Jlc Distribution Ltd

JLC Distribution Ltd, based in Bristol, UK, is a small, active company founded 14 years ago in 2010. With 29 employees and £2,875,088 in assets, it operates from a real address and is overseen by five directors and one owner. Boasting a perfect 5.0 Google rating from five reviews, the company is a regular importer and exporter of electrical machinery and equipment, with 323 months of import activity and 54 months of export activity recorded.

The company’s website positions JLC Distribution as a distributor of IT peripherals servicing the UK, Europe, and North America. Initially focused on retail sales, it now exclusively distributes its products to resellers. The site showcases a wide range of products, including phone and tablet cases, headsets, webcams, and SSDs, catering to various sectors like public, education, and corporate. JLC Distribution also offers personalised branding and product packages, highlighting its commitment to customer service and a broad product range.

Financially, JLC Distribution Ltd’s recent report presents a mixed picture. Current assets decreased by 10% to £2,900,000, while net assets increased by 4.3% to £2,100,000. Trade debtors surged by 41% to £1,700,000, suggesting increased sales on credit, and bank borrowings increased by 2,400% to £29,000. Cash reserves fell 59% to £500,000. 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 agility, but the increase in debt warrants attention. The company is exempt from an audit, so the financial statements are unaudited.

The increase in debt could be a result of expanding its product range or investing in marketing efforts to reach a wider customer base. The company's focus on providing solutions for businesses, coupled with its commitment to customer service, suggests a strategy of building long-term relationships and securing repeat business.

Registered in England/Wales under the registration number 07395569, with a registered address at BS3 2BJ, United Kingdom, Bristol, First Floor, Premier House 127 Duckmoor Road, Ashton Gate.

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