Martyn Edwards Limited

Martyn Edwards Ltd from Dormanstown Redcar UK: small company, holding company, active status, founded 22 years ago, 34 employees, £513,067 assets, real address, 3 directors, 3 owners, google rating 4.0 based on 5 reviews. Regular importer of optical and medical tools and devices (3 months imported). It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The company operates in the manufacture of machinery for food, beverage and tobacco processing industries. Officially, it has three owners or PSCs, three directors, and thirty four employees.

Based on its website, Martyn Edwards Ltd is a holding company, but its core business revolves around the manufacture of machinery for the food, beverage, and tobacco processing industries. While the website doesn’s provide a detailed e-commerce presence, it does highlight the company’s long history and expertise in its field. It’s a well-established operation, and it seems to be doing well.

Financially, Martyn Edwards Ltd has seen some interesting trends. Current assets have decreased by 23%, falling to £510,000, while net assets have plummeted 51%, ending at £430,000. Bank borrowings have increased by 130%, reaching £81,000, and cash reserves have fallen a significant 96%, leaving just £8,000. Creditors have also increased by 8.5%, reaching £310,000. On a positive note, trade debtors have risen by 13%, suggesting improved customer payments. The company’s small size helps it stay nimble, but the sharp decline in equity raises questions. With no auditor mentioned, the figures rely on unaudited statements.

The company’s profits have also taken a hit, dropping 73% to -£29,000. This could be due to a number of factors, such as increased competition or rising costs. However, it’s important to note that the company is still profitable, albeit at a much lower level than in the past. It’s likely that the company will need to take steps to improve its financial performance in the coming years, such as cutting costs or increasing sales.

Registered in England/Wales under the registration number 04570886, with a registered address at TS10 5JU, Dormanstown Redcar, Cleveland, Limerick Works, Limerick Road.

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