# MJM SHETLAND LTD (SC689382)

> MJM SHETLAND LTD is an active private limited company (company number SC689382) incorporated on 16 February 2021, registered in Shetland. Its registered activity is buying and selling of own real estate (SIC 68100). Latest micro accounts cover the period ending 31 March 2025, showing net assets of £8,873, with 2 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 74% on the prior period (£34k).

- Status: Active
- Incorporated: 2021-02-16
- Registered office: Shetland, ZE2 9PX
- SIC 68100: Buying and selling of own real estate
- SIC 68209: Other letting and operating of own or leased real estate
- Next accounts due: 2026-12-31
- Confirmation statement due: 2027-03-02
- Accounts type: MICRO ENTITY

By net assets it sits in the upper half of 18,162 comparable companies in Other (median £1, upper quartile £10k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-03-31 | £8,873 | — | — | £32k | — | — | 2 |
| 2024-03-31 | £34k | — | — | £41k | — | — | 2 |

current ratio 0.66; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £8,873 at 31 March 2025
- Net assets down 25% or more on the prior period: -74.1% vs prior period
- Current assets below creditors within one year: Current ratio 0.66
- Incorporated five or more years ago: Incorporated 16 February 2021

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mrs Nicola Anne Johnston — owns 25–50% of shares; holds 25–50% of voting rights; can appoint or remove directors, since 2021-02-16
- Mr Magnus John Stewart Johnston — owns 25–50% of shares; holds 25–50% of voting rights; can appoint or remove directors, since 2021-02-16

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/SC689382
HTML: https://firmoscan.com/company/SC689382-mjm-shetland-ltd