Midlands Power And Motion Ltd

Midlands Power And Motion Ltd from Daventry UK: a small, active company founded 24 years ago, employs six people, and holds £1,085,736 in assets. With a real address, four directors, and three owners, it boasts a stellar 5.0 Google rating based on nine reviews. The company is an irregular importer of machinery, boilers, and mechanical appliances; parts (imported for just one month, last in 2016), but a regular exporter of the same items (exported for 21 months, last in 2022).

The business operates in the other business support service activities n.e.c. industries. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, and employees less than 50. The company’s website is non-existent, so it’s hard to know if it’s an e-commerce operation.

A review of the company’s financials reveals some interesting trends. Accumulated depreciation for land and buildings increased slightly, while depreciation for vehicles decreased. Cash bank on hand rose by nearly 5%, a positive sign. However, corporation tax payable jumped dramatically, and creditors also increased. Trade debtors decreased significantly, which could indicate better debt collection, or perhaps a slowdown in sales. Equity rose, but the company's net assets liabilities also increased. The company's total inventories increased by a whopping 360%, which could be a sign of overstocking, or perhaps a strategic move to secure supply chains.

Despite the mixed signals, the company appears to be holding its own. The increase in cash reserves is encouraging, and the decrease in trade debtors suggests improved financial management. However, the rise in corporation tax and creditors warrants closer attention. With no auditor mentioned, the financial statements are unaudited, so it’s difficult to get a completely clear picture. The company's small size and agility, however, should allow it to adapt to changing market conditions.

Registered in England/Wales under the registration number 04090513, with a registered address at NN11 8PJ, United Kingdom, Daventry, 15 Royal Oak Way South, Royal Oak Industrial Estate.

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