M.c.s. Data Networks Limited

Mcs Data Networks Ltd from Staffordshire UK: small company, holding company, active status, founded 20 years ago, 9 employees, £333,343 assets, real address, 3 directors, 1 owner. Irregular importer of electrical machinery and equipment (1 months imported). It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The last reported current assets is £333,343.

The company operates in the information technology consultancy activities industries. It’s a holding company, and its status is active. It was incorporated twenty years ago on October 26, 2004, and is based at B77 5NF, Staffordshire, 144 Overwoods Road, Hockley, Tamworth. The address is probably real as only one company registered at the address. It’s an irregular importer, with its top import category being Electrical machinery and equipment, totaling 1 months of imports. The last import operation was conducted on December 01, 2022.

Mcs Data Networks Ltd installs data networks, security systems, and electrical installations, including home networking, CCTV, intruder detection, and access control. The company, based in the Midlands, serves clients throughout the UK and Europe. Established in 2002 by Mark and Carol Smith, it has expanded from data cabling to encompass a wide range of services, including public announcement systems, integrated systems, and electrical installations. With a team of highly skilled engineers, the company offers bespoke security solutions, data cabling design, and fibre optic installations.

Financially, the company shows some interesting trends. Current assets have decreased by 5.5% to £330,000, while net assets have fallen 8.4% to £130,000. Bank borrowings have been reduced by 17% to £28,000, and cash reserves have dropped significantly by 63% to £11,000. On the positive side, creditors have decreased by 6.7%, suggesting better debt management. The average number of employees has increased by a substantial 33% to 12, which may indicate growth, but also potentially increased costs. The company is exempt from an audit as a small company. It's not clear why the cash reserves have fallen so much, but it could be due to increased investment in the business or higher operating expenses.

Registered in England/Wales under the registration number 05270467, with a registered address at B77 5NF, Staffordshire, 144 Overwoods Road, Hockley, Tamworth.

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