Mt Components Limited

Mt Components Ltd, based in Holford, UK, is a small, active company founded 21 years ago in 2003. Employing ten people and holding assets of £319,708, it's a solo-founded operation run by two directors and a single owner. The company has a real address and is regularly importing electrical machinery and equipment – 174 months of import activity were recorded, with the latest in November 2024. It exports electrical machinery and equipment irregularly, with just two months of export activity, the last being in April 2021.

The company’s website, mtcomponents.co.uk, positions itself as a "Trusted Technology Supplier" offering a range of services, including RMA requests and contact information. It’s clear they’re focused on B2B sales, and the site suggests a focus on computer hardware and software. There's no obvious e-commerce functionality, so they likely operate as a wholesaler or distributor.

Financially, Mt Components Ltd is showing some concerning trends. While revenue remained stable at £510,000, current assets have fallen by 37% to £320,000. Bank borrowings have increased significantly, reaching £29,000, and cash reserves have plummeted 130% to a negative £3,000. Creditors have also decreased by 10%, which could be a positive sign of better debt management, but the overall picture suggests the company is burning through cash. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp decline in cash reserves raises concerns. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company’s continued import activity suggests a demand for its products, but the financial pressures will need to be addressed. Whether the company can maintain its operations and continue to serve its customers remains to be seen.

Registered in England/Wales under the registration number 04873316, with a registered address at B6 7AF, Holford, Birmingham, Unit C Nexus Point, Gavin Way.

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