J Mitchinson Limited

J Mitchinson Ltd, based in Bishop Auckland, UK, is a small, active company founded 14 years ago. With 25 employees and £503,333 in assets, it’s a well-established local business. Four directors and one owner manage the operations, and it boasts a respectable 4.0 Google rating from 47 reviews. The company is an irregular importer, mainly dealing in toys, games, and sports equipment, with its last import operation recorded over a year ago in November 2022.

Alongside its import activities, J Mitchinson Ltd operates in the manufacture of fabricated metal products and provides road freight transport services. Its website highlights a focus on national and international road haulage and commercial storage solutions. The company caters to businesses needing reliable transport, offering a range of vehicles from small vans to articulated vehicles, and even specialist services for large or heavy goods. Customer testimonials praise the company's friendly service and willingness to accommodate last-minute jobs.

Financially, J Mitchinson Ltd’s report reveals some interesting trends. While cash reserves increased by a healthy 40% to £270,000, net assets declined slightly to £920,000. Bank borrowings decreased by 10% to £500,000, which is good, but trade debtors increased significantly by 65%, suggesting potential issues with customer payments. Depreciation on plant machinery increased by 6%, which might indicate investment in equipment, but also increased expenses. The company meets the criteria for a small business—with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees—and, as such, isn't subject to an audit. The lack of an auditor means these figures are unaudited.

Overall, J Mitchinson Ltd appears to be a stable, if slightly challenged, local business. Its dual focus on fabrication and haulage, along with its storage services, provides a diversified revenue stream, but the increase in outstanding debts is something to keep an eye on.

Registered in England/Wales under the registration number 07497420, with a registered address at DL14 9QL, England, Bishop Auckland, Durham, J Mitchinson Randolph Industrial Estate, Evenwood.

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