Mjb Distribution Ltd

Mjb Distribution Ltd from Sutton UK: small company, active status, founded 7 years ago, 1 employee, £21,699 assets, virtual address, 1 director, 1 owner. Regular importer of electrical machinery and equipment (3 months imported). It’s a small business, meeting two of three conditions to be classified as such: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. The company has been active since its incorporation on March 10, 2018, and operates with a single employee, managing a range of brands focused on musical equipment and audiovisual systems. The address, while registered, is likely a virtual one, as forty-five other companies share the same location.

The company’s website highlights its distribution of brands like Soundsation, Peace, Helvia, and CentoLight, catering to musicians, lighting designers, and audiovisual system integrators. It appears to operate primarily as a wholesale distributor, connecting manufacturers with retailers and installers. There's no obvious e-commerce presence for direct consumer sales, suggesting a business-to-business model. Interested parties are encouraged to contact the company directly to explore partnership opportunities, and the site includes contact details and a copyright notice.

Financially, Mjb Distribution Ltd shows some encouraging trends, but also some areas for attention. Cash reserves have increased significantly by 410% to £1,900, and bank borrowings have decreased by 28% to £3,500. However, creditors have increased by 29% to £18,000 within a year, and net assets have only risen slightly to £290. The company’s small size helps it remain agile, but the increase in creditors suggests a need to manage short-term liabilities. The accounts are unaudited and prepared under the small entities regime, so the figures rely on director-reported data. It's worth noting that the company's retained earnings have also increased, which is a positive sign.

Registered in England/Wales under the registration number 11246607, with a registered address at SM1 2NB, United Kingdom, Sutton, Surrey, 41 Oldfields Road.

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