Martec Limited

Martec Limited, based in Whitstable, UK, is a well-established holding company with an active status, having operated for 38 years. Employing 48 people and boasting assets of £6,811,184, the company generated £9,805,198 in revenue last year. With four directors and one owner, it’s a significant player in its sector, holding a respectable Google rating of 4.0 based on four reviews. The company's registered address is real, with only three companies registered at the same location.

Martec specializes in the manufacture of technical ceramic products, electronic components, and glass processing, catering to a diverse range of industries including aerospace, automotive, medical, and security. Its website highlights a focus on hermetic interconnects, sensors, and high-pressure solutions, suggesting a technical and engineering-driven business model. They don't appear to be primarily an e-commerce operation, instead focusing on providing custom solutions and partnering with clients to design and develop interconnection solutions.

Financially, Martec shows a positive trend, with net assets increasing by 49% to £6,600,000, and turnover rising 23% to £9,800,000. Cash reserves have increased by 110% to £3,300,000, which is a good sign. However, administrative expenses have increased by 31% to £740,000, and net losses deepened, suggesting potential cost pressures. Trade debtors have increased by 7.2% to £1,700,000, which could indicate a slight delay in customer payments. The company's auditor is Kreston Reeves LLP. While the company meets two of three criteria to be considered a small company, its substantial revenue and asset base suggest a more established and robust business. The sharp increase in bank borrowings, however, warrants further investigation.

Registered in England/Wales under the registration number 02122813, with a registered address at CT5 3JF, United Kingdom, Whitstable, Kent, Thanet Way, Tankerton.

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