M.h. Equipment Limited

M.H. Equipment Limited, based in Rochester, UK, is a small, active company established 32 years ago. With six employees and £195,306 in assets, it’s a family-run business operating from a real address and overseen by three directors and one owner. The company boasts a perfect 5.0 Google rating based on three reviews, a testament to its customer service. It regularly imports machinery, boilers, and mechanical appliances – parts, with ten months of import activity recorded.

The company’s core business revolves around demolition and recycling equipment. Its website showcases a wide range of attachments for hire, including breakers, pulverisers, and compactor plates, delivered and installed across the Southeast of England. It also offers a comprehensive service, repairing attachments and providing mounting cradles and steels. Beyond hire, M.H. Equipment Limited sells both new and used demolition tools, leveraging an engineering facility to support its products. The website also highlights a 35-year history of supplying the construction and demolition industry, and its role as a long-standing Indeco dealer.

Financially, M.H. Equipment Limited’s recent performance presents a mixed picture. Current assets have decreased by 58%, dropping to £200,000, while cash reserves have plummeted 72%, leaving just £24,000. Bank borrowings have risen, and creditors have decreased by 59%, suggesting some improvements in debt management. 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 decline in equity—retained earnings and accumulated losses—raises questions. Dividends paid have increased to £2,900. The accounts are unaudited, and no auditor is mentioned, which is typical for small companies.

Overall, M.H. Equipment Limited seems to be navigating a period of financial adjustment. While its equipment hire and sales business appears active, the reduced asset base and cash reserves suggest a need for careful management. The company’s long-standing reputation and focus on customer service should help it weather these challenges, but future performance will depend on maintaining its market position and controlling costs.

Registered in England/Wales under the registration number 02801628, with a registered address at ME2 4DZ, England, Rochester, Kent, The Whitewall Centre, Whitewall Road.

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