L.& R.josyfon Limited

L & R Josyfon Ltd, based in Maidstone, UK, is a small, active company with a long history, having been founded 64 years ago in 1961. The company employs 11 people and holds assets totaling £5,769,094. It operates from a virtual address – registered at an address shared by 119 other companies – and is overseen by four directors and one owner. Google reviews are excellent, boasting a perfect 5.0 rating based on a single review. The company is an irregular importer, specializing in basic metal tools and utensils, with the last import activity recorded one month ago in January 2020.

The company’s website, L R Josyfon, suggests a business with a surprisingly diverse history. It features login portals for employees and partners, and mentions established policies like CAHRA and RJC. Most notably, it references "Established in 1915," implying a lineage far older than the company’s official incorporation date. The website also highlights a business called "1066 Pianos" which is a high-end piano restoration business.

Financially, L & R Josyfon Ltd shows a mixed picture. Cash bank on hand increased dramatically by 110% to £730,000, a positive sign. However, creditors also increased by 20% to £1.2 million. Current assets decreased by 5.4% to £5.8 million, while net assets remained stable at £4.7 million. Trade debtors also decreased slightly by 5.3% to £740,000. The company's small size—meeting two of three conditions for being classified as small—helps it remain flexible, but the increase in creditors should be watched. The company is exempt from an audit, so the figures are unaudited.

Overall, L & R Josyfon Ltd appears to be financially stable, although the increase in creditors warrants further investigation. The company’s long history and diverse business interests—from metal tools to piano restoration—suggest a resilient and adaptable operation.

Registered in England/Wales under the registration number 00686131, with a registered address at ME14 1JP, United Kingdom, Maidstone, Kent, 2nd Floor Medway Bridge House, 1-8 Fairmeadow.

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