Mjm Sports Ltd

Mjm Sports Ltd, based in Barnstaple, UK, is a small, holding company with an active status. Founded nineteen years ago in 2005, the company employs six people and holds £413,260 in assets. It has a real address, four directors, and two owners, and boasts a 3.0 Google rating from 73 reviews. The company regularly imports clothing and accessories, not knitted or crocheted, with 23 months of import activity recorded.

The company’s website showcases a wide range of teamwear and custom design services. It specializes in providing team clothing, football kits, rugby gear, cricket equipment, and more. They offer custom embroidery and print work, alongside a selection of workwear and trophies. The website also features a club shop with branded merchandise, including jackets, sweatshirts, and scarves. It's clear they cater to sports teams and clubs, offering both ready-made products and bespoke design services.

Financially, the company’s numbers present a mixed picture. Current assets have fallen by 8.7% to £410,000, while net assets have dropped significantly by 27% to £82,000. Bank borrowings have decreased by 8.7% to £180,000, and cash reserves have fallen 36% to £9,200. Creditors have increased dramatically by 390% to £46,000, which could indicate increased supplier payments or perhaps a need for short-term financing. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the decline in equity raises questions. No auditor is mentioned, likely due to its status as a small company.

Overall, while the website suggests a thriving business, the financial data suggests some pressures. The company’s ability to maintain its growth and profitability will depend on its ability to manage its costs and maintain its customer base.

Registered in England/Wales under the registration number 05521449, with a registered address at EX31 3TD, England, Barnstaple, Unit B1 Brannam Court Brannam Crescent, Roundswell Business Park.

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