M.p. Brothers Limited

MP Brothers Limited, based in London, UK, is a well-established company with a 50-year history, currently employing 39 people and holding assets of £10,525,649. Designated as a large company and holding company with an active status, it operates as a regular importer of stone, plaster, cement, and similar material products, with recent activity recorded in November 2024. The company boasts a perfect 5.0 Google rating from 13 reviews.

The business focuses on construction services, offering expertise in private homes, care homes, hotel development, and partnership ventures. Its website highlights a commitment to quality and craftsmanship, specializing in English veneer and joinery services. MP Brothers Limited also engages in civil groundworks and boasts a proven track record in deep basement formations and concrete frame structures. The company’s website indicates a focus on commercial and residential projects, with a strong emphasis on partnership and joint ventures.

Financially, MP Brothers Limited presents a mixed picture. While current assets remained relatively stable at £11,000,000, net assets declined by 1.7% to £6,100,000. Bank borrowings increased significantly by 160% to £340,000, while cash reserves fell by 69% to £210,000. Creditors also increased by 57%, suggesting potentially stretched payment terms. The company’s size (meeting two of three criteria for a large company) allows for flexibility, but the decrease in equity raises concerns. The company’s financial statements were audited by Berkeley Finch Limited.

The increase in bank borrowings and decrease in cash reserves could indicate a period of investment or expansion, but it’s also possible that the company is facing challenges in managing its cash flow. The decrease in net assets, while not alarming, warrants closer monitoring. Overall, MP Brothers Limited appears to be a resilient company with a long history, but its financial performance suggests a need for careful management.

Registered in England/Wales under the registration number 01176469, with a registered address at NW10 7NH, London, 198-206 Acton Lane.

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