Retail sale in non-specialised stores with food, beverages or tobacco predominating
Registered Address
187 high street, erdington, birmingham, B23 6SY
Website
-
jigu stores limitedEstimated Valuation
£370.5k
Pomanda estimates the enterprise value of JIGU STORES LIMITED at £370.5k based on a Turnover of £1.2m and 0.3x industry multiple (adjusted for size and gross margin).
jigu stores limitedEstimated Valuation
£764.5k
Pomanda estimates the enterprise value of JIGU STORES LIMITED at £764.5k based on an EBITDA of £221.7k and a 3.45x industry multiple (adjusted for size and gross margin).
jigu stores limitedEstimated Valuation
£1.1m
Pomanda estimates the enterprise value of JIGU STORES LIMITED at £1.1m based on Net Assets of £418.6k and 2.57x industry multiple (adjusted for liquidity).
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Jigu Stores LimitedOverview
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.
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
Health Rating3out of 5
2 Strong
2 Regular
6 Weak
Size
annual sales of £1.2m, make it smaller than the average company (£2.7m)
£1.2m - 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%)
-1% - Jigu Stores Limited
6.3% - Industry AVG
Production
with a gross margin of 23.3%, this company has a comparable cost of product (23.3%)
23.3% - Jigu Stores Limited
23.3% - Industry AVG
Profitability
an operating margin of 16.5% make it more profitable than the average company (3.4%)
16.5% - Jigu Stores Limited
3.4% - Industry AVG
Employees
with 12 employees, this is below the industry average (24)
12 - Jigu Stores Limited
24 - Industry AVG
Pay Structure
on an average salary of £17.1k, the company has an equivalent pay structure (£17.1k)
£17.1k - Jigu Stores Limited
£17.1k - Industry AVG
Efficiency
resulting in sales per employee of £101.3k, this is less efficient (£126.9k)
£101.3k - Jigu Stores Limited
£126.9k - 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 (19 days)
27 days - Jigu Stores Limited
19 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 15 weeks, this is less cash available to meet short term requirements (20 weeks)
15 weeks - Jigu Stores Limited
20 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 (62.4%)
49% - Jigu Stores Limited
62.4% - Industry AVG
JIGU STORES LIMITED financials
EXPORT
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
1,215,925
1,398,769
1,314,658
1,266,576
1,110,625
Other Income Or Grants
Cost Of Sales
933,148
1,077,741
1,005,622
981,555
844,649
Gross Profit
282,778
321,028
309,036
285,022
265,976
Admin Expenses
81,925
237,151
211,291
113,722
216,531
Operating Profit
200,853
83,877
97,745
171,300
49,445
Interest Payable
34,649
27,745
11,519
4,575
1,525
Interest Receivable
3,290
2,220
383
58
34
Pre-Tax Profit
169,495
58,353
86,609
166,783
47,954
Tax
-42,374
-11,087
-16,456
-31,689
-9,111
Profit After Tax
127,121
47,266
70,153
135,094
38,843
Dividends Paid
Retained Profit
127,121
47,266
70,153
135,094
38,843
Employee Costs
205,526
195,941
199,721
185,495
189,587
Number Of Employees
12
12
12
12
12
EBITDA*
221,717
104,045
113,835
178,851
52,445
* 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
Investments & Other
Debtors (Due After 1 year)
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
Group Debtors
Misc Debtors
521,307
378,554
334,312
167,000
Cash
33,515
91,831
12,656
48,613
67,674
misc current assets
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
Bank loan
217,777
100,000
50,000
Trade Creditors
Group/Directors Accounts
other short term finances
hp & lease commitments
63,005
103,728
67,157
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
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
292,394
323,582
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
200,853
83,877
97,745
171,300
49,445
Depreciation
20,864
20,168
16,090
7,551
3,000
Amortisation
Tax
-42,374
-11,087
-16,456
-31,689
-9,111
Stock
-29,775
9,875
14,250
10,250
65,450
Debtors
142,753
44,242
167,312
167,000
Creditors
Accruals and Deferred Income
13,566
-19,646
-32,632
14,055
71,181
Deferred Taxes & Provisions
Cash flow from operations
79,931
19,195
-116,815
-16,033
49,065
Investing Activities
capital expenditure
-34,978
-56,872
-92,940
-48,511
-30,000
Change in Investments
cash flow from investments
-34,978
-56,872
-92,940
-48,511
-30,000
Financing Activities
Bank loans
-217,777
117,777
50,000
50,000
Group/Directors Accounts
Other Short Term Loans
Long term loans
-31,188
323,582
Hire Purchase and Lease Commitments
-40,723
36,571
67,157
other long term liabilities
share issue
100
interest
-31,359
-25,525
-11,136
-4,517
-1,491
cash flow from financing
-103,270
116,851
173,798
45,483
48,609
cash and cash equivalents
cash
-58,316
79,175
-35,957
-19,061
67,674
overdraft
change in cash
-58,316
79,175
-35,957
-19,061
67,674
jigu stores limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for jigu stores limited. Get real-time insights into jigu stores limited's credit score, group structure and payment trends.
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 Shareholders
The sole shareholder of Jigu Stores Limited is Jiger Rashmikant Patel.
jiger rashmikant patel
100%
jigu stores limited directors
Jigu Stores Limited currently has 1 director, Jiger Patel serving since Jul 2019.
47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating
incorporation date
July 2019
age
6
incorporated
UK
ultimate parent company
None
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 limitedCompanies House Filings - See Documents
