Mme Engineering Limited

Mme Engineering Ltd, based in Faversham, UK, is a small, active company established 29 years ago. With 22 employees and £1,188,195 in assets, it operates from a real address and is overseen by three directors and two owners. The company is a regular importer and exporter of zinc and zinc products, with 28 months of import activity and 51 months of export activity recorded. It’s a well-established player in the sector.

The company specializes in the manufacture of metal structures and parts of structures, offering flood and blast defence solutions. Its website highlights a range of products including flood gates, doors, windows, and bund gates, catering to both domestic and commercial clients. They even offer bespoke solutions and flood defence glass walls, minimizing visual impact. The company’s website showcases case studies across various sectors, including utilities, construction, and local authorities. They also have a blog with articles on BIM and flood defence projects.

Financially, Mme Engineering Ltd shows a mixed picture. While net assets increased by 17%, reaching £470,000, cash reserves declined by 46%, dropping to £62,000. Trade debtors increased significantly, by 64%, reaching £560,000, which could indicate a shift towards offering credit terms. Prepayments and accrued income, however, jumped by a staggering 270%, reaching £510,000—a potentially unusual figure that warrants further investigation. Bank borrowings also increased, by 9%, reaching £1,100,000. 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 for flexibility, but the fluctuating financial metrics suggest ongoing challenges. The average number of employees has decreased by 18%, from 22 to 18, which could be a result of restructuring or changing market conditions. The accounts are unaudited, likely due to the company’s small size, so the figures rely on internal reporting.

It seems Mme Engineering Ltd is navigating a period of change, balancing growth in receivables with a need to manage cash flow. The company's focus on specialized engineering solutions and its international export activities suggest a potential for future success, but close monitoring of its financial health will be crucial.

Registered in England/Wales under the registration number 03072102, with a registered address at ME13 7DZ, England, Faversham, Kent, Unit 3 Faversham Shipyard, Upper Brents.

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