J. Reid Trading Limited

J. Reid Trading Limited, based in Deeside, UK, is a small, active company founded 40 years ago in 1984. With two employees and £4,615,095 in assets, it’s a well-established business operating from a real address. The company is led by three directors and has one owner, Matthew James Reid. It holds a respectable Google rating of 4.0 based on three reviews. J. Reid Trading Limited is considered an irregular importer, having imported goods for just one month back in 2019.

The company’s website, J Reid Engineering, specializes in the design, manufacture, and maintenance of shot blasting equipment. They offer a full range of services, from design and manufacture to maintenance, catering to customers worldwide. Their website highlights portable surface preparation units and offers spare parts, with a focus on high standards and reduced downtime. They even have a section dedicated to sales of used equipment. The company also provides services such as dust extraction and automatic equipment.

Financially, J. Reid Trading Limited shows a mixed picture. While current assets increased by 8.1% to £4,400,000, net assets also rose by 6.2% to £4,300,000. However, bank borrowings increased significantly, by 190% to £29,000, and trade debtors jumped 130% to £120,000. Cash reserves decreased by 30% to £28,000. The company’s small size—meeting two of three criteria for being a small company—allows for agility, but the increase in debt warrants attention. The company’s accounts are unaudited, as is typical for small companies. The decrease in total inventories by 73% is a notable trend. It’s likely that the company is experiencing some challenges, but it remains a long-standing business in its niche market.

Registered in England/Wales under the registration number 01833223, with a registered address at CH5 2QJ, Deeside, Clwyd, Factory Road, Sandycroft.

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