M C CUSTOMS LIMITED
Executive Summary
M C Customs Limited is a nascent micro-enterprise in the household appliance repair sector, currently showing early-stage financial deficits typical for startups in this low-capital, skill-driven industry. The company’s small scale and negative equity contrast with established peers, reflecting its developmental status amid evolving industry trends such as the right-to-repair movement and digitalization. To improve its competitive footing, M C Customs Limited will need to build operational capacity and leverage local market opportunities while navigating sector-specific supply and demand dynamics.
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This analysis is opinion only and should not be interpreted as financial advice.
M C CUSTOMS LIMITED - Analysis Report
Industry Classification
M C Customs Limited operates under SIC code 95220, which pertains to the "Repair of household appliances and home and garden equipment." This sector is characterized by small to medium-sized enterprises offering maintenance and repair services for consumer goods such as kitchen appliances, lawnmowers, and other household equipment. The industry typically exhibits low capital intensity but requires technical expertise and responsiveness to local demand. Companies in this segment often rely on repeat business and local reputation, with competitive pressures arising from both independent repair shops and manufacturer-authorized service centers.Relative Performance
Given that M C Customs Limited is a very young company, incorporated in March 2022, its financials reflect early-stage operations. As of the 2024 year-end, the company reported net current liabilities of £1,832 and negative shareholders’ funds of £1,082, indicating the business is still in a development phase and not yet profitable or fully capitalized. Compared to typical industry norms, many repair service companies at the small business level maintain positive working capital and modest profitability after initial setup. The absence of employees and minimal cash reserves (£735) also suggests limited operational scale. Overall, the financial metrics indicate the company is currently a small, emerging player still establishing its market presence.Sector Trends Impact
The repair services industry for household and garden appliances is influenced by several trends:
- Sustainability and Right-to-Repair Movement: Increasing consumer interest in repairing rather than replacing appliances supports demand growth but also requires technical adaptability to newer, often more complex products.
- Supply Chain Issues: Post-pandemic supply chain disruptions have occasionally limited parts availability, affecting service turnaround times and costs.
- Digitalization: Emerging digital platforms for scheduling and diagnostics are reshaping customer engagement and operational efficiency.
- Economic Sensitivity: Repair services are somewhat recession-resistant but can be impacted by consumer discretionary spending patterns.
For M C Customs Limited, its early stage and small scale mean it may be vulnerable to these market dynamics but also potentially agile enough to leverage local demand and sustainability trends if it invests in skills and customer service.
- Competitive Positioning
M C Customs Limited is a niche player within the household appliance repair sector, currently operating with no employees and limited fixed assets (£850 net book value). This positions it as a micro-business focusing likely on localized, possibly owner-operated service delivery. The company’s financial position with negative equity and net current liabilities is weaker than more established competitors who typically maintain positive equity and working capital to support inventory and operational costs. However, as a private limited company without audit requirements (exempt under small companies regime), it benefits from lower regulatory overheads. Its competitive strengths could emerge from personalized service and local market knowledge, while weaknesses include limited financial resources and scale compared to larger service providers or franchise operations that invest heavily in marketing and technology.
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