Jerroms Mortgage & Finance Ltd
Registered name: JERROMS MORTGAGE & FINANCE LTD
Part of Tosca Penta Accountants Limited Partnership groupJerroms Mortgage & Finance Ltd made £368k profit in the year to 30 Jun 2023 (revenue not disclosed).
Jerroms Mortgage & Finance Ltd reported £368k profit in the year to 30 Jun 2023, up 28% on the year before; its revenue was not disclosed. It had 6 employees. The company is classified under “financial intermediation not elsewhere classified” and is based in Solihull; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Solihull, West Midlands
- Age
- 8 yrs · since 2018
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.
Key figures
This company published its profit but not its turnover, so revenue and margins are not disclosed. We never estimate them.
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Jun 2022 | 30 Jun 2023 |
|---|---|---|
| Disclosure | Profit only | Profit only |
| Profit & loss | ||
| Revenue (turnover) | — | — |
| Profit after tax | £288k | £368k |
| Profit (best available) | £288k | £368k |
| Employees (average) | 5 | 6 |
| Ratios | ||
| Profit margin | — | — |
| Profit per employee | £57.6k | £61.3k |
| Growth (year on year) | ||
| Profit growth | — | ▲27.8% |
| Headcount growth | — | ▲20% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £156k | £110k |
| Net assets | £86.5k | £258k |
| Fixed assets | £4.4k | £377k |
| Current assets | £204k | £277k |
| Debtors | £36.2k | £79.7k |
| Deferred income | £13.1k | £15.2k |
| Source | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Mar 2024 |
How the business works
- Profit margin
- —
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- £61.3k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▲199%
- Now £258k
- Cash at bank
- ▼29%
- Now £110k
- Headcount
- ▲20%
- Now 6
- Deferred income
- ▲16%
- Now £15.2k
- Fixed assets
- ▲8551%
- Now £377k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Tosca Penta Accountants Limited Partnershipultimate parent75–100%
- Sumer Group Holdings Limited75–100%
- Sumer Group Midco Limited75–100%
- Sumer Group Midco 2 Limited75–100%
- Sumer Group Bidco Limited50–75%
- Jerroms Business Solutions Holdings Limited50–75%
- Jerroms Mortgage & Finance Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (4)
- Jerroms Business Solutions LimitedFigures not disclosed
- Jerroms Financial Planning LtdFigures not disclosed
- Jerroms Holdings LimitedFigures not disclosed
- Jerroms Solutions LimitedFigures not disclosed
Minority corporate shareholders
- Jerroms Solutions Limited 25–50%
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 30 Jun 2023 (profit £368k), from the Companies House accounts bulk data published Mar 2024. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.