Jurassic Fossils Ltd

Jurassic Fossils Ltd, based in Scunthorpe, UK, is a small, active company founded eight years ago. With two employees and £48,987 in assets, it operates from a real address and is overseen by two directors and one owner. The company runs an e-commerce site and regularly imports and exports art and antiques – 18 months of import activity and 9 months of export activity recorded, with the latest operations both occurring in November 2024. It operates in the other retail sale not in stores, stalls or markets industries.

The company’s website, while not providing extensive details, suggests a focus on fossil-related items and potentially other collectibles. It’s unclear how closely the “Jurassic Fossils” name relates to the broader art and antiques trade, but the company seems to be carving out a niche within this market.

Financially, Jurassic Fossils Ltd presents a mixed picture. Cash bank on hand has significantly decreased by 83%, dropping to £1,200, which could indicate reinvestment in the business or increased operational expenses. Bank borrowings have also been reduced by 30%, a positive sign of improved debt management. However, accrued liabilities remain steady at £1,200. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decline in cash reserves warrants attention. Creditors have increased by 19%, which may be related to increased stock levels to meet demand. The company’s equity has increased by 49%, which is a positive sign.

The lack of an auditor mentioned (likely exempt as a small company) means the figures rely on unaudited statements. Overall, Jurassic Fossils Ltd appears to be navigating a period of change, with both challenges and opportunities ahead.

Registered in England/Wales under the registration number 10547660, with a registered address at DN15 9QN, England, Scunthorpe, 118 North Street, Winterton.

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