Jenx Limited

Jenx Limited, a family business based in Sheffield, South Yorkshire, is a large manufacturer of postural support products for children, boasting 131 employees and £5,094,349 in assets. Incorporated 41 years ago in 1984, the company has four directors and two owners, and maintains a real address with only one other company registered at the same location. It’s been active for decades, regularly importing and exporting furniture, lighting, and prefabricated buildings – 310 months of imports and 79 months of exports recorded. Google users rate it 4.0 out of 5 based on 10 reviews.

The company’s website, exportjenx.com, highlights its focus on providing seating, standing, sleeping, and therapy solutions for children with postural needs. It’s clear that Jenx is targeting a specialist market, emphasizing innovative design and developmental equipment. The site even features customer stories, showcasing the positive impact of its products.

Financially, Jenx Limited’s report reveals a mixed picture. While revenue increased by 13%, reaching £6.6 million, net losses widened significantly, plummeting 2700% to -£310,000. Cash reserves took a hit, falling 84% to £250,000, and bank borrowings surged, reaching £700,000. Creditors also increased, rising 30% to £3.1 million. The company’s average number of employees increased by 17% to 150, which could explain the rise in administrative expenses, up 14% to £6.1 million. Despite these challenges, net assets remain at £2.8 million, and the company’s small size (meeting two of three criteria for a large company) allows for agility. UHY Hacker Young conducted the audit.

The significant losses, despite increased revenue, suggest potential supply chain issues or increased costs that impacted profitability. The rise in bank borrowings indicates a need for additional funding, possibly to support growth or address short-term challenges. The continued focus on specialist products and strong Google rating suggests a loyal customer base, but the company will need to address its financial pressures to ensure long-term sustainability.

Registered in England/Wales under the registration number 01808921, with a registered address at S6 1RQ, South Yorkshire, 3 Wardsend Road, Sheffield.

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