Micro Materials Limited
- Small
- Holding
- Active
- 36 years
- 17 employees
- £566,155 (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
Micro Materials Ltd from Wrexham, UK, is a small holding company with an active status, established 36 years ago. The company employs 17 people and holds assets valued at £566,155. It operates from a real address and is overseen by two directors and one owner. Regular import and export activities are central to its business, with 50 months of import and 41 months of export activity recorded, the latest both occurring in February 2025.
The company specializes in the manufacture of non-electronic measuring, testing, and similar equipment, not intended for industrial process control. It functions as a holding company, overseeing operations and facilitating trade in optical and medical tools and devices. The business is a regular importer and exporter, with its top categories being optical and medical tools and devices.
Financially, Micro Materials Ltd’s recent performance reveals a mixed picture. Current assets have fallen by 44%, dropping to £570,000, while net assets have plummeted 330%, reaching -£390,000. Cash reserves have increased by a significant 110%, reaching £66,000, which is a positive sign. Bank borrowings have increased by 11%, reaching £590,000. Creditors have decreased by 36%, suggesting improved debt management. 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 agility, but the sharp equity decline raises concerns. As a small company, it is exempt from an audit, and the financial statements are unaudited. It’s clear that the company is facing financial challenges, and the increased borrowings may indicate a need for additional funding.
Registered in England/Wales under the registration number 02332065, with a registered address at LL13 7YL, Wrexham, Willow House Yale Business Village, Ellice Way, Wrexham Technology Park.
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
- 2
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 8 years
- 5
-
Resident of United Kingdom
-
Individual
- 8 years
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted five months ago.
Last news
-
Total exemption full accounts made up to 2024-03-31Download 11 pages pdf report
-
Confirmation statement made on 2025-01-02 with no updatesDownload 3 pages pdf report
-
Director's details changed for Sanjay Narain on 2024-11-18Download 2 pages pdf report
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 Micro Materials Limited
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