Jtp Products Ltd

Jtp Products Ltd, based in London, UK, is a small, active company founded nine years ago in 2015. Employing just one person, it holds £19,244 in assets and operates from a virtual address shared by nineteen other companies. With four directors and a solo founder, Hatfield John, at the helm, the company has a respectable Google rating of 4.0 based on 48 reviews. It functions as an irregular importer of stone, plaster, cement, and similar materials, with its last import activity recorded one month ago.

The company’s website, Just Taps, showcases a wide range of bathroom and kitchen products, from taps and showers to mirrors and radiators. It appears to be primarily an e-commerce operation, offering a curated selection of items and encouraging customers to find their nearest JTP retailer. The site also highlights new products, such as toilet paper holders and shower arms, and provides resources like cleaning maintenance guides and downloadable product information.

Financially, Jtp Products Ltd presents a mixed picture. Current assets have decreased by 34%, falling to £19,000, while net assets have plummeted 46%, reaching -£41,000. Cash reserves have also taken a hit, declining 94% to just £250. While creditors remain steady at £75,000, and fixed assets have decreased by 12%, the significant equity drop suggests the company is burning through cash. The company meets two of three conditions to be considered small, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. As a small company, it’s exempt from an audit, so the figures are unaudited.

Despite the financial challenges, Jtp Products Ltd maintains a strong online presence and a positive customer rating. Whether it can sustain its growth and profitability remains to be seen, but its focus on quality products and customer service gives it a fighting chance.

Registered in England/Wales under the registration number 09559993, with a registered address at N1 7GU, England, London, 20-22 Wenlock Street.

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