Jotul (uk) Limited

Jotul (UK) Limited, based in Droitwich, UK, is a small, active company founded 25 years ago in 1999. It employs six people and holds £1,382,738 in assets, though it operates from a virtual address shared by 597 other companies. The company has four directors, but no owners are reported. It’s a regular importer of iron or steel products (33 months), with the last import operation in 2018, but an irregular exporter of printed materials like books and pictures (2 months), also last seen in 2018.

The company’s website, Jotul Group Spares, focuses on supplying genuine spare parts for Jotul, Scan, and Ild stoves. It’s a dedicated online store, not an e-commerce platform selling new stoves. Customers can identify their stove model and order parts, with a note that some items may take up to six weeks to arrive. The site highlights a network of official UK dealers and includes sections for outdoor fires, gas stoves, and accessories. It's a specialist retailer, catering to a niche market of stove owners.

Financially, Jotul (UK) Limited shows a mixed picture. Cash bank on hand increased by a significant 14% to £1.2 million, a positive sign. However, accrued liabilities deferred income dropped by 43% to £25,000, and amounts owed by group undertakings decreased by 43% to £100,000. Corporation tax payable jumped dramatically by 900% to £24,000, while corporation tax recoverable disappeared entirely. Debtors fell by a substantial 42% to £160,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile. The accounts are unaudited, and the firm is exempt from having an auditor.

Overall, Jotul (UK) Limited appears to be financially stable with a good cash position, but the sharp increase in corporation tax payable and the decrease in debtors are points to watch. The company’s focus on spare parts and its established brand within the stove market suggests a resilient business model, though it’s likely dependent on the continued popularity of its parent brands.

Registered in England/Wales under the registration number 03879828, with a registered address at WR9 9AY, United Kingdom, Droitwich, Worcestershire, The Oakley, Kidderminster Road.

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