Pomanda estimates the enterprise value of JOETME LTD at £77.8k based on a Turnover of £86k and 0.91x industry multiple (adjusted for size and gross margin).
joetme ltdEstimated Valuation
£70.8k
Pomanda estimates the enterprise value of JOETME LTD at £70.8k based on an EBITDA of £17.9k and a 3.95x industry multiple (adjusted for size and gross margin).
joetme ltdEstimated Valuation
£25.7k
Pomanda estimates the enterprise value of JOETME LTD at £25.7k based on Net Assets of £13.4k and 1.92x industry multiple (adjusted for liquidity).
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Joetme LtdOverview
Joetme Ltd is a live company located in milton keynes, MK9 1NA with a Companies House number of 13832816. It operates in the other accommodation sector, SIC Code 55900. Founded in January 2022, it's largest shareholder is
jamie manicom
with a 66.7% stake. Joetme Ltd is a startup,
micro sized company, Pomanda has estimated its turnover at
£86k with
unknown
growth in recent years.
Pomanda's financial health check has awarded Joetme Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
3 Strong
1 Regular
5 Weak
Size
annual sales of £86k, make it smaller than the average company (£880.7k)
£86k - Joetme Ltd
£880.7k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Joetme Ltd
- - Industry AVG
Production
with a gross margin of 28%, this company has a higher cost of product (58%)
28% - Joetme Ltd
58% - Industry AVG
Profitability
an operating margin of 20.8% make it more profitable than the average company (4.9%)
20.8% - Joetme Ltd
4.9% - Industry AVG
Employees
with 1 employees, this is below the industry average (19)
1 - Joetme Ltd
19 - Industry AVG
Pay Structure
on an average salary of £24.1k, the company has an equivalent pay structure (£24.1k)
£24.1k - Joetme Ltd
£24.1k - Industry AVG
Efficiency
resulting in sales per employee of £86k, this is more efficient (£54.7k)
£86k - Joetme Ltd
£54.7k - Industry AVG
Debtor Days
it gets paid by customers after 85 days, this is later than average (18 days)
85 days - Joetme Ltd
18 days - Industry AVG
Creditor Days
its suppliers are paid after 33 days, this is slower than average (18 days)
33 days - Joetme Ltd
18 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Joetme Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Joetme Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 38.1%, this is a higher level of debt than the average (31.7%)
38.1% - Joetme Ltd
31.7% - Industry AVG
JOETME LTD financials
EXPORT
Joetme Ltd's latest turnover from May 2023 is estimated at £86 thousand and the company has net assets of £13.4 thousand. According to their latest financial statements, Joetme Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
May 2023
Turnover
85,976
Other Income Or Grants
Cost Of Sales
61,899
Gross Profit
24,077
Admin Expenses
6,176
Operating Profit
17,901
Interest Payable
Interest Receivable
Pre-Tax Profit
17,901
Tax
-4,475
Profit After Tax
13,426
Dividends Paid
Retained Profit
13,426
Employee Costs
24,144
Number Of Employees
1
EBITDA*
17,901
* Earnings Before Interest, Tax, Depreciation and Amortisation
May 2023
Tangible Assets
1,616
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
1,616
Stock & work in progress
Trade Debtors
20,081
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets
20,081
total assets
21,697
Bank overdraft
Bank loan
Trade Creditors
5,671
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
5,671
loans
hp & lease commitments
Accruals and Deferred Income
2,600
other liabilities
provisions
total long term liabilities
2,600
total liabilities
8,271
net assets
13,426
total shareholders funds
13,426
May 2023
Operating Activities
Operating Profit
17,901
Depreciation
Amortisation
Tax
-4,475
Stock
Debtors
20,081
Creditors
5,671
Accruals and Deferred Income
2,600
Deferred Taxes & Provisions
Cash flow from operations
1,616
Investing Activities
capital expenditure
-1,616
Change in Investments
cash flow from investments
-1,616
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
interest
cash flow from financing
cash and cash equivalents
cash
overdraft
change in cash
joetme ltd 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 joetme ltd. Get real-time insights into joetme ltd's credit score, group structure and payment trends.
Perform a competitor analysis for joetme ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other micro companies, companies in MK9 area or any other competitors across 12 key performance metrics.
joetme ltd Ownership
JOETME LTD group structure
Joetme Ltd has no subsidiary companies.
Ultimate parent company
JOETME LTD
13832816
JOETME LTD Shareholders
The largest shareholders in Joetme Ltd include Jamie Manicom and Cynthia Hendricks.
jamie manicom
66.67%
cynthia hendricks
33.33%
joetme ltd directors
Joetme Ltd currently has 1 director, Mr Jamie Manicom serving since Jan 2022.
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 joetme ltd.
joetme 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 JOETME LTD. This can take several minutes, an email will notify you when this has completed.
