M D Engineering Fluid Power Limited

Md Engineering Fluid Power Ltd, based in Houghton Le Spring, UK, is a small, active company founded seven years ago. With ten employees and £388,664 in assets, it's a modest operation managed by three directors and owners. The company boasts a perfect 5.0 Google rating from three reviews and operates from a real address. It’s an irregular importer, primarily dealing in machinery, boilers, and mechanical appliances, with its last import activity recorded one month ago in March 2022.

The company’s website highlights its expertise in hydraulic fluid power, offering services like design, manufacture, training, and repairs. It's a specialist in hydraulic engineering, offering bespoke solutions and even providing training courses accredited by City & Guilds and BFPA. The website showcases a range of projects, including hydraulic test units and power units, demonstrating its capabilities in designing and manufacturing specialist equipment. It also operates as an official stockist and repair centre for world-leading brands.

Financially, Md Engineering Fluid Power Ltd shows a mixed picture. Current assets have decreased by 18% to £390,000, while net assets have fallen 6.1% to £260,000. Bank borrowings have also seen a decrease, falling 1.9% to £11,000. However, cash reserves have declined significantly by 21%, dropping to £140,000. Creditors have decreased by 24%, suggesting improved debt management. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the decrease in cash reserves and net assets warrants attention. There’s no auditor mentioned, so the figures are unaudited.

Overall, Md Engineering Fluid Power Ltd appears to be navigating a period of change. While its core business seems solid, the financial data suggests a need for careful management to ensure long-term stability and growth.

Registered in England/Wales under the registration number 10855605, with a registered address at DH4 6JN, England, Houghton Le Spring, Co Durham, Factory 5 Blackthorn Way, Fencehouses.

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