Jmd Technologies Limited

Jmd Technologies Limited is a small, active company from Malton, UK, established ten years ago in December 2014. The business, with twenty-eight employees and £1,018,422 in assets, operates from a virtual address—eighteen companies registered at the same location—and is led by a solo founder, Peter Ian Billington, who also serves as the director and owner. The company regularly exports electrical machinery and equipment, with twenty months of export activity recorded, the latest in October 2024, but has imported nothing for seven months.

Jmd Technologies Limited is part of a larger group, JDM Technology Group, which describes itself as providing “Global Software Solutions for Design, Construction, Operations, and Maintenance.” The group comprises thirty-four companies and serves over eighteen thousand customers, employing six hundred staff. JDM Technology Group’s website details a buy-and-build strategy, acquiring vertical market software companies to expand its offerings. The company's portfolio includes software for construction management, field service management, and electrical estimating, alongside solutions for maintenance management and risk management. It's a complex network of software providers, all operating under the JDM umbrella.

Financially, Jmd Technologies Limited’s recent performance shows a mixed picture. While current assets increased slightly to £1,000,000, net assets decreased significantly to £970,000—a drop of 8.5%. Bank borrowings increased by 25% to £240,000, and cash reserves fell 5.2% to £340,000. Creditors also increased by 27% to £290,000. The average number of employees decreased by 14%, falling to twenty-four. The company's small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the decrease in equity is a concern. The company is exempt from an audit, so the figures are unaudited.

Overall, Jmd Technologies Limited appears to be navigating a challenging environment. While it benefits from being part of a larger group and has a clear focus on software solutions for the construction industry, the recent financial results suggest a need for careful management and a focus on profitability.

Registered in England/Wales under the registration number 09352987, with a registered address at YO17 7AA, Malton, North Yorkshire, 13 Yorkersgate.

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