JVS (UK) LTD
JVS (UK) Ltd are one of the largest UK Manufacturers of high pressure jet wash hose assemblies, with over 35 Years Combined knowledge and expertise in the hose manufacturing industry. They are currently seeking funds for expansion.
Providing state of the art high pressure jetwash hose assemblies
Providing our growing client list with a high-quality service whilst giving them a one-stop hose solution space is a top priority. We stock a large range of hose types and colour ranges and have the very latest and up to date hose end fittings for all major machine manufacturers. We also manufacture cold water pressure washers to customer specification and import a large range of pressure washer spare parts.
Our history and expertise in the sector has resulted in the growth of the company. We are committed to providing a service which gives our clients peace of mind by offering expert advice and cutting edge assemblies. During this phase of expansion, we are seeking funds for stock and working capital.
The director is providing a personal guarantee, this means that if the business fails, the director becomes personally liable for the loan. The director is a homeowner, however, this does not ensure there are sufficient assets should the loan need to be recovered. There have been no CCJs for the business or director. In 2021, admin costs were £173,443 and other operating income was £58,127. The admin expenses in the 2021 financial table below includes other operating income. The Equifax score and grade, on which we base our assessment of risk, are based on the 2021 accounts. We have performed our assessment on recent financial information, including recent management accounts, which were not available to Equifax. As of Dec 2021, the management accounts show that the profit before taxation was £125,883 and net equity was £280,855. The bank statements demonstrate reasonable affordability and the accounts remain well in credit.
Like many businesses, the pandemic created obstacles for JVS (UK) Ltd. However, these challenges were overcome and the company proved good resilience.
Where will the funds go?
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"Providing state of the art high pressure jetwash hose assemblies"