Masterwood Gb Ltd

Masterwood Gb Ltd, based in Kemsing, UK, is a small holding company with an active status, having been founded 16 years ago in 2009. The company employs just two people and holds assets totaling £595,692. It has a real address and is overseen by three directors and three owners, boasting a stellar 5.0 Google rating based on three reviews. Masterwood Gb Ltd regularly imports machinery, boilers, and mechanical appliances, with parts imported for the past 13 months.

The company's website reveals a focus on specialist CNC and woodworking centres, acting as the UK and Ireland outlet for Masterwood Spa. It’s a merger of two leading companies, MUTI and ZANGHERI BOSCHETTI, and now part of the KDT Machinery Group, expanding its range of woodworking machines. They offer a range of CNC machines, from entry-level drilling to specialist automated production lines, and specialist software packages compatible across their whole range. The website also highlights UK-based technicians, online assistance, and a dedicated team of staff offering support for each machine.

Financially, Masterwood Gb Ltd’s recent performance shows some concerning trends. Accumulated depreciation has increased by 11%, and amounts owed to group undertakings have dropped by a significant 76%. Cash bank on hand has decreased by 66%, and creditors have increased by 41%. However, the company’s average number of employees has increased by 50%, and other creditors have increased by a whopping 6200%. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. With no auditor mentioned, the financial statements are unaudited.

While the company's CNC and woodworking centre business appears strong, the financial data suggests it's burning through cash. Whether this is a temporary setback or a longer-term challenge remains to be seen, but Masterwood Gb Ltd is clearly relying on its specialist products and dedicated support team to navigate these pressures.

Registered in England/Wales under the registration number 06798077, with a registered address at TN15 6NL, Kemsing, Kent, Unit 2 Lakeview Stables, St Clere Estate.

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