Majestic Worldwide Limited

Majestic Worldwide Limited is a small, active company based in Pontefract, UK, founded six years ago in December 2018. The company holds £12,330 in assets and generates £7,342 in yearly revenue, employing no staff. It’s a solo-founded operation managed by a single director and owner, Amjad Mahwish. The business operates in the retail sale via mail order houses or via internet industries and is an irregular importer, with its top import category being Leather goods, travel bags, and animal harnesses, imported for one month. The last import operation was conducted on May 01, 2020.

The company’s website, Majestic International Freight Forwarding Limited, reveals a different, more established venture. Founded in 1991, this international freight forwarding business is based in Dover, Kent, and prides itself on offering personalised logistics services tailored to client needs. It caters to a wide range of clients, from small businesses to multinational corporations, and specialises in movements of Fine Art, Wine, Motor Car Parts, Chemicals, and Pharmaceuticals. The company is a trading member of the British International Freight Association (BIFA) and operates from Whitecliff House, Poulton Close, Dover, Kent.

Financially, Majestic Worldwide Limited presents a mixed picture. While turnover increased by a solid 58% to £7,300, net assets declined by 1.5% to -£60,000. Bank borrowings remained steady at £11,000, but cash reserves only slightly increased to £4,200. Creditors also decreased by 1.2% to £38,000, suggesting some improvement in debt management. 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 negative equity and losses of -£900 raise concerns. The accounts, which were prepared by AQ Accountants Ltd, are unaudited, as is typical for small companies. It's likely that the company is burning through money, though it’s also possible that the losses are a result of investments in growth.

Registered in England/Wales under the registration number 11706976, with a registered address at WF9 2RJ, England, Pontefract, West Yorkshire, 9b Barnsley Road, South Elmsall.

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