Jworks Trading Ltd

Jworks Trading Ltd, based in Chessington, UK, is a small, active company founded eight years ago in 2016. It employs a single person and holds £51,535 in assets, operating from a virtual address shared by 69 other companies. With one director and owner—a solo founder—the company boasts a stellar 5.0 Google rating from 69 reviews. It’s an irregular importer, primarily dealing in printed materials like books, newspapers, and pictures, with just two months of import activity recorded as of November 2018.

The company’s website, Jworx, focuses on classic and modern car repairs and servicing. Based in the Cotswolds, it offers a range of services, from diagnostics and MOTs to restoration work, catering to both classic and modern vehicles. The site highlights a friendly, honest approach and showcases recent projects involving prestigious brands like Ferrari, Jaguar, BMW, and Lamborghini. It’s a trusted garage for car enthusiasts, offering a blend of expertise and personalized service.

Financially, Jworks Trading Ltd presents a mixed picture. Current assets decreased by 17% to £52,000, while net assets increased by 53% to £47,000. Cash reserves also increased by 3.6% to £51,000. Creditors decreased significantly by 86% to just £4,400, suggesting improved debt management. However, trade debtors plummeted by 97% to a mere £310, which could indicate a shift in payment terms or a reduction in outstanding invoices. 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 significant decrease in debtors is something to keep an eye on. With no auditor mentioned, the figures are unaudited.

Overall, Jworks Trading Ltd seems to be holding its own, but the sharp decline in debtors warrants further investigation. The car repair business, meanwhile, appears to be thriving, leveraging its reputation for quality and personalized service.

Registered in England/Wales under the registration number 10483732, with a registered address at KT9 1SD, United Kingdom, Chessington, Suite 41 Chessington Business Centre, 37 Cox Lane.

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