just rigging & inspections scotland ltd
just rigging & inspections scotland ltd Company Information
Company Number
SC471179
Next Accounts
23 days late
Industry
Installation of industrial machinery and equipment
Repair of other equipment
Shareholders
stage electrics group limited
Group Structure
View All
Contact
Registered Address
unit 105 25 clydesmill road, clydesmill industrial estate, glasgow, G32 8RE
Website
www.justrigging.co.ukjust rigging & inspections scotland ltd Estimated Valuation
Pomanda estimates the enterprise value of JUST RIGGING & INSPECTIONS SCOTLAND LTD at £330.7k based on a Turnover of £569.9k and 0.58x industry multiple (adjusted for size and gross margin).
just rigging & inspections scotland ltd Estimated Valuation
Pomanda estimates the enterprise value of JUST RIGGING & INSPECTIONS SCOTLAND LTD at £202.1k based on an EBITDA of £36.7k and a 5.5x industry multiple (adjusted for size and gross margin).
just rigging & inspections scotland ltd Estimated Valuation
Pomanda estimates the enterprise value of JUST RIGGING & INSPECTIONS SCOTLAND LTD at £1.2m based on Net Assets of £375.1k and 3.16x industry multiple (adjusted for liquidity).
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Just Rigging & Inspections Scotland Ltd Overview
Just Rigging & Inspections Scotland Ltd is a live company located in glasgow, G32 8RE with a Companies House number of SC471179. It operates in the repair of other equipment sector, SIC Code 33190. Founded in February 2014, it's largest shareholder is stage electrics group limited with a 100% stake. Just Rigging & Inspections Scotland Ltd is a established, small sized company, Pomanda has estimated its turnover at £569.9k with declining growth in recent years.
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Just Rigging & Inspections Scotland Ltd Health Check
Pomanda's financial health check has awarded Just Rigging & Inspections Scotland Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
6 Weak
Size
annual sales of £569.9k, make it smaller than the average company (£5.8m)
- Just Rigging & Inspections Scotland Ltd
£5.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (2.5%)
- Just Rigging & Inspections Scotland Ltd
2.5% - Industry AVG
Production
with a gross margin of 33%, this company has a comparable cost of product (33%)
- Just Rigging & Inspections Scotland Ltd
33% - Industry AVG
Profitability
an operating margin of 4.4% make it less profitable than the average company (6.1%)
- Just Rigging & Inspections Scotland Ltd
6.1% - Industry AVG
Employees
with 9 employees, this is below the industry average (23)
9 - Just Rigging & Inspections Scotland Ltd
23 - Industry AVG
Pay Structure
on an average salary of £46.4k, the company has an equivalent pay structure (£46.4k)
- Just Rigging & Inspections Scotland Ltd
£46.4k - Industry AVG
Efficiency
resulting in sales per employee of £63.3k, this is less efficient (£166.4k)
- Just Rigging & Inspections Scotland Ltd
£166.4k - Industry AVG
Debtor Days
it gets paid by customers after 25 days, this is earlier than average (62 days)
- Just Rigging & Inspections Scotland Ltd
62 days - Industry AVG
Creditor Days
its suppliers are paid after 1 days, this is quicker than average (37 days)
- Just Rigging & Inspections Scotland Ltd
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Just Rigging & Inspections Scotland Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 222 weeks, this is more cash available to meet short term requirements (17 weeks)
222 weeks - Just Rigging & Inspections Scotland Ltd
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 19%, this is a lower level of debt than the average (59.3%)
19% - Just Rigging & Inspections Scotland Ltd
59.3% - Industry AVG
JUST RIGGING & INSPECTIONS SCOTLAND LTD financials
Just Rigging & Inspections Scotland Ltd's latest turnover from February 2023 is estimated at £569.9 thousand and the company has net assets of £375.1 thousand. According to their latest financial statements, Just Rigging & Inspections Scotland Ltd has 9 employees and maintains cash reserves of £376.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| 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 | 9 | 8 | 8 | 9 | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 46,929 | 30,298 | 28,278 | 35,347 | 40,137 | 35,874 | 31,641 | 18,591 | 5,479 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 46,929 | 30,298 | 28,278 | 35,347 | 40,137 | 35,874 | 31,641 | 18,591 | 5,479 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 39,784 | 56,569 | 45,573 | 63,193 | 65,520 | 235,080 | 130,148 | 42,257 | 51,477 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 376,547 | 368,922 | 241,344 | 212,032 | 162,905 | 0 | 0 | 15,991 | 6,725 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 416,331 | 425,491 | 286,917 | 275,225 | 228,425 | 235,080 | 130,148 | 58,248 | 58,202 |
| total assets | 463,260 | 455,789 | 315,195 | 310,572 | 268,562 | 270,954 | 161,789 | 76,839 | 63,681 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,335 | 1,847 | 10,779 | 886 | 2,381 | 62,819 | 83,559 | 45,938 | 52,600 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 86,780 | 111,117 | 43,126 | 77,587 | 61,354 | 0 | 0 | 0 | 0 |
| total current liabilities | 88,115 | 112,964 | 53,905 | 78,473 | 63,735 | 62,819 | 83,559 | 45,938 | 52,600 |
| loans | 0 | 0 | 0 | 0 | 2,974 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 800 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 6,586 | 10,197 | 13,809 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 2,974 | 7,386 | 10,197 | 13,809 | 0 |
| total liabilities | 88,115 | 112,964 | 53,905 | 78,473 | 66,709 | 70,205 | 93,756 | 59,747 | 52,600 |
| net assets | 375,145 | 342,825 | 261,290 | 232,099 | 201,853 | 200,749 | 68,033 | 17,092 | 11,081 |
| total shareholders funds | 375,145 | 342,825 | 261,290 | 232,099 | 201,853 | 200,749 | 68,033 | 17,092 | 11,081 |
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 11,732 | 7,575 | 7,069 | 8,838 | 0 | 1,336 | 392 | ||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Tax | |||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -16,785 | 10,996 | -17,620 | -2,327 | -169,560 | 104,932 | 87,891 | -9,220 | 51,477 |
| Creditors | -512 | -8,932 | 9,893 | -1,495 | -60,438 | -20,740 | 37,621 | -6,662 | 52,600 |
| Accruals and Deferred Income | -24,337 | 67,991 | -34,461 | 16,233 | 60,554 | 800 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 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 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | -2,974 | 2,974 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | -6,586 | -3,611 | -3,612 | 13,809 | 0 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 7,625 | 127,578 | 29,312 | 49,127 | 162,905 | 0 | -15,991 | 9,266 | 6,725 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 7,625 | 127,578 | 29,312 | 49,127 | 162,905 | 0 | -15,991 | 9,266 | 6,725 |
just rigging & inspections scotland ltd Credit Report and Business Information
Just Rigging & Inspections Scotland Ltd Competitor Analysis
Perform a competitor analysis for just rigging & inspections scotland ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in G32 area or any other competitors across 12 key performance metrics.
just rigging & inspections scotland ltd Ownership
JUST RIGGING & INSPECTIONS SCOTLAND LTD group structure
Just Rigging & Inspections Scotland Ltd has no subsidiary companies.
Ultimate parent company
1 parent
JUST RIGGING & INSPECTIONS SCOTLAND LTD
SC471179
just rigging & inspections scotland ltd directors
Just Rigging & Inspections Scotland Ltd currently has 2 directors. The longest serving directors include Mr Andrew Preece (Feb 2024) and Mr David Coull (Feb 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Andrew Preece | United Kingdom | 56 years | Feb 2024 | - | Director |
| Mr David Coull | England | 42 years | Feb 2024 | - | Director |
P&L
February 2023turnover
569.9k
+12%
operating profit
25k
0%
gross margin
33%
+1.27%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2023net assets
375.1k
+0.09%
total assets
463.3k
+0.02%
cash
376.5k
+0.02%
net assets
Total assets minus all liabilities
just rigging & inspections scotland ltd company details
company number
SC471179
Type
Private limited with Share Capital
industry
33200 - Installation of industrial machinery and equipment
33190 - Repair of other equipment
incorporation date
February 2014
age
10
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
February 2023
previous names
N/A
accountant
CLYDE BUSINESS SERVICES
auditor
-
address
unit 105 25 clydesmill road, clydesmill industrial estate, glasgow, G32 8RE
Bank
-
Legal Advisor
-
just rigging & inspections scotland 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 just rigging & inspections scotland ltd.
just rigging & inspections scotland 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.
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just rigging & inspections scotland ltd Companies House Filings - See Documents
| date | description | view/download |
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