MJF DUCTWORK LTD
Company number 06221336 · Monitor this company
Executive summary
MJF Ductwork Ltd is a long-established but micro-scale HVAC subcontractor demonstrating both resilience and vulnerability. Its liquidity position is notably strong for the sector (current ratio ~2.1x, minimal borrowings), providing a buffer against the construction industry's well-documented payment and insolvency challenges. However, the sharp decline in net assets from £130,395 to £87,051 in FY2026, following a similarly volatile trajectory in prior years, signals inconsistent profitability that exceeds typical sector patterns. The business appears to be contracting deliberately—preserving cash while reducing activity—which may reflect strategic retrenchment or an inability to secure profitable work in a competitive South East market characterised by material cost inflation and skills shortages.
Shareholders' funds
£87,051
Balance sheet as at 2026-03-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 2007-04-20
- Employees
- 3 (2026 accounts · was 2 in 2025)
- Registered office
- 85 Deeds Grove, High Wycombe, Bucks, HP12 3NY
- Postcode
- HP12 3NY
- Capital
- 100 GBP
- Accounts category
- Total Exemption Full
Accounts
- Last made up to
- 2026-03-31
- Next due by
- 2027-12-31
- Financial year end
- 31 March
Confirmation statement
- Last statement dated
- 2026-07-25
- Next due by
- 2027-08-08
Nature of business (SIC)
- 43220 Plumbing, heat and air-conditioning installation
Officers 1 current · 5 resigned
Public contracts won 1
£17,547 total awarded value where published.
Contains public sector information licensed under the Open Government Licence v3.0 (Contracts Finder).
Contact details
- Website
- mjfductwork.co.uk
- Phone
- 07540948123
Among its peers
Top 25%
by shareholders' funds, of 373 similar companies in HP
Among the biggest employers among its local peers (3 staff).
Among the oldest 25% of its local peers, trading since 2007.
Competitors High Wycombe
This company ranks 58 among plumbing, heat and air-conditioning installation in High Wycombe.
The class of 2007
37%
of the 1,681 companies in this sector incorporated in 2007 are still active today; 60% have since been dissolved.
A fact about the year, not a forecast for this company.