Mpl Group Ltd
- Small
- Active
- 9 years
- 3 employees
- £431,522 (assets)
- Real address
- 1 director
- 1 owner
- Regular importer
- Regular exporter
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
MPL Group Ltd, based in London, UK, is a small, active company established nine years ago in 2015. With three employees and £431,522 in assets, it operates from a real address and is managed by a single director and owner. The company regularly imports electrical machinery and equipment for five months, and exports for a remarkable ninety-eight months, indicating a long-standing presence in the trade.
The company's website showcases a diverse portfolio of projects, ranging from residential developments like Seabrook Villas and Hythe to marina views and commercial spaces. It seems to be focused on property sales and lettings, with a dedicated section for active and completed projects. The website’s design, created by Rocket Base, suggests a focus on visual appeal and ease of navigation. It’s not clear if the company operates an e-commerce platform, but the website’s structure leans towards showcasing properties rather than direct online sales.
Financially, MPL Group Ltd presents a mixed picture. Cash bank on hand has drastically decreased by 68%, dropping to £310,000, while creditors have risen by 42% to £1.1 million. Current assets have also declined significantly, falling 58% to £430,000. However, retained earnings have increased by 130%, reaching £680,000, and fixed assets have seen a massive jump of 19,000%, now standing at £1.3 million. The company’s small size—meeting two of three criteria for a small company—allows for flexibility, but the drop in current assets and rise in creditors could indicate tighter cash flow. There's no auditor mentioned, likely due to its status as a small company, and the accounts are abridged.
Overall, MPL Group Ltd appears to be navigating a period of change. While its long-standing export activity and diverse project portfolio suggest stability, the financial data reveals some challenges. It’s likely the company is investing in new projects, which could explain the increase in fixed assets and creditors, but it will need to carefully manage its cash flow to sustain its operations.
Registered in England/Wales under the registration number 09663475, with a registered address at NW10 7PA, England, London, Unit 9 Metro Centre Park Royal, Britannia Way.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Kotecha Vinay
- 8 years
- 1
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Kotecha Vinaykumar
- 9 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted ten months ago.
Last news
-
Unaudited abridged accounts made up to 2024-03-31Download 8 pages pdf report
-
Registered office address changed from C/O Cam & Co Accountancy Ltd 10-12 Love Lane Pinner HA5 3EF England to Unit 9 Metro Centre Park Royal Britannia Way London NW10 7PA on 2024-10-15Download 1 page pdf report
-
Confirmation statement made on 2024-06-30 with no updatesDownload 3 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about Mpl Group Ltd
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