Met Development London Ltd

Met Development London Ltd is a small, active company based in London, UK, established eleven years ago in May 2014. The company, with five employees and £440,008 in assets, operates from a real address on Lea Bridge Road. It’s led by one director and owner, Susuz Metin. The business specializes in the development of building projects, acting as a construction specialist, and has a website showcasing its work in new build flats, mixed-use developments, and high-end single developments. It also offers management contracting services and investment solutions. The company is an irregular importer, with its top import category being machinery, boilers, and mechanical appliances; parts, totaling two months of imports, the last operation conducted on June 01, 2023.

The website highlights the company's approach, services, and projects, emphasizing its expertise in construction and management contracting. It even has a separate section dedicated to its development services, targeting investors seeking construction and estate opportunities. The site also includes links to privacy policies and contact information, and is made by Pineapple Digital Marketing Limited.

Financially, Met Development London Ltd presents a mixed picture. Current assets decreased by 15% to £440,000, while net assets increased by 31% to £25,000. Bank borrowings decreased by 32% to £22,000, and cash reserves increased by a significant 160% to £240,000. Creditors decreased by 32% to £22,000, suggesting improved debt management, but trade debtors plummeted by 55% to £180,000, which could indicate challenges in collecting payments. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the decrease in debtors is something to watch. No auditor is mentioned, likely due to its small size, and the accounts are unaudited.

Overall, Met Development London Ltd seems to be navigating a period of change. While it has increased its cash reserves, the decrease in debtors is something to keep an eye on. The company's focus on building projects and its online presence suggest a commitment to growth, but financial stability will be key to its long-term success.

Registered in England/Wales under the registration number 09044294, with a registered address at E10 7EB, England, London, 491 Lea Bridge Road.

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