Marwood Group Limited

Marwood Group Limited, based in London, UK, is a sizable and active company with a history spanning 45 years. Founded in 1979, it employs 183 people and holds assets totaling £35,974,504, generating a yearly revenue of £33,477,665. With six directors and a single owner, the company operates from a real address and has a strong presence in the import and export sectors.

The company’s core business revolves around the manufacture of lifting and handling equipment, renting and leasing construction machinery, and producing builders' ware of plastic and metal structures. It’s a regular importer of basic metal tools and utensils, sourcing these items for eight months of the year, with the most recent import occurring in November 2024. Less frequently, Marwood Group Limited exports plastics and plastic products, with just one month of export activity recorded, also in November 2024.

Financially, Marwood Group Limited presents a mixed picture. While turnover increased by 13%, reaching £33,477,665, current assets decreased by 25%, dropping to £36 million. Net assets also declined, falling 18% to £52 million. Bank borrowings increased significantly, rising 300% to £1.5 million, while cash reserves decreased by 45%, leaving £19 million. Creditors decreased by 32%, suggesting improved debt management, and staff costs increased by 8%, reflecting the company's growth. The company's size (meeting two of three criteria for a large company) means it’s not subject to a full audit, relying on unaudited statements.

The increase in staff costs and bank borrowings, coupled with the decline in cash reserves, suggests that Marwood Group Limited is investing in its operations, perhaps expanding its product lines or entering new markets. The decrease in current assets, however, warrants further investigation to determine if it’s a temporary fluctuation or a sign of underlying challenges. Despite these concerns, the company's established history, large workforce, and significant assets indicate a resilient business with the potential for continued success.

Registered in England/Wales under the registration number 01422430, with a registered address at E6 6JG, London, 72 Roding Road, London Industrial Park.

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