Jim Jack Services Ltd.

Jim Jack Services Ltd from Falkirk UK: a small, active company founded 17 years ago, employs three people, and holds £44,690 in assets. It operates from a virtual address, managed by one director and owner. The business irregularly imports vehicles, parts, and accessories (excluding trains and trams) for a month, and exports machinery, boilers, and mechanical appliances parts for a month.

The company’s core activity appears to be the manufacture of other parts and accessories for motor vehicles, as indicated by its website. While no direct e-commerce presence is apparent, the business likely serves wholesale or business-to-business clients. The company’s registered address is a virtual address, as eighteen companies are registered at the same location.

Financially, Jim Jack Services Ltd presents a mixed picture. Accumulated amortisation for intangible assets remained constant, but accumulated depreciation for plant and machinery increased by 61%, suggesting ongoing investment in equipment. Bank borrowings increased to £5,800, while cash reserves plummeted to just £55. Creditors decreased by 31%, which is a positive sign, but the sharp decline in equity – dropping 99% to just £210 – is concerning. The company’s small size (meeting two of three criteria for a small company) allows for flexibility, but the significant equity drop warrants further investigation. The accounts are unaudited, as is typical for small companies.

The company’s irregular import and export activity suggests a niche market or project-based operations. The decline in cash reserves, combined with increased borrowings, could indicate that Jim Jack Services Ltd is burning through money, but the decrease in creditors suggests improved debt management. It’s likely that the company is reliant on timely payments from its customers.

Registered in Scotland under the registration number SC338287, with a registered address at FK1 1HZ, Falkirk, 2 Melville Street.

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