Mechtronic Limited

Mechtronic Ltd from Leeds UK: small company, holding company, active status, founded 21 years ago, 20 employees, £3,300,356 assets, real address, 5 directors, 1 owner. Regular importer of optical and medical tools and devices (110 months imported). Regular exporter of vehicles, parts, and accessories (not for trains or trams) (43 months exported). Mechtronic Ltd operates as a small holding company based in Leeds, UK, with a history spanning two decades. Employing twenty people and holding assets valued at £3.3 million, it functions as a holding entity with a real address and a board of five directors, overseen by a single owner. The company’s core business revolves around importing optical and medical tools and devices—a consistent activity over the last eleven months—and exporting vehicles, parts, and accessories, excluding those for trains or trams, for nearly four years.

The company’s website is not available for analysis.

Financially, Mechtronic Ltd presents a mixed picture. While net assets increased by a substantial 46% to £1.5 million, cash reserves took a hit, decreasing by 37% to £580,000. Trade debtors have surged, increasing by a remarkable 200% to £1.4 million, which could indicate increased sales or potentially delayed payments. On the other hand, creditors also rose by 34%, reaching £2 million, suggesting the company is taking on more short-term debt. Average employees reported during the period increased by 25% to twenty-five, which could be a sign of growth or perhaps a temporary staffing adjustment. The company's small size—meeting two of three criteria for being classified as small—helps it remain flexible, but the increase in debt and the decrease in cash reserves warrant close monitoring. The lack of an auditor mentioned suggests the company is exempt from an audit as a small company, relying on unaudited financial statements.

It seems Mechtronic Ltd is experiencing a period of expansion, with increased sales and a larger workforce. However, it’s also taking on more debt to finance this growth, and its cash reserves have dwindled. Whether this is a sustainable strategy remains to be seen, but the company’s diversified business model—importing medical equipment and exporting vehicle parts—provides some resilience.

Registered in England/Wales under the registration number 05024854, with a registered address at LS12 4RY, England, Leeds, West Yorkshire, 15 Lower Wortley Road.

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