Militec Ltd.

Militec Ltd from Mountain Ash, UK, is a small, active company founded 30 years ago. With 10 employees and £323,776 in assets, it operates from a real address and is managed by three directors and two owners. The company is an irregular importer of toys, games, and sports equipment, with just one month of import activity recorded in 2022. It’s also an irregular exporter, having exported nothing in the last eight years.

Militec specializes in the design and manufacture of small arms target equipment for military and police forces worldwide. Its website showcases a range of products, including turning targets, controllers, and computer-aided control systems. The company emphasizes robust construction and exacting build standards, catering to training requirements globally. It even has a presence in London’s Harrods.

Financially, Militec’s numbers present a mixed picture. Current assets have decreased by 32%, dropping to £320,000, while net assets have surged by an impressive 210%, reaching £47,000. Bank borrowings have increased by 11%, reaching £36,000, and cash reserves have doubled to £62,000. Creditors have also decreased by 46%, suggesting improved debt management. The company’s small size (meeting two of three criteria for a small company) helps it remain flexible, but the fluctuating figures warrant closer attention. No auditor is mentioned, consistent with its status as a small, exempt company.

Despite the changes, Militec appears to be holding its own, continuing to serve a niche market with specialized equipment. The company’s focus on quality and its global reach suggest a stable foundation, though continued monitoring of its financial performance is advisable.

Registered in England/Wales under the registration number 03317741, with a registered address at CF45 4ER, Mountain Ash, Mid-Glamorgan, Unit 16 Cwm Cynon Business Park.

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