J.f.k. Binding Supplies Limited

J.f.k. Binding Supplies Limited, based in Swanage, UK, is a small, family-run business with an active status, having operated for 37 years. Employing just four people and holding £160,150 in assets, it’s a modest operation with a virtual address shared by many other companies. Five directors and three owners (though the list may not be exhaustive) guide the business, which boasts a perfect 5.0 Google rating from four reviews. The company regularly imports machinery, boilers, and mechanical appliances—parts, with the latest import activity recorded three months ago.

The business operates in the wholesale of other intermediate products industries, and its website suggests a focus on office supplies and related services. While it’s difficult to ascertain the extent of its e-commerce presence, the website highlights a range of products and services, including binding and finishing equipment. The company’s longevity and family ownership speak to a stable, traditional approach.

Financially, J.f.k. Binding Supplies Limited shows some concerning trends. Current assets have decreased by 15%, falling to £160,000, while net assets have also dropped by 13%, settling at £120,000. Bank borrowings have seen a significant reduction of 30%, falling to £23,000, and cash reserves have also declined by 37%, ending at £66,000. However, creditors have also decreased by 30%, which could indicate improved debt management. 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. No auditor is mentioned, which is common for small companies.

The company’s focus on importing machinery, alongside its wholesale operations, suggests a reliance on external suppliers. The decrease in cash reserves and net assets, while not catastrophic, warrants attention. It's possible that the company is reinvesting in its business or facing increased costs. The company’s long history and positive Google rating suggest a loyal customer base, but the financial data indicates a need for careful management.

Registered in England/Wales under the registration number 02213410, with a registered address at BH19 2PQ, United Kingdom, Swanage, Dorset, Herston Cross House, 230 High Street.

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