Mw Truck Ltd

Mw Truck Ltd, based in Mansfield, UK, is a small, active company established eight years ago. It's a family-run operation with a real address, one director, and one owner, running an e-commerce site and enjoying a stellar 5.0 Google rating from 48 reviews. The company operates in a few different areas, including building completion, retail sales online, freight transport, and general retail.

The website, M W Truck Parts and Hydraulics, is clearly the main focus. It's a comprehensive online retailer specializing in truck parts and hydraulics, offering everything from axles and engines to electrical components and wet kits. The site emphasizes quick dispatch, international shipping, and even DIY hydraulic kit options—a unique selling point. They also offer used engine parts and fuel tanks, catering to cost-conscious customers. The site even has a blog with helpful guides on topics like PTOs and hydraulic systems.

Financially, Mw Truck Ltd's recent report shows a bit of a mixed bag. While cash on hand increased slightly to £2,000, other key numbers paint a less optimistic picture. Property, plant, and equipment declined by 33% to £4,700, and net assets dropped significantly—79%—to just £160. Trade debtors plummeted by a massive 84%, leaving just £640, which could indicate difficulties in collecting payments or a deliberate shift in credit policy. Borrowings are also down, which is a positive sign. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The accounts are unaudited, which is common for small companies.

Overall, Mw Truck Ltd seems to be navigating a challenging financial environment. While the e-commerce site appears well-managed and customer-focused, the declining assets and net assets suggest that the company is burning through cash. It’s possible that the company is reinvesting in its business or facing increased competition—but the trend warrants close monitoring.

Registered in England/Wales under the registration number 10343442, with a registered address at NG19 6SY, England, Mansfield, 54 Beck Crescent.

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