Jeff Morris Ltd

Jeff Morris Ltd, based in Wigston Harcourt, UK, is a small, family-run business with an active status. Established 16 years ago in 2008, the company employs just two people and holds assets valued at £346,938. With four directors and two owners, it operates from a real address and has a long history of importing and exporting machinery, boilers, and mechanical appliances, parts. Regular import activity spans 10 months, with the last operation recorded in November 2024, while export activity stretches back 57 months, with the latest in December 2024.

The company's operations are primarily focused on non-specialised wholesale trade, acting as agents involved in the sale of machinery, industrial equipment, ships, and aircraft. This suggests a business-to-business model, connecting manufacturers and suppliers with commercial clients. While a website isn’s available, the nature of the business points towards a behind-the-scenes role in the supply chain, rather than a direct-to-consumer operation.

Financially, Jeff Morris Ltd presents a mixed picture. While current assets remained relatively stable at £350,000, equity has decreased significantly by 19%, dropping to £63,000. This could be due to increased investment in the business or a reduction in retained earnings. Bank borrowings have also increased, reaching £29,000, and trade debtors have decreased by 29%, suggesting a potential issue with customer payments. Despite these challenges, cash reserves remain relatively healthy at £260,000. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decline in equity warrants closer attention. As a small company, it is exempt from an audit, and the financial statements are unaudited. It's a bit odd that the number of employees increased from two to three, but it’s probably a temporary change.

Registered in England/Wales under the registration number 06609562, with a registered address at LE18 3LP, Wigston Harcourt, Leicestershire, 2 Butt Close.

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