M.d.f. (gt Yarmouth) Ltd.

Mdf Gt Yarmouth Ltd from Great Yarmouth UK is a small, active company founded 29 years ago in 1995. With 33 employees and £1,263,653 in assets, it’s a well-established player in the local economy. The company has two directors and one owner, and boasts a stellar 5.0 Google rating from 17 reviews. It operates from a real address, and is an irregular importer of vehicles, parts, and accessories – the last import activity was recorded one month ago in June 2023.

The company’s core business revolves around the maintenance and repair of motor vehicles, as well as freight transport by road. It’s a relatively small operation, meeting two of the three conditions to be classified as small (turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees). The company's website is not available, making it difficult to assess its online presence or e-commerce activities.

Financially, Mdf Gt Yarmouth Ltd presents a mixed picture. Creditors increased by 12%, while cash bank on hand plummeted by 92%, leaving just £23,000 in reserves. Trade debtors also rose significantly, up 320%, suggesting potential issues with customer payments. However, net assets did increase by 10%, reaching £2.1 million, and prepayments decreased by 4%. The company’s bank borrowings increased by 2400%, reaching £29,000, and the company’s tax expense increased by 220%. The company’s net current assets liabilities dropped to -£61,000. As a small company, it is exempt from an audit, so the figures are unaudited.

The company’s reliance on irregular imports could be a vulnerability, and the sharp decrease in cash reserves warrants close attention. Despite these challenges, the company’s long history, positive Google rating, and established presence in the local market suggest a resilient business.

Registered in England/Wales under the registration number 03106432, with a registered address at NR31 0NN, England, Great Yarmouth, Norfolk, Grampian House Hewett Road, Gapton Hall Industrial Estate.

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