Mj Lights Ltd

Mj Lights Ltd is a small, active company based in Newport, UK, founded eleven years ago in 2014. The business, with three employees and £386,674 in assets, operates from a real address and is led by a single director and owner, Jabczynski Matthew Paul. It's a regular importer, specializing in electrical machinery and equipment, with eight months of import activity recorded, the latest in November 2024. The company’s website is non-existent.

The business operates in the "other service activities n.e.c." industry, a broad category encompassing a variety of services. While no specific details about its operations are available, its import activities suggest a focus on supplying electrical components or equipment to other businesses.

Financially, Mj Lights Ltd presents a mixed picture. Current assets have decreased by 16%, falling to £390,000, while bank borrowings have increased significantly, rising by 150% to £15,000. Cash reserves have also declined by 31%, dropping to £280,000. Creditors have decreased by 41%, which is good. Despite these fluctuations, the company’s equity has increased by 37%, reaching £900,000, indicating a strengthening financial position overall. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decrease in cash warrants attention. No auditor is mentioned, likely due to the company’s small size and exemption from an audit.

Registered in Wales under the registration number 08988130, with a registered address at NP19 4PP, United Kingdom, Newport, Unit 19 East Bank Road, Felnex Industrial Estate.

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