Jalite Public Limited Company

Jalite Plc from Basildon UK: a large company with an active status, founded 41 years ago, employs 21 people, holds £409,281 in assets, and generates £785,779 in yearly revenue, has a real address, and is managed by three directors and one owner. It boasts a 5.0 Google rating based on two reviews. The company regularly imports and exports plastics and plastic products, with 10 months of import activity and 72 months of export activity.

Jalite is a British family-owned company specializing in engineered life safety solutions, particularly photoluminescent systems for emergency lighting and escape path marking. Their website highlights a range of products, including fire safety signs, marine safety signs, and a catalogue for various applications. Jalite prides itself on being a distributor and offers support to its authorized distributors, including marketing resources, technical support, and literature. They emphasize their commitment to quality, performance, and compliance with industry standards.

The company’s website also features a blog with articles on fire safety, including Fire Door Safety Week. These articles provide guidance on specifying, supplying, installing, operating, inspecting, and maintaining fire doors, and highlight the importance of fire safety notices. Jalite advocates for best practices and offers a range of photoluminescent fire safety instruction notices designed to conform to standards.

Financially, Jalite shows some concerning trends. Accrued liabilities have increased significantly, jumping 860% to £110,000, while accumulated depreciation for plant machinery has remained steady at £89,000. Administrative expenses have risen by 15% to £520,000, and amortization expense has decreased by 35% to £1,800. Bank borrowings have also decreased, with non-financial instruments between two and five years falling by 57%. However, cash and cash equivalents have increased by a substantial 440% to £46,000. The company’s revenue has decreased by 24% to £790,000, and net losses have deepened to -£460,000. The company's turnover has decreased, and it seems like the company is burning through cash. The company’s small size (meeting two of three criteria for turnover under £36 million, balance sheet total under £18 million, and average number of employees under 250) helps it stay agile, but the sharp equity drop raises questions. There is no auditor mentioned, likely exempt as a small company.

Registered in England/Wales under the registration number 01756315, with a registered address at SS14 3BS, Basildon, Essex, Wins House Bentalls, Pipps Hill Industrial Estate.

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