Manissa Ltd

Manissa Ltd, based in Newcastle Upon Tyne, UK, is a small, active company founded 19 years ago in 2005. Employing six people and holding £2,125,260 in assets, it operates from a real address within a business park, overseen by four directors and a single owner. The company is a regular importer of machinery, boilers, and mechanical appliances, with 28 months of import activity recorded, the latest in February 2025. It also exports electrical machinery and equipment, albeit irregularly, with just one month of export activity as of October 2022.

Manissa Ltd’s core business revolves around the supply of bathroom heating solutions, specializing in towel warmers and designer radiators. Its website showcases a wide range of products, from traditional column radiators to modern ladder rails, catering to both commercial and residential customers. The company highlights its manufacturing and sourcing capabilities, working in partnership with customers to deliver quality, design, and cost savings. It even has a showroom in Harrods, London.

Financially, Manissa Ltd demonstrates some interesting trends. Current assets increased by 13% to £2,100,000, while net assets rose 6.3% to £2,200,000. Bank borrowings surged by 2,400%, reaching £29,000, and cash reserves fell 30% to £28,000. Trade debtors decreased by 37%, suggesting better debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp equity drop raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The increase in bank borrowings and decrease in cash reserves, coupled with the rise in trade debtors, suggest the company may be investing in growth or facing some cash flow challenges. The increase in employees, from six to nine, also points to expansion, but whether this is sustainable remains to be seen.

Registered in England/Wales under the registration number 05446423, with a registered address at NE12 8BX, England, Newcastle Upon Tyne, Tyne And Wear, 16 Quorum Business Park, Benton Lane.

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