Mdo Pipefitting Solutions Limited

Mdo Pipefitting Solutions Limited, based in Sittingbourne, UK, is a small, active company founded six years ago. With four employees and £192,465 in assets, it operates from a real address and is managed by two directors and owners. The company regularly imports plastics and plastic products, with five months of import activity recorded.

The business offers a range of services, from installations and repairs to sales of Bnninger products, positioning itself as a one-stop shop for pressurised mechanical plumbing systems. It has cultivated connections with large companies and is one of only two UK companies selling Bnninger products. The company's website highlights its commitment to high-quality work and easy customer access through a contact form and direct phone numbers.

Financially, Mdo Pipefitting Solutions Limited demonstrates a mixed picture. While current assets increased by 24% to £190,000, net assets grew by 32% to £250,000. However, bank borrowings increased significantly, rising by 3,500% to £3,500, and cash reserves saw a substantial jump of 2000% to £14,000. Creditors also increased by 64% to £85,000. 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 increased debt warrants attention. The accounts are unaudited, likely due to its small size, and no auditor is mentioned.

The increase in bank borrowings and creditors suggests the company may be burning through cash to fuel growth or cover operational expenses. The substantial increase in cash reserves, however, indicates a recent influx of funds, perhaps from a loan or increased sales. It's possible the company is investing in its Bnninger product sales, given its exclusivity in the UK market.

Registered in England/Wales under the registration number 12000918, with a registered address at ME10 4RB, United Kingdom, Sittingbourne, 21 Peony Crescent.

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