Material Procurement Ltd

Material Procurement Ltd, based in Coatbridge, UK, is a small, active company founded seven years ago in 2017. It’s a solo-founded operation with one director and owner, Hughes Brendan John, operating from a real address. The company primarily imports iron or steel products, with 10 months of import activity recorded, the latest in September 2023. It has also dabbled in exporting these products, with just one month of export activity recorded as of December 2021.

The company's website reveals a broader scope: managing component and product supply from China to UK manufacturing companies. Material Procurement Asia Ltd, as it's known online, boasts extensive experience in sourcing throughout mainland China, with offices in Hangzhou, Ningbo, and Dalian. It offers services from design assistance to commercial production, specializing in castings, pressings, injection mouldings, and machined parts. The website emphasizes competitive pricing and close, mutually rewarding customer relationships.

Financially, Material Procurement Ltd presents a picture of minimal activity. Assets remain static at a modest £100, with cash reserves also holding steady at £100. 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 stay agile, but the lack of significant financial movement raises questions. The accounts are audit exempt with an accountants report, and no auditor is mentioned. It's worth noting that the company has never traded. The director acknowledges his responsibilities under the Companies Act, and the financial statements have been prepared in accordance with Financial Reporting Standard 102.

Registered in Scotland under the registration number SC582485, with a registered address at ML5 2FG, United Kingdom, Coatbridge, North Lanarkshire, Coltswood House, Gartliston Road.

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