B.p. Mitchell Haulage Contractors Limited

B.p. Mitchell Haulage Contractors Limited, based in Hatfield, UK, is a sizable company with an active status, celebrating 25 years since its founding in 1999. Employing 61 people and boasting assets of £23,893,395, it operates from a real address and is managed by three directors and one owner. A 4.0 Google rating from 22 reviews suggests a positive customer experience. The company specializes in the import of machinery, boilers, and mechanical appliances, with parts imported regularly over the last three months.

Beyond haulage contracting, B.p. Mitchell also operates a recycling business, offering services like waste management, site clearance, ready-mix concrete, asphalt, and demolition. They supply agricultural lime, concrete limestone filler, and aggregate building materials, alongside plant hire services featuring modern machinery like concrete crushers and tipper lorries. Their central location allows them to serve London and the Home Counties. The company sells older vehicles, too.

Financially, B.p. Mitchell shows a mixed picture. While cash and cash equivalents increased by a substantial 57% to £12 million, net assets remained steady at £40 million. However, bank borrowings increased by 150% to £8.4 million, and creditors rose significantly, suggesting potential liquidity pressures. Director remuneration remained consistent, and deferred tax expense credit increased by 51%. A notable decline in debtors by 13% may indicate challenges in collecting payments. The company’s size (meeting two of three criteria for a large company) suggests it’s a well-established player, but the rising debt warrants close monitoring. Mercer & Hole LLP conducted the audit. The company’s continued growth and reinvestment in its fleet are testament to its commitment, but it will be interesting to see how they manage these financial trends going forward.

Registered in England/Wales under the registration number 03774666, with a registered address at AL9 5RB, Hatfield, Hertfordshire, Burnside, Hertford Road.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.