Marathon Belting Limited

Marathon Belting Ltd from Manchester UK: small company, holding company, active status, founded 48 years ago, 60 employees, £2,719,375 assets, real address, 4 directors, 1 owner. Regular importer of copper and copper products (54 months imported). Regular exporter of treated or layered fabrics for industrial use (225 months exported). Marathon Belting is a long-established manufacturer of technical textiles, specializing in conveyor belts and performance fabrics for a range of industrial applications. The company operates from Healey Mill in Rochdale, Greater Manchester, and serves customers both in the UK and internationally. Its website highlights expertise in areas like cut and abrasion resistance, heat resistance, and pressure compensation, catering to sectors including construction, shipping, and manufacturing.

The company’s core business revolves around heavy weaving and conveyor belt manufacturing, with a diverse product portfolio including protection sleeves, heat-resistant textiles, and press pads. They even boast a patented product, UltiMat, used in furniture and floorboard manufacture. Marathon Belting emphasizes its heritage and experience, positioning itself as a specialist with a wide range of weaving looms—a key differentiator in the industry. The website also features a blog with news and updates, showcasing the company's commitment to innovation and customer engagement.

Financially, Marathon Belting's recent report shows a mixed picture. While current assets remained relatively stable at around £2.7 million, net assets took a significant hit, plummeting 52% to -£210,000. This decline is partly attributed to increased bank borrowings, which rose substantially. However, trade debtors also decreased, suggesting improved collection practices. The company's small size—meeting two of three criteria for being classified as small—helps it maintain agility, but the decrease in equity is a cause for concern. The company employs 53 people, a decrease from the previous year. The report doesn't mention an auditor, which is common for small companies.

Despite these financial challenges, Marathon Belting’s long-standing presence in the industry and its focus on specialized textiles suggest a resilient business model. The company's ability to adapt to changing market demands and its commitment to quality will be crucial for its continued success. The decrease in net assets is a bit worrying, but the company seems to be managing its debts and maintaining a steady stream of customers.

Registered in England/Wales under the registration number 01265916, with a registered address at M22 4TS, Manchester, Greater Manchester, C/O Heimbach Uk Limited, Bradnor Road Wythenshawe.

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