MP WELDING AND FABRICATION LIMITED
Executive Summary
MP Welding and Fabrication Limited has shown improving financial health since inception, moving from negative equity to modest positive net assets, but continues to face liquidity challenges as indicated by persistent negative net current assets. Credit could be extended conditionally with close monitoring of working capital and a conservative exposure limit due to the company’s small scale and limited financial transparency. Ongoing review of cash flow and profitability is essential to mitigate risk.
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| Date | Description |
|---|---|
| 08/11/248 November 2024 | Micro company accounts made up to 2023-12-31 |
| 31/12/2331 December 2023 | Annual accounts for year ending 31 Dec 2023 |
| 15/09/2315 September 2023 | Confirmation statement made on 2023-09-07 with no updates |
| 02/03/232 March 2023 | Micro company accounts made up to 2022-12-31 |
| 31/12/2231 December 2022 | Annual accounts for year ending 31 Dec 2022 |
| 14/09/2214 September 2022 | Confirmation statement made on 2022-09-07 with no updates |
| 28/04/2228 April 2022 | Micro company accounts made up to 2021-12-31 |
| 31/12/2131 December 2021 | Annual accounts for year ending 31 Dec 2021 |
| 09/11/219 November 2021 | Current accounting period extended from 2021-09-30 to 2021-12-31 |
| 23/09/2123 September 2021 | Confirmation statement made on 2021-09-07 with updates |
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