Mj Monaco Ltd

Mj Monaco Ltd, based in Ashford, UK, is a small, active company founded four years ago. It’s a solo venture, run by a single director and owner, Andrews Paula Ann. Currently, the business employs one person and holds £6,067 in assets, operating from a virtual address where sixteen other companies are also registered. The company's status is active, but confirmation is overdue by seven months.

The business operates in a few areas: retail clothing, watches and jewellery, and agents involved in the sale of various goods. It’s an irregular importer of clocks, watches, and their parts, with the last import operation occurring in March 2023, and a regular exporter of headgear and accessories, with the last export operation in August 2024.

Financially, things look a bit shaky. Net assets have taken a significant hit, dropping by 150% to -£42,000. Cash bank on hand has also decreased by 20%, down to £5,600. Trade debtors have shrunk dramatically, falling by 87% to just £430, which could indicate a focus on cash sales or difficulties collecting payments. However, creditors have also decreased by 18%, suggesting some improvements in debt management. The company's small size – meeting two of three criteria for a small company – allows for agility, but the substantial equity decline is a cause for concern. There's no auditor mentioned, which is common for small companies exempt from an audit. The company's unaudited financial statements rely on director-reported data.

Mj Jones Official Site, the company’s website, showcases a wide range of fine jewellery, from rings and bracelets to personalised gifts and bespoke creations. The site emphasizes British craftsmanship, offering both online sales and a showroom in Harrods, London. It even highlights collaborations with musicians and sports teams, indicating a focus on branding and prestige. The website's content suggests a strong emphasis on marketing and customer engagement, with blog posts, social media links, and a dedicated "About Us" section.

Registered in England/Wales under the registration number 12850772, with a registered address at TN24 8JR, England, Ashford, 1st Floor 30 North Street.

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