P M-mendes (international) Limited

Pm Mendes International Ltd, based in Corsham, UK, is a small, active holding company established 48 years ago. With 21 employees and £2,836,547 in assets, it operates from a real address and is overseen by five directors and a single owner. The company maintains an e-commerce site and enjoys a perfect 5.0 Google rating from nine reviews. It’s a regular importer of wood and wood products, with the last import operation occurring three months ago in April 2022.

The company's website showcases a wide range of internal and external doors, frames, ironmongery, and bespoke services. It caters to both residential and commercial clients, emphasizing quality and craftsmanship. The site features detailed product descriptions, technical specifications, and a helpful blog with installation advice. A new wall paneling range has recently been added, indicating a desire to expand its product offerings.

Financially, Pm Mendes International Ltd shows some concerning trends. Current assets have decreased by 4.2% to £2,800,000, while net assets have fallen 8.7% to £1,400,000. Bank borrowings have increased significantly, reaching £29,000—a 2,400% rise—and cash reserves have dropped 12% to £7,300. However, creditors have also decreased by 1.9%, suggesting a slight improvement in debt management. The company’s small size—meeting two of three criteria for being classified as small—helps it remain flexible, but the decline in equity is a worry. The lack of a named auditor, likely due to its small size, means the figures are unaudited.

Overall, Pm Mendes International Ltd appears to be facing some financial headwinds, despite its strong online presence and positive customer reviews. Whether the company can successfully navigate these challenges and continue its long-standing operation remains to be seen.

Registered in England/Wales under the registration number 01311419, with a registered address at SN13 9SW, Corsham, Wiltshire, 30 Leafield Way, Leafield Industrial Estate.

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