Mastermover Limited

Mastermover Ltd from Ashbourne UK: large company, holding company, active status, founded 16 years ago, 88 employees, £7,140,149 assets, real address, 5 directors, 1 owner, e-commerce site, google rating 5.0 based on 9 reviews. Regular importer of machinery, boilers, and mechanical appliances; parts (78 months imported). Regular exporter of machinery, boilers, and mechanical appliances; parts (153 months exported). It’s a substantial player in the material handling equipment industry, operating as a holding company with a well-established e-commerce presence and a strong reputation – evidenced by its perfect Google rating. The company, founded sixteen years ago, employs eighty-eight people and boasts significant assets of £7,140,149.

Mastermover is a large company, meeting two of three conditions: turnover more than £36 million, balance sheet total more than £18 million, and average number of employees more than 250. The company’s financial data, while not fully transparent, suggests a period of change. Accrued liabilities have decreased slightly, while deferred income has also fallen. Depreciation on motor vehicles has increased significantly, which could be a sign of investment in new equipment. Administrative expenses have risen considerably, up 32%, which could be due to expansion or increased operational costs. Despite this, the company’s bank borrowings have jumped dramatically, reaching £460,000, indicating a need for additional capital. Cash reserves remain robust at £1,000,000.

The company’s financial results show a mixed picture. While turnover has increased by 15% to £7,200,000, net assets have also risen by 41% to £1,100,000. However, net loss has doubled to £1,800,000. The increase in administrative expenses and bank borrowings, coupled with a decrease in cash reserves, suggests that Mastermover is investing heavily in its operations, which may be impacting short-term profitability. The company's directors, including Freer Hugh Edward, Jones James Andrew George, Holmes Richard William, Delve Andrew Richard, and Owen Andrew John, are likely navigating these changes. The company’s auditor, DJH Audit Limited, has provided an unqualified opinion on the financial statements.

Mastermover’s core business involves the manufacture and sale of lifting and handling equipment, with a particular focus on machinery, boilers, and mechanical appliances. The company regularly imports and exports these products, with a long history of international trade. The company’s website showcases a wide range of products, including compact tugs, performance tugs, and specialized solutions for various industries, such as aerospace, automotive, and healthcare. The company’s commitment to innovation and customer service is evident in its custom solutions and rental options.

Registered in England/Wales under the registration number 06776797, with a registered address at DE6 1HD, Ashbourne, Derbyshire, The Limes George Dutton Bus Park, Airfield Industrial Estate, Moor Farm Road.

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