Halton Wales (mei) Ltd

Halton Wales (mei) Ltd, based in Pontnewynydd, UK, is a large, active company holding a prominent position in the market. Founded 22 years ago in 2003, it employs 57 people and boasts assets of £4,998,451. The company, with a real address and three directors, is owned by one individual, and enjoys a stellar 5.0 Google rating based on eight reviews. Regular importer of electrical machinery and equipment (16 months imported), it also exports machinery, boilers, and mechanical appliances; parts (129 months exported).

The company operates in the manufacture of non-domestic cooling and ventilation equipment industries. It's a holding company, and its ultimate controlling party is Halton Marine OY, who has full ownership. The company’s website isn't currently active, so it's difficult to determine if it operates an e-commerce platform.

Financially, Halton Wales (mei) Ltd shows a mixed picture. Current assets have seen a significant boost, rising by 120% to £5,000,000, while net assets have increased dramatically by 140% to £1,600,000. Bank borrowings have decreased by 26%, which is a positive sign. However, director remuneration has fallen by 42%, and net losses have deepened to £940,000. Trade debtors have also increased substantially, by 150%, which could indicate an expansion of credit terms. The company meets the criteria for a large company, having turnover more than £36 million, balance sheet more than £18 million, and employees more than 250. The accounts are audited by Azets.

While the company’s financial performance is strong, the increase in trade debtors and the significant net loss suggest that it may be facing some challenges. The decrease in director remuneration could be due to a variety of factors, such as cost-cutting measures or changes in the company’s management structure. Overall, Halton Wales (mei) Ltd appears to be a financially healthy company with a strong market position, but it will need to continue to manage its finances carefully to ensure its long-term success.

Registered in England/Wales under the registration number 04692858, with a registered address at NP4 6YW, Pontnewynydd, Torfaen, Unit 2 & 3 & 4a, Gemini Works Estate Road.

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