Jqe Ltd

Jqe Ltd from Birmingham UK: a small, active company founded seven years ago, employs six people, and holds £941,411 in assets. It’s a real address, managed by one director and one owner. The company regularly imports electrical machinery and equipment, with recent activity recorded just last month. Jqe Ltd operates in the retail sector, specifically dealing with both new and second-hand goods—a somewhat unusual combination.

The company's website is non-existent, which is not uncommon for smaller businesses focused on B2B transactions. This suggests a more direct sales approach rather than relying on online visibility. It’s likely they’re supplying businesses rather than directly selling to consumers.

Financially, Jqe Ltd’s picture is a bit mixed. While current assets have decreased by 11% to £940,000, a concerning trend is the significant drop in net assets, plummeting 5.2% to £800,000. Bank borrowings have also decreased by 30%, falling to £32,000, which is positive. However, cash reserves have taken a major hit, dropping 68% to just £150,000. Trade debtors have also seen a dramatic decrease, falling 78% to £64,000, which could indicate improved collection practices or a change in sales terms. A notable increase in total inventories, rising 140% to £730,000, suggests the company is holding more stock, potentially anticipating increased demand or facing supply chain challenges. The company’s small size—meeting two of three conditions for being classified as small—helps it remain flexible, but the decline in equity warrants a closer look. No auditor is mentioned, likely due to the company’s exemption as a small entity.

Overall, Jqe Ltd appears to be navigating a period of transition. While it's maintaining a steady stream of imports and operating in a niche retail sector, the financial data suggests a need to carefully manage cash flow and potentially re-evaluate inventory levels.

Registered in England/Wales under the registration number 11144138, with a registered address at B18 6DU, England, Birmingham, 39 Northampton Street.

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