Mdl Powerup Limited

Mdl Powerup Ltd from Carlisle UK: a small, active company founded 15 years ago, employs eight people, and holds £640,778 in assets. It's a family business with a stellar 5.0 Google rating from 95 reviews. The company regularly imports machinery, boilers, and mechanical appliances, parts, with 116 months of import activity recorded. It has two directors and two owners, and operates from a real address.

The company’s website, mdlpowerup.com, positions itself as a leading provider of agricultural equipment. It’s a retailer, selling log splitters, log saws, chippers, flail mowers, and other machinery, and even offers fabrication work. The site emphasizes high-quality equipment, a three-year warranty, and a commitment to building long-lasting customer relationships. It even has a YouTube channel showcasing its machinery in action.

Financially, Mdl Powerup Ltd’s recent performance shows some concerning trends. Current assets have fallen by 15%, to £640,000, while net assets have plummeted 84%, to just £13,000. Bank borrowings have remained steady at £35,000, but cash reserves have dropped significantly by 66%, to just £90. Trade debtors have increased dramatically by 130%, suggesting a possible reliance on customer payments. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the sharp decline in equity raises questions about its financial health. With no auditor mentioned, the figures are unaudited.

Overall, Mdl Powerup Ltd appears to be facing some financial headwinds despite its strong customer reviews and reputation for quality. Whether it can weather these challenges and maintain its position as a leading agricultural equipment provider remains to be seen.

Registered in England/Wales under the registration number 07135552, with a registered address at CA5 7NY, United Kingdom, Carlisle, Cumbria, Unit 1b Barras Lane Industrial Estate, Dalston.

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