Jy House London Ltd

Jy House London Ltd is a small, active company based in London, UK, founded three years ago in 2022. It employs just three people and holds £99,248 in assets. With two directors and two owners, it operates from a real address at 5 Calico Row, and is registered under the Companies House number 13998243. The company’s primary business involves importing furniture, lighting, and prefabricated buildings, though its import activity has been irregular, with just two months of imports recorded as of December 2022.

The company’s website, while basic, reveals a broader range of activities. It lists wholesale and retail of beverages, coffee, and even human health activities. This suggests a diverse portfolio, although the focus on importing furniture remains apparent. The site is functional, but lacks the polish of a thriving e-commerce business.

Financially, Jy House London Ltd presents a mixed picture. Current assets have decreased by 23% to £99,000, while net assets have fallen 50% to -£120,000. Bank borrowings are stable, and cash reserves have increased by 120% to £4,500. Creditors have also decreased slightly. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor is typical for a small, exempt company.

The company’s financial trajectory suggests a period of adjustment. While the increase in cash reserves is positive, the decrease in net assets and current assets indicates potential challenges. The diverse range of activities listed on the website could be a sign of diversification efforts, but it also raises questions about focus and efficiency. It's a small company with a lot of potential, but it needs to find a way to turn its diverse interests into sustainable profitability.

Registered in England/Wales under the registration number 13998243, with a registered address at SW11 3YH, England, London, 5 Calico Row.

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