Jet Materials Limited

Jet Materials Ltd, based in Caerphilly, UK, is a small, active company founded 14 years ago. With six employees and £850,143 in assets, it’s a solo-founded operation managed by two directors and a single owner. The company regularly imports machinery, boilers, and mechanical appliances—parts, with 152 months of import activity recorded—and exports optical and medical tools and devices, with 141 months of export activity. It operates from a real address, sharing space with just one other company.

The company’s website highlights a diverse range of testing equipment and services for the civil engineering and education sectors. It’s a UK-based distributor for manufacturers from Italy, Germany, USA, Sweden, and Canada. The site showcases products like corrosion testers, strength testing equipment, and climatic chambers, catering to industries like construction, asphalt, and concrete. It also features a section dedicated to piano restoration, hinting at a related business.

Financially, Jet Materials Ltd’s numbers show a mixed picture. Current assets decreased by 8.2% to £850,000, while net assets increased by 16% to £640,000. Bank borrowings were eliminated, a positive sign, but creditors dropped by 43% to £160,000. Cash reserves fell 1.1% to £510,000. Trade debtors decreased by 14% to £140,000. 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, so the figures are unaudited.

Overall, Jet Materials Ltd appears to be a stable, if somewhat lean, operation. The decrease in current assets and increase in creditors suggests a need to manage cash flow carefully. The diverse product range and distributor model, however, provide a solid foundation for continued success.

Registered in England/Wales under the registration number 07270350, with a registered address at CF83 8HW, United Kingdom, Caerphilly, Unit 17, Greenway Workshops, Bedwas House Industrial Estate.

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