Mms Ship Repair And Dry Dock Co. Ltd

Mms Ship Repair And Dry Dock Co Ltd from Hull UK: holding company, active status, founded 37 years ago, 59 employees, £5,441,882 assets, real address, 4 directors, 1 owner, solo founder, google rating 4.0 based on 34 reviews. Regular importer of machinery, boilers, and mechanical appliances; parts (10 months imported).

Mms Ship Repair And Dry Dock Co. Ltd, based in Hull, England, is a well-established holding company with a 37-year history. Currently active, the company employs 59 people and boasts substantial assets of £5,441,882. It’s a real address, with four directors overseeing operations, and a single owner—the solo founder—at the helm. The company holds a respectable 4.0-star Google rating based on 34 reviews, indicating a positive reputation. They regularly import machinery, boilers, and mechanical appliances, with recent import activity spanning 10 months.

The company's website details a comprehensive range of services catering to the maritime industry. They offer steelwork fabrication, conversion, engineering, fitting, painting, carpentry, and even workboat building. It’s a one-stop shop for ship owners, with experienced tradesmen committed to delivering jobs on time and to a high standard. The website also highlights a management team, including Rob Langton as Managing Director, and showcases the company's facilities and vessels repaired. They even have a gallery of interesting facts, like 1,000 dry dockings and 9,000 repair contracts.

Financially, Mms Ship Repair And Dry Dock Co. Ltd shows a mixed picture. While current assets remain stable at £5,400,000, cash reserves have fallen by 40% to £300,000. Debtor’s have increased significantly by 63%, which could indicate increased sales but also potential collection issues. On the positive side, creditors have decreased by 17%, suggesting improved debt management. The company’s comprehensive income and expenses have seen a dramatic drop, with profit falling from £290,000 to just £68,000. With no auditor mentioned, the figures are unaudited. It's a holding company, and the sharp decline in profits, while concerning, could be attributed to broader economic pressures or specific project challenges. The company’s long-standing presence and experienced team suggest resilience, but careful financial management will be crucial going forward.

Registered in England/Wales under the registration number 02226135, with a registered address at HU9 1TA, Hull, North East Corner, Alexandra Dock.

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