Jme Ltd

Jme Ltd, based in Lowestoft, UK, is a small, active company with a 38-year history. Employing 34 people and holding assets of £6,815,916, it’s a well-established player in its field. Founded by a solo entrepreneur, the company now has three directors and one owner, Victoria Doris Macleod. Jme Ltd regularly imports and exports optical and medical tools and devices – 267 months of import activity and 365 months of export activity recorded.

The company's website, salesjme.co.uk, reveals a focus on advanced inspection systems. Jme Ltd manufactures and sells a wide range of NDT (Non-Destructive Testing) products, catering to industries like oil & gas, renewable energy, aerospace, and defence. They offer pipeline crawlers, portable X-ray betatrons, wireless systems, and even provide training and equipment rental. The website also showcases case studies demonstrating the use of their products in real-world projects. It’s clear Jme Ltd isn's just a supplier; they offer solutions and expertise.

Financially, Jme Ltd’s report shows some interesting trends. While cash reserves increased by a healthy 47% to £2.9 million, trade debtors decreased by 11% to £2 million. Creditors, however, increased by 330% to £1.1 million, which could indicate increased reliance on short-term financing. Net assets grew by 3.5% to £7.2 million, and bank borrowings dropped significantly by 98% to just £14,000. The company’s small size – meeting two of three criteria for a small company – helps with agility, but the large increase in creditors is something to keep an eye on. The company’s report doesn’t mention an auditor, likely due to its small company status.

Overall, Jme Ltd appears to be a stable, well-established business with a strong focus on specialized equipment and services. While the increase in creditors is a slight concern, the company's overall financial position seems reasonably healthy, and its focus on niche markets suggests a sustainable business model.

Registered in England/Wales under the registration number 02056386, with a registered address at NR32 1EQ, Lowestoft, Suffolk, Electron House, Old Nelson Street.

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