Matravers Engineering Limited

Matravers Engineering Ltd from Taunton, UK, is a small, active company founded 35 years ago. With 23 employees and £1,568,418 in assets, it’s a well-established player in its field. The firm has five directors and one owner, and boasts a perfect 5.0 Google rating based on eight reviews. It’s a regular importer of iron or steel products, with recent activity recorded three months ago.

The company specialises in the design and manufacture of steel moulds for a wide range of products, catering to industries like precast concrete and structural engineering. Their website highlights capabilities ranging from CAD design to bespoke engineering solutions, even offering services like crash barrier fabrication. It seems they’ve grown from a small family concern to a significant engineering company in the South West of England, with a 2000m² workshop and a focus on quality and innovation.

Financially, Matravers Engineering Ltd shows some interesting trends. Current assets increased by 41% to £1,600,000, while net assets rose 22% to £1,300,000 – a positive sign. However, bank borrowings increased by a substantial 2,400% to £29,000, and cash reserves fell 30% to £900,000. Creditors decreased by 18%, suggesting better debt management. The company’s size (meeting two of three conditions for being a small company) allows for flexibility. The company is exempt from an audit, so the figures are unaudited.

The increase in borrowings, despite the rise in assets, suggests the company might be investing in expansion or facing increased operating costs. It’s possible that the company is reinvesting profits into new equipment or personnel, but the decline in cash reserves warrants further observation. The company’s continued success will likely depend on maintaining its reputation for quality and innovation in the competitive steel mould market.

Registered in England/Wales under the registration number 02460600, with a registered address at TA3 6PA, Taunton, Somerset, Isle Moor Works, Fivehead.

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