Jota Development Limited

JOTA Advanced Engineering, a division of the JOTA Group, is a precision engineering specialist born from the success of its parent company’s award-winning sports and aviation sectors. The company, based in the UK, employs a small team of 24 people and holds assets worth approximately £860,000. They offer a wide range of services including CNC milling, 3D printing, laser etching, and design prototyping, catering to industries like motorsport, composites, and beyond. Their website showcases a gallery of their work, highlighting their expertise in crafting complex components from materials like aluminium, stainless steel, and plastics.

JOTA Advanced Engineering’s website is primarily informational, acting as a digital brochure for their engineering capabilities. It doesn’t appear to be an e-commerce platform; instead, it focuses on showcasing their services, highlighting their expertise, and providing contact information for potential clients. The site emphasizes their tailored approach, quality assurance, and commitment to innovation. It’s a professional and well-designed online presence, reflecting the precision and attention to detail that defines their engineering work.

Financially, JOTA Advanced Engineering presents a mixed picture. While cash reserves have grown significantly, increasing by 91% to £3.9 million, other key metrics show signs of strain. Creditors have risen sharply, increasing by 66% to £8.7 million, and net assets have fallen by 74% to -£1.1 million. Trade debtors have also increased, rising by 170% to £3.8 million, suggesting potential challenges in collecting payments. Despite these concerns, the company’s retained earnings have improved slightly. The company is not audited, and the financial data is unaudited.

It’s likely that the increase in creditors reflects investment in equipment or expansion of operations, while the rise in debtors could be due to offering more flexible payment terms to clients. The decrease in equity, however, is a cause for concern and may indicate that the company is burning through cash faster than it’s generating revenue. The company’s determination to use a forward-thinking attitude to develop JOTA into one of the foremost technology driven brands may be a factor in these changes.

Registered in England/Wales under the registration number 08757518, with a registered address at TN3 9BT, Tunbridge Wells, Kent, Stubby Grove Farm Bells Yew Green Road, Bells Yew Green.

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