Mwd Estates Limited
- Small
- Active
- 16 years
- 1 employee
- £105,895 (assets)
- Real address
- 2 directors
- 1 owner
- Irregular importer
- Solo founder
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Mwd Estates Limited is a small, active company based in Whitehaven, UK, founded fifteen years ago in 2009. Employing just one person, it holds £105,895 in assets and operates from a real address at 10 Lowther Street. With two directors and a single owner—solo founder Dixon William Robert Clive Spencer—it's a relatively small operation. The company is an irregular importer, primarily dealing in electrical machinery and equipment, with recent import activity recorded in November 2024.
The company’s primary business involves letting and operating its own or leased real estate, catering to a diverse range of clients, including individual and portfolio landlords, corporate clients, and institutional investors. It manages a variety of property types, from houses and flats to HMOs and build-to-rent developments. MWD Residential Lettings, as it's known, prides itself on providing trusted, bespoke letting solutions and building long-term client relationships. The company serves a wide geographical area, extending from East Kilbride to Stirling.
Financially, Mwd Estates Limited shows some concerning trends. While fixed assets remain stable at £1.8 million, current assets have fallen by 23% to £110,000. Net assets have also declined by 5%, settling at £580,000. Bank borrowings have increased significantly by 400% to £26,000, and cash reserves have dropped by 53% to £20,000. Creditors remain relatively stable at £1.4 million. The company’s small size—meeting two of three conditions to be considered small—helps it maintain agility, but the decrease in equity suggests it may be burning through cash. The company is exempt from an audit, so the figures are unaudited.
Despite these challenges, Mwd Estates Limited’s focus on personalized service and its wide reach across Scotland suggest it has the potential to weather the storm. It’s clear that the company is working hard to maintain its position in a competitive market.
Registered in England/Wales under the registration number 06923833, with a registered address at CA28 7AL, Whitehaven, Cumbria, 10 Lowther Street.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 9 years
- 3
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 13 years
- 2
-
Resident of United Kingdom
-
Individual
- 14 years
- 3
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted one month ago.
Last news
-
Confirmation statement made on 2025-05-21 with no updatesDownload 3 pages pdf report
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Unaudited abridged accounts made up to 2024-01-31Download 8 pages pdf report
-
Registration of charge 069238330002, created on 2024-08-28Download 52 pages pdf report
Importer profile by HS codes
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Last imported products
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