Metwire Belts Limited
- Small
- Holding
- Active
- 49 years
- 15 employees
- £887,773 (assets)
- Real address
- 2 directors
- 1 owner
- Regular importer
- Regular exporter
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Metwire Belts Ltd from Warrington UK is a small holding company with an active status, established 49 years ago in 1975. The company employs 15 people and holds assets valued at £887,773. It has a real registered address, is overseen by two directors, and is owned by one individual. Metwire Belts Ltd regularly imports and exports machinery, boilers, and mechanical appliances, including parts – 11 months of import activity and 14 months of export activity were recorded.
The company operates in the manufacture of lifting and handling equipment industries. It’s a small company, meeting two of three criteria: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. The company is audited, and the accounts are prepared in accordance with the provisions applicable to companies subject to the small companies regime.
Financially, Metwire Belts Ltd shows some interesting trends. Cash bank on hand increased significantly by 57%, jumping to £430,000, which is a positive sign. However, trade debtors decreased by a substantial 47%, dropping to £140,000, suggesting potential issues with customer payments. Creditors also decreased by 26%, falling to £410,000, which could indicate improved debt management. Net assets remained steady at £1.3 million. The company’s average number of employees decreased slightly, from 15 to 14. The company’s deferred tax policy is to recognise all timing differences.
The company’s auditor is Kreston Reeves LLP, and the senior statutory auditor is Jonathan Timms BSc FCCA. The company’s ultimate controlling party is Wire Belt Company of America. The company’s financial statements have been prepared in accordance with Financial Reporting Standard 102.
Registered in England/Wales under the registration number 01238875, with a registered address at WA2 8PR, United Kingdom, Warrington, 4 Winstanley Industrial Estate, Long Lane.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Corporate
- 8 years
- 75%+
- 🇬🇧
Resident of United Kingdom
Managers
-
Individual
- 7 years
- 4
- 🇬🇧
Resident of United Kingdom
-
Individual
- 9 years
- 2
- 🇬🇧
Resident of United Kingdom
Last reports
The latest confirmation statement submitted seven months ago.
Last news
-
Confirmation statement made on 2024-10-24 with no updatesDownload 3 pages pdf report
-
Accounts for a small company made up to 2023-12-31Download 12 pages pdf report
-
Confirmation statement made on 2023-10-24 with no updatesDownload 3 pages pdf report
Metwire Belts Limited controls
Owns & Controls
-
Corporate
- 8 years
- 75%+
- 🇬🇧
Resident of United Kingdom
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about Metwire Belts Limited
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