Mjs Energy Ltd

Mjs Energy Ltd, based in Presteigne, UK, is a small, active family business established twelve years ago. With 25 employees and £532,957 in assets, it’s a well-established player in the region. The company boasts a 4.0 Google rating from 13 reviews and is led by five directors and three owners. It operates from a real address and regularly imports machinery, boilers, and mechanical appliances – parts, with 32 months of import activity recorded.

The company’s core business focuses on plumbing, heat, and air-conditioning installation services. It also owns Renewable Training Centre Ltd, indicating a commitment to skills development within the industry. A previous name, Mjs Alternative Heating Solutions Limited, suggests an evolution in its service offerings. The company’s website is currently unavailable, making it difficult to assess its online presence or e-commerce activities.

Financially, Mjs Energy Ltd presents a mixed picture. While bank borrowings decreased by 33%, cash reserves fell by 46% to £110,000. Net assets increased by 16% to £230,000, but current assets dropped by 30% to £530,000. Trade debtors decreased by 34%, suggesting improved collection practices, but creditors rose by 2.4%. 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 flexibility, but the decline in cash reserves warrants attention. The company’s unaudited accounts, prepared using VT Final Accounts software, don't mention an auditor. Average number of employees increased by 24% to 31, which may have contributed to the decline in cash reserves.

Registered in England/Wales under the registration number 08082728, with a registered address at LD8 2HG, Wales, Presteigne, Powys, Presteigne Mill, Leominster Road.

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