jofa holdings limited
jofa holdings limited Company Information
Company Number
13949367
Website
-Registered Address
the hive butts lane, fowlmere, royston, SG8 7SL
Industry
Manufacture of non-electronic instruments and appliances for measuring, testing and navigation, except industrial process control equipment
Telephone
-
Next Accounts Due
September 2025
Group Structure
View All
Directors
Duncan Johns2 Years
Shareholders
duncan johns 100%
jofa holdings limited Estimated Valuation
Pomanda estimates the enterprise value of JOFA HOLDINGS LIMITED at £99.3m based on a Turnover of £37.2m and 2.67x industry multiple (adjusted for size and gross margin).
jofa holdings limited Estimated Valuation
Pomanda estimates the enterprise value of JOFA HOLDINGS LIMITED at £91.9m based on an EBITDA of £5.9m and a 15.67x industry multiple (adjusted for size and gross margin).
jofa holdings limited Estimated Valuation
Pomanda estimates the enterprise value of JOFA HOLDINGS LIMITED at £47.5m based on Net Assets of £18.3m and 2.59x industry multiple (adjusted for liquidity).
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Jofa Holdings Limited Overview
Jofa Holdings Limited is a live company located in royston, SG8 7SL with a Companies House number of 13949367. It operates in the manufacture of non-electronic measuring, testing etc. equipment, not for industrial process control sector, SIC Code 26513. Founded in March 2022, it's largest shareholder is duncan johns with a 100% stake. Jofa Holdings Limited is a startup, large sized company, Pomanda has estimated its turnover at £37.2m with unknown growth in recent years.
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Jofa Holdings Limited Health Check
Pomanda's financial health check has awarded Jofa Holdings Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 2 areas for improvement. Company Health Check FAQs
4 Strong
5 Regular
2 Weak
Size
annual sales of £37.2m, make it larger than the average company (£17.7m)
£37.2m - Jofa Holdings Limited
£17.7m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Jofa Holdings Limited
- - Industry AVG
Production
with a gross margin of 58.9%, this company has a lower cost of product (26.2%)
58.9% - Jofa Holdings Limited
26.2% - Industry AVG
Profitability
an operating margin of 9.8% make it as profitable than the average company (8.2%)
9.8% - Jofa Holdings Limited
8.2% - Industry AVG
Employees
with 252 employees, this is above the industry average (110)
252 - Jofa Holdings Limited
110 - Industry AVG
Pay Structure
on an average salary of £44k, the company has an equivalent pay structure (£43.4k)
£44k - Jofa Holdings Limited
£43.4k - Industry AVG
Efficiency
resulting in sales per employee of £147.4k, this is equally as efficient (£147.4k)
£147.4k - Jofa Holdings Limited
£147.4k - Industry AVG
Debtor Days
it gets paid by customers after 38 days, this is earlier than average (63 days)
38 days - Jofa Holdings Limited
63 days - Industry AVG
Creditor Days
its suppliers are paid after 34 days, this is close to average (36 days)
34 days - Jofa Holdings Limited
36 days - Industry AVG
Stock Days
it holds stock equivalent to 219 days, this is more than average (87 days)
219 days - Jofa Holdings Limited
87 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 24 weeks, this is average cash available to meet short term requirements (24 weeks)
24 weeks - Jofa Holdings Limited
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 53.3%, this is a higher level of debt than the average (31%)
53.3% - Jofa Holdings Limited
31% - Industry AVG
JOFA HOLDINGS LIMITED financials
Jofa Holdings Limited's latest turnover from December 2023 is £37.2 million and the company has net assets of £18.3 million. According to their latest financial statements, Jofa Holdings Limited has 252 employees and maintains cash reserves of £5.5 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|
| Turnover | 37,154,011 | 24,477,856 | 23,530,215 |
| Other Income Or Grants | 0 | 0 | 0 |
| Cost Of Sales | 15,287,604 | 9,028,127 | 8,399,392 |
| Gross Profit | 21,866,407 | 15,449,729 | 15,130,823 |
| Admin Expenses | 18,219,073 | 11,467,216 | 9,459,521 |
| Operating Profit | 3,647,334 | 3,982,513 | 5,671,302 |
| Interest Payable | 924,854 | 284,239 | 311,845 |
| Interest Receivable | 3,033 | 2,467 | 2,126 |
| Pre-Tax Profit | 2,729,613 | 3,704,766 | 5,361,583 |
| Tax | -318,178 | -515,166 | -547,817 |
| Profit After Tax | 2,411,435 | 3,189,600 | 4,813,766 |
| Dividends Paid | 0 | 228,241 | 700,000 |
| Retained Profit | 2,135,207 | 2,956,123 | 4,113,766 |
| Employee Costs | 11,087,824 | 6,184,203 | 5,302,918 |
| Number Of Employees | 252 | 145 | 132 |
| EBITDA* | 5,866,692 | 5,104,249 | 6,560,680 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|
| Tangible Assets | 10,032,715 | 10,032,100 | 7,938,466 |
| Intangible Assets | 8,933,470 | 10,203,404 | 3,373,789 |
| Investments & Other | 55,338 | 55,338 | 49,204 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 19,021,523 | 20,290,842 | 11,361,459 |
| Stock & work in progress | 9,203,581 | 7,674,237 | 3,634,460 |
| Trade Debtors | 3,949,776 | 4,785,740 | 2,491,315 |
| Group Debtors | 835,104 | 941,696 | 536,956 |
| Misc Debtors | 4,712,216 | 2,830,895 | 1,930,704 |
| Cash | 5,513,425 | 3,460,368 | 2,626,289 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 24,214,102 | 19,692,936 | 11,219,724 |
| total assets | 43,235,625 | 39,983,778 | 22,581,183 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 1,881,968 | 1,870,617 | 224,468 |
| Trade Creditors | 1,438,204 | 1,703,927 | 1,103,136 |
| Group/Directors Accounts | 21,399 | 209,009 | 0 |
| other short term finances | 1,126,329 | 1,085,309 | 1,015,748 |
| hp & lease commitments | 10,632 | 22,647 | 0 |
| other current liabilities | 7,359,194 | 3,524,883 | 769,319 |
| total current liabilities | 11,837,726 | 8,416,392 | 3,112,671 |
| loans | 10,240,388 | 12,824,579 | 5,800,103 |
| hp & lease commitments | 14,582 | 26,032 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 |
| provisions | 964,912 | 910,726 | 471,206 |
| total long term liabilities | 11,219,882 | 13,761,337 | 6,271,309 |
| total liabilities | 23,057,608 | 22,177,729 | 9,383,980 |
| net assets | 18,321,303 | 16,225,563 | 13,197,203 |
| total shareholders funds | 18,321,303 | 16,225,563 | 13,197,203 |
| Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | 3,647,334 | 3,982,513 | 5,671,302 |
| Depreciation | 928,439 | 632,086 | 458,682 |
| Amortisation | 1,290,919 | 489,650 | 430,696 |
| Tax | -318,178 | -515,166 | -547,817 |
| Stock | 1,529,344 | 4,039,777 | 3,634,460 |
| Debtors | 938,765 | 3,599,356 | 4,958,975 |
| Creditors | -265,723 | 600,791 | 1,103,136 |
| Accruals and Deferred Income | 3,834,311 | 2,755,564 | 769,319 |
| Deferred Taxes & Provisions | 54,186 | 439,520 | 471,206 |
| Cash flow from operations | 6,703,179 | 745,825 | -236,911 |
| Investing Activities | |||
| capital expenditure | 0 | 0 | 0 |
| Change in Investments | 0 | 6,134 | 49,204 |
| cash flow from investments | 0 | -6,134 | -49,204 |
| Financing Activities | |||
| Bank loans | 11,351 | 1,646,149 | 224,468 |
| Group/Directors Accounts | -187,610 | 209,009 | 0 |
| Other Short Term Loans | 41,020 | 69,561 | 1,015,748 |
| Long term loans | -2,584,191 | 7,024,476 | 5,800,103 |
| Hire Purchase and Lease Commitments | -23,465 | 48,679 | 0 |
| other long term liabilities | 0 | 0 | 0 |
| share issue | |||
| interest | -921,821 | -281,772 | -309,719 |
| cash flow from financing | -3,704,183 | 8,788,339 | 15,814,037 |
| cash and cash equivalents | |||
| cash | 2,053,057 | 834,079 | 2,626,289 |
| overdraft | 0 | 0 | 0 |
| change in cash | 2,053,057 | 834,079 | 2,626,289 |
jofa holdings limited Credit Report and Business Information
Jofa Holdings Limited Competitor Analysis
Perform a competitor analysis for jofa holdings limited by selecting its closest rivals, whether from the MANUFACTURING sector, other large companies, companies in SG8 area or any other competitors across 12 key performance metrics.
jofa holdings limited Ownership
JOFA HOLDINGS LIMITED group structure
Jofa Holdings Limited has 1 subsidiary company.
Ultimate parent company
JOFA HOLDINGS LIMITED
13949367
1 subsidiary
jofa holdings limited directors
Jofa Holdings Limited currently has 1 director, Mr Duncan Johns serving since Mar 2022.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Duncan Johns | United Kingdom | 61 years | Mar 2022 | - | Director |
P&L
December 2023turnover
37.2m
+52%
operating profit
3.6m
-8%
gross margin
58.9%
-6.76%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
18.3m
+0.13%
total assets
43.2m
+0.08%
cash
5.5m
+0.59%
net assets
Total assets minus all liabilities
Similar Companies
jofa holdings limited company details
company number
13949367
Type
Private limited with Share Capital
industry
26513 - Manufacture of non-electronic instruments and appliances for measuring, testing and navigation, except industrial process control equipment
incorporation date
March 2022
age
2
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
PETERS ELWORTHY & MOORE
address
the hive butts lane, fowlmere, royston, SG8 7SL
Bank
-
Legal Advisor
-
jofa holdings 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 found 1 charges/mortgages relating to jofa holdings limited. Currently there are 1 open charges and 0 have been satisfied in the past.
jofa holdings limited Companies House Filings - See Documents
| date | description | view/download |
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