Mercia Movers Ltd

Mercia Movers Ltd, based in Tamworth, UK, is a small, active company established five years ago. Employing ten people and holding £305,212 in assets, it operates from a real address and is managed by two directors and two owners. The company irregularly imports furniture, lighting, and prefabricated buildings (last import in November 2022) and exports art and antiques (last export in December 2022). It provides removal services, both domestic and international, with a focus on European and worldwide destinations.

The company’s website showcases a wide range of services, including packing, storage, and vehicle shipping. It caters to both individual and business clients, offering solutions for home moves, office relocations, and exhibition transport. The website also highlights a newly refurbished head office with a world map feature, emphasizing their ability to ship to almost any country. Mercia Movers has a Google rating of 4.3 stars, with customers praising their professionalism and care.

Financially, Mercia Movers Ltd presents a mixed picture. Cash bank on hand has declined by 42% to £140,000, while trade debtors have increased significantly by 45% to £160,000. Net assets have fallen by 20% to £98,000, and net current assets have turned negative, dropping 130% to -£23,000. However, creditors have decreased by 28%, suggesting improved debt management. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the decline in equity and negative current assets indicate potential financial pressure. The accounts are unaudited, as is common for small companies, and no auditor is mentioned.

The company’s irregular import and export activity, coupled with the fluctuating financials, suggests a business navigating challenges in a competitive market. While Mercia Movers maintains a strong online presence and positive customer reviews, the financial data raises questions about its long-term sustainability.

Registered in England/Wales under the registration number 12071048, with a registered address at England, Tamworth, Staffordshire, Unit I Riverside Industrial Estate, Atherstone Street, Fazeley.

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