Mjm Industrial Limited

Mjm Industrial Ltd from Colnbrook UK is a small holding company with an active status, established 24 years ago in 2000. Employing 23 people and boasting assets of £8,454,664, the company operates from a real address and is overseen by four directors and one owner. It's a regular importer and exporter, bringing in electrical machinery and equipment for 18 months and sending it out for 8 months, with the latest export operation taking place in October 2024.

The company's website details its operations in the repair of machinery, wholesale of other machinery and equipment, and the installation of industrial machinery and equipment. It appears to be primarily a B2B operation, rather than an e-commerce site, focusing on industrial clients. It’s a contractor based in Slough, England, and registered with Companies House.

Financially, the company’s numbers show some interesting trends. While net assets increased by 4.7% to £7.9 million, cash reserves decreased by 4.8% to £5.8 million. Bank borrowings have increased significantly, surging by 100% to £180,000, which could indicate increased investment or working capital needs. Trade debtors have ballooned by 180%, suggesting potential issues with customer payments. Creditors also increased substantially, by 100%, which could be related to the increased borrowing or supplier costs. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There's no mention of an auditor, which is consistent with its status as a small, exempt company.

The increase in borrowing and the rise in trade debtors are points to watch. While the company’s asset base is substantial, the need for increased borrowing could indicate challenges in managing cash flow. The rise in creditors suggests a potential strain on supplier relationships, though it could also be a result of increased purchasing activity. Overall, while the company appears to be operating, it's facing some financial pressures that warrant close monitoring.

Registered in England/Wales under the registration number 03982384, with a registered address at SL3 0QT, Colnbrook, Berkshire, Unit 6 Polygon Business Centre, Blackthorne Road.

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