M H Massey Roofing & Cladding Limited

Mh Massey Roofing And Cladding Ltd, based in Bristol, UK, is a small, active family business established 25 years ago. With 16 employees and £3,014,643 in assets, the company operates from a real address and is overseen by two directors and three owners. They regularly import aluminum and aluminum products, with their last import activity recorded four months ago in April 2024.

The company specializes in roofing activities, providing services to both residential and commercial clients. While no website is available to examine, the nature of their business suggests a focus on direct sales and project-based work rather than e-commerce.

Financially, Mh Massey Roofing And Cladding Ltd presents a mixed picture. While cash reserves increased significantly by 82% to £1,100,000, current assets decreased by 13% to £3,000,000. Trade debtors saw a substantial drop of 32%, falling to £1,300,000, which could indicate improved collection practices or a slowdown in sales. Creditors, however, increased by 55%, reaching £770,000, potentially reflecting increased material costs or supplier credit terms. 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 rise in creditors warrants attention. The company’s net assets increased by 20% to £1,900,000. The lack of an auditor mentioned (likely exempt as a small company) means the financial statements are unaudited.

Overall, Mh Massey Roofing And Cladding Ltd appears to be navigating a period of change. While cash flow is healthy, managing creditor levels will be key to maintaining financial stability.

Registered in England/Wales under the registration number 03780288, with a registered address at BS13 7TW, Bristol, No. 2 Cater House, Cater Road Bishopsworth.

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