Mjm Foods (wigan) Ltd

Mjm Foods (wigan) Ltd, based in Skelmersdale, UK, is a small, active company founded fourteen years ago in 2011. It employs eleven people and holds £1,701,428 in assets. With three directors and one owner, the company operates from a real address and regularly imports prepared or preserved plant-based foods, with activity recorded for eleven months, the latest in February 2025.

The company's website reveals a focus on wholesale food distribution, primarily serving the poultry and meat processing industries. It offers a range of products, including frozen poultry, meat, and associated ingredients, sourced from various suppliers. The site highlights its commitment to quality, reliability, and competitive pricing—a common strategy for attracting business customers. While it doesn's appear to be an e-commerce site, the website serves as a catalog and contact point for potential clients.

Financially, Mjm Foods (wigan) Ltd shows a mixed picture. Current assets increased by 27% to £1,700,000, while net assets grew by 30% to £1,100,000. Bank borrowings surged by 96% to £340,000, and cash reserves rose by 58% to £260,000. Creditors decreased by 20%, suggesting better debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the increase in bank borrowings warrants closer attention. There is no auditor mentioned, likely exempt as a small company, so the figures rely on unaudited statements.

Despite the growth in assets, the increase in bank borrowings suggests the company is investing in its business or managing working capital needs. The company’s reliance on imports, combined with fluctuating commodity prices, could present challenges. Overall, Mjm Foods (wigan) Ltd seems to be holding its own, but the financial trends indicate a need for careful monitoring and strategic planning.

Registered in England/Wales under the registration number 07489958, with a registered address at WN8 9PN, England, Skelmersdale, Unit 1 Pendle Place, West Pimbo.

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