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Jonas Collections And Recovery Limited

13381712

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

GLADSTONE HOUSE, WALLINGFORD, OX10 9BT
Incorporated 07/05/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Jeffrey Raymond Mackinnon

secretary · Since 07/05/2021

Mr Jeffrey Raymond Mackinnon

director · Since 07/05/2021

COMPANY DIRECTOR

CANADIAN · CANADA · Age 56

Also on 18 other boards

Matt Otchet

director · Since 07/05/2021

COMPANY DIRECTOR

AMERICAN · UNITED STATES · Age 53

Mr Barry Alan Symons

director · Since 07/05/2021

CHIEF EXECUTIVE

CANADIAN · CANADA · Age 55

Also on 2 other boards

Mr Richard Clancy

director · Since 18/07/2025

PORTFOLIO MANAGER

BRITISH · ENGLAND · Age 52

Also on 67 other boards

Persons with Significant Control

Jonas Collections & Recovery Inc

75–100% shares

125, E Country Line Rd, Pa, 18974

Reg: 00000000 · United States · Corporation

Notified 08/05/2021

CompanyRankvs 8312+ SIC 62012 peers
66

Financial strength98th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.74× · 16/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity5/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/12/2024

Turnover

£8.9M

Annual revenue

Net Worth

£1.6M

Balance sheet strength

Cash

£289k

Cash in the bank

Profit Before Tax

£1.1M

Bottom line earnings

Net Current Assets

£1.5M

Working capital

Current Assets

£3.5M

Current Liabilities

£2.0M

Fixed Assets

£132k

Debtors

£3.3M

Gross Profit

£8.9M

Admin Expenses

£7.8M

Operating Profit

£1.1M

Profit After Tax

£841k

48avg. employees

Tax at Year End

Corp tax£218k

People Costs

Wages & salaries£6.3M
NI contributions£779k

Balance Sheet

Assets less current liabilities£1.6M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20241.74+£841k
20231.41-£206k
20221.63+£773k
20211.16

Derived from filed accounts. Not audited figures.