JGB CONTRACTS LTD
Company number 09169495 · Monitor this company
The annual accounts for this company are overdue.
Executive summary
JGB Contracts Ltd presents a concerning financial profile within the UK road freight sector: whilst demonstrating rapid asset growth, the business is critically undercapitalised with net assets of just £4,928 against total liabilities of £193,889 and a worsening working capital deficit of £40,213. The company's "Proposal to Strike off" status and overdue accounts filing compound these structural weaknesses, suggesting potential financial distress rather than sustainable growth. In an industry where balance sheet resilience is essential for absorbing fuel volatility, regulatory costs, and payment term pressures, JGB's highly leveraged position leaves it acutely vulnerable to any disruption in trade or creditor support.
Shareholders' funds
£4,928
Balance sheet as at 2024-07-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 2014-08-11
- Registered office
- 10 Osprey Place Osprey Place, Guys Industrial Estate North, Ormskirk, Lancashire, England, L40 8TG
- Postcode
- L40 8TG
- Capital
- 100 GBP
- Accounts category
- Micro
- Charges
- 0 outstanding
Accounts
- Last made up to
- 2024-07-31
- Next due by
- 2026-04-29 Overdue
- Financial year end
- 29 July
Confirmation statement
- Last statement dated
- 2026-01-02
- Next due by
- 2027-01-16
Nature of business (SIC)
- 49410 Freight transport by road
- 96090 Other service activities not elsewhere classified
Officers 1 current · 1 resigned
Previous registered addresses 3
| Address | Changed on |
|---|---|
| 2 THE BOSKINS CHURCH ROAD, TARLETON, PRESTON, PR4 6UP, ENGLAND | 2020-02-18 |
| 27 THE CHIMES, TARLETON, PRESTON, PR4 6WD, ENGLAND | 2020-02-18 |
| MARSHALLS FARM MIDDLE MEANYGATE, TARLETON, PRESTON, LANCASHIRE, PR4 6LP | 2016-05-23 |
The class of 2014
14%
of the 11,043 companies in this sector incorporated in 2014 are still active today; 80% have since been dissolved.
A fact about the year, not a forecast for this company.