Joalpe International Uk Limited

Joalpe International Uk Ltd from Dewsbury UK: a small, active company founded 26 years ago, employs 11 people, and holds assets valued at £1,931,757. With a real address, three directors, and one owner, the company regularly imports plastics and plastic products (8 months) and exports iron or steel products (7 months). It’s a small business as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, and employees less than 50.

The company operates in the other retail sale of new goods in specialised stores industry, and it seems to be primarily a trading business. There’s no website listed, so it’s unlikely to be a direct-to-consumer e-commerce operation. Instead, it likely sources products and sells them to retailers or other businesses.

Financially, Joalpe International Uk Ltd presents a mixed picture. While bank borrowings have decreased significantly by 34%, dropping to £170,000, cash reserves have increased by a substantial 27% to £420,000. Creditors have remained relatively stable, but trade debtors have risen by 4.1%, suggesting a potential need to manage customer payments more effectively. The company’s net assets have grown by 8.5% to £1.5 million, indicating a strengthening financial position. However, accumulated depreciation on plant and machinery has increased by 8.5%, which could be a sign of aging equipment. The company’s fixed assets have remained constant at £1 million. The company’s net current assets liabilities have also increased by 18%.

It’s worth noting that the company is exempt from an audit as a small company, so the financial statements are unaudited. The figures rely on director-reported data, and there’s no mention of an auditor. Overall, Joalpe International Uk Ltd appears to be financially stable, but the increase in trade debtors warrants attention.

Registered in England/Wales under the registration number 03580122, with a registered address at WF12 7TH, Dewsbury, West Yorkshire, Unit 5 Flagship Square, Shawcross Business Park Shawcross.

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