Jack House Limited

Jack House Limited is a small, active company based in Margate, UK, founded four years ago in 2021. With just £65,208 in assets and four employees, it’s a family business run by two directors and two owners. The company operates from a real address and has a real address, with only one other company registered at the same location. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50.

The company’s primary activity involves the manufacture of jewellery and related articles, the manufacture of imitation jewellery and related articles, the wholesale of watches and jewellery, and the retail sale via mail order houses or via internet industries. It’s an irregular exporter, with its top export categories including Jewelry, precious stones, and metals, totaling 1 of months exports. The last export operation took place on May 01, 2024.

Financially, Jack House Limited’s numbers present a mixed picture. Cash bank on hand increased dramatically by 470%, reaching £60,000, which is good news. However, bank borrowings have swung to a negative value, now at -£24,000—a significant change. Creditors increased by 59%, reaching £86,000, and trade debtors decreased by 65%, suggesting potential issues with customer payments. Accumulated depreciation for computer equipment increased by 76%, and for plant machinery by 600%, which could be a sign of investment. The company’s net assets decreased by 12%, settling at £14,000.

The company has not mentioned an auditor, likely due to its small size and exemption from an audit. The unaudited figures suggest a company that’s managing its cash flow well, but facing increased debt and potentially struggling to collect payments from customers. It’s a small business, and these fluctuations are not unusual, but the company will need to keep a close eye on its financial health to ensure its long-term sustainability.

Registered in England/Wales under the registration number 13199455, with a registered address at CT9 1QW, England, Margate, Kent, 35 Dane Hill Row.

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