Mj Supply 99 Ltd

Mj Supply 99 Ltd, based in Romford, UK, is a small, active company founded four years ago. It’s a solo venture, employing just one person and holding £5,327 in assets. The company, led by a single director and owner, operates an e-commerce site and has earned a perfect 5.0 Google rating from one review. It’s a real address, with only three companies registered there, suggesting legitimacy.

The company’s website showcases a range of packaging solutions, specializing in bags and boxes for takeaway and food service. Products include SOS bags, paper straws, fish and chips bags, and large takeaway bags—all available for online purchase. The site emphasizes quick delivery and accepts a wide range of payment methods, from American Express to PayPal. It’s clearly focused on serving the food and hospitality industries with essential packaging supplies.

Financially, Mj Supply 99 Ltd shows a concerning trend. Current assets have fallen by a significant 56%, dropping to £5,300, while equity has plummeted 75%, leaving just £1,700. Cash reserves have also declined sharply, falling 59% to £5,000. Creditors have decreased by 36%, which is a positive sign, but the overall picture is one of shrinking financial stability. The company's small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s nimble, but the substantial equity decline is a red flag. No auditor is mentioned, so the figures are unaudited.

In short, Mj Supply 99 Ltd is facing financial headwinds. While its e-commerce site appears functional and well-stocked, the numbers suggest the company is burning through cash and needs to address its declining equity. It’s a small operation, and its future depends on reversing these trends.

Registered in England/Wales under the registration number 12896639, with a registered address at RM1 1TE, United Kingdom, Romford, 1-2 Floor 138 South Street.

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