John Perkins Projects Ltd

John Perkins Projects Ltd from Epsom UK: a small, active company founded 22 years ago, employs two people, and holds £298,934 in assets. It operates from a virtual address – seventy nine other companies are registered there – and is led by two directors and two owners, with a solo founder at its helm. The company is an irregular importer, bringing in furniture, lighting, and prefabricated buildings, though only for a couple of months in 2022.

The business is involved in the construction of domestic buildings, and while it’s small – meeting two of three conditions to be classified as such (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees) – it’s a long-standing operation. Its website is not available for review.

Looking at the financial data, John Perkins Projects Ltd’s current assets have decreased by 15% to £300,000, and bank borrowings have increased by 59% to £120,000. Cash reserves have also grown, however, from £74,000 to £120,000. Creditors have decreased by 24% to £220,000, which is a positive sign. Trade debtors have, however, fallen by 35% to £180,000. The company’s equity has increased by 5.9% to £100,000, which is a good indicator of financial stability. The company is not audited, which is common for small entities.

The trends suggest that John Perkins Projects Ltd is managing its finances reasonably well, despite the decrease in current assets. The growth in cash reserves and decrease in creditors are encouraging signs, and the increase in equity is a positive development. It's possible the company has been working to improve its cash flow management, which could explain the changes in its financial position.

Registered in England/Wales under the registration number 04584478, with a registered address at KT18 7PF, England, Epsom, Surrey, 8/10 South Street.

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