Juratek Limited

Juratek Ltd from Doncaster UK: a large company, holding company, active status, founded 42 years ago, employing 57 people, holding £16,187,015 in assets, and generating £24,754,741 in yearly revenue. It has a real address, five directors, and one owner, boasting a 4.0 Google rating based on 25 reviews. The company regularly imports and exports vehicles, parts, and accessories (excluding trains and trams), with 238 months of import activity and 173 months of export activity.

Juratek’s website paints a picture of a company focused on automotive components. It’s clear they supply both the retail and commercial markets, with a focus on quality and technical expertise. They employ a team of engineers who develop products to industry standards, utilizing computer-aided design and manufacturing processes. The website also highlights services like data supply to TecDoc, new product releases, and marketing support, including leaflet design and image libraries. A surprising element is the mention of a VRM lookup for vehicle applications, showing a commitment to modern technology.

Financially, Juratek appears to be in a mixed state. While turnover increased slightly to £25 million, net assets decreased by 11%, falling to £9.6 million. Bank borrowings have significantly reduced, dropping 80% to just £22,000, which is a positive sign. However, cash reserves have also declined by 23%, sitting at £1.6 million. Trade debtors have increased by 15%, suggesting potential delays in customer payments. Despite these fluctuations, Juratek meets the criteria for a large company, having met two out of three conditions: turnover exceeding £36 million, balance sheet total exceeding £18 million, and employing more than 450 people. The lack of a mention of an auditor suggests the company is exempt from full auditing requirements.

Overall, Juratek Ltd seems to be a well-established player in the automotive components market, navigating typical financial pressures while maintaining a focus on quality and customer support. The company’s long history and diverse services suggest a resilient business model, though close monitoring of debtor management and cash flow will be important going forward.

Registered in England/Wales under the registration number 01640124, with a registered address at DN6 7FB, England, Doncaster, South Yorkshire, Unit 3 Rockingham Way, Redhouse Interchange.

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