J.w. Martin Limited

J.w. Martin Limited, based in Castlereagh, Northern Ireland, is a small, active company with a rich history spanning 85 years. Founded in 1940, it employs eight people and holds assets worth £896,945. The company, led by two directors and owned by Martin David, maintains a real registered address and boasts a respectable Google rating of 4.0 based on six reviews. It’s a regular importer, specializing in textile products, used clothing, and rags, with 149 months of import activity recorded.

The company operates in the manufacture of other textiles n.e.c. industries, and its website, while not providing detailed e-commerce information, suggests a focus on packaging supply. It’s a private limited company with a long-standing presence in the region.

Financially, J.w. Martin Limited presents a mixed picture. Current assets have decreased by 9.9% to £900,000, while net assets have increased by 3.8% to £980,000. Bank borrowings have significantly reduced by 67%, down to £14,000, and cash reserves are a modest £75. Creditors have surged by 220%, reaching £130,000, which could indicate increased investment or supplier relationships. Trade debtors have risen by 16%, suggesting a focus on sales growth. 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. No auditor is mentioned, likely due to the small company exemption.

The sharp increase in creditors, while potentially positive, warrants closer scrutiny. It’s possible the company is expanding its operations or taking on larger projects, but it’s also important to monitor its ability to manage these increased obligations. The company’s long history and established presence in the textile industry, however, provide a solid foundation for continued success.

Registered in Northern Ireland under the registration number NI001429, with a registered address at BT5 6QR, Castlereagh, Belfast., C/O J W Martin Ltd, Prince Regent Road.

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