J Borthwick Commercial Ltd

J Borthwick Commercial Ltd, based in Edinburgh, UK, is a small, active company founded four years ago. Employing 19 people, it holds £763,020 in assets and operates from a virtual address, a detail that's a little unusual as 66 other companies are registered at the same location. It's a solo founder operation, managed by one director and owner, and enjoys a stellar 5.0 Google rating from 32 reviews. The company regularly imports electrical machinery and equipment, with recent activity recorded three months ago.

The company's website, J Borthwick Haulage Ltd, reveals a focus on transportation and storage solutions. It's a haulage company covering the UK and beyond, offering a fleet of modern tractor units, trailers, and rigids. They also provide storage services, including indoor space and container hire, catering to diverse needs. The site highlights a "Can Do" approach and emphasizes convenient location in the Scottish Borders.

Financially, J Borthwick Commercial Ltd shows a mixed picture. While current assets increased by a modest 3.9% to £760,000, net assets jumped a substantial 75% to £750,000. Bank borrowings however, have increased significantly, rising by 2,400% to £29,000. Cash reserves have decreased by 17% to £170,000. Creditors have also fallen, decreasing by 24% to £360,000, suggesting improved debt management. The company meets the criteria to be considered small, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, it's exempt from an audit, so the figures are unaudited.

The sharp increase in bank borrowings, despite the rise in net assets, suggests the company is investing in its operations—perhaps expanding its fleet or storage facilities. The lack of an auditor means the numbers are reliant on internal reporting, but the company's strong Google rating and active import activity point to a business that's likely to be financially healthy, despite the recent increase in debt.

Registered in Scotland under the registration number SC695633, with a registered address at EH2 4HQ, Scotland, Edinburgh, 41 Charlotte Square.

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