J.r. Finishright Limited

Jr Finishright Ltd, based in Horsham, UK, is a small, active company with a long history, having been founded 47 years ago in 1977. With 15 employees and £766,511 in assets, it’s a well-established operation. The company has a real registered address and is overseen by two directors and one owner, boasting a stellar 5.0 Google rating from four reviews. It’s an irregular importer, primarily dealing in optical and medical tools and devices, with its last import activity recorded just one month ago in April 2024.

The company's website is not available, so it’s difficult to determine the specifics of their operations beyond the import activity. However, the company operates in the “other service activities n.e.c.” industries, suggesting a diverse range of services.

Financially, Jr Finishright Ltd presents a mixed picture. Current assets have decreased by 15% to £770,000, while net assets have fallen by 1.6% to £710,000. Bank borrowings have decreased by 100%, reaching zero, and cash reserves have fallen by 36% to £170,000. Creditors have decreased by 64%, which is a positive sign. The company meets two of the three conditions to be considered small: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The decrease in cash reserves and increase in other creditors, however, may indicate some financial strain. The company is exempt from an audit as a small company, so the figures are unaudited.

The company’s average number of employees has decreased by 13% to 13, which could be a result of restructuring or changing market conditions. Depreciation on plant machinery has remained consistent, and the company has not reported any deferred tax. Overall, Jr Finishright Ltd appears to be a stable, albeit slightly challenged, business navigating the complexities of its industry.

Registered in England/Wales under the registration number 01345166, with a registered address at RH13 5PX, Foundry Lane, Horsham, J R Finishright, Mulberry Trading Estate.

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