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Mjl Contractors Limited

05689614

active
Private Limited Company
england wales
Companies House
Health Score
79 / 100

Some Concerns

25/30
Filing
20/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

MJL HOUSE CORNWALL BUSINESS PARK WEST, REDRUTH, TR16 5FG
Incorporated 27/01/2006

Compliance

Last accounts

30/09/2024

full

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 27/01/2026

Due 10/02/2027

On track

Industry

42990
Construction of other civil engineering projects
43120
Site preparation
43999
Specialised construction activities

Officers

Jennifer Lugg

secretary · Since 27/01/2006

BRITISH

Also on 1 other board

Mr Matthew James Lugg

director · Since 27/01/2006

PLANT HIRE CONTRACTOR

BRITISH · ENGLAND · Age 47

Also on 7 other boards

Mr Nicholas James Jose

director · Since 01/04/2010

SURVEYOR

BRITISH · ENGLAND · Age 54

Mr Wayne Tregenza

director · Since 08/03/2021

PRODUCTION DIRECTOR

BRITISH · UNITED KINGDOM · Age 49

Persons with Significant Control

Mjl Holdings (Sw) Limited

75–100% shares
75–100% votes
Appoint directors

Mjl House, Cornwall Business Park West, Redruth, TR16 5FG

Reg: 04158825 · Companies House · Limited Company

Notified 06/04/2016

Charges3 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 05/09/2024Registered 10/09/2024
charge
outstanding

MJL PLANT HIRE (CORNWALL) LIMITED

Created 07/01/2013Registered 22/01/2013
charge
outstanding

MJL CORNWALL LTD

Created 07/01/2013Registered 22/01/2013

CompanyRankvs 834+ SIC 42990 peers
66

Financial strength99th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.53× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the original financial statements were authorised for issue. Our responsibilities and the responsibilities of the directors with respect t

Key FinancialsYear ending 30/09/2021

Turnover

£55.6M

Annual revenue

Net Worth

£8.0M

Balance sheet strength

Cash

£313k

Cash in the bank

Profit Before Tax

£6.3M

Bottom line earnings

Net Current Assets

£7.8M

Working capital

Current Assets

£22.4M

Current Liabilities

£14.6M

Fixed Assets

£170k

Debtors

£22.1M

Cost of Sales

£45.9M

Gross Profit

£9.7M

Admin Expenses

£4.3M

Operating Profit

£6.3M

Profit After Tax

£5.1M

267avg. employees

Tax at Year End

Dividends paid£2.0M

People Costs

Wages & salaries£10.3M
NI contributions£1.1M

Balance Sheet

Assets less current liabilities£8.0M
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent Ratio
20211.53

Derived from filed accounts. Not audited figures.