Jtb Developments Ltd

Jtb Developments Ltd, based in London, UK, is a small, active company founded 11 years ago in 2014. With four employees and £68,382 in assets, it operates from a real address in Hanworth Road, London. The company is led by three directors and owned by three individuals, with a solo founder at its helm. Jtb Developments Ltd is an irregular importer, primarily dealing in iron or steel products, with its last import operation recorded just one month ago in September 2024.

The company’s core business revolves around the development of building projects, construction of domestic buildings, and other building completion and finishing services. It's a private limited company, and its website, while not providing extensive details, suggests a focus on construction-related services. The company is a small business, meeting two of three criteria for classification (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees).

Financially, Jtb Developments Ltd’s recent performance presents a mixed picture. Cash reserves have significantly decreased by 58%, dropping to £31,000, while current assets have also fallen by 36% to £68,000. Trade debtors have increased by 24%, reaching £23,000, which could indicate an increase in sales or potentially delayed payments. However, creditors have also decreased by 24%, suggesting improved debt management. Depreciation charges on vehicles have increased, which is normal as the company invests in its assets. The company’s equity has slightly increased by 2.1%, but it’s important to note that the figures are unaudited and rely on director-reported data. There is no auditor mentioned.

Overall, Jtb Developments Ltd appears to be navigating a period of financial adjustment. While sales seem to be holding steady, the decrease in cash reserves and current assets suggests a need for careful financial planning. The company’s small size and focused operations could provide agility, but it’s crucial to monitor its financial health closely.

Registered in England/Wales under the registration number 08886047, with a registered address at TW4 5PR, England, London, 741 Hanworth Road.

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