Mss Products Limited

MSS Products Ltd, based in Manchester, UK, is a large holding company with an active status, having been incorporated 23 years ago in 2002. The company employs 32 people and boasts significant assets of £36,205,730, generating a substantial revenue of £91,252,486 annually. With three directors and one owner, and a real address registered with only three other companies, the business operates from a location that appears legitimate. Google reviews, however, paint a less positive picture, with a rating of just 1.0 based on a single review. The company regularly imports and exports electrical machinery and equipment, having done so for 343 and 146 months respectively.

MSS Products Ltd positions itself as a leading provider of nonferrous metal products, covering raw materials, components, and subassemblies. Their website showcases a wide range of services, including manufacturing, distribution, and logistics, catering to sectors like electrical generation, transportation, and railway industries. They even offer busbar systems and components, and provide services like material composition analysis and product specification. The website also highlights their commitment to quality, with certifications like ISO 9001 and IATF 16949. The company’s website is well-designed and informative, with a blog and downloadable brochures.

Financially, MSS Products Ltd presents a mixed picture. While turnover increased by a considerable 52%, to £91,252,486, net assets decreased by 17% to £14,000,000. Bank borrowings increased by a massive 2400%, reaching £29,000, indicating a reliance on external financing. Cash reserves also fell by 61%, to £68,000. Creditors decreased by 13%, suggesting improved debt management. The company meets two of the three criteria to be classified as a large company. There is no auditor mentioned in the report, likely due to the company’s size.

The trends suggest that while MSS Products Ltd is experiencing growth in revenue, it’s also facing financial pressures. The increased reliance on borrowing and the decline in cash reserves could be attributed to investments in expansion or working capital needs. The low Google rating, in contrast to the company’s claims of quality and service, raises questions about customer satisfaction. The company’s future success will likely depend on its ability to manage its finances effectively and improve its customer perception.

Registered in England/Wales under the registration number 04361302, with a registered address at M29 8QH, Manchester, Bankfield Road, Tyldesley.

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