M&j Traders Limited

M&J Traders Limited, based in Aldershot, UK, is a small, active company founded nine years ago in 2016. Employing five people and holding £46,549 in assets, it operates from a real address shared by two other companies. The business is led by one director and owner, Tanvir Shazia. It’s an irregular importer, primarily dealing in cocoa and cocoa products, with recent activity recorded just two months ago in May 2023.

The company’s website reveals a focus on bicycle wholesale, operating as MJ Distributors Ltd. They serve independent bicycle dealers, offering over 4,000 lines from various brands, both through a cash-and-carry warehouse and overnight delivery services. The business emphasizes competitive pricing, low overhead thanks to no sales reps, and a family-run ethos. They even offer same-day deliveries via their own van.

Financially, M&J Traders Limited presents a mixed picture. Cash bank on hand has fallen significantly by 69%, down to £13,000, while bank borrowings have decreased by 11% to £21,000. Creditors have also fallen, both after one year and within one year, suggesting improved debt management. However, trade debtors have increased, reaching £7,400. Equity has risen by 45% to £5,600, and net assets are up too. It’s a small company, meeting two of three criteria for size (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees). The accounts are described as “filleted” and unaudited, relying on director-reported data.

Overall, M&J Traders Limited seems to be navigating a period of change. The bicycle wholesale business appears to be running smoothly, but the financial data suggests some challenges, though nothing too alarming.

Registered in England/Wales under the registration number 10103851, with a registered address at GU12 4FY, England, Aldershot, 318 Woodland Walk.

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