jingye steel (uk) holding ltd
jingye steel (uk) holding ltd Company Information
Company Number
12302313
Next Accounts
553 days late
Shareholders
jingye international (hk) holdings company limited
Group Structure
View All
Industry
Activities of production holding companies
Registered Address
british steel, administration bu, brigg road, scunthorpe, north lincolnshire, DN16 1XA
Website
britishsteel.co.ukjingye steel (uk) holding ltd Estimated Valuation
Pomanda estimates the enterprise value of JINGYE STEEL (UK) HOLDING LTD at £2b based on a Turnover of £894.2m and 2.27x industry multiple (adjusted for size and gross margin).
jingye steel (uk) holding ltd Estimated Valuation
Pomanda estimates the enterprise value of JINGYE STEEL (UK) HOLDING LTD at £2.6b based on an EBITDA of £282.3m and a 9.29x industry multiple (adjusted for size and gross margin).
jingye steel (uk) holding ltd Estimated Valuation
Pomanda estimates the enterprise value of JINGYE STEEL (UK) HOLDING LTD at £446.2m based on Net Assets of £288.2m and 1.55x industry multiple (adjusted for liquidity).
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Jingye Steel (uk) Holding Ltd Overview
Jingye Steel (uk) Holding Ltd is a live company located in scunthorpe, DN16 1XA with a Companies House number of 12302313. It operates in the activities of production holding companies sector, SIC Code 64202. Founded in November 2019, it's largest shareholder is jingye international (hk) holdings company limited with a 100% stake. Jingye Steel (uk) Holding Ltd is a young, mega sized company, Pomanda has estimated its turnover at £894.2m with unknown growth in recent years.
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Jingye Steel (uk) Holding Ltd Health Check
Pomanda's financial health check has awarded Jingye Steel (Uk) Holding Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs
4 Strong
4 Regular
3 Weak
Size
annual sales of £894.2m, make it larger than the average company (£15.5m)
£894.2m - Jingye Steel (uk) Holding Ltd
£15.5m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Jingye Steel (uk) Holding Ltd
- - Industry AVG
Production
with a gross margin of 32%, this company has a comparable cost of product (32%)
32% - Jingye Steel (uk) Holding Ltd
32% - Industry AVG
Profitability
an operating margin of 29.7% make it more profitable than the average company (4.6%)
29.7% - Jingye Steel (uk) Holding Ltd
4.6% - Industry AVG
Employees
with 3922 employees, this is above the industry average (128)
3922 - Jingye Steel (uk) Holding Ltd
128 - Industry AVG
Pay Structure
on an average salary of £37k, the company has an equivalent pay structure (£35.7k)
£37k - Jingye Steel (uk) Holding Ltd
£35.7k - Industry AVG
Efficiency
resulting in sales per employee of £228k, this is more efficient (£136.7k)
£228k - Jingye Steel (uk) Holding Ltd
£136.7k - Industry AVG
Debtor Days
it gets paid by customers after 64 days, this is near the average (54 days)
64 days - Jingye Steel (uk) Holding Ltd
54 days - Industry AVG
Creditor Days
its suppliers are paid after 33 days, this is quicker than average (52 days)
33 days - Jingye Steel (uk) Holding Ltd
52 days - Industry AVG
Stock Days
it holds stock equivalent to 181 days, this is more than average (66 days)
181 days - Jingye Steel (uk) Holding Ltd
66 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 6 weeks, this is less cash available to meet short term requirements (15 weeks)
6 weeks - Jingye Steel (uk) Holding Ltd
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 65%, this is a similar level of debt than the average (63.8%)
65% - Jingye Steel (uk) Holding Ltd
63.8% - Industry AVG
JINGYE STEEL (UK) HOLDING LTD financials
Jingye Steel (Uk) Holding Ltd's latest turnover from December 2020 is £894.2 million and the company has net assets of £288.2 million. According to their latest financial statements, Jingye Steel (Uk) Holding Ltd has 3,922 employees and maintains cash reserves of £26.8 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2020 | |
|---|---|
| Turnover | 894,171,000 |
| Other Income Or Grants | |
| Cost Of Sales | |
| Gross Profit | |
| Admin Expenses | |
| Operating Profit | 265,280,000 |
| Interest Payable | 4,520,000 |
| Interest Receivable | 213,000 |
| Pre-Tax Profit | 260,973,000 |
| Tax | 27,249,000 |
| Profit After Tax | 288,222,000 |
| Dividends Paid | |
| Retained Profit | 288,222,000 |
| Employee Costs | 145,176,000 |
| Number Of Employees | 3,922 |
| EBITDA* | 282,253,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2020 | |
|---|---|
| Tangible Assets | 279,497,000 |
| Intangible Assets | 1,704,000 |
| Investments & Other | |
| Debtors (Due After 1 year) | |
| Total Fixed Assets | 281,201,000 |
| Stock & work in progress | 302,543,000 |
| Trade Debtors | 157,201,000 |
| Group Debtors | |
| Misc Debtors | 56,802,000 |
| Cash | 26,791,000 |
| misc current assets | |
| total current assets | 543,337,000 |
| total assets | 824,538,000 |
| Bank overdraft | |
| Bank loan | |
| Trade Creditors | 55,233,000 |
| Group/Directors Accounts | |
| other short term finances | 65,000 |
| hp & lease commitments | 9,760,000 |
| other current liabilities | 161,387,000 |
| total current liabilities | 226,445,000 |
| loans | 480,594,000 |
| hp & lease commitments | 84,496,000 |
| Accruals and Deferred Income | |
| other liabilities | |
| provisions | 139,148,000 |
| total long term liabilities | 309,871,000 |
| total liabilities | 536,316,000 |
| net assets | 288,222,000 |
| total shareholders funds | 288,222,000 |
| Dec 2020 | |
|---|---|
| Operating Activities | |
| Operating Profit | 265,280,000 |
| Depreciation | 16,973,000 |
| Amortisation | |
| Tax | 27,249,000 |
| Stock | 302,543,000 |
| Debtors | 214,003,000 |
| Creditors | 55,233,000 |
| Accruals and Deferred Income | 161,387,000 |
| Deferred Taxes & Provisions | 139,148,000 |
| Cash flow from operations | 148,724,000 |
| Investing Activities | |
| capital expenditure | |
| Change in Investments | |
| cash flow from investments | |
| Financing Activities | |
| Bank loans | |
| Group/Directors Accounts | |
| Other Short Term Loans | 65,000 |
| Long term loans | 480,594,000 |
| Hire Purchase and Lease Commitments | 94,256,000 |
| other long term liabilities | |
| share issue | |
| interest | -4,307,000 |
| cash flow from financing | 570,608,000 |
| cash and cash equivalents | |
| cash | 26,791,000 |
| overdraft | |
| change in cash | 26,791,000 |
jingye steel (uk) holding ltd Credit Report and Business Information
Jingye Steel (uk) Holding Ltd Competitor Analysis
Perform a competitor analysis for jingye steel (uk) holding ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mega companies, companies in DN16 area or any other competitors across 12 key performance metrics.
jingye steel (uk) holding ltd Ownership
JINGYE STEEL (UK) HOLDING LTD group structure
Jingye Steel (Uk) Holding Ltd has 5 subsidiary companies.
Ultimate parent company
JINGYE INTERNATIONAL (HK) HOLDINGS CO LT
#0117219
1 parent
JINGYE STEEL (UK) HOLDING LTD
12302313
5 subsidiaries
jingye steel (uk) holding ltd directors
Jingye Steel (Uk) Holding Ltd currently has 4 directors. The longest serving directors include Ms Xi Han (Nov 2019) and Xijun Cao (Jun 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Xi Han | China | 46 years | Nov 2019 | - | Director |
| Xijun Cao | China | 55 years | Jun 2020 | - | Director |
| Huiming Li | China | 45 years | Jul 2020 | - | Director |
| Mr Damian Hargreaves | United Kingdom | 48 years | Jul 2020 | - | Director |
P&L
December 2020turnover
894.2m
0%
operating profit
265.3m
0%
gross margin
32.1%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2020net assets
288.2m
0%
total assets
824.5m
0%
cash
26.8m
0%
net assets
Total assets minus all liabilities
jingye steel (uk) holding ltd company details
company number
12302313
Type
Private limited with Share Capital
industry
64202 - Activities of production holding companies
incorporation date
November 2019
age
6
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2021
previous names
N/A
accountant
-
auditor
-
address
british steel, administration bu, brigg road, scunthorpe, north lincolnshire, DN16 1XA
Bank
SANTANDER UK PLC
Legal Advisor
-
jingye steel (uk) holding 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 found 3 charges/mortgages relating to jingye steel (uk) holding ltd. Currently there are 3 open charges and 0 have been satisfied in the past.
jingye steel (uk) holding ltd 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.
Click to start generating capital raising & share issue transactions for JINGYE STEEL (UK) HOLDING LTD. This can take several minutes, an email will notify you when this has completed.
jingye steel (uk) holding ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
