Mlr Ship Services Limited

Mlr Ship Services Ltd from Chatham UK: a small, active company founded eight years ago, employs nine people, and holds £634,692 in assets. It’s a family business with a virtual address, managed by two directors and two owners, and enjoys a 4.0 Google rating from four reviews. The company regularly imports machinery, boilers, and mechanical appliances parts—spanning 26 months of activity—and exports similar items for four months.

The business operates from Unit 16 Kingsnorth Industrial Estate in Rochester, serving vessels using the London and Medway Rivers. Mlr Ship Services Ltd offers a personal service, specializing in fresh provisions, technical supplies, and other ship chandlery items. It also provides parcel delivery services to vessels. The company’s website highlights its 30 years of experience and commitment to reliability and quality.

Financially, Mlr Ship Services Ltd’s performance shows some interesting trends. Current assets increased by 49%, reaching £630,000, while net assets grew by 39% to £400,000. Bank borrowings surged by 70%, reaching £90,000, and cash reserves increased by 45% to £44,000. Creditors increased significantly by 160%, reaching £210,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to be flexible, but the increase in creditors suggests a need to manage debt effectively. As a small company, it’s exempt from an audit, so the figures are unaudited. The company’s growth in assets and cash reserves is a positive sign, but the increase in debt warrants close monitoring.

Registered in England/Wales under the registration number 10406738, with a registered address at ME4 6AE, United Kingdom, Chatham, Kent, 1-3 Manor Road.

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