Mjt Computing Limited

Mjt Computing Limited is a small, active company based in Ramsgate, UK, established eight years ago in 2017. It employs one person and holds £311,325 in assets, operating from a real address and overseen by one director and owner. The company regularly imports machinery, boilers, and mechanical appliances—parts, with three months of import activity recorded—and exports electrical machinery and equipment, with six months of export activity. It operates in the other business support service activities n.e.c. industries.

The company’s website highlights its role as an independent IT distributor, specializing in servers, refurbished equipment, software, and networking solutions. It caters to organizations across the UK and Europe, offering tailored packages and rapid delivery, including same-day options. A key feature is its focus on bespoke solutions, leveraging a network of suppliers across Europe and the UK to provide exceptional service. The site also mentions piano restoration, which is a bit odd.

Financially, Mjt Computing Limited’s performance shows a mixed picture. Current assets have decreased by 47%, dropping to £310,000, while net assets have fallen by 12%, settling at £260,000. Bank borrowings have declined by 6.5%, reaching £27,000, and cash reserves have plummeted 44%, leaving £54,000. Trade debtors have seen a significant drop—77%—to £110,000, suggesting improved collections, and creditors have decreased by 78%, to £69,000. The company’s small size—meeting two of three criteria for a small company—helps it remain flexible, but the decrease in equity warrants attention. The lack of an auditor, likely due to its small size, means the financial statements are unaudited.

Overall, Mjt Computing Limited appears to be navigating a period of change. While its core IT distribution business seems to be functioning, the financial data indicates a need for careful management. The company's ability to maintain its position in the market will depend on its ability to control costs and capitalize on opportunities.

Registered in England/Wales under the registration number 10593880, with a registered address at CT12 5FN, England, Ramsgate, Marston, Unit 57 The Oaks Manston Business Park,, Invicta Way.

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