joma jewellery ltd

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joma jewellery ltd Company Information

Share JOMA JEWELLERY LTD
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Company Number

07706056

Registered Address

park farm stratford road, drayton, banbury, oxfordshire, OX15 6EG

Industry

Retail sale of watches and jewellery in specialised stores

 

Telephone

01295263430

Next Accounts Due

September 2024

Group Structure

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Directors

Catherine Loxton12 Years

Geoffrey Loxton12 Years

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Shareholders

geoffrey robert loxton 51%

catherine loxton 49%

joma jewellery ltd Estimated Valuation

£8.5m

Pomanda estimates the enterprise value of JOMA JEWELLERY LTD at £8.5m based on a Turnover of £13.4m and 0.63x industry multiple (adjusted for size and gross margin).

joma jewellery ltd Estimated Valuation

£10.2m

Pomanda estimates the enterprise value of JOMA JEWELLERY LTD at £10.2m based on an EBITDA of £1.9m and a 5.31x industry multiple (adjusted for size and gross margin).

joma jewellery ltd Estimated Valuation

£10.5m

Pomanda estimates the enterprise value of JOMA JEWELLERY LTD at £10.5m based on Net Assets of £4.1m and 2.55x industry multiple (adjusted for liquidity).

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Joma Jewellery Ltd Overview

Joma Jewellery Ltd is a live company located in banbury, OX15 6EG with a Companies House number of 07706056. It operates in the retail sale of watches and jewellery in specialised stores sector, SIC Code 47770. Founded in July 2011, it's largest shareholder is geoffrey robert loxton with a 51% stake. Joma Jewellery Ltd is a established, mid sized company, Pomanda has estimated its turnover at £13.4m with healthy growth in recent years.

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Joma Jewellery Ltd Health Check

Pomanda's financial health check has awarded Joma Jewellery Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 1 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

8 Strong

positive_score

3 Regular

positive_score

1 Weak

size

Size

annual sales of £13.4m, make it larger than the average company (£10.1m)

£13.4m - Joma Jewellery Ltd

£10.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 13%, show it is growing at a faster rate (8.4%)

13% - Joma Jewellery Ltd

8.4% - Industry AVG

production

Production

with a gross margin of 53.9%, this company has a lower cost of product (34.8%)

53.9% - Joma Jewellery Ltd

34.8% - Industry AVG

profitability

Profitability

an operating margin of 10.9% make it more profitable than the average company (7.6%)

10.9% - Joma Jewellery Ltd

7.6% - Industry AVG

employees

Employees

with 184 employees, this is above the industry average (25)

184 - Joma Jewellery Ltd

25 - Industry AVG

paystructure

Pay Structure

on an average salary of £41.3k, the company has an equivalent pay structure (£36.3k)

£41.3k - Joma Jewellery Ltd

£36.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £72.9k, this is less efficient (£210.6k)

£72.9k - Joma Jewellery Ltd

£210.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 22 days, this is near the average (19 days)

22 days - Joma Jewellery Ltd

19 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 114 days, this is slower than average (36 days)

114 days - Joma Jewellery Ltd

36 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 66 days, this is less than average (176 days)

66 days - Joma Jewellery Ltd

176 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 26 weeks, this is average cash available to meet short term requirements (23 weeks)

26 weeks - Joma Jewellery Ltd

23 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 44.8%, this is a lower level of debt than the average (61.8%)

44.8% - Joma Jewellery Ltd

61.8% - Industry AVG

joma jewellery ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Joma Jewellery Ltd Competitor Analysis

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Perform a competitor analysis for joma jewellery ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.

joma jewellery ltd Ownership

JOMA JEWELLERY LTD group structure

Joma Jewellery Ltd has no subsidiary companies.

Ultimate parent company

JOMA JEWELLERY LTD

07706056

JOMA JEWELLERY LTD Shareholders

geoffrey robert loxton 51%
catherine loxton 49%

joma jewellery ltd directors

Joma Jewellery Ltd currently has 3 directors. The longest serving directors include Mrs Catherine Loxton (Jul 2011) and Mr Geoffrey Loxton (Jul 2011).

officercountryagestartendrole
Mrs Catherine LoxtonEngland38 years Jul 2011- Director
Mr Geoffrey LoxtonEngland39 years Jul 2011- Director
Mr Timothy LoxtonUnited Kingdom36 years Aug 2016- Director

JOMA JEWELLERY LTD financials

EXPORTms excel logo

Joma Jewellery Ltd's latest turnover from December 2022 is £13.4 million and the company has net assets of £4.1 million. According to their latest financial statements, Joma Jewellery Ltd has 184 employees and maintains cash reserves of £1.7 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012
Turnover13,408,62711,658,1799,497,3629,356,9276,075,6295,127,3065,513,0143,782,0705,557,6774,856,5001,620,876
Other Income Or Grants00000000000
Cost Of Sales6,180,8144,919,9506,094,9505,900,0733,539,6782,889,3623,193,0332,138,6363,173,6442,713,422918,770
Gross Profit7,227,8136,738,2293,402,4123,456,8542,535,9512,237,9442,319,9811,643,4342,384,0332,143,078702,106
Admin Expenses5,769,8985,281,0212,457,0755,219,3751,400,5541,366,6501,514,303957,1132,048,1471,846,790639,474
Operating Profit1,457,9151,457,208945,337-1,762,5211,135,397871,294805,678686,321335,886296,28862,632
Interest Payable0193000000000
Interest Receivable008638,0188,0581,723329568614450177
Pre-Tax Profit1,457,9151,457,015946,200-1,754,5041,143,456873,017806,008686,889336,500296,73862,809
Tax-262,586-302,285-179,7780-217,257-165,873-161,201-137,378-70,665-68,250-15,074
Profit After Tax1,195,3291,154,730766,422-1,754,504926,199707,144644,806549,511265,835228,48847,735
Dividends Paid370,000250,000000000000
Retained Profit825,329904,730766,422-1,754,504926,199707,144644,806549,511265,835228,48847,735
Employee Costs7,590,0136,766,3993,580,2212,754,1342,120,6131,471,755976,551543,169750,318695,226288,625
Number Of Employees18417213310984654322302710
EBITDA*1,920,1621,779,9481,185,384-1,609,1781,219,138923,762875,988706,699351,517297,03865,526

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012
Tangible Assets293,497280,758311,037271,139142,107155,969160,40956,14244,31122,5048,680
Intangible Assets669,181412,754372,349203,490164,78045,55321,73113,3606,9976,7500
Investments & Other00000000000
Debtors (Due After 1 year)00000000000
Total Fixed Assets962,678693,512683,386474,629306,887201,522182,14069,50251,30829,2548,680
Stock & work in progress1,118,377915,176933,931927,712797,176862,104662,407421,636381,141195,27070,599
Trade Debtors822,275810,658859,9011,056,458762,787532,750472,157463,734394,081367,048121,368
Group Debtors00000000000
Misc Debtors2,885,9451,997,3761,353,246383,5901,579,4821,622,0531,206,169669,725000
Cash1,664,1891,492,0911,219,693506,2261,631,774517,055172,34091,114136,175109,33770,705
misc current assets00000000000
total current assets6,490,7865,215,3014,366,7712,873,9864,771,2193,533,9622,513,0731,646,209911,397671,655262,672
total assets7,453,4645,908,8135,050,1573,348,6155,078,1063,735,4842,695,2131,715,711962,705700,909271,352
Bank overdraft00000000000
Bank loan00000000000
Trade Creditors 1,937,780772,468974,428487,194503,701288,345589,27583,209420,547424,586223,517
Group/Directors Accounts00000000000
other short term finances00000000000
hp & lease commitments00000000000
other current liabilities1,338,5981,779,6891,646,8431,209,8531,186,989984,632350,107540,833000
total current liabilities3,276,3782,552,1572,621,2711,697,0471,690,6901,272,977939,382624,042420,547424,586223,517
loans00000000000
hp & lease commitments00000000000
Accruals and Deferred Income00000000000
other liabilities00000000000
provisions65,29170,19047,15036,25417,59818,88819,3560000
total long term liabilities65,29170,19047,15036,25417,59818,88819,3560000
total liabilities3,341,6692,622,3472,668,4211,733,3011,708,2881,291,865958,738624,042420,547424,586223,517
net assets4,111,7953,286,4662,381,7361,615,3143,369,8182,443,6191,736,4751,091,669542,158276,32347,835
total shareholders funds4,111,7953,286,4662,381,7361,615,3143,369,8182,443,6191,736,4751,091,669542,158276,32347,835
Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012
Operating Activities
Operating Profit1,457,9151,457,208945,337-1,762,5211,135,397871,294805,678686,321335,886296,28862,632
Depreciation136,658111,87690,47473,12450,40944,18867,53218,71414,7707502,894
Amortisation325,589210,864149,57380,21933,3328,2802,7781,66486100
Tax-262,586-302,285-179,7780-217,257-165,873-161,201-137,378-70,665-68,250-15,074
Stock203,201-18,7556,219130,536-64,928199,697240,77140,495185,871124,67170,599
Debtors900,186594,887773,099-902,221187,466476,477544,867739,37827,033245,680121,368
Creditors1,165,312-201,960487,234-16,507215,356-300,930506,066-337,338-4,039201,069223,517
Accruals and Deferred Income-441,091132,846436,99022,864202,357634,525-190,726540,833000
Deferred Taxes & Provisions-4,89923,04010,89618,656-1,290-46819,3560000
Cash flow from operations1,273,511855,4571,161,408-812,4801,295,766414,842263,845-7,05763,90959,50682,002
Investing Activities
capital expenditure00-448,804-321,085-189,106-71,850-182,948-38,572-37,685-21,324-11,574
Change in Investments00000000000
cash flow from investments00-448,804-321,085-189,106-71,850-182,948-38,572-37,685-21,324-11,574
Financing Activities
Bank loans00000000000
Group/Directors Accounts00000000000
Other Short Term Loans 00000000000
Long term loans00000000000
Hire Purchase and Lease Commitments00000000000
other long term liabilities00000000000
share issue0000000000100
interest0-1938638,0188,0581,723329568614450177
cash flow from financing0-1938638,0188,0581,723329568614450277
cash and cash equivalents
cash172,098272,398713,467-1,125,5481,114,719344,71581,226-45,06126,83838,63270,705
overdraft00000000000
change in cash172,098272,398713,467-1,125,5481,114,719344,71581,226-45,06126,83838,63270,705

P&L

December 2022

turnover

13.4m

+15%

operating profit

1.5m

0%

gross margin

54%

-6.74%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2022

net assets

4.1m

+0.25%

total assets

7.5m

+0.26%

cash

1.7m

+0.12%

net assets

Total assets minus all liabilities

joma jewellery ltd company details

company number

07706056

Type

Private limited with Share Capital

industry

47770 - Retail sale of watches and jewellery in specialised stores

incorporation date

July 2011

age

13

accounts

Full Accounts

ultimate parent company

None

previous names

N/A

incorporated

UK

address

park farm stratford road, drayton, banbury, oxfordshire, OX15 6EG

last accounts submitted

December 2022

joma jewellery 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 found 1 charges/mortgages relating to joma jewellery ltd. Currently there are 1 open charges and 0 have been satisfied in the past.

charges

joma jewellery ltd Companies House Filings - See Documents

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