Jim Engineering Limited

Jim Engineering Ltd, based in St. Helens, UK, is a small, family-run business with an active status. Founded fourteen years ago in 2011, the company employs eight people and holds £269,239 in assets. It’s a tight-knit operation with two directors and two owners at the helm, operating from a real address. The company is a regular exporter of electrical machinery and equipment, with 17 months of export activity recorded, the latest in August 2024, but an irregular importer of furniture, lighting, and prefabricated buildings, with just two months of import activity as of November 2023.

The company’s website showcases its specialization in laboratory ovens, incubators, and drying cabinets, proudly manufactured in Great Britain. It caters to a global clientele, including universities, laboratories, hospitals, and businesses, positioning itself as the largest independent manufacturer of laboratory ovens. The website highlights custom builds, spare parts, and a commitment to quality, with products used on all seven continents and trusted partnerships with global distributors. It’s clear they’re aiming for a reputation built on British craftsmanship and bespoke solutions.

Financially, Jim Engineering Ltd shows a mixed picture. Current assets are up slightly to £270,000, while net assets increased by 3.4% to £140,000. However, bank borrowings have increased, and cash reserves have decreased slightly. Trade debtors have also risen significantly, suggesting potential issues with customer payments. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the rise in debtors warrants attention. As a small company, it’s likely exempt from an audit, so the figures rely on unaudited statements.

Overall, Jim Engineering Ltd appears to be holding its own, but the rise in debtors could be a cause for concern. The company’s focus on specialized equipment and global partnerships suggests a strong foundation, but managing cash flow will be key to its continued success.

Registered in England/Wales under the registration number 07487319, with a registered address at WA10 3DB, St. Helens, Merseyside, Unit 2 11 Ravenhead Business Park, Ravenhead Road.

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