Mechline Developments Limited

Mechline Developments Ltd, based in Milton Keynes, UK, is a sizable company with an active status, having operated for 33 years. Employing 50 people and boasting assets of £13,167,808, it functions as a holding company, importing and exporting machinery, boilers, and mechanical appliances—parts regularly. The company has five directors and one owner, and currently holds a 3.0 Google rating based on four reviews.

The company's website reveals a broad range of products and services geared towards the commercial kitchen and environmental hygiene sectors. Beyond its core business of supplying equipment, Mechline offers solutions like air and surface sanitisation, drain maintenance, and pest control. It also provides CAD drawings and other resources for its customers. The website highlights several brands, including AquaJet, BaSix, and CaterGuard, showcasing a diverse product portfolio.

Financially, Mechline Developments Ltd appears to be in a stable position. While net assets decreased by 1.6%, falling to £11,000,000, cash reserves increased significantly by 120%, reaching £3,500,000. Bank borrowings were reduced by a remarkable 100%, eliminating all outstanding debt. Trade debtors also decreased, suggesting improved payment collection. However, staff costs increased by 2.8%, and administrative expenses remained consistent, indicating a focus on operational efficiency. The company’s size (meeting two of three criteria for a large company) and the absence of an auditor (likely exempt) mean that the figures are unaudited.

The increase in cash reserves and the reduction in debt are positive signs, but the slight decrease in net assets warrants further observation. The company’s focus on specialized hygiene solutions and its diverse product range position it well in the commercial kitchen market, but maintaining profitability amid rising staff costs will be key to its long-term success.

Registered in England/Wales under the registration number 02632823, with a registered address at MK10 0DE, England, Milton Keynes, Buckinghamshire, One Brudenell Drive, Brinklow.

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