Mje Projects Limited

Mje Projects Limited, based in Nottingham, UK, is a small, active family business founded fifteen years ago. With five employees and £365,676 in assets, the company operates from a virtual address—a detail flagged by the registration of 109 other companies at the same location. Two directors and two owners manage the business, which is an irregular importer of machinery, boilers, and mechanical appliances, with recent import activity recorded just one month ago. The company's website highlights its specialization in conveyor systems, offering custom solutions, maintenance, and support to various industries.

The website details Mje Projects’ focus on designing and manufacturing conveyor systems, emphasizing expertise, innovation, customized solutions, quality, and comprehensive support. It serves as a testament to the company’s commitment to delivering reliable and efficient conveyor systems tailored to specific needs. The company operates in the other business support service activities n.e.c. industries.

Financially, Mje Projects Limited presents a mixed picture. Accumulated depreciation on motor vehicles has risen by 68%, while plant machinery depreciation increased by 43%. Cash bank holdings decreased by 8.3%, and creditors have significantly increased, with liabilities after one year up 45% and within one year down 56%. Loan capital has seen an astonishing 11,000% increase, jumping to £24,000. Despite these challenges, net assets have fallen by 12%, and current assets have remained steady. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the increase in debt and decrease in equity warrant attention. No auditor is mentioned, likely due to the company's exemption as a small entity.

Overall, Mje Projects Limited appears to be navigating a period of change. While the conveyor systems business seems to be functioning well, the financial data suggests a need for careful management of debt and a focus on improving profitability.

Registered in England/Wales under the registration number 07216248, with a registered address at NG5 1AW, Nottingham, Nottinghamshire, 6 Clinton Avenue.

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