Meyer Group Limited

Meyer Group Limited, based in Wirral, UK, is a holding company with a 45-year history and an active status. Employing 87 people, the company holds assets valued at £19,574,000. It’s governed by four directors, though no owners are officially listed, suggesting a complex ownership structure. The company has a 2.0 Google rating from 51 reviews, indicating room for improvement in customer perception. Meyer Group Limited regularly imports and exports iron or steel products, with a consistent history of 165 months of imports and 66 months of exports.

The company’s website showcases a diverse portfolio of kitchenware brands, including Circulon, Prestige, Hestan, Ruffoni, and Anolon, distributed across 30 countries. Meyer operates 11 factories and has a global presence, with offices and distribution centers spanning North America, Europe, Asia, and Australia. The website emphasizes innovation, sustainability, and a commitment to inspiring joy for every chef, positioning Meyer as more than just a distributor—but a lifestyle brand.

Financially, Meyer Group Limited’s recent performance shows some concerning trends. Net assets declined by a significant 43%, falling to £21 million, while cash reserves dropped by 57%, leaving just £940,000 available. Bank borrowings, however, surged by a staggering 2,500%, reaching £9.1 million, suggesting a need for increased financing. Trade debtors also increased, indicating potential issues with customer payments. On the positive side, creditors decreased by 25%, which could indicate improved debt management.

The lack of an auditor mentioned in the report—likely due to the company’s size—means the figures are unaudited. Despite the mixed signals, Meyer Group Limited’s extensive global network and diverse brand portfolio suggest a resilient business, but the sharp decline in equity and increased borrowing raise questions about its long-term financial health. It's clear the company is navigating a period of change, and its ability to maintain profitability will be key to its future success.

Registered in England/Wales under the registration number 01443669, with a registered address at CH62 3RH, Park, Riverview Road,, Bromborough, Wirral, Meyer Group Limited, Wirral International Business.

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