Manchester Manufacturing Group Ltd
- Small
- Active
- 16 years
- 31 employees
- £1,502,145 (assets)
- Real address
- 2 directors
- 2 owners
- Regular importer
- Regular exporter
- Family business
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Manchester Manufacturing Group Ltd, from Manchester, UK, is a small, active company founded 16 years ago. With 31 employees and £1,502,145 in assets, it’s a family business led by two directors and owners. The company regularly imports treated or layered fabrics for industrial use (30 months) and exports carpets and textile floor coverings (7 months).
The company operates in the manufacture of other carpets and rugs, and other textiles. Its website is not available, so it’s difficult to determine if it’s an e-commerce business.
Financially, Manchester Manufacturing Group Ltd shows a mixed picture. While current assets increased by 9.2% to £1,500,000, net assets decreased by 0.52% to £740,000. Bank borrowings decreased by 21%, reaching £27,000, and cash reserves increased by 19% to £670,000. Creditors increased by 27%, reaching £880,000, suggesting a need to manage debt. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the equity decline warrants attention. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.
The company’s increase in bank borrowings could be a result of increased investment in equipment or expansion of operations. The increase in creditors suggests a need to improve cash flow management. Overall, Manchester Manufacturing Group Ltd appears to be a stable, albeit small, business facing typical challenges associated with growth and financial management.
Registered in England/Wales under the registration number 06656049, with a registered address at M34 3GE, England, Manchester, 149-153 Holland Street, Denton.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Noone Paul Eric James
- 8 years
- 4
- 25%+
-
Resident of United Kingdom
-
Individual
- Noone Victoria Louise Elizabeth
- 8 years
- 2
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- Noone Paul Eric James
- 12 years
- 2
-
Resident of United Kingdom
-
Individual
- Noone Victoria Louise Elizabeth
- 14 years
- 2
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted two months ago.
Last news
-
Total exemption full accounts made up to 2024-07-31Download 10 pages pdf report
-
Confirmation statement made on 2025-02-25 with no updatesDownload 3 pages pdf report
-
Total exemption full accounts made up to 2023-07-31Download 10 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about Manchester Manufacturing Group Ltd
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