Jgb Engineering Ltd

Jgb Engineering Ltd from Gloucester UK: a small holding company with an active status, was founded 33 years ago in 1992. Employing 22 people, the company holds assets valued at £1,652,975, but operates from a virtual address where sixty-four other companies are registered. Led by four directors and one owner, it maintains a stellar 5.0 Google rating based on three reviews. The company is an irregular importer of electrical machinery and equipment, with the last import operation occurring in October 2024.

Jgb Engineering Ltd specialises in metal fabrication and engineering design, providing tailored products to various businesses. Their website highlights expertise in mild steel, stainless steel, and aluminium products, offering design, supply, and installation services. They have a real registered address at Unit 1819, Mill Place 3, Bristol Road, Gloucestershire, and are proud to provide high quality metal fabrications. The website also lists telephone and fax numbers for contact.

Financially, Jgb Engineering Ltd shows some concerning trends. While total assets increased slightly to £1,700,000, net assets decreased by 1.7% to £600,000. Bank borrowings increased significantly by 34% to £530,000, and cash reserves dropped by 1.1% to £660,000. Creditors also increased by 13% to £1,200,000. The company’s small size—meeting two of three conditions for being considered small—helps it remain agile, but the increase in debt is something to keep an eye on. The company is exempt from an audit as a small company, so the numbers are unaudited.

The company’s trend in average employees has increased by 9.1% to 24. Depreciation on plant machinery has increased by 99%, which could be a sign of investment or increased wear and tear. Overall, Jgb Engineering Ltd appears to be a well-regarded metal fabricator, but the financial data suggests it may be facing some challenges in managing its debt.

Registered in England/Wales under the registration number 02690680, with a registered address at GL3 3RS, England, Gloucester, Hats Gloucester Ltd, 48 Hucclecote Road.

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