M H (thread Rolling) Ltd

M H (Thread Rolling) Ltd, based in Nottingham, UK, is a small, family-run business with an active status. Founded 30 years ago in 1994, the company employs just one person and holds £183,315 in assets. It operates from a virtual address, registered to a building shared by 45 other companies, and is managed by three directors and two owners. The company regularly imports machinery, boilers, and mechanical appliances, with the latest import activity recorded three months ago. It also exports electrical machinery and equipment, though less frequently, with the last export activity dating back to 2017.

The company’s website showcases a specialized business: the sale and restoration of thread rolling machines. It acts as a sales agent for manufacturers in Italy and Taiwan, offering a range of new and used machines, including two-roll, three-roll, and hydraulic models. The website highlights the benefits of thread rolling – increased accuracy, precision, and efficiency – and targets manufacturers in industries like aerospace, automotive, oil & gas, and medical. It even offers spare parts for older ORT machines.

Financially, M H (Thread Rolling) Ltd presents a mixed picture. Current assets have increased significantly, jumping 230% to £180,000, which is a positive sign. However, net assets have decreased slightly, falling 3.5% to £7,500. Bank borrowings have increased substantially, rising 27% to £34,000, and cash reserves have increased dramatically, rising 550% to £1,700. Creditors have increased significantly, rising 360% to £170,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in borrowings and creditors suggests a need for careful financial management. As a small company, it is exempt from an audit, so the figures are unaudited. The company’s website mentions a production software called CCH Accounts Production 2024.301.

Registered in England/Wales under the registration number 02950029, with a registered address at NG1 6GR, England, Nottingham, 14 Park Row.

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