Jumbocruiser Limited

Jumbocruiser Limited, based in Torquay, UK, is a small, family-run business with an active status, celebrating 20 years since its founding in 2004. Employing 20 people, the company operates from a virtual address—a point of concern given that 137 other companies are registered at the same location. Led by three directors and two owners, Jumbocruiser boasts a respectable Google rating of 4.0 based on six reviews. The company is an irregular importer, primarily dealing in vehicles, parts, and accessories, with the last import operation occurring in February 2023.

Jumbocruiser's core business revolves around providing luxurious sleeper coaches, also known as band buses and nightliners, mainly for the music and entertainment industry. The company's website highlights its fleet's low average age (under four years) and offers features like internet access, air conditioning, and even a coffee machine. Beyond coach chartering, Jumbocruiser also offers American motorhomes, makeup trailers, and articulated dorm trailers. They even provide services like work permit assistance for musicians and partnerships with tour production companies. Testimonials from tour managers praise the drivers’ understanding and helpfulness.

Financially, Jumbocruiser Limited presents a mixed picture. Accumulated Amortisation Impairment Intangible Assets increased by 4.3%, while Accumulated Depreciation Impairment Property Plant Equipment saw a significant rise, with Vehicles increasing by 13%. However, the company’s average number of employees decreased by 20%, and cash reserves fell by 42% to £300,000. Bank borrowings were drastically reduced, dropping 90% to £43,000, and creditors decreased by 38%. Despite this, the company’s trade debtors increased by a substantial 77%, indicating a possible shift in payment terms. The company’s small size—meeting two of three conditions for being considered small—allows for agility, but the decline in equity warrants closer examination. As a small company, it is exempt from an audit, relying on unaudited financial statements.

Overall, Jumbocruiser Limited appears to be navigating a period of change. While its niche market and reputation for quality service seem strong, the financial data suggests a need for careful management to ensure long-term sustainability.

Registered in England/Wales under the registration number 05256810, with a registered address at TQ2 7FF, Torquay, Devon, Sigma House Oak View Close, Edginswell Park.

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