Mogul Engineers Limited

Mogul Engineers Ltd from South Yorkshire UK: a small, active company founded 56 years ago, employs 26 people, and holds £800,475 in assets. It’s a family business with a perfect 5.0 Google rating from 13 reviews, and operates as an irregular importer of iron or steel products, with just one month of imports recorded back in 2022. The company has three directors and two owners, and is based at a real address shared by just one other business.

The company specialises in machining, operating from Chesterton Road, Rotherham. Its website is currently unavailable, so it's difficult to assess its online presence and e-commerce activities. It’s a small company, meeting two of three conditions: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees.

Financially, Mogul Engineers Ltd’s recent report reveals a mixed picture. Current assets have increased by 8.8% to £800,000, which is good news, but net losses deepened to -£82,000. Bank borrowings have decreased by 15%, and cash reserves have increased significantly by 260% to £240,000. Creditors have also decreased by 7.9%, suggesting better debt management. The company’s equity has increased by 7.9% to £710,000. Despite the losses, the increase in cash reserves is a positive sign, but the company’s reliance on bank borrowings and the increase in trade debtors (down 25%) suggest it’s working hard to manage its cash flow. The report is unaudited, and no auditor is mentioned, which is typical for a small company.

Registered in England/Wales under the registration number 00946376, with a registered address at S65 1SU, South Yorkshire, Chesterton Road, Rotherham.

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