Jimmie Martin Limited

Jimmie Martin Ltd from London UK: a small, active company founded 20 years ago, employs four people, and holds £197,728 in assets. It's a real address with two directors and two owners. The company regularly imports furniture, lighting, and prefabricated buildings (for three months), and exports art and antiques (for a substantial 83 months).

The company operates in the specialised design activities industries and is a small business, meeting two of the three conditions: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. Its website showcases a creative haven specializing in one-of-a-kind furniture pieces, serving private clients, commercial spaces, and high-profile individuals. Jimmie Martin also offers an interior design service, frequently featured in the Andrew Martin Interior Design Review, and sells a range of homeware, art, and sculptures. The website highlights a diverse product range, from custom-made furniture to rugs, cushions, and busts, with a distinct "no rules" attitude.

Financially, Jimmie Martin Ltd shows a mixed picture. Cash reserves have significantly dropped by 80%, falling to £67,000. Current assets have also declined by 54%, reaching £200,000. However, trade debtors have increased by 43%, reaching £120,000, which might indicate an effort to boost sales. Liabilities to directors have risen dramatically by 710%, reaching £4,700, and bank borrowings are now at £4,000. Creditors have decreased by 82%, suggesting improved debt management. It's worth noting that the company's equity has fallen by 44%, dropping to £180,000. With no auditor mentioned, the financial statements are unaudited.

The sharp decline in cash and equity raises questions about the company's financial health. While the increase in trade debtors could be a positive sign, the rising liabilities to directors and bank borrowings suggest a need for careful financial management. The company’s focus on bespoke design and high-end products, however, positions it well to weather these challenges, as long as it can maintain its reputation for quality and creativity.

Registered in England/Wales under the registration number 05173802, with a registered address at W8 4BG, England, London, 77 Kensington Church Street.

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