joel limited
joel limited Company Information
Company Number
NI018106
Next Accounts
Dec 2025
Shareholders
adam john mccandless
cherith elizabeth frances emerson
View AllGroup Structure
View All
Industry
Buying and selling of own real estate
Registered Address
linenhall exchange, 1st floor, 26 linenhall street, belfast, BT2 8BG
Website
www.jcjoel.comjoel limited Estimated Valuation
Pomanda estimates the enterprise value of JOEL LIMITED at £1.9m based on a Turnover of £618.8k and 3.01x industry multiple (adjusted for size and gross margin).
joel limited Estimated Valuation
Pomanda estimates the enterprise value of JOEL LIMITED at £0 based on an EBITDA of £-117.6k and a 6.45x industry multiple (adjusted for size and gross margin).
joel limited Estimated Valuation
Pomanda estimates the enterprise value of JOEL LIMITED at £9.8m based on Net Assets of £6.2m and 1.58x industry multiple (adjusted for liquidity).
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Joel Limited Overview
Joel Limited is a live company located in belfast, BT2 8BG with a Companies House number of NI018106. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in January 1985, it's largest shareholder is adam john mccandless with a 25% stake. Joel Limited is a mature, small sized company, Pomanda has estimated its turnover at £618.8k with declining growth in recent years.
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Joel Limited Health Check
Pomanda's financial health check has awarded Joel Limited a 4 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
3 Strong
2 Regular
5 Weak
Size
annual sales of £618.8k, make it smaller than the average company (£823.2k)
- Joel Limited
£823.2k - Industry AVG
Growth
3 year (CAGR) sales growth of -6%, show it is growing at a slower rate (3.1%)
- Joel Limited
3.1% - Industry AVG
Production
with a gross margin of 67.3%, this company has a comparable cost of product (67.3%)
- Joel Limited
67.3% - Industry AVG
Profitability
an operating margin of -20.7% make it less profitable than the average company (27.1%)
- Joel Limited
27.1% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Joel Limited
4 - Industry AVG
Pay Structure
on an average salary of £38.6k, the company has an equivalent pay structure (£38.6k)
- Joel Limited
£38.6k - Industry AVG
Efficiency
resulting in sales per employee of £618.8k, this is more efficient (£199.7k)
- Joel Limited
£199.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Joel Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Joel Limited
- - Industry AVG
Stock Days
it holds stock equivalent to 8384 days, this is more than average (454 days)
- Joel Limited
454 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 1288 weeks, this is more cash available to meet short term requirements (7 weeks)
1288 weeks - Joel Limited
7 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 0.4%, this is a lower level of debt than the average (62.6%)
0.4% - Joel Limited
62.6% - Industry AVG
JOEL LIMITED financials
Joel Limited's latest turnover from March 2024 is estimated at £618.8 thousand and the company has net assets of £6.2 million. According to their latest financial statements, Joel Limited has 1 employee and maintains cash reserves of £326.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 1 | 1 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 78,891 | 87,353 | 85,726 | 31,452 | 40,426 | 31,332 | 18,167 | 24,793 | 29,818 | 38,815 | 53,832 | 28,895 | 35,319 | 43,127 | 50,633 |
| Intangible Assets | |||||||||||||||
| Investments & Other | 61,545 | 61,545 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 |
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 140,436 | 148,898 | 90,726 | 36,452 | 45,426 | 36,332 | 23,167 | 29,793 | 34,818 | 43,815 | 58,832 | 33,895 | 40,319 | 48,127 | 55,633 |
| Stock & work in progress | 4,647,905 | 4,775,882 | 4,846,164 | 4,821,164 | 5,052,449 | 5,068,842 | 5,208,921 | 5,390,064 | 5,463,836 | 5,379,075 | 5,440,459 | 5,468,151 | 5,558,595 | 5,429,265 | 5,414,484 |
| Trade Debtors | 243,906 | 350,821 | 344,955 | 74,107 | 3,400 | 33,392 | 25,000 | 25,000 | 20,000 | ||||||
| Group Debtors | 540,579 | 734,125 | 790,670 | 788,912 | 197,829 | ||||||||||
| Misc Debtors | 571,424 | 388,302 | 663,086 | 150,265 | 59,521 | 111,985 | |||||||||
| Cash | 326,600 | 315,223 | 87,041 | 681,247 | 919,544 | 969,535 | 909,837 | 906,559 | 1,069,034 | 1,369,170 | 1,403,790 | 1,674,505 | 1,713,826 | 1,804,255 | 2,092,186 |
| misc current assets | |||||||||||||||
| total current assets | 6,086,508 | 6,213,532 | 6,386,961 | 6,441,588 | 6,215,899 | 6,389,198 | 6,523,234 | 6,568,559 | 6,644,855 | 6,751,645 | 6,877,641 | 7,167,656 | 7,297,421 | 7,253,520 | 7,506,670 |
| total assets | 6,226,944 | 6,362,430 | 6,477,687 | 6,478,040 | 6,261,325 | 6,425,530 | 6,546,401 | 6,598,352 | 6,679,673 | 6,795,460 | 6,936,473 | 7,201,551 | 7,337,740 | 7,301,647 | 7,562,303 |
| Bank overdraft | 394,797 | 394,800 | |||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 346,621 | 443,239 | 166,292 | 1,649 | 727,047 | 823,548 | 1,052,994 | 1,154,682 | 1,103,022 | 1,515,230 | |||||
| Group/Directors Accounts | 336,707 | 63,400 | |||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 13,177 | 37,498 | 89,434 | 50,613 | 138,238 | 152,304 | |||||||||
| total current liabilities | 13,177 | 37,498 | 89,434 | 50,613 | 346,621 | 443,239 | 502,999 | 533,035 | 612,153 | 727,047 | 823,548 | 1,052,994 | 1,154,682 | 1,103,022 | 1,515,230 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 11,387 | 11,387 | 11,387 | 11,387 | 11,387 | 11,387 | 11,387 | 12,894 | 7,935 | 7,935 | 7,935 | 1,387 | 1,976 | 2,746 | 4,721 |
| total long term liabilities | 11,387 | 11,387 | 11,387 | 11,387 | 11,387 | 11,387 | 11,387 | 12,894 | 7,935 | 7,935 | 7,935 | 1,387 | 1,976 | 2,746 | 4,721 |
| total liabilities | 24,564 | 48,885 | 100,821 | 62,000 | 358,008 | 454,626 | 514,386 | 545,929 | 620,088 | 734,982 | 831,483 | 1,054,381 | 1,156,658 | 1,105,768 | 1,519,951 |
| net assets | 6,202,380 | 6,313,545 | 6,376,866 | 6,416,040 | 5,903,317 | 5,970,904 | 6,032,015 | 6,052,423 | 6,059,585 | 6,060,478 | 6,104,990 | 6,147,170 | 6,181,082 | 6,195,879 | 6,042,352 |
| total shareholders funds | 6,202,380 | 6,313,545 | 6,376,866 | 6,416,040 | 5,903,317 | 5,970,904 | 6,032,015 | 6,052,423 | 6,059,585 | 6,060,478 | 6,104,990 | 6,147,170 | 6,181,082 | 6,195,879 | 6,042,352 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 10,414 | 9,927 | 8,247 | 8,794 | 11,815 | 6,135 | 6,626 | 7,525 | 8,998 | 15,017 | 15,493 | 6,424 | 7,808 | 9,656 | 11,403 |
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | -127,977 | -70,282 | 25,000 | -231,285 | -16,393 | -140,079 | -181,143 | -73,772 | 84,761 | -61,384 | -27,692 | -90,444 | 129,330 | 14,781 | 5,414,484 |
| Debtors | -10,424 | -331,329 | 514,579 | 695,271 | -106,915 | -53,655 | 132,540 | 159,951 | 108,585 | -29,992 | 8,392 | 5,000 | 20,000 | ||
| Creditors | -346,621 | -96,618 | 276,947 | 166,292 | -1,649 | -725,398 | -96,501 | -229,446 | -101,688 | 51,660 | -412,208 | 1,515,230 | |||
| Accruals and Deferred Income | -24,321 | -51,936 | 38,821 | 50,613 | -138,238 | -14,066 | 152,304 | ||||||||
| Deferred Taxes & Provisions | -1,507 | 4,959 | 6,548 | -589 | -770 | -1,975 | 4,721 | ||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 56,545 | 5,000 | |||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -336,707 | 336,707 | -63,400 | 63,400 | |||||||||||
| 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 | 11,377 | 228,182 | -594,206 | -238,297 | -49,991 | 59,698 | 3,278 | -162,475 | -300,136 | -34,620 | -270,715 | -39,321 | -90,429 | -287,931 | 2,092,186 |
| overdraft | -394,797 | -3 | 394,800 | ||||||||||||
| change in cash | 11,377 | 228,182 | -594,206 | -238,297 | -49,991 | 59,698 | 398,075 | -162,472 | -694,936 | -34,620 | -270,715 | -39,321 | -90,429 | -287,931 | 2,092,186 |
joel limited Credit Report and Business Information
Joel Limited Competitor Analysis
Perform a competitor analysis for joel limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in BT2 area or any other competitors across 12 key performance metrics.
joel limited Ownership
JOEL LIMITED group structure
Joel Limited has no subsidiary companies.
Ultimate parent company
JOEL LIMITED
NI018106
joel limited directors
Joel Limited currently has 2 directors. The longest serving directors include Dr Adam McCandless (Jan 1985) and Mrs Elizabeth McCandless (Jan 1985).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Dr Adam McCandless | 73 years | Jan 1985 | - | Director | |
| Mrs Elizabeth McCandless | 72 years | Jan 1985 | - | Director |
P&L
March 2024turnover
618.8k
-8%
operating profit
-128k
0%
gross margin
67.4%
+1.45%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
6.2m
-0.02%
total assets
6.2m
-0.02%
cash
326.6k
+0.04%
net assets
Total assets minus all liabilities
joel limited company details
company number
NI018106
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
January 1985
age
40
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
linenhall exchange, 1st floor, 26 linenhall street, belfast, BT2 8BG
Bank
-
Legal Advisor
-
joel 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 3 charges/mortgages relating to joel limited. Currently there are 3 open charges and 0 have been satisfied in the past.
joel 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.
Click to start generating capital raising & share issue transactions for JOEL LIMITED. This can take several minutes, an email will notify you when this has completed.
joel limited Companies House Filings - See Documents
| date | description | view/download |
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