Mekina Industries Ltd

Mekina Industries Ltd is a small holding company based in Essex, UK, with an active status. Founded just one year ago in June 2023, it employs three people and holds assets valued at £252,104. The company has four directors and one owner, and operates from a real address. It’s a regular importer, specializing in rubber and rubber products, with the most recent import activity recorded three months ago in December 2024.

The company’s website reveals a focus on innovative GRP (Glass Reinforced Polymer) permanent formwork solutions for critical infrastructure projects, like highways and railway bridges. Mekina Industries positions itself as the “greenest” formwork provider, highlighting its recyclability, reduced embodied carbon (up to 35% less than alternatives), and bespoke manufacturing process. The website emphasizes consistent performance, comprehensive technical assurance, and a proven design life three times longer than competitors. It’s clear they’re targeting a niche market focused on sustainability and high-quality engineering.

Financially, Mekina Industries Ltd presents a mixed picture. While cash bank holdings remain steady at £110,000, net assets are negative at -£130,000. This suggests the company is burning through cash, or has significant liabilities. Trade debtors have increased, which could be a sign of delayed payments from customers, or a strategic move to offer more credit. Creditors also remain high at £390,000, which is a little concerning. The company’s small size (meeting two of three criteria for a small company) helps with agility, but the negative equity is a point of concern. The absence of an auditor mentioned likely reflects its status as a small company exempt from mandatory auditing. The company's retained earnings are also negative, which is a bit worrying.

Registered in England/Wales under the registration number 14917059, with a registered address at CO15 4LP, United Kingdom, Essex, Dura House, Telford Road Gorse Lane Industrial Estate, Clacton-On-Sea.

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