Marmax Products Limited

Marmax Products Ltd from Stanley UK is a small, holding company with an active status. Established 42 years ago in 1982, it employs around 60 people and holds assets valued at £2,721,598. The company, with five directors and a single owner, operates from a real address and regularly imports and exports furniture, lighting, and prefabricated buildings—with recent activity recorded in both July and November.

The company’s website showcases Marmax Recycled Plastic Products, an award-winning manufacturer specializing in 100% recycled plastic outdoor furniture and play equipment. All products are delivered fully assembled, maintenance-free, and handmade to order. The site also highlights partnerships with organizations like Dogs Trust, showcasing a range of dog agility equipment made from recycled materials. They even won the Green Business Small Company Award at the Durham Environmental Awards 2024.

Financially, Marmax Products Ltd’s recent report shows some interesting trends. While current assets remain steady at £2.7 million, bank borrowings have increased significantly by 160%, reaching £51,000. Cash reserves, however, have jumped considerably, rising by 380% to £70,000. The company’s employee numbers have decreased by 25%, dropping to 45. Debtor values have also increased by 30%, which could indicate a period of growth or perhaps delayed payments. The company's small size—meeting two of three criteria for a small business—allows for agility, but the increase in bank borrowings suggests a need for careful financial management. The report, which hasn’t been audited, relies on director-reported data. It’s a bit strange that the number of employees has dropped so much.

Registered in England/Wales under the registration number 01661404, with a registered address at DH9 9QX, England, Stanley, County Durham, Units 9-16 Tanfield Lea Industrial Estate South, Tanfield Lea.

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