Mec Com Limited

Mec Com Ltd from Stafford, UK, is a sizable company, active and celebrating 25 years in business, employing 104 people. With assets totaling £5,998,038 and yearly revenue of £16,358,039, it’s a significant player. The company, which has four directors and two owners, operates from a real address and runs an e-commerce site, boasting a 4.0 Google rating based on eight reviews. They are regular importers and exporters of electrical machinery and equipment, with 318 months of import activity and 473 months of export activity recorded.

The company’s website details its role as a key provider of electromechanical components and assembly services, catering to customers seeking total manufacturing solutions. They specialize in sheet metal fabrication and assembly, offering services like electromechanical assembly and testing. Mec Com operates two manufacturing sites – one in the UK and another in Romania – and emphasizes its ability to provide competitive solutions to businesses worldwide. They’ve recently invested in new equipment, including an Amada press brake and a TruMatic 1000 laser machine, highlighting their commitment to innovation.

Financially, Mec Com Ltd presents a mixed picture. While turnover increased by 13%, to £16 million, the company’s net assets decreased by 10%, to £3.2 million. Bank borrowings decreased significantly, by 41%, to £1.2 million, and cash reserves increased by 130%, to £790,000. However, creditors increased by 18%, to £1.1 million, and net losses deepened from -£550 to -£550. The company’s size (meeting two of three criteria for a large company) suggests it’s a well-established operation, but the increase in creditors could indicate some financial strain. The accounts are audited by Rice & Co Limited.

Overall, Mec Com Ltd appears to be a stable and growing company, actively engaged in the manufacture and supply of electrical equipment. While the increase in creditors warrants monitoring, the company’s investments in new technology and its commitment to customer service position it well for continued success.

Registered in England/Wales under the registration number 03954360, with a registered address at ST18 0PF, Stafford, Units 15 A-C Airfield Industrial Estate, Hixon.

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