Mjn Tractors Limited

Mjn Tractors Ltd from Chichester UK: a small, holding company with an active status, was founded seven years ago in 2017. Employing fourteen people, it holds assets valued at £3,371,480 and boasts a perfect 5.0 Google rating from twenty-two reviews. The company regularly imports machinery, boilers, and mechanical appliances—parts, for six months, and exports vehicles, parts, and accessories (excluding trains and trams) for nine months. It has two directors and one owner, and its registered address is real.

The company’s website showcases a diverse range of services, including sales, service, parts, and leasing. It’s a dealer of tractors, trailers, telehandlers, excavators, wheel loaders, implements, and groundcare equipment, with a dedicated section for New Holland PLM. A “What We Do” section highlights maintenance and repair of motor vehicles, wholesale of agricultural machinery, and renting/leasing of equipment. The website also includes a “Careers” section and a blog, indicating a focus on attracting talent and sharing industry insights. It seems like they’re doing a lot of things.

Financially, Mjn Tractors Ltd shows a mixed picture. While the company’s net assets increased by 13% to £1,200,000, several key metrics have declined. Cash reserves fell by 65% to £290,000, and bank borrowings surged by 2,400%, reaching £410,000. Trade debtors increased by 61%, suggesting a potential issue with customer payments, but creditors also rose by 66%, indicating a need to manage supplier relationships carefully. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the sharp drop in cash warrants attention. The company’s property, plant, and equipment saw a significant increase, with motor vehicles rising by 26%, suggesting investment in its fleet. There’s no auditor mentioned, likely due to its status as a small company.

Registered in England/Wales under the registration number 10963360, with a registered address at PO20 9DX, United Kingdom, Chichester, West Sussex, Home Farm, Selsey.

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