Metcraft Group Ltd

Metcraft Group Ltd, based in Maidstone, UK, is a small holding company with an active status, established six years ago in 2018. Employing 31 people and holding assets of £1,866,000, it operates from a real address and is overseen by two directors and one owner. The company regularly imports machinery, boilers, and mechanical appliances—parts, with four months of import activity recorded, the last in October 2023. It also exports iron or steel products, though less frequently, with two months of export activity as of August 2024.

The company’s website showcases its expertise in storage tanks and specialist steel fabrication, highlighting over sixty-five years of industry experience. Metcraft Group Ltd operates two factories in Kent and caters to a global market, producing tanks, vessels, and steelwork to customer specifications. They offer a wide range of products, including standard and bespoke tanks, fuel dispensing systems, and accessories, and even provide fuel polisher systems and pipework services. The website also mentions a division specializing in piano restoration, a surprising diversification from the core metal fabrication business.

Financially, Metcraft Group Ltd’s recent performance presents a mixed picture. Current assets have decreased by 9.9% to £1,900,000, while net assets have increased by 2.4% to £1,600,000. Bank borrowings have increased by 67% to £17,000, and cash reserves have fallen by 72% to £220,000. Trade debtors have risen by 32%, suggesting potential delays in customer payments, while creditors have increased by 28%. The company’s small size (meeting two of three conditions for being a small company) allows for agility, but the decrease in cash reserves warrants attention. As a small company, the accounts are unaudited, relying on director-reported data.

Overall, Metcraft Group Ltd seems to be navigating a period of change, with a focus on maintaining its established manufacturing capabilities while exploring new avenues like piano restoration.

Registered in England/Wales under the registration number 11568765, with a registered address at ME20 7DT, Maidstone, Kent, 4 Old Mill Lane, Aylesford.

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