M.j. Allen Holdings Limited

Mj Allen Holdings Ltd, based in Ashford, UK, is a holding company established 63 years ago, active and boasting a 5.0 Google rating from one review. The company employs nine people and holds assets valued at £5,106,875. It operates from a real address shared by nine other companies, managed by four directors and overseen by one owner. Regular importer and exporter of vehicles, parts, and accessories (excluding trains and trams), with 154 months of import activity and 263 months of export activity.

The company’s website reveals a diverse range of engineering and fabrication businesses operating under the M.J. Allen Group umbrella. These include specialist casting and machining, architectural metalwork, precision tooling, automotive parts, and transmission engineering. The group emphasizes British engineering expertise and serves a worldwide audience. Five individual businesses contribute to an annual turnover exceeding £35 million.

Financially, M.J. Allen Holdings Ltd shows some concerning trends. Accrued liabilities have increased significantly by 110%, while bank borrowings have decreased by 1.8%. Cash bank on hand, however, has skyrocketed by an impressive 56,000%, reaching £850,000. Creditors have also decreased by 60%, suggesting improvements in debt management. Despite these fluctuations, the company’s net assets have increased by 6.1%, indicating a generally healthy financial position. The company’s current assets have also increased by 2.8%.

The company’s financial statements are unaudited, which is common for smaller businesses. The increase in liabilities and decrease in cash, however, warrants further scrutiny. It’s possible the company is investing in growth, but the sharp changes in these key metrics suggest a need for careful financial management. The company’s auditor is Kreston Reeves LLP.

Registered in England/Wales under the registration number 00699347, 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.