Mrc Print Limited

Mrc Print Ltd from Newcastle UK: a small holding company with an active status, was founded eight years ago in 2017. It employs five people and holds £1,954,298 in assets. The company has two directors and one owner, and currently has a 3.0 Google rating based on one review. Regular importer of printed materials like books, newspapers, and pictures, with four months of import activity recorded, the last operation was made on December 1, 2024.

The company operates in the management consultancy activities other than financial management industries. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, and employees less than 50. The address is probably real as only two companies registered at the same address. The company is a regular importer, with its top import category being Printed materials like books, newspapers, and pictures, totaling four months of imports.

While the company's website is not available for review, the financial data paints a mixed picture. Accumulated depreciation for computer equipment remained steady, but furniture fittings and motor vehicles saw declines of 46.0% and 25.0% respectively. Amounts owed to group undertakings increased by 44.0%, and the number of average employees during the period rose by 20.0% to six. Cash bank on hand decreased by 16.0% to £860,000. Creditors also decreased by 8.8%. Trade debtors increased by 8.2%, while total assets less current liabilities decreased by 23.0%.

The company's net assets declined by 20.0% to £240,000, and cash reserves fell 30% to £28,000. The increase in trade debtors and decrease in cash reserves suggests potential cash flow issues, although the decrease in creditors indicates improved debt management. The company is exempt from an audit as a small company, so the figures are unaudited. The rise in employees, despite the financial pressures, could indicate expansion or increased workload.

Registered in England/Wales under the registration number 10729864, with a registered address at ST5 1HN, England, Newcastle, Staffordshire, Summit Business Centre The Old Police Station, Water Street.

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