Maun Industrieslimited

Maun Industries Ltd, based in Sutton In Ashfield, UK, is a small, holding company with an active status, having operated for 81 years. Employing 35 people and holding assets of £2,037,632, the company maintains a real address and is managed by one director and one owner. It's a regular importer and exporter of basic metal tools and utensils, with six months of import activity and 301 months of export activity.

The company’s website, Maun Buy Quality Hand Tools Online, showcases a wide range of pliers, cutters, straight edges, punches, and other specialized tools. It caters to various industries, including jewellery making, leatherwork, fencing, auto repair, electrical work, and more, offering both individual tools and comprehensive kits. The site also features a knowledge base with articles on selecting the right tools for different applications, demonstrating a commitment to customer education and support.

Financially, Maun Industries Ltd's recent performance indicates some challenges. Cash reserves have fallen by 32%, dropping to £610,000, while current assets decreased by 22% to £2,000,000. Trade debtors have seen a significant drop of 58%, shrinking to £240,000, which could suggest issues with customer payments. However, creditors have also decreased by 34%, indicating improved debt management. The company meets the criteria for a small business, with turnover below £10.2 million, assets under £5.1 million, and fewer than 50 employees. A noticeable drop in the average number of employees, from 35 to 29, suggests a possible restructuring or reduction in workforce. The company is exempt from an audit, relying on unaudited financial statements.

Despite the financial pressures, Maun Industries Ltd's long history and extensive product range suggest a resilient business. Its focus on quality hand tools and diverse industry applications positions it well to navigate the market, though continued monitoring of its financial performance is advisable.

Registered in England/Wales under the registration number 00384684, with a registered address at NG17 5LD, Sutton In Ashfield, Notts, Hamilton Road.

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