Jerich Uk Ltd

Jerich Uk Ltd, based in Skelmersdale, UK, is a small holding company with an active status, having been founded 21 years ago in December 2003. The company employs 18 people and holds assets valued at £832,387. It has a real registered address, is managed by one director and one owner, and boasts a respectable Google rating of 4.0 based on three reviews. Jerich Uk Ltd regularly imports paper and paperboard products, with the last import operation occurring in August 2024.

The company operates in the freight transport by road and warehousing industries, offering services for land transport activities. It's a small company, meeting two of three conditions: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. The company is a regular importer, with its top import category being Paper and Paperboard Products, totaling 3 months of imports.

Looking at the financials, Jerich Uk Ltd shows some concerning trends. Cash bank on hand has decreased significantly by 49%, dropping to £150,000. Creditors have increased by 26%, reaching £560,000, and trade debtors have more than doubled to £680,000. However, current assets have also grown by 32%, reaching £830,000, which could be a sign of increased sales. Equity has seen a substantial increase of 110%, reaching £560,000, which is a positive indicator. Future minimum lease payments have also increased by 110%, which could be a sign of expansion or new commitments.

The company’s financial statements are unaudited, and no auditor is mentioned, which is typical for small companies. The sharp increase in trade debtors suggests the company may be struggling to collect payments, or perhaps it has extended credit terms to boost sales. The increase in creditors could be due to increased purchasing activity to meet demand. It's worth noting that the company’s net assets liabilities have increased by 48%, reaching £270,000.

Registered in England/Wales under the registration number 04998969, with a registered address at WN8 9PL, England, Skelmersdale, Lancashire, Paddock Business Centre, 2 Paddock Road.

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