Mh Goals Ltd

MH Goals Ltd, based in Beccles, UK, is a small, family-run business with an active status. Founded nine years ago, the company employs nineteen people and holds £1,324,571 in assets. With a real registered address and three directors alongside two owners, it's a tight-knit operation. The company is an irregular importer and exporter of toys, games, and sports equipment, with recent activity recorded in 2021 and 2023 respectively.

The company’s website showcases a wide range of sports equipment, from football goals to cricket bats, catering to schools, clubs, and contractors. It’s a leading manufacturer specializing in goal post safety and design, boasting certifications like ISO9001 and FIFA quality standards. The site highlights a commitment to quality and even offers team shelters and line marking services. It’s clear they are trying to be a one-stop shop for all things sports equipment.

Financially, MH Goals Ltd shows a mixed bag. Cash reserves increased by a significant 41% to £660,000, a positive sign of improved liquidity. However, trade debtors have risen by 33% to £400,000, which could indicate delayed customer payments. Creditors also increased by 14% to £620,000. 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 stay agile. Equity has increased by a substantial 71% to £880,000, a strong indicator of overall health. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, MH Goals Ltd appears to be a healthy, growing business, though it will need to keep an eye on its debtors to ensure continued financial stability. The company's focus on quality and safety, combined with its wide range of products, positions it well for continued success in the sports equipment market.

Registered in England/Wales under the registration number 09995464, with a registered address at NR34 7TD, England, Beccles, Unit 7a Ellough Industrial Estate, Ellough.

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