J&e Group Ltd

Jande Group Ltd from Glasgow UK: a small holding company with an active status, was founded five years ago and employs 23 people. The company holds assets valued at £7,920,948, operates from a virtual address, and is managed by one director and two owners, who are also the solo founder. It’s a regular importer of plastics and plastic products, having imported for 110 months, with the most recent import occurring in December 2024.

The company's website, JE Group Ltd, functions primarily as an online retail platform, offering a wide range of products across categories like gardening, toys, home goods, pet care, cleaning supplies, and student essentials. It also features seasonal sections for Halloween and Christmas. The site caters to customers across a vast array of countries, from Afghanistan to Zimbabwe, offering prices in British pounds. The website's structure suggests a wholesale business, with a dedicated section for trade customers.

Financially, Jande Group Ltd shows some concerning trends. Accumulated depreciation for property, plant, and equipment has more than doubled in the past year, reaching £7,300, while cash reserves have plummeted by 93%, leaving just £57,000. Bank borrowings have also decreased, but net assets have fallen significantly, dropping 41% to -£2,000,000. Despite this, trade debtors have increased by 25%, suggesting a possible reliance on customer payments. 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 flexibility, but the decline in equity is a point of concern. As a small company, it is exempt from an audit, so the figures are unaudited.

The company’s focus on regular imports of plastics, combined with its online retail presence, suggests a business model reliant on consistent supply chains and efficient online sales. Whether it can navigate these challenges and maintain its growth trajectory remains to be seen.

Registered in Scotland under the registration number SC648576, with a registered address at G2 1BP, Scotland, Glasgow, Clyde Offices, 2nd Floor, 48 West George Street.

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