Mcats It Limited

Mcats It Limited is a small, active company based in Harrow, UK, founded four years ago. It operates as a solo venture with one director and owner, Paula Moss. The company has £152,489 in assets and utilizes a virtual address, with 43 other companies registered at the same location. It employs just one person and is classified as a small company, meeting two of three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

Mcats It Limited provides complete IT solutions for both enterprises and small and medium-sized businesses (SMEs). The company’s website highlights its expertise in managed services, professional services, cyber security, backup solutions, and IT health checks. It caters to businesses seeking robust resilience against cyber security risks and expert IT support. The website emphasizes a range of services, including umbrella support packages, cyber gap analysis, security awareness training, and cloud storage solutions. It also offers professional technical services and IT packages for SMEs, including free cyber security awareness training.

Financially, Mcats It Limited presents a mixed picture. While current assets increased by 17% to £150,000, cash bank on hand experienced a significant drop of 74%, plummeting to £19,000. Debtors have ballooned by 140%, reaching £130,000, which could indicate a reliance on credit sales or delayed payments. Creditors also increased by 10%, reaching £96,000. On a positive note, prepayments have surged by 130%, suggesting increased customer deposits. Net assets, however, only increased by 25%, reaching £59,000. The company’s small size and lack of an auditor (likely exempt as a small company) mean the figures are unaudited.

Overall, Mcats It Limited appears to be navigating a period of change. While revenue generation seems strong, the decrease in cash reserves and increase in debt suggest a need for careful financial management. The company’s focus on providing comprehensive IT services and its commitment to cyber security solutions position it well in a growing market, but its long-term success will depend on its ability to maintain a healthy balance sheet.

Registered in England/Wales under the registration number 12563513, with a registered address at HA1 1BE, United Kingdom, Harrow, Middlesex, Hygeia Building, Rear Ground Floor, 66-68 College Road.

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