Meltech Limited

Meltech Ltd from Haverhill UK: a small, active company founded 25 years ago, employs 12 people, and holds £1,367,254 in assets. It’s a family business with five directors and two owners, operating from a real address. The company regularly imports and exports electrical machinery and equipment—153 months of imports and 24 months of exports—and is involved in machining, manufacturing ovens, and handling plastics.

The company’s website highlights its expertise in extrusion technologies, wire and cable machinery, and plastic extrusion, offering solutions for industries like oil and gas, automotive, and aerospace. It also boasts a strong focus on continuous rotary extrusion (CRE) technology, driving innovation in metal extrusion. A key aspect is its offering of engineering services, including design, support, tooling, and spares.

Financially, Meltech Ltd shows a mixed picture. Current assets increased by 7.8% to £1,400,000, while net assets remained steady at £720,000. Cash reserves grew significantly, rising 53% to £560,000—a positive sign of liquidity. However, trade debtors increased by 25%, which could indicate a need to improve collection processes. Bank borrowings decreased by 100%, which is good news. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 25 employees) allows for agility. With no auditor mentioned, the financial statements are unaudited.

The company’s focus on specialist engineering solutions and advanced technologies suggests a strategy of high-value, niche markets—a contrast to volume-based retail. Whether this approach will sustain growth in the face of increasing competition remains to be seen, but the strong cash position provides a cushion.

Registered in England/Wales under the registration number 03780047, with a registered address at CB9 8PU, England, Haverhill, 3 Hollands Road.

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