Mne Hydraulics Ltd

Mne Hydraulics Ltd, based in Coalville, UK, is a small, active company founded nine years ago. With eleven employees and £598,272 in assets, it’s a modest operation led by two directors and a solo founder, Wallis Alexander. The company boasts a perfect 5.0 Google rating from just two reviews, indicating high customer satisfaction. It’s an irregular importer, primarily dealing in machinery, boilers, and mechanical appliances, with the last import activity recorded over a year ago in February 2022.

The company's website highlights its expertise in hydraulic systems, components, and services, catering to industries like manufacturing, construction, and agriculture. Mne Hydraulics offers a wide range of services, including design and manufacture of bespoke hydraulic systems, onsite repairs, installation services, cylinder repair, and even the manufacture of special-purpose machinery. The site also features a contact form and a copyright notice, suggesting a focus on customer engagement and a professional image.

Financially, Mne Hydraulics Ltd presents a mixed picture. Cash reserves have increased significantly, jumping 150% to £260,000, which is a positive sign. However, net current assets and liabilities have dramatically improved, shifting from a negative £180,000 to a positive £73,000. Trade debtors have decreased slightly, while creditors have fallen by a substantial 47%, suggesting improved debt management. Property, plant, and equipment have remained relatively stable. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the changes in liabilities warrant closer attention. As a small company, it is exempt from an audit, so the figures are unaudited. It's unclear if the recent growth is sustainable, but the company’s focus on specialized hydraulic services and its strong online presence position it well for continued success.

Registered in England/Wales under the registration number 09628479, with a registered address at LE67 3QE, England, Coalville, Leics, Temple Chambers 16a Belvoir Road.

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