Mason-price Ltd

Mason-Price Ltd, based in Swindon, UK, is a small, active company founded eighteen years ago. With a single director and owner—a solo founder—the business holds £131,741 in assets and operates from a real address. Accounts are overdue by a year, and confirmation statements are ten months behind, a bit concerning. The company employs just one person.

The business is involved in importing and exporting electrical machinery and equipment, though irregularly, with two months of imports and one month of exports recorded. Mason-Price Ltd also operates in the water collection, treatment and supply, the development of building projects, the construction of other civil engineering projects n.e.c., and the treatment and disposal of non-hazardous waste industries. They have a website advertising carpet, vinyl, laminate flooring, beds, and artificial grass, and even offer three-bedroom carpet deals.

Financially, things are a little tricky. Current assets have fallen by a significant 64%, dropping to £130,000. Bank cash has plummeted 78%, leaving just £62,000. Debtor’s have decreased, which is good, but creditors have increased by 13%, suggesting a reliance on credit. Property, plant, and equipment have also seen a decline, with furniture and fittings down 160%. The company’s small size—meeting two of three criteria for a small company—helps with agility, but the sharp decline in net assets, which has dropped 500% to -£190,000, is a worrying sign. There’s no auditor mentioned, so the figures are unaudited.

The company’s financial trends suggest it’s facing some challenges, and it's burning through money. The irregular import/export activity and the reliance on credit could be contributing factors. It's not clear if the company is in a healthy position, but it’s certainly not thriving.

Registered in England/Wales under the registration number 06039347, with a registered address at SN4 7DB, England, Swindon, Wiltshire, Unit 8, Bowman Court Whitehill Lane, Royal Wootton Bassett.

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