Maruwa Europe Ltd.
- Large
- Holding
- Active
- 26 years
- 9 employees
- £3,393,027 (assets)
- £2,373,259 (revenue)
- Virtual address
- 2 directors
- 1 owner
- Regular importer
- Regular exporter
- Rating 5.0 (1)
Two conditions of three:
1.Turnover > £36 million
2.Balance sheet total > £18 million
3.Average number of employees > 250
Field of Operation
Website
Phones
Summary
Maruwa Europe Ltd, based in Ashford, UK, is a sizable holding company with an active status, having operated for 26 years. The company, employing nine individuals, boasts assets of £3,393,027 and generates £2,373,259 in yearly revenue. While registered at a physical address, 158 other companies share the same location, raising concerns about its virtual nature. The company is led by two directors and has one owner, with a stellar 5.0 Google rating based on a single review. Maruwa Europe Ltd regularly imports and exports electrical machinery and equipment, with 14 months of import activity and 21 months of export activity recorded.
The company’s website, MARUWA, showcases a range of activities beyond its core business. While the primary focus seems to be the manufacture of technical ceramic products, the site also highlights a Christmas concert, a ceramic life design award, and a collaboration with Shomei Yamagiwa. There's even a section dedicated to "COO IR," suggesting investor relations efforts. The website’s design is somewhat dated, and the content is primarily in Japanese, indicating a strong connection to its parent company, Maruwa Co., Ltd. in Japan. It’s not clear how much of the company’s operations are conducted online, but the website’s presence suggests a focus on branding and marketing.
Financially, Maruwa Europe Ltd presents a mixed picture. While its revenue is substantial, several key metrics indicate potential challenges. Accrued liabilities increased by 20%, while depreciation on plant and machinery remained relatively stable. The company’s average number of employees rose by 25%, suggesting increased operational activity, but administrative expenses jumped a significant 63%. Cash and cash equivalents decreased by 9%, and net assets declined by 11%, which is a concerning trend. Bank borrowings increased, and while creditors decreased slightly, the overall financial picture suggests the company is burning through cash. The lack of a named auditor in the report is not unusual for a company of this size, and the figures are unaudited.
Overall, Maruwa Europe Ltd appears to be a well-established company with a strong brand and a global reach, but its financial performance requires close monitoring. The company’s reliance on its parent company and the virtual nature of its registered address are also factors to consider. The company seems to be doing okay, but there’s a feeling that it’s working hard to stay afloat.
Registered in England/Wales under the registration number 03668742, with a registered address at TN23 1FB, England, Ashford, Kent, 5th Floor Ashford Commercial Quarter, 1 Dover Place.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Corporate
- Maruwa Co Ltd
- 9 years
- 75%+
-
Resident of Japan
Managers
-
Individual
- Goto Kouichi
- 6 years
-
Individual
- Kawase Jiro
- 6 years
-
Resident of Japan
Last reports
The latest confirmation statement submitted four months ago.
Last news
-
Confirmation statement made on 2024-11-17 with no updatesDownload 3 pages pdf report
-
Full accounts made up to 2024-03-31Download 22 pages pdf report
-
Confirmation statement made on 2023-11-17 with updatesDownload 5 pages pdf report
Importer profile by HS codes
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Exporter profile by HS codes
Last exported products
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FAQ about Maruwa Europe Ltd.
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