Herts Mechanical Handling Services Limited

Herts Mechanical Handling Services Limited, based in Dunstable, UK, is a small, active company established 22 years ago. With 21 employees and £833,766 in assets, it operates from a real address and is overseen by three directors and one owner. The company is an irregular importer, primarily bringing in machinery, boilers, and mechanical appliances parts, with the last import activity occurring over two years ago in February 2022.

The company’s website reveals a focus on integrated materials handling systems. Herts Mechanical Handling Services provides installation, service, maintenance, repair, and decommissioning of equipment, targeting industrial clients. They highlight a team of 25 highly skilled engineers and emphasize collaborative project delivery, aiming to avoid post-installation challenges. The website also mentions exhibiting at industry events like Tomorrow's Warehouse Coventry, showcasing their expertise to potential clients. They also have a section dedicated to dismantling, relocating, and rebuilding automated storage machines.

Financially, Herts Mechanical Handling Services shows a mixed picture. Current assets decreased by 8.1% to £830,000, while net assets increased by 47% to £230,000. Bank borrowings rose by 26% to £140,000, and cash reserves fell by nearly half to £150,000. Creditors also increased by 3.6%. The company’s small size—meeting two of three criteria for a small company—helps maintain agility. The increase in bank borrowings and decrease in cash reserves could indicate investments in growth or working capital needs. The company is exempt from an audit, and the financial statements are unaudited. The company’s net assets are growing, which is a good sign, but the increase in bank borrowing should be monitored.

Registered in England/Wales under the registration number 04653492, with a registered address at LU5 6HU, England, Dunstable, Unit 5 Crowbush Farm Luton Road, Toddington.

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