Midwest Office Equipment Limited

Midwest Office Equipment Ltd from Sherborne UK is a small, active company founded 14 years ago. With seven employees and £83,561 in assets, it’s a modest operation managed by three directors and two owners. It holds a respectable 4.0 Google rating based on 16 reviews. The company is an irregular importer, bringing in paper and paperboard products, with the last import activity recorded one month ago in July 2022.

The company’s website showcases a wide array of office supplies, from paper and envelopes to furniture and technology. It operates both an online store and a retail shop in Sherborne, catering to businesses and individuals alike. The website offers services like printing, photocopying, and binding, alongside a comprehensive catalogue of products—including PPE, cleaning supplies, and even gaming consoles. Midwest Office Equipment also has a dedicated section for bespoke printing and offers a business account service with free delivery within a 25-mile radius.

Financially, Midwest Office Equipment Ltd presents a mixed picture. While average employee numbers increased slightly to eight, cash bank on hand saw a healthy jump of 41% to £20,000. However, creditors decreased by 3.2% to £96,000, and net assets plummeted 95% to just £250. Trade debtors also experienced a significant drop of 56%, suggesting improved collection rates, or a reduction in credit sales. The company's small size—meeting two of three conditions for a small company—allows for flexibility, but the sharp decline in equity is a cause for concern. As a small company, it’s exempt from an audit, so the figures are unaudited. The company's future depends on maintaining its customer base and managing its finances effectively.

Registered in England/Wales under the registration number 07323015, with a registered address at DT9 3PU, Sherborne, Dorset, 21 Cheap Street.

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