Niki Jones Ltd

Niki Jones Ltd from Glasgow UK is a small, active company founded sixteen years ago. With three employees and £324,723 in assets, it operates from a virtual address—a point to note as thirty-eight companies are registered at the same location. The company is led by one director and owned by Jones Niki, who also changed the list of owners nine years ago. It’s a regular importer and exporter of furniture, lighting, and prefabricated buildings, with twenty-four months of import activity and four months of export activity recorded.

The company’s website, Niki Jones Hand Crafted Homewares, showcases a diverse collection of throws, cushions, rugs, and kitchenware, alongside custom rug services and interior consultancy. It emphasizes hand-crafted homewares, provenance, and skilled craft, sourcing products from artisans in India and Nepal. The website also features a blog with inspiration and stories, highlighting collaborations with interior designers and historic buildings.

Financially, Niki Jones Ltd shows some concerning trends. Cash bank on hand dropped by 25% to £230,000, while current assets decreased by 18% to £320,000. Creditors fell by a significant 55% to £70,000, which is a positive sign, but trade debtors jumped 56% to £6,000—suggesting potential payment delays. The company’s net assets remained stable at £250,000. Average number of employees increased by 33% to four. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay nimble, but the decrease in cash reserves and increase in trade debtors warrant attention. As a small company, it is exempt from an audit, so the figures are unaudited. It’s worth noting that the company’s fixed assets decreased by 35% to £37,000.

Registered in Scotland under the registration number SC355687, with a registered address at G73 1BZ, Scotland, Glasgow, 159 King Street, Rutherglen.

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