M&w Meats Limited

M&W Meats Limited, based in Redruth, UK, is a small, active company founded nine years ago. With 34 employees and £476,882 in assets, it operates from a real address and is overseen by two directors and owners. Google users rate it a perfect 5.0 based on four reviews, and it’s a regular importer of meat and edible meat offal, with its last import operation occurring four months ago.

The company’s website identifies it as a meat wholesaler, and its core business revolves around the wholesale of meat and meat products. It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50.

Financially, M&W Meats Limited presents a mixed picture. Current assets have decreased significantly by 58%, dropping to £480,000. Bank borrowings have been reduced by 85%, falling to £90,000, and cash reserves have increased by 250%, reaching £150,000. However, net assets have plummeted by 160%, resulting in a negative equity of -£150,000. Trade debtors have also decreased by 91%, suggesting a potential issue with customer payments, and creditors have decreased by 36%, which is a positive sign. The company’s small size helps it remain agile, but the substantial equity decline raises concerns. As a small company, it is exempt from an audit, so the financial statements are unaudited.

The company’s financial data indicates a period of adjustment. While the reduction in debt and increase in cash reserves are encouraging, the decrease in assets and negative equity suggest the company is facing financial pressures. It's possible that the company is reinvesting in its business, or that it is experiencing a temporary downturn in sales.

Registered in England/Wales under the registration number 10109985, with a registered address at TR15 3RQ, England, Redruth, Barncoose Industrial Estate 12 Barncoose Industrial Estate, 12 Wilson Way.

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