Mailcoms Ltd

Mailcoms Ltd, based in Cannock, UK, is a small, family-run business with an active status, celebrating 18 years since its founding. Employing 15 people, the company holds £886,066 in assets and operates from a real address, managed by three directors and two owners. It’s a thriving e-commerce site with a solid 4.0 Google rating from 16 reviews, specializing in franking machines and related supplies. The company regularly imports machinery, boilers, and mechanical appliances—parts, with the last import operation made in May 2024.

The company’s website, Mailcoms, positions itself as the UK’s favourite franking machine supplier, offering a wide range of machines, inks, labels, and packaging supplies. It caters to businesses of all sizes, providing solutions for mailroom efficiency and postage cost savings. The site also features a Mailcoms App for on-the-go support and troubleshooting, alongside extensive resources like size guides, rate change updates, and franking tips. The website also offers a wide range of products, including franking machines, packaging supplies, and even personalised packaging options.

Financially, Mailcoms Ltd shows some interesting trends. While current assets increased by 8.7% to £890,000, equity decreased by 11% to £690,000. Bank borrowings increased significantly, and cash reserves dropped 94% to a mere £1,300. Creditors also rose by 53%, suggesting a reliance on short-term financing. The company’s small size—meeting two of three criteria for a small company—helps it remain flexible, but the decline in equity is a point of concern. The accounts are unaudited, as is common for small companies, and no auditor is listed. The increase in debt, coupled with the drop in cash, could indicate the company is burning through money to fuel growth, or perhaps facing unexpected expenses. The company’s average number of employees has increased by 27%, which may be contributing to the increased costs.

Registered in England/Wales under the registration number 05884771, with a registered address at WS11 0JF, England, Cannock, Units 7-8 Primary Point, Progress Drive.

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