Meg4tec Ltd

Meg4tec Ltd, based in Bury, UK, is a small, active company founded twelve years ago in 2012. With seven employees and £1,000,291 in assets, it operates from a real address at a business park. A solo founder and single director, Wiewiora Marcin, leads the company, which currently holds a Google rating of 4.0 based on thirteen reviews. The business regularly imports machinery, boilers, and mechanical appliances—parts, with its last import operation occurring eight months ago in July 2019.

Meg4tec Ltd’s core business revolves around online packaging solutions, as evidenced by its website, Meg4Tec XPack. The site offers a range of packaging supplies and caters to various industries. The company also has a presence across multiple online platforms, including eBay, Amazon, Etsy, TikTok, Instagram, Facebook, and Twitter, demonstrating a diversified digital marketing strategy. Contact information is readily available, with a form allowing customers to submit inquiries.

Financially, Meg4tec Ltd presents a mixed picture. Cash bank on hand increased by 15% to £700,000, a positive sign of liquidity. However, creditors have risen significantly, increasing by 170% to £120,000, suggesting potential challenges in managing short-term liabilities. Trade debtors also increased by 72%, indicating delayed customer payments. On a brighter note, property plant equipment gross cost increased by 2.3% to £36,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the increase in liabilities warrants attention. No auditor is mentioned, likely due to the company’s exemption as a small entity.

Overall, Meg4tec Ltd seems to be navigating a period of growth, but with increased financial pressure. Its diversified online presence and focus on packaging solutions provide a solid foundation, but careful management of liabilities will be crucial for sustained success.

Registered in England/Wales under the registration number 08238557, with a registered address at BL9 7NY, United Kingdom, Bury, Unit 2 J2 Business Park, Bridge Hall Lane.

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