Minerva Scientific Limited

Minerva Scientific Ltd from Sittingbourne UK: a small holding company with an active status, was founded 23 years ago. With 17 employees and £367,327 in assets, the company operates from a real address and is overseen by three directors and one owner, holding a Google rating of 3.0 based on six reviews. Regular importer of miscellaneous chemical products (6 months imported).

The company operates in the technical testing and analysis industries. Minerva Scientific Limited is a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, and employees less than 50. The company is a regular importer, with its top import category being Miscellaneous chemical products, totaling 6 months of imports. The last import operation was conducted on April 01, 2024.

A review of the company’s financial data reveals some interesting trends. Depreciation on plant and machinery has decreased significantly, dropping by 35%, while the company’s net assets have also fallen by 10% to £900,000. Bank borrowings have been reduced by 16%, and cash reserves have declined by 6% to £140,000. While creditors have decreased slightly, the company’s net loss has also deepened by 11% to -£100,000. It’s likely that the company is managing its fixed assets effectively, but the loss suggests ongoing operational challenges.

The company’s financial statements are unaudited, and no auditor is mentioned, which is common for small companies. The financial data suggests a company that’s holding steady, but facing pressures. The company’s focus on technical testing and analysis, combined with its import activities, points to a specialized niche. Whether the company can sustain its current trajectory remains to be seen.

Registered in England/Wales under the registration number 04320952, with a registered address at ME9 1AZ, United Kingdom, Sittingbourne, Kent, Building 170 Abbott Drive, Kent Science Park.

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