jigu stores limited
jigu stores limited Company Information
Company Number
12079307
Next Accounts
Dec 2025
Industry
Retail sale in non-specialised stores with food, beverages or tobacco predominating
Directors
Shareholders
jiger rashmikant patel
Group Structure
View All
Contact
Registered Address
187 high street, erdington, birmingham, B23 6SY
Website
-jigu stores limited Estimated Valuation
Pomanda estimates the enterprise value of JIGU STORES LIMITED at £406.5k based on a Turnover of £1.2m and 0.33x industry multiple (adjusted for size and gross margin).
jigu stores limited Estimated Valuation
Pomanda estimates the enterprise value of JIGU STORES LIMITED at £786.9k based on an EBITDA of £221.7k and a 3.55x industry multiple (adjusted for size and gross margin).
jigu stores limited Estimated Valuation
Pomanda estimates the enterprise value of JIGU STORES LIMITED at £1.2m based on Net Assets of £418.6k and 2.76x industry multiple (adjusted for liquidity).
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Jigu Stores Limited Overview
Jigu Stores Limited is a live company located in birmingham, B23 6SY with a Companies House number of 12079307. It operates in the retail sale in non-specialised stores with food, beverages or tobacco predominating sector, SIC Code 47110. Founded in July 2019, it's largest shareholder is jiger rashmikant patel with a 100% stake. Jigu Stores Limited is a young, small sized company, Pomanda has estimated its turnover at £1.2m with declining growth in recent years.
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Jigu Stores Limited Health Check
Pomanda's financial health check has awarded Jigu Stores Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £1.2m, make it smaller than the average company (£2.7m)
- Jigu Stores Limited
£2.7m - Industry AVG
Growth
3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (6.3%)
- Jigu Stores Limited
6.3% - Industry AVG
Production
with a gross margin of 22.7%, this company has a comparable cost of product (22.7%)
- Jigu Stores Limited
22.7% - Industry AVG
Profitability
an operating margin of 16.4% make it more profitable than the average company (2.9%)
- Jigu Stores Limited
2.9% - Industry AVG
Employees
with 12 employees, this is below the industry average (26)
12 - Jigu Stores Limited
26 - Industry AVG
Pay Structure
on an average salary of £17.5k, the company has an equivalent pay structure (£17.5k)
- Jigu Stores Limited
£17.5k - Industry AVG
Efficiency
resulting in sales per employee of £101.8k, this is less efficient (£128.4k)
- Jigu Stores Limited
£128.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Jigu Stores Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Jigu Stores Limited
- - Industry AVG
Stock Days
it holds stock equivalent to 27 days, this is more than average (20 days)
- Jigu Stores Limited
20 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 15 weeks, this is less cash available to meet short term requirements (21 weeks)
15 weeks - Jigu Stores Limited
21 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 49%, this is a lower level of debt than the average (65.1%)
49% - Jigu Stores Limited
65.1% - Industry AVG
JIGU STORES LIMITED financials
Jigu Stores Limited's latest turnover from March 2024 is estimated at £1.2 million and the company has net assets of £418.6 thousand. According to their latest financial statements, Jigu Stores Limited has 12 employees and maintains cash reserves of £33.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Jun 2022 | Jun 2021 | Jun 2020 | |
|---|---|---|---|---|---|
| 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 | 12 | 12 | 12 | 12 | 12 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Jun 2022 | Jun 2021 | Jun 2020 | |
|---|---|---|---|---|---|
| Tangible Assets | 195,628 | 181,514 | 144,810 | 67,960 | 27,000 |
| 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 | 195,628 | 181,514 | 144,810 | 67,960 | 27,000 |
| Stock & work in progress | 70,050 | 99,825 | 89,950 | 75,700 | 65,450 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 521,307 | 378,554 | 334,312 | 167,000 | 0 |
| Cash | 33,515 | 91,831 | 12,656 | 48,613 | 67,674 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 624,872 | 570,210 | 436,918 | 291,313 | 133,124 |
| total assets | 820,500 | 751,724 | 581,728 | 359,273 | 160,124 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 217,777 | 100,000 | 50,000 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 63,005 | 103,728 | 67,157 | 0 | 0 |
| other current liabilities | 46,524 | 32,958 | 52,604 | 85,236 | 71,181 |
| total current liabilities | 109,529 | 136,686 | 337,538 | 185,236 | 121,181 |
| loans | 292,394 | 323,582 | 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 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 292,394 | 323,582 | 0 | 0 | 0 |
| total liabilities | 401,923 | 460,268 | 337,538 | 185,236 | 121,181 |
| net assets | 418,577 | 291,456 | 244,190 | 174,037 | 38,943 |
| total shareholders funds | 418,577 | 291,456 | 244,190 | 174,037 | 38,943 |
| Mar 2024 | Mar 2023 | Jun 2022 | Jun 2021 | Jun 2020 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 20,864 | 20,168 | 16,090 | 7,551 | 3,000 |
| Amortisation | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||
| Stock | -29,775 | 9,875 | 14,250 | 10,250 | 65,450 |
| Debtors | 142,753 | 44,242 | 167,312 | 167,000 | 0 |
| Creditors | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 13,566 | -19,646 | -32,632 | 14,055 | 71,181 |
| 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 | -217,777 | 117,777 | 50,000 | 50,000 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -31,188 | 323,582 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | -40,723 | 36,571 | 67,157 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | -58,316 | 79,175 | -35,957 | -19,061 | 67,674 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | -58,316 | 79,175 | -35,957 | -19,061 | 67,674 |
jigu stores limited Credit Report and Business Information
Jigu Stores Limited Competitor Analysis
Perform a competitor analysis for jigu stores limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in B23 area or any other competitors across 12 key performance metrics.
jigu stores limited Ownership
JIGU STORES LIMITED group structure
Jigu Stores Limited has no subsidiary companies.
Ultimate parent company
JIGU STORES LIMITED
12079307
jigu stores limited directors
Jigu Stores Limited currently has 1 director, Jiger Patel serving since Jul 2019.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Jiger Patel | United Kingdom | 37 years | Jul 2019 | - | Director |
P&L
March 2024turnover
1.2m
-13%
operating profit
200.9k
0%
gross margin
22.8%
+0.29%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
418.6k
+0.44%
total assets
820.5k
+0.09%
cash
33.5k
-0.64%
net assets
Total assets minus all liabilities
jigu stores limited company details
company number
12079307
Type
Private limited with Share Capital
industry
47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating
incorporation date
July 2019
age
5
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
187 high street, erdington, birmingham, B23 6SY
Bank
-
Legal Advisor
-
jigu stores 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 jigu stores limited.
jigu stores 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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jigu stores limited Companies House Filings - See Documents
| date | description | view/download |
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