M & D Cleaning Supplies Limited

M & D Cleaning Supplies Limited, based near Wigan, UK, is a small, active company established 38 years ago. With 12 employees and £1,113,348 in assets, it’s a well-established player in the cleaning supplies sector. The company, which has three directors and one owner, operates an e-commerce site and maintains a 4.0 Google rating from 7 reviews. It regularly imports soaps, cleaning products, and waxes, with its last import operation occurring five months ago.

The company's core business involves the wholesale of china and glassware and cleaning materials, catering to a diverse range of clients. Its website is currently undergoing scheduled maintenance, temporarily preventing access to its online store.

Financially, M & D Cleaning Supplies Limited presents a mixed picture. While cash bank on hand increased by 13% to £290,000, creditors decreased by 16% to £390,000, suggesting improved debt management. However, net assets liabilities increased by 6.4% to £1,200,000, and bank borrowings rose by 180% to £110,000. Despite these fluctuations, the company’s small size—meeting two of three criteria for a small company—allows for flexibility. The company’s retained earnings accumulated losses remained steady at £71,000. No auditor is mentioned, likely due to the company's exemption as a small entity.

The company's financial data suggests a stable, but potentially tight, situation. The increase in bank borrowings could indicate investment in inventory or expansion, but it’s also possible it’s a response to rising costs. The lack of a detailed audit makes it difficult to draw definitive conclusions, but the company’s long-standing presence and positive online reviews suggest it’s navigating these challenges effectively.

Registered in England/Wales under the registration number 02095989, with a registered address at WN8 0LH, Nr Wigan, Lancashire, Grove Road, Upholland.

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