Mjm Digital Ltd

Mjm Digital Ltd is a small, active company based in London, UK, founded seven years ago in 2018. It's a solo-founded operation with one director and owner, boasting £78,293 in assets and a real registered address. The company operates in the retail sale via mail order houses or via internet industries.

The company’s website, MJM Digital Group, reveals a more expansive scope. It’s presented as a US-based company focused on three core business areas: household appliances and electronics, digital marketing services, and the commercialization of polypropylene and aluminum products. The website emphasizes a commitment to modern living, customer service, and innovation—a clear effort to project a larger, more sophisticated image than its small size might suggest. They even have a contact form, which is good.

Financially, the picture is mixed. Cash reserves took a significant hit, dropping 69% to just £21,000. Trade debtors increased by a substantial 38%, reaching £57,000, which could indicate a shift towards offering more credit to customers, or perhaps some payment delays. Equity also declined by 19%, settling at £76,000. On the positive side, creditors decreased by a notable 88%, suggesting improved debt management. The company meets the criteria for being a small company, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. No auditor is mentioned, which is common for companies of this size.

Overall, Mjm Digital Ltd seems to be navigating a period of change. While its cash position has weakened, the company’s efforts to diversify its offerings and improve its financial management are encouraging. It’s a small company, but it’s clearly trying to grow—and hopefully, it’s got a good plan for doing so.

Registered in England/Wales under the registration number 11206044, with a registered address at WC1R 5JD, United Kingdom, London, 9 Gray's Inn Square.

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