Jolaaccessories Ltd

Jolaaccessories Ltd from Derby UK: a small, active company founded six years ago, boasts £12,730 in assets, operates from a real address, and is led by one director and owner – a solo founder. It’s a compact operation, meeting two of three conditions to be classified as small: turnover less than £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

The company's focus is retail sale via mail order houses or via internet, operating in the competitive world of online commerce. There's no website to analyse, so it’s difficult to gauge the scale of its online presence or specific product offerings.

Financially, Jolaaccessories Ltd presents a mixed picture. Cash bank on hand has fallen significantly, dropping 86% to just £120—a considerable decrease from the previous year's £860. Current assets have remained relatively stable, increasing by a modest 0.97% to £13,000, while debtors have risen by 7.3% to £13,000. Equity, however, has also remained steady at £13,000. The company's small size and exemption from an audit (as a small company) mean the figures are unaudited. The accounts are described as "filleted," suggesting a simplified reporting format. While the business is active, the decline in cash reserves warrants attention. It’s possible the company is reinvesting in inventory or marketing, but the trend suggests a need for careful cash flow management. The lack of employees (zero reported) indicates a lean operation, which can be both an advantage and a disadvantage.

Registered in England/Wales under the registration number 11517868, with a registered address at DE23 8JD, England, Derby, 163 Holcombe Street.

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