Deans Jap Imports Ltd

Deans Jap Imports Ltd, based in Ilkeston, UK, is a small, active company founded five years ago. With a single employee and £82,414 in assets, it’s a lean operation managed by one director and owner. Boasting a stellar 5.0 Google rating from 59 reviews, the company regularly imports vehicles, parts, and accessories (excluding trains and trams), with recent activity recorded four months ago.

The company operates in the sale of new cars and light motor vehicles industries. Its website, though currently unavailable, suggests a focus on Japanese vehicle imports and parts. The business appears to be a straightforward import-and-sale operation, catering to a niche market.

Financially, Deans Jap Imports Ltd presents a mixed picture. While current assets increased by a respectable 51% to £82,000, equity has dramatically decreased by 83% to just £5,100. Bank borrowings have also fallen by 24%, and cash reserves have declined by 75% to a meager £3,600. Creditors have seen a significant rise, increasing by 78%, which could indicate increased reliance on short-term financing. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the sharp equity decline warrants attention. The unaudited figures, prepared using VT Final Accounts software, rely on director-reported data and do not mention an auditor.

The decline in equity, coupled with the decrease in cash reserves, suggests the company may be burning through money, perhaps due to increased inventory or operating expenses. It's possible that the recent import activity has tied up cash, or that sales haven's kept pace with costs. The significant rise in creditors could be a sign of increased pressure to pay suppliers.

Registered in England/Wales under the registration number 12253364, with a registered address at DE7 5FB, England, Ilkeston, Derbyshire, 200 Derby Road.

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