E.jordon(refrigeration)limited

E. Jordon Refrigeration Ltd, based in Leicester, UK, is a well-established holding company with a 59-year history. Employing 122 people and boasting assets of £19,693,582, the company operates from a virtual address shared by 23 other businesses—a little unusual. With three directors and one owner, the company holds a respectable Google rating of 4.0 based on 23 reviews. They regularly import machinery, boilers, and mechanical appliances, and export miscellaneous metal items.

The company's website paints a picture of a business deeply involved in shopfitting, refrigeration, and air conditioning services. Founded in 1965, the Jordon Group (as it's now known) has evolved from a small refrigeration business into a national provider, serving a wide range of clients from butchers to garden centres. They offer everything from integral remote vaccine refrigeration to energy-saving retrofit solutions, showcasing a commitment to innovation and customer needs. The website highlights a focus on quality, experienced teams, and in-house operations, suggesting a vertically integrated business model.

Financially, E. Jordon Refrigeration Ltd presents a mixed picture. While cash bank on hand increased dramatically by 390% to £8.3 million—a positive sign—other areas show strain. Current assets, however, only grew by 63% to £20 million. Bank borrowings have disappeared entirely, a significant change, but administrative expenses increased by 20% to £3.9 million. Creditors surged by 65% to £13 million, indicating a reliance on short-term financing. The company’s net loss deepened to £3.5 million, a considerable setback. The lack of an auditor’s name mentioned suggests the financial statements are unaudited, relying on internal reporting.

The company's strong Google rating and established reputation suggest a loyal customer base, but the financial data indicates a need for careful management. The disappearance of bank borrowings is a positive, but the increased reliance on creditors and the deepening net loss warrant close attention.

Registered in England/Wales under the registration number 00876775, with a registered address at LE1 6LP, England, Leicester, Peat House, 1 Waterloo Way.

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