Minkon Ltd.

Minkon Ltd from Hartlepool UK: a small holding company with an active status, established 42 years ago, employs 13 people, and holds £403,716 in assets. It has a real address, is overseen by two directors and one owner, and regularly imports optical and medical tools and devices (27 months) while exporting natural and modified starches, glues, and enzymes (72 months).

The company is part of the larger Minkon International Group and specializes in high-temperature parts and solutions. Its expertise lies in the manufacture and supply of products for extreme environments, catering to steelmakers and foundries with its Minkon International brand. A separate division, Fortafix, focuses on fireproof, heat-resistant, and flame-retardant sealants, adhesives, and cements, serving a wide range of industrial users. The company's website highlights its commitment to continuous improvement and innovative solutions, offering a range of advanced systems and probes for process control.

The website reveals a diverse range of activities, from supplying bespoke gaskets to offering museum-grade piano restoration services—a surprising contrast to its core business. The company's website also provides answers to frequently asked questions, detailing its location, opening hours, and product ranges. It even includes a section dedicated to customer testimonials, praising its reliability and competence.

Financially, Minkon Ltd demonstrates some interesting trends. Cash bank on hand increased by a substantial 89% to £34,000, while deferred tax liabilities more than doubled to £30,000. Creditors decreased by 10%, suggesting improved debt management, but trade debtors fell by 4.5%. Equity, however, saw a significant jump of 96%, largely driven by retained earnings. The company’s small size (meeting two of three conditions for a small company) allows for agility, but the changes in deferred tax and equity warrant further observation. The unaudited accounts, overseen by Waltons Business Advisers Limited, rely on director-reported data.

In short, Minkon Ltd appears to be a stable, albeit evolving, business. The diversification into piano restoration, while unexpected, adds a layer of complexity to its operations. Whether this expansion will contribute to long-term success remains to be seen, but the company’s focus on high-quality products and customer service positions it well for the future.

Registered in England/Wales under the registration number 01641366, with a registered address at TS25 2BS, Hartlepool, Cleveland, Tofts Farm Industrial Estate, Brenda Road.

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