Jestilo Ltd

Jestilo Ltd from Ashton-Under-Lyne UK: a small company with an active status, was founded five years ago and employs three people. Its assets total £674,233, and it operates from a real address with one director and owner. The company regularly imports toys, games, and sports equipment, having done so for the past six months.

Beyond its UK operations, Jestilo Ltd appears to be a Saudi Arabian manpower recruiting firm. Its website details a range of services, from talent acquisition and workforce solutions to executive search and recruitment process outsourcing, catering to financial institutions. It boasts a global reach with local understanding and emphasizes customized solutions, customer support, and cost efficiency. The company's website also highlights its partnerships with various sectors, including construction, operation and maintenance, cleaning, hospitality, and catering.

Financially, Jestilo Ltd presents a mixed picture. While cash bank on hand increased significantly by 190% to £16,000, current assets decreased by 10% to £670,000. Bank borrowings jumped 1000% to £90,000, and net assets plummeted 2100% to -£300,000. Trade creditors increased by 30% to £790,000, and trade debtors dropped by 67% to £31,000. The company’s small size—meeting two of three criteria for a small company—allows for flexibility, but the substantial equity decline suggests potential financial pressures. The unaudited accounts, prepared using Taxfiler software, do not mention an auditor. The significant increase in loans from directors, alongside the decrease in cash reserves, indicates the company may be burning through money, but it's also possible that these are investments in growth.

Registered in England/Wales under the registration number 12126704, with a registered address at OL7 0FU, England, Ashton-Under-Lyne, Workshop 4, Sure Store,, Rayner Lane.

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