Jumo Uk Ltd

Jumo Uk Ltd from Riverway UK is a small, active company founded 46 years ago in 1979. With thirteen employees and £1,883,284 in assets, it operates from a real address in Harlow, Essex, and is led by three directors and a solo founder. The company regularly imports and exports optical and medical tools and devices, with a history of 125 months of imports and 41 months of exports.

The company’s website doesn’t give much away, but it seems to operate as an agent involved in the sale of a variety of goods. There's no obvious e-commerce presence, suggesting a business-to-business model rather than direct retail.

Financially, Jumo Uk Ltd presents a mixed picture. While net assets increased by 4.3% to £2,000,000, cash reserves fell by 12% to £600,000. Trade debtors remained stable at £310,000, but creditors decreased by 19% to £17,000, which is a good sign. Bank borrowings increased by 2400%, reaching £29,000, which is concerning. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned suggests that the accounts are unaudited.

The company's increase in bank borrowings may be a response to rising costs or an investment in new equipment. The decrease in cash reserves could be due to increased operational expenses or delayed payments from customers. However, the stable trade debtors and decreased creditors suggest that the company is managing its short-term liabilities effectively. The financial data, though, doesn’t mention if the company is burning through money or not.

Registered in England/Wales under the registration number 01410418, with a registered address at CM20 2DY, Riverway, Harlow, Essex, Jumo House, Temple Bank.

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