Jojay Sciences Limited

Jojay Sciences Limited is a small, active company based in London, UK, founded six years ago in 2018. With £92,923 in assets and a virtual address shared by 316 other companies, it's a compact operation managed by one director and owner, Nyambura Bildad Kimani. The company operates in the other research and experimental development on natural sciences and engineering industries and is an irregular importer, primarily dealing with optical and medical tools and devices, with just one month of import activity recorded as of October 2023.

The company’s website, infojojaysciences.com, highlights its capabilities in particle size reduction, analytical testing, and processing services. It emphasizes developing innovative respiratory pharmaceutical products and offers support services. The site gives the impression of a research-focused business, although the limited information suggests a small-scale operation.

Financially, Jojay Sciences Limited shows a mixed picture. Current assets increased by 39% to £93,000, while cash reserves dropped 36% to £43,000. Trade debtors surged significantly, reaching £50,000, suggesting a reliance on customer payments. Creditors also increased, though at a smaller rate, and equity rose by 40% to £98,000. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in debtors could indicate challenges in collecting payments. With no auditor mentioned (likely exempt as a small company), the unaudited figures rely on director-reported data.

Overall, Jojay Sciences Limited appears to be a small, research-focused company navigating the challenges of a startup. Its virtual address and limited financial resources suggest a lean operation, but the growth in assets and equity indicates potential for future expansion.

Registered in England/Wales under the registration number 11636274, with a registered address at W1W 7LT, England, London, First Floor, 85 Great Portland Street.

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