M.j. Allen Metalwork Ltd

MJ Allen Metalwork Ltd, based in Ashford, UK, is a sizable company with a 28-year history, currently employing 44 people. Holding assets valued at £1,492,622 and generating £4,579,961 in yearly revenue, it operates as a holding company with an active status. Six directors and one owner guide the business, which boasts a 3.0 Google rating from six reviews. The company’s registered address is real, with only nine companies sharing the same location.

The MJ Allen Group, as described on their website, brings British engineering expertise to a worldwide audience. They operate as a support and leadership team to five individual businesses, specializing in areas like machined castings, architectural metalwork, precision tooling, automotive parts, and transmission engineering. The group’s website highlights a family-owned structure, established in 1958, and a turnover exceeding £35 million. They even have a presence in Harrods with their piano restoration division, showcasing a diverse range of activities.

Financially, MJ Allen Metalwork Ltd’s recent report reveals a mixed picture. While cash bank holdings decreased by 33% to £110,000, revenue increased by 4.7% to £4,600,000. However, net assets dropped 16% to £1,300,000, and net loss increased to £140,000. Bank borrowings also increased significantly. Despite these challenges, creditors decreased by 12%, suggesting improved debt management. The company is exempt from an audit due to its size, so the figures are unaudited.

Overall, MJ Allen Metalwork Ltd appears to be navigating a period of change, with revenue growth offset by some financial pressures. The group's diversified business portfolio and strong engineering focus should help it weather these challenges, but close monitoring of its financial health will be crucial.

Registered in England/Wales under the registration number 03221867, 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.