Albrecht Jung Uk Limited

  • Small
  • Active
  • 6 years
  • 6 employees
  • £289,182 (assets)
  • Real address
  • 2 directors
  • No owners
  • Regular importer
  • Regular exporter

Field of Operation

Wholesale of electronic and telecommunications equipment and parts
46520 7740 companies

Website

jung.de

Social media

Phones

Summary

Albrecht Jung Uk Ltd from Barnet, UK, is a small, active company founded six years ago in 2018. It employs six people and holds £559,460 in assets. With a real address and two directors, the company operates without any officially reported owners. It's a regular importer and exporter of electrical machinery and equipment, with 206 months of import activity and 8 months of export activity, the most recent being February 2025 and August 2024, respectively.

The company's website, junguk.co.uk, showcases a wide range of switches, systems, and smart home technologies. It's clear that Albrecht Jung Uk Ltd acts as a distributor for JUNG, a German manufacturer specializing in high-end electrical installations. The site doesn’s offer direct e-commerce; instead, it directs visitors to find local representatives and partners. It’s a catalogue-driven site, focusing on product information and technical specifications rather than online sales. The website highlights solutions for lighting, shading, temperature control, and energy efficiency, catering to architects, planners, and building professionals. There's also a strong emphasis on design and innovation, with sections dedicated to new items, design ranges, and smart technologies.

Financially, Albrecht Jung Uk Ltd presents a mixed picture. Current assets have decreased significantly, dropping 48% to £290,000. Net assets have also declined, falling 33% to -£850,000. Bank borrowings have remained relatively stable, but cash reserves have plummeted 52% to £120,000. Trade debtors have also decreased, suggesting improved collection rates. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decline in equity raises concerns about its long-term financial health. The accounts are unaudited, which is common for small companies, and no auditor is mentioned. Payments to related parties have decreased by 30%, which could be a positive sign.

The company’s reliance on JUNG for its product line could make it vulnerable to changes in demand or pricing from the German manufacturer. While the website demonstrates a focus on high-quality products and technical expertise, the financial data suggests that the company is facing challenges in generating consistent profits. It’s possible that the company is investing in marketing and sales efforts to expand its customer base, which could explain the decline in cash reserves.

Registered in England/Wales under the registration number 11718224, with a registered address at EN5 2LY, England, Barnet, 269 Mays Lane.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.

Managers

  • 6 years
  • 2
Secretary
  • 6 years
Company director

Last reports

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Last news

  1. Accounts for a small company made up to 2024-12-31
  2. Confirmation statement made on 2024-12-06 with no updates
  3. Accounts for a small company made up to 2023-12-31
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Importer profile by HS codes

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Last imported products

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Exporter profile by HS codes

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Last exported products

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