Jqc Ltd

Jqc Ltd from Bradford UK: a small, active company founded five years ago, is facing some financial headwinds. With three employees and £147,449 in assets, the company operates as a regular importer of vehicles, parts, and accessories (excluding trains and trams), with its last import activity recorded fourteen months ago. The company has one director and no owners reported, and its registered address is real, with only one other company registered at the same location. However, it’s currently overdue on both its accounts and confirmation statements.

The company’s website showcases a broader scope of services beyond importing. JQ Contractors provides bathroom fit-outs, kitchen fit-outs, mould damp treatment, painting, decorating, plumbing, and void works. The site emphasizes a reliable team, personalized service, and a commitment to quality – “it’s in our name!” – alongside testimonials praising their work. They also boast 50 completed projects, 50 clients, and 50 workers employed, although this figure likely refers to a broader network rather than direct employees.

Financially, Jqc Ltd is showing concerning trends. Current assets have decreased by 16%, dropping to £150,000, and net assets have plummeted to -£8,100. Bank borrowings have significantly reduced, falling by 11% to £36,000, while cash reserves have also declined by 27% to £11,000. Creditors have decreased by 14% to £160,000, and loans from directors have fallen by a substantial 79% to £12,000. The company’s small size (meeting two of three criteria for a small company) helps it remain agile, but the negative equity and declining cash reserves suggest it’s burning through money. The lack of an auditor mentioned—likely due to its small size—means the figures are unaudited.

It's clear Jqc Ltd is facing challenges. While its website portrays a thriving contracting business, the financial data paints a picture of a company struggling to maintain a healthy bottom line.

Registered in England/Wales under the registration number 12062329, with a registered address at BD3 0DZ, England, Bradford, Unit 3 Unit 3, Rees Way.

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