jp griffiths & son limited
jp griffiths & son limited Company Information
Company Number
12970588
Website
jpgriffiths.co.ukRegistered Address
legg brothers trading estate, spring road, wolverhampton, west midlands, WV4 6JT
Industry
Non-specialised wholesale trade
Telephone
-
Next Accounts Due
September 2025
Group Structure
View All
Directors
Trevor Foster4 Years
Shareholders
trevor foster 100%
jp griffiths & son limited Estimated Valuation
Pomanda estimates the enterprise value of JP GRIFFITHS & SON LIMITED at £2.4m based on a Turnover of £3.5m and 0.68x industry multiple (adjusted for size and gross margin).
jp griffiths & son limited Estimated Valuation
Pomanda estimates the enterprise value of JP GRIFFITHS & SON LIMITED at £2.9m based on an EBITDA of £542.9k and a 5.39x industry multiple (adjusted for size and gross margin).
jp griffiths & son limited Estimated Valuation
Pomanda estimates the enterprise value of JP GRIFFITHS & SON LIMITED at £4.5m based on Net Assets of £2.7m and 1.67x industry multiple (adjusted for liquidity).
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Jp Griffiths & Son Limited Overview
Jp Griffiths & Son Limited is a live company located in wolverhampton, WV4 6JT with a Companies House number of 12970588. It operates in the non-specialised wholesale trade sector, SIC Code 46900. Founded in October 2020, it's largest shareholder is trevor foster with a 100% stake. Jp Griffiths & Son Limited is a startup, small sized company, Pomanda has estimated its turnover at £3.5m with unknown growth in recent years.
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Jp Griffiths & Son Limited Health Check
Pomanda's financial health check has awarded Jp Griffiths & Son Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
3 Weak
Size
annual sales of £3.5m, make it smaller than the average company (£16.1m)
- Jp Griffiths & Son Limited
£16.1m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Jp Griffiths & Son Limited
- - Industry AVG
Production
with a gross margin of 27.6%, this company has a comparable cost of product (27.6%)
- Jp Griffiths & Son Limited
27.6% - Industry AVG
Profitability
an operating margin of 14.9% make it more profitable than the average company (5.1%)
- Jp Griffiths & Son Limited
5.1% - Industry AVG
Employees
with 11 employees, this is below the industry average (41)
11 - Jp Griffiths & Son Limited
41 - Industry AVG
Pay Structure
on an average salary of £44.5k, the company has an equivalent pay structure (£44.5k)
- Jp Griffiths & Son Limited
£44.5k - Industry AVG
Efficiency
resulting in sales per employee of £317.6k, this is equally as efficient (£373k)
- Jp Griffiths & Son Limited
£373k - Industry AVG
Debtor Days
it gets paid by customers after 74 days, this is later than average (52 days)
- Jp Griffiths & Son Limited
52 days - Industry AVG
Creditor Days
its suppliers are paid after 57 days, this is slower than average (32 days)
- Jp Griffiths & Son Limited
32 days - Industry AVG
Stock Days
it holds stock equivalent to 32 days, this is less than average (78 days)
- Jp Griffiths & Son Limited
78 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 149 weeks, this is more cash available to meet short term requirements (15 weeks)
149 weeks - Jp Griffiths & Son Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 23.8%, this is a lower level of debt than the average (47.2%)
23.8% - Jp Griffiths & Son Limited
47.2% - Industry AVG
JP GRIFFITHS & SON LIMITED financials
Jp Griffiths & Son Limited's latest turnover from December 2023 is estimated at £3.5 million and the company has net assets of £2.7 million. According to their latest financial statements, Jp Griffiths & Son Limited has 11 employees and maintains cash reserves of £2.4 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|
| 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 | 11 | 11 | 10 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|
| Tangible Assets | 77,298 | 85,033 | 28,353 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 77,298 | 85,033 | 28,353 |
| Stock & work in progress | 228,380 | 869,930 | 832,294 |
| Trade Debtors | 711,794 | 1,027,925 | 1,159,297 |
| Group Debtors | 0 | 0 | 0 |
| Misc Debtors | 146,076 | 27,412 | 26,784 |
| Cash | 2,356,261 | 2,162,997 | 709,119 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 3,442,511 | 4,088,264 | 2,727,494 |
| total assets | 3,519,809 | 4,173,297 | 2,755,847 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 395,487 | 1,424,632 | 826,808 |
| Group/Directors Accounts | 150,000 | 198,210 | 563,385 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 272,191 | 320,430 | 297,375 |
| total current liabilities | 817,678 | 1,943,272 | 1,687,568 |
| loans | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 |
| provisions | 19,324 | 21,258 | 5,453 |
| total long term liabilities | 19,324 | 21,258 | 5,453 |
| total liabilities | 837,002 | 1,964,530 | 1,693,021 |
| net assets | 2,682,807 | 2,208,767 | 1,062,826 |
| total shareholders funds | 2,682,807 | 2,208,767 | 1,062,826 |
| Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | 23,866 | 16,205 | 6,926 |
| Amortisation | 0 | 0 | 0 |
| Tax | |||
| Stock | -641,550 | 37,636 | 832,294 |
| Debtors | -197,467 | -130,744 | 1,186,081 |
| Creditors | -1,029,145 | 597,824 | 826,808 |
| Accruals and Deferred Income | -48,239 | 23,055 | 297,375 |
| Deferred Taxes & Provisions | -1,934 | 15,805 | 5,453 |
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 0 | 0 | 0 |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | 0 | 0 | 0 |
| Group/Directors Accounts | -48,210 | -365,175 | 563,385 |
| Other Short Term Loans | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 |
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | 193,264 | 1,453,878 | 709,119 |
| overdraft | 0 | 0 | 0 |
| change in cash | 193,264 | 1,453,878 | 709,119 |
jp griffiths & son limited Credit Report and Business Information
Jp Griffiths & Son Limited Competitor Analysis
Perform a competitor analysis for jp griffiths & son 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 WV4 area or any other competitors across 12 key performance metrics.
jp griffiths & son limited Ownership
JP GRIFFITHS & SON LIMITED group structure
Jp Griffiths & Son Limited has no subsidiary companies.
Ultimate parent company
JP GRIFFITHS & SON LIMITED
12970588
jp griffiths & son limited directors
Jp Griffiths & Son Limited currently has 1 director, Mr Trevor Foster serving since Oct 2020.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Trevor Foster | England | 54 years | Oct 2020 | - | Director |
P&L
December 2023turnover
3.5m
-44%
operating profit
519.1k
0%
gross margin
27.6%
-1.49%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
2.7m
+0.21%
total assets
3.5m
-0.16%
cash
2.4m
+0.09%
net assets
Total assets minus all liabilities
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jp griffiths & son limited company details
company number
12970588
Type
Private limited with Share Capital
industry
46900 - Non-specialised wholesale trade
incorporation date
October 2020
age
4
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
WJW ACCOUNTANCY SERVICES LTD
auditor
-
address
legg brothers trading estate, spring road, wolverhampton, west midlands, WV4 6JT
Bank
-
Legal Advisor
-
jp griffiths & son 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 jp griffiths & son limited.
jp griffiths & son limited Companies House Filings - See Documents
| date | description | view/download |
|---|
