Mvg Industries Uk Ltd

MVG Industries UK Ltd, based in St. Helens, UK, is a large, active company founded eighteen years ago in 2006. With 54 employees and £9,383,175 in assets, it’s a significant player in the region. The company, which has a real address and is overseen by four directors (though it has no officially listed owners), boasts a solid 4.0 Google rating from 13 reviews. It regularly imports electrical machinery and equipment (for 77 months, with the latest import in January 2025) and exports furniture, lighting, and prefabricated buildings (for 136 months, with the latest export also in January 2025).

The company operates in the manufacture of metal structures and parts of structures industries. Its website is not available for review, so it’s difficult to determine if it operates an e-commerce site.

Financially, MVG Industries UK Ltd shows a mixed picture. While turnover remains steady, net assets have declined significantly, dropping 56% to £2.8 million. Bank borrowings have increased substantially, rising 760% to £680,000, and cash reserves have fallen 59% to £4.5 million. However, trade debtors have increased by a staggering 200%, suggesting potential issues with customer payments. Creditors have decreased by 15%, which is a positive sign. The company meets two of the three criteria for a large company: turnover more than £36 million, balance sheet total more than £18 million, and employees more than 250. The company’s accounts were audited by Saffery LLP.

The significant drop in equity and increase in borrowings could indicate a period of investment or perhaps challenges in managing cash flow. The increase in trade debtors suggests a need to review credit policies and collection procedures. Overall, while MVG Industries UK Ltd remains a sizable operation, its financial performance warrants close monitoring.

Registered in England/Wales under the registration number 05869828, with a registered address at WA11 9TH, St. Helens, Merseyside, Unit 400 Haydock Lane, Haydock Industrial Estate, Haydock.

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