S J International Ltd

S J International Ltd is a small, active company founded 28 years ago, operating out of Newtownards, Northern Ireland. With four employees and £696,535 in assets, it’s a modest operation managed by three directors and one owner. The company, which has a real address, regularly imports optical and medical tools and devices, with 22 months of import activity recorded.

The company’s website, while not detailed, indicates a focus on manufacturing, specifically within the “other manufacturing n.e.c.” industries. It's unclear if they operate an e-commerce site themselves, but their activities appear to be primarily business-to-business rather than direct consumer sales.

Financially, S J International Ltd presents a mixed picture. Cash reserves have increased dramatically, soaring by 1300% to reach £160,000, a significant boost. However, equity has decreased by 19% to £240,000, and net assets have also fallen by 17% to £270,000. Bank borrowings have seen a substantial increase, rising by 22% for overdrafts and a staggering 590% for current financial instruments, reaching £220,000. Creditors have also increased significantly, jumping 190% to £420,000, while debtors have risen by 28% to £420,000. The company’s small size—meeting two of three conditions for being classified as small—helps it maintain agility, but the decrease in equity warrants attention. The company’s accounts are unaudited and exempt, relying on director-reported data.

The sharp increase in bank borrowings, alongside the decrease in equity, suggests the company may be reinvesting heavily in its operations, perhaps to expand its import activities or pursue new ventures. However, it also raises questions about its long-term financial sustainability. It's likely the company is relying on its established relationships with suppliers and customers to navigate these financial pressures.

Registered in Northern Ireland under the registration number NI031035, with a registered address at BT23 4YH, 11 Jubilee Road, Newtownards.

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