Masterflex Technical Hoses Limited

Masterflex Technical Hoses Ltd from Derker UK: small company, holding company, active status, founded 29 years ago, 10 employees, £1,156,257 assets, real address, 3 directors, 1 owner, google rating 5.0 based on 1 reviews. Regular importer of plastics and plastic products (80 months imported). Regular exporter of iron or steel products (16 months exported). It’s a small, active company operating from Oldham, UK, with a solid 5.0-star Google rating—a promising sign. Founded nearly three decades ago, the business employs ten people and holds £1,156,257 in assets. As a holding company with three directors and one owner, it appears to be a well-structured operation, although the single owner makes it reliant on their continued involvement.

The company’s core business revolves around the manufacture of other plastic products, and it’s a regular importer of plastics and plastic products, with 80 months of import activity recorded, the last in February 2025. It also exports iron or steel products, with 16 months of export activity, the last in December 2024. It’s clear they’re involved in both inbound and outbound trade, suggesting a diverse supply chain and customer base.

Financially, Masterflex Technical Hoses Ltd shows a mixed picture. Current assets decreased by 10% to £1,200,000, while net assets increased by 14% to £1,100,000. Cash bank on hand fell 11% to £400,000, and creditors decreased by 28% to £290,000—a positive sign of improved debt management. Trade debtors, however, dropped 24% to £360,000, which could indicate slower customer payments. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile, but the decrease in cash reserves is something to keep an eye on. The company’s accounts are unaudited, likely due to its small size, and no auditor is mentioned.

Overall, Masterflex Technical Hoses Ltd seems to be navigating a stable, albeit somewhat challenging, financial landscape. The decrease in cash reserves, while concerning, is offset by improvements in debt management. The company's long-standing presence and positive Google rating suggest a resilient business with a loyal customer base.

Registered in England/Wales under the registration number 03136801, with a registered address at OL1 4ER, Derker, Oldham, Prince Of Wales Business Park, Vulcan Street.

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