Mach-tech Services Ltd

Mach-Tech Services Ltd, based in Oldham, UK, is a small, active company founded seventeen years ago. With 32 employees and £4,323,521 in assets, it operates from a real address and is overseen by three directors and two owners. The company regularly imports and exports machinery, boilers, and mechanical appliances, with a history of 200 months of imports and 40 months of exports. It’s a real business, not some fly-by-night operation.

The company specializes in industrial shredding solutions, acting as the sole UK distributor for Lindner award-winning shredders. Their website highlights a comprehensive range of services, from consultation and installation to repair and maintenance. They offer a wide range of shredders, including primary and secondary shredders, and cater to industries like plastics recycling, waste wood processing, and paper product destruction. It’s clear they’re not just selling machines; they’re providing complete recycling technology solutions.

Financially, Mach-Tech Services Ltd shows a mixed picture. Cash bank on hand increased by 14% to £1.1 million, which is good news. However, bank borrowings increased by 44% to £180,000, and trade debtors decreased by 4.2% to £1.5 million. Creditors also increased by 2.1% to £2.2 million. Perhaps the company is investing in new equipment or expanding its operations, but the increase in debt is something to keep an eye on. Net assets increased by 15% to £2.3 million, which is a positive sign. 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 flexible, but the increase in debt needs to be managed carefully. There's no auditor mentioned, which is common for small companies. The company’s equity grew by 15% to £2.3 million, which is a good sign.

Overall, Mach-Tech Services Ltd appears to be a stable, albeit slightly leveraged, company operating in a specialized niche. While the financials show some areas for attention, the company’s strong focus on customer service and its partnership with a leading shredder manufacturer suggest a solid foundation for future growth.

Registered in England/Wales under the registration number 06302988, with a registered address at OL2 7UT, United Kingdom, Oldham, Trent Industrial Estate Duchess Street, Shaw.

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