Menard Limited

Menard Limited, based in Ormskirk, UK, is a medium-sized holding company with an active status, established 32 years ago. Employing a substantial 63,000 people, the company holds assets worth £13.873 million and generates yearly revenue of £31.508 million. It’s a significant player, with five directors and one owner overseeing operations. The company regularly imports and exports machinery, boilers, and mechanical appliances, parts, with recent activity recorded in July 2024 for imports and June 2024 for exports.

Menard Group, the parent company, specializes in ground improvement and reinforcement technologies, offering solutions for foundation challenges across various sectors, including buildings, ports, airports, railways, and energy projects. Their website showcases a wide range of techniques, from Controlled Modulus Columns to Dynamic Compaction, catering to diverse soil conditions and project requirements. They have a global presence, operating in over 80 countries, and pride themselves on delivering innovative solutions and expert engineering.

Financially, Menard Limited's recent performance presents a mixed picture. While turnover increased by a modest 1.5% to £32 million, net assets have seen a significant jump of 31% to £5.4 million. However, bank borrowings have increased dramatically by 2,400% to £29,000, and cash reserves have decreased by 30% to £28,000. Creditors, however, have decreased by 18%, suggesting improved debt management. Administrative expenses have also increased by 29%, which could be a factor in the net loss. The company's average number of employees has risen by 14% to 72,000, reflecting growth in their operations. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp equity drop raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Menard Limited appears to be a growing company facing some financial pressures, but leveraging its parent company’s expertise and global reach to maintain a strong market position.

Registered in England/Wales under the registration number 02740512, with a registered address at L40 8JS, Ormskirk, Lancashire, Henderson House Langley Place, Burscough Industrial Estate.

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