Mervyn Lambert Plant Limited

Mervyn Lambert Plant Ltd, based in Ipswich, UK, is a large, active company established 37 years ago. With 109 employees and £12.7 million in assets, the company generates £22.1 million in yearly revenue. Despite a virtual address, it operates with three directors and a solo founder, maintaining a respectable 4.0 Google rating from 13 reviews. The company regularly imports electrical machinery and equipment (for 15 months) and exports machinery, boilers, and mechanical appliances (for 4 months).

The company’s core business revolves around plant and machinery hire, serving clients across East Anglia. They offer a comprehensive range of equipment, from mini diggers and dumpers to telehandlers and welfare units, catering to diverse construction and industrial needs. Beyond plant hire, Mervyn Lambert Plant Ltd also sells new and used equipment, acting as a main dealer for Takeuchi and XCMG brands. Their website showcases a commitment to quality, offering services like hydraulic repairs, training, and even traffic light sales. They’ve recently completed a project with BAM Nuttall and the Suffolk Wildlife Trust, demonstrating their involvement in significant infrastructure initiatives.

Financially, the company shows a mixed picture. While current assets remain steady at £13 million, accrued liabilities have decreased by 26%, suggesting improved financial management. However, the amount owed by directors has risen significantly by 59%, and the company’s bank borrowings have also increased. Despite these changes, the company’s net assets have increased by 25%, indicating overall financial health. The company’s turnover has increased by 6.6%, and the company is showing a profit. The lack of an auditor is typical for a company of this size.

Overall, Mervyn Lambert Plant Ltd appears to be a well-established player in the plant hire market, demonstrating resilience and adaptability. The company’s continued investment in new equipment and services suggests a commitment to long-term growth, although the increase in director advances warrants closer monitoring.

Registered in England/Wales under the registration number 02144098, with a registered address at IP7 5EA, Ipswich, Suffolk, 89 High Street, Hadleigh.

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