Melford Technologies Limited

Melford Technologies Ltd, based in Amersham, UK, is a small, active company founded ten years ago. With 18 employees and £978,798 in assets, it’s a well-established player in the electrical machinery and equipment sector. The company, led by four directors and one owner, regularly imports and exports these products—54 months of import activity and 62 months of export activity recorded. It has a real registered address, and the list of directors was changed eleven months ago.

The company specializes in digital display interactive solutions, designing, manufacturing, and deploying bespoke solutions for clients across various sectors. Its website highlights expertise in digital signage, touch screen kiosks, and rugged displays, catering to marine, transport, and military industries, as well as retail and hospitality. It also offers services like installation, maintenance, and support, and has case studies showcasing its work with clients like Medway Council and Europcar. The company’s website even has a section for valued clients, and a blog with insights.

Financially, Melford Technologies Ltd shows some concerning trends. Current assets have decreased by 36% to £980,000, while net assets have increased by 16% to £510,000. Bank borrowings have significantly reduced by 28% to £130,000, and cash reserves have plummeted 86% to just £50,000. Creditors have also decreased by 11% to £400,000. 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 sharp drop in cash reserves warrants attention. The company is exempt from an audit, so the numbers are unaudited.

The company’s financial performance suggests it’s burning through cash, possibly due to increased investment in its bespoke solutions or perhaps a slowdown in sales. The reduction in bank borrowings is a positive sign, but the company will need to carefully manage its cash flow to ensure long-term sustainability.

Registered in England/Wales under the registration number 09323516, with a registered address at HP7 9JQ, England, Amersham, Units 3 And 4 White Lion Road, St Georges Ind Est.

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