MJL CONTRACTORS LIMITED

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  +16.4%

  £78,623,727 → £91,507,714

  highest in 4 filed years

• Cash

  +52.6%

  £2,959,030 → £4,515,376

  highest in 4 filed years

• Net assets

  +32.4%

  £14,811,335 → £19,608,128

  highest in 4 filed years

• Employees

  +8.5%

  295 → 320

  highest in 4 filed years

• Operating profit

  +55.7%

  £4,117,568 → £6,410,968

  highest in 4 filed years

• Profit before tax

  +55.7%

  £4,117,569 → £6,412,696

  highest in 4 filed years

• Wages

  +6.7%

  £14,042,678 → £14,985,074

  highest in 4 filed years

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

1. MJL CONTRACTORS LIMITED 2006-10-13 → present
2. MJL CORNWALL LIMITED 2006-01-27 → 2006-10-13

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

PKF Francis Clark

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Management have assessed a number of factors in respect of the appropriateness of the going concern assertion, and in particular increasing inflationary costs and impacts on demand for the services offered by the company. The wider group is well capitalised with significant assets held that could be leveraged as collateral, in the event that this would be required. Demand continues to be stong, however customers are increasingly showing cost restraint on pricing decisions.”

Significant events

• “Despite cost pressures the company has been able to maintain its margin achieved in the year, across a spread of sites, at 12.4% (2023 - 12.4%). Administrative costs have reduced on the previous year, however the comparative included £1,096k as an exceptional impairment of a debtor balance.”
• “Cash balances have increased on the prior year to £4.52m (2023 - £2.96m).”
• “The Directors have not recommended a final dividend.”
• “We are currently planning for future growth with the development of our new office, training and workshop facilities which will give the business the platform it needs to enter the next phase of expansion.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.