John Dron Limited

John Dron Ltd from Milton Keynes UK: a small, active company founded 86 years ago, employs four people, and holds £643,390 in assets. It operates from a real address and is managed by three directors and two owners. The business runs an e-commerce site and has a stellar Google rating of 5.0 based on four reviews. It’s a regular importer of textile products, sets, used clothing, and rags, with 21 months of import activity recorded.

The company's website showcases a long history of supplying hotels with high-quality linen, dating back 80 years. It now offers these products to individual customers as well, highlighting a shift towards broader retail sales. The site features a wide range of items, from bathroom essentials to face masks and table linens, catering to both hospitality and home use. It emphasizes next-day delivery and unbeatable prices, hallmarks of a competitive online retailer.

Financially, John Dron Ltd’s recent performance shows some concerning trends. Current assets have fallen by 12% to £640,000, and net assets have decreased by 4.3% to £230,000. Cash reserves have dropped by a significant 45% to £71,000, while bank borrowings have increased. Creditors have also decreased, suggesting better debt management. The company meets two of three conditions to be considered small—turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees—which helps it maintain agility. No auditor is mentioned, likely due to its small size.

Overall, John Dron Ltd appears to be a well-established business facing some financial headwinds. Its long history and reputation for quality are strengths, but the declining cash reserves and increasing borrowings warrant close monitoring. It’s a business that’s been around for a long time, and hopefully, it will continue to thrive.

Registered in England/Wales under the registration number 00351037, with a registered address at MK13 7HD, Milton Keynes, Buckinghamshire, 43 Blundells Road, Bradville.

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