Mas Zengrange Limited

Mas Zengrange Ltd, based in St Albans, UK, is a small, active company founded 29 years ago in 1995. It employs just two people and holds assets valued at £11,942,086. The company has a real address and is run by two directors and two owners. It’s an irregular importer and exporter of electrical machinery and equipment, with recent activity spanning two months of imports and one month of exports.

The company specializes in the design, development, and manufacture of artillery and mortar fire control systems and explosive remote initiation devices. Its website highlights a range of products, including remote initiation systems, fire control products, and accessories, catering to military applications like maritime demolitions, breaching, and battlefield simulations. A separate division, 1066 Pianos, focuses on high-end piano restoration, showcasing a different facet of the company’s operations.

Financially, Mas Zengrange Ltd presents a mixed picture. While current assets increased by a substantial 44% to £12 million, net assets saw a significant jump of 140% to £610,000. However, bank borrowings decreased by 99%, leaving just £4200. Creditors increased by 41%, reaching £11 million, and trade debtors decreased by 88%. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the sharp increase in creditors suggests a need to manage debt. The company’s accounts are unaudited, likely due to its small size.

The company’s increased debt and decrease in cash reserves may indicate a period of investment or expansion, but it’s important to monitor these trends closely. The separate piano division seems to be thriving, offering a potential source of stability and prestige.

Registered in England/Wales under the registration number 03113846, with a registered address at AL4 0JY, St Albans, Hertfordshire, Unit A3 Merlin Centre, Acrewood Way.

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