Mls Solutions Ltd

Mls Solutions Ltd from Northampton UK: a small holding company with an active status, was founded 28 years ago in 1996. Employing 19 people, the company holds assets valued at £2,175,518. It operates from a virtual address—30 companies registered at the same location—and is led by five directors and three owners. Google users rate it 4.0 stars based on four reviews. The company regularly imports machinery, boilers, and mechanical appliances, with 13 months of import activity recorded.

The company’s website highlights its two decades of supporting British industries with engineering services. Mls Solutions offers lubrication engineering, fabrication, condition monitoring, and dry ice blasting. It acts as a distributor for various leading brands, including New Tech Lubes, Perma, Fentex, and Q8 Oils, and even offers custom blending of oils and greases. The website also mentions a celebration of its twentieth anniversary and a focus on remote condition monitoring.

Financially, Mls Solutions Ltd presents a mixed picture. While cash reserves increased by 34% to £1.1 million, net assets also grew by 24% to £1.8 million. However, bank borrowings decreased significantly, falling to zero. Trade debtors increased by 5.2% to £1 million, and creditors decreased by 8.6% to £430,000. The company’s small size—meeting two of three conditions for a small company—helps it remain flexible. The company is exempt from an audit, so the financial statements are unaudited.

Overall, Mls Solutions Ltd appears to be a stable, albeit small, business. While the increase in trade debtors could be a cause for concern, the growth in cash reserves and net assets suggests a healthy financial position. The company’s focus on engineering services and distribution partnerships positions it well for continued success, though it’s important to keep an eye on its debt management.

Registered in England/Wales under the registration number 03244982, with a registered address at NN2 7AZ, Northampton, 22-24 Harborough Road, Kingsthorpe.

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