J.g. Electrical Limited

Jg Electrical Limited is a small, active company based in Bracknell, UK, established 26 years ago. With two employees and £148,888 in assets, it operates as a family business with three directors and two owners. The company is a irregular importer, bringing in furniture, lighting, and prefabricated buildings, with its last import activity occurring two months ago in July 2022.

The company’s website highlights its electrical installation and retail services, catering to both external lighting needs and full property rewiring. It emphasizes quality assurance through ELECSA and TrustMark accreditation, and provides an emergency call-out service. Testimonials from satisfied customers praise the company’s knowledge, experience, and accommodating service. The website also includes contact information, terms and conditions, and a privacy policy.

Financially, Jg Electrical Limited shows some concerning trends. While cash reserves increased by a significant 110% to £16,000, net assets decreased by 29% to £91,000. Trade debtors have increased dramatically, rising by 420% to £94,000, which could indicate difficulties in collecting payments. Bank borrowings have also increased, up 16% to £30,000. Creditors have risen by 55% to £89,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in debt and decrease in equity warrants attention. As a small company, it is exempt from an audit, so the figures are unaudited. The company’s continued operation, despite these financial pressures, suggests it is relying on its established reputation and loyal customer base to navigate these challenges.

Registered in England/Wales under the registration number 03710472, with a registered address at RG12 0UH, England, Bracknell, 91 Nettlecombe.

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