Jobyco Shipping Limited

Jobyco Shipping Ltd, based in Luton, UK, is a small, active company founded 21 years ago. With 25 employees and £427,659 in assets, it operates from a real address and is managed by two directors and two owners. The company maintains an e-commerce site and enjoys a strong Google rating of 4.0 based on 1076 reviews. Jobyco Shipping is an irregular importer of cereal and milk-based food products (last import in January 2022) and a regular exporter of furniture, lighting, and prefabricated buildings (last export in December 2024). It operates in the sea and coastal freight water transport industries.

The company’s website is not available, so it’s difficult to determine the full scope of its operations beyond the import/export activities. However, the presence of an e-commerce site suggests a focus on online sales and customer engagement.

Financially, Jobyco Shipping Ltd presents a mixed picture. Accumulated depreciation for furniture fittings increased by 14%, while land and buildings saw a similar rise. Average employee numbers grew by 12%, indicating expansion. Bank borrowings decreased significantly, a positive sign, and cash reserves saw a substantial increase of 99%. However, creditors increased by 110%, and trade debtors rose by 40%. Equity remained constant. The company meets the criteria for a small company, with turnover less than £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned is typical for a small company, relying on unaudited statements.

Overall, Jobyco Shipping Ltd appears to be navigating a period of growth, with increased exports and cash reserves. The rise in creditors and debtors suggests a need for careful management of working capital. The company’s small size allows for agility, but the financial data indicates a need to keep a close eye on expenses and cash flow to ensure long-term sustainability.

Registered in England/Wales under the registration number 05046487, with a registered address at LU4 9UP, England, Luton, Unit 2 &3 Bay Close, Progress Way.

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