Meltech Cre Limited

Meltech Cre Ltd from Preston UK: a small holding company with an active status, was founded 17 years ago and employs just two people. The company holds £802,452 in assets, but operates from a virtual address – sixty-nine other companies are registered at the same location. It’s led by two directors and owned by two individuals. The company imports optical and medical tools and devices irregularly, with just one month of imports recorded, and exports machinery, boilers, and mechanical appliances parts, also irregularly, with two months of export activity.

The company’s website showcases a diverse range of engineering solutions for metals and plastics processing, specializing in continuous rotary extrusion (CRE) technology. It serves clients globally, offering expert advice, precision machinery, and lifetime support. Meltech's wire and cable division provides solutions for handling and tensioning, while its plastic extrusion division focuses on productivity improvements for processors of pipes and profiles. A significant portion of the business involves metal extrusion, with a focus on high-performance handling and manufacturing solutions for the oil and gas industry.

Financially, Meltech Cre Ltd’s recent performance presents a mixed picture. Current assets have decreased by 24% to £800,000, while net assets have fallen 15% to £400,000. Bank borrowings have increased by 12% to £6,000, and cash reserves have dropped significantly by 350% to £480,000. Creditors have also decreased by 26%, suggesting better debt management. The company’s small size—meeting two of three criteria for a small company—helps it remain flexible. The lack of an auditor is typical for a small company, so the financial information is unaudited. The company’s significant decrease in equity, however, is something to keep an eye on.

Registered in England/Wales under the registration number 06360713, with a registered address at PR1 3HP, United Kingdom, Preston, Lancashire, Richard House, Winckley Square.

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