Majero Ltd

Majero Ltd, based in Walsall, UK, is a small, active company founded nine years ago. With three employees and £160,790 in assets, it operates as an irregular importer of electrical machinery and equipment, with its last import activity recorded one month ago in March 2023. The company has four directors and two owners, and its registered address is real, shared by eight other companies.

Majero Ltd focuses on business and domestic software development, offering solutions like BuddyCRM for sales teams and VenuIQ for venue management. It also provides consulting services, taking on around 34 projects annually, ranging from sales process analysis to IT strategy. The company's website highlights its commitment to quality software and customer experience, with a focus on boosting sales and enhancing customer interactions.

Financially, Majero Ltd presents a mixed picture. While its small size (meeting two of three conditions for a small company: turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, key metrics show some concerns. Accumulated amortisation impairment intangible assets increased by 22%, driven by development costs, and bank borrowings surged by 46%, reaching £29,000. However, creditors also increased by 8%, and cash bank on hand fell by 9.1%. Equity has taken a significant hit, dropping 56% to -£300,000. The company’s retained earnings and accumulated losses have been impacted. The lack of an auditor mentioned suggests it's likely exempt as a small company, so the figures rely on unaudited statements.

Overall, Majero Ltd seems to be navigating a challenging financial landscape, balancing its software development focus with ongoing financial pressures.

Registered in England/Wales under the registration number 09944296, with a registered address at WS9 8DT, England, Walsall, Unit N3a Westpoint Middlemore Lane West, Aldridge.

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