Jem Promotions Uk Limited

Jem Promotions Uk Limited, based in Basingstoke, UK, is a small, active company founded 23 years ago in 2001. With £78,018 in assets and a virtual address shared by 48 other companies, it’s a lean operation managed by one director and owner, Edney Paul. The company runs an e-commerce site and irregularly imports toys, games, and sports equipment, with the last import activity occurring over five years ago in June 2019. It operates in the media representation services industries.

While the company maintains a website, details about its specific online activities are scarce. It appears to focus on promotional products, though the extent of its e-commerce presence isn’t immediately clear.

Financially, Jem Promotions Uk Limited shows a concerning trend. Current assets have fallen by 33% to £78,000, while net assets have dropped significantly by 47% to £25,000. Bank borrowings have decreased by 44%, and cash reserves have fallen by 38% to £49,000. Creditors have also decreased, suggesting some improvement in debt management. 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. No auditor is mentioned, likely due to the company’s small size.

Overall, Jem Promotions Uk Limited is facing financial headwinds. The decline in assets and cash reserves, coupled with a drop in equity, suggests the company is burning through money. Whether this is a temporary setback or a longer-term challenge remains to be seen.

Registered in England/Wales under the registration number 04239372, with a registered address at RG23 8PE, United Kingdom, Basingstoke, Hampshire, South Building Upper Farm, Wootton St Lawrence.

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