Jsr Haulage Ltd

Jsr Haulage Ltd, based in Grays, UK, is a small, active company founded 14 years ago. With 15 employees and £408,457 in assets, it’s a family-run operation with two directors and a solo founder, Singh Rai Thaminder. The company, registered at a real address, primarily imports machinery, boilers, and mechanical appliances parts, though only for short periods—the last import was back in September 2022.

The company’s LinkedIn profile highlights its presence in the freight transport by road industry, and it’s a small business, meeting two of three criteria for being considered small (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees). It also seems to be a regular importer, though not a large one.

Financially, Jsr Haulage Ltd shows some interesting trends. Bank borrowings have decreased significantly, dropping 64% to £10,000—a positive sign. Cash reserves, however, have skyrocketed by 30,000%, reaching £7,300, which is a very large increase. Creditors have also increased by 18%, and current assets have risen by 11% to £410,000. Perhaps the company has been able to manage its debts more effectively. Equity has improved dramatically, increasing by 290% to £33,000, which is a very good sign.

Despite these improvements, the company’s net current assets have increased by 35%, and the company is still burning through cash. The company is also facing higher taxation and social security payments. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Jsr Haulage Ltd seems to be navigating a complex financial landscape. The company is clearly working to improve its cash flow, but it’s still facing some challenges.

Registered in England/Wales under the registration number 07462999, with a registered address at RM17 5NX, Grays, Essex, 53 Whitehall Road.

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