M.j. Allen Castings And Machining Ltd

Mj Allen Castings and Machining Ltd, based in Ashford, UK, is a well-established company with a 35-year history. It's a large company employing 88 people and boasting assets of £2,991,842 and yearly revenue of £9,952,763. The company is a holding company with an active status and is overseen by six directors and one owner. It has a 5.0 Google rating based on 13 reviews. Mj Allen is a regular exporter, specializing in machinery, boilers, and mechanical appliances, with 48 months of export activity recorded.

The company’s website details a broad range of services, from castings and machining to quality testing and fabrication. It’s clear they operate a full-service engineering business, catering to sectors like aerospace, military defence, automotive, and medical. They even cast parts for Big Ben, a testament to their long-standing reputation and expertise. The website highlights their ability to handle projects from concept to finishing, all under one roof.

Financially, Mj Allen Castings and Machining Ltd presents a mixed picture. While turnover increased by a solid 30%, reaching £10 million, cash reserves declined by 23%, settling at £1,300,000. Bank borrowings increased by 11%, reaching £200,000. Creditors decreased by 10%, suggesting improved debt management. A significant drop in accumulated depreciation impairment property plant equipment was observed, falling by 34% to £3,400. The company's size (meeting two of three criteria for a large company) and lack of an auditor (likely exempt) mean the figures are unaudited.

Overall, Mj Allen Castings and Machining Ltd appears to be a stable, established business, but the dip in cash reserves warrants monitoring. Their diverse service offerings and long history suggest resilience, and the company's continued success hinges on maintaining its reputation for quality and innovation.

Registered in England/Wales under the registration number 02378447, with a registered address at TN24 8DE, England, Ashford, Kent, Javelin House, Henwood Industrial Estate.

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