Jameson Seating Limited

Jameson Seating Ltd, based in West Bromwich, UK, is a small, holding company with an active status. Founded 41 years ago in 1983, the company employs 45 people and holds £1,402,906 in assets. It has three directors and one owner, and boasts a respectable Google rating of 4.0 based on nine reviews. The company is an irregular importer, with its top import category being None, totaling 1 months of imports, the last operation was conducted on October 01, 2023.

The company operates in the manufacture of other furniture industries, with a focus on upholstery. While a website isn't available to analyze, the company's core business appears to be B2B, supplying furniture components and potentially finished goods to retailers and other manufacturers.

Financially, Jameson Seating Ltd presents a mixed picture. Cash bank on hand has decreased by 41% to £300,000, while trade debtors have increased significantly by 22% to £880,000. Creditors have also decreased by 19% to £490,000. Equity has seen a substantial drop of 30%, falling to £740,000. Net assets have also decreased by 30% to £740,000. While the company meets the criteria for a small company (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees), the decline in equity and cash reserves is noteworthy. The company’s net current assets have increased by 6.5% to £920,000. The company's unaudited financial statements, prepared using VT Final Accounts software, indicate a focus on managing short-term liabilities. The lack of an auditor is typical for small companies exempt from mandatory audits.

Overall, Jameson Seating Ltd appears to be navigating a period of financial pressure, although the increase in trade debtors suggests a potential strategy to maintain cash flow. The company’s long-standing presence and established position in the furniture manufacturing sector, however, provides a foundation for continued operation.

Registered in England/Wales under the registration number 01745221, with a registered address at B70 7LB, England, West Bromwich, Unit 1 Kelvin Way.

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