Mantec Technical Ceramics Limited

Mantec Technical Ceramics Ltd, based in Stoke-on-Trent, UK, is a sizable company holding company with an active status. Established twenty years ago, it employs forty-eight people and boasts assets of £1,057,480, generating a yearly revenue of £3,134,112. The company operates from a real address and is overseen by four directors and one owner. It holds a stellar 5.0 Google rating based on four reviews. The company imports machinery, boilers, and mechanical appliances irregularly, with the last import operation occurring in 2022. Conversely, it regularly exports ceramic products, with eighty months of export activity recorded, the last in 2022.

Mantec Technical Ceramics is a diverse manufacturing technology company, providing bespoke ceramic-based solutions to global industries. Its website highlights a focus on battery technology, electric heating, waste, robotics, and partnerships, alongside a commitment to sustainability and responsible practices. The company also owns Xtract Filtration Systems Limited and has developed a wide range of ceramic-based products and services for key industrial sectors, including aerospace, defense, and water treatment.

Financially, Mantec Technical Ceramics presents a mixed picture. While turnover increased slightly to £3.1 million, net assets declined significantly by 69%, dropping to £110,000. Cash reserves improved, rising by 62% to £210,000, but bank borrowings surged, increasing by 80% to £620,000. Creditors decreased by 18%, which is a positive sign. The company’s size—meeting two of three criteria for a large company—suggests it’s navigating a competitive market. The lack of an auditor mentioned in the report—likely due to its status as a private limited company—means the figures are unaudited.

The company’s increased administrative expenses by 15% and a decrease in director remuneration by 13% could indicate investments in operations or a restructuring of management compensation. The significant drop in profits, from £220,000 to -£240,000, suggests challenges in maintaining profitability despite revenue growth, possibly due to rising costs or increased competition.

Registered in England/Wales under the registration number 05330054, with a registered address at ST3 1PH, Stoke On Trent, Staffordshire, Albion Works, Uttoxeter Road Longton.

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