J And G Squires Contractors Limited

J And G Squires Contractors Limited, based in Blackburn, UK, is a small, active company established eight years ago. Employing just two people, it holds £24,368 in assets and operates from a real address. With two directors and two owners – Squires George Henry and Squires Jack Antony – it’s a family-run business. The company is an irregular importer, primarily bringing in machinery, boilers, and mechanical appliances, with the last import operation occurring in March 2024.

The company’s website is currently unavailable, making it difficult to determine if they operate an e-commerce platform. However, the company is involved in the manufacture of other fabricated metal products, agricultural and forestry machinery, and the construction of commercial buildings.

Financially, J And G Squires Contractors Limited presents a mixed picture. Current assets have decreased by 19%, falling to £24,000. Bank borrowings have also decreased, dropping 36% to £10,000. However, cash reserves have plummeted 55%, leaving just £2,800. Creditors have decreased significantly, falling 41% to £17,000, which is a positive sign. Equity, however, has seen a dramatic increase, rising 1500% to £44,000. The company meets the criteria for being a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, it is exempt from an audit.

Overall, J And G Squires Contractors Limited appears to be navigating a period of change. While asset values have declined, the significant increase in equity suggests a potential injection of capital or a revaluation of assets. The decrease in creditors indicates improved debt management, but the low cash reserves could present a challenge in the future.

Registered in England/Wales under the registration number 10362989, with a registered address at BB2 5JR, England, Blackburn, Higher Whitehalgh Farm Stockclough Lane, Feniscowles.

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