Marcote (uk) Ltd

Marcote Uk Ltd from Birmingham UK: a small, active company founded 23 years ago, employs 12 people, and holds £381,531 in assets. It operates from a virtual address, managed by two directors, and curiously, has no registered owners. The company regularly imports tanning and dyeing products (for 12 months) and exports machinery, boilers, and mechanical appliances (for 9 months).

Marcote Uk Ltd appears to be a small business, meeting two of the three conditions to be considered small: turnover under £10.2 million and assets under £5.1 million. The company’s website is not available, so it’s difficult to ascertain if it operates an e-commerce platform. Instead, it seems to focus on import and export activities within the other service activities n.e.c. industries.

Looking at the financial data, there are some interesting trends. Cash bank on hand has decreased significantly, dropping 44% to £100,000. While current assets also fell by 16%, to £380,000, net assets have increased by 33%, reaching £260,000. Bank borrowings have increased by 2,400%, reaching £29,000, and creditors rose 2% to £460,000. The company’s average number of employees has increased by 25%, to 15. The company's retained earnings have also increased by 33%, reaching £260,000. It’s worth noting that the company’s trade debtors have remained stable, suggesting consistent customer payments.

The lack of an auditor mentioned is typical for a small company, and the figures are unaudited. Overall, Marcote Uk Ltd seems to be navigating some financial challenges, but the increase in net assets suggests a degree of resilience. The company’s focus on import and export, combined with its small size, allows it to remain agile, but the increase in bank borrowings raises questions about its long-term financial health.

Registered in England/Wales under the registration number 04334738, with a registered address at B16 9HN, Birmingham, 13 Portland Road, Edgbaston.

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