Jing Capital Ltd

Jing Capital Ltd from Portsmouth UK is a small, active company founded four years ago. It employs 39 people and holds £6,449,714 in assets. The company is led by a solo founder and has one director and owner, Meng Qingheng. Jing Capital Ltd regularly imports miscellaneous food products, with 102 months of import activity recorded, the latest in February 2025.

The company's website, jingcapital.co.uk, primarily displays dates and copyright information, suggesting a minimal online presence. The site’s design is simple, with no obvious e-commerce functionality—it appears more like a placeholder or a landing page. The site’s focus is unclear, with no product listings or detailed information about the company's services.

Financially, Jing Capital Ltd presents a mixed picture. Cash bank on hand has dramatically fallen by 89%, dropping to £71,000, while accrued liabilities have decreased by 8.2% to £440,000. Trade debtors have surged by 92%, reaching £4.9 million—a significant increase that could indicate delayed customer payments or a strategy of extending credit terms. Equity, however, has grown by 84%, reaching £3.5 million, suggesting retained earnings are accumulating. Despite this, net current assets and liabilities have increased by 43% and 52% respectively. 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 sharp decrease in cash reserves warrants attention. The company's unaudited figures, with no auditor mentioned, rely on director-reported data.

Overall, Jing Capital Ltd seems to be growing its trade receivables, but its cash position is concerning. While the company's equity has increased, the drop in cash reserves suggests it may be burning through money faster than it’s bringing it in. The lack of a robust online presence and the reliance on trade credit could pose challenges in the long run.

Registered in England/Wales under the registration number 12644388, with a registered address at PO3 5QD, England, Portsmouth, 5 Interchange Park, Robinson Way.

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