Jp Foods (scotland) Limited

Jp Foods (scotland) Limited, based in Glasgow, UK, is a small, active family business founded twelve years ago. With 26 employees and £3,247,781 in assets, the company operates from a virtual address – 54 other companies are registered at the same location – and is overseen by two directors and two owners. Its Google rating stands at a respectable 4.0 based on ten reviews. The company regularly imports paper and paperboard products, with five months of import activity recorded.

The company’s website, InvoiceRun, suggests a cash-and-carry wholesaler in Glasgow. It seems to be a B2B operation, catering to businesses rather than individual consumers. While the website doesn’t explicitly mention e-commerce, the presence of an invoice system hints at online order processing, although it’s likely a supplementary feature rather than the core business model.

Financially, Jp Foods (scotland) Limited shows a mixed picture. While net assets increased by 23%, reaching £1,600,000, cash reserves grew a healthy 66% to £860,000. However, bank borrowings decreased by 50% to £35,000, and accrued liabilities increased significantly by 350% to £52,000. Trade debtors remained relatively stable, while creditors increased by 35% to £1,900,000. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the increase in liabilities may indicate a need for careful cash flow management. The lack of an auditor mentioned suggests the company is exempt from an audit as a small entity.

The company’s financial data suggests it's not burning through money at an alarming rate, but it’s also not generating substantial profits. The increase in liabilities could be due to increased stock levels to meet demand, or perhaps investments in new equipment or marketing efforts. The fact that the company is a regular importer of paper and paperboard products could also be a factor, as fluctuations in exchange rates and shipping costs can impact profitability.

Registered in Scotland under the registration number SC442864, with a registered address at G3 7SP, Glasgow, Lanarkshire, 9 Royal Crescent.

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