Mayteck Ltd

Mayteck Ltd, based in Reading, UK, is a small, family-run business with an active status, having been established 21 years ago. The company employs seven people and holds assets valued at £326,010. With two directors and two owners, it operates from a real address and has a long history of importing furniture, lighting, and prefabricated buildings – a consistent activity spanning 69 months, with the latest import in February 2025. It also exports these same items, though less frequently, with three months of export activity concluding in September 2024.

The company’s website is currently unavailable, making it difficult to ascertain the specifics of its online presence or e-commerce activities. However, it’s known that Mayteck Ltd operates in the manufacture of communication equipment, specifically telephone apparatus and equipment.

Financially, Mayteck Ltd presents a mixed picture. While cash reserves increased slightly to £80,000, current assets decreased by 8.4% to £330,000. Debtors have fallen significantly, dropping 13% to £230,000, which could indicate improved collections or a slowdown in sales. Equity has taken a hit, declining 28% to £120,000. Bank borrowings have also decreased by 38% to £20,000. Creditors remain relatively stable, though, at £230,000. 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. As a small company, it is exempt from an audit, and the financial statements are unaudited.

The decrease in equity and the slight drop in current assets suggest that Mayteck Ltd may be facing some financial pressure, though the decrease in bank borrowings is a positive sign. The company’s long history of importing and exporting, combined with its family-run structure, could provide resilience in the face of these challenges.

Registered in England/Wales under the registration number 04758170, with a registered address at RG5 4SQ, England, Reading, Unit 6 Headley Park Nine, Woodley.

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