Mpl Technology Group Limited

Mpl Technology Group Ltd from Bicester UK is a small holding company with an active status, established 21 years ago. The company employs eight people and holds assets valued at £841,705. It has a real address, is overseen by five directors, and is owned by one individual. The company regularly imports optical and medical tools and devices (for eight months, with the last import in November 2024) and exports electrical machinery and equipment (for 24 months, with the last export in December 2024).

The company’s website highlights its focus on delivering simplified business intelligence, particularly within the estate management and power monitoring sectors. They offer solutions for estate-wide operational efficiency, including meter monitoring, power quality assessments, and environmental monitoring. Their services cater to various industries where resilience, accuracy, and sustainability are key concerns. The website also features testimonials and a blog, indicating a focus on customer engagement and thought leadership. It’s clear Mpl Technology Group isn’s an e-commerce business; instead, it provides consultancy and technology solutions.

Financially, Mpl Technology Group Ltd presents a mixed picture. Property, plant, and equipment gross cost decreased by 1.8% to £370,000, while depreciation rate used for property, plant, and equipment remained constant. Cash bank on hand increased significantly by 59% to £400,000, a positive sign of liquidity. However, net assets declined by 65% to £120,000, and net current assets decreased by 59% to £180,000. Trade debtors dropped dramatically by 47% to £240,000, which could be a good sign of improved collections, but creditors increased by 61% to £660,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decrease in equity warrants further investigation. As a small company, it’s exempt from an audit, so the figures are unaudited.

Registered in England/Wales under the registration number 05063792, with a registered address at OX26 4LD, Bicester, Oxfordshire, Unit 2 Telford Road Business Centre, Telford Road.

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