Jg Care & Supplies Limited

Jg Care & Supplies Limited, based in Penarth, UK, is a small, active company founded five years ago. With five employees and £774,051 in assets, it's a solo-founded operation led by a single director and owner, George Joyson. The company operates in the other retail sale in non-specialised stores industries and is an irregular importer, focusing on furniture, lighting, and prefabricated buildings – just two months of import activity were recorded, the last in December 2024.

The company’s website, JG Care Supplies Ltd, showcases a dedication to enhancing care facilities across the UK. It offers a range of products and renovation services, targeting care homes and aiming to create comfortable and welcoming spaces. The website highlights expertise, comprehensive solutions, a proven track record, and responsive customer service, even featuring testimonials from local care groups like Bellavista Group and Waverley Care Centre. It's clear they're positioning themselves as a one-stop shop for care home needs, from everyday supplies to complete renovations.

Financially, Jg Care & Supplies Limited presents a mixed picture. While current assets increased by 20% to £770,000, net assets took a significant hit, plummeting 110% to just £1,600. Cash bank on hand dropped 62% to £29,000, and bank borrowings increased by 15% to £200,000. Creditors also rose by 15% to £790,000. The company’s small size (meeting two of three conditions for being classified as small) helps with agility, but the sharp decline in equity is concerning. The company’s average number of employees during the period decreased by 20% to four. There's no auditor mentioned, likely due to its status as a small company.

The sudden increase in trade debtors, up 150%, suggests a possible delay in customer payments, or perhaps an expansion of credit terms offered. The rise in other creditors, a whopping 850%, is a bit more alarming and could indicate increased short-term debt obligations. It's possible the company is investing heavily in its business, but the financial data suggests it's facing some pressures.

Registered in England/Wales under the registration number 12164912, with a registered address at CF64 5AY, United Kingdom, Penarth, 5 Meadowview Court, Sully.

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