M Logistics Limited

M Logistics Limited, based in Kingston Upon Thames, UK, is a small, active company established eleven years ago in 2013. With six employees and £755,630 in assets, it operates from a virtual address shared by ninety-five other companies, a little odd, really. Davey Mark is both the director and owner, a solo founder at the helm. The company is primarily a regular exporter of footwear and related items, with three months of export activity recorded, but it also dabbles in importing electrical machinery and equipment, albeit irregularly, with just two months of import activity.

The company’s website, Breakdown Recovery M E Logistics Ltd, reveals its core business: providing 24/7 breakdown recovery services in Huntingdon and surrounding areas like Cambridge, Wisbech, and Peterborough. They cater to all vehicle types – cars, vans, caravans, and trailers – emphasizing a wealth of experience and quick response times. The site also promotes a separate venture, 1066 Pianos, which is a high-end piano restoration business. It’s a bit of a jump from roadside assistance to museum-grade piano restoration, isn’t it?

Financially, M Logistics Limited presents a mixed picture. Current assets have increased by 38% to £760,000, which is good news. However, bank borrowings have decreased by 13%, which is also a good sign. Creditors have increased by 37% to £560,000, and cash reserves have dropped by 17% to £120,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the decrease in cash reserves warrants a closer look. The company’s net assets increased by 45% to £180,000. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

It seems like M Logistics Limited is doing okay, but needs to keep an eye on its cash flow. The piano business, meanwhile, thrives on prestige and heritage—a stark contrast to the more practical roadside assistance operations.

Registered in England/Wales under the registration number 08747526, with a registered address at KT1 1BQ, Kingston Upon Thames, Surrey, 5 - 9 Eden Street.

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