Mark Weatherhead Limited

Mark Weatherhead Ltd, based in Royston, UK, is a small, active holding company established 43 years ago. Employing 18 people and holding £1,709,621 in assets, it’s a long-standing business with a real address and three directors overseeing operations. The company, owned by Mardon Estates Ltd, maintains a 5.0-star Google rating based on 37 reviews. It’s an irregular importer, primarily dealing in vehicles, parts, and accessories, with its last import activity recorded one month ago in October 2022.

The company operates in the support activities for crop production industries, a sector that suggests a business-to-business focus rather than direct consumer sales. While a website isn’t available, the company’s profile suggests a stable, albeit modest, operation.

Financially, Mark Weatherhead Ltd’s recent performance shows some concerning trends. Current assets have fallen by 31%, dropping to £1,700,000, while net assets have plummeted 190%, ending at -£630,000. Bank borrowings have remained steady, but cash reserves have also declined by 31%, sitting at £130,000. Creditors have decreased by 46%, which is a positive sign, but the significant equity decline raises questions about the company's financial health. Trade debtors have increased by 13%, which could be a sign of delayed payments from customers. The company’s small size (meeting two of three criteria for a small company) allows for flexibility, but the substantial loss needs to be addressed. As a small company, the accounts are unaudited.

The company’s long history and positive Google rating suggest a reputation for reliability, but the recent financial data indicates a period of challenge. Whether this is a temporary setback or a more fundamental issue remains to be seen.

Registered in England/Wales under the registration number 01570559, with a registered address at SG8 5AB, England, Royston, Hertfordshire, Yew Tree House, 36 Kneesworth Street.

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