Jolliman Essentials Ltd

Jolliman Essentials Ltd, based in West Bromwich, UK, is a small, active company founded nine years ago. With 18 employees and £998,438 in assets, it operates a real address and is led by one director and owner. The company runs an e-commerce site and has a Google rating of 3.0 based on 38 reviews, regularly importing iron or steel products over the last nine months.

The company’s website showcases a wide range of classic menswear, including trousers, shirts, and clothing for gentlemen, alongside a diverse selection of home goods, wellbeing products, and garden supplies. It's clear they're targeting a broad customer base, offering everything from high-end fashion to practical home essentials. The site also has a quick order menu and catalogue request feature, suggesting a focus on both online and traditional mail-order sales.

Financially, Jolliman Essentials Ltd presents a mixed picture. Cash bank on hand has dramatically decreased by 72%, falling to £41,000, which is a significant drop. Creditors have surged by 630% to £360,000 within a year, and a further 3.6% within a year, which could indicate increased borrowing or delayed payments. However, current assets have risen by 25% to £1,000,000, and net current assets have increased by 330% to £230,000, suggesting improved liquidity. Equity, however, has plummeted by 370% to -£95,000, which is a worrying trend. 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 agility, but the equity decline needs attention. No auditor is mentioned, which is common for small companies.

Overall, Jolliman Essentials Ltd appears to be navigating a period of change. While it’s showing signs of growth in assets and current liquidity, the sharp decline in equity and the increased reliance on credit are concerning. The company’s diverse product range and established e-commerce presence offer potential for future success, but careful financial management will be crucial.

Registered in England/Wales under the registration number 10023147, with a registered address at B70 0DJ, United Kingdom, West Bromwich, West Midlands, 177-181 Great Bridge Street.

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