J P Sports Limited

J P Sports Limited is a small, active company based in Burnham-On-Crouch, UK, established thirteen years ago in 2011. With four employees and £1,541,056 in assets, it operates from a real address and is overseen by one director and one owner. The company regularly imports footwear and related items, with its last import activity recorded three months ago in February 2022. It's a private limited company registered in England/Wales, operating in the wholesale of clothing and footwear industries.

The company’s website, jp-sports.co.uk, showcases a range of sporting goods, apparel, and footwear, targeting schools, clubs, and retailers. While not a full-blown e-commerce platform, it functions as a catalogue and contact point, suggesting a more traditional wholesale model with a modern online presence. It appears to be a B2B operation, focusing on supplying goods rather than direct consumer sales.

Financially, J P Sports Limited presents a mixed picture. Current assets have increased by 15% to £1.5 million, while net assets have decreased by 13% to £560,000. Bank borrowings have significantly increased, with an overdraft of £120,000 reported, a notable change from the previous year. Cash reserves have fallen by 82% to £15,000, indicating potential cash flow pressures. Trade debtors have decreased by 47%, which could be a positive sign of improved collection efficiency, but creditors have also increased substantially, by 67%. 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 nimble, but the decline in equity warrants attention. The accounts are unaudited, and no auditor is mentioned, which is typical for a small company.

The sharp decrease in depreciation for commercial motor vehicles, plant machinery, and tools equipment is also notable. While this could be due to asset disposals, it could also indicate a slowdown in investment or a change in accounting practices. The company's reliance on a single director, Mr. Sims, could also present a management risk, although it's common in smaller, family-run businesses. Overall, J P Sports Limited seems to be navigating a challenging financial landscape, balancing growth with cash flow management.

Registered in England/Wales under the registration number 07831960, with a registered address at CM0 8PZ, Burnham-On-Crouch, Essex, 26a Mill Road.

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