors Accounts | -40,000 | 40,000 | ||
| Other Short Term Loans | ||||
| Long term loans | -222,000 | -11,526,000 | 11,603,000 | 1,439,000 |
| Hire Purchase and Lease Commitments | -67,000 | 1,504,000 | -201,000 | 201,000 |
| other long term liabilities | -110,000 | 300,000 | ||
| share issue | ||||
| interest | -2,198,000 | 20,000 | -276,000 | -58,000 |
| cash flow from financing | -4,312,000 | 6,844,000 | 9,978,000 | 3,142,000 |
| cash and cash equivalents | ||||
| cash | -2,143,000 | -4,493,000 | 7,304,000 | 4,814,000 |
| overdraft | ||||
| change in cash | -2,143,000 | -4,493,000 | 7,304,000 | 4,814,000 |
the martin james group limited Credit Report and Business Information
The Martin James Group Limited Competitor Analysis
Perform a competitor analysis for the martin james group limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other large companies, companies in B17 area or any other competitors across 12 key performance metrics.
the martin james group limited Ownership
THE MARTIN JAMES GROUP LIMITED group structure
The Martin James Group Limited has 5 subsidiary companies.
Ultimate parent company
THE MARTIN JAMES GROUP LIMITED
11994123
5 subsidiaries
the martin james group limited directors
The Martin James Group Limited currently has 2 directors. The longest serving directors include Mr Martin Cockburn (May 2019) and Mrs Ayyab Cockburn (Jan 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Martin Cockburn | England | 75 years | May 2019 | - | Director |
| Mrs Ayyab Cockburn | England | 47 years | Jan 2021 | - | Director |
P&L
December 2022turnover
47.2m
+13%
operating profit
-5.8m
-51%
gross margin
32.5%
+19.71%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
3.1m
-0.7%
total assets
32.1m
-0.26%
cash
5.5m
-0.28%
net assets
Total assets minus all liabilities
the martin james group limited company details
company number
11994123
Type
Private limited with Share Capital
industry
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
70100 - Activities of head offices
incorporation date
May 2019
age
6
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2022
previous names
hc 1306 limited (October 2019)
martin james group limited (July 2019)
accountant
-
auditor
ORMEROD RUTTER LIMITED
address
unit 4, the school yard, 106 high street, birmingham, B17 9NJ
Bank
-
Legal Advisor
-
the martin james group 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 the martin james group limited.
the martin james group 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.
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the martin james group limited Companies House Filings - See Documents
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