Jakana Trading Co Limited

Jakana Trading Co Ltd from Aylesbury, UK, is a small, active company established 23 years ago. With five employees and £458,446 in assets, it’s a solo-founded operation managed by a single director and owner. The company operates an e-commerce site and currently holds a 3.0 Google rating based on 25 reviews. It’s a real address, which is good.

Jakana Trading Co Ltd specializes in the retail sale via mail order houses or via internet, specifically offering a wide range of cast iron chimineas. The website, Chiminea, showcases a vast selection of these products, from the Phoenix model to the King of cast iron chimineas – the 53 Basket weave. The site emphasizes quality, offering genuine, heavy-weight chimineas with a premium-quality heat-resistant paint, and even offering replacement parts. They’re shipping to France, Belgium, Germany, Denmark, Spain and Italy. The sales team is available Mon-Fri 9:30-5:30, and free delivery is offered on all chimineas.

Financially, Jakana Trading Co Ltd shows some concerning trends. Current assets have fallen by 22% to £460,000, and net assets have plummeted 15% to £760,000. Cash reserves have taken a significant hit, dropping 57% to £86,000. Bank borrowings, however, have decreased by 33%, which is a positive sign. Creditors have increased by 46%, which might be related to the increase in bank borrowings. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the decline in equity and cash reserves suggests it's burning through money. There’s no auditor mentioned, so the figures are unaudited.

Overall, Jakana Trading Co Ltd appears to be a niche retailer facing financial pressures. The company’s focus on cast iron chimineas and its commitment to quality are strengths, but the declining financials raise questions about its long-term sustainability.

Registered in England/Wales under the registration number 04348732, with a registered address at HP19 9QQ, Aylesbury, Buckinghamshire, The Warehouse, Buckingham Road.

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