Menzolit Ltd.

Menzolit Ltd from Burnley, UK, is a large, active company established 37 years ago in 1987. With 38 employees and £4,650,619 in assets, it's a significant player, generating £20,348,378 in yearly revenue. The company operates from a real address and is managed by three directors and one owner, with Folger Werner Horst being a key figure. Menzolit regularly imports tanning and dyeing products (88 months) and exports plastics and plastic products (26 months).

The company's website paints a picture of a global provider of compounding solutions, specializing in quality resins for composite applications. Menzolit caters to industries like automotive, construction, electrical, and mass transport, offering a range of products including SMC, BMC, and HPC. The site highlights its commitment to sustainability, safety, and quality, with sections dedicated to news, design guides, and technical services. It's clear that Menzolit is focused on B2B sales, offering technical expertise and customized solutions rather than direct consumer retail.

Financially, Menzolit shows a mixed picture. While turnover remained steady, cash bank on hand dramatically decreased by 67%, falling to £350,000. Net assets increased by 14%, reaching £6,800,000, however, bank borrowings increased significantly. Debtors rose by 13%, which could indicate delayed payments from customers, or an expansion of credit terms. A notable decrease in accrued liabilities suggests better management of short-term obligations. The company’s large size (meeting two of three criteria for being a large company) and consistent revenue stream suggest a stable business, but the drop in cash reserves warrants attention. The company's accounts are audited by DJH Mitten Clarke Audit Limited.

Overall, Menzolit Ltd appears to be a well-established company navigating a competitive market. The decline in cash reserves may be a temporary setback, or it could signal a need for improved working capital management.

Registered in England/Wales under the registration number 02184127, with a registered address at BB11 5DB, England, Burnley, Farrington Road Industrial Estate, Farrington Road.

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