Jaylew (engineering) Limited

Jaylew Engineering Ltd, based in Grantham, UK, is a small, active company with a rich history, having been founded 54 years ago in 1970. With fifteen employees and £769,555 in assets, it’s a well-established operation run by a solo founder, Fletcher Andrew Paul, who also serves as director and owner. The company maintains a real address and regularly imports iron or steel products (13 months) and exports electrical machinery and equipment (6 months).

Jaylew Engineering operates as a machining shop, serving heavy industry, particularly the rail sector. It strives to surpass customer expectations and upholds a strong quality management system, aligned with ISO90012015 standards. The company’s vision is to enhance its reputation through exceptional customer service and unwavering focus. Its website highlights a legacy spanning five decades, emphasizing capable, flexible, and precise machining services.

Financially, Jaylew Engineering’s recent performance presents a mixed picture. Accumulated depreciation on plant machinery decreased by 2%, while the depreciation charge remained constant. Bank borrowings decreased by 46%, and cash reserves increased by a substantial 170%. However, net assets plummeted 280%, and average employee numbers fell by 40% to just nine—a significant drop. Creditors increased slightly, and trade debtors ballooned by 250%. Despite these challenges, the company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned suggests it’s exempt as a small company, and the figures are unaudited. The company is holding steady, but the significant drop in equity raises questions about its long-term financial health.

Registered in England/Wales under the registration number 00980728, with a registered address at NG31 7DD, Grantham, Lincolnshire, Unit 12a Autumn Park, Dysart Road.

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