MJM BUILDING & MAINTENANCE LTD

Executive Summary

MJM Building & Maintenance Ltd is a recently incorporated private company with very limited financial history and minimal capital, resulting in a high risk rating primarily due to lack of operational and financial substance. While the company maintains good compliance with filing requirements, the absence of meaningful assets or employees limits confidence in its immediate solvency and liquidity. Further due diligence is necessary to understand the business model, funding, and prospects before considering investment.

MJM BUILDING & MAINTENANCE LTD - Analysis Report

Company Number: 14717746

Analysis Date: 2025-07-29 16:39 UTC

1. Risk Rating: HIGH
   Justification: The company is newly incorporated (March 2023) with minimal financial activity and very limited reported assets (£100). There is no operating history or evidence of revenue generation. The absence of employees and negligible current assets relative to liabilities indicate very limited operational scale and financial substance at this stage, posing high risk for solvency and liquidity.

2. Key Concerns:

• Minimal financial resources: Shareholders’ funds and net assets stand at only £100, indicating no meaningful capital base.
• Lack of operational track record: The company has no reported turnover, employees, or substantive assets, limiting evidence of sustainable business activity.
• Concentration of control: Single director and 100% ownership by Marc Miller concentrates decision-making and risk without evident governance safeguards.

3. Positive Indicators:

• Compliance: The company is up to date with statutory filings (accounts and confirmation statement) and has no overdue submissions or liquidation status.
• Clear ownership and management: Director and PSC information is transparent and current.
• Industry classification aligns with stated business activities (development of building projects).

4. Due Diligence Notes:

• Investigate the business plan and funding sources to assess how the company intends to develop operations beyond the initial incorporation phase.
• Obtain management accounts or cash flow forecasts to evaluate liquidity and short-term solvency prospects.
• Review contracts, client engagements, or pipeline to determine potential revenue streams and operational viability.
• Consider director background and any related party transactions given sole control.