M.w.t. Civil Engineering Limited

M.w.t. Civil Engineering Limited, based in Llysfaen, North Wales, is a small, family-run company with an active trading status. Established twenty-three years ago in 2001, it employs twenty-eight people and holds £2,221,566 in assets. The company operates from a real registered address and is led by three directors and two owners. It’s an irregular importer, primarily dealing in plastics and plastic products, with its last import operation recorded just one month ago in June 2024.

The company’s website highlights its expertise in civil engineering across Colwyn Bay and North Wales, offering a range of services from highway works and bridge repairs to new build construction. Founded by Mike Thomas, it’s positioned as a trusted firm specializing in construction of roads and motorways, bridges, and site preparation. The site emphasizes a commitment to quality, efficiency, and customer satisfaction, showcasing a fleet of machinery and a well-established supply chain.

Financially, M.w.t. Civil Engineering Limited presents a mixed picture. Current assets have increased by a substantial 39%, reaching £2,200,000, while net assets have grown by 26% to £1,900,000. However, cash reserves have decreased by 5%, falling to £1,200,000. Trade debtors have dramatically increased by 700%, reaching £560,000, which could indicate a reliance on customer payments or expansion of credit terms. Creditors have also risen, with those due within one year increasing by 79% to £690,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the significant increase in debtors warrants attention. As a small company, it’s exempt from an audit, and the figures are unaudited.

Overall, M.w.t. Civil Engineering Limited seems to be growing, but the rise in debtors suggests a need to manage cash flow effectively. The company’s long-standing presence and family ownership, however, provide a solid foundation for continued success.

Registered in England/Wales under the registration number 04301254, with a registered address at LL29 8UA, Llysfaen, Conwy, Oriel House, Tan Y Graig.

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