M.d.j. Light Brothers (scrap Processers) Limited
- Large
- Active
- 53 years
- 109 employees
- £5,408,469 (assets)
- £31,342,671 (revenue)
- Virtual address
- 2 directors
- 2 owners
- Regular importer
- Regular exporter
- Family business
- Rating 5.0 (1)
Two conditions of three:
1.Turnover > £36 million
2.Balance sheet total > £18 million
3.Average number of employees > 250
Field of Operation
Website
Phones
Summary
Mdj Light Brothers Scrap Processers Ltd from Hailsham UK is a large, active company established 53 years ago. Employing 109 people, it holds £5,408,469 in assets and generates £31,342,671 in yearly revenue. Despite having a virtual address, it's a family business with two directors and two owners. It boasts a perfect 5.0 Google rating based on one review. The company irregularly imports optical and medical tools and devices (one month imported), and regularly exports aluminum and aluminum products (53 months exported).
This company operates in the treatment and disposal of hazardous waste, dismantling of wrecks, remediation activities, and other waste management services. It also handles treatment and disposal of non-hazardous waste industries. While the website is not available, it’s clear the company is deeply involved in the recycling and waste management sector.
Financially, the picture is mixed. Accrued liabilities decreased significantly, falling by 62%, while depreciation on leased assets has increased. Bank borrowings have surged, rising by a whopping 240%, and cash reserves have dropped by 55%. Despite this, creditors have also decreased, suggesting a possible effort to manage debt. The company is classified as large, meeting two of three criteria: turnover exceeding £36 million, balance sheet total exceeding £18 million, and more than 250 employees.
The company’s large asset base and revenue generation indicate a solid foundation, but the decrease in cash reserves and increased borrowing warrant closer attention. The reliance on leased assets, as evidenced by the substantial depreciation expense, suggests a strategy of minimizing capital expenditure. The lack of an auditor mentioned, likely due to its size, means the financial data is unaudited, but the trends are still apparent.
Registered in England/Wales under the registration number 01028890, with a registered address at BN27 1DW, Hailsham, East Sussex, 30/34 North Street.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Light Jonathan Michael
- 9 years
- 1
- 25%+
-
Resident of United Kingdom
-
Individual
- Light Michael David Joseph
- 9 years
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- Light Michael David Joseph
- N/A
- 1
-
Resident of United Kingdom
-
Individual
- Light Jonathan Michael
- 26 years
- 3
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted three months ago.
Last news
-
Full accounts made up to 2024-04-30Download 28 pages pdf report
-
Confirmation statement made on 2024-12-31 with no updatesDownload 3 pages pdf report
-
Director's details changed for Mr Jonathan Michael Light on 2023-12-01Download 2 pages pdf report
M.d.j. Light Brothers (scrap Processers) Limited controls
Owns & Controls
-
Corporate
- Light & Seg Limited
- 9 years
- 75%+
-
Resident of United Kingdom
-
Corporate
- Wasterec Limited
- 9 years
- 75%+
-
Resident of United Kingdom
Importer profile by HS codes
Last imported products
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Exporter profile by HS codes
Last exported products
Similar exporters
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FAQ about M.d.j. Light Brothers (scrap Processers) Limited
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