Mt Mechanical And Electrical Services Limited

Mt Mechanical And Electrical Services Ltd, based in Portsmouth, UK, is a small, active company established 18 years ago. With three employees and £318,316 in assets, it operates from a real address and is managed by two directors and one owner. The company boasts a stellar 5.0 Google rating from two reviews. It’s an irregular importer, primarily dealing with optical and medical tools and devices, with the last import recorded in January 2023.

The company’s website highlights its specialization in filtration, separation, and process systems for various industries, including oil and gas, power generation, and manufacturing. It functions as an official Hydac service partner, offering a wide range of products and services, from equipment sales and maintenance to fluid dewatering and system commissioning. The website also features a Fluid Cleanliness Monitor, a key innovation for optimizing fluid quality and maintenance efficiency. It's clear that Mt Mechanical And Electrical Services Ltd focuses on providing comprehensive solutions for industrial clients.

Financially, the company's performance shows some mixed signals. Accumulated depreciation for plant machinery increased by 6.4%, while vehicles saw a more significant rise of 38%. Bank borrowings decreased by 39%, which is a positive sign, but cash bank on hand fell by 2.7%. Creditors also decreased by 39%, suggesting improved debt management. However, other creditors jumped a massive 4,200%, and net current assets decreased by 7.1%. 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 agility, but the increase in other creditors and decrease in cash reserves could indicate financial pressures. The accounts are unaudited, as is typical for small companies. It seems that the company is facing some challenges.

Registered in England/Wales under the registration number 06132507, with a registered address at PO6 2AH, Portsmouth, Hants, 119 Havant Road, Drayton.

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