Mathwall Engineering Limited

Mathwall Engineering Ltd from Northampton UK is a small, family-run company with an active status, established 17 years ago. With just two employees and £1,945,666 in assets, it operates from a virtual address – twenty-six other companies share the same location. The business is led by three directors and owned by two individuals, Helen Elizabeth and Mark Forrest Mathieson. It boasts a respectable Google rating of 4.0 based on seven reviews. Mathwall Engineering is a regular importer, specializing in machinery, boilers, and mechanical appliances, with 11 months of import activity recorded, the latest in August 2023. The company operates in the manufacture of other parts and accessories for motor vehicles.

The company’s website is minimal, offering little insight into its operations beyond a listing on Companies House. There’s no e-commerce presence or detailed product catalog, suggesting a business-to-business model focused on supplying parts rather than direct retail. It’s likely Mathwall Engineering operates behind the scenes, providing components to larger manufacturers or distributors.

Financially, Mathwall Engineering shows a mixed picture. Current assets have increased by a healthy 40% to £1,900,000, while net assets have doubled to £1,100,000. Cash reserves have more than doubled to £1,100,000, a positive sign. However, creditors have also increased significantly by 50%, reaching £1,400,000, and trade debtors have decreased by 11% to £860,000. The company’s small size—meeting two of three criteria for a small company—allows for flexibility, but the increase in creditors warrants attention. The lack of an auditor mentioned, likely due to its small size, means the figures are unaudited.

Despite the increase in creditors, Mathwall Engineering appears to be financially stable, with a significant increase in cash reserves. The company’s focus on importing and supplying parts, combined with its family ownership and positive Google rating, suggests a solid foundation. However, managing creditor levels will be crucial for sustained growth.

Registered in England/Wales under the registration number 06328055, with a registered address at NN1 5AL, England, Northampton, Northamptonshire, 1 Billing Road.

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