Marine Specialised Technology Limited

Marine Specialised Technology Ltd, based in Wirral, UK, is a holding company with an active status, celebrating 23 years since its founding. The company employs 94 people and holds assets worth £14,796,339. With four directors and two owners, it maintains a perfect 5.0 Google rating based on three reviews. Regularly importing and exporting machinery, boilers, and mechanical appliances—parts, with 88 months of import activity and 71 months of export activity—MST Group operates a diverse range of businesses.

MST Group’s core activity revolves around the design, manufacture, and provision of in-service support for high-speed and rigid inflatable boats (RIBs) for military, law enforcement, commercial, and search and rescue users worldwide. It also manages subsidiary companies, MST Fleet Services Limited, Specialised Inflatable Technology Limited, and MST Special Products Limited. A key element of their operation is the production of high-end piano restoration services through the 1066 Pianos division, operating from Cambridge with a showroom in Harrods, London.

Financially, Marine Specialised Technology Ltd presents a mixed picture. Accrued liabilities increased by 48%, while cash and cash equivalents decreased by 46%. Bank borrowings have also risen, reaching £190,000. Despite these challenges, the company’s turnover increased by 31%, reaching £14 million. Staff costs also increased by 22%, reaching £4.6 million. The lack of an auditor mentioned suggests the company is exempt due to its size.

The company’s focus on both marine craft and high-end piano restoration suggests a diversification strategy aimed at mitigating risk. The increase in turnover is encouraging, but the decrease in cash reserves and increase in liabilities warrant close monitoring. The company’s long-standing presence and positive Google rating indicate a degree of customer loyalty and a reputation for quality—though the future remains to be seen.

Registered in England/Wales under the registration number 04390226, with a registered address at CH62 3JQ, United Kingdom, Wirral, Mst Group Riverbank Road, Bromborough.

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