M3 Construction Ltd

M3 Construction Ltd, based in Manchester, UK, is a small, active company founded 19 years ago. With 39 employees and £5,210,294 in assets, it’s a family business operating from a virtual address – ten companies registered at the same location. The company has two directors and three owners, and regularly imports goods, though the top import category is currently listed as "None."

The company’s website is not available, so it’s difficult to determine its online presence or e-commerce activities. However, M3 Construction Ltd operates in the "other business support service activities n.e.c." industry. It’s a small company as it met two of three conditions: turnover less than £10.2 million, balance sheet less than £5.1 million, and fewer than 50 employees.

A review of the company’s financial data reveals some interesting trends. Accumulated depreciation impairment property plant equipment decreased, with computer equipment seeing the biggest drop. Cash bank on hand fell by 30%, and creditors increased significantly. However, current assets also rose by 40%, suggesting an overall increase in liquid assets. Trade debtors increased by 51%, which could indicate a growing customer base or a shift in payment terms. Despite these changes, the company’s equity increased by 4%, and net current assets liabilities also increased by 4.3%.

The company’s financial health presents a mixed picture. While the increase in current assets is positive, the rise in creditors and the decrease in cash reserves suggest the company is burning through money. The lack of an auditor mentioned (likely exempt as a small company) means the figures rely on unaudited statements. It’s likely the company is facing some financial pressures, but its small size and family ownership may help it navigate these challenges.

Registered in England/Wales under the registration number 05519055, with a registered address at M23 9BE, United Kingdom, Manchester, Ground Floor Suite Waterside Court, 1 Crewe Road.

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