J & J Designs (staffordshire) Ltd

J & J Designs Staffordshire Ltd, based in Newcastle, UK, is a small, family-run business with an active status. Founded sixteen years ago in 2008, the company employs six people and holds £192,380 in assets. It operates from a real address and is managed by three directors and two owners. The company regularly imports clothing and accessories (excluding knitted or crocheted items), with the most recent import activity occurring six months ago.

The company's website is currently unavailable, making it difficult to determine the extent of its online presence. However, its core business appears to involve retail sales of clothing in specialised stores. It’s likely the company operates a brick-and-mortar store, or possibly a small-scale mail-order operation.

Financially, J & J Designs Staffordshire Ltd shows a mixed picture. While cash reserves increased by 51% to £84,000, current assets declined by 10% to £190,000. Trade debtors have significantly risen by 250%, reaching £20,000, which could indicate a need for improved credit control. Creditors have decreased by 38%, which is a positive sign, and the company’s net assets are steady at £77,000. The company’s small size—meeting two of three conditions for being classified as small (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees)—helps it remain flexible. The lack of an auditor mentioned suggests it’s exempt due to its size.

The company’s increased bank borrowings by 39% to £17,000, and a decrease in depreciation charge for plant machinery, may indicate investment in equipment. The company’s focus on importing clothing and accessories, combined with its family-run nature, suggests a business built on personal relationships and a keen eye for trends. While the financial data doesn’t reveal any immediate red flags, the increased debt warrants monitoring.

Registered in England/Wales under the registration number 06665767, with a registered address at ST5 7JB, England, Newcastle, Staffordshire, Lymore Villa, 162a London Road London Road, Chesterton.

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