Jellagen Limited

Jellagen Ltd from Stirling, UK, is a small, active company founded 11 years ago. With 22 employees and £1,694,815 in assets, it operates from a real address and is managed by six directors, though there are no listed owners. The company is an irregular importer of plastics and plastic products (just one month of imports in the last two years) and a regular exporter of miscellaneous chemical products (four months of exports).

The company’s core business revolves around biotechnology research and experimental development. Its website, though currently unavailable, suggests a focus on innovative solutions within this sector. Jellagen Ltd also owns Jellagen Pharma Limited, indicating a potential expansion into pharmaceutical applications. The company's address is shared by six other businesses, suggesting a business park setting.

Financially, Jellagen Ltd presents a mixed picture. Current assets have declined significantly by 55%, dropping to £1,700,000, while net assets have fallen even further by 55% to £1,800,000. Cash reserves have also taken a hit, decreasing by 56% to £1,600,000. Trade debtors have decreased by 37%, which could be a positive sign of improved collections. Creditors, however, have increased by 59%, suggesting increased reliance on short-term financing. The company’s size—meeting two of three conditions for being classified as small—allows for flexibility, but the substantial decline in equity raises concerns. As a small company, it is exempt from an audit, so the figures are unaudited.

The company's directors changed four months ago, which could indicate restructuring or new investment. While the decrease in employees (from 22 to 18) might signal cost-cutting measures, it could also reflect a shift in operational focus. The sharp decline in cash reserves and equity warrants close monitoring, but the company's ongoing export activity and focus on biotechnology research suggest a potential for future growth.

Registered in Scotland under the registration number SC451036, with a registered address at FK7 7SH, Stirling, Pavilion 2 Castlecraig Business Park, Players Road.

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