Mec - Serv Ltd

Mec-Serv Ltd from Bristol UK: a small, active company founded 19 years ago, employs 19 people, and holds £2,778,259 in assets. It has a real address, three directors, and one owner. The company regularly imports plastics and plastic products, with 33 months of import activity recorded.

Mec-Serv Ltd specializes in underfloor heating, screeding, and acoustic solutions, operating as a market leader in these areas. It offers a full design, supply, and installation service, and even acts as an OEM manufacturer of bespoke UFH products. The company has been operating in the UK for over 10 years, and its website highlights projects for schools, hospitals, care homes, and commercial builds. They also have a separate business, 1066 Pianos, which is a high-end piano restoration business.

Financially, Mec-Serv Ltd shows some concerning trends. Creditors decreased by 24%, which is good, but bank borrowings increased by a significant 2,400% to £18,000. Cash reserves fell 77% to £230,000, and net assets dropped 14% to £500,000. Trade debtors decreased by 27%, which could indicate improved collection practices. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp equity drop suggests the company is burning through cash. With no auditor mentioned, the figures rely on unaudited statements.

The company's dual focus—underfloor heating and piano restoration—presents an interesting dynamic. While the heating business appears to be well-established, the financial data suggests Mec-Serv Ltd is facing some challenges, and it is likely that the company is working hard to maintain its financial health.

Registered in England/Wales under the registration number 05698643, with a registered address at BL1 4QZ, Bolton, C/O Ideal Corporate Solutions Limited Lancaster House, 171 Chorley New Road.

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