Midtec Products Limited
- Small
- Active
- 21 years
- 13 employees
- £874,378 (assets)
- Real address
- 4 directors
- 1 owner
- Regular importer
- E-commerce
- Rating 5.0 (6)
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
Phones
Summary
Midtec Products Ltd from Ammanford, UK, is a small, active company founded 21 years ago. With 20 employees and £1,176,504 in assets, it’s a well-established business. The company operates from a real address and is overseen by four directors and one owner. Its Google rating is a perfect 5.0 based on six reviews, and it runs an e-commerce site. A regular importer of iron or steel products, it has imported for 23 months, with the latest operation in November 2024.
The company specializes in the manufacture of other fabricated metal products, operating within the broader industrial sector. It’s a small company, meeting two of three conditions: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. It’s a family-run business, with Jenkins Thomas, Jenkins Hannah, Jenkins Stephen, and Jenkins Trefor listed as directors.
A review of the company’s financials reveals a mixed picture. Cash bank on hand has plummeted by a staggering 93%, dropping to just £26,000. Trade debtors have also decreased significantly, down 40% to £240,000, which could indicate improved collection practices or a shift in customer payment terms. However, creditors have increased by 19%, reaching £790,000, and net assets have risen 15% to £670,000. The company’s average number of employees has decreased by 35%, falling to 13 – a notable shift that might be related to cost-cutting measures or changing operational needs. While the company’s retained earnings have increased by 18%, the drop in cash reserves is a cause for some concern. The company is exempt from an audit due to its size, and the financial statements are unaudited.
Registered in England/Wales under the registration number 05120687, with a registered address at SA18 3BL, Wales, Ammanford, Unit 3b Clos Fferws, Capel Hendre.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 9 years
- 1
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 4 years
-
Resident of United Kingdom
-
Individual
- 4 years
-
Resident of United Kingdom
-
Individual
- 9 years
- 1
-
Resident of United Kingdom
-
Individual
- 17 years
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted two months ago.
Last news
-
Unaudited abridged accounts made up to 2025-03-31Download 9 pages pdf report
-
Confirmation statement made on 2025-04-16 with no updatesDownload 3 pages pdf report
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Confirmation statement made on 2024-04-16 with no updatesDownload 3 pages pdf report
Importer profile by HS codes
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Last imported products
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FAQ about Midtec Products Limited
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