Majestic Electronics Limited
- Small
- Holding
- Active
- 8 years
- £101,555 (assets)
- Real address
- 2 directors
- 2 owners
- Regular importer
- Regular exporter
- E-commerce
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Majestic Electronics Limited is a small, holding company based in London, UK, with an active status. Founded eight years ago in December 2016, the company holds £101,555 in assets and operates from a real address, employing two directors and two owners. It's a regular importer of electrical machinery and equipment, with six months of import activity recorded, and a regular exporter, boasting 21 months of export activity. The company's website showcases a range of 12V LED TVs, TV accessories, and antennas, primarily targeting the marine and RV markets.
The website, 12V LED TVs For Boats and RVs, highlights a focus on engineering excellence and state-of-the-art technology to withstand harsh environments. Products range from smart TVs with DVD and Bluetooth capabilities to specialized antennas and wall mounts. The site also features a blog and FAQs, demonstrating a commitment to customer education. Majestic Electronics has been engineering and developing 12 Volt Entertainment for the Marine and RV environment for over 20 years.
Financially, Majestic Electronics Limited shows a mixed picture. Cash bank on hand increased by 75% to £26,000, a positive sign. However, creditors rose significantly by 120%, reaching £26,000, and trade debtors decreased by 14%, dropping to £28,000. Net assets and net current assets both remained at -£72,000. Bank borrowings were stable at £11,000. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in creditors suggests a need for careful cash flow management. Recoverable value tax decreased by 49%, and the company’s description of principal activities was not stated. As a small company, it’s exempt from an audit, so the figures are unaudited. The accounts were prepared by Accounts and Legal Consultants Ltd.
Registered in England/Wales under the registration number 10525181, with a registered address at EC1V 2NX, England, London, Majestic Electronics Limited 124 City Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Corporate
- 2 years
- 25%+
-
Resident of Australia
-
Corporate
- 2 years
- 25%+
Managers
-
Individual
- 8 years
-
Resident of Australia
-
Individual
- 8 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eight months ago.
Last news
-
Total exemption full accounts made up to 2023-12-31Download 8 pages pdf report
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Confirmation statement made on 2024-09-22 with updatesDownload 4 pages pdf report
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Total exemption full accounts made up to 2022-12-31Download 8 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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Similar exporters
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FAQ about Majestic Electronics Limited
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