Jileon Ltd

Jileon Ltd, based in Lambourn, UK, is a small, family-run business with an active status, having been founded nineteen years ago in 2005. With just two employees and £502,511 in assets, it operates from a real address and is managed by two directors and two owners. The company runs an e-commerce site specializing in footwear, regularly importing related items for seven months, with the last import in August 2023. It also exports occasionally, with just one month of export activity recorded back in 2018.

The company’s website, The Wide Calf Welly People, showcases a niche market: providing wellies for people with wide calves. It offers a range of styles and sizes, emphasizing comfort, fit, and durability. The site boasts a 7,500 reviews and highlights its commitment to customer satisfaction, offering free shipping, 60-day returns, and a quiz to help customers find the perfect fit. The company’s branding emphasizes British craftsmanship and a focus on a specific, underserved customer base.

Financially, Jileon Ltd presents a mixed picture. Current assets have increased by 13% to £500,000, while net assets have also risen by 11% to £370,000. However, bank borrowings have dramatically decreased by -100%, to zero, and cash reserves have increased significantly by 290% to £160,000. Trade debtors have fallen by 50%, and creditors have increased by 18%. 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 creditors suggests potential challenges managing short-term liabilities. No auditor is mentioned, meaning the figures are unaudited.

Overall, Jileon Ltd seems to be financially stable, with increased assets and cash reserves. The company’s focus on a niche market and commitment to customer service appear to be paying off, though careful management of creditors will be important for sustained success.

Registered in England/Wales under the registration number 05548774, with a registered address at RG17 7LX, Lambourn, Berks, Unit 4 Bockhampton Manor Farm Buildings, Newbury Road.

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