Mecelec Design Limited

Mecelec Design Ltd, based in Park Gloucester, UK, is a small holding company with an active status, celebrating 35 years since its founding in 1989. The company employs 19 people and holds assets worth £1,014,993. It operates from a real address, managed by one director and one owner. While it imports machinery, boilers, and mechanical appliances irregularly (last import in April 2023), it regularly exports optical and medical tools and devices (last export in May 2024).

The company’s website highlights its focus on providing "special purpose engineering solutions" across aerospace, automotive, and defence industries. It doesn’t appear to be an e-commerce business; instead, it acts as a design and engineering consultancy, showcasing projects and expertise rather than selling products directly. There’s a strong emphasis on bespoke, complex engineering, with dedicated sections for each industry, and a contact form for inquiries. The website’s design is clean and professional, reflecting a focus on technical expertise.

Financially, Mecelec Design Ltd presents a mixed picture. While current assets increased by 25% to £1,000,000, net losses deepened by 53% to £81,000. Bank borrowings decreased by 50% to £10,000, and cash reserves increased by 20% to £340,000. Trade debtors decreased by 49% to £150,000, suggesting improved collection efforts. 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 flexibility, but the significant loss raises concerns. With no auditor mentioned (likely exempt as a small company), the figures are unaudited. The decline in average employees reported during the period, from 19 to 14, is also worth noting, which could be a temporary fluctuation or a sign of restructuring.

Registered in England/Wales under the registration number 02410618, with a registered address at GL2 2AF, Park Gloucester, Gloucestershire, Units 1 & 2 Brearley Court, Baird Road Waterwells Business.

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