Mj Wine Cellars Limited

Mj Wine Cellars Limited, based in Leighton Buzzard, UK, is a small, active company founded five years ago. With two employees and £235,144 in assets, it’s a solo-founded operation led by a single director and owner, Janjo Magnavai. The company enjoys a stellar 5.0 Google rating from 14 reviews and operates from a real address. It’s a regular importer of drinks, alcohol, and vinegar, with 43 months of import activity recorded.

The company’s website, mjwinecellars.com, is a fully functional e-commerce platform. It sells a curated selection of wines, primarily from smaller producers in France, Italy, and Spain. The site features detailed product descriptions, tasting notes, and high-quality images, creating an appealing online shopping experience. The website also highlights a "Cellar Master Wine Club" offering benefits like discounts, exclusive access to new releases, and invitations to online tasting events. It also has a mailing list signup.

Financially, Mj Wine Cellars Limited shows a mixed picture. Current assets have increased significantly by 160% to £240,000, while cash reserves have jumped by a remarkable 490% to £49,000. However, creditors have also risen sharply, increasing by 210% to £180,000. Trade debtors have increased by 220% to £100,000, which could indicate a shift towards offering credit to customers. Equity has also increased by 76% to £51,000. The company meets the criteria for a small business, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. No auditor is mentioned, likely due to its small size and exemption from an audit.

Overall, Mj Wine Cellars Limited appears to be growing, with increased assets and cash reserves. However, the rise in creditors and debtors suggests it’s managing its finances carefully. The company’s strong online presence and positive customer reviews indicate a solid foundation for continued success, but it will need to keep a close eye on its cash flow to navigate any future challenges.

Registered in England/Wales under the registration number 12210837, with a registered address at LU7 3FF, United Kingdom, Leighton Buzzard, 3 Hockliffe Road.

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