Mj Ventures Ltd

Mj Ventures Ltd from Northolt UK is a small, active company founded two years ago. It’s a private limited company with a real address, managed by one director and owned by one person – the solo founder. The company operates in the retail sale via mail order houses or via internet industries.

The company’s website is minimal, offering little insight into its operations beyond its core business. There’s no obvious e-commerce presence, suggesting a reliance on external platforms or direct sales rather than a dedicated online store. This lack of a visible online retail operation makes it difficult to assess its current activity level.

Financially, Mj Ventures Ltd presents a concerning picture. While technically meeting the criteria for a small company (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), its financial health appears fragile. Net assets are currently at a negative £200, indicating the company is technically in debt. Cash reserves are a meager £1,900, and bank borrowings are £2,000. While creditors remain stable at £2,100, the significant negative equity and low cash position suggest the company is burning through money. The accounts are filleted and unaudited, meaning they haven’t been independently verified, and there’s no mention of an auditor. The company's small size exempts it from an audit, but the lack of external scrutiny adds to the uncertainty. The accounts were prepared using Taxfiler software.

Despite these challenges, the company’s active status and the presence of a dedicated director and owner suggest a continued effort to sustain operations. However, without a visible online presence and with concerning financial trends, Mj Ventures Ltd faces an uphill battle.

Registered in England/Wales under the registration number 14744139, with a registered address at UB5 6UQ, England, Northolt, 12 Dolphin Road.

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