Jds Projects Ltd

Jds Projects Ltd from Brentwood UK: a small, active company founded eight years ago, employs two people, and holds £628,089 in assets. It operates from a virtual address – a fact that’s a little concerning, as 655 other companies are registered at the same location. The company is run by two directors and one owner, Smart Jerome Daniel. It’s an irregular importer of furniture, lighting, and prefabricated buildings (just two months of imports), and a regular exporter of… well, nothing (three months of exports).

The company’s website, jdsprojects.uk, paints a picture of a business offering bespoke retail solutions since 2017. They provide a wide range of services, from design and manufacture to graphics and installation, catering to both commercial and industrial clients. They even have a workshop and storage facility, and work with several brands. The site highlights their ability to turn visions into reality, offering everything from innovative solutions to expert guidance.

Financially, Jds Projects Ltd shows a mixed bag. Cash bank on hand increased by a healthy 8.2% to £450,000, and current assets grew by 10% to £630,000. However, accumulated depreciation on furniture fittings, motor vehicles, and computer equipment all increased significantly – 25%, 32%, and 28% respectively. Creditors also rose by 24% to £160,000. The company's small size—meeting two of three conditions for being classified as small—helps keep costs manageable, but the increase in depreciation suggests investment in equipment, which could be a good thing. The company’s turnover remained steady at £130,000.

While the company appears to be operating, the rise in liabilities and depreciation alongside a lack of turnover growth could indicate that Jds Projects Ltd is burning through cash to maintain operations. The virtual address and lack of auditor also raise some questions about the company’s long-term stability.

Registered in England/Wales under the registration number 10627655, with a registered address at CM13 1AB, England, Brentwood, Essex, Create Business Hub, Ground Floor 5 Rayleigh Road, Hutton.

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