Mjl Properties Limited

Mjl Properties Limited is a small, active company based in Croydon, UK, founded 22 years ago in 2002. It employs just two people and operates from a virtual address, registered at Freedman House, Christopher Wren Yard. The company has two directors and four owners, and is described as a family business. It regularly imports electrical machinery and equipment, with 11 months of import activity recorded, though the last import was back in 2020.

The company’s primary focus appears to be property renovations and decorating, as evidenced by its website, MJL Property Services. It offers a range of services, from small repairs to full refurbishments, catering to both residential and commercial clients across Berkshire, Surrey, and Greater London. The website highlights 18 years in business, 282 completed projects, and a focus on quality craftsmanship and customer service. It’s clear they’re aiming to be a one-stop shop for property owners, offering everything from painting and decorating to plastering and flooring.

Financially, Mjl Properties Limited shows a mixed picture. Assets have decreased slightly, falling 6.9% to £600,000. Bank borrowings have reduced by 21%, dropping to £94,000, and cash reserves have fallen dramatically, plummeting 90% to just £470. Creditors have also decreased, falling 6.3% to £220,000. The company meets two of three conditions to be classified as small (turnover under £10.2m, balance sheet under £5.1m, fewer than 20 employees), and is exempt from an audit, so the figures are unaudited.

Overall, Mjl Properties Limited seems to be navigating a period of change. While the business is active and has a strong reputation for property services, the decline in cash reserves is a concern. It's possible that the company is reinvesting in growth, but the financial data suggests a need for careful management.

Registered in England/Wales under the registration number 04580611, with a registered address at CR0 1QG, England, Croydon, Surrey, Freedman House Christopher Wren Yard, 117 High Street.

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