Mtx Contracts Limited

MTX Contracts Limited, based in Wilmslow, UK, is a large, family-owned construction company with an active status. Established 22 years ago in 2002, it employs 71 people and holds assets totaling £38,466,317. With seven directors and one owner, the company boasts a perfect 5.0 Google rating from eight reviews. It operates from a real address and is a holding company.

The company specializes in the design, construction, and installation of specialist environments within the healthcare and fresh produce industries. Its website highlights a focus on modular healthcare buildings and MMC (Modern Methods of Construction), offering services from feasibility studies to ongoing maintenance. It even has a division dedicated to piano restoration, operating from Cambridge and with a showroom in Harrods.

Financially, MTX Contracts Limited presents a mixed picture. While turnover increased by a healthy 13%, reaching £120 million, net assets grew by 25%, hitting £6.9 million. However, bank borrowings jumped significantly, increasing by 63% to £1 million. Staff costs also rose by 24%, reaching £5.6 million. Despite these pressures, creditors decreased by 21%, suggesting improved debt management. The company’s assets have increased by 33% to £300,000. Cooper Parry Group Limited served as the auditor.

The increase in staff costs and borrowings, coupled with a slight dip in cash reserves, suggests the company is investing heavily in growth—perhaps fueled by the demand for MMC in the healthcare sector. It's possible the company is expanding its workforce to meet project deadlines or securing financing to support larger contracts. The fact that they are investing in growth is a good sign, but it will be interesting to see if they can maintain profitability in the coming years.

Registered in England/Wales under the registration number 04522396, with a registered address at SK9 3ND, England, Wilmslow, Cheshire, Innovation House Lower Meadow Road, Handforth.

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