Mtl Advanced Ltd

Mtl Advanced Ltd, based in Darwen, UK, is a sizable company with an active status, operating as a holding company. Established thirteen years ago in 2011, it employs 280 people and holds assets valued at £24,099,970. The company generates a yearly revenue of £48,127,064, a substantial figure indicating a healthy business. With three directors and one owner, the company’s leadership structure is well-defined, and its 4.0 Google rating from 33 reviews suggests a positive customer experience. Regular imports of iron and steel (spanning 105 months, with the latest in January 01, 2025) and exports of vehicles, parts, and accessories (16 months, also concluding January 01, 2025) showcase its diverse trading activities.

The company’s website is not available for review, so it's difficult to assess its online presence and e-commerce capabilities.

Financially, Mtl Advanced Ltd demonstrates a mixed picture. While the company’s turnover remained stable, several key metrics have shifted. Accrued liabilities deferred income increased by 25%, which could be a sign of growing operational expenses or delayed payments. However, depreciation on plant and machinery has also risen, suggesting investments in equipment to maintain production capacity. Staff costs have increased by 14%, reflecting the larger workforce. A significant drop in cash bank on hand, falling 56%, is a concern, potentially indicating tighter liquidity. Trade debtors have increased by 18%, which could be a sign of delayed customer payments or a strategic move to extend credit terms. Despite these challenges, creditors have decreased by 15%, suggesting improved debt management. The company’s auditor, PM+M Solutions for Business LLP, conducted the audit, providing a degree of external verification.

Overall, Mtl Advanced Ltd appears to be a large, established company navigating a period of change. While the company’s financial performance is generally positive, the decrease in cash reserves and increase in accrued liabilities warrant close monitoring. The company’s continued success will likely depend on its ability to manage its working capital effectively and maintain its competitive edge in the metal fabrication industry.

Registered in England/Wales under the registration number 07712250, with a registered address at BB3 2RB, Darwen, Lancashire, Britannia House, Junction Street.

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