M.e.s.powersports Limited

Mes Powersports Ltd, based in Deeside, UK, is a small, active company established nineteen years ago. With six employees and £2,112,758 in assets, it operates from a real address and is overseen by three directors and two owners. The company boasts a stellar 5.0 Google rating from 108 reviews, a testament to its customer service. It regularly imports goods, though the specific category remains unspecified, and occasionally exports ships, boats, and floating structures.

The company’s activities encompass the repair and maintenance of ships and boats, alongside the retail sale of sports goods, fishing gear, camping goods, boats, and bicycles, and online retail. Its website, while currently unavailable, likely reflects this diverse range of services and products.

Financially, Mes Powersports Ltd presents a mixed picture. While current assets increased by 27% to £2,100,000, equity plummeted 57% to £190,000. Cash reserves experienced a significant drop of 39%, settling at £160,000. Creditors have also risen considerably, increasing by 51% within a year and 260% after one year, reaching £1,900,000. Trade debtors, however, decreased by 42%, suggesting improved collection practices. The company’s small size—meeting two of three criteria for a small company—allows for flexibility, but the substantial equity decline warrants attention. With no auditor mentioned, the financial statements are unaudited.

The trends suggest a period of transition. While revenue seems to be growing, profitability is under pressure, and the company is relying more on credit. Whether this is a temporary setback or a longer-term challenge remains to be seen, but Mes Powersports Ltd’s strong Google rating indicates a loyal customer base that could help it weather the storm.

Registered in England/Wales under the registration number 05715107, with a registered address at CH5 2NY, United Kingdom, Deeside, Flintshire, Unit 17 Drome Road, Deeside Industrial Park.

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