Jessops (group) Limited

Jessops Group Ltd, based in Marlow, UK, is a holding company with an active status, founded twelve years ago in 2013. Despite employing just one person, it maintains a virtual address, a detail worth noting as thirty-five companies share this location. The company is managed by two directors and owned by two individuals, although the ownership list was changed nine years ago. It currently holds a Google rating of 2.0 based on five reviews. Jessops Group Ltd regularly imports optical and medical tools and devices (seven months of imports, last in November 2022) but exports footwear and related items irregularly (two months of exports, last in February 2023).

The company’s activities appear to center around holding interests in several entities, including Jessops Photo Limited, Camera Jungle Limited, and Jessops Europe Limited. While no dedicated website is available, the name "Jessops" is synonymous with imaging products and services, suggesting a historical connection to the retail sector.

Financially, Jessops Group Ltd presents a mixed picture. Accrued liabilities have decreased by 20%, while bank borrowings have remained constant at £3 million. However, cash and cash equivalents have fallen by 5.8% to -£1.5 million. Perhaps the most concerning trend is the significant decrease in equity, dropping 17% to -£17 million. Staff costs have also declined by 19%, indicating a potential shift in operational strategy. Despite these challenges, creditors have decreased by 5.6%, suggesting improved debt management. The company’s accounts are unaudited, and no auditor is mentioned, which is common for smaller entities.

The company’s financial situation suggests it’s burning through money, and the decrease in equity is a clear warning sign. While the holding company structure allows for strategic investments, the underlying businesses need to demonstrate profitability to ensure long-term sustainability.

Registered in England/Wales under the registration number 08384799, with a registered address at SL7 1EY, United Kingdom, Marlow,, Buckinghamshire,, Network House, Globe Business Park,, Third Avenue,.

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