J M Supplies Ltd

J M Supplies Ltd, based in Basildon, Essex, is a small, active company founded 21 years ago in 2003. With £109,099 in assets and a real registered address, it employs ten people and is run by three directors and two owners, making it a family business. The company operates primarily as a regular exporter of furniture, lighting, and prefabricated buildings, with five months of export activity recorded as of November 2024, but it also engages in irregular importing of jewelry, precious stones, and metals, with just two months of import activity recorded as of March 2019.

The company's website, JM Supplies, positions itself as a bathroom, plumbing, and heating specialist. It emphasizes over forty years of face-to-face trading and a commitment to competitive pricing. The website details a wide range of products and services, including bathroom suites, plumbing supplies, heating appliances, and installation services. It’s clear the company is targeting both trade professionals and retail customers. Opening hours are clearly stated, and the site includes copyright information indicating a connection to JM Builders Merchants Ltd.

Financially, J M Supplies Ltd presents a mixed picture. Current assets decreased by 11% to £110,000, while net assets plummeted 19% to -£240,000—a significant decline. Bank borrowings decreased by 41%, reaching £14,000, and cash reserves fell 44% to £19,000. Creditors increased by 31%, suggesting a need to manage debt. 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 agile, but the sharp equity drop raises concerns. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, J M Supplies Ltd appears to be facing financial challenges, despite its established presence and clear focus on the bathroom and heating market. The company’s ability to navigate these pressures will depend on its ability to maintain customer loyalty and effectively manage its finances.

Registered in England/Wales under the registration number 04845325, with a registered address at HG1 2BS, England, Harrogate, Unit 2 Hydro Business Park, Ripon Rod.

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