Mayflower Engineering Limited

Mayflower Engineering Ltd from Sheffield UK is a small, active company founded 17 years ago. With 53 employees and £2,893,939 in assets, it’s a well-established operation. The company boasts a 5.0 Google rating based on 25 reviews, indicating strong customer satisfaction. It’s an irregular importer of machinery, boilers, and mechanical appliances, with parts imported for a single month, the last operation being in February 2023. The company has two directors and one owner, and its real address is registered.

Mayflower Engineering operates in the machining, manufacture of lifting and handling equipment, and the manufacture of metal structures, catering to sectors like defence, nuclear materials processing, and civil engineering. The website highlights a full-service engineering approach, from design and project management to fabrication and installation. It even has a division, Mayflower HiTech, focused on component part manufacture. The company's website also mentions a subsidiary, Mayflower Engineering UK Limited.

Financially, Mayflower Engineering shows a mixed picture. Current assets increased by 11% to £2,900,000, while net assets rose by 50% to £1,900,000. Cash reserves, however, fell by 53% to £490,000. Bank borrowings decreased by 50%, reaching £100,000. Creditors also decreased by 32%, suggesting improved debt management. The company meets the criteria for a small company, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. While no auditor is mentioned, the financial statements are unaudited.

The company’s financial data suggests a period of adjustment, with a focus on managing debt and building assets. The downturn in cash reserves could be due to investments in growth or operational expenses. The lack of a clear profit figure makes it difficult to assess overall financial health, but the positive trends in assets and reduced borrowing are encouraging.

Registered in England/Wales under the registration number 06503518, with a registered address at S9 5DA, Sheffield, South Yorkshire, Mayflower Engineering Ltd, Coleridge Road.

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