jbt distribution limited
jbt distribution limited Company Information
Company Number
SC146191
Website
www.jbt.co.ukRegistered Address
rsm restructuring advisory llp, third floor, edinburgh, EH3 8BL
Industry
Freight transport by road
Telephone
01506636630
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
lister square (no 4) limited 100%
jbt distribution limited Estimated Valuation
Pomanda estimates the enterprise value of JBT DISTRIBUTION LIMITED at £9.5m based on a Turnover of £20.4m and 0.46x industry multiple (adjusted for size and gross margin).
jbt distribution limited Estimated Valuation
Pomanda estimates the enterprise value of JBT DISTRIBUTION LIMITED at £5.1m based on an EBITDA of £1.1m and a 4.63x industry multiple (adjusted for size and gross margin).
jbt distribution limited Estimated Valuation
Pomanda estimates the enterprise value of JBT DISTRIBUTION LIMITED at £18.8m based on Net Assets of £8.4m and 2.24x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Jbt Distribution Limited Overview
Jbt Distribution Limited is a live company located in edinburgh, EH3 8BL with a Companies House number of SC146191. It operates in the freight transport by road sector, SIC Code 49410. Founded in August 1993, it's largest shareholder is lister square (no 4) limited with a 100% stake. Jbt Distribution Limited is a mature, large sized company, Pomanda has estimated its turnover at £20.4m with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Jbt Distribution Limited Health Check
Pomanda's financial health check has awarded Jbt Distribution Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 3 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
3 Weak
Size
annual sales of £20.4m, make it larger than the average company (£10.7m)
£20.4m - Jbt Distribution Limited
£10.7m - Industry AVG
Growth
3 year (CAGR) sales growth of -8%, show it is growing at a slower rate (6.5%)
-8% - Jbt Distribution Limited
6.5% - Industry AVG
Production
with a gross margin of 19%, this company has a comparable cost of product (21.3%)
19% - Jbt Distribution Limited
21.3% - Industry AVG
Profitability
an operating margin of 3.8% make it less profitable than the average company (5.6%)
3.8% - Jbt Distribution Limited
5.6% - Industry AVG
Employees
with 198 employees, this is above the industry average (66)
198 - Jbt Distribution Limited
66 - Industry AVG
Pay Structure
on an average salary of £38.5k, the company has an equivalent pay structure (£38.6k)
£38.5k - Jbt Distribution Limited
£38.6k - Industry AVG
Efficiency
resulting in sales per employee of £102.9k, this is less efficient (£132.4k)
£102.9k - Jbt Distribution Limited
£132.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Jbt Distribution Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Jbt Distribution Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Jbt Distribution Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Jbt Distribution Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 0.8%, this is a lower level of debt than the average (63.2%)
0.8% - Jbt Distribution Limited
63.2% - Industry AVG
JBT DISTRIBUTION LIMITED financials
Jbt Distribution Limited's latest turnover from December 2022 is £20.4 million and the company has net assets of £8.4 million. According to their latest financial statements, Jbt Distribution Limited has 198 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | 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 | 20,367,000 | 17,868,000 | 21,832,000 | 23,299,631 | 25,917,661 | 24,810,251 | 23,689,865 | 22,723,946 | 22,393,092 | 20,212,664 | 19,680,663 | 18,681,809 | 16,462,152 | 14,763,498 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Cost Of Sales | 16,502,000 | 14,661,000 | 18,442,000 | 18,474,543 | 20,633,285 | 19,575,785 | 18,644,171 | 17,925,549 | 17,996,599 | 16,318,168 | 15,918,547 | |||
| Gross Profit | 3,865,000 | 3,207,000 | 3,390,000 | 4,825,088 | 5,284,376 | 5,234,466 | 5,045,694 | 4,798,397 | 4,396,493 | 3,894,496 | 3,762,116 | |||
| Admin Expenses | 3,089,000 | 3,101,000 | 2,165,000 | 3,685,483 | 3,502,122 | 3,454,595 | 3,305,596 | 2,955,127 | 3,387,439 | 3,030,793 | 3,084,073 | |||
| Operating Profit | 776,000 | 106,000 | 1,225,000 | 1,139,605 | 1,782,254 | 1,779,871 | 1,740,098 | 1,843,270 | 1,009,054 | 863,703 | 678,043 | 440,157 | -673,468 | 148,734 |
| Interest Payable | 15,000 | 40,000 | 64,000 | 87,817 | 108,965 | 101,419 | 104,419 | 84,877 | 85,379 | 118,841 | 131,115 | 168,998 | 116,609 | 89,118 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 273 | 227 |
| Pre-Tax Profit | 7,204,000 | -636,000 | 1,161,000 | 1,051,788 | 1,673,289 | 1,678,452 | 1,635,679 | 1,758,393 | 930,176 | 771,378 | 551,999 | 275,889 | -803,818 | 62,012 |
| Tax | -118,000 | 114,000 | -228,000 | -213,495 | -297,345 | -317,779 | -332,011 | -314,349 | -143,022 | -150,538 | -17,150 | 6,364 | 58,464 | 36,913 |
| Profit After Tax | 7,086,000 | -522,000 | 933,000 | 838,293 | 1,375,944 | 1,360,673 | 1,303,668 | 1,444,044 | 787,154 | 620,840 | 534,849 | 282,253 | -745,354 | 98,925 |
| Dividends Paid | 0 | 0 | 1,030,000 | 450,000 | 1,275,017 | 1,397,300 | 1,300,000 | 1,250,000 | 1,200,000 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 7,086,000 | -522,000 | -97,000 | 388,293 | 100,927 | -36,627 | 3,668 | 194,044 | -412,846 | 620,840 | 534,849 | 282,253 | -745,354 | 98,925 |
| Employee Costs | 7,621,000 | 7,129,000 | 8,582,000 | 8,727,004 | 8,691,004 | 7,798,963 | 7,508,561 | 6,772,843 | 6,570,158 | 5,787,432 | 5,201,529 | 5,322,098 | 5,367,939 | 4,125,581 |
| Number Of Employees | 198 | 271 | 299 | 317 | 323 | 303 | 312 | 278 | 266 | 231 | 218 | 230 | 197 | 145 |
| EBITDA* | 1,106,000 | 575,000 | 1,941,000 | 1,885,091 | 2,452,732 | 2,400,883 | 2,316,290 | 2,350,277 | 1,484,149 | 1,290,250 | 1,024,198 | 813,582 | -382,832 | 347,739 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | 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 | 0 | 955,000 | 1,796,000 | 1,757,790 | 2,223,135 | 2,063,166 | 2,241,992 | 2,061,118 | 1,256,837 | 1,113,766 | 971,557 | 986,460 | 1,197,942 | 937,180 |
| Intangible Assets | 0 | 3,000 | 0 | 0 | 0 | 0 | 0 | 0 | 25,207 | 100,833 | 176,459 | 252,085 | 327,710 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 33,540 | 33,540 | 33,540 | 33,540 | 33,540 | 53,540 |
| Debtors (Due After 1 year) | 8,453,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 8,453,000 | 958,000 | 1,796,000 | 1,757,790 | 2,223,135 | 2,063,166 | 2,241,992 | 2,061,118 | 1,315,584 | 1,248,139 | 1,181,556 | 1,272,085 | 1,559,192 | 990,720 |
| Stock & work in progress | 0 | 21,000 | 29,000 | 23,131 | 18,982 | 25,441 | 35,255 | 7,250 | 82,322 | 95,457 | 130,920 | 90,000 | 85,257 | 0 |
| Trade Debtors | 0 | 4,214,000 | 4,505,000 | 4,029,383 | 4,896,798 | 4,263,194 | 4,558,244 | 4,007,755 | 3,994,578 | 3,729,072 | 3,492,238 | 3,516,478 | 3,083,477 | 2,831,667 |
| Group Debtors | 0 | 0 | 0 | 610,000 | 8,147 | 255,017 | 532,317 | 26,567 | 263,192 | 1,288,067 | 828,746 | 416,456 | 288,685 | 144,917 |
| Misc Debtors | 0 | 1,856,000 | 352,000 | 750,266 | 804,768 | 801,176 | 835,660 | 330,760 | 291,086 | 242,213 | 264,553 | 337,092 | 301,473 | 297,381 |
| Cash | 0 | 355,000 | 2,735,000 | 1,800,385 | 2,099,595 | 1,841,152 | 1,248,071 | 1,972,169 | 1,972,389 | 1,055,422 | 428,212 | 0 | 0 | 80,244 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 0 | 6,446,000 | 7,621,000 | 7,213,165 | 7,828,290 | 7,185,980 | 7,209,547 | 6,344,501 | 6,603,567 | 6,410,231 | 5,144,669 | 4,360,026 | 3,758,892 | 3,354,209 |
| total assets | 8,453,000 | 7,404,000 | 9,417,000 | 8,970,955 | 10,051,425 | 9,249,146 | 9,451,539 | 8,405,619 | 7,919,151 | 7,658,370 | 6,326,225 | 5,632,111 | 5,318,084 | 4,344,929 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 190,426 | 296,158 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 1,927,000 | 2,161,000 | 1,596,385 | 2,039,346 | 1,960,060 | 1,732,799 | 1,609,722 | 1,921,677 | 1,695,448 | 1,610,726 | 1,523,078 | 1,420,404 | 1,661,289 |
| Group/Directors Accounts | 0 | 1,306,000 | 0 | 0 | 0 | 81,313 | 105,890 | 45,817 | 42,277 | 101,764 | 142,393 | 53,457 | 35,000 | 35,000 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,794,818 | 2,534,439 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 92,000 | 144,000 | 248,897 | 411,829 | 334,174 | 258,393 | 203,271 | 94,776 | 56,209 | 51,706 | 54,882 | 114,566 | 103,640 |
| other current liabilities | 66,000 | 2,671,000 | 5,109,000 | 4,917,830 | 5,542,558 | 5,001,533 | 5,296,449 | 4,504,701 | 4,393,008 | 1,202,224 | 875,647 | 3,192,715 | 2,944,463 | 1,948,088 |
| total current liabilities | 66,000 | 5,996,000 | 7,414,000 | 6,763,112 | 7,993,733 | 7,377,080 | 7,393,531 | 6,363,511 | 6,451,738 | 5,850,463 | 5,214,911 | 5,014,558 | 4,810,591 | 3,748,017 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 107,000 | 180,000 | 292,606 | 501,048 | 417,438 | 543,456 | 519,279 | 193,660 | 121,308 | 45,555 | 53,643 | 75,836 | 61,437 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 67,476 | 97,176 | 96,087 | 122,270 | 134,932 | 76,339 | 0 | 0 | 0 | 150,000 | 58,464 |
| total long term liabilities | 0 | 107,000 | 180,000 | 360,082 | 598,224 | 513,525 | 665,726 | 654,211 | 269,999 | 121,308 | 45,555 | 53,643 | 225,836 | 119,901 |
| total liabilities | 66,000 | 6,103,000 | 7,594,000 | 7,123,194 | 8,591,957 | 7,890,605 | 8,059,257 | 7,017,722 | 6,721,737 | 5,971,771 | 5,260,466 | 5,068,201 | 5,036,427 | 3,867,918 |
| net assets | 8,387,000 | 1,301,000 | 1,823,000 | 1,847,761 | 1,459,468 | 1,358,541 | 1,392,282 | 1,387,897 | 1,197,414 | 1,686,599 | 1,065,759 | 563,910 | 281,657 | 477,011 |
| total shareholders funds | 8,387,000 | 1,301,000 | 1,823,000 | 1,847,761 | 1,459,468 | 1,358,541 | 1,392,282 | 1,387,897 | 1,197,414 | 1,686,599 | 1,065,759 | 563,910 | 281,657 | 477,011 |
| Dec 2022 | Dec 2021 | 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 | 776,000 | 106,000 | 1,225,000 | 1,139,605 | 1,782,254 | 1,779,871 | 1,740,098 | 1,843,270 | 1,009,054 | 863,703 | 678,043 | 440,157 | -673,468 | 148,734 |
| Depreciation | 330,000 | 469,000 | 716,000 | 745,486 | 670,478 | 621,012 | 576,192 | 481,800 | 399,469 | 350,921 | 270,529 | 297,800 | 240,219 | 199,005 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 25,207 | 75,626 | 75,626 | 75,626 | 75,625 | 50,417 | 0 |
| Tax | -118,000 | 114,000 | -228,000 | -213,495 | -297,345 | -317,779 | -332,011 | -314,349 | -143,022 | -150,538 | -17,150 | 6,364 | 58,464 | 36,913 |
| Stock | -21,000 | -2,131 | 5,869 | 4,149 | -6,459 | -9,814 | 28,005 | -75,072 | -13,135 | -35,463 | 40,920 | 4,743 | 85,257 | 0 |
| Debtors | 2,383,000 | 680,351 | -532,649 | -320,064 | 390,326 | -606,834 | 1,561,139 | -183,774 | -710,496 | 673,815 | 315,511 | 596,391 | 399,670 | 3,273,965 |
| Creditors | -1,927,000 | 330,615 | 564,615 | -442,961 | 79,286 | 227,261 | 123,077 | -311,955 | 226,229 | 84,722 | 87,648 | 102,674 | -240,885 | 1,661,289 |
| Accruals and Deferred Income | -2,605,000 | -2,246,830 | 191,170 | -624,728 | 541,025 | -294,916 | 791,748 | 111,693 | 3,190,784 | 326,577 | -2,317,068 | 248,252 | 996,375 | 1,948,088 |
| Deferred Taxes & Provisions | 0 | -67,476 | -67,476 | -29,700 | 1,089 | -26,183 | -12,662 | 58,593 | 76,339 | 0 | 0 | -150,000 | 91,536 | 58,464 |
| Cash flow from operations | -5,906,000 | -1,972,911 | 2,928,089 | 890,122 | 2,392,920 | 2,605,914 | 1,297,298 | 2,153,105 | 5,558,110 | 912,659 | -1,578,803 | 419,738 | 37,731 | 778,528 |
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -33,540 | 0 | 0 | 0 | 0 | -20,000 | 53,540 |
| 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 | -1,306,000 | 1,306,000 | 0 | 0 | -81,313 | -24,577 | 60,073 | 3,540 | -59,487 | -40,629 | 88,936 | 18,457 | 0 | 35,000 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2,794,818 | 260,379 | 2,534,439 | 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 | -199,000 | -342,503 | -217,503 | -371,374 | 161,265 | -50,237 | 79,299 | 434,114 | 110,919 | 80,256 | -11,264 | -81,877 | 25,325 | 165,077 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | -15,000 | -40,000 | -64,000 | -87,817 | -108,965 | -101,419 | -104,419 | -84,877 | -85,379 | -118,841 | -131,115 | -168,998 | -116,336 | -88,891 |
| cash flow from financing | -1,520,000 | 898,736 | -209,264 | -459,191 | -29,013 | -173,347 | 35,670 | 349,216 | -2,905,104 | 181,165 | 2,447,996 | -232,418 | 458,989 | 489,272 |
| cash and cash equivalents | ||||||||||||||
| cash | -355,000 | -1,445,385 | 934,615 | -299,210 | 258,443 | 593,081 | -724,098 | -220 | 916,967 | 627,210 | 428,212 | 0 | -80,244 | 80,244 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -190,426 | -105,732 | 296,158 | 0 |
| change in cash | -355,000 | -1,445,385 | 934,615 | -299,210 | 258,443 | 593,081 | -724,098 | -220 | 916,967 | 627,210 | 618,638 | 105,732 | -376,402 | 80,244 |
jbt distribution limited Credit Report and Business Information
Jbt Distribution Limited Competitor Analysis
Perform a competitor analysis for jbt distribution limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
jbt distribution limited Ownership
JBT DISTRIBUTION LIMITED group structure
Jbt Distribution Limited has no subsidiary companies.
Ultimate parent company
2 parents
JBT DISTRIBUTION LIMITED
SC146191
jbt distribution limited directors
Jbt Distribution Limited currently has 4 directors. The longest serving directors include Mr Paul McCourt (Jun 2021) and Mr Paul McCourt (Jun 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Paul McCourt | 49 years | Jun 2021 | - | Director | |
| Mr Paul McCourt | Scotland | 49 years | Jun 2021 | - | Director |
| Mr Gregory Michael | Scotland | 56 years | Jun 2021 | - | Director |
| Mr Gregory Michael | 56 years | Jun 2021 | - | Director |
P&L
December 2022turnover
20.4m
+14%
operating profit
776k
+632%
gross margin
19%
+5.73%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
8.4m
+5.45%
total assets
8.5m
+0.14%
cash
0
-1%
net assets
Total assets minus all liabilities
jbt distribution limited company details
company number
SC146191
Type
Private limited with Share Capital
industry
49410 - Freight transport by road
incorporation date
August 1993
age
31
accounts
Full Accounts
ultimate parent company
previous names
jim brackenridge (transport) limited (July 2008)
incorporated
UK
address
rsm restructuring advisory llp, third floor, edinburgh, EH3 8BL
last accounts submitted
December 2022
jbt distribution 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 10 charges/mortgages relating to jbt distribution limited. Currently there are 0 open charges and 10 have been satisfied in the past.
jbt distribution limited Companies House Filings - See Documents
| date | description | view/download |
|---|
