Machtech Uk Ltd.

Machtech Uk Ltd from Coventry, UK, is a small holding company with an active status, established 23 years ago. The company, with two directors and one owner, holds £29,750 in assets and operates from a real address. It’s an irregular importer, primarily dealing in machinery, boilers, and mechanical appliances, with recent import activity recorded just one month ago.

The company’s website reveals a more extensive operation than initially apparent. Machtech Technologies Precision Engineering, based in Wakefield, provides a wide range of services, including CNC milling, fabrication, repair, and assembly. They even offer a complete supply service, handling everything from sourcing materials to final assembly. The company boasts over 30 years of experience and operates a fully equipped machine shop, serving industries like MOD, petrochemical, and mining. Their website also highlights a division specializing in trench support systems and a separate branch dedicated to piano restoration, showcasing a diverse portfolio.

Financially, Machtech Uk Ltd presents a mixed picture. While cash reserves increased by a substantial 110% to £17,000, net assets decreased by 140% to just £3,000. Bank borrowings decreased by 36%, and trade debtors fell by 35%, suggesting improved cash flow management. However, creditors increased by 42%, and specific advances to directors dropped by 81%, which could indicate a change in financing strategies. The company's small size—meeting two of three conditions for being classified as small—allows for agility, but the decline in equity is a cause for concern. No auditor is mentioned, likely due to the company’s exemption as a small entity.

Overall, Machtech Uk Ltd appears to be navigating a period of transition. While its diverse operations and experienced team suggest potential, the financial data indicates a need for careful management to ensure long-term sustainability.

Registered in England/Wales under the registration number 04282941, with a registered address at CV7 9FW, England, Coventry, The Toolstores Blackhorse Road, Exhall.

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