Mjs Online Limited

Mjs Online Limited, based in Billericay, UK, is a small, active company founded eleven years ago. Despite its active status, the company has overdue accounts for the last year, and currently employs just one person. With £98,154 in assets and a virtual address, it’s a lean operation managed by a solo founder who also serves as the director and owner.

The company's website, MJS Car Sales LTD, reveals a focus on used car sales in Stoke-on-Trent, Staffordshire. It's an independent dealership offering a wide range of used vehicles, from Audis to Volkswagens, with a strong emphasis on customer satisfaction and a relaxed buying experience. The website highlights over 15 years of motor trade experience, handpicked quality stock, and a focus on low mileage cars. It offers finance options, part exchange services, and UK-wide delivery, catering to a broad customer base. The business clearly wants to provide a bespoke buying experience, without the pressure of sales staff.

Financially, Mjs Online Limited shows a mixed picture. While cash reserves increased by a considerable 340% to £960, net assets only rose slightly to £1,500. Bank borrowings increased by 140% to £14,000, and creditors also rose by 18% to £62,000. 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 increase in borrowings suggests a need for careful cash flow management. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

The business seems to be holding its own, but the increase in borrowing could be a sign of growing expenses or investment in stock. It's a small, family-run operation that’s betting on its reputation for customer service and quality used cars to sustain its growth.

Registered in England/Wales under the registration number 08910004, with a registered address at CM12 0EQ, Billericay, Essex, Lakeview House, 4 Woodbrook Crescent.

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