Mts Suction Systems Uk Ltd

Mts Suction Systems Uk Ltd from Lincoln UK is a small holding company with an active status, established ten years ago in 2014. Employing five people, the company holds £3,319,367 in assets, though its registered address is likely a virtual one, as ninety-nine companies share the same location. With one director and two owners, Mts Suction Systems Uk Ltd regularly imports machinery, boilers, and mechanical appliances, parts—a total of 299 months of import activity—and occasionally exports similar items, with five months of export activity.

The company operates within the wholesale of mining, construction, and civil engineering machinery industries, providing vacuum excavation services nationwide. It offers a range of suction excavation rigs, from 14 to 32 tonne, and specializes in non-mechanical excavation techniques, even supplying Brokk equipment to the construction and rail sectors. They offer free site consultations and pride themselves on being specialists in their field.

Financially, Mts Suction Systems Uk Ltd shows a mixed picture. Current assets increased by 53%, reaching £3,300,000, while net assets grew by 29% to £960,000. Bank borrowings, however, increased significantly by 230%, reaching £700,000, and trade debtors jumped by 240%, suggesting a reliance on customer payments. The company meets the criteria for a small business, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. Depreciation on motor vehicles increased by 75%, while plant machinery remained stable. With no auditor mentioned, the financial statements are unaudited. The increase in debt and the rise in trade debtors could indicate a period of investment or expansion, but it’s something to keep an eye on.

Registered in England/Wales under the registration number 09177750, with a registered address at LN5 8JB, England, Lincoln, 463-465 High Street.

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