Mellor Plant Uk Ltd

Mellor Plant Uk Ltd from Clitheroe, UK, is a small, active company founded thirteen years ago in 2012. With nine employees and £2,387,655 in assets, it operates from a virtual address, a detail worth noting as twenty-eight companies share the same location. The business is led by a single director and owner, Hayes Gordon Wallace, who also acts as the solo founder. It regularly imports vehicles, parts, and accessories (excluding trains and trams), with the last import occurring in October 2024. It exports machinery, boilers, and mechanical appliances parts irregularly, with the last export recorded in February 2018.

The company's website is not available, which makes it difficult to determine if it operates as an e-commerce business.

Financially, Mellor Plant Uk Ltd presents a mixed picture. While cash reserves have increased by a significant 120%, reaching £240,000, other areas show cause for concern. Net assets increased by 11%, reaching £1,500,000, but liabilities have also risen, with bank borrowings decreasing slightly to £110,000. Trade debtors have increased by a substantial 29%, reaching £1,100,000, which could indicate challenges in collecting payments. Creditors have increased by a large 96%, reaching £34,000. It’s worth noting that the company’s small size – meeting two of three criteria to be classified as small – means it’s likely exempt from an audit, relying on unaudited financial statements.

The company's financial data suggests a period of growth, but also increased financial pressures. The increase in trade debtors and creditors, alongside the increased liabilities, may indicate a need for better cash flow management. It’s possible that the company is investing in growth, but it’s also possible that it’s facing challenges in managing its working capital.

Registered in England/Wales under the registration number 07990271, with a registered address at BB7 9WB, Clitheroe, Lancashire, Suites 5 & 6 The Printworks, Hey Road Barrow.

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