Jamestown Industries Limited

Jamestown Industries Ltd from St Albans UK: large company, holding company, active status, founded 27 years ago, 3 employees, £18,862,928 assets, virtual address, 5 directors, 1 owner, google rating 4.0 based on 11 reviews. Regular importer of optical and medical tools and devices (5 months imported). Regular exporter of lead and products made from lead (23 months exported).

Jamestown Industries Limited operates as a material handling equipment supplier, specializing in pumps, rigging, and lifting solutions for the oil and gas industry. Their website showcases a range of products and services, including subsea umbilical's, risers, flowlines, valves, and a focus on environmentally friendly innovations. The company's online presence highlights a commitment to quality and customer support, with a focus on serving both onshore and offshore operations. They also have a showroom in Harrods, London.

Financially, Jamestown Industries Ltd presents a mixed picture. While current assets increased by 13% to £19 million, net assets only saw a slight increase of 1.4% to £5.9 million. Bank borrowings significantly decreased by 94%, dropping to a mere £8,100—a positive sign. However, staff costs rose by 27% to £1.8 million, and net losses increased to £80,000. Trade debtors also increased by 6%, suggesting potential issues with customer payments. The company’s large size (meeting two of three criteria for a large company) and the absence of an auditor (likely exempt due to its size) mean the figures are unaudited.

The substantial decrease in bank borrowings is a positive development, suggesting improved financial management. However, the rise in staff costs and the increase in net losses indicate potential operational challenges. The virtual address, shared by nineteen other companies, raises questions about the physical location of the business. Overall, Jamestown Industries Ltd appears to be navigating a complex financial landscape, balancing growth with operational expenses.

Registered in England/Wales under the registration number 03477187, with a registered address at AL1 3SE, St Albans, Herts, Faulkner House, Victoria Street.

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