Jgr Building Services Limited

Jgr Building Services Limited is a small, holding company based in Lincoln, UK, with an active trading status. Founded 23 years ago in 2001, the company employs 19 people and holds assets totaling £366,242. It operates from a real address and is overseen by four directors, with one owner. The company is an irregular importer of electrical machinery and equipment, with its last import operation recorded 19 months ago in August 2022.

The company's website showcases Jgr Building Services as a trusted partner for building solutions, specializing in refrigeration, air conditioning, and mechanical services. It caters to businesses of all sizes, offering design, installation, maintenance, and energy efficiency upgrades. The website highlights projects and contact details, emphasizing quality and reliability. It's clear they are focused on B2B services, not direct-to-consumer sales.

Financially, Jgr Building Services Limited presents a mixed picture. Current assets have fallen significantly by 65%, dropping to £370,000. Net assets have also declined, falling 22% to £1.2 million. Bank borrowings have decreased by 33%, and cash reserves have plummeted 95%, leaving just £20,000. Creditors have also decreased by 46%, which could indicate improved debt management. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. With no auditor mentioned, the financial statements are unaudited.

The sharp decline in cash reserves and net assets is concerning, suggesting the company may be burning through money. The decrease in bank borrowings is a positive sign, but the overall trend points to financial pressure. It’s likely the company is reinvesting in its business, but monitoring its cash flow will be critical.

Registered in England/Wales under the registration number 04268701, with a registered address at LN6 3JZ, England, Lincoln, Jgr House, Exchange Road.

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