J & J Commerce Limited

J & J Commerce Limited, based in London, UK, is a small, active company established thirteen years ago in 2011. With ten employees and £117,764 in assets, it operates from a virtual address – sixteen companies registered at the same location, which is a bit unusual. The company is led by one director and one owner, though the owner list changed four years ago.

The business specializes in importing and exporting leather goods, travel bags, and animal harnesses. It’s been importing these items for nine months and exporting for a substantial 133 months, with the most recent export activity occurring in December 2023. It seems to operate in the retail sale via mail order houses or via internet industries.

Financially, J & J Commerce Limited has seen some concerning trends. Current assets have fallen significantly by 74%, dropping to £120,000, while net assets have also decreased by 73%, settling at £100,000. Bank borrowings have remained steady, and cash reserves have increased by 36% to £9,400. Creditors have also decreased by 15%, suggesting some improvement in debt management. The company's small size—meeting two of three conditions for a small company—helps it stay nimble, but the decline in equity is a point of concern. The company’s average number of employees has also decreased from ten to six, which is a noticeable change. The company is not audited, which is typical for small companies.

Overall, J & J Commerce Limited appears to be facing some financial headwinds, though it’s maintaining its core import/export activities. It’s a small business navigating a competitive market, and its future success will likely depend on its ability to stabilize its equity and manage its expenses.

Registered in England/Wales under the registration number 07626170, with a registered address at SW20 8BA, London, 13 Approach Road.

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