Michael Stewart Pressure Washers Ltd

Michael Stewart Pressure Washers Ltd, based in Lisburn, Northern Ireland, is a small, family-run business with an active status. Established 23 years ago in 2001, the company employs twelve people and holds assets totaling £1,931,178. It operates from a real address and is managed by three directors and two owners. The business also runs an e-commerce site and enjoys a stellar 5.0 Google rating from 56 reviews. It's an irregular importer, primarily bringing in machinery, boilers, and mechanical appliances; parts, with the last import operation recorded one month ago.

The company specializes in providing cleaning services, and its website highlights pressure washing services for both residential and commercial properties. They offer a range of equipment and solutions for various cleaning needs, emphasizing quality and efficiency. While the website doesn't explicitly detail other ventures, it showcases a commitment to customer satisfaction and professional results.

Financially, Michael Stewart Pressure Washers Ltd presents a mixed picture. Current assets have increased by 23% to £1,900,000, while net losses deepened from -£10,000 to -£23,000. Bank borrowings surged by 25% to £31,000, and cash reserves fell 30% to £110,000. Trade debtors ballooned by 45%, suggesting delayed customer payments or expanded credit terms, and creditors rose 36% to £400,000. 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, but the sharp equity drop raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Despite the financial pressures, Michael Stewart Pressure Washers Ltd appears to be a well-regarded business with a strong online presence. Its family-run nature and commitment to customer service likely contribute to its positive reputation, but sustaining growth will depend on managing its finances and adapting to market conditions.

Registered in Northern Ireland under the registration number NI041395, with a registered address at BT28 2LU, Northern Ireland, Lisburn, Lissue East Industrial Estate, 14 Lissue Walk.

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