jmg mechanical services ltd Company Information
Company Number
NI046587
Registered Address
11a grinan lough road, newry, co down, BT34 2PY
Industry
Plumbing, heat and air-conditioning installation
Telephone
02830262625
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
ciaran mc govern 30%
joseph mcgovern 25.3%
View Alljmg mechanical services ltd Estimated Valuation
The estimated valuation range for jmg mechanical services ltd, derived from financial data as of December 2022 and the most recent industry multiples, is between £0 to £668.1k
jmg mechanical services ltd Estimated Valuation
The estimated valuation range for jmg mechanical services ltd, derived from financial data as of December 2022 and the most recent industry multiples, is between £0 to £668.1k
jmg mechanical services ltd Estimated Valuation
The estimated valuation range for jmg mechanical services ltd, derived from financial data as of December 2022 and the most recent industry multiples, is between £0 to £668.1k
Get a detailed valuation report, edit figures and unlock valuation multiples.
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Jmg Mechanical Services Ltd Overview
Jmg Mechanical Services Ltd is a live company located in co down, BT34 2PY with a Companies House number of NI046587. It operates in the plumbing, heat and air-conditioning installation sector, SIC Code 43220. Founded in May 2003, it's largest shareholder is ciaran mc govern with a 30% stake. Jmg Mechanical Services Ltd is a mature, micro sized company, Pomanda has estimated its turnover at £460.5k with low growth in recent years.
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Jmg Mechanical Services Ltd Health Check
Pomanda's financial health check has awarded Jmg Mechanical Services Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
5 Regular
4 Weak
Size
annual sales of £460.5k, make it in line with the average company (£386.4k)
- Jmg Mechanical Services Ltd
£386.4k - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a similar rate (2%)
- Jmg Mechanical Services Ltd
2% - Industry AVG
Production
with a gross margin of 28%, this company has a comparable cost of product (28%)
- Jmg Mechanical Services Ltd
28% - Industry AVG
Profitability
an operating margin of -13.8% make it less profitable than the average company (6.7%)
- Jmg Mechanical Services Ltd
6.7% - Industry AVG
Employees
with 5 employees, this is similar to the industry average (5)
5 - Jmg Mechanical Services Ltd
5 - Industry AVG
Pay Structure
on an average salary of £34.4k, the company has an equivalent pay structure (£34.4k)
- Jmg Mechanical Services Ltd
£34.4k - Industry AVG
Efficiency
resulting in sales per employee of £92.1k, this is less efficient (£115.8k)
- Jmg Mechanical Services Ltd
£115.8k - Industry AVG
Debtor Days
it gets paid by customers after 23 days, this is earlier than average (58 days)
- Jmg Mechanical Services Ltd
58 days - Industry AVG
Creditor Days
its suppliers are paid after 11 days, this is quicker than average (45 days)
- Jmg Mechanical Services Ltd
45 days - Industry AVG
Stock Days
it holds stock equivalent to 96 days, this is more than average (9 days)
- Jmg Mechanical Services Ltd
9 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 109 weeks, this is more cash available to meet short term requirements (19 weeks)
109 weeks - Jmg Mechanical Services Ltd
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 21%, this is a lower level of debt than the average (66.4%)
21% - Jmg Mechanical Services Ltd
66.4% - Industry AVG
jmg mechanical services ltd Credit Report and Business Information
Jmg Mechanical Services Ltd Competitor Analysis
Perform a competitor analysis for jmg mechanical services ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
jmg mechanical services ltd Ownership
JMG MECHANICAL SERVICES LTD group structure
Jmg Mechanical Services Ltd has no subsidiary companies.
Ultimate parent company
JMG MECHANICAL SERVICES LTD
NI046587
jmg mechanical services ltd directors
Jmg Mechanical Services Ltd currently has 3 directors. The longest serving directors include Mrs Geraldine McGovern (May 2003) and Mr Joseph McGovern (May 2003).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mrs Geraldine McGovern | 67 years | May 2003 | - | Director | |
Mr Joseph McGovern | 69 years | May 2003 | - | Director | |
Mr Ciaran McGovern | 40 years | Oct 2010 | - | Director |
JMG MECHANICAL SERVICES LTD financials
Jmg Mechanical Services Ltd's latest turnover from December 2022 is estimated at £460.5 thousand and the company has net assets of £197.9 thousand. According to their latest financial statements, Jmg Mechanical Services Ltd has 5 employees and maintains cash reserves of £105.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 | 5 | 6 | 5 | 6 | 9 | 9 | 9 | |||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 14,034 | 17,310 | 22,413 | 29,884 | 39,846 | 32,639 | 66,006 | 16,535 | 9,389 | 10,710 | 12,014 | 12,591 | 15,027 | 16,209 |
Intangible Assets | 0 | 7,110 | 14,220 | 21,330 | 28,440 | 35,550 | 0 | 49,770 | 56,880 | 63,990 | 71,100 | 71,100 | 71,100 | 71,100 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 14,034 | 24,420 | 36,633 | 51,214 | 68,286 | 68,189 | 66,006 | 66,305 | 66,269 | 74,700 | 83,114 | 83,691 | 86,127 | 87,309 |
Stock & work in progress | 87,768 | 82,802 | 226,090 | 26,226 | 108,220 | 34,326 | 0 | 166,637 | 121,682 | 94,545 | 75,012 | 55,775 | 112,364 | 13,597 |
Trade Debtors | 29,552 | 37,619 | 20,623 | 62,253 | 209,912 | 84,754 | 713,090 | 59,508 | 74,016 | 83,349 | 24,859 | 60,144 | 60,906 | 98,522 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 13,840 | 39,085 | 54,119 | 57,990 | 60,175 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 105,508 | 151,962 | 230,787 | 114,104 | 285,035 | 375,316 | 0 | 239,112 | 229,051 | 492,501 | 527,968 | 289,034 | 195,025 | 221,009 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 236,668 | 311,468 | 531,619 | 260,573 | 663,342 | 494,396 | 713,090 | 465,257 | 424,749 | 670,395 | 627,839 | 404,953 | 368,295 | 333,128 |
total assets | 250,702 | 335,888 | 568,252 | 311,787 | 731,628 | 562,585 | 779,096 | 531,562 | 491,018 | 745,095 | 710,953 | 488,644 | 454,422 | 420,437 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 10,795 | 25,523 | 301,833 | 26,812 | 297,101 | 93,292 | 428,512 | 202,408 | 123,148 | 287,012 | 299,379 | 158,996 | 167,973 | 142,769 |
Group/Directors Accounts | 22,968 | 7,153 | 37,526 | 4,850 | 35,080 | 15,085 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 16,323 | 42,064 | 16,231 | 47,256 | 72,225 | 91,009 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 50,086 | 74,740 | 355,590 | 78,918 | 404,406 | 199,386 | 428,512 | 202,408 | 123,148 | 287,012 | 299,379 | 158,996 | 167,973 | 142,769 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 37,878 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 2,667 | 4,098 | 4,098 | 5,483 | 7,327 | 5,912 | 0 | 2,853 | 862 | 1,518 | 1,416 | 1,486 | 1,689 | 0 |
total long term liabilities | 2,667 | 4,098 | 4,098 | 5,483 | 7,327 | 5,912 | 37,878 | 2,853 | 862 | 1,518 | 1,416 | 1,486 | 1,689 | 0 |
total liabilities | 52,753 | 78,838 | 359,688 | 84,401 | 411,733 | 205,298 | 466,390 | 205,261 | 124,010 | 288,530 | 300,795 | 160,482 | 169,662 | 142,769 |
net assets | 197,949 | 257,050 | 208,564 | 227,386 | 319,895 | 357,287 | 312,706 | 326,301 | 367,008 | 456,565 | 410,158 | 328,162 | 284,760 | 277,668 |
total shareholders funds | 197,949 | 257,050 | 208,564 | 227,386 | 319,895 | 357,287 | 312,706 | 326,301 | 367,008 | 456,565 | 410,158 | 328,162 | 284,760 | 277,668 |
Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||
Operating Profit | ||||||||||||||
Depreciation | 4,678 | 5,770 | 7,471 | 9,962 | 13,282 | 5,511 | 3,129 | 3,570 | 6,588 | 4,197 | 5,008 | 5,404 | ||
Amortisation | 7,110 | 7,110 | 7,110 | 7,110 | 7,110 | 7,110 | 7,110 | 7,110 | 0 | 0 | 0 | 0 | ||
Tax | ||||||||||||||
Stock | 4,966 | -143,288 | 199,864 | -81,994 | 73,894 | 34,326 | -166,637 | 44,955 | 27,137 | 19,533 | 19,237 | -56,589 | 98,767 | 13,597 |
Debtors | -33,312 | 1,962 | -45,501 | -149,844 | 185,333 | -628,336 | 653,582 | -14,508 | -9,333 | 58,490 | -35,285 | -762 | -37,616 | 98,522 |
Creditors | -14,728 | -276,310 | 275,021 | -270,289 | 203,809 | -335,220 | 226,104 | 79,260 | -163,864 | -12,367 | 140,383 | -8,977 | 25,204 | 142,769 |
Accruals and Deferred Income | -25,741 | 25,833 | -31,025 | -24,969 | -18,784 | 53,131 | 37,878 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | -1,431 | 0 | -1,385 | -1,844 | 1,415 | 5,912 | -2,853 | 1,991 | -656 | 102 | -70 | -203 | 1,689 | 0 |
Cash flow from operations | ||||||||||||||
Investing Activities | ||||||||||||||
capital expenditure | ||||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | ||||||||||||||
Financing Activities | ||||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 15,815 | -30,373 | 32,676 | -30,230 | 19,995 | 15,085 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | ||||||||||||||
interest | ||||||||||||||
cash flow from financing | ||||||||||||||
cash and cash equivalents | ||||||||||||||
cash | -46,454 | -78,825 | 116,683 | -170,931 | -90,281 | 375,316 | -239,112 | 10,061 | -263,450 | -35,467 | 238,934 | 94,009 | -25,984 | 221,009 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | -46,454 | -78,825 | 116,683 | -170,931 | -90,281 | 375,316 | -239,112 | 10,061 | -263,450 | -35,467 | 238,934 | 94,009 | -25,984 | 221,009 |
P&L
December 2022turnover
460.5k
-14%
operating profit
-63.6k
0%
gross margin
28.1%
-3.97%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
197.9k
-0.23%
total assets
250.7k
-0.25%
cash
105.5k
-0.31%
net assets
Total assets minus all liabilities
jmg mechanical services ltd company details
company number
NI046587
Type
Private limited with Share Capital
industry
43220 - Plumbing, heat and air-conditioning installation
incorporation date
May 2003
age
21
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
11a grinan lough road, newry, co down, BT34 2PY
last accounts submitted
December 2022
jmg mechanical services 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 did not find charges/mortgages relating to jmg mechanical services ltd.
jmg mechanical services ltd Companies House Filings - See Documents
date | description | view/download |
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