M.c. Electronics Limited

Mc Electronics Ltd, based in Middlesex, UK, is a small, active company established 44 years ago. With three employees and £2,684,165 in assets, it’s a long-standing business founded by a solo entrepreneur. The company has three directors and a single owner, Mathias Ian. It operates from a real address and has a history of importing miscellaneous metal items for a single month in early 2024, but its core business is exporting railway and tramway vehicles and parts – a consistent activity spanning ten months, with the latest export recorded in December 2024.

The company's website reveals a different facet: a professional audio repair specialist, MC Electronics Ltd, based in Bedford, UK. The site advertises repair services for a wide range of audio equipment, from vintage turntables to modern recording studio gear, and even offers new and used equipment for sale. The company also has a separate business, 1066 Pianos, specializing in high-end piano restoration, a venture with a much longer history, dating back to 1975. The website highlights a commitment to customer service and a wide range of services.

Financially, Mc Electronics Ltd presents a mixed picture. While turnover remains undisclosed, the company's net assets have decreased by 3.2% to £2,400,000. Cash and cash equivalents have also fallen by 17% to £2,000,000. Bank borrowings have increased by 2,400% to £29,000, and trade debtors have ballooned by 890%. Creditors have decreased by 18%, suggesting improved debt management. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The absence of an auditor suggests that the company is exempt from an audit.

Overall, Mc Electronics Ltd seems to be navigating a period of financial strain, with increased debt and declining cash reserves. However, its established presence in both the audio repair and piano restoration markets, combined with its small size and agility, could help it weather these challenges.

Registered in England/Wales under the registration number 01521122, with a registered address at HA5 4PP, Middlesex, 61 Grimsdyke Road, Hatch End Pinner.

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