M.f.h. Contract Engineering Services Limited

Mfh Contract Engineering Services Ltd from Sheffield, UK, is a small, holding company with an active status, having been founded 49 years ago in 1975. The company employs just two people and holds £1,233,689 in assets. It operates from a virtual address – ten companies are registered there – and is overseen by five directors and one owner. Google users rate it 4.0 out of 5 based on five reviews. The company is an irregular importer, mainly dealing in machinery, boilers, and mechanical appliances, with its last import activity recorded one month ago.

The company's website details a range of engineering services, including maintenance, machine moving, installation, and equipment hire. Established in 1972, it's now one of the UK's leading maintenance and project support companies, providing solutions like maintenance packages, manpower, and machinery relocation. It operates from Leeds, Sheffield, Leicester, and Birmingham, serving clients across the UK and Europe. The website showcases its capabilities in project management, welding, fabrication, and disaster recovery. It also has a division focused on piano restoration, a separate business with a showroom in Harrods.

Financially, Mfh Contract Engineering Services Ltd presents a mixed picture. Current assets decreased by 21% to £1,200,000, while net assets increased by 15% to £770,000. Bank borrowings dropped significantly by 90% to £1,700, and cash reserves increased by 240% to £76,000. Trade debtors decreased by 31%, suggesting improved collections, while creditors increased by 65%, which could be due to increased purchasing activity. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the significant increase in creditors should be monitored. The company is exempt from an audit, and the financial statements are unaudited.

Overall, Mfh Contract Engineering Services Ltd seems to be holding its own, with a solid base of operations and a range of services. However, the increase in creditors warrants close attention to ensure the company’s financial health remains stable.

Registered in England/Wales under the registration number 01221283, with a registered address at S2 3PS, England, Sheffield, 38 East Bank Road.

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