Mdv Enterprise Limited

Mdv Enterprise Limited, based in Birmingham, UK, is a small, active company established 15 years ago. With seven employees and £1,090,768 in assets, it’s a modest operation led by a single director and owner. Google users rate it a perfect 5.0 based on one review, and it functions as an irregular importer, primarily dealing in electrical machinery and equipment, with the last import recorded over four years ago in 2017.

The company operates within the electrical installation industries, and its website, though not detailed, suggests a focus on audio-visual equipment supply. It’s a small company, meeting two of three conditions for classification: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

A review of its financial data reveals a mixed picture. Cash bank holdings declined by 12% to £980,000, while current assets dropped by 18% to £1,100,000. However, creditors increased by 12% to £340,000, and net assets rose by 16% to £1,000,000. Trade debtors saw a significant jump, increasing by 230% to £20,000. The company’s average number of employees increased by 14% to eight. Borrowings remained consistent at £12,000.

These trends suggest a period of adjustment. The increase in debtors could indicate a strategy to offer more credit to customers, while the rise in creditors may reflect increased supplier costs. The increase in employees suggests the company is expanding its operations, but the decrease in cash reserves warrants attention. The company is exempt from an audit as a small company, and the financial statements are unaudited.

Registered in England/Wales under the registration number 07097601, with a registered address at B7 4BS, Birmingham, 253-255 Great Lister Street.

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