Jakemans (confectioners) Limited

Jakemans Confectioners Ltd, based in Gloucester, UK, is a well-established company with a rich history, having operated for 86 years. This large company, currently employing 64 people, boasts assets of £6.17 million and a yearly revenue of £19.96 million. It operates as a holding company and has eleven directors, with a single owner. The company’s Google rating stands at a respectable 4.0 based on 29 reviews. Notably, Jakemans is an irregular exporter, primarily dealing in pharmaceutical products, with its last export operation occurring two months ago in April 2021.

The company’s website showcases a delightful array of "Marvellous Menthol Confections," emphasizing its traditional confectionery roots. It's a largely retail-focused operation, with a website that’s full of personality and seasonal promotions, from Football season to World Health Day. While the website doesn’s offer direct e-commerce, it does drive traffic to retailers.

Financially, Jakemans appears to be navigating a period of change. Accumulated depreciation has remained steady, but there's been a significant increase in administrative expenses, jumping 46% to £7.6 million. Interestingly, bank borrowings have decreased considerably, falling 40% to £130,000, and cash reserves have plummeted 59% to £1.1 million. While turnover has increased by a significant 34% to £20 million, the decrease in equity—a 43% drop to £3 million—suggests a potential need for investment or a shift in financial strategy. The company’s creditors have also increased by a substantial 110%, reaching £34 million, which could be a cause for concern. The company’s auditor, Hazlewoods LLP, has given a clean audit opinion.

Despite these shifts, Jakemans remains a well-known brand with a loyal customer base, and its long history suggests resilience. The increase in administrative expenses and the decrease in cash reserves, however, warrant close monitoring to ensure the company’s continued financial health.

Registered in England/Wales under the registration number 00346842, with a registered address at GL2 0GR, Gloucester, G.R. Lane Health Product Limit, Sisson Road.

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