M.m.p Marine & Inspection Limited

Mmp Marine And Inspection Ltd from Swansea UK: small company, active status, founded 6 years ago, 2 employees, £569,621 assets, virtual address, 2 directors, 2 owners. Irregular importer of toys, games, and sports equipment (1 months imported). It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The last reported current assets is £569,621.

Mmp Marine & Inspection Limited operates as a specialist in underwater engineering and inspection services, primarily serving the water industry. Their website details a range of services, including diving, underwater construction, decommissioning, and water pipe surveying—all underpinned by advanced technology like ROVs and sonar profiling. It’s clear they aren’t an e-commerce business; instead, they offer bespoke solutions for complex engineering challenges, often working in confined spaces and demanding environments. They even boast awards for efficiency, like the Tideway Flume award, demonstrating a commitment to delivering high-quality results.

Financially, Mmp Marine & Inspection Limited shows some interesting trends. Cash bank on hand increased significantly by 92%, jumping to £320,000, which is a positive sign. However, creditors also rose by 66%, reaching £120,000, suggesting an increased reliance on short-term financing. Property plant and equipment increased by 43%, which could mean investment in new equipment to support their services. Net assets grew by 52%, reaching £590,000, but it’s worth noting that the company’s directors elected not to include a copy of the profit and loss account within the financial statements. There’s no mention of an auditor, which is likely due to the company’s small size and exemption from audit requirements. The company’s two directors, Mason Robert Michael Austin and Miller Scott Alexander, are also listed as owners, and the list of owners was changed five years ago. It's interesting to note that the company’s registered address is a virtual address, as seventy seven companies registered at the address.

Overall, Mmp Marine & Inspection Limited appears to be a financially stable, albeit small, operation. The growth in assets and cash reserves suggests a healthy business, but the increase in creditors warrants monitoring. The company's focus on specialized services and its reputation for efficiency seem to be key drivers of its success—though it’s unclear how the irregular import of toys, games, and sports equipment fits into their overall business model.

Registered in England/Wales under the registration number 11920069, with a registered address at SA1 3HJ, United Kingdom, Swansea, Druslyn House, De La Beche Street.

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