Joe Browns Ltd

Joe Browns Ltd, hailing from Leeds, UK, is a sizable company with a holding structure, currently active. Established 34 years ago in September 1990, it employs 185 people and holds assets worth £18,903,975. The company generated a revenue of £40,563,291 in the last reported period. It operates from a real address, is overseen by four directors, and has one owner. Notably, it runs an e-commerce site and regularly imports and exports clothing and accessories, not knitted or crocheted.

Joe Browns is classified as a large company, having met two of three conditions: turnover exceeding £36 million and a balance sheet total surpassing £18 million, as well as having more than 250 employees. It operates as a holding company, and its status is currently active.

The company’s financial picture reveals some interesting trends. Accrued liabilities and deferred income decreased by 7.9%, while accumulated depreciation on computer equipment remained constant. A significant increase in administrative expenses—up 13%—suggests rising operational costs. Cash bank on hand dropped considerably, falling by 29%, and the company’s net assets also declined. However, there was a decrease in creditors, indicating improved management of short-term debts.

The company's revenue has remained consistent, but the decrease in cash and increase in administrative expenses are points to watch. The directors received no dividends during the year, and the company provided services to a related party, but it is exempt from disclosing transactions with wholly owned members of the group. The auditor, Mazars LLP, has not identified any material misstatements in the strategic report.

Overall, Joe Browns Ltd appears to be a well-established company navigating typical business challenges. The company's focus on wholesale and retail, coupled with its e-commerce presence, positions it within a competitive market.

Registered in England/Wales under the registration number 02540247, with a registered address at LS11 0BT, Leeds, Kandy Works, Brown Lane East.

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