Jays Sourcing Group Limited

Jays Sourcing Group Ltd from Stourbridge UK: a small, active company founded 45 years ago, employs ten people, and holds £1,958,098 in assets. It’s a real address with a single director and owner, a solo founder, and a stellar 5.0 Google rating from one review. The company regularly imports miscellaneous metal items, with four months of import activity recorded.

The company operates as an agent involved in the sale of a variety of goods, with a focus on sourcing and importing. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, and employees less than 50. While no website is available, it’s likely they operate through a network of contacts and suppliers.

Financially, Jays Sourcing Group Ltd presents a mixed picture. Accumulated depreciation has seen a significant decrease, with a 100% drop in leased assets and plant machinery. Bank borrowings have remained steady, but cash reserves have fallen by 23%, and total inventories have decreased by 37%. Trade creditors have also reduced, suggesting improved debt management. The company’s small size helps it remain agile, but the decrease in equity raises questions. With no auditor mentioned, the figures are unaudited.

Overall, Jays Sourcing Group Ltd appears to be a long-standing business facing some financial pressures. Its focus on importing miscellaneous metal items and acting as an agent suggests a specialized role in the supply chain.

Registered in England/Wales under the registration number 01474335, with a registered address at DY8 3QG, Stourbridge, West Midlands, 4 St James Court Bridgnorth Road, Wollaston.

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