M. & Y. Ventilation Equipment Limited

M & Y Ventilation Equipment Limited, based in London, UK, is a small, active company founded 30 years ago. With eight employees and £1,702,617 in assets, it’s a solo-founded operation run by a single director and owner, Wilson Brett Ian. The company operates from a virtual address, shared by 75 other businesses, suggesting a cost-effective setup. It’s an irregular importer, with its top import category being Machinery, boilers, and mechanical appliances; parts, totaling 1 months of imports, the last operation conducted on December 01, 2022.

The company’s website, airhandlingunits.co.uk, showcases its expertise in providing air handling units. It focuses on providing specialist units that meet individual specifications, configurations and sizes, keeping prices competitive. It works closely alongside its clients assisting them with all aspects of the design process. The website also highlights its experience working across various sectors, including hospitals, pharmaceuticals, and retail, and offers brochures for car park ventilation, air handling products, and emergency extract ventilation. It also offers a service to refurbish units rather than replace them.

Financially, M & Y Ventilation Equipment Limited presents a mixed picture. Cash bank on hand has seen a dramatic increase of 280%, reaching £1,100,000, while trade debtors have plummeted by 48%, settling at £570,000. Creditors have increased by 4.4%, reaching £1,000,000, and net assets have risen by 64%, reaching £670,000. There’s a significant increase in average number of employees during the period, rising 12% to nine. Despite these positive trends, accrued liabilities deferred income decreased by 96%, and taxation social security payable dropped 66%. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the decrease in trade debtors could indicate challenges in collecting payments. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Registered in England/Wales under the registration number 03043925, with a registered address at EC2Y 5AU, United Kingdom, London, 6th Floor 2 London Wall Place, Barbican.

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