Jemtec Limited

Jemtec Ltd from Peterborough UK is a small, family business founded 16 years ago, currently active and employing 11 people. With £232,884 in assets and a virtual address, the company operates with three directors and two owners. It’s a regular importer, specializing in optical and medical tools and devices, with 10 months of import activity recorded.

The company’s website, jemtec.co.uk, details its focus on dental practice activities, providing a range of equipment and supplies. While it doesn’s appear to be a full-fledged e-commerce platform, the site showcases products and contact information. It seems they are mainly a B2B supplier, rather than a direct-to-consumer retailer.

Financially, Jemtec Ltd presents a mixed picture. Current assets have decreased by 7.4% to £230,000, while net assets have increased by 54% to £230,000. Cash reserves have significantly dropped by 86% to £28,000, and bank borrowings have increased by 270% to -£8400. Trade debtors have risen by 180% to £140,000, which could indicate a reliance on customer payments. Creditors have increased by 110% to £790,000, suggesting increased short-term debt obligations. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, it’s exempt from an audit, and the financial data is unaudited.

Overall, Jemtec Ltd seems to be navigating a period of change. While its assets and equity have grown, the sharp decline in cash reserves and increase in debt raise concerns about its short-term financial health. The company’s focus on the dental industry and its established import network could provide a stable foundation, but careful management of its finances will be crucial for its long-term success.

Registered in England/Wales under the registration number 06731700, with a registered address at PE1 5DD, England, Peterborough, Stuart House-East Wing, St. Johns Street.

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