Mechelec Automation Limited
- Small
- Active
- 11 years
- 2 employees
- £173,385 (assets)
- Virtual address
- 2 directors
- 2 owners
- Irregular importer
- Irregular exporter
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Social media
Summary
Mechelec Automation Ltd from Cambridge UK: a small, active company founded eleven years ago, employs just two people, and holds £173,385 in assets. Operating from a virtual address, it's managed by two directors and two owners. The company irregularly imports machinery, boilers, and mechanical appliances—parts, with one month of imports recorded in January 2024—and exports optical and medical tools and devices, with two months of export activity as of June 2024.
The company specializes in designing, manufacturing, and maintaining bespoke automation systems for various industrial sectors globally. Its website highlights expertise in robotics, software engineering, and turnkey solutions, catering to businesses seeking to improve efficiency and reliability. It even offers software engineering across a range of platforms, providing practical solutions. A selection of companies that trust Mechelec Automation are listed on the site, and the company has a patent for a trolley packer.
Financially, Mechelec Automation shows a mixed picture. Current assets have increased by 73% to £170,000, which is good news. However, net assets have jumped a staggering 240% to £75,000, which is a significant change. Bank borrowings have decreased slightly, and cash reserves have soared by 230% to £120,000—a very positive sign. Creditors have increased, suggesting a need to manage debt. 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 it to remain flexible. With no auditor mentioned (likely exempt as a small company), the figures are unaudited.
The company’s growth in cash reserves is encouraging, but the increase in creditors warrants attention. The company’s focus on automation solutions and its patent for a trolley packer suggest a commitment to innovation—but whether it can sustain this growth remains to be seen.
Registered in England/Wales under the registration number 08997846, with a registered address at CB23 4EY, England, Cambridge, Unit 5, Avenue Business Park Brockley Road, Elsworth.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Brown Timothy Jon
- 1 year
- 25%+
-
Resident of United Kingdom
-
Individual
- Powell Sharon Lesley
- 1 year
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- Powell Sharon Lesley
- 11 years
-
Resident of United Kingdom
-
Individual
- Brown Timothy Jon
- 11 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted six months ago.
Last news
-
Total exemption full accounts made up to 2024-04-30Download 8 pages pdf report
-
Confirmation statement made on 2024-10-19 with no updatesDownload 3 pages pdf report
-
Total exemption full accounts made up to 2023-04-30Download 9 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about Mechelec Automation Limited
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