Jz Group 1 Ltd

Jz Group 1 Ltd, based in London, UK, is a small, active company founded five years ago. With just three employees and £366 in assets, it operates from a virtual address—a detail flagged by the presence of 204 other companies registered at the same location. The company is led by a solo founder who also serves as director and owner. It regularly imports and exports footwear and related items, with activity recorded over the past three months.

The company’s website is not available, so it’s difficult to know exactly what they are doing. However, the company operates in the retail sale of clothing in specialised stores industries.

Financially, Jz Group 1 Ltd is showing some concerning trends. While the company is small (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), its equity has taken a significant hit, dropping 72% to -£320,000. Cash bank on hand has plummeted 99%, leaving just £370. Current assets have also fallen dramatically, decreasing 100% to just £370. On the positive side, creditors have decreased by 8%, suggesting some improvement in debt management. It's worth noting that the company's net current assets liabilities have increased by 330%. The company is not audited, so the figures are unaudited.

The sharp decline in equity and cash reserves suggests the company is burning through money. While the company’s regular import and export activity indicates ongoing business, the financial data raises questions about its long-term viability.

Registered in England/Wales under the registration number 12401299, with a registered address at N3 2LT, United Kingdom, London, First Floor, 314 Regents Park Road, Finchley.

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