M.k. Floortec Services Ltd

Mk Floortec Services Ltd, based in Sheffield, UK, is a small, active company founded 14 years ago. With four employees and £177,233 in assets, it operates from a real address and is managed by five directors and three owners, making it a family business. Its e-commerce site showcases a wide range of industrial cleaning equipment, catering to domestic, commercial, and industrial clients. Google reviews are stellar, boasting a 5.0 rating from 42 reviews. The company is an irregular importer, primarily bringing in machinery, boilers, and mechanical appliances, with the last import activity recorded just one month ago.

The company's website is a comprehensive resource for high-quality cleaning machinery and equipment, offering vacuum cleaners, scrubber dryers, carpet cleaners, and floorcare machines. It partners with brands like Numatic, Sebo, Nilfisk, Viper, and Ghibli Wirbel, providing a full range of spare parts and accessories. The site even features news, articles, and guides, demonstrating expertise in the cleaning industry.

Financially, Mk Floortec Services Ltd shows a mixed picture. Current assets increased by 21%, reaching £180,000, while net assets also grew by 27%, hitting £78,000. However, bank borrowings decreased by 14%, settling at £33,000, and cash reserves increased by 6.4%, reaching £100,000. Trade debtors rose significantly by 81%, indicating potential delays in customer payments, and creditors increased by 26%, suggesting an increased reliance on credit. The company meets the criteria for a small company, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. As a small company, it is exempt from an audit, so the figures are unaudited.

The company’s growth in assets and net assets is encouraging, but the increase in trade debtors warrants closer attention. The company’s focus on customer service and its strong online presence position it well for continued success, but managing cash flow will be crucial.

Registered in England/Wales under the registration number 07424230, with a registered address at S6 4HD, Sheffield, 199 Middlewood Road.

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